Q4 FY23 Earnings
Presentation
12th May 2023
Disclaimer
This release may contain certain future prospects which may be
- forward-lookingstatements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations.
These forward-looking statements represent only the Company's current intentions, beliefs or expectations, and any forward-looking statement speaks only as of the date on which it was made. The Company assumes no obligation to revise or update any forward-looking statements.
Note: All numbers have been rounded to the nearest digit for convenience of representation.
Agenda
1
2
3
Overview
Growth Strategy
Financial Performance
From the Managing Director's Desk
"FY23 was a remarkable year with several corporate milestones for Onward Technologies. As it continues to address the robust demand for software services, the team has once again demonstrated its commitment to profitable growth. On year-on-year basis, North America grew at 70% while Europe and India closed the year with 33% and 30% growth respectively. Additionally, our focus on verticals and strategic clients, all supported by a network of offshore capability centers has contributed meaningfully to both
the top line and the bottom line."
Managing Director
Mr. Jigar Mehta
Company at a Glance
Deep Technical
Capabilities
Flawless execution
8500+ | Projects |
Delivered | |
2,798 | Employees |
14 | Offices |
6 | Countries' |
Global
2000Customers
7 of global top-10 automotive
5 of global top-10 industrial equipment manufacturers
81% | Top 25 Clients |
Contribution | |
Digital Business
17%Contribution
Digital | Across | |
Focus | all verticals | |
Embedded
Systems
Data Analytics
& Data Science
Artificial
Intelligence
Machine
Learning
Industry 4.0
₹441 Cr | Strong FY23 | |
Revenue | ||
43.5% | Revenue |
YoY Growth | |
₹27.3 Cr | EBITDA |
in FY23 | |
27.4% | EBITDA |
YoY Growth | |
₹48.6 Cr | Total Cash & Bank | |
In FY23 | ||
Debt Free
Onward Technologies is a Software Outsourcing Company Specializing in Digital and ER&D Services
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Disclaimer
Onward Technologies Ltd. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 12:56:07 UTC.