Updates

Ref No.: OTL/Secretarial/SE/2026-27/40 Date: July 16, 2026 Bombay Stock Exchange 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.: Submission of Earnings Presentation on Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2026. Dear Sir, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of Earnings Presentation on Standalone and Consolidate d Unaudited Financial Results of the Company for the quarter ended June 30, 2026. This is for your information and records. For Onward Technologies Limited Aakash Joshi Company Secretary & Compliance Officer Membership No : A60953 Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto EARNINGS PRESENTATION Q1 FY27 July 16, 2026 Agenda 01 02 03 Industry and Financial Annexure Company Overview Performance Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Onward Technologies Limited (hereinafter referred to as "Onward Tech" or "Company"), which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward- looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, in any manner. Onward Technologies Industry and Company Overview A Global Engineering & Research Partner GLOBAL SCALE REVENUE MIX (FY26) FINANCIALS CLIENT STRENGTH 2,600+ 63% ₹127.3 Cr 100% Global Industrial & Heavy Net Cash Overseas clients; 70% Employees Machinery North America, 30% Europe 12+ 34% ~₹0 70+ Offices Transportation & Net Debt Active Clients Worldwide Mobility Globally 6 3% 11 Trusted engineering partner to leading Countries Healthcare & Life consecutive years global OEMs across Operating Sciences of dividends geographies 15.3% 35.4% 17% 25.4% FINANCIAL Revenue EBITDA PAT ROCE METRICS CAGR : FY22 - FY26 CAGR: FY22 - FY26 CAGR : FY22 - FY26 FY26 Global ER&D: A Structural Spending Supercycle GLOBAL ER&D MARKET (TAM) ER&D Outsourcing ($ Bn) >$2.5 Trillion by 2030 • growing at 8-9% CAGR 133 135 81.5 India engineering offshoring is the prime beneficiary, projected to compound at ~22% CAGR as OEMs deepen outsourcing. CY2024 CY2030P (low) CY2030P (high) INDUSTRY OVERVIEW - Sector shifting from mechanical engineering to high-growth digital engineering - WHERE THE GROWTH IS CONCENTRATED · SEGMENT TAILWINDS BY 2030 ~25% >$1 Tn ~$320 Bn ~$40 Bn EV share of Semiconductors Industrial Automation Medical Device AI global auto market by 2030 market by 2030 (~28% CAGR) sales Managing Director’s Message Q1 FY27 was a solid start to the year. We delivered a total revenue of ₹151.2 crore, representing a strong YoY growth of 11.5% and a sequential growth of 8.7% over Q4 FY26. We continued to make progress across our strategic accounts, expanded our offshore delivery footprint, and strengthened our Digital Engineering and ER&D capabilities. Operationally, we remain focused on profitable growth, improving delivery efficiency and deepening client relationships, and I am pleased to share that our EBITDA for the quarter was ₹18.4 crore, a 20% sequential growth, with EBITDA margins at 12.3%. While quarterly performance in our industry can vary based on programme ramp- ups and customer decision cycles, our outlook for the year remains unchanged. We continue to target double-digit revenue growth and Mr. Jigar Mehta double-digit EBITDA growth for FY27 and remain confident in our ability to Managing Director, Onward Technologies create long-term value through disciplined execution and operational excellence. Industries Onward Technologies Cater Advancing rail mobility through digital twins, intelligent signaling, Supporting power generation IoT, and smart passenger systems, electrification, experiences for safer, greener, Driving off-highway innovation thermal management, and and more efficient operations. through electrification, high-performance data center telematics, embedded infrastructure. systems, and advanced Healthcare & hydraulics for smarter, Rail efficient equipment. Life Science Transportation Automotive Energy Sector Mining & Industrial Off-highway Agriculture Equipment vehicles Aiding MedTech and digital health companies through Enabling smarter, safer, digital engineering, regulatory and connected mobility assurance capabilities, through SDVs, AI-powered enabling the development of experiences, data innovative, compliant and intelligence, cybersecurity, healthcare solutions. Enhancing mining and and digital engagement. Driving smart manufacturing agriculture with connected through IoT, AI-led analytics, equipment, predictive insights, supply chain optimization, and and value-driven engineering connected product engineering to to maximize productivity and improve efficiency reliability. Smart Solutions How we help engineering & manufacturing clients embed smart solution at every phase from concept to service Smart Smart Thinking Products Product Owner Product Lifecycle Smart Smart Experience Manufacturing Customer Smart Offerings How we help engineering & manufacturing clients embed smart solution at every phase from concept to service Technology Areas Smart Thinking Smart Products • Market & feasibility • Connected Products analysis • NPI / CPI • Artificial Intelligence • Technology roadmap & • Analysis and Simulation • Machine Learning strategy [Showing first 8,000 characters — download PDF for full document]