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Onward Technologies share price

Onward Technologies Ltd.

NSE: ONWARDTEC BSE: 517536 SECTOR: IT - Software  42k   206   14

408.50
+7.35 (1.83%)
BSE: 12 Jun 04:01 PM

Price Summary

Today's High

₹ 414.9

Today's Low

₹ 401.6

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

922.36 Cr.

Enterprise Value

889.12 Cr.

No. of Shares

2.26 Cr.

P/E

33.26

P/B

4.92

Face Value

₹ 10

Div. Yield

1.22 %

Book Value (TTM)

₹  83.09

CASH

33.75 Cr.

DEBT

0.51 Cr.

Promoter Holding

38.12 %

EPS (TTM)

₹  12.28

Sales Growth

34.46%

ROE

10.77 %

ROCE

15.06%

Profit Growth

74.73 %

* 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 Year34.46%
3 Year20.4%
5 Year24.21%

Profit Growth

1 Year74.73%
3 Year44.35%
5 Year49.23%

ROE%

1 Year10.77%
3 Year13%
5 Year13.18%

ROCE %

1 Year15.06%
3 Year17.99%
5 Year17.83%

Debt/Equity

0.0032

Price to Cash Flow

234.86

Interest Cover Ratio

14.1192

CFO/PAT (5 Yr. Avg.)

1.35280535020225

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 38.12 0
Dec 2023 38.15 0
Sep 2023 44.96 0
Jun 2023 45.07 0
Mar 2023 45.21 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 44.3482096116109% in last 3 years.
  • PEG ratio is 0.458791166483588%.
  • The company has delivered good Income growth over the past 3 years of 20.4034900873213%.

 Limitations

  • Promoter holding has decreased by 0% YoY.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 88.02 84.49 87.09 85.19 89.18
Total Expenditure 74.84 73.28 75.37 76.66 80.67
Operating Profit 13.19 11.21 11.72 8.53 8.52
Other Income 2.1 1.22 2.51 4.57 3.31
Interest 0.39 0.34 0.31 0.28 0.51
Depreciation 3.21 3.2 3.2 3.25 3.25
Exceptional Items 0 0 0 0 0
Profit Before Tax 11.69 8.89 10.72 9.57 8.07
Tax 2.98 2.26 2.72 2.49 2.04
Profit After Tax 8.71 6.63 7.99 7.08 6.02
Adjusted EPS (Rs) 3.91 2.97 3.56 3.15 2.67

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 118.19 180.56 172.67 234.4 315.17
Total Expenditure 103.18 166.03 153.06 216.76 288.52
Operating Profit 15.01 14.53 19.61 17.64 26.64
Other Income 5.02 6.52 8.46 5.6 9.45
Interest 2.07 3.29 2.08 1.01 1.66
Depreciation 4.81 10.19 9.28 9.21 12.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 13.14 7.56 16.71 13.02 21.73
Provision for Tax 3.79 2.15 4.04 3.69 5.44
Net Profit 9.35 5.42 12.67 9.32 16.29
Adjusted EPS (Rs.) 5.92 3.38 7.75 4.23 7.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 15.8 16.04 16.34 22.02 22.31
Total Reserves 45.39 45.47 57.31 126.15 138.99
Borrowings 0.07 0 0.6 0.5 0.4
Other N/C liabilities 6.03 13.77 11.4 15.35 12.02
Current liabilities 34.65 43.4 32.87 50.97 47.75
Total Liabilities 101.93 118.68 118.52 214.99 221.46
Assets
Net Block 13.03 25.63 28.55 38.12 34.8
Capital WIP 0 0 0 0 0
Intangible WIP 0.18 0 0.08 0 0
Investments 38.83 12.14 12.14 32.02 33.25
Loans & Advances 16.59 25.86 17.04 22.78 23.89
Other N/C Assets 0.36 0.11 0.54 1.67 1.92
Current Assets 32.95 54.95 60.18 120.4 127.61
Total Assets 101.93 118.68 118.52 214.99 221.46
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 13.14 7.56 16.71 13.02 21.73
Adjustment 6.89 13.48 9.63 10.73 14.36
Changes in Assets & Liabilities -8.21 14.37 -4.2 -10.33 -29.12
Tax Paid -4.46 -5.69 4.55 -9.33 -3.04
Operating Cash Flow 7.36 29.72 26.68 4.08 3.93
Investing Cash Flow -2.7 -3 -7.73 -33.54 5.24
Financing Cash Flow -4.32 -21.68 -14.57 57.03 -15.12
Net Cash Flow 0.33 5.04 4.38 27.58 -5.95

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 45.21 45.07 44.96 38.15 38.12
harish shantilal mehta 0.97 0.97 0.97 0.96 0.96
heral harish mehta 1.09 1.09 1.08 1.08 1.08
jhm enterprises private l... - - 39.67 - 33.74
jigar harish mehta 2.58 2.58 2.57 1.67 1.67
prachi mehta 0.67 0.67 0.67 0.67 0.67
jhm enterprises pvt ltd (... - - - 33.77 -
onward software technolog... 39.89 39.77 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 54.79 54.93 55.04 61.85 61.88
icici prudential technolo... - - - - 1.97
infinity direct holdings 24.21 24.14 24.08 17.33 17.32
jainam broking limited - - - 2.29 1.03
kotak mahindra life insur... - - - - 3.34
llp - 0.89 0.94 0.77 0.51
parish arun meghani 1.43 1.41 1.41 1.40 1.40
whiteoak capital flexi ca... - - - 2.13 2.13
kotak mahindra life insur... - - - 2.94 -
nishid babulal shah - - 1.05 1.00 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 - Quaterly Results18 Jul 2022, 12:53PM Onward Technologies - Quaterly Results18 Jul 2022, 12:53PM Onward Technologies informs about earnings call transcript18 May 2022, 5:12PM Onward Technologies informs about disclosure17 May 2022, 5:04PM Onward Technologies - Quaterly Results13 May 2022, 2:21PM Onward Technologies - Quaterly Results13 May 2022, 2:21PM

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 403.8. 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 32.8795231736312 which is high and comparatively overvalued .

  • Share Price: - The current share price of Onward Technologies is Rs 403.8. 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 7.4662 % 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 2.6728 .

  • 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 10.7672 % .(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 0.0032 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Onward Technologies has reported revenue growth of 34.4591 % which is fair 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 8.45305353950657 %.

  • 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 3 and the yield is 1.2362 %.

  • 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 12.2812 . 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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