HandsOn Global Management (HGM) Limited

NSE: HGMIT Enabled Services

Share price

₹39.45

-0.95% close of 9 Oct 2026

Market cap ₹50 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹50 Cr

P/E ratio

—

P/B ratio

2.4

ROCE

-0.4%

ROE

-13.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹78.9152-week low ₹38.97

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2018 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2018 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

	Profit growth	Price per ₹1 profit	Per 1% growth
HandsOn Global Management (HGM) Limited — this one	—	—	—
eMudhra Limited	19%/yr	40.6×	₹2.1
Datamatics Global Services Limited	8%/yr	17.7×	₹2.2
R Systems International Limited	7%/yr	15.7×	₹2.2
BLS E-Services Limited	38%/yr	46.8×	₹1.2
Protean eGov Technologies Limited	-1%/yr	30.5×	—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (IT Enabled Services), it ranks 52 of 58 on returns, 11 of 54 on growth, 51 of 58 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

It is losing money on the capital in the business, so there is no advantage to measure.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹6 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹3 crore to ₹24 crore. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 10 checks clear · 50%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 22 Sep 2026 · Standalone · Unaudited

Revenue

₹10 Cr

Net profit

-₹0 Cr

EPS

₹-0.24

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap: ₹50 Cr
Prev close: ₹39.45
52w High: ₹81.0
52w Low: ₹38.1
Enterprise value: ₹67 Cr
Beta: 1.1
Price CAGR 1y: -45.0%
Price CAGR 3y: -9.0%
Price CAGR 5y: -8.0%
Price CAGR 10y: -10.0%

Ratios

Return on assets: -4.2%
PEG ratio: —
P/E ratio: —
P/B ratio: 2.4
EV / EBITDA: —
Industry P/E: 26.9
ROCE: -0.4%
ROCE 5y average: 11.9%
ROE: -13.5%
Debt / Equity: 1.2
Interest coverage: -0.1
Dividend yield: 0.0%
ROE 3y average: 6.0%
ROE last year: -14.0%

Annual P&L

Annual revenue: ₹59 Cr
Annual profit: -₹3 Cr
Operating margin: -1.7%
Net profit margin: -5.1%
EBITDA margin: -1.7%
Sales growth 3y: 70.2%
Sales growth 5y: 43.8%
Profit growth 3y: —
Profit growth 5y: —
EPS: ₹-2.4
Sales growth TTM: 86.0%
Profit growth TTM: -232.0%
Dividend payout: 0.0%

Quarter P&L

Sales latest quarter: ₹11 Cr
Profit latest quarter: -₹2 Cr
YoY quarterly sales growth: -20.6%
YoY quarterly profit growth: -219.1%
OPM latest quarter: -10.9%

Balance Sheet

Book Value: ₹16.2
Face Value: ₹10.0
Total debt: ₹24 Cr
Total cash: ₹7 Cr
Borrowings: ₹24 Cr
Reserves / Equity: 0.6

Cash Flow

Operating cash flow: -₹4 Cr
Free cash flow: -₹6 Cr
FCF yield: -13.7%
Net cash flow: ₹2 Cr

Shareholding

Promoter holding: 50.4%
FII holding: —
DII holding: —
Public holding: 49.6%

Peer comparison

Company	Price ₹	P/E	Mkt cap ₹ Cr	Div yield %	Profit qtr ₹ Cr	Profit var %	Sales qtr ₹ Cr	Sales var %	ROCE %
L&T Technology	3,252.10	25.7	34,500	1.78	357.1	17.4	2,940.1	11.5	26.7
Inventurus Knowl	1,737.40	39.0	29,825	0.00	193.7	27.9	893.6	20.7	31.5
Tata Technolog.	697.60	43.5	28,326	1.20	180.8	6.2	1,664.6	33.8	20.9
Netweb Technol.	4,685.40	106.9	27,854	0.06	85.3	179.9	819.7	172.1	37.5
Affle 3i	1,436.00	42.4	20,235	0.00	128.4	21.7	747.2	20.4	16.8
Sagility	43.11	19.6	20,181	0.35	216.8	53.0	1,963.5	27.6	13.4
ESDS Software	1,359.00	129.1	15,929	0.00	29.3	14.0	133.7	7.3	30.2
Handson Global	40.05		50	0.00	-2.1	-219.1	10.8	-20.6	-0.4
Median	232.04	26.7	872	0.00	8.8	20.8	110.9	20.7	16.4

Competes with: Affle 3i Limited, Amagi Media Labs Limited, Black Box Limited, Cyient Limited, ESDS Software Solution Limited, Inventurus Knowledge Solutions Limited, L&T Technology Services Limited, Netweb Technologies India Limited, SAGILITY LIMITED, Tata Technologies Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026

Line item	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	3.57	4.29	3.99	4.27	5.57	5.58	5.80	5.51	14	19	14	13	11
Expenses	3.03	3.59	3.35	3.46	4.65	4.68	4.96	4.48	11	18	17	15	12
Material Cost									0	0	0	0	0
Change in Inventories									0	0	0	0	0
Purchases of Stock-in-Trade									0	0	0	0	0
Employee Cost									10	16	14	11	8.15
Other Expenses									1.13	2.12	3.01	4.04	3.83
Operating Profit	0.54	0.70	0.64	0.81	0.92	0.90	0.84	1.03	2.37	1.09	-2.42	-2.04	-1.18
OPM %	15	16	16	19	17	16	14	19	17	5.75	-17	-16	-11
Other Income	0.40	0.48	0.42	0.47	0.44	0.48	0.92	0.44	0.52	0.81	0.66	1.49	0.29
Exceptional items (within Other Income)									0	0	0	0	0
Interest	0.04	0.03	0.03	0.03	0.05	0.05	0.04	0.04	0.08	0.14	0.44	0.43	0.50
Depreciation	0.16	0.16	0.16	0.16	0.25	0.25	0.25	0.25	0.41	0.60	0.80	0.81	0.80
Profit before tax	0.74	0.99	0.87	1.09	1.06	1.08	1.47	1.18	2.40	1.16	-3	-1.79	-2.19
Tax %	31	26	28	26	27	26	9.52	-13	28	57	4.33	21	-5.48
Net Profit	0.52	0.73	0.63	0.81	0.78	0.80	1.32	1.32	1.73	0.50	-3.12	-2.15	-2.06
EPS in Rs	0.41	0.58	0.50	0.64	0.62	0.64	1.05	1.05	1.37	0.40	-2.48	-1.71	-1.64
Diluted EPS in Rs									1.37	0.39	-2.48	-1.71	-1.64

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026

Line item	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	16	15	15	14	11	11	9.66	10	12	16	22	59	57
Expenses	18	15	15	13	10	9.45	7.31	7.68	9.66	13	19	60	61
Material Cost												0
Change in Inventories												0
Purchases of Stock-in-Trade												0
Employee Cost												50
Other Expenses												10
Operating Profit	-1.81	0.29	0.07	0.21	0.26	1.52	2.35	2.38	2.40	2.69	3.69	-0.99	-4.55
OPM %	-11	1.91	0.45	1.54	2.47	14	24	24	20	17	16	-1.66	-8.03
Other Income	0.57	1.12	1.01	4.18	0.96	1.24	1.72	1.35	3.90	1.76	2.27	3.48	3.25
Exceptional items (within Other Income)												0
Interest	0.41	0.61	0.62	0.25	0	0.72	0.12	0.09	0.16	0.13	0.17	1.09	1.51
Depreciation	1.01	0.97	0.85	1.07	0.53	0.55	0.62	0.62	0.60	0.63	1.00	2.63	3.01
Profit before tax	-2.66	-0.17	-0.39	3.07	0.69	1.49	3.33	3.02	5.54	3.69	4.79	-1.23	-5.82
Tax %	-6.77	259	151	23	75	55	23	29	18	27	12	149
Net Profit	-156	-276	-146	2.38	0.18	0.67	2.57	2.15	4.57	2.69	4.22	-3.05	-6.83
EPS in Rs	-124	-220	-116	1.90	0.14	0.53	2.04	1.71	3.63	2.14	3.35	-2.42	-5.43
Diluted EPS in Rs												-2.42
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	0	0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years: 15%
5 years: 44%
3 years: 70%
TTM: 86%

Compounded profit growth

10 years: 7%
5 years: —
3 years: —
TTM: -232%

Stock price CAGR

10 years: -10%
5 years: -8%
3 years: -9%
1 year: -45%

Return on equity

10 years: -8%
5 years: 7%
3 years: 6%
Last year: -14%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated

Line item	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	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	566	325	22	704	431	21	83	17	9.99	10	11	7.79
Borrowings	13	13	13	5.22	4.29	3.64	2.98	3.06	1.42	1.05	1.41	24
Other Liabilities	7.43	6.91	5.55	288	160	14	17	12	14	12	14	29
Minority Interest												0
Total Liabilities	598	358	52	1,009	608	52	116	45	38	36	40	73
Fixed Assets	3.79	3.10	12	11	10	10	9.82	11	10	9.57	9.49	35
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	573	333	20	987	586	27	92	18	7	4.81	2.17	0
Other Assets	22	22	20	11	11	15	14	16	20	21	28	38
Total Assets	598	358	52	1,009	608	52	116	45	38	36	40	73

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-3.64	-1.25	1.25	9.89	2.68	-2.61	1.67	-0.11	2.19	-3.42	-0.64	-4.48
Cash from Investing Activity	1.23	1.69	0.95	0.63	0.64	-11	0.88	1.19	2.61	3.46	1.18	0.64
Cash from Financing Activity	1.10	-0.70	-1.12	-7.87	-1.28	8.36	-2.12	-2.09	-1.29	-0.50	-0.89	6.08
Net Cash Flow	-1.31	-0.27	1.09	2.66	2.04	-5.09	0.43	-1.01	3.51	-0.46	-0.36	2.24
Free Cash Flow	-3.68	-1.44	1.24	9.71	2.53	-2.61	1.66	-0.11	1.54	-3.42	-0.67	-5.74

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated

Line item	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	95	126	103	116	97	194	187	189	185	187	249	170
Cash Conversion Cycle	95	126	103	116	97	194	187	189	185	187	249	170
Working Capital Days	-105	-111	-160	39	-9.35	-277	-312	-279	-221	-76	18	-9.20
ROCE %	-0.58	0.09	0.12	0.87	0.12	0.91	5.06	4.70	19	16	20	-0.40

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026

Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	50	50	50	50	50	50	50	50	50	50	50	50
Public	50	50	50	50	50	50	50	50	50	50	50	50
No. of Shareholders	8,631	9,969	9,470	9,411	10,445	10,254	10,175	10,063	9,570	9,273	9,255	9,052

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -46.3% (₹73.46 → ₹39.45)Brick size ₹2.79 (fixed)Bricks 31

Price moved up one brickPrice moved down one brickLast close ₹39.45 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

16.93inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about HandsOn Global Management (HGM) Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells to

HOVG LLC (dba Bay Area Credit Services LLC) · software and IT-enabled services
SourceHOV LLC · software and IT-enabled services & data entry / conversion services

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector: Information Technology
Industry: IT Enabled Services
Classification: Information Technology › IT Enabled Services
ISIN: INE596H01014

News impact

Big market events that reach HandsOn Global Management (HGM) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

27 Jul 2011	unspecified	₹2
1 Feb 2011	interim	₹2
2 Nov 2010	interim	₹2
18 Aug 2010	interim	₹2
13 Jul 2010	unspecified	₹2

Splits, bonuses & buybacks

daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026
nse-rename-history fill: 2390 NSE bars before cutoff, ISIN INE596H01014@2016-01-01, symbols HOVS (docs/nse_rename_history.md)1× · 25 Aug 2025

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Annual report · 2025-2624 Aug 2026
Annual report · 2024-2518 Aug 2025

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.