Market Data
Market Cap₹634.26 Cr.
52W High₹354
Current Price₹285.15
52W Low₹207.65
Down from 52W High19.4 %
Face Value₹10
Performance
ROCE23.26 %
ROE16.87 %
EPS (TTM)₹5
EPS Prev Qtr₹4.26
EPS Last Year₹5.26
EBITDA Qtr₹13.73 Cr.
Book Value₹114
Financial Health
Debt/Equity0
Debt/Profit0
Total Assets₹370.568 Cr.
Dividend Yield2.81 %
Promoter Holding39.97 %
Earning Power15.06 %
Valuation
Stock P/E14.99
Industry P/E22.345
Price to Book2.5
Price to Sales1.13
Graham Number₹220.93
Key Metrics
Face Value
₹10
About Onward Technologies Ltd
Information Technology · IT - Software
Onward Technologies Ltd is listed on NSE in the Information Technology / IT - Software sector. Face value ₹10. Market cap ₹634.26 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a healthy ROCE of 23.26%, indicating efficient use of capital.
- The company boasts a ROE of 16.87%, reflecting strong returns on shareholder equity.
- With a debt-to-equity ratio of 0, the company is free from financial leverage risks.
- The company offers a dividend yield of 2.88%, providing income to investors.
- The promoter holding stands at 39.97%, indicating significant management control and alignment of interests.
Weaknesses
- The P/E ratio of 14.62 may be considered relatively high compared to industry peers.
- The P/B ratio of 2.44 suggests that the market values the company at a premium over its book value.
- Net profit of ₹42.76 Cr is relatively low compared to the revenue of ₹560.14 Cr, indicating potential efficiency concerns.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Ltd | - | 14.79 | ₹7,36,642.62 Cr | 5.4% | ₹50,055 Cr | - | ₹2,75,859 Cr | - | 63.18% | 0 |
| Infosys Ltd | - | 13.56 | ₹4,07,989.55 Cr | 4.77% | ₹30,325 Cr | - | ₹1,84,582 Cr | - | 44.92% | 0 |
| HCL Technologies Ltd | - | 19.03 | ₹3,32,423.97 Cr | 4.41% | ₹17,434 Cr | - | ₹1,34,374 Cr | - | 31.55% | 0 |
| Wipro Ltd | - | 12.44 | ₹1,55,485.73 Cr | 7.01% | ₹13,285.3 Cr | - | ₹94,968 Cr | - | 18.12% | 0.19 |
| Tech Mahindra Ltd | - | 26.24 | ₹1,49,008.01 Cr | 3.35% | ₹5,163 Cr | - | ₹59,176.1 Cr | - | 24.82% | 0 |
| LTM Ltd | - | 22.66 | ₹1,18,618.87 Cr | 1.33% | ₹5,196.7 Cr | - | ₹44,075 Cr | - | 30.48% | 0 |
| Oracle Financial Services Software Ltd | - | 26.52 | ₹90,555.02 Cr | 2.6% | ₹3,412.9 Cr | - | ₹8,945.1 Cr | - | 60.32% | 0 |
| Persistent Systems Ltd | - | 42.26 | ₹82,116.76 Cr | 0.77% | ₹1,923.22 Cr | - | ₹15,718.1 Cr | - | 32.71% | 0 |
| Coforge Ltd | - | 34.96 | ₹76,187.09 Cr | 0.23% | ₹1,920 Cr | - | ₹18,195.4 Cr | - | 25.61% | 0.04 |
| Mphasis Ltd | - | 21.83 | ₹41,764.95 Cr | 2.83% | ₹1,910.41 Cr | - | ₹16,531.21 Cr | - | 22.28% | 0.17 |
| L&T Technology Services Ltd | - | 24.8 | ₹32,753.98 Cr | 1.3% | ₹1,322.1 Cr | - | ₹11,564.7 Cr | - | 28.08% | 0 |
| Inventurus Knowledge Solutions Ltd | - | 39.01 | ₹30,549.46 Cr | - | ₹763.76 Cr | - | ₹3,347.32 Cr | - | 29.74% | 0.23 |
| Hexaware Technologies Ltd | - | 21.85 | ₹29,454.03 Cr | 2.39% | ₹1,343.3 Cr | - | ₹14,420 Cr | - | 29.37% | 0 |
| Tata Technologies Ltd | - | 50.13 | ₹27,926.21 Cr | 1.7% | ₹557.06 Cr | - | ₹5,925.91 Cr | - | 21.28% | 0.21 |
| Affle 3i Ltd | - | 44.15 | ₹21,148.32 Cr | - | ₹477.78 Cr | - | ₹2,835.73 Cr | - | 19.46% | 0.03 |
| Sagility Ltd | - | 20.19 | ₹20,036.09 Cr | 0.35% | ₹993.03 Cr | - | ₹7,617.39 Cr | - | 13.77% | 0.06 |
| Tata Elxsi Ltd | - | 96.15 | ₹19,623.58 Cr | 0.35% | ₹102.02 Cr | - | ₹849.41 Cr | - | 54.73% | 0 |
| Firstsource Solutions Ltd | - | 25.7 | ₹17,393.41 Cr | 2.2% | ₹671.01 Cr | - | ₹10,063.62 Cr | - | 16.54% | 0.44 |
| eClerx Services Ltd | - | 14.99 | ₹16,660.14 Cr | 0.06% | ₹729.16 Cr | - | ₹4,334.83 Cr | - | 41.1% | 0 |
| ESDS Software Solution Ltd | - | - | ₹15,931.71 Cr | - | - | - | - | - | - | 0.08 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 138.97 | 134.62 | 137.12 | 149.43 |
| ↳ QoQ Growth | - | -3.1% | +1.9% | +9.0% |
| Expenses | 123.31 | 119.13 | 126.17 | 135.7 |
| Operating Profit | 15.66 | 15.48 | 10.94 | 13.73 |
| OPM % | 11.27% | 11.5% | 7.98% | 9.19% |
| Other Income | 1.13 | 1.52 | 1.92 | 1.73 |
| Interest | 0.96 | 0.71 | 0.71 | 0.68 |
| Depreciation | 4.21 | 4.04 | 4.36 | 4.64 |
| EBITDA | 19.87 | 19.52 | 15.3 | 18.37 |
| EBITDA Margin % | 14.3% | 14.5% | 11.16% | 12.29% |
| Profit Before Tax | 15.83 | 13.14 | 12.15 | 14.78 |
| Tax % | 24.57% | 23.14% | 21.4% | 24.42% |
| Net Profit | 11.94 | 10.1 | 9.55 | 11.17 |
| ↳ QoQ Growth | - | -15.4% | -5.4% | +17.0% |
| EPS | 5.26 | 4.5 | 4.26 | 5 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 22.69 | 22.4442 |
| Reserves | 201.62 | 231.0628 |
| Borrowings | 32.16 | 0 |
| Other Liabilities | 57.29 | 117.06 |
| Total Liabilities | 313.76 | 370.5682 |
| Fixed Assets | 62.51 | 88.8648 |
| CWIP | 0.29 | 0.0171 |
| Investments | 0 | 0 |
| Other Assets | 250.96 | 281.69 |
| Total Assets | 313.76 | 370.5682 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 65.0773 |
| Cash from Investing Activity | -21.5834 |
| Cash from Financing Activity | -31.3204 |
| Net Cash Flow | 12.1735 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 39.02% | 39.09% | 39.07% | 39.97% |
| FIIs % | 9.21% | 9.4% | 9.83% | 9.32% |
| DIIs % | 4% | 2.9% | 3.53% | 1.8% |
| Public % | 30.99% | 31.71% | 31.24% | 32.07% |
| No. of Shareholders | 22,267 | 22,254 | 20,829 | 22,336 |
Major Shareholders (>1%)
- Jhm Enterprises Private LimitedPromoter and Promoter Group35.29%
- Infinity Direct HoldingsPublic Shareholding8.55%
- Infinity Portfolio HoldingsPublic Shareholding8.29%
- Jigar Harish MehtaPromoter and Promoter Group1.80%
As of 2026-06-30View all shareholders →