SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Omaxe to invest Rs 220 crore for land acquisition

22 Aug 2011 Evaluate

Omaxe, a real estate developer is planning to invest up to Rs 220 crore in the next six months on land acquisition. Moreover, the company is targeting to cut its gross debt by about Rs 225 crore in this fiscal.

The company has reduced the net debt by about Rs 75 crore on quarter to quarter basis. As on March 31, the company’s gross debt was Rs 1,552 crore and today it stands at Rs 1,477 crore.

Omaxe started operations as a civil construction and contracting company and has executed over 120 prestigious industrial, institutional, commercial, residential and hospital construction projects. In the year 2001, the company entered the real estate development business. Today it is among the large real estate development companies in India. The company’s net profit after tax for the quarter ended June 30, 2011 declined by 31.19% at Rs 12.53 crore as compared to Rs 18.21 crore for the corresponding quarter last year.

Omaxe Share Price

80.32 2.23 (2.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×