Onward Technologies has announced a share buyback program, following the guidelines set by SEBI in 2018. A Letter of Offer has been distributed to qualifying shareholders from May 18, 2026, with details sent on May 20, 2026.
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Onward Tech has announced plans for a buyback program, intending to purchase approximately 5.48 million shares at ₹328 each, totalling ₹18 crore. This represents roughly 2.41% of their total share count as of March 31, 2026.
Onward Tech has authorized a buyback worth INR 18 crore per share at INR 328, affecting 2.41% of its equity. Notably, the company's promoters have decided to abstain from this buyback, with the record date set for May 18, 2026. Currently, Onward Tech shares are trading at Rs. 265.85 on the BSE.
OnwardTech has announced a share buyback of INR 180 crores, offering shares at a 20% higher price compared to the current market value. This move indicates the company's confidence in its future growth prospects and potential undervaluation of its shares.
Onward Tech announces a share buyback program, intending to purchase up to 5.49 lakh shares at ₹328 each, with a total investment of approximately ₹18 crore. Notably, the company's promoters have chosen not to participate in this tender offer.
Onward Technologies has authorized a share buyback at ₹328 per share, implementing it through a tender offer. This move suggests the company's confidence in its current stock value.
Onward Tech's board is planning to discuss a share buyback proposal on May 12, 2026. After the decision is announced, trading will resume 48 hours later, as per the trading window guidelines.
Onward Technologies announced a proposed final dividend of INR 8 per share for FY26, pending approval at the AGM. Shares soared to an intraday high of INR 264.05 on BSE today, demonstrating investor confidence in the company's financial health.
Onward Tech's FY26 revenue reached an all-time high of ₹550.9 crore, marking a 10.5% year-on-year growth and a significant 72.3% increase in profit after tax (PAT). However, the company's stock price dropped by 4% to ₹243.4 on the National Stock Exchange due to reduced margins, as quarterly PAT decreased by 10.4% and EBITDA margins narrowed to 11.2%.
Onward Tech has announced a two-year investment of INR 25 crore towards expanding client labs. This expenditure is aimed at strengthening relationships with current clients and enhancing lab infrastructure.
Onward Tech anticipates that over 95% of its projected FY27 revenue will come from established clients, indicating a strong client retention rate. This forecast underscores the company's solid recurring revenue structure and robust client relations.
Onward Tech's robust FY26 EBITDA margin of 13.2% signals a steady trend, with further potential enhancements on the horizon thanks to operational efficiency gains and strategic vertical expansion.
Onward Technologies experienced a 8.3% drop in their Q4 profits during the March 2026 quarter, as reported by the company. This marks a decrease in the tech giant's consolidated net profit.
Onward Tech plans to reach substantial revenue and profit margin growth, as shared in their latest conference call. The company is focusing efforts on transforming into a cutting-edge, AI-integrated digital engineering service provider.
Onward Tech's Q4 EBIT saw a significant drop of 30% compared to the previous quarter, reaching 109 million rupees, and their margin narrowed down to 7.98%. This marks a decline from the earlier margin of 11.5%.