Osel Devices to host investor meet on June 17

0 min read     Updated on 15 Jun 2026, 09:59 PM
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Osel Devices Limited will hold a virtual one-to-one investor meeting on June 17, 2026, at 05:00 PM IST, organized by Tata Investment Corporation Limited. Managing Director Mr. Rajendra Ravi Shanker Mishra will represent the company. The firm confirmed that no unpublished price sensitive information will be disclosed during the event.

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Osel Devices Limited is scheduled to host a virtual one-to-one investor meeting on June 17, 2026, at 05:00 PM IST. The session is organized by Tata Investment Corporation Limited and will feature Mr. Rajendra Ravi Shanker Mishra, Managing Director of Osel Devices, as the company representative.

The company stated that the schedule is subject to change. It further clarified that no unpublished price sensitive information will be shared with analysts or investors during the meeting. Presentations made during the session will align with materials already available on the company's and stock exchange's websites.

Date of the meeting Meeting Organized by Meeting Type Meeting Mode Location Time
Wednesday, June 17, 2026 Tata Investment Corporation Limited One-to-one Meeting Virtual/Online Meeting NA 05:00 PM

The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Osel Devices

1 Day5 Days1 Month6 Months1 Year5 Years
+4.08%-0.88%-8.13%-19.94%+78.97%+130.82%

What strategic initiatives does Osel Devices plan to prioritize in the upcoming fiscal year?

How might the involvement of Tata Investment Corporation influence Osel Devices' future partnerships or funding opportunities?

What are the expected market trends for Osel Devices' sector, and how is the company positioning itself to capitalize on them?

Osel Devices FY26 net profit rises 45.7% to ₹29.2 crore

2 min read     Updated on 09 Jun 2026, 06:15 AM
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Osel Devices Limited reported a 45.7% rise in net profit to ₹29.2 crore for FY26, with revenue growing 56.9% to ₹292.7 crore. The company corrected its EPS figures and approved an ESOP grant. It also re-appointed internal auditors and shifted its registered office.

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Osel Devices Limited reported a net profit of ₹29.2 crore for the financial year ended March 31, 2026, an increase of 45.7% from ₹20.05 crore in the previous year. Revenue from operations grew 56.9% to ₹292.7 crore, compared to ₹186.6 crore in FY25. The company’s EBITDA stood at ₹53.3 crore, with a margin of 18.2%, while profit after tax recorded a margin of 10.0%. The Board of Directors approved the audited standalone and consolidated financial results on May 29, 2026.

The company operates across three verticals: LED displays, hearing aids, and mobile phones. Hearing aids contributed approximately 42% of the revenue, while LED displays and mobile phones accounted for around 41% and 17%, respectively. Osel Devices also reported exports of approximately ₹23 crore for FY26. The statutory auditors, M/s. Kumar Samantaray & Associates, issued an unmodified opinion on the results.

Subsequently, the company identified a typographical error in the Earnings Per Share (EPS) figures disclosed in the initial filing. For the year ended March 31, 2026, the Basic EPS was corrected to 17.16 from the erroneously mentioned 11.56, while the Diluted EPS was revised to 17.01 from 11.56. For the half year ended March 31, 2026, the Basic EPS was corrected to 7.89 and Diluted EPS to 7.74.

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 and the investor presentation are available on the National Stock Exchange of India Limited and the company's website.

Key Financial Metrics (Consolidated)

Metric Year Ended March 31, 2026 (₹ in Lacs) Year Ended March 31, 2025 (₹ in Lacs)
Revenue from Operations 2,927.00 1,866.00
EBITDA 533.00 333.96
Profit After Tax 292.00 200.50
Earnings Per Share (Basic) 17.16 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 Day5 Days1 Month6 Months1 Year5 Years
+4.08%-0.88%-8.13%-19.94%+78.97%+130.82%

What strategies will Osel Devices employ to further expand its export market beyond the current ₹23 crore?

How does the company plan to sustain the 56.9% revenue growth rate amidst potential market saturation in the LED and mobile phone sectors?

Will the significant contribution of hearing aids to revenue drive increased R&D investment in this vertical?

More News on Osel Devices

1 Year Returns:+78.97%