Commercial Services & Supplies
Hinduja Global Solutions Limited provides business process management services in the United States, Canada, the United Kingdom, rest of Europe, India, and internationally. It provides technology services in the areas of artificial intelligence, automation, data analytics, and cloud. The company also offers digital marketing services, including agency partnership and collaboration, social media monitoring and engagement, content moderation, and online reputation management; and outsourcing solutions, comprising back office outsourcing, contact center outsourcing, and staffing solutions. It serves banking, finance, insurance, consumer packaged goods, media, retail, technology, and telecommunications industries. The company was formerly known as HTMT Global Solutions Limited and changed its name to Hinduja Global Solutions Limited in December 2008. Hinduja Global Solutions Limited was founded in 1973 and is based in Bengaluru, India.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money looks to be reducing their stake in the stock.
Growth: Poor revenue growth. Revenue grew at a disappointing -1.6% on a trailing 12-month basis.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
HGS metrics compared to Commercial
Category | HGS | Commercial |
---|---|---|
PE | 13.08 | 27.74 |
PS | 0.51 | 0.70 |
Growth | -1.6 % | 7.3 % |
HGS vs Commercial (2021 - 2025)
Understand Hinduja Global Solutions ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
HINDUJA GROUP LIMITED | 37.85% |
AMAS MAURITIUS LIMITED | 14.04% |
HINDUJA REALTY VENTURES LTD | 6.41% |
LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD. | 4.99% |
BRIDGE INDIA FUND | 2.98% |
HARSHA ASHOK HINDUJA | 2.61% |
ASHOK PARMANAND HINDUJA | 2.46% |
INDUSIND INTERNATIONAL HOLDINGS LTD | 1.5% |
UNICO GLOBAL OPPORTUNITIES FUND LIMITED | 1.25% |
ALLSTARS INVESTMENTS LIMITED | 1.07% |
AMBIKA ASHOK HINDUJA | 0.83% |
AASIA CORPORATION LLP | 0.79% |
SHOM ASHOK HINDUJA | 0.65% |
VINOO SRICHAND HINDUJA | 0.3% |
A P HINDUJA HUF | 0.25% |
HINDUJA PROPERTIES LIMITED | 0.13% |
Hinduja Finance Limited | 0% |
SHANOO S. MUKHI | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Summary of Hinduja Global Solutions's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Jun 25
Hinduja Global Solutions Limited provided an optimistic outlook during the Q4 & FY2025 earnings conference call held on May 29, 2025. Key highlights included total income of Rs.1,297.7 crore (Rs.4,958 crore for FY2025), operating revenue at Rs.1,161.1 crore (Rs.4,404.2 crore for FY2025), and an EBITDA of Rs.279 crore (Rs.811.8 crore for FY2025) with EBITDA margins at 21.5% for Q4 and 16.4% for the year. Management acknowledged headwinds from political uncertainties resulting in extended sales cycles but noted positive developments, including new client acquisitions whose contributions will be realized in the upcoming fiscal year.
Venkatesh Korla, the newly appointed Global CEO, emphasized focusing on AI-powered digital operations, highlighting three strategic pillars for harnessing Agentic AI: AI Strategy & Implementation Services, AI-Enabled Package Solutions, and Agent X Expansion. Key objectives outlined included accelerating customer time-to-value, enhancing delivery efficiency, and positioning the company as a solution-led partner.
For FY2026, the company plans to launch prioritized AI solutions while building a dedicated package solutions team to boost customer acquisitions. The management reiterated the importance of focusing on mid-market clients and leveraging digital capabilities to drive growth.
The management team expressed confidence in achieving stronger margins and expanding the revenue mix toward digital services. The broadband sector in India is projected to see significant growth, with a focus on Tier-2 and Tier-3 markets, as the subscriber base could double over the next five years. Additionally, HGS is exploring opportunities in enterprise broadband with its CelerityX division and enhancing customer engagement through improved service and technology integration.
Overall, Hinduja Global Solutions reflects a solid strategic plan incorporating AI, market diversification, and enhanced operational efficiencies, aimed at driving future growth.
Last updated: Jun 25
"Could you please elaborate on how the centers in our BPM business are performing? What kind of scale and potential do you see from the new tech services center in Bangalore and the CX hub in Cape Town?"
Answer: The Bangalore tech services center is vital for North America, our primary market. The Cape Town hub shows promising growth, requiring additional space due to strong demand. We're optimistic about scaling operations there, attracting interest from markets like the UK and US.
"Are we facing any delays in contracts in Q4? If yes, when can we expect normalization?"
Answer: It's challenging to provide a clear answer due to global market uncertainties. Larger deals are taking longer, but we are seeing good momentum in the mid-market segment, where decision cycles are shorter.
"At the standalone level, when can we expect breakeven considering significant losses?"
Answer: Standalone results comprise our Philippine branch and India delivery for the US and UK. We're focusing on revenue growth and cost rationalization to improve performance, with potential cross-selling strategies in place.
"What steps are we taking to enhance revenue and improve margins in the BPM business?"
Answer: We're expanding the CX business in offshore markets, prioritizing cost-efficient locations like South Africa and Colombia. By shifting service delivery to these hubs, we aim to enhance margins even if revenue per client decreases.
"What measures are we implementing to enhance the profitability of our media business?"
Answer: Our strategy involves penetrating Tier-2 and Tier-3 markets where competition is lower. We're also leveraging our existing digital TV infrastructure to expand broadband services, ensuring strong entry at lower costs.
"Is there a structured plan regarding the cash reserves on the balance sheet?"
Answer: Our cash is primarily allocated for strategic acquisitions, with a cautious approach to ensure we're not overpaying. We look for opportunities that align with our long-term objectives, focusing on tech-driven deals.
"How do you envision HGS evolving by May 2027, especially regarding potential acquisitions?"
Answer: We plan to reduce our onshore operations and increase our offshore presence. By the next three years, we're targeting a shift in our revenue mix to 68% digital and 32% traditional, improving profitability through higher margins in digital services.
Analysis of Hinduja Global Solutions's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2025
Description | Share | Value |
---|---|---|
Business Process Management | 69.2% | 803.3 Cr |
Media and Communications | 30.8% | 357.7 Cr |
Total | 1.2 kCr |
Detailed comparison of Hinduja Global Solutions against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
MPHASIS | MphasisComputers - Software & Consulting | 50.26 kCr | 14.48 kCr | +6.33% | +11.48% | 29.53 | 3.47 | +7.33% | +9.47% |
FSL | Firstsource SolutionsBusiness Process Outsourcing BPO & KPO | 26.73 kCr | 7.98 kCr | +2.29% | +91.72% | 44.97 | 3.35 | +25.21% | +15.49% |
ECLERX | eClerx ServicesBusiness Process Outsourcing BPO & KPO | 17.23 kCr | 3.31 kCr | +10.15% | +52.65% | 33.23 | 5.2 | +14.21% | +0.86% |
INTELLECT | INTELLECT DESIGN ARENAComputers - Software & Consulting | 16.47 kCr | 2.47 kCr | +12.98% | +13.95% | 60.69 | 6.68 | -3.86% | -20.29% |
DATAMATICS | Datamatics Global ServicesIT Enabled Services | 3.59 kCr | 1.69 kCr | -0.08% | +5.46% | 16.89 | 2.12 | +6.63% | +4.56% |
Investor Care | |
---|---|
Dividend Yield | 1.49% |
Dividend/Share (TTM) | 7 |
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 43.8 |
Financial Health | |
---|---|
Current Ratio | 2.65 |
Debt/Equity | 0.16 |
Debt/Cashflow | 0.15 |
Valuation | |
---|---|
Market Cap | 2.52 kCr |
Price/Earnings (Trailing) | 13.24 |
Price/Sales (Trailing) | 0.51 |
EV/EBITDA | 3.32 |
Price/Free Cashflow | 432.71 |
MarketCap/EBT | -1.15 K |
Fundamentals | |
---|---|
Revenue (TTM) | 4.92 kCr |
Rev. Growth (Yr) | -4.64% |
Rev. Growth (Qtr) | 2.26% |
Earnings (TTM) | 190.33 Cr |
Earnings Growth (Yr) | -205.04% |
Earnings Growth (Qtr) | 82.99% |
Profitability | |
---|---|
Operating Margin | -0.04% |
EBT Margin | -0.04% |
Return on Equity | 2.43% |
Return on Assets | 1.65% |
Free Cashflow Yield | 0.23% |