Om Freight Forwarders Ltd (OMFREIGHT)

📊 Quarterly Results (₹ Cr)

The company has demonstrated accelerating financial momentum, with revenue growing from ₹94 crores in Jun 2025 to ₹193 crores in Jun 2026, and PAT rising from ₹3 crores to ₹7 crores over the same period. Margins have improved steadily, with EBITDA margin expanding to 5.84% in Q1FY27 from prior levels, reflecting operational efficiency gains. This growth is not seasonal but structural, supported by rising project cargo volumes and scalable operations. The consistent upward trend in revenue and profitability aligns with management’s stated focus on capability expansion and market penetration.

🔮 Management Outlook & What's Next

Management has consistently emphasized strengthening project cargo capabilities and expanding client solutions as key growth levers. In the Q1FY27 results filing (August 14, 2026), they reaffirmed this strategic focus, indicating sustained investment in service offerings and infrastructure to capture demand. No formal long-term guidance was provided, but the tone was confident, underpinned by strong order book visibility and improving margins. The reopening of the insider trading window and AGM scheduling also suggest increased shareholder engagement and governance maturity.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

The balance sheet shows a healthy capital structure with low leverage (D/E of 0.16 as of March 2026) and growing equity base, rising from ₹32 crores to ₹34 crores in equity reserves between March 2025 and 2026. Total assets have expanded from ₹312 crores to ₹384 crores, indicating successful asset deployment. Notably, financing cash flows turned positive with ₹36.28 crores inflow in FY26, largely from ₹21.67 crores IPO proceeds, while operating cash flow remained volatile but net cash impact was neutral. This suggests disciplined capital use without excessive debt accumulation.

💰 Cash Flow Statement (₹ Cr)

👥 Shareholding Pattern

Institutional interest is rising, with FII holding increasing from 0.29% in Q1FY27 to 0.52% in Q4FY26 and peaking at 2.76% in Q3FY26, while DII holdings have remained stable around 0.67%. Promoter holding remains steady at 74.86% over recent quarters, indicating no dilution or stake sales. The growing number of public shareholders (from 16.72% to 17.9% public holding) and rising institutional participation suggest increasing market confidence, though the float remains small.

⚖️ Peer Comparison — Logistics

🔗 Peer Stock Analyses

⚠️ Risk Factors

1. Overreliance on project cargo demand makes the company vulnerable to sector-specific slowdowns or macroeconomic volatility in infrastructure. 2. Margins, while improving, remain low (3.78% PAT margin in Q1FY27), leaving limited buffer against cost inflation or competitive pricing pressure. 3. The company’s small size and concentrated promoter holding (74.86%) could limit liquidity and increase governance scrutiny. 4. Volatile operating cash flows, as seen in FY25 (net outflow of ₹6 crores), raise concerns about working capital management during growth phases.

📋 Recent Filings

• Announcement2026-09-28Om Freight Forwarders Ltd announced the closure of its insider trading window effective October 1, 2026, ahead of unaudited financial results approval…
• 🟡 Board Meeting2026-09-25On September 24, 2026, shareholders at the 31% Annual General Meeting approved the reappointment of Mr. Sanjiv Prabhashankar Joshi and Mr. Kamesh Rahu…
• 🟡 Board Meeting2026-09-24Om Freight Forwarders held its 31st AGM on September 24, 2026 via video conference, confirming quorum and appointing Mr. Harmesh R. Joshi as AGM Chair…
• 🟡 Board Meeting2026-09-02Om Freight Forwarders Ltd announced its 31st AGM on September 24, 2026, via video conferencing, with voting open from September 21–23. Shareholders mu…
• 🔴 annual report2026-09-02Om Freight Forwarders Limited announced its 31st Annual General Meeting will be held on September 24, 2026 at 11:00 A.M. IST via video conferencing, a…
• 🔴 annual report2026-09-02Om Freight Forwarders Ltd (OMFREIGHT) reported standalone revenue of Rs 476.92 crores and consolidated revenue of Rs 490.14 crores for FY2025-26, with…
• 🔴 Financial Results2026-08-14Om Freight Forwarders reported Q1FY27 revenue of **₹193.35 crores**, up 105% YoY, with PAT rising 126% to **₹7.30 crores** and EBITDA up 104% to **₹11…
• 🔴 Financial Results2026-08-13Om Freight Forwarders Limited reported unaudited standalone revenue of ₹195.28 crores for Q1 FY2026, up from ₹151.27 crores in Q4 FY2026 and ₹95.99 cr…
• 🟡 Board Meeting2026-08-13The board approved unaudited Q1 FY26 results showing revenue of **₹195.28 crores**, net profit of **₹7.07 crores**, and EPS of **₹2.10**, while reappo…
• Announcement2026-08-11Om Freight Forwarders Limited announced it is initiating the process to change the flag and re-register its vessel MV Bharadwaj from the Indian flag t…

🧠 Analyst's Read

Om Freight Forwarders is executing a clear growth trajectory with strong top-line momentum and improving profitability, supported by strategic investments in project cargo and client solutions. Investors should monitor order book trends, margin sustainability, and the pace of capability expansion in the coming quarters to assess whether the current growth phase can be sustained without margin compression or capital intensity.

Based on filing content and financial data. Not a recommendation.