Onward Technologies Reports Q3 FY26 Revenue of ₹136 Crore, 9.3% YoY
Filing Summary
Onward Technologies Limited has released its standalone and consolidated unaudited financial results for the quarter ended December 31, 2025. The company reported a total revenue of ₹136 crore for Q3 FY26, marking a 9.3% year-over-year growth. The EBITDA margin for the quarter reached a record 14.6%. For the nine months of FY26, the company achieved a total revenue of ₹412 crore, reflecting an 11.7% increase from the previous year. The company also reported a profit after tax of ₹37 crore for the nine-month period. The results were disclosed in compliance with SEBI regulations.
Onward Technologies Limited has announced its standalone and consolidated unaudited financial results for the quarter ended December 31, 2025. The company reported a total revenue of ₹136 crore for Q3 FY26, representing a 9.3% increase compared to the same quarter in the previous year. The EBITDA margin for this quarter was recorded at 14.6%, the highest quarterly margin achieved by the company to date.
For the nine months of FY26, Onward Technologies reported a total revenue of ₹412 crore, reflecting an 11.7% year-over-year growth. The EBITDA for this period was ₹57 crore, with an EBITDA margin of 13.9%. The profit after tax for the nine-month period stood at ₹37 crore, excluding a one-time exceptional item due to a new labor code in Q3 FY26. The diluted earnings per share for the nine months was ₹16.67.
The company added four new large clients during this period, primarily through existing client references. The top 25 clients contributed 88% of the total revenues. The total headcount at the end of the period was 2,491 employees, with an attrition rate of 14.7% on a last twelve months basis. Onward Technologies has completed capital expenditure investments totaling ₹19 crore so far in FY26, with plans for further investments across all three geographies in FY26.
The financial results were disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has indicated that details for FY26-27 investments will be shared following budget finalization. The automation initiatives undertaken by the company are expected to enhance operational efficiency.
The financial results were signed by Aakash Joshi, Company Secretary and Compliance Officer of Onward Technologies Limited. The results were submitted to BSE Limited and the National Stock Exchange of India Ltd. under the scrip code BSE: 517536 and NSE: ONWARDTEC, respectively.
Onward Technologies Limited is a software and technology services outsourcing company specializing in digital, embedded, and mechanical engineering services. The company serves global clients in various sectors, including industrial equipment, heavy machinery, power generation, and automotive. Onward Technologies operates in 12 locations across six countries, providing its clients with a global presence and local reach.