Flash Finance

Hinduja Global Solutions LimitedHGSCorporate

Computers - Software - Medium / Small Latest results: Mar 2026 13 quarters of data
Consolidated Standalone
₹357.75
MCap ₹1,664 Cr
Hinduja Global Solutions Limited — Stock analysis & AI research Hinduja Global Solutions Limited — Multibagger AI analysis Hinduja Global Solutions Limited — Seasonality — best & worst months Hinduja Global Solutions Limited — Technical indicators & charts Hinduja Global Solutions Limited — Technical setup — score, trend, support & resistance Hinduja Global Solutions Limited — Live exchange announcements
📋 Stocks Below Book Value📋 High Promoter Holding Stocks 🏭 IT sector
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.
₹450 Cr
Sales · Mar 2026
+0.7% YoY
₹-11 Cr
Operating Profit · Mar 2026
-210.0% YoY
-2.4%
OPM % · Mar 2026
-209.1% YoY
₹-19 Cr
Net Profit · Mar 2026
+82.2% YoY
₹-4.08
EPS · Mar 2026
+82.2% YoY

📝 Hinduja Global Solutions Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Hinduja Global Solutions Limited reported revenue of ₹450 crore for the quarter ended March 2026 (Q4 FY26), up 0.7% from ₹447 crore in the same quarter last year, and up 0.9% sequentially over the December 2025 quarter.

The company reported a net loss of ₹19 crore, against a net loss of ₹107 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-4.08.

Operating profit stood at ₹-11 crore — an operating margin (OPM) of -2.4%, compared with 2.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Hinduja Global Solutions Limited posted revenue of ₹1,827 crore, a growth of 6.8% over FY25, with a net loss of ₹160 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,827 crore with a net loss of ₹160 crore.

Valuation snapshot

At the current price of ₹357.75, HGS has a market capitalisation of ₹1,664 crore.

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 ?
N/A
Industry P/E ?
18.20
P/B ?
0.64
P/S ?
0.91
P/FCF ?
-26.42
Enterprise Value ?
₹2,657 Cr
EV/EBITDA ?
-100.05
PEG ?
N/A
Earnings Yield ?
-10.4%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹1,827 Cr
OPM ?
-1.5%
Profit after tax (TTM) ?
₹-160 Cr
EPS (TTM) ?
₹-34.47
ROCE ?
-1.0%
ROE ?
-6.2%
ROA ?
-3.9%
Growth
Sales — latest qtr ?
₹450 Cr
PAT — latest qtr ?
₹-19 Cr
YoY qtr sales growth ?
0.7%
YoY qtr profit growth ?
82.2%
Sales growth (3y) ?
11%
Sales growth (5y) ?
28%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹993 Cr
Debt to Equity ?
0.38
Interest Coverage ?
-2.6
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
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 340349405408416411423430447462469446450 +0.7% +0.9%
Operating Profit 537238-45-7-310-4-3-9-11 -210.0% -28.5%
Other Income 72746734955924613240685591 +184.4% +66.4%
Interest 17202523223129302727282525 -7.4% +1.1%
Depreciation 55617070676563656462596168 +6.2% +11.2%
Profit Before Tax 5-4-20-3613-81-76-37-49-54-23-44-13 +73.5% +70.4%
Net Profit 37-5-19-2823-85-76-55-107-62-27-52-19 +82.2% +63.7%
EPS 7.05-1.11-4.02-6.014.91-18.31-16.31-11.78-22.98-13.36-5.82-11.25-4.08 +82.2% +63.7%
OPM % 1.5% 0.9% 1.7% 5.6% 1.9% -10.9% -1.7% -0.7% 2.2% -0.9% -0.6% -1.9% -2.4% -209.1% -26.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,711 Cr ₹1,827 Cr ₹1,827 Cr +6.8%
Operating Profit ₹-45 Cr ₹-27 Cr ₹-27 Cr +41.0%
OPM % -2.63% -1.45% -1.45% +44.9%
NPM % -18.89% -8.78% -8.78% +53.5%
Other Income ₹176 Cr ₹254 Cr ₹254 Cr +44.1%
Depreciation ₹257 Cr ₹250 Cr ₹250 Cr -2.7%
Interest ₹117 Cr ₹105 Cr ₹105 Cr -10.5%
EBIT ₹-302 Cr ₹-277 Cr ₹-277 Cr +8.4%
PBT ₹-243 Cr ₹-134 Cr ₹-134 Cr +45.0%
Tax — ₹8 Cr ₹8 Cr —
Net Profit ₹-323 Cr ₹-160 Cr ₹-160 Cr +50.4%
EPS ₹-69.38 ₹-34.51 ₹-34.51 +50.3%
Material Cost — ₹0 Cr ₹0 Cr —
Employee Cost — ₹217 Cr ₹217 Cr —
Extraordinary Items — ₹-4 Cr ₹-4 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 53474747 +0.0%
Reserves 4,3553,0562,6942,537 -5.8%
Borrowings 7831,0211,201993 -17.3%
Other Liabilities 538448492545 +10.8%
Total Liabilities 5,7284,5714,4344,121 -7.1%
Fixed Assets 1,0271,0041,128986 -12.6%
CWIP 2335 +66.7%
Investments 740863867868 +0.1%
Other Assets 3,9592,7012,4352,261 -7.1%
Total Assets 5,7284,5714,4344,121 -7.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -126-17-122-35 +71.3%
Cash from Investing Activity 3981,315382443 +16.0%
Cash from Financing Activity -725-1,509-340-414 -21.8%
Net Cash Flow -453-211-79-6 +92.4%
Free Cash Flow -76103-132-63 +52.3%
CFO/OP 80%65%115%25% -78.3%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 103877499 +33.8%
Cash Conversion Cycle 103877499 +33.8%
Working Capital Days 435791574 +393.3%
ROCE % 3%-0%-3%-1% +66.7%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 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 63,43962,22060,79559,08958,13257,002 -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?
Hinduja Global Solutions Limited reported revenue of ₹450 crore for the quarter ended March 2026 (Q4 FY26), up 0.7% from ₹447 crore in the same quarter last year, and up 0.9% sequentially over the December 2025 quarter.
What was Hinduja Global Solutions Limited's net profit in Q4 FY26?
The company reported a net loss of ₹19 crore, against a net loss of ₹107 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-4.08.
What is HGS's market capitalisation and P/E ratio?
At the current price of ₹357.75, HGS has a market capitalisation of ₹1,664 crore.
Who owns Hinduja Global Solutions Limited? (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.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI