Onward Technologies Limited
Information Technology Services · Technology
Analyst
Counter-Cyclical Investments
Equibles does not estimate personal net worth.
Madhurati is recorded as Analyst at Counter-Cyclical Investments. Madhurati has spoken on 5 earnings calls across 4 companies, most recently for IG Petrochemicals Limited on November 6, 2026. Those appearances were for Onward Technologies Limited, IG Petrochemicals Limited, Alldigi Tech Limited and Thomas Cook (India) Limited. The companies whose calls Madhurati spoke on are classified in the Technology, Basic Materials, Industrials and Consumer Cyclical sectors.
“Sir, thank you for the opportunity, sir. Firstly, if you can help me understand where are we in the cycle, because our spreads are on the higher end, and it seems that they will be on the higher end for the time being.”
“So, firstly, I wanted to understand on our payroll processing business, the tech and digital. So, if I look at the payroll process between FI21 to FI26, we've almost doubled from 95 lakhs to 1.9 crores.”
“Sir, I wanted to understand regarding the 3 crore R&D expense that we have incurred during this quarter. Earlier, this was absent, so if you can help us understand more on that.”
“Sir, I wanted to understand regarding our travel segment. If I look at the past two years, we've grown cumulatively between FI24 and FI26 by 20%. And I think a lot of that would be also price increases, not the long or short of mix, but just the price increases of the end packages that we are providing.”
“So thank you for the opportunity once again. Sir, if I look at our main segment of industrial equipment and heavy machinery, between the past four years, our revenue has grown at 9% CAGR, and there has been some rupee depreciation, so I would expect that constant currency, this number, would be much lower.”
Counter-Cyclical Investments
Analyst
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Onward Technologies Limited
Information Technology Services · Technology
IG Petrochemicals Limited
Chemicals · Basic Materials
Alldigi Tech Limited
Specialty Business Services · Industrials
Thomas Cook (India) Limited
Travel Services · Consumer Cyclical
Earnings Call for the Quarter Ended September 30, 2026
IG Petrochemicals Limited
Earnings Call
Alldigi Tech Limited
Earnings Call for the Quarter Ended September 30, 2026
Onward Technologies Limited
Earnings Call
Thomas Cook (India) Limited
Earnings Call for the Quarter Ended March 31, 2026
Onward Technologies Limited