Om Infra Limited (OMINFRAL) AI Stock Analysis

• Market Cap: ₹7.48B
• Dividend Yield: 0.39%
• Average Volume (3M): 37.53K
• Price to Earnings (P/E): 29.3
• Beta (1Y): 1.76
• Revenue Growth: -45.35%
• EPS Growth: -0.88%
• Country: IN
• Employees: 850
• Sector: Real Estate
• Sector Strength: 53
• Industry: Engineering & Construction
• EPS (TTM): 0.73
• Shares Outstanding: 96,303,810
• 10 Day Avg. Volume: 23,194
• 30 Day Avg. Volume: 37,527
• PEG Ratio: -1.38
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 1.67
• P/FCF Ratio: 315.98
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: ₹75.00 ▼(-23.62% Downside)

The score is held back primarily by weak technicals (price below all key moving averages with negative MACD and very weak momentum). Financial performance is mixed—strong gross margin and low leverage help, but thin net profitability and weak cash flow conversion are key constraints. Valuation provides limited support given a relatively high P/E and low dividend yield.

Positive Factors

High gross margin

A 51% gross margin reflects strong cost control or pricing power on manufactured and engineered products. This durable margin buffer supports project-level profitability across contracts and cushions operating results against raw material or input-price swings over the medium term.

Conservative leverage and equity buffer

Very low gearing and a >50% equity ratio give financial flexibility to absorb project delays, fund working capital, or invest selectively without stressing solvency. This capital structure reduces refinancing risk and supports sustainability through project cycles.

Specialized water/irrigation engineering franchise

Focused capability across hydro‑mechanical equipment, fabrication and onsite erection creates a niche value chain with higher entry barriers. Strong alignment with public-sector water projects supports steady structural demand and repeatable long-term contract opportunities.

Negative Factors

Weak cash conversion

Very low OCF-to-net-income and negative FCF growth indicate difficulty converting accounting profits into usable cash. This constrains reinvestment, increases reliance on external financing for capex or working capital, and raises execution risk on multi‑year projects.

Severe revenue decline and inconsistency

A ~45% reported revenue drop and historical inconsistency point to volatile order flow or execution timing. For an EPC/manufacturing firm, such swings reduce predictability of margins, scale benefits and cash generation, complicating long‑term planning and investment.

Thin net profitability and modest ROE

Low net and EBIT margins alongside a sub‑5% ROE signal limited ability to convert revenue into shareholder returns. This constrains retained earnings for growth and suggests operating or SG&A pressures that could persist absent structural improvements in contract terms or overhead efficiency.

Om Infra Limited Business Overview & Revenue Model

Company Description

Om Infra Limited engages in the design, engineering, manufacture, supply, installation, testing, and commissioning of hydro mechanical equipment for hydroelectric power and irrigation projects in India and internationally. The company operates through Engineering, Real Estate, and Other segments. It offers radial gates, vertical gates, stop log gates, draft tube gates, steel liners, penstocks and pressure shaft liners, trash racks, trash rack cleaning machines, various cranes, gantry cranes, mechanical and hydraulic hoists, lifting arrangements, steel bridges and walkways, electrical control and automation systems, and SCADA systems. The company also provides engineering services, including transport and logistics for equipment; installation, testing, and commissioning; long term and short term operation and maintenance contracts; manpower training; on site mechanical maintenance contracts for various components; repair and refurbishment works for power plants; and redesign/overhaul and replacements works for equipment. In addition, it builds residential and commercial units; and undertakes infrastructure projects, such as special economic zones and sea ports. Further, the company provides steel fabrication services; and undertakes canal and dams projects. Additionally, it constructs and operates food grain silos; constructs smart cities; and manufactures plastic closures for bottles used in the water, food, and beverages industries, as well as engages in the hostel and other related activities. The company was formerly known as Om Metals Infraprojects Limited and changed its name to Om Infra Limited in January 2021. Om Infra Limited was incorporated in 1971 and is based in Jaipur, India.

How the Company Makes Money

Om Infra Limited generates revenue primarily through its EPC contracts, where it undertakes large-scale infrastructure projects for government and private sector clients. The company earns money by charging for the design, construction, and management of these projects, which typically involve road construction, water infrastructure development, and urban development initiatives. Key revenue streams include fixed-price contracts, cost-plus contracts, and performance-based payments. Additionally, OMINFRAL may collaborate with government bodies and other private firms through joint ventures, enhancing its project capabilities and expanding its market reach, which can lead to increased revenues. The company may also benefit from long-term maintenance contracts and service agreements related to completed infrastructure projects.

Om Infra Limited Financial Statement Overview

Summary

Financials are mixed: strong gross margin (51.28%) and conservative leverage (debt-to-equity 0.10) support stability, but low net margin (5.04%), modest ROE (4.81%), inconsistent revenue trends, and weak cash conversion (operating cash flow to net income 0.16) limit the score.

Income Statement

Om Infra Limited shows a mixed income statement performance. The gross profit margin for 2025 is 51.28%, indicating strong cost management. However, the net profit margin is 5.04%, which is weaker and suggests challenges in controlling other operating expenses. Revenue growth has been inconsistent, with significant fluctuations over the years. Despite the volatility, the EBIT margin of 2.05% and EBITDA margin of 7.98% reflect some profitability, albeit with room for improvement.

Balance Sheet

The balance sheet of Om Infra Limited shows a reasonable structure with a debt-to-equity ratio of 0.10, indicating conservative leverage. The return on equity stands at 4.81%, suggesting moderate efficiency in using shareholder equity to generate profits. The equity ratio is 52.42%, demonstrating a solid buffer of equity over total assets. However, stagnant growth in stockholders' equity could be a concern regarding future expansion capabilities.

Cash Flow

Cash flow analysis reveals a challenging scenario. The free cash flow growth rate has been negative in recent years, indicating potential issues in generating sufficient cash post capital expenditures. The operating cash flow to net income ratio of 0.16 suggests weak cash conversion efficiency. However, the free cash flow to net income ratio is 0.10, showing some capability to generate free cash relative to income, but still requires attention.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.48B	7.13B	11.14B	7.99B	3.12B	2.36B
Gross Profit	3.27B	3.65B	1.14B	996.57M	1.14B	1.06B
EBITDA	418.04M	568.76M	1.09B	671.33M	405.54M	489.78M
Net Income	223.78M	359.02M	471.59M	128.73M	264.67M	88.94M
Balance Sheet
Total Assets	0.00	14.23B	14.56B	15.40B	11.99B	11.74B
Cash, Cash Equivalents and Short-Term Investments	850.26M	1.25B	822.86M	755.62M	444.22M	484.62M
Total Debt	0.00	711.08M	910.09M	1.49B	1.40B	1.33B
Total Liabilities	-7.92B	6.31B	6.87B	8.11B	5.38B	5.45B
Stockholders Equity	7.92B	7.46B	7.23B	6.83B	6.61B	6.27B
Cash Flow
Free Cash Flow	0.00	37.66M	448.20M	-3.46B	187.48M	140.11M
Operating Cash Flow	0.00	58.02M	610.98M	253.21M	187.60M	169.84M
Investing Cash Flow	0.00	429.17M	14.09M	-2.85B	205.69M	145.64M
Financing Cash Flow	0.00	-438.25M	-880.31M	2.77B	-381.12M	-256.74M

Om Infra Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 98.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OMINFRAL, the sentiment is Neutral. The current price of 98.19 is above the 20-day moving average (MA) of 80.52, above the 50-day MA of 93.30, and below the 200-day MA of 113.60, indicating a neutral trend. The MACD of -4.71 indicates Negative momentum. The RSI at 45.69 is Neutral, neither overbought nor oversold. The STOCH value of 78.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:OMINFRAL.

Om Infra Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HOMEFIRST	67 Neutral	₹117.72B	22.79	―	0.33%	31.75%	21.70%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
MARATHON	64 Neutral	₹33.96B	12.21	―	0.19%	-21.43%	18.96%
GPTINFRA	61 Neutral	₹12.87B	14.35	―	1.80%	15.97%	28.83%
OMINFRAL	56 Neutral	₹7.48B	29.32	―	0.39%	-45.35%	-0.88%
ABINFRA	56 Neutral	₹11.59B	55.10	―	0.03%	―	―
AURUM	50 Neutral	₹13.39B	-58.22	―	―	16.23%	29.20%

Om Infra Limited Corporate Events

NHPC Terminates Om Infra’s Dibang Hydro-Mechanical Contracts Citing Site Delays

Om Infra Limited has disclosed that significant developments have occurred in relation to two contracts it had been awarded by NHPC Limited for hydro-mechanical works on the 2,880 MW Dibang Multipurpose Project in Arunachal Pradesh. NHPC has terminated both contracts for Lot-5B package works covering intake and draft tube gates and hoists, citing delayed work fronts due to prevailing site conditions and invoking termination for the employer’s convenience, while confirming that Om Infra’s performance securities for these contracts will be discharged. The cancellation removes a sizable order book component worth nearly Rs 200 crore for Om Infra, potentially affecting its near-term project pipeline and revenue visibility from this flagship hydropower project, though the company remains positioned as a qualified participant for future NHPC tenders.