Onward Technologies Ltd

ONWARDTECIT Enabled Services
309.40+0.00 (+0.00%)
As on 29 Jan 2026, 10:31 amMarket Closed

Fundamental Score

...

Onward Technologies Ltd Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Poor

Return on Equity

12.54%
Average

Return on Capital Employed

15.65%
Poor

Operating Profit Margin (5Y)

8.45%
Good

Dividend Yield

1.77%

Valuation Metrics

Excellent

Price to Earnings

15.63x

Market Capitalization

642.71 (Cr)

Industry P/E

33.81x

Growth Metrics

Excellent

YoY Quarterly Profit Growth

237.29%
Poor

YoY Quarterly Sales Growth

12.95%
Good

Sales Growth (5Y)

12.59%
Excellent

EPS Growth (5Y)

25.12%
Excellent

Profit Growth (5Y)

34.10%

Financial Health

Excellent

Debt to Equity

0.17x
Excellent

Interest Coverage

21.46x
Excellent

Free Cash Flow (5Y)

81.30 (Cr)

Ownership Structure

Average

Promoter Holding

39.02%
Average

FII Holding

9.21%
Poor

DII Holding

4.00%
Excellent

Pledged Percentage

0.00%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
39.02%
Promoter Holding
642.71 (Cr)
Market Cap

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Market Data Analysis & Educational Insights

Educational evaluation of ONWARDTEC across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Excellent ROCE Performance (15.65%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance. This indicates quality business fundamentals.

Attractive Valuation (P/E: 15.63 vs Industry: 33.81)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity if fundamentals support the business case.

Robust Profit Growth (237.29%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.

Consistent Growth Track Record (12.59% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.

Excellent EPS Growth (25.12% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (34.10% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Conservative Debt Levels (D/E: 0.17)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.

Strong Interest Coverage (21.46x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.

Strong Cash Generation (₹81.30 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral, reducing forced-selling risk.

Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.

Risk Factors

0 factors identified

No significant concerns identified in current analysis.

Financial Statements

Comprehensive financial data for Onward Technologies Ltd

About ONWARDTEC

Business Overview

Onward Technologies Limited operates as a software and technology services outsourcing company. 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. It also provides digital services, such as advanced software development and lifecycle management, digitalization and integration, data engineering, analytics and visualization, cloud platforms, and DevOps and shift left testing services; and embedded product and systems engineering services comprising system, software and hardware, tooling, testing, and consulting services. In addition, the company offers mechanical product engineering services, including new product design and development, value engineering, virtual simulation, and manufacturing engineering. It operates in India, the United States, Europe, Canada, and the United Kingdom. Onward Technologies Limited was incorporated in 1991 and is based in Mumbai, India.

Company Details

Symbol:ONWARDTEC
Industry:IT Enabled Services
Sector:IT Enabled Services

Key Leadership

Mr. Harish Shantital Mehta
Founder & Executive Chairman
Mr. Jigar Harish Mehta
MD & Executive Director
Mr. Pawan Kumar Nathani
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date
2025-07-04

ONWARDTEC Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)12.54%
Return on Capital Employed15.65%
Operating Profit Margin (5Y)8.45%
Debt to Equity Ratio0.17
Interest Coverage Ratio21.46

Growth & Valuation

Sales Growth (5Y)12.59%
Profit Growth (5Y)34.10%
EPS Growth (5Y)25.12%
YoY Quarterly Profit Growth237.29%
YoY Quarterly Sales Growth12.95%

Frequently Asked Questions

What is the current price of Onward Technologies Ltd (ONWARDTEC)?

As of 29 Jan 2026, 10:31 am IST, Onward Technologies Ltd (ONWARDTEC) is currently trading at ₹309.40. The stock has a market capitalization of ₹642.71 (Cr).

Is ONWARDTEC share price Overvalued or Undervalued?

ONWARDTEC is currently trading at a P/E ratio of 15.63x, compared to the industry average of 33.81x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.

What factors affect the Onward Technologies Ltd share price?

Key factors influencing ONWARDTEC's price include its quarterly earnings growth (Sales Growth: 12.95%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Onward Technologies Ltd a good stock for long-term investment?

Onward Technologies Ltd shows a 5-year Profit Growth of 34.10% and an ROE of 12.54%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.17 before investing.

How does Onward Technologies Ltd compare with its industry peers?

Onward Technologies Ltd competes with major peers in the IT Enabled Services. Investors should compare ONWARDTEC's P/E of 15.63x and ROE of 12.54% against the industry averages to determine its competitive standing.

What is the P/E ratio of ONWARDTEC and what does it mean?

ONWARDTEC has a P/E ratio of 15.63x compared to the industry average of 33.81x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹16 for every ₹1 of annual earnings.

How is ONWARDTEC performing according to Bull Run's analysis?

ONWARDTEC has a Bull Run fundamental score of 60.1/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does ONWARDTEC belong to?

ONWARDTEC operates in the IT Enabled Services industry. This classification helps understand the competitive landscape and sector-specific trends affecting Onward Technologies Ltd.

What is Return on Equity (ROE) and why is it important for ONWARDTEC?

ONWARDTEC has an ROE of 12.54%, which shows decent profitability but room for improvement. Return on Equity measures how efficiently Onward Technologies Ltd generates profits from shareholders' equity.

How is ONWARDTEC's debt-to-equity ratio and what does it indicate?

ONWARDTEC has a debt-to-equity ratio of 0.17, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.

What is ONWARDTEC's dividend yield and is it a good dividend stock?

ONWARDTEC offers a dividend yield of 1.77%, which means you receive ₹1.77 annual dividend for every ₹100 invested.

How has ONWARDTEC grown over the past 5 years?

ONWARDTEC has achieved 5-year growth rates of: Sales Growth 12.59%, Profit Growth 34.10%, and EPS Growth 25.12%.

What is the promoter holding in ONWARDTEC and why does it matter?

Promoters hold 39.02% of ONWARDTEC shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is ONWARDTEC's market capitalization category?

ONWARDTEC has a market capitalization of ₹643 crores, placing it in the Small-cap category.

How volatile is ONWARDTEC stock?

ONWARDTEC has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for ONWARDTEC?

ONWARDTEC has a 52-week high of ₹N/A and low of ₹N/A.

What is ONWARDTEC's operating profit margin trend?

ONWARDTEC has a 5-year average Operating Profit Margin (OPM) of 8.45%, indicating the company's operational efficiency.

How is ONWARDTEC's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of 12.95% and YoY Profit Growth of 237.29%.

What is the institutional holding pattern in ONWARDTEC?

ONWARDTEC has FII holding of 9.21% and DII holding of 4.00%. Significant institutional holding often suggests professional confidence in the stock.