Hinduja Global Solutions
- P/E
- Not meaningful: loss-making over the last twelve months
Key Fundamentals
MicrocapCommercial ServicesServicesPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 1.46%
- Debt to Equity
- 0.24
- EPS (TTM)
- −₹9.34
- Book Value
- ₹1,787.71
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- 0.19
- ROE
- 0.39%
- Dividend Yield
- 1.47%
- EBITDA
- ₹649 Cr
- 52W High
- ₹520.00
- 52W Low
- ₹329.45
- Day Range
- ₹340.10 – ₹348.95
- Volume
- 9,294
Peer Comparison
Services › Commercial Services › BPO / KPO › Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
| ₹290.40 | 30.60 | ₹20,373 Cr | 4.20 | 1.90% | 17.60% | 16.80% | ₹10,064 Cr | ₹671 Cr | |
| ₹1,562.30 | 20.23 | ₹14,958 Cr | 5.04 | 0.06% | 28.40% | 34.40% | ₹4,335 Cr | ₹729 Cr | |
| ₹848.05 | — | ₹2,734 Cr | 1.12 | 0.00% | −5.35% | 10.60% | ₹11,928 Cr | ₹4 Cr | |
| ₹72.98 | 42.68 | ₹1,867 Cr | 4.30 | 0.00% | 7.17% | 9.59% | ₹403 Cr | ₹45 Cr | |
| Hinduja Global Solutions (this company) | ₹346.45 | — | ₹1,591 Cr | 0.19 | 1.47% | 0.39% | 1.46% | ₹4,301 Cr | −₹73 Cr |
| ₹831.80 | 14.83 | ₹1,271 Cr | 5.01 | 3.61% | 31.50% | 27.90% | ₹605 Cr | ₹86 Cr | |
| ₹23.46 | — | ₹46 Cr | 0.22 | 0.00% | 7.26% | 8.15% | — | — | |
| Median 7 companies | ₹346.45 | 25.42 | ₹1,867 Cr | 4.20 | 0.06% | 7.26% | 10.60% | ₹4,318 Cr | ₹66 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 93/100
Category scores
- Quality
- 49
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 86
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 24
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 34
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 18
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 45
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Stock is trading at 0.20 times its book value
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.6% over past five years.
- Company has a low return on equity of 1.08% over last 3 years.
- Contingent liabilities of Rs.2,810 Cr.
- Earnings include an other income of Rs.651 Cr.
- Dividend payout has been low at 8.15% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 5 | 4 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Neutral
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 44.16
- Neutral
- MACD (12,26,9)
- −9.06
- Bullish
- SMA (50)
- 370.09
- Bearish
- SMA (200)
- 396.91
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +2.63% |
|---|---|
| 5Y | +10.60% |
| 3Y | −1.49% |
| 1Y | −2.20% |
| TTM | −1.53% |
Net profit
| 10Y | −25.89% |
|---|---|
| 5Y | −56.90% |
| 3Y | −75.35% |
| 1Y | −95.05% |
| TTM | Loss widened by ₹22 Cr |
Operating cash flow
| 10Y | +10.96% |
|---|---|
| 5Y | −9.81% |
| 3Y | +54.96% |
| 1Y | −9.63% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −6.99 pp |
|---|---|
| 5Y | −0.74 pp |
| 3Y | −3.13 pp |
| 1Y | −3.60 pp |
| TTM | −5.32 pp |
Revenue by year
| Mar 2017 | ₹3,711 Cr |
|---|---|
| Mar 2018 | ₹3,849 Cr |
| Mar 2019 | ₹4,470 Cr |
| Mar 2020 | ₹4,986 Cr |
| Mar 2021 | ₹2,602 Cr |
| Mar 2022 | ₹4,273 Cr |
| Mar 2023 | ₹4,505 Cr |
| Mar 2024 | ₹4,616 Cr |
| Mar 2025 | ₹4,404 Cr |
| Mar 2026 | ₹4,307 Cr |
Net profit by year
| Mar 2017 | ₹179 Cr |
|---|---|
| Mar 2018 | ₹199 Cr |
| Mar 2019 | ₹176 Cr |
| Mar 2020 | ₹206 Cr |
| Mar 2021 | ₹336 Cr |
| Mar 2022 | ₹6,061 Cr |
| Mar 2023 | ₹334 Cr |
| Mar 2024 | ₹131 Cr |
| Mar 2025 | ₹101 Cr |
| Mar 2026 | ₹5.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,133 | 1,180 | 1,204 | 1,099 | 1,092 | 1,087 | 1,064 | 1,161 | 1,056 | 1,091 | 1,075 | 1,085 | 1,050 |
| Expenses | 1,057 | 1,082 | 1,088 | 1,032 | 1,075 | 1,053 | 1,000 | 1,019 | 1,028 | 1,065 | 1,058 | 1,057 | 1,085 |
| Operating Profit | 77 | 98 | 115 | 66 | 17 | 34 | 64 | 142 | 29 | 26 | 17 | 27 | −34 |
| OPM % | 7% | 8% | 10% | 6% | 1.5% | 3.2% | 6% | 12% | 2.7% | 2.4% | 1.6% | 2.5% | −3.3% |
| Other Income | 114 | 108 | 91 | 159 | 345 | 120 | 171 | 137 | 189 | 132 | 203 | 165 | 151 |
| Interest | 39 | 46 | 48 | 51 | 56 | 62 | 56 | 55 | 58 | 54 | 47 | 48 | 46 |
| Depreciation | 124 | 135 | 142 | 133 | 131 | 133 | 138 | 121 | 128 | 118 | 123 | 135 | 124 |
| PBT | 28 | 25 | 16 | 41 | 174 | −41 | 41 | 103 | 31 | −14 | 50 | 9 | −53 |
| Tax % | 41% | 25% | 50% | −112% | 7% | 24% | 121% | 102% | 64% | 92% | 31% | 246% | 26% |
| Net Profit | 17 | 18 | 8 | 88 | 162 | −51 | −9 | −2 | 11 | −27 | 34 | −14 | −66 |
| EPS (₹) | 3.2 | 3.81 | 2.18 | 19.45 | 35.59 | −9.74 | −0.57 | 0.82 | 3.75 | −4.2 | 9.15 | −1.78 | −12.51 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,808 | 3,321 | 3,711 | 3,849 | 4,470 | 4,986 | 2,602 | 4,273 | 4,505 | 4,616 | 4,404 | 4,307 | 4,301 |
| Expenses | 2,495 | 3,010 | 3,293 | 3,440 | 4,052 | 4,320 | 2,520 | 4,002 | 4,257 | 4,255 | 4,141 | 4,205 | 4,266 |
| Operating Profit | 313 | 311 | 418 | 409 | 419 | 667 | 81 | 271 | 248 | 360 | 263 | 102 | 36 |
| OPM % | 11% | 9% | 11% | 11% | 9% | 13% | 3.1% | 6% | 6% | 8% | 6% | 2.4% | 0.8% |
| Other Income | 25 | 26 | 23 | 21 | 47 | 58 | 353 | 6,225 | 581 | 472 | 772 | 688 | 651 |
| Interest | 39 | 40 | 43 | 35 | 40 | 94 | 35 | 161 | 141 | 188 | 234 | 210 | 194 |
| Depreciation | 105 | 136 | 143 | 141 | 178 | 291 | 117 | 345 | 455 | 534 | 523 | 505 | 500 |
| PBT | 193 | 160 | 255 | 254 | 247 | 339 | 282 | 5,991 | 232 | 110 | 278 | 76 | −8 |
| Tax % | 15% | 37% | 30% | 22% | 29% | 39% | −19% | −1% | −44% | −19% | 64% | 93% | — |
| Net Profit | 165 | 100 | 179 | 199 | 176 | 206 | 336 | 6,061 | 334 | 131 | 101 | 5 | −72 |
| EPS (₹) | 39.86 | 24.31 | 43.27 | 48.23 | 42.49 | 48.43 | 80.39 | 1,447 | 63.22 | 28.63 | 26.1 | 6.92 | −9.34 |
| Div. Payout % | 25% | 31% | 12% | 10% | 12% | 21% | 25% | 15% | 24% | 24% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 42 | 53 | 47 | 47 | 47 |
| Reserves | 1,054 | 1,168 | 1,317 | 1,499 | 1,623 | 1,699 | 2,064 | 8,034 | 8,494 | 7,441 | 7,662 | 8,270 |
| Borrowings | 641 | 838 | 662 | 586 | 592 | 605 | 1,180 | 1,409 | 998 | 2,107 | 1,943 | 1,968 |
| Other Liabilities | 358 | 410 | 441 | 515 | 719 | 1,720 | 1,077 | 2,121 | 1,743 | 1,461 | 1,499 | 1,237 |
| Total Liabilities | 2,073 | 2,436 | 2,440 | 2,620 | 2,955 | 4,045 | 4,342 | 11,605 | 11,288 | 11,056 | 11,150 | 11,521 |
| Fixed Assets | 772 | 936 | 949 | 919 | 1,033 | 1,733 | 1,578 | 2,176 | 2,812 | 2,756 | 2,922 | 2,895 |
| CWIP | 4 | 14 | 32 | 1 | 5 | 5 | 3 | 9 | 13 | 13 | 9 | 18 |
| Investments | 9 | 10 | 5 | 11 | 15 | 10 | 5 | 2,482 | 2,753 | 3,300 | 3,643 | 4,144 |
| Other Assets | 1,289 | 1,476 | 1,454 | 1,689 | 1,902 | 2,297 | 2,756 | 6,938 | 5,710 | 4,986 | 4,576 | 4,464 |
| Total Assets | 2,073 | 2,436 | 2,440 | 2,620 | 2,955 | 4,045 | 4,342 | 11,605 | 11,288 | 11,056 | 11,150 | 11,521 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 191 | 146 | 409 | 343 | 170 | 884 | 692 | 530 | 111 | 192 | 457 | 413 |
| Investing | −62 | −186 | −120 | −55 | −226 | −366 | −217 | 1,871 | 32 | 178 | 518 | −84 |
| Financing | −90 | −69 | −246 | −136 | −83 | −310 | −476 | −867 | −1,108 | −808 | −898 | −511 |
| Net Cash Flow | 40 | −109 | 43 | 152 | −138 | 208 | −1 | 1,534 | −964 | −438 | 77 | −183 |
| Free Cash Flow | 29 | −106 | 229 | 222 | −16 | 771 | 539 | 99 | 173 | 263 | 238 | 286 |
| CFO/OP | 87 | 65 | 116 | 93 | 59 | 153 | 1,011 | 433 | 120 | 71 | 160 | 440 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Cash Conversion Cycle | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Working Capital Days | 42 | 24 | 13 | 5 | 38 | 31 | 111 | −11 | 158 | 48 | 72 | 75 |
| ROCE % | 12% | 11% | 15% | 15% | 13% | 20% | 1% | 2% | 2% | 2% | 3% | 1% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Hinduja Global Solutions insights
62 extracted metrics across FY10–FY27.
Documents
- Concall · Sep 2026PPT
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Concall · Jun 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- 7 Aug 2026
- 29 May 2026
- 10 Nov 2025
- 6 Aug 2025
- 22 Sep 2026
- 2 Jun 2026
- 4 Mar 2025
- 4 Mar 2024
- 12 Dec 2023
- General announcements 3 Nov 2026
- General announcements 12 Oct 2026
Frequently Asked Questions about Hinduja Global Solutions
What does Hinduja Global Solutions Ltd do?
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Does Hinduja Global Solutions Ltd pay dividends?
What is the Return on Equity (ROE) of Hinduja Global Solutions Ltd?
Company Information
Hinduja Global Solutions Ltd is engaged in the business of business process management (BPM). It offers voice and non-voice based services such as contact center solutions and back office transaction processing across the globe. The company is a part of Hinduja Group which has presence in Automotive, information Technology, media, entertainment & communications, infrastructure project, development, oil & specialty chemicals, power, real estate and healthcare. It employs ~200,000 people globally.
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