Hinduja Global Solutions Limited

NSE: HGS · Unclassified

₹348.95+0.29%06 Nov 2026

Ask the data

Instant answers about Hinduja Global Solutions Limited — computed from its filings, no language model

Market cap₹1,623 cr

Current price₹348.95

High / Low₹521 / ₹334

P/E—

P/B0.20

Book value₹1,787.7

ROE-0.5%

ROCE1.0%

Debt / equity0.16

Dividend yield0.06%

EPS (TTM)₹-9.34

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3,849	4,817	4,986	5,589	3,264	4,505	4,616	4,404	4,307
EBITDA	406	441	667	773	113	244	356	257	99
Operating margin	10.5%	9.2%	13.4%	13.8%	3.5%	5.4%	7.7%	5.8%	2.3%
Interest	35	41	94	88	28	137	184	229	207
Depreciation	141	197	291	308	121	455	534	523	505
Profit before tax	254	248	317	444	37	202	110	60	-72
Tax	62	72	133	108	34	-102	-21	178	71
Net profit	194	177	202	336	6,104	348	133	121	32
EPS ₹	92.44	85.08	96.85	161.00	1460.73	66.79	27.52	26.10	6.92
Operating cash flow	—	—	—	—	590	124	192	457	413
Capex	—	—	—	—	237	295	185	244	133
Dividend paid	—	—	—	—	445	109	11	28	1
Total assets	—	—	—	—	—	11,364	11,125	11,172	11,564
Equity	—	—	—	—	—	8,563	7,488	7,708	8,316

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	1,004	1,101	1,159	1,273	1,285	1,290	1,291	1,265	1,286	1,236	1,333	1,457	1,564	1,551	1,583	803	865	912	1,168	1,119	1,070	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
Operating profit	104	73	78	139	149	150	171	194	178	146	187	206	234	232	227	20	5	38	75	82	36	77	98	115	66	17	34	64	142	29	26	17	27	-34
Operating margin	10.3%	6.6%	6.7%	10.9%	11.6%	11.6%	13.3%	15.3%	13.8%	11.8%	14.0%	14.2%	15.0%	15.0%	14.3%	2.4%	0.6%	4.2%	6.4%	7.4%	3.4%	6.8%	8.3%	9.6%	6.0%	1.5%	3.2%	6.0%	12.3%	2.7%	2.4%	1.6%	2.5%	-3.3%
Other income	16	31	43	-32	2	7	23	18	9	31	15	8	28	27	39	11	86	132	201	46	98	114	108	91	159	127	120	171	137	131	132	117	170	151
Interest	9	9	9	11	11	25	26	24	25	24	22	22	20	19	20	7	9	5	35	38	24	39	46	48	51	56	62	56	55	58	54	47	48	46
Depreciation	32	35	47	46	66	75	78	71	84	77	75	82	73	76	76	26	33	48	118	118	114	124	135	142	133	131	133	138	121	128	118	123	135	124
Profit before tax	67	60	65	49	74	57	91	98	75	75	90	110	168	164	171	-29	47	118	123	5	-3	28	25	16	41	-44	-41	41	103	-26	-14	-41	9	-53
Tax	19	19	20	13	19	16	42	32	44	26	9	35	37	47	38	-16	48	45	-69	-47	-28	12	6	8	-46	13	10	50	105	20	13	15	23	13
Net profit	49	40	46	36	55	40	48	71	43	48	81	75	131	117	136	164	5,686	73	237	51	25	15	18	10	90	166	-45	-3	4	17	-20	43	-8	-58
EPS ₹	23.21	19.26	22.04	17.51	26.29	18.97	22.92	34.23	20.74	22.97	39.04	36.11	62.88	56.05	65.37	78.42	1360.86	17.53	45.53	9.87	4.87	3.25	3.93	1.82	18.52	34.72	-8.87	-0.57	0.82	3.75	-4.20	9.15	-1.78	-12.51
Revenue YoY	—	—	—	—	28.0%	17.2%	11.4%	-0.6%	0.1%	-4.2%	3.3%	15.2%	21.6%	25.5%	18.8%	-44.9%	-44.6%	-41.2%	-26.2%	39.4%	23.6%	24.3%	1.1%	7.6%	2.7%	-3.7%	-7.9%	-11.6%	5.7%	-3.3%	0.4%	1.1%	-6.6%	-0.6%
Profit YoY	—	—	—	—	12.3%	-1.3%	4.1%	95.7%	-21.0%	21.2%	70.6%	5.6%	203.3%	144.1%	67.5%	117.2%	4232.4%	-37.4%	73.9%	-68.8%	-99.6%	-79.7%	-92.5%	-80.2%	255.8%	1013.4%	-355.6%	-126.1%	-95.8%	-89.5%	—	—	-317.6%	-433.8%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Hinduja Global Solutions Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	445	487	545	632	703	866	1,070	1,383	1,598
Operating profit	127	142	124	106	121	179	209	243	223
Operating margin	28.5%	29.2%	22.8%	16.8%	17.2%	20.6%	19.6%	17.5%	14.0%
Other income	-5	-5	8	14	18	66	28	25	27
Interest	9	8	6	11	17	18	16	15	16
Depreciation	28	34	38	36	39	42	61	82	78
Profit before tax	75	102	88	73	78	185	161	170	156
Tax	13	7	13	10	24	50	48	52	54
Net profit	62	95	75	64	54	135	113	118	102

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	87	95	99	98	108	116	123	120	123	123	121	123	133	139	150	143	152	168	170	172	172	177	183	196	218	218	235	249	267	275	279	288	334	368	392	379	389	419	411	412	415	418
Operating profit	20	22	22	23	31	32	40	37	38	36	31	26	31	34	33	26	23	25	33	23	30	30	38	33	45	47	53	52	52	53	53	43	65	53	81	60	57	60	46	42	53	51
Operating margin	23.3%	22.6%	22.4%	23.6%	28.9%	27.8%	32.8%	30.4%	30.8%	29.7%	26.0%	21.0%	23.4%	24.3%	22.2%	18.1%	14.9%	14.9%	19.3%	13.6%	17.5%	16.8%	20.7%	16.9%	20.8%	21.8%	22.6%	20.8%	19.3%	19.3%	19.0%	15.0%	19.5%	14.3%	20.7%	15.9%	14.6%	14.4%	11.1%	10.3%	12.7%	12.2%
Other income	4	1	3	3	2	-6	-3	-2	-1	-2	0	3	-2	3	3	3	4	1	6	8	-0	8	1	12	7	-3	50	5	5	7	11	5	6	6	8	9	3	10	5	3	25	7
Interest	0	0	1	2	2	3	2	2	2	2	1	1	2	2	1	1	2	3	5	4	5	5	4	4	4	5	4	4	5	5	3	3	3	4	5	5	4	3	3	3	2	2
Depreciation	6	6	7	6	6	8	7	8	8	8	10	9	9	9	11	8	9	10	9	10	10	10	9	9	10	10	12	16	13	15	16	17	19	25	20	19	20	20	20	20	18	18
Profit before tax	18	16	18	18	9	17	31	28	28	25	20	19	19	26	25	19	16	12	25	13	15	23	26	32	37	29	87	37	39	40	45	29	49	29	64	45	36	47	28	22	57	38
Tax	3	-1	3	3	0	4	6	2	2	2	2	3	1	5	4	4	-4	4	6	3	5	8	7	9	10	13	19	11	12	13	12	10	19	10	13	18	12	17	8	9	9	3
Net profit	15	17	15	15	9	13	25	26	27	23	19	15	18	21	21	15	20	9	19	10	10	15	19	22	28	16	68	25	28	27	33	19	29	19	51	27	24	30	20	13	48	35
EPS ₹	7.22	8.32	7.29	7.37	4.26	6.33	12.19	12.82	13.08	11.39	9.03	7.52	8.65	10.14	10.21	7.44	9.84	4.20	8.93	4.90	4.72	7.39	9.22	10.91	13.51	7.78	33.13	12.24	13.36	12.92	15.97	8.95	14.23	9.37	24.52	13.03	11.60	14.63	9.70	6.14	22.89	16.86
Revenue YoY	—	—	—	—	24.4%	21.4%	24.5%	22.5%	13.9%	6.1%	-1.8%	1.9%	7.8%	13.4%	24.7%	16.5%	14.3%	20.5%	13.0%	20.3%	13.3%	5.5%	7.5%	14.0%	26.6%	23.1%	28.6%	27.0%	22.9%	26.1%	18.9%	15.9%	25.0%	34.1%	40.3%	31.4%	16.3%	13.6%	5.0%	8.6%	6.9%	-0.1%
Profit YoY	—	—	—	—	-41.0%	-23.9%	67.0%	74.0%	207.0%	80.0%	-25.9%	-41.2%	-33.7%	-10.8%	13.3%	-1.1%	13.8%	-58.6%	-7.8%	-34.1%	-52.0%	76.2%	-2.0%	122.7%	186.0%	5.3%	259.6%	12.3%	-0.8%	66.8%	-51.6%	-26.5%	7.0%	-27.4%	53.8%	45.7%	-18.5%	56.2%	-60.4%	-52.8%	97.8%	15.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	72.9%	71.6%	4.5%	3.8%	1.5%	0.9%	1.8%	3.8%	2.9%	2.7%	1.6%	-0.3%	-0.0%	0.6%	0.4%	-0.5%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	3.5%	4.2%	3.9%	3.3%	2.5%	2.7%	3.3%	2.7%	2.1%	2.5%	3.2%	3.5%	3.5%	2.6%	1.4%	1.0%
Net margin	3.8%	3.7%	3.5%	3.5%	4.2%	3.9%	4.1%	4.8%	4.7%	6.0%	6.9%	7.5%	10.0%	127.1%	145.6%	164.4%	148.8%	9.1%	7.3%	2.4%	1.5%	2.9%	6.2%	4.9%	4.8%	2.8%	-0.6%	-0.0%	1.0%	0.7%	-1.0%
EBITDA margin	8.7%	9.1%	10.3%	11.8%	12.9%	13.5%	13.6%	13.8%	13.5%	13.8%	14.6%	14.6%	13.0%	10.1%	7.0%	3.7%	4.9%	5.4%	6.0%	6.5%	7.1%	7.7%	6.5%	5.2%	4.2%	5.8%	6.2%	6.0%	4.9%	2.3%	0.8%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.08	0.08	0.04	0.04	0.12	0.12	0.17	0.17	0.16	0.16	0.15	0.15	0.16	0.16	0.16	0.16
Interest coverage	7.33	7.11	5.39	4.74	4.72	4.23	4.45	4.56	4.79	6.03	7.35	8.55	8.18	7.52	8.69	5.66	4.37	3.38	2.13	1.38	1.42	1.60	1.19	0.87	0.99	1.26	1.34	1.47	1.10	0.65	0.49
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.32	0.35	0.38	0.40	0.42	0.42	0.41	0.41	0.39	0.38	0.39	0.39	0.39	0.39	0.37	0.37

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	42	53	47	47	47	47	47	47
Other equity / reserves	8,405	8,511	7,283	7,441	7,621	7,662	7,918	8,270
Total equity	8,447	8,563	7,330	7,488	7,668	7,708	7,965	8,316
Borrowings	638	321	873	1,306	1,257	1,187	1,254	1,294
Current liabilities	2,232	1,890	2,510	2,747	2,851	2,326	2,348	2,398
Non-current liabilities	768	755	835	735	850	991	876	730
Total assets	11,602	11,364	10,832	11,125	11,529	11,172	11,322	11,564
Property, plant & equipment	553	525	501	297	275	388	369	391
Capital work-in-progress	7	13	21	8	9	9	12	16
Investments	2,668	2,753	3,289	3,300	3,517	3,643	3,791	4,144
Inventories	18	17	17	17	26	26	42	31
Receivables	823	733	884	745	778	764	728	872
Cash & equivalents	2,236	1,112	678	675	622	752	821	569

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	590	124	192	457	413
Cash from investing	1,951	-191	174	502	-137
Cash from financing	-1,033	-982	-808	-898	-511
Capex	237	295	185	244	133
Free cash flow	352	-170	8	214	280
Dividends paid	445	109	11	28	1

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹391 cr3%

CWIP

₹16 cr0%

Investments

₹4,144 cr36%

Inventories

₹31 cr0%

Receivables

₹872 cr8%

Cash & equivalents

₹569 cr5%

Other assets

₹5,541 cr48%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Hinduja Global Solutions Limited	1,623	348.95	—	0.20	-0.5%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-3.9%

6 months-17.3%

1 year-34.0%

3Y CAGR-28.1%

5Y CAGR-34.1%

10Y CAGR-4.4%

50-day avg₹367.96

200-day avg₹396.24

RSI (14)43

FAQs

What is the share price of Hinduja Global Solutions Limited?

Hinduja Global Solutions Limited (HGS) closed at ₹348.95 on NSE on 06 Nov 2026.

What is the market cap of Hinduja Global Solutions Limited?

₹1,623 crore at the latest close.

How fast is Hinduja Global Solutions Limited growing?

Hinduja Global Solutions Limited: revenue has compounded at -1.5% a year over three years; net profit at -54.8% a year. Latest-quarter revenue is down 0.6% year on year, profit down 433.8%.

How profitable is Hinduja Global Solutions Limited?

On a trailing-twelve-month basis return on equity is -0.5%, return on capital employed 1.0%, operating margin 0.8%, net margin -1.0%.

How much debt does Hinduja Global Solutions Limited have?

Hinduja Global Solutions Limited is lightly geared: debt to equity is 0.16 with borrowings of ₹1,294 cr against cash of ₹569 cr (balance sheet of 2026-03-31). Operating profit covers interest 0.5 times.

Financials parsed from Hinduja Global Solutions Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.