View Financial HealthOnward Technologies 配当と自社株買い配当金 基準チェック /66Onward Technologies配当を支払う会社であり、現在の利回りは3.07%で、収益によって十分にカバーされています。主要情報3.1%配当利回り1.7%バイバック利回り総株主利回り4.7%将来の配当利回りn/a配当成長24.1%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向41%最近の配当と自社株買いの更新お知らせ • May 13Onward Technologies Limited (BSE:517536) announces an Equity Buyback for 548,780 shares, representing 2.41% for INR 180 million.Onward Technologies Limited announces a share repurchase program. Under the program, the company will repurchase up to 548,780 shares, representing 2.41% of its issued share capital, for INR 180 million. The shares will be repurchased at a price of INR 328 per share. The program will be undertaken on a proportionate basis. The program is subject to applicable statutory approvals, as may be required. The company has set May 18, 2026, as the record date of the offer. As of May 8, 2026, the company had 22,753,870 shares outstanding.Declared Dividend • Jun 27Dividend of ₹5.00 announcedShareholders will receive a dividend of ₹5.00. Ex-date: 12th July 2024 Payment date: 18th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 22% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 18Onward Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Onward Technologies Limited at its board meeting held on May 17, 2024 recommended dividend of Final Dividend of INR 5/- (Rupees Five only) per equity share having face value of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the shareholders at the ensuing 33rd Annual General Meeting (AGM).Upcoming Dividend • Jul 03Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).Upcoming Dividend • Jul 01Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.9%).Upcoming Dividend • Jun 30Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 13 August 2021. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.2%).すべての更新を表示Recent updatesお知らせ • May 13Onward Technologies Limited (BSE:517536) announces an Equity Buyback for 548,780 shares, representing 2.41% for INR 180 million.Onward Technologies Limited announces a share repurchase program. Under the program, the company will repurchase up to 548,780 shares, representing 2.41% of its issued share capital, for INR 180 million. The shares will be repurchased at a price of INR 328 per share. The program will be undertaken on a proportionate basis. The program is subject to applicable statutory approvals, as may be required. The company has set May 18, 2026, as the record date of the offer. As of May 8, 2026, the company had 22,753,870 shares outstanding.Reported Earnings • May 06Full year 2026 earnings released: EPS: ₹19.64 (vs ₹11.97 in FY 2025)Full year 2026 results: EPS: ₹19.64 (up from ₹11.97 in FY 2025). Revenue: ₹5.51b (up 12% from FY 2025). Net income: ₹443.2m (up 64% from FY 2025). Profit margin: 8.0% (up from 5.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Apr 29Onward Technologies Limited to Report Q4, 2026 Results on May 05, 2026Onward Technologies Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 05, 2026New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹5.18b market cap, or US$55.5m).Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to ₹323. The fair value is estimated to be ₹269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 29%.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹347, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 20% over the past three years.Reported Earnings • Jan 17Third quarter 2026 earnings released: EPS: ₹4.50 (vs ₹2.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹4.50 (up from ₹2.66 in 3Q 2025). Revenue: ₹1.36b (up 10% from 3Q 2025). Net income: ₹101.0m (up 67% from 3Q 2025). Profit margin: 7.4% (up from 4.9% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jan 09Onward Technologies Limited to Report Q3, 2026 Results on Jan 16, 2026Onward Technologies Limited announced that they will report Q3, 2026 results on Jan 16, 2026Buy Or Sell Opportunity • Jan 05Now 20% overvaluedOver the last 90 days, the stock has fallen 4.6% to ₹306. The fair value is estimated to be ₹255, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 31%.Buy Or Sell Opportunity • Nov 04Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to ₹301. The fair value is estimated to be ₹250, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 31%.お知らせ • Oct 10Onward Technologies Limited to Report Q2, 2026 Results on Oct 17, 2025Onward Technologies Limited announced that they will report Q2, 2026 results on Oct 17, 2025お知らせ • Aug 01Onward Technologies Announces the Strategic Relocation of its UK Office to Birmingham and its Germany Office to MunichOnward Technologies has announced the strategic relocation of its UK office to Birmingham and its Germany office to Munich. These offices bring Onward Tech’s teams closer to its Transportation & Mobility clients, reinforcing its commitment to delivering value where innovation is happening fastest. Onward Tech partners with automotive and industrial equipment manufacturers to accelerate digital engineering programs through its global delivery model. With growing demand for offshore services across Europe, the company is investing rapidly to support clients’ transformation agendas. Onward Tech is committed to investing further in Europe and has plans to initiate local hiring in the region.お知らせ • Jul 09Onward Technologies Limited to Report Q1, 2026 Results on Jul 16, 2025Onward Technologies Limited announced that they will report Q1, 2026 results on Jul 16, 2025Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹359, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 35% over the past three years.Reported Earnings • Jun 25Full year 2025 earnings released: EPS: ₹11.97 (vs ₹15.13 in FY 2024)Full year 2025 results: EPS: ₹11.97 (down from ₹15.13 in FY 2024). Revenue: ₹4.91b (up 4.0% from FY 2024). Net income: ₹270.8m (down 20% from FY 2024). Profit margin: 5.5% (down from 7.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 24Onward Technologies Limited, Annual General Meeting, Jul 16, 2025Onward Technologies Limited, Annual General Meeting, Jul 16, 2025, at 15:00 Indian Standard Time.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₹313, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 8.5% over the past three years.お知らせ • May 09Onward Technologies Limited to Report Q4, 2025 Results on May 16, 2025Onward Technologies Limited announced that they will report Q4, 2025 results on May 16, 2025Buy Or Sell Opportunity • Apr 11Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to ₹231. The fair value is estimated to be ₹190, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 13%.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (4.8% net profit margin). Market cap is less than US$100m (₹4.72b market cap, or US$55.0m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹208, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₹253, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 33x in the IT industry in India. Total loss to shareholders of 30% over the past three years.Reported Earnings • Jan 22Third quarter 2025 earnings released: EPS: ₹2.66 (vs ₹3.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹2.66 (down from ₹3.02 in 3Q 2024). Revenue: ₹1.23b (up 8.2% from 3Q 2024). Net income: ₹60.4m (down 11% from 3Q 2024). Profit margin: 4.9% (down from 5.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jan 14Onward Technologies Limited to Report Q3, 2025 Results on Jan 21, 2025Onward Technologies Limited announced that they will report Q3, 2025 results on Jan 21, 2025Recent Insider Transactions • Oct 26Non-Executive Independent Directors recently bought ₹2.0m worth of stockOn the 22nd of October, Jai Diwanji bought around 6k shares on-market at roughly ₹349 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹154m more in shares than they bought in the last 12 months.New Risk • Oct 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.32b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.32b market cap, or US$98.9m).Reported Earnings • Oct 19Second quarter 2025 earnings released: EPS: ₹1.57 (vs ₹4.27 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.57 (down from ₹4.27 in 2Q 2024). Revenue: ₹1.25b (up 3.6% from 2Q 2024). Net income: ₹35.4m (down 63% from 2Q 2024). Profit margin: 2.8% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹481, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 83% over the past three years.お知らせ • Jul 12Onward Technologies Limited to Report Q1, 2025 Results on Jul 19, 2024Onward Technologies Limited announced that they will report Q1, 2025 results on Jul 19, 2024Reported Earnings • Jun 28Full year 2024 earnings released: EPS: ₹15.13 (vs ₹5.18 in FY 2023)Full year 2024 results: EPS: ₹15.13 (up from ₹5.18 in FY 2023). Revenue: ₹4.72b (up 7.1% from FY 2023). Net income: ₹339.2m (up 195% from FY 2023). Profit margin: 7.2% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jun 27Dividend of ₹5.00 announcedShareholders will receive a dividend of ₹5.00. Ex-date: 12th July 2024 Payment date: 18th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 22% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 26Onward Technologies Limited, Annual General Meeting, Jul 19, 2024Onward Technologies Limited, Annual General Meeting, Jul 19, 2024, at 15:00 Indian Standard Time.New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.07b (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.07b market cap, or US$96.6m).Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹15.13 (vs ₹5.18 in FY 2023)Full year 2024 results: EPS: ₹15.13 (up from ₹5.18 in FY 2023). Revenue: ₹4.80b (up 8.8% from FY 2023). Net income: ₹339.2m (up 195% from FY 2023). Profit margin: 7.1% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 18Onward Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Onward Technologies Limited at its board meeting held on May 17, 2024 recommended dividend of Final Dividend of INR 5/- (Rupees Five only) per equity share having face value of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the shareholders at the ensuing 33rd Annual General Meeting (AGM).お知らせ • May 11Onward Technologies Limited to Report Q4, 2024 Results on May 17, 2024Onward Technologies Limited announced that they will report Q4, 2024 results on May 17, 2024Buy Or Sell Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₹481. The fair value is estimated to be ₹608, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.Reported Earnings • Jan 21Third quarter 2024 earnings released: EPS: ₹3.02 (vs ₹1.11 in 3Q 2023)Third quarter 2024 results: EPS: ₹3.02 (up from ₹1.11 in 3Q 2023). Revenue: ₹1.14b (down 1.5% from 3Q 2023). Net income: ₹67.9m (up 176% from 3Q 2023). Profit margin: 5.9% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 11Onward Technologies Limited to Report Q3, 2024 Results on Jan 19, 2024Onward Technologies Limited announced that they will report Q3, 2024 results at 12:15 PM, Indian Standard Time on Jan 19, 2024Recent Insider Transactions • Dec 25MD & Executive Director recently sold ₹124m worth of stockOn the 21st of December, Jigar Mehta sold around 200k shares on-market at roughly ₹619 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jigar's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹697, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 810% over the past three years.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹486, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the IT industry in India. Total returns to shareholders of 712% over the past three years.Reported Earnings • Oct 21Second quarter 2024 earnings released: EPS: ₹4.27 (vs ₹0.26 in 2Q 2023)Second quarter 2024 results: EPS: ₹4.27 (up from ₹0.26 in 2Q 2023). Revenue: ₹1.22b (up 11% from 2Q 2023). Net income: ₹95.7m (up ₹89.9m from 2Q 2023). Profit margin: 7.9% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 21Onward Technologies Limited Appoints Vinav Agarwal as Company Secretary and Compliance OfficerOnward Technologies Limited announced the Board of Directors of the Company has appointed Mr. Vinav Agarwal as the Company Secretary and Compliance Officer of the Company with effect from October 20, 2023. Brief profile: Company Secretary with over 10 years of experience of Secretarial activities.お知らせ • Oct 13Onward Technologies Limited to Report Q2, 2024 Results on Oct 20, 2023Onward Technologies Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Oct 20, 2023Recent Insider Transactions • Sep 16Senior VP & Head of IT Services recently sold ₹2.5m worth of stockOn the 8th of September, Satish Ramanan sold around 4k shares on-market at roughly ₹617 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹3.1m. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.お知らせ • Jul 12Onward Technologies Limited to Report Q1, 2024 Results on Jul 17, 2023Onward Technologies Limited announced that they will report Q1, 2024 results on Jul 17, 2023Upcoming Dividend • Jul 03Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).Reported Earnings • Jun 24Full year 2023 earnings released: EPS: ₹5.18 (vs ₹12.62 in FY 2022)Full year 2023 results: EPS: ₹5.18 (down from ₹12.62 in FY 2022). Revenue: ₹4.41b (up 44% from FY 2022). Net income: ₹114.8m (down 52% from FY 2022). Profit margin: 2.6% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jun 02Insider recently sold ₹1.3m worth of stockOn the 26th of May, Pratish Mehta sold around 3k shares on-market at roughly ₹461 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.4m. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.Recent Insider Transactions • May 26Insider recently sold ₹5.4m worth of stockOn the 22nd of May, Pratish Mehta sold around 14k shares on-market at roughly ₹395 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.7m more than they bought in the last 12 months.お知らせ • May 13Onward Technologies Limited, Annual General Meeting, Jul 17, 2023Onward Technologies Limited, Annual General Meeting, Jul 17, 2023.Reported Earnings • May 13Full year 2023 earnings released: EPS: ₹5.17 (vs ₹12.62 in FY 2022)Full year 2023 results: EPS: ₹5.17 (down from ₹12.62 in FY 2022). Revenue: ₹4.46b (up 45% from FY 2022). Net income: ₹114.8m (down 52% from FY 2022). Profit margin: 2.6% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13+ 2 more updatesOnward Technologies Limited Appoints Pawan Nathani as Chief Financial OfficerOnward Technologies Limited at its board meeting held on May 12, 2023, approved the appointment of Mr. Pawan Nathani as Chief Financial Officer and Key Managerial personnel of the Company with effect from May 12, 2023, as recommended by Nomination and Remuneration Committee and based on approval of Audit Committee of the Company.Recent Insider Transactions • Feb 02Insider recently sold ₹3.3m worth of stockOn the 27th of January, Raju Samtani sold around 10k shares on-market at roughly ₹325 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹4.7m more than they sold in the last 12 months.Reported Earnings • Jan 23Third quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.60 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.11 (down from ₹2.60 in 3Q 2022). Revenue: ₹1.17b (up 51% from 3Q 2022). Net income: ₹24.6m (down 51% from 3Q 2022). Profit margin: 2.1% (down from 6.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 21Onward Technologies Limited Announces Resignation of Devanand Ramandasani as CFOThe Board of Directors of the Onward Technologies Limited at their meeting held January 20, 2023, approved the resignation tendered by Mr. Devanand Ramandasani from the position of CFO of the Company.お知らせ • Jan 14Onward Technologies Limited to Report Q3, 2023 Results on Jan 20, 2023Onward Technologies Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Jan 20, 2023Recent Insider Transactions • Dec 09Insider recently sold ₹1.1m worth of stockOn the 2nd of December, Vishnu Waghmare sold around 4k shares on-market at roughly ₹303 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.3m more than they bought in the last 12 months.お知らせ • Dec 03Onward Technologies Limited Announces Resignation of Devanand Ramandasani as Chief Financial Officer, Effective December 23, 2022Onward Technologies Limited announced that Mr. Devanand Ramandasani, Chief Financial Officer of the Company, has tendered his resignation from the services of the Company to pursue other opportunities outside the organisation. He will be continuing to hold his current position of CFO until December 23, 2022. The Company is in the process of identifying/appointing a new CFO and same will be communicated to the stock exchanges in due course.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹352, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 442% over the past three years.Reported Earnings • Oct 22Second quarter 2023 earnings released: EPS: ₹0.26 (vs ₹3.18 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.26 (down from ₹3.18 in 2Q 2022). Revenue: ₹1.11b (up 52% from 2Q 2022). Net income: ₹5.79m (down 90% from 2Q 2022). Profit margin: 0.5% (down from 7.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 12Onward Technologies Limited to Report Q2, 2023 Results on Oct 21, 2022Onward Technologies Limited announced that they will report Q2, 2023 results on Oct 21, 2022お知らせ • Sep 30Onward Technologies Limited Accepts the Resignation of Prachi Mehta from the Post of DirectorshipOnward Technologies Limited, at its board meeting held on September 29, 2022, accepted and noted the resignation tendered by Ms. Prachi Mehta (DIN: 06811085) from the post of Directorship of the Company with effect from September 29, 2022.お知らせ • Jul 19Onward Technologies Limited Announces Management ChangesOnward Technologies Limited approved the resignation of Ms. Dimple Chauhan (Mem. No. A51595) as a Company Secretary and Compliance Officer of the Company with effect from close of working hours of July 22, 2022 due to further career opportunities, at its board meeting held on July 18, 2022. The company approved the appointment of Ms. Shama Pawar (Mem. No. A28393) as a Company Secretary and Compliance Officer of the Company with effect from July 23, 2022.Upcoming Dividend • Jul 01Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.9%).Reported Earnings • Jun 29Full year 2022 earnings released: EPS: ₹12.62 (vs ₹4.52 in FY 2021)Full year 2022 results: EPS: ₹12.62 (up from ₹4.52 in FY 2021). Revenue: ₹3.07b (up 28% from FY 2021). Net income: ₹236.8m (up 223% from FY 2021). Profit margin: 7.7% (up from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 28Onward Technologies Limited, Annual General Meeting, Jul 18, 2022Onward Technologies Limited, Annual General Meeting, Jul 18, 2022, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of Board of Directors and the Auditors thereon; to declare final dividend on Equity Shares for the financial year ended March 31, 2022; to appoint a Director in place of Mrs. Prachi Mehta (DIN: 06811085), who retires by rotation and being eligible, offers herself for re-appointment; to consider the appointment of M/s. BSR & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company and if thought fit; and to consider other matters.Recent Insider Transactions • Jun 01Insider recently bought ₹1.3m worth of stockOn the 26th of May, Varsha Meghani bought around 5k shares on-market at roughly ₹274 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹4.9m. Despite this recent purchase, insiders have collectively sold ₹12m more in shares than they bought in the last 12 months.Reported Earnings • May 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹12.62 (up from ₹4.52 in FY 2021). Revenue: ₹3.29b (up 37% from FY 2021). Net income: ₹236.8m (up 223% from FY 2021). Profit margin: 7.2% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 05Onward Technologies Limited to Report Q4, 2022 Results on May 13, 2022Onward Technologies Limited announced that they will report Q4, 2022 results on May 13, 2022Recent Insider Transactions • Apr 07Insider recently sold ₹1.2m worth of stockOn the 31st of March, Santosh Upadhyay sold around 3k shares on-market at roughly ₹362 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹15m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹425, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 579% over the past three years.Recent Insider Transactions • Mar 19Chief Financial Officer recently sold ₹361k worth of stockOn the 15th of March, Devanand Ramandasani sold around 1k shares on-market at roughly ₹361 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Devanand has been a seller over the last 12 months, reducing personal holdings by ₹3.6m.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₹355, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 532% over the past three years.Recent Insider Transactions • Mar 05Non-Executive Independent Director recently bought ₹4.9m worth of stockOn the 2nd of March, Parish Meghani bought around 17k shares on-market at roughly ₹291 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹14m more in shares than they bought in the last 12 months.Recent Insider Transactions • Feb 25Non-Executive Independent Director recently bought ₹1.8m worth of stockOn the 21st of February, Parish Meghani bought around 6k shares on-market at roughly ₹326 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹20m more in shares than they bought in the last 12 months.Recent Insider Transactions • Feb 16Insider recently sold ₹2.3m worth of stockOn the 7th of February, Sandip Mahajan sold around 6k shares on-market at roughly ₹389 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹24m more than they bought in the last 12 months.Recent Insider Transactions • Feb 04Chief Financial Officer recently sold ₹2.1m worth of stockOn the 1st of February, Devanand Ramandasani sold around 6k shares on-market at roughly ₹353 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. This was Devanand's only on-market trade for the last 12 months.Recent Insider Transactions • Feb 01Insider recently sold ₹2.9m worth of stockOn the 25th of January, Pratish Mehta sold around 8k shares on-market at roughly ₹342 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.Recent Insider Transactions • Jan 28Insider recently sold ₹3.3m worth of stockOn the 20th of January, V. Sankar sold around 9k shares on-market at roughly ₹365 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months.Reported Earnings • Jan 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹2.60 (up from ₹1.45 in 3Q 2021). Revenue: ₹775.5m (up 34% from 3Q 2021). Net income: ₹49.8m (up 112% from 3Q 2021). Profit margin: 6.4% (up from 4.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 43%. Earnings per share (EPS) missed analyst estimates by 43%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Dec 19Insider recently sold ₹2.1m worth of stockOn the 15th of December, Pratish Mehta sold around 8k shares on-market at roughly ₹281 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹11m more than they bought in the last 12 months.お知らせ • Nov 25Onward Technologies Limited (BSE:517536) agreed to acquire NV Pune Technology Park Private Limited.Onward Technologies Limited (BSE:517536) agreed to acquire NV Pune Technology Park Private Limited on November 24, 2021. The transaction is approved by the Board of Onward Technologies Limited.Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹269, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 425% over the past three years.Reported Earnings • Oct 24Second quarter 2022 earnings released: EPS ₹3.18 (vs ₹1.50 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹770.5m (up 28% from 2Q 2021). Net income: ₹55.9m (up 130% from 2Q 2021). Profit margin: 7.3% (up from 4.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Aug 07Insider recently sold ₹650k worth of stockOn the 3rd of August, Raju Samtani sold around 3k shares on-market at roughly ₹260 per share. In the last 3 months, they made an even bigger sale worth ₹3.9m. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months.Recent Insider Transactions • Jul 28Insider recently sold ₹2.0m worth of stockOn the 22nd of July, Vaibhav Chipte sold around 8k shares on-market at roughly ₹245 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹8.3m more than they bought in the last 12 months.Reported Earnings • Jul 16First quarter 2022 earnings released: EPS ₹6.03 (vs ₹0.24 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹851.4m (up 52% from 1Q 2021). Net income: ₹98.9m (up ₹95.0m from 1Q 2021). Profit margin: 12% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹230, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 248% over the past three years.お知らせ • Jul 01Onward Technologies Limited announced that it has received INR 282.75 million in funding from Infinity Direct HoldingsOn June 30, 2021, Onward Technologies Limited (BSE:517536) closed the transaction. the company announced that the transaction was approved by the board of directors of the company.Upcoming Dividend • Jun 30Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 13 August 2021. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.2%).Reported Earnings • Jun 24Full year 2021 earnings released: EPS ₹4.52 (vs ₹3.90 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹2.40b (down 12% from FY 2020). Net income: ₹73.4m (up 18% from FY 2020). Profit margin: 3.1% (up from 2.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.お知らせ • May 28Onward Technologies Limited announced that it expects to receive INR 282.75 million in funding from Infinity Direct HoldingsOnward Technologies Limited (BSE:517536) announced a private placement of 1,100,000 shares at a price of INR 130 per share for gross proceeds of INR 143,000,000, 4,300,000 convertible warrants on May 27, 2021. The securities will be issued on preferential basis. The transaction included participation from new investor Infinity Direct Holdings for 1,100,000 shares and 4,300,000 convertible warrants, for an equity stake of 24.78%. The warrants will be convertible into one common share of the company in one or more tranches at INR 130 per share and will mature in 18 months from the date of the allotment. The company will receive 25% of the total amount, which is INR 139,750,000, as upfront payment at the time of allotment of warrants and the remaining 75% will be paid within 18months. The transaction has been approved by the shareholders/board of the company.Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹142, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 73% over the past three years.決済の安定と成長配当データの取得安定した配当: 517536の1株当たり配当金は過去10年間安定しています。増加する配当: 517536の配当金は過去10年間にわたって増加しています。配当利回り対市場Onward Technologies 配当利回り対市場517536 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (517536)3.1%市場下位25% (IN)0.3%市場トップ25% (IN)1.5%業界平均 (IT)4.1%アナリスト予想 (517536) (最長3年)n/a注目すべき配当: 517536の配当金 ( 3.07% ) はIndian市場の配当金支払者の下位 25% ( 0.31% ) よりも高くなっています。高配当: 517536の配当金 ( 3.07% ) はIndian市場 ( 1.49% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 517536の 配当性向 ( 40.7% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 517536の 現金配当性向 ( 39.6% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 06:36終値2026/05/20 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Onward Technologies Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Vijay MadunalaFirstCall Research
お知らせ • May 13Onward Technologies Limited (BSE:517536) announces an Equity Buyback for 548,780 shares, representing 2.41% for INR 180 million.Onward Technologies Limited announces a share repurchase program. Under the program, the company will repurchase up to 548,780 shares, representing 2.41% of its issued share capital, for INR 180 million. The shares will be repurchased at a price of INR 328 per share. The program will be undertaken on a proportionate basis. The program is subject to applicable statutory approvals, as may be required. The company has set May 18, 2026, as the record date of the offer. As of May 8, 2026, the company had 22,753,870 shares outstanding.
Declared Dividend • Jun 27Dividend of ₹5.00 announcedShareholders will receive a dividend of ₹5.00. Ex-date: 12th July 2024 Payment date: 18th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 22% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 18Onward Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Onward Technologies Limited at its board meeting held on May 17, 2024 recommended dividend of Final Dividend of INR 5/- (Rupees Five only) per equity share having face value of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the shareholders at the ensuing 33rd Annual General Meeting (AGM).
Upcoming Dividend • Jul 03Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).
Upcoming Dividend • Jul 01Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.9%).
Upcoming Dividend • Jun 30Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 13 August 2021. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.2%).
お知らせ • May 13Onward Technologies Limited (BSE:517536) announces an Equity Buyback for 548,780 shares, representing 2.41% for INR 180 million.Onward Technologies Limited announces a share repurchase program. Under the program, the company will repurchase up to 548,780 shares, representing 2.41% of its issued share capital, for INR 180 million. The shares will be repurchased at a price of INR 328 per share. The program will be undertaken on a proportionate basis. The program is subject to applicable statutory approvals, as may be required. The company has set May 18, 2026, as the record date of the offer. As of May 8, 2026, the company had 22,753,870 shares outstanding.
Reported Earnings • May 06Full year 2026 earnings released: EPS: ₹19.64 (vs ₹11.97 in FY 2025)Full year 2026 results: EPS: ₹19.64 (up from ₹11.97 in FY 2025). Revenue: ₹5.51b (up 12% from FY 2025). Net income: ₹443.2m (up 64% from FY 2025). Profit margin: 8.0% (up from 5.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Apr 29Onward Technologies Limited to Report Q4, 2026 Results on May 05, 2026Onward Technologies Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 05, 2026
New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹5.18b market cap, or US$55.5m).
Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to ₹323. The fair value is estimated to be ₹269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 29%.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹347, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Jan 17Third quarter 2026 earnings released: EPS: ₹4.50 (vs ₹2.66 in 3Q 2025)Third quarter 2026 results: EPS: ₹4.50 (up from ₹2.66 in 3Q 2025). Revenue: ₹1.36b (up 10% from 3Q 2025). Net income: ₹101.0m (up 67% from 3Q 2025). Profit margin: 7.4% (up from 4.9% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jan 09Onward Technologies Limited to Report Q3, 2026 Results on Jan 16, 2026Onward Technologies Limited announced that they will report Q3, 2026 results on Jan 16, 2026
Buy Or Sell Opportunity • Jan 05Now 20% overvaluedOver the last 90 days, the stock has fallen 4.6% to ₹306. The fair value is estimated to be ₹255, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 31%.
Buy Or Sell Opportunity • Nov 04Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to ₹301. The fair value is estimated to be ₹250, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 31%.
お知らせ • Oct 10Onward Technologies Limited to Report Q2, 2026 Results on Oct 17, 2025Onward Technologies Limited announced that they will report Q2, 2026 results on Oct 17, 2025
お知らせ • Aug 01Onward Technologies Announces the Strategic Relocation of its UK Office to Birmingham and its Germany Office to MunichOnward Technologies has announced the strategic relocation of its UK office to Birmingham and its Germany office to Munich. These offices bring Onward Tech’s teams closer to its Transportation & Mobility clients, reinforcing its commitment to delivering value where innovation is happening fastest. Onward Tech partners with automotive and industrial equipment manufacturers to accelerate digital engineering programs through its global delivery model. With growing demand for offshore services across Europe, the company is investing rapidly to support clients’ transformation agendas. Onward Tech is committed to investing further in Europe and has plans to initiate local hiring in the region.
お知らせ • Jul 09Onward Technologies Limited to Report Q1, 2026 Results on Jul 16, 2025Onward Technologies Limited announced that they will report Q1, 2026 results on Jul 16, 2025
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹359, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Jun 25Full year 2025 earnings released: EPS: ₹11.97 (vs ₹15.13 in FY 2024)Full year 2025 results: EPS: ₹11.97 (down from ₹15.13 in FY 2024). Revenue: ₹4.91b (up 4.0% from FY 2024). Net income: ₹270.8m (down 20% from FY 2024). Profit margin: 5.5% (down from 7.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 24Onward Technologies Limited, Annual General Meeting, Jul 16, 2025Onward Technologies Limited, Annual General Meeting, Jul 16, 2025, at 15:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₹313, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 8.5% over the past three years.
お知らせ • May 09Onward Technologies Limited to Report Q4, 2025 Results on May 16, 2025Onward Technologies Limited announced that they will report Q4, 2025 results on May 16, 2025
Buy Or Sell Opportunity • Apr 11Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to ₹231. The fair value is estimated to be ₹190, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 13%.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (4.8% net profit margin). Market cap is less than US$100m (₹4.72b market cap, or US$55.0m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹208, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₹253, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 33x in the IT industry in India. Total loss to shareholders of 30% over the past three years.
Reported Earnings • Jan 22Third quarter 2025 earnings released: EPS: ₹2.66 (vs ₹3.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹2.66 (down from ₹3.02 in 3Q 2024). Revenue: ₹1.23b (up 8.2% from 3Q 2024). Net income: ₹60.4m (down 11% from 3Q 2024). Profit margin: 4.9% (down from 5.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jan 14Onward Technologies Limited to Report Q3, 2025 Results on Jan 21, 2025Onward Technologies Limited announced that they will report Q3, 2025 results on Jan 21, 2025
Recent Insider Transactions • Oct 26Non-Executive Independent Directors recently bought ₹2.0m worth of stockOn the 22nd of October, Jai Diwanji bought around 6k shares on-market at roughly ₹349 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹154m more in shares than they bought in the last 12 months.
New Risk • Oct 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.32b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.32b market cap, or US$98.9m).
Reported Earnings • Oct 19Second quarter 2025 earnings released: EPS: ₹1.57 (vs ₹4.27 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.57 (down from ₹4.27 in 2Q 2024). Revenue: ₹1.25b (up 3.6% from 2Q 2024). Net income: ₹35.4m (down 63% from 2Q 2024). Profit margin: 2.8% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹481, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 83% over the past three years.
お知らせ • Jul 12Onward Technologies Limited to Report Q1, 2025 Results on Jul 19, 2024Onward Technologies Limited announced that they will report Q1, 2025 results on Jul 19, 2024
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: ₹15.13 (vs ₹5.18 in FY 2023)Full year 2024 results: EPS: ₹15.13 (up from ₹5.18 in FY 2023). Revenue: ₹4.72b (up 7.1% from FY 2023). Net income: ₹339.2m (up 195% from FY 2023). Profit margin: 7.2% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jun 27Dividend of ₹5.00 announcedShareholders will receive a dividend of ₹5.00. Ex-date: 12th July 2024 Payment date: 18th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 22% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 26Onward Technologies Limited, Annual General Meeting, Jul 19, 2024Onward Technologies Limited, Annual General Meeting, Jul 19, 2024, at 15:00 Indian Standard Time.
New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.07b (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.07b market cap, or US$96.6m).
Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹15.13 (vs ₹5.18 in FY 2023)Full year 2024 results: EPS: ₹15.13 (up from ₹5.18 in FY 2023). Revenue: ₹4.80b (up 8.8% from FY 2023). Net income: ₹339.2m (up 195% from FY 2023). Profit margin: 7.1% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 18Onward Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Onward Technologies Limited at its board meeting held on May 17, 2024 recommended dividend of Final Dividend of INR 5/- (Rupees Five only) per equity share having face value of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the shareholders at the ensuing 33rd Annual General Meeting (AGM).
お知らせ • May 11Onward Technologies Limited to Report Q4, 2024 Results on May 17, 2024Onward Technologies Limited announced that they will report Q4, 2024 results on May 17, 2024
Buy Or Sell Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₹481. The fair value is estimated to be ₹608, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.
Reported Earnings • Jan 21Third quarter 2024 earnings released: EPS: ₹3.02 (vs ₹1.11 in 3Q 2023)Third quarter 2024 results: EPS: ₹3.02 (up from ₹1.11 in 3Q 2023). Revenue: ₹1.14b (down 1.5% from 3Q 2023). Net income: ₹67.9m (up 176% from 3Q 2023). Profit margin: 5.9% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 11Onward Technologies Limited to Report Q3, 2024 Results on Jan 19, 2024Onward Technologies Limited announced that they will report Q3, 2024 results at 12:15 PM, Indian Standard Time on Jan 19, 2024
Recent Insider Transactions • Dec 25MD & Executive Director recently sold ₹124m worth of stockOn the 21st of December, Jigar Mehta sold around 200k shares on-market at roughly ₹619 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jigar's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹697, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 810% over the past three years.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹486, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the IT industry in India. Total returns to shareholders of 712% over the past three years.
Reported Earnings • Oct 21Second quarter 2024 earnings released: EPS: ₹4.27 (vs ₹0.26 in 2Q 2023)Second quarter 2024 results: EPS: ₹4.27 (up from ₹0.26 in 2Q 2023). Revenue: ₹1.22b (up 11% from 2Q 2023). Net income: ₹95.7m (up ₹89.9m from 2Q 2023). Profit margin: 7.9% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 21Onward Technologies Limited Appoints Vinav Agarwal as Company Secretary and Compliance OfficerOnward Technologies Limited announced the Board of Directors of the Company has appointed Mr. Vinav Agarwal as the Company Secretary and Compliance Officer of the Company with effect from October 20, 2023. Brief profile: Company Secretary with over 10 years of experience of Secretarial activities.
お知らせ • Oct 13Onward Technologies Limited to Report Q2, 2024 Results on Oct 20, 2023Onward Technologies Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Oct 20, 2023
Recent Insider Transactions • Sep 16Senior VP & Head of IT Services recently sold ₹2.5m worth of stockOn the 8th of September, Satish Ramanan sold around 4k shares on-market at roughly ₹617 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹3.1m. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.
お知らせ • Jul 12Onward Technologies Limited to Report Q1, 2024 Results on Jul 17, 2023Onward Technologies Limited announced that they will report Q1, 2024 results on Jul 17, 2023
Upcoming Dividend • Jul 03Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).
Reported Earnings • Jun 24Full year 2023 earnings released: EPS: ₹5.18 (vs ₹12.62 in FY 2022)Full year 2023 results: EPS: ₹5.18 (down from ₹12.62 in FY 2022). Revenue: ₹4.41b (up 44% from FY 2022). Net income: ₹114.8m (down 52% from FY 2022). Profit margin: 2.6% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jun 02Insider recently sold ₹1.3m worth of stockOn the 26th of May, Pratish Mehta sold around 3k shares on-market at roughly ₹461 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.4m. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.
Recent Insider Transactions • May 26Insider recently sold ₹5.4m worth of stockOn the 22nd of May, Pratish Mehta sold around 14k shares on-market at roughly ₹395 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.7m more than they bought in the last 12 months.
お知らせ • May 13Onward Technologies Limited, Annual General Meeting, Jul 17, 2023Onward Technologies Limited, Annual General Meeting, Jul 17, 2023.
Reported Earnings • May 13Full year 2023 earnings released: EPS: ₹5.17 (vs ₹12.62 in FY 2022)Full year 2023 results: EPS: ₹5.17 (down from ₹12.62 in FY 2022). Revenue: ₹4.46b (up 45% from FY 2022). Net income: ₹114.8m (down 52% from FY 2022). Profit margin: 2.6% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13+ 2 more updatesOnward Technologies Limited Appoints Pawan Nathani as Chief Financial OfficerOnward Technologies Limited at its board meeting held on May 12, 2023, approved the appointment of Mr. Pawan Nathani as Chief Financial Officer and Key Managerial personnel of the Company with effect from May 12, 2023, as recommended by Nomination and Remuneration Committee and based on approval of Audit Committee of the Company.
Recent Insider Transactions • Feb 02Insider recently sold ₹3.3m worth of stockOn the 27th of January, Raju Samtani sold around 10k shares on-market at roughly ₹325 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹4.7m more than they sold in the last 12 months.
Reported Earnings • Jan 23Third quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.60 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.11 (down from ₹2.60 in 3Q 2022). Revenue: ₹1.17b (up 51% from 3Q 2022). Net income: ₹24.6m (down 51% from 3Q 2022). Profit margin: 2.1% (down from 6.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 21Onward Technologies Limited Announces Resignation of Devanand Ramandasani as CFOThe Board of Directors of the Onward Technologies Limited at their meeting held January 20, 2023, approved the resignation tendered by Mr. Devanand Ramandasani from the position of CFO of the Company.
お知らせ • Jan 14Onward Technologies Limited to Report Q3, 2023 Results on Jan 20, 2023Onward Technologies Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Jan 20, 2023
Recent Insider Transactions • Dec 09Insider recently sold ₹1.1m worth of stockOn the 2nd of December, Vishnu Waghmare sold around 4k shares on-market at roughly ₹303 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.3m more than they bought in the last 12 months.
お知らせ • Dec 03Onward Technologies Limited Announces Resignation of Devanand Ramandasani as Chief Financial Officer, Effective December 23, 2022Onward Technologies Limited announced that Mr. Devanand Ramandasani, Chief Financial Officer of the Company, has tendered his resignation from the services of the Company to pursue other opportunities outside the organisation. He will be continuing to hold his current position of CFO until December 23, 2022. The Company is in the process of identifying/appointing a new CFO and same will be communicated to the stock exchanges in due course.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹352, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 442% over the past three years.
Reported Earnings • Oct 22Second quarter 2023 earnings released: EPS: ₹0.26 (vs ₹3.18 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.26 (down from ₹3.18 in 2Q 2022). Revenue: ₹1.11b (up 52% from 2Q 2022). Net income: ₹5.79m (down 90% from 2Q 2022). Profit margin: 0.5% (down from 7.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 12Onward Technologies Limited to Report Q2, 2023 Results on Oct 21, 2022Onward Technologies Limited announced that they will report Q2, 2023 results on Oct 21, 2022
お知らせ • Sep 30Onward Technologies Limited Accepts the Resignation of Prachi Mehta from the Post of DirectorshipOnward Technologies Limited, at its board meeting held on September 29, 2022, accepted and noted the resignation tendered by Ms. Prachi Mehta (DIN: 06811085) from the post of Directorship of the Company with effect from September 29, 2022.
お知らせ • Jul 19Onward Technologies Limited Announces Management ChangesOnward Technologies Limited approved the resignation of Ms. Dimple Chauhan (Mem. No. A51595) as a Company Secretary and Compliance Officer of the Company with effect from close of working hours of July 22, 2022 due to further career opportunities, at its board meeting held on July 18, 2022. The company approved the appointment of Ms. Shama Pawar (Mem. No. A28393) as a Company Secretary and Compliance Officer of the Company with effect from July 23, 2022.
Upcoming Dividend • Jul 01Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.9%).
Reported Earnings • Jun 29Full year 2022 earnings released: EPS: ₹12.62 (vs ₹4.52 in FY 2021)Full year 2022 results: EPS: ₹12.62 (up from ₹4.52 in FY 2021). Revenue: ₹3.07b (up 28% from FY 2021). Net income: ₹236.8m (up 223% from FY 2021). Profit margin: 7.7% (up from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 28Onward Technologies Limited, Annual General Meeting, Jul 18, 2022Onward Technologies Limited, Annual General Meeting, Jul 18, 2022, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of Board of Directors and the Auditors thereon; to declare final dividend on Equity Shares for the financial year ended March 31, 2022; to appoint a Director in place of Mrs. Prachi Mehta (DIN: 06811085), who retires by rotation and being eligible, offers herself for re-appointment; to consider the appointment of M/s. BSR & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company and if thought fit; and to consider other matters.
Recent Insider Transactions • Jun 01Insider recently bought ₹1.3m worth of stockOn the 26th of May, Varsha Meghani bought around 5k shares on-market at roughly ₹274 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹4.9m. Despite this recent purchase, insiders have collectively sold ₹12m more in shares than they bought in the last 12 months.
Reported Earnings • May 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹12.62 (up from ₹4.52 in FY 2021). Revenue: ₹3.29b (up 37% from FY 2021). Net income: ₹236.8m (up 223% from FY 2021). Profit margin: 7.2% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 05Onward Technologies Limited to Report Q4, 2022 Results on May 13, 2022Onward Technologies Limited announced that they will report Q4, 2022 results on May 13, 2022
Recent Insider Transactions • Apr 07Insider recently sold ₹1.2m worth of stockOn the 31st of March, Santosh Upadhyay sold around 3k shares on-market at roughly ₹362 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹15m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹425, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 579% over the past three years.
Recent Insider Transactions • Mar 19Chief Financial Officer recently sold ₹361k worth of stockOn the 15th of March, Devanand Ramandasani sold around 1k shares on-market at roughly ₹361 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Devanand has been a seller over the last 12 months, reducing personal holdings by ₹3.6m.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₹355, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 532% over the past three years.
Recent Insider Transactions • Mar 05Non-Executive Independent Director recently bought ₹4.9m worth of stockOn the 2nd of March, Parish Meghani bought around 17k shares on-market at roughly ₹291 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹14m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Feb 25Non-Executive Independent Director recently bought ₹1.8m worth of stockOn the 21st of February, Parish Meghani bought around 6k shares on-market at roughly ₹326 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹20m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Feb 16Insider recently sold ₹2.3m worth of stockOn the 7th of February, Sandip Mahajan sold around 6k shares on-market at roughly ₹389 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹24m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 04Chief Financial Officer recently sold ₹2.1m worth of stockOn the 1st of February, Devanand Ramandasani sold around 6k shares on-market at roughly ₹353 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. This was Devanand's only on-market trade for the last 12 months.
Recent Insider Transactions • Feb 01Insider recently sold ₹2.9m worth of stockOn the 25th of January, Pratish Mehta sold around 8k shares on-market at roughly ₹342 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.3m. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.
Recent Insider Transactions • Jan 28Insider recently sold ₹3.3m worth of stockOn the 20th of January, V. Sankar sold around 9k shares on-market at roughly ₹365 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months.
Reported Earnings • Jan 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹2.60 (up from ₹1.45 in 3Q 2021). Revenue: ₹775.5m (up 34% from 3Q 2021). Net income: ₹49.8m (up 112% from 3Q 2021). Profit margin: 6.4% (up from 4.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 43%. Earnings per share (EPS) missed analyst estimates by 43%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Dec 19Insider recently sold ₹2.1m worth of stockOn the 15th of December, Pratish Mehta sold around 8k shares on-market at roughly ₹281 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹11m more than they bought in the last 12 months.
お知らせ • Nov 25Onward Technologies Limited (BSE:517536) agreed to acquire NV Pune Technology Park Private Limited.Onward Technologies Limited (BSE:517536) agreed to acquire NV Pune Technology Park Private Limited on November 24, 2021. The transaction is approved by the Board of Onward Technologies Limited.
Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹269, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 425% over the past three years.
Reported Earnings • Oct 24Second quarter 2022 earnings released: EPS ₹3.18 (vs ₹1.50 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹770.5m (up 28% from 2Q 2021). Net income: ₹55.9m (up 130% from 2Q 2021). Profit margin: 7.3% (up from 4.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Aug 07Insider recently sold ₹650k worth of stockOn the 3rd of August, Raju Samtani sold around 3k shares on-market at roughly ₹260 per share. In the last 3 months, they made an even bigger sale worth ₹3.9m. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months.
Recent Insider Transactions • Jul 28Insider recently sold ₹2.0m worth of stockOn the 22nd of July, Vaibhav Chipte sold around 8k shares on-market at roughly ₹245 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹8.3m more than they bought in the last 12 months.
Reported Earnings • Jul 16First quarter 2022 earnings released: EPS ₹6.03 (vs ₹0.24 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹851.4m (up 52% from 1Q 2021). Net income: ₹98.9m (up ₹95.0m from 1Q 2021). Profit margin: 12% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹230, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 248% over the past three years.
お知らせ • Jul 01Onward Technologies Limited announced that it has received INR 282.75 million in funding from Infinity Direct HoldingsOn June 30, 2021, Onward Technologies Limited (BSE:517536) closed the transaction. the company announced that the transaction was approved by the board of directors of the company.
Upcoming Dividend • Jun 30Upcoming dividend of ₹3.00 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 13 August 2021. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.2%).
Reported Earnings • Jun 24Full year 2021 earnings released: EPS ₹4.52 (vs ₹3.90 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹2.40b (down 12% from FY 2020). Net income: ₹73.4m (up 18% from FY 2020). Profit margin: 3.1% (up from 2.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
お知らせ • May 28Onward Technologies Limited announced that it expects to receive INR 282.75 million in funding from Infinity Direct HoldingsOnward Technologies Limited (BSE:517536) announced a private placement of 1,100,000 shares at a price of INR 130 per share for gross proceeds of INR 143,000,000, 4,300,000 convertible warrants on May 27, 2021. The securities will be issued on preferential basis. The transaction included participation from new investor Infinity Direct Holdings for 1,100,000 shares and 4,300,000 convertible warrants, for an equity stake of 24.78%. The warrants will be convertible into one common share of the company in one or more tranches at INR 130 per share and will mature in 18 months from the date of the allotment. The company will receive 25% of the total amount, which is INR 139,750,000, as upfront payment at the time of allotment of warrants and the remaining 75% will be paid within 18months. The transaction has been approved by the shareholders/board of the company.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹142, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 73% over the past three years.