Hinduja Global Solutions (HGS)₹347.00−1.14%Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
In the Jun 2026 quarter (consolidated), Hinduja Global Solutions reported sales of ₹1,047 Cr, down 0.5% from Jun 2025, and net profit of −₹66.24 Cr, down 700.5% year on year. For the year to Mar 2026, sales were ₹4,294 Cr and net profit ₹5.01 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,175 | 1,199 | 1,095 | 1,087 | 1,083 | 1,059 | 1,156 | 1,052 | 1,087 | 1,071 | 1,082 | 1,047 |
| Expenses | 1,082 | 1,089 | 1,032 | 1,075 | 1,053 | 1,000 | 1,018 | 1,028 | 1,064 | 1,058 | 1,057 | 1,085 |
| Operating Profit | 97.89 | 115 | 65.94 | 16.98 | 33.95 | 63.96 | 142 | 28.97 | 25.97 | 16.99 | 26.97 | −33.96 |
| OPM % | 8.0% | 10.1% | 6.0% | 1.5% | 3.2% | 6.0% | 12.1% | 2.7% | 2.4% | 1.6% | 2.5% | −3.3% |
| Other Income | 108 | 91.11 | 159 | 346 | 120 | 171 | 137 | 189 | 132 | 203 | 165 | 151 |
| Interest | 45.92 | 47.88 | 50.90 | 55.88 | 61.85 | 55.90 | 54.85 | 57.87 | 53.94 | 46.90 | 47.91 | 45.88 |
| Depreciation | 135 | 141 | 133 | 131 | 133 | 138 | 121 | 128 | 118 | 123 | 135 | 124 |
| Profit before tax | 24.99 | 15.99 | 40.96 | 174 | −40.93 | 40.98 | 103 | 30.99 | −13.98 | 49.95 | 8.99 | −52.99 |
| Tax % | 25.0% | 50.0% | −112.0% | 7.0% | 24.0% | 120.9% | 102.0% | 64.0% | 92.0% | 31.0% | 246.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 220 | 0.00 | 0.00 | 0.00 | 57.24 | 0.00 | 84.38 | 7.02 | 0.00 |
| Net Profit | 18.05 | 8.02 | 88.30 | 163 | −51.19 | −9.04 | −2.01 | 11.03 | −27.09 | 34.10 | −14.04 | −66.24 |
| EPS (Rs) | 3.82 | 2.19 | 19.47 | 35.65 | −9.76 | −0.58 | 0.83 | 3.76 | −4.21 | 9.17 | −1.79 | −12.54 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,307 | 3,696 | 3,834 | 4,451 | 4,967 | 2,593 | 4,256 | 4,487 | 4,600 | 4,385 | 4,294 | 4,286 |
| Expenses | 3,009 | 3,292 | 3,438 | 4,053 | 4,319 | 2,518 | 3,999 | 4,255 | 4,255 | 4,139 | 4,209 | 4,265 |
| Operating Profit | 311 | 418 | 409 | 419 | 666 | 80.97 | 271 | 248 | 360 | 263 | 98.88 | 35.97 |
| OPM % | 9.0% | 11.1% | 11.1% | 9.1% | 13.0% | 3.1% | 6.0% | 6.0% | 8.0% | 6.0% | 2.3% | 0.8% |
| Other Income | 26.03 | 23.04 | 21.01 | 47.01 | 58.05 | 353 | 6,232 | 581 | 472 | 774 | 689 | 652 |
| Interest | 39.93 | 42.94 | 34.95 | 39.92 | 93.85 | 34.95 | 161 | 141 | 188 | 233 | 207 | 195 |
| Depreciation | 136 | 143 | 141 | 177 | 290 | 117 | 344 | 454 | 532 | 522 | 503 | 499 |
| Profit before tax | 160 | 255 | 254 | 247 | 339 | 282 | 5,989 | 232 | 110 | 278 | 75.94 | −8.03 |
| Tax % | 37.0% | 30.0% | 22.0% | 29.0% | 39.0% | −19.1% | −1.0% | −44.1% | −19.0% | 64.0% | 93.0% | — |
| Exceptional items | 0.00 | 0.00 | −11.05 | 0.00 | −13.06 | −113 | −71.24 | 83.35 | 30.12 | 0.00 | 130 | 91.40 |
| Net Profit | 100 | 180 | 200 | 177 | 207 | 337 | 6,079 | 335 | 131 | 101 | 5.01 | −73.27 |
| EPS (Rs) | 24.34 | 43.34 | 48.32 | 42.58 | 48.52 | 80.48 | 1,447.86 | 63.36 | 28.66 | 26.14 | 6.93 | −9.37 |
| Dividend payout % | 31.1% | 12.1% | 10.1% | 12.1% | 21.0% | 25.1% | 15.1% | 24.0% | 24.1% | 0.0% | 72.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20.94 | 20.95 | 20.95 | 20.93 | 20.95 | 20.95 | 20.94 | 41.86 | 52.82 | 46.86 | 46.84 | 46.89 |
| Reserves | 1,056 | 1,172 | 1,321 | 1,502 | 1,627 | 1,703 | 2,070 | 8,054 | 8,510 | 7,458 | 7,679 | 8,293 |
| Borrowings | 639 | 835 | 660 | 584 | 590 | 603 | 1,176 | 1,405 | 995 | 2,102 | 1,937 | 1,961 |
| Other Liabilities | 359 | 408 | 439 | 513 | 716 | 1,716 | 1,078 | 2,116 | 1,735 | 1,455 | 1,502 | 1,367 |
| Total Liabilities | 2,073 | 2,436 | 2,439 | 2,619 | 2,954 | 4,042 | 4,344 | 11,616 | 11,292 | 11,062 | 11,164 | 11,667 |
| Fixed Assets | 769 | 933 | 946 | 915 | 1,029 | 1,726 | 1,573 | 2,169 | 2,801 | 2,745 | 2,911 | 2,889 |
| CWIP | 3.99 | 13.98 | 31.92 | 0.99 | 4.99 | 4.99 | 2.99 | 8.98 | 12.98 | 12.98 | 8.98 | 15.98 |
| Investments | 9.03 | 10.03 | 5.02 | 11.03 | 15.05 | 10.03 | 5.02 | 2,490 | 2,760 | 3,311 | 3,656 | 4,156 |
| Other Assets | 1,292 | 1,478 | 1,456 | 1,691 | 1,905 | 2,301 | 2,764 | 6,948 | 5,718 | 4,992 | 4,588 | 4,606 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.03 | 17.05 | 17.04 | 26.08 | 31.07 |
| Trade receivables | 410 | 460 | 464 | 825 | 1,168 | 990 | 1,233 | 709 | 734 | 746 | 765 | 873 |
| Cash & equivalents | 354 | 375 | 374 | 474 | 326 | 534 | 536 | 3,563 | 1,209 | 880 | 855 | 689 |
| Total Assets | 2,073 | 2,436 | 2,439 | 2,619 | 2,954 | 4,042 | 4,344 | 11,616 | 11,292 | 11,062 | 11,164 | 11,667 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 192 | 147 | 410 | 344 | 170 | 887 | 695 | 532 | 111 | 193 | 458 | 414 |
| Cash from investing activity | −62.04 | −186 | −120 | −55.01 | −226 | −367 | −217 | 1,872 | 32.05 | 178 | 518 | −137 |
| Cash from financing activity | −90.27 | −69.19 | −247 | −136 | −83.26 | −311 | −478 | −869 | −1,111 | −810 | −901 | −513 |
| Net cash flow | 39.88 | −109 | 42.90 | 152 | −138 | 207 | −0.99 | 1,530 | −962 | −437 | 76.71 | −235 |
| Capex | 164 | 255 | 183 | 133 | 195 | 118 | 158 | 499 | 296 | 186 | 245 | 133 |
| Free cash flow | 29.13 | −106 | 230 | 223 | −16.05 | 774 | 541 | 99.40 | 174 | 264 | 239 | 287 |
| CFO / OP % | 87.0% | 65.0% | 116.0% | 93.0% | 59.0% | 153.0% | 1,011.0% | 433.0% | 120.0% | 71.0% | 160.0% | 455.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Cash conversion cycle | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Working capital days | 42 | 24 | 13 | 5 | 38 | 31 | 111 | −11 | 158 | 48 | 72 | 424 |
| ROCE % | 11.9% | 10.9% | 15.0% | 15.0% | 12.9% | 20.0% | 1.0% | 2.0% | 2.0% | 2.0% | 3.0% | 1.0% |
For the Jun 2026 quarter, Hinduja Global Solutions reported sales of ₹1,047 Cr, down 0.5% year on year and net profit of −₹66.24 Cr, down 700.5% year on year. The operating margin was −3.3%.
Hinduja Global Solutions' sales for the year to Mar 2026 were ₹4,294 Cr; over the last twelve months they were ₹4,286 Cr.
Net profit for the year to Mar 2026 was ₹5.01 Cr, and −₹73.27 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−9.37.
Hinduja Global Solutions reported borrowings of ₹1,961 Cr at Mar 2026, against cash and equivalents of ₹689 Cr.
Cash from operations was ₹414 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹287 Cr.