ONWARD TECHNOLOGIES LTD (ONWARDTEC) financials

ONWARD TECHNOLOGIES LTD (ONWARDTEC) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1991, Onward Technologies is a software outsourcing company specializing in Digital and ER&D services.[1]

Market Cap: ₹972Cr.
Current Price: ₹436
Stock P/E: 24.7
ROE: 16.6%
ROCE: 20.6%
Book Value: ₹91.3
Dividend Yield: 1.83%
52W High / Low: ₹496/208

In Sep 2026, ONWARD TECHNOLOGIES LTD (ONWARDTEC) reported sales ₹129 Cr and net profit ₹15 Cr.

Annual TTM: sales ₹446 Cr, net profit ₹37 Cr.

Shareholding: Promoters 40.20% (Sep 2026), FIIs 9.28% (Sep 2026), DIIs 1.74% (Sep 2026), Public 47.25% (Sep 2026), Others 1.52% (Sep 2026).

ONWARDTEC quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	96	99	103	108	102	103	112	129
Expenses	86	92	90	91	88	92	97	104
Operating Profit	10	7	14	18	14	11	15	25
OPM %	11%	7%	13%	16%	14%	11%	14%	19%
Other Income	2	3	3	2	-1	2	3	2
Interest	1	1	1	1	1	1	1	1
Depreciation	3	3	3	4	4	5	5	5
Profit before tax	9	7	13	14	8	8	12	21
Tax %	27%	27%	25%	25%	26%	22%	26%	25%
Net Profit	6	5	9	10	6	6	9	15
EPS in Rs	2.76	2.12	4.10	4.53	2.66	2.85	4.15	6.95
Raw PDF	—	—	—	—	—	—	—	—

ONWARDTEC profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	181	173	234	315	346	381	417	446
Expenses	166	153	217	287	305	343	360	381
Operating Profit	15	20	18	28	41	38	57	66
OPM %	8%	11%	8%	9%	12%	10%	14%	15%
Other Income	7	8	5	8	10	11	6	6
Interest	3	2	1	2	1	3	3	3
Depreciation	10	9	9	13	13	14	17	18
Profit before tax	8	17	13	22	37	33	43	50
Tax %	28%	24%	28%	25%	26%	26%	25%	—
Net Profit	5	13	9	16	28	24	32	37
EPS in Rs	3.38	7.75	4.23	7.30	12.31	10.75	14.13	16.61
Dividend Payout %	44%	39%	71%	41%	41%	47%	56%	—

ONWARDTEC balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	16	16	22	22	23	23	22	22
Reserves	45	57	126	139	165	179	191	181
Borrowings	22	10	18	15	26	29	34	37
Other Liabilities	34	34	48	42	47	61	67	81
Total Liabilities	118	117	214	218	261	291	315	321
Fixed Assets	26	29	38	35	44	44	66	70
CWIP	-0	0	-0	-0	1	2	0	0
Investments	12	12	32	33	33	33	33	46
Other Assets	80	76	144	150	183	212	215	204
Total Assets	118	117	214	218	261	291	315	321

ONWARDTEC cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	7	30	27	4	4	67	34	60
Cash from Investing Activity	-3	-3	-8	-34	5	-62	-15	-17
Cash from Financing Activity	-4	-22	-15	57	-15	-17	-22	-33
Net Cash Flow	0	5	4	28	-6	-12	-3	10
Free Cash Flow	3	28	14	-1	-3	65	31	41
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	79%	244%	113%	75%	25%	166%	105%	134%

ONWARDTEC shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	37.86%	38.66%	39.02%	39.02%	39.09%	39.07%	39.97%	40.20%
FIIs	9.18%	9.30%	9.29%	9.21%	9.39%	9.83%	9.32%	9.28%
DIIs	6.38%	3.86%	3.73%	4.00%	2.90%	3.54%	1.80%	1.74%
Public	46.57%	48.19%	47.88%	46.90%	47.25%	46.20%	47.53%	47.25%
Others	0.00%	0.00%	0.07%	0.88%	1.36%	1.36%	1.39%	1.52%
No. of Shareholders	22,582	22,721	23,310	22,267	22,254	20,829	22,336	21,521

ONWARDTEC key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	66	68	60	72	98	74	81	61
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	66	68	60	72	98	74	81	61
Working Capital Days	-13	-0	30	30	53	89	99	30
ROCE %	20%	13%	22%	11%	13%	20%	16%	21%

ONWARDTECUpdated 23 Oct 2026, 21:29

Onward Technologies Ltd

ONWARDTECUpdated 23 Oct 2026, 21:29

Market Cap

₹972Cr.

Current Price

₹436

High / Low

₹496/208

Stock P/E

24.7

Book Value₹91.3

Dividend Yield1.83%

ROCE20.6%

ROE16.6%

Face Value₹10.0

About

Incorporated in 1991, Onward Technologies is a software outsourcing company specializing in Digital and ER&D services.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2023	87	0	75	3	3	11	25	8	3.56
Dec 2023	85	0	75	3	3	10	26	7	3.15
Mar 2024	89	1	81	3	3	8	25	6	2.67
Jun 2024	90	1	78	3	3	10	25	8	3.37
Sep 2024	96	1	87	3	3	8	26	6	2.53
Dec 2024	96	1	86	2	3	9	27	6	2.76
Mar 2025	99	1	92	3	3	7	27	5	2.12
Jun 2025	103	1	90	3	3	13	25	9	4.1
Sep 2025	108	1	91	2	4	14	25	10	4.53
Dec 2025	102	1	88	-1	4	8	26	6	2.66
Mar 2026	103	1	92	2	5	8	22	6	2.85
Jun 2026	112	1	97	3	5	12	26	9	4.15
Sep 2026	129	1	104	2	5	21	25	15	6.95

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	87	2	77	0	5	3	42	2	1.19
Mar 2016	89	2	79	1	3	6	81	1	0.72
Mar 2017	93	2	88	7	4	5	44	3	1.95
Mar 2018	107	2	103	7	5	3	34	2	1.42
Mar 2019	118	2	103	5	5	13	29	9	5.92
Mar 2020	181	3	166	7	10	8	28	5	3.38
Mar 2021	173	2	153	8	9	17	24	13	7.75
Mar 2022	234	1	217	5	9	13	28	9	4.23
Mar 2023	315	2	287	8	13	22	25	16	7.3
Mar 2024	346	1	305	10	13	37	26	28	12.31
Mar 2025	381	3	343	11	14	33	26	24	10.75
Mar 2026	417	3	360	6	17	43	25	32	14.13
TTM	446	3	381	6	18	50	—	37	16.61

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	40.2%
FIIs	9.28%
DIIs	1.74%
Public	47.25%
Others	1.52%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Dec 2023	38.15%	2.14%	6.15%	53.56%	0%
Mar 2024	38.12%	2.5%	7.65%	51.73%	0%
Jun 2024	38.02%	1.64%	7.58%	52.75%	0%
Sep 2024	37.94%	8.97%	7.38%	45.73%	0%
Dec 2024	37.86%	9.18%	6.38%	46.57%	0%
Mar 2025	38.66%	9.3%	3.86%	48.19%	0%
Jun 2025	39.02%	9.29%	3.73%	47.88%	0.07%
Sep 2025	39.02%	9.21%	4%	46.9%	0.88%
Dec 2025	39.09%	9.39%	2.9%	47.25%	1.36%
Mar 2026	39.07%	9.83%	3.54%	46.2%	1.36%
Jun 2026	39.97%	9.32%	1.8%	47.53%	1.39%
Sep 2026	40.2%	9.28%	1.74%	47.25%	1.52%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	15	28	14	24	80	11	0	28	41	80
Mar 2016	15	28	19	30	92	10	0	28	54	92
Mar 2017	15	34	17	20	86	14	0	39	32	86
Mar 2018	16	36	18	21	92	13	0	39	39	92
Mar 2019	16	45	17	19	98	13	0	39	46	98
Mar 2020	16	45	22	34	118	26	0	12	80	118
Mar 2021	16	57	10	34	117	29	0	12	76	117
Mar 2022	22	126	18	48	214	38	0	32	144	214
Mar 2023	22	139	15	42	218	35	0	33	150	218
Mar 2024	23	165	26	47	261	44	1	33	183	261
Mar 2025	23	179	29	61	291	44	2	33	212	291
Mar 2026	22	191	34	67	315	66	0	33	215	315
Sep 2026	22	181	37	81	321	70	0	46	204	321

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	12	-5	-6	0
Mar 2016	-1	-2	3	0
Mar 2017	10	-4	-1	5
Mar 2018	7	-5	-8	-6
Mar 2019	7	-3	-4	0
Mar 2020	30	-3	-22	5
Mar 2021	27	-8	-15	4
Mar 2022	4	-34	57	28
Mar 2023	4	5	-15	-6
Mar 2024	67	-62	-17	-12
Mar 2025	34	-15	-22	-3
Mar 2026	60	-17	-33	10

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	50	52	65	65	66	68	60	72	98	74	81	61
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	50	52	65	65	66	68	60	72	98	74	81	61
Working Capital Days	-46	-43	-44	-39	-13	-0	30	30	53	89	99	30
ROCE %	9%	13%	12%	8%	20%	13%	22%	11%	13%	20%	16%	21%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ONWARD TECHNOLOGIES LTD (ONWARDTEC)?

The reported market capitalisation for ONWARD TECHNOLOGIES LTD (ONWARDTEC) is ₹972Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ONWARDTEC?

The current price shown for ONWARD TECHNOLOGIES LTD (ONWARDTEC) on Fincrux is ₹436 with a 52-week high/low of ₹496/208.

What is the P/E ratio of ONWARD TECHNOLOGIES LTD (ONWARDTEC)?

The stock P/E for ONWARD TECHNOLOGIES LTD (ONWARDTEC) is 24.7 on Fincrux, with ROE at 16.6% and ROCE at 20.6%.

What were ONWARDTEC latest quarterly results?

For Sep 2026, ONWARD TECHNOLOGIES LTD (ONWARDTEC) reported sales ₹129 Cr and net profit ₹15 Cr (figures in ₹ crore unless noted).

What are ONWARDTEC annual sales and net profit?

For TTM, ONWARD TECHNOLOGIES LTD (ONWARDTEC) shows sales of ₹446 Cr and net profit of ₹37 Cr on the Fincrux profit & loss statement.

Who owns ONWARD TECHNOLOGIES LTD (ONWARDTEC)?

Latest shareholding for ONWARD TECHNOLOGIES LTD (ONWARDTEC) on Fincrux: Promoters 40.20% (Sep 2026), FIIs 9.28% (Sep 2026), DIIs 1.74% (Sep 2026), Public 47.25% (Sep 2026), Others 1.52% (Sep 2026).

Where can I find ONWARD TECHNOLOGIES LTD (ONWARDTEC) financials?

ONWARD TECHNOLOGIES LTD (ONWARDTEC) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ONWARDTEC balance sheet and cash flow?

Yes. The ONWARD TECHNOLOGIES LTD (ONWARDTEC) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 23 October 2026 at 21:29