ALFA Finder| Revenue growth | FY26 revenue ₹4,307.4cr, headline numbers flat but showing stabilization. |
|---|---|
| Margins | 200 bps margin improvement through cost rationalization in real estate/tech. |
| Order book | CelerityX TCV increased 5x during the year. |
| Demand visibility | Strong pipeline; 79 new clients signed in FY2026. |
| Management confidence | High; resumed dividend (₹5/share) citing liquidity and future outlook. |
Growth
FY2026 revenue at ₹4,307 crore; EBITDA ₹648.6 crore (13.4% margin). Q4 showed recovery signals despite legacy runoffs.
Outlook
Positioning FY2027 as a rebuild year; focus on AI-led solutions and Project Ganga connectivity in Uttar Pradesh.
Risks
Headwinds in linear television/Media business; client concentration risks being mitigated via portfolio rebalancing.
Last quarter's promises, checked
Delivered
- Connect 100 new towns under Mission Bharat → Delivered 50 towns in Q3 (on track for FY27) (= BEAT)
- Reduce bulk bandwidth cost to 38-40% → Delivered 35% (= BEAT)
- Maintain linear TV ARPU at Rs. 122 → Delivered Rs. 122 (= BEAT)
Partly delivered
- Shift revenue mix to Digital (5-10% shift) → Delivered 45% combined Media/Digital (ongoing) (= PARTIAL)
- Margin expansion over top-line → Delivered 170 bps sequential EBITDA margin decline (= PARTIAL)
Missed
- Near-term top-line acceleration → Delivered -1.4% sequential revenue decline (= MISS)
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.