Omnitech Engineering share price rises over 5% as Q3 profit climbs 173% to ₹22 crore

Omnitech Engineering share price: Shares of precision-engineered components manufacturer Omnitech Engineering Ltd rose as much as 5.24% to ₹230 apiece on the National Stock Exchange (NSE) on Monday, March 16, after the company released its latest set of numbers for the December quarter of the current fiscal year.

At 10 am, the stock was trading 1.98% higher at ₹222.86 apiece. Its market capital stood at ₹2,756.02 crore.

In an exchange filing, the company said that its consolidated net profit climbed 172.79% to ₹22.26 crore in the three months ended December 2025. Its post-tax profit stood at ₹8.16 crore in the year-ago period.

Its revenue from operations advanced 81.57% to ₹134.4 crore in the third quarter of FY26, compared to ₹74.02 crore in the corresponding period of the previous fiscal year.

Omnitech Engineering's stock had debuted at ₹202 apiece on the NSE, reflecting a discount of 11.01% against the IPO issue price of ₹227 per share.

The ₹583 crore initial public offering was a mix of a fresh issuance of shares aggregating to ₹418 crore and an offer for sale (OFS) component valued at ₹165 crore by promoter Udaykumar Arunkumar Parekh.

The funds are intended for debt repayment, setting up two new manufacturing facilities, funding capital expenditure needs and general corporate purposes.

The IPO was subscribed 1.14 times during the three-day bidding period.

Omnitech Engineering Ltd develops high-precision engineered components and supplies them to global customers across industries such as energy, industrial equipment systems, motion control & automation, and other diversified industrial applications.

Its clientele includes Oshkosh Aerotech, Suzlon, Lufkin Industries, Halliburton Energy Services, Donaldson Company, Oilgear, Weatherford, PUSH Industries and Bharat Aerospace Metals.