Onward Technologies

₹377.30As of Sun 8 Nov 2026, 12:00 UTC

NSE:ONWARDTECTechnology

Country India

PE (Fwd) 16.05

TSR 10Y CAGR 19.88%

Div yield 2.12%

ROE —

Information Technology Services

Beta (5Y) 0.85

PE TTM 19.32

TSR TTM 21.44%

Mkt cap ₹8.887B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹418

10.80%

(61.67%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

5.439

Revenue₹B

—

3.073

4.409

4.724

4.913

5.439

6.096

15.34%

10.69

Revenue growth%

—

43.50

7.14

4.01

10.69

12.08

8.91

—

26.75

Gross margin%

—

21.68

19.78

23.77

22.17

26.75

26.69

22.17

10.31

Operating margin%

—

4.20

3.78

8.30

6.37

10.31

10.29

6.37

8.15

Net margin%

—

7.71

2.60

7.18

5.51

8.15

7.99

7.18

19.32

P/E ratio (avg)x

—

18.98

58.62

37.34

29.97

15.50

17.59

29.97

15.28

EV/EBITx

—

34.81

40.32

32.29

25.92

12.26

13.65

32.29

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

19.52

EPS₹

—

12.17

5.05

14.81

11.81

19.52

21.46

12.54%

—

65.26

EPS growth%

—

(58.53)

193.34

(20.20)

65.26

9.89

22.53

—

Bookvalue per sh₹

—

FCF per share₹

—

8.00

Dividend per sh₹

—

3.00

5.00

8.00

8.69

27.79%

—

2.12

Div yield (avg)%

—

1.30

1.01

0.90

1.41

2.64

2.30

1.30

40.98

Payout ratio%

—

24.65

59.41

33.76

42.34

40.98

40.51

40.98

22.70

Shares (diluted)M

—

19.46

22.75

22.91

22.92

22.70

◌22.70

3.93%

0.95

Buyback yield%

—

(16.89)

(0.72)

(0.05)

0.95

◌—

(0.38)

—

D/E ratiox

—

8.565

Enterprise value₹B

—

4.496

6.729

12.66

8.116

6.871

8.565

11.18%

—

LT debt₹M

—

Peers (US$89.40M)

Cap (US$)

Orient Technologies…

95.39M

—

ArMee Infotech Limited

92.92M

14.71x

SRIT India Limited

84.09M

13.74x

Purity for Information…

89.53M

275.9x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

19.39

14.09

Own earn%

—

Sh yield%

3.07

0.78

Owners

Insiders/Inst%

6.19

3.50

Short interest%

—

SBC / revenue%

0.30

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

4–10

$1 testx

—

Incr. ROIC%

—

Onward Technologies Limited operates as a software and technology services outsourcing company India, the United States, Europe, Canada, and the United Kingdom, and internationally. The company offers digital and engineering research and development services for original equipment manufacturers (OEMs) in industrial equipment and heavy machinery, transportation, mobility, and healthcare and life sciences sectors.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹5.439B

15.34%

1.00×

Cost of revenue

₹3.984B

13.43%

0.94×

Operating expenses

₹894.3M

13.61%

0.94×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m