Slide 1: Stock exchange submission cover letter
Ref No.: OTL/Secretarial/SE/2025-26/50 Date: October 17, 2025 To, BSE Limited National Stock Exchange of India Ltd., Phiroz Jeejeebhoy Towers, Plot No. C/1 'G' Block Dalal Street, Mumbai – 400023 Bandra – Kurla Complex Bandra East, Mumbai 400051 Ref: Scrip Code - BSE: 517536 NSE: ONWARDTEC Sub.: Su
Slide 2: Earnings Presentation Q2 FY26
EARNINGS PRESENTATION Q2 FY26 17th October 2025
Slide 3: Disclaimer
Disclaimer This release may contain certain future prospects, which may be forward-looking statements. 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 stateme
Slide 4: Table of Contents
Table of Contents 01 Onward Technologies At Glance 02 Financial Performance 3
Slide 5: Onward Technologies At Glance
Onward Technologies At Glance
Slide 6: Highlights
Highlights Corporate Highlights 1991 12 Global 2500+ We are a Established offices Engineers global software Focused Verticals outsourcing IEHM T&M HCLS Industrial Equipment & Transportation & Mobility Healthcare & Life Sciences company Heavy Machinery specialized in Robust Financials advanced 17% CA
Slide 7: Focused Industry Offerings
Focused Industry Offerings Industrial Equipment Transportation Healthcare & 63% 34% 3% & Heavy Machinery & Mobility Life Sciences Software and technology services for global product Software services aligned with clients’ critical path, ❑ New product design, electrical & control systems, development
Slide 8: Our Distinctive Strengths
Our Distinctive Strengths Design Thinking and Robust Processes and Global Talent Pool and Value-Driven Cost Agile Delivery Digital Transformation Specialized Tools Collaborative Culture Structure Committed to an Highlighting the use of Emphasizing a global talent Our responsive agility, Our competit
Slide 9: Financial Performance
Financial Performance
Slide 10: Consolidated Financial Summary – Q2 FY26
Consolidated Financial Summary – Q2 FY26 (ALL FIGURES IN ₹ CRORE) Total Revenue EBITDA & EBITDA Margin % QoQ 12.9% 14.3% QoQ 6.4% 3.3% 16.1% YoY YoY 124.6 135.6 140.1 7.9 17.1 19.9 Q2 FY25 Q1 FY26 Q2 FY26 12.4% Q2 FY25 Q1 FY26 Q2 FY26 151.9% PBT & PBT Margin % PAT & PAT Margin % 12.0% 11.4% QoQ 8.6%
Slide 11: Consolidated Financial Summary – H1 FY26
Consolidated Financial Summary – H1 FY26 (ALL FIGURES IN ₹ CRORE) Total Revenue EBITDA & EBITDA Margin % 13.6% 8.1% YoY YoY 244.0 275.7 13.0% 19.6 37.0 88.8% H1 FY25 H1 FY26 H1 FY25 H1 FY26 PBT & PBT Margin % PAT & PAT Margin % 11.7% 9.0% 4.4% 6.4% YoY YoY 15.3 31.7 107.2% 10.7 24.6 129.9% H1 FY25 H
Slide 12: Consolidated Financial Summary – Q2 FY26
Consolidated Financial Summary – Q2 FY26 Particulars Particulars (in(in ₹ ₹ QoQ YoY YoY Q2 FY26 Q1 FY26 Q2 FY25 H1 FY26 H1 FY25 Crore) Crore) Growth Growth Growth Revenue from Operations 139.0 133.2 4.4% 123.0 13.0% 272.1 240.6 13.1% Other Income 1.1 2.5 (55.4%) 1.6 (31.3%) 3.6 3.4 5.9% Total Revenu
Slide 13: Revenue Metrics
Revenue Metrics Particulars Q2 FY26 Q1 FY26 Q2 FY25 H1 FY26 H1 FY25 Industrial Equipment & Heavy Machinery 63% 59% 55% 61% 55% (IEHM) Revenue by Industry (%) Transportation & Mobility (T&M) 34% 36% 39% 35% 38% Healthcare & Life Sciences (HCLS) 3% 3% 5% 3% 6% USA 34% 34% 35% 34% 35% Revenue By Geogra
Slide 14: Revenue Metrics
Revenue Metrics Particulars Particulars Q4 Q2FY25 FY26 Q3 Q1FY25 FY26 Q4 Q2FY24 FY25 H1 FY26 FY25 H1 FY25 Active Clients 74 78 82 74 82 Top 5 48% 48% 51% 48% 51% Client Base Top 10 64% 63% 68% 63% 68% Top 25 87% 85% 84% 86% 84% Clients with 16 16 11 16 11 Annual Billing > USD 1mn Employee Metrics To
Slide 15: Key Performing Indicators
Key Performing Indicators Particulars (In ₹(In Particulars Crore) ₹ Crore) FY23 FY24 FY25 Revenue from Operations 440.9 472.4 491.3 Other Income 3.4 7.3 7.2 Total Revenue 444.3 479.7 498.5 Employee Benefit 351.3 357.7 380.1 Other expenses 60.6 62.5 66.5 EBITDA 29.3 52.2 44.7 EBITDA Margin (%) 6.6% 1
Slide 16: Thank You
Thank You The software expert to transform your business at speed and scale. Onward Technologies (BSE: 517536) (NSE: ONWARDTEC) is a leading digital and ER&D outsourcing firm headquartered in Mumbai. We empower global OEMs with rapid innovation and market readiness, optimizing their R&D returns. A r