Onward Technologies Ltd (ONWARDTEC) — shareholding pattern, promoter holding, financials and share price
About Onward Technologies Ltd (ONWARDTEC)
Onward Technologies Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as ONWARDTEC and on the BSE under scrip code 517536. Its ISIN is INE229A01017.
Incorporated in 1991, Onward Technologies is a software outsourcing company specializing in Digital and ER&D services. [1]
Onward Technologies is a leading software outsourcing company specializing in digital, embedded, and mechanical engineering services for global OEMs in key verticals like industrial equipment, transportation, and healthcare.
The company achieved a substantial YOY growth of 109% in PAT for Q3 FY26, reflecting a strong focus on offshore projects and efficiency.
Listed peers in IT Enabled Services: Unified Data- Tech Solutions Ltd, Vinsys IT Services India Ltd, Allied Digital Services Ltd, C2C Advanced Systems Ltd, Vakrangee Ltd, Exato Technologies Ltd.
Valuation & Returns
10 Jul 2026At ₹285.7 a share on 10 Jul 2026, Onward Technologies Ltd (ONWARDTEC) was valued at a price-to-earnings ratio of 14.34x against an industry P/E of 30.35x and a price-to-book of 2.51x on a book value of ₹113.97 per share as of Mar 2026. Solomo computes return on equity of 17.48% and return on capital employed of 20.43% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.34x
- Industry P/E
- 30.35x
- P/B
- 2.51x
- EPS (TTM)
- ₹19.93
- Book value / share
- ₹113.97
- ROE
- 17.48%
- ROCE
- 20.43%
- ROA
- 11.96%
- Debt / equity
- 0.16x
- Dividend yield
- 2.86%
- EBITDA margin
- 13.92%
- 52-week range
- ₹207.65 – ₹382
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Onward Technologies Ltd (ONWARDTEC) reported revenue of ₹544 crore, net profit of ₹44 crore and earnings per share of ₹19.48. That compares with revenue of ₹491 crore and net profit of ₹27 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹149 crore and net profit ₹11 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 307 | 441 | 472 | 491 | 544 |
| Net profit (₹ cr) | 24 | 11 | 34 | 27 | 44 |
| EPS (₹) | 10.75 | 5.15 | 15.06 | 11.94 | 19.48 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 18.13% | 19.27% | 9.76% | 10.69% |
| Profit growth | 30.29% | 20.48% | 25.44% | 63.66% |
| Stock price CAGR | 14% | 2% | -21% | -24% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 39.97% of Onward Technologies Ltd (ONWARDTEC) (up 0.9 pp QoQ), foreign institutional investors (FII) hold 9.32% and domestic institutional investors (DII) hold 1.79%. Market capitalisation was ₹635 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Infinity Direct Holdings 8.55%, Infinity Portfolio Holdings 8.29%, Parish Arun Meghani 1.51%, Icici Prudential Technology Fund 1.43%, Thermo Capital Private Limited 1.35%, HUF 1.23%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 39.97% | - | 9.32% | 1.79% | 58.64% |
| Mar 2026 | 39.07% | - | 9.83% | 3.53% | 59.57% |
| Dec 2025 | 39.09% | - | 9.4% | 2.9% | 59.55% |
| Sep 2025 | 39.02% | - | 9.21% | 4% | 60.1% |
| Jun 2025 | 39.02% | - | 9.29% | 3.73% | 60.91% |
| Mar 2025 | 38.66% | - | 9.3% | 3.86% | 61.34% |
| Dec 2024 | 37.86% | - | 9.18% | 6.39% | 62.14% |
| Sep 2024 | 37.94% | - | 8.97% | 7.39% | 62.06% |