Financials Hinduja Global Solutions Limited

Equities

HGS

INE170I01016

IT Services & Consulting

Market Closed - NSE India S.E. 07:43:47 2024-04-26 am EDT 5-day change 1st Jan Change
863.6 INR +0.55% Intraday chart for Hinduja Global Solutions Limited +4.81% -12.73%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 16,868 12,886 10,533 36,038 42,786 54,080
Enterprise Value (EV) 1 18,106 15,675 19,708 42,572 10,769 52,869
P/E ratio 8.73 x 7.28 x 5.22 x 10.7 x 0.7 x 16.3 x
Yield 1.23% 1.62% 3.96% 1.45% 12% 1.46%
Capitalization / Revenue 0.44 x 0.27 x 0.21 x 0.64 x 1.31 x 1.2 x
EV / Revenue 0.47 x 0.33 x 0.39 x 0.76 x 0.33 x 1.17 x
EV / EBITDA 4.67 x 4.05 x 3.6 x 6.56 x 13.4 x 119 x
EV / FCF 8.49 x -15.6 x 9.03 x 30.1 x 14.2 x -2.89 x
FCF Yield 11.8% -6.41% 11.1% 3.32% 7.04% -34.6%
Price to Book 1.14 x 0.78 x 0.61 x 1.73 x 0.55 x 0.63 x
Nbr of stocks (in thousands) 41,600 41,678 41,732 41,755 41,795 52,520
Reference price 2 405.5 309.2 252.4 863.1 1,024 1,030
Announcement Date 9/6/18 9/1/19 9/9/20 8/30/21 9/3/22 9/2/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 38,494 48,167 49,954 56,267 32,637 45,052
EBITDA 1 3,877 3,870 5,469 6,490 803.7 443.5
EBIT 1 2,746 2,488 3,846 5,169 106.3 -1,688
Operating Margin 7.13% 5.17% 7.7% 9.19% 0.33% -3.75%
Earnings before Tax (EBT) 1 2,544 2,481 3,173 4,440 373.4 1,859
Net income 1 1,936 1,772 2,019 3,361 61,036 3,321
Net margin 5.03% 3.68% 4.04% 5.97% 187.01% 7.37%
EPS 2 46.47 42.48 48.39 80.41 1,459 63.22
Free Cash Flow 1 2,132 -1,005 2,182 1,413 758.6 -18,271
FCF margin 5.54% -2.09% 4.37% 2.51% 2.32% -40.56%
FCF Conversion (EBITDA) 54.99% - 39.9% 21.77% 94.38% -
FCF Conversion (Net income) 110.13% - 108.04% 42.04% 1.24% -
Dividend per Share 2 5.000 5.000 10.00 12.50 122.5 15.00
Announcement Date 9/6/18 9/1/19 9/9/20 8/30/21 9/3/22 9/2/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,238 2,790 9,175 6,533 - -
Net Cash position 1 - - - - 32,017 1,211
Leverage (Debt/EBITDA) 0.3194 x 0.7209 x 1.678 x 1.007 x - -
Free Cash Flow 1 2,132 -1,005 2,182 1,413 759 -18,271
ROE (net income / shareholders' equity) 13.6% 11.1% 10.9% 17.6% 0.06% 3.4%
ROA (Net income/ Total Assets) 6.72% 5.56% 6.83% 7.68% 0.09% -0.92%
Assets 1 28,790 31,871 29,577 43,775 64,656,272 -362,028
Book Value Per Share 2 356.0 394.0 412.0 499.0 1,868 1,627
Cash Flow per Share 2 111.0 77.60 127.0 127.0 490.0 212.0
Capex 1 1,327 1,940 1,176 1,581 2,372 2,947
Capex / Sales 3.45% 4.03% 2.35% 2.81% 7.27% 6.54%
Announcement Date 9/6/18 9/1/19 9/9/20 8/30/21 9/3/22 9/2/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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