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Earnings Call

Onward Technologies Earnings Call: Key Takeaways

Onward Technologies reported Q1 FY27 revenue of ₹151.2 Cr, up 11.5% YoY, driven by strategic account expansion and Digital Engineering. EBITDA margin improved sequentially to 12.3%.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth11.5% YoY in Q1 FY27
MarginsEBITDA margin up to 12.3% from 11.2% in Q4 FY26
Order bookWon ₹33 Cr ODC contract for a global power management company
Demand visibilityStrong outlook for FY27; global ER&D market growing at 8-9% CAGR
Management confidenceHigh, confident in creating long-term value via disciplined execution

Growth

Revenue grew 11.5% YoY and 8.7% QoQ. EBITDA increased 20% QoQ to ₹18.4 Cr. PAT grew 16.9% QoQ.

Outlook

Targeting double-digit revenue and EBITDA growth for FY27. Aiming for ₹30-40L revenue per employee.

Risks

Industry-wide performance volatility due to program ramp-ups and customer decision cycles; high concentration (87%) in top-25 clients.

Last quarter's promises, checked

Delivered

  • Guided double-digit revenue growth → delivered 11.5% YoY (= BEAT)
  • Guided double-digit EBITDA growth → delivered 20% QoQ (= BEAT)
  • Guided sustainable EBITDA margins → delivered 12.3% vs 11.2% previous (= BEAT)

Partly delivered

  • Guided revenue per employee ₹30-40L → current ₹22L (= PARTIAL)
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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