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Onward Tech delivered record revenue and margins, upgrading FY27 guidance on strong strategic client engagement.
Onward Technologies reported a strong Q2 FY27 with revenue of ₹171.2 crore and EBITDA growth of 33.7%. The company also secured a contract renewal worth ₹44.46 crore.
Onward Tech reported record Q2FY27 performance with revenue at ₹171.2 Cr, driven by strategic account expansion and AI-led digital engineering. Focus remains on delivery-led growth and offshore execution.
Onward Technologies Ltd reported revenue from operations of ₹170.2 Cr (+22.4% YoY) and net profit of ₹16.8 Cr (+41.2% YoY) for Q2 FY27.
Onward Technologies granted 38,000 ESOPs to employees under its 2024 scheme. The exercise price is set at 20% discount to the grant-date market price.
Onward Technologies will hold a board meeting on October 16, 2026, to consider and approve the standalone and consolidated financial results for the quarter and half-year.
Onward Technologies Limited filed a routine compliance certificate under Regulation 74(5) of SEBI (DP) Regulations for the quarter ended September 30, 2026.
Onward Technologies approved a Rs.13.10 Crore investment in its wholly-owned subsidiary, OT Park Private Limited. The capital will fund workplace infrastructure and facility consolidation initiatives.
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.
JHM Enterprises, a promoter group entity, acquired 25,000 Onward Technologies shares (0.11% of paid-up capital) from the open market. No change in control resulted.
Onward Technologies Limited allotted 6,500 equity shares following the exercise of options under its ESOP 2019 scheme. The allotment increases the company's total issued share capital.
Onward Technologies' promoter, Mrs. Prachi Mehta, acquired 30,127 equity shares (0.13% stake) from the open market.
Onward Technologies Limited received a ₹0.11 Crore penalty from the Income Tax Department for FY 2019-20. The company plans to appeal the order regarding expense disallowances.