Onward Technologies

Mumbai, India Founded: 1991 • Age: 35 yrs Listed
Digital and ERD services are provided via software outsourcing.

About Onward Technologies

Onward Technologies is a publicly listed company based in Mumbai (India) founded in 1991 by Harish Mehta. Digital and ERD services are provided via software outsourcing. The company has 2,580 employees. Onward Technologies has completed 1 acquisition, including HOW Logistics Group. Its website onwardgroup.com draws about 10 thousand monthly visits. Its Indian entity Onward Technologies Limited reported revenue of β‚Ή551 Cr. Onward Technologies offers products and services including Digital Services, Embedded Product Engineering, Mechanical Product Engineering, Testing and Validation, and Industrial Artificial Intelligence. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Onward Tech is a software outsourcing company specializing in Digital and ERD services. Headquartered in Mumbai, with a prominent global presence in North America Europe, and state-of-the-art offshore delivery centres (ODC) in India, it supports businesses in focused verticals of Transportation Mobility, Industrial Equipment Heavy Machinery, and Healthcare Lifesciences. With a scalable outsourcing and offshore model across 6 countries, a fast-growing team of 2800 employees, and long-term customer associations, Onward Tech accelerates innovation and maximize returns on RD investments for its marquee customers. With two decades of expertise in Mechanical Engineering capabilities, Onward Tech has augmented its prowess digital engineering, including embedded software services delivered for North American and European Original Equipment Manufacturers. Founded in 1991, the company has been listed on both NSE and BSE since 1995.

  • Headquarters Mumbai, India
  • Employees 2,580
  • Founders Harish Mehta
  • Stage Public
  • Sectors
    Technology
  • Website onwardgroup.com
  • Social LinkedIn X Facebook
  • Legal Name Onward Technologies Limited
Operational Areas
Key Metrics
  • Market Cap
    ₹949 Cr

    ONWARDTEC · NSE

  • Share Price
    ₹438.80

    0.00% today

  • Revenue
    ₹544 Cr

    FY 2025-26 · +10.7% YoY

  • EBITDA
    ₹68.68 Cr

    Margin 12.6%

  • Net Profit
    ₹46.64 Cr

    FY 2025-26 · +72.4% YoY

  • P/E (TTM)
    19.5x

    P/B 3.9x

  • ROE
    18.6%

    ROCE 21.0%

  • Debt / Equity
    0.15

    Interest cover 5.5x

  • Latest Funding Round
    $9.64M (USD), Post-IPO

    May 2021

  • Investors
  • Employee Count
    2,580
  • Investments & Acquisitions

Products & Services of Onward Technologies

Onward Technologies offers a comprehensive portfolio of products and services, including Digital Services, Embedded Product Engineering, Mechanical Product Engineering, Testing and Validation, and Industrial Artificial Intelligence.

Digital Services
Software Engineering

Accelerates product development and market speed for clients.

Embedded Product Engineering
Systems Engineering

Fast-tracks product deployment with hardware and software expertise.

Mechanical Product Engineering
Design Engineering

Develops smarter products for precision and reliability in industries.

Testing and Validation
Quality Assurance

Automates testing to ensure product quality and reduce manual efforts.

Industrial Artificial Intelligence
Data Analytics

Provides insights to enhance productivity in manufacturing processes.

Funding Insights of Onward Technologies

  • Total Rounds 1
  • Last Round Post-IPO β€” $9.64M
  • First Round $9.64M

    (May 2021)

  • Investors Count 1

All 1 funding rounds of Onward Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$9.64MPost-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Onward Technologies

Onward Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Convergent Finance.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Convergent Finance is engaged in private equity investments in India.
convergentfinance.comMumbai, India
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Investor details for Onward Technologies

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  • Round participation
  • Investor portfolios
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Board of directors of Onward Technologies Limited (Onward Technologies)

Onward Technologies Limited is the primary company behind Onward Technologies. The boards of the 3 registered companies of Onward Technologies currently have 12 directors; the longest-serving is Harish Mehta Shantilal, appointed in 1991. 43 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Harish Mehta Shantilal
DIN 00153549
Whole-time director18 Jul 199135 yrs 3 moOnward Technologies Limited
Samarjeet Kundu
DIN 06675469
Director06 Dec 201312 yrs 10 moOnward Suppliers Private Limited
Jigar Harish Mehta
DIN 06829197
Managing Director16 May 201610 yrs 5 moOnward Technologies Limited, Onward Eservices Limited
Dipankar Ghosh
DIN 06755497
Director08 Aug 20179 yrs 2 moOnward Suppliers Private Limited
Parish Arun Meghani
DIN 02106768
Director15 May 20188 yrs 5 moOnward Eservices Limited
Sankar Venkatanarayanan
DIN 08578294
Director23 Oct 20197 yrsOnward Eservices Limited
Devanand Ramandasani
DIN 09426139
CFO23 Oct 20197 yrsOnward Eservices Limited
Jay Nitin Sonawala
DIN 01401445
Director15 May 20206 yrs 5 moOnward Technologies Limited
Harsha Raghavan
DIN 01761512
Director30 Jun 20215 yrs 3 moOnward Technologies Limited
Niranjani Chandramouli
DIN 07128770
Director29 Sep 20224 yrsOnward Technologies Limited
Jai Shishir Diwanji
DIN 00910410
Director12 May 20233 yrs 5 moOnward Technologies Limited
Dhanpal Arvind Jhaveri
DIN 02018124
Director12 May 20233 yrs 5 moOnward Technologies Limited

People of Onward Technologies

13 people are tracked at Onward Technologies (6 in leadership, 4 in board & advisors, 3 in team); the tracked headcount is 2,580.

NameRoleGroup
FounderLeadership
Managing DirectorLeadership
Managing DirectorLeadership
Lakshmi Bharathi R
Deputy General ManagerLeadership
Tejas Narwane
Director Sales - Europe RegionLeadership
Thiyagarajan Ganesan
DirectorLeadership
DirectorBoard & advisors
Rahul Rathi
DirectorBoard & advisors
DirectorBoard & advisors
Niranjani C
DirectorBoard & advisors
Executive ChairmanTeam
Ranjith Kumar
Assistance ManagerTeam
Ajay Srikanth
Account Delivery ManagerTeam
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Complete people profiles for Onward Technologies

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Onward Technologies

Onward Technologies is a publicly listed company on the NSE with ticker symbol ONWARDTEC in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Mar 2001
  • Listed onNSE: ONWARDTEC
  • Listed entityOnward Technologies Limited
  • Exchange sectorTechnology services
  • ISININE229A01017
  • Share price₹360.70 (+10.32% on the day) · 2026-10-14
  • Market capitalisation₹728 Cr
  • Price to earnings19.1
  • EPS (diluted, trailing year)₹18.91
  • Dividend yield2.42%
  • Volume (last session)612,469

Financials of Onward Technologies

Exchange-reported figures of Onward Technologies Limited, the listed company behind Onward Technologies (NSE: ONWARDTEC).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹544 Cr
+10.7% YoY
EBITDA
₹68.68 Cr
+53.7% YoY
Profit After Tax
₹46.64 Cr
+72.4% YoY
Net Worth
₹254 Cr
+13.0% YoY
Total Assets
₹306 Cr
+15.9% YoY
Total Debt
₹39.84 Cr
+23.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue544491472441307240272
Revenue growth+10.7%+4.0%+7.1%+43.5%+27.8%-11.5%-
EBITDA68.6844.6952.1927.2721.4117.2523.38
EBITDA margin+12.6%+9.1%+11.1%+6.2%+7.0%+7.2%+8.6%
Profit before tax57.0336.2945.1518.0331.829.839.65
Net profit46.6427.0533.6811.2423.477.286.24
Net profit margin+8.6%+5.5%+7.1%+2.6%+7.6%+3.0%+2.3%
EPS (β‚Ή)19.7511.9415.065.1510.764.493.89
Balance sheet
Total assets306264240193185104105
Net worth25422420717416374.4868.07
Total debt39.8432.1628.2716.7318.7025.1034.72
Cash & bank11124.7231.4747.5060.4429.4722.14
Net working capital20217215412010756.8952.54
Cash flow
Cash from operations65.0831.5262.355.75(3.93)32.9428.77
Cash from investing(21.24)(17.16)(62.25)6.22(31.62)(10.00)(5.37)
Cash from financing(31.32)(21.22)(16.17)(14.21)56.57(12.24)(9.95)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue170149137135139133127123
Revenue growth (YoY)+22.5%+12.2%+7.7%+9.1%+13.0%+13.2%--
Other income1.041.731.921.521.132.472.691.13
EBITDA26.5418.3715.3116.3719.8717.1413.8511.20
EBITDA margin+15.6%+12.3%+11.2%+12.2%+14.3%+12.9%+10.9%+9.1%
Depreciation4.774.644.364.044.213.183.443.30
Interest0.690.680.710.710.960.500.530.59
Profit before tax22.1214.7812.1613.1415.8315.9312.578.44
Tax5.363.612.603.043.893.192.152.42
Net profit16.7611.179.5610.1011.9412.7410.426.02
EPS (β‚Ή)7.614.984.234.475.235.574.562.63
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue417381346315234173181
Revenue growth+9.4%+10.2%+9.8%+34.5%+35.8%-4.4%-
EBITDA53.6638.0741.3128.4117.6519.6314.53
EBITDA margin+12.9%+10.0%+11.9%+9.0%+7.5%+11.4%+8.1%
Profit before tax42.8632.9537.2521.7513.0316.737.57
Net profit34.3924.3627.4816.019.1512.605.43
Net profit margin+8.3%+6.4%+7.9%+5.1%+3.9%+7.3%+3.0%
EPS (β‚Ή)14.3310.7512.317.304.237.753.38
Balance sheet
Total assets26023721817917088.2086.03
Net worth21420218816114873.6461.51
Total debt33.9628.5226.3715.3718.369.9422.06
Cash & bank98.7419.0621.7233.7550.2712.8711.73
Net working capital14213211587.8575.9831.0823.20
Cash flow
Cash from operations60.2134.4066.993.934.0826.6829.72
Cash from investing(17.49)(15.07)(62.39)5.24(33.54)(7.73)(3.00)
Cash from financing(32.54)(22.09)(16.67)(15.12)57.03(14.57)(21.68)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue12911210310210810399.3096.50
Revenue growth (YoY)+19.1%+8.5%+4.1%+5.6%+13.1%+15.4%--
Other income1.722.692.362.191.822.703.302.44
Total expenses10496.7992.0490.7590.7289.5991.9786.34
EBITDA24.6915.2911.3111.1117.5313.737.3310.16
EBITDA margin+19.1%+13.6%+10.9%+10.9%+16.2%+13.3%+7.4%+10.5%
Depreciation4.894.784.524.284.453.293.423.36
Interest0.760.760.810.811.090.620.650.70
Profit before tax20.7612.448.348.2113.8112.526.568.54
Tax5.293.211.862.143.523.181.752.28

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue170149137135139133127123
Revenue growth (YoY)+22.5%+12.2%+7.7%+9.1%+13.0%+13.2%--
Other income1.041.731.921.521.132.472.691.13
EBITDA26.5418.3715.3116.3719.8717.1413.8511.20
EBITDA margin+15.6%+12.3%+11.2%+12.2%+14.3%+12.9%+10.9%+9.1%
Depreciation4.774.644.364.044.213.183.443.30
Interest0.690.680.710.710.960.500.530.59
Profit before tax22.1214.7812.1613.1415.8315.9312.578.44
Tax5.363.612.603.043.893.192.152.42
Net profit16.7611.179.5610.1011.9412.7410.426.02
EPS (β‚Ή)7.614.984.234.475.235.574.562.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue544491472441307240272
Revenue growth+10.7%+4.0%+7.1%+43.5%+27.8%-11.5%-
Other income7.047.217.275.4021.535.341.06
Total expenses475447420414286223248
Employee cost396380358353239189211
EBITDA68.6844.6952.1927.2721.4117.2523.38
EBITDA margin+12.6%+9.1%+11.1%+6.2%+7.0%+7.2%+8.6%
Depreciation15.8013.3912.9712.9810.1110.4411.33
Interest2.892.221.341.661.012.323.46
Profit before tax57.0336.2945.1518.0331.829.839.65
Tax12.729.2211.246.558.152.483.41
Net profit46.6427.0533.6811.2423.477.286.24
Net profit margin+8.6%+5.5%+7.1%+2.6%+7.6%+3.0%+2.3%
EPS (β‚Ή)19.7511.9415.065.1510.764.493.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.4422.6922.5222.3122.0216.3416.04
Reserves & surplus23120218515214158.1251.97
Shareholders' funds (net worth)25422420717416374.4868.07
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.510.600.6918.13
Unsecured loans39.8432.1628.2716.2218.1024.4116.59
Total debt39.8432.1628.2716.7318.7025.1034.72
Total liabilities306264240193185104105
Assets
Gross block11992.0788.1282.0882.3852.6147.83
Net block88.8664.5562.5453.6156.7329.8128.04
Capital work in progress0.021.940.640.000.000.080.00
Investments0.000.000.000.000.000.100.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors12010910111066.5640.8349.80
Cash & bank balances11124.7231.4747.5060.4429.4722.14
Loans & advances32.0884.5465.538.7021.1119.8910.80
Total current assets26321919816614890.1982.74
Total current liabilities61.3046.5243.7346.1540.9533.3030.20
Net working capital20217215412010756.8952.54
Total assets306264240193185104105
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash24.3431.2047.2749.5228.4917.794.34
Net cash from operating activities65.0831.5262.355.75(3.93)32.9428.77
Net cash from investing activities(21.24)(17.16)(62.25)6.22(31.62)(10.00)(5.37)
Net cash from financing activities(31.32)(21.22)(16.17)(14.21)56.57(12.24)(9.95)
Net change in cash12.51(6.85)(16.07)(2.25)21.0210.7013.45
Closing cash11124.7231.4747.5060.4429.4722.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.7%+4.0%+7.1%+43.5%+27.8%-11.5%-
EBITDA growth+53.7%-14.4%+91.4%+27.4%+24.1%-26.2%-
PBT growth+57.2%-19.6%+150.4%-43.3%+223.7%+1.9%-36.5%
Net income growth+72.4%-19.7%+199.6%-52.1%+222.4%+16.7%-
Revenue CAGR (3Y)+7.2%+16.9%+25.3%+17.5%+5.6%-0.6%+6.7%
EBITDA CAGR (3Y)+36.1%+27.8%+44.6%+5.3%-1.5%+15.2%+27.8%
Profitability & leverage
Net income margin+8.2%+5.5%+7.2%+2.6%+7.7%+3.1%+2.3%
Return on capital employed+21.0%+15.3%+21.5%+10.4%+22.7%+11.6%+14.0%
Return on net worth+18.6%+12.6%+17.8%+6.8%+19.9%+10.3%+9.7%
Debt / equity0.150.140.120.110.180.420.41
Long-term debt / equity0.110.100.070.060.070.120.10
Interest cover5.477.093.4211.628.9434.0728.71
Efficiency & per share
Fixed asset turnover5.165.455.555.364.554.796.90
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.744.674.495.005.725.305.50
EPS (β‚Ή)19.7511.9415.065.1510.764.493.89
Dividend per share (β‚Ή)8.005.005.003.003.003.001.50
Book value per share (β‚Ή)112.9598.8791.9877.9474.0945.5742.39
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue12911210310210810399.3096.50
Revenue growth (YoY)+19.1%+8.5%+4.1%+5.6%+13.1%+15.4%--
Other income1.722.692.362.191.822.703.302.44
Total expenses10496.7992.0490.7590.7289.5991.9786.34
EBITDA24.6915.2911.3111.1117.5313.737.3310.16
EBITDA margin+19.1%+13.6%+10.9%+10.9%+16.2%+13.3%+7.4%+10.5%
Depreciation4.894.784.524.284.453.293.423.36
Interest0.760.760.810.811.090.620.650.70
Profit before tax20.7612.448.348.2113.8112.526.568.54
Tax5.293.211.862.143.523.181.752.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue417381346315234173181
Revenue growth+9.4%+10.2%+9.8%+34.5%+35.8%-4.4%-
Other income9.0711.1810.287.705.608.466.52
Total expenses363343305287217153166
Employee cost301286258241176122132
EBITDA53.6638.0741.3128.4117.6519.6314.53
EBITDA margin+12.9%+10.0%+11.9%+9.0%+7.5%+11.4%+8.1%
Depreciation16.5313.5912.9012.709.219.2810.19
Interest3.342.711.441.661.012.083.29
Profit before tax42.8632.9537.2521.7513.0316.737.57
Tax10.708.579.525.443.694.042.14
Net profit34.3924.3627.4816.019.1512.605.43
Net profit margin+8.3%+6.4%+7.9%+5.1%+3.9%+7.3%+3.0%
EPS (β‚Ή)14.3310.7512.317.304.237.753.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.4422.6922.5222.3122.0216.3416.04
Reserves & surplus19117916513912657.2845.41
Shareholders' funds (net worth)21420218816114873.6461.51
Secured loans0.000.000.000.510.600.696.86
Unsecured loans33.9628.5226.3714.8617.769.2515.20
Total debt33.9628.5226.3715.3718.369.9422.06
Total liabilities26023721817917088.2086.03
Assets
Gross block92.8468.5966.8560.6363.0349.6543.92
Net block66.0344.0943.8234.8038.1228.5525.63
Capital work in progress0.021.940.640.000.000.080.00
Investments33.2233.2533.2533.2532.0212.2412.14
Inventories0.000.000.000.000.000.000.00
Sundry debtors70.0684.4070.5484.8546.3928.3433.88
Cash & bank balances98.7419.0621.7233.7550.2712.8711.73
Loans & advances28.0582.5365.229.0123.7518.879.34
Total current assets19718615712812060.0854.95
Total current liabilities54.5454.1242.6039.7644.4329.0031.75
Net working capital14213211587.8575.9831.0823.20
Total assets26023721817917088.2086.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash18.6821.4533.5139.4611.887.502.46
Net cash from operating activities60.2134.4066.993.934.0826.6829.72
Net cash from investing activities(17.49)(15.07)(62.39)5.24(33.54)(7.73)(3.00)
Net cash from financing activities(32.54)(22.09)(16.67)(15.12)57.03(14.57)(21.68)
Net change in cash10.17(2.76)(12.07)(5.95)27.584.385.04
Closing cash98.7419.0621.7233.7550.2712.8711.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.4%+10.2%+9.8%+34.5%+35.8%-4.4%-
EBITDA growth+41.0%-7.8%+45.4%+61.0%-10.1%+35.1%-
PBT growth+30.1%-11.5%+71.3%+66.9%-22.1%+121.0%-42.4%
Net income growth+41.2%-11.4%+71.6%+75.0%-27.4%+132.0%-
Revenue CAGR (3Y)+9.8%+17.6%+26.1%+20.4%+25.6%+17.5%+24.7%
EBITDA CAGR (3Y)+23.6%+29.2%+28.2%+25.1%+5.6%+76.3%+46.4%
Profitability & leverage
Net income margin+7.7%+6.4%+8.0%+5.2%+4.0%+7.4%+3.0%
Return on capital employed+18.6%+15.7%+19.5%+13.4%+10.9%+21.6%+13.0%
Return on net worth+15.5%+12.5%+15.9%+10.5%+8.4%+18.8%+8.8%
Debt / equity0.150.140.120.110.130.240.32
Long-term debt / equity0.100.100.070.060.080.120.10
Interest cover9.0011.075.0710.5711.9720.1075.81
Efficiency & per share
Fixed asset turnover5.165.635.435.104.163.695.18
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover5.404.924.454.806.275.556.52
EPS (β‚Ή)14.3310.7512.317.304.237.753.38
Dividend per share (β‚Ή)8.005.005.003.003.003.001.50
Book value per share (β‚Ή)95.3188.8683.2872.3067.2645.0638.31

Investments & Acquisitions by Onward Technologies

Onward Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HOW Logistics Group.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of transportation management, delivery, logistics, and supply chain solutions
howlg.comMelissa, United States2022Feb 2024β€’β€’β€’β€’
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Timeline of Onward Technologies

4 dated milestones of Onward Technologies across 33 years, from founding to its latest funding, stage changes and deals.

  1. Founded Onward Technologies is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $9.6M.
  4. Acquisition Acquires HOW Logistics Group.

Competitors of Onward Technologies

Onward Technologies has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Web traffic of Onward Technologies

The website of Onward Technologies (onwardgroup.com) receives about 10.4K visits a month.

  • Monthly visits
    10.4K

    ▼ 24% vs previous month

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talentica.com
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–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Related news about Onward Technologies

ONWARDTEC: Q2 CONS NET PROFIT 168M RUPEES VS 112M (QOQ)
Exchange Update β€’ 11 days ago
ONWARDTEC: Q2 REVENUE 1.7B RUPEES VS 1.5B (QOQ)
Exchange Update β€’ 11 days ago
ONWARDTEC: Q2 EBIT 218M RUPEES VS 137M (QOQ); Q2 EBIT MARGIN 12.8% VS 9.2% (QOQ)
Exchange Update β€’ 11 days ago
Onward Tech: Company's MD Highlights Strong Q2 Results and Healthy First Half, Boosting Confidence for Sustainable Growth in Next Three Years.
Exchange Update β€’ 11 days ago
Onward Tech: Co Wins Contract Worth 44.4 Cr Rs
Exchange Update β€’ 1 month ago
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Frequently Asked Questions about Onward Technologies

Onward Technologies was founded in 1991 and raised its 1st funding round 30 years after it was founded.

Onward Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Onward Technologies has 2,580 employees.

The primary company behind Onward Technologies, Onward Technologies Limited, reported revenue of β‚Ή551 Cr for FY 2026, up 11% year on year.

Onward Tech is a software outsourcing company specializing in Digital and ERD services. Headquartered in Mumbai, with a prominent global presence in North America Europe, and state-of-the-art offshore delivery centres (ODC) in India, it supports businesses in focused verticals of Transportation Mobility, Industrial Equipment Heavy Machinery, and Healthcare Lifesciences. With a scalable outsourcing and offshore model across 6 countries, a fast-growing team of 2800 employees, and long-term customer associations, Onward Tech accelerates innovation and maximize returns on RD investments for its marquee customers. With two decades of expertise in Mechanical Engineering capabilities, Onward Tech has augmented its prowess digital engineering, including embedded software services delivered for North American and European Original Equipment Manufacturers. Founded in 1991, the company has been listed on both NSE and BSE since 1995.

Onward Technologies's top competitors include Happiest Minds and Datamatics.

Onward Technologies offers Digital Services, Embedded Product Engineering, Mechanical Product Engineering, Testing and Validation, and Industrial Artificial Intelligence.

Yes, Onward Technologies is publicly traded on NSE under the ticker symbol ONWARDTEC.

Onward Technologies has made 1 acquisition, including HOW Logistics Group.

Onward Technologies has 1 investor. Key investors include Convergent Finance.

Onward Technologies is associated with 3 legal entities: Onward Technologies Limited, Onward Eservices Limited, Onward Suppliers Private Limited.

The legal entities of Onward Technologies currently have 15 directors, including Harish Mehta Shantilal, Harsha Raghavan, Niranjani Chandramouli and others.

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