Onward Technologies Limited — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Onward Technologies Limited reported Q4 revenue of ₹127.3 Cr with a 10.9% EBITDA margin, closing FY25 at ₹498 Cr revenue and 9.1% EBITDA margin. Strong growth came from Industrial Equipment & Heavy Machinery, while Transportation & Mobility faced auto sector challenges. Management aims for 10–12% annual revenue and EBITDA growth, driven by top 50 global clients in North America and Europe. Capex stands at ₹12 Cr for infrastructure and international sales offices. Margin improvement is expected from fixed cost stability and better utilization. AI-driven automation offers growth in value-added services. OEM and healthcare verticals are promising despite Tier 1 automotive pressures. Outlook remains cautious but optimistic on execution and deal pipeline.