Onward Technologies Ltd

Onward Technolog Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Onward Technologies Ltd

₹ 288 -0.83%
22 May - close price
onwardgroup.com BSE: 517536 NSE: ONWARDTEC
About

Incorporated in 1991, Onward Technology
Ltd is in the business of Mechanical Engineering Design and IT Services[1]

Key Points

Business Overview:[1]
OTL is an ISO 9001 TUV Nord and Tusax certified software outsourcing company specializing in Digital & Data Engineering, Electronics & Embedded Engineering, and ER&D services. Company is headquartered in Mumbai, with a global presence in ~13 countries including North America, Europe, and offshore delivery centres in India

Website BSE NSE
  • Market Cap ₹ 655 Cr.
  • Current Price ₹ 288
  • High / Low ₹ 508 / 206
  • Stock P/E 26.8
  • Book Value ₹ 88.9
  • Dividend Yield 1.73 %
  • ROCE 16.1 %
  • ROE 12.5 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 35.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 42.7%
  • Debtor days have improved from 76.4 to 56.5 days.
  • Promoter holding has increased by 0.80% over last quarter.

Cons

  • Company has a low return on equity of 13.0% over last 3 years.
  • Promoter holding has decreased over last 3 years: -7.13%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

Part of BSE Information Technology BSE SmallCap BSE Allcap

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
66.54 69.13 76.76 81.26 88.02 84.49 87.09 85.19 89.18 89.55 95.73 96.50 99.30
59.78 65.18 73.42 74.68 74.83 73.28 75.37 75.34 80.66 77.97 86.73 86.35 91.98
Operating Profit 6.76 3.95 3.34 6.58 13.19 11.21 11.72 9.85 8.52 11.58 9.00 10.15 7.32
OPM % 10.16% 5.71% 4.35% 8.10% 14.99% 13.27% 13.46% 11.56% 9.55% 12.93% 9.40% 10.52% 7.37%
1.90 2.94 2.01 1.99 2.10 1.22 2.51 3.25 3.31 2.67 2.77 2.44 3.30
Interest 0.31 0.42 0.43 0.42 0.39 0.34 0.31 0.28 0.51 0.65 0.70 0.70 0.65
Depreciation 2.62 3.02 3.18 3.30 3.21 3.19 3.20 3.25 3.25 3.41 3.39 3.36 3.42
Profit before tax 5.73 3.45 1.74 4.85 11.69 8.90 10.72 9.57 8.07 10.19 7.68 8.53 6.55
Tax % 31.94% 17.10% 31.03% 27.42% 25.49% 25.39% 25.47% 26.02% 25.28% 25.42% 25.52% 26.73% 26.72%
3.90 2.85 1.21 3.52 8.71 6.63 7.99 7.08 6.02 7.61 5.72 6.25 4.80
EPS in Rs 1.77 1.29 0.55 1.58 3.90 2.96 3.56 3.15 2.67 3.37 2.53 2.76 2.12
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
74 87 89 93 107 118 181 173 234 315 346 381
61 77 79 88 103 103 166 153 217 287 305 343
Operating Profit 12 10 10 5 4 15 15 20 18 28 41 38
OPM % 17% 11% 11% 5% 3% 13% 8% 11% 8% 9% 12% 10%
1 0 1 7 7 5 7 8 5 8 10 11
Interest 2 2 2 2 2 2 3 2 1 2 1 3
Depreciation 3 5 3 4 5 5 10 9 9 13 13 14
Profit before tax 8 3 6 5 3 13 8 17 13 22 37 33
Tax % 30% 42% 81% 44% 34% 29% 28% 24% 28% 25% 26% 26%
6 2 1 3 2 9 5 13 9 16 28 24
EPS in Rs 3.94 1.19 0.72 1.95 1.42 5.92 3.38 7.75 4.23 7.30 12.31 10.75
Dividend Payout % 0% 0% 138% 51% 71% 25% 44% 39% 71% 41% 41% 47%
Compounded Sales Growth
10 Years: 16%
5 Years: 16%
3 Years: 18%
TTM: 10%
Compounded Profit Growth
10 Years: 28%
5 Years: 35%
3 Years: 39%
TTM: -11%
Stock Price CAGR
10 Years: 20%
5 Years: 51%
3 Years: 1%
1 Year: -29%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 13%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 14 15 15 15 16 16 16 16 22 22 23 23
Reserves 26 28 28 34 36 45 45 57 126 139 165 179
18 14 19 17 18 17 22 10 18 15 26 29
20 24 30 20 21 19 34 34 48 42 47 61
Total Liabilities 78 80 92 86 92 98 118 117 214 218 261 291
11 11 10 14 13 13 26 29 38 35 44 46
CWIP 0 0 0 0 0 0 0 0 0 0 1 0
Investments 28 28 28 39 39 39 12 12 32 33 33 33
39 41 54 32 39 46 80 76 144 150 183 212
Total Assets 78 80 92 86 92 98 118 117 214 218 261 291

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4 12 -1 10 7 7 30 27 4 4 67 34
-5 -5 -2 -4 -5 -3 -3 -8 -34 5 -62 -15
2 -6 3 -1 -8 -4 -22 -15 57 -15 -17 -22
Net Cash Flow 0 0 0 5 -6 0 5 4 28 -6 -12 -3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 68 50 52 65 65 66 68 60 72 98 74 57
Inventory Days
Days Payable
Cash Conversion Cycle 68 50 52 65 65 66 68 60 72 98 74 57
Working Capital Days -1 -23 4 -11 11 37 23 38 40 63 98 108
ROCE % 20% 9% 13% 12% 8% 20% 13% 22% 11% 13% 20% 16%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
45.69% 45.51% 45.43% 45.21% 45.07% 44.96% 38.15% 38.12% 38.02% 37.94% 37.86% 38.66%
0.00% 24.38% 0.01% 0.00% 0.06% 0.09% 2.14% 2.50% 1.64% 8.97% 9.18% 9.30%
0.24% 0.23% 0.31% 0.55% 0.87% 0.84% 6.15% 7.65% 7.58% 7.38% 6.38% 3.86%
54.07% 29.87% 54.25% 54.24% 54.02% 54.12% 53.56% 51.73% 52.75% 45.73% 46.57% 48.19%
No. of Shareholders 11,55211,62310,91110,68112,13314,27815,36516,93119,32721,42222,58222,721

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls