Is Omax Autos the Best Stock in Its Sector? A Look at the Numbers
- October 5, 2026
- Posted by: Kunal Singla
- Category: Market
Omax Autos CMP Rs 200 (05 Oct 2026). Market cap Rs 433 Cr. ROE 10.68%. P/E 10.70x versus Industry P/E 44.93x.
Quick Answer
Omax Autos is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 10.68% return on equity and a P/E of 10.70x against an Industry P/E of 44.93x. Whether Omax Autos is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Automobile & Ancillaries sector peers, so you can judge that for yourself.
Is Omax Autos the best stock in its sector? The stock trades on the NSE at Rs 200 as of 05 October 2026, within its 52-week range of Rs 84.50 to Rs 263.40. Omax Autos Ltd manufactures sheet metal components and assemblies for two-wheeler and other automotive OEMs.
Omax Autos sits in the Automobile & Ancillaries sector, and its 10.68% ROE and 10.70x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Omax Autos
Omax Autos Ltd manufactures sheet metal components and assemblies for two-wheeler and other automotive OEMs. The stock is trading in the upper half of its 52-week range after more than doubling from its 52-week low. At a market capitalisation of Rs 433 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.
Is Omax Autos the Best Stock in Its Sector?
Omax Autos makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 10.68% ROE with a 10.70x P/E against the sector’s 44.93x Industry P/E. Omax Autos’ 10.70x P/E is far below the 44.93x Industry P/E despite a 10.68% ROE, though the benchmark is skewed by richer names and the stock has more than doubled from its 52-week low.
| Metric | Omax Autos |
|---|---|
| CMP (NSE) | Rs 200.14 |
| 52-Week High / Low | Rs 263.40 / Rs 84.50 |
| Market Cap | Rs 433 Cr |
| P/E (TTM) vs Industry P/E | 10.70x vs 44.93x |
| P/B | 1.25 |
| ROE | 10.68% |
| EPS (TTM) | Rs 18.94 |
| Dividend Yield | 1.23% |
| Debt to Equity | 0.15 |
Compare Omax Autos Against Other Automobile & Ancillaries Sector Stocks
How Omax Autos Compares Against Its Automobile & Ancillaries Sector Peers
The table below sets Omax Autos against 2 other Automobile & Ancillaries sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Omax Autos | 433 | 10.70 | 10.68% | 0.15 |
| Ndr Auto Components | 1,708 | 26.32 | 17.32% | 0.17 |
| Munjal Auto Industries | 1,118 | 20.18 | 7.74% | 0.95 |
| Peer average (2 companies) | – | 23.25 | 12.53% | 0.56 |
Against this peer set, Omax Autos’s 10.68% ROE is below the 12.53% peer average, and its P/E of 10.70x runs below the peer average of 23.25x. Omax Autos’ 10.70x P/E is far below the 44.93x Industry P/E despite a 10.68% ROE, though the benchmark is skewed by richer names and the stock has more than doubled from its 52-week low.
What Makes Omax Autos Worth Watching in Automobile & Ancillaries
- Well below Industry P/E: A 10.70x P/E against a 44.93x Industry P/E is a wide discount, though that benchmark is skewed by richer auto ancillary names.
- Solid ROE, low leverage: A 10.68% ROE alongside a debt to equity ratio of 0.15 reflects a reasonably efficient, well-capitalised business.
- Dividend yield: A 1.23% dividend yield adds a modest income component.
Omax Autos Valuation: Is It Justified?
Omax Autos’ 10.70x P/E is far below the 44.93x Industry P/E despite a 10.68% ROE, though the benchmark is skewed by richer names and the stock has more than doubled from its 52-week low. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Nelcast the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Omax Autos and other Automobile & Ancillaries sector stocks.
How to Track Omax Autos Before You Invest
Before deciding whether Omax Autos deserves its label as the best stock in its sector for your own portfolio, compare it directly against Automobile & Ancillaries sector peers using the steps below.
- Open the Univest Screener and search for Omax Autos to view live price, valuation ratios, and peer comparisons within the Automobile & Ancillaries sector.
- Compare its P/E, P/B, and ROE against other Automobile & Ancillaries sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Omax Autos earns a place in the best stock in its sector conversation on the strength of a 10.68% ROE and a P/E of 10.70x against a 44.93x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Omax Autos the best stock in its sector?
Ans. Omax Autos has a 10.68% ROE and trades at 10.70x P/E against a 44.93x Industry P/E, and compares below the peer average ROE of 12.53% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Omax Autos?
Ans. Omax Autos was trading at Rs 200.14 on the NSE as of 05 October 2026, within its 52-week range of Rs 84.50 to Rs 263.40.
What sector does Omax Autos belong to?
Ans. Omax Autos is classified under the Automobile & Ancillaries sector on Univest.
How does Omax Autos compare to its sector peers on P/E?
Ans. Omax Autos’s P/E of 10.70x is below the 23.25x average of the 2 named peers compared in this article.
What is Omax Autos’s return on equity?
Ans. Omax Autos reported a return on equity of 10.68%, which is below the 12.53% average of its named peers in this comparison.
Should I invest in Omax Autos based on its sector position?
Ans. Omax Autos’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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