HOV Services Ltd

HOV Services Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

HOV Services Ltd

₹ 59.7 -1.08%
09 May - close price
hovsltd.com BSE: 532761 NSE - BE : HOVS
About

Incorporated in 1989, HOV Services Ltd is engaged in Business Process Outsource Industry

Key Points

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

Website BSE NSE - BE
  • Market Cap ₹ 75.2 Cr.
  • Current Price ₹ 59.7
  • High / Low ₹ 97.4 / 41.6
  • Stock P/E 27.3
  • Book Value ₹ 20.9
  • Dividend Yield 0.00 %
  • ROCE 15.3 %
  • ROE 11.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 2.85 times its book value
  • The company has delivered a poor sales growth of -0.79% over past five years.
  • Company has a low return on equity of 6.35% over last 3 years.
  • Earnings include an other income of Rs.3.78 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2.55 2.28 2.46 2.45 2.50 2.65 2.92 2.98 3.02 3.13 3.57 4.29 3.99
1.94 1.59 1.89 1.92 1.88 1.99 2.35 2.31 2.36 2.63 3.03 3.60 3.35
Operating Profit 0.61 0.69 0.57 0.53 0.62 0.66 0.57 0.67 0.66 0.50 0.54 0.69 0.64
OPM % 23.92% 30.26% 23.17% 21.63% 24.80% 24.91% 19.52% 22.48% 21.85% 15.97% 15.13% 16.08% 16.04%
3.57 35.43 0.33 -5.16 -43.39 -16.51 0.53 0.54 0.43 0.45 0.37 2.54 0.42
Interest 0.04 -0.01 0.03 0.03 0.02 0.02 0.01 0.06 0.05 0.04 0.04 0.03 0.03
Depreciation 0.16 0.15 0.16 0.16 0.15 0.15 0.13 0.14 0.18 0.16 0.16 0.16 0.16
Profit before tax 3.98 35.98 0.71 -4.82 -42.94 -16.02 0.96 1.01 0.86 0.75 0.71 3.04 0.87
Tax % 5.28% 0.61% 28.17% -3.73% -0.54% -1.69% 26.04% 27.72% 45.35% 5.33% 32.39% 8.55% 27.59%
3.78 35.76 0.52 -5.00 -43.17 -16.29 0.71 0.73 0.47 0.71 0.49 2.78 0.64
EPS in Rs 3.00 28.41 0.41 -3.97 -34.29 -12.93 0.56 0.58 0.37 0.56 0.39 2.21 0.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
9.41 11.36 15.92 12.54 13.51 13.65 12.55 10.54 10.97 9.66 10.06 12.06 14.98
7.74 10.30 15.38 13.40 12.65 12.81 11.53 9.59 8.68 7.31 7.67 9.65 12.61
Operating Profit 1.67 1.06 0.54 -0.86 0.86 0.84 1.02 0.95 2.29 2.35 2.39 2.41 2.37
OPM % 17.75% 9.33% 3.39% -6.86% 6.37% 6.15% 8.13% 9.01% 20.88% 24.33% 23.76% 19.98% 15.82%
1.00 1.47 1.27 0.82 1.33 1.06 -9.18 0.93 -59.47 61.65 -64.74 1.94 3.78
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.16 0.12 0.09 0.16 0.14
Depreciation 0.27 0.34 0.40 0.44 0.36 0.18 0.10 0.09 0.55 0.62 0.62 0.60 0.64
Profit before tax 2.40 2.19 1.41 -0.48 1.83 1.72 -8.26 1.79 -57.89 63.26 -63.06 3.59 5.37
Tax % 33.33% 35.16% 39.72% 37.50% 24.04% 34.30% -7.02% 29.05% -1.42% 1.19% -1.38% 27.02%
1.60 1.42 0.85 -0.29 1.39 1.13 -8.84 1.28 -58.70 62.50 -63.94 2.61 4.62
EPS in Rs 1.28 1.14 0.68 -0.23 1.11 0.90 -7.05 1.02 -46.63 49.65 -50.77 2.07 3.67
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: -1%
3 Years: 3%
TTM: 29%
Compounded Profit Growth
10 Years: 6%
5 Years: 26%
3 Years: 30%
TTM: 20%
Stock Price CAGR
10 Years: -4%
5 Years: -15%
3 Years: 7%
1 Year: 28%
Return on Equity
10 Years: 2%
5 Years: 4%
3 Years: 6%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 70.77 72.19 73.06 72.81 74.21 75.37 66.58 68.06 9.30 71.83 7.89 10.47 13.74
0.00 8.46 7.89 7.38 6.76 6.04 5.22 4.28 3.65 2.98 3.06 1.42 1.24
2.39 2.16 2.61 2.49 2.75 2.03 2.15 2.13 3.00 1.69 1.56 2.04 2.22
Total Liabilities 85.65 95.30 96.06 95.19 96.25 95.97 86.49 87.06 28.54 89.09 25.11 26.53 29.80
1.26 1.08 1.05 0.57 0.41 9.76 9.64 9.56 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 65.55 73.68 76.16 75.97 75.78 66.08 66.08 66.08 5.39 66.08 0.00 0.00 0.00
18.84 20.54 18.85 18.65 20.06 20.13 10.77 11.42 12.84 13.19 14.12 16.14 19.82
Total Assets 85.65 95.30 96.06 95.19 96.25 95.97 86.49 87.06 28.54 89.09 25.11 26.53 29.80

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Dec 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4.44 -13.59 2.73 -0.22 -0.88 1.82 11.29 2.56 -2.64 1.67 -0.11 2.10
5.41 -6.64 -0.74 1.85 1.83 1.05 0.56 0.48 0.76 0.95 1.17 0.61
-2.90 8.26 -1.87 -1.36 -1.48 -1.59 -10.12 -1.28 -2.01 -2.12 -2.09 -1.29
Net Cash Flow 6.95 -11.97 0.12 0.27 -0.53 1.28 1.73 1.77 -3.89 0.50 -1.03 1.42

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 69.82 51.09 65.57 76.26 131.57 105.36 119.82 97.31 193.65 187.03 188.67 184.62
Inventory Days
Days Payable
Cash Conversion Cycle 69.82 51.09 65.57 76.26 131.57 105.36 119.82 97.31 193.65 187.03 188.67 184.62
Working Capital Days 41.12 61.05 62.59 32.31 98.34 75.41 49.73 19.74 96.16 146.98 148.76 140.73
ROCE % 2.48% 1.51% -0.52% 1.97% 1.84% 2.22% 2.11% 5.36% 4.76% 5.61% 15.32%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.44% 50.44% 50.44% 50.42% 50.42% 50.41% 50.41% 50.41% 50.41% 50.41% 50.41% 50.41%
49.56% 49.56% 49.56% 49.58% 49.58% 49.59% 49.58% 49.58% 49.57% 49.58% 49.59% 49.58%
No. of Shareholders 7,8458,2918,2308,3528,6068,5528,4928,5239,0278,6319,9699,470

Documents

Announcements

Annual reports

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