Integrated Filing — IndAS

General information about company
Scrip Code	517536
NSE Symbol	ONWARDTEC
MSEI Symbol	NOTLISTED
ISIN	INE229A01017
Name of company	Onward Technologies Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	16-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Mechanical and Design Engineering Services
Start date and time of board meeting	16-May-2025   11:30:00
End date and time of board meeting	16-May-2025   12:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1272877000	4913161000
	Other income	26943000	72131000
	Total income	1299820000	4985292000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	980128000	3801183000
(e)	Finance costs	5332000	22225000
(f)	Depreciation, depletion and amortisation expense	34384000	133869000
(f)	Other Expenses
1	Other Expenses	154297000	665017000
	Total other expenses	154297000	665017000
	Total expenses	1174141000	4622294000
3	Total profit before exceptional items and tax	125679000	362998000
4	Exceptional items	0	0
5	Total profit before tax	125679000	362998000
6	Tax expense
7	Current tax	25415000	104015000
8	Deferred tax	-3859000	-11794000
9	Total tax expenses	21556000	92221000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	104123000	270777000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	104123000	270777000
17	Other comprehensive income net of taxes	94000	-1747000
18	Total Comprehensive Income for the period	104217000	269030000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	104122500	270777200
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	104216500	269030200
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	226856000	226856000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		2016154000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.59	11.97
	Diluted earnings (loss) per share from continuing operations	4.56	11.81
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	4.59	11.97
	Diluted earnings (loss) per share from continuing and discontinued operations	4.56	11.81
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	625073000
	Capital work-in-progress	2910000
	Investment property	0
	Goodwill	0
	Other intangible assets	20436000
	Intangible assets under development	16523000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	179028000
	Total non-current financial assets	179028000
	Deferred tax assets (net)	96198000
	Other non-current assets	10583000
	Total non-current assets	950751000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	0
	Trade receivables, current	1094135000
	Cash and cash equivalents	243446000
	Bank balance other than cash and cash equivalents	3771000
	Loans, current	0
	Other current financial assets	697948000
	Total current financial assets	2039300000
	Current tax assets (net)	0
	Other current assets	147500000
	Total current assets	2186800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	3137551000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	226856000
	Other equity	2016154000
	Total equity attributable to owners of parent	2243010000
	Non controlling interest	0
	Total equity	2243010000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	222009000
	Total non-current financial liabilities	222009000
	Provisions, non-current	75657000
	Deferred tax liabilities (net)	32082000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	329748000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	92971000
	Total Trade payable	92971000
	Other current financial liabilities	356721000
	Total current financial liabilities	449692000
	Other current liabilities	72725000
	Provisions, current	25187000
	Current tax liabilities (Net)	17189000
	Deferred government grants, Current	0
	Total current liabilities	564793000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	894541000
	Total equity and liabilites	3137551000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	items that will not be reclassified to profit and loss	1401000	-8367000
	Total Amount of items that will not be reclassified to profit and loss	1401000	-8367000
2	Income tax relating to items that will not be reclassified to profit or loss	352000	-2106000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-955000	4514000
	Total Amount of items that will be reclassified to profit and loss	-955000	4514000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	94000	-1747000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			362998000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			22225000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-87339000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-53317000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-9665000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-33637000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			5799000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			133869000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			25684000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			54934000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-951000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			12423000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			70025000
	Net cash flows from (used in) operations			433023000
	Dividends received			0
	Interest paid			0
	Interest received			-53346000
	Income taxes paid (refund)			61480000
	Other inflows (outflows) of cash			-2967000
	Net cash flows from (used in) operating activities			315230000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			527000
	Purchase of property, plant and equipment			23773000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			12928000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			380000000
	Purchase of other long-term assets			560971000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			45372000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-171773000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			3250000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			103488000
	Dividends paid			111954000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-212192000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-68735000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			205000
	Net increase (decrease) in cash and cash equivalents			-68530000
	Cash and cash equivalents cash flow statement at beginning of period			311976000
	Cash and cash equivalents cash flow statement at end of period			243446000