Financial Results for the financial year ended 31st March 2026
ONWARDTEC · price
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Onward Technologies Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Statutory auditors BSR & Co. LLP issued an unmodified (clean) opinion on both sets of results. The Board recommended a final dividend of ₹8 per equity share (face value ₹10) for FY 2025-26, subject to shareholder approval at the 35th AGM. Four director re-appointments were approved: Mr. Harish Mehta as Executive Chairman and Mr. Jigar Mehta as Managing Director (both for 5 years), along with two Independent Directors for 3-year terms. The document notes 4 subsidiaries contributed total revenue of ₹4,939 lakhs and net profit of ₹656 lakhs for the year.
The clean audit opinion and dividend recommendation are positive signals for shareholders. The continuation of the Mehta family leadership (father-son) provides stability but also highlights related party considerations.