Om Infra Limited reported a consolidated net profit of ₹12 crore for the first quarter of FY27, reversing a net loss of ₹1 crore in the same period last year. The infrastructure firm’s revenue grew 19% year-on-year to ₹124 crore, supported by improved operational execution and easing payment cycles in key states.

The company also announced significant order pipeline developments, securing the lowest bidder (L1) status for two major EPC water infrastructure projects valued at over ₹1,051 crore combined. These include the Andheri Medium Irrigation Project in Rajasthan and the Mohmela Sirpur Barrage Project in Chhattisgarh.

Financial Performance

Consolidated revenue reached ₹124 crore in Q1FY27, up from ₹104 crore in Q1FY26. EBITDA turned positive at ₹10 crore (8% margin), compared to an EBITDA loss of ₹7 crore (-1% margin) in the prior year quarter. Profit before tax (PBT) stood at ₹8 crore, versus a loss of ₹1.4 crore previously.

Standalone results mirrored this improvement, with net profit rising to ₹12 crore from ₹1 crore in Q1FY26. Standalone revenue increased 21% to ₹121 crore, with EBITDA margins expanding to 9% from 1%.

What the Numbers Show

The profitability recovery was driven by operational efficiency rather than one-off gains. Total expenses grew only 9% (₹114 crore) against a 19% revenue increase, indicating effective cost control. Additionally, finance costs declined 10% to ₹4 crore, reducing drag on bottom-line growth. Other income fell 40% to ₹3 crore, confirming that the profit turnaround stems primarily from core operational improvements and margin expansion.

Order Book and Strategic Wins

As of June 30, 2026, Om Infra’s outstanding order book stood at ₹2,014.91 crore. The Jal Jeevan Mission (JJM) segment dominates with ₹1,346 crore (67% of the book), while Hydro & Water projects account for ₹668 crore.

Key strategic updates include:

• L1 Status: Secured for Andheri Medium Irrigation Project (₹482.27 crore) and Mohmela Sirpur Barrage Project (₹568.98 crore).
• Credit Rating Upgrade: Infometrics upgraded bank loan facilities to IVR BBB-/Stable (long-term) and IVR A3 (short-term), improving upon previous CARE ratings.
• Order Target: Management targets an overall order inflow of ₹1,500 crore for FY27.

Operational Highlights

The company initiated water storage at the Isarda Dam on July 30, 2025, marking a key milestone for the ₹615.17 crore project. This phase-one capacity of 3.24 TMC is expected to benefit over 3 crore people across 13 districts in Rajasthan.

Om Infra highlighted easing payment situations due to fund allocation revivals in Uttar Pradesh and Rajasthan, totaling ₹27,000 crore. The company noted that pending payment issues related to Jal Jeevan Mission projects are progressively being resolved.

Outlook

For FY27, Om Infra has provided revenue guidance of ₹700–750 crore and an EBITDA margin target of 7–8%. The company expects continued tailwinds from the government’s ₹84,000+ crore water sector outlay and the suspension of the Indus Water Treaty, which may accelerate hydroelectric project development in bordering regions.

Om Infra Limited has scheduled its 54th Annual General Meeting (AGM) for Saturday, September 12, 2026, at 12:30 pm IST via Video Conferencing or Other Audio-Visual Means. The meeting will address ordinary business, including the adoption of audited financial statements for FY26, and special business concerning auditor appointments and related-party transactions.

The Board of Directors has recommended a final dividend of ₹0.50 per equity share for the financial year ended March 31, 2026. If approved by shareholders, the dividend will be paid on or before October 11, 2026, to members whose names appear in the register as of the record date, Friday, September 4, 2026. Tax Deducted at Source (TDS) will be applicable as per the Income Tax Act, 1961.

Auditor Appointments

Shareholders will be asked to ratify the casual vacancy appointment of M/s Khandelwal Badaya & Co., Chartered Accountants (FRN: 016506C), which was made by the Board following the resignation of previous auditors M/s Ravi Sharma & Co. The Board further proposes appointing M/s Khandelwal Badaya & Co as statutory auditors for a term of five consecutive years, from the conclusion of this AGM until the conclusion of the 59th AGM in 2031.

Additionally, the Board seeks ratification for the remuneration of M/s M. Goyal & Co., Cost Accountants, appointed to conduct the cost audit for FY27. The approved remuneration is ₹30,000 plus applicable Goods and Services Tax and reimbursement of out-of-pocket expenses.

Related-Party Transactions

A significant portion of the special business involves approving related-party transactions (RPTs) with four joint ventures for FY27 and FY28. These transactions involve the supply of services and job work for infrastructure projects, including water supply and power house constructions. The proposed transaction values are substantial relative to the company’s turnover.

The total value of these proposed transactions amounts to ₹672 crore. The Audit Committee has reviewed these transactions and confirmed they are conducted at arm's length in the ordinary course of business. Promoters and promoter group entities are required to abstain from voting on this resolution.

Director Re-appointment

Shri Dharam Prakash Kothari, Chairman, retires by rotation and offers himself for re-appointment. He has been with the company since October 1, 1994, and holds a Bachelor Degree in Engineering. He currently holds 4,858,346 shares in the company.

Meeting Logistics

Remote e-voting will commence on Tuesday, September 8, 2026, at 9:00 am and conclude on Friday, September 11, 2026, at 5:00 pm. Members holding shares as of the cut-off date can vote via the NSDL e-voting system. Physical proxies are not available for this virtual meeting. The notice and annual report were dispatched electronically on August 19, 2026.