Hinduja Global Solutions LimitedHGSCorporate

Computers - Software - Medium / Small Latest results: Mar 2026 13 quarters of data

₹357.75

MCap ₹1,664 Cr · P/E 425.6

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹1,085 Cr

Sales · Mar 2026

-6.5% YoY

₹27 Cr

Operating Profit · Mar 2026

-81.0% YoY

2.5%

OPM % · Mar 2026

-79.5% YoY

₹-14 Cr

Net Profit · Mar 2026

-600.0% YoY

₹-1.78

EPS · Mar 2026

-317.1% YoY

📝 Hinduja Global Solutions Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Hinduja Global Solutions Limited reported revenue of ₹1,085 crore for the quarter ended March 2026 (Q4 FY26), down 6.5% from ₹1,161 crore in the same quarter last year, and up 0.9% sequentially over the December 2025 quarter.

The company reported a net loss of ₹14 crore, against a net loss of ₹2 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-1.78.

Operating profit stood at ₹27 crore — an operating margin (OPM) of 2.5%, compared with 12.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Hinduja Global Solutions Limited posted revenue of ₹3,685 crore, a decline of 16.3% over FY25, with a net profit of ₹4 crore (down 96.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,685 crore with a net profit of ₹4 crore.

Valuation snapshot

At the current price of ₹357.75, HGS has a market capitalisation of ₹1,664 crore and a trailing P/E of about 425.6.

Within the Computers - Software - Medium / Small industry, it is the 25th-largest of the 126 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 67.99%, foreign institutional investors (FIIs) 11.63%, domestic institutional investors (DIIs) 0.06%, public shareholders 20.32% of Hinduja Global Solutions Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹1,664 Cr

Current Price ?

₹357.8

P/E ?

425.64above ind

Industry P/E ?

18.20

P/B ?

0.20

P/S ?

0.45

P/FCF ?

5.82

Enterprise Value ?

₹3,632 Cr

EV/EBITDA ?

51.64

PEG ?

N/A

Earnings Yield ?

-10.3%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹3,685 Cr

OPM ?

1.9%

Profit after tax (TTM) ?

₹4 Cr

EPS (TTM) ?

₹0.84

ROCE ?

1.0%

ROE ?

0.0%

ROA ?

0.0%

Growth

Sales — latest qtr ?

₹1,085 Cr

PAT — latest qtr ?

₹-14 Cr

YoY qtr sales growth ?

-6.5%

YoY qtr profit growth ?

-600.0%

Sales growth (3y) ?

-1%

Sales growth (5y) ?

11%

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹1,968 Cr

Debt to Equity ?

0.24

Interest Coverage ?

-2.1

Current Ratio ?

N/A

Ownership

Promoter holding ?

67.99%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-17.1%

Return 6 months ?

-16.1%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	YoY %	QoQ %
Sales	1,070	1,133	1,180	1,204	1,099	1,092	1,087	1,064	1,161	1,056	469	1,075	1,085	-6.5%	+0.9%
Operating Profit	36	77	98	65	66	17	34	64	142	29	-3	17	27	-81.0%	+58.8%
Other Income	98	114	108	91	159	345	120	171	137	189	68	203	165	+20.4%	-18.7%
Interest	24	39	46	48	51	56	62	56	55	58	28	47	48	-12.7%	+2.1%
Depreciation	114	124	135	142	133	131	133	138	121	128	59	123	135	+11.6%	+9.8%
Profit Before Tax	-3	28	25	16	41	174	-41	41	103	31	-23	50	9	-91.3%	-82.0%
Net Profit	26	17	18	8	88	162	-51	-9	-2	11	-27	34	-14	-600.0%	-141.2%
EPS	4.82	3.20	3.81	2.18	19.45	35.59	-9.74	-0.57	0.82	3.75	-5.82	9.15	-1.78	-317.1%	-119.5%
OPM %	3.4%	6.8%	8.3%	5.4%	6.0%	1.6%	3.1%	6.0%	12.2%	2.7%	-0.6%	1.6%	2.5%	-79.5%	+56.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹4,404 Cr	₹3,685 Cr	₹3,685 Cr	-16.3%
Operating Profit	₹257 Cr	₹70 Cr	₹70 Cr	-72.6%
OPM %	5.84%	1.91%	1.91%	-67.3%
NPM %	2.27%	0.11%	0.11%	-95.2%
Other Income	₹773 Cr	₹625 Cr	₹625 Cr	-19.2%
Depreciation	₹523 Cr	₹445 Cr	₹445 Cr	-14.9%
Interest	₹229 Cr	₹181 Cr	₹181 Cr	-20.8%
EBIT	₹-266 Cr	₹-375 Cr	₹-375 Cr	-41.0%
PBT	₹277 Cr	₹67 Cr	₹67 Cr	-75.7%
Tax	—	₹4 Cr	₹4 Cr	—
Net Profit	₹100 Cr	₹4 Cr	₹4 Cr	-96.1%
EPS	₹26.10	₹5.30	₹5.30	-79.7%
Material Cost	—	₹1 Cr	₹1 Cr	—
Employee Cost	—	₹222 Cr	₹222 Cr	—
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	53	47	47	47	+0.0%
Reserves	8,494	7,441	7,662	8,270	+7.9%
Borrowings	998	2,107	1,943	1,968	+1.3%
Other Liabilities	1,743	1,461	1,499	1,369	-8.7%
Total Liabilities	11,288	11,056	11,150	11,654	+4.5%
Fixed Assets	2,812	2,756	2,922	2,898	-0.8%
CWIP	13	13	9	16	+77.8%
Investments	2,753	3,300	3,643	4,144	+13.8%
Other Assets	5,710	4,986	4,576	4,596	+0.4%
Total Assets	11,288	11,056	11,150	11,654	+4.5%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
CFO/OP	120%	71%	160%	455%	+184.4%
Cash from Operating Activity	111	192	457	413	-9.6%
Cash from Investing Activity	32	178	518	-137	-126.4%
Cash from Financing Activity	-1,108	-808	-898	-511	+43.1%
Net Cash Flow	-964	-438	77	-236	-406.5%
Free Cash Flow	173	263	238	286	+20.2%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	59	59	63	74	+17.5%
Cash Conversion Cycle	59	59	63	74	+17.5%
Working Capital Days	158	48	72	424	+488.9%
ROCE %	2%	2%	3%	1%	-66.7%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	% Chg
Promoters	67.99%	67.99%	67.99%	67.99%	67.99%	67.99%	+0.0%
FIIs	11.83%	11.83%	11.82%	11.77%	11.73%	11.63%	-0.9%
DIIs	0.01%	0.01%	0.01%	0.01%	0.06%	0.06%	+0.0%
Government	0.00%	0.00%	0.05%	0.05%	—	—	—
Public	20.15%	20.17%	20.13%	20.19%	20.22%	20.32%	+0.5%
No. of Shareholders	63,439	62,220	60,795	59,089	58,132	57,002	-1.9%

⚖️ Peer comparison

Industry: Computers - Software - Medium / Small · top 25 of 126 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	BBOX Black Box	₹795.75	14,132	63.0	6,323	218	8.7%	3.5%	6.0%	6.7%	9.5%	7.5%
2	E2E E2E Networks	₹590.40	12,130	103.4	546	117	70.9%	21.5%	49.8%	-132.8%	410.9%	640.2%
3	CYIENT Cyient	₹1,054.50	10,978	30.3	7,632	414	12.3%	5.4%	-1.3%	-28.6%	21.3%	-30.9%
4	RATEGAIN Rategain Travel	₹837.10	9,913	40.8	2,336	242	19.7%	10.4%	69.4%	-6.9%	187.6%	102.2%
5	BLS BLS International	₹226.74	9,331	13.2	3,179	745	27.3%	23.4%	36.7%	34.1%	25.3%	11.4%
6	INTELLECT Intellect Design	₹652.10	9,098	25.6	3,181	351	19.0%	11.0%	21.5%	2.7%	20.4%	8.7%
7	BSOFT BIRLASOFT	₹281.25	7,865	13.7	5,405	573	20.0%	10.6%	-1.2%	0.2%	7.4%	51.9%
8	NEWGEN Newgen Software	₹478.45	6,763	21.6	1,611	314	25.8%	19.5%	5.9%	-4.6%	11.3%	26.7%
9	SONATSOFTW Sonata Software	₹241.15	6,675	14.6	10,701	463	7.6%	4.3%	5.4%	8.9%	-3.1%	20.4%
10	TANLA Tanla Platforms	₹499.70	6,599	12.4	4,603	533	16.5%	11.6%	9.7%	0.4%	17.8%	20.1%
11	LATENTVIEW Latent View	₹255.60	5,293	27.0	1,111	199	21.8%	17.9%	25.0%	16.8%	21.6%	-7.6%
12	EMUDHRA eMudhra	₹642.30	5,270	46.0	745	117	23.3%	15.7%	35.1%	27.9%	29.5%	27.9%
13	KODYTECH Kody Technolab	₹3,550.00	5,074	223.8	84	22	32.7%	26.5%	—	—	59.9%	104.9%
14	MAPMYINDIA C.E. Info	₹900.00	4,928	35.8	492	139	35.6%	28.2%	2.2%	-9.1%	14.9%	10.0%
15	MASTEK Mastek	₹1,589.50	4,928	11.8	3,769	417	15.9%	11.1%	7.0%	7.0%	7.7%	15.0%
16	HAPPSTMNDS Happiest Minds	₹318.35	4,784	21.6	2,394	223	16.9%	9.3%	12.3%	14.9%	14.3%	18.3%
17	MPSLTD MPS	₹2,654.90	4,507	24.0	806	188	32.0%	23.3%	5.7%	16.0%	20.4%	44.0%
18	DATAMATICS Datamatics Global	₹755.55	4,466	20.7	2,033	217	19.5%	10.7%	15.3%	-5.1%	9.9%	43.7%
19	63MOONS 63 moons	₹905.10	4,171	—	212	-37	-136.8%	-17.3%	122.3%	28.5%	2028.8%	1666.0%
20	MOSCHIP Moschip Technologies	₹200.33	3,906	230.5	501	17	7.7%	3.3%	29.3%	-10.2%	-14.1%	-98.0%
21	AURIONPRO Aurionpro Solutions	₹711.10	3,826	19.2	1,433	206	19.2%	14.4%	20.4%	11.6%	6.3%	-11.7%
22	NPST Network People	₹1,678.20	3,501	78.3	218	45	25.2%	20.6%	12.8%	-7.9%	66.6%	52.9%
23	CIGNITITEC Cigniti Technologies	₹1,260.10	3,471	11.5	2,211	302	17.1%	13.7%	-16.5%	14.3%	12.2%	26.3%
24	RSYSTEMS R Systems	₹254.70	3,018	15.6	2,230	193	16.9%	8.6%	18.3%	49.3%	30.2%	-26.7%
25	HGS Hinduja Global	₹377.95	1,758	n/m	3,685	4	1.9%	0.1%	-16.3%	-96.1%	-6.5%	-600.0%

❓ Frequently asked questions

What was Hinduja Global Solutions Limited's revenue in Q4 FY26?

What was Hinduja Global Solutions Limited's net profit in Q4 FY26?