Onward Technologies Limited Net Assets
Onward Technologies Limited net assets. Based on the latest financial reports, Onward Technologies Limited (ONWARDTEC) has net assets worth Rs2.54 Billion INR (≈ $27.42 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.71 Billion ≈ $40.08 Million USD) and total liabilities (Rs1.17 Billion ≈ $12.66 Million USD). 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. Also explore ONWARDTEC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.54 Billion |
| % of Total Assets | 68.41% |
| Annual Growth Rate | 9.88% |
| 5-Year Change | 55.33% |
| 10-Year Change | 493.16% |
| Growth Volatility | 34.09 |
Net Assets of Onward Technologies Limited (2006–2026)
Net assets of Onward Technologies Limited from 2006 to 2026. This chart illustrates how Onward Technologies Limited's net assets have evolved over time, based on quarterly financial data. See ONWARDTEC net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Onward Technologies Limited (2006–2026)
The table below shows the annual net assets of Onward Technologies Limited from 2006 to 2026. For live market cap and overall valuation, see ONWARDTEC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.54 Billion ≈ $27.42 Million |
+13.02% |
| 2025-03-31 | Rs2.24 Billion ≈ $24.26 Million |
+8.29% |
| 2024-03-31 | Rs2.07 Billion ≈ $22.40 Million |
+19.13% |
| 2023-03-31 | Rs1.74 Billion ≈ $18.80 Million |
+6.53% |
| 2022-03-31 | Rs1.63 Billion ≈ $17.65 Million |
+119.13% |
| 2021-03-31 | Rs744.81 Million ≈ $8.05 Million |
+9.42% |
| 2020-03-31 | Rs680.69 Million ≈ $7.36 Million |
+11.55% |
| 2019-03-31 | Rs610.20 Million ≈ $6.60 Million |
+22.53% |
| 2018-03-31 | Rs498.01 Million ≈ $5.39 Million |
+16.53% |
| 2017-03-31 | Rs427.38 Million ≈ $4.62 Million |
+18.94% |
| 2016-03-31 | Rs359.33 Million ≈ $3.89 Million |
+13.13% |
| 2015-03-31 | Rs317.62 Million ≈ $3.43 Million |
+20.61% |
| 2014-03-31 | Rs263.34 Million ≈ $2.85 Million |
+13.01% |
| 2013-03-31 | Rs233.03 Million ≈ $2.52 Million |
+29.41% |
| 2012-03-31 | Rs180.07 Million ≈ $1.95 Million |
+75.75% |
| 2011-03-31 | Rs102.45 Million ≈ $1.11 Million |
-51.73% |
| 2010-03-31 | Rs212.26 Million ≈ $2.30 Million |
-10.80% |
| 2009-03-31 | Rs237.95 Million ≈ $2.57 Million |
-34.32% |
| 2008-03-31 | Rs362.27 Million ≈ $3.92 Million |
-1.18% |
| 2007-03-31 | Rs366.59 Million ≈ $3.96 Million |
-4.78% |
| 2006-03-31 | Rs384.99 Million ≈ $4.16 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Onward Technologies Limited Net Assets Breakdown (March 2026)
Onward Technologies Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs224.44 Million | 8.85% |
| Other Components | Rs2.31 Billion | 91.15% |
| Total Equity | Rs2.54 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 |
|---|---|
|
Ying Han Technology Co Ltd
TW:4562
|
$84.81 Million |
|
The Sandesh Limited
NSE:SANDESH
|
$84.84 Million |
|
TIAN GE INT.HLDGS DL-0001
F:04T
|
$84.87 Million |
|
DT Cloud Star Acquisition Corporation Units
NASDAQ:DTSQU
|
$84.88 Million |
|
Studentbostader I Sverige AB
ST:STUDBO
|
$84.74 Million |
|
Niloerngruppen AB Series B
ST:NIL-B
|
$84.73 Million |
|
Pesona Metro Holdings Bhd
KLSE:8311
|
$84.64 Million |
|
MFEC PCL
BK:MFEC
|
$84.62 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 2025 to 2026, total equity changed from 2,243,010,000 to 2,535,070,000, a change of 292,060,000 (13.0%).
- Net income of 443,239,000 contributed positively to equity growth.
- Dividend payments of 113,425,000 reduced retained earnings.
- Share repurchases of 100,647,000 reduced equity.
- Other comprehensive income decreased equity by 98,992,000.
- Other factors increased equity by 161,885,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs443.24 Million | +17.48% |
| Dividends Paid | Rs113.42 Million | -4.47% |
| Share Repurchases | Rs100.65 Million | -3.97% |
| Other Comprehensive Income | Rs-98.99 Million | -3.9% |
| Other Changes | Rs161.88 Million | +6.39% |
| Total Change | Rs- | 13.02% |
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: 3.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.63x to 3.13x 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 | Rs30.03 | Rs349.25 | x |
| 2007-03-31 | Rs27.34 | Rs349.25 | x |
| 2008-03-31 | Rs26.81 | Rs349.25 | x |
| 2009-03-31 | Rs17.93 | Rs349.25 | x |
| 2010-03-31 | Rs15.62 | Rs349.25 | x |
| 2011-03-31 | Rs7.71 | Rs349.25 | x |
| 2012-03-31 | Rs13.40 | Rs349.25 | x |
| 2013-03-31 | Rs15.62 | Rs349.25 | x |
| 2014-03-31 | Rs17.80 | Rs349.25 | x |
| 2015-03-31 | Rs20.67 | Rs349.25 | x |
| 2016-03-31 | Rs22.63 | Rs349.25 | x |
| 2017-03-31 | Rs26.36 | Rs349.25 | x |
| 2018-03-31 | Rs30.16 | Rs349.25 | x |
| 2019-03-31 | Rs37.17 | Rs349.25 | x |
| 2020-03-31 | Rs41.00 | Rs349.25 | x |
| 2021-03-31 | Rs44.12 | Rs349.25 | x |
| 2022-03-31 | Rs83.87 | Rs349.25 | x |
| 2023-03-31 | Rs76.44 | Rs349.25 | x |
| 2024-03-31 | Rs90.42 | Rs349.25 | x |
| 2025-03-31 | Rs97.83 | Rs349.25 | x |
| 2026-03-31 | Rs111.64 | Rs349.25 | 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): 17.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.15%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 1.46x
- Recent ROE (17.48%) is above the historical average (8.12%), 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 | Rs-53.44 Million |
| 2007 | -5.99% | -3.09% | 0.86x | 2.26x | Rs-58.60 Million |
| 2008 | -6.86% | -3.16% | 0.96x | 2.26x | Rs-61.09 Million |
| 2009 | -54.49% | -14.57% | 1.23x | 3.04x | Rs-153.46 Million |
| 2010 | -12.97% | -3.27% | 1.31x | 3.03x | Rs-48.75 Million |
| 2011 | 48.77% | 4.84% | 1.76x | 5.73x | Rs39.72 Million |
| 2012 | 36.15% | 4.99% | 1.85x | 3.91x | Rs47.09 Million |
| 2013 | 22.88% | 3.65% | 1.83x | 3.42x | Rs30.02 Million |
| 2014 | 0.29% | 0.05% | 1.94x | 3.26x | Rs-25.58 Million |
| 2015 | 9.15% | 1.53% | 2.14x | 2.78x | Rs-2.71 Million |
| 2016 | 8.87% | 1.61% | 2.18x | 2.52x | Rs-4.07 Million |
| 2017 | 12.43% | 2.37% | 2.23x | 2.35x | Rs10.38 Million |
| 2018 | 13.49% | 2.75% | 2.43x | 2.02x | Rs17.36 Million |
| 2019 | 16.61% | 3.91% | 2.43x | 1.75x | Rs40.32 Million |
| 2020 | 9.16% | 2.33% | 1.97x | 2.00x | Rs-5.69 Million |
| 2021 | 9.85% | 3.05% | 1.75x | 1.85x | Rs-1.10 Million |
| 2022 | 14.51% | 7.71% | 1.34x | 1.41x | Rs73.63 Million |
| 2023 | 6.60% | 2.60% | 1.82x | 1.39x | Rs-59.07 Million |
| 2024 | 16.37% | 7.18% | 1.65x | 1.39x | Rs132.04 Million |
| 2025 | 12.07% | 5.51% | 1.57x | 1.40x | Rs46.48 Million |
| 2026 | 17.48% | 8.15% | 1.47x | 1.46x | Rs189.73 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: $3,232,696,575
- Average return on equity (ROE) among peers: 12.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onward Technologies Limited (ONWARDTEC) | Rs2.54 Billion | -3.88% | 0.46x | $84.77 Million |
| AAA Technologies Limited (AAATECH) | $308.25 Million | 11.39% | 0.06x | $15.43 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.23 Billion | 21.14% | 0.36x | $152.34 Million |
| Adroit Infotech Limited (ADROITINFO) | $208.81 Million | -1.23% | 0.45x | $5.85 Million |
| Airan Limited (AIRAN) | $1.12 Billion | 8.62% | 0.21x | $19.32 Million |
| Alankit Limited (ALANKIT) | $3.19 Billion | 6.22% | 0.33x | $21.41 Million |
| Bartronics India Limited (ASMS) | $341.75 Million | 17.37% | 0.99x | $17.98 Million |
| BIRLASOFT LIMITED (BSOFT) | $17.14 Billion | 16.89% | 0.46x | $974.19 Million |
| Computer Age Management Services Limited (CAMS) | $7.82 Billion | 36.45% | 0.40x | $1.85 Billion |
| Cigniti Technologies Limited (CIGNITITEC) | $115.76 Million | 0.58% | 0.23x | $374.23 Million |
| Cambridge Technology Enterprises Limited (CTE) | $853.86 Million | 11.47% | 0.57x | $7.21 Million |
About 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