Onward Technologies Limited

Onward Technologies Limited (ONWARDTEC) is a micro-cap Information Technology company valued at ₹951 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

Onward Technologies Limited last traded at ₹357, modestly down 0.68% on the day.

Recent developments

On 2026-07-03, the company announced a dividend of ₹8.00 per share, ex-date. Promoter holding decreased by 5.10% over the last three years as of 2026-06-30.

Financial performance

The company's business has improved, with annual revenue rising 10.8% and net profit surging 63.0%. However, the latest quarter saw net profit fall 15.4% compared to the same quarter a year earlier, despite revenue growth of 12.0%. The net profit margin expanded 2.6 percentage points to 8.1%, while return on equity remained steady at 19.5%.

Valuation multiples

The stock trades at 18.2 times earnings, broadly in line with the Information Technology median of 20.7, 2.52 times book value. It yields 2.8%.

Things to watch

The company's latest quarter net profit fell 15.4% compared to the same quarter a year earlier. Promoter holding has decreased by 5.10% over the last three years. The stock is 17.2% below its 52-week high.

Where it stands

Onward Technologies Ltd has shown strong annual growth in revenue and net profit, but the latest quarter's net profit decline contrasts with the year-over-year revenue increase. Promoter holding has decreased by 5.10% over the last three years, and the stock is 17.2% below its 52-week high. The latest quarter net profit change of -15.4% is the most significant figure.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.