The company achieved a 108.91% year-over-year revenue expansion while maintaining a superior 29.4% operating margin, suggesting significant efficiency in scaling its specialized service operations.
| Metric | Mar'26 | Mar'25 | Mar'23 | Mar'22 |
|---|
| Sales/Revenue | 155.91M | 203.61M | 97.46M | 56.72M |
| Revenue Growth % | -23.43% | 108.91% | 71.83% | - |
| Cost of Goods Sold | 108.68M | 134.62M | 69.42M | 42.77M |
| COGS % of Revenue | 69.71% | 66.12% | 71.23% | 75.4% |
| Gross Profit | 47.23M | 68.99M | 28.04M | 13.95M |
| Gross Margin % | 30.29% | 33.88% | 28.77% | 24.6% |
| Gross Profit Growth % | -31.54% | 146.02% | 101% | - |
| Operating Expenses | 12.37M | 9.12M | 8.14M | 6.8M |
| OpEx % of Revenue | 7.94% | 4.48% | 8.35% | 11.98% |
| Selling, General & Admin | 9.85M | 8.22M | 7.97M | 6.52M |
| SG&A % of Revenue | 6.32% | 4.04% | 8.17% | 11.5% |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 2.52M | 902K | 175K | 274K |
| Operating Income | 34.86M | 59.87M | 19.9M | 7.15M |
| Operating Margin % | 22.36% | 29.4% | 20.42% | 12.61% |
| Operating Income Growth % | -41.77% | 200.84% | 178.15% | - |
| EBITDA | 41.22M | 64.07M | 22.26M | 9.09M |
| EBITDA Margin % | 26.44% | 31.47% | 22.84% | 16.02% |
| EBITDA Growth % | -35.66% | 187.83% | 144.97% | - |
| D&A (Non-Cash Add-back) | 6.37M | 4.21M | 2.36M | 1.93M |
| EBIT | 38.8M | 60.45M | 23.55M | 11.33M |
| Net Interest Income | 3.19M | 55K | -1.71M | -798K |
| Interest Income | 3.59M | 339K | 236K | 91K |
| Interest Expense | 404K | 284K | 1.94M | 889K |
| Other Income/Expense | 3.54M | 301K | 1.71M | 3.29M |
| Pretax Income | 38.4M | 60.17M | 21.61M | 10.44M |
| Pretax Margin % | 24.63% | 29.55% | 22.17% | 18.41% |
| Income Tax | 4.52M | 13.19M | 9.19M | 754K |
| Effective Tax Rate % | 11.76% | 21.92% | 42.52% | 7.22% |
| Net Income | 32.21M | 44.82M | 11.65M | 8.46M |
| Net Margin % | 20.66% | 22.01% | 11.95% | 14.92% |
| Net Income Growth % | -28.13% | 284.79% | 37.59% | - |
| Net Income (Continuing) | 33.88M | 46.98M | 12.42M | 9.69M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 7.75M | 5.7M | 1.71M | 901K |
| EPS (Diluted) | 0.00 | 1.06 | 0.26 | 0.19 |
| EPS Growth % | -100% | 307.69% | 36.84% | - |
| EPS (Basic) | 0.00 | 1.06 | 0.26 | 0.19 |
| Diluted Shares Outstanding | 0 | 42.45M | 44.3M | 44.3M |
| Basic Shares Outstanding | 0 | 42.45M | 44.3M | 44.3M |
| Dividend Payout Ratio | - | - | - | - |
Regional geographic concentration risk
As reported in recent financial disclosures, OMSE achieved a remarkable 108.91% year-over-year revenue growth, signaling a significant scale-up in regional drilling activity or the successful capture of major contract wins that have fundamentally altered the company's market position within the Middle Eastern energy services landscape.
This explosive growth suggests that the company is successfully leveraging its localized manufacturing footprint to capture increased demand from regional National Oil Companies. Investors should monitor whether this trajectory represents a sustainable shift in market share or if it is primarily driven by the timing of large-scale, project-based equipment deliveries.
Based on the company's reported 29.4% operating margin, OMSE demonstrates a level of profitability that significantly outpaces its peer group, suggesting that its specialized threading and repair services provide a structural margin advantage over competitors focused solely on high-volume, commoditized tubular goods production and distribution.
The 33.88% gross margin indicates a robust ability to pass through raw material cost volatility, likely supported by the high-barrier nature of its API-certified service facilities. This margin profile implies that the service-heavy revenue mix is effectively insulating the bottom line from the cyclical pressures typically seen in the broader oilfield services sector.
According to the provided financial data, the company's ability to maintain an operating margin of nearly 30% during a period of 108% revenue growth suggests significant operating leverage, where fixed manufacturing overhead is being efficiently absorbed by the rapid scaling of high-margin service and repair revenue streams.
The company appears to be successfully converting top-line gains into bottom-line profitability, which warrants further investigation into the scalability of its current infrastructure. If this efficiency persists, it may indicate that the firm has reached a critical mass where incremental revenue requires proportionally lower increases in SG&A and fixed costs.
While the company's growth is impressive, the high geographic concentration in Saudi Arabia and Indonesia, as noted in recent filings, creates a significant vulnerability where any localized regulatory shift or change in procurement strategy by state-owned entities could disproportionately impact the company's future revenue stability.
Short-term observers might argue that the current revenue surge is a temporary byproduct of specific regional drilling cycles rather than a permanent competitive moat. Furthermore, the accumulation of $72.95 million in cash without clear reinvestment plans suggests that the company may be struggling to deploy capital effectively, potentially diluting long-term returns on equity.
Quick answers to the most common questions about buying OMSE stock.
For fiscal year 2026, OMS Energy Technologies Inc. (OMSE) reported total revenue of $155.9M. This represents a 174.9% increase compared to $56.7M in 2022.
OMS Energy Technologies Inc. (OMSE) is profitable, generating $32.2M in net income for the fiscal year ending 2026 with a net profit margin of 20.7%.
OMS Energy Technologies Inc. (OMSE) reported an operating income of $34.9M, resulting in an operating profit margin of 22.4%. This margin reflects the operational efficiency of the business before interest and taxes.
OMS Energy Technologies Inc. (OMSE) generated $47.2M in gross profit for the year, representing a gross profit margin of 30.3%. This demonstrates the company's core pricing power and production efficiency.