ALFA Finder| Revenue growth | Flat operations revenue at ₹4,307cr; core digital business remains healthy. |
|---|---|
| Margins | EBITDA margins improved 200bps to 13.4% through disciplined cost rationalization. |
| Order book | 79 new logos signed; focus on multi-tower, integrated transformation contracts. |
| Demand visibility | Strong momentum in UK/Canada public sectors and AI-integrated transformation deals. |
| Management confidence | Confident but cautious; pivoting heavily toward AI-led service delivery models. |
Growth
79 new client wins in FY26 represent the strongest acquisition year, focused on higher-margin AI and digital solutions.
Outlook
Management expects FY27 recovery as AI pilots transition to production and Project Ganga connectivity scales.
Risks
Media segment continues to bleed with ₹175cr annual loss; legacy BPO volume erosion remains a headwind.
Last quarter's promises, checked
Delivered
- Connect 100 new towns (Mission Bharat) → Connected 50 towns in Phase 1 (= BEAT)
- Reduce bulk bandwidth cost to <38-40% → Delivered 35% (= BEAT)
- Maintain linear TV monthly churn <2% → Delivered <2% (= BEAT)
Partly delivered
- Revenue growth → Reported as 'muted' or 'soft' at 1.1% YoY (= PARTIAL)
- Digital/Media revenue mix shift → Currently 45% with 5-10% future shift target (= PARTIAL)
Earnings Call filed with BSE, NSE: HGS. Summary written with AI assistance from the document.
Hinduja Global Solutions Ltd: key numbers
- Share price
- ₹349.70
- Market cap
- ₹1,627 Cr
- Revenue (annual)
- ₹4,307 Cr
- Net profit (annual)
- ₹32.19 Cr
- P/E (TTM)
- -37.5×Sector 23.6×
- Promoter holding
- 67.99%+0.00% QoQ
- FII holding
- 11.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hinduja Global Solutions Ltd
All →Hinduja Global Solutions Other Announcement
KFin Technologies, the company's RTA, will shift its corporate office to Kokapet, Telangana, effective December 1, 2026. This is an administrative change with no financial impact.
Hinduja Global Solutions Merger & Restructuring
Hinduja Global Solutions updated on its subsidiary IMCL's plan to sell its entire stake in Bhima Riddhi and Vinsat to external buyers. Completion is taking longer, and both will cease to be step-down subsidiaries on completion.
Hinduja Global Solutions Board Meeting Date
HGS scheduled its board meeting for 12 Nov 2026 to approve unaudited Q3/H1 results. Trading window remains closed for designated persons until 48 hours post-announcement.
Hinduja Global Solutions Other Announcement
Hinduja Global Solutions has submitted the quarterly confirmation certificate regarding share dematerialization as required under Regulation 74(5) of the SEBI (DP) Regulations, 2018.
Hinduja Global Solutions Annual General Meeting
Hinduja Global Solutions Limited held its 31st Annual General Meeting on September 25, 2026. The proceedings covered financial adoption, dividend declaration, and re-appointment of directors.
Hinduja Global Solutions Annual Report
Hinduja Global Solutions Ltd filed a revised Annual Report for FY 2025-26 to correct typographical errors, with no impact on the company's reported financial balances.