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SmartSyncServ Avatar Smart Sync Investment Advisory Services @SmartSyncServ on x 43.4K followers Created: 2025-07-17 03:32:47 UTC

Onward Technologies Ltd Q1FY26 Concall Notes

🔹 Onward Technologies aims to double its revenue (~₹500 Cr) over the next 2–3 years, backed by strong order-book visibility and geographic expansion.

🔹 Focus remains on existing verticals like IE&HM, T&M, and HCLS—no plans to diversify into new product lines.

🔹 The company continues targeting consistent double-digit growth in both revenue and EBITDA, with a vision for sustainable EBITDA margins in double or mid-teens.

🔹 New wage hike may slightly impact Q2 margins, but long-term earnings durability remains intact.

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