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Onward Technologies Limited (ONWARDTEC) Price & Analysis

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ONWARDTEC Stock Chart & Stats

₹307.25

-₹3.80(-1.14%)

At close: Jan 08 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

₹6.24B

Enterprise Value₹5.15B

Total Cash (Recent Filing)₹666.72M

Total Debt (Recent Filing)₹393.70M

Price to Earnings (P/E)14.9

Beta1.96

Next Earnings

Jul 20, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield1.84%

Share Statistics

EPS (TTM)18.12

Shares Outstanding22,205,090

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

Conservative Balance SheetSustained low leverage and a growing equity base provide durable financial flexibility, reducing refinancing risk and supporting investment in delivery capacity. Improved ROE (~17.5% in FY2026) indicates capital is being deployed effectively, underpinning long-term solvency and strategic optionality.

Strengthening Cash GenerationMaterial improvement in operating and free cash flow over the last two years increases the company’s ability to self-fund growth, pay down obligations, and invest in capabilities. Strong FCF in FY2026 supports sustainable operations and reduces dependence on external financing over the medium term.

Consistent Revenue Growth & Margin ReboundSteady revenue expansion combined with a meaningful net margin recovery signals improving pricing, mix, or operational leverage. This trend implies the business model is gaining traction across clients and verticals, supporting repeatable earnings generation over the coming quarters.

Bears Say

Historical FCF VolatilityPast negative free cash flow in FY2022–FY2023 highlights that cash conversion can swing materially, often from working-capital or project timing. This variability can constrain reinvestment, dividend policy, or opportunistic M&A in down cycles, creating a recurring operational risk to monitor.

Gross Margin CompressionA sustained decline in gross margins over multiple years suggests pressure on pricing, higher input costs, or an unfavorable delivery mix (more onsite/low-margin work). If structural, margin erosion could limit the durability of net-profit improvements and require operational or pricing actions to restore margins.

Rising Absolute Debt LevelAlthough leverage metrics remain low, an upward trend in absolute debt raises fixed-charge exposure and could reduce flexibility if growth or working-capital needs rise. Continued debt accumulation without matching asset or cash-flow growth would weaken the conservative financing profile over time.

Onward Technologies Limited News

Onward Technologies Wins ₹33-Crore Engineering Services Deal for Data Center Client

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has issued an update. Onward Technologies has secured an engineering services contract...

11d ago

Onward Technologies Wins ₹33-Crore Engineering Services Deal for Data Center ODC

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has provided an update. Onward Technologies has secured an engineering services contract...

11d ago

Onward Technologies Publishes Notice for 35th AGM and E-Voting Details

The latest update is out from Onward Technologies Limited ( ($IN:ONWARDTEC) ). Onward Technologies Limited has notified stock...

13d ago

Onward Technologies Issues 31,000 Shares Under 2019 ESOP

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has issued an update. Onward Technologies has allotted 31,000 equity shares to...

17d ago

Onward Technologies Releases Q4 FY26 Earnings Call Transcript for Investors

An announcement from Onward Technologies Limited ( ($IN:ONWARDTEC) ) is now available. Onward Technologies Limited notified the stock...

2M ago

Onward Technologies Publishes FY26 Financial Results Extract in Newspapers

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has provided an announcement. Onward Technologies Limited, a listed engineering and IT...

2M ago

Onward Technologies Posts Earnings Call Recording to Website for Investor Access

Onward Technologies Limited ( ($IN:ONWARDTEC) ) just unveiled an update. Onward Technologies Limited has notified the stock exchanges...

2M ago

Onward Technologies Posts Higher Q3 FY26 Revenue and Profit on Strong India and Overseas Demand

An update from Onward Technologies Limited ( ($IN:ONWARDTEC) ) is now available. Onward Technologies Limited reported its unaudited...

6M ago

Onward Technologies Publishes Q3 FY2025-26 Financial Results Extract in Newspapers

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has issued an announcement. Onward Technologies Limited has notified the stock exchanges...

6M ago

Onward Technologies Posts Conference Call Audio on Website After Q3 Results

Onward Technologies Limited ( ($IN:ONWARDTEC) ) has shared an update. Onward Technologies Limited has notified the stock exchanges...

6M ago

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 ₹6.24B.

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 14 days.

How were Onward Technologies Limited’s earnings last quarter?

Onward Technologies Limited released its earnings results on May 05, 2026. The company reported ₹4.256 earnings per share for the quarter, beating the consensus estimate of N/A by ₹4.256.

Is Onward Technologies Limited overvalued?

According to Wall Street analysts Onward Technologies Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Onward Technologies Limited pay dividends?

Onward Technologies Limited pays a Annually dividend of ₹8 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 22,205,090 shares outstanding.

What happened to Onward Technologies Limited’s price movement after its last earnings report?

Onward Technologies Limited reported an EPS of ₹4.256 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.