WEBSITE BSE:517536 NSE: ONWARD TECHN Inc. Year: 1991 Industry: IT - Software
Last updated: 15:42
Onward Technologies Ltd gives mechanical engineering design offerings (EDS) and IT consulting offerings (ITS). The Company gives product design and mechanical engineering services with a number of offerings, inclusive of new product development (NPD), engineering analysis, sustenance engineering, and production solutions for car, off highway, industrial equipment, aerospace, and consumer items industries. Its segment include professional services and consultancy (along with exports), and software merchandise - resale. The software merchandise -...Read More
Onward Technologies Ltd gives mechanical engineering design offerings (EDS) and IT consulting offerings (ITS). The Company gives product design and mechanical engineering services with a number of offerings, inclusive of new product development (NPD), engineering analysis, sustenance engineering, and production solutions for car, off highway, industrial equipment, aerospace, and consumer items industries. Its segment include professional services and consultancy (along with exports), and software merchandise - resale. The software merchandise - resale section is targeted across the Company's merchandise and other employer-related products. It presents Art to Part/Total Engineering product layout solutions. It allows clients in product development projects with its method of Analytically Driven Design & Development (AD3). It allows original equipment manufacturers (OEMs) and device tool industries in the areas of manufacturing solutions or automation solutions. ...Read Less
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Market Cap ₹572 Cr.
Stock P/E 21.1
P/B 2.4
Current Price ₹251.2
Book Value ₹ 106.6
Face Value 10
52W High ₹382
Dividend Yield 1.99%
52W Low ₹ 206.8
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 120 | 114 | 118 | 118 | 123 | 123 | 127 | 133 | 139 | 135 |
| Other Income | 1 | 3 | 3 | 2 | 2 | 1 | 3 | 2 | 1 | 2 |
| Total Income | 121 | 117 | 121 | 119 | 125 | 125 | 130 | 136 | 140 | 136 |
| Total Expenditure | 105 | 103 | 109 | 106 | 115 | 112 | 113 | 116 | 119 | 115 |
| Operating Profit | 16 | 13 | 12 | 14 | 10 | 12 | 17 | 20 | 21 | 21 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Profit Before Tax | 13 | 10 | 9 | 10 | 6 | 8 | 13 | 16 | 16 | 13 |
| Provision for Tax | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 4 | 3 |
| Profit After Tax | 10 | 7 | 7 | 7 | 4 | 6 | 10 | 13 | 12 | 10 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 10 | 7 | 7 | 7 | 4 | 6 | 10 | 13 | 12 | 10 |
| Adjusted Earnings Per Share | 4.3 | 3 | 3 | 3.1 | 1.6 | 2.7 | 4.6 | 5.6 | 5.3 | 4.5 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 189 | 198 | 224 | 244 | 261 | 272 | 240 | 307 | 441 | 472 | 491 | 534 |
| Other Income | 1 | 2 | 3 | 5 | 1 | 1 | 5 | 22 | 3 | 7 | 7 | 8 |
| Total Income | 190 | 200 | 226 | 249 | 262 | 273 | 246 | 329 | 444 | 480 | 499 | 542 |
| Total Expenditure | 177 | 184 | 212 | 233 | 239 | 248 | 223 | 286 | 412 | 420 | 447 | 463 |
| Operating Profit | 13 | 16 | 14 | 16 | 24 | 24 | 23 | 43 | 33 | 59 | 52 | 79 |
| Interest | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 1 | 2 | 4 |
| Depreciation | 5 | 4 | 4 | 5 | 6 | 11 | 10 | 10 | 13 | 13 | 13 | 14 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Profit Before Tax | 5 | 8 | 7 | 8 | 15 | 10 | 10 | 32 | 18 | 45 | 36 | 58 |
| Provision for Tax | 2 | 5 | 2 | 1 | 5 | 3 | 2 | 8 | 7 | 11 | 9 | 12 |
| Profit After Tax | 3 | 3 | 4 | 7 | 10 | 6 | 7 | 24 | 11 | 34 | 27 | 45 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 3 | 3 | 4 | 7 | 10 | 6 | 7 | 24 | 11 | 34 | 27 | 45 |
| Adjusted Earnings Per Share | 2 | 2.1 | 2.7 | 4.3 | 6.4 | 3.9 | 4.5 | 10.8 | 5.1 | 15.1 | 11.9 | 20 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 4% | 17% | 13% | 10% |
| Operating Profit CAGR | -12% | 7% | 17% | 15% |
| PAT CAGR | -21% | 4% | 35% | 25% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -3% | -3% | 17% | 14% |
| ROE Average | 13% | 13% | 14% | 13% |
| ROCE Average | 18% | 18% | 19% | 18% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 32 | 36 | 42 | 50 | 61 | 68 | 74 | 163 | 174 | 207 | 224 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 11 | 3 | 5 | 2 | 1 | 0 | 1 | 1 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -1 | 1 | 1 | 0 | 2 | 11 | 7 | 15 | 16 | 36 | 44 |
| Total Current Liabilities | 45 | 51 | 41 | 47 | 41 | 54 | 52 | 48 | 55 | 53 | 59 |
| Total Liabilities | 87 | 91 | 90 | 100 | 105 | 133 | 134 | 227 | 246 | 296 | 327 |
| Fixed Assets | 12 | 11 | 18 | 16 | 15 | 28 | 30 | 57 | 54 | 63 | 65 |
| Other Non-Current Assets | 21 | 12 | 12 | 16 | 19 | 23 | 14 | 22 | 26 | 36 | 44 |
| Total Current Assets | 55 | 68 | 60 | 68 | 70 | 83 | 90 | 148 | 166 | 198 | 219 |
| Total Assets | 87 | 91 | 90 | 100 | 105 | 133 | 134 | 227 | 246 | 296 | 327 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 2 | 2 | -14 | -11 | 8 | 4 | 18 | 28 | 50 | 47 | 31 |
| Cash Flow from Operating Activities | 15 | 10 | 14 | 16 | 11 | 29 | 33 | -4 | 6 | 62 | 32 |
| Cash Flow from Investing Activities | -6 | -2 | -11 | -5 | -5 | -6 | -10 | -32 | 6 | -62 | -17 |
| Cash Flow from Financing Activities | -11 | -9 | -0 | -10 | -9 | -10 | -12 | 57 | -14 | -16 | -21 |
| Net Cash Inflow / Outflow | -2 | -1 | 3 | 2 | -3 | 13 | 11 | 21 | -2 | -16 | -7 |
| Closing Cash & Cash Equivalent | 2 | 2 | -11 | -10 | 4 | 18 | 28 | 50 | 47 | 31 | 24 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.99 | 2.13 | 2.7 | 4.32 | 6.41 | 3.89 | 4.49 | 10.76 | 5.15 | 15.06 | 11.94 |
| CEPS(Rs) | 5.63 | 4.69 | 5.55 | 7.85 | 9.99 | 10.95 | 10.88 | 15.34 | 10.97 | 20.82 | 17.84 |
| DPS(Rs) | 0 | 1 | 1 | 1 | 1.5 | 1.5 | 3 | 3 | 3 | 5 | 5 |
| Book NAV/Share(Rs) | 21.32 | 23.66 | 25.83 | 29.91 | 36.51 | 40.36 | 43.96 | 72.87 | 76.12 | 88.84 | 96.97 |
| Core EBITDA Margin(%) | 6.5 | 6.97 | 5.01 | 4.61 | 8.59 | 8.61 | 7.17 | 6.97 | 6.64 | 11.05 | 9.1 |
| EBIT Margin(%) | 4.26 | 5.92 | 4.2 | 4.31 | 6.87 | 4.83 | 5.05 | 10.69 | 4.47 | 9.84 | 7.84 |
| Pre Tax Margin(%) | 2.43 | 4.11 | 2.95 | 3.07 | 5.82 | 3.55 | 4.08 | 10.36 | 4.09 | 9.56 | 7.39 |
| PAT Margin (%) | 1.53 | 1.61 | 1.83 | 2.75 | 3.88 | 2.3 | 3.05 | 7.71 | 2.6 | 7.18 | 5.51 |
| Cash Profit Margin (%) | 4.34 | 3.54 | 3.77 | 4.99 | 6.05 | 6.47 | 7.4 | 11 | 5.55 | 9.93 | 8.24 |
| ROA(%) | 3.36 | 3.58 | 4.53 | 7.08 | 9.91 | 5.23 | 5.48 | 13.12 | 4.86 | 12.51 | 8.69 |
| ROE(%) | 10.21 | 9.6 | 10.99 | 15.67 | 19.45 | 10.19 | 10.75 | 20.39 | 6.95 | 18.34 | 12.89 |
| ROCE(%) | 12.97 | 19.42 | 14.79 | 15.05 | 23.74 | 15.89 | 13.79 | 25.89 | 11.65 | 24.38 | 17.86 |
| Receivable days | 75.34 | 71.3 | 70.93 | 70.28 | 66.08 | 66.34 | 68.81 | 63.78 | 72.96 | 81.35 | 78.11 |
| Inventory Days | 0.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | -6077.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 25.11 | 32.65 | 29.82 | 20.23 | 10.69 | 11.32 | 25.21 | 33.5 | 55.96 | 29.42 | 21.08 |
| Price/Book(x) | 2.35 | 2.94 | 3.11 | 2.92 | 1.88 | 1.09 | 2.58 | 4.94 | 3.78 | 4.99 | 2.6 |
| Dividend Yield(%) | 0 | 1.44 | 1.24 | 1.14 | 2.19 | 3.41 | 2.65 | 0.83 | 1.04 | 1.13 | 1.99 |
| EV/Net Sales(x) | 0.53 | 0.63 | 0.64 | 0.62 | 0.46 | 0.25 | 0.71 | 2.39 | 1.35 | 2.05 | 1.11 |
| EV/Core EBITDA(x) | 7.49 | 8.05 | 10.49 | 9.39 | 5.12 | 2.72 | 7.56 | 17.08 | 18.22 | 16.25 | 10.52 |
| Net Sales Growth(%) | 13.38 | 4.54 | 12.97 | 9.35 | 6.77 | 4.03 | -11.48 | 27.83 | 43.5 | 7.14 | 4.01 |
| EBIT Growth(%) | 29.81 | 45.27 | -19.76 | 12.19 | 70.23 | -26.94 | -7.41 | 170.55 | -40.02 | 136.08 | -17.15 |
| PAT Growth(%) | 3760.29 | 9.65 | 28.66 | 63.84 | 50.89 | -38.45 | 17.64 | 222.76 | -51.53 | 195.45 | -20.17 |
| EPS Growth(%) | 3675.76 | 7.02 | 26.44 | 60.2 | 48.38 | -39.36 | 15.51 | 139.48 | -52.15 | 192.64 | -20.75 |
| Debt/Equity(x) | 0.95 | 0.66 | 0.64 | 0.48 | 0.31 | 0.28 | 0.21 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 1.21 | 1.32 | 1.45 | 1.45 | 1.7 | 1.53 | 1.73 | 3.07 | 3 | 3.75 | 3.74 |
| Quick Ratio(x) | 1.2 | 1.32 | 1.45 | 1.45 | 1.7 | 1.53 | 1.73 | 3.07 | 3 | 3.75 | 3.74 |
| Interest Cover(x) | 2.32 | 3.28 | 3.36 | 3.48 | 6.54 | 3.78 | 5.22 | 32.65 | 11.84 | 34.68 | 17.33 |
| Total Debt/Mcap(x) | 0.4 | 0.23 | 0.21 | 0.17 | 0.16 | 0.26 | 0.08 | 0 | 0 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 44.96 | 38.15 | 38.12 | 38.02 | 37.94 | 37.86 | 38.66 | 39.02 | 39.02 | 39.09 |
| FII | 0.09 | 2.14 | 2.51 | 1.64 | 8.97 | 9.18 | 9.3 | 9.29 | 9.21 | 9.4 |
| DII | 0.84 | 6.15 | 7.65 | 7.58 | 7.38 | 6.38 | 3.85 | 3.73 | 3.99 | 2.89 |
| Public | 54.11 | 53.56 | 51.73 | 52.76 | 45.72 | 46.58 | 48.19 | 47.97 | 47.78 | 48.63 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.01 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.88 | 0.89 | 0.89 | 0.89 |
| FII | 0 | 0.05 | 0.06 | 0.04 | 0.2 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 |
| DII | 0.02 | 0.14 | 0.17 | 0.17 | 0.17 | 0.14 | 0.09 | 0.08 | 0.09 | 0.07 |
| Public | 1.21 | 1.21 | 1.16 | 1.19 | 1.03 | 1.06 | 1.09 | 1.09 | 1.09 | 1.11 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2.24 | 2.25 | 2.25 | 2.26 | 2.26 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 |
* The pros and cons are machine generated.
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