HOV Services Ltd
Incorporated in 1989, HOV Services Ltd is engaged in Business Process Outsource Industry
- Market Cap ₹ 85.0 Cr.
- Current Price ₹ 67.5
- High / Low ₹ 111 / 41.5
- Stock P/E 20.1
- Book Value ₹ 25.2
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 12.7% over last 3 years.
- Earnings include an other income of Rs.2.28 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15.92 | 12.54 | 13.51 | 13.65 | 12.55 | 10.54 | 10.97 | 9.66 | 10.06 | 12.06 | 16.12 | 22.47 | |
15.38 | 13.40 | 12.65 | 12.81 | 11.53 | 9.59 | 8.68 | 7.31 | 7.67 | 9.65 | 13.42 | 18.78 | |
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 |
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% |
1.27 | 0.82 | 1.33 | 1.06 | -9.18 | 0.93 | -59.47 | 61.65 | -64.74 | 1.94 | 3.79 | 2.28 | |
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 |
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 |
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 |
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 | |
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 |
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: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 29% |
3 Years: | 12% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 9% |
3 Years: | 13% |
1 Year: | 12% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
7.89 | 7.38 | 6.76 | 6.04 | 5.22 | 4.28 | 3.65 | 2.98 | 3.06 | 1.42 | 1.05 | 1.40 | |
2.61 | 2.49 | 2.75 | 2.03 | 2.15 | 2.13 | 3.00 | 1.69 | 1.56 | 2.04 | 2.10 | 4.12 | |
Total Liabilities | 96.06 | 95.19 | 96.25 | 95.97 | 86.49 | 87.06 | 28.54 | 89.09 | 25.11 | 26.53 | 30.83 | 37.32 |
1.05 | 0.57 | 0.41 | 9.76 | 9.64 | 9.56 | 10.31 | 9.82 | 10.99 | 10.39 | 9.57 | 9.49 | |
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 |
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 |
18.85 | 18.65 | 20.06 | 20.13 | 10.77 | 11.42 | 12.84 | 13.19 | 14.12 | 16.14 | 21.26 | 27.83 | |
Total Assets | 96.06 | 95.19 | 96.25 | 95.97 | 86.49 | 87.06 | 28.54 | 89.09 | 25.11 | 26.53 | 30.83 | 37.32 |
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 | 146.98 | 148.76 | 140.73 | 151.48 | 191.03 |
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)-Newspaper Publication
31 May - Clips of newspaper publication on May 31, 2025 regarding financial results.
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Intimation Of 37Th Annual General Meeting
30 May - HOV Services schedules 37th AGM on Sept 12, 2025, with key voting and book closure dates.
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ESOP Grant Under HOVS ESOP Plan
30 May - Granted 60,000 stock options under HOVS ESOP Plan 2007 to an eligible employee on May 30, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Audited FY25 results approved; 37th AGM on Sep 12; US subsidiary formed; key management appointments made.
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HOV Services Limited Has informed Regarding Outcome Of Board Meeting Held On May 30, 2025 Along With Audited Results And Other Disclosures Matter.
30 May - Audited FY25 results approved; 37th AGM set for Sept 12; new US subsidiary formed; director re-appointed; ESOP granted.
Annual reports
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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
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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
from bse
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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