



Information Technology | Small Cap
Onward Technologies Ltd. demonstrates exceptional financial health, driven by outstanding performance in profitability, growth, and solvency. The company shows an impressive ability to increase its revenues and profits, indicating strong market demand and effective business strategies. Its financial foundation is very stable, with minimal reliance on debt, which significantly lowers long-term risk. The company is also highly proficient at turning revenue into profit. A key strength is its ability to comfortably meet both short-term and long-term financial obligations. The primary area for observation is operational efficiency, specifically in how quickly it collects payments from customers and generates sales from its total capital. Despite this, the overall outlook appears very positive, anchored by robust growth and high profitability.
Onward Technologies Ltd. demonstrates exceptional financial health, driven by outstanding performance in profitability, growth, and solvency. The company shows an impressive ability to increase its revenues and profits, indicating strong market demand and effective business strategies. Its financial foundation is very stable, with minimal reliance on debt, which significantly lowers long-term risk. The company is also highly proficient at turning revenue into profit. A key strength is its ability to comfortably meet both short-term and long-term financial obligations. The primary area for observation is operational efficiency, specifically in how quickly it collects payments from customers and generates sales from its total capital. Despite this, the overall outlook appears very positive, anchored by robust growth and high profitability.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
20.09
Industry Median
17.28
Small Cap Median
16.26
P/E RATIO
14.57
P/B RATIO
2.56
Industry Median
2.38
Small Cap Median
2.08
P/S RATIO
1.19
Industry Median
2.24
Small Cap Median
1.88
Others
PEG RATIO
0.32
EV/EBITDA RATIO
7.58
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹283.9 as on Sep 1, 2026.
The company is experiencing exceptional and broad-based growth. It has demonstrated an outstanding ability to increase its revenue, operating profit, and net income. This robust expansion is also reflected in the growth of its assets and earnings per share. Such strong performance across all key growth metrics indicates high market demand, successful business strategies, and a very positive trajectory for the company's future.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 27.92 | 43.65 | 7.03 | 4.03 | 10.79 |
| Operating Profit Growth Rate | 29.41 | 22.73 | 92.59 | -13.46 | 60 |
| Earnings Per Share (EPS) Growth | 139.42 | -52.09 | 192.43 | -20.72 | 63.15 |
| Asset Growth Rate | 64.49 | 5.73 | 18.75 | 9.12 | 19.29 |
| Net Income Growth Rate | 242.86 | -54.17 | 209.09 | -20.59 | 62.96 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Systango Technologies Ltd | 9.33 | 10.13 | Neutral | 34.00 | 20.37 | 32.00 |
| 2 | Onward Technologies Ltd | 9.08 | 14.57 | Undervalued | 72.00 | 14.46 | 44.00 |
| 3 | Ksolves India Ltd | 8.98 | 19.44 | Neutral | 48.00 | 13.95 | 34.00 |
| 4 | Sigma Solve Ltd | 8.42 | 21.69 | Neutral | 28.00 | 0.68 | 24.00 |
| 5 | Cybertech Systems & Software Ltd | 8.31 | 13.60 | Neutral | 19.00 | 7.72 | 30.00 |
| 6 | All E Technologies Ltd | 8.28 | 10.06 | Highly Undervalued | 25.00 | 10.09 | 26.00 |
| 7 | Intense Technologies Ltd | 8.25 | 16.08 | Undervalued | 12.00 | -8.76 | -16.00 |
| 8 | Xchanging Solutions Ltd | 8.24 | 11.29 | Neutral | 69.00 | 3.32 | 59.00 |
| 9 | Silver Touch Technologies Ltd | 8.00 | 60.68 | Neutral | 64.00 | 2.98 | 36.00 |
| 10 | Tera Software Ltd | 7.47 | 53.52 | Neutral | 37.00 | 19.82 | 25.00 |
| 11 | Inspirisys Solutions Ltd | 7.34 | 8.34 | Highly Undervalued | 41.00 | 9.63 | 41.00 |
| 12 | Kellton Tech Solutions Ltd | 6.59 | 8.13 | Undervalued | 135.00 | 0.28 | 92.00 |
| 13 | XT Global Infotech Ltd | 6.57 | 35.74 | Neutral | 26.00 | 0.51 | 15.00 |
| 14 | Sahana Systems Ltd | 6.39 | 11.93 | Neutral | 100.00 | 54.82 | 75.00 |
| 15 | NINtec Systems Ltd | 6.39 | 41.23 | Neutral | 44.00 | 14.97 | 32.00 |
| 16 | FCS Software Solutions Ltd | 5.46 | 72.50 | Neutral | 4.70 | -0.02 | 2.62 |
| 17 | Aion-Tech Solutions Ltd | 5.34 | 42.41 | Neutral | 10.00 | 3.33 | 1.00 |
| 18 | Mindteck (India) Ltd | 5.07 | 17.43 | Neutral | 38.00 | 5.45 | 32.00 |
| 19 | Allied Digital Services Ltd | 4.75 | 16.52 | Undervalued | 56.00 | -0.14 | 36.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Quarterly Report⬤25th Jun 26
Consolidated Financial Results – Q4 & FY 2025-26
BULLISH SENTIMENT
Concall Report⬤11th May 26
Q4 FY26 Earnings Conference Call
NEUTRAL SENTIMENT
Concall Report⬤23rd Jan 26
Q3 FY26 Earnings Conference Call
BULLISH SENTIMENT
No Stock News Available at This Moment.
Onward Technologies Ltd (OTL) is a global IT services and engineering solutions company. It specializes in product design & development, digital transformation, cloud, and data analytics services. OTL serves diverse sectors including automotive, industrial, and healthcare, leveraging its strong engineering expertise and global delivery model to support clients' technological advancements.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Onward Technologies Ltd's P/E ratio (TTM) is 20.09, compared to the industry median of 17.28 and large cap median of 16.26.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Onward Technologies Ltd's P/B ratio is 2.56, compared to the industry median of 2.38 and large cap median of 2.08.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Onward Technologies Ltd's P/S ratio is 1.19, compared to the industry median of 2.24 and large cap median of 1.88.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Onward Technologies Ltd's PEG ratio is 0.32.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Onward Technologies Ltd's EV/EBITDA ratio is 7.58.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Onward Technologies Ltd's ROE is 17.39%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Onward Technologies Ltd's ROA is 19.41%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Onward Technologies Ltd's ROCE is 23%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Onward Technologies Ltd's operating margin is 13.24%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Onward Technologies Ltd's net margin is 8.09%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Onward Technologies Ltd's current ratio is 3.66.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Onward Technologies Ltd's debt-to-equity ratio is 0.16.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Onward Technologies Ltd's interest coverage ratio is 20.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Onward Technologies Ltd's DPS is ₹7.99.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Onward Technologies Ltd's EPS is 63.15.
(Source line: "Ratios as of 26 Sept 2026, based on last traded price of ₹283.90. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1991
Headquarters: Mumbai, Maharashtra
Core Offerings: Engineering Services, Digital Transformation, IT Consulting, IT Staffing, Cloud Services
Stock Listing: NSE (ONWARDTEC), BSE (517536)
Promoter: Jigar Mahendra Shah / Onward Group
1991: Incorporated as Onward Technologies Limited. 1995: Entered into a strategic alliance with SDRC Inc. (now Siemens PLM) for CAD/CAM/CAE software distribution. Early 2000s: Expanded into IT consulting and services, focusing on offshore development. 2005: Acquired Onward Novell Software (India) Pvt. Ltd. 2008: Acquired Cylsys Software Solutions Pvt. Ltd. to strengthen enterprise solutions. 2010s: Focused on global expansion and strengthening engineering services capabilities. Present: Continues as a global IT and engineering services provider, emphasizing digital and cloud technologies.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Engineering Services | ~65% | Operating Profit |
| Digital Transformation & Cloud Services | ~30% | Operating Profit |
| Talent Solutions | ~5% | Operating Profit |
Engineering Services: Provides product design & development, CAD/CAM/CAE, PLM, embedded systems, and manufacturing engineering solutions, primarily for the automotive, industrial, and heavy machinery sectors.
Digital Transformation & Cloud Services: Offers end-to-end digital solutions including data analytics, artificial intelligence, cloud computing, enterprise application development, and cybersecurity.
Talent Solutions: Specializes in providing IT staffing and talent acquisition services, offering skilled professionals for various technology roles to meet client project requirements.
Jigar Shah (Chairman & Managing Director): A technocrat and entrepreneur with over 30 years of experience in the IT services industry, he has been instrumental in the company's growth, diversification into engineering design services, and global expansion.
Onward Technologies Inc. (USA)
Onward Technologies GmbH (Germany)
Onward Technologies UK Limited (UK)
Onward Technologies SDN BHD (Malaysia)
Onward Technologies Pte Ltd (Singapore)
Onward Technologies SAS (France)
Onward Aerospace Engineering Services Private Limited (India)
Bonus Issue: 1:1 bonus issue declared on May 19, 2023, with a record date of July 19, 2023. Stock Split: Face value split from ₹10 to ₹5 on February 20, 2017.
The Onward Technologies Ltd share price today is ₹283.90 on NSE (ONWARDTEC), as of 29 Sept 2026.
As of 26 Sept 2026, Onward Technologies Ltd share price is ₹283.90, with previous close ₹283.90. Today's range is ₹283.90 to ₹283.90. The 52-week range is ₹208.25 to ₹355.
As of today, Onward Technologies Ltd's market cap is ₹647.29 crore (Small Cap).
Onward Technologies Ltd's current P/E ratio is 20.09, compared to the SOFTWARE & SERVICES sector average of N/A.
Onward Technologies Ltd's current P/B ratio is 2.56.
Onward Technologies Ltd's current dividend yield is 2.81%. Last dividend of ₹1.00 per share was declared on 27-Jul-2023.
Onward Technologies Ltd's EPS (TTM) is ₹63.15.
Onward Technologies Ltd (OTL) is a global IT services and engineering solutions company. It specializes in product design & development, digital transformation, cloud, and data analytics services. OTL serves diverse sectors including automotive, industrial, and healthcare, leveraging its strong engineering expertise and global delivery model to support clients' technological advancements.
Onward Technologies Ltd is promoted by Jigar Mahendra Shah / Onward Group, holding 39.07% as of 26 Sept 2026.
Onward Technologies Ltd is listed on NSE (ONWARDTEC) and BSE (517536). Its next quarterly results are expected on Q1 FY25 (July/August 2024).