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Prices as of 9 Oct 2026 close · Not investment advice

Hinduja Global Solutions Limited

NSE: HGSBusiness Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)

Share price

₹355.55

-0.95% close of 9 Oct 2026

Market cap ₹1,671 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.

38

out of 100 · worked out 8 Oct 2026

Your ratios

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

Market cap

₹1,671 Cr

P/E ratio

—

P/B ratio

0.2

ROCE

1.5%

ROE

0.4%

Dividend yield

1.4%

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 ₹534.0052-week low ₹344.70

Answers

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

How fast it has been growing

Sales fell 1.5% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 5.4% to 0.8% over the last four years.

Whether it grew faster than its sector

It grew 13.2% a year against a sector median of 9.8% — 3.4 percentage points faster.

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 growthPrice per ₹1 profitPer 1% growth
Hinduja Global Solutions Limited — this one-50%/yr——
Firstsource Solutions Limited14%/yr23.4×₹1.7
eClerx Services Limited13%/yr23.6×₹1.8
RPSG VENTURES LIMITED3%/yr——
One Point One Solutions Limited51%/yr46.3×₹0.91
Alldigi Tech Limited20%/yr12.9×₹0.64

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 (Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)), it ranks 7 of 7 on returns, 5 of 7 on growth, 7 of 7 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?

No durable advantage shows in the numbers: it earns 1.5% on capital, ahead of 0% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1703 crore of cash from the business, spent ₹644 crore on plant and equipment, and returned ₹4192 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 57 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 11 days before it paid its own suppliers to waiting 75 days for its cash.

Profit reality check

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

7 of 9 checks clear · 78%

Latest result · Q1 FY27

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

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,050 Cr

Revenue vs last year

-0.5%

Revenue vs last quarter

-3.2%

Net profit

-₹66 Cr

Profit vs last year

-702.4%

Net margin

-6.3%

EPS

₹-12.51

Earnings call transcript · 10 Aug 2026

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
₹1,671 Cr
Prev close
₹355.55
52w High
₹545
52w Low
₹342
Enterprise value
-₹1,091 Cr
Beta
0.9
Price CAGR 1y
-26.0%
Price CAGR 3y
-28.0%
Price CAGR 5y
-24.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
0.0%
PEG ratio
—
P/E ratio
—
P/B ratio
0.2
EV / EBITDA
—
Industry P/E
20.7
ROCE
1.5%
ROCE 5y average
2.0%
ROE
0.4%
Debt / Equity
0.2
Interest coverage
1.4
Dividend yield
1.4%
ROE 3y average
1.0%
ROE last year
0.0%

Annual P&L

Annual revenue
₹4,307 Cr
Annual profit
₹5 Cr
Operating margin
2.4%
Net profit margin
0.1%
EBITDA margin
2.4%
Sales growth 3y
-1.5%
Sales growth 5y
10.6%
Profit growth 3y
-50.0%
Profit growth 5y
-41.0%
EPS
₹6.9
Sales growth TTM
-2.0%
Profit growth TTM
-57.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹1,050 Cr
Profit latest quarter
-₹66 Cr
YoY quarterly sales growth
-0.6%
YoY quarterly profit growth
-700.0%
OPM latest quarter
-3.3%

Balance Sheet

Book Value
₹1,770
Face Value
₹10.0
Total debt
₹1,968 Cr
Total cash
₹690 Cr
Borrowings
₹1,968 Cr
Reserves / Equity
176.0

Cash Flow

Operating cash flow
₹413 Cr
Free cash flow
₹286 Cr
FCF yield
4.5%
Net cash flow
-₹183 Cr

Shareholding

Promoter holding
68.0%
FII holding
11.7%
DII holding
0.0%
Public holding
20.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Firstsour.Solu.259.2023.018,3262.12165.930.02,724.922.916.8
eClerx Services1,896.0024.517,8320.05164.216.01,152.423.334.4
RPSG Ventures870.152,8790.00253.135.03,576.420.410.6
One Point One78.7745.02,0710.0016.372.8158.3129.49.6
Hinduja Global363.001,6891.38-66.3-45.31,050.4-0.61.5
Alldigi Tech783.8013.01,1947.6618.121.7150.34.427.9
NSB BPO59.859.31200.007.020.088.529.98.2
Median363.0023.02,0710.0518.121.71,050.422.910.6

Competes with: Alldigi Tech Limited, Firstsource Solutions Limited, One Point One Solutions Limited, RPSG VENTURES LIMITED, WE WIN LIMITED, eClerx Services Limited

Quarterly results

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

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1331,1801,2041,0991,0921,0871,0641,1611,0561,0911,0751,0851,050
Expenses1,0571,0821,0881,0321,0751,0531,0001,0191,0281,0651,0581,0571,085
Material Cost000000
Change in Inventories3.17-8.66-7.359.571.522.27
Purchases of Stock-in-Trade213444282632
Employee Cost594599623628592631
Other Expenses400403405393439420
Operating Profit77981156617346414229261727-34
OPM %6.788.269.586.031.533.175.97122.722.391.582.51-3.28
Other Income11410891159345120171137189132203165151
Exceptional items (within Other Income)000-4.49-4.800
Interest39464851566256555854474846
Depreciation124135142133131133138121128118123135124
Profit before tax28251641174-414110331-14509-53
Tax %412550-11272412110264923124626
Net Profit1718888162-51-9-211-2734-14-66
EPS in Rs3.203.812.181936-9.74-0.570.823.75-4.209.15-1.78-13
Diluted EPS in Rs0.823.75-4.209.15-1.78-13

Profit & loss

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

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,8083,3213,7113,8494,4704,9862,6024,2734,5054,6164,4044,3074,301
Expenses2,4953,0103,2933,4404,0524,3202,5204,0024,2574,2554,1414,2054,266
Material Cost00
Change in Inventories-9.28-4.92
Purchases of Stock-in-Trade70132
Employee Cost2,4792,441
Other Expenses1,6081,640
Operating Profit3133114184094196678127124836026310236
OPM %11911119133.1066862.400.80
Other Income2526232147583536,225581472772688651
Exceptional items (within Other Income)0-9.29
Interest39404335409435161141188234210194
Depreciation105136143141178291117345455534523505500
Profit before tax1931602552542473392825,99123211027876-8
Tax %153730222939-19-1-44-196493
Net Profit1651001791991762063366,0613341311014.94-72
EPS in Rs402443484248801,4476329266.92-9.34
Diluted EPS in Rs266.92
Dividend Payout %2531121012212515242400

Compounded growth

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

Compounded sales growth

10 years
3%
5 years
11%
3 years
-1%
TTM
-2%

Compounded profit growth

10 years
-11%
5 years
-41%
3 years
-50%
TTM
-57%

Stock price CAGR

10 years
3%
5 years
-24%
3 years
-28%
1 year
-26%

Return on equity

10 years
18%
5 years
18%
3 years
1%
Last year
0%

Balance sheet

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital212121212121214253474747
Reserves1,0541,1681,3171,4991,6231,6992,0648,0348,4947,4417,6628,270
Borrowings6418386625865926051,1801,4099982,1071,9431,968
Other Liabilities3584104415157191,7201,0772,1211,7431,4611,4991,237
Minority Interest147120
Total Liabilities2,0732,4362,4402,6202,9554,0454,34211,60511,28811,05611,15011,521
Fixed Assets7729369499191,0331,7331,5782,1762,8122,7562,9222,895
CWIP41432155391313918
Investments910511151052,4822,7533,3003,6434,144
Other Assets1,2891,4761,4541,6891,9022,2972,7566,9385,7104,9864,5764,464
Total Assets2,0732,4362,4402,6202,9554,0454,34211,60511,28811,05611,17211,564

Cash flows

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity191146409343170884692530111192457413
Cash from Investing Activity-62-186-120-55-226-366-2171,87132178518-84
Cash from Financing Activity-90-69-246-136-83-310-476-867-1,108-808-898-511
Net Cash Flow40-10943152-138208-11,534-964-43877-183
Free Cash Flow29-106229222-1677153999173263238286

Ratios

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5350467895721736159596374
Cash Conversion Cycle5350467895721736159596374
Working Capital Days42241353831111-11158487275
ROCE %121115151320122231

Shareholding pattern

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

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters686868686868686868686868
FIIs121212131312121212121212
DIIs0.280.270.230.230.240.240.010.010.010.010.010.01
Government0000000000.050.050.05
Public202020191920202020202020
No. of Shareholders69,89467,69665,50363,62565,10165,53264,41863,43962,22060,79559,08958,132

Price trend

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

Change over 1 year -28.1% (₹494.85 → ₹355.55)Brick size ₹9.93 (fixed)Bricks 49
₹400₹450₹500₹356Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹355.55 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

-2,762inr_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)

70.58cr

2026-03-31

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

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

28,80,076inr

2026-03-31

News

News and filings about Hinduja Global Solutions Limited. Open one to see why it matters.

Supply chain

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

Competes with

About

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

Sector
Services
Industry
Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Classification
Services › Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
ISIN
INE170I01016

Business segments

  • Business Process Management · 71%
  • Media and Communications · 29%

News impact

Big market events that reach Hinduja Global Solutions 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

18 Sep 2026unspecified₹5
19 Sep 2024unspecified₹7
13 Sep 2023unspecified₹2.5
6 Mar 2023interim₹2.5
7 Dec 2022interim₹5
23 Sep 2022unspecified₹25
24 Aug 2022interim₹5
22 Feb 2022interim₹28

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
21 Aug 2026Hinduja Realty Ventures Limited · Promoter GroupBUY8,03,88532.72
21 Aug 2026Hinduja Group Limited jointly with Hinduja Realty Ventures Limited (As Demat Account holder and partners of Aasia Exports) · Promoter GroupSELL4,37,00017.79
21 Aug 2026Aasia Corporation LLP · Promoter GroupSELL3,66,88514.93
15 Apr 2026Hinduja Group Ltd. · PromotersEQUITY SHARES1,84,95,00,000—

Documents

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

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