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Hinduja Global Solutions Ltd

Company details

1,269.25
1,304.95
847.00
1,698.15
6M Return 0.45%
1Y Return -0.37%
Mkt Cap.(Cr) 6,816.57
Volume 6,071
Div Yield 13.47%
OI
-
OI Chg %
-
Volume 6,071

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Hinduja Global Solutions Ltd.

Q1FY23 Quarterly Result Announced for Hinduja Global Solutions Ltd.

Hinduja Global Solutions announced Q1FY23 Result :

  • Strong revenue growth of 14.1% YoY
  • Net profit of Rs. 732.7 million, a 9x growth YoY
  • Interim Dividend of Rs 5/ share
  • Hon’ble NCLT has directed to convene the meeting of Equity Shareholders on September 02, 2022 for considering approval of scheme of arrangement for acquisition of the media & digital business of NXTDIGITAL Limited
  • Overall revenues for HGS’ digital-enabled CX solutions and HRO/ payroll business stood at Rs. 9,120.46 million, a growth of 14.1% YoY.
  • EBITDA for the quarter was Rs. 384.5 million.
  • Net profit increased to Rs. 732.7 million, a growth of 867.9 % YoY.
  • Capital expenditure for the quarter was Rs. 263 million.
  • As on 30th June, 2022, Net Cash stood at Rs. 33,709 million.
  • Interim dividend of Rs. 5 / share.

Speaking on the results, Partha DeSarkar, Executive Director and Group CEO of HGS said: “HGS has begun FY2023 on a strong note. Revenue for Q1 FY2023 grew by 14.1% YoY to Rs. 9,120.46 million, while we significantly improved PAT. In a challenging economic environment, we are witnessing strong demand for our customer experience (CX) business across all our geographies. Our offshore delivery in Philippines and India is ramping up significantly; we also launched a new delivery center in Mysore in July to cater to the growing demand. Diversify, which we acquired in Q4 FY2022, has performed well and delivered EBITDA margins of 22.4%.

HGS continues to expand our solutions portfolio across RPA, analytics, AI, cloud and social care, etc., to target fastgrowing micro-verticals. Our focus is paying off as we have signed 28 digital-led engagements with clients in the June quarter. Looking ahead, we are focusing on strong revenue growth and improvement in margins. We plan to strengthen our capabilities, set up new centers and hire significantly to support new client wins as we take forward the HGS 2.0 journey.

The proposed buyback of around Rs. 9,750 million, based on the audited results for FY2022, will be announced at a later date upon completion of requisite approvals and in compliance of relevant provisions of the Companies Act, SEBI Listing Regulations and SEBI Buy-back Regulations. We expect this to take place in second half of FY2023.”

Result PDF

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 7,808.42 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

Hinduja Global Solutions Limited - Copy of Newspaper Publication

Feb 01, 2023 l NSE Announcement

Hinduja Global Solutions Limited - Buyback

Jan 31, 2023 l NSE Announcement

Hinduja Global Solutions Limited - Record Date

Jan 30, 2023 l NSE Announcement

Date Action Type Ratio
Dec 07, 2022 Dividend 50
Sep 23, 2022 Dividend 250
Aug 24, 2022 Dividend 50

INFORMATION

Stock PE (TTM)

28.14

Promoter Holding

66.59%

Book Value

1610.2899

ROCE

2.5%

ROE

125.01%

Description

  • HTMT Global Solutions Ltd is one of the largest transnational business conglomerates in the world. The company provides information technology enabled services in India and internationally. They offer professional IT staffing, claims processing, call center, software development, and consulting services. They also provide customer relationship management programs integrating inbound contact centre, Internet, database marketing, market research, closed loop lead management, and fulfillment services. The company offers services in verticals like automotive, banking and financial services, consumer electronics, energy and utilities, government/public sector, healthcare and insurance, household and consumer products, logistics and transportation, media and entertainment, pharmaceuticals and life sciences, technology and telecommunications. They are having 20 delivery centres across US, Canada, Mauritius, Philippines and India, all working towards creating leaders out of their clients. HTMT Global Solutions Ltd was incorporated on January 13, 1995 as Tele Video Communications India Pvt. Ltd with the objective of carrying out the activities relating to media business. The company was converted into a public company on May 20, 2006. During the year 2006-07, the company`s name was changed form Tele Video Communication India Ltd to HTMT Technologies Ltd and then to HTMT Global Solutions Ltd. In November 2006, the company acquired Affina in Illinois State which has multiple centres in Peoria, Waterloo, St Louis, El Paso and Montreal, has significantly added to the Company`s delivery capabilities and global footprint. The Information Technology and Information Technology Enabled Services, undertaking of Hinduja TMT Ltd was demerged and transferred to the company on a going concern basis with the appointed date, October 1, 2006 and thus Source1 HTMT Inc, USA, Affina LLC, USA, HTMT Europe Ltd, UK, Hinduja TMT France, Customer Contact Center Inc, Philippines, CCubed (Antilles) NV, C-Cubed BV, Pacific Horizon Ltd became the subsidiary company. The equity shares of the company were listed on the BSE and NSE on June 19, 2007. HTMT Global solutions Ltd was ranked among top 15 ITES-BPO exporters for the financial year 2006-07 by NASSCOM. They are ranked No 2 in the Best performing Call Center Firms worldwide in the Global Services 100 survey conducted by Neo IT & Global Services Magazine in January 2008. Also, they were the winner of ICT Innovation Award 2008. In June 2008, the company expanded their footprint to Chennai by inaugurating their second delivery centre at Nandambakkam. With this, the company has 11 delivery centres across India in Bangalore, Chennai, Durgapur, Hyderabad, Mumbai and Mysore.

Registered Address

Hinduja House 171, Dr Annie Besant Road Worli, Mumbai, Maharashtra, 400018

Tel : 91-022-24960707
Email : investor.grievances:hindujagsl.com
Website : http://www.hindujagsl.com

Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532859
NSE Code : HGS
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE170I01016

ICICIdirect Hinduja Global Solutions Ltd FAQ

You can buy Hinduja Global Solutions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Hinduja Global Solutions Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 03, 2023 04:01 PM the closing price of Hinduja Global Solutions Ltd was ₹ 1,297.90.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 03, 2023 04:01 PM, the market cap of Hinduja Global Solutions Ltd stood at ₹ 6,816.57.
The latest PE ratio of Hinduja Global Solutions Ltd as of Feb 03, 2023 04:01 PM is 28.14
The latest PB ratio of Hinduja Global Solutions Ltd as of Feb 03, 2023 04:01 PM is 1.24
The 52-week high of Hinduja Global Solutions Ltd is ₹ 1,698.15 while the 52-week low is ₹ 847.00

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