Osel Devices FY26 profit rises to ₹2,924.50 lakh
Osel Devices Limited reported a net profit of ₹2,924.50 lakh for the financial year ended March 31, 2026, compared to ₹2,005.27 lakh in the previous year. Total income increased to ₹29,457.18 lakh from ₹18,660 lakh in FY25. The Board approved the grant of 1,60,000 ESOPs and re-appointed internal auditors.

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Osel Devices Limited reported a net profit of ₹2,924.50 lakh for the financial year ended March 31, 2026, an increase from ₹2,005.27 lakh in the previous year. Total income for the year stood at ₹29,457.18 lakh, compared to ₹18,660 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results for the half and full year on May 29, 2026. The statutory auditors, M/s. Kumar Samantaray & Associates, issued an unmodified opinion on the results.
The Board approved the grant of 1,60,000 fresh stock options to eligible employees under the Osel Devices Employee Stock Option Plan 2026 at an exercise price of ₹10 per option. These options will vest over a period of one year from the date of grant. Additionally, the company re-appointed M/s. Anoop R Chandra & Co as Internal Auditors for FY27 and appointed Mr. Ajay Thakur as Independent Advisor (Corporate Compliance & Investor Management) effective June 1, 2026.
The company confirmed there was no deviation in the utilization of proceeds from its Initial Public Offer or the preferential issue of fully convertible warrants and equity shares. The registered office of the company will shift to a new address within the same jurisdiction effective June 1, 2026. The audited financial statements will be available on the National Stock Exchange of India Limited and the company's website.
Key Financial Metrics (Standalone)
| Metric | Year Ended March 31, 2026 (₹ in Lakhs) | Year Ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Total Income | 29,457.18 | 18,660.00 |
| Total Expenses | 25,031.41 | 15,763.77 |
| Profit Before Tax | 4,425.77 | 2,896.30 |
| Net Profit | 2,924.50 | 2,005.27 |
| Earnings Per Share (Basic) | 11.56 | 14.31 |
ESOP Grant Details
| Particulars | Details |
|---|---|
| Options Granted | 1,60,000 |
| Exercise Price | ₹10 per option |
| Vesting Period | 1 Year from date of grant |
Historical Stock Returns for Osel Devices
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.78% | -4.97% | -12.62% | -38.10% | +73.84% | +137.00% |
What factors drove the significant 58% year-over-year revenue growth, and can this momentum be sustained in FY27?
Despite the rise in total net profit, why did the Basic Earnings Per Share decrease from ₹14.31 to ₹11.56?
How will the newly appointed Independent Advisor influence the company's corporate compliance and investor management strategies moving forward?




























