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Earnings Call

Onward Technologies Earnings Call: Key Takeaways

Onward Technologies delivered record FY26 performance, transitioning from a mechanical to a digital AI-led engineering services model with double-digit growth.

Why this was an Alfa AlertEBITDA margin beat: Management guided ~11% at start of year, achieved 13.2% (a 20% beat over the guided target).
Highlights
Revenue growth10.5% YoY for FY26; 6.9% YoY for Q4.
MarginsMargins improved to 13.2%; aiming for high-teens in future.
Order bookSmall percentage of clients' R&D budgets currently captured.
Demand visibilityStrong; 95-98% of FY27 revenue committed from existing 75 clients.
Management confidenceHigh; citing strongest year in history and multi-year growth runway.

Growth

FY26 revenue hit INR 550cr (10.5% YoY); PAT grew 72.3% YoY. Q4 revenue reached record INR 139cr.

Outlook

Guided for sustained double-digit revenue/EBITDA growth in FY27; INR 25cr capex for labs over two years.

Risks

Slowdown in automotive sector caused 1% de-growth in transportation vertical; high client concentration (top 25 are 88%).

Source

Earnings Call filed with NSE, NSE: ONWARDTEC. Summary written with AI assistance from the document.

Read the document ↗

Onward Technologies Ltd: key numbers

Share price
₹287.65
Market cap
₹640.0 Cr
Revenue (annual)
₹543.9 Cr
Net profit (annual)
₹44.32 Cr
P/E (TTM)
15.0×Sector 22.1×
Promoter holding
39.97%+0.90% QoQ
FII holding
9.32%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Onward Technologies Bags ₹44.46 Cr Order from One of the world's leading manufacturers of construction and...

Onward Technologies renewed a ₹44.46 Crore Managed Digital Services contract with a global construction equipment maker. The three-year renewal carries a 72% value increase.

Value
₹44.46 Cr
From
One of the world's leading manufacturers of construction and mining equipment (unnamed)
Execution
August 2026 to August 2029 (3 years)
15:07 IST BSE
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Onward Technologies Promoter Buying

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