Onward Technologies Limited (IN:ONWARDTEC)
:ONWARDTEC
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ONWARDTEC Stock Chart & Stats
₹307.25
-₹3.80(-1.14%)
At close: 4:00 PM EST
₹307.25
-₹3.80(-1.14%)
Day’s Range― - ―
52-Week Range₹207.65 - ₹382.00
Previous CloseN/A
Volume22.80K
Average Volume (3M)2.12K
Market Cap
₹5.69B
Enterprise Value₹5.32B
Total Cash (Recent Filing)₹666.72M
Total Debt (Recent Filing)₹393.70M
Price to Earnings (P/E)12.7
Beta1.94
Next Earnings
Jul 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.84%
Share Statistics
EPS (TTM)18.12
Shares Outstanding22,760,670
10 Day Avg. Volume1,578
30 Day Avg. Volume2,118
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)1.87
Price to Sales (P/S)0.87
P/FCF Ratio8.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)64.23
Revenue Forecast (FY)₹11.65B
Bulls Say, Bears Say
Bulls Say
Improving Profitability And ROEROE rising to ~17.5% alongside net margin near 8.1% in FY2026 indicates the company is converting revenue into stronger equity returns. For a services business, improving margins and ROE support durable reinvestment, competitive bidding on larger contracts, and better capital allocation over coming quarters.
Conservative Balance SheetDebt-to-equity around 0.10–0.16 reflects conservative financing that preserves financial flexibility. Low leverage reduces refinancing risk, enables opportunistic investment in delivery capacity or M&A, and provides a buffer against cyclical headwinds in the services cycle for the next several quarters.
Strengthened Cash GenerationMaterial improvement in operating cash flow (~724M) and free cash flow (~543M) in FY2026 enhances self-funding of capex, working capital and shareholder returns. More reliable cash generation increases ability to invest in capabilities and smooth seasonal funding needs over the medium term.
Bears Say
Historical Cash-Flow VolatilityPrior years of negative free cash flow (FY2022–FY2023) show cash conversion risk remains a structural consideration. Services firms are sensitive to billing timing and receivable cycles; uneven cashflows can constrain investment or require external funding during downturns, reducing resilience.
Margin Compression And VolatilityObserved gross-margin compression and year-to-year margin swings indicate underlying pressure on pricing or cost mix. For a services-led company, sustained margin variability impairs predictability of earnings and weakens the foundation for durable margin expansion absent structural improvements.
Services Revenue SensitivityA services-led model tied to utilization, billing rates and client renewals creates structural revenue volatility. Shifts in utilization, client concentration, or onsite/offshore mix can quickly impact top-line and margins, making medium-term revenue visibility and margin stability more challenging.
Onward Technologies Limited News
ONWARDTEC FAQ
What was Onward Technologies Limited’s price range in the past 12 months?
Onward Technologies Limited lowest stock price was ₹207.65 and its highest was ₹382.00 in the past 12 months.
What is Onward Technologies Limited’s market cap?
Onward Technologies Limited’s market cap is ₹5.69B.
When is Onward Technologies Limited’s upcoming earnings report date?
Onward Technologies Limited’s upcoming earnings report date is Jul 20, 2026 which is in 37 days.
How were Onward Technologies Limited’s earnings last quarter?
Onward Technologies Limited released its earnings results on May 05, 2026. The company reported ₹4.26 earnings per share for the quarter, beating the consensus estimate of N/A by ₹4.26.
Is Onward Technologies Limited overvalued?
According to Wall Street analysts Onward Technologies Limited’s price is currently Overvalued.
Does Onward Technologies Limited pay dividends?
Onward Technologies Limited pays a Annually dividend of ₹5 which represents an annual dividend yield of 1.84%. See more information on Onward Technologies Limited dividends here
What is Onward Technologies Limited’s EPS estimate?
Onward Technologies Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Onward Technologies Limited have?
Onward Technologies Limited has 22,760,670 shares outstanding.
What happened to Onward Technologies Limited’s price movement after its last earnings report?
Onward Technologies Limited reported an EPS of ₹4.26 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -4.212%.
Which hedge fund is a major shareholder of Onward Technologies Limited?
Currently, no hedge funds are holding shares in IN:ONWARDTEC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Onward Technologies Limited
Operating both domestically in India and on a global scale, Onward Technologies Limited specializes in delivering mechanical engineering design and information technology consulting expertise. Their extensive portfolio includes a wide array of products and services such as digital transformation initiatives, embedded system development, advanced engineering technologies, data analytics, artificial intelligence, and machine learning applications. Furthermore, the company provides specialized support in digital engineering, embedded electronics, core mechanical engineering, and comprehensive enterprise IT solutions. They cater to a diverse range of industries, including automotive, manufacturing, e-commerce, semiconductor, information and communication technology (ICT), and medical technology sectors. Established in 1991 and headquartered in Mumbai, India, Onward Technologies Limited operates as a subsidiary of Onward Network Technologies Private Limited.
Technical Analysis
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