OBSC Perfection
Current Price
₹369.2
Market Cap
₹954 Cr
Anglian Omega Group precision engineering SME, scaling auto → defense + Tesla EV
Report updated: 2026-05-20
OBSC Perfection
Precision engineering SME — Anglian Omega Group spinout, scaling from auto into defense and Tesla EV via Plant-IV. H1 FY26 Revenue Rs.90.3 Cr (+32%), PAT Rs.10.5 Cr (+44%). Order book Rs.1,200+ Cr (4.1x in 8 months). MD-guided 35-40% YoY growth. Tesla via TACO trial runs started; defense 10% mix FY26 going to 20% in 2 years; forging Unit-V Pune live with Rs.70-80 Cr annual revenue at 5x asset turn on Rs.15 Cr capex. CMP Rs.369 / mkt cap Rs.954 Cr. Listed NSE Emerge 29-Oct-2024 at Rs.100, IPO size Rs.66 Cr.
Rs.369.20
Share price (18 May 2026)
Rs.954 Cr
Market cap
Rs.90.3 Cr
H1 FY26 revenue (+32% YoY)
Rs.10.51 Cr
H1 FY26 PAT (+44% YoY)
Rs.142.8 Cr
FY25 revenue from operations
69.81%
Promoter holding (Mar-26)
Stock Funda Summary
- OBSC Perfection Limited (NSE SME: OBSCP) is a precision engineering company founded in 2017 as a collaboration between the OBSC and Omega Bright Steel families — both part of the Anglian Omega Group's 50+ year engineering legacy.
- IPO'd on NSE Emerge 29-Oct-2024 at Rs.100 (Rs.66 Cr issue).
- Seven manufacturing facilities (Pune + Chennai) covering hot forging + cold forging + CNC machining + stamping + surface treatment + investment casting.
- H1 FY26 best half ever: Rev Rs.90.3 Cr (+32% YoY), PAT Rs.10.51 Cr (+44%).
- Order book exploded 4.1x in 8 months: Rs.290 Cr (Mar-25) → Rs.1,200+ Cr (Nov-25).
- MD Saksham Leekha's explicit 35-40% YoY revenue guidance at Nuvama Emerging Themes Conclave (~Feb-Apr 2026).
- Tesla EV order confirmed — Plant-IV dedicated, trial runs started, parts supplied via Tata TACO.
- Defense scaling 49.9% CAGR FY23-FY25 (Rs.20 Cr FY26 guide, 20% mix by FY28).
- New forging Unit-V Pune (44K sq ft, Rs.15 Cr capex → Rs.70-80 Cr peak revenue at 5x asset turn).
- Giga-factory consolidation planned FY28-FY29.
- Risks: H1FY26 OCF turned negative Rs.-3.65 Cr (working-capital build), promoter holding dropped 3.7pp in 6 months (Sep-25 73.48% → Mar-26 69.81%) unexplained, SME-stage disclosure (no formal concalls until 21-May-2026 Nuvama call), auto cycle exposure (79% of book today), Anglian Omega Group RPT Rs.18.5 Cr FY25.