Onward Technologies Ltd.
Snapshot View

258.25 +1.60 ▲0.6%

26 July 2021, 04:00:00 P.M.
Volume: 49,820

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.onwardqroup.com
Financial Indicators
Market Cap 565.24 Cr.
Earnings per share (EPS) 7.69 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 33.57 Trailing Twelve Months Ending 2021-06
Industry PE 32.34 Trailing Twelve Months Ending 2021-06
Book Value / Share 39.87 Trailing Twelve Months Ending 2021-06
Price to Book Value 6.48 Calculated using Price: 258.25
Dividend Yield 1.16 Period Ending 2021-03
No. of Shares Subscribed 2.19 Cr. 21,887,370 Shares
FaceValue 10
Company Profile

Onward Technologies Ltd was incorporated as a Private Limited Company on July 18,1991 in the state of Maharashtra.

Onward Technologies Ltd. (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.

The company is headquartered in India with offices globally in USA, UK, Germany and Japan. Development centres are located at Mumbai and Pune, in India - the outsourcing capital of the world. Through these development centres, the company is well positioned to offer customers the established benefits of off-shore outsourcing.

Onward employs over 800 people with over 4000 man-years of experience, in mechanical engineering design analysis, testing & simulation, Bespoke Software Application Development, Support & Maintenance and Software Product Development.

Onward's global clients include fortune 1000 companies in the IT Consultancy, Automotive, Agricultural, Heavy Engineering, Electrical Equipments and Aerospace Industry.

In India, Onward is one of the fastest growing Independent Engineering Design Services Company. Onward is one of the largest ISVs for banking software solutions with more than 3000 client-site installations. Onward plans to leverage it's deep domain and technology expertise in the engineering, IT & BFS sector in the International Market.

The company's stocks are publicly traded at the Bombay Stock Exchange, the premier stock exchange in India.

Services offered by the company:

  • Engineering Design Services- Onward Technologies Ltd. is one of the fastest growing engineering design service providers - it is a service partner to the manufacturing industry, with a range of engineering services. It is supporting manufacturing companies in engineering to create innovative products, reduce costs, shorten development cycles and bring products to the market faster.
  • IT Services- Software Development Services Unit strikes a perfect balance between domain knowledge (of BFSI) and software technology. They specialize in software technology based solutions and offer software services that are of international standards, lower competitive costs, and delivered on-time-every-time through their unique global delivery model.
  • Banking Products & Financial Services- Onward provides solutions for Retail Banking, Service Branches, Foreign Exchange/Trade Finance, Back Office, SWIFT Connectivity, e-banking, Tele-Banking, Mobile Banking, Government Accounts and customer centric solutions available with different delivery channels like Kiosks, Internet, ATM's, Mobiles.

Achievements/ recognition:

  • An ISO 9001-2000 certified company

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.62%
1 Week
-4.63%
1 Month
+31.73%
3 Month
+129.45%
6 Month
+205.62%
1 Year
+292.78%
2 Year
+292.48%
5 Year
+268.14%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 25.92 0.31 10.21 9.60 10.99 15.67 19.45 10.19 10.75
Return on Capital Employed (%) 20.65 10.19 12.97 19.42 14.79 15.05 23.74 15.89 13.79
Return on Assets (%) 7.24 0.09 3.36 3.58 4.53 7.08 9.91 5.23 5.48

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 23 26 32 36 42 50 61 68 74
Non Curr. Liab. 17 13 10 4 7 3 3 11 8
Curr. Liab. 39 47 45 51 41 47 41 54 52
Minority Int.
Equity & Liab. 79 86 87 91 90 100 105 133 134
Non Curr. Assets 26 32 32 23 31 31 35 51 44
Curr. Assets 53 53 55 68 60 68 70 83 90
Misc. Exp. not W/O
Total Assets 79 86 87 91 90 100 105 133 134

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 146 167 189 198 224 244 261 272 240
Other Income 2 1 1 2 3 5 1 1 5
Total Income 148 168 190 200 226 249 262 273 246
Total Expenditure -133 -158 -177 -184 -212 -233 -239 -248 -223
PBIDT 15 10 13 16 14 16 24 24 23
Interest -3 -3 -3 -4 -3 -3 -3 -3 -2
Depreciation -4 -4 -5 -4 -4 -5 -6 -11 -10
Taxation -2 -3 -2 -5 -2 -1 -5 -3 -2
Exceptional Items 0
PAT 5 0 3 3 4 7 10 6 7

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 2 3 15 10 14 16 11 29 33
Cash Fr. Inv. -2 -4 -6 -2 -11 -5 -5 -6 -10
Cash Fr. Finan. 3 -1 -11 -9 0 -10 -9 -10 -12
Net Change 2 -2 -2 -1 3 2 -3 13 11
Cash & Cash Eqvt 2 2 2 2 -11 -10 4 18 28

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 61.00 61.74 61.56 62.20 62.21 61.84 61.85 61.71 57.64
Public 39.00 38.26 38.44 37.80 37.79 38.16 38.15 38.29 42.36
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Q1 FY 22 Earnings Call Transcript held on July 19 2021-Onward Technologies Limited
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of allotment of 78 400 Equity Shares pursuant to Employee Stock Option Scheme 2009 and 16 000 Equity Shares pursuant to Employee Stock Option Scheme 2019 i.e total 94 400 shares
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Onward Technologies Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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