Onward Technologies Share PriceOnward Technologies

₹554.1
-6.45 (-1.15%)
As on 01 October, 2023 | 09:53 BSE: 517536 NSE: ONWARDTECISIN: INE229A01017

Onward Technologies Performance

Day Range

  • Low 551
  • High 561
554.1

52 Week Range

  • Low 241.15
  • High 663
554.1
  • Open Price559.05
  • Previous Close560.55
  • Volume21242

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Onward Technologies Share Price

  • Over 1 Month -3.01%
  • Over 3 Month 6.73%
  • Over 6 Month 93%
  • Over 1 Year 124.2%

Onward Technologies Key Statistics

P/E Ratio 58.6
PEG Ratio 1.4
Market Cap Cr 1,243
Price to Book Ratio 7.1
EPS 7.1
Dividend 0.5
Relative Strength Index 43.21
Money Flow Index 30.45
MACD Signal -1.57
Average True Range 24.59

Onward Technologies Investment Rating

  • Master Rating:
  • Onward Technologies(Nse) has an operating revenue of Rs. 466.88 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 6% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 32% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -12% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 85 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 141 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Onward Technologies Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 848881776967
Operating Expenses Qtr Cr 737675736560
Operating Profit Qtr Cr 11127347
Depreciation Qtr Cr 333333
Interest Qtr Cr 000000
Tax Qtr Cr 231112
Net Profit Qtr Cr 794134
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 325240
Operating Expenses Annual Cr 289217
Operating Profit Annual in Cr 2718
Depreciation Cr 139
Interest Annual Cr 21
Tax Annual Cr 54
Net Profit Annual Cr 169
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 44
Cash from Investing Activity Annual Cr 5-34
Cash from Financing Annual Activity Cr -1557
Net Cash Flow Annual Cr -628
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 161148
Fixed Assets Annual Cr 3538
Total Non Current Assets Annual Cr 9194
Total Current Assets Annual Cr 128120
Total Assets Annual Cr 218214
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 7267
ROE Annual % 106
ROCE Annual % 149
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1110
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1201211161109487
Operating Expenses Qtr Cr 1051071091079181
Operating Profit Qtr Cr 14147336
Depreciation Qtr Cr 333333
Interest Qtr Cr 000000
Tax Qtr Cr 351002
Net Profit Qtr Cr 1172113
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 446329
Operating Expenses Annual Cr 414286
Operating Profit Annual in Cr 2721
Depreciation Cr 1310
Interest Annual Cr 21
Tax Annual Cr 78
Net Profit Annual Cr 1124
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 6-4
Cash from Investing Activity Annual Cr 6-32
Cash from Financing Annual Activity Cr -1457
Net Cash Flow Annual Cr -221
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 174163
Fixed Assets Annual Cr 5457
Total Non Current Assets Annual Cr 7681
Total Current Assets Annual Cr 166148
Total Assets Annual Cr 242229
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 7874
ROE Annual % 715
ROCE Annual % 1118
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 714

Onward Technologies Technicals

EMA & SMA

Current Price
₹554.1
-6.45 (-1.15%)
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹570.47
  • 50 Day
  • ₹561.83
  • 100 Day
  • ₹519.66
  • 200 Day
  • ₹451.74
  • 20 Day
  • ₹581.6
  • 50 Day
  • ₹574.41
  • 100 Day
  • ₹527.18
  • 200 Day
  • ₹416.78

Onward Technologies Resistance and Support

PIVOT
₹555.37
Resistance
First Resistance ₹559.74
Second Resistance ₹565.37
Third Resistance ₹569.74
RSI 43.21
MFI 30.45
MACD Single Line -1.57
MACD -5.77
Support
First Resistance ₹549.74
Second Resistance ₹545.37
Third Resistance ₹539.74

Onward Technologies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 23,270 1,126,035 48.39
Week 50,023 2,240,048 44.78
1 Month 124,320 4,252,973 34.21
6 Month 165,809 4,354,142 26.26

Onward Technologies Result Highlights

Onward Technologies Synopsis

NSE-Computer-Tech Services

Onward Technolog is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs. 315.17 Cr. and Equity Capital is Rs. 22.31 Cr. for the Year ended 31/03/2023. Onward Technologies Ltd. is a Public Limited Listed company incorporated on 18/07/1991 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28920MH1991PLC062542 and registration number is 062542.
Market Cap 1,243
Sales 331
Shares in Float 1.23
No of funds 12
Yield 0.54
Book Value 7.66
U/D Vol ratio 0.9
LTDebt / Equity
Alpha 0.31
Beta 1.32

Onward Technologies

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 45.07%45.21%45.43%45.52%
Mutual Funds 0.02%0.02%0.02%0.02%
Foreign Portfolio Investors 0.06%0.01%24.38%
Financial Institutions/ Banks
Individual Investors 24.36%24.28%24.17%24.73%
Others 30.49%30.49%30.37%5.35%

Onward Technologies Management

Name Designation
Mr. Harish Mehta Founder & Executive Chairman
Mr. Jigar Mehta Managing Director
Mr. Parish Meghani Director
Mr. Rahul Rathi Director
Ms. Subrata Kumar Mitra Director
Mr. Jay Sonawala Director
Mr. Harsha Raghavan Director
Ms. Niranjani Chandramouli Director

Onward Technologies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Onward Technologies Corporate Action

Date Purpose Remarks
2023-07-17 Quarterly Results
2023-05-12 Audited Results & Final Dividend
2023-01-20 Quarterly Results
2022-10-21 Quarterly Results
2022-07-18 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Onward Technologies FAQs

What is Share Price of Onward Technologies ?

Onward Technologies share price is ₹554 As on 01 October, 2023 | 09:39

What is the Market Cap of Onward Technologies ?

The Market Cap of Onward Technologies is ₹1242.8 Cr As on 01 October, 2023 | 09:39

What is the P/E ratio of Onward Technologies ?

The P/E ratio of Onward Technologies is 58.6 As on 01 October, 2023 | 09:39

What is the PB ratio of Onward Technologies ?

The PB ratio of Onward Technologies is 7.1 As on 01 October, 2023 | 09:39

Q2FY23