Onward Technologies Limited Logo

Onward Technologies Limited

ONWARDTEC.NS

(2.2)
Stock Price

426,60 INR

12.13% ROA

25.63% ROE

47.31x PER

Market Cap.

14.320.145.520,00 INR

7.73% DER

0.47% Yield

7.25% NPM

Onward Technologies Limited Stock Analysis

Onward Technologies Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Onward Technologies Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (8%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 ROE

The stock's ROE falls within an average range (13.18%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (8.24%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (23.531), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 PBV

The stock's elevated P/BV ratio (6.56x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

10 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Onward Technologies Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Onward Technologies Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Onward Technologies Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Onward Technologies Limited Revenue
Year Revenue Growth
2008 889.829.105
2009 842.522.493 -5.61%
2010 1.031.911.578 18.35%
2011 1.305.367.482 20.95%
2012 1.460.371.709 10.61%
2013 1.669.559.056 12.53%
2014 1.893.002.693 11.8%
2015 1.977.298.043 4.26%
2016 2.237.307.541 11.62%
2017 2.444.602.000 8.48%
2018 2.594.989.000 5.8%
2019 2.675.827.000 3.02%
2020 2.403.666.000 -11.32%
2021 3.072.687.000 21.77%
2022 4.409.283.000 30.31%
2023 4.809.508.000 8.32%
2023 4.723.917.000 -1.81%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Onward Technologies Limited Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Onward Technologies Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 68.544.027 100%
2013 85.419.951 19.76%
2014 55.297.503 -54.47%
2015 247.151.616 77.63%
2016 35.500.427 -596.19%
2017 154.501.000 77.02%
2018 160.997.000 4.03%
2019 144.047.000 -11.77%
2020 171.067.000 15.79%
2021 256.484.000 33.3%
2022 114.350.000 -124.3%
2023 0 0%
2023 83.849.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Onward Technologies Limited EBITDA
Year EBITDA Growth
2008 -51.688.750
2009 40.088.843 228.94%
2010 119.051.053 66.33%
2011 128.762.839 7.54%
2012 133.922.551 3.85%
2013 87.390.114 -53.25%
2014 127.724.073 31.58%
2015 147.875.519 13.63%
2016 147.535.295 -0.23%
2017 165.379.000 10.79%
2018 242.176.000 31.71%
2019 247.664.000 2.22%
2020 223.614.000 -10.76%
2021 283.892.000 21.23%
2022 326.773.000 13.12%
2023 657.532.000 50.3%
2023 522.001.000 -25.96%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Onward Technologies Limited Gross Profit
Year Gross Profit Growth
2008 879.841.937
2009 825.443.064 -6.59%
2010 1.012.315.221 18.46%
2011 1.285.193.530 21.23%
2012 373.139.058 -244.43%
2013 377.946.198 1.27%
2014 489.964.271 22.86%
2015 499.623.092 1.93%
2016 564.401.733 11.48%
2017 549.183.000 -2.77%
2018 663.903.000 17.28%
2019 561.573.000 -18.22%
2020 559.076.000 -0.45%
2021 770.087.000 27.4%
2022 878.378.000 12.33%
2023 1.186.140.000 25.95%
2023 392.255.000 -202.39%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Onward Technologies Limited Net Profit
Year Net Profit Growth
2008 -129.668.391
2009 -27.520.209 -371.18%
2010 49.962.199 155.08%
2011 65.094.101 23.25%
2012 53.323.891 -22.07%
2013 752.696 -6984.39%
2014 29.056.277 97.41%
2015 31.861.251 8.8%
2016 53.113.956 40.01%
2017 67.162.000 20.92%
2018 101.341.000 33.73%
2019 62.377.000 -62.47%
2020 73.379.000 14.99%
2021 236.840.000 69.02%
2022 114.801.000 -106.3%
2023 382.792.000 70.01%
2023 339.177.000 -12.86%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Onward Technologies Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 -10
2009 -2 -350%
2010 4 166.67%
2011 5 25%
2012 4 -33.33%
2013 0 0%
2014 2 100%
2015 2 0%
2016 3 0%
2017 4 50%
2018 6 33.33%
2019 4 -100%
2020 5 25%
2021 13 66.67%
2022 5 -140%
2023 17 70.59%
2023 15 -13.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Onward Technologies Limited Free Cashflow
Year Free Cashflow Growth
2008 14.187.303
2009 40.043.824 64.57%
2010 21.777.092 -83.88%
2011 -2.884.904 854.86%
2012 6.223.760 146.35%
2013 -12.264.451 150.75%
2014 94.912.278 112.92%
2015 60.866.835 -55.93%
2016 13.804.305 -340.93%
2017 114.509.000 87.94%
2018 55.614.000 -105.9%
2019 263.862.000 78.92%
2020 196.003.000 -34.62%
2021 -262.840.000 174.57%
2022 -14.549.000 -1706.58%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Onward Technologies Limited Operating Cashflow
Year Operating Cashflow Growth
2008 104.060.025
2009 46.358.837 -124.47%
2010 47.762.437 2.94%
2011 26.154.439 -82.62%
2012 31.080.031 15.85%
2013 34.400.920 9.65%
2014 156.949.061 78.08%
2015 91.056.554 -72.36%
2016 128.353.017 29.06%
2017 164.361.000 21.91%
2018 105.784.000 -55.37%
2019 287.657.000 63.23%
2020 329.624.000 12.73%
2021 -39.290.000 938.95%
2022 57.460.000 168.38%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Onward Technologies Limited Capital Expenditure
Year Capital Expenditure Growth
2008 89.872.722
2009 6.315.013 -1323.16%
2010 25.985.345 75.7%
2011 29.039.343 10.52%
2012 24.856.271 -16.83%
2013 46.665.371 46.74%
2014 62.036.783 24.78%
2015 30.189.719 -105.49%
2016 114.548.712 73.64%
2017 49.852.000 -129.78%
2018 50.170.000 0.63%
2019 23.795.000 -110.84%
2020 133.621.000 82.19%
2021 223.550.000 40.23%
2022 72.009.000 -210.45%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Onward Technologies Limited Equity
Year Equity Growth
2008 237.948.063
2009 212.259.410 -12.1%
2010 102.454.430 -107.17%
2011 180.065.339 43.1%
2012 233.029.337 22.73%
2013 263.337.974 11.51%
2014 317.624.013 17.09%
2015 359.330.438 11.61%
2016 427.383.404 15.92%
2017 498.011.000 14.18%
2018 610.197.000 18.39%
2019 680.694.000 10.36%
2020 744.813.000 8.61%
2021 1.632.106.000 54.36%
2022 1.738.683.000 6.13%
2023 1.902.992.000 8.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Onward Technologies Limited Assets
Year Assets Growth
2008 724.479.234
2009 643.647.909 -12.56%
2010 587.234.041 -9.61%
2011 704.792.956 16.68%
2012 796.169.502 11.48%
2013 858.407.662 7.25%
2014 883.205.690 2.81%
2015 906.943.465 2.62%
2016 1.005.505.375 9.8%
2017 1.007.470.000 0.2%
2018 1.066.640.000 5.55%
2019 1.361.347.000 21.65%
2020 1.376.815.000 1.12%
2021 2.294.415.000 39.99%
2022 2.422.523.000 5.29%
2023 2.514.969.000 3.68%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Onward Technologies Limited Liabilities
Year Liabilities Growth
2008 486.531.171
2009 431.388.499 -12.78%
2010 484.779.611 11.01%
2011 524.727.617 7.61%
2012 563.140.165 6.82%
2013 595.069.688 5.37%
2014 565.581.677 -5.21%
2015 547.613.027 -3.28%
2016 578.121.971 5.28%
2017 509.459.000 -13.48%
2018 456.443.000 -11.62%
2019 680.653.000 32.94%
2020 632.002.000 -7.7%
2021 662.309.000 4.58%
2022 683.840.000 3.15%
2023 611.977.000 -11.74%

Onward Technologies Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
212.84
Net Income per Share
13.45
Price to Earning Ratio
47.31x
Price To Sales Ratio
3x
POCF Ratio
378.52
PFCF Ratio
380.05
Price to Book Ratio
7.49
EV to Sales
2.98
EV Over EBITDA
24.96
EV to Operating CashFlow
377.79
EV to FreeCashFlow
377.79
Earnings Yield
0.02
FreeCashFlow Yield
0
Market Cap
14,32 Bil.
Enterprise Value
14,24 Bil.
Graham Number
160.31
Graham NetNet
-1.03

Income Statement Metrics

Net Income per Share
13.45
Income Quality
0.12
ROE
0.17
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.71
EBT Per Ebit
1.03
Ebit per Revenue
0.1
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.24
Operating Profit Margin
0.1
Pretax Profit Margin
0.1
Net Profit Margin
0.07

Dividends

Dividend Yield
0
Dividend Yield %
0.47
Payout Ratio
0
Dividend Per Share
3

Operating Metrics

Operating Cashflow per Share
1.68
Free CashFlow per Share
1.68
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
0
Days Payables Outstanding
8.6
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
42.45
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
26,28
Book Value per Share
84,91
Tangible Book Value per Share
84.91
Shareholders Equity per Share
84.91
Interest Debt per Share
7.24
Debt to Equity
0.08
Debt to Assets
0.06
Net Debt to EBITDA
-0.15
Current Ratio
3.63
Tangible Asset Value
1,87 Bil.
Net Current Asset Value
1,11 Bil.
Invested Capital
0.08
Working Capital
1,25 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
0,04 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Onward Technologies Limited Dividends
Year Dividends Growth
2016 1
2017 1 0%
2018 1 0%
2019 2 0%
2020 2 0%
2021 3 66.67%
2022 3 0%
2023 3 0%

Onward Technologies Limited Profile

About Onward Technologies Limited

Onward Technologies Limited provides mechanical engineering design and IT consulting services in India and internationally. The company offers digital transformation, embedded systems, engineering technology, data analytics, artificial intelligence, and machine learning products and services. It also offers digital engineering, embedded electronics, mechanical engineering, and enterprise IT related services. The company serves automotive, manufacturing, e-commerce, semiconductor, ICT, and medical technology industries. The company was incorporated in 1991 and is based in Mumbai, India. Onward Technologies Limited is a subsidiary of Onward Network Technologies Private Limited.

CEO
Mr. Harish Shantital Mehta
Employee
2.798
Address
Sterling Centre
Mumbai, 400018

Onward Technologies Limited Executives & BODs

Onward Technologies Limited Executives & BODs
# Name Age
1 Satish Ramanan
Senior Vice President & Head of IT Services
70
2 Mr. Vinav Agarwal
Company Secretary & Compliance Officer
70
3 Mr. Sandeep Bhattacharya
Senior Vice President of Learning & Organizational Development
70
4 Mr. Harish Shantital Mehta
Founder, Whole-time Director & Executive Chairman
70
5 Mr. Jigar Harish Mehta
MD & Executive Director
70
6 Mr. Pawan Kumar Nathani
Chief Financial Officer
70

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