Om Freight promoters declare no encumbrance on shares in FY26

1 min read     Updated on 17 Jun 2026, 12:23 AM
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Om Freight Forwarders Limited disclosed that its promoters and promoter group have not encumbered any shares during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges on April 06, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Om Freight Forwarders has confirmed that its promoters and promoter group did not create any encumbrance on shares held by them during the financial year ended March 31, 2026. This disclosure ensures that the shareholding of the key stakeholders remains unpledged, providing stability to the company's ownership structure. The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited on April 06, 2026.

The declaration was made by Harmesh Rahul Joshi, Promoter and Executive Director, on behalf of all promoters and the promoter group along with persons acting in concert. This filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires such disclosures to be submitted at the end of every financial year.

The list of promoters and members of the promoter group was provided as an annexure to the filing. The table below details the shareholding percentages of the key individuals and entities within the promoter group.

Name of Person Category Shareholding %
Rahul Jagannath Joshi Promoter 30.74%
Harmesh Rahul Joshi Promoter 17.85%
Jitendra Maganlal Joshi Promoter 9.46%
Kamesh Rahul Joshi Promoter 7.14%
Maya Rahul Joshi Promoter Group 8.11%
Lachita Kamesh Joshi Promoter Group 0.46%
Kejal Harmesh Joshi Promoter Group 1.06%
Om Finmart Services Private Limited Promoter Group 0.03%

The comprehensive list includes 83 names, comprising individuals and entities such as Om Freight Infrastructure Logistics Private Limited, Oscar Freight Private Limited, and various other group companies. While the specific shareholding percentages for many entities in the promoter group were not disclosed in this filing, the declaration confirms that none of these holdings were encumbered during the specified period.

Historical Stock Returns for Om Freight Forwarders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%-0.90%-8.48%-9.35%-4.51%-4.51%

How will the unpledged status of promoter shares influence investor confidence and stock liquidity in the upcoming fiscal year?

What are the potential expansion plans or capital allocation strategies for Om Freight Forwarders given the stable ownership structure?

Could the unencumbered promoter holdings signal a move toward raising fresh equity or debt for future acquisitions?

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Om Freight FY26 net profit falls to ₹15.38 crore

1 min read     Updated on 30 May 2026, 09:57 AM
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Om Freight Forwarders reported a 29% decline in FY26 net profit to ₹15.38 crore, with revenue dipping to ₹476.92 crore. The board approved the audited results on May 27, 2026, and the company published the financial results in newspapers on May 29, 2026.

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Om Freight Forwarders reported a net profit of ₹15.38 crore for the financial year ended March 31, 2026, a decline from ₹21.65 crore in the previous year. Revenue from operations for FY26 stood at ₹476.92 crore, compared to ₹490.14 crore in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹4.05 crore on revenue of ₹149.54 crore. The company published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in newspapers on May 29, 2026, pursuant to Regulation 30 and 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Viren Gandhi & Co, issued an unmodified opinion on the financial results. The board also re-appointed M/s. Gala & Associates as the Internal Auditor for the financial year 2026-27.

The company recognized a loss of ₹3.63 crore in Other Comprehensive Income during the quarter. This loss relates to an investment in a Norway-based entity that divested its assets and remitted the first tranche of sale proceeds, which has been classified as an asset held for sale. The balance consideration is expected to be received in the forthcoming months.

Financial Performance (Standalone)

Metric FY26 (₹ crore) FY25 (₹ crore) Q4FY26 (₹ crore) Q4FY25 (₹ crore)
Revenue from Operations 476.92 490.14 149.54 123.38
Total Income 482.46 494.06 151.27 124.30
Total Expenses 461.74 464.89 145.81 115.14
Profit Before Tax 20.72 29.17 5.46 9.16
Net Profit 15.38 21.65 4.05 7.10
Basic EPS (INR) 4.70 6.79 1.20 2.23

The company's cash and cash equivalents increased to ₹35.82 crore as of March 31, 2026, from ₹17.86 crore in the previous year. This rise was primarily driven by net proceeds from the Initial Public Offering (IPO) of ₹21.67 crore. The IPO proceeds of ₹24.44 crore were raised through a fresh issue of 18,10,042 equity shares at a premium of ₹125 per share.

Historical Stock Returns for Om Freight Forwarders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%-0.90%-8.48%-9.35%-4.51%-4.51%

How does OM Freight Forwarders plan to utilize the increased cash reserves of ₹35.82 crore to reverse the decline in net profit?

What is the expected timeline and financial impact of receiving the balance consideration from the divested Norway-based entity?

Will the company pursue new acquisitions or expansion strategies using the IPO proceeds in the upcoming fiscal year?

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1 Year Returns:-4.51%