Onward Technologies Limited
ONWARDTEC · NSE · Technology
With a 20% margin of safety, our buy-below price is ₹364.98.
Piotroski F-score 5/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%18.6%
- ✓Low debt (D/E < 0.5)0.16x
- ✓Positive free cash flow
- ✕Revenue growth > 10%8%
- ✕Earnings growing-7%
- ✕Net margin ≥ 10%8.1%
- ✓Current ratio > 1.53.66
- ✓Below our fair value
- ✓Margin of safety ≥ 20%
- ✕Above 200-day average
- ✕Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 3.82
- ✕Piotroski ≥ 75/9
1-year price
EOD · 2026-06-16Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Annual financials
Shareholding
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
SWOT snapshot
Strengths
- •Strong return on equity (18.6%).
- •Lightly leveraged balance sheet.
- •Financially solid — Altman Z 3.82.
Weaknesses
- •Price below its 200-day moving average (downtrend).
Opportunities
- •Trading in our value buy zone versus sector peers.
- •Trades ~81% below our estimated fair value.
Threats
- •Earnings contracting year on year.
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 development and lifecycle management, digitalization and integration, data engineering, a
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.