HGMInformation Technology

HandsOn Global Management (HGM) Limited

IT Enabled Services · ISIN INE596H01014 · BSE 532761 · NSE EQ · FV ₹10
Last price
₹39
-2.81%today
What this company does

HandsOn Global Management (HGM) Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹11 cr of revenue in its latest quarter (Q1 FY27) and kept -19.1% of sales as profit.

In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 86–127 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns4

How much profit it earns on the money it employs

Balance sheet8

How much it owes, and whether earnings cover the interest

Cash quality17

Whether reported profit actually arrives as cash

Growth & consistency93

Whether sales and profit have grown, and how steadily

Valuation56

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Promoters hold 44%
✓ No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -19.1% net margin
! Sales down 21% vs last year
! Low -40.5% return on equity

What if I invest in HGM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹39▼ -2.81%
latest close · 2026-11-04
1-year return
-33.7%
52-wk low ₹3852-wk high ₹75
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio2.40Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-40.5%Loss
WeakFairStrong ▸15%
Return on capital-16.3%Loss
WeakFairStrong
Net margin-19.1%Loss
ThinDecentStrong
EBITDA margin-8.3%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.75Moderate
LowModerateHigh ▸1
Interest cover-3.4×Risky
RiskyOkayStrong ▸5×
Current ratio1.16Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹49 cr
Book value
₹16
EPS
₹-1.64
latest quarter
Net debt
₹9 cr
owes more than its cash
Enterprise value
₹58 cr
EBITDA
₹-4 cr
annualised
EBIT
₹-7 cr
annualised
Operating margin
-15.6%
Return on assets
-11.3%
Earnings yield
—
P/S
1.13
Sales / share
₹34.3
Tax rate
—
Face value
₹10
Shares
1.3 cr
Working capital
₹5 cr
Current assets
₹37 cr
Current liabilities
₹32 cr
Delivery %
85.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.
Models span ₹15–₹27, midpoint ₹21

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹11 cr
Other Income₹29.2 L
Total Income₹11 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹8 cr
Finance Costs₹49.7 L
Depreciation & Amortisation₹79.6 L
Other Expenses₹4 cr
Total Expenses₹13 cr
Profit before Tax₹-2 cr
Tax Expense₹-12.5 L
Net Profit₹-2 cr
Net margin on total income-18.6%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹8 cr61.4%
Finance costs₹49.7 L3.7%
Depreciation & amortisation₹79.6 L6.0%
Other expenses₹4 cr28.9%
Total income ₹11 cr

The company made a net loss of ₹2 cr this quarter — income covered only ₹84 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue14 cr13 cr11 cr
Total income15 cr14 cr11 cr
Expenses18 cr16 cr13 cr
Profit before tax-3 cr-2 cr-2 cr
Tax12.6 L36.5 L-12.5 L
Net profit (owners' share)-3 cr-2 cr-2 cr
Net margin (owners' share, on revenue)-21.9%-17.0%-19.1%
EPS (₹)-2.48-1.71-1.64
YoY (latest quarter): total income -21.5% · net profit —
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹73 cr
Shareholder equity
₹20 cr
parent shareholders
Total debt
₹15 cr
Cash
₹6 cr
Cash flow · H1 FY25
Operating
₹6.1 L
Investing
₹95.7 L
Financing
₹-44.6 L
Peer comparison
IT Enabled Services · by market value
CompanyPriceMarket capP/E
L&T Technology Services Limited₹4,224₹44,774 cr29.5
Inventurus Knowledge Solutions Limited₹1,730₹29,555 cr37.4
Tata Technologies Limited₹648₹26,306 cr38.4
Netweb Technologies India Limited₹4,088₹23,276 cr43.4
Affle 3i Limited₹1,583₹22,270 cr42.9
SAGILITY LIMITED₹42₹19,812 cr17.4
Black Box Limited₹798₹14,168 cr63.3
Amagi Media Labs Limited₹564₹12,209 cr94.7
Cyient Limited₹1,139₹11,939 cr24.7
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
44.0%
Public
56.0%
Promoter stake down 6.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtGeneral Pacific LLC · Promoter Group1.23 L · ₹91,77315 Jan 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Sep 2026
See the official result
1
To receive, consider and adopt the a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors' thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon. thereon.
Backed by 100% of shareholders other than promotersneeded 50%
8.04 L votes for, 10 against
2
To re-appoint Mr. Sunil Vasant Rajyadhyaksha (DIN: 00011683), Director, who reres by rotaon and, being eligible, seeks reappointment
Backed by 100% of shareholders other than promotersneeded 50%
8.04 L votes for, 11 against
3
To re-appoint Mr. Ajay Puri (DIN:09231339) as an Independent Director of the Company for 2nd term of 5 (Five) consecuve years effecve from September 22, 2026 to September 21, 2031 (both days inclusive).
Backed by 100% of shareholders other than promotersneeded 75%
8.04 L votes for, 11 against
4
To re-classify the Shareholding of certain Promoter/s of the Company to the Public category shareholdings.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
8.04 L votes for, 11 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 43.9% between them · as of 2026-09-30
ADESI234 LLC23.83%
HOF2 LLC13.24%
SUNIL VASANT RAJYADHYAKSHA4.67%
GENERAL PACIFIC LLC1.70%
PARVINDER S CHADHA0.30%
RAJADHYAKSHA ANIL VASANT0.20%
Business done with them
FY2026 · 1 of the group
The company paid ₹84 L to companies in the promoter group last year — about 1.4% of its ₹59 cr revenue.
Mr. Parvinder S Chadha
Other payments to them · As tagged in detail
also owns 0.30% of the company
₹84 L
company paid

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.