Onward Technologies Limited - Company Profile

Q: Who are the current directors of Onward Technologies Limited?

The current directors of Onward Technologies Limited are Pawankumar Jethanand Nathani, Jay Nitin Sonawala, Dhanpal Arvind Jhaveri, Harsha Raghavan, Jigar Harish Mehta, Niranjani Chandramouli, Jai Shishir Diwanji, Harish Mehta Shantilal, Aakash Pankaj Joshi.

It is a engineering public limited company based in Mumbai, Maharashtra, India, established in 1991.

1991 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

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About Onward Technologies Limited

Onward Technologies Limited, a active public limited company, was established on 18 July 1991 in Mumbai, Maharashtra, India. Engaging in engineering design & consultancy within the information and communication sector, it holds CIN: L28920MH1991PLC062542. Registered under ROC Roc Mumbai. it is listed on BSE: 517536 and NSE: ONWARDTEC. It has an authorized capital of ₹44.62 Cr and a paid-up capital of ₹22.74 Cr.

Formerly known as Onward Engineering Technologies Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹324.62 Cr and a net worth of ₹161.29 Cr. Employing 2,581 professional, Its leadership includes Jay Nitin Sonawala (Director), Dhanpal Arvind Jhaveri (Director), Harsha Raghavan (Director). Past directors included Vinav Agarwal, Dimple Chauhan, Devanand Ramandasani. It holds ₹1.50 Cr open charges and ₹122.35 Cr settled loans. Its latest AGM occurred on 16 July 2025, with the balance sheet filed on 31 March 2025. It is based at Sterling Centre, 2Nd Floor, Dr. A.B. Road, Worli, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
L28920MH1991PLC062542
Registration Number
062542
Incorporation Date
18 July 1991
Authorized Capital
₹44.62 Cr
Paid-Up Capital
₹22.74 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 517536, NSE: ONWARDTEC)
Company Status
Active

Key Metrics

Authorised Capital ₹ 44.62 Cr as on 22-12-2025
Paid Up Capital ₹ 22.74 Cr as on 22-12-2025
Company Age 34 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.50 Cr as on 22-12-2025
Satisfied Charges ₹ 122.35 Cr as on 22-12-2025
Revenue Growth **** 35.26% (FY 2023)
Profit Growth **** 74.73% (FY 2023)
Ebitda **** 51.04% (FY 2023)
Net Worth 8.86% (FY 2023)
Total Assets **** 1.88% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Onward Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Onward Technologies Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jay Nitin Sonawala	Director	15 May 2020	Current
Dhanpal Arvind Jhaveri	Director	12 May 2023	Current
Harsha Raghavan	Director	30 Jun 2021	Current
Jigar Harish Mehta	Additional Director	16 May 2016	Current
Niranjani Chandramouli	Director	29 Sep 2022	Current
Jai Shishir Diwanji	Director	12 May 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	09 Jul 2025	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Director	29 Sep 2022	Past
Pramod Abcsdd	Cfo(Kmp)	23 Oct 2019	Past
Pramod Abcsdd	Company Secretary	15 Jun 2023	Past

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Financial Performance of Onward Technologies.

Onward Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.26% increase. The company also saw a substantial improvement in profitability, with a 74.73% increase in profit. The company's net worth moved up by a moderate rise of 8.86%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

35.26%

*******

Revenue from Operations

*******

34.46%

*******

Total Assets

*******

1.88%

*******

Profit or Loss

*******

74.73%

*******

Net Worth

*******

8.86%

*******

EBITDA

*******

51.04%

*******

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What is the Ownership and Shareholding Structure of Onward Technologies?

In 2023, Onward Technologies had a promoter holding of 45.21% and a public holding of 54.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹15,000,000.00

Satisfied Charges

₹1,223,462,370.00

Charges Breakdown by Lending Institutions

Others : 1.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Apr 2023	Others	₹1.50 Cr	Open
30 Oct 2021	Others	₹5.50 M	Satisfied
02 Feb 2021	Others	₹7.00 M	Satisfied
28 Oct 2020	The Hongkong And Shanghai Banking Corporation Limited	₹2.70 Cr	Satisfied
27 Aug 2020	Others	₹5.00 Cr	Satisfied

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How Many Employees Work at Onward Technologies?

Onward Technologies has a workforce of 2581 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Onward Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Onward Technologies's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Onward Technologies

Recent Activity within the Organization

Charges

A charge registered on 27 Nov 2019 via Charge ID 100309390 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Aug 2025. was recorded as a recent event.
08 Aug 2025
Director Appointment

Progress on Aakash Pankaj Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 24 Jul 2025 & has been associated with this company since 7 months 8 days . was documented.
24 Jul 2025
Annual General Meeting

Progress on Onward Technologies Limited last Annual general meeting of members was held on 16 Jul 2025 as per latest MCA records. was documented.
16 Jul 2025
Balance Sheet

The activity Onward Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 1.50 Cr registered on 03 Apr 2023 with Charge ID 100709941 was modified on 17 Apr 2024. was completed.
17 Apr 2024
Charges

The activity A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 2.50 Cr registered on 27 Nov 2019 with Charge ID 100309390 was modified on 01 Feb 2024. was completed.
01 Feb 2024

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