Onward Technologies cash flow

Latest FY26

Cash from operations: ₹65.1cr+106.4% on FY25
Capital spending: ₹19.1cr+420.7% on FY25
Free cash flow: ₹46.0cr+65.0% on FY25
Cash from financing: −₹31.3cr−₹21.2 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	15.8	13.4	13.0	13.0
	—	2.9	2.2	1.3	1.7
	—	0.0	0.0	0.0	−2.0
	—	0.9	1.2	0.0	3.8
	—	0.2	−0.1	−0.9	−0.2
	—	0.0	0.0	0.0	0.3
	—	0.0	0.0	0.0	−0.5
	—	−6.1	−8.7	8.9	−30.0
	—	−0.3	−1.0	−0.2	−0.5
	—	0.0	0.0	0.0	−0.4
	—	0.6	−5.3	−1.7	1.2
	—	0.0	0.0	0.0	−0.3
	—	3.9	−3.4	2.2	0.4
	—	6.9	5.5	−4.6	6.3
	—	−0.5	0.6	−1.0	0.3
	—	6.2	2.6	1.9	−0.6
	—	0.0	0.0	0.0	−1.2
Cash from operating activities
	62.2	57.0	36.3	45.2	18.0
	—	30.4	7.0	18.8	−8.6
	—	87.5	43.3	64.0	9.4
	—	−5.4	−5.3	−4.8	0.0
	—	−0.0	−0.3	5.1	0.0
	—	17.0	6.1	2.0	3.7
	—	65.1	31.5	62.3	5.7
Cash from investing activities
	—	18.0	2.4	1.3	5.2
	—	1.1	1.3	0.7	2.0
	—	0.1	0.1	0.4	0.4
	—	100	56.1	61.6	0.0
	—	90.4	38.0	0.5	0.0
	—	7.3	4.5	0.3	2.1
	—	0.0	0.0	0.0	10.7
	—	−21.6	−17.2	−62.3	6.0
Cash from financing activities
	—	0.1	0.3	0.3	0.4
	—	0.0	0.0	0.5	0.1
	—	10.0	10.3	0.0	7.9
	—	—	—	9.3	0.0
	—	0.0	0.0	0.0	0.1
	—	11.3	11.2	6.7	6.6
	—	−10.1	0.0	0.0	0.0
	—	−31.3	−21.2	−16.2	−14.2
	—	12.2	−6.9	−16.2	−2.5
	—	0.3	0.0	0.1	0.2
	—	12.5	−6.9	−16.1	−2.3
	—	—	—	31.2	47.3
Reference items
	79.7	71.8	44.7	52.2	27.3
	13.5%	13.2%	9.1%	11.1%	6.2%
	46.0	46.0	27.9	60.3	−1.5
	—	—	—	59.8	—
	₹20.48	₹20.48	₹12.41	₹26.88	−₹0.65
	19.73×	—	—	—	—
	—	1.47×	1.16×	1.84×	0.50×
	—	17.0	6.1	2.0	3.7
	—	—	—	0.0	0.1

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

alphave

ONWARDTEC₹404.00

Onward Technologies Limited

· Technology

₹ CrorePeersVAKRANGEE ADSL KELLTONTEC EXCELSOFT SIGMA GENESYS DIGISPICE TERASOFTMcap ₹907 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	13.0	13.0	13.4	15.8	—
+ Finance Costs	1.7	1.3	2.2	2.9	—
+ Interest Income	-2.0	0.0	0.0	0.0	—
+ Share-based Payments	3.8	0.0	1.2	0.9	—
+ Unrealised FX (Gain) / Loss	-0.2	-0.9	-0.1	0.2	—
+ Other Non-cash Items	0.3	0.0	0.0	0.0	—
+ Other — Cash Effects are Investing / Financing	-0.5	0.0	0.0	0.0	—
Changes in Working Capital
+ Trade Receivables — Current	-30.0	8.9	-8.7	-6.1	—
+ Other Financial Assets — Current	-0.5	-0.2	-1.0	-0.3	—
+ Other Financial Assets — Non-current	-0.4	0.0	0.0	0.0	—
+ Other Current Assets	1.2	-1.7	-5.3	0.6	—
+ Other Non-current Assets	-0.3	0.0	0.0	0.0	—
+ Trade Payables — Current	0.4	2.2	-3.4	3.9	—
+ Other Financial Liabilities — Current	6.3	-4.6	5.5	6.9	—
+ Other Current Liabilities	0.3	-1.0	0.6	-0.5	—
+ Provisions — Current	-0.6	1.9	2.6	6.2	—
+ Provisions — Non-current	-1.2	0.0	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	18.0	45.2	36.3	57.0	62.2
+ Total Adjustments (incl. Working Capital)	-8.6	18.8	7.0	30.4	—
Cash from Operations (pre-tax)	9.4	64.0	43.3	87.5	—
+ Interest Received — Operating	0.0	-4.8	-5.3	-5.4	—
+ Other Inflows / (Outflows) — Operating	0.0	5.1	-0.3	-0.0	—
+ Income Taxes Paid	3.7	2.0	6.1	17.0	—
Cash from Operating Activities	5.7	62.3	31.5	65.1	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	5.2	1.3	2.4	18.0	—
+ Acq of Intangible Assets	2.0	0.7	1.3	1.1	—
+ Disp of Fixed Assets	0.4	0.4	0.1	0.1	—
+ Acq of Other Long-term Assets	0.0	61.6	56.1	100.3	—
+ Disp of Other Long-term Assets	0.0	0.5	38.0	90.4	—
+ Interest Received — Investing	2.1	0.3	4.5	7.3	—
+ Other Inflows / (Outflows) — Investing	10.7	0.0	0.0	0.0	—
Cash from Investing Activities	6.0	-62.3	-17.2	-21.6	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.4	0.3	0.3	0.1	—
+ Repayment of Borrowings	0.1	0.5	0.0	0.0	—
+ Payment of Lease Liabilities	7.9	0.0	10.3	10.0	—
+ Payment of Finance Lease Liabilities	0.0	9.3	—	—	—
+ Interest Paid	0.1	0.0	0.0	0.0	—
+ Dividends Paid	6.6	6.7	11.2	11.3	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-10.1	—
Cash from Financing Activities	-14.2	-16.2	-21.2	-31.3	—
Net Changes in Cash (pre-FX)	-2.5	-16.2	-6.9	12.2	—
+ Effect of FX Rate Changes on Cash	0.2	0.1	0.0	0.3	—
Net Changes in Cash	-2.3	-16.1	-6.9	12.5	—
Closing Cash	47.3	31.2	—	—	—
Reference Items
EBITDA	27.3	52.2	44.7	71.8	79.7
EBITDA Margin %	6.19	11.05	9.10	13.21	13.48
Free Cash Flow (CFO − Capex)	-1.5	60.3	27.9	46.0	46.0
Free Cash Flow to Equity	—	59.8	—	—	—
Free Cash Flow per Basic Share	-0.65	26.88	12.41	20.48	20.48
Price to Free Cash Flow	—	—	—	—	19.73
Cash Flow to Net Income	0.50	1.84	1.16	1.47	—
Cash Paid for Taxes	3.7	2.0	6.1	17.0	—
Cash Paid for Interest	0.1	0.0	—	—	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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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%.