OMEGA INTERACTIVE TECHNOLOGIES LTD

EXECUTIVE SUMMARY

Omega Interactive Technologies Ltd. (“Omega”) is a BSE-listed Indian IT company that has recently demonstrated a turnaround in financial performance, marked by improving revenues and a return to profitability. While the company currently operates at a micro-cap scale, its lean structure provides significant operating leverage.

This equity research report evaluates a proposed strategic initiative, Project OMEORA, envisaged as a large-scale Artificial Intelligence (AI) development and delivery ecosystem in partnership with Oracle Corporation, a global enterprise technology leader. Under the proposed structure, Omega is expected to hold a 25% economic stake in the project.

Project OMEORA aims to establish 500 AI development centers in Gujarat, targeting USD 500 million in annual revenue, of which USD 125 million would accrue to Omega. Successful execution of this initiative could materially transform Omega’s earnings profile, valuation, and long-term strategic positioning.

INDUSTRY OVERVIEW – AI & ENTERPRISE TECHNOLOGY

Artificial Intelligence has become a core driver of enterprise digital transformation worldwide. Enterprises are increasingly adopting AI to enhance automation, predictive analytics, optimization, and decision-making across industries including BFSI, healthcare, manufacturing, logistics, and retail.

India is well positioned as a global AI delivery hub due to:

• Availability of skilled engineering talent
• Cost-efficient development ecosystem
• Strong digital infrastructure
• Supportive government and state-level policies

Gujarat offers an investment-friendly environment supported by industrial infrastructure and policy stability, making it suitable for large-scale technology initiatives.

COMPANY OVERVIEW – OMEGA INTERACTIVE TECHNOLOGIES LTD.

Business Background

Omega Interactive Technologies Ltd. operates in the IT services and software development space. Historically a small-scale player, the company has recently stabilized operations and improved its financial performance.

Financial Performance Overview

• Turnaround from losses to profitability
• Improving revenue trend from a low base
• Low leverage and manageable cost structure
• Enhanced operational discipline

Although current revenues remain modest, the turnaround indicates improved execution capability.

Valuation Metrics (Indicative)

• P/E Ratio: ~20–26x
• ROE / ROCE: Improving but currently moderate
• Balance Sheet: Low debt profile

COMPANY OVERVIEW – ORACLE CORPORATION

Oracle Corporation is a global leader in enterprise technology solutions with core strengths in:

• Database management systems
• Cloud infrastructure (Oracle Cloud Infrastructure – OCI)
• Enterprise applications
• Artificial Intelligence and data platforms

Oracle’s global strategy emphasizes partner-led AI and cloud deployments, particularly in high-growth markets such as India.

OMEORA PROJECT – STRATEGIC OVERVIEW

Project Concept (Forward-Looking)

Project Name: OMEORA

Nature: AI Development & Delivery Ecosystem

Location: Gujarat, India

Scale: 500 AI development centers

Target Launch: September 2026

Partnership Structure (Assumptive)

• Oracle: AI platforms, cloud infrastructure, enterprise ecosystem
• Omega: Project execution, delivery, and operations
• Omega Economic Interest: 25%

BUSINESS MODEL & REVENUE STREAMS

The OMEORA project is expected to generate revenue through:

• Enterprise AI application development
• AI model customization and deployment
• Cloud-based AI services
• Managed AI and support services
• Long-term enterprise contracts

This model emphasizes scalable and recurring revenue streams.

Key Risks

• Partnership non-materialization
• Execution and scalability challenges
• Funding and regulatory risks
• High volatility due to micro-cap status