Is HandsOn Global Management (HGM) Ltd (HGM) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HandsOn Global Management (HGM) Ltd is a average quality company .

Is HandsOn Global Management (HGM) Ltd (HGM) undervalued or overvalued?

The key valuation ratios of HandsOn Global Management (HGM) Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is HandsOn Global Management (HGM) Ltd (HGM) share price return in the past 10 years?

HandsOn Global Management (HGM) Ltd share price has declined -3.8% annually (CAGR) over the past ten years.

Is HandsOn Global Management (HGM) Ltd (HGM) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of HandsOn Global Management (HGM) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of HandsOn Global Management (HGM) Ltd (HGM)?

Company share prices are keep on changing according to the market conditions. The current trading price of HandsOn Global Management (HGM) Ltd (HGM) on 17-Apr-2026 16:59:59 at 16:59 is 55.03.

What is the P/E ratio of HandsOn Global Management (HGM)?

The latest standalone P/E ratio of HandsOn Global Management (HGM) as of 17-Apr-2026 is 12.98.

What is the P/B ratio of HandsOn Global Management (HGM) Ltd (HGM)?

The latest standalone P/B ratio of HandsOn Global Management (HGM) Ltd (HGM) as of 17-Apr-2026 is 1.96.

What is the 52-week high and low of HandsOn Global Management (HGM) Ltd (HGM)?

The 52-week high of HandsOn Global Management (HGM) Ltd (HGM) is Rs. 84.80 and the 52-week low is Rs. 42.15.

HandsOn Global Management (HGM) Ltd (HGM) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: HandsOn Global Management (HGM) Ltd (HGM)
Brand: HandsOn Global Management (HGM)

Key Metrics

Market Cap

₹70 Cr.

P/E Ratio

12.98

Price to Book (P/B)

1.96

Price to Sales (P/S)

1.39

EV/EBITDA

6.88

Return on Capital Employed (ROCE)

16.42%

Current Price

₹55

Return on Equity (ROE)

14.21%

Return on Assets (ROA)

12.11%

Operating Profit Margin

15.6%

Net Profit Margin

18.8%

Gross Profit Margin

25.8%

Book Value per Share

₹28.5

Sales Growth (YoY)

39.39%

Sales Growth (3 Years)

30.72%

Operating Profit Growth (1 Year)

39.44%

Operating Profit Growth (3 Years)

16.92%

Net Profit Growth (1 Year)

-10.59%

52-Week Low / High

₹42 / 85

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

50.42%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of HandsOn Global Management (HGM) Ltd?

HandsOn Global Management (HGM) Ltd revenue growth is 39.4% for FY-2025 , which is above its 5 year CAGR of 15.4% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of HandsOn Global Management (HGM) Ltd?

Promoters hold 50.42% of the HandsOn Global Management (HGM) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of HandsOn Global Management (HGM) Ltd vs industry peers?

HandsOn Global Management (HGM) Ltd revenue CAGR is 15.42% , compared to the industry median CAGR of 4.16% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does HandsOn Global Management (HGM) Ltd belong to?

HandsOn Global Management (HGM) Ltd belongs to the IT & ITES sector, operating specifically within the BPO/ITeS segment.

Q.1 Stock return of HandsOn Global Management (HGM) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -3.8% based on the current price.

DeciZen - make an informed investing decision on HandsOn Global Manag

Based on:

Data

M-Cap below 100cr DeciZen not available

HandsOn Global Management (HGM) stock performance

Key Ratios

Is HandsOn Global Management (HGM) Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	2.9%	2.7%	-8.5%	2.8%	-103.7%	113.2%	-115.7%	16.7%	22.8%	16.4%	-
Value Creation Index ⓘ	-0.8	-0.8	-1.6	-0.8	-8.4	7.1	-9.3	0.2	0.6	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	13.5	13.7	12.6	10.5	11	9.7	10.1	12.1	16.1	22.5	51
Sales YoY Gr.	-	1%	-8.1%	-16%	4.1%	-11.9%	4.1%	19.9%	33.7%	39.4%	-
Adj EPS ⓘ	1.1	1	-1.3	0.9	-13.1	16	-14.1	1.8	2.5	3.1	4.3
YoY Gr.	-	-11.2%	-239%	NA	-1593.2%	NA	-188.4%	NA	44.3%	21.7%	-
BVPS (₹) ⓘ	69.2	70.1	63.1	64.1	17.4	67.1	16.3	18.3	22	25.2	28.5
Adj Net Profit ⓘ	1.3	1.2	-1.7	1.1	-16.5	20.1	-17.8	2.2	3.2	3.9	5
Cash Flow from Ops. ⓘ	-0.9	1.8	11.3	2.6	-2.6	1.7	-0.1	2.1	-1.3	-1.3	-
Debt/CF from Ops. ⓘ	-7.7	3.3	0.5	1.7	-1.4	1.5	-10.2	0.2	-0.3	-0.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.8%	15.4%	30.7%	39.4%
Adj EPS ⓘ	12.5%	NA	NA	21.7%
BVPSⓘ	-10.6%	7.7%	15.8%	14.9%
Share Price	-3.8%	4.3%	14.1%	13.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	1.6	1.4	-2	1.4	-32.3	37.8	-33.9	10.2	12.6	13.1	16
Op. Profit Mgn % ⓘ	4.9	5.4	6.7	7.3	19.2	23.7	21.8	18.4	15.5	15.6	13.6
Net Profit Mgn % ⓘ	9.9	8.7	-13.2	10.5	-150.7	208.3	-176.9	18.4	19.9	17.3	10.7
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.2	0	0.1	0	0	0	-
Working Cap Days ⓘ	351	253	190	171	228	310	331	337	251	262	137
Cash Conv. Cycle ⓘ	67	86	86	84	104	160	151	140	138	161	104

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	4.3	0.3
TTM Sales (₹ Cr.)	50.6	52.3
BVPS (₹) ⓘ	28.5	16.4
Reserves (₹ Cr.) ⓘ	23	8
P/BV ⓘ	1.96	3.42
PE ⓘ	12.98	166.78

From the Market
52 Week Low / High (₹)	42.15 / 84.80
All Time Low / High (₹)	20.00 / 396.60
Market Cap (₹ Cr.)	70.4
Equity (₹ Cr.)	12.6
Face Value (₹)	10
Industry PE ⓘ	21.5

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of HandsOn Global Manag - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	13.51	13.65	12.55	10.54	10.97	9.66	10.06	12.06	16.12	22.47
Operating Expenses > ⓘ +	12.84	13	11.73	9.78	8.86	7.50	7.87	9.84	13.62	18.97
Manufacturing Costs	0.39	0.36	0.38	0.41	0.50	0.29	0.30	0.39	0.41	0.81
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	10.22	9.96	8.85	7.14	6.78	5.81	6.26	8.16	12.09	17.14
Other Costs > ⓘ	2.24	2.68	2.50	2.23	1.58	1.40	1.30	1.29	1.12	1.02
Operating Profit > ⓘ	0.66	0.65	0.82	0.76	2.11	2.16	2.19	2.21	2.51	3.50
Operating Profit Margin (%)	4.9%	4.8%	6.5%	7.3%	19.2%	22.3%	21.8%	18.4%	15.5%	15.6%
Other Income > ⓘ +	2.41	2.02	1.91	1.67	1.85	1.44	1.67	2.15	1.91	2.47
Exceptional Items > ⓘ	0	0	-10.23	0	-60.69	60.69	-66.08	0	2.07	0
Interest > ⓘ	0.89	0.77	0.66	0.55	0.60	0.40	0.23	0.17	0.13	0.17
Depreciation > ⓘ	0.36	0.18	0.10	0.09	0.55	0.62	0.62	0.60	0.63	1
Profit Before Tax > ⓘ	1.83	1.72	-8.26	1.80	-57.89	63.25	-63.07	3.58	5.73	4.80
Tax > ⓘ	0.44	0.59	0.58	0.51	0.81	0.75	0.87	0.97	1.01	0.57
Profit After Tax	1.39	1.13	-8.84	1.28	-58.70	62.50	-63.94	2.61	4.72	4.22
PAT Margin (%)	10.3%	8.3%	-70.4%	12.2%	-535.0%	647.3%	-635.0%	21.7%	29.3%	18.8%
Adjusted EPS (₹)	1.1	0.9	-7.1	1.0	-46.6	49.7	-50.8	2.1	3.8	3.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	86.74	87.90	79.11	80.64	21.89	84.42	20.48	23.06	27.67	31.79
Share Capital ⓘ	12.53	12.53	12.54	12.59	12.59	12.59	12.60	12.60	12.60	12.60
Reserves ⓘ	74.21	75.37	66.58	68.06	9.30	71.83	7.89	10.47	15.08	19.20
Debt +	6.05	5.23	4.28	3.24	2.05	0.69	0	0	0	0
Long Term Debt	6.05	5.23	4.28	3.24	2.05	0.69	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.97	0.90	0.75	0.78	0.96	0.67	0.67	0.93	0.83	2.32
Others Liabilities ⓘ	2.87	0.27	0.58	1.12	2.43	2.62	3.57	2.60	2.84	4.32
Total Liabilities ⓘ	96.63	94.31	84.72	85.78	27.34	88.40	24.72	26.59	31.35	38.43
Fixed Assets
Net Fixed Assets ⓘ +	0.41	0.24	0.31	0.42	1.36	1.06	2.41	2	1.37	1.48
Gross Block	3.54	0.42	0.57	0.76	2.26	2.53	4.49	4.59	4.65	5.76
Accumulated Depreciation	3.13	0.18	0.26	0.34	0.90	1.47	2.08	2.59	3.28	4.28
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	75.78	66.08	66.08	66.08	5.39	66.08	0	0	0	0
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	4.87	3.94	4.12	2.81	5.82	4.95	5.20	6.10	8.28	15.33
Cash Equivalents	9.35	10.63	3.76	5.52	2.57	5.15	2.85	4.81	10.97	7.51
Others Assets ⓘ	6.21	13.42	10.45	10.95	12.20	11.16	14.26	13.68	10.73	14.10
Total Assets ⓘ	96.63	94.31	84.72	85.78	27.34	88.40	24.72	26.59	31.35	38.43

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.88	1.82	11.29	2.56	-2.64	1.67	-0.11	2.10	-1.33	-1.25
PBT ⓘ	1.83	1.72	1.97	1.80	2.80	2.57	3.01	3.58	3.66	4.80
Adjustment ⓘ	-0.98	0.16	-0.09	-0.10	0.13	0.38	-0.30	-0.98	-0.78	-0.94
Changes in Working Capital ⓘ	-1.54	0.23	9.24	1.33	-5.07	-0.68	-2.35	0.12	-3.55	-4.21
Tax Paid ⓘ	-0.19	-0.30	0.16	-0.47	-0.50	-0.60	-0.47	-0.63	-0.66	-0.90
Cash Flow From Investing Activity ⓘ +	1.83	1.05	0.56	0.48	0.76	0.95	1.17	0.61	3.68	1.79
Capex	-0.19	-0.01	-0.18	-0.19	-0	-0	0	-0.65	0	-0.03
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	2.02	1.06	0.74	0.67	0.77	0.95	1.17	1.27	3.68	1.82
Cash Flow From Financing Activity ⓘ +	-1.48	-1.59	-10.12	-1.28	-2.01	-2.12	-2.09	-1.29	-0.50	-0.89
Net Proceeds from Shares ⓘ	0.02	0	0.03	0.21	0	0	0.02	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	-0.94	-1.05	-1.20	-1.35	-0.69	0	0
Interest Paid ⓘ	-0.89	-0.77	-0.66	-0.55	-0.44	-0.29	-0.14	-0.02	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-0.61	-0.82	-9.49	0	-0.52	-0.63	-0.62	-0.59	-0.50	-0.89
Net Cash Flow ⓘ	-0.53	1.28	1.73	1.77	-3.89	0.50	-1.03	1.42	1.85	-0.36

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	1.62	1.29	-10.58	1.61	-114.5	117.58	-121.9	12	18.61	14.21
ROCE (%)	2.92	2.66	-8.52	2.78	-103.72	113.15	-115.73	16.67	22.77	16.42
Asset Turnover Ratio	0.14	0.14	0.14	0.12	0.19	0.17	0.18	0.47	0.56	0.64
PAT to CFO Conversion(x)	-0.63	1.61	N/A	2	N/A	0.03	N/A	0.8	-0.28	-0.3
Working Capital Days
Receivable Days	101	118	117	120	144	204	184	171	163	192
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

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HandsOn Global Management (HGM) Ltd FAQs

The current trading price of HandsOn Global Manag on 17-Apr-2026 16:59 is ₹55.03.

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 16-Apr-2026 the market cap of HandsOn Global Manag stood at ₹70.38 Cr

The latest P/E ratio of HandsOn Global Manag as of 16-Apr-2026 is 12.98.

The latest P/B ratio of HandsOn Global Manag as of 16-Apr-2026 is 1.96.

The 52-week high of HandsOn Global Manag is ₹84.80 and the 52-week low is ₹42.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HandsOn Global Manag is ₹50.62 ( Cr.) .

About HandsOn Global Management (HGM) Ltd

HOV Services was incorporated in 1989 under the Companies Act, 1956 as Codec Communications Private Limited under registration number 25-14448 by Anil Rajadhyaksha and Sunil Rajadhyaksha.

The Company commenced its operations as a software services company on January 10, 1989. The name of the Company was changed to HOV Services Private Limited on February 27, 2006. The Company became a public company on January 5, 2006 and the name of the Company was changed to HOV Services Limited on March 9, 2006.

On January 31, 2002 Digital Boardwalk Incorporated (a company created as an acquisition vehicle) acquired 1,694 shares of the Company of the face value Rs. 100 comprising 100% of the issued and outstanding shares of the Company, which were held by Anil Rajadhyaksha and Sunil Rajadhyaksha for a consideration of $ 36,460. Upon completion of the acquisition, the Company retained the services of Anil Rajadhyaksha and Sunil Rajadhyaksha. Anil Rajadhyaksha has since resigned from the Board of the Company, while Sunil Rajadhyaksha continued as one of the Promoters of the Company. Subsequent to this acquisition, the Company entered into the BPO market and became a 100% export oriented company approved under the STPI Scheme.

The company strives to exceed expectations for every one of our customers. As a leader in Global Business Process Outsourcing, they develop fully integrated solutions that combine best-of-breed technology, leading-edge infrastructure and domain expertise to give you the most streamlined process available. Their end to end solutions for healthcare, banking and publishing and their e-content management solutions coupled with workflow based large volume transaction processing services set standards for the industry. HOV Services applies LEAN Six Sigma techniques to improve quality, reduce cost and improve cycle time of your business processes.

HOV Services' customers include over 50% of FORTUNE 100Â® companies across key verticals such as financial services, telecommunications, healthcare, insurance, construction, publishing, finance and accounting and government. Their customers are serviced from more than 50 locations across North America, as well as India, China and Mexico and their dedicated base of more than 12,000 employees are committed to exceeding expectations every time.

Services offered by the company includes:

BPO Services:

Transaction Management
Risk Management
Content Management
Construction Services

HOV Services provides critical support to a wide range of firms in the financial services sector, including consumer credit cards, retail and auto financing, personal loans, mortgages and other banking products. With years of industry experience and 24/7 operational capabilities our clients are able to enhance their operational and customer service capabilities while keeping costs down. Furthermore our outsourced services are tailored to comply with the ever changing regulatory and risk landscape of the financial services marketplace allowing clients to reduce their compliance burden.

Industrial Services
Financial Services
Healthcare
Telecommunications
Manufacturing
Government
Publishing

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

HandsOn Global Management (HGM) Ltd (HGM) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

HandsOn Global Manag Share Price