ONWARDTEC NSE filing

Onward Technologies FY26 Revenue Hits ₹550.9 Cr, PAT ₹46.7 Cr; Dividend ₹8/Share

The RealCase readHigh impact Positive

Onward Technologies reported record FY26 revenue of ₹550.9 crore, up 10.5% YoY, and record EBITDA of ₹71.9 crore, up 60.9% YoY. PAT surged 72.3% YoY to ₹46.7 crore. The Board recommended a dividend of ₹8 per share for FY26, marking the 11th consecutive year. Q4 FY26 revenue grew 6.9% YoY to ₹139.0 crore.

Why it matters

The announcement details record financial results, a substantial increase in dividend, and a positive outlook for future growth, which are material events for investors and stakeholders.

The market read

The company has reported record annual revenue, EBITDA, and PAT, along with a significant increase in dividend, indicating strong financial performance and positive outlook.

Onward Technologies Limited has announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company reported its strongest annual performance in FY26, with record revenue of ₹550.9 crore, marking a 10.5% year-on-year growth. EBITDA also reached a record high of ₹71.9 crore, up 60.9% YoY, with a margin of 13.2%. Profit After Tax (PAT) stood at ₹46.7 crore, an increase of 72.3% YoY. Diluted Earnings Per Share (EPS) grew by 74.3% YoY to ₹20.57.

For the fourth quarter of FY26 (Q4 FY26), total revenue was ₹139.0 crore, a 6.9% increase YoY. EBITDA for the quarter grew by 10.1% YoY to ₹15.3 crore, with an EBITDA margin of 11.2%. PAT for Q4 FY26 was ₹9.5 crore, a decrease of 10.4% YoY.

The company highlighted strong operating cash flow generation supported by disciplined execution and working capital management. The Board of Directors has recommended a dividend of ₹8 per share for FY26, continuing an 11-year track record of annual dividends and an increase from ₹5 per share in the previous year.

Mr. Jigar Mehta, Managing Director, attributed the performance to execution excellence, operating leverage, and cost discipline. He noted a revenue CAGR of 15.3% and an EBITDA CAGR of 35.4% over the last four years (FY22-FY26). The company maintained a headcount of 2,485 employees with an attrition rate of 14.85% (LTM). Top 25 clients contribute 88% of total revenues.

Looking ahead to FY27, Onward Technologies plans to focus on delivery-led growth, scaling its offshore model, deepening strategic accounts, and strengthening vertical specialization to drive sustained double-digit growth in Revenue and EBITDA.

Filing to action

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Onward Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Onward Technologies Limited. Read the original for the full detail.

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