ONWARDTEC
Onward Technologies Limited
NSELast Traded Price
₹286.65
1.05 (0.37%)
Open
₹286.15
High
₹291.2
Low
₹285
Prev Close
₹285.6
Industry
IT Enabled Services
Market Cap
637.59 Cr
Filing History
Recent corporate announcements and filings for ONWARDTEC
Ownership
Neutral
2026-08-21 12:25
- Allotment of 6,500 Equity Shares under Employee Stock Option Scheme, 2019 (ESOP 2019).
- Allotted on August 21, 2026.
- Each share has a face value of ₹10/-, with a premium of ₹10/-, totaling an exercise price of ₹20/-.
Ownership
Positive
2026-08-18 16:50
- Promoter Mrs Prachi Mehta acquired 30,127 Equity Shares, representing 0.13% of the total paid-up share capital, from the open market on August 18, 2026. This acquisition does not result in a change in control of the company.
Business Update
Negative
2026-08-14 14:07
CRITICAL RED FLAG DETECTED
- Onward Technologies received an Income Tax Department order on July 31, 2026, imposing a penalty of ₹10,59,664/- for FY 2019-20 related to disallowance of expenses.
- This results in a financial impact of ₹10,59,664/-, with no material operational impact. The company can appeal the order.
Business Update
Positive
2026-07-22 11:25
- Q1 FY27 recorded highest ever quarterly revenue of INR 151.2 crore, growing 11.5% YoY and 8.7% sequentially.
- EBITDA increased to INR 18.4 crore (up 20% QoQ) with margins improving by 113 basis points sequentially to 12.3%.
- Profit After Tax (PAT) stood at INR 11.2 crore, up 16.9% sequentially.
- Secured an INR 33 crore contract from a global power management company and increased $1M+ annual revenue customers from 16 to 18.
- Management expressed confidence in delivering double-digit revenue growth and EBITDA margin annually, with the order book crossing last year's revenue.
- Outlook for mid-to-high teens EBITDA margins, with operational AI lab in Chennai and a new design center in Pune.
Business Update
Neutral
2026-07-16 20:31
- Audio recording of the Conference Call held on July 16, 2026, regarding financial results for the quarter ended June 30, 2026, has been uploaded on the company's website.
Governance
Positive
2026-07-16 20:30
- The 35th Annual General Meeting (AGM) of Onward Technologies Limited was held on July 16, 2026.
- Shareholders approved all resolutions with an overwhelming majority.
- Resolutions included the adoption of audited financial statements and the declaration of a final dividend for the year ended March 31, 2026.
- Key re-appointments of directors, including the Executive Chairman and Managing Director, were also approved.
Governance
Negative
2026-07-16 18:09
CRITICAL RED FLAG DETECTED
- Mr. Jay Sonawala, an Independent Director, will cease to be a Director of Onward Technologies Limited effective end of day on July 20, 2026, upon completion of his tenure.
Governance
Neutral
2026-07-16 17:53
- The 35th Annual General Meeting (AGM) of Onward Technologies Limited was held on July 16, 2026, and concluded at 03:34 P.M.
- Members adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
- A final dividend on equity shares for FY ended March 31, 2026, was declared.
- Re-appointments of Mr. Harisha Raghavan (Director), Mr. Harish Mehta (Executive Chairman), Mr. Jigar Mehta (Managing Director), Mr. Dhanpal Jhaveri (Independent Director), and Mr. Jai Diwanji (Independent Director) were approved.
Financials
Positive
2026-07-16 13:26
- Consolidated Revenue ₹151.2 Cr vs ₹135.6 Cr (▲11.5% YoY)
- EBITDA ₹18.4 Cr vs ₹17.1 Cr (▲7.2% YoY)
- PAT ₹11.2 Cr vs ₹12.7 Cr (▼12.3% YoY)
- EBITDA Margin 12.3% vs 12.9% (▼60bps)
Financials
Positive
2026-07-16 13:23
- Consolidated Revenue ₹151.2 Cr vs ₹135.6 Cr (▲11.5% YoY)
- EBITDA ₹18.4 Cr
- EBITDA Margin 12.3%
- Management targets double-digit revenue growth and double-digit EBITDA growth for FY27.
Financials
Negative
2026-07-16 13:03
- Consolidated Revenue ₹14,942.97 Lakhs vs ₹13,315.08 Lakhs (▲12.22% YoY)
- EBITDA ₹1,836.74 Lakhs vs ₹1,714.24 Lakhs (▲7.15% YoY)
- PAT ₹1,116.94 Lakhs vs ₹1,273.09 Lakhs (▼12.27% YoY)
- EBITDA Margin 12.29% vs 12.87% (▼58bps)
Business Update
Neutral
2026-07-09 13:27
- Concall Schedule
- Concall Date: 16th July, 2026
- Concall Time: 4:30 PM IST
Routine
Neutral
2026-06-26 15:47
- Trading window for Onward Technologies Limited will be closed from July 01, 2026.
- It will reopen 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026.
- This is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Positive
2026-06-25 10:25
- Order Win: Onward Technologies Limited secured an engineering services contract to launch a Dedicated Offshore Development Centre (ODC) for a leading global power management company.
- Order Value: Approximately ₹33 Crore.
- Completion Timeline: 3 years.
- Details: The ODC will provide dedicated R&D capacity to support the client's Data Center Segment/Business Unit.
Business Update
Positive
2026-06-25 09:57
- Order Win: Onward Technologies Limited won an engineering services contract from a leading global power management company.
- Order Value: Approximately ₹33 Crore.
- Completion Timeline: 3 years.
- Details: The contract is to launch a Dedicated Offshore Development Centre (ODC) to support the client's Data Center Segment/Business Unit.
Routine
Neutral
2026-06-22 12:53
- Onward Technologies Limited submitted its Business Responsibility and Sustainability Report (BRSR) for Financial Year (FY) 2025-26.
- This filing is made under Regulation 34(2)(f) of SEBI Listing Obligations and forms part of the Annual Report for FY 2025-26.
Financials
Positive
2026-06-22 12:16
- Onward Technologies recommended a dividend of ₹8 per equity share for FY 2025-26, subject to AGM approval.
- The Record Date for ascertaining dividend entitlement is Friday, July 3, 2026.
Governance
Positive
2026-06-22 12:06
- 35th Annual General Meeting (AGM) to be held on July 16, 2026, at 3:00 PM IST via VC/OAVM.
- Record date for final dividend (FY 2025-26) is July 03, 2026.
- Agenda includes re-appointment of key directors and approval of strong FY26 financials: Consolidated Total Income ▲10.5% YoY, PAT ▲63.7% YoY.
Routine
Neutral
2026-06-19 16:49
- Allotment of 31,000 Equity Shares under Employee Stock Option Scheme, 2019 (ESOP 2019) on June 19, 2026.
- Shares were allotted at an exercise price of ₹20/- per share (Face Value ₹10/-, Premium ₹10/-).
- Post-allotment, the total issued shares stand at 2,22,42,890, with a total share capital of ₹22,24,28,900.
Ownership
Positive
2026-06-15 17:00
- Onward Technologies Limited completed the extinguishment of 5,48,780 equity shares.
- These shares were bought back via the tender offer route, as per SEBI Buy-Back Regulations, 2018.
- Pre-extinguishment, the share capital was 2,27,60,670 shares; post-extinguishment, it is 2,22,11,890 shares.
Routine
Neutral
2026-06-09 16:54
New Filing detected. See link for details.