Onward Technologies Limited

BSE:517536 Stock Report

Market Cap: ₹7.6b

Onward Technologies Management

Management criteria checks 1/4

Onward Technologies' CEO is Jigar Mehta, appointed in May 2016, has a tenure of 8.67 years. total yearly compensation is ₹34.72M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 1.66% of the company’s shares, worth ₹125.97M. The average tenure of the management team and the board of directors is 1.7 years and 3.6 years respectively.

Key information

Jigar Mehta

Chief executive officer

₹34.7m

Total compensation

CEO salary percentage37.4%
CEO tenure8.7yrs
CEO ownership1.7%
Management average tenure1.7yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jigar Mehta's remuneration changed compared to Onward Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹241m

Jun 30 2024n/an/a

₹301m

Mar 31 2024₹35m₹13m

₹339m

Dec 31 2023n/an/a

₹345m

Sep 30 2023n/an/a

₹301m

Jun 30 2023n/an/a

₹212m

Mar 31 2023₹15m₹13m

₹115m

Dec 31 2022n/an/a

₹75m

Sep 30 2022n/an/a

₹100m

Jun 30 2022n/an/a

₹150m

Mar 31 2022₹21m₹13m

₹237m

Dec 31 2021n/an/a

₹226m

Sep 30 2021n/an/a

₹200m

Jun 30 2021n/an/a

₹168m

Mar 31 2021₹14m₹7m

₹73m

Dec 31 2020n/an/a

₹22m

Sep 30 2020n/an/a

₹27m

Jun 30 2020n/an/a

₹33m

Mar 31 2020₹13m₹4m

₹62m

Dec 31 2019n/an/a

₹124m

Sep 30 2019n/an/a

₹125m

Jun 30 2019n/an/a

₹114m

Mar 31 2019₹8m₹8m

₹101m

Dec 31 2018n/an/a

₹81m

Sep 30 2018n/an/a

₹56m

Jun 30 2018n/an/a

₹63m

Mar 31 2018₹8m₹8m

₹67m

Compensation vs Market: Jigar's total compensation ($USD404.14K) is above average for companies of similar size in the Indian market ($USD41.99K).

Compensation vs Earnings: Jigar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jigar Mehta (45 yo)

8.7yrs

Tenure

₹34,720,000

Compensation

Mr. Jigar Harish Mehta has been the Managing Director of Onward Technologies Limited since May 16, 2016. Mr. Mehta served as the Chief Operating Officer of Onward Technologies Limited until May 16, 2016 an...

Leadership Team

NamePositionTenureCompensationOwnership
Harish Mehta
Founder & Executive Chairman33.5yrs₹38.55m0.96%
₹ 72.5m
Jigar Mehta
MD & Executive Director8.7yrs₹34.72m1.66%
₹ 126.0m
Pawan Nathani
Chief Financial Officer1.7yrs₹473.00kno data
Vinav Agarwal
Company Secretary & Compliance Officer1.3yrs₹149.00kno data
Sandeep Bhattacharya
Senior Vice President of Learning & Organizational Developmentno datano datano data
Satish Ramanan
Senior VP & Head of IT Servicesno datano data0.044%
₹ 3.3m

1.7yrs

Average Tenure

Experienced Management: 517536's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Harish Mehta
Founder & Executive Chairman33.5yrs₹38.55m0.96%
₹ 72.5m
Jigar Mehta
MD & Executive Director8.7yrs₹34.72m1.66%
₹ 126.0m
Dhanpal Jhaveri
Non-Executive Independent Directors1.7yrs₹390.00kno data
Harsha Raghavan
Non-Independent Non-Executive Director3.6yrsno datano data
Jai Diwanji
Non-Executive Independent Directors1.7yrs₹165.00k0.025%
₹ 1.9m
Jay Sonawala
Independent Non-Executive Director4.7yrs₹515.00k0.0022%
₹ 167.6k
Niranjani Chandramouli
Women Independent & Non-Executive Director2.3yrs₹345.00kno data

3.6yrs

Average Tenure

52yo

Average Age

Experienced Board: 517536's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 16:52
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Onward Technologies Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research