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Earnings Call Transcript

Onward Technologies Earnings Call Transcript: Key Takeaways

Onward Tech reported record Q1 FY27 revenue of INR 151.2 crore (up 11.5% YoY). Strategy focuses on offshore expansion and scaling digital engineering within existing strategic accounts.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth11.5% YoY growth; 8.7% sequential growth.
MarginsEBITDA margins improved 113 bps sequentially to 12.3%.
Order bookACV for FY27 exceeds total FY26 revenue; won INR 33cr contract.
Demand visibilityStrong; order book (ACV) for FY27 already crossed last year's revenue.
Management confidenceHigh; citing record revenues and strong sales funnel.

Growth

Revenue grew 8.7% sequentially; EBITDA rose 20% QoQ to INR 18.4 crore. PAT reached INR 11.2 crore, up 16.9% QoQ.

Outlook

Committed to double-digit annual revenue and EBITDA growth. New design centre opening in Pune August 2026.

Risks

Selective customer spending patterns and macroeconomic uncertainties in Europe and US remain key headwinds.

Last quarter's promises, checked

Delivered

  • Double-digit revenue growth → delivered 11.5% YoY (= BEAT)
  • Double-digit EBITDA growth → delivered 20% QoQ (= BEAT)
  • Dividend increase to INR 8/share → delivered INR 8/share (= BEAT)

Partly delivered

  • Open digital AI lab in Chennai → Pune center opening Aug 2026 (= PARTIAL)
Source

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

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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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Value
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From
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Execution
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