383.35
+1.60%
Close of 9 Nov 2026, in INR
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About Onward Technologies
Its shares trade on NSE under the ticker ONWARDTEC.NS. It has been listed since 28 November 1994. In the fiscal year to 31 March 2026, it reported revenue of ₹5.44bn and net income of ₹443.2m. At that date it held total assets of ₹3.71bn and shareholders' equity of ₹2.54bn.
Onward Technologies Ltd. engages in the provision of engineering design and IT services. The company is headquartered in Mumbai, Maharashtra. The company is primarily focused on two industry verticals, namely industrial equipment and heavy machinery and transportation and mobility (automotive and rail transportation). The company provides services in mechanical, electrical and controls engineering, embedded products and systems development, mobile and enterprise software development, data analytics and digital transformation, robotic business process automation, and enterprise managed services for infrastructure, applications and databases. The firm provides mechanical, embedded, digital and information technology (IT) services to companies across various industry verticals, including transportation and mobility, industrial equipment and heavy machinery, and pharma, healthcare, and medical devices industries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- IT Services
- Listed since
- 28 Nov 1994
- Employees
- 2,798
- Website
- onwardgroup.com ↗
Leadership
Pay as last reported
- Mr. Harish MehtaExecutive Chairman of the Board, Whole-time Director, since 2016₹25.6m
- Mr. Pawan NathaniChief Financial Officer
- Mr. Vinav AgrawalCompliance Officer, Company Secretary
- Mr. Jigar MehtaManaging Director, since 2016₹21.2m
- Mrs. Prachi MehtaNon-Executive Non Independent Director₹540,000
- Mr. Harsha RaghavanNon-Executive Non-Independent Director
- Mr. Jai DiwanjiAdditional Non-Executive Independent Director
- Mr. Dhanpal JhaveriAdditional Non-Executive Independent Director
- Mr. Jay SonawalaNon-Executive Independent Director₹725,000
- Ms. Dimple ChauhanInvestor Relations
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Onward Technologies Ltd employs 2,798 full-time employees in Mumbai, Maharashtra.
- The company provides engineering design and IT services across industrial equipment and heavy machinery sectors.
- Onward Technologies Ltd offers mechanical, electrical, and controls engineering services to transportation and mobility industries.
Weaknesses
- Onward Technologies Ltd has been listed since 28 November 1994, indicating a long-standing presence.
- The company's focus on industrial equipment and heavy machinery may limit diversification.
- Onward Technologies Ltd operates primarily in the Information Technology sector with no mention of other sectors.
Opportunities
- Onward Technologies Ltd can expand into the pharma, healthcare, and medical devices industries.
- The company can leverage data analytics and digital transformation services for new clients.
- Onward Technologies Ltd can grow its robotic business process automation services.
Threats
- Onward Technologies Ltd faces competition from other IT service providers in Mumbai.
- The company's reliance on industrial equipment and heavy machinery sectors may pose risks.
- Onward Technologies Ltd must adapt to evolving technology trends in the Information Technology sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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