ONWARDTEC
Onward Technologies Limited (ONWARDTEC) Stock Analysis
Onward Technologies Limited provides engineering and IT services to aerospace, automotive, and industrial clients. It offers product design, PLM, and embedded solutions from delivery centers in India and abroad. The company focuses on long-term engineering partnerships. It is listed on Indian stock exchanges as a mid-tier IT/engineering services firm.
Technology › Information Technology Services
₹356.20
+20.91% 1W | +4.80% 52W
Market Cap
780 CR
P/E Ratio
18.8
52W High
₹369
52W Low
₹208.2
Div. Yield
2.23%
Beta
0.9
50 DMA
₹289.1
200 DMA
₹276.6
Profit Margin
7.6%
Inst. Own.
1.5%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 120 | 120 | 114 | 118 | 118 | 123 | 123 | 127 | 133 | 139 | 135 | 137 | 149 |
| Expenses | 103 | 105 | 103 | 109 | 106 | 115 | 112 | 113 | 116 | 119 | 115 | 122 | 131 |
| Operating Profit | 17 | 15 | 11 | 10 | 12 | 8 | 11 | 14 | 17 | 20 | 20 | 15 | 18 |
| OPM % | 14% | 13% | 9% | 8% | 10% | 6% | 9% | 11% | 13% | 14% | 15% | 11% | 12% |
| Other Income | 0 | 1 | 3 | 3 | 2 | 2 | 1 | 3 | 2 | 1 | -2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 |
| Profit before tax | 14 | 13 | 10 | 9 | 10 | 6 | 8 | 13 | 16 | 16 | 13 | 12 | 15 |
| Tax % | 19% | 25% | 31% | 26% | 27% | 37% | 29% | 17% | 20% | 25% | 23% | 21% | 24% |
| Net Profit | 11 | 10 | 7 | 7 | 7 | 4 | 6 | 10 | 13 | 12 | 10 | 10 | 11 |
| EPS in Rs | 4.86 | 4.27 | 3.02 | 2.97 | 3.14 | 1.56 | 2.66 | 4.59 | 5.60 | 5.25 | 4.44 | 4.20 | 5.02 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 189 | 198 | 224 | 244 | 261 | 272 | 240 | 307 | 441 | 472 | 491 | 544 | 560 |
| Expenses | 177 | 184 | 212 | 233 | 239 | 248 | 223 | 286 | 414 | 420 | 447 | 472 | 487 |
| Operating Profit | 13 | 14 | 11 | 11 | 22 | 23 | 17 | 22 | 27 | 52 | 45 | 72 | 73 |
| OPM % | 7% | 7% | 5% | 4.6% | 9% | 9% | 7% | 7% | 6% | 11% | 9% | 13% | 13% |
| Other Income | 1 | 2 | 3 | 5 | 1 | 1 | 5 | 21 | 5 | 7 | 7 | 4 | 3 |
| Interest | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 1 | 2 | 3 | 3 |
| Depreciation | 5 | 4 | 4 | 5 | 6 | 11 | 10 | 10 | 13 | 13 | 13 | 16 | 17 |
| Profit before tax | 5 | 8 | 7 | 8 | 15 | 10 | 10 | 32 | 18 | 45 | 36 | 57 | 56 |
| Tax % | 37% | 61% | 38% | 11% | 33% | 35% | 25% | 26% | 36% | 25% | 25% | 22% | |
| Net Profit | 3 | 3 | 4 | 7 | 10 | 6 | 7 | 24 | 11 | 34 | 27 | 44 | 43 |
| EPS in Rs | 2.00 | 2.14 | 2.70 | 4.32 | 6.41 | 3.89 | 4.49 | 10.75 | 5.15 | 15.06 | 11.94 | 19.48 | 18.91 |
| Dividend Payout % | 0% | 47% | 37% | 23% | 23% | 39% | 67% | 28% | 58% | 33% | 42% | 41% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 18.0% | 11.0% |
| Profit CAGR | 61.0% | 45.0% | 31.0% |
Shareholding Pattern
Promoters39.02%
FIIs9.29%
DIIs3.73%
Public47.88%
Promoters39.02%
FIIs9.21%
DIIs4.00%
Public46.90%
Promoters39.09%
FIIs9.39%
DIIs2.90%
Public47.25%
Promoters39.07%
FIIs9.83%
DIIs3.54%
Public46.20%
Promoters39.97%
FIIs9.32%
DIIs1.80%
Public47.53%
Promoters45.21%
DIIs0.55%
Public54.24%
Promoters38.12%
FIIs2.50%
DIIs7.65%
Public51.73%
Promoters38.66%
FIIs9.30%
DIIs3.86%
Public48.19%
Promoters39.07%
FIIs9.83%
DIIs3.54%
Public46.20%
Promoters39.97%
FIIs9.32%
DIIs1.80%
Public47.53%
ONWARDTEC
Holdings Analysis
Key strengths & risk signals
77
Overall
67
Fundamental
87
Technical
Risks (3)
TOO MUCH PUBLIC HOLDING! 54.02% public ownership - higher volatility risk.
POSITIVE YEAR! Stock gained 4.8% in the last year.
OVERBOUGHT! RSI at 78.5 - caution, may pull back.
Strengths (4)
UNDERVALUED! PEG of 0.33 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (289.1) is above 200-day average (276.6) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 103,965 vs down days: 37,879. Ratio: 2.74x
Fundamental & Technical Analysis
77Overall
67Fundamental
87Technical
Fundamental Breakdown
Growth Quality
23/30
Revenue CAGR: 7.2% (MODERATE, 8/15). Profit CAGR: 56.9% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 7.6% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.33 indicates stock is cheap relative to growth.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.23% yield - some income benefit.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.14 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 54.02% public ownership - higher volatility risk.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (289.1) is above 200-day average (276.6) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (356.2) is above both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
4/10
POSITIVE YEAR! Stock gained 4.8% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 103,965 vs down days: 37,879. Ratio: 2.74x
RSI
2/5
OVERBOUGHT! RSI at 78.5 - caution, may pull back.
52W Range
5/5
STRONG! Trading at 92.0% of 52W range - near yearly highs.
Momentum
4/5
GOOD MOMENTUM! Price has grown across all timeframes - up 20.9% (1 week), 26.5% (1 month), 24.6% (3 months).
Beta
4/5
BELOW MARKET! Beta of 0.90 - slightly less volatile than market.
ONWARDTEC
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-07-22 | Concall PDF | |
| Q4FY262026-05-11 | Concall PDF | |
| Q3FY262026-01-23 | Concall PDF | |
| Q1FY262025-10-24 | Concall PDF |
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ONWARDTEC | ₹356.20 | 18.8 | 7.6% | 7.2% | 56.9% | +4.8% | 77 | BREAKOUT | -11.8% | +16.7% | +12.2% | +9.0% |
| XCHANGING | ₹59.90 | 11 | 29.4% | 5.2% | 9.8% | -29.5% | 63 | APPROACHING SUPPORT | +9.4% | -6.8% | +7.2% | +4.5% |
| ADSL | ₹106.00 | 14.1 | 2.6% | 22.0% | 9.0% | -41.5% | 63 | BREAKOUT | -16.7% | -452.9% | +18.7% | -2.9% |
| VAKRANGEE | ₹5.10 | 63.5 | 4.4% | 8.9% | 123.8% | -39.0% | 50 | CONSOLIDATION | -18.8% | +30.0% | -18.8% | -1.4% |
| ACSTECH | ₹65.00 | 33.5 | 3.4% | 56.1% | 43.2% | +35.5% | 72 | BREAKDOWN | +387.5% | +77.3% | +244.6% | -21.5% |
| 3IINFOLTD | ₹22.50 | 12.6 | 4.9% | -1.7% | 195.8% | +15.8% | 63 | BREAKDOWN | -11.0% | -11.0% | +1.2% | +1.2% |
| ORIENTTECH | ₹229.30 | 1042.4 | 0.0% | 17.6% | -50.8% | -46.0% | 57 | BREAKOUT | -48.0% | -204.0% | -5.0% | +9.7% |
| SIGMA | ₹44.40 | 18 | 31.9% | 19.6% | 26.6% | -12.7% | 74 | APPROACHING RESISTANCE | +142.3% | +133.3% | +11.1% | -6.5% |
Data from TradeAlone · Updated daily
