OMAX Auto

What OMAX Auto does

Omax Autos Limited (OMAX Auto) is a publicly listed Indian tier-1 manufacturer of sheet metal components serving the commercial vehicle, passenger car, and railway sectors. Founded in 1983 and listed on BSE and NSE since 1986 (BOM: 520021), the company operates from its corporate office in Gurugram (Haryana) and runs manufacturing facilities across Lucknow (chassis frames for Tata Motors, co-located in the Tata Vendor Park with 12,000 frames/month capacity), Raebareli (Long Member Plant and Railway Plant), Binola (ISO 9001:2016 railway components), Bangalore (precision machining), and Bawal. Core products include chassis assemblies, cross members, bumpers, side rails, steering shafts, axle shafts, hinges, LHB coach roofs/side walls/underframes, bogie frames, and complete electric loco shells. Manufacturing capabilities span stamping, robotic and CNC laser welding, roll-forming, machining, and surface treatment (ED coating, powder coating, auto phoretic, electro plating), supported by in-house tool rooms, metallurgical labs, and CAE-based product design.

OMAX generates revenue almost exclusively through B2B hardware sales under long-term supply contracts with a small set of large OEM and government customers — principally Tata Motors (just-in-time chassis frame supply), Indian Railways (LHB/EMU/metro coach components and electric loco shells), Hero MotoCorp, and Volvo Eicher. Pricing is quote-based and contractually negotiated rather than publicly disclosed; distribution is purely domestic India via direct sales to OEMs, with several plants deliberately co-located inside or adjacent to customer vendor parks. The company monetizes its engineering service stack (product design & validation using CATIA, UG-NX, HyperWorks; process engineering; tool design) as embedded capability supporting its hardware supply rather than as a standalone revenue line. FY26 reported sales of Rs 484.50 crore (up 31.21% YoY) with net profit of Rs 37.04 crore (up 71.88% YoY), and the company declared an interim dividend of Rs 2.5 per share.

Name

OMAX Auto

Legal name

Omax Autos Limited

Website

https://omaxauto.com

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Omax Autos Limited is an Indian tier-1 manufacturer of sheet metal auto components and railway coach assemblies, supplying chassis frames to Tata Motors (JIT, Lucknow vendor park), components to Indian Railways, and precision parts to Hero MotoCorp and Volvo Eicher from five manufacturing plants across India.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (336330)

SIC

Truck & Bus Bodies (3713), Railroad Equipment (3743)

akta.pro primary industry

Truck Body & Upfitting Manufacturing (Box Bodies/Service Bodies/Cranes/Liftgates) (IMACABAI)

akta.pro secondary industries

Bus Body & Coachbuilder / Bus Body Assembly (IMACADAH), Truck Cab & Chassis (Incomplete Vehicle) Manufacturing (IMACABAE)

Keywords

• Sheet metal auto components
• Commercial vehicle chassis frames
• Railway coach manufacturing
• Automotive tier-1 supplier
• Precision machining parts

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Auto Component Manufacturing: Manufacturing and supplying sheet metal components, frames, and assemblies to tier-1 OEMs in commercial vehicles, passenger cars, and railways. Revenue derived from long-term supply contracts with major manufacturers like Tata Motors, Hero MotoCorp, and Indian Railways.
2. Railway Component Manufacturing: Supplying fabricated components for Indian Railways including LHB coaches, EMU coaches, metro coaches, electric loco shells, and related sub-assemblies. Operating with dedicated railway manufacturing facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Omax Autos Limited manufactures and supplies sheet-metal components and assemblies for commercial vehicles (chassis frames, cross members, bumpers, side rails, body-in-white), passenger cars (steering shafts, axle shafts, hinges, oil pans), and railways (LHB/EMU/Metro coach components, electric locomotive shells, bogie frames, bio-toilets). It operates five+ dedicated manufacturing plants across India delivering tier-1 OEM supply contracts on a just-in-time basis, supported by in-house product design, validation and process-engineering services.

Product overview

OMAX Autos Limited is a tier-1 engineering manufacturer serving India's commercial vehicle, railway, and heavy fabrication sectors. The company operates a multi-segment product portfolio comprising: (1) Commercial Vehicle Components including Chassis Assembly, Cross Members, Bumpers, Side Rails, and Sub Structures; (2) Passenger Car Components including Steering Shafts, Axle Shafts, Hinges, and Oil Pan; (3) Railways & Heavy Fabrication products including LHB Coach components, Electric Loco Shell, and stainless steel assemblies; and (4) Manufacturing Services including Product Design & Validation (using CATIA, UG-NX, HyperWorks) and Process Engineering (stamping, welding, machining, surface treatment). The company runs five manufacturing facilities in Lucknow, Bawal, Binola, Bangalore, and Long Member Plant locations, supplying tier-1 OEMs including Tata Motors, Volvo Eicher, and Indian Railways. Future offerings include Commercial Vehicle Shock Absorbers and Bus Automatic Doors.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Vehicle Components Sheet metal components and assemblies for heavy and medium commercial vehicles, including Chassis Assembly, Cross Members, Bumpers, Cross Car Beam Sub Assembly, Fender Support Brackets, Side Rails and Sub Structures, supplied to tier-1 OEMs on a JIT basis.
• Passenger Car Components Precision-machined and sheet-metal components for passenger vehicles, including Steering Shafts, Axle Shafts, Trunk Hinges, Hood Hinges, Piston Rod, Air Cleaner Mounting Bracket and Oil Pan, primarily manufactured at the Bangalore plant.
• Railways and Heavy Fabrication Products Railway coach and locomotive components including LHB Coach Roof, Side Wall and Underframe, Bogie Frame, Vertical and Horizontal Dampers, Stainless Steel Benches, Bio-Toilets, Complete Electric Loco Shell and Diesel Locomotive components.
• Product Design and Validation Services In-house R&D services covering concept design, 3D modeling, packaging, GD&T, benchmarking and CAE simulation (structural, thermal, vibration, kinematics and CFD) using CATIA, UG-NX, Solid Edge, AutoCAD and HyperWorks.
• Process Engineering Services Comprehensive manufacturing process capabilities including tube processing, high/low-tonnage stamping, robotic welding, machining, surface treatment (ED, powder coating, auto phoretic, electroplating), roll forming, laser cutting, plasma cutting and tool engineering, supported by an in-house tool room and metallurgical lab.

Quantifiable outcome

• Q4FY26 profit jumped 3438.78% to Rs 17.34 crore from Rs 0.49 crore YoY
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Rico Auto Industries: Manufacturer of precision aluminum and ferrous components for automotive applications including commercial vehicles and passenger cars. Comparable as a tier-1 OEM supplier with similar focus on machined and structural components supplied to Indian and global OEMs.
• Krishna Maruti: Tier-1 sheet metal and seat assembly supplier to Maruti Suzuki and other passenger vehicle OEMs. Closely comparable to OMAX in sheet metal manufacturing for passenger car segments, including precision components like hinges and stamped assemblies.
• Bharat Forge: India's largest auto component manufacturer, supplying forged and machined components to commercial vehicle OEMs globally including heavy/medium trucks. Closely comparable to OMAX in commercial vehicle structural component manufacturing and OEM tier-1 supply model.
• Texmaco Rail & Engineering: Manufacturer of railway wagons, coaches, bridges, and structural components for Indian Railways. Directly comparable in heavy fabrication and railway component manufacturing with similar customer base and product overlap in loco shells and coach components.
• Titagarh Rail Systems: Manufacturer of railway rolling stock including passenger coaches, EMUs, metro coaches, and locomotives for Indian Railways and exports. Directly comparable in railway coach shell manufacturing, the same core capability OMAX operates from its Raebareli and Binola plants.
• Craftsman Automation: Precision engineering company producing automotive, industrial, and engineering products including aluminum die-casting, machining, and sub-assemblies. Directly comparable in tier-1 auto component supply with similar precision machining capabilities referenced in OMAX's Bangalore plant.
• Endurance Technologies: Indian tier-1 manufacturer of suspension, braking, transmission, and sheet metal components for two-wheelers, passenger vehicles, and commercial vehicles. Directly comparable in auto component manufacturing scale and OEM customer base, with overlapping product lines in steering and chassis components.

Broad incumbents

• BEML: Public sector manufacturer of railway coaches, locomotives, and defense equipment. Comparable as an Indian Railways supplier with broader portfolio but overlapping product lines in metro coaches, electric locomotives, and railway rolling stock that compete with OMAX's railway offerings.
• Motherson Sumi Systems: Diversified tier-1 auto component supplier to global OEMs across multiple product lines including sheet metal and polymer components. Comparable to OMAX as a tier-1 supplier but with broader global footprint and wider product portfolio across passenger and commercial vehicles.
• Sundaram Fasteners: TVS Group company manufacturing high-tensile fasteners and precision components for automotive and industrial applications. Comparable in tier-1 component supply to Indian OEMs with overlapping customer base in commercial vehicles and passenger cars.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/OmaxAutosltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OMAX Auto