About Onward Technologies Limited
Data last updated: 14 July 2026
Onward Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in engineering design and consultancy, a part of the broader engineering sector. Incorporated on 18 July 1991, the company has been in operation for over 35 years.
Registered with ROC Mumbai under CIN L28920MH1991PLC062542. Listed on BSE: 517536 and NSE: ONWARDTEC.
Capital: an authorised share capital of ₹44.62 Cr and a paid-up capital of ₹22.24 Cr. Formerly known as Onward Engineering Technologies Private Limited. It is led by directors including Harish Mehta Shantilal and Harsha Raghavan.
Last AGM: 16 July 2025. Financial statements filed for year ended 31 March 2025. Office: Sterling Centre 2Nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹543.85 Cr, a growth of 10.69% compared to the previous year. The net worth stands at ₹253.51 Cr (up 13.02% YoY). Total assets are valued at ₹370.57 Cr (up 18.11% YoY).
The company has a workforce of approximately 2,581 employees as per the latest available data.
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.
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.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressSterling Centre 2Nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018
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IndustryEngineering, Engineering Design & Consultancy
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Onward Technologies Limited
Onward Technologies Limited operates one associated brand: Onward Technologies. These brands represent Onward Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Digital and ER&D services are provided via software outsourcing. | onwardgroup.com |
Competitors & Alternatives of Onward Technologies Limited
Brands and companies operating in the same space as Onward Technologies Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Onward Technologies Limited
Onward Technologies Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Onward Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Onward Technologies Limited
Onward Technologies Limited is audited by M/s BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Onward Technologies Limited
Onward Technologies Limited is currently managed by 7 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Harish Mehta Shantilal
Also directs:
Ian Advisory Llp, National Association Of Software And Service Companies, Phm Growth Private Limited and 5 more
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Whole-Time Director | 18 Jul 1991 | 35 Years 0 Months | Current |
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Harsha Raghavan
Also directs:
Convergent Finance Llp, Sundrop Brands Limited, Camlin Fine Sciences Limited and 5 more
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Director | 30 Jun 2021 | 5 Years 0 Months | Current |
| Niranjani Chandramouli | Director | 29 Sep 2022 | 3 Years 9 Months | Current |
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Jigar Harish Mehta
Also directs:
Jhm Enterprises Private Limited, Ot Park Private Limited
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Managing Director | 16 May 2016 | 10 Years 2 Months | Current |
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Jay Nitin Sonawala
Also directs:
Indiasomeday Travels Llp, Delicioso Gourmet Foods Private Limited
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Director | 15 May 2020 | 6 Years 2 Months | Current |
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Jai Shishir Diwanji
Also directs:
Alembic Pharmaceuticals Limited, Eimco Elecon (India ) Limited, Batliboi Limited and 4 more
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Director | 12 May 2023 | 3 Years 2 Months | Current |
Financials of Onward Technologies Limited FY 2026 filings available
Onward Technologies Limited reported revenue of ₹543.85 Cr (up 10.69% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹543.85 Cr | ₹491.32 Cr | ₹472.39 Cr | ₹440.93 Cr | ₹307.27 Cr | ₹240.37 Cr | ₹271.55 Cr |
| Other Income | ₹7.04 Cr | ₹7.21 Cr | ₹7.27 Cr | ₹5.4 Cr | ₹21.53 Cr | ₹5.34 Cr | ₹1.06 Cr |
| Total Income | ₹550.89 Cr | ₹498.53 Cr | ₹479.66 Cr | ₹446.33 Cr | ₹328.8 Cr | ₹245.7 Cr | ₹272.6 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.07 Lakh | ₹0 | ₹44.57 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.74 Cr | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹395.82 Cr | ₹380.12 Cr | ₹357.65 Cr | ₹353.09 Cr | ₹238.82 Cr | ₹188.97 Cr | ₹210.98 Cr |
| Finance Costs | ₹2.89 Cr | ₹2.22 Cr | ₹1.34 Cr | ₹1.66 Cr | ₹1.01 Cr | ₹2.32 Cr | ₹3.46 Cr |
| Depreciation & Amortisation | ₹15.8 Cr | ₹13.39 Cr | ₹12.97 Cr | ₹12.98 Cr | ₹10.11 Cr | ₹10.44 Cr | ₹11.33 Cr |
| Other Expenses | ₹76.18 Cr | ₹66.5 Cr | ₹62.55 Cr | ₹60.56 Cr | ₹47.03 Cr | ₹32.41 Cr | ₹36.74 Cr |
| Total Expenses | ₹490.69 Cr | ₹462.23 Cr | ₹434.51 Cr | ₹428.3 Cr | ₹296.97 Cr | ₹235.89 Cr | ₹262.96 Cr |
| Profit Before Exceptional Items & Tax | ₹60.2 Cr | ₹36.3 Cr | ₹45.16 Cr | ₹18.03 Cr | ₹31.83 Cr | ₹9.81 Cr | ₹9.64 Cr |
| Exceptional Items | -₹3.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹57.05 Cr | ₹36.3 Cr | ₹45.16 Cr | ₹18.03 Cr | ₹31.83 Cr | ₹9.81 Cr | ₹9.64 Cr |
| Total Tax Expense | ₹12.72 Cr | ₹9.22 Cr | ₹11.24 Cr | ₹6.55 Cr | ₹8.15 Cr | ₹2.47 Cr | ₹3.41 Cr |
| Net Profit | ₹44.32 Cr | ₹27.08 Cr | ₹33.92 Cr | ₹11.48 Cr | ₹23.68 Cr | ₹7.34 Cr | ₹6.24 Cr |
| attributable to Owners | ₹44.32 Cr | ₹27.08 Cr | ₹33.92 Cr | ₹11.48 Cr | ₹23.68 Cr | ₹7.34 Cr | ₹6.24 Cr |
| attributable to NCI | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹5.27 Cr | -₹17.47 Lakh | ₹29.08 Lakh | ₹1.62 Cr | ₹64.28 Lakh | -₹28.89 Lakh | ₹1.83 Cr |
| Total Comprehensive Income | ₹49.6 Cr | ₹26.9 Cr | ₹34.21 Cr | ₹13.1 Cr | ₹24.33 Cr | ₹7.05 Cr | ₹8.07 Cr |
| EBITDA (computed) | ₹78.89 Cr | ₹51.91 Cr | ₹59.47 Cr | ₹32.68 Cr | ₹42.94 Cr | ₹22.58 Cr | ₹24.44 Cr |
| Basic EPS | ₹19.64 | ₹11.97 | ₹15.13 | ₹5.18 | ₹12.62 | ₹4.52 | ₹3.90 |
| Diluted EPS | ₹19.52 | ₹11.81 | ₹14.81 | ₹5.05 | ₹12.17 | ₹4.35 | ₹3.76 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹370.57 Cr | ₹313.76 Cr | ₹286.94 Cr | ₹242.25 Cr |
| Non-current Assets | ₹107.55 Cr | ₹95.08 Cr | ₹89.08 Cr | ₹76.33 Cr |
| Current Assets | ₹263.02 Cr | ₹218.68 Cr | ₹197.86 Cr | ₹165.92 Cr |
| Property, Plant & Equipment | ₹85.15 Cr | ₹62.51 Cr | ₹60.04 Cr | ₹35.69 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹120 Cr | ₹109.41 Cr | ₹100.86 Cr | ₹109.72 Cr |
| Cash & Equivalents | ₹36.86 Cr | ₹24.34 Cr | ₹31.2 Cr | ₹47.27 Cr |
| Equity (Net Worth) | ₹253.51 Cr | ₹224.3 Cr | ₹207.13 Cr | ₹173.87 Cr |
| Equity Share Capital | ₹22.44 Cr | ₹22.69 Cr | ₹22.52 Cr | ₹22.31 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹40.28 Lakh |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹10.47 Lakh |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹50.75 Lakh |
| Current Liabilities | ₹71.8 Cr | ₹56.48 Cr | ₹52.63 Cr | ₹55.17 Cr |
| Total Liabilities | ₹117.06 Cr | ₹89.45 Cr | ₹79.81 Cr | ₹68.38 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹65.08 Cr | ₹31.52 Cr | ₹62.35 Cr | ₹5.75 Cr | -₹3.93 Cr |
| Investing Cash Flow | -₹21.58 Cr | -₹17.18 Cr | -₹62.34 Cr | ₹6.01 Cr | -₹31.6 Cr |
| Financing Cash Flow | -₹31.32 Cr | -₹21.22 Cr | -₹16.17 Cr | -₹14.21 Cr | ₹56.57 Cr |
| Capital Expenditure | ₹18.05 Cr | ₹2.38 Cr | ₹1.29 Cr | ₹5.24 Cr | ₹22.09 Cr |
| Free Cash Flow (computed) | ₹47.03 Cr | ₹29.15 Cr | ₹61.06 Cr | ₹50.33 Lakh | -₹26.02 Cr |
| Dividends Paid | ₹11.34 Cr | ₹11.2 Cr | ₹6.67 Cr | ₹6.58 Cr | ₹5.25 Cr |
| Net Change in Cash | ₹12.51 Cr | -₹6.85 Cr | -₹16.07 Cr | -₹2.25 Cr | ₹21.02 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹137.12 Cr | ₹134.62 Cr | ₹138.97 Cr | ₹133.15 Cr | ₹127.29 Cr | ₹123.39 Cr | ₹123.04 Cr | ₹117.6 Cr | ₹118.44 Cr | ₹114.09 Cr | ₹120.24 Cr | ₹119.62 Cr |
| Other Income | ₹1.92 Cr | ₹1.52 Cr | ₹1.13 Cr | ₹2.47 Cr | ₹2.69 Cr | ₹1.13 Cr | ₹1.56 Cr | ₹1.82 Cr | ₹2.82 Cr | ₹4.11 Cr | ₹1.43 Cr | ₹2.64 Cr |
| Total Income | ₹139.04 Cr | ₹136.14 Cr | ₹140.1 Cr | ₹135.62 Cr | ₹129.98 Cr | ₹124.52 Cr | ₹124.61 Cr | ₹119.42 Cr | ₹121.26 Cr | ₹118.2 Cr | ₹121.66 Cr | ₹122.26 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹102.02 Cr | ₹97.99 Cr | ₹97.68 Cr | ₹98.13 Cr | ₹98.01 Cr | ₹94.91 Cr | ₹97.98 Cr | ₹89.22 Cr | ₹91.4 Cr | ₹89.58 Cr | ₹90.58 Cr | ₹89.81 Cr |
| Finance Costs | ₹71.33 Lakh | ₹71.11 Lakh | ₹96.37 Lakh | ₹50.24 Lakh | ₹53.32 Lakh | ₹58.83 Lakh | ₹58.69 Lakh | ₹51.41 Lakh | ₹34.46 Lakh | ₹31.06 Lakh | ₹32.96 Lakh | ₹35.61 Lakh |
| Depreciation & Amortisation | ₹4.36 Cr | ₹4.04 Cr | ₹4.21 Cr | ₹3.18 Cr | ₹3.44 Cr | ₹3.3 Cr | ₹3.33 Cr | ₹3.32 Cr | ₹3.12 Cr | ₹3.31 Cr | ₹3.28 Cr | ₹3.26 Cr |
| Other Expenses | ₹19.79 Cr | ₹17.1 Cr | ₹21.42 Cr | ₹17.88 Cr | ₹15.43 Cr | ₹17.27 Cr | ₹17.11 Cr | ₹16.68 Cr | ₹17.39 Cr | ₹15.17 Cr | ₹14.64 Cr | ₹15.34 Cr |
| Total Expenses | ₹126.89 Cr | ₹119.84 Cr | ₹124.27 Cr | ₹119.69 Cr | ₹117.41 Cr | ₹116.07 Cr | ₹119 Cr | ₹109.74 Cr | ₹112.25 Cr | ₹108.36 Cr | ₹108.84 Cr | ₹108.77 Cr |
| Profit Before Exceptional Items & Tax | ₹12.15 Cr | ₹16.3 Cr | ₹15.83 Cr | ₹15.92 Cr | ₹12.57 Cr | ₹8.45 Cr | ₹5.6 Cr | ₹9.68 Cr | ₹9.01 Cr | ₹9.83 Cr | ₹12.82 Cr | ₹13.5 Cr |
| Exceptional Items | ₹0 | -₹3.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.15 Cr | ₹13.14 Cr | ₹15.83 Cr | ₹15.92 Cr | ₹12.57 Cr | ₹8.45 Cr | ₹5.6 Cr | ₹9.68 Cr | ₹9.01 Cr | ₹9.83 Cr | ₹12.82 Cr | ₹13.5 Cr |
| Total Tax Expense | ₹2.6 Cr | ₹3.04 Cr | ₹3.89 Cr | ₹3.19 Cr | ₹2.16 Cr | ₹2.41 Cr | ₹2.06 Cr | ₹2.59 Cr | ₹2.32 Cr | ₹3.05 Cr | ₹3.26 Cr | ₹2.62 Cr |
| Net Profit | ₹9.55 Cr | ₹10.1 Cr | ₹11.94 Cr | ₹12.73 Cr | ₹10.41 Cr | ₹6.04 Cr | ₹3.54 Cr | ₹7.09 Cr | ₹6.68 Cr | ₹6.79 Cr | ₹9.57 Cr | ₹10.88 Cr |
| attributable to Owners | ₹9.55 Cr | ₹10.1 Cr | ₹11.94 Cr | - | ₹10.41 Cr | ₹6.04 Cr | - | ₹7.09 Cr | ₹6.68 Cr | ₹6.79 Cr | ₹9.57 Cr | ₹10.88 Cr |
| attributable to NCI | - | - | ₹0 | - | ₹0 | ₹0 | - | - | - | - | - | - |
| Other Comprehensive Income | ₹4.09 Cr | ₹58.73 Lakh | ₹1.44 Cr | -₹84.01 Lakh | ₹94,000 | ₹10.22 Lakh | -₹8.11 Lakh | -₹20.52 Lakh | -₹70,000 | -₹6.86 Lakh | -₹6,000 | ₹36.7 Lakh |
| Total Comprehensive Income | ₹13.64 Cr | ₹10.69 Cr | ₹13.38 Cr | ₹11.89 Cr | ₹10.42 Cr | ₹6.14 Cr | ₹3.46 Cr | ₹6.88 Cr | ₹6.67 Cr | ₹6.72 Cr | ₹9.57 Cr | ₹11.25 Cr |
| EBITDA (computed) | ₹17.23 Cr | ₹21.05 Cr | ₹21 Cr | ₹19.61 Cr | ₹16.54 Cr | ₹12.34 Cr | ₹9.51 Cr | ₹13.52 Cr | ₹12.47 Cr | ₹13.45 Cr | ₹16.44 Cr | ₹17.11 Cr |
| Basic EPS | ₹4.26 | ₹4.50 | ₹5.26 | ₹5.61 | ₹4.59 | ₹2.66 | ₹1.57 | ₹3.14 | ₹2.97 | ₹3.02 | ₹4.27 | ₹4.87 |
| Diluted EPS | ₹4.23 | ₹4.47 | ₹5.23 | ₹5.57 | ₹4.56 | ₹2.63 | ₹1.54 | ₹3.09 | ₹2.91 | ₹2.96 | ₹4.18 | ₹4.77 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹416.77 Cr | ₹381.08 Cr | ₹345.95 Cr | ₹315.17 Cr | ₹234.4 Cr | ₹172.67 Cr | ₹122.05 Cr |
| Other Income | ₹9.07 Cr | ₹11.18 Cr | ₹10.28 Cr | ₹9.45 Cr | ₹5.6 Cr | ₹8.46 Cr | ₹6.74 Cr |
| Total Income | ₹425.84 Cr | ₹392.26 Cr | ₹356.23 Cr | ₹324.62 Cr | ₹240 Cr | ₹181.13 Cr | ₹128.79 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.07 Lakh | ₹0 | ₹18.3 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.74 Cr | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹301.16 Cr | ₹285.97 Cr | ₹257.8 Cr | ₹242.87 Cr | ₹176.16 Cr | ₹121.9 Cr | ₹84.13 Cr |
| Finance Costs | ₹3.34 Cr | ₹2.71 Cr | ₹1.44 Cr | ₹1.66 Cr | ₹1.01 Cr | ₹2.08 Cr | ₹3.18 Cr |
| Depreciation & Amortisation | ₹16.53 Cr | ₹13.59 Cr | ₹12.9 Cr | ₹12.7 Cr | ₹9.21 Cr | ₹9.28 Cr | ₹9.09 Cr |
| Other Expenses | ₹58.79 Cr | ₹57.04 Cr | ₹46.85 Cr | ₹45.66 Cr | ₹40.59 Cr | ₹29.41 Cr | ₹21.11 Cr |
| Total Expenses | ₹379.82 Cr | ₹359.3 Cr | ₹318.98 Cr | ₹302.88 Cr | ₹226.98 Cr | ₹164.42 Cr | ₹117.69 Cr |
| Profit Before Exceptional Items & Tax | ₹46.02 Cr | ₹32.96 Cr | ₹37.25 Cr | ₹21.73 Cr | ₹13.02 Cr | ₹16.71 Cr | ₹11.1 Cr |
| Exceptional Items | -₹3.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹42.86 Cr | ₹32.96 Cr | ₹37.25 Cr | ₹21.73 Cr | ₹13.02 Cr | ₹16.71 Cr | ₹11.1 Cr |
| Total Tax Expense | ₹10.7 Cr | ₹8.57 Cr | ₹9.52 Cr | ₹5.44 Cr | ₹3.69 Cr | ₹4.04 Cr | ₹2.91 Cr |
| Net Profit | ₹32.16 Cr | ₹24.38 Cr | ₹27.73 Cr | ₹16.29 Cr | ₹9.32 Cr | ₹12.67 Cr | ₹8.19 Cr |
| Other Comprehensive Income | ₹56.26 Lakh | -₹62.61 Lakh | -₹52.97 Lakh | -₹72.87 Lakh | -₹48.85 Lakh | ₹10.79 Lakh | ₹1.29 Lakh |
| Total Comprehensive Income | ₹32.72 Cr | ₹23.76 Cr | ₹27.2 Cr | ₹15.56 Cr | ₹8.84 Cr | ₹12.78 Cr | ₹8.2 Cr |
| EBITDA (computed) | ₹65.89 Cr | ₹49.25 Cr | ₹51.59 Cr | ₹36.09 Cr | ₹23.24 Cr | ₹28.07 Cr | ₹23.37 Cr |
| Basic EPS | ₹14.25 | ₹10.78 | ₹12.37 | ₹7.34 | ₹4.97 | ₹7.80 | ₹5.12 |
| Diluted EPS | ₹14.17 | ₹10.64 | ₹12.10 | ₹7.16 | ₹4.79 | ₹7.50 | ₹4.93 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹314.75 Cr | ₹291.47 Cr | ₹260.71 Cr | ₹218.4 Cr |
| Non-current Assets | ₹117.91 Cr | ₹105.48 Cr | ₹103.24 Cr | ₹90.79 Cr |
| Current Assets | ₹196.84 Cr | ₹185.99 Cr | ₹157.47 Cr | ₹127.61 Cr |
| Property, Plant & Equipment | ₹62.32 Cr | ₹42.05 Cr | ₹41.31 Cr | ₹17.98 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹70.06 Cr | ₹84.4 Cr | ₹70.54 Cr | ₹84.85 Cr |
| Cash & Equivalents | ₹28.86 Cr | ₹18.68 Cr | ₹21.45 Cr | ₹33.51 Cr |
| Equity (Net Worth) | ₹213.91 Cr | ₹201.57 Cr | ₹187.55 Cr | ₹161.29 Cr |
| Equity Share Capital | ₹22.44 Cr | ₹22.69 Cr | ₹22.52 Cr | ₹22.31 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹40.28 Lakh |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹10.47 Lakh |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹50.75 Lakh |
| Current Liabilities | ₹64.24 Cr | ₹63.31 Cr | ₹50.95 Cr | ₹47.75 Cr |
| Total Liabilities | ₹100.84 Cr | ₹89.89 Cr | ₹73.16 Cr | ₹57.11 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹60.21 Cr | ₹34.4 Cr | ₹66.99 Cr | ₹3.93 Cr | ₹4.08 Cr |
| Investing Cash Flow | -₹17.49 Cr | -₹15.07 Cr | -₹62.39 Cr | ₹5.24 Cr | -₹33.54 Cr |
| Financing Cash Flow | -₹32.54 Cr | -₹22.09 Cr | -₹16.67 Cr | -₹15.12 Cr | ₹57.03 Cr |
| Capital Expenditure | ₹18.02 Cr | ₹2.27 Cr | ₹1.31 Cr | ₹5.02 Cr | ₹4.5 Cr |
| Free Cash Flow (computed) | ₹42.19 Cr | ₹32.13 Cr | ₹65.68 Cr | -₹1.1 Cr | -₹41.39 Lakh |
| Dividends Paid | ₹11.34 Cr | ₹11.2 Cr | ₹6.67 Cr | ₹6.65 Cr | ₹5.25 Cr |
| Net Change in Cash | ₹10.17 Cr | -₹2.76 Cr | -₹12.07 Cr | -₹5.95 Cr | ₹27.58 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹103.35 Cr | ₹101.86 Cr | ₹108.25 Cr | ₹103.32 Cr | ₹99.3 Cr | ₹96.5 Cr | ₹95.73 Cr | ₹89.55 Cr | ₹89.18 Cr | ₹85.19 Cr | ₹87.09 Cr | ₹84.49 Cr |
| Other Income | ₹2.36 Cr | ₹2.19 Cr | ₹1.82 Cr | ₹2.7 Cr | ₹3.3 Cr | ₹2.44 Cr | ₹2.77 Cr | ₹2.67 Cr | ₹3.31 Cr | ₹4.57 Cr | ₹2.51 Cr | ₹1.22 Cr |
| Total Income | ₹105.71 Cr | ₹104.04 Cr | ₹110.07 Cr | ₹106.02 Cr | ₹102.6 Cr | ₹98.94 Cr | ₹98.51 Cr | ₹92.22 Cr | ₹92.49 Cr | ₹89.76 Cr | ₹89.59 Cr | ₹85.71 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹77.31 Cr | ₹74.53 Cr | ₹74.56 Cr | ₹74.77 Cr | ₹76.05 Cr | ₹72.09 Cr | ₹72.95 Cr | ₹64.87 Cr | ₹65.92 Cr | ₹65.93 Cr | ₹64.93 Cr | ₹62.35 Cr |
| Finance Costs | ₹81.33 Lakh | ₹81.3 Lakh | ₹1.09 Cr | ₹62.46 Lakh | ₹65.28 Lakh | ₹70.18 Lakh | ₹70.41 Lakh | ₹64.69 Lakh | ₹50.92 Lakh | ₹28.35 Lakh | ₹30.82 Lakh | ₹34.01 Lakh |
| Depreciation & Amortisation | ₹4.52 Cr | ₹4.28 Cr | ₹4.45 Cr | ₹3.29 Cr | ₹3.42 Cr | ₹3.36 Cr | ₹3.39 Cr | ₹3.41 Cr | ₹3.25 Cr | ₹3.25 Cr | ₹3.2 Cr | ₹3.19 Cr |
| Other Expenses | ₹14.74 Cr | ₹13.06 Cr | ₹16.17 Cr | ₹14.83 Cr | ₹15.91 Cr | ₹14.25 Cr | ₹13.78 Cr | ₹13.1 Cr | ₹14.75 Cr | ₹10.73 Cr | ₹10.44 Cr | ₹10.93 Cr |
| Total Expenses | ₹97.37 Cr | ₹92.69 Cr | ₹96.26 Cr | ₹93.51 Cr | ₹96.04 Cr | ₹90.4 Cr | ₹90.83 Cr | ₹82.03 Cr | ₹84.43 Cr | ₹80.19 Cr | ₹78.88 Cr | ₹76.82 Cr |
| Profit Before Exceptional Items & Tax | ₹8.33 Cr | ₹11.36 Cr | ₹13.82 Cr | ₹12.51 Cr | ₹6.55 Cr | ₹8.53 Cr | ₹7.68 Cr | ₹10.19 Cr | ₹8.07 Cr | ₹9.57 Cr | ₹10.72 Cr | ₹8.89 Cr |
| Exceptional Items | ₹0 | -₹3.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹8.33 Cr | ₹8.2 Cr | ₹13.82 Cr | ₹12.51 Cr | ₹6.55 Cr | ₹8.53 Cr | ₹7.68 Cr | ₹10.19 Cr | ₹8.07 Cr | ₹9.57 Cr | ₹10.72 Cr | ₹8.89 Cr |
| Total Tax Expense | ₹1.86 Cr | ₹2.14 Cr | ₹3.52 Cr | ₹3.18 Cr | ₹1.75 Cr | ₹2.28 Cr | ₹1.96 Cr | ₹2.58 Cr | ₹2.04 Cr | ₹2.49 Cr | ₹2.72 Cr | ₹2.26 Cr |
| Net Profit | ₹6.48 Cr | ₹6.06 Cr | ₹10.3 Cr | ₹9.33 Cr | ₹4.8 Cr | ₹6.25 Cr | ₹5.72 Cr | ₹7.61 Cr | ₹6.02 Cr | ₹7.08 Cr | ₹7.99 Cr | ₹6.63 Cr |
| Other Comprehensive Income | ₹1.49 Cr | -₹65,000 | -₹17.87 Lakh | -₹74.12 Lakh | ₹10.49 Lakh | -₹24.37 Lakh | -₹35.48 Lakh | -₹13.25 Lakh | ₹18.04 Lakh | -₹23.67 Lakh | -₹29.13 Lakh | -₹18.21 Lakh |
| Total Comprehensive Income | ₹7.97 Cr | ₹6.06 Cr | ₹10.12 Cr | ₹8.58 Cr | ₹4.91 Cr | ₹6.01 Cr | ₹5.37 Cr | ₹7.48 Cr | ₹6.2 Cr | ₹6.85 Cr | ₹7.7 Cr | ₹6.45 Cr |
| EBITDA (computed) | ₹13.67 Cr | ₹16.45 Cr | ₹19.35 Cr | ₹16.42 Cr | ₹10.63 Cr | ₹12.6 Cr | ₹11.77 Cr | ₹14.25 Cr | ₹11.83 Cr | ₹13.1 Cr | ₹14.23 Cr | ₹12.43 Cr |
| Basic EPS | ₹2.89 | ₹2.70 | ₹4.54 | ₹4.11 | ₹2.12 | ₹2.76 | ₹2.53 | ₹3.38 | ₹2.68 | ₹3.16 | ₹3.57 | ₹2.97 |
| Diluted EPS | ₹2.87 | ₹2.68 | ₹4.51 | ₹4.08 | ₹2.10 | ₹2.73 | ₹2.49 | ₹3.31 | ₹2.62 | ₹3.09 | ₹3.49 | ₹2.91 |
Shareholding Pattern of Onward Technologies Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 40.02%, foreign institutional investors hold 9.33%, domestic institutional investors hold 1.80%, retail and other public shareholders hold 47.45% of Onward Technologies Limited. The company had 21,761 shareholders on record.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 40.02% | 39.07% | 39.09% | 39.02% | 39.02% | 38.66% |
| Public | 58.58% | 59.57% | 59.55% | 60.10% | 60.91% | 61.34% |
| Employee Trusts | 1.39% | 1.36% | 1.36% | 0.88% | 0.07% | 0.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 39.07% | 38.66% | 38.12% | 45.21% | 45.79% | 61.71% | 62.20% | 58.98% | 55.03% | 65.13% | 64.58% |
| Public | 59.57% | 61.34% | 61.88% | 54.79% | 54.21% | 38.29% | 37.80% | 41.02% | 44.97% | 34.87% | 35.42% |
| Employee Trusts | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | +0.41 | +0.54 | -7.09 | -0.58 | -15.92 | -0.49 | +3.22 | +3.95 | -10.10 | +0.55 | - |
Board & Governance of Onward Technologies Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Onward Technologies Limited has 7 directors - 4 independent and 2 executive. The board is chaired by Harish Mehta.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Harish Mehta | Executive Director · Chairperson | 1991-07-18 | 1 |
| Jigar Mehta | Executive Director · MD | 2016-05-16 | 1 |
| Jay Sonawala | Non-Executive - Independent Director | 2020-05-15 | 1 |
| Harsha Raghavan | Non-Executive - Non Independent Director | 2021-06-30 | 4 |
| Niranjani Chandramouli | Non-Executive - Independent Director | 2022-09-29 | 1 |
| Jai Diwanji | Non-Executive - Independent Director | 2023-05-12 | 5 |
| Dhanpal Jhaveri | Non-Executive - Independent Director | 2023-05-12 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Jay Sonawala (Chairperson), Harsha Raghavan, Niranjani Chandramouli, Dhanpal Jhaveri |
| Nomination and remuneration committee | Dhanpal Jhaveri (Chairperson), Niranjani Chandramouli, Harsha Raghavan |
| Stakeholders Relationship Committee | Jai Diwanji (Chairperson), Jay Sonawala, Jigar Mehta |
| Risk Management Committee | Niranjani Chandramouli (Chairperson), Jai Diwanji, Jigar Mehta |
| Corporate Social Responsibility Committee | Harish Mehta (Chairperson), Jigar Mehta, Niranjani Chandramouli |
Charges & Borrowings of Onward Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2023 | Others | ₹1.5 Cr | Satisfied |
| 30 Oct 2021 | Others | ₹55 Lakh | Satisfied |
| 02 Feb 2021 | Others | ₹70 Lakh | Satisfied |
| 28 Oct 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.7 Cr | Satisfied |
| 27 Aug 2020 | Others | ₹5 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Onward Technologies Limited
Onward Technologies Limited has a workforce of 2,581 employees as of Apr 05, 2024.
Employee and EPFO history for Onward Technologies Limited
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GST Compliance of Onward Technologies Limited
GST registrations and filing compliance for Onward Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Onward Technologies Limited
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MSME Payment Delays by Onward Technologies Limited
MSME payment history for Onward Technologies Limited
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Subsidiaries & Group Companies of Onward Technologies Limited
Corporate group structure for Onward Technologies Limited
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MCA Filings & Documents of Onward Technologies Limited
MCA filings and documents for Onward Technologies Limited
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Recent Activity on Onward Technologies Limited
Recent News on Onward Technologies Limited
Frequently Asked Questions about Onward Technologies Limited
Onward Technologies Limited is an active public limited company in the engineering sector based in Mumbai, Maharashtra, India. It was incorporated on 18 July 1991 (35+ years old) and is registered under CIN L28920MH1991PLC062542. Listed on BSE: 517536 and NSE: ONWARDTEC. The company has 2,581 employees.
Onward Technologies Limited reported revenue of ₹543.85 Cr for FY 2026 (up 10.69% YoY) based on consolidated NSE filings.
The current directors of Onward Technologies Limited are:
- Harish Mehta Shantilal - Whole-Time Director
- Harsha Raghavan - Director
- Niranjani Chandramouli - Director
- Jigar Harish Mehta - Managing Director
- Jay Nitin Sonawala - Director
- Jai Shishir Diwanji - Director
- Dhanpal Arvind Jhaveri - Director
The primary industry of Onward Technologies Limited is engineering. The company specifically operates in engineering design and consultancy. The company is currently active in this sector.
Yes. Onward Technologies Limited is listed on both BSE (code: 517536) and NSE (symbol: ONWARDTEC).
Onward Technologies Limited can be reached at the registered office: Sterling Centre 2Nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018, or through the website onwardgroup.com.