Handson Global Management (HGM) Ltd
Incorporated in 1989, Handson Global Management Ltd is in the business of providing Software and IT enabled services[1]
- Market Cap ₹ 82.6 Cr.
- Current Price ₹ 65.6
- High / Low ₹ 89.0 / 41.5
- Stock P/E 13.0
- Book Value ₹ 28.2
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.7% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.69 Cr.
- Company has high debtors of 249 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
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 15m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.92 | 12.54 | 13.51 | 13.65 | 12.55 | 10.54 | 10.97 | 9.66 | 10.06 | 12.06 | 16.12 | 22.47 | 43.45 | |
| 15.38 | 13.40 | 12.65 | 12.81 | 11.53 | 9.59 | 8.68 | 7.31 | 7.67 | 9.65 | 13.42 | 18.78 | 36.62 | |
| Operating Profit | 0.54 | -0.86 | 0.86 | 0.84 | 1.02 | 0.95 | 2.29 | 2.35 | 2.39 | 2.41 | 2.70 | 3.69 | 6.83 |
| OPM % | 3.39% | -6.86% | 6.37% | 6.15% | 8.13% | 9.01% | 20.88% | 24.33% | 23.76% | 19.98% | 16.75% | 16.42% | 15.72% |
| 1.27 | 0.82 | 1.33 | 1.06 | -9.18 | 0.93 | -59.47 | 61.65 | -64.74 | 1.94 | 3.79 | 2.28 | 2.69 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.16 | 0.12 | 0.09 | 0.16 | 0.13 | 0.17 | 0.30 |
| Depreciation | 0.40 | 0.44 | 0.36 | 0.18 | 0.10 | 0.09 | 0.55 | 0.62 | 0.62 | 0.60 | 0.63 | 1.00 | 1.51 |
| Profit before tax | 1.41 | -0.48 | 1.83 | 1.72 | -8.26 | 1.79 | -57.89 | 63.26 | -63.06 | 3.59 | 5.73 | 4.80 | 7.71 |
| Tax % | 39.72% | -37.50% | 24.04% | 34.30% | 7.02% | 29.05% | 1.42% | 1.19% | 1.38% | 27.02% | 17.63% | 11.88% | |
| 0.85 | -0.29 | 1.39 | 1.13 | -8.84 | 1.28 | -58.70 | 62.50 | -63.94 | 2.61 | 4.72 | 4.22 | 6.38 | |
| EPS in Rs | 0.68 | -0.23 | 1.11 | 0.90 | -7.05 | 1.02 | -46.63 | 49.65 | -50.77 | 2.07 | 3.75 | 3.35 | 5.07 |
| 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: | 6% |
| 5 Years: | 15% |
| 3 Years: | 31% |
| TTM: | 124% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 29% |
| 3 Years: | 12% |
| TTM: | 111% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 11% |
| 3 Years: | 7% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.50 | 12.51 | 12.53 | 12.53 | 12.54 | 12.59 | 12.59 | 12.59 | 12.60 | 12.60 | 12.60 | 12.60 | 12.60 |
| Reserves | 73.06 | 72.81 | 74.21 | 75.37 | 66.58 | 68.06 | 9.30 | 71.83 | 7.89 | 10.47 | 15.08 | 19.20 | 22.92 |
| 7.89 | 7.38 | 6.76 | 6.04 | 5.22 | 4.28 | 3.65 | 2.98 | 3.06 | 1.42 | 1.05 | 1.41 | 9.53 | |
| 2.61 | 2.49 | 2.75 | 2.03 | 2.15 | 2.13 | 3.00 | 1.69 | 1.56 | 2.04 | 2.11 | 4.12 | 8.02 | |
| Total Liabilities | 96.06 | 95.19 | 96.25 | 95.97 | 86.49 | 87.06 | 28.54 | 89.09 | 25.11 | 26.53 | 30.84 | 37.33 | 53.07 |
| 1.05 | 0.57 | 0.41 | 9.76 | 9.64 | 9.56 | 10.31 | 9.82 | 10.99 | 10.39 | 9.57 | 9.49 | 17.77 | |
| 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 | 76.16 | 75.97 | 75.78 | 66.08 | 66.08 | 66.08 | 5.39 | 66.08 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 |
| 18.85 | 18.65 | 20.06 | 20.13 | 10.77 | 11.42 | 12.84 | 13.19 | 14.12 | 16.14 | 21.27 | 27.84 | 35.29 | |
| Total Assets | 96.06 | 95.19 | 96.25 | 95.97 | 86.49 | 87.06 | 28.54 | 89.09 | 25.11 | 26.53 | 30.84 | 37.33 | 53.07 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.73 | -0.22 | -0.88 | 1.82 | 11.29 | 2.56 | -2.64 | 1.67 | -0.11 | 2.10 | -1.33 | -1.25 | |
| -0.74 | 1.85 | 1.83 | 1.05 | 0.56 | 0.48 | 0.76 | 0.95 | 1.17 | 0.61 | 3.68 | 1.79 | |
| -1.87 | -1.36 | -1.48 | -1.59 | -10.12 | -1.28 | -2.01 | -2.12 | -2.09 | -1.29 | -0.50 | -0.89 | |
| Net Cash Flow | 0.12 | 0.27 | -0.53 | 1.28 | 1.73 | 1.77 | -3.89 | 0.50 | -1.03 | 1.42 | 1.85 | -0.36 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65.57 | 76.26 | 131.57 | 105.36 | 119.82 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 | 187.48 | 249.02 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 65.57 | 76.26 | 131.57 | 105.36 | 119.82 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 | 187.48 | 249.02 |
| Working Capital Days | 62.59 | 32.31 | 98.34 | 75.41 | 49.73 | 19.74 | 96.16 | 76.33 | 107.40 | 129.54 | 143.55 | 179.66 |
| ROCE % | 1.51% | -0.52% | 1.97% | 1.84% | 2.22% | 2.11% | 5.36% | 4.76% | 5.61% | 15.32% | 14.24% | 16.05% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
10 Dec - Vikram Negi resigned as Executive Director effective December 10, 2025; resignation letter enclosed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Nov - Newspaper publish for postal ballot notice dispatch on November 18, 2025
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
18 Nov - Appoint Bhavana Sharma as Independent Director Oct 15, 2025–Oct 14, 2030; e-voting Nov 19–Dec 18.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper publish of Q2 FY 2025-26 Financial Results
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Nov 14, 2025
14 Nov - Q2 results approved; acquired Aideo for ₹545.84L, goodwill ₹1,697.06L; HOVS LLC demerger approved.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1][2]
HGM operates as a hybrid between an investment and a diversified service company, including data entry services, software development, and support services. Its business encompasses the majority of Software and IT
enabled Services