HGM

HandsOn Global Management (HGM) Limited

HandsOn Global Management (HGM) Limited (HGM) financial statements and selected valuation metrics through 30 June 2026.

Information Technology›Information Technology›IT - Services›IT Enabled Services

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Key metrics

Price as of 2026-10-16

Stock price
₹41.02
Market cap
52 Cr
Stock P/E
Loss (TTM EPS ₹-5.44)
P/B
2.53
ROE (FY26)
-15.0%
ROCE (FY26)
-0.4%
Operating margin (FY26)
-6.1%
Debt / equity (FY26)
0.75
OCF / EBITDA (3Y)
-174.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

HGM (HandsOn Global Management, formerly HOV Services) provides technology-enabled business services and is building an AI-driven healthcare services platform in the United States, aimed at revenue cycle management, medical coding, ambient listening and healthcare analytics.

Company snapshot

54thBy market cap

Ranked among 56 companies in IT Enabled Services.

Segment mix

Reportable segments as of 2022-03-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

SegmentRevenue shareRevenuePBTAssets
Nil—0 Cr0 Cr—

What we see

Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales4 Cr4 Cr4 Cr6 Cr6 Cr6 Cr6 Cr14 Cr19 Cr14 Cr13 Cr11 Cr
Operating expenses (approx.)4 Cr3 Cr3 Cr5 Cr5 Cr5 Cr4 Cr11 Cr18 Cr17 Cr15 Cr12 Cr
EBITDA0.70 Cr0.65 Cr0.81 Cr0.92 Cr0.89 Cr0.85 Cr1 Cr2 Cr1 Cr-2 Cr-2 Cr-1 Cr
OPM %16.3%16.2%19.0%16.5%16.0%14.6%18.6%17.5%5.7%-16.9%-16.1%-11.0%
Other income0.47 Cr0.42 Cr0.47 Cr0.44 Cr0.48 Cr0.92 Cr0.44 Cr0.52 Cr0.81 Cr0.66 Cr1 Cr0.29 Cr
Interest0.03 Cr0.03 Cr0.03 Cr0.05 Cr0.05 Cr0.04 Cr0.04 Cr0.08 Cr0.14 Cr0.44 Cr0.43 Cr0.50 Cr
Depreciation0.16 Cr0.16 Cr0.16 Cr0.25 Cr0.25 Cr0.25 Cr0.25 Cr0.41 Cr0.60 Cr0.80 Cr0.81 Cr0.80 Cr
Profit before tax0.99 Cr0.87 Cr1 Cr1 Cr1 Cr1 Cr1 Cr2 Cr1 Cr-3 Cr-2 Cr-2 Cr
Tax %26.4%27.5%26.0%27.1%26.1%10.0%-12.2%28.1%57.1%-4.2%-20.4%5.7%
Net profit0.73 Cr0.63 Cr0.81 Cr0.78 Cr0.80 Cr1 Cr1 Cr2 Cr0.50 Cr-3 Cr-2 Cr-2 Cr
EPS (₹)₹0.58₹0.50₹0.64₹0.62₹0.63₹1.05₹1.05₹1.37₹0.39₹-2.48₹-1.71₹-1.64

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales15 Cr14 Cr11 Cr11 Cr10 Cr10 Cr12 Cr16 Cr22 Cr59 CrSign in free for the trailing twelve months
Operating expenses (approx.)15 Cr13 Cr10 Cr9 Cr7 Cr8 Cr10 Cr13 Cr19 Cr60 CrSign in free for the trailing twelve months
EBITDA0.08 Cr0.20 Cr0.26 Cr2 Cr2 Cr2 Cr2 Cr3 Cr4 Cr-0.98 CrSign in free for the trailing twelve months
OPM %0.5%1.5%2.4%20.9%24.3%23.7%19.9%16.7%16.4%-1.7%Sign in free for the trailing twelve months
Other income1 Cr4 Cr0.96 Cr1 Cr2 Cr1 Cr4 Cr2 Cr2 Cr3 CrSign in free for the trailing twelve months
Interest0.62 Cr0.25 Cr0 Cr0.72 Cr0.12 Cr0.09 Cr0.16 Cr0.13 Cr0.17 Cr1 CrSign in free for the trailing twelve months
Depreciation0.85 Cr1 Cr0.53 Cr0.55 Cr0.62 Cr0.62 Cr0.60 Cr0.63 Cr1 Cr3 CrSign in free for the trailing twelve months
Profit before tax-145 Cr3 Cr0.69 Cr1 Cr3 Cr3 Cr6 Cr4 Cr5 Cr-1 CrSign in free for the trailing twelve months
Tax %-0.4%22.8%74.6%54.8%22.6%29.0%17.5%27.3%12.0%-149.0%Sign in free for the trailing twelve months
Net profit-146 Cr2 Cr0.18 Cr0.67 Cr3 Cr2 Cr5 Cr3 Cr4 Cr-3 CrSign in free for the trailing twelve months
EPS (₹)₹-116.14₹1.90₹0.14₹0.53₹2.04₹1.71₹3.63₹2.13₹3.35₹-2.42Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%0.0%0.0%0.0%—Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr
Reserves21 Cr704 Cr431 Cr21 Cr83 Cr17 Cr10 Cr10 Cr11 Cr8 Cr
Borrowings12 Cr4 Cr3 Cr—0.69 Cr————15 Cr
Other liabilities6 Cr291 Cr163 Cr18 Cr20 Cr15 Cr15 Cr13 Cr15 Cr37 Cr
Total liabilities52 Cr1,011 Cr610 Cr52 Cr117 Cr45 Cr38 Cr36 Cr40 Cr73 Cr
Fixed assets (net)2 Cr1 Cr1 Cr0.31 Cr0.21 Cr0.11 Cr0.65 Cr0.43 Cr0.24 Cr1 Cr
CWIP———0 Cr0 Cr0 Cr——0 Cr0 Cr
Investments20 Cr987 Cr595 Cr36 Cr101 Cr27 Cr15 Cr13 Cr10 Cr8 Cr
Trade receivables4 Cr4 Cr3 Cr6 Cr5 Cr5 Cr6 Cr8 Cr15 Cr28 Cr
Cash & bank2 Cr5 Cr7 Cr2 Cr2 Cr1 Cr5 Cr4 Cr4 Cr6 Cr
Other assets24 Cr13 Cr4 Cr8 Cr9 Cr12 Cr11 Cr10 Cr10 Cr30 Cr
Total assets52 Cr1,011 Cr610 Cr52 Cr117 Cr45 Cr38 Cr36 Cr40 Cr73 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity1 Cr10 Cr3 Cr-3 Cr2 Cr-0.09 Cr2 Cr-4 Cr-1 Cr-4 Cr
Cash from investing0.95 Cr0.63 Cr0.64 Cr-10 Cr0.95 Cr1 Cr2 Cr4 Cr2 Cr0.64 Cr
Cash from financing-1 Cr-8 Cr-1 Cr8 Cr-2 Cr-2 Cr-1 Cr-0.50 Cr-0.89 Cr6 Cr
Net cash flow1 Cr3 Cr2 Cr-4 Cr0.43 Cr-1 Cr4 Cr-0.46 Cr-0.36 Cr2 Cr
Free cash flow (OCF − Capex)1 Cr10 Cr2 Cr-3 Cr2 Cr-0.09 Cr2 Cr-4 Cr-1 Cr-6 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %-313.3%0.5%0.2%6.5%3.6%10.4%25.2%16.7%20.6%-0.4%
ROE %-427.7%0.3%0.0%2.0%2.7%7.2%20.2%11.8%17.5%-15.0%
Debtor days10211597194187188184187248170
Inventory days——00000000
Days payable24233334292528193836
Cash conversion cycle789265159157163156168210134
OCF / EBITDA %n.m.n.m.n.m.-113.9%68.4%-3.9%96.4%-136.4%-34.0%—
OCF / EBITDA % (3 years)——n.m.361.8%34.0%-15.7%53.7%-19.4%-29.7%-174.5%
Debt / equity0.350.00600.0073—0.0072————0.75
Current ratio1.322.982.660.690.910.781.111.631.591.16
Net debt / EBITDA123.12—-14.62-0.83-0.70-0.56-2.02-1.63-1.10—