Om Infra Limited reported a standalone net profit of ₹1,183.11 lakh for Q1FY26, marking a substantial turnaround from the ₹99.06 lakh profit recorded in the corresponding period of FY25. The company's revenue from operations increased by 21% year-on-year to ₹12,070.81 lakh, reflecting improved execution momentum in its core infrastructure projects. EBITDA stood at ₹111 million against ₹13 million in the year-ago period, with EBITDA margin expanding significantly to 9.01% from 1.26% YoY. This financial improvement comes as the company secures new order visibility, having emerged as the L1 bidder for dam and water infrastructure projects worth approximately ₹1,050 crore in Chhattisgarh and Rajasthan.

The Board of Directors approved the unaudited financial results on August 11, 2026. The results were reviewed by the statutory auditors, Khandelwal Badaya & Co., pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. However, the limited review report carries qualifications: the auditors could not verify inventory quantities stored across dispersed geographical sites and noted that interim financial results for two joint operations were unavailable, with only audited balance sheet figures as of March 31, 2026, being included.

Financial Performance Overview

The company's total income stood at ₹12,336.42 lakh, comprising ₹12,070.81 lakh from operations and ₹265.61 lakh from other income. Total expenses were ₹11,504.04 lakh, including finance costs of ₹438.87 lakh and employee benefits of ₹1,110.33 lakh. Profit before tax was ₹832.38 lakh. A significant deferred tax benefit of ₹350.86 lakh contributed to the bottom line, resulting in a net profit attributable to owners of the parent company of ₹1,183.11 lakh. Basic earnings per share (EPS) were ₹1.23, compared to ₹0.06 in Q1FY25.

The following table summarises the key financial metrics across comparable periods:

Segment-Wise Analysis

The engineering segment remained the primary driver of profitability, reporting a segment result of ₹1,259.57 lakh before tax and interest, up from ₹569.34 lakh in Q1FY25. Segment revenue for engineering was ₹11,933.37 lakh. In contrast, the real estate segment reported a marginal profit of ₹11.68 lakh, recovering from a loss of ₹39.88 lakh in the previous year. Consolidated revenue from operations was ₹12,436.61 lakh, with consolidated net profit at ₹1,145.36 lakh.

Operational Updates and Auditor Qualifications

Management highlighted that fund flows under Jal Jeevan Mission (JJM) projects in Rajasthan and Uttar Pradesh have commenced, albeit slower than anticipated, with execution expected to gain momentum in the current quarter. The debt equity ratio improved to 0.02 from 0.03 in the previous year. However, investors should note the qualified nature of the audit review. Khandelwal Badaya & Co. stated they were unable to verify inventory quantities due to volume and dispersion issues. Additionally, the interim results for two joint operations—SPML-OM Metals (JV) Ujjain and Omil-JV Shahpurkhandi—were not made available, limiting the scope of the review for these entities.

Om Infra Limited has emerged as the lowest bidder (L1) for a water resource project valued at ₹482.27 crore in Rajasthan. The project, awarded by the Water Resource Department (WRD), involves the construction of a dam and the development of a pressurized irrigation network under the Andheri Medium Irrigation Project in Baran District. This development underscores the company's capabilities in executing complex civil engineering and micro-irrigation systems.

Project Details

The scope of work encompasses survey, design, construction, operation, and maintenance of the dam and a piped network canal system. The project is located in Chhabra Tehsil, Baran District, and will be executed on an EPC turnkey basis. The implementation aims to introduce efficient water management through pressurized distribution, solar power, and SCADA automation.

Key Bid Information

The official Letter of Intent (LOI) is pending the completion of WRD's internal processes and procedures. Management expressed optimism regarding the project, highlighting its potential to bring sustainable water management to nearly 10,000 hectares of farmland in Rajasthan.