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 24.2
  • Book Value ₹ 98.9
  • Dividend Yield 1.73 %
  • ROCE 15.7 %
  • ROE 12.6 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 44.5%
  • Debtor days have improved from 75.8 to 58.8 days.
  • Promoter holding has increased by 0.80% over last quarter.

Cons

  • Company has a low return on equity of 12.5% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
87 94 110 116 121 120 120 114 118 118 123 123 127
81 91 107 109 106 103 105 103 109 106 115 112 113
Operating Profit 6 3 3 7 15 17 15 11 10 12 8 11 14
OPM % 7% 3% 3% 6% 13% 14% 13% 9% 8% 10% 6% 9% 11%
2 2 1 1 0 0 1 3 3 2 2 1 3
Interest 0 0 0 0 0 0 0 0 0 1 1 1 1
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 5 2 0 4 12 14 13 10 9 10 6 8 13
Tax % 35% 21% -18% 36% 41% 19% 25% 31% 26% 27% 37% 29% 17%
3 1 1 2 7 11 10 7 7 7 4 6 10
EPS in Rs 1.46 0.55 0.26 1.11 3.25 4.86 4.27 3.02 2.97 3.14 1.56 2.66 4.59
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
167 189 198 224 244 261 272 240 307 441 472 491
158 177 184 212 233 239 248 223 286 412 420 447
Operating Profit 9 13 14 11 11 22 23 17 22 29 52 45
OPM % 5% 7% 7% 5% 5% 9% 9% 7% 7% 7% 11% 9%
1 1 2 3 5 1 1 5 21 3 7 7
Interest 3 3 4 3 3 3 3 2 1 2 1 2
Depreciation 4 5 4 4 5 6 11 10 10 13 13 13
Profit before tax 3 5 8 7 8 15 10 10 32 18 45 36
Tax % 97% 37% 61% 38% 11% 33% 35% 25% 26% 36% 25% 25%
0 3 3 4 7 10 6 7 24 11 34 27
EPS in Rs 0.06 2.00 2.14 2.70 4.32 6.41 3.89 4.49 10.75 5.15 15.06 11.94
Dividend Payout % 0% 0% 47% 37% 23% 23% 39% 67% 28% 58% 33% 42%
Compounded Sales Growth
10 Years: 10%
5 Years: 13%
3 Years: 17%
TTM: 4%
Compounded Profit Growth
10 Years: 24%
5 Years: 34%
3 Years: 5%
TTM: -20%
Stock Price CAGR
10 Years: 20%
5 Years: 51%
3 Years: 1%
1 Year: -29%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 13%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 12 17 21 27 34 45 52 58 141 152 185 202
37 29 23 25 23 18 35 25 19 17 28 32
23 27 31 22 28 27 33 38 45 50 50 57
Total Liabilities 86 88 91 90 100 106 135 138 227 240 285 314
12 12 11 18 16 15 28 30 57 54 63 66
CWIP 0 0 0 0 0 0 0 0 0 0 1 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
74 76 80 72 85 91 107 108 170 187 222 247
Total Assets 86 88 91 90 100 106 135 138 227 240 285 314

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3 15 10 14 16 11 29 33 -4 6 62 32
-3 -4 -1 -11 -5 -5 -5 -10 -32 6 -62 -17
-1 -11 -9 -0 -10 -9 -10 -12 57 -14 -16 -21
Net Cash Flow -1 0 0 3 2 -3 13 11 21 -2 -16 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 86 75 71 79 68 68 67 62 79 91 78 59
Inventory Days
Days Payable
Cash Conversion Cycle 86 75 71 79 68 68 67 62 79 91 78 59
Working Capital Days 56 42 57 48 46 55 41 42 56 60 95 110
ROCE % 10% 14% 19% 15% 15% 24% 14% 12% 23% 10% 22% 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.

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