Onward Technologies Profile
Key Indicators
- Authorised Capital ₹ 44.62 Cr
- Paid Up Capital ₹ 22.63 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 119.85 Cr
- Revenue Growth 35.26%
- Profit Growth 74.73%
- Ebitda 51.04%
- Net Worth 8.86%
- Total Assets 1.88%
About Onward Technologies
Onward Technologies Limited (OTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 1991 and has a history of 33 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517536 and on the National Stock Exchange(NSE) under ONWARDTEC.
The Corporate was formerly known as Onward Engineering Technologies Private Limited. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 44.62 Cr and a paid-up capital of Rs 22.63 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹119.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Onward Technologies Limited India are Pawankumar Nathani as CFO and Vinav Agarwal as Company Secretary. Harish Shantilal, Jai Diwanji, Jay Sonawala, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Onward Technologies Limited offer?
Onward Technologies Limited offers a wide range of products and services, including Networking Solutions, Change Management Service, Civil Engineering Service, Structural Engineering Service, Product Prototyping Services, Product Engineering Service, Software Development & IT Consultant, Software Consulting Service, ERP Solutions, Testing Services.
Who are the key members and board of directors at Onward Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jigar Mehta  | Managing Director | 16-May-2016 | Current |
| Pawankumar Nathani | CFO | 12-May-2023 | Current |
| Vinav Agarwal | Company Secretary | 20-Oct-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harsha Raghavan | Director | 30-Jun-2021 | Current |
| Dhanpal Jhaveri | Director | 12-May-2023 | Current |
| Harish Shantilal | Whole-Time Director | 18-Jul-1991 | Current |
| Jai Diwanji | Director | 12-May-2023 | Current |
| Jay Sonawala | Director | 15-May-2020 | Current |
| Niranjani Chandramouli | Director | 29-Sep-2022 | Current |
Financial Performance of Onward Technologies.
Onward Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.26% increase. The company also saw a substantial improvement in profitability, with a 74.73% increase in profit. The company's net worth moved up by a moderate rise of 8.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Onward Technologies?
In 2023, Onward Technologies had a promoter holding of 45.21% and a public holding of 54.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hershey India Private LimitedNiranjani Chandramouli is a mutual person
Jhm Enterprises Private LimitedHarish Shantilal and Jigar Mehta are mutual person
Phm Growth Private LimitedHarish Shantilal is a mutual person
Indian Angel Network Services Private LimitedHarish Shantilal is a mutual person
Imc Chamber Of Commerce And IndustryDhanpal Jhaveri is a mutual person
Jsw Mg Motor India Private LimitedDhanpal Jhaveri is a mutual person
Charges (Loans)
₹4.00 Cr
₹119.85 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 2.50 Cr
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2023 | Others | ₹1.50 Cr | Open |
| 27 Nov 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.50 Cr | Open |
| 30 Oct 2021 | Others | ₹5.50 M | Satisfied |
| 02 Feb 2021 | Others | ₹7.00 M | Satisfied |
| 28 Oct 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.70 Cr | Satisfied |
How Many Employees Work at Onward Technologies?
Onward Technologies has a workforce of 2581 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Onward Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Onward Technologies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
