Onward Technologies Limited

BSE: 517536 NSE: ONWARDTEC
Onward Technologies Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L28920MH1991PLC062542 Incorporated 18 July 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: ONWARDTEC · BSE: 517536 Public Limited Company engineering
Data last updated
Market Cap
₹1,023 Cr
ONWARDTEC · NSE
Share Price
₹436.45
-5.07% 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)
19.4x
P/B 3.9x
ROE
18.6%
ROCE 21.0%
Debt / Equity
0.15
Interest cover 5.5x

About Onward Technologies Limited

Data last updated:

Onward Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 18 July 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L28920MH1991PLC062542. Its GSTIN is 27AAACO3742J1ZE (Maharashtra). The company holds 6 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 517536 and NSE: ONWARDTEC.

The company has an authorised share capital of ₹44.62 Cr and a paid-up capital of ₹22.24 Cr. It was formerly known as Onward Engineering Technologies Private Limited. It is led by directors including Jigar Harish Mehta (Managing Director) and Harish Mehta Shantilal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sterling Centre 2nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹543.85 Cr, a growth of 10.7% compared to the previous year. For the same year it recorded a net profit of ₹46.64 Cr (net margin 8.6%) and EBITDA of ₹68.68 Cr (EBITDA margin 12.6%). The net worth stands at ₹253.5 Cr (up 13% YoY). Total assets are valued at ₹306.11 Cr (up 15.9% YoY).

The company has about 2,581 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Onward Technologies. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹123.85 Cr on record. Court records list 32 cases involving the company, including 17 filed by the company and 15 filed against it; 1 case is pending. The company has 81 deals on record (80 market trades, 1 funding round), with disclosed funding of ₹70.2 Cr; the latest was in July 2026. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 467 overdue payments to 61 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onwardgroup.com.

Company details

CIN L28920MH1991PLC062542
Registration Number 062542
Incorporation Date 18 July 1991
ROC Mumbai
Listing Status Listed - Listed on NSE (ONWARDTEC); Listed on BSE (517536)
Company Status Active
Date of Last AGM 16 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Udyam Registration UDYAM-MH-19-0054475
Enterprise Type Medium
Key People
Jigar Harish Mehta Managing Director Harish Mehta Shantilal Whole-Time Director Harsha Raghavan Director

Contact details

Onward Technologies Limited's registered office is in Mumbai, Maharashtra. Its website is onwardgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    onwardgroup.com
  • Social Media
  • Registered Address
    Sterling Centre 2nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Engineering, Engineering Design & Consultancy

To see the full contact details of Onward Technologies Limited, buy the company report.

Comprehensive company report
Onward Technologies Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Onward Technologies operates one associated brand: Onward Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Onward Technologies
Digital and ER&D services are provided via software outsourcing.onwardgroup.com

Business activity

The main business activity of Onward Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Onward Technologies Limited, buy the company report.

Financials of Onward Technologies Limited

FY 2025-26 filings available

Onward Technologies Limited reported revenue of ₹543.85 Cr (up 10.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · 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 (₹)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 (₹)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 (₹)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 24 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 (₹)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 (₹)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 (₹)19.7511.9415.065.1510.764.493.89
Dividend per share (₹)8.005.005.003.003.003.001.50
Book value per share (₹)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 (₹)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 (₹)14.3310.7512.317.304.237.753.38
Dividend per share (₹)8.005.005.003.003.003.001.50
Book value per share (₹)95.3188.8683.2872.3067.2645.0638.31

To see the full year-wise statements and ratios of Onward Technologies Limited, buy the company report.

Board of directors of Onward Technologies Limited

Onward Technologies has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harish Mehta Shantilal
Also directs: Ian Advisory LLP, National Association of Software and Service Companies, PHM Growth Private Limited and 5 more
Whole-Time Director18 Jul 199135 Years 3 MonthsCurrent
Harsha Raghavan
Also directs: Convergent Finance LLP, Sundrop Brands Limited, Camlin Fine Sciences Limited and 5 more
Director30 Jun 20215 Years 3 MonthsCurrent
Niranjani Chandramouli
Also directs: Growtharchers Consulting LLP, JNTL Consumer Health (India) Private Limited
Director29 Sep 20224 Years 0 MonthsCurrent
Jigar Harish Mehta
Also directs: JHM Enterprises Private Limited, Ot Park Private Limited
Managing Director16 May 201610 Years 5 MonthsCurrent
Jay Nitin Sonawala
Also directs: Indiasomeday Travels LLP, Delicioso Gourmet Foods Private Limited
Director15 May 20206 Years 5 MonthsCurrent
Jai Shishir Diwanji
Also directs: Alembic Pharmaceuticals Limited, Eimco Elecon (India ) Limited, Batliboi Limited and 4 more
Director12 May 20233 Years 5 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Onward Technologies Limited is audited by BSR & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BSR & Co. LLPFY 2023101248W/W-100022

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 40.00%, foreign institutional investors hold 9.30%, domestic institutional investors hold 1.80% and retail and other public shareholders hold 48.90%.

Promoters: 40.00%DII (Domestic Institutional): 1.80%FII (Foreign Institutional): 9.30%Retail & Others: 48.90%
Sep 2026
QUARTER
40.00% Promoters
1.80% DII (Domestic Institutional)
9.30% FII (Foreign Institutional)
48.90% Retail & Others
Promoter holding - history
Now 40.00% · Sep 2026High 40.00% · Sep 2026Low 39.00% · Dec 2025
38%38.8%39.5%40.3%41%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 39.00%Mar 2026: 39.10%Jun 2026: 39.10%Sep 2026: 40.00%39.00%40.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters40.00%39.10%39.10%39.00%
Public60.00%60.90%60.90%61.00%

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹123.85 Cr
Breakdown by lending institutions
Bank of Baroda₹26.00 Cr
Kotak Mahindra Bank Limited₹20.75 Cr
Yes Bank Limited₹19.96 Cr
Axis Bank Limited₹16.00 Cr
Uti Bank Ltd₹11.80 Cr
Others₹29.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Apr 2023100709941Others₹1.5 CrSatisfied
30 Oct 2021100497033Others₹55 LakhSatisfied
02 Feb 2021100442519Others₹70 LakhSatisfied
28 Oct 2020100386710The Hongkong and Shanghai Banking Corporation Limited₹2.7 CrSatisfied
27 Aug 2020100364966Others₹5 CrSatisfied

To see the full charge records of Onward Technologies Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Onward Technologies Limited has 81 deals on record (80 market trades, 1 funding round), with disclosed funding of ₹70.2 Cr; the latest was in July 2026.

Total deals
81
Market trades
80
Funding round
1
Disclosed funding
₹70.2 Cr

Deals on record (5 of 81)

WhenDealAmountParties
Jul 2026Market trade₹22.29 CrBuyer: Silverleaf Capital Services Private Limited , NK Securities Research Private Limited , Microcurves Trading Private Limited
Seller: Silverleaf Capital Services Private Limited , NK Securities Research Private Limited , Microcurves Trading Private Limited
Jun 2026Market trade₹74.26 CrBuyer: NK Securities Research Private Limited , Microcurves Trading Private Limited , Two Roads Trading Private Limited
Seller: NK Securities Research Private Limited , Microcurves Trading Private Limited , Two Roads Trading Private Limited
Jun 2025Market trade₹4.52 CrBuyer: NK Securities Research Private Limited
Seller: NK Securities Research Private Limited
Jan 2025Market trade₹5.91 CrBuyer: an individual
Seller: Incred Asset Management Private Limited
Dec 2023Market trade₹16.42 CrBuyer: Graviton Research Capital LLP , an individual
Seller: Graviton Research Capital LLP , an individual

To see the full deal history of Onward Technologies Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Onward Technologies Limited was last rated by Icra on 02 Feb 2022.

Rating agencyRated onRating
Icra02 Feb 2022

To see the full credit ratings and regulatory alerts of Onward Technologies Limited, buy the company report.

MSME payment delays

Onward Technologies Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 467 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 61)

SupplierAmount dueDue sinceReported on
Rac Infra Rental LLP
Vintech Electronic Systems Private Limited
Alpha Reverse Engineering and Design Solutions Private Limited
Expert Time Industries Private Limited
Pelf Infotech Private Limited

To see the full MSME payment records of Onward Technologies Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Onward Technologies Limited has a workforce of 2,581 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
2,581
Active EPFO establishments
1
Employee growth
-8.73%

GST

Onward Technologies has 6 GST registrations: 3 active and 3 cancelled or inactive.

Total GSTINs
6
Active
3
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACO3742J1ZEMaharashtraActive01 Jul 2017
29AAACO3742J2Z9KarnatakaActive12 Mar 2022
36AAACO3742J1ZFTelanganaActive31 Mar 2022

To see the full GST registrations and return filing status of Onward Technologies Limited, buy the company report.

Recent activity

Onward Technologies Limited has 42 board changes on record since 1991: 25 appointments and 17 cessations. The latest: Vinav Agarwal ceased to be Company Secretary on 09 Jul 2025.

Charges
A charge registered on 03 Apr 2023 via Charge ID 100709941 with Others was fully satisfied on 09 Jun 2026.
Filing
Onward Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
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.
AGM
Onward Technologies Limited last Annual general meeting of members was held on 16 Jul 2025 as per latest MCA records.
Ceased
Vinav Agarwal ceased to be Company Secretary.
Charges
A charge with Others of Rs. 1.50 Cr registered on 03 Apr 2023 with Charge ID 100709941 was modified on 17 Apr 2024.
Charges
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.
Charges
A charge registered on 02 Feb 2021 via Charge ID 100442519 with Others was fully satisfied on 11 Nov 2023.
Appointed
Vinav Agarwal was appointed as Company Secretary.
Ceased
Parish Arun Meghani ceased to be Director.
Ceased
Rahul Ramkumar Rathi ceased to be Director.
Ceased
Subrata Kumar Atindra Mitra ceased to be Director.

79 earlier events are in the company report.

News

ONWARDTEC: Q2 CONS NET PROFIT 168M RUPEES VS 112M (QOQ)
16 Oct 2026 · Exchange Update
ONWARDTEC: Q2 REVENUE 1.7B RUPEES VS 1.5B (QOQ)
16 Oct 2026 · Exchange Update
ONWARDTEC: Q2 EBIT 218M RUPEES VS 137M (QOQ); Q2 EBIT MARGIN 12.8% VS 9.2% (QOQ)
16 Oct 2026 · Exchange Update
Onward Tech: Company's MD Highlights Strong Q2 Results and Healthy First Half, Boosting Confidence for Sustainable Growth in Next Three Years.
16 Oct 2026 · Exchange Update

Frequently asked questions

Onward Technologies is an active public limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 18 July 1991 (35+ years old) and is registered under CIN L28920MH1991PLC062542. Listed on BSE: 517536 and NSE: ONWARDTEC.

Onward Technologies reported revenue of ₹543.85 Cr for FY 2025-26 (up 10.7% YoY) based on consolidated financials.

Onward Technologies has 7 current directors:

The latest financial statements of Onward Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Onward Technologies is 27AAACO3742J1ZE, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAACO3742J2Z9 (Karnataka), 36AAACO3742J1ZF (Telangana).

The CIN (Corporate Identification Number) of Onward Technologies is L28920MH1991PLC062542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Onward Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 517536) and NSE (symbol: ONWARDTEC).

Onward Technologies has 32 court cases on record: 17 filed by the company and 15 filed against it. 1 is pending. Most are in the district courts.

Onward Technologies was incorporated on 18 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.

Onward Technologies has 81 deals on record (80 market trades, 1 funding round), with disclosed funding of ₹70.2 Cr; the latest was in July 2026.

Vinav Agarwal ceased to be Company Secretary on 09 Jul 2025. Vinav Agarwal was appointed as Company Secretary on 20 Oct 2023. Parish Arun Meghani ceased to be Director on 20 Jul 2023. Onward Technologies has 42 board changes on record in total.