Investor presentationSep 2026
Sep 2026 · PPT
Source: Bse
Hinduja Global Solutions Limited (HGS)
Small CapIT stocks · Small cap · NSE
Hinduja Global Solutions Limited operates in BPO, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:07 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
57Neutralfull bear SMA stack · SMA20 -7.0% / mo · RSI oversold · MACD + · near 52W low · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 28
Sector RS: 100
Sector 3M: +8.9% vs Nifty 500 -5.6%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HGSD candles · FIT view-14.2%Latest close ₹351.00 on 2026-10-19
Bar
-1.1%
RSI
29
MACD hist
0.19
52W pos
4%
2026-10-19O ₹355.00H ₹357.70L ₹347.10C ₹351.00Vol 14,072 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HGSNifty ITNifty 500
- HGS
- -18.3%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- -12.8 pp
Chart stats
19 Oct 2026- From 52W high
- -35.6%
- 52W range position
- 4%
- ATR (14)
- 2.8%
- Volume vs 20D
- 1.25x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹347.1 - ₹386.2
₹545
₹342.1 - ₹545
₹9.7
Latest completed session
20-session average
15.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED31
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -0.6% · PAT -700.0% YoY
Technical
Neutral57
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -1% YoY · PAT -700% YoY · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,050 Cr | -0.6% | -3.2% |
| EBITDA | ₹-34 Cr | -217.2% | -225.9% |
| Operating margin | -3.3% | -600 bps | -580 bps |
| PAT | ₹-66 Cr | -700.0% | NDF |
| PAT margin | -6.3% | -733 bps | -500 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 0.20
- EV/EBITDA
- 7.10
- Market Cap
- 1698.00Cr
Profitability
- ROE
- 0.39%
- ROCE
- 1.46%
- ROA
- -0.62%
- Dividend Y
- 1.37%
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- -41.00%
- Revenue 3Y
- -1.00%
- EPS 3Y
- -50.00%
Balance Sheet
- Debt/Equity
- 0.25
- Interest Coverage
- 0.19×
- Altman Z
- 1.97
- Book Value
- 1788.00
Cash Flow
- FCF Yield
- 19.38%
- FCF Positive Y
- 10/5
- OCF
- 413.00 Cr
- EPS TTM
- -9.34
Shareholding
- Promoter Hold
- 67.99%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 11%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 1,050-3.2% vs prev
Net Profit
₹ CrLatest: -66.0-371.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 29. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.6% over last month) — short-term momentum negative.
- RSI(14) at 29 — oversold zone; bounce conditions.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
22
RS percentile
Stage 1 Base / Transition
1M return
-7.5%
3M return
-18.3%
6M return
-15.5%
1Y return
-33.8%
RS 1D
0
RS 20D
-9
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is 12.6% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 71.34-0.88%
RS vs Nifty 50071
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation7/30
Growth3/25
Quality0/20
Balance Sheet9/15
Cash Flow8/10
Piotroski
5/9 (+3)
Penalties
1
Raw sum
31
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
31/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 19.4%.
- Cash flow contributes 8/10 to the score.
- Balance sheet contributes 9/15 to the score.
Main drags
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 3/25; verify the latest quarterly trend.
- Valuation is weaker at 7/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
—
PB
0.2
EV/EBITDA
7.1
ROE
0.4%
ROCE
1.5%
FCF Yield
19.4%
Debt/Equity
0.3
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
31
Previous: 31
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
31
31
31
31
31
31
31
31
31
31
31
31
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
1.1
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SAGILITY
Small
SAGILITY LIMITED
IT Services / Digital
match 141
39
20.0
10.6%
-47%
WATCHLIST
AURUM
Small
Aurum PropTech Limited
IT Services / Digital
match 139
40
143.0
-3.8%
+28%
WATCHLIST
IKIO
Small
IKIO Technologies Limited
IT Services / Digital
match 139
29
32.0
7.1%
-83%
OVERVALUED
RACLGEAR
Small
RACL Geartech Limited
IT Services / Digital
match 138
42
36.7
17.0%
-11%
WATCHLIST
CNL
Small
Creative Newtech Limited
IT Services / Digital
match 138
46
21.9
18.8%
+25%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Hinduja Global Solutions Limited operates in BPO, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 26th percentile within IT. Main check: results consistency is weak at 17/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
142 docs text-extracted · 41 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · IT: 26th pctile, median 69 · Small: 32nd pctile, median 66
Evidence depth
Financial-only
142 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
59
watch · leverage and solvency
Discipline
32
weak · capital discipline
Results
17
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 68%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 17.7%.
- ▸10 years of positive FCF.
Trust risks
- ▸4 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 0.2x.
- ▸ROCE is low at 1.5%.
- ▸ROE is low at 0.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Hinduja Global Solutions Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Letter Sent To Members 4 Sep - HGS dispatched FY2025-26 annual report and AGM notice; AGM scheduled for September 25, 2026.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 25 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper advertisement for transfer of equity shares of the Company to IEPF.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Special Window for re-lodgement of transfer requests of physical shares.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jun - Newspaper Clippings - Special window for re-lodgement of transfer requests of physical shares
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Jun - UP CM launches Project GANGA with HGS broadband to connect 20 lakh homes in 2–3 years.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Jun - Newspaper advertisement for transfer of equity shares to IEPF.
Source: Bse
Announcement
Intimation Of Q4 & FY 2025-26 Earnings Call - Reschedulement 21h - HGS rescheduled its Q4 and FY2026 earnings call from June 2 to June 5, 2026.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.