HOV Services Ltd
Incorporated in 1989, HOV Services Ltd is engaged in Business Process Outsource Industry
- Market Cap ₹ 77.2 Cr.
- Current Price ₹ 61.3
- High / Low ₹ 97.4 / 41.6
- Stock P/E 30.3
- Book Value ₹ 18.8
- Dividend Yield 0.00 %
- ROCE 19.5 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 3.26 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.37% over past five years.
- Company has a low return on equity of 5.98% over last 3 years.
- Earnings include an other income of Rs.1.88 Cr.
- Company has high debtors of 185 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10.54 | 14.02 | 17.33 | 16.40 | 15.15 | 15.43 | 13.60 | 10.54 | 10.97 | 9.66 | 10.06 | 12.06 | 14.98 | |
9.26 | 15.44 | 19.84 | 18.21 | 14.86 | 15.36 | 13.39 | 10.28 | 9.45 | 7.31 | 7.68 | 9.66 | 12.60 | |
Operating Profit | 1.28 | -1.42 | -2.51 | -1.81 | 0.29 | 0.07 | 0.21 | 0.26 | 1.52 | 2.35 | 2.38 | 2.40 | 2.38 |
OPM % | 12.14% | -10.13% | -14.48% | -11.04% | 1.91% | 0.45% | 1.54% | 2.47% | 13.86% | 24.33% | 23.66% | 19.90% | 15.89% |
0.99 | 1.56 | 1.01 | 0.57 | 1.12 | 1.01 | 4.18 | 0.96 | 1.24 | 1.72 | 1.35 | 3.90 | 1.88 | |
Interest | 0.00 | 0.00 | 0.16 | 0.41 | 0.61 | 0.62 | 0.25 | 0.00 | 0.72 | 0.12 | 0.09 | 0.16 | 0.14 |
Depreciation | 0.28 | 0.50 | 0.97 | 1.01 | 0.97 | 0.85 | 1.07 | 0.53 | 0.55 | 0.62 | 0.62 | 0.60 | 0.64 |
Profit before tax | 1.99 | -0.36 | -2.63 | -2.66 | -0.17 | -0.39 | 3.07 | 0.69 | 1.49 | 3.33 | 3.02 | 5.54 | 3.48 |
Tax % | 40.20% | -213.89% | -16.73% | 6.77% | -258.82% | -151.28% | 22.80% | 75.36% | 55.03% | 22.52% | 28.81% | 17.51% | |
-9.24 | 4.00 | -49.52 | -155.79 | -275.64 | -145.56 | 2.38 | 0.18 | 0.67 | 2.57 | 2.15 | 4.57 | 2.72 | |
EPS in Rs | -7.40 | 3.91 | -39.11 | -124.12 | -219.94 | -116.15 | 1.90 | 0.14 | 0.53 | 2.04 | 1.71 | 3.63 | 2.16 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -2% |
3 Years: | 3% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 14% |
3 Years: | 89% |
TTM: | -43% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | -15% |
3 Years: | 10% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | -24% |
5 Years: | 1% |
3 Years: | 6% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.49 | 12.49 | 12.50 | 12.51 | 12.53 | 12.53 | 12.54 | 12.59 | 12.59 | 12.59 | 12.60 | 12.60 | 12.60 |
Reserves | 199.67 | 201.85 | 155.81 | 565.62 | 324.92 | 21.50 | 703.76 | 431.03 | 21.15 | 83.35 | 17.36 | 9.99 | 11.05 |
0.00 | 8.46 | 10.23 | 12.59 | 13.37 | 12.87 | 5.22 | 4.29 | 3.64 | 2.98 | 3.06 | 1.42 | 1.24 | |
10.98 | 11.36 | 5.99 | 7.43 | 6.91 | 5.55 | 287.86 | 159.89 | 14.28 | 16.74 | 12.25 | 13.66 | 11.86 | |
Total Liabilities | 223.14 | 234.16 | 184.53 | 598.15 | 357.73 | 52.45 | 1,009.38 | 607.80 | 51.66 | 115.66 | 45.27 | 37.67 | 36.75 |
1.27 | 5.15 | 4.79 | 3.79 | 3.10 | 11.83 | 10.74 | 10.19 | 10.31 | 9.82 | 10.99 | 10.39 | 9.98 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 191.91 | 205.17 | 161.19 | 572.78 | 332.51 | 20.32 | 987.24 | 586.23 | 26.59 | 91.89 | 18.09 | 7.00 | 6.90 |
29.96 | 23.84 | 18.55 | 21.58 | 22.12 | 20.30 | 11.40 | 11.38 | 14.76 | 13.95 | 16.19 | 20.28 | 19.87 | |
Total Assets | 223.14 | 234.16 | 184.53 | 598.15 | 357.73 | 52.45 | 1,009.38 | 607.80 | 51.66 | 115.66 | 45.27 | 37.67 | 36.75 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18.05 | -5.77 | -7.35 | -3.64 | -1.25 | 1.25 | 9.89 | 2.68 | -2.61 | 1.67 | -0.11 | 2.19 | |
0.32 | -11.94 | 1.01 | 1.23 | 1.69 | 0.95 | 0.63 | 0.64 | -10.84 | 0.88 | 1.19 | 2.61 | |
-2.90 | 8.26 | 0.30 | 1.10 | -0.70 | -1.12 | -7.87 | -1.28 | 8.36 | -2.12 | -2.09 | -1.29 | |
Net Cash Flow | 15.47 | -9.45 | -6.04 | -1.31 | -0.27 | 1.09 | 2.66 | 2.04 | -5.09 | 0.43 | -1.01 | 3.51 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62.33 | 108.04 | 60.66 | 95.26 | 126.24 | 102.66 | 115.67 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 |
Inventory Days | 0.00 | |||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 62.33 | 108.04 | 60.66 | 95.26 | 126.24 | 102.66 | 115.67 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 |
Working Capital Days | -261.80 | -125.22 | 10.32 | 9.79 | 47.22 | 1.42 | 38.92 | -9.35 | -277.16 | -241.82 | -237.65 | -209.74 |
ROCE % | -0.17% | -1.23% | -0.58% | 0.09% | 0.12% | 0.87% | 0.12% | 0.91% | 5.06% | 4.70% | 19.46% |
Documents
Announcements
- PCS Certificate Under Regulation 40(10) 15 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Attached certificate for March 31, 2024.
- Clarification On Price Movement 9 Apr
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Clarification sought from HOV Services Ltd
9 Apr - Exchange has sought clarification from HOV Services Ltd on April 8, 2024 with reference to significant movement in price, in order to ensure that investors …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Business Overview:[1]
Company operates as a hybrid between various investment portfolios and a diversified services corporation including data entry services, software development, support services