Onward Technolog

Why is Onward Technologies Ltd falling/rising?

As of 01-Sep, Onward Technologies Ltd's stock price is at Rs 283.20, down 2.81% after a trend reversal following three days of gains. The stock has significantly underperformed its sector and shows a negative trend over various periods, despite increased investor participation.

As of 01-Sep, Onward Technologies Ltd's stock price is falling, currently at Rs 283.20, reflecting a decrease of Rs 8.2 or 2.81%. This decline comes after a trend reversal, as the stock has fallen following three consecutive days of gains. Additionally, the stock has underperformed its sector by 4.13% today. <BR><BR>The stock reached an intraday low of Rs 281.75, which is a drop of 3.31%. Despite a rise in investor participation, with delivery volume increasing by 106.45% against the 5-day average, the overall performance over various periods indicates a negative trend. For instance, the stock has decreased by 15.06% over the past year and has seen a significant drop of 50.03% over the last three years, contrasting sharply with the Sensex, which has gained 17.67% in the same timeframe. <BR><BR>Moreover, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, suggesting a bearish short-term trend. Overall, these factors contribute to the current decline in Onward Technologies Ltd's stock price.

Who are in the management team of Onward Technolog?

The management team of Onward Technolog includes Founder Chairman Harish Shantilal Mehta, Managing Director Jigar Mehta, and several independent directors, along with Company Secretary Vinav Agarwal, bringing diverse expertise to the company.

The management team of Onward Technolog includes the following key individuals:<BR><BR>1. **Harish Shantilal Mehta** - Founder Chairman<BR>2. **Jigar Mehta** - Managing Director<BR>3. **Rahul Rathi** - Independent Director<BR>4. **Parish Meghani** - Independent Director<BR>5. **Subrata Kumar Mitra** - Independent Director<BR>6. **Jay Sonawala** - Independent Director<BR>7. **Harsha Raghavan** - Director<BR>8. **Niranjani Chandramouli** - Independent Director<BR>9. **Dhanpal Jhaveri** - Independent Director<BR>10. **Jai S Diwanji** - Independent Director<BR>11. **Vinav Agarwal** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise and leadership to the company.

What does Onward Technolog do?

Onward Technologies Ltd is a global leader in Mechanical Engineering Design and IT Services, with recent net sales of 149 Cr and a net profit of 11 Cr as of June 2026. The company has a market cap of INR 635 Cr and key metrics include a P/E ratio of 14.00 and a dividend yield of 2.81%.

Overview: <BR>Onward Technologies Ltd is a leading global player in Mechanical Engineering Design and IT Services, operating within the Computers - Software & Consulting industry and categorized as a Micro Cap company.<BR><BR>History: <BR>Onward Technologies Limited was incorporated on July 18, 1991. The latest quarterly results reported net sales and profit for the period ending June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 149 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 11 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 635 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 2.81% <BR>Debt-Equity: -0.28 <BR>Return on Equity: 18.44% <BR>Price-to-Book: 2.50 <BR><BR>Contact Details: <BR>Address: Sterling Center 2nd Floor, Dr A B Road Worli Mumbai Maharashtra : 400018 <BR>Tel: 91-22-2492-6570 <BR>Email: info@onwardgroup.com <BR>Website: http://www.onwardgroup.com

Who are the peers of the Onward Technolog?

Onward Technolog's peers include Xchanging Solutions, Innovana Technologies, Vakrangee, Ksolves India, Allied Digital, Softtech Engineers, Veefin Solutions, Mold-Tek Technologies, and Mindteck (India). Mold-Tek Technologies has the highest 1-year return at 23.16%, while Innovana Technologies has the lowest at -40.13%; Onward Technolog's return is -13.54%.

Peers: The peers of Onward Technolog are Xchanging Sol., Innovana Think., Vakrangee, Ksolves India, Allied Digital, Softtech Enginee, Veefin Solutions, Mold-Tek Technol, and Mindteck (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at Onward Technolog, while Average management risk is found at Xchanging Sol., Innovana Think., Vakrangee, Ksolves India, Allied Digital, Mold-Tek Technol, and Mindteck (India), and the rest. Below Average management risk is noted for Softtech Enginee and Veefin Solutions. Growth is rated as Good for Onward Technolog and Ksolves India, while Below Average growth is seen at Xchanging Sol., Innovana Think., Vakrangee, Allied Digital, Mold-Tek Technol, and Mindteck (India), and the rest. Veefin Solutions shows Excellent growth, and Softtech Enginee has Below Average growth. All peers maintain an Excellent capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mold-Tek Technol at 23.16%, while Innovana Think. has the lowest at -40.13%. Onward Technolog's 1-year return is -13.54%, which is higher than Innovana Think. but lower than Mold-Tek Technol. Additionally, several peers, including Xchanging Sol., Innovana Think., Vakrangee, Ksolves India, Allied Digital, Veefin Solutions, and Mindteck (India), have negative six-month returns.

How big is Onward Technolog?

As of 31st August, Onward Technologies Ltd has a market capitalization of 635.00 Cr, with recent net sales of 560.14 Cr and a net profit of 42.76 Cr. The company reported shareholder's funds of 253.51 Cr and total assets of 365.77 Cr as of March 2026.

As of 31st August, Onward Technologies Ltd has a market capitalization of 635.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Onward Technologies reported Net Sales of 560.14 Cr and a Net Profit of 42.76 Cr.<BR><BR>For the reporting period of March 2026, the company had Shareholder's Funds amounting to 253.51 Cr and Total Assets of 365.77 Cr.

Which are the latest news on Onward Technolog?

Should I buy, sell or hold Onward Technologies Ltd?

Are Onward Technologies Ltd latest results good or bad?

Onward Technologies Ltd's latest results show a 12.23% revenue growth to ₹149.43 crores, indicating strong demand, but net profit fell by 12.25% to ₹11.17 crores due to rising employee costs, leading to a HOLD advisory for investors.

Onward Technologies Ltd's latest results present a mixed picture. On one hand, the company achieved a revenue growth of 12.23% year-on-year, reaching ₹149.43 crores, which is a positive indicator of strong demand for its engineering and IT services. Additionally, the operating margin improved sequentially to 12.29%, reflecting some operational efficiency gains.<BR><BR>However, the bottom-line performance is concerning. The net profit declined by 12.25% year-on-year to ₹11.17 crores, despite the revenue growth. This drop in profitability is largely attributed to a significant increase in employee costs, which rose by 11.34% year-on-year. The profit margins have also been affected, with the PAT margin decreasing to 7.48% from 9.56% a year ago.<BR><BR>Overall, while the revenue growth is commendable, the decline in net profit and persistent margin compression indicate that the company is facing operational challenges. The current advisory rating is a HOLD, suggesting that investors should be cautious and monitor the company's ability to improve profitability in the upcoming quarters.

When is the next results date for Onward Technologies Ltd?

The next results date for Onward Technologies Ltd is July 16, 2026.

The next results date for Onward Technologies Ltd is scheduled for July 16, 2026.

Is Onward Technolog technically bullish or bearish?

As of December 3, 2025, the technical trend has shifted to mildly bearish, supported by bearish weekly MACD and KST indicators, daily moving averages, and Bollinger Bands, despite a bullish weekly RSI, indicating overall weakness against the Sensex.

As of 3 December 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both of which are bearish. The daily moving averages also confirm a bearish outlook. The Bollinger Bands on both weekly and monthly time frames indicate a mildly bearish trend. While the weekly RSI remains bullish, the overall technical picture suggests weakness, particularly in the context of recent performance against the Sensex, where the stock has underperformed significantly over multiple time frames.

How has been the historical performance of Onward Technolog?

Onward Technolog has shown consistent growth in net sales and total assets from Mar'19 to Mar'25, with net sales increasing from 261.02 Cr to 491.32 Cr. However, profitability has fluctuated, with operating profit peaking in Mar'24 and cash flow declining in Mar'25.

Answer:<BR>The historical performance of Onward Technolog shows a consistent growth trend in net sales and profit over the years, although there are fluctuations in profit margins and cash flow.<BR><BR>Breakdown:<BR>Onward Technolog's net sales increased from 261.02 Cr in Mar'19 to 491.32 Cr in Mar'25, reflecting a strong upward trajectory. Total operating income followed a similar trend, rising from 261.02 Cr in Mar'19 to 491.32 Cr in Mar'25. The company's total expenditure also grew, reaching 446.62 Cr in Mar'25, up from 238.61 Cr in Mar'19. Operating profit, excluding other income, peaked at 52.19 Cr in Mar'24 but fell to 44.70 Cr in Mar'25, indicating some volatility in profitability. Profit before tax showed a significant increase from 15.20 Cr in Mar'19 to 36.30 Cr in Mar'25, while profit after tax reached 27.08 Cr in Mar'25, down from 33.92 Cr in Mar'24. The company's total assets grew from 133.38 Cr in Mar'20 to 310.41 Cr in Mar'25, with total liabilities also increasing from 133.38 Cr to 310.41 Cr in the same period. Cash flow from operating activities was 31.00 Cr in Mar'25, down from 62.00 Cr in Mar'24, contributing to a net cash outflow of 6.00 Cr in Mar'25. Overall, Onward Technolog has demonstrated growth in sales and assets, but with some challenges in maintaining profit margins and cash flow stability.

Is Onward Technolog overvalued or undervalued?

As of October 20, 2025, Onward Technolog is considered very attractive with a PE ratio of 16.97, a Price to Book Value of 0.30, and an EV to EBITDA of 2.41, indicating it is undervalued compared to peers like TCS and Infosys, despite a 1-year stock performance lag of -21.50% against the Sensex.

As of 20 October 2025, Onward Technolog has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 16.97, a Price to Book Value of 0.30, and an EV to EBITDA of 2.41. These figures suggest that Onward Technolog is trading at a significant discount compared to its peers, such as TCS with a PE ratio of 21.68 and Infosys at 21.59.<BR><BR>In comparison to its industry, Onward Technolog's PEG ratio of 0.24 further emphasizes its undervaluation, especially when contrasted with HCL Technologies, which has a PEG ratio of 23.91. The company's recent stock performance has lagged behind the Sensex, with a 1-year return of -21.50% compared to the Sensex's 3.86%. Overall, the valuation metrics indicate that Onward Technolog presents a compelling investment opportunity at its current price of 306.80.

Who are the top shareholders of the Onward Technolog?

The top shareholders of Onward Technolog include Jhm Enterprises Private Limited with 34.16%, Infinity Direct Holdings at 8.73%, and individual investors with a combined 31.74%. Additionally, mutual funds hold 3.85% and foreign institutional investors account for 9.3%, with no pledged promoter holdings reported.

The top shareholders of Onward Technolog include Jhm Enterprises Private Limited, which holds the largest stake at 34.16%. Other significant shareholders are Infinity Direct Holdings with 8.73%, and individual investors collectively owning 31.74%. Additionally, the company has mutual funds holding 3.85% across three schemes and foreign institutional investors (FIIs) holding 9.3% through ten different entities. There are no pledged promoter holdings reported.

Has Onward Technolog declared dividend?

Onward Technologies Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of July 12, 2024. Despite recent negative price returns, the company has shown significant positive total returns over the long term.

Onward Technologies Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 12 Jul 24<BR><BR>Dividend Yield: 1.69%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.94%, with no dividend return, resulting in a total return of -13.94%.<BR><BR>Over the past year, the price return was -21.81%, with a dividend return of 1.25%, leading to a total return of -20.56%.<BR><BR>In the last 2 years, the price return was -42.73%, with a dividend return of 1.60%, giving a total return of -41.13%.<BR><BR>For the 3-year period, the price return was 0.7%, with a dividend return of 4.02%, resulting in a total return of 4.72%.<BR><BR>In the last 4 years, the price return was 54.88%, with a dividend return of 7.02%, leading to a total return of 61.9%.<BR><BR>Over the past 5 years, the price return was 469.33%, with a dividend return of 26.14%, resulting in a total return of 495.47%.<BR><BR>Overall, Onward Technologies Ltd has declared a dividend and has shown varying returns over different periods, with significant positive returns in the longer term despite recent negative trends in price returns.