| Revenue growth | FY26 revenue down 2.2% YoY to ₹4,307.4 crore. |
|---|---|
| Margins | FY26 EBITDA margin at 13.4%; Q4 margin improved to 15.7%. |
| Order book | Best-ever year for new signings with 79 across BPM and Digital. |
| Demand visibility | Strong pipeline across service lines; 79 new client wins in FY26. |
| Management confidence | Confident in 'Realized AI' strategy and digital inclusion projects. |
Growth
FY26 revenue fell 2.2% YoY; EBITDA dropped 20.1% YoY to ₹648.6 cr. Q4 revenue grew 0.9% QoQ.
Outlook
Project GANGA targets 2M household connections and 100k jobs. Final dividend of ₹5/share recommended for FY26.
Risks
Industry-wide challenges in pay TV; DTV vertical focusing on cost optimization. Net profit (PAT) declined YoY.
Last quarter's promises, checked
Delivered
- Connect 100 new towns → 50 connected in Q3 (= BEAT)
- Reduce bulk bandwidth cost below 38-40% → 35% achieved (= BEAT)
- Shift revenue mix toward Digital/Media → 45% contribution achieved (= BEAT)
Partly delivered
- Volume ramp-up cycle reduction → 30-40% reduction reported (= PARTIAL)
Missed
- Margin expansion priority → Q3 EBITDA margin 11.2% vs 9M 12.5% (= MISS)
Earnings Call filed with BSE, NSE: HGS. Summary written with AI assistance from the document.
Hinduja Global Solutions Ltd: key numbers
- Share price
- ₹376.60
- Market cap
- ₹1,752 Cr
- Revenue (annual)
- ₹4,307 Cr
- Net profit (annual)
- ₹32.19 Cr
- P/E (TTM)
- -40.3×Sector 22.1×
- Promoter holding
- 67.99%+0.00% QoQ
- FII holding
- 11.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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