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INVESTMENT INSIGHTS

Check Before You Invest : Onward Technologies Ltd

BSE: 517536 NSE: ONWARDTEC ISIN: INE229A01017
  |   Sector:  IT & ITES   |   Industry:  IT - Software

Snapshot

Q.1 Which industry/sub-sector does Onward Technologies Ltd belong to?
Onward Technologies Ltd belongs to the IT & ITES sector, operating specifically within the IT - Software segment.
Q.2 Is Onward Technologies Ltd a good quality company?
Onward Technologies Ltd is a average quality company, based on a somewhat consistent 10 year financial track record.
Q.3 Is Onward Technologies Ltd undervalued or overvalued?
Onward Technologies Ltd appears Fair, as its key valuation ratios are in line with their past averages.
Q.4 Is Onward Technologies Ltd a good buy now?
Onward Technologies Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Onward Technologies Ltd?
Onward Technologies Ltd revenue growth is 10.2% for FY-2025 , which is below its 5 year CAGR of 16.1% , indicating slower growth.
Q.2 Gross Profit margin of Onward Technologies Ltd?
Onward Technologies Ltd Gross profit margin which is the profit after deduction of direct costs, is 12.2% for FY-2025 , which is in line with its 5 year median of 12.2% , indicating stable margins.
Q.3 Operating Profit Margin of Onward Technologies Ltd?
Onward Technologies Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 9.99% for FY-2025 , which is in line with its 5 year median of 9.99% indicating stable margins.
Q.4 Net Profit Margin of Onward Technologies Ltd?
Onward Technologies Ltd Net Profit Margin is 6.4% for FY-2025 , is in line with with its 5 year median of 6.4%, indicating stable margins.
Current Level Historic Median
Gross Profit Margin 12.2 12.2
Operating Profit Margin 9.99 9.99
Net Profit Margin 6.4 6.4
Q.5 Return on Asset of Onward Technologies Ltd?
Onward Technologies Ltd Return on Asset is 8.62(x), which is in line with its 5 year historical median of 8.62(x), indicating stable asset utilization efficiency.
Q.6 Return on Equity (ROE) of Onward Technologies Ltd?
Onward Technologies Ltd Return on equity is 12.91% for FY-2025 , which is in line with its historical median of 12.91%, indicating the business is making similar use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Onward Technologies Ltd?
Onward Technologies Ltd Return on capital employed is 18.33% for FY-2025 , which is above its estimated weighted average cost of capital(WACC) 14%, indicating value creation.
Q.8 Cash conversion cycle of Onward Technologies Ltd?
Onward Technologies Ltd Cash conversion cycle is 54 , above its historical median of 54 , indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.35 1.41
ROE 12.91 12.91
ROCE 18.33 18.33
Cash Conversion Cycle 54 54
Q.9 Debt to Equity ratio of Onward Technologies Ltd?
Onward Technologies Ltd Debt-to-Equity ratio is 0.00 , which is lower with the industry average of 0.01 , indicating lower debt levels in the industry.
Q.10 Debt to cash flow from operations of Onward Technologies Ltd?
Onward Technologies Ltd Debt to cash flow from operations is 0 , which is at a healthy level, indicating the business is able to service its debt comfortably.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Onward Technologies Ltd?
Promoters hold 39.09% of the Onward Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Onward Technologies Ltd vs industry peers?
Onward Technologies Ltd revenue CAGR is 16.11% , compared to the industry median CAGR of 2.48% , indicating faster growth and gaining its market share.
Profit Metrics
Current Level Industry Median
Revenue 381.1 23.6
Gross Profit 46.5 1.9
Operating Profit 38 1.2
Net Profit 24 0.8
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.35 0.45
ROE 12.91 4.09
ROCE 18.33 6.4
Cash Conversion Cycle 53.9 36

Valuation & price assessment

Q.1 Stock return of Onward Technologies Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12.9% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price 12.9% 17% -8.8% 9.2%
Q.3 Valuation ratios of Onward Technologies Ltd vs historical?
The current P/E is lower that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 18.84 40.68 22.96
Price to Book 2.75 1.77 2.61
Price to Sales 1.39 0.73 4.40
EV to EBITDA 8.39 6.08 17.20

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