Commercial Services & Supplies
Valuation | |
|---|---|
| Market Cap | 1.91 kCr |
| Price/Earnings (Trailing) | -2.08 K |
| Price/Sales (Trailing) | 0.39 |
| EV/EBITDA | 2.82 |
| Price/Free Cashflow | 10.7 |
| MarketCap/EBT | 18.38 |
| Enterprise Value | 2.35 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -1.1% |
| Price Change 1M | -7.6% |
| Price Change 6M | -23.4% |
| Price Change 1Y | -34.1% |
| 3Y Cumulative Return | -31.7% |
| 5Y Cumulative Return | -7.9% |
| 7Y Cumulative Return | 4.1% |
| 10Y Cumulative Return | 6.1% |
| Revenue (TTM) |
| 4.94 kCr |
| Rev. Growth (Yr) | 1.3% |
| Earnings (TTM) | -26.11 Cr |
| Earnings Growth (Yr) | 46.6% |
Profitability | |
|---|---|
| Operating Margin | 2% |
| EBT Margin | 2% |
| Return on Equity | -0.32% |
| Return on Assets | -0.23% |
| Free Cashflow Yield | 9.35% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | 502.29 Cr |
| Cash Flow from Operations (TTM) | 457.17 Cr |
| Cash Flow from Financing (TTM) | -898.18 Cr |
| Cash & Equivalents | 821.2 Cr |
| Free Cash Flow (TTM) | 213.51 Cr |
| Free Cash Flow/Share (TTM) | 45.9 |
Balance Sheet | |
|---|---|
| Total Assets | 11.32 kCr |
| Total Liabilities | 3.22 kCr |
| Shareholder Equity | 8.1 kCr |
| Current Assets | 8.32 kCr |
| Current Liabilities | 2.35 kCr |
| Net PPE | 369.05 Cr |
| Inventory | 41.93 Cr |
| Goodwill | 1.04 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.11 |
| Debt/Equity | 0.15 |
| Interest Coverage | -0.53 |
| Interest/Cashflow Ops | 2.98 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 1.14% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 11.3% |
Technicals: Bullish SharesGuru indicator.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Growth: Poor revenue growth. Revenue grew at a disappointing -0.7% on a trailing 12-month basis.
Past Returns: Underperforming stock! In past three years, the stock has provided -31.7% return compared to 13.2% by NIFTY 50.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.6% in last 30 days.
Technicals: Bullish SharesGuru indicator.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Growth: Poor revenue growth. Revenue grew at a disappointing -0.7% on a trailing 12-month basis.
Past Returns: Underperforming stock! In past three years, the stock has provided -31.7% return compared to 13.2% by NIFTY 50.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.6% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 1.14% |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | -0.2 |
Financial Health | |
|---|---|
| Current Ratio | 3.54 |
| Debt/Equity | 0.15 |
Technical Indicators | |
|---|---|
| RSI (14d) | 43.11 |
| RSI (5d) | 44.43 |
| RSI (21d) | 35.72 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
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.
The management of Hinduja Global Solutions Limited provided an optimistic outlook for the company, emphasizing a commitment to future growth and profitability driven by strategic initiatives. In Q2 FY2026, total income reached INR 1,222.9 crore (USD 141 million), with operating revenue at INR 1,091 crore (USD 125.8 million) and an EBITDA of INR 158 crore (USD 18.2 million), maintaining margin focus with EBITDA margins at 12.9%. For H1 FY2026, total income was INR 2,410.2 crore (USD 277.9 million), with operating revenue at INR 2,147.3 crore (USD 247.6 million) and total EBITDA of INR 317.7 crore (USD 36.6 million) at margins of 13.2%.
Key forward-looking points include:
In conclusion, management is focused on operational efficiencies, digital transformation, and building a diverse portfolio to enhance profitability and drive long-term growth.
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 LIMITED | 6.41% |
| LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD. | 4.99% |
| BRIDGE INDIA FUND | 2.98% |
| Harsha Ashok Hinduja Jt. Ashok P. Hinduja & Harsha Ashok Hinduja | 2.61% |
| Ashok P. Hinduja, Karta of S.P. Hinduja HUF (Bigger) |
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 | Mphasis | 49.75 kCr | 15.62 kCr | -9.20% | -7.60% | 27.6 | 3.18 | - | - |
| FSL | Firstsource Solutions | 20.24 kCr | 9.15 kCr |
Comprehensive comparison against sector averages
HGS metrics compared to Commercial
| Category | HGS | Commercial |
|---|---|---|
| PE | -2078.03 | 19.61 |
| PS | 0.39 | 0.55 |
| Growth | -0.7 % | 9.5 % |
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.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
HGS vs Commercial (2021 - 2026)
Question 1: "Last year, you mentioned AgentX as central to the AI-led transformation. Has the adoption sustained as you scaled, and is it tracking your expected trajectory?"
Answer: Yes, we have implemented AgentX across 20 clients, primarily in North America, and are now expanding to the UK and Asia-Pacific. This deployment has led to a sustainable improvement in gross margins, with an uplift of around 30%. We reinvest the uplift in additional sales teams and solution development without harming our overall EBITDA margins.
Question 2: "Has the revenue mix evolved as planned, and is the digital share of total revenue aligned with your five-year transformation roadmap?"
Answer: Yes, we're on track to achieve close to 50% of revenue from digital services this year. Our pipeline indicates a healthy digital component, with many new customers related to digital projects. We are confident that this will accelerate growth in digital revenues moving forward.
Question 3: "How do you envision the HGS architecture redesign to sell, build, deliver, and monetize value as part of your five-year AI transformation?"
Answer: We are shifting towards an augmented AI model, combining technology with human talent to create a new segment we call digital operations. This allows us to re-engineer business processes effectively. Our pricing models will evolve to outcome-based pricing, ensuring higher margins and scalability.
Question 4: "With strong momentum in enterprise broadband and One IPTV, how do you see business conversions shaping your future operating model?"
Answer: The objective is to leverage digital capabilities effectively across both divisions. Products like OneX showcase how we integrate to enhance BPM delivery and media penetration. We are also focusing on cybersecurity products, which can serve as a strong value proposition for our customers.
Question 5: "Regarding your operational efficiencies and reduced bureaucracy, where do you see the next wave of operational efficiency translating into margins?"
Answer: We have restructured our leadership into three regional divisions to simplify management and reduce G&A expenses. Additionally, AI-based tools enhance efficiency. We expect the benefits of these changes to drive better margins as we scale.
Question 6: "How do you see this client pipeline developing for new digital and consultative offerings in the near term?"
Answer: The current pipeline indicates that about 62% of expected new business is digital-related, which reflects significant growth. Our previous focus on a smaller digital percentage has changed, proving our strategies are effective. Clients typically start small before expanding their scope, which should lead to larger engagements over time.
Question 7: "How do you plan to allocate cash flow, especially given your strong cash position?"
Answer: We plan to explore strategic partnerships and potential acquisitions to enhance our capabilities. We are actively assessing opportunities for cash deployment that align with our growth strategy.
This detailed response captures the essence of the major inquiries and their answers within the character restriction.
| 2.46% |
| INDUSIND INTERNATIONAL HOLDINGS LTD | 1.5% |
| HINDUJA GROUP LTD JTLY WITH HINDUJA REALTY VENTURES LTD(as Demat A/c holder and Partners of Aasia Exports) | 1.3% |
| 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% |
| Ashok P. Hinduja Jt. Harsha Ashok Hinduja & Ashok P. Hinduja | 0.36% |
| VINOO SRICHAND HINDUJA | 0.3% |
| Ashok P. Hinduja, Karta of 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
| -13.90% |
| -17.60% |
| 31.84 |
| 2.21 |
| - |
| - |
| ECLERX | eClerx Services | 19.68 kCr | 4.01 kCr | -12.30% | +31.60% | 29.41 | 4.91 | - | - |
| INTELLECT | INTELLECT DESIGN ARENA | 10.59 kCr | 3.02 kCr | -23.30% | -6.60% | 29.1 | 3.5 | - | - |
| DATAMATICS | Datamatics Global Services | 4.59 kCr | 2.01 kCr | -0.20% | +16.00% | 23.56 | 2.28 | - | - |
| 45.1% |
| -14.09 |
| -26.48 |
| 103 |
| 41 |
| -40.67 |
| -44.2 |
| Total profit before tax | 45.1% | -14.09 | -26.48 | 103 | 41 | -40.67 | -44.2 |
| Current tax | 22.7% | 11 | 9.15 | 20 | 19 | 8.53 | 12 |
| Deferred tax | -89.3% | 2.07 | 11 | 85 | 31 | 1.32 | 1.15 |
| Total tax | -36.8% | 13 | 20 | 105 | 50 | 9.85 | 13 |
| Total profit (loss) for period | -379.9% | -26.99 | 11 | -1.69 | -8.59 | -50.52 | 162 |
| Other comp. income net of taxes | 26.5% | 144 | 114 | 26 | 13 | 94 | -1.35 |
| Total Comprehensive Income | -6.5% | 117 | 125 | 24 | 4.65 | 43 | 160 |
| Earnings Per Share, Basic | -289.1% | -4.2 | 3.75 | 0.82 | -0.568 | -8.87 | 34.72 |
| Earnings Per Share, Diluted | -289.1% | -4.2 | 3.75 | 0.82 | -0.568 | -8.87 | 34.72 |
| 28.9% |
| 117 |
| 91 |
| 101 |
| 14 |
| 61 |
| 58 |
| Depreciation and Amortization | -4.1% | 257 | 268 | 233 | 45 | 187 | 177 |
| Other expenses | 19% | 939 | 789 | 637 | 154 | 354 | 307 |
| Total Expenses | 12.3% | 2,130 | 1,896 | 1,619 | 745 | 2,095 | 1,920 |
| Profit Before exceptional items and Tax | -407.9% | -242.81 | -47 | 103 | 1.35 | 323 | 308 |
| Total profit before tax | -407.9% | -242.81 | -47 | 103 | 1.35 | 323 | 308 |
| Current tax | 45.7% | 6.58 | 4.83 | -347.16 | 0.34 | 110 | 99 |
| Deferred tax | 402.3% | 73 | -22.82 | 209 | 1.59 | 5.54 | -21.45 |
| Total tax | 516% | 80 | -17.99 | -138.58 | 1.93 | 116 | 78 |
| Total profit (loss) for period | -978.9% | -322.78 | -29.01 | 330 | 2,431 | 207 | 252 |
| Other comp. income net of taxes | 60.8% | -5.89 | -16.59 | 4.23 | -27.24 | 53 | -31.07 |
| Total Comprehensive Income | -607.4% | -328.67 | -45.6 | 334 | 2,404 | 260 | 221 |
| Earnings Per Share, Basic | -893.2% | -69.38 | -6.086 | 62.84 | 581.86 | 49.675 | 60.36 |
| Earnings Per Share, Diluted | -893.2% | -69.38 | -6.086 | 62.84 | 581.53 | 49.62 | 60.33 |
| -8.2% |
| 157 |
| 171 |
| 186 |
| 200 |
| 392 |
| 401 |
| Capital work-in-progress | -74.5% | 1.48 | 2.88 | 5.12 | 3.46 | 2.6 | 2.32 |
| Investment property | 0% | 20 | 20 | 20 | 21 | 21 | 21 |
| Goodwill | 0% | 30 | 30 | 30 | 30 | 30 | 30 |
| Non-current investments | 0% | 866 | 866 | 865 | 862 | 862 | 738 |
| Loans, non-current | -4.7% | 643 | 675 | 704 | 750 | 748 | 739 |
| Total non-current financial assets | -2.4% | 1,581 | 1,620 | 1,651 | 1,679 | 1,661 | 1,529 |
| Total non-current assets | -12.6% | 2,689 | 3,078 | 3,178 | 3,018 | 3,124 | 2,828 |
| Total assets | -2.8% | 4,309 | 4,434 | 4,658 | 4,571 | 4,717 | 5,728 |
| Borrowings, non-current | -24.8% | 101 | 134 | 91 | 64 | 96 | 94 |
| Total non-current financial liabilities | -20.4% | 442 | 555 | 451 | 480 | 501 | 426 |
| Provisions, non-current | 1.8% | 57 | 56 | 53 | 50 | 64 | 51 |
| Total non-current liabilities | -18.4% | 499 | 611 | 504 | 530 | 565 | 477 |
| Borrowings, current | -0.3% | 393 | 394 | 372 | 334 | 293 | 212 |
| Total current financial liabilities | 4.3% | 1,060 | 1,016 | 1,142 | 870 | 993 | 811 |
| Provisions, current | 14.3% | 25 | 22 | 28 | 19 | 8.88 | 6.21 |
| Current tax liabilities | 1492.3% | 2.81 | 0.87 | 0.57 | 1.9 | 1.28 | 1.5 |
| Total current liabilities | 6.2% | 1,149 | 1,082 | 1,251 | 938 | 1,057 | 844 |
| Total liabilities | -2.7% | 1,648 | 1,693 | 1,755 | 1,469 | 1,622 | 1,321 |
| Equity share capital | 0% | 47 | 47 | 47 | 47 | 47 | 53 |
| Total equity | -2.9% | 2,661 | 2,741 | 2,903 | 3,102 | 3,096 | 4,407 |
| Total equity and liabilities | -2.8% | 4,309 | 4,434 | 4,658 | 4,571 | 4,717 | 5,728 |
| -151.2% |
| -50.15 |
| 101 |
| 49 |
| -1,168.1 |
| - |
| - |
| Income taxes paid (refund) | 69% | 72 | 43 | 157 | 423 | - | - |
| Other inflows (outflows) of cash | 98.7% | 0 | -74.7 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -587.8% | -121.71 | -16.84 | -107.8 | -1,590.95 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 0 | 0 | 2.58 | 0 | - | - |
| Proceeds from sales of PPE | -82.1% | 38 | 208 | 224 | 0 | - | - |
| Purchase of property, plant and equipment | -46% | 48 | 88 | 174 | 77 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -64% | 784 | 2,175 | 1,279 | 1,605 | - | - |
| Dividends received | -356.4% | 0 | 1.39 | 0.05 | 0 | - | - |
| Interest received | -27.8% | 97 | 134 | 201 | 79 | - | - |
| Other inflows (outflows) of cash | 107.8% | 8.7 | -97.87 | 1,407 | 2.02 | - | - |
| Net Cashflows From Investing Activities | -70.8% | 382 | 1,307 | 378 | 2,950 | - | - |
| Payments to acquire or redeem entity's shares | -100.1% | 0 | 1,254 | 0 | 0 | - | - |
| Proceeds from exercise of stock options | - | 0 | 0 | 1.08 | 1.19 | - | - |
| Proceeds from borrowings | 112.2% | 954 | 450 | 240 | 0 | - | - |
| Repayments of borrowings | 130.5% | 824 | 358 | 611 | 112 | - | - |
| Payments of lease liabilities | 31.3% | 324 | 247 | 141 | 80 | - | - |
| Dividends paid | 200% | 28 | 10 | 109 | 445 | - | - |
| Interest paid | 30.3% | 117 | 90 | 106 | 48 | - | - |
| Net Cashflows from Financing Activities | 77.4% | -339.79 | -1,509.09 | -725.24 | -683.16 | - | - |
| Effect of exchange rate on cash eq. | -116.6% | -0.14 | 7.88 | 2.46 | 17 | - | - |
| Net change in cash and cash eq. | 62.1% | -79.39 | -210.9 | -452.6 | 693 | - | - |
Analysis of Hinduja Global Solutions's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Business Process Management | 70.5% | 768.7 Cr |
| Media and Communications | 29.5% | 322.4 Cr |
| Total | 1.1 kCr |