Onward Technologies Limited

NSEI:ONWARDTEC Stock Report

Market Cap: ₹8.4b

Onward Technologies Management

Management criteria checks 2/4

Onward Technologies' CEO is Jigar Mehta, appointed in May 2016, has a tenure of 8.08 years. total yearly compensation is ₹14.84M, comprised of 87.3% salary and 12.7% bonuses, including company stock and options. directly owns 1.67% of the company’s shares, worth ₹140.92M. The average tenure of the management team and the board of directors is 1.1 years and 3 years respectively.

Key information

Jigar Mehta

Chief executive officer

₹14.8m

Total compensation

CEO salary percentage87.3%
CEO tenure8.1yrs
CEO ownership1.7%
Management average tenure1.1yrs
Board average tenure3yrs

Recent management updates

Recent updates

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

Our Take On The Returns On Capital At Onward Technologies (NSE:ONWARDTEC)

Feb 04
Our Take On The Returns On Capital At Onward Technologies (NSE:ONWARDTEC)

Key Things To Watch Out For If You Are After Onward Technologies Limited's (NSE:ONWARDTEC) 1.4% Dividend

Jan 14
Key Things To Watch Out For If You Are After Onward Technologies Limited's (NSE:ONWARDTEC) 1.4% Dividend

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

Dec 17
Is Onward Technologies Limited's (NSE:ONWARDTEC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

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

Nov 26
Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet

Should You Be Impressed By Onward Technologies' (NSE:ONWARDTEC) Returns on Capital?

Nov 05
Should You Be Impressed By Onward Technologies' (NSE:ONWARDTEC) Returns on Capital?

CEO Compensation Analysis

How has Jigar Mehta's remuneration changed compared to Onward Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

₹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 ($USD178.44K) is above average for companies of similar size in the Indian market ($USD39.83K).

Compensation vs Earnings: Jigar's compensation has been consistent with company performance over the past year.


CEO

Jigar Mehta (45 yo)

8.1yrs

Tenure

₹14,837,000

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
Founder32.9yrs₹19.96m0.96%
₹ 81.1m
Jigar Mehta
MD & Executive Director8.1yrs₹14.84m1.67%
₹ 140.9m
Pawan Nathani
Chief Financial Officer1.1yrsno datano data
Vinav Agarwal
Company Secretary & Compliance Officerless than a yearno datano data
Sandeep Bhattacharya
Senior Vice President of Learning & Organizational Developmentno datano datano data
Satish Ramanan
Senior VP & Head of IT Servicesno datano data0.044%
₹ 3.7m

1.1yrs

Average Tenure

Experienced Management: ONWARDTEC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Harish Mehta
Founder32.9yrs₹19.96m0.96%
₹ 81.1m
Jigar Mehta
MD & Executive Director8.1yrs₹14.84m1.67%
₹ 140.9m
Dhanpal Jhaveri
Additional Independent Non-Executive Director1.1yrsno datano data
Harsha Raghavan
Additional Non-Independent Non-Executive Director3yrsno datano data
Jai Diwanji
Additional Independent Non-Executive Director1.1yrsno datano data
Jay Sonawala
Independent Non-Executive Director4.1yrs₹520.00k0.0022%
₹ 187.4k
Niranjani Chandramouli
Women Independent & Non-Executive Director1.8yrs₹155.00kno data

3.0yrs

Average Tenure

52yo

Average Age

Experienced Board: ONWARDTEC's board of directors are considered experienced (3 years average tenure).


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