Onward Technologies Limited

Information Technology · IT - Services

NSE: ONWARDTEC BSE: 517536

₹288.35

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in IT - Services

The largest companies in the same industry by market cap. This company ranks #30 of 78. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
L&T Technology Services Limited	34,245	28.2	19.7%	-22.9%	1.80%	81	21	13
Inventurus Knowledge Solutions Limited	29,982	47.5	25.8%	17.3%	—	90	0	32
Tata Technologies Limited	28,728	53.2	13.9%	2.5%	1.18%	84	0	29
Netweb Technologies India Limited	25,897	99.1	28.5%	12.0%	0.07%	81	33	30
Affle 3i Limited	21,274	146.4	12.5%	-23.1%	—	74	1	29
SAGILITY LIMITED	19,933	60.8	9.6%	-2.2%	0.35%	70	39	29
Black Box Limited	14,293	935.8	16.9%	51.2%	—	65	0	85
E2E Networks Limited	13,372	—	—	-80.7%	—	100	—	69
Onward Technologies Limited (this stock)	641	20.2	17.5%	-2.2%	2.77%	65	76	84

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹613 Cr

EV / EBITDA

9.5x

EV / Sales

1.44x

Market cap / Sales

1.51x

Earnings yield

4.95%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 115 Cr, up 8.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	112	12	9	₹4.1400
March 31, 2026	103	8	6	₹2.8900
Dec. 31, 2025	102	8	6	₹2.7000
Sept. 30, 2025	108	14	10	₹4.5400
June 30, 2025	103	13	9	₹4.1100
March 31, 2025	99	7	5	₹2.1200
Dec. 31, 2024	96	9	6	₹2.7600
Sept. 30, 2024	96	8	6	₹2.5300
June 30, 2024	90	10	8	₹3.3800
March 31, 2024	89	8	6	₹2.6800
Dec. 31, 2023	85	10	7	₹3.1600
Sept. 30, 2023	87	11	8	₹3.5700
June 30, 2023	84	9	7	₹2.9700

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	115	106	104	110	106	103	99	99	92	92	90	90	86
Operating revenue	112	103	102	108	103	99	96	96	90	89	85	87	84
Other income	3	2	2	2	3	3	2	3	3	3	5	3	1
Operating expenses	97	92	88	91	90	92	86	87	78	81	77	75	73
Operating profit	15	11	14	18	14	7	10	9	12	9	9	12	11
Operating profit margin	13.6%	10.9%	14.0%	16.2%	13.3%	7.4%	10.5%	9.4%	12.9%	9.6%	10.0%	13.5%	13.3%
Depreciation	5	5	4	4	3	3	3	3	3	3	3	3	3
Interest	1	1	1	1	1	1	1	1	1	1	0	0	0
Exceptional items, gain / (loss)	—	—	-3	—	—	—	—	—	—	—	—	—	—
Profit before tax	12	8	8	14	13	7	9	8	10	8	10	11	9
Tax	3	2	2	4	3	2	2	2	3	2	2	3	2
Net profit	—	6	6	10	9	5	6	6	8	6	7	8	7
EPS	4.14	2.89	2.70	4.54	4.11	2.12	2.76	2.53	3.38	2.68	3.16	3.57	2.97
Net profit (TTM)	—	32	30	31	26	24	26	26	29	28	30	27	20
EPS (TTM)	14.27	14.24	13.47	13.53	11.52	10.79	11.35	11.75	12.79	12.38	13.61	12.03	9.01

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	417	43	32
March 31, 2025	381	33	24
March 31, 2024	346	37	28
March 31, 2023	315	22	16

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	9.4%	24.6%	426^†	392^†	358^†	325^†	240^†	142^†	129^†	124^†	113^†	99^†
Operating revenue	9.8%	25.6%	417	381	346	315	234^†	134^†	122^†	117^†	108^†	95^†
Other income	—	—	9^†	11^†	12^†	10^†	6^†	8^†	7^†	8^†	5^†	4^†
Operating expenses	—	—	360^†	343^†	306^†	289^†	217^†	117^†	105^†	104^†	103^†	—
Operating profit	29.7%	28.3%	57^†	38^†	40^†	26^†	18^†	16^†	17^†	12^†	5^†	—
Operating profit margin	—	—	13.6%^†	10.0%^†	11.6%^†	8.3%^†	7.5%^†	12.2%^†	13.6%^†	10.6%^†	4.8%^†	—
Depreciation	—	—	17^†	14^†	13^†	13^†	9^†	9^†	9^†	5^†	5^†	—
Interest	—	—	3^†	3^†	1^†	2^†	1^†	2^†	3^†	2^†	2^†	2^†
Exceptional items, gain / (loss)	—	—	-3^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	25.4%	25.2%	43	33	37	22	13^†	14^†	11^†	13^†	3^†	5^†
Tax	—	—	11^†	9^†	10^†	5^†	4^†	3^†	3^†	4^†	1^†	—
Net profit	25.4%	25.2%	32	24	28	16	9^†	10^†	8^†	9^†	2^†	3^†
EPS	24.8%	17.2%	14.24^†	10.79^†	12.38^†	7.33^†	4.69^†	6.43^†	5.14^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	13.6%^†	10.0%^†	11.6%^†	8.3%^†	7.5%^†	12.2%^†	13.6%^†	10.6%^†	4.8%^†	—
EBIT margin	11.1%^†	9.4%^†	11.2%^†	7.4%^†	6.0%^†	11.9%^†	11.7%^†	13.0%^†	5.1%^†	7.4%^†
PBT margin	10.3%	8.6%	10.8%	6.9%	5.6%^†	10.4%^†	9.1%^†	11.3%^†	3.1%^†	5.2%^†
Net margin	7.7%	6.4%	8.0%	5.2%	4.0%^†	7.8%^†	6.7%^†	8.0%^†	2.0%^†	3.1%^†
Interest coverage	13.84x^†	13.18x^†	26.85x^†	14.12x^†	13.86x^†	8.18x^†	4.49x^†	7.34x^†	2.54x^†	3.41x^†
Dividend payout	35.1%^†	46.3%^†	24.2%^†	40.9%^†	64.0%^†	23.3%^†	29.2%^†	—	—	—
Earnings retention	64.9%^†	53.7%^†	75.8%^†	59.1%^†	36.0%^†	76.7%^†	70.8%^†	—	—	—
Current ratio	3.06x	2.94x	—	—	—	—	—	—	—	—
Quick ratio	3.06x	2.94x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	15.0%	12.1%	—	—	—	—	—	—	—	—
Return on assets	10.2%	8.4%	—	—	—	—	—	—	—	—
Return on capital employed	18.4%^†	15.6%^†	—	—	—	—	—	—	—	—
Asset turnover	1.32x	1.31x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	60	-17	-33	18	42
March 31, 2025	34	-15	-22	2	32
March 31, 2024	67	-62	-17	1	66
March 31, 2023	4	5	-15	5	-1
March 31, 2022	4	-34	57	4	-0

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	315	214	191	0	0	197	64	29	62	0
March 31, 2025	291	202	179	0	0	186	63	19	42	0
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.