Omax Autos Limited Announces Resignation of Internal Auditor M/s. Singhi Chugh & Kumar

1 min read     Updated on 27 Jan 2026, 07:51 PM
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Overview

Omax Autos Limited has disclosed the resignation of internal auditor M/s. Singhi Chugh & Kumar, Chartered Accountants (Firm Registration No. 013613N), effective January 14, 2026. The Board of Directors acknowledged the resignation during their January 27, 2026 meeting. The firm was appointed as internal auditor for Financial Year 2025-26. The company has fulfilled its regulatory obligations by informing NSE and BSE under SEBI LODR Regulations and related circulars.

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*this image is generated using AI for illustrative purposes only.

Omax autos Limited has announced the resignation of its internal auditor M/s. Singhi Chugh & Kumar, Chartered Accountants, in compliance with regulatory disclosure requirements. The company informed both the National Stock Exchange and BSE about this corporate governance change through an official communication dated January 27, 2026.

Board Meeting and Resignation Details

The Board of Directors of Omax Autos Limited took note of the resignation during their meeting held on January 27, 2026. The resignation was submitted by M/s. Singhi Chugh & Kumar, who held the Firm Registration Number 013613N and were serving as the company's internal auditors for the Financial Year 2025-26.

Parameter Details
Internal Auditor Name M/s. Singhi Chugh & Kumar, Chartered Accountants
Firm Registration Number 013613N
Reason for Change Resignation
Date of Resignation January 14, 2026
Board Meeting Date January 27, 2026

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced compliance with SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023, and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Communication to Stock Exchanges

The formal intimation was sent to both major Indian stock exchanges where the company's shares are listed. Company Secretary and Compliance Officer Kannu Sharma signed the disclosure document, ensuring proper corporate governance protocols were followed. The company requested both exchanges to take the resignation information on record as part of standard listing compliance procedures.

Historical Stock Returns for Omax Autos

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+1.34%-5.30%-9.53%-12.62%+87.39%

OMAX Autos Q3FY26 Net Profit Surges 326% to ₹1,222.13 Lakhs on Strong Revenue Growth

2 min read     Updated on 27 Jan 2026, 04:40 PM
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Overview

OMAX Autos Limited reported exceptional Q3FY26 results with net profit surging 326.26% to ₹1,222.13 lakhs and revenue growing 32.39% to ₹12,217.18 lakhs. For nine months FY26, revenue increased 21.57% to ₹31,008.86 lakhs. The Board approved M/s. T S A Business Advisors Private Limited as Internal Auditors for Q4FY26. The company demonstrated strong operational efficiency and improved financial management during the quarter.

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Omax autos Limited has announced exceptional financial results for the third quarter of FY2026, demonstrating remarkable growth across key performance metrics. The company's Board of Directors approved the unaudited financial statements for the quarter and nine months ended December 31, 2025, in their meeting held on January 27, 2026.

Outstanding Q3FY26 Financial Performance

The company delivered stellar results in Q3FY26, with significant improvements across all major financial parameters. Net profit witnessed an exceptional surge, while revenue from operations showed robust double-digit growth, reflecting strong operational efficiency and market demand.

Financial Metric Q3FY26 Q3FY25 Growth (%)
Revenue from Operations ₹12,217.18 lakhs ₹9,227.57 lakhs +32.39%
Total Income ₹13,191.56 lakhs ₹9,761.43 lakhs +35.14%
Net Profit ₹1,222.13 lakhs ₹286.68 lakhs +326.26%
Basic EPS ₹5.71 ₹1.34 +326.12%

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, OMAX Autos maintained strong momentum with consistent growth across operational metrics. The company's revenue from operations reached ₹31,008.86 lakhs compared to ₹25,505.97 lakhs in the corresponding period of the previous year, marking a growth of 21.57%.

Parameter 9M FY26 9M FY25 Change (%)
Revenue from Operations ₹31,008.86 lakhs ₹25,505.97 lakhs +21.57%
Total Income ₹33,796.05 lakhs ₹27,369.53 lakhs +23.48%
Net Profit ₹1,969.68 lakhs ₹2,105.49 lakhs -6.45%
Basic EPS ₹9.21 ₹9.85 -6.50%

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency during Q3FY26. Cost of material consumed increased proportionally with revenue growth, reaching ₹9,639.21 lakhs compared to ₹7,056.70 lakhs in Q3FY25. Finance costs showed a declining trend, dropping to ₹379.72 lakhs from ₹491.20 lakhs year-on-year, indicating better financial management.

Employee benefits expense for the quarter stood at ₹615.64 lakhs, while depreciation and amortization expense was ₹441.00 lakhs. The company maintained disciplined cost control across various expense categories, contributing to improved profitability margins.

Corporate Governance and Appointments

The Board of Directors approved the appointment of M/s. T S A Business Advisors Private Limited as Internal Auditors for the fourth quarter of financial year 2025-26. The appointment was made based on the recommendation of the Audit Committee during the board meeting held on January 27, 2026.

Appointment Details Information
Auditor Name M/s. T S A Business Advisors Private Limited
Appointment Date January 27, 2026
Period Q4 FY2026
Role Internal Auditors

T S A Business Advisors Private Limited, originally established as Tarun Subhash Arora & Co. in 2012, is a distinguished Chartered Accountancy firm offering comprehensive professional financial and advisory services including tax advisory, internal audit, and business strategy solutions.

Business Operations and Outlook

OMAX Autos Limited operates primarily in manufacturing sheet metal components and assemblies for various customers within the geographical area of India. The company maintains a focused business model with no reportable operating or geographical segments. As of December 31, 2025, the company does not have any associate, joint venture, or subsidiary companies, maintaining a streamlined operational structure.

Historical Stock Returns for Omax Autos

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+1.34%-5.30%-9.53%-12.62%+87.39%

More News on Omax Autos

1 Year Returns:-12.62%