Onward Technologies Share Price Target 2026, 2027, 2030, 2040, 2050

Onward Technologies is a global IT and engineering services company. It helps large manufacturing companies to improve their products using simple and smart digital and engineering services. The company works in areas like software and digital engineering, embedded systems, and mechanical engineering, including product design and manufacturing support. It mainly serves industries such as industrial equipment, heavy machinery, transportation, and healthcare. It has offices and teams in India, the USA, the UK, Germany, and Canada, and focuses on helping global companies develop new products.

What is Onward Technologies Ltd NSE: ONWARDTEC?

Onward Technologies is an Indian technology and engineering services company. It was established in 1991 in Mumbai, India, by Harish Mehta. The company provides services like software development, digital solutions, product design, and engineering research and development (ER&D). It mainly works with industries such as automotive, transportation, industrial machines, healthcare, and manufacturing. It is a public company listed on Indian stock exchanges and works in India, the US, Europe, and other countries, helping businesses create better products in a faster and easier way.

Onward Technologies Share Price Target

Onward Technologies Share Price Target 2026

It is a global IT and engineering services company that mainly works with big manufacturing and technology companies around the world. The company helps clients plan, build, and improve their products. It supports the full product process, starting from the first idea and design to development, testing, and manufacturing help. It is known for working closely with Original Equipment Manufacturers (OEMs) and building long-term relationships instead of just giving one-time services. In 2026, its share price target would be ₹480, as per stock market analysts.

According to stock market analysts, its share price would be between ₹225 to ₹480 in 2026.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	225	480

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	251	310
February	260	331
March	269	347
April	275	359
May	288	363
June	293	380
July	299	389
August	311	400
September	318	417
October	325	432
November	338	452
December	352	480

Onward Technologies Share Price Target 2027

The company helps clients use modern digital technologies to improve their products and daily work. These services include cloud systems, data analysis, artificial intelligence (AI), machine learning, and software development. It helps companies make better decisions, improve product quality, and reduce costs. Digital solutions also connect physical products with software, making products smarter and easier to use. This helps companies bring new products to the market faster and adjust quickly to customer and market needs. In 2027, its share price target would be ₹718, as per stock market analysts.

According to stock market analysts, its share price would be between ₹454 to ₹718 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	454	718

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	454	537
February	467	552
March	484	574
April	497	588
May	510	598
June	525	619
July	535	632
August	554	648
September	578	678
October	597	690
November	621	700
December	638	718

Share Price Target 2028

Engineering Research and Development, also called ER&D, is a strong area for the company. The company works closely with OEMs to support product research, design, testing, and improvement. ER&D services help companies create new products and improve existing ones by using advanced methods. Its teams handle difficult technical work and help reduce the time needed to launch products. In 2028, its share price target would be ₹983, as per stock market analysts.

According to stock market analysts, its share price would be between ₹680 to ₹983 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	680	983

Share Price Target 2029

It provides mechanical engineering and product design services to clients worldwide. These services include idea creation, detailed design, testing, simulation, and manufacturing support. The company helps clients design products that are strong, affordable, and high in quality. Its engineers use modern design tools and follow industry rules to make sure products are safe and perform well. Mechanical engineering services are very important for industries like industrial machines, automobiles, and heavy equipment, where accurate and strong physical design is necessary for success. In 2029, its share price target would be ₹1252, as per stock market analysts.

According to stock market analysts, its share price would be between ₹910 to ₹1252 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	910	1252

Onward Technologies share price Target 2030

Embedded systems are an important part of modern products, and this company has good experience in this field. The company develops software and electronic systems that work inside products such as machines, vehicles, and medical devices. These systems control how products work and help them connect with other systems. Its embedded services include firmware development, hardware support, testing, and checking quality. In 2030, its share price target would be ₹1535, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1189 to ₹1535 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1189	1535

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1189	1321
February	1221	1367
March	1250	1389
April	1274	1400
May	1290	1421
June	1311	1437
July	1325	1458
August	1357	1467
September	1378	1490
October	1390	1500
November	1407	1521
December	1414	1535

Share Price Target 2040

It works with many industries across the world. Its main industries include industrial equipment, heavy machinery, transportation and mobility, automotive, healthcare, and life sciences. Each industry has different needs, and it designs its services to match those needs. For example, in automotive and mobility, the focus is on connected and software-based vehicles, while in healthcare, safety and reliability are most important. This industry-focused way of working helps the company deliver useful and effective solutions that give real value to its clients. In 2040, its share price target would be ₹2645, as per stock market analysts.

According to stock market analysts, its share price would be between ₹2377 to ₹2645 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	2377	2645

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	2377	2490
February	2390	2521
March	2411	2542
April	2432	2558
May	2448	2575
June	2452	2590
July	2466	2611
August	2575	2620
September	2589	2627
October	2598	2632
November	2505	2641
December	2512	2645

Share Price Target 2050

It also plays an important role in helping companies that make industrial equipment and heavy machinery. The company improves machine design, performance, and efficiency by using engineering and digital tools. Its services include mechanical design, testing, embedded systems, and data-based solutions for machine monitoring and maintenance. These solutions help companies reduce machine breakdowns, improve safety, and increase machine life. In 2050, its share price target would be ₹3702, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3449 to ₹3702 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	3449	3702

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3449	3535
February	3474	3564
March	3489	3573
April	3499	3588
May	3512	3598
June	3521	3612
July	3535	3632
August	3550	3645
September	3561	3667
October	3572	3678
November	3579	3708
December	3599	3702

Should I buy Onward Technologies stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	225	480
2027	454	718
2028	680	983
2029	910	1252
2030	1189	1535
2040	2377	2645
2050	3449	3702

This company is a known engineering and digital services company that works with big manufacturing companies around the world. The company excels in engineering R&D, digital engineering, and embedded systems, serving industries such as automobiles, industrial machinery, and healthcare. Its business can grow as more companies use digital technology and smart products. However, its income depends on client spending and global market conditions, so the share price can go up and down in the short term. It is more suitable for people who are ready to wait and want steady, long-term growth instead of quick profits.

Onward Technologies earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	272	240	307	441	472	491	523
Expenses +	248	223	286	412	420	447	461
Operating Profit	23	17	22	29	52	45	62
OPM %	9%	7%	7%	7%	11%	9%	12%
Other Income +	1	5	21	3	7	7	7
Interest	3	2	1	2	1	2	3
Depreciation	11	10	10	13	13	13	14
Profit before tax	10	10	32	18	45	36	53
Tax %	35%	25%	26%	36%	25%	25%
Net Profit +	6	7	24	11	34	27	41
EPS in Rs	3.89	4.49	10.75	5.15	15.06	11.94	18.10
Dividend Payout %	39%	67%	28%	58%	33%	42%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
15.62	2.86	1.77%	28.51	7.49	2.56%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Onward Technologies Ltd	23.71	2.86	1.77%
Firstsource Solutions Ltd	39.55	5.74	1.19%
eClerx Services Limited	39.83	9.34	0.02%
Bls International Services Ltd	25.65	6.46	0.32%

Is Onward Technologies stock good to buy? (bull case & bear case)

Bull Case:

• The company earned ₹140.1 crore revenue in Q2 FY26, which is 12.4% higher than last year, showing good growth.
• Profit after tax (PAT) increased ~230% year-on-year to about ₹11.9 crore, and the net profit margin went up to 8.6%.
• EBITDA margin reached 14.3%, up 789 basis points compared to last year, showing the company is making more profit from its sales.
• The company’s annual revenue in FY25 was ~₹498.5 crore, showing it has grown steadily over the years.
• It is investing in new technology and building strong client relationships, which can help it grow even more in the future.
• The company’s focus on digital engineering and R&D services means it can benefit as more companies use smart and modern products.

Bear Case:

• Even though the company is growing, the annual net profit in FY25 was lower (~₹27.08 crore) than in some previous years, which shows profits can go up and down.
• The stock price has fallen about 18% in the past year, showing some investors are cautious.
• Profits can change because they depend on how much clients spend and when projects are completed, which may affect earnings in slow times.

Conclusion

It is a global IT and engineering company that helps manufacturing companies make better products using software, digital tools, embedded systems, and mechanical engineering. It works with industries like cars, industrial machines, transportation, and healthcare, and has offices in India, the USA, the UK, Germany, and Canada. The company is expected to grow over time because of its focus on digital technology, R&D, and smart products. The stock is best for investors who want steady, long-term growth rather than quick gains.

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