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Onward Technologies Ltd

(ONWARDTEC)

₹336.454.7%

as on 04:01PM, 24 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Onward Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹318.4
    Day's Price Range
    ₹349.9
  • 52 Week's Low

    52 Week's High

    ₹303.9
    52-Week Price Range
    ₹710.85
1 Month Return+ 5.9 %
3 Month Return-19.62 %
1 Year Return-46.44 %
Previous Close₹321.35
Open₹320.80
Volume1.93L
Upper Circuit-
Lower Circuit-
Market Cap₹762.79Cr

Onward Technologies Ltd Key Statistics

P/E Ratio31.44
PEG Ratio-11.23
Market Cap₹762.79 Cr
P/B Ratio5.32
EPS15.06
Dividend Yield1.13
SectorIT - Software
ROE15.9

Onward Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹762.79 Cr84.81%0.57₹33 Cr₹472 Cr
NA₹203.63 Cr25.37%0.52-₹14 Cr₹6 Cr
NA₹262.33 Cr42.53%0.51₹15 Cr₹91 Cr
BUY₹24,986.99 Cr91.6%0.50₹297 Cr₹1,842 Cr
BUY₹22,483.87 Cr306.07%0.54₹251 Cr₹1,243 Cr

About Onward Technologies Ltd

Onward Technologies Limited is a leading global engineering and IT services company providing integrated product development solutions. Founded in 1991, the company offers a wide range of services from mechanical engineering, embedded systems development and mobile software solutions to enterprise software development, data analytics, digital transformation, robotic process automation and managed services. In 1994, it acquired the business lines of erstwhile group companies and converted into a public limited company and made a public offering at a premium of Rs. 40/ per share. In 1995, the company secured a strategic partnership with Structural Dynamics Research Corporation and in 1997, it closed its system integration division to focus more on professional services and solutions business. In 2000, Onward Technologies signed a Global Partnership Agreement with Novell Inc. and opened a development centre in Pune for the Professional Services and Solutions Division. In 2001, it set up a wholly-owned subsidiary in Germany and in 2002 established 2 software development centers. In 2008, the company underwent restructuring and focused mainly on Mechanical Engineering Design Services and IT Consulting Services. In 2015, it completed a major CFD project and in 2021 secured the approval of a Scheme of Merger and acquired OT Park as its wholly owned subsidiary. Additionally, the company incorporated Onward Technologies Canada Inc. and Onward Technologies BV in Toronto, Canada and the Netherlands respectively. With its 25 years of experience and expertise, Onward Technologies strives to provide end-to-end product development solutions and services to its many Fortune 1000 clients.

Share Price: ₹336.45 per share as on 24 Dec, 2024 04:01 PM
Market Capitalisation: ₹762.79Cr as of today
Revenue: ₹123.04Cr as on September 2024 (Q3 24)
Net Profit: ₹3.54Cr as on September 2024 (Q3 24)
Listing date: 23 Aug, 1995
Chairperson Name: Harish Shantilal Mehta
OrganisationOnward Technologies Ltd
Headquarters
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Onward Technologies Ltd

  • Onward Tech Reports Decline in Profit Despite Sales Growth - 22 Oct, 2024

    Onward Technologies reported a 2.33% increase in net sales to Rs 123.04 crore for September 2024. However, net profit fell 62.99% to Rs 3.54 crore, and EBITDA decreased by 42.06%. The stock has seen significant declines over the past year.
  • Onward Tech Reports Mixed Financial Results for Q3 2024 - 21 Oct, 2024

    Onward Technologies reported a 9.93% increase in net sales to Rs 95.73 crore for September 2024. However, net profit fell 28.44% to Rs 5.72 crore, and EBITDA decreased by 17.23%. The stock has seen significant declines, with -20.62% returns over the last 6 months and -30.73% over the last year.
  • Onward Technologies Reports Q2 Earnings Decline - 18 Oct, 2024

    Onward Technologies Limited reported Q2 earnings with sales of INR 1,230.41 million, a slight increase year-over-year, but net income fell to INR 35.42 million from INR 95.7 million. For the six months, net income also decreased significantly compared to the previous year.

Insights on Onward Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 119.42 Cr → 124.61 Cr (in ₹), with an average increase of 4.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.64% to 8.97% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 30.1% return, outperforming this stock by 76.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 49.7% return, outperforming this stock by 33.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 38.02% to 37.94% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, ONWARDTEC stock has moved down by -46.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 52.75% to 45.71% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.07% to 4.06% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 7.09 Cr → 3.54 Cr (in ₹), with an average decrease of 50.1% per quarter

Onward Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹120.24Cr (-)₹114.09Cr (↓5.11%)₹118.44Cr (↑3.81%)₹117.60Cr (↓0.71%)₹123.04Cr (↑4.63%)
Net Income₹9.57Cr (-)₹6.79Cr (↓29.05%)₹6.68Cr (↓1.62%)₹7.09Cr (↑6.14%)₹3.54Cr (↓50.07%)
Net Profit Margin7.96% (-)5.95% (↓25.25%)5.64% (↓5.21%)6.03% (↑6.91%)2.88% (↓52.24%)
Value in ₹ crore
Details2021202220232024
Total Assets₹117.22Cr (-)₹214.52Cr (↑83.01%)₹221.80Cr (↑3.39%)₹262.17Cr (↑18.20%)
Total Liabilities₹43.58Cr (-)₹66.35Cr (↑52.25%)₹60.50Cr (↓8.82%)₹74.62Cr (↑23.34%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹29.72Cr (-)₹26.68Cr (↓10.23%)₹4.08Cr (↓84.71%)₹3.93Cr (↓3.68%)₹66.99Cr (↑1,604.58%)

Index Inclusions

BSE Small-Cap

₹55,023.17

0.37 (205.26%)

BSE IT Sector

₹43,507.76

-0.28 (-123.94%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Onward Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
37.94%
-0.21
Foreign Institutions
8.97%
447.49
Mutual Funds
4.06%
-0.38
Retail Investors
45.71%
-13.35
Others
3.33%
-5.43

Onward Technologies Ltd Key Indicators

Details20202021202220232024
Return On Equity %8.8318.758.410.5315.9
Details20202021202220232024
Return On Assets %5.296.2611.045.1812.94
Details20202021202220232024
Book Value Per Share (₹)42.3945.5774.0977.9491.98
Details20202021202220232024
Earning Per Share (₹)3.894.4910.765.1515.06

Onward Technologies Ltd Valuation

Onward Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.21x)

March 23, 2020

Today (31.44x)

December 24, 2024

Industry (40.49x)

December 24, 2024

Highest (101.77x)

March 16, 2021

LowHigh

Onward Technologies Ltd Earnings and Dividends

  • Onward Technologies Ltd Earnings Results

    Onward Technologies Ltd’s net profit fell -63.01% since last year same period to ₹3.54Cr in the Q2 2024-2025. On a quarterly growth basis, Onward Technologies Ltd has generated -50.07% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Onward Technologies Ltd Dividends May,2024

    In the quarter ending March 2024, Onward Technologies Ltd has declared dividend of ₹5 - translating a dividend yield of 1.49%.

    Read More about Dividends

Onward Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Onward Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Onward Technologies Ltd (ONWARDTEC) share price today is ₹336.45

Onward Technologies Ltd is listed on NSE

Onward Technologies Ltd is listed on BSE

  • Today’s highest price of Onward Technologies Ltd is ₹349.9.
  • Today’s lowest price of Onward Technologies Ltd is ₹318.4.

PE Ratio of Onward Technologies Ltd is 31.44

PE ratio = Onward Technologies Ltd Market price per share / Onward Technologies Ltd Earnings per share

Today’s traded volume of Onward Technologies Ltd(ONWARDTEC) is 1.93L.

Today’s market capitalisation of Onward Technologies Ltd(ONWARDTEC) is ₹762.79Cr.

Onward Technologies Ltd(ONWARDTECPrice
52 Week High
₹710.85
52 Week Low
₹303.9

Onward Technologies Ltd(ONWARDTEC) share price is ₹336.45. It is down -52.67% from its 52 Week High price of ₹710.85

Onward Technologies Ltd(ONWARDTEC) share price is ₹336.45. It is up 10.71% from its 52 Week Low price of ₹303.9

Onward Technologies Ltd(ONWARDTECReturns
1 Day Returns
15.1%
1 Month Returns
5.9%
3 Month Returns
-19.62%
1 Year Returns
-46.44%