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Onward Technologies share price

Onward Technologies Ltd.

NSE: ONWARDTEC BSE: 517536 SECTOR: IT - Software  45k   207   14

463.30
+3.65 (0.79%)
BSE: 26 Jul 04:01 PM

Price Summary

Today's High

₹ 474.05

Today's Low

₹ 455.1

52 Week High

₹ 738.95

52 Week Low

₹ 335.4

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1047.2 Cr.

Enterprise Value

1025.49 Cr.

No. of Shares

2.26 Cr.

P/E

36.48

P/B

5.57

Face Value

₹ 10

Div. Yield

1.09 %

Book Value (TTM)

₹  83.25

CASH

21.72 Cr.

DEBT

0 Cr.

Promoter Holding

38.02 %

EPS (TTM)

₹  12.7

Sales Growth

9.77%

ROE

16.42 %

ROCE

22.15%

Profit Growth

70.2 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year9.77%
3 Year26.07%
5 Year23.96%

Profit Growth

1 Year70.2%
3 Year29.85%
5 Year24.29%

ROE%

1 Year16.42%
3 Year11.94%
5 Year12.95%

ROCE %

1 Year22.15%
3 Year16.6%
5 Year18.18%

Debt/Equity

0

Price to Cash Flow

15.63

Interest Cover Ratio

26.8485

CFO/PAT (5 Yr. Avg.)

1.83949715117663

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 38.02 0
Mar 2024 38.12 0
Dec 2023 38.15 0
Sep 2023 44.96 0
Jun 2023 45.07 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The Company is Virtually Debt Free.
  • The company has delivered average Profit Growth of 29.8462596658741% in last 3 years.
  • PEG ratio is 0.531854961709034%.
  • The company has delivered good Income growth over the past 3 years of 26.0671688339032%.
  • The company has effective cash conversion ratio of 241.564674912553.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 84.49 87.09 85.19 89.18 89.55
Total Expenditure 73.28 75.37 76.66 80.67 77.97
Operating Profit 11.21 11.72 8.53 8.52 11.58
Other Income 1.22 2.51 4.57 3.31 2.67
Interest 0.34 0.31 0.28 0.51 0.65
Depreciation 3.2 3.2 3.25 3.25 3.41
Exceptional Items 0 0 0 0 0
Profit Before Tax 8.89 10.72 9.57 8.07 10.19
Tax 2.26 2.72 2.49 2.04 2.58
Profit After Tax 6.63 7.99 7.08 6.02 7.61
Adjusted EPS (Rs) 2.97 3.56 3.15 2.67 3.37

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 180.56 172.67 234.4 315.17 345.95
Total Expenditure 166.03 153.06 216.76 286.77 304.65
Operating Profit 14.53 19.61 17.64 28.39 41.31
Other Income 6.52 8.46 5.6 7.7 10.28
Interest 3.29 2.08 1.01 1.66 1.44
Depreciation 10.19 9.28 9.21 12.7 12.9
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.56 16.71 13.02 21.73 37.25
Provision for Tax 2.15 4.04 3.69 5.44 9.52
Net Profit 5.42 12.67 9.32 16.29 27.73
Adjusted EPS (Rs.) 3.38 7.75 4.23 7.3 12.31

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 16.04 16.34 22.02 22.31 22.52
Total Reserves 45.47 57.31 126.15 138.99 165.03
Borrowings 0 0.6 0.5 0.4 0
Other N/C liabilities 13.77 11.4 15.35 12.02 29.64
Current liabilities 43.4 32.87 50.97 47.75 50.95
Total Liabilities 118.68 118.52 214.99 221.46 268.14
Assets
Net Block 25.63 28.55 38.12 34.8 43.82
Capital WIP 0 0 0 0 0
Intangible WIP 0 0.08 0 0 0.64
Investments 12.14 12.14 32.02 33.25 33.25
Loans & Advances 25.86 17.04 22.78 23.89 20.98
Other N/C Assets 0.11 0.54 1.67 1.92 11.98
Current Assets 54.95 60.18 120.4 127.61 157.47
Total Assets 118.68 118.52 214.99 221.46 268.14
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 7.56 16.71 13.02 21.73 37.25
Adjustment 13.48 9.63 10.73 14.36 13.2
Changes in Assets & Liabilities 14.37 -4.2 -10.33 -29.12 17.91
Tax Paid -5.69 4.55 -9.33 -3.04 -1.36
Operating Cash Flow 29.72 26.68 4.08 3.93 66.99
Investing Cash Flow -3 -7.73 -33.54 5.24 -62.39
Financing Cash Flow -21.68 -14.57 57.03 -15.12 -16.67
Net Cash Flow 5.04 4.38 27.58 -5.95 -12.07

Corporate Actions

Investors Details

PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
promoters 45.07 44.96 38.15 38.12 38.02
harish shantilal mehta 0.97 0.97 0.96 0.96 0.96
heral harish mehta 1.09 1.08 1.08 1.08 1.08
jhm enterprises private l... - - - - 33.65
jigar harish mehta 2.58 2.57 1.67 1.67 1.67
prachi mehta 0.67 0.67 0.67 0.67 0.66
jhm enterprises private l... - 39.67 - 33.74 -
jhm enterprises pvt ltd (... - - 33.77 - -
onward software technolog... 39.77 - - - -
PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 54.93 55.04 61.85 61.88 61.98
icici prudential technolo... - - - 1.97 1.96
infinity direct holdings 24.14 24.08 17.33 17.32 17.27
kotak mahindra life insur... - - - 3.34 3.33
llp 0.89 0.94 0.77 0.51 0.33
parish arun meghani 1.41 1.41 1.40 1.40 1.40
whiteoak capital flexi ca... - - 2.13 2.13 2.10
jainam broking limited - - 2.29 1.03 -
kotak mahindra life insur... - - 2.94 - -
nishid babulal shah - 1.05 1.00 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Onward Technologies informs about press release 20 Jul 2024, 3:22PM Onward Technologies - Quaterly Results19 Jul 2024, 2:09PM Onward Technologies - Quaterly Results19 Jul 2024, 2:09PM Onward Technologies - Quaterly Results19 Jul 2024, 2:09PM Onward Technologies informs about confirmation certificate11 Jul 2024, 12:31PM Onward Technologies informs about press release26 Jun 2024, 3:46PM Onward Technologies - Quaterly Results17 May 2024, 2:28PM Onward Technologies - Quaterly Results17 May 2024, 2:28PM Onward Technologies - Quaterly Results17 May 2024, 2:28PM Onward Technologies - Quaterly Results19 Jan 2024, 1:46PM Onward Technologies - Quaterly Results19 Jan 2024, 1:46PM Onward Technologies - Quaterly Results19 Jan 2024, 1:46PM Onward Technologies informs about closure of trading window22 Dec 2023, 4:29PM Onward Technologies - Quaterly Results20 Oct 2023, 3:09PM Onward Technologies - Quaterly Results20 Oct 2023, 3:09PM Onward Technologies - Quaterly Results20 Oct 2023, 3:09PM Onward Technologies informs about analyst meet12 Oct 2023, 4:59PM Onward Technologies submits board meeting intimation 12 Oct 2023, 4:37PM Onward Technologies informs about details of loss of certificate19 Aug 2023, 2:05PM Onward Technologies informs about issue of duplicate share certificate14 Aug 2023, 2:51PM Onward Technologies informs about allotment of equity shares under ESOP8 Aug 2023, 2:48PM Onward Technologies informs about newspaper publication19 Jul 2023, 11:49AM Onward Technologies informs about audio recording of conference call 18 Jul 2023, 12:22PM Onward Technologies - Quaterly Results17 Jul 2023, 1:44PM Onward Technologies - Quaterly Results17 Jul 2023, 1:44PM Onward Technologies - Quaterly Results17 Jul 2023, 1:44PM Onward Technologies informs about press release23 Jun 2023, 4:34PM Onward Technologies informs about newspaper advertisement23 Jun 2023, 2:02PM Onward Technologies informs about resignation of CS cum CO16 Jun 2023, 4:33PM Onward Technologies informs about resignation of CS cum CO16 Jun 2023, 2:15PM Onward Technologies - Quaterly Results12 May 2023, 1:56PM Onward Technologies - Quaterly Results12 May 2023, 1:56PM Onward Technologies - Quaterly Results12 May 2023, 1:56PM Onward Technologies informs about loss of share certificate2 May 2023, 2:28PM Onward Technologies informs about allotment of equity shares 17 Apr 2023, 5:05PM Onward Technologies informs about disclosure29 Mar 2023, 4:28PM Onward Technologies informs about disclosure29 Mar 2023, 1:40PM Onward Technologies - Quaterly Results20 Jan 2023, 1:44PM Onward Technologies - Quaterly Results20 Jan 2023, 1:44PM Onward Technologies - Quaterly Results20 Jan 2023, 1:44PM Onward Technologies informs about board meeting intimation13 Jan 2023, 4:54PM Onward Technologies informs about resignation of CFO3 Dec 2022, 2:34PM Onward Technologies informs about newspapers publication 22 Oct 2022, 12:02PM Onward Technologies informs about outcome of board meeting 21 Oct 2022, 2:16PM Onward Technologies - Quaterly Results21 Oct 2022, 1:19PM Onward Technologies - Quaterly Results21 Oct 2022, 1:19PM Onward Technologies - Quaterly Results21 Oct 2022, 1:19PM Onward Technologies informs about voting for AGM20 Jul 2022, 12:42PM Onward Technologies reports 88% fall in Q1 consolidated net profit18 Jul 2022, 3:41PM Onward Technologies - Quaterly Results18 Jul 2022, 12:53PM

Onward Technologies Stock Price Analysis and Quick Research Report. Is Onward Technologies an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

An easier way to determine a company's performance is to examine its financial ratios, which can help to make sense of the overwhelming amount of information in its financial statements. 

Onward Technologies stock price today is Rs 460.1. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Onward Technologies . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Onward Technologies has a PE ratio of 36.2246384228386 which is high and comparatively overvalued .

  • Share Price: - The current share price of Onward Technologies is Rs 460.1. One can use valuation calculators of ticker to know if Onward Technologies share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Onward Technologies has ROA of 11.3281 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Onward Technologies has a Current ratio of 3.0906 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Onward Technologies has a ROE of 16.4234 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Onward Technologies has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Onward Technologies has reported revenue growth of 9.7684 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Onward Technologies for the current financial year is 11.9395465266858 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Onward Technologies is Rs 5 and the yield is 1.0874 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Onward Technologies is Rs 12.7013 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Onward Technologies in Ticker for free. Also, one can get the Intrinsic Value of Onward Technologies by using Valuation Calculators available with Finology ONE subscription. 

Last Updated on:
Brief about Onward Technologies
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