HOV Services Ltd
Incorporated in 1989, HOV Services Ltd is engaged in Business Process Outsource Industry
- Market Cap ₹ 87.0 Cr.
- Current Price ₹ 69.0
- High / Low ₹ 111 / 41.5
- Stock P/E 20.6
- Book Value ₹ 19.1
- Dividend Yield 0.00 %
- ROCE 20.1 %
- ROE 18.0 %
- 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
- Earnings include an other income of Rs.2.27 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17.33 | 16.40 | 15.15 | 15.43 | 13.60 | 10.54 | 10.97 | 9.66 | 10.06 | 12.06 | 16.12 | 22.47 | |
19.84 | 18.21 | 14.86 | 15.36 | 13.39 | 10.28 | 9.45 | 7.31 | 7.68 | 9.66 | 13.43 | 18.78 | |
Operating Profit | -2.51 | -1.81 | 0.29 | 0.07 | 0.21 | 0.26 | 1.52 | 2.35 | 2.38 | 2.40 | 2.69 | 3.69 |
OPM % | -14.48% | -11.04% | 1.91% | 0.45% | 1.54% | 2.47% | 13.86% | 24.33% | 23.66% | 19.90% | 16.69% | 16.42% |
1.01 | 0.57 | 1.12 | 1.01 | 4.18 | 0.96 | 1.24 | 1.72 | 1.35 | 3.90 | 1.76 | 2.27 | |
Interest | 0.16 | 0.41 | 0.61 | 0.62 | 0.25 | 0.00 | 0.72 | 0.12 | 0.09 | 0.16 | 0.13 | 0.17 |
Depreciation | 0.97 | 1.01 | 0.97 | 0.85 | 1.07 | 0.53 | 0.55 | 0.62 | 0.62 | 0.60 | 0.63 | 1.00 |
Profit before tax | -2.63 | -2.66 | -0.17 | -0.39 | 3.07 | 0.69 | 1.49 | 3.33 | 3.02 | 5.54 | 3.69 | 4.79 |
Tax % | 16.73% | -6.77% | 258.82% | 151.28% | 22.80% | 75.36% | 55.03% | 22.52% | 28.81% | 17.51% | 27.37% | 11.90% |
-49.52 | -155.79 | -275.64 | -145.56 | 2.38 | 0.18 | 0.67 | 2.57 | 2.15 | 4.57 | 2.69 | 4.22 | |
EPS in Rs | -39.11 | -124.12 | -219.94 | -116.15 | 1.90 | 0.14 | 0.53 | 2.04 | 1.71 | 3.63 | 2.14 | 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: | 3% |
5 Years: | 15% |
3 Years: | 31% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 45% |
3 Years: | 26% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 7% |
3 Years: | 10% |
1 Year: | 9% |
Return on Equity | |
---|---|
10 Years: | -20% |
5 Years: | 8% |
3 Years: | 16% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 155.81 | 565.62 | 324.92 | 21.50 | 703.76 | 431.03 | 21.15 | 83.35 | 17.36 | 9.99 | 10.25 | 11.46 |
10.23 | 12.59 | 13.37 | 12.87 | 5.22 | 4.29 | 3.64 | 2.98 | 3.06 | 1.42 | 1.05 | 1.40 | |
5.99 | 7.43 | 6.91 | 5.55 | 287.86 | 159.89 | 14.28 | 16.74 | 12.25 | 13.66 | 11.79 | 14.07 | |
Total Liabilities | 184.53 | 598.15 | 357.73 | 52.45 | 1,009.38 | 607.80 | 51.66 | 115.66 | 45.27 | 37.67 | 35.69 | 39.53 |
4.79 | 3.79 | 3.10 | 11.83 | 10.74 | 10.19 | 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 | 161.19 | 572.78 | 332.51 | 20.32 | 987.24 | 586.23 | 26.59 | 91.89 | 18.09 | 7.00 | 4.81 | 2.17 |
18.55 | 21.58 | 22.12 | 20.30 | 11.40 | 11.38 | 14.76 | 13.95 | 16.19 | 20.28 | 21.31 | 27.87 | |
Total Assets | 184.53 | 598.15 | 357.73 | 52.45 | 1,009.38 | 607.80 | 51.66 | 115.66 | 45.27 | 37.67 | 35.69 | 39.53 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7.35 | -3.64 | -1.25 | 1.25 | 9.89 | 2.68 | -2.61 | 1.67 | -0.11 | 2.19 | -1.35 | -1.25 | |
1.01 | 1.23 | 1.69 | 0.95 | 0.63 | 0.64 | -10.84 | 0.88 | 1.19 | 2.61 | 1.39 | 1.79 | |
0.30 | 1.10 | -0.70 | -1.12 | -7.87 | -1.28 | 8.36 | -2.12 | -2.09 | -1.29 | -0.50 | -0.89 | |
Net Cash Flow | -6.04 | -1.31 | -0.27 | 1.09 | 2.66 | 2.04 | -5.09 | 0.43 | -1.01 | 3.51 | -0.46 | -0.36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 60.66 | 95.26 | 126.24 | 102.66 | 115.67 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 | 187.48 | 249.02 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 60.66 | 95.26 | 126.24 | 102.66 | 115.67 | 97.31 | 193.65 | 187.03 | 188.67 | 184.62 | 187.48 | 249.02 |
Working Capital Days | 10.32 | 9.79 | 47.22 | 1.42 | 38.92 | -9.35 | -277.16 | -241.82 | -237.65 | -209.74 | -67.70 | 29.40 |
ROCE % | -1.23% | -0.58% | 0.09% | 0.12% | 0.87% | 0.12% | 0.91% | 5.06% | 4.70% | 19.46% | 15.78% | 20.14% |
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
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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
from bse
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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