Onward Technologies Limited Share Price and Company Fundamentals
Last traded: Today at 4:35 AM
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.
Key Metrics
PE ratio
22.59
PB ratio
3.72
Dividend yield
1.08%
Beta
0.82
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Information Technology Services / Technology |
|---|---|
| Full time employees | 2641 |
| Website | https://www.onwardgroup.com |
| Mailing address | Sterling Centre 2nd Floor Dr. Annie Besant Road Worli Mumbai 400018 India |
| Phone / Fax | 91 22 2492 6570 / 91 22 2492 6549 |
Dividends
Dividend yield
1.08%
Dividend amount
₹3.00
Payout ratio
24.65%
5Y Avg. yield
1.62%
Onward Technologies Limited paid ₹3.00 dividend and the ex-dividend date was 08 July 2022.The dividend payout ratio is 24.65%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ONWARDTEC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
ONWARDTEC's forward dividend amount is ₹3 and the forward dividend yield is 1.09%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Onward Technologies Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Harish Shantital Mehta | Founder, Whole-time Director & Exec. Chairman | 74 | 25.56M |
| Mr. Jigar Harish Mehta | MD & Exec. Director | 42 | 21.18M |
| Mr. Devanand Ramandasani | Chief Financial Officer | ||
| Ms. Dimple Chauhan | Company Sec. & Compliance Officer | ||
| Mr. Sudhir Badamikar | Exec. |
Profitability and management effectiveness
Profit margin
7.71%
Operating margin
4.20%
Return on assets
4.40%
Return on equity
19.93%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Onward Technologies Limited is and its enterprise value is .
The ONWARDTEC's stocks Beta value is 0.82 making it 18% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Onward Technologies Limited (NSE:ONWARDTEC) Frequently Asked Questions
1. What is Onward Technologies Limited's Stock Symbol?
Onward Technologies Limited trades on NSE under the ticker symbol "ONWARDTEC".
2. What is Onward Technologies Limited's stock price today?
One share of ONWARDTEC stock can currently be purchased for approximately ₹279.05.
3. How can I contact Onward Technologies Limited?
Onward Technologies Limited's mailing address is Sterling Centre 2nd Floor Dr. Annie Besant Road Worli Mumbai 400018 India. The company can be reached via phone at 91 22 2492 6570.
4. What is Onward Technologies Limited's official website?
The official website of Onward Technologies Limited is https://www.onwardgroup.com.