Onward Technologies Limited
Onward Technologies Limited operates as a software and technology services outsourcing company. The company offers digital and engineering research and development services for original equipment manufacturers (OEMs) in industrial equipment and heavy machinery, transportation, mobility, and healthcare and life sciences sectors. It also provides digital services, such as advanced software developm… Read more
Onward Technologies Limited (ONWARDTEC) - Net Assets
Latest net assets as of September 2025: ₹2.32 Billion INR
Based on the latest financial reports, Onward Technologies Limited (ONWARDTEC) has net assets worth ₹2.32 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.41 Billion) and total liabilities (₹1.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.32 Billion |
| % of Total Assets | 68.04% |
| Annual Growth Rate | 9.72% |
| 5-Year Change | 201.15% |
| 10-Year Change | 524.22% |
| Growth Volatility | 34.97 |
Onward Technologies Limited - Net Assets Trend (2006–2025)
This chart illustrates how Onward Technologies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Onward Technologies Limited (2006–2025)
The table below shows the annual net assets of Onward Technologies Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.24 Billion | +8.29% |
| 2024-03-31 | ₹2.07 Billion | +19.13% |
| 2023-03-31 | ₹1.74 Billion | +6.53% |
| 2022-03-31 | ₹1.63 Billion | +119.13% |
| 2021-03-31 | ₹744.81 Million | +9.42% |
| 2020-03-31 | ₹680.69 Million | +11.55% |
| 2019-03-31 | ₹610.20 Million | +22.53% |
| 2018-03-31 | ₹498.01 Million | +16.53% |
| 2017-03-31 | ₹427.38 Million | +18.94% |
| 2016-03-31 | ₹359.33 Million | +13.13% |
| 2015-03-31 | ₹317.62 Million | +20.61% |
| 2014-03-31 | ₹263.34 Million | +13.01% |
| 2013-03-31 | ₹233.03 Million | +29.41% |
| 2012-03-31 | ₹180.07 Million | +75.75% |
| 2011-03-31 | ₹102.45 Million | -51.73% |
| 2010-03-31 | ₹212.26 Million | -10.80% |
| 2009-03-31 | ₹237.95 Million | -34.32% |
| 2008-03-31 | ₹362.27 Million | -1.18% |
| 2007-03-31 | ₹366.59 Million | -4.78% |
| 2006-03-31 | ₹384.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onward Technologies Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 98843200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹988.43 Million | 44.07% |
| Common Stock | ₹226.86 Million | 10.11% |
| Other Comprehensive Income | ₹98.99 Million | 4.41% |
| Other Components | ₹928.73 Million | 41.41% |
| Total Equity | ₹2.24 Billion | 100.00% |
Onward Technologies Limited Competitors by Market Cap
The table below lists competitors of Onward Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INSTALLUX SA INH. EO 16
F:5X5
|
$26.06 Million |
|
CHINA NEW CITY COMM.
F:C7B
|
$26.07 Million |
|
Y.C.C. Parts MFG Co Ltd
TW:1339
|
$26.07 Million |
|
Fountain Set (Holdings) Limited
F:FOV
|
$26.08 Million |
|
Phenom Resources Corp
OTCQX:PHNMF
|
$26.06 Million |
|
Precot Limited
NSE:PRECOT
|
$26.06 Million |
|
Genie Music Corporation
KQ:043610
|
$26.06 Million |
|
TJ media Co. Ltd
KQ:032540
|
$26.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onward Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,071,323,000 to 2,243,010,000, a change of 171,687,000 (8.3%).
- Net income of 270,777,000 contributed positively to equity growth.
- Dividend payments of 111,954,000 reduced retained earnings.
- New share issuances of 3,250,000 increased equity.
- Other comprehensive income decreased equity by 23,023,000.
- Other factors increased equity by 32,637,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹270.78 Million | +12.07% |
| Dividends Paid | ₹111.95 Million | -4.99% |
| Share Issuances | ₹3.25 Million | +0.14% |
| Other Comprehensive Income | ₹-23.02 Million | -1.03% |
| Other Changes | ₹32.64 Million | +1.46% |
| Total Change | ₹- | 8.29% |
Book Value vs Market Value Analysis
This analysis compares Onward Technologies Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.41x to 2.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹30.03 | ₹252.40 | x |
| 2007-03-31 | ₹27.34 | ₹252.40 | x |
| 2008-03-31 | ₹26.81 | ₹252.40 | x |
| 2009-03-31 | ₹17.93 | ₹252.40 | x |
| 2010-03-31 | ₹15.62 | ₹252.40 | x |
| 2011-03-31 | ₹7.71 | ₹252.40 | x |
| 2012-03-31 | ₹13.40 | ₹252.40 | x |
| 2013-03-31 | ₹15.62 | ₹252.40 | x |
| 2014-03-31 | ₹17.80 | ₹252.40 | x |
| 2015-03-31 | ₹20.67 | ₹252.40 | x |
| 2016-03-31 | ₹22.63 | ₹252.40 | x |
| 2017-03-31 | ₹26.36 | ₹252.40 | x |
| 2018-03-31 | ₹30.16 | ₹252.40 | x |
| 2019-03-31 | ₹37.17 | ₹252.40 | x |
| 2020-03-31 | ₹41.00 | ₹252.40 | x |
| 2021-03-31 | ₹44.12 | ₹252.40 | x |
| 2022-03-31 | ₹83.87 | ₹252.40 | x |
| 2023-03-31 | ₹76.44 | ₹252.40 | x |
| 2024-03-31 | ₹90.42 | ₹252.40 | x |
| 2025-03-31 | ₹97.83 | ₹252.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onward Technologies Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.51%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 1.40x
- Recent ROE (12.07%) is above the historical average (7.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -3.88% | -2.30% | 0.83x | 2.05x | ₹-53.44 Million |
| 2007 | -5.99% | -3.09% | 0.86x | 2.26x | ₹-58.60 Million |
| 2008 | -6.86% | -3.16% | 0.96x | 2.26x | ₹-61.09 Million |
| 2009 | -54.49% | -14.57% | 1.23x | 3.04x | ₹-153.46 Million |
| 2010 | -12.97% | -3.27% | 1.31x | 3.03x | ₹-48.75 Million |
| 2011 | 48.77% | 4.84% | 1.76x | 5.73x | ₹39.72 Million |
| 2012 | 36.15% | 4.99% | 1.85x | 3.91x | ₹47.09 Million |
| 2013 | 22.88% | 3.65% | 1.83x | 3.42x | ₹30.02 Million |
| 2014 | 0.29% | 0.05% | 1.94x | 3.26x | ₹-25.58 Million |
| 2015 | 9.15% | 1.53% | 2.14x | 2.78x | ₹-2.71 Million |
| 2016 | 8.87% | 1.61% | 2.18x | 2.52x | ₹-4.07 Million |
| 2017 | 12.43% | 2.37% | 2.23x | 2.35x | ₹10.38 Million |
| 2018 | 13.49% | 2.75% | 2.43x | 2.02x | ₹17.36 Million |
| 2019 | 16.61% | 3.91% | 2.43x | 1.75x | ₹40.32 Million |
| 2020 | 9.16% | 2.33% | 1.97x | 2.00x | ₹-5.69 Million |
| 2021 | 9.85% | 3.05% | 1.75x | 1.85x | ₹-1.10 Million |
| 2022 | 14.51% | 7.71% | 1.34x | 1.41x | ₹73.63 Million |
| 2023 | 6.60% | 2.60% | 1.82x | 1.39x | ₹-59.07 Million |
| 2024 | 16.37% | 7.18% | 1.65x | 1.39x | ₹132.04 Million |
| 2025 | 12.07% | 5.51% | 1.57x | 1.40x | ₹46.48 Million |
Industry Comparison
This section compares Onward Technologies Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,048,375,525
- Average return on equity (ROE) among peers: 9.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onward Technologies Limited (ONWARDTEC) | ₹2.32 Billion | -3.88% | 0.47x | $26.06 Million |
| 3i Infotech Limited (3IINFOLTD) | $1.91 Billion | 16.80% | 1.24x | $23.99 Million |
| AAA Technologies Limited (AAATECH) | $308.25 Million | 11.39% | 0.06x | $7.58 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.81 Billion | 50.60% | 0.37x | $44.12 Million |
| Adroit Infotech Limited (ADROITINFO) | $62.35 Million | -0.08% | 1.33x | $2.94 Million |
| Allied Digital Services Limited (ADSL) | $4.46 Billion | 2.78% | 0.42x | $33.49 Million |
| Airan Limited (AIRAN) | $803.67 Million | 6.30% | 0.24x | $6.18 Million |
| Alankit Limited (ALANKIT) | $3.75 Million | 22.76% | 4.62x | $13.25 Million |
| Bartronics India Limited (ASMS) | $664.69 Million | -75.68% | 23.36x | $6.50 Million |
| BIRLASOFT LIMITED (BSOFT) | $2.64 Billion | 19.89% | 0.66x | $665.78 Million |
| Computer Age Management Services Limited (CAMS) | $7.82 Billion | 36.45% | 0.40x | $1.76 Billion |