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ONWARD TECHNOLOGIES LTD. Q2 FY26 Results

ONWARDTECQ2 FY26 Results
Filing
MetricValue (₹ Cr)Q1 FY26Q2 FY25
Revenue138.974.4%12.9%
Total Income140.103.3%12.4%
Expenditure124.273.8%4.4%
PBT15.830.6%182.6%
Net Profit11.946.2%237.3%
OPM14.30%1.43pp
NPM8.52%0.87pp
EPS5.266.2%3187.5%
View full financials

Onward Technologies Sustains Growth Momentum in Q2FY26; Total Revenue up 12.4% YoY to 140.1 Crore, EBITDA Margin at Record 14.3%

17 Oct 2025 · 17 Oct 2025, 01:43 pm

Summary

Onward Technologies Limited, a software outsourcing company, announced its financial results for the Second Quarter of FY26 ended on 30° September 2025. The company reported consolidated total revenue of 140.1 crore, with an EBITDA margin of 14.3%.

Key Highlights

  1. 1

    Q2FY26 total revenue was at 140.1 crore, reflecting a growth of 3.8% QoQ.

  2. 2

    Industrial Equipment & Heavy Machinery (IEHM) contributed 63% of consolidated revenues.

  3. 3

    Transportation & Mobility (T&M) accounted for 34% of consolidated revenues.

  4. 4

    Healthcare & Life Sciences (HCLS) contributed 3% of consolidated revenues.

  5. 5

    Top 25 clients contribute 87% of total revenues.

  6. 6

    Total headcount stood at 2525 employees.

  7. 7

    Attrition at 15.49% (LTM).

Management Comments

M

Mr. Jigar Mehta

Managing Director, Onward Technologies

Q2FY26 marks a milestone for us, with revenue and EBITDA margin reaching the highest levels in the company’s history. We are pleased to report consolidated total revenue of 140.1 crore, reflecting a QoQ growth of 3.3% and YoY increase of 12.4%. Our EBITDA margin expanded by 144 bps sequentially to 14.3% during the quarter.

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