Results - Announcements
Onward Technologies Ltd share price declined by 0.89% to Rs 356.35. The Company's net profit saw a strong growth of 50.13% to Rs 16.77 crore, while revenue from operations gained 13.89% to Rs 170.18 crore in Q3FY26 over Q2FY26.
The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.65 lakh crore, slipping 5.49%. It has inched up 2.45% over last one week and rose by 12.92% in last one month while the market capitalization of Onward Technologies Ltd has sharply increased by 16.04% and 25.07% in the same period respectively.
Profit before tax (PBT) of Onward Technologies Ltd stood at Rs 22.12 crore in Q3 FY26, jumping 39.73% year-on-year, and rallying 49.66% quarter-on-quarter. EBITDA came in at Rs 26 crore, surging by 36.07% YoY and expanding by 53.25% sequentially.
Total expenses grew marginally by 9.36% to Rs 148.4 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 118.14 crore, registering a growth of 8.13% YoY.
For the TTM ended FY26, revenue from operations improved 10.69% to Rs 543.85 crore, while net profit surged by 63.66% to Rs 44.32 crore, compared to previous TTM. EBITDA soared by 3890% to Rs 64.81 crore, and PBT soared 57.16% to Rs 57.05 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 65.08 crore in FY26, as against Rs 31.52 crore in FY25.
Onward Technologies Ltd rallied 13.65% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 10.04% during the same period.