Omnipotent Industries narrows FY26 loss as revenue drops to zero

2 min read     Updated on 18 Jul 2026, 04:04 PM
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Riya DScanX News Team
AI Summary

Omnipotent Industries Limited reported a narrowed net loss of ₹39.76 lakh for FY26, compared to ₹424.60 lakh in the previous year, while revenue from operations fell to zero from ₹2013.48 lakh. Total expenses decreased significantly to ₹37.76 lakh. The Board approved the audited standalone financial results on July 17, 2026, and appointed Mr. Himesh Solanki as Company Secretary and Compliance Officer. The company also notified shareholders of a SEBI-initiated special window for re-lodging physical share transfer deeds from February 05, 2026, to February 04, 2027.

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Omnipotent Industries Limited reported a net loss of ₹39.76 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹424.60 lakh in the prior year. The company recorded zero revenue from operations for FY26, compared to ₹2013.48 lakh in the previous year, while total income stood at ₹0.43 lakh. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on July 17, 2026.

The statutory auditor, M/s. Motilal & Associates LLP, issued an audit report with an unmodified opinion on the financial results. The report confirms that the results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provide a true and fair view in conformity with Indian Accounting Standards. The auditor noted that the results are based on interim financial statements and should be read in conjunction with the audited financial statements for the year ended March 31, 2026.

Financial Performance

The company’s total expenses for FY26 decreased to ₹37.76 lakh from ₹2452.35 lakh in the previous year. Employee benefit expenses for the year were ₹10.47 lakh, while other expenses stood at ₹27.29 lakh. Depreciation and amortization expenses were nil for the year, compared to ₹39.63 lakh in FY25. The basic and diluted earnings per share (EPS) for FY26 was reported at a loss of ₹0.66, an improvement from the loss of ₹7.02 per share in the previous year.

The following table summarizes the audited standalone financial results for the year ended March 31, 2026:

Particulars Year Ended 31.03.26 (Audited) Year Ended 31.03.25 (Audited)
Revenue from Operations 0 2013.48
Other Income 0.43 11.12
Total Income 0.43 2024.60
Total Expenses 37.76 2452.35
Profit before tax (39.76) (427.76)
Net Profit / (Loss) (39.76) (424.60)

Board Appointments and Disclosures

The Board appointed Mr. Himesh Solanki as the Company Secretary and Compliance Officer of the company effective July 17, 2026. The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Solanki brings experience in corporate governance and secretarial practices to the role.

Additionally, the company informed shareholders about a special window initiated by SEBI for the re-lodgement of physical share transfer deeds. This window is effective from February 05, 2026, to February 04, 2027. Securities re-lodged during this period will be issued only in demat mode and will be subject to a lock-in period of one year from the date of registration of transfer.

Historical Stock Returns for Omnipotent Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.82%-11.40%-4.37%-50.82%-69.02%-97.44%

What strategic initiatives does Omnipotent Industries plan to implement to restart revenue generation after recording zero operations in FY26?

With expenses significantly reduced, is the company positioned to reach profitability once operational activities resume?

How will the appointment of Mr. Himesh Solanki impact the company's corporate governance and compliance standards moving forward?

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Omnipotent Industries accepts resignation of Company Secretary

1 min read     Updated on 14 Jul 2026, 10:45 PM
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Ashish TScanX News Team
AI Summary

Omnipotent Industries Limited accepted the resignation of Aman Patel as Company Secretary and Compliance Officer effective July 14, 2026. Patel resigned to pursue better career opportunities, and the company acknowledged his contributions. The firm will complete necessary statutory compliances, including filings with the Registrar of Companies.

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Omnipotent Industries Limited has accepted the resignation of Aman Patel from the position of Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on July 14, 2026, as Patel steps down to pursue better career opportunities. The company confirmed the development in a regulatory filing submitted to BSE Limited.

Resignation Details

The resignation was submitted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Patel, who holds Membership No. 79254, tendered his resignation with immediate effect. The Board of Directors accepted and acknowledged the resignation on the same date.

Regulatory Compliance

Omnipotent Industries stated that all necessary statutory compliances would be completed. This includes the filing of the requisite e-Form with the Registrar of Companies and making other regulatory intimations wherever applicable. The company placed on record its sincere appreciation for the valuable contributions made by Patel during his tenure.

The following table summarizes the key details of the resignation:

Particulars Details
Name of the Director / KMP Mr. Aman Patel
Designation Company Secretary
Reason for Resignation For pursuing better career opportunity
Date of Cessation July 14, 2026
Brief profile Not Applicable

Historical Stock Returns for Omnipotent Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.82%-11.40%-4.37%-50.82%-69.02%-97.44%

Who will be appointed as the interim or permanent replacement for Aman Patel?

How might this leadership transition impact Omnipotent Industries' ongoing compliance processes?

Is the departure of the Compliance Officer indicative of potential strategic shifts within the company?

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1 Year Returns:-69.02%