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Onward Technologies NSEI:ONWARDTEC Stock Report

Last Price

₹254.95

Market Cap

₹5.8b

7D

-14.3%

1Y

-54.6%

Updated

30 Jan, 2025

Data

Company Financials

Onward Technologies Limited

NSEI:ONWARDTEC Stock Report

Market Cap: ₹5.8b

ONWARDTEC Stock Overview

Operates as a software outsourcing company specializing in digital, and engineering research and design services for the transportation and mobility, industrial equipment, heavy machinery, and healthcare and life sciences verticals. More details

ONWARDTEC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Onward Technologies Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Onward Technologies
Historical stock prices
Current Share Price₹254.95
52 Week High₹592.00
52 Week Low₹248.55
Beta1.16
1 Month Change-19.09%
3 Month Change-26.26%
1 Year Change-54.56%
3 Year Change-32.51%
5 Year Change291.63%
Change since IPO331.39%

Recent News & Updates

Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)

Jan 16
Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)

Recent updates

Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)

Jan 16
Earnings Not Telling The Story For Onward Technologies Limited (NSE:ONWARDTEC)

Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth Watching

Jul 16
Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth Watching

We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can Achieve

May 25
We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can Achieve

Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate Capital

Mar 14
Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate Capital

Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price Surge

Dec 19
Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price Surge

Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)

Nov 10
Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)

Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?

Oct 24
Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?

Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet

Sep 08
Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet

Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00

Jul 09
Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00

Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00

Jun 25
Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00

Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?

Mar 18
Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?

Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)

Nov 19
Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)

Onward Technologies (NSE:ONWARDTEC) Hasn't Managed To Accelerate Its Returns

Nov 17
Onward Technologies (NSE:ONWARDTEC) Hasn't Managed To Accelerate Its Returns

Increases to Onward Technologies Limited's (NSE:ONWARDTEC) CEO Compensation Might Cool off for now

Jul 08
Increases to Onward Technologies Limited's (NSE:ONWARDTEC) CEO Compensation Might Cool off for now

Onward Technologies' (NSE:ONWARDTEC) Upcoming Dividend Will Be Larger Than Last Year's

Jun 26
Onward Technologies' (NSE:ONWARDTEC) Upcoming Dividend Will Be Larger Than Last Year's

We Think Onward Technologies' (NSE:ONWARDTEC) Healthy Earnings Might Be Conservative

May 20
We Think Onward Technologies' (NSE:ONWARDTEC) Healthy Earnings Might Be Conservative

Investors Could Be Concerned With Onward Technologies' (NSE:ONWARDTEC) Returns On Capital

May 10
Investors Could Be Concerned With Onward Technologies' (NSE:ONWARDTEC) Returns On Capital

Is Onward Technologies Limited's (NSE:ONWARDTEC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Mar 18
Is Onward Technologies Limited's (NSE:ONWARDTEC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Onward Technologies (NSE:ONWARDTEC) Seems To Use Debt Quite Sensibly

Feb 25
Onward Technologies (NSE:ONWARDTEC) Seems To Use Debt Quite Sensibly

Shareholder Returns

ONWARDTECIN ITIN Market
7D-14.3%-0.8%-1.4%
1Y-54.6%11.8%5.8%

Return vs Industry: ONWARDTEC underperformed the Indian IT industry which returned 11.8% over the past year.

Return vs Market: ONWARDTEC underperformed the Indian Market which returned 5.8% over the past year.

Price Volatility

Is ONWARDTEC's price volatile compared to industry and market?
ONWARDTEC volatility
ONWARDTEC Average Weekly Movement6.2%
IT Industry Average Movement6.6%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.3%

Stable Share Price: ONWARDTEC has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ONWARDTEC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19912,529Jigar Mehtawww.onwardgroup.com

Onward Technologies Limited operates as a software outsourcing company specializing in digital, and engineering research and design services for the transportation and mobility, industrial equipment, heavy machinery, and healthcare and life sciences verticals. The company provides digital, embedded product and systems engineering, and mechanical product engineering services. It operates in India, the United States, Europe, and internationally.

Onward Technologies Limited Fundamentals Summary

How do Onward Technologies's earnings and revenue compare to its market cap?
ONWARDTEC fundamental statistics
Market cap₹5.79b
Earnings (TTM)₹233.47m
Revenue (TTM)₹4.82b

24.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ONWARDTEC income statement (TTM)
Revenue₹4.82b
Cost of Revenue₹3.76b
Gross Profit₹1.07b
Other Expenses₹831.78m
Earnings₹233.47m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.31
Gross Margin22.08%
Net Profit Margin4.84%
Debt/Equity Ratio16.3%

How did ONWARDTEC perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

33%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 03:34
End of Day Share Price 2025/01/30 00:00
Earnings2024/12/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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