Hinduja Global Solutions Limited

BSE: 532859 NSE: HGS
Hinduja Global Solutions Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L92199MH1995PLC084610 Incorporated 13 January 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: HGS · BSE: 532859 Public Limited Company business outsourcing Fortune India 500 · #454
Data last updated
Market Cap
₹1,614 Cr
HGS · NSE
Share Price
₹347.00
-1.14% today
Revenue
₹4,307 Cr
FY 2025-26 · -2.2% YoY
EBITDA
₹92.89 Cr
Margin 2.2%
Net Profit
₹31.44 Cr
FY 2025-26 · -74.0% YoY
ROE
0.1%
ROCE 1.4%
Debt / Equity
0.24
Interest cover -51.0x
Authorised capital
₹80 Cr
Registered with MCA

About Hinduja Global Solutions Limited

Data last updated:

Hinduja Global Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 13 January 1995 and has been in existence for over 31 years.

Hinduja Global Solutions is ranked #454 on the Fortune India 500 (2025).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L92199MH1995PLC084610. Its GSTIN is 27AAACT1763A3ZP (Maharashtra). The company holds 31 GST registrations, of which 27 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532859 and NSE: HGS.

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹46.52 Cr. It was formerly known as Htmt Technologies Limited and Hinduja Technologies Limited. It is led by directors including Vynsley Fernandes (Whole-Time Director) and Pradeep Udhas.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,307.36 Cr, a decline of 2.2% compared to the previous year. For the same year it recorded a net profit of ₹31.44 Cr (net margin 0.7%) and EBITDA of ₹92.89 Cr (EBITDA margin 2.2%). The net worth stands at ₹8,316.5 Cr (up 7.9% YoY). Total assets are valued at ₹10,493 Cr (up 4.7% YoY).

The company has about 9,595 employees on its provident fund (EPFO) records. Its group structure includes 18 subsidiaries.

The company is associated with 3 brands: Indusind Media Communications, HGS and HGS. As per MCA filings, the company has open charges of ₹2,947.9 Cr and satisfied charges of ₹462.65 Cr on record. Court records list 51 cases involving the company, including 24 filed by the company and 27 filed against it; 18 cases are pending. The company has 60 deals on record (54 market trades, 5 secondary share transfers, 1 acquisition); the latest was in September 2024. Its 3 peer companies in the Outsourcing industry (Diversified BPO, HR Outsourcing), with the same principal business activity (office administrative, office support and other business support activities) are compared by revenue, 2 larger and 1 smaller; the largest is Frontizo Business Services Private Limited with revenue of ₹6,032.6 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 157 overdue payments to 37 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamhgs.com.

Company details

CIN L92199MH1995PLC084610
Registration Number 084610
Incorporation Date 13 January 1995
ROC Mumbai
Listing Status Listed - Listed on NSE (HGS); Listed on BSE (532859)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Hinduja Global Solutions has undergone 4 name changes throughout its history. The current legal name is Hinduja Global Solutions Limited.

Company NameStatus
Hinduja Global Solutions LimitedCurrent
Htmt Technologies LimitedPrevious
Hinduja Technologies LimitedPrevious
Htmt Global Solutions LimitedPrevious
Tele Video Communications India LimitedPrevious

CIN history

Hinduja Global Solutions has one previous CIN (Corporate Identification Number): U92199MH1995PLC084610. The current CIN is L92199MH1995PLC084610, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L92199MH1995PLC084610Current
U92199MH1995PLC084610Previous
Key People
Vynsley Fernandes Whole-Time Director Pradeep Udhas Director Ashok Parmanand Hinduja Director

Recognitions & Rankings of Hinduja Global Solutions

Fortune India 500 2025 edition
Rank#454
Total income
₹5,187 Cr
Profit
₹121 Cr
Last year #415
India's Most Valuable Companies 2021 edition · Source: Hurun India
Rank#498
Valuation
₹5,654 Cr

Contact details

Hinduja Global Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is teamhgs.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    teamhgs.com
  • Social Media
  • Registered Address
    Tower C 1st Floor Plot C – 21 G Block, Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Hinduja Global Solutions Limited, buy the company report.

Comprehensive company report
Hinduja Global Solutions Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Hinduja Global Solutions operates multiple associated brands including Indusind Media Communications, HGS, and HGS. Each brand links to its own profile.

BrandDescriptionWebsite
Indusind Media Communications
Multi-system operator services for cable TV and internet are provided.indigital.co.in
HGS
Business process improvement is facilitated through applied AI and technology.hgs.cx
HGS
Business process improvement is facilitated through applied AI and outsourcing.teamhgs.com

Business activity

The main business activities of Hinduja Global Solutions are administrative and support service activities and information and communication. In detail, this covers office administrative, office support and other business support activities and wired, wireless or satellite telecommunication activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities82Office administrative, office support and other business support activities
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activities

To see the full business activity and turnover split of Hinduja Global Solutions Limited, buy the company report.

Financials of Hinduja Global Solutions Limited

FY 2025-26 filings available

Hinduja Global Solutions Limited reported revenue of ₹4,307.36 Cr (down 2.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹4,307 Cr
-2.2% YoY
EBITDA
₹92.89 Cr
-64.6% YoY
Profit After Tax
₹31.44 Cr
-74.0% YoY
Net Worth
₹8,316 Cr
+7.9% YoY
Total Assets
₹10,493 Cr
+4.7% YoY
Total Debt
₹1,968 Cr
+1.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,3074,4044,6164,5054,2732,6024,986
Revenue growth-2.2%-4.6%+2.5%+5.4%+64.3%-47.8%-
EBITDA92.89263360248190(31.60)646
EBITDA margin+2.2%+6.0%+7.8%+5.5%+4.5%-1.2%+13.0%
Profit before tax75.712781102325,991282339
Net profit31.441211032496,118449215
Net profit margin+0.7%+2.8%+2.2%+5.5%+143.2%+17.3%+4.3%
EPS (₹)6.9226.1028.6363.221,446.78160.9696.78
Balance sheet
Total assets10,49310,0199,8189,8559,6983,4893,254
Net worth8,3167,7087,4888,5478,0752,0851,719
Total debt1,9681,9432,1079981,4091,180605
Cash & bank6908568811,2103,570536535
Net working capital2,9512,9172,9983,6374,2831,6501,257
Cash flow
Cash from operations413457192111530692884
Cash from investing(84.04)51817832.031,871(217)(366)
Cash from financing(511)(898)(808)(1,108)(867)(476)(310)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0501,0851,0751,0911,0561,1611,0641,087
Revenue growth (YoY)-0.6%-6.6%+1.1%+0.4%-3.3%---
Other income151170207132189137171120
EBITDA(34.49)22.3812.4726.0628.7214263.5534.42
EBITDA margin-3.3%+2.1%+1.2%+2.4%+2.7%+12.3%+6.0%+3.2%
Depreciation124135123118128121138133
Interest45.5348.1346.9553.8457.8954.7855.5862.36
Profit before tax(52.77)9.2949.50(14.09)31.0110341.26(40.66)
Tax13.4922.8715.1512.9019.8510549.859.85
Net profit(66.26)(13.58)34.35(26.99)11.16(1.69)(8.59)(50.51)
EPS (₹)(12.51)(1.78)(1.16)(4.20)3.750.82(0.57)(8.87)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,8271,7111,5781,3231,2505282,142
Revenue growth+6.8%+8.4%+19.3%+5.9%+136.7%-75.3%-
EBITDA(34.99)(45.58)40.8238.3026.53(60.23)456
EBITDA margin-1.9%-2.7%+2.6%+2.9%+2.1%-11.4%+21.3%
Profit before tax(133)(243)(47.00)1912,284182330
Net profit(155)(321)(73.33)2952,338207251
Net profit margin-8.5%-18.8%-4.7%+22.3%+187.0%+39.3%+11.7%
EPS (₹)(34.52)(69.39)(6.23)62.84561.4499.33120.64
Balance sheet
Total assets3,6483,9994,1795,2465,3402,8262,750
Net worth2,5832,7413,1024,4074,2441,9051,682
Total debt9931,2011,0217831,061739908
Cash & bank2122012714782,33116286.76
Net working capital1,0869191,1602,4152,6941,117929
Cash flow
Cash from operations(34.61)(122)(16.84)(126)(164)418514
Cash from investing4443821,3153981,442(45.13)(339)
Cash from financing(414)(340)(1,509)(725)(583)(300)(146)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue448450446469462447430423
Revenue growth (YoY)-3.0%+0.7%+3.7%+10.9%+12.4%---
Other income51.2696.0054.7067.5639.5232.0161.0724.15
Total expenses478465459471466437433430
EBITDA(29.79)(15.35)(12.70)(2.66)(4.28)10.04(3.07)(7.27)
EBITDA margin-6.6%-3.4%-2.8%-0.6%-0.9%+2.2%-0.7%-1.7%
Depreciation58.9768.1161.1659.3362.2064.0165.2463.25
Interest23.9225.2324.7328.2826.8927.0929.5829.28
Profit before tax(61.42)(12.69)(43.89)(22.71)(53.85)(49.05)(36.82)(75.65)
Tax0.636.318.454.388.3057.8717.980.23

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0501,0851,0751,0911,0561,1611,0641,087
Revenue growth (YoY)-0.6%-6.6%+1.1%+0.4%-3.3%---
Other income151170207132189137171120
EBITDA(34.49)22.3812.4726.0628.7214263.5534.42
EBITDA margin-3.3%+2.1%+1.2%+2.4%+2.7%+12.3%+6.0%+3.2%
Depreciation124135123118128121138133
Interest45.5348.1346.9553.8457.8954.7855.5862.36
Profit before tax(52.77)9.2949.50(14.09)31.0110341.26(40.66)
Tax13.4922.8715.1512.9019.8510549.859.85
Net profit(66.26)(13.58)34.35(26.99)11.16(1.69)(8.59)(50.51)
EPS (₹)(12.51)(1.78)(1.16)(4.20)3.750.82(0.57)(8.87)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,3074,4044,6164,5054,2732,6024,986
Revenue growth-2.2%-4.6%+2.5%+5.4%+64.3%-47.8%-
Other income6987734725816,30646678.70
Total expenses4,2144,1424,2564,2574,0832,6334,341
Employee cost2,4412,4792,6292,7572,5992,1053,328
EBITDA92.89263360248190(31.60)646
EBITDA margin+2.2%+6.0%+7.8%+5.5%+4.5%-1.2%+13.0%
Depreciation505523534455345117291
Interest21023418814116135.1194.24
Profit before tax75.712781102325,991282339
Tax70.77178(20.68)(102)(70.89)(54.27)133
Net profit31.441211032496,118449215
Net profit margin+0.7%+2.8%+2.2%+5.5%+143.2%+17.3%+4.3%
EPS (₹)6.9226.1028.6363.221,446.78160.9696.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital46.5246.5246.5252.5241.8020.8820.87
Reserves & surplus8,2707,6627,4418,4948,0232,0641,699
Shareholders' funds (net worth)8,3167,7087,4888,5478,0752,0851,719
Minority interest1201471551561540.0012.36
Secured loans9781,061957310195291601
Unsecured loans9908831,1496881,2148894.32
Total debt1,9681,9432,1079981,4091,180605
Total liabilities10,49310,0199,8189,8559,6983,4893,254
Assets
Gross block5,1124,7604,2324,0043,2172,2642,387
Net block2,8952,9222,7562,8122,1761,5781,733
Capital work in progress18.438.7813.4412.909.203.214.83
Investments4,1443,6433,3002,7532,4824.8210.32
Inventories30.8425.9216.6416.6612.330.000.00
Sundry debtors8727647457337081,231989
Cash & bank balances6908568811,2103,570536535
Loans & advances2,3772,4012,5933,1101,900737523
Total current assets3,9694,0484,2365,0706,1902,5032,048
Total current liabilities1,0181,1311,2381,4331,908853790
Net working capital2,9512,9172,9983,6374,2831,6501,257
Total assets10,49310,0199,8189,8559,6983,4893,254
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash7526751,1122,077543531323
Net cash from operating activities413457192111530692884
Net cash from investing activities(84.04)51817832.031,871(217)(366)
Net cash from financing activities(511)(898)(808)(1,108)(867)(476)(310)
Net change in cash(183)77.17(438)(964)1,534(0.79)208
Closing cash6908568811,2103,570536535
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.2%-4.6%+2.5%+5.4%+64.3%-47.8%-
EBITDA growth-64.6%-27.1%+45.3%+30.1%+702.7%-104.9%-
PBT growth-72.8%+152.0%-52.4%-96.1%+2025.8%-16.8%+37.2%
Net income growth-74.0%+17.0%-58.4%-95.9%+1263.0%+109.1%-
Revenue CAGR (3Y)-1.5%+1.0%+21.1%-3.3%-1.5%-12.2%+10.4%
EBITDA CAGR (3Y)-27.9%+11.3%--27.3%-23.1%-+15.6%
Profitability & leverage
Net income margin+0.1%+2.3%+2.8%+7.4%+141.8%+12.9%+4.1%
Return on capital employed+1.5%+3.0%+2.5%+2.3%+1.9%+1.0%+15.5%
Return on net worth+0.1%+1.3%+1.3%+3.0%+120.7%+23.6%+12.2%
Debt / equity0.240.270.190.140.250.470.36
Long-term debt / equity0.090.090.070.070.140.330.25
Interest cover-51.00-90.09-108.12-67.94-104.58-23.5826.59
Efficiency & per share
Fixed asset turnover0.870.981.121.251.561.122.56
Inventory turnover151.77206.96277.22310.81693.160.000.00
Debtors turnover5.265.846.256.254.412.344.63
EPS (₹)6.9226.1028.6363.221,446.78160.9696.78
Dividend per share (₹)0.000.007.0015.00220.0040.0020.00
Book value per share (₹)1,787.731,656.951,609.561,627.281,929.57998.63824.06
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue448450446469462447430423
Revenue growth (YoY)-3.0%+0.7%+3.7%+10.9%+12.4%---
Other income51.2696.0054.7067.5639.5232.0161.0724.15
Total expenses478465459471466437433430
EBITDA(29.79)(15.35)(12.70)(2.66)(4.28)10.04(3.07)(7.27)
EBITDA margin-6.6%-3.4%-2.8%-0.6%-0.9%+2.2%-0.7%-1.7%
Depreciation58.9768.1161.1659.3362.2064.0165.2463.25
Interest23.9225.2324.7328.2826.8927.0929.5829.28
Profit before tax(61.42)(12.69)(43.89)(22.71)(53.85)(49.05)(36.82)(75.65)
Tax0.636.318.454.388.3057.8717.980.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,8271,7111,5781,3231,2505282,142
Revenue growth+6.8%+8.4%+19.3%+5.9%+136.7%-75.3%-
Other income2581762714872,605302108
Total expenses1,8621,7571,5371,2851,2245881,686
Employee cost8688097456465854571,379
EBITDA(34.99)(45.58)40.8238.3026.53(60.23)456
EBITDA margin-1.9%-2.7%+2.6%+2.9%+2.1%-11.4%+21.3%
Depreciation25125726823322242.59177
Interest10511790.9110112517.3157.81
Profit before tax(133)(243)(47.00)1912,284182330
Tax27.4479.97(18.00)(139)(62.10)(25.33)77.86
Net profit(155)(321)(73.33)2952,338207251
Net profit margin-8.5%-18.8%-4.7%+22.3%+187.0%+39.3%+11.7%
EPS (₹)(34.52)(69.39)(6.23)62.84561.4499.33120.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital46.5246.5246.5252.5241.8020.8820.87
Reserves & surplus2,5372,6943,0564,3554,1921,8841,661
Shareholders' funds (net worth)2,5832,7413,1024,4074,2441,9051,682
Secured loans511527398306155110235
Unsecured loans482673623477907629673
Total debt9931,2011,0217831,061739908
Total liabilities3,6483,9994,1795,2465,3402,8262,750
Assets
Gross block2,2292,2582,0331,9541,8771,2061,183
Net block9861,1281,0041,0271,062825904
Capital work in progress5.442.883.462.324.643.210.02
Investments868867863740741394399
Inventories0.924.7912.3811.467.900.000.00
Sundry debtors493349375375286828798
Cash & bank balances2122012714782,33116286.76
Loans & advances8477998932,0331,188476398
Total current assets1,5541,3541,5522,8983,8131,4671,283
Total current liabilities4684353924821,119349355
Net working capital1,0869191,1602,4152,6941,117929
Total assets3,6483,9994,1795,2465,3402,8262,750
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11519540685816385.0255.55
Net cash from operating activities(34.61)(122)(16.84)(126)(164)418514
Net cash from investing activities4443821,3153981,442(45.13)(339)
Net cash from financing activities(414)(340)(1,509)(725)(583)(300)(146)
Net change in cash(4.30)(79.38)(211)(453)69572.8829.48
Closing cash2122012714782,33116286.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.8%+8.4%+19.3%+5.9%+136.7%-75.3%-
EBITDA growth+23.2%-211.7%+6.6%+44.4%+144.1%-113.2%-
PBT growth+45.2%-416.6%--91.6%+1155.0%-44.8%+11.5%
Net income growth+51.9%-338.4%-124.9%-87.4%+1027.2%-17.5%-
Revenue CAGR (3Y)+11.4%+11.0%+44.0%-14.8%-12.3%-36.5%+10.3%
EBITDA CAGR (3Y)----56.2%-57.3%-+27.0%
Profitability & leverage
Net income margin-8.8%-18.9%-1.8%+24.9%+187.7%+39.3%+11.8%
Return on capital employed-0.7%-3.1%-0.0%+3.1%-0.8%-2.1%+16.9%
Return on net worth-6.0%-11.1%-2.0%+6.8%+76.0%+11.6%+15.5%
Debt / equity0.410.380.240.210.290.460.33
Long-term debt / equity0.170.180.120.100.170.370.26
Interest cover-36.79-38.56-40.06-51.85-64.30-16.8420.66
Efficiency & per share
Fixed asset turnover0.810.800.790.690.810.442.43
Inventory turnover639.97199.31132.40136.71316.470.000.00
Debtors turnover4.344.734.214.012.240.652.64
EPS (₹)(34.52)(69.39)(6.23)62.84561.4499.33120.64
Dividend per share (₹)0.000.007.0015.00220.0040.0020.00
Book value per share (₹)555.28589.15666.83839.161,012.88912.54806.16

To see the full year-wise statements and ratios of Hinduja Global Solutions Limited, buy the company report.

Board of directors of Hinduja Global Solutions Limited

Hinduja Global Solutions has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Udhas
Also directs: Finolex Industries Limited, Nine Sages Professional Advisors LLP, Kajaria Ceramics Limited and 1 more
Director25 Aug 20224 Years 2 MonthsCurrent
Ashok Parmanand Hinduja
Also directs: Ashok Plywood Trading Company LLP, Aasia Enterprises LLP, Aasia Industrial Projects LLP and 5 more
Director19 Dec 20223 Years 10 MonthsCurrent
Ganesh Natarajan
Also directs: Honeywell Automation India Limited, Cyient DLM Limited, GTT Data Solutions Limited and 5 more
Director30 Sep 20197 Years 1 MonthsCurrent
Vynsley Fernandes
Also directs: Oneott Intertainment Limited, In Entertainment (India) Limited, HGS Digital Private Limited and 1 more
Whole-Time Director14 Nov 20223 Years 11 MonthsCurrent
Bhumika Batra
Also directs: Deepak Nitrite Limited, Sudarshan Chemical Industries Limited, Jyothy Labs Limited and 5 more
Director04 Sep 20197 Years 2 MonthsCurrent
Munesh Narinder Khanna
Also directs: Gulf Oil Lubricants India Limited, Black Box Limited, Finolex Industries Limited and 5 more
Director19 Dec 20223 Years 10 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Hinduja Global Solutions Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing), with the same principal business activity (office administrative, office support and other business support activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Frontizo Business Services Private Limited₹6,032.6 Cr (FY 2025)-63.0%New Delhi, Delhi, India
Sagility Limited₹5,626.23 Cr (FY 2025)18.0%Bengaluru, Karnataka, India
Exl Service.Com(India) Private Limited₹4,473.23 Cr (FY 2025)18.0%New Delhi, Delhi, India
Hinduja Global Solutions Limitedthis company₹4,307.36 Cr (FY 2026)₹31.44 Cr0.7%-2.2%9,595Mumbai, Maharashtra, India

To see the full peer comparison of Hinduja Global Solutions Limited, buy the company report.

Auditor

Hinduja Global Solutions Limited is audited by Haribhakti & Co. LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Haribhakti & Co. LLPFY 2025103523W/W100048

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 68.00%, foreign institutional investors hold 11.70%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 20.20%.

Promoters: 68.00%DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 11.70%Retail & Others: 20.20%
Sep 2026
QUARTER
68.00% Promoters
0.10% DII (Domestic Institutional)
11.70% FII (Foreign Institutional)
20.20% Retail & Others
Promoter holding - history
Now 68.00% · Sep 2026High 68.00% · Dec 2025Low 68.00% · Dec 2025
67%67.5%68%68.5%69%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 68.00%Mar 2026: 68.00%Jun 2026: 68.00%Sep 2026: 68.00%68.00%68.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters68.00%68.00%68.00%68.00%
Public32.00%32.00%32.00%32.00%

Charges & borrowings

Open charges
₹2,947.9 Cr
Satisfied charges
₹462.65 Cr
Breakdown by lending institutions
Il & Fs Trust Company Limited₹1,145.00 Cr
Yes Bank Limited₹988.90 Cr
Others₹455.00 Cr
Hdfc Bank Limited₹150.00 Cr
Axis Bank Limited₹109.00 Cr
Others₹100.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2026101286450Others₹100 CrOpen
02 Jul 2025101130092Standard Chartered Bank₹40 CrOpen
17 Mar 2025101070027Standard Chartered Bank₹40 CrOpen
28 Feb 2025101064683Others₹50 CrOpen
20 Dec 2023100845886Yes Bank Limited₹20 CrOpen

To see the full charge records of Hinduja Global Solutions Limited, buy the company report.

Total charge records: 32 View all charges

Deals & funding

Hinduja Global Solutions Limited has 60 deals on record (54 market trades, 5 secondary share transfers, 1 acquisition); the latest was in September 2024.

Total deals
60
Market trades
54
Secondary share transfers
5
Acquisition
1

Deals on record (5 of 60)

WhenDealAmountParties
Aug 2024Market trade₹17.26 CrSeller: Reliance Value Services Private Limited
Mar 2022Market trade₹65.4 CrBuyer: Hinduja Realty Ventures Limited
Seller: Aasia Exports
Mar 2022Market trade₹115.01 CrBuyer: Hinduja Realty Ventures Limited , Hinduja Group
Seller: Aasia Exports, Hinduja Group
Mar 2022Market trade₹92.04 CrBuyer: Hinduja Realty Ventures Limited
Seller: Aasia Exports
Oct 2021Market trade₹85.5 CrBuyer: Hinduja Realty Ventures Limited
Seller: Aasia Exports

To see the full deal history of Hinduja Global Solutions Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hinduja Global Solutions Limited was last rated by Crisil on 31 Mar 2020.

Rating agencyRated onRating
Crisil31 Mar 2020

To see the full credit ratings and regulatory alerts of Hinduja Global Solutions Limited, buy the company report.

MSME payment delays

Hinduja Global Solutions Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 157 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 37)

SupplierAmount dueDue sinceReported on
Icard Solutions (I) Pvt. Ltd. BLR
Celebratinglife Infotech Private Limited
Hirecraft Software Private Limited
an individual supplier
Itel Infotech Solutions LLP

To see the full MSME payment records of Hinduja Global Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Hinduja Global Solutions has 18 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

18
Subsidiary companies
Key subsidiaries
Company NameCINShares held
In Entertainment (India) LimitedU22121MH2000PLC129433
Usn Networks Private LimitedU32201MH1998PTC306027
Darpita Trading Company Private LimitedU51900MH2008PTC186699
Apna Lncable Broadband Services Private LimitedU64201MH2008PTC306009
Ajanta Sky Darshan Private LimitedU64204GJ2010PTC061776
Goldstar Infotainment Private LimitedU64204MH2007PTC172051

To see the full group structure of Hinduja Global Solutions Limited, buy the company report.

Employees & EPFO

Hinduja Global Solutions Limited has a workforce of 9,595 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.

Employee count
9,595
Active EPFO establishments
2
Employee growth
9.1%

GST

Hinduja Global Solutions has 31 GST registrations: 27 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
31
Active
27
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AAACT1763A3ZPMaharashtraActive01 Nov 2022
27AAACT1763A4ZOMaharashtraActive11 Jun 2024
19AAACT1763A1ZOWest BengalActive01 Jul 2017
33AAACT1763A2ZXTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Hinduja Global Solutions Limited, buy the company report.

Recent activity

Hinduja Global Solutions Limited has 52 board changes on record since 1999: 30 appointments and 22 cessations. The latest: Sudhanshu Kumar Tripathi ceased to be Director on 30 Sep 2025.

Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101286450 was registered on 21 Apr 2026.
Filing
Hinduja Global Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Ceased
Sudhanshu Kumar Tripathi ceased to be Director.
Ceased
Anil Harish ceased to be Director.
AGM
Hinduja Global Solutions Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Amit Saharia was appointed as Director.
Ceased
Paul Abraham ceased to be Director.
Ceased
Partha De Sarkar ceased to be Whole-Time Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 40.00 Cr with Charge ID 101130092 was registered on 02 Jul 2025.
Appointed
Mahesh Kumar Nutalapati was appointed as CFO.
Ceased
Srinivas Palakodeti ceased to be CFO.
Charges
A charge with Standard Chartered Bank amounted to Rs. 40.00 Cr with Charge ID 101070027 was registered on 17 Mar 2025.

95 earlier events are in the company report.

News

Frequently asked questions

Hinduja Global Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 13 January 1995 (31+ years old) and is registered under CIN L92199MH1995PLC084610. Listed on BSE: 532859 and NSE: HGS.

Hinduja Global Solutions reported revenue of ₹4,307.36 Cr for FY 2025-26 (down 2.2% YoY) based on consolidated financials.

Hinduja Global Solutions has 7 current directors:

The latest financial statements of Hinduja Global Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hinduja Global Solutions is 27AAACT1763A3ZP, registered in Maharashtra. The company has 31 GST registrations in all, of which 27 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACT1763A4ZO (Maharashtra), 19AAACT1763A1ZO (West Bengal), 33AAACT1763A2ZX (Tamil Nadu).

The CIN (Corporate Identification Number) of Hinduja Global Solutions is L92199MH1995PLC084610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Hinduja Global Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 532859) and NSE (symbol: HGS).

Hinduja Global Solutions has 51 court cases on record: 24 filed by the company and 27 filed against it. 18 are pending. Most are in the high courts.

Hinduja Global Solutions was incorporated on 13 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Hinduja Global Solutions has 60 deals on record (54 market trades, 5 secondary share transfers, 1 acquisition); the latest was in September 2024.

The peers of Hinduja Global Solutions by revenue are Frontizo Business Services Private Limited, Sagility Limited, Exl Service.Com(India) Private Limited, all in the Outsourcing industry (Diversified BPO, HR Outsourcing), with the same principal business activity (office administrative, office support and other business support activities).

Sudhanshu Kumar Tripathi ceased to be Director on 30 Sep 2025. Anil Harish ceased to be Director on 28 Sep 2025. Amit Saharia was appointed as Director on 25 Sep 2025. Hinduja Global Solutions has 52 board changes on record in total.