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Onward Technolog

  • Market Cap: Micro Cap
  • Industry: IT - Software
  • ISIN: INE229A01017
  • NSEID: ONWARDTEC
  • BSEID: 517536
INR
227.20
10.95 (5.06%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 42.02 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

42.02 k (-23.77%) Volume

Shareholding (Dec 2024)

FII

9.18%

Held by 6 FIIs

DII

6.39%

Held by 5 DIIs

Promoter

37.86%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 12.17% and Operating profit at 7.08% over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Falling Participation by Institutional Investors

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

IT - Software

stock-summary
Market cap

INR 515 Cr (Micro Cap)

stock-summary
P/E

21.00

stock-summary
Industry P/E

26

stock-summary
Dividend Yield

2.30%

stock-summary
Debt Equity

0.05

stock-summary
Return on Equity

11.56%

stock-summary
Price to Book

2.35

Revenue and Profits (1 Year):
Net Sales:
123 Cr
(Quarterly Results - Dec 2024)
Net Profit:
6 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.3%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-44.81%
0%
-44.81%
1 Year
-52.32%
1.07%
-51.25%
2 Years
-31.11%
2.47%
-28.64%
3 Years
-42.96%
3.70%
-39.26%
4 Years
84.12%
11.18%
95.3%
5 Years
399.34%
43.30%
442.64%

Latest dividend: 5 per share ex-dividend date: Jul-12-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
12.17%
EBIT Growth (5y)
7.08%
EBIT to Interest (avg)
11.71
Debt to EBITDA (avg)
0.99
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.19
Tax Ratio
28.65%
Dividend Payout Ratio
33.20%
Pledged Shares
0
Institutional Holding
15.56%
ROCE (avg)
11.78%
ROE (avg)
11.05%
Valuation key factors
Factor
Value
P/E Ratio
21
Industry P/E
26
Price to Book Value
2.35
EV to EBIT
18.27
EV to EBITDA
12.37
EV to Capital Employed
2.29
EV to Sales
1.04
PEG Ratio
NA
Dividend Yield
2.30%
ROCE (Latest)
12.27%
ROE (Latest)
11.56%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 3 Schemes (4.04%)

FIIs

Held by 6 FIIs (9.18%)

Promoter with highest holding

Jhm Enterprises Private Limited (33.51%)

Highest Public shareholder

Infinity Direct Holdings (8.73%)

Individual Investors Holdings

30.63%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 8.15% vs -1.46% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -11.05% vs 176.02% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "123.39",
          "val2": "114.09",
          "chgp": "8.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.21",
          "val2": "10.67",
          "chgp": "5.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.59",
          "val2": "0.31",
          "chgp": "90.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.04",
          "val2": "6.79",
          "chgp": "-11.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.09%",
          "val2": "9.35%",
          "chgp": "-0.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.33% vs 17.71% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -48.02% vs 1,048.88% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "240.64",
          "val2": "239.86",
          "chgp": "0.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.65",
          "val2": "31.88",
          "chgp": "-38.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.10",
          "val2": "0.69",
          "chgp": "59.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "10.63",
          "val2": "20.45",
          "chgp": "-48.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.17%",
          "val2": "13.29%",
          "chgp": "-5.12%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 2.85% vs 10.76% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -38.80% vs 542.45% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "364.03",
          "val2": "353.95",
          "chgp": "2.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.86",
          "val2": "42.55",
          "chgp": "-27.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.69",
          "val2": "1.00",
          "chgp": "69.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "16.67",
          "val2": "27.24",
          "chgp": "-38.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.48%",
          "val2": "12.02%",
          "chgp": "-3.54%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 7.13% vs 43.50% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 195.47% vs -51.52% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "472.39",
          "val2": "440.93",
          "chgp": "7.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "52.19",
          "val2": "29.29",
          "chgp": "78.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.34",
          "val2": "1.66",
          "chgp": "-19.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "33.92",
          "val2": "11.48",
          "chgp": "195.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.05%",
          "val2": "6.64%",
          "chgp": "4.41%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
123.39
114.09
8.15%
Operating Profit (PBDIT) excl Other Income
11.21
10.67
5.06%
Interest
0.59
0.31
90.32%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.04
6.79
-11.05%
Operating Profit Margin (Excl OI)
9.09%
9.35%
-0.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 8.15% vs -1.46% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -11.05% vs 176.02% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
240.64
239.86
0.33%
Operating Profit (PBDIT) excl Other Income
19.65
31.88
-38.36%
Interest
1.10
0.69
59.42%
Exceptional Items
0.00
0.00
Consolidate Net Profit
10.63
20.45
-48.02%
Operating Profit Margin (Excl OI)
8.17%
13.29%
-5.12%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.33% vs 17.71% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -48.02% vs 1,048.88% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
364.03
353.95
2.85%
Operating Profit (PBDIT) excl Other Income
30.86
42.55
-27.47%
Interest
1.69
1.00
69.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
16.67
27.24
-38.80%
Operating Profit Margin (Excl OI)
8.48%
12.02%
-3.54%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 2.85% vs 10.76% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -38.80% vs 542.45% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
472.39
440.93
7.13%
Operating Profit (PBDIT) excl Other Income
52.19
29.29
78.18%
Interest
1.34
1.66
-19.28%
Exceptional Items
0.00
0.00
Consolidate Net Profit
33.92
11.48
195.47%
Operating Profit Margin (Excl OI)
11.05%
6.64%
4.41%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 7.13% vs 43.50% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 195.47% vs -51.52% in Mar 2023

stock-summaryCompany CV
About Onward Technologies Ltd stock-summary
stock-summary
Onward Technologies Ltd
Micro Cap
IT - Software
Onward Technologies Limited was incorporated on July 18, 1991. The Company is a leading global player in Mechanical Engineering Design and IT Services. The Company is one of the India's leading engineering and IT services companies, providing integrated product development solutions and services to many of the Fortune 1000 companies. Onward Tech is a software outsourcing company specializing in Digital and ER&D services.
Company Coordinates stock-summary
Company Details
Sterling Center 2nd Floor, Dr A B Road Worli Mumbai Maharashtra : 400018
stock-summary
Tel: 91-22-2492-6570
stock-summary
info@onwardgroup.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai