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 ₹120.47M. 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 percentage | 37.4% |
| CEO tenure | 8.7yrs |
| CEO ownership | 1.7% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth Watching
Jul 16
We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can Achieve
May 25Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate Capital
Mar 14Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price Surge
Dec 19Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)
Nov 10Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?
Oct 24Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet
Sep 08Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00
Jul 09Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00
Jun 25Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?
Mar 18Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)
Nov 19Onward Technologies (NSE:ONWARDTEC) Hasn't Managed To Accelerate Its Returns
Nov 17Increases to Onward Technologies Limited's (NSE:ONWARDTEC) CEO Compensation Might Cool off for now
Jul 08Onward Technologies' (NSE:ONWARDTEC) Upcoming Dividend Will Be Larger Than Last Year's
Jun 26We Think Onward Technologies' (NSE:ONWARDTEC) Healthy Earnings Might Be Conservative
May 20Investors Could Be Concerned With Onward Technologies' (NSE:ONWARDTEC) Returns On Capital
May 10Is Onward Technologies Limited's (NSE:ONWARDTEC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 18Onward Technologies (NSE:ONWARDTEC) Seems To Use Debt Quite Sensibly
Feb 25Our Take On The Returns On Capital At Onward Technologies (NSE:ONWARDTEC)
Feb 04Key Things To Watch Out For If You Are After Onward Technologies Limited's (NSE:ONWARDTEC) 1.4% Dividend
Jan 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹241m |
| Jun 30 2024 | n/a | n/a | ₹301m |
| Mar 31 2024 | ₹35m | ₹13m | ₹339m |
| Dec 31 2023 | n/a | n/a | ₹345m |
| Sep 30 2023 | n/a | n/a | ₹301m |
| Jun 30 2023 | n/a | n/a | ₹212m |
| Mar 31 2023 | ₹15m | ₹13m | ₹115m |
| Dec 31 2022 | n/a | n/a | ₹75m |
| Sep 30 2022 | n/a | n/a | ₹100m |
| Jun 30 2022 | n/a | n/a | ₹150m |
| Mar 31 2022 | ₹21m | ₹13m | ₹237m |
| Dec 31 2021 | n/a | n/a | ₹226m |
| Sep 30 2021 | n/a | n/a | ₹200m |
| Jun 30 2021 | n/a | n/a | ₹168m |
| Mar 31 2021 | ₹14m | ₹7m | ₹73m |
| Dec 31 2020 | n/a | n/a | ₹22m |
| Sep 30 2020 | n/a | n/a | ₹27m |
| Jun 30 2020 | n/a | n/a | ₹33m |
| Mar 31 2020 | ₹13m | ₹4m | ₹62m |
| Dec 31 2019 | n/a | n/a | ₹124m |
| Sep 30 2019 | n/a | n/a | ₹125m |
| Jun 30 2019 | n/a | n/a | ₹114m |
| Mar 31 2019 | ₹8m | ₹8m | ₹101m |
| Dec 31 2018 | n/a | n/a | ₹81m |
| Sep 30 2018 | n/a | n/a | ₹56m |
| Jun 30 2018 | n/a | n/a | ₹63m |
| Mar 31 2018 | ₹8m | ₹8m | ₹67m |
Compensation vs Market: Jigar's total compensation ($USD405.46K) is above average for companies of similar size in the Indian market ($USD42.06K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 33.5yrs | ₹38.55m | 0.96% ₹ 69.3m | |
| MD & Executive Director | 8.7yrs | ₹34.72m | 1.66% ₹ 120.5m | |
| Chief Financial Officer | 1.7yrs | ₹473.00k | no data | |
| Company Secretary & Compliance Officer | 1.3yrs | ₹149.00k | no data | |
| Senior Vice President of Learning & Organizational Development | no data | no data | no data | |
| Senior VP & Head of IT Services | no data | no data | 0.044% ₹ 3.2m |
1.7yrs
Average Tenure
Experienced Management: ONWARDTEC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 33.5yrs | ₹38.55m | 0.96% ₹ 69.3m | |
| MD & Executive Director | 8.7yrs | ₹34.72m | 1.66% ₹ 120.5m | |
| Non-Executive Independent Directors | 1.7yrs | ₹390.00k | no data | |
| Non-Independent Non-Executive Director | 3.6yrs | no data | no data | |
| Non-Executive Independent Directors | 1.7yrs | ₹165.00k | 0.025% ₹ 1.8m | |
| Independent Non-Executive Director | 4.7yrs | ₹515.00k | 0.0022% ₹ 160.3k | |
| Women Independent & Non-Executive Director | 2.3yrs | ₹345.00k | no data |
3.6yrs
Average Tenure
52yo
Average Age
Experienced Board: ONWARDTEC's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 05:16 |
| End of Day Share Price | 2025/01/01 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| Vijay Madunala | FirstCall Research |