Share Price and Basic Stock Data
Last Updated: November 5, 2025, 4:52 pm
| PEG Ratio | 2.77 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Onward Technologies Ltd operates in the IT Consulting and Software industry, with its stock currently priced at ₹319 and a market capitalization of ₹725 Cr. The company has shown a consistent upward trend in revenue, reporting sales of ₹441 Cr for the fiscal year ending March 2023, which increased to ₹472 Cr in March 2024 and is projected to reach ₹491 Cr for March 2025, indicating a healthy growth trajectory. Quarterly sales data reveal a steady performance, with sales recorded at ₹121 Cr in March 2023, ₹120 Cr in June 2023, and ₹123 Cr in September 2024. This robust revenue growth reflects the company’s ability to adapt to market demands and leverage opportunities in the IT sector. Overall, the sales growth demonstrates Onward Technologies’ resilience and operational effectiveness in a competitive landscape.
Profitability and Efficiency Metrics
The profitability metrics for Onward Technologies highlight its operational efficiency and effectiveness in managing costs. The company reported a net profit of ₹11 Cr in June 2023, which slightly declined to ₹10 Cr in September 2023, before recovering to ₹13 Cr by June 2025. The operating profit margin (OPM) stood at 14% in June 2023, showcasing strong cost management, although it fluctuated to 9% by December 2024. The return on equity (ROE) was reported at 12.5%, while the return on capital employed (ROCE) stood at 15.6%, both indicating satisfactory returns relative to the capital invested. Furthermore, the interest coverage ratio (ICR) of 23.36x signifies robust financial health, allowing the company to comfortably meet its interest obligations. These profitability and efficiency metrics suggest that Onward Technologies is in a solid position to sustain its operations while generating returns for its investors.
Balance Sheet Strength and Financial Ratios
Onward Technologies’ balance sheet reveals a strong financial foundation, characterized by total reserves of ₹202 Cr against borrowings of ₹32 Cr, indicating prudent financial management and low debt levels. The current ratio is reported at 3.87, suggesting that the company has ample liquidity to cover its short-term liabilities, while the debt-to-equity ratio remains at a negligible level of 0.00, reflecting minimal reliance on external financing. The price-to-book value (P/BV) stood at 2.55x, indicating a reasonable valuation relative to its net assets. Additionally, the company’s cash conversion cycle of 81 days demonstrates efficient working capital management, although it has increased from previous years, suggesting a need for continued focus on receivables and inventory management. Overall, these financial ratios present a favorable picture of Onward Technologies’ balance sheet strength.
Shareholding Pattern and Investor Confidence
The shareholding structure of Onward Technologies illustrates a diverse investor base, with promoters holding 39.02% of the shares, while foreign institutional investors (FIIs) and domestic institutional investors (DIIs) hold 9.29% and 3.73%, respectively. The public holds 47.88% of the shares, indicating a broad distribution of ownership that can enhance market liquidity. Notably, the promoter stake has seen a decline from 45.51% in September 2022 to the current level, which may signal shifts in management strategy or capital raising efforts. The number of shareholders has increased to 23,310, reflecting growing investor interest and confidence in the company. The presence of institutional investors also indicates a level of endorsement from market professionals, further bolstering investor sentiment and trust in Onward Technologies’ future prospects.
Outlook, Risks, and Final Insight
Onward Technologies is positioned for continued growth in the IT consulting and software sector, supported by strong financial metrics and a solid revenue base. However, potential risks include fluctuations in global IT spending, which could impact revenue growth. Additionally, competition within the sector remains intense, requiring the company to innovate and adapt continuously. The volatility in operating profit margins also presents a challenge, as it may affect overall profitability if not managed effectively. Nevertheless, the company’s strong balance sheet and efficient operational metrics provide a cushion against these risks. Moving forward, Onward Technologies must leverage its strengths and address potential vulnerabilities to maintain its growth trajectory and enhance shareholder value.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Onward Technologies Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | 0.38/0.33 | 1.12 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 34.2 Cr. | 10.8 | 10.8/4.43 | 0.25 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 157 Cr. | 146 | 194/99.8 | 35.1 | 33.2 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 32.9 Cr. | 257 | 310/140 | 23.5 | 26.7 | 0.39 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.45 Cr. | 1.32 | 1.73/0.91 | 58.6 | 2.52 | 0.00 % | 2.14 % | 2.15 % | 2.00 |
| Industry Average | 19,088.82 Cr | 567.12 | 142.81 | 119.50 | 0.53% | 14.92% | 20.95% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 94 | 110 | 116 | 121 | 120 | 120 | 114 | 118 | 118 | 123 | 123 | 127 | 133 |
| Expenses | 91 | 107 | 109 | 106 | 103 | 105 | 103 | 109 | 106 | 115 | 112 | 113 | 116 |
| Operating Profit | 3 | 3 | 7 | 15 | 17 | 15 | 11 | 10 | 12 | 8 | 11 | 14 | 17 |
| OPM % | 3% | 3% | 6% | 13% | 14% | 13% | 9% | 8% | 10% | 6% | 9% | 11% | 13% |
| Other Income | 2 | 1 | 1 | 0 | 0 | 1 | 3 | 3 | 2 | 2 | 1 | 3 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 2 | 0 | 4 | 12 | 14 | 13 | 10 | 9 | 10 | 6 | 8 | 13 | 16 |
| Tax % | 21% | -18% | 36% | 41% | 19% | 25% | 31% | 26% | 27% | 37% | 29% | 17% | 20% |
| Net Profit | 1 | 1 | 2 | 7 | 11 | 10 | 7 | 7 | 7 | 4 | 6 | 10 | 13 |
| EPS in Rs | 0.55 | 0.26 | 1.11 | 3.25 | 4.86 | 4.27 | 3.02 | 2.97 | 3.14 | 1.56 | 2.66 | 4.59 | 5.60 |
Last Updated: August 1, 2025, 4:05 pm
Below is a detailed analysis of the quarterly data for Onward Technologies Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 133.00 Cr.. The value appears strong and on an upward trend. It has increased from 127.00 Cr. (Mar 2025) to 133.00 Cr., marking an increase of 6.00 Cr..
- For Expenses, as of Jun 2025, the value is 116.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 113.00 Cr. (Mar 2025) to 116.00 Cr., marking an increase of 3.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 17.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2025) to 17.00 Cr., marking an increase of 3.00 Cr..
- For OPM %, as of Jun 2025, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Mar 2025) to 13.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 16.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2025) to 16.00 Cr., marking an increase of 3.00 Cr..
- For Tax %, as of Jun 2025, the value is 20.00%. The value appears to be increasing, which may not be favorable. It has increased from 17.00% (Mar 2025) to 20.00%, marking an increase of 3.00%.
- For Net Profit, as of Jun 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 3.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 5.60. The value appears strong and on an upward trend. It has increased from 4.59 (Mar 2025) to 5.60, marking an increase of 1.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:16 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 167 | 189 | 198 | 224 | 244 | 261 | 272 | 240 | 307 | 441 | 472 | 491 | 507 |
| Expenses | 158 | 177 | 184 | 212 | 233 | 239 | 248 | 223 | 286 | 412 | 420 | 447 | 457 |
| Operating Profit | 9 | 13 | 14 | 11 | 11 | 22 | 23 | 17 | 22 | 29 | 52 | 45 | 50 |
| OPM % | 5% | 7% | 7% | 5% | 5% | 9% | 9% | 7% | 7% | 7% | 11% | 9% | 10% |
| Other Income | 1 | 1 | 2 | 3 | 5 | 1 | 1 | 5 | 21 | 3 | 7 | 7 | 8 |
| Interest | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 1 | 2 | 2 |
| Depreciation | 4 | 5 | 4 | 4 | 5 | 6 | 11 | 10 | 10 | 13 | 13 | 13 | 13 |
| Profit before tax | 3 | 5 | 8 | 7 | 8 | 15 | 10 | 10 | 32 | 18 | 45 | 36 | 43 |
| Tax % | 97% | 37% | 61% | 38% | 11% | 33% | 35% | 25% | 26% | 36% | 25% | 25% | |
| Net Profit | 0 | 3 | 3 | 4 | 7 | 10 | 6 | 7 | 24 | 11 | 34 | 27 | 33 |
| 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 | 14.41 |
| Dividend Payout % | 0% | 0% | 47% | 37% | 23% | 23% | 39% | 67% | 28% | 58% | 33% | 42% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 0.00% | 33.33% | 75.00% | 42.86% | -40.00% | 16.67% | 242.86% | -54.17% | 209.09% | -20.59% |
| Change in YoY Net Profit Growth (%) | 0.00% | 33.33% | 41.67% | -32.14% | -82.86% | 56.67% | 226.19% | -297.02% | 263.26% | -229.68% |
Onward Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 34% |
| 3 Years: | 5% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 42% |
| 3 Years: | 10% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 13% |
Last Updated: September 5, 2025, 11:55 am
Balance Sheet
Last Updated: July 25, 2025, 2:38 pm
| Month | 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 |
| Borrowings | 37 | 29 | 23 | 25 | 23 | 18 | 35 | 25 | 19 | 17 | 28 | 32 |
| Other Liabilities | 23 | 27 | 31 | 22 | 28 | 27 | 33 | 38 | 45 | 50 | 50 | 54 |
| Total Liabilities | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 | 311 |
| Fixed Assets | 12 | 12 | 11 | 18 | 16 | 15 | 28 | 30 | 57 | 54 | 63 | 65 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 74 | 76 | 80 | 72 | 85 | 91 | 107 | 108 | 170 | 187 | 222 | 244 |
| Total Assets | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 | 311 |
Below is a detailed analysis of the balance sheet data for Onward Technologies Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
- For Reserves, as of Mar 2025, the value is 202.00 Cr.. The value appears strong and on an upward trend. It has increased from 185.00 Cr. (Mar 2024) to 202.00 Cr., marking an increase of 17.00 Cr..
- For Borrowings, as of Mar 2025, the value is 32.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 28.00 Cr. (Mar 2024) to 32.00 Cr., marking an increase of 4.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 54.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 50.00 Cr. (Mar 2024) to 54.00 Cr., marking an increase of 4.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 311.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 285.00 Cr. (Mar 2024) to 311.00 Cr., marking an increase of 26.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 65.00 Cr.. The value appears strong and on an upward trend. It has increased from 63.00 Cr. (Mar 2024) to 65.00 Cr., marking an increase of 2.00 Cr..
- For CWIP, as of Mar 2025, the value is 2.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to 2.00 Cr., marking an increase of 1.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 244.00 Cr.. The value appears strong and on an upward trend. It has increased from 222.00 Cr. (Mar 2024) to 244.00 Cr., marking an increase of 22.00 Cr..
- For Total Assets, as of Mar 2025, the value is 311.00 Cr.. The value appears strong and on an upward trend. It has increased from 285.00 Cr. (Mar 2024) to 311.00 Cr., marking an increase of 26.00 Cr..
Notably, the Reserves (202.00 Cr.) exceed the Borrowings (32.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -28.00 | -16.00 | -9.00 | -14.00 | -12.00 | 4.00 | -12.00 | -8.00 | 3.00 | 12.00 | 24.00 | 13.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | 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 | 81 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 86 | 75 | 71 | 79 | 68 | 68 | 67 | 62 | 79 | 91 | 78 | 81 |
| Working Capital Days | 11 | 14 | 26 | 24 | 20 | 33 | 9 | 13 | 47 | 52 | 88 | 102 |
| ROCE % | 10% | 14% | 19% | 15% | 15% | 24% | 14% | 12% | 23% | 10% | 22% | 16% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 11.97 | 15.13 | 5.17 | 12.62 | 4.52 |
| Diluted EPS (Rs.) | 11.81 | 14.81 | 5.05 | 12.17 | 4.35 |
| Cash EPS (Rs.) | 17.84 | 20.82 | 10.97 | 15.34 | 10.88 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 98.87 | 91.98 | 77.94 | 74.09 | 45.57 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 98.87 | 91.98 | 77.94 | 74.09 | 45.57 |
| Revenue From Operations / Share (Rs.) | 216.58 | 209.77 | 197.68 | 139.54 | 147.11 |
| PBDIT / Share (Rs.) | 22.88 | 26.41 | 14.65 | 19.50 | 13.82 |
| PBIT / Share (Rs.) | 16.98 | 20.65 | 8.83 | 14.91 | 7.43 |
| PBT / Share (Rs.) | 16.00 | 20.05 | 8.08 | 14.45 | 6.00 |
| Net Profit / Share (Rs.) | 11.94 | 15.06 | 5.15 | 10.76 | 4.49 |
| NP After MI And SOA / Share (Rs.) | 11.94 | 15.06 | 5.15 | 10.76 | 4.49 |
| PBDIT Margin (%) | 10.56 | 12.58 | 7.41 | 13.97 | 9.39 |
| PBIT Margin (%) | 7.84 | 9.84 | 4.46 | 10.68 | 5.04 |
| PBT Margin (%) | 7.38 | 9.55 | 4.08 | 10.35 | 4.08 |
| Net Profit Margin (%) | 5.51 | 7.17 | 2.60 | 7.70 | 3.05 |
| NP After MI And SOA Margin (%) | 5.51 | 7.17 | 2.60 | 7.70 | 3.05 |
| Return on Networth / Equity (%) | 12.07 | 16.37 | 6.60 | 14.51 | 9.85 |
| Return on Capital Employeed (%) | 14.97 | 19.84 | 10.52 | 18.11 | 14.22 |
| Return On Assets (%) | 8.63 | 11.82 | 4.73 | 10.32 | 5.32 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 |
| Asset Turnover Ratio (%) | 1.64 | 1.79 | 1.87 | 1.33 | 1.36 |
| Current Ratio (X) | 3.87 | 3.76 | 3.01 | 3.07 | 1.73 |
| Quick Ratio (X) | 3.87 | 3.76 | 3.01 | 3.07 | 1.73 |
| Dividend Payout Ratio (NP) (%) | 41.73 | 19.78 | 57.88 | 22.15 | 33.14 |
| Dividend Payout Ratio (CP) (%) | 27.92 | 14.31 | 27.16 | 15.53 | 13.67 |
| Earning Retention Ratio (%) | 58.27 | 80.22 | 42.12 | 77.85 | 66.86 |
| Cash Earning Retention Ratio (%) | 72.08 | 85.69 | 72.84 | 84.47 | 86.33 |
| Interest Coverage Ratio (X) | 23.36 | 44.35 | 19.64 | 42.70 | 9.72 |
| Interest Coverage Ratio (Post Tax) (X) | 13.18 | 26.29 | 7.90 | 24.55 | 4.16 |
| Enterprise Value (Cr.) | 546.16 | 966.26 | 595.40 | 733.46 | 170.73 |
| EV / Net Operating Revenue (X) | 1.11 | 2.05 | 1.35 | 2.39 | 0.71 |
| EV / EBITDA (X) | 10.52 | 16.25 | 18.22 | 17.08 | 7.56 |
| MarketCap / Net Operating Revenue (X) | 1.16 | 2.11 | 1.46 | 2.58 | 0.76 |
| Retention Ratios (%) | 58.26 | 80.21 | 42.11 | 77.84 | 66.85 |
| Price / BV (X) | 2.55 | 4.82 | 3.70 | 4.86 | 2.48 |
| Price / Net Operating Revenue (X) | 1.16 | 2.11 | 1.46 | 2.58 | 0.76 |
| EarningsYield | 0.04 | 0.03 | 0.01 | 0.02 | 0.03 |
After reviewing the key financial ratios for Onward Technologies Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 11.97. This value is within the healthy range. It has decreased from 15.13 (Mar 24) to 11.97, marking a decrease of 3.16.
- For Diluted EPS (Rs.), as of Mar 25, the value is 11.81. This value is within the healthy range. It has decreased from 14.81 (Mar 24) to 11.81, marking a decrease of 3.00.
- For Cash EPS (Rs.), as of Mar 25, the value is 17.84. This value is within the healthy range. It has decreased from 20.82 (Mar 24) to 17.84, marking a decrease of 2.98.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 98.87. It has increased from 91.98 (Mar 24) to 98.87, marking an increase of 6.89.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 98.87. It has increased from 91.98 (Mar 24) to 98.87, marking an increase of 6.89.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 216.58. It has increased from 209.77 (Mar 24) to 216.58, marking an increase of 6.81.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 22.88. This value is within the healthy range. It has decreased from 26.41 (Mar 24) to 22.88, marking a decrease of 3.53.
- For PBIT / Share (Rs.), as of Mar 25, the value is 16.98. This value is within the healthy range. It has decreased from 20.65 (Mar 24) to 16.98, marking a decrease of 3.67.
- For PBT / Share (Rs.), as of Mar 25, the value is 16.00. This value is within the healthy range. It has decreased from 20.05 (Mar 24) to 16.00, marking a decrease of 4.05.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 11.94. This value is within the healthy range. It has decreased from 15.06 (Mar 24) to 11.94, marking a decrease of 3.12.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.94. This value is within the healthy range. It has decreased from 15.06 (Mar 24) to 11.94, marking a decrease of 3.12.
- For PBDIT Margin (%), as of Mar 25, the value is 10.56. This value is within the healthy range. It has decreased from 12.58 (Mar 24) to 10.56, marking a decrease of 2.02.
- For PBIT Margin (%), as of Mar 25, the value is 7.84. This value is below the healthy minimum of 10. It has decreased from 9.84 (Mar 24) to 7.84, marking a decrease of 2.00.
- For PBT Margin (%), as of Mar 25, the value is 7.38. This value is below the healthy minimum of 10. It has decreased from 9.55 (Mar 24) to 7.38, marking a decrease of 2.17.
- For Net Profit Margin (%), as of Mar 25, the value is 5.51. This value is within the healthy range. It has decreased from 7.17 (Mar 24) to 5.51, marking a decrease of 1.66.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.51. This value is below the healthy minimum of 8. It has decreased from 7.17 (Mar 24) to 5.51, marking a decrease of 1.66.
- For Return on Networth / Equity (%), as of Mar 25, the value is 12.07. This value is below the healthy minimum of 15. It has decreased from 16.37 (Mar 24) to 12.07, marking a decrease of 4.30.
- For Return on Capital Employeed (%), as of Mar 25, the value is 14.97. This value is within the healthy range. It has decreased from 19.84 (Mar 24) to 14.97, marking a decrease of 4.87.
- For Return On Assets (%), as of Mar 25, the value is 8.63. This value is within the healthy range. It has decreased from 11.82 (Mar 24) to 8.63, marking a decrease of 3.19.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.64. It has decreased from 1.79 (Mar 24) to 1.64, marking a decrease of 0.15.
- For Current Ratio (X), as of Mar 25, the value is 3.87. This value exceeds the healthy maximum of 3. It has increased from 3.76 (Mar 24) to 3.87, marking an increase of 0.11.
- For Quick Ratio (X), as of Mar 25, the value is 3.87. This value exceeds the healthy maximum of 2. It has increased from 3.76 (Mar 24) to 3.87, marking an increase of 0.11.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 41.73. This value is within the healthy range. It has increased from 19.78 (Mar 24) to 41.73, marking an increase of 21.95.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 27.92. This value is within the healthy range. It has increased from 14.31 (Mar 24) to 27.92, marking an increase of 13.61.
- For Earning Retention Ratio (%), as of Mar 25, the value is 58.27. This value is within the healthy range. It has decreased from 80.22 (Mar 24) to 58.27, marking a decrease of 21.95.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 72.08. This value exceeds the healthy maximum of 70. It has decreased from 85.69 (Mar 24) to 72.08, marking a decrease of 13.61.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 23.36. This value is within the healthy range. It has decreased from 44.35 (Mar 24) to 23.36, marking a decrease of 20.99.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 13.18. This value is within the healthy range. It has decreased from 26.29 (Mar 24) to 13.18, marking a decrease of 13.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 546.16. It has decreased from 966.26 (Mar 24) to 546.16, marking a decrease of 420.10.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.11. This value is within the healthy range. It has decreased from 2.05 (Mar 24) to 1.11, marking a decrease of 0.94.
- For EV / EBITDA (X), as of Mar 25, the value is 10.52. This value is within the healthy range. It has decreased from 16.25 (Mar 24) to 10.52, marking a decrease of 5.73.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.16. This value is within the healthy range. It has decreased from 2.11 (Mar 24) to 1.16, marking a decrease of 0.95.
- For Retention Ratios (%), as of Mar 25, the value is 58.26. This value is within the healthy range. It has decreased from 80.21 (Mar 24) to 58.26, marking a decrease of 21.95.
- For Price / BV (X), as of Mar 25, the value is 2.55. This value is within the healthy range. It has decreased from 4.82 (Mar 24) to 2.55, marking a decrease of 2.27.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.16. This value is within the healthy range. It has decreased from 2.11 (Mar 24) to 1.16, marking a decrease of 0.95.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Onward Technologies Ltd:
- Net Profit Margin: 5.51%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 14.97% (Industry Average ROCE: 14.92%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 12.07% (Industry Average ROE: 20.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 13.18
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 3.87
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 16.7 (Industry average Stock P/E: 142.81)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.51%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | Sterling Centre, 2nd Floor, Dr. A B Road, Mumbai Maharashtra 400018 | investors@onwardgroup.com http://www.onwardgroup.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Harish Mehta | Founder & Executive Chairman |
| Mr. Jigar Mehta | Managing Director |
| Mr. Harsha Raghavan | Non Exe.Non Ind.Director |
| Ms. Niranjani Chandramouli | Ind. Non-Executive Director |
| Mr. Jai Diwanji | Ind. Non-Executive Director |
| Mr. Dhanpal Jhaveri | Ind. Non-Executive Director |
| Mr. Jay Sonawala | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Onward Technologies Ltd?
Onward Technologies Ltd's intrinsic value (as of 05 November 2025) is 173.17 which is 42.47% lower the current market price of 301.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 685 Cr. market cap, FY2025-2026 high/low of 385/206, reserves of ₹202 Cr, and liabilities of 311 Cr.
What is the Market Cap of Onward Technologies Ltd?
The Market Cap of Onward Technologies Ltd is 685 Cr..
What is the current Stock Price of Onward Technologies Ltd as on 05 November 2025?
The current stock price of Onward Technologies Ltd as on 05 November 2025 is 301.
What is the High / Low of Onward Technologies Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Onward Technologies Ltd stocks is 385/206.
What is the Stock P/E of Onward Technologies Ltd?
The Stock P/E of Onward Technologies Ltd is 16.7.
What is the Book Value of Onward Technologies Ltd?
The Book Value of Onward Technologies Ltd is 102.
What is the Dividend Yield of Onward Technologies Ltd?
The Dividend Yield of Onward Technologies Ltd is 1.66 %.
What is the ROCE of Onward Technologies Ltd?
The ROCE of Onward Technologies Ltd is 15.6 %.
What is the ROE of Onward Technologies Ltd?
The ROE of Onward Technologies Ltd is 12.5 %.
What is the Face Value of Onward Technologies Ltd?
The Face Value of Onward Technologies Ltd is 10.0.