Onward Technologies earnings calls.

Onward Technologies delivered a record Q1 FY27 with revenue of ₹151.2 croresCurrent reported value: ₹151.2 crores. No comparable prior figure is available in the source record., crossing the ₹150 crore milestone for the first time with 11.5Current 11.5 crore vs previous available quarter 10.6 crore.% YoY and 8.7% QoQ growth. EBITDA improved to ₹18Current 18. Reported change: +2 customers QoQ..4 crores (20% QoQ) with margins expanding 113bps sequentially to 12.3%, while PAT grew 16.9% QoQ to ₹11.2 crores. The company won a ₹33 crore ODC engagement with a leading power management company and increased its $1M+ revenue customer count from 16 to 18, demonstrating deeper account penetration. Management flagged that the ACV/order book has already crossed last year's total revenue, providing visibility for the balance of FY27. Key growth areas include data center and AI infrastructure expansion in North America and Europe, digital engineering, and healthcare vertical scaling. The company completed its first-ever buyback with promoters not participating. Risks include macroeconomic volatility affecting customer R&D spending and competitive pressure in the digital engineering space.