Onward Technologies Reports Record FY26 Performance with ₹550.9 Cr Revenue and Recommends ₹8 Dividend
Onward Technologies reported record FY26 results with total revenue at ₹550.9 crore (up 10.5% YoY) and EBITDA at ₹71.9 crore (up 60.9% YoY), with margins at 13.2%. For Q4 FY26, revenue was ₹139.0 crore. The Board recommended a dividend of ₹8 per share.
The announcement details strong financial results, including record revenue and EBITDA growth, and a significant dividend payout, which are material events for investors and stakeholders.
The company has reported record financial performance for FY26, with significant year-on-year growth in revenue and EBITDA, alongside an increased dividend recommendation, indicating positive business momentum and shareholder value.
Onward Technologies Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a record annual performance, with total revenue reaching ₹550.9 crore, marking a 10.5% year-on-year growth. EBITDA for the fiscal year stood at ₹71.9 crore, a significant increase of 60.9% YoY, with EBITDA margins expanding to 13.2% from 9.1% in the previous fiscal year. Profit After Tax (PAT) also saw a substantial jump of 72.3% YoY to ₹46.7 crore.
For the fourth quarter of FY26 (Q4 FY26), the company posted a total revenue of ₹139.0 crore, a 6.9% increase compared to Q4 FY25. EBITDA for the quarter was ₹15.3 crore, with an EBITDA margin of 11.2%. PAT for Q4 FY26 was ₹9.5 crore.
The company highlighted sustained momentum across its Engineering Research & Development (ER&D) and digital engineering services, with deeper engagement in strategic accounts. The Managing Director noted that FY26 marks the strongest annual performance to date, driven by execution excellence, operating leverage, and cost discipline. The company has also achieved a revenue CAGR of 15.3% and an EBITDA CAGR of 35.4% over the last four years (FY22-FY26).
In line with its commitment to shareholder returns, the Board has recommended a dividend of ₹8 per share, which would be the company's 11th consecutive annual dividend. The company continues to invest in strengthening its capabilities and expanding its presence in the US and Europe, focusing on delivery-led growth and scaling its offshore model to drive sustained double-digit growth.
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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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