ONWARDTEC · NSE
Onward Technologies Limited
₹287.2
-1.56% (-₹4.55)
Prev. close
₹291.75
Volume
13,769
Delivery %
49.1%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Onward Technologies Limited
Onward Technologies Limited operates as a software and technology services outsourcing company India, the United States, Europe, Canada, and the United Kingdom, and internationally. The company offers digital and engineering research and development services for original equipment manufacturers (OEMs) in industrial equipment and heavy machinery, transportation, mobility, and healthcare and life sciences sectors. It also provides digital services, such as advanced software development and lifecycle management, digitalization and integration, data engineering, analytics and visualization, and cloud platforms; and embedded product and systems engineering services comprising system, software and hardware, tooling, testing, and consulting services. In addition, the company offers mechanical product engineering services, including new product design and development, value engineering, virtual simulation, and manufacturing engineering. Onward Technologies Limited was incorporated in 1991 and is headquartered in Mumbai, India.
Details
Sector
Technology
Industry
Information Technology Services
CEO
Mr. Harish Shantital Mehta
Headquarters
Mumbai
Employees
2,359
Website
onwardgroup.comExchange
View on NSE ↗Key stats
Market cap
₹630.11 Cr
P/E ratio (TTM)
15.2
Dividend yield
2.74%
EPS (TTM)
₹18.93
Beta (1Y · daily vs NIFTY 50)
1.46
Beta (5Y · monthly vs NIFTY 50)
1.40
Shares float
87.56 L
EPS · quarter ended Jun 2026
₹4.98
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY22 growth needs FY21 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹240.37 Cr | ₹307.27 Cr | ₹440.93 Cr | ₹472.39 Cr | ₹491.32 Cr | ₹543.85 Cr | |
| EBITDA | ₹22.58 Cr | ₹42.94 Cr | ₹32.68 Cr | ₹59.47 Cr | ₹51.91 Cr | ₹75.73 Cr |
| ₹7.34 Cr | ₹23.68 Cr | ₹11.48 Cr | ₹33.92 Cr | ₹27.08 Cr | ₹44.32 Cr | |
| Diluted EPS | ₹4.35 | ₹12.17 | ₹5.05 | ₹14.81 | ₹11.81 | ₹19.52 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹137.68 Cr | ₹229.44 Cr | ₹242.25 Cr | ₹286.94 Cr | ₹313.76 Cr | ₹370.57 Cr | |
| ₹25.10 Cr | ₹18.70 Cr | ₹16.73 Cr | ₹28.27 Cr | ₹32.16 Cr | ₹39.84 Cr | |
| Stockholders' equity | ₹74.48 Cr | ₹163.21 Cr | ₹173.87 Cr | ₹207.13 Cr | ₹224.30 Cr | ₹253.51 Cr |
Trade receivables, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated. Inventory shows ₹0 for 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31 — this deck's own annual-report reading has no Inventory figure for this filer in any year shown (2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31, 2021-03-31, 2022-03-31 alike); the ₹0 shown here comes from this filer's own reported data feed rather than this deck's own extraction, and is positively consistent with a filer that holds no physical inventory (typical for lenders and other financial-services companies) rather than a display default. 2021-03-31, 2022-03-31 have no Inventory figure reaching this deck at all — not shown as zero, not shown as positive — left blank rather than assumed to match the other years.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹32.96 Cr | ₹-3.93 Cr | ₹5.75 Cr | ₹62.35 Cr | ₹31.52 Cr | ₹65.08 Cr | |
| Investing cash flow | ₹-9.87 Cr | ₹-31.60 Cr | ₹6.01 Cr | ₹-62.34 Cr | ₹-17.18 Cr | ₹-21.58 Cr |
| ₹-12.26 Cr | ₹56.57 Cr | ₹-14.21 Cr | ₹-16.17 Cr | ₹-21.22 Cr | ₹-31.32 Cr | |
| Capital expenditure | ₹-13.36 Cr | ₹-22.49 Cr | ₹-7.20 Cr | ₹-2.02 Cr | ₹-3.67 Cr | ₹-19.11 Cr |
| End cash position | ₹28.49 Cr | ₹49.52 Cr | ₹47.27 Cr | ₹31.20 Cr | ₹24.34 Cr | ₹36.86 Cr |
Debt repaid has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Nov 21–Dec 21(2Q) | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 57.33% | 45.97% | 45.79% | 45.69% | 45.52% | 45.43% | 45.21% | 45.07% | 44.96% | 38.15% | 38.12% | 38.02% | 37.94% | 37.86% | 38.66% | 39.02% | 39.02% | 39.09% | 39.07% | 40.02% | 39.97% |
| Public | 42.67% | 54.03% | 54.21% | 54.31% | 54.48% | 54.57% | 54.79% | 54.93% | 55.04% | 61.85% | 61.88% | 61.98% | 62.06% | 62.14% | 61.34% | 60.91% | 60.10% | 59.55% | 59.57% | 58.58% | 58.64% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.88% | 1.36% | 1.36% | 1.39% | 1.39% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Onward Technologies Limited | ₹611.24 Cr | ₹291.75 | 14.7 | 2.41 | 17.5% | 0.16 | +10.7% | — |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 13
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
1 index
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.