View Past PerformanceOnward Technologies バランスシートの健全性財務の健全性 基準チェック /66Onward Technologiesの総株主資本は₹2.5B 、総負債は₹0.0で、負債比率は0%となります。総資産と総負債はそれぞれ₹3.7Bと₹1.2Bです。 Onward Technologiesの EBIT は₹560.5Mで、利息カバレッジ比率19.4です。現金および短期投資は₹1.1Bです。主要情報0%負債資本比率₹0負債インタレスト・カバレッジ・レシオ19.4x現金₹1.11bエクイティ₹2.54b負債合計₹1.17b総資産₹3.71b財務の健全性に関する最新情報分析記事 • Feb 02We Think Onward Technologies (NSE:ONWARDTEC) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 15We Think Onward Technologies (NSE:ONWARDTEC) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Sep 08Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Mar 18Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...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.New Risk • May 09New 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). Market cap is less than US$100m (₹6.30b market cap, or US$66.8m).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 • Mar 30New 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 8.0% 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 (8.0% average weekly change). Market cap is less than US$100m (₹4.78b market cap, or US$50.5m).Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ₹324. 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%.分析記事 • Feb 02We Think Onward Technologies (NSE:ONWARDTEC) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹348, 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 4.5% 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 8.0% 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.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹362, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 38% over the past three years.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 34% 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.分析記事 • May 17Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC) After Shares Rise 27%Onward Technologies Limited ( NSE:ONWARDTEC ) shareholders would be excited to see that the share price has had a great...Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 35%After last week's 35% 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 9.3% 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 ₹230. The fair value is estimated to be ₹189, 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 7.8% 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 (7.8% 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 (₹5.52b market cap, or US$64.4m).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.分析記事 • Feb 15We Think Onward Technologies (NSE:ONWARDTEC) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Jan 29Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to ₹255. The fair value is estimated to be ₹210, 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%.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₹252, 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.分析記事 • Jan 16Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)With a median price-to-earnings (or "P/E") ratio of close to 31x in India, you could be forgiven for feeling...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 21New 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 22% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 17Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹403. The fair value is estimated to be ₹335, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 11%.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹488, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 95% over the past three years.分析記事 • Jul 16Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...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).分析記事 • May 25We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can AchieveEven though Onward Technologies Limited ( NSE:ONWARDTEC ) posted strong earnings, investors appeared to be...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 55% 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分析記事 • Mar 14Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₹482. The fair value is estimated to be ₹609, 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 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹693, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 655% over the past three years.分析記事 • Dec 19Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price SurgeThe Onward Technologies Limited ( NSE:ONWARDTEC ) share price has done very well over the last month, posting an...分析記事 • Nov 10Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Onward Technologies fair value estimate is ₹580 With ₹553...Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹485, 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 711% over the past three years.分析記事 • Oct 24Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...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.分析記事 • Sep 08Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...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分析記事 • Jul 09Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00The board of Onward Technologies Limited ( NSE:ONWARDTEC ) has announced that it will pay a dividend of ₹3.00 per share...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%).分析記事 • Jun 25Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00Onward Technologies Limited's ( NSE:ONWARDTEC ) investors are due to receive a payment of ₹3.00 per share on 16th of...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 117% 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.分析記事 • Mar 18Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...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.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹354, the stock trades at a trailing P/E ratio of 71x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 444% over the past three years.分析記事 • Nov 19Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...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.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.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.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 15% share price gain to ₹426, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 588% 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 25% share price gain to ₹357, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 538% 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.財務状況分析短期負債: ONWARDTECの 短期資産 ( ₹2.6B ) が 短期負債 ( ₹718.0M ) を超えています。長期負債: ONWARDTECの短期資産 ( ₹2.6B ) が 長期負債 ( ₹452.6M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: ONWARDTECは負債がありません。負債の削減: ONWARDTEC負債比率が20.6%であった 5 年前と比べて負債がありません。債務返済能力: ONWARDTECには負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: ONWARDTECには負債がないため、利息支払い の負担は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/24 09:06終値2026/05/22 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
分析記事 • Feb 02We Think Onward Technologies (NSE:ONWARDTEC) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 15We Think Onward Technologies (NSE:ONWARDTEC) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Sep 08Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Mar 18Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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.
New Risk • May 09New 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). Market cap is less than US$100m (₹6.30b market cap, or US$66.8m).
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 • Mar 30New 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 8.0% 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 (8.0% average weekly change). Market cap is less than US$100m (₹4.78b market cap, or US$50.5m).
Buy Or Sell Opportunity • Feb 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ₹324. 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%.
分析記事 • Feb 02We Think Onward Technologies (NSE:ONWARDTEC) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹348, 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 4.5% 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 8.0% 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.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹362, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 38% over the past three years.
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 34% 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.
分析記事 • May 17Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC) After Shares Rise 27%Onward Technologies Limited ( NSE:ONWARDTEC ) shareholders would be excited to see that the share price has had a great...
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 35%After last week's 35% 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 9.3% 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 ₹230. The fair value is estimated to be ₹189, 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 7.8% 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 (7.8% 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 (₹5.52b market cap, or US$64.4m).
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.
分析記事 • Feb 15We Think Onward Technologies (NSE:ONWARDTEC) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Jan 29Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to ₹255. The fair value is estimated to be ₹210, 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%.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₹252, 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.
分析記事 • Jan 16Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)With a median price-to-earnings (or "P/E") ratio of close to 31x in India, you could be forgiven for feeling...
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 21New 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 22% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 17Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹403. The fair value is estimated to be ₹335, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 11%.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹488, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 95% over the past three years.
分析記事 • Jul 16Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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).
分析記事 • May 25We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can AchieveEven though Onward Technologies Limited ( NSE:ONWARDTEC ) posted strong earnings, investors appeared to be...
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 55% 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
分析記事 • Mar 14Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₹482. The fair value is estimated to be ₹609, 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 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹693, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 655% over the past three years.
分析記事 • Dec 19Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price SurgeThe Onward Technologies Limited ( NSE:ONWARDTEC ) share price has done very well over the last month, posting an...
分析記事 • Nov 10Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Onward Technologies fair value estimate is ₹580 With ₹553...
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹485, 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 711% over the past three years.
分析記事 • Oct 24Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
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.
分析記事 • Sep 08Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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
分析記事 • Jul 09Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00The board of Onward Technologies Limited ( NSE:ONWARDTEC ) has announced that it will pay a dividend of ₹3.00 per share...
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%).
分析記事 • Jun 25Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00Onward Technologies Limited's ( NSE:ONWARDTEC ) investors are due to receive a payment of ₹3.00 per share on 16th of...
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 117% 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.
分析記事 • Mar 18Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹354, the stock trades at a trailing P/E ratio of 71x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 444% over the past three years.
分析記事 • Nov 19Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
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.
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.
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.
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 15% share price gain to ₹426, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 588% 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 25% share price gain to ₹357, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 538% 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.