Onward Technologies (BOM:517536) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:517536 Onward Technologies Ltd BOM:517536
79 GF Score
Price ₹285.80
GF Value ₹390.40
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Onward Technologies Debt-to-Equity?

Onward Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Onward Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Onward Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Onward Technologies's Debt-to-Equity or its related term are showing as below:

BOM:517536' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.23   Max: 0.6
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Onward Technologies was 0.60. The lowest was 0.08. And the median was 0.23.

BOM:517536's Debt-to-Equity is ranked better than
55.53% of 2244 companies
in the Software industry
Industry Median: 0.19 vs BOM:517536: 0.16

Onward Technologies  (BOM:517536) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Onward Technologies Debt-to-Equity Related Terms


Onward Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Onward Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Onward Technologies Debt-to-Equity Chart

Onward Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.14 0.14 0.16

Onward Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.17 N/A 0.16 N/A

BOM:517536 vs IBM, ACN, FISV: Debt-to-Equity Comparison

For the Information Technology Services subindustry, Onward Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Onward Technologies Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Onward Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Onward Technologies's Debt-to-Equity falls into.


BOM:517536
79GF Score
Onward Technologies Ltd BOM:517536
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onward Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Onward Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Onward Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Onward Technologies (BOM:517536) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued. The current stock price of ₹285.80 is trading 26.8% below its estimated GF Value™ of ₹390.40. GuruFocus considers Onward Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517536:

  • Debt-to-Equity: N/A
  • GF Value™: ₹390.40 vs. price of ₹285.80 (26.8% below fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Technologies Business Description

Other Exchanges ONWARDTEC:India
Address Almonte IT park, 5th Floor, Next to Radisson Blu Hotel, Kharadi, Pune, MH, IND, 411014
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
79GF Score

Get the complete analysis for BOM:517536

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹285.80
Price
₹390.40
GF Value