MarketFriction

Handson Global Management (HGM) Ltd

NSE HGM · BSE 532761 · IT Enabled Services
₹40.36 -5.17%
NSE close2026-10-01
52 week range40.00 - 81.00
Market cap₹52.9 Cr.
Price band 20% Delivery 81.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4.293.994.275.575.585.805.5113.6118.9514.2512.6710.80
Expenses3.593.353.464.654.684.964.4811.2417.8616.6714.7111.98
Operating Profit0.700.640.810.920.900.841.032.371.09-2.42-2.04-1.18
OPM %16.32%16.04%18.97%16.52%16.13%14.48%18.69%17.41%5.75%-16.98%-16.10%-10.93%
Other Income0.480.420.470.440.480.920.440.520.810.661.490.29
Interest0.030.030.030.050.050.040.040.080.140.440.430.50
Depreciation0.160.160.160.250.250.250.250.410.600.800.810.80
Profit before tax0.990.871.091.061.081.471.182.401.16-3.00-1.79-2.19
Tax %26.26%27.59%25.69%27.36%25.93%9.52%-12.71%28.33%56.90%4.33%20.67%-5.48%
Net Profit0.730.630.810.780.801.321.321.730.50-3.12-2.15-2.06
EPS in Rs0.580.500.640.620.641.051.051.370.40-2.48-1.71-1.64
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales15.1515.4313.6010.5410.979.6610.0612.0616.1222.4759.4856.67
Expenses14.8615.3613.3910.289.457.317.689.6613.4318.7860.4761.22
Operating Profit0.290.070.210.261.522.352.382.402.693.69-0.99-4.55
OPM %1.91%0.45%1.54%2.47%13.86%24.33%23.66%19.90%16.69%16.42%-1.66%-8.03%
Other Income1.121.014.180.961.241.721.353.901.762.273.483.25
Interest0.610.620.250.000.720.120.090.160.130.171.091.51
Depreciation0.970.851.070.530.550.620.620.600.631.002.633.01
Profit before tax-0.17-0.393.070.691.493.333.025.543.694.79-1.23-5.82
Tax %258.82%151.28%22.80%75.36%55.03%22.52%28.81%17.51%27.37%11.90%148.78%
Net Profit-275.64-145.562.380.180.672.572.154.572.694.22-3.05-6.83
EPS in Rs-219.94-116.151.900.140.532.041.713.632.143.35-2.42-5.43
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%44%70%86%
Compounded Profit Growth7%%%-232%
Stock Price CAGR-9%-7%-10%-45%
Return on Equity-8%7%6%-14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital12.5112.5312.5312.5412.5912.5912.5912.6012.6012.6012.6012.60
Reserves565.62324.9221.50703.76431.0321.1583.3517.369.9910.2511.467.79
Borrowings12.5913.3712.875.224.293.642.983.061.421.051.4123.50
Other Liabilities7.436.915.55287.86159.8914.2816.7412.2513.6611.7914.0629.03
Total Liabilities598.15357.7352.451,009.38607.8051.66115.6645.2737.6735.6939.5372.92
Fixed Assets3.793.1011.8310.7410.1910.319.8210.9910.399.579.4934.96
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments572.78332.5120.32987.24586.2326.5991.8918.097.004.812.170.00
Other Assets21.5822.1220.3011.4011.3814.7613.9516.1920.2821.3127.8737.96
Total Assets598.15357.7352.451,009.38607.8051.66115.6645.2737.6735.6939.5372.92
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-3.64-1.251.259.892.68-2.611.67-0.112.19-3.42-0.64-4.48
Cash from Investing Activity1.231.690.950.630.64-10.840.881.192.613.461.180.64
Cash from Financing Activity1.10-0.70-1.12-7.87-1.288.36-2.12-2.09-1.29-0.50-0.896.08
Net Cash Flow-1.31-0.271.092.662.04-5.090.43-1.013.51-0.46-0.362.24
Free Cash Flow-3.68-1.441.249.712.53-2.611.66-0.111.54-3.42-0.67-5.74
CFO/OP189%-345%2,257%4,686%1,215%-139%97%15%118%-103%7%336%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days95.26126.24102.66115.6797.31193.65187.03188.67184.62187.48249.02170.41
Inventory Days
Days Payable
Cash Conversion Cycle95.26126.24102.66115.6797.31193.65187.03188.67184.62187.48249.02170.41
Working Capital Days-105.49-111.31-159.6738.92-9.35-277.16-312.48-279.01-220.94-75.6317.87-9.20
ROCE %-0.58%0.09%0.12%0.87%0.12%0.91%5.06%4.70%19.46%15.78%20.13%-0.40%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%
Public49.58%49.59%49.58%49.59%49.59%49.58%49.58%49.58%49.58%49.59%49.59%49.59%
No. of Shareholders8,6319,9699,4709,41110,44510,25410,17510,0639,5709,2739,2559,052

Fundamentals

Market Cap₹ 52.9 Cr.
Current Price₹ 42.0
Book Value₹ 16.2
ROCE-0.40 %
ROE-13.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)86%
Compounded Profit Growth (TTM)-232%
Consolidated figures.
Valuation
Market capRs 51 Cr
Enterprise valueRs 68 Cr
Price to book2.49x
Price to sales0.90x
EV / sales1.20x
Earnings yield-13.44%
P/E, 3-year average20.21x
P/B, 3-year average2.79x
P/E, 5-year average19.41x
P/B, 5-year average2.51x
Profitability
Operating margin (excl. other income)-1.66%
Operating margin (incl. other income)4.19%
EBITDA margin-2.29%
Pre-tax margin-10.27%
Net profit margin-12.05%
Net margin, latest quarter-19.07%
ROE-13.72%
ROCE-0.40%
ROA-5.42%
ROE, 3-year average5.37%
ROCE, 3-year average11.88%
ROA, 3-year average4.38%
ROE, 5-year average7.38%
ROCE, 5-year average12.07%
ROA, 5-year average5.36%
ROIC (approx.)-28.73%
Tax rate-148.78%
Other income / net worth17.07%
Growth
Sales growth (latest year)164.71%
Profit growth (latest year)-172.27%
Sales CAGR, 3 years70.22%
Sales CAGR, 5 years43.84%
Sales growth QoQ-14.76%
Sales growth YoY (latest quarter)-20.65%
Profit growth YoY (latest quarter)-219.08%
Per share
EPS (TTM)Rs -5.42
EPS (latest year)Rs -2.42
EPS (latest quarter)Rs -1.64
EPS, 3-year averageRs 1.02
EPS, 5-year averageRs 1.68
Book value per shareRs 16.19
Sales per shareRs 44.99
Cash flow per shareRs -3.56
Free cash flow per shareRs -4.56
Efficiency
Asset turnover0.82x
Fixed asset turnover1.70x
Debtor days170 days
Debtors turnover2.14x
Cash conversion cycle170 days
Working capital days-9 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 7 Cr
Net debtRs 17 Cr
Debt to equity1.15x
Interest coverage-2.85x
Owners' fund to total sources27.96%
Debt to assets32.23%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs 16 Cr
Cash from ops / profit, 5 years-0.61x
Statement figures
Net sales (TTM)Rs 57 Cr
Net sales (latest year)Rs 59 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -3 Cr
Profit before tax (TTM)Rs -6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs -7 Cr
Net profit (latest year)Rs -3 Cr
Net profit (latest quarter)Rs -2 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 60 Cr
Total income (latest year)Rs 63 Cr
Share capitalRs 13 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 20 Cr
Total assetsRs 73 Cr
Net blockRs 35 Cr
ReceivablesRs 28 Cr
Other liabilitiesRs 29 Cr
Shares outstanding (crore)1.26
Ownership
Promoter holding50.41% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 2.49 is at the 53th percentile (median 2.30).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodHGMNifty 50Difference
1 week-5.6%-2.8% -2.8 pts
1 month-17.1%-6.8% -10.3 pts
3 months-23.1%-7.6% -15.5 pts
6 months-12.3%+0.4% -12.7 pts
1 year-49.2%-9.9% -39.3 pts
2 years-52.6%-13.6% -39.1 pts
3 years-27.6%+14.2% -41.8 pts
5 years-30.2%+27.9% -58.1 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -221% of net profit over the last 3 years
explainDebt up, profit down Borrowings up 1567% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹11 Cr -20.6% vs Jun 2025. Net loss ₹2 Cr.
Against our estimate for Jun 2026: sales -50.4%, profit -32.0% in line. Our estimate for Sep 2026: sales Rs 29 Cr, profit Rs -5 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-07-31Annual General Meeting
2023-07-24Annual General Meeting
2022-07-14Annual General Meeting
2021-09-16 Annual General Meeting
2020-09-17 Annual General Meeting
2019-09-05 Annual General Meeting
2018-09-05 Annual General Meeting
2017-08-24 Annual General Meeting
2016-06-23 Annual General Meeting
2015-07-14Annual General Meeting
2014-07-17Annual General Meeting
2013-05-09Annual General Meeting
2012-06-14Annual General Meeting
2011-07-27Annual General Meeting And Dividend Rs.2/- Per Share
2011-02-013rd Interim Dividend-Rs.2/- Per Share (Purpose Revised)
2010-11-022nd Interim Dividend-Rs.2/- Per Share (Purpose Revised)
2010-08-18Interim Dividend-Rs.2/- Per Share
2010-07-13Annual General Meeting / Dividend Rs 2 Per Share
2010-02-02Int Div-Rs.2/- Per Share Purpose Revised
2009-07-21Annual General Meeting
2008-08-22Annual General Meeting
2007-06-15Agm
DateTypeWhat it says
2026-09-23Disclosure of material issueHandsOn Global Management (HGM) Limited has informed regarding Disclosure under Reg. 31A regarding Intimation for Effect of Reclassification from Pro...
2026-09-18Disclosure of material issueHandsOn Global Management (HGM) Limited has informed regarding Disclosure of material issue-Intimation of Shareholders Approval for Reclassification u...
2026-09-18Shareholder meetingVoting results.
2026-09-18Shareholder meetingProceedings of Annual General Meeting held on September 18, 2026
2026-09-17Board meeting outcomeOutcome of Board Meeting held on September 17, 2026.
2026-09-08Clarification - Financial ReThe Exchange has sought clarification from HandsOn Global Management (HGM) Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of ...
2026-09-03Board meeting outcomeOutcome of Board Meeting held on September 03, 2026.
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 18, 2026
2026-08-14Board meeting outcomeHandsOn Global Management (HGM) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-14Board meeting outcomeOutcome of Board Meeting held on August 14, 2026.
2026-07-28General UpdatesGeneral Updates-Convening the 38th Annual General Meeting on September 18, 2026 through "VC"/"OAVM".
2026-07-24Disclosure of material issueHandsOn Global Management (HGM) Limited has informed regarding receipt of No Objection Letter from the Exchanges approving the Companys application fo...
2026-06-16UpdatesBoard comments on fine levied by the Exchange.
2026-06-09Disclosure under SEBI TakeovHandsOn Global Management (HGM) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board...
2026-05-31Disclosure of material issueHandsOn Global Management (HGM) Limited has informed regarding Disclosure of material issue- Application made for NOC of Stock Exchange under Regulati...
2026-05-30Disclosure of material issueHandsOn Global Management (HGM) Limited has informed regarding Disclosure of material issue -request of Promoter Re-classification under Reg 31A
2026-05-30General UpdatesGeneral Updates-Shifting its registered office from 3rd floor to 4th floor in same premises
2026-05-30AppointmentAppointment of Mr. Ajay Puri as Non- Executive Independent Director of the company w.e.f. September 22, 2026.
2026-05-30Board meeting outcomeOutcome of Board Meeting held on May 30, 2026.
2026-05-30Board meeting outcomeHandsOn Global Management (HGM) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026 and other matters.
2026-05-11General UpdatesReceipt of request letters for re-classification of shareholdings of the three Promoter/s category to the Public category under Reg.31A of SEBI LODR.
2026-04-25Shareholder meetingVoting results.
2026-03-26Shareholder meetingNotice of Postal Ballot
2026-03-20Shareholder meetingVoting results of electronic postal ballot concluded on March 20, 2026 for seeking shareholders approval for material related party transactions, and ...
2026-03-07AppointmentAppointment of Mr. Kesavan Nair Padmanabhan as Non- Executive Independent Director of the company w.e.f. March 07, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Handson Global Management (HGM) Ltd?

Handson Global Management (HGM) Ltd (HGM) has a market capitalisation of Rs 52.9 Cr. at the 2026-10-01 close.

What were Handson Global Management (HGM) Ltd's latest quarterly results?

In the Jun 2026 quarter, Handson Global Management (HGM) Ltd sales was Rs 11 Cr (-20.6% vs Jun 2025) with a net loss of Rs 2 Cr.

What is the 52-week high and low of Handson Global Management (HGM) Ltd?

The 52-week high is Rs 81.00 and the 52-week low is Rs 40.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03