Share Price and Basic Stock Data
Last Updated: January 2, 2026, 8:04 pm
| PEG Ratio | 1.53 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Onward Technologies Ltd operates within the IT Consulting and Software industry, with its share price currently standing at ₹304 and a market capitalization of ₹691 Cr. The company has demonstrated a notable increase in sales, which recorded ₹441 Cr for the fiscal year ending March 2023, up from ₹307 Cr in March 2022. For the fiscal year ending March 2024, sales are reported to rise to ₹472 Cr, continuing the upward trend. The quarterly sales figures show slight fluctuations, with a peak of ₹121 Cr in March 2023, followed by a marginal decline to ₹120 Cr in both June and September 2023. Overall, the revenue trajectory suggests a positive growth trend, albeit with some volatility in the short term, indicating resilience in the face of market challenges. The company has diversified revenue streams, which is critical in the IT sector, where adaptability is key to sustaining growth in a competitive landscape.
Profitability and Efficiency Metrics
Onward Technologies Ltd reported a net profit of ₹41 Cr for the fiscal year ending March 2023, which is a significant increase from ₹24 Cr in March 2022. The operating profit margin (OPM) stood at 7% for FY 2023, with a notable increase to 11% for FY 2024. This improvement reflects better cost management and operational efficiency. The interest coverage ratio (ICR) is particularly strong at 23.36x, indicating that the company comfortably meets its interest obligations, a vital indicator of financial health. However, the return on equity (ROE) is at 12.5%, slightly lower than the industry average, which typically hovers around 15-20%, suggesting room for improvement in shareholder returns. The company’s cash conversion cycle (CCC) of 81 days indicates effective management of receivables and payables, although it remains slightly higher than the ideal range of 60 days, which could be optimized further to enhance liquidity.
Balance Sheet Strength and Financial Ratios
The balance sheet of Onward Technologies Ltd reveals a solid financial position with total assets amounting to ₹311 Cr as of March 2025, supported by reserves of ₹210 Cr and borrowings of ₹39 Cr. The company’s equity capital stood at ₹23 Cr, indicating a robust equity base. The total debt-to-equity ratio is notably low at 0.00, suggesting minimal reliance on debt financing, which is a strength in terms of financial stability. The book value per share is ₹98.87, reflecting a healthy valuation relative to its current market price of ₹304, giving a price-to-book value (P/BV) ratio of 2.55x. This indicates that the market values the company significantly higher than its book value, which may reflect investor confidence in its future growth prospects. Moreover, the working capital days reported at 102 days highlight a potential area for improvement in cash management, as it is above the typical industry range.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Onward Technologies Ltd indicates a diversified ownership structure with promoters holding 39.02% of the company. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold 9.21% and 4.00%, respectively, showcasing a growing interest from institutional players. The public shareholding constitutes 46.90%, indicating a healthy level of retail investor participation. Over the past year, promoter holding has seen a decline from 45.43% in December 2022 to the current level, which may raise concerns about insider confidence; however, the influx of institutional investment suggests a counterbalancing factor. The total number of shareholders has increased to 22,267, reflecting growing retail interest. This mix of ownership can be beneficial for the company, as it enhances liquidity and can provide stability to the stock price.
Outlook, Risks, and Final Insight
Onward Technologies Ltd is well-positioned for future growth, bolstered by a strong revenue trajectory and healthy profitability metrics. However, risks such as fluctuating market conditions and increasing competition in the IT sector could impact performance. The company’s reliance on operational efficiency is crucial to maintain its margins amid rising costs. Additionally, the high cash conversion cycle may pose liquidity challenges if not addressed. If Onward Technologies successfully optimizes its operational processes and manages to enhance its ROE, it could significantly improve shareholder value. Conversely, any failure to adapt to market changes or manage operational efficiencies could hinder growth. Overall, while the company’s fundamentals appear solid, its ability to navigate industry dynamics and improve its financial ratios will be critical to sustaining its growth momentum.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| 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 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 59.2 Cr. | 18.7 | 18.7/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 149 Cr. | 138 | 194/99.8 | 22.8 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 38.3 Cr. | 299 | 310/140 | 27.4 | 26.7 | 0.33 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.71 Cr. | 1.06 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,271.35 Cr | 554.45 | 88.36 | 123.78 | 0.55% | 14.88% | 20.92% | 6.84 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 110 | 116 | 121 | 120 | 120 | 114 | 118 | 118 | 123 | 123 | 127 | 133 | 139 |
| Expenses | 107 | 109 | 106 | 103 | 105 | 103 | 109 | 106 | 115 | 112 | 113 | 116 | 119 |
| Operating Profit | 3 | 7 | 15 | 17 | 15 | 11 | 10 | 12 | 8 | 11 | 14 | 17 | 20 |
| OPM % | 3% | 6% | 13% | 14% | 13% | 9% | 8% | 10% | 6% | 9% | 11% | 13% | 14% |
| Other Income | 1 | 1 | 0 | 0 | 1 | 3 | 3 | 2 | 2 | 1 | 3 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 |
| Profit before tax | 0 | 4 | 12 | 14 | 13 | 10 | 9 | 10 | 6 | 8 | 13 | 16 | 16 |
| Tax % | -18% | 36% | 41% | 19% | 25% | 31% | 26% | 27% | 37% | 29% | 17% | 20% | 25% |
| Net Profit | 1 | 2 | 7 | 11 | 10 | 7 | 7 | 7 | 4 | 6 | 10 | 13 | 12 |
| EPS in Rs | 0.26 | 1.11 | 3.25 | 4.86 | 4.27 | 3.02 | 2.97 | 3.14 | 1.56 | 2.66 | 4.59 | 5.60 | 5.25 |
Last Updated: December 29, 2025, 6:04 pm
Below is a detailed analysis of the quarterly data for Onward Technologies Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 139.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Jun 2025) to 139.00 Cr., marking an increase of 6.00 Cr..
- For Expenses, as of Sep 2025, the value is 119.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 116.00 Cr. (Jun 2025) to 119.00 Cr., marking an increase of 3.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Jun 2025) to 20.00 Cr., marking an increase of 3.00 Cr..
- For OPM %, as of Sep 2025, the value is 14.00%. The value appears strong and on an upward trend. It has increased from 13.00% (Jun 2025) to 14.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Jun 2025) to 1.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 1.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Jun 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Jun 2025) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 16.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 16.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 20.00% (Jun 2025) to 25.00%, marking an increase of 5.00%.
- For Net Profit, as of Sep 2025, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Jun 2025) to 12.00 Cr., marking a decrease of 1.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 5.25. The value appears to be declining and may need further review. It has decreased from 5.60 (Jun 2025) to 5.25, marking a decrease of 0.35.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:52 am
| 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 | 523 |
| Expenses | 158 | 177 | 184 | 212 | 233 | 239 | 248 | 223 | 286 | 412 | 420 | 447 | 461 |
| Operating Profit | 9 | 13 | 14 | 11 | 11 | 22 | 23 | 17 | 22 | 29 | 52 | 45 | 62 |
| OPM % | 5% | 7% | 7% | 5% | 5% | 9% | 9% | 7% | 7% | 7% | 11% | 9% | 12% |
| Other Income | 1 | 1 | 2 | 3 | 5 | 1 | 1 | 5 | 21 | 3 | 7 | 7 | 7 |
| Interest | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 1 | 2 | 3 |
| Depreciation | 4 | 5 | 4 | 4 | 5 | 6 | 11 | 10 | 10 | 13 | 13 | 13 | 14 |
| Profit before tax | 3 | 5 | 8 | 7 | 8 | 15 | 10 | 10 | 32 | 18 | 45 | 36 | 53 |
| 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 | 41 |
| 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 | 18.10 |
| 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: December 10, 2025, 3:11 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 22 | 22 | 23 | 23 | 23 |
| Reserves | 12 | 17 | 21 | 27 | 34 | 45 | 52 | 58 | 141 | 152 | 185 | 202 | 210 |
| Borrowings | 37 | 29 | 23 | 25 | 23 | 18 | 35 | 25 | 19 | 17 | 28 | 32 | 39 |
| Other Liabilities | 23 | 27 | 31 | 22 | 28 | 27 | 33 | 38 | 45 | 50 | 50 | 54 | 70 |
| Total Liabilities | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 | 311 | 341 |
| Fixed Assets | 12 | 12 | 11 | 18 | 16 | 15 | 28 | 30 | 57 | 54 | 63 | 65 | 84 |
| CWIP | 0 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | 1 | 2 | -0 |
| Investments | -0 | -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 | 257 |
| Total Assets | 86 | 88 | 91 | 90 | 100 | 106 | 135 | 138 | 227 | 240 | 285 | 311 | 341 |
Below is a detailed analysis of the balance sheet data for Onward Technologies Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 23.00 Cr..
- For Reserves, as of Sep 2025, the value is 210.00 Cr.. The value appears strong and on an upward trend. It has increased from 202.00 Cr. (Mar 2025) to 210.00 Cr., marking an increase of 8.00 Cr..
- For Borrowings, as of Sep 2025, the value is 39.00 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 32.00 Cr. (Mar 2025) to 39.00 Cr., marking an increase of 7.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 70.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 54.00 Cr. (Mar 2025) to 70.00 Cr., marking an increase of 16.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 341.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 311.00 Cr. (Mar 2025) to 341.00 Cr., marking an increase of 30.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 84.00 Cr.. The value appears strong and on an upward trend. It has increased from 65.00 Cr. (Mar 2025) to 84.00 Cr., marking an increase of 19.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 257.00 Cr.. The value appears strong and on an upward trend. It has increased from 244.00 Cr. (Mar 2025) to 257.00 Cr., marking an increase of 13.00 Cr..
- For Total Assets, as of Sep 2025, the value is 341.00 Cr.. The value appears strong and on an upward trend. It has increased from 311.00 Cr. (Mar 2025) to 341.00 Cr., marking an increase of 30.00 Cr..
Notably, the Reserves (210.00 Cr.) exceed the Borrowings (39.00 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
| 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
| 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% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| ICICI Prudential Technology Fund | 442,990 | 0.08 | 12.56 | N/A | N/A | N/A |
| WhiteOak Capital Flexi Cap Fund | 177,132 | 0.07 | 5.02 | 195,767 | 2025-12-15 00:59:54 | -9.52% |
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: 14.88%)
- 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: 20.92%)
- 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: 16.8 (Industry average Stock P/E: 88.36)
- 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 | Contact not found |
| 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 January 2026) is ₹174.19 which is 42.70% lower the current market price of ₹304.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹691 Cr. market cap, FY2025-2026 high/low of ₹385/206, reserves of ₹210 Cr, and liabilities of ₹341 Cr.
What is the Market Cap of Onward Technologies Ltd?
The Market Cap of Onward Technologies Ltd is 691 Cr..
What is the current Stock Price of Onward Technologies Ltd as on 05 January 2026?
The current stock price of Onward Technologies Ltd as on 05 January 2026 is ₹304.
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 16.8.
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 1.65 %.
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.