Hinduja Global Solutions
Hinduja Global Solutions Limited provides business process management services in the United States, Canada, Europe, Asia, and the Middle East. The last earnings update was 70 days ago. More info.
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HGS Share Price and Events
7 Day Returns
1 Year Returns
HGS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hinduja Global Solutions (HGS) | -2.5% | 2.3% | 0.6% | -30.7% | 59% | 20.9% |
| IN IT | 1.5% | 5.1% | 9.1% | 26.1% | 45.3% | 79.4% |
| IN Market | 1.7% | 2.7% | 5.8% | 0.1% | 41.6% | 73.3% |
1 Year Return vs Industry and Market
- HGS underperformed the IT industry which returned 26.1% over the past year.
- HGS underperformed the Market in India which returned 0.1% over the past year.
HGS Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Hinduja Global Solutions
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hinduja Global Solutions.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 2 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 17.7% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.06 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.06 (1 + (1- 35%) (29.79%)) |
1.177 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.18 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.177 * 8.6%) |
17.68% |
Discounted Cash Flow Calculation for NSEI:HGS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Hinduja Global Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 17.68%) |
|
|---|---|---|---|
| 2019 | 1,057.00 | Analyst x1 | 898.23 |
| 2020 | 1,869.00 | Analyst x1 | 1,349.69 |
| 2021 | 2,128.00 | Analyst x1 | 1,305.89 |
| 2022 | 2,134.80 | Est @ 0.32% | 1,113.28 |
| 2023 | 2,187.92 | Est @ 2.49% | 969.60 |
| 2024 | 2,275.59 | Est @ 4.01% | 856.97 |
| 2025 | 2,390.96 | Est @ 5.07% | 765.17 |
| 2026 | 2,529.97 | Est @ 5.81% | 688.04 |
| 2027 | 2,690.24 | Est @ 6.33% | 621.73 |
| 2028 | 2,870.46 | Est @ 6.7% | 563.73 |
| Present value of next 10 years cash flows | ₹9,132.32 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹2,870.46 × (1 + 7.55%) ÷ (17.68% – 7.55%) |
₹30,487.65 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹30,487.65 ÷ (1 + 17.68%)10 |
₹5,987.49 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹9,132.32 + ₹5,987.49 |
₹15,119.81 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹15,119.81 / 20.84 |
₹725.56 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in NSEI:HGS
represents 0.99379x
of
BSE:532859
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.99379x |
| Value per Share (Listing Adjusted, INR) |
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 725.56 x 0.99379 |
₹721.05 |
| Value per share (INR) | From above. | ₹721.05 |
| Current discount | Discount to share price of
₹647.90
= -1 x (₹647.90 - ₹721.05) / ₹721.05 |
10.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Hinduja Global Solutions's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Hinduja Global Solutions's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Hinduja Global Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Hinduja Global Solutions's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹80.35 |
| BSE:532859 Share Price ** | BSE (2019-04-18) in INR | ₹651.95 |
| India IT Industry PE Ratio | Median Figure of 84 Publicly-Listed IT Companies | 16.18x |
| India Market PE Ratio | Median Figure of 2,735 Publicly-Listed Companies | 16.29x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hinduja Global Solutions.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:532859 Share Price ÷ EPS (both in INR) = 651.95 ÷ 80.35 |
8.11x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hinduja Global Solutions is good value based on earnings compared to the IN IT industry average.
- Hinduja Global Solutions is good value based on earnings compared to the India market.
Price based on expected Growth
Does
Hinduja Global Solutions's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 8.11x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts |
21.4%per year |
| India IT Industry PEG Ratio | Median Figure of 21 Publicly-Listed IT Companies | 1.3x |
| India Market PEG Ratio | Median Figure of 584 Publicly-Listed Companies | 1.33x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 8.11x ÷ 21.4% |
0.38x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hinduja Global Solutions is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Hinduja Global Solutions's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹746.94 |
| BSE:532859 Share Price * | BSE (2019-04-18) in INR | ₹651.95 |
| India IT Industry PB Ratio | Median Figure of 108 Publicly-Listed IT Companies | 1.4x |
| India Market PB Ratio | Median Figure of 3,626 Publicly-Listed Companies | 1.12x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:532859 Share Price ÷ Book Value per Share (both in INR) = 651.95 ÷ 746.94 |
0.87x |
* Primary Listing of Hinduja Global Solutions.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hinduja Global Solutions is good value based on assets compared to the IN IT industry average.
Value checks
We assess Hinduja Global Solutions's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Hinduja Global Solutions has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
HGS Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Hinduja Global Solutions's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Hinduja Global Solutions's earnings growth is expected to exceed the India market average.
- Hinduja Global Solutions's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:HGS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts | 21.4% |
| NSEI:HGS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts | 6.7% |
| India IT Industry Earnings Growth Rate | Market Cap Weighted Average | 9.5% |
| India IT Industry Revenue Growth Rate | Market Cap Weighted Average | 9.5% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.7% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.8% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 52,700 | 3,810 | 1 | |
| 2020-03-31 | 50,454 | 3,471 | 2,268 | 2 |
| 2019-03-31 | 47,246 | 2,583 | 1,981 | 1 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 45,048 | 1,672 | |
| 2018-09-30 | 42,390 | 1,827 | |
| 2018-06-30 | 40,230 | 1,892 | |
| 2018-03-31 | 38,494 | 3,415 | 1,936 |
| 2017-12-31 | 37,855 | 1,877 | |
| 2017-09-30 | 37,660 | 1,859 | |
| 2017-06-30 | 37,286 | 1,694 | |
| 2017-03-31 | 37,110 | 4,092 | 1,795 |
| 2016-12-31 | 36,849 | 1,695 | |
| 2016-09-30 | 36,151 | 1,420 | |
| 2016-06-30 | 34,989 | 1,362 | |
| 2016-03-31 | 33,210 | 1,459 | 1,009 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from Hinduja Global Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | ||||
| 2020-03-31 | 108.93 | 108.93 | 108.93 | 1.00 |
| 2019-03-31 | 95.15 | 95.15 | 95.15 | 1.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 80.35 |
| 2018-09-30 | 87.83 |
| 2018-06-30 | 90.97 |
| 2018-03-31 | 93.18 |
| 2017-12-31 | 89.89 |
| 2017-09-30 | 89.18 |
| 2017-06-30 | 81.61 |
| 2017-03-31 | 86.58 |
| 2016-12-31 | 80.61 |
| 2016-09-30 | 68.84 |
| 2016-06-30 | 65.69 |
| 2016-03-31 | 48.67 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Hinduja Global Solutions is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Hinduja Global Solutions's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hinduja Global Solutions has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
HGS Past Performance
How has Hinduja Global Solutions performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Hinduja Global Solutions's year on year earnings growth rate has been positive over the past 5 years.
- Hinduja Global Solutions's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Hinduja Global Solutions's 1-year earnings growth is negative, it can't be compared to the IN IT industry average.
Earnings and Revenue History
All data from Hinduja Global Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 45,048.31 | 1,672.26 | 1,914.66 | |
| 2018-09-30 | 42,390.49 | 1,827.04 | 1,914.66 | |
| 2018-06-30 | 40,230.49 | 1,892.19 | ||
| 2018-03-31 | 38,493.68 | 1,936.00 | 1,914.66 | |
| 2017-12-31 | 37,854.70 | 1,876.89 | 1,733.61 | |
| 2017-09-30 | 37,660.29 | 1,859.43 | 1,733.61 | |
| 2017-06-30 | 37,286.46 | 1,694.26 | ||
| 2017-03-31 | 37,109.94 | 1,795.48 | 1,734.97 | |
| 2016-12-31 | 36,849.36 | 1,695.46 | 1,505.20 | |
| 2016-09-30 | 36,151.32 | 1,420.05 | 1,505.20 | |
| 2016-06-30 | 34,988.83 | 1,361.54 | ||
| 2016-03-31 | 33,209.98 | 1,008.79 | 1,535.67 | |
| 2015-12-31 | 31,210.47 | 1,015.06 | 3,403.59 | |
| 2015-09-30 | 29,671.12 | 1,371.64 | 3,403.59 | |
| 2015-06-30 | 28,801.91 | 1,486.93 | ||
| 2015-03-31 | 28,075.80 | 1,650.26 | 1,101.70 | |
| 2014-12-31 | 27,423.07 | 1,586.28 | 2,993.70 | |
| 2014-09-30 | 26,667.11 | 1,599.51 | 2,993.70 | |
| 2014-06-30 | 26,119.01 | 1,644.42 | 2,993.70 | |
| 2014-03-31 | 25,048.55 | 1,695.51 | 2,993.43 | |
| 2013-12-31 | 23,896.09 | 1,748.12 | 2,304.59 | |
| 2013-09-30 | 22,539.24 | 1,406.79 | 2,304.59 | |
| 2013-06-30 | 20,759.00 | 1,088.12 | 2,304.59 | |
| 2013-03-31 | 19,834.28 | 905.71 | 2,304.87 | |
| 2012-12-31 | 19,175.91 | 814.75 | 1,921.77 | |
| 2012-09-30 | 18,545.63 | 896.81 | 1,921.77 | |
| 2012-06-30 | 17,426.07 | 1,051.39 | 1,921.77 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Hinduja Global Solutions has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Hinduja Global Solutions used its assets less efficiently than the IN IT industry average last year based on Return on Assets.
- Hinduja Global Solutions has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Hinduja Global Solutions's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hinduja Global Solutions has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
HGS Health
How is Hinduja Global Solutions's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Hinduja Global Solutions's finances.
The net worth of a company is the difference between its assets and liabilities.
- Hinduja Global Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Hinduja Global Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Hinduja Global Solutions Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 15,635.39 | 4,113.22 | 6,740.14 |
| 2018-09-30 | 15,635.39 | 4,113.22 | 6,740.14 |
| 2018-06-30 | 14,822.87 | 4,478.76 | 6,695.69 |
| 2018-03-31 | 14,822.87 | 5,853.99 | 4,615.62 |
| 2017-12-31 | 14,304.23 | 4,297.01 | 5,667.70 |
| 2017-09-30 | 14,304.23 | 4,297.01 | 5,667.70 |
| 2017-06-30 | 13,368.03 | 5,969.47 | 6,798.55 |
| 2017-03-31 | 13,368.03 | 6,615.89 | 3,095.71 |
| 2016-12-31 | 12,188.64 | 6,836.82 | 6,616.92 |
| 2016-09-30 | 12,188.64 | 6,836.82 | 6,616.92 |
| 2016-06-30 | 11,783.43 | 7,650.12 | 3,748.11 |
| 2016-03-31 | 11,879.64 | 8,369.98 | 2,667.88 |
| 2015-12-31 | 11,342.00 | 8,432.00 | 4,598.00 |
| 2015-09-30 | 11,222.50 | 7,139.12 | 4,268.28 |
| 2015-06-30 | 11,177.00 | 7,276.00 | 5,081.00 |
| 2015-03-31 | 10,742.30 | 6,409.69 | 3,549.81 |
| 2014-12-31 | 15,562.00 | 6,297.00 | 5,647.00 |
| 2014-09-30 | 15,221.49 | 6,047.08 | 4,222.80 |
| 2014-06-30 | 14,520.75 | 6,342.36 | 4,551.39 |
| 2014-03-31 | 14,520.75 | 6,342.36 | 4,551.39 |
| 2013-12-31 | 14,363.80 | 4,924.31 | 4,907.83 |
| 2013-09-30 | 14,363.80 | 4,924.31 | 4,907.83 |
| 2013-06-30 | 12,354.83 | 5,510.22 | 4,062.20 |
| 2013-03-31 | 12,354.83 | 5,510.22 | 4,062.20 |
| 2012-12-31 | 12,229.05 | 5,177.63 | 5,400.74 |
| 2012-09-30 | 12,229.05 | 5,177.63 | 5,400.74 |
| 2012-06-30 | 11,482.70 | 7,329.30 | 7,198.86 |
- Hinduja Global Solutions's level of debt (26.3%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (34.4% vs 26.3% today).
- Debt is well covered by operating cash flow (83%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 16.6x coverage).
Financial health checks
We assess Hinduja Global Solutions's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hinduja Global Solutions has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
HGS Dividends
What is Hinduja Global Solutions's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Hinduja Global Solutions
shares you are expected to receive
₹31
in your first year as a dividend.
Dividend Amount
- Hinduja Global Solutions's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.49%).
- Hinduja Global Solutions's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| India IT Industry Average Dividend Yield | Market Cap Weighted Average of 40 Stocks | 1.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1399 Stocks | 1.3% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-03-31 | 10.00 | 1.00 |
| 2020-03-31 | 10.00 | 1.00 |
| 2019-03-31 | 10.00 | 1.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-07 | 10.000 | 1.597 |
| 2018-11-02 | 10.000 | 1.526 |
| 2018-08-09 | 10.000 | 1.368 |
| 2018-02-08 | 10.000 | 1.167 |
| 2017-08-11 | 10.000 | 1.521 |
| 2016-08-26 | 5.000 | 0.912 |
| 2016-02-10 | 15.000 | 3.678 |
| 2015-11-09 | 20.000 | 4.149 |
| 2015-08-13 | 20.000 | 4.433 |
| 2015-05-21 | 20.000 | 3.957 |
| 2015-02-06 | 20.000 | 3.537 |
| 2014-12-04 | 20.000 | 3.144 |
| 2014-08-13 | 20.000 | 3.088 |
| 2014-06-11 | 20.000 | 3.380 |
| 2014-05-21 | 20.000 | 4.011 |
| 2014-02-11 | 10.000 | 1.833 |
| 2013-11-12 | 10.000 | 2.054 |
| 2013-07-01 | 20.000 | 6.891 |
| 2013-05-29 | 20.000 | 6.838 |
| 2012-07-24 | 20.000 | 6.792 |
| 2012-05-23 | 20.000 | 5.893 |
| 2011-07-15 | 20.000 | 6.249 |
| 2011-05-12 | 20.000 | 5.010 |
| 2010-08-19 | 20.000 | 5.326 |
| 2009-05-13 | 15.000 | 3.634 |
| 2009-04-20 | 10.000 | 7.165 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- No dividend growth in 10 years.
Income/ dividend checks
We assess Hinduja Global Solutions's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Hinduja Global Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Hinduja Global Solutions has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
HGS Management
CEO
| COMPENSATION | ₹60,185,345 |
| AGE | 54 |
CEO Bio
Mr. Partha DeSarkar serves as the Global Chief Executive Officer and Manager of Hinduja Global Solutions Limited. Mr. DeSarkar served as the President of Hinduja Global Solutions Limited. Mr. DeSarkar served as the Chief Operating Officer of Hinduaja Global Solutions Ltd. for 3 years. He served as the Chief Executive Officer of IT & ITES at Hinduja Ventures Limited (alternate name, Hinduja TMT Ltd.) from May 2006 to March 6, 2007 and served as its Manager from May 1, 2006 to March 6, 2007. He served as the Global Chief Operating Officer of Hinduja Ventures Limited from September 2005 to May 1, 2006. He served as the Head & Chief Operating Officer - IT Enables Services of Hinduja Ventures Limited. He has over 20 years experience in Customer Service and Operations in diverse industries like banking and financial services, healthcare and insurance. He has set up operations for large remote processing centers in India to service international clients in US, UK, Australia and Asia-Pacific regions. He is experienced in starting up and leading complex outsourcing projects in diverse domain areas. In his previous assignments with Deloitte Consulting & GE Capital International Services he has set up large international call centers handling diverse businesses. He worked at Bank of America's - Consumer Banking business for 9 years. He serves as a Director of HTMT Europe Limited. He holds a post graduate diploma in Management from Indian Institute of Management, Bangalore and a Master of Technology degree from IIT Chennai.
CEO Compensation
- Partha's compensation has increased by more than 20% in the past year.
- Partha's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Hinduja Global Solutions management team in years:
- The tenure for the Hinduja Global Solutions management team is about average.
Management Team
Partha DeSarkar
Global CEO & Manager
₹60M
54
Pala Palakodeti
Global Chief Financial Officer
₹32M
9.3 yrs
Makarand Dewal
Company Secretary
₹8M
4.8 yrs
Nat Radhakrishnan
President & Chief Innovation Officer
52
Soumen Choudhury
Senior Vice President of Operations
4 yrs
Jay Menon
General Manager of Finance and Accounts
C. Subramanya
Global Chief Technology Officer
50
P. Mohanan
General Manager of Administration
Ramalingam Ravi
Head of Investor Relations
S. Mahadevan
Executive Vice President of Legal
58
Board of Directors Tenure
Average tenure and age of the Hinduja Global Solutions board of directors in years:
- The average tenure for the Hinduja Global Solutions board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Ramkrishan Hinduja
Chairman
₹3M
47
11.5 yrs
Shanu S. Hinduja
Co-Chairperson
₹2M
6.1 yrs
AP Hinduja
Chairman Emeritus
67
11.5 yrs
Rangan Mohan
Independent Director
₹4M
11.5 yrs
Anil Harish
Independent Director
₹3M
64
3.6 yrs
Rajendra Chitale
Independent Director
₹4M
57
12.1 yrs
Vinoo Hinduja
Non-Executive Non-Indepedent Director
₹2M
51
10.5 yrs
Yashodhan Kale
Non-Executive Director
₹2M
71
2.6 yrs
Pradeep Mukerjee
Independent Director
₹2M
2.6 yrs
Kailash Samdani
Alternate Director
₹20K
78
10.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Jun 18 | Sell | Anthony Joseph | Individual | 11. Jun 18 | 11. Jun 18 | -2,000 | ₹887.20 | ₹-1,774,407 | ||
| 03. May 18 | Sell | Makarand Dewal | Individual | 27. Apr 18 | 30. Apr 18 | -1,510 | ₹970.71 | ₹-1,465,772 | ||
Management checks
We assess Hinduja Global Solutions's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Hinduja Global Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
HGS News
Simply Wall St News
Do Insiders Own Shares In Hinduja Global Solutions Limited (NSE:HGS)?
If you want to know who really controls Hinduja Global Solutions Limited (NSE:HGS), then you'll have to look at the makeup of its share registry. … Hinduja Global Solutions is not a large company by global standards. … Check out our latest analysis for Hinduja Global Solutions
Simply Wall St - – Full articleUpdate: Hinduja Global Solutions (NSE:HGS) Stock Gained 61% In The Last Three Years
For example, Hinduja Global Solutions Limited (NSE:HGS) shareholders have seen the share price rise 61% over three years, well in excess of the market return (43%, not including dividends). … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Hinduja Global Solutions was able to grow its EPS at 18% per year over three years, sending the share price higher.
Simply Wall St - – Full articleDoes Hinduja Global Solutions Limited's (NSE:HGS) CEO Salary Reflect Performance?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Partha DeSarkar's Compensation Compare With Similar Sized Companies. … According to our data, Hinduja Global Solutions Limited has a market capitalization of ₹13b, and pays its CEO total annual compensation worth ₹60m.
Simply Wall St - – Full articleWhy Hinduja Global Solutions Limited (NSE:HGS) Could Have A Place In Your Portfolio
In the case of Hinduja Global Solutions Limited (NSE:HGS), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Hinduja Global Solutions here
Simply Wall St - – Full articleHinduja Global Solutions Limited (NSE:HGS) Insiders Have Been Selling
So before you buy or sell Hinduja Global Solutions Limited (NSE:HGS), you may well want to know whether insiders have been buying or selling. … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. … The Last 12 Months Of Insider Transactions At Hinduja Global Solutions
Simply Wall St - – Full articleHow Did Hinduja Global Solutions Limited's (NSE:HGS) 12% ROE Fare Against The Industry?
We'll use ROE to examine Hinduja Global Solutions Limited (NSE:HGS), by way of a worked example. … Over the last twelve months Hinduja Global Solutions has recorded a ROE of 12%. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWhy Hinduja Global Solutions Limited’s (NSE:HGS) Return On Capital Employed Looks Uninspiring
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleShould Hinduja Global Solutions Limited (NSE:HGS) Be Part Of Your Portfolio?
Historically, Hinduja Global Solutions Limited (NSE:HGS) has paid a dividend to shareholders. … Does Hinduja Global Solutions tick all the boxes of a great dividend stock? … View our latest analysis for Hinduja Global Solutions
Simply Wall St - – Full articleShould You Be Happy With Hinduja Global Solutions Limited's (NSE:HGS) Performance Lately?
When Hinduja Global Solutions Limited (NSE:HGS) announced its most recent earnings (30 September 2018), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … Understanding how Hinduja Global Solutions performed requires a benchmark rather than trying to assess a standalone number at one point in time. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 4.2%, indicating the rate at which HGS is growing has slowed down
Simply Wall St - – Full articleHinduja Global Solutions Limited (NSE:HGS): Commentary On Fundamentals
In the case of Hinduja Global Solutions Limited (NSE:HGS), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Hinduja Global Solutions here
Simply Wall St - – Full articleHGS Company Info
Description
Hinduja Global Solutions Limited provides business process management services in the United States, Canada, Europe, Asia, and the Middle East. The company provides a suite of DigiCX services and solutions, including voice/IVR, email, chat, text, social, self-service, mobile camera support, mobile messaging, and work at home. It also offers business process optimization solutions, such as back-office, human resources outsourcing, and B2B. In addition, the company provides digital transformation services comprising analytics, automation, and digital marketing solutions. Further, it is involved in investment activities; and the provision of customer relationship management programs in the consumer goods and services, e-commerce, telecom and media verticals, as well as contact center, consulting, call center, and offshoring services. Hinduja Global Solutions Limited serves customers in automotive, banking, financial, insurance, consumer electronics and technology, consumer packaged goods, healthcare, public sector, retail, telecom, and travel and hospitality industries. The company was formerly known as HTMT Global Solutions Limited and changed its name to Hinduja Global Solutions Limited in December 2008. Hinduja Global Solutions Limited was founded in 1973 and is based in Bengaluru, India.
Details
| Name: | Hinduja Global Solutions Limited |
| HGS | |
| Exchange: | NSEI |
| Founded: | 1973 |
| ₹13,805,800,400 | |
| 20,838,944 | |
| Website: | http://www.teamhgs.com |
| Address: |
Hinduja Global Solutions Limited HGS House, No. 614, Vajpayee Nagar, Bengaluru, Karnataka, 560068, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 532859 | Equity Shares | Mumbai Stock Exchange | IN | INR | 19. Jun 2007 | |
| NSEI | HGS | Equity Shares | National Stock Exchange of India | IN | INR | 19. Jun 2007 |
Number of employees
Current staff
Industry
| IT Consulting and Other Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/18 12:53 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/02/11 |
| Last earnings filing: | 2019/02/07 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
