Onward Technologies Limited has informed the Exchange about Transcript

Onward Technologies reported FY26 as its strongest year with record revenue of INR 550 crores (10.5% YoY growth) and record EBITDA of INR 71.9 crores with 13.2% gross margins. Q4 revenue was INR 139 crores with 11.2% EBITDA margins. The company serves primarily U.S. (70%) and Europe (30%) markets with zero Indian clients. Management pruned customer base from 250 to 75 clients, with Top 25 contributing 88% of revenues. The company is transitioning from pure-play mechanical engineering (now 50% of revenues) to digital/AI services, investing in a Chennai AI lab. Headcount is stable at 2,485 employees with attrition at a record low of 14.85%. The Board increased dividend to INR 8 per share (11th consecutive year). An investor pushed management on stagnant stock price despite good results and asked about a share buyback; management said it's being actively considered. The MD reiterated double-digit revenue and EBITDA growth guidance.