Onward Technologies Reports Record Revenue and Profit for FY26
Onward Technologies delivers record FY26 revenue ₹550.9 cr; EBITDA ₹71.9 cr up 60.9% YoY; PAT ₹46.7 cr up 72.3% YoY
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Onward Technologies Limited, based in Mumbai, India, achieved a record revenue of ₹550.9 crore for FY26, marking a 10.5% year-over-year increase. The company's EBITDA rose by 60.9% to ₹71.9 crore, while profit after tax surged by 72.3% to ₹46.7 crore, reflecting strong operational performance and strategic growth initiatives.
- 01Onward Technologies reported record revenue of ₹550.9 crore for FY26, a 10.5% increase YoY.
- 02EBITDA grew by 60.9% to ₹71.9 crore, with an EBITDA margin of 13.2%.
- 03Profit after tax increased by 72.3% to ₹46.7 crore.
- 04The company plans to distribute a record dividend of ₹8 per share for the 11th consecutive year.
- 05Top 25 clients account for 88% of total revenues, highlighting strong client relationships.
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Onward Technologies Limited, headquartered in Mumbai, India, has reported its highest-ever revenue for the fiscal year 2026, achieving ₹550.9 crore, which represents a 10.5% increase compared to the previous year. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ₹71.9 crore, reflecting a 60.9% year-over-year growth and an EBITDA margin of 13.2%. Profit after tax (PAT) also saw significant growth, rising 72.3% to ₹46.7 crore. The results were driven by strong operational execution, effective cost management, and a focus on strategic accounts, particularly in the engineering and digital services sectors. Onward Technologies has also announced a record dividend of ₹8 per share, marking its 11th consecutive year of dividend payments. The company continues to strengthen its presence in North America and Europe, with a total workforce of 2,485 employees and an attrition rate of 14.85%. As it moves into FY27, Onward Technologies aims to maintain its growth trajectory by enhancing its offshore model and deepening client relationships.
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The strong financial performance of Onward Technologies is likely to enhance job security and growth opportunities for its employees while also benefiting shareholders through increased dividends.
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