# OSEL Devices share price today (OSEL Devices Ltd, NSE: OSELDEVICE)

> OSEL Devices share price today: ₹374.15 at the NSE close on 3 November 2026, down 42.1% in a year. OSEL Devices (NSE: OSELDEVICE) is worth ₹665 crore, trades at a P/E of 22.7 and has closed between ₹335.50 and ₹791.15 over the past 52 weeks. > OSEL Devices Ltd's earnings have grown faster than its share price. Earnings per share grew +33.0% in a year while the price moved −42.1%. OSELDEVICE · Electronics - Others · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/osel-devices-ltd

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## Key numbers

- Price: ₹374.15 (−42.1% in a year)
- P/E: 22.7× (lower than 80% of the last 2.1 years)
- Revenue (Mar 2026): ₹146 Cr (+47.5% on a year ago)
- Profit (Mar 2026): ₹14.0 Cr (+16.7% on a year ago)
- Operating margin: 20.0% (flat on a year ago)
- ROCE: 24%, FY26
- ROIC: 13.5%, against a 12.0% cost of capital: +1.5 points
- Profit that came in as cash: −123%, last 3 years

The main question: profits are rising, but only −123% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the OSEL Devices share price today? OSEL Devices Ltd's share price was ₹374.15 at the close on 3 November 2026. It has been falling for 18 weeks. That is 14.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹336 and ₹791, and at that close it sat 8% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 2.1 years the share price moved +90% while the NIFTY 500 moved −10%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at OSEL Devices this quarter? Three changes stood out: number of shareholders up 90% in a year, revenue up on a year earlier for 4 quarters in a row (every quarter we can compare) and profit up on a year earlier for 4 quarters in a row (every quarter we can compare). 1. Number of shareholders up 90% in a year 3,541 shareholders in the September 2026 quarter, against 1,865 a year earlier. 2. Revenue up on a year earlier for 4 quarters in a row (every quarter we can compare) In the March 2026 quarter revenue was ₹146 crore, +47.5% on a year earlier. Why: Sales rose because all three businesses grew and export sales crossed Rs 23 crore for the year. Next results: check whether SFL hearing aid shop sales beat the Rs 26 to 27 crore yearly base. From the earnings call on 2 Jun 2026. 3. Profit up on a year earlier for 4 quarters in a row (every quarter we can compare) In the March 2026 quarter profit was ₹14 crore, +16.7% on a year earlier. Why: Profit rose because the company kept its operating margin at 18.2% while sales grew across all three businesses. Next results: check whether the SFL hearing aid shops lift the profit margin above 18.2%. From the earnings call on 2 Jun 2026. ## What are OSEL Devices' latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), OSEL Devices reported revenue of ₹146 crore, up 47.5% from ₹99.0 crore a year earlier, and a profit of ₹14.0 crore, up 16.7% from ₹12.0 crore. ### OSEL Devices results: January to March 2026 against a year earlier

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹146 crore | ₹99.0 crore | +47.5% |
| Profit | ₹14.0 crore | ₹12.0 crore | +16.7% |
| Earnings per share | ₹7.95 | ₹7.46 | +6.6% |
| Operating margin | 20.0% | 20.0% | 0.0 points |

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them. OSEL Devices' management discussed these results on a call held on 2 June 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.)

## What is the OSEL Devices share price history? OSEL Devices closed at ₹374.15 on 3 November 2026, down 42.1% from ₹645.70 a year earlier (31 October 2025). Its highest weekly close since September 2024 was ₹791.15 on 28 November 2025. ### OSEL Devices share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹339.75 | +10.1% |
| 1 month ago · 1 Oct 2026 | ₹368.55 | +1.5% |
| 6 months ago · 30 Apr 2026 | ₹597.05 | −37.3% |
| 1 year ago · 31 Oct 2025 | ₹645.70 | −42.1% |
| Earliest weekly close in our records · 27 Sep 2024 | ₹197.05 | +89.9% |
| Highest weekly close since September 2024, also the 52-week high · 28 Nov 2025 | ₹791.15 | −52.7% |
| Lowest weekly close since September 2024 · 4 Oct 2024 | ₹187.90 | +99.1% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹335.50 | +11.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (114 weekly closes from 27 September 2024 to 3 November 2026.)

## What is the latest news on OSEL Devices? 3 Nov 2026: OSEL Devices closed at ₹374.15, up 10.1% on the week and up 1.5% on the month. 2 Jun 2026: OSEL Devices held its results call for January to March 2026. Management guided: FY27 revenue growth to exceed FY26 (56.9% growth), management intends to maintain or improve growth rate. ### Earlier

- Results for January to March 2026: Revenue up 47.5% and profit up 16.7% on a year earlier. ## What dividend does OSEL Devices pay? OSEL Devices has paid no dividend on the NSE since its first NSE close in our records (27 September 2024), the start of the period we checked. No. OSEL Devices Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did OSEL Devices management say on the latest results call? On the call for January to March 2026, held on 2 June 2026, OSEL Devices' management guided: FY27 revenue growth to exceed FY26 (56.9% growth), management intends to maintain or improve growth rate. > “We are not just a manufacturer supplying someone else's brand; we are moving into the highest value endpoint in each vertical”
> Chief Executive Officer Dipankar Goshal, on the call for January to March 2026

### What management guided

- Operating margin expected similar or improve versus 18.2% FY26 margin through SFL retail mix contribution; longer-term uplift thesis 4-5 years as retail share expands. - SFL retail clinic revenue: ₹26-27 plus crore FY27 with growth expected versus FY26 ₹26-27 crore closing. - Export revenue goal ₹50 crore FY27 (versus ₹23 crore FY26, representing plus 117% growth)
- JNPA capital spending amount TBD pending finalized project plan; commercialization goal remains April 2027. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/58131-02-Jun-2026.pdf). (From the call for January to March 2026, 2 June 2026.)

## What to watch in OSEL Devices' next results? When OSEL Devices reports April to June 2026, these are the 4 checks that show whether the story is still on course. First: SFL retail clinic revenue to exceed ₹26-27 crore FY26 base with operating margin expansion realized; track quarterly contribution breakdown and hearing aid ASP realization against retail channel uplift thesis. - What to check (from the call)
- SFL retail clinic revenue to exceed ₹26-27 crore FY26 base with operating margin expansion realized; track quarterly contribution breakdown and hearing aid ASP realization against retail channel uplift thesis. - Mobile phone unit sales trajectory post-smartphone launch (March 2026): feature phone 60,000-70,000 per month run rate plus nascent smartphone volumes; unit growth and smartphone ASP critical to revenue expansion goal. - JNPA project capital spending amount and phased timeline to be disclosed once project plan finalized; monitor impact on net debt, balance sheet leverage, and working capital dynamics. - Export revenue progress toward ₹50 crore FY27 goal (versus ₹23 crore FY26, representing 117% growth) heavily JNPA-dependent; track quarterly export revenue contribution and LED versus hearing aid segment mix. ## Which stock lists is OSEL Devices on? OSEL Devices is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is OSEL Devices profitable? OSEL Devices Ltd earned ₹14.0 Cr of net profit in the Mar 2026 quarter, +16.7% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹29.0 Cr. Over 5 years profit has grown 96.1% a year on average. That is 9.6% of the quarter's revenue. The same quarter a year earlier earned ₹8.0 Cr. For the full year, FY26 profit was ₹29.0 Cr (+45.0% on the year before). Why profit moved: revenue changed +47.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +53.5% and revenue +52.0%. Profit and revenue are moving at about the same pace. ## How much revenue does OSEL Devices make, and is it growing? OSEL Devices Ltd reported ₹146 Cr of revenue in the Mar 2026 quarter, +47.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 5 years it has grown 38.7% a year on average. The last full year, FY26, came in at ₹293 Cr. FY26 revenue was ₹293 Cr, +57.5% on the year before. Recent pace: the last four quarters grew +52.0% on average, against 38.7% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every ₹100 of sales does OSEL Devices keep? OSEL Devices Ltd's operating margin was 20.0% in the Mar 2026 quarter, about the same as the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Over the last four quarters it has moved +3.0 percentage points. Across 6 years it has been between 4.9% and 18.0%. The latest quarter is above every full year in that period. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +2.7 percentage points on the year while gross margin changed −1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is OSEL Devices' profit turning into cash? Over the last 3 years OSEL Devices Ltd's operations used more cash than they brought in, so cash conversion was −123%, a gap worth watching. In FY26 its operations used ₹20.0 Cr of cash, against ₹29.0 Cr of profit. After ₹14.0 Cr of spending on assets, free cash was −₹34.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −123% of profit came in as cash: the cash cycle got 136 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 136 days longer. The next section looks at where the cash is stuck. ## Where does OSEL Devices' cash go? OSEL Devices Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 172 days in FY26, up from 36 days in FY21. It spent ₹26.0 Cr on assets over the last 3 years. Customers take 134 days to pay, and stock sits for 94 days on average. At FY26 sales of ₹293 Cr, each day of that cycle ties up about ₹0.8 Cr, so roughly ₹138 Cr is tied up in the business at any time. FY26: customers took 134 days to pay and stock sat for 94 days, about 3.1 months of sales sitting as stock, for a full cycle of 172 days, longer than FY21's 36. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 94 days. Customers pay about 134 days after that. Suppliers are paid at 56 days. Together that makes the 172-day cycle. Spending on assets: ₹26.0 Cr over the last 3 years, against ₹3.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is OSEL Devices' P/E ratio, and how does it compare with its own history? OSEL Devices Ltd's P/E is 22.7×, near the low end of its own history: it has been lower only 20% of the time. Its usual P/E (the middle reading) is 28.3×, over 2.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +33.0% while the price moved −42.1%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the OSEL Devices business getting better or worse? OSEL Devices Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does OSEL Devices earn on its capital? OSEL Devices Ltd earned a ROCE of 24% in FY26. Its return on capital used (ROIC) is 1.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.9% net margin and 0.87× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 9.9% net margin × 0.87× asset turnover × 1.77× leverage (assets divided by equity) ≈ 15.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.5% − 12.0% = +1.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 13.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 17.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does OSEL Devices have too much debt? OSEL Devices Ltd has total debt of ₹95.0 Cr against shareholder equity of ₹209 Cr as of Mar 2026, so its debt is 0.45× its equity. Year by year, that ratio went from 1.00 in FY24 to 0.45 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the OSEL Devices shareholding pattern? Promoters cut their stake in OSEL Devices Ltd by 6.7 percentage points over 6 quarters, the biggest change among its owners. Promoters now own 64.8% of the company. Foreign institutions moved −4.0 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −6.7 points over 6 quarters, to 64.8%; Foreign institutions: −4.0 points over 6 quarters, to 0.1%; Domestic institutions: −2.6 points over 6 quarters, to 3.3%. Why the owners changed: promoters drove it (−6.7 points), together with foreign institutions (−4.0 points). They reduced their stake. ## How far is OSEL Devices from balance-sheet trouble? For OSEL Devices Ltd, the Z-score is 5.08. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.08 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does OSEL Devices rank in its industry? 52.6 out of 100, rank 5 of 7 in Electronics - Others, with 32% of the evidence available. It is provisional, so it is ranked below companies with full evidence. OSEL Devices Ltd scores 52.6 out of 100 against the 7 companies it is compared with in Electronics - Others, ranking 5. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 16.9 + 16.7 + 11.5 + 7.5 = 52.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is OSEL Devices compared with? OSEL Devices ranks 5 of 7 Electronics - Others companies on the 4-Factor Sector Score, with 52.6 out of 100. 1. [B C C Fuba India Ltd](https://www.sectoralpha.in/stocks/b-c-c-fuba-india-ltd) Most evidence points up · 61% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 55.5% · Profit 101.2% · Operating margin change 7.8 points · 83% evidence Capital efficiency 18.9/25 · ROCE 19.2% · Operating margin 23.9% · 95% evidence Valuation 8.5/20 · P/E 83.3× · PEG n/a · 15% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 67.3% · 1 year n/a · 25% evidence Exact sum: 27.4 + 18.9 + 8.5 + 12.5 = 67.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Honeywell Automation India Ltd](https://www.sectoralpha.in/stocks/honeywell-automation-india-ltd) HONAUT · quiet · Evidence leans down · 85% evidence 45.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 5.3% · Profit 9.5% · Operating margin change 2 points · 100% evidence Capital efficiency 11.9/25 · ROCE 17% · Operating margin 13% · 100% evidence Valuation 8.4/20 · P/E 45.4× · PEG 3.64 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -8% · 1 year -19.2% · 25% evidence · 1 of 12 weeks ahead Exact sum: 18 + 11.9 + 8.4 + 7.5 = 45.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Merritronix Ltd](https://www.sectoralpha.in/stocks/merritronix-ltd) breaking out · Too little evidence to rank firmly · 19% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/43.75 · Revenue n/a · Profit n/a · Operating margin change n/a · 3% evidence Capital efficiency 21.5/31.25 · ROCE 41.1% · Operating margin n/a · 60% evidence Valuation 13.1/25 · P/E 42.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.6 + 21.5 + 13.1 = 56.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Sahasra Electronic Solutions Ltd](https://www.sectoralpha.in/stocks/sahasra-electronic-solutions-ltd) SAHASRA · breaking out · Too little evidence to rank firmly · 40% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue n/a · Profit n/a · Operating margin change 11.1 points · 8% evidence Capital efficiency 6.2/25 · ROCE 6% · Operating margin 10% · 57% evidence Valuation 9.0/20 · P/E 74.5× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 23.6% · Lead over NIFTY 500 44% · 1 year 62.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 18.2 + 6.2 + 9 + 20 = 53.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. OSEL Devices Ltd this page OSELDEVICE · basing · Too little evidence to rank firmly · 32% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue n/a · Profit n/a · Operating margin change 0 points · 15% evidence Capital efficiency 16.7/25 · ROCE 24.4% · Operating margin 20% · 75% evidence Valuation 11.5/20 · P/E 20.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29% · 1 year -48% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 16.7 + 11.5 + 7.5 = 52.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [CWD Ltd](https://www.sectoralpha.in/stocks/cwd-ltd) CWD · Too little evidence to rank firmly · 27% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/43.75 · Revenue 100% · Profit 100% · Operating margin change -11 points · 27% evidence Capital efficiency 14.7/31.25 · ROCE 18% · Operating margin 17% · 57% evidence Valuation 11.9/25 · P/E 63× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 24.7 + 14.7 + 11.9 = 51.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Digilogic Systems Ltd](https://www.sectoralpha.in/stocks/digilogic-systems-ltd) breaking out · Too little evidence to rank firmly · 34% evidence 49.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 19% evidence Capital efficiency 16.3/31.25 · ROCE 18.6% · Operating margin 19% · 95% evidence Valuation 13.8/25 · P/E 42× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.3 + 16.3 + 13.8 = 49.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Electronics - Others](https://www.sectoralpha.in/sectors/electronics-others), all 7 compared on one page. ## Which companies are close to OSEL Devices in size? OSEL Devices is the 6th largest of 7 Electronics - Others companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Honeywell Automation India, Sahasra Electronic Solutions, B C C Fuba India, CWD and Merritronix. Just below it: Digilogic Systems. ### Electronics - Others companies close in size

1. [Honeywell Automation India Ltd](https://www.sectoralpha.in/stocks/honeywell-automation-india-ltd) ₹26,069 crore
2. [Sahasra Electronic Solutions Ltd](https://www.sectoralpha.in/stocks/sahasra-electronic-solutions-ltd) ₹1,057 crore
3. [B C C Fuba India Ltd](https://www.sectoralpha.in/stocks/b-c-c-fuba-india-ltd) ₹702 crore
4. [CWD Ltd](https://www.sectoralpha.in/stocks/cwd-ltd) ₹700 crore
5. [Merritronix Ltd](https://www.sectoralpha.in/stocks/merritronix-ltd) ₹689 crore
6. OSEL Devices Ltd ₹597 crore
7. [Digilogic Systems Ltd](https://www.sectoralpha.in/stocks/digilogic-systems-ltd) ₹563 crore

[All 7 Electronics - Others companies, largest first](https://www.sectoralpha.in/sectors/electronics-others#all-companies)

### Companies close in size in other industries

1. [Virat Industries Ltd](https://www.sectoralpha.in/stocks/virat-industries-ltd) ₹602 crore · Textiles - Socks
2. [Bai-Kakaji Polymers Ltd](https://www.sectoralpha.in/stocks/bai-kakaji-polymers-ltd) ₹597 crore · Plastics - Others
3. OSEL Devices Ltd ₹597 crore
4. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ₹596 crore · IT - Software
5. [HP Telecom India Ltd](https://www.sectoralpha.in/stocks/hp-telecom-india-ltd) ₹595 crore · Trading

## What else do people ask about OSEL Devices? ### What is OSEL Devices's share price today? OSEL Devices Ltd's share price is ₹374.15, −42.1% over the past year. The whole company is worth ₹665 Cr on the market. In the last 52 weeks it traded between ₹336 to ₹791; today it is 8% of the way up from the low, 14.2% below its 200-day average (as of 3 November 2026). ### What were OSEL Devices's latest quarterly results? OSEL Devices Ltd reported revenue of ₹146 Cr and net profit of ₹14.0 Cr for the Mar 2026 quarter. Revenue rose 47.5% and profit rose 16.7% compared with a year earlier. Earnings per share were ₹7.95. The operating margin was 20.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is OSEL Devices's market cap? OSEL Devices Ltd's market capitalisation is ₹665 Cr at a share price of ₹374.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is OSEL Devices performing? OSEL Devices Ltd's share price has been falling for 18 weeks. In its latest quarter, revenue rose 47.5% and profit rose 16.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will OSEL Devices's share price go up? This page does not forecast OSEL Devices Ltd's share price. What it shows instead: the share price is ₹374.15, and it has been falling for 18 weeks. Its P/E of 22.7× is higher than 20% of its own last 2 years (as of 3 November 2026). ### Who owns OSEL Devices? Promoters own 64.8% of OSEL Devices Ltd, foreign institutions 0.1%, domestic institutions 3.3% and the public 31.7% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 6.7 percentage points over 6 quarters (as of 3 November 2026). ### Does OSEL Devices have too much debt? OSEL Devices Ltd has a moderate amount of debt: its debt is 0.49× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹94.0 Cr against equity of ₹191 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is OSEL Devices in its business cycle? OSEL Devices Ltd's FY26 operating margin was 18.0%, against a 6-year range of 4.9% to 18.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the OSEL Devices story? The main question: profits are rising, but only −123% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is OSEL Devices a stock worth studying right now? What the numbers show: OSEL Devices Ltd's earnings have grown faster than its share price. Earnings per share grew +33.0% in a year while the price moved −42.1%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a OSEL Devices share price forecast for 2026? What management itself guided: FY27 revenue growth to exceed FY26 (56.9% growth), management intends to maintain or improve growth rate. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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