Onward Technologies Q1 FY27: Record Revenue of 151.2 Cr, Up 11.5% YoY
ONWARDTEC · price
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Onward Technologies reported Q1 FY27 revenue of 151.2 Cr, up 11.5% YoY and 8.7% QoQ, a record high. EBITDA grew 7.2% YoY and 20% QoQ to 18.4 Cr, with margin expanding 113 bps sequentially to 12.3%. PAT was 11.2 Cr, down 12.3% YoY but up 16.9% QoQ. Diluted EPS stood at 4.98. The company won a 33 Cr ODC contract from a global power management firm, completed its Q1 share buyback, and saw clients billing over 1 million USD rise to 18 from 16. Management targets double-digit revenue and EBITDA growth for FY27.
Record revenue and strong sequential EBITDA growth show healthy momentum. YoY PAT dip is a watchpoint, but new contract and buyback completion are positives.