Onward Technologies Ltd
Incorporated in 1991, Onward Technology
Ltd is in the business of Mechanical Engineering Design and IT Services[1]
- Market Cap ₹ 908 Cr.
- Current Price ₹ 401
- High / Low ₹ 740 / 334
- Stock P/E 30.1
- Book Value ₹ 92.0
- Dividend Yield 1.25 %
- ROCE 21.7 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 27.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 39.8%
Cons
- Promoter holding has decreased over last 3 years: -19.6%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
146 | 167 | 189 | 198 | 224 | 244 | 261 | 272 | 240 | 307 | 441 | 472 | 470 | |
133 | 158 | 177 | 184 | 212 | 233 | 239 | 248 | 223 | 286 | 412 | 420 | 423 | |
Operating Profit | 14 | 9 | 13 | 14 | 11 | 11 | 22 | 23 | 17 | 22 | 29 | 52 | 47 |
OPM % | 9% | 5% | 7% | 7% | 5% | 5% | 9% | 9% | 7% | 7% | 7% | 11% | 10% |
2 | 1 | 1 | 2 | 3 | 5 | 1 | 1 | 5 | 21 | 3 | 7 | 9 | |
Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 1 | 1 |
Depreciation | 4 | 4 | 5 | 4 | 4 | 5 | 6 | 11 | 10 | 10 | 13 | 13 | 13 |
Profit before tax | 8 | 3 | 5 | 8 | 7 | 8 | 15 | 10 | 10 | 32 | 18 | 45 | 41 |
Tax % | 32% | 97% | 37% | 61% | 38% | 11% | 33% | 35% | 25% | 26% | 36% | 25% | |
5 | 0 | 3 | 3 | 4 | 7 | 10 | 6 | 7 | 24 | 11 | 34 | 30 | |
EPS in Rs | 3.87 | 0.06 | 2.00 | 2.14 | 2.70 | 4.32 | 6.41 | 3.89 | 4.49 | 10.75 | 5.15 | 15.06 | 13.40 |
Dividend Payout % | 0% | 0% | 0% | 47% | 37% | 23% | 23% | 39% | 67% | 28% | 58% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 13% |
3 Years: | 25% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 77% |
5 Years: | 27% |
3 Years: | 67% |
TTM: | 42% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 44% |
3 Years: | 21% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 22 | 22 | 23 |
Reserves | 9 | 12 | 17 | 21 | 27 | 34 | 45 | 52 | 58 | 141 | 152 | 185 |
35 | 37 | 29 | 23 | 25 | 23 | 18 | 35 | 25 | 19 | 17 | 28 | |
21 | 23 | 27 | 31 | 22 | 28 | 27 | 33 | 38 | 45 | 50 | 50 | |
Total Liabilities | 80 | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 |
12 | 12 | 12 | 11 | 18 | 16 | 15 | 28 | 30 | 57 | 54 | 63 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
68 | 74 | 76 | 80 | 72 | 85 | 91 | 107 | 108 | 170 | 187 | 222 | |
Total Assets | 80 | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 3 | 15 | 10 | 14 | 16 | 11 | 29 | 33 | -4 | 6 | 62 | |
-3 | -3 | -4 | -1 | -11 | -5 | -5 | -5 | -10 | -32 | 6 | -62 | |
3 | -1 | -11 | -9 | -0 | -10 | -9 | -10 | -12 | 57 | -14 | -16 | |
Net Cash Flow | 1 | -1 | 0 | 0 | 3 | 2 | -3 | 13 | 11 | 21 | -2 | -16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 91 | 86 | 75 | 71 | 79 | 68 | 68 | 67 | 62 | 79 | 91 | 78 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 91 | 86 | 75 | 71 | 79 | 68 | 68 | 67 | 62 | 79 | 91 | 78 |
Working Capital Days | 75 | 56 | 42 | 57 | 48 | 46 | 55 | 41 | 42 | 56 | 60 | 95 |
ROCE % | 20% | 10% | 14% | 19% | 15% | 15% | 24% | 14% | 12% | 23% | 10% | 22% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 2d
- Closure of Trading Window 26 Sep
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
26 Sep - For allotment of Equity Shares pursuant to exercise of options under Employee Stop Option Scheme , 2019.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Sep - Schedule of Analysts/Investors Meeting on September 26, 2024.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Jul 2024Transcript PPT
-
May 2024Transcript PPT REC
-
Jan 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Oct 2023TranscriptNotesPPT
-
Jul 2023Transcript PPT REC
-
Jul 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Mar 2023TranscriptNotesPPT
-
Mar 2023TranscriptNotesPPT
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Sep 2022TranscriptNotesPPT
-
Jul 2022Transcript PPT
-
Jul 2022TranscriptNotesPPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Jan 2022TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Oct 2021TranscriptNotesPPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
May 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Jan 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
May 2020TranscriptNotesPPT
-
Jan 2020TranscriptNotesPPT
-
Oct 2019TranscriptNotesPPT
-
Oct 2019TranscriptNotesPPT
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