Onward Technolog

Why is Onward Technologies Ltd falling/rising?

As of 11-Jun, Onward Technologies Ltd's stock price is declining, currently at 250.00, reflecting a 2.2% decrease. The stock has underperformed the Sensex and shows a bearish trend with reduced investor participation.

As of 11-Jun, Onward Technologies Ltd's stock price is falling, currently at 250.00, which reflects a decrease of 2.2 (-0.87%). The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of -2.85% during this period. <BR><BR>In terms of performance relative to the broader market, the stock has underperformed the Sensex over various time frames, including a -12.30% decline year-to-date compared to the Sensex's -13.36%. Over the past year, the stock has decreased by -23.07%, while the Sensex has only fallen by -10.52%. Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend.<BR><BR>Investor participation has also decreased significantly, with delivery volume on June 10 dropping by -66.46% compared to the 5-day average, suggesting reduced interest from investors. This combination of consecutive price declines, underperformance against benchmarks, and falling investor participation contributes to the current downward movement in Onward Technologies Ltd's stock price.

Which are the latest news on Onward Technolog?

How big is Onward Technolog?

As of 10th June, Onward Technologies Ltd has a market capitalization of 584.00 Cr and reported net sales of 543.86 Cr and net profit of 44.32 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Onward Technologies Ltd has a market capitalization of 584.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 543.86 Cr, while the sum of Net Profit for the same period is 44.32 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 224.30 Cr, and Total Assets are valued at 310.41 Cr.

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, totaling 11 members, who collectively provide strategic direction and governance for the company.

The management team of Onward Technolog includes the following 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 to the company, contributing to its strategic direction and governance.

Who are the peers of the Onward Technolog?

Onward Technolog's peers include Innovana Think., Ksolves India, Mindteck (India), and others. In terms of performance, Tera Software leads with a 49.39% 1-year return, while Onward Technolog has a return of -21.68%.

Peers: The peers of Onward Technolog are Innovana Think., Ksolves India, Mindteck (India), Allied Digital, Softtech Enginee, Tera Software, DigiSpice Tech., Inspirisys Sol., Sahana Systems, and TechD Cybersec.<BR><BR>Quality Snapshot: Excellent management risk is observed at Onward Technolog and Inspirisys Sol., while Average management risk is found at Innovana Think., Ksolves India, Mindteck (India), Allied Digital, Tera Software, and Sahana Systems, and the rest. Good growth is noted at Onward Technolog, Ksolves India, and Inspirisys Sol., while Below Average growth is seen at Innovana Think., Mindteck (India), Allied Digital, Softtech Enginee, and DigiSpice Tech., and the rest. Excellent capital structure is present at Innovana Think., Ksolves India, Mindteck (India), Allied Digital, Onward Technolog, and Sahana Systems, while Good capital structure is found at Softtech Enginee, Tera Software, and DigiSpice Tech., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tera Software at 49.39%, while the lowest is Allied Digital at -41.21%. Onward Technolog's 1-year return is -21.68%, which is higher than Allied Digital's but lower than Tera Software's. Additionally, the six-month return is negative for Allied Digital, DigiSpice Tech., and Onward Technolog.

What does Onward Technolog do?

Onward Technologies Ltd is a global leader in Mechanical Engineering Design and IT Services, with a market cap of INR 584 Cr and reported net sales of 137 Cr and net profit of 10 Cr for March 2026. The company has a P/E ratio of 12.00 and a dividend yield of 1.96%.

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 are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 137 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 10 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 584 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 1.96%<BR>- Debt Equity: -0.28<BR>- Return on Equity: 18.44%<BR>- Price to Book: 2.29<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

Are Onward Technologies Ltd latest results good or bad?

Onward Technologies Ltd's latest results show a 7.72% revenue growth to ₹137.12 crores, but net profit fell 5.45% sequentially and 8.26% year-on-year, with operating margins declining to 11.17%. This mixed performance indicates revenue growth is overshadowed by profitability challenges and rising costs.

Onward Technologies Ltd's latest results present a mixed picture. While the company achieved a revenue growth of 7.72% year-on-year, reaching net sales of ₹137.12 crores, its profitability metrics have deteriorated. The net profit for Q4 FY26 fell to ₹9.55 crores, down 5.45% sequentially and 8.26% year-on-year, indicating a decline in earnings quality despite the revenue increase.<BR><BR>Additionally, the operating margin has compressed significantly, dropping to 11.17% from 14.51% in the previous quarter. This decline in margins, coupled with rising employee costs, suggests that the company is facing operational challenges and cost pressures that are impacting profitability.<BR><BR>Overall, while revenue growth is a positive sign, the decline in net profit and operating margins raises concerns about the company's ability to manage costs effectively in a challenging economic environment. Investors may view these results as a warning sign, indicating that while the top line is growing, the bottom line is under pressure.

Should I buy, sell or hold Onward Technologies Ltd?

When is the next results date for Onward Technologies Ltd?

The next results date for Onward Technologies Ltd is May 5, 2026.

The next results date for Onward Technologies Ltd is scheduled for May 5, 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.