Omega Interactive Technologies Limited

BSE: 511644 | Ticker: OMEGAIN Artificial Intelligence | Enterprise Technology | Digital Infrastructure Coverage Update: AUG 2026 Report ID: SI-OITL-2026-002 Exchange: BSE Limited ISIN: INE113B01037
Turnaround story | AI focus
Price Target: ₹150 (12–18 months)

Executive Summary

Omega Interactive Technologies Limited has reported a significant turnaround in FY2025–26, transitioning from minimal operations to a profitable technology-focused business. The Company recorded ₹149.25 crore in revenue, ₹13.00 crore in operating profit and ₹9.03 crore in net profit during the financial year.

Q1 FY27 Performance: The company's momentum has continued into the new fiscal year. For the quarter ended June 30, 2026, Omega reported revenue of ₹78.35 crore, a 272% increase year-over-year, and a net profit of ₹5.00 crore, up 126% from the same period last year [citation:4][citation:1].

Fund Raise Approved: On August 20, 2026, the Board of Directors approved a proposal to raise funds of up to ₹200 crore through the issuance of equity shares. This follows the initial proposal and is subject to shareholder approval, with final terms to be determined at a subsequent board meeting [citation:2][citation:8].

The Company has informed the stock exchange that the funds are intended to support expansion in Artificial Intelligence (AI), cloud infrastructure, data centres, research & development, strategic acquisitions and working capital.

Investment Snapshot

ExchangeBSE
BSE Code511644
ISININE113B01037
SectorInformation Technology
FY26 Revenue₹149.25 Cr
FY26 EBITDA (Operating Profit)₹13.00 Cr
FY26 PAT₹9.03 Cr
EPS (FY26)₹3.48
Q1 FY27 Revenue₹78.35 Cr (▲ 272% YoY)
Q1 FY27 Net Profit₹5.00 Cr (▲ 126% YoY)

Why Omega is Attracting Attention

  • 📈 Significant Financial Turnaround – Substantial increase in operational scale during FY25–26 with improved profitability.
  • 🤖 Artificial Intelligence Strategy – Board will consider investments in:
    • ✔ AI Development Centres
    • ✔ AI Infrastructure
    • ✔ Cloud Computing Platforms
    • ✔ Data Centres
    • ✔ Research & Development
    • ✔ Strategic Acquisitions
    • ✔ Working Capital
    (subject to approvals)

Proposed Capital Raise Approved by Board

The Board of Directors has approved a proposal to raise up to ₹200 crore through the issuance of equity shares [citation:2][citation:8].

The fund-raising plan is subject to shareholder approval. The issue size, price, number of shares, and the utilization of funds will be finalized at a subsequent board meeting [citation:2].

Potential methods include:

  • Qualified Institutional Placement (QIP)
  • Preferential Issue
  • Rights Issue
  • Private Placement
  • Convertible Warrants
  • Convertible Securities

*Subject to shareholder and regulatory approvals.

FY2025–26 Financial Highlights

ParticularFY26
Revenue₹149.25 Cr
Operating Profit₹13.00 Cr
Profit Before Tax₹12.07 Cr
Net Profit₹9.03 Cr
Earnings Per Share₹3.48

Q1 FY27 Performance (Jun '26)

ParticularQ1 FY27YoY Change
Revenue₹78.35 Cr▲ 272%
Net Profit₹5.00 Cr▲ 126%
Net Profit Margin6.38%-

Observation: The company reported strong year-over-year growth, with revenue jumping nearly fourfold compared to ₹21.04 Cr in Q1 FY26 [citation:4].

Quarterly Business Momentum

QuarterRevenue
Q1 FY26₹21.04 Cr
Q2 FY26₹19.45 Cr
Q3 FY26₹37.78 Cr
Q4 FY26₹70.99 Cr
Q1 FY27₹78.35 Cr

Observation: Revenue continues to accelerate, with Q1 FY27 marking a new high for quarterly turnover.

Business Growth Drivers

  • 🧠 AI & Digital Transformation – Strengthen capabilities in AI and enterprise tech.
  • ☁ Cloud Infrastructure – Proposed investment to support future initiatives.
  • 🏢 AI Development Centres – Development of AI-focused facilities as part of fund utilisation.
  • 🔬 Research & Innovation – Investment in R&D and product development.
  • 🤝 Strategic Expansion – Board will consider investments and acquisitions.

Strengths

  • ✅ Strong turnaround in revenue and profitability.
  • ✅ Positive earnings after a period of limited operations.
  • ✅ Sequential quarterly growth during FY26 and continued momentum in Q1 FY27.
  • ✅ Technology-focused strategic direction.
  • ✅ Board approval for capital raise to support business expansion.

Key Risks

  • ⚠ Execution of AI and technology initiatives.
  • ⚠ Successful completion of the proposed capital raising (subject to shareholder approval).
  • ⚠ Competitive dynamics within the technology sector.
  • ⚠ Dependence on effective deployment of growth capital.
  • ⚠ General macroeconomic and equity market conditions.

Independent View

Omega Interactive Technologies Limited has demonstrated a meaningful operational turnaround, supported by audited financial performance and an expanding strategic focus on technology and AI. The company's robust Q1 FY27 results, which saw revenue grow 272% YoY to ₹78.35 crore and net profit rise 126% to ₹5.00 crore, indicate that the business momentum is accelerating [citation:4].

The Board's approval of the ₹200 crore fund raise is a significant step forward, suggesting the company is preparing to scale its operations and invest in strategic growth areas. The successful execution of these initiatives and the completion of the proposed fund raise will be important factors in determining future business performance [citation:2].

Price Target (12-18 months): ₹150

Quick Facts

ExchangeBSE
Scrip Code511644
SectorInformation Technology
FY26 Revenue₹149.25 Cr
FY26 PAT₹9.03 Cr
EPS (FY26)₹3.48
Q1 FY27 Revenue₹78.35 Cr
Q1 FY27 PAT₹5.00 Cr
Proposed Fund RaiseUp to ₹200 Cr (Approved by Board, subject to shareholder approval)
Technology FocusAI • Cloud • Digital Infrastructure

*Subject to shareholder and regulatory approvals.

Watch List

  • Final terms of the fund raise (issue size, price, number of shares) to be decided at a subsequent board meeting.
  • Progress on AI development centres and technology investments.
  • Future quarterly financial performance.
  • Any announcements regarding strategic collaborations or acquisitions.

Disclaimer

This document has been prepared solely for informational purposes using publicly available information, including audited financial statements, quarterly results, and disclosures made to BSE Limited. It is not investment research under the SEBI (Research Analysts) Regulations, 2014, and should not be construed as investment advice, a recommendation, or a solicitation to buy or sell securities. Any discussion of future initiatives relates only to proposals disclosed by the Company and remains subject to Board, shareholder and regulatory approvals. Investors should conduct their own independent due diligence and consult professional advisers before making investment decisions.