Osel Devices

Quick check

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• DebtModerate safety, with cautionRated BBB by CRISIL.
• ResultsGrowingIn the Mar 2026 quarter, sales rose 78% and profit rose 75% from a year earlier.
• DilutionRaise plannedNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 65%, down from 72% in Mar 2025.
• ValuationCheap vs its pastThe share trades at 20.7 times its yearly earnings (P/E), cheaper than 100% of the time in the last 1 years. Its usual P/E is about 41.

Osel Devices against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)20.7 against a typical 26.9: cheaper than most peers (1st = cheapest).7th of 25
• Sales growth+78% against a typical +21.5% from a year earlier.4th of 18
• Profit growth+75% against a typical +13.4% from a year earlier.3rd of 16
• Share price, 3 months−18.7% against a typical −6.4%.18th of 23
• Size₹ 605 Cr. market value against a typical ₹ 238.1 Cr. (1st = largest).9th of 24

Exchange filings and their impact on the company.

• 27 Oct 2026General UpdatesLow impactPositivePrice +0.1% that day
  Clarifies preferential warrants to non-promoter for working capital with 6-month lock-in and Rs 362 valuation.

  Osel Devices clarified its planned preferential issue of convertible warrants to a non-promoter investor. The sole purpose is additional working capital, with a 6-month lock-in on conversion shares. An independent valuer pegged fair value at Rs 362 per share versus around Rs 340 market price. The funds, once approved and converted, should help fund growth and reduce reliance on short-term debt.

  Full analysisFiling
• 17 Oct 2026Outcome of Board MeetingLow impactPositivePrice −1.6% on 19 Oct
  Board declares Rs 1 interim dividend and approves 1.7 lakh warrants at Rs 412 to public investors.

  Osel Devices board on October 17, 2026 declared a first interim dividend of Rs 1 per Rs 10 share for FY27 with record date October 24, 2026, with Managing Director Rajendra Ravi Shanker Mishra waiving dividend on his 1.15 crore shares. It also approved issuing up to 1,70,000 convertible warrants at Rs 412 per share to non-promoter public investors, subject to shareholder approval at an EGM on November 12, 2026, raising about Rs 7 crore. The board also appointed Kapil Kohli as Strategic Consultant for distribution and growth.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.