Onward Technologies financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹170cr+22.5% on Q2 FY26
Net profit
₹16.8cr+40.5% on Q2 FY26
EBITDA margin
15.6%+1.3 pts on Q2 FY26
EPS
₹7.65+45.4% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue170139+22.5%
EBITDA26.519.9+33.5%
EBITDA margin15.6%14.3%+1.3 pts
Profit before tax22.115.8+39.8%
Net profit16.811.9+40.5%
EPS₹7.65₹5.26+45.4%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹170 crNet profit₹16.8 crNet margin9.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
907————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
48.036.924.331.247.3
0.00.00.00.00.5
859————
591544491472441
—+10.7%+4.0%+7.1%—
79.771.844.752.227.3
13.5%13.2%9.1%11.1%6.2%
61.956.031.339.214.3
47.644.327.133.911.5
8.0%8.2%5.5%7.2%2.6%
₹21.21₹19.75₹12.06₹15.11₹5.11
—+63.7%−20.2%+195.4%—
—65.131.562.35.7
—−19.1−3.7−2.0−7.2
46.046.027.960.3−1.5
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ONWARDTEC₹404.00

Onward Technologies Limited

· Technology
₹ CrorePeersVAKRANGEEADSLKELLTONTECEXCELSOFTSIGMAGENESYSDIGISPICETERASOFTMcap ₹907 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————906.7
- Cash, Equiv & ST Investments47.331.224.336.948.0
+ Total Debt0.50.00.00.00.0
Enterprise Value————858.8
Revenue440.9472.4491.3543.9591.3
Growth %, YoY—+7.1+4.0+10.7—
EBITDA27.352.244.771.879.7
Margin %6.1911.059.1013.2113.48
EBIT14.339.231.356.061.9
Net Income11.533.927.144.347.6
Margin %2.607.185.518.158.05
EPS, Adj (current shares)5.1115.1112.0619.7521.21
Growth %, YoY—+195.4-20.2+63.7—
Cash from Operations5.762.331.565.1—
Capital Expenditures-7.2-2.0-3.7-19.1—
Free Cash Flow-1.560.327.946.046.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Onward Technologies financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Onward Technologies (NSE: ONWARDTEC) had a market capitalisation of ₹885 crore at the previous close (₹404.00 a share), a PE ratio of 18.6 on the last four quarters' profit and a price-to-book ratio of 3.59. In FY26 its consolidated net profit was ₹44.3 crore on revenue of ₹544 crore; in Q2 FY27 (July–September 2026) it was ₹16.8 crore, up 40.5% year on year. It had no borrowings on 30 September 2026. Promoters held 40.20% of the shares on 30 September 2026.

Share price used
₹404.00 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Onward Technologies at a glance · consolidated

Market cap
₹885 Crat ₹404.00 · previous close
PE ratio (last 4 quarters)
18.620.0 on FY26 profit
Price to book (PB)
3.59book value ₹112.47 a share
ROE (FY26)
18.6%+6.0 pts vs FY25ROCE 20.2%
Debt to equity
0.00net cash ₹95.8 Cr
Promoter holding
40.20%+0.2 pts vs 30 Jun 202630 September 2026
Dividend yield
1.98%₹8 a share in 12 months
Net worth
₹246 Cr+6.2% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹46 Cr+65.0% vs FY25

Questions

What is the Onward Technologies PE ratio today?

Onward Technologies' PE ratio is 18.6 at the previous close (₹404.00 a share): a market capitalisation of ₹885 crore divided by consolidated net profit of ₹47.6 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹44.3 crore) it is 20.0.

What is the Onward Technologies PB ratio (price to book value)?

Onward Technologies' price-to-book (PB) ratio is 3.59 at the previous close: a market capitalisation of ₹885 crore divided by shareholders' equity (book value) of ₹246 crore on 30 September 2026. That is a book value of ₹112.47 per share against a share price of ₹404.00.

What is the Onward Technologies book value per share?

Onward Technologies' book value per share was ₹112.47 on 30 September 2026: shareholders' equity of ₹246 crore divided by the 2.19 crore shares in issue, up 9.2% from ₹103.03 a year earlier. The share price at the previous close was ₹404.00.

What is the Onward Technologies market cap?

Onward Technologies' market capitalisation was ₹885 crore at the previous close: 2.19 crore shares at ₹404.00 each.

Is Onward Technologies debt free?

Yes. Onward Technologies had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹95.8 crore of cash, bank balances and current investments.

What is the Onward Technologies dividend in 2026 and its record date?

In 2026, Onward Technologies has declared one dividend: ₹8 with record date 3 July 2026.

What is the Onward Technologies debt to equity ratio?

Onward Technologies' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹246 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the Onward Technologies net worth?

Onward Technologies' net worth — shareholders' equity in its consolidated balance sheet — was ₹246 crore on 30 September 2026, up 6.2% from ₹232 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹885 crore at the previous close.

What is the Onward Technologies dividend yield?

Onward Technologies' dividend yield is 1.98% at the previous close: dividends of ₹8 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹404.00. They were ₹8 on 3 July 2026.

What is the Onward Technologies ROE and ROCE?

In FY26, Onward Technologies' return on equity (ROE) was 18.6% and its return on capital employed (ROCE) was 20.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.6% and ROCE 12.7%.

What is the Onward Technologies promoter holding?

Promoters held 40.20% of Onward Technologies on 30 September 2026, up 0.23 percentage points from 39.97% the previous quarter and up 1.18 percentage points from 39.02% a year earlier, according to the shareholding pattern filed with NSE.

What is the Onward Technologies shareholding pattern?

On 30 September 2026, Onward Technologies' shares were held by promoters 40.20%, foreign portfolio investors (FII/FPI) 9.28%, domestic institutions (DII) 1.74% (including mutual funds at 1.44%) and retail and other non-institutional investors 47.26%. Over the year, FII holding was up 0.07 percentage points from 9.21% and DII holding was down 2.26 percentage points from 4.00%.

What is the Onward Technologies EPS?

Onward Technologies' basic earnings per share (EPS) were ₹19.64 in FY26, against ₹11.97 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹21.41.

What is the Onward Technologies free cash flow?

In FY26, Onward Technologies generated ₹65.1 crore of cash from operations and spent ₹19.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹46 crore. In FY25 it was ₹27.9 crore.

When are the Onward Technologies next results?

Onward Technologies has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What are the Onward Technologies latest quarterly results?

Onward Technologies' latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: consolidated net profit ₹16.8 crore, up 40.5% from ₹11.9 crore in Q2 FY26; revenue from operations ₹170 crore, up 22.5% year on year.

What is the Onward Technologies revenue and profit in FY26?

In FY26 (April 2025–March 2026), Onward Technologies' consolidated net profit was ₹44.3 crore, up 63.7% from ₹27.1 crore in FY25, on revenue from operations of ₹544 crore (up 10.7%). Over three years, from FY23, net profit was up 286.1%.

Onward Technologies vs Vakrangee: how do they compare?

In FY26, Onward Technologies earned net profit of ₹44.3 crore on revenue of ₹544 crore, against ₹11.3 crore on ₹255 crore for Vakrangee. Onward Technologies' operating margin was 10.3% (Vakrangee 4.0%) and its return on equity 18.6% (Vakrangee 5.4%).

How does Onward Technologies compare with its peers?

On FY26 consolidated figures, against Vakrangee, Allied Digital Services and Kellton Tech Solutions: Onward Technologies' operating margin of 10.3% is the highest of the four (Vakrangee 4.0%, Allied Digital Services 3.8%, Kellton Tech Solutions 9.9%; peer average 5.9%); its return on equity of 18.6% is the highest of the four (Vakrangee 5.4%, Allied Digital Services 4.7%, Kellton Tech Solutions 13.7%; peer average 7.9%); its revenue growth over three years of 7.2% a year is the lowest of the four (Vakrangee 8.9% a year, Allied Digital Services 13.6% a year, Kellton Tech Solutions 9.9% a year; peer average 10.8% a year).

Where do these Onward Technologies figures come from?

From Onward Technologies' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.