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Onward Technologies Ltd. Stock Analysis

Small Cap
Evaluated by 239 users | BSE: 517536 | NSE: ONWARDTEC |
IT - Software
Onward Technologies Ltd was incorporated as a Private Limited Company on July 18,1991 in the state of Maharashtra.Onward Technologies Ltd. (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products &...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 15.09%26.39%12.09%15.9%9.61%4.49%6.1%4.3%15.4%15.04%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 46.361.667.273.886.789.493107118122
Y-o-Y Gr. Rt.-33.2%9.1%9.9%17.4%3.1%4.1%14.6%10.9%3.3%
Adjusted EPS (Rs.) 2.816.882.914.82.830.811.630.96.345.83
Y-o-Y Gr. Rt.-144.8%-57.7%65%-41%-71.4%101.2%-44.8%604.4%-8%
Book Value per Share (Rs.) 14.2320.6823.5127.6328.5628.4430.2531.2436.6240.67
Adjusted Net Profit 3.79.346.84.11.22.51.4109.4
Net Op. Cash Flow (Rs. Cr.) 11.55.973.811.9-1.49.96.67.421.9
Debt to Cash Flow from Ops 1.293.032.164.841.21-13.471.712.812.370.31
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Onward Technologies Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 11.4%7.1%9.5%3.3%
Adjusted EPS 8.5%15.6%52.9%-8%
Book Value per Share 12.47.310.411.1
Share Price 5.9% -8.1% -22.4% -11.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 21.6839.3413.2618.8410.052.835.362.7817.7214.43
Operating Profit Margin (%) 16.9218.4514.3118.9314.5311.374.973.3513.515.43
Net Profit Margin (%) 8.0915.115.999.254.761.352.661.328.487.67
Debt to Equity 0.780.640.460.460.350.440.370.380.30.11
Working Capital Days 131130158170162186173127133146
Cash Conversion Cycle 2754645117-513303848
Entity Percentage Holding
Promoters 61.84%
Institutions 0.03%
Non-Institutions 38.13%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Onward Technologies Ltd.'s performance infers:

Onward Technologies Ltd. earnings have grown by 15.6%, whereas share price has depreciated -8.1% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Onward Technologies Ltd. share prices over the last 10 years. Here is what we found out:

Onward Technologies Ltd. share price has depreciated 5.8% annually over the past ten years.

Onward Technologies Ltd was incorporated as a Private Limited Company on July 18,1991 in the state of Maharashtra.

Onward Technologies Ltd. (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.

The company is headquartered in India with offices globally in USA, UK, Germany and Japan. Development centres are located at Mumbai and Pune, in India - the outsourcing

Onward Technologies Ltd was incorporated as a Private Limited Company on July 18,1991 in the state of Maharashtra.

Onward Technologies Ltd. (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.

The company is headquartered in India with offices globally in USA, UK, Germany and Japan. Development centres are located at Mumbai and Pune, in India - the outsourcing capital of the world. Through these development centres, the company is well positioned to offer customers the established benefits of off-shore outsourcing.

Onward employs over 800 people with over 4000 man-years of experience, in mechanical engineering design analysis, testing & simulation, Bespoke Software Application Development, Support & Maintenance and Software Product Development.

Onward's global clients include fortune 1000 companies in the IT Consultancy, Automotive, Agricultural, Heavy Engineering, Electrical Equipments and Aerospace Industry.

In India, Onward is one of the fastest growing Independent Engineering Design Services Company. Onward is one of the largest ISVs for banking software solutions with more than 3000 client-site installations. Onward plans to leverage it's deep domain and technology expertise in the engineering, IT & BFS sector in the International Market.

The company's stocks are publicly traded at the Bombay Stock Exchange, the premier stock exchange in India.

Services offered by the company:

  • Engineering Design Services- Onward Technologies Ltd. is one of the fastest growing engineering design service providers - it is a service partner to the manufacturing industry, with a range of engineering services. It is supporting manufacturing companies in engineering to create innovative products, reduce costs, shorten development cycles and bring products to the market faster.
  • IT Services- Software Development Services Unit strikes a perfect balance between domain knowledge (of BFSI) and software technology. They specialize in software technology based solutions and offer software services that are of international standards, lower competitive costs, and delivered on-time-every-time through their unique global delivery model.
  • Banking Products & Financial Services- Onward provides solutions for Retail Banking, Service Branches, Foreign Exchange/Trade Finance, Back Office, SWIFT Connectivity, e-banking, Tele-Banking, Mobile Banking, Government Accounts and customer centric solutions available with different delivery channels like Kiosks, Internet, ATM's, Mobiles.

Achievements/ recognition:

  • An ISO 9001-2000 certified company
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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