- Markets
- Real Estate
- OMAXE
OMAXE
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Summary
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Recent events
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News
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Corporate Actions
Omaxe Ltd Says BeTogether To Modernize Six Bus Terminals In Uttar Pradesh
March 7 (Reuters) - Omaxe Ltd OMAX.NS:
BETOGETHER TO MODERNIZE SIX BUS TERMINALS IN UTTAR PRADESH
PROJECTS EXPECTED TO GENERATE OVER 47 BILLION RUPEES IN REVENUE
TOTAL INVESTMENT OF AROUND 27 BILLION RUPEES FOR THE PROJECTS
Source text: ID:nBSE6QxcZS
Further company coverage: OMAX.NS
(([email protected];;))
March 7 (Reuters) - Omaxe Ltd OMAX.NS:
BETOGETHER TO MODERNIZE SIX BUS TERMINALS IN UTTAR PRADESH
PROJECTS EXPECTED TO GENERATE OVER 47 BILLION RUPEES IN REVENUE
TOTAL INVESTMENT OF AROUND 27 BILLION RUPEES FOR THE PROJECTS
Source text: ID:nBSE6QxcZS
Further company coverage: OMAX.NS
(([email protected];;))
India's Omaxe drops as third-quarter loss widens
** Shares of Omaxe OMAX.NS falls 5% to 86.3 rupees
** The real estate developer posts a wider loss of 1.51 bln rupees in third quarter from a loss of 668.9 mln rupees year ago
** Rev falls ~52% y/y
** Stock eyes third straight session of losses
** Stock rose ~47% in 2024
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Omaxe OMAX.NS falls 5% to 86.3 rupees
** The real estate developer posts a wider loss of 1.51 bln rupees in third quarter from a loss of 668.9 mln rupees year ago
** Rev falls ~52% y/y
** Stock eyes third straight session of losses
** Stock rose ~47% in 2024
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Omaxe Sept-Qtr Consol Net Loss 2.4 Bln Rupees
Nov 14 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE SEPT-QUARTER CONSOL NET LOSS 2.4 BILLION RUPEES
OMAXE SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.89 BILLION RUPEES
Source text: ID:nBSE52Pdlw
Further company coverage: OMAX.NS
(([email protected];;))
Nov 14 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE SEPT-QUARTER CONSOL NET LOSS 2.4 BILLION RUPEES
OMAXE SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.89 BILLION RUPEES
Source text: ID:nBSE52Pdlw
Further company coverage: OMAX.NS
(([email protected];;))
India's Omaxe rises after tribunal stalls regulator's market ban on co
** Shares of Omaxe Ltd OMAX.NS rise as much as 5%, the exchange-allowed upper limit, to 114.71 rupees
** Real estate co says Securities Appellate Tribunal (SAT) grants stay on final order passed by India markets regulator against co, chairman and others for alleged irregularities in financial statements
** Adds, SEBI had restricted co, others from accessing securities market; SAT stay order enables OMAX to raise capital, continue business ops as usual
** Stock on track to snap six weeks of losses
** OMAX gains 53.2% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Omaxe Ltd OMAX.NS rise as much as 5%, the exchange-allowed upper limit, to 114.71 rupees
** Real estate co says Securities Appellate Tribunal (SAT) grants stay on final order passed by India markets regulator against co, chairman and others for alleged irregularities in financial statements
** Adds, SEBI had restricted co, others from accessing securities market; SAT stay order enables OMAX to raise capital, continue business ops as usual
** Stock on track to snap six weeks of losses
** OMAX gains 53.2% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Omaxe Says SAT Granted Stay On SEBI Order Against Co, Its Chairman, Others
Oct 7 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE - SECURITIES APPELLATE TRIBUNAL GRANTED STAY ON SEBI ORDER AGAINST CO, ITS CHAIRMAN, OTHERS
OMAXE LTD - ORDER ENABLES CO TO RAISE CAPITAL, CONTINUE BUSINESS OPERATIONS AS USUAL
Source text for Eikon: ID:nNSE6gW6XH
Further company coverage: OMAX.NS
(([email protected];))
Oct 7 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE - SECURITIES APPELLATE TRIBUNAL GRANTED STAY ON SEBI ORDER AGAINST CO, ITS CHAIRMAN, OTHERS
OMAXE LTD - ORDER ENABLES CO TO RAISE CAPITAL, CONTINUE BUSINESS OPERATIONS AS USUAL
Source text for Eikon: ID:nNSE6gW6XH
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Says Co Acquired 3.3 Million Shares Of Inditrade Capital
June 3 (Reuters) - Omaxe Ltd OMAX.NS:
CO ACQUIRED 3.3 MILLION SHARES OF INDITRADE CAPITAL
Source text for Eikon: ID:nNSE4dTVNc
Further company coverage: OMAX.NS
(([email protected];))
June 3 (Reuters) - Omaxe Ltd OMAX.NS:
CO ACQUIRED 3.3 MILLION SHARES OF INDITRADE CAPITAL
Source text for Eikon: ID:nNSE4dTVNc
Further company coverage: OMAX.NS
(([email protected];))
India's Omaxe rises on deal to build integrated sports facility
** Shares of India's Omaxe OMAX.NS up 4.22%, cooling off from session-high 7.8% jump
** Real estate co to build a multi-sports facility, with a retail, and hospitality hub for about 15 bln rupees (~$180 mln)
** OMAX expects rev of around 25 bln rupees through sale of retail units
** Stock set to gain for third straight session; trading vols 2x 30-day avg
** YTD stock has jumped over 41% after a ~2% rise in 2023
($1 = 83.2310 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Omaxe OMAX.NS up 4.22%, cooling off from session-high 7.8% jump
** Real estate co to build a multi-sports facility, with a retail, and hospitality hub for about 15 bln rupees (~$180 mln)
** OMAX expects rev of around 25 bln rupees through sale of retail units
** Stock set to gain for third straight session; trading vols 2x 30-day avg
** YTD stock has jumped over 41% after a ~2% rise in 2023
($1 = 83.2310 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Omaxe Says Unit To Develop Integrated Multi-Sports Stadium, Retail And Hospitality Hub In Delhi
April 8 (Reuters) - Omaxe Ltd OMAX.NS:
UNIT TO DEVELOP INTEGRATED MULTI-SPORTS STADIUM, RETAIL AND HOSPITALITY HUB IN DELHI FOR AROUND 15 BILLION RUPEES
EXPECTING REVENUE OF AROUND 25 BILLION RUPEES THROUGH SALE OF RETAIL UNITS
Source text for Eikon: ID:nBSE16K5Zr
Further company coverage: OMAX.NS
(([email protected];))
April 8 (Reuters) - Omaxe Ltd OMAX.NS:
UNIT TO DEVELOP INTEGRATED MULTI-SPORTS STADIUM, RETAIL AND HOSPITALITY HUB IN DELHI FOR AROUND 15 BILLION RUPEES
EXPECTING REVENUE OF AROUND 25 BILLION RUPEES THROUGH SALE OF RETAIL UNITS
Source text for Eikon: ID:nBSE16K5Zr
Further company coverage: OMAX.NS
(([email protected];))
India's Omaxe hits upper circuit on $46 mln contract win
** Shares of Omaxe OMAX.NS up 10%, hitting upper circuit at 111.4 rupees
** Shares mark biggest intraday pct gain since mid-Oct 2023
** Real estate developer wins contract worth about 3.85 billion rupees ($46.4 million) from Uttar Pradesh State Road Transport Corporation
** Stock rose ~2% in 2023, snapping a 5-year losing streak
($1 = 82.9860 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Omaxe OMAX.NS up 10%, hitting upper circuit at 111.4 rupees
** Shares mark biggest intraday pct gain since mid-Oct 2023
** Real estate developer wins contract worth about 3.85 billion rupees ($46.4 million) from Uttar Pradesh State Road Transport Corporation
** Stock rose ~2% in 2023, snapping a 5-year losing streak
($1 = 82.9860 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Omaxe Dec-Quarter Consol Net Loss Narrows
Feb 9 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE DEC-QUARTER CONSOL NET LOSS 668.9 MILLION RUPEES VERSUS LOSS 1.06 BILLION RUPEES
OMAXE LTD - RE-APPOINTS MOHIT GOEL AS MD
OMAXE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.99 BILLION RUPEES VERSUS 2.44 BILLION RUPEES
Source text for Eikon: ID:nNSE89m8VP
Further company coverage: OMAX.NS
(([email protected];))
Feb 9 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE DEC-QUARTER CONSOL NET LOSS 668.9 MILLION RUPEES VERSUS LOSS 1.06 BILLION RUPEES
OMAXE LTD - RE-APPOINTS MOHIT GOEL AS MD
OMAXE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.99 BILLION RUPEES VERSUS 2.44 BILLION RUPEES
Source text for Eikon: ID:nNSE89m8VP
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Unit Repaid Entire Loan Facility Of 4.40 Billion Rupees
Jan 11 (Reuters) - Omaxe Ltd OMAX.NS:
UNIT REPAID ENTIRE LOAN FACILITY OF 4.40 BILLION RUPEES
Source text for Eikon: ID:nNSEc09wpC
Further company coverage: OMAX.NS
(([email protected];))
Jan 11 (Reuters) - Omaxe Ltd OMAX.NS:
UNIT REPAID ENTIRE LOAN FACILITY OF 4.40 BILLION RUPEES
Source text for Eikon: ID:nNSEc09wpC
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Says Co Further Acquired Remaining 25% Equity Shares In Unit Omaxe World Street
Dec 7 (Reuters) - Omaxe Ltd OMAX.NS:
CO FURTHER ACQUIRED REMAINING 25% EQUITY SHARES IN UNIT OMAXE WORLD STREET
Source text for Eikon: ID:nBSE93P5J8
Further company coverage: OMAX.NS
(([email protected];))
Dec 7 (Reuters) - Omaxe Ltd OMAX.NS:
CO FURTHER ACQUIRED REMAINING 25% EQUITY SHARES IN UNIT OMAXE WORLD STREET
Source text for Eikon: ID:nBSE93P5J8
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Says Further Acquired Remaining 25% Equity Shares In Units Namely PP Devcon And Sri Balaji Green Heights
Dec 5 (Reuters) - Omaxe Ltd OMAX.NS:
FURTHER ACQUIRED REMAINING 25% EQUITY SHARES IN UNITS NAMELY PP DEVCON AND SRI BALAJI GREEN HEIGHTS
Source text for Eikon: ID:nBSEbXsJb2
Further company coverage: OMAX.NS
(([email protected];))
Dec 5 (Reuters) - Omaxe Ltd OMAX.NS:
FURTHER ACQUIRED REMAINING 25% EQUITY SHARES IN UNITS NAMELY PP DEVCON AND SRI BALAJI GREEN HEIGHTS
Source text for Eikon: ID:nBSEbXsJb2
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Acquires 75% Of Equity Share Capital Of Associate Co FBD Real Grow
Dec 1 (Reuters) - Omaxe Ltd OMAX.NS:
ACQUIRED 75% OF EQUITY SHARE CAPITAL OF ASSOCIATE CO FBD REAL GROW
ALSO ACQUIRED 90,000, 12% FULLY CONVERTIBLE DEBENTURES 100% OF DEBENTURES OF FBD
FBD DEBENTURES DEAL FOR 90 MILLION RUPEES
Source text for Eikon: ID:nBSE9ggNVY
Further company coverage: OMAX.NS
(([email protected];))
Dec 1 (Reuters) - Omaxe Ltd OMAX.NS:
ACQUIRED 75% OF EQUITY SHARE CAPITAL OF ASSOCIATE CO FBD REAL GROW
ALSO ACQUIRED 90,000, 12% FULLY CONVERTIBLE DEBENTURES 100% OF DEBENTURES OF FBD
FBD DEBENTURES DEAL FOR 90 MILLION RUPEES
Source text for Eikon: ID:nBSE9ggNVY
Further company coverage: OMAX.NS
(([email protected];))
Omaxe Ltd June-Quarter Consol Net Loss 1.06 Billion Rupees
Aug 10 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE LTD JUNE-QUARTER CONSOL NET LOSS 1.06 BILLION RUPEES VERSUS LOSS 489.7 MILLION RUPEES
OMAXE LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.13 BILLION RUPEES VERSUS 1.21 BILLION RUPEES
Source text for Eikon: ID:nBSE5BCVQP
Further company coverage: OMAX.NS
(([email protected];))
Aug 10 (Reuters) - Omaxe Ltd OMAX.NS:
OMAXE LTD JUNE-QUARTER CONSOL NET LOSS 1.06 BILLION RUPEES VERSUS LOSS 489.7 MILLION RUPEES
OMAXE LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.13 BILLION RUPEES VERSUS 1.21 BILLION RUPEES
Source text for Eikon: ID:nBSE5BCVQP
Further company coverage: OMAX.NS
(([email protected];))
India's Omaxe March-Quarter Consol Net Loss Widens
May 26 (Reuters) - Omaxe Ltd OMAX.NS:
INDIA'S OMAXE LTD MARCH-QUARTER CONSOL NET LOSS 1.05 BILLION RUPEES VERSUS LOSS 392.8 MILLION RUPEES
OMAXE LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.89 BILLION RUPEES VERSUS 1.68 BILLION RUPEES
Further company coverage: OMAX.NS
(([email protected];))
May 26 (Reuters) - Omaxe Ltd OMAX.NS:
INDIA'S OMAXE LTD MARCH-QUARTER CONSOL NET LOSS 1.05 BILLION RUPEES VERSUS LOSS 392.8 MILLION RUPEES
OMAXE LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.89 BILLION RUPEES VERSUS 1.68 BILLION RUPEES
Further company coverage: OMAX.NS
(([email protected];))
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Popular questions
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What does Omaxe do?
Omaxe, a prominent real estate company in India, has been operating in the sector since 2001. They are listed on both BSE and NSE, known for luxury and affordable projects, and emphasize social responsibility through CSR efforts.
Who are the competitors of Omaxe?
Omaxe major competitors are Elpro International, Kesar India, Shriram Properties, Oswal Agro Mills, Texmaco Infra, Aurum Proptech, Unitech. Market Cap of Omaxe is ₹1,443 Crs. While the median market cap of its peers are ₹1,369 Crs.
Is Omaxe financially stable compared to its competitors?
Omaxe seems to be less financially stable compared to its competitors. Altman Z score of Omaxe is 0.14 and is ranked 7 out of its 8 competitors.
Does Omaxe pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Omaxe latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Omaxe allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Omaxe balance sheet?
Omaxe balance sheet is weak and might have solvency issues
Is the profitablity of Omaxe improving?
No, profit is decreasing. The profit of Omaxe is -₹680.24 Crs for TTM, -₹402.6 Crs for Mar 2024 and -₹347.91 Crs for Mar 2023.
Is the debt of Omaxe increasing or decreasing?
Yes, The debt of Omaxe is increasing. Latest debt of Omaxe is ₹52.72 Crs as of Sep-24. This is greater than Mar-24 when it was -₹323.74 Crs.
Is Omaxe stock expensive?
There is insufficient historical data to gauge this. Latest PE of Omaxe is 0
Has the share price of Omaxe grown faster than its competition?
Omaxe has given lower returns compared to its competitors. Omaxe has grown at ~21.52% over the last 2yrs while peers have grown at a median rate of 34.7%
Is the promoter bullish about Omaxe?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Omaxe is 74.14% and last quarter promoter holding is 74.14%.
Are mutual funds buying/selling Omaxe?
There is Insufficient data to gauge this.