Onward Technologies' Q2 FY 2025-26 Quarterly Results

Result Summary

• Onward Technologies Ltd reported a 3.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.4%.
• Its expenses for the quarter were up by 3.8% QoQ and 4.4% YoY.
• The net profit decreased 6.2% QoQ and increased 237.3% YoY.
• The earnings per share (EPS) of Onward Technologies Ltd stood at 5.23 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Onward Technologies Ltd is a company that operates within the technology sector, providing a range of engineering and digital transformation services. The company specializes in areas such as engineering design, embedded software & product design, IT consulting & services, and mechanical engineering services. It primarily serves industries like automotive, aerospace, industrial equipment, and healthcare. The company is known for its focus on innovation and adaptation to the technological advancements in these sectors. As of the provided data, there are no specific recent major developments mentioned.

Revenue

In Q2FY26, Onward Technologies Ltd reported a total income of ₹140.10 crores, reflecting a quarter-over-quarter (QoQ) increase of 3.3% from ₹135.62 crores in Q1FY26. Compared to the same quarter in the previous year (Q2FY25), the total income increased by 12.4% from ₹124.61 crores. This indicates a substantial increase in revenue over the year, showcasing a positive trajectory in income generation. Revenue growth is an important indicator of the company's ability to expand its market presence and increase its sales.

Profitability

The company’s profitability metrics show interesting trends. The Profit Before Tax (PBT) for Q2FY26 was ₹15.83 crores, slightly down by 0.6% QoQ from ₹15.92 crores in Q1FY26. However, year-over-year (YoY) growth is significant at 182.7% compared to ₹5.60 crores in Q2FY25. The tax expense for the quarter was ₹3.89 crores, up 21.9% QoQ from ₹3.19 crores and 88.8% YoY from ₹2.06 crores. Profit After Tax (PAT) for Q2FY26 stood at ₹11.94 crores, showing a decrease of 6.2% QoQ from ₹12.73 crores but a remarkable increase of 237.3% YoY from ₹3.54 crores. Earnings Per Share (EPS) decreased by 6.1% QoQ to ₹5.23 from ₹5.57, yet increased by 239.6% YoY from ₹1.54.

Operating Metrics

Operating metrics reveal some key insights into the company's performance. Total expenses in Q2FY26 amounted to ₹124.27 crores, rising by 3.8% QoQ from ₹119.69 crores and 4.4% YoY from ₹119.01 crores. The consistent rise in expenses both QoQ and YoY aligns with the growth in total income, indicating an increase in operational scale. Although the QoQ decrease in Profit After Tax suggests fluctuations, the YoY growth highlights a significant improvement in operational efficiency and profitability compared to the previous year. The data reflects a dynamic operational environment where revenue growth outpaces expense increases, contributing to improved financial performance over the year.