₹284.5
+1.01% today
· 30d +2.3%
as of 2026-09-04
Price · Daily Candles
“FIIs and DIIs increase stakes as Onward Technologies reports strong annual profit growth, yet quarterly net profit dips.”
Onward Technologies posted a 63.69% YoY increase in annual net profit to ₹44 Cr for FY26, despite a quarterly net profit decline of 8.26% to ₹10 Cr in Q4 FY26. The stock's current PE of 13.92 is below the sector average, with a ROCE of 23.0%, reflecting a 'CHEAP' valuation score of 75.
BULL CASE
+Annual net profit surged by 63.69% YoY to ₹44 Cr in FY26, showcasing significant bottom-line improvement.
+Promoters maintain a substantial 39.07% stake, coupled with increased FII holdings (+0.43%) and DII holdings (+0.63%) QoQ.
+The company's PE of 13.92 is lower than several peers such as TCS (16.74) and Infosys (16.05), suggesting a potential undervaluation.
+Annual revenue grew 10.69% YoY to ₹544 Cr in FY26, alongside a 3-year revenue CAGR of 6.81% and a 5-year CAGR of 17.74%.
BEAR CASE
−Quarterly net profit decreased by 8.26% YoY to ₹10 Cr in Q4 FY26, indicating recent pressure on profitability.
−The stock is trading 29.7% off its 52-week high of ₹385.0.
−Operating profit margin declined by 0.33 percentage points YoY in Q4 FY26, falling to 12.39%.
−ML predictions show weak ranks for free cash flow (FCF), with the 1-year recent 2-year FCF rank at 0.243 and 1-year stable 7-year FCF rank at 0.084.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹149 Cr
+12.23% YoY
NET PROFIT
₹11 Cr
-12.27% YoY
OPM
13.3%
-1.16pp YoY
EPS
₹5.0
PE 13.92
Intrinsic value · DCF ₹454.39 · Margin of safety +59.7% (undervalued) · FCF yield 7.33%
◇ Sector Position
Onward Technologies trades at a PE of 13.92 with a ROCE of 23.0%, making it relatively cheaper than sector leaders like TCS (PE 16.74, ROCE 60.1%) but with lower returns on capital.
PEERPEROCE %
ONWARDTEC13.9223.0
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ML Forward Growth Predictions 🔒
54
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
20
Valuation
CHEAP
75
Growth
STRONG
74
Profitability
HIGH
75
Technicals
NEUTRAL
52
Risk
ELEVATED
30
Key Stats
TTM PE
13.92
P/B
2.4
52W HIGH
₹357.0
OFF HIGH
-20.31%
DIV YIELD
1.85%
MKT CAP
₹642 Cr
◉ Active Signals
MACDBearish-0.5128
RSI(14)Neutral49.3
⧉ Strategy Fit 🔒