HANDSON GLOBAL MANAGEMENT (HGM) LIMITED

About

Handson Global Management (HGM) Limited, together with its subsidiaries, provides software and IT enabled services in North America, Asia Pacific, and the Middle East. It offers data entry services, software development, and support services; AI - driven pre -authorization transformation; AI-driven charting, coding, and billing transformation; autonomous coding for specialties using NLP and ML; intelligent claims processing and first-pass acceptance; denials prevention, resolution, and audit compliance with AI insights; and real-time dashboards, velocity tracking, and predictive analytics supporting operational intelligence. The company also engages in designing and deploying AI-native and cloud-first ecosystems to modernize infrastructure, automate workflows, and drive measurable business impact. In addition, it provides modular solutions, such as autonomous coding and AI agent, as well as voice and conversation intelligence; process discovery and optimization, workflow automation, intelligent document processing, case management, exception handling, executive dashboards and analytics, and AI-augmented decisioning. The company was formerly known as HOV Services Limited and changed its name to Handson Global Management (HGM) Limited in August 2025. Handson Global Management (HGM) Limited was incorporated in 1989 and is headquartered in Pune, India.

Key Metrics

as of Sep 2026

Market Cap65 Cr

P/E—

Div Yield0.00 %

Book Value₹16.20

52w High₹84.80

52w Low₹41.50

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	9.80	11.65	12.97	18.53	13.61	5.51	5.80	5.58	5.57	4.27	3.99	4.29	3.57
Expenses	9.45	10.22	12.10	15.94	11.24	4.48	4.96	4.68	4.65	3.46	3.35	3.60	3.03
Operating Profit	0.35	1.43	0.87	2.59	2.37	1.03	0.84	0.90	0.92	0.81	0.64	0.69	0.54
OPM %	3.57	12.27	6.71	13.98	17.41	18.69	14.48	16.13	16.52	18.97	16.04	16.08	15.13
Other Income	0.29	1.49	0.66	0.81	0.52	0.44	0.92	0.48	0.44	0.47	0.42	2.54	0.37
Depreciation	0.80	0.81	0.80	0.60	0.41	0.25	0.25	0.25	0.25	0.16	0.16	0.16	0.16
Interest	0.28	0.22	0.23	0.14	0.08	0.04	0.04	0.05	0.05	0.03	0.03	0.03	0.04
Profit before tax	-0.44	1.89	0.50	2.66	2.40	1.18	1.47	1.08	1.06	1.09	0.87	3.04	0.71
Tax %	-27.27	19.58	26.00	24.81	28.33	-12.71	9.52	25.93	27.36	25.69	27.59	8.55	32.39
Net Profit	-0.31	1.52	0.38	2.00	1.73	1.32	1.33	0.80	0.78	0.81	0.64	2.78	0.49
EPS in Rs	-0.25	1.21	0.30	1.59	1.37	1.05	1.06	0.64	0.62	0.64	0.51	2.21	0.39

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	56.76	22.47	16.12	12.06	10.06	9.66	10.97	10.54	12.55	13.65	13.51	12.54
Expenses	49.48	18.78	13.42	9.65	7.67	7.31	8.68	9.59	11.53	12.81	12.65	13.40
Operating Profit	7.28	3.69	2.70	2.41	2.39	2.35	2.29	0.95	1.02	0.84	0.86	-0.86
OPM %	12.83	16.42	16.75	19.98	23.76	24.33	20.88	9.01	8.13	6.15	6.37	-6.86
Other Income	3.46	2.28	3.79	1.94	-64.74	61.65	-59.47	0.93	-9.18	1.06	1.33	0.82
Interest	0.67	0.17	0.13	0.16	0.09	0.12	0.16	0.00	0.00	0.00	0.00	0.00
Depreciation	2.63	1.00	0.63	0.60	0.62	0.62	0.55	0.09	0.10	0.18	0.36	0.44
Profit before tax	7.44	4.80	5.73	3.59	-63.06	63.26	-57.89	1.79	-8.26	1.72	1.83	-0.48
Tax %	24.60	11.88	17.63	27.02	1.38	1.19	1.42	29.05	7.02	34.30	24.04	-37.50
Net Profit	5.62	4.22	4.72	2.61	-63.94	62.50	-58.70	1.28	-8.84	1.13	1.39	-0.29
EPS in Rs	4.46	3.35	3.75	2.07	-50.77	49.65	-46.63	1.02	-7.05	0.90	1.11	-0.23
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

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	12.60	12.60	12.60	12.60	12.60	12.59	12.59	12.59	12.54	12.53	12.53	12.51
Reserves	24.71	19.20	15.08	10.47	7.89	71.83	9.30	68.06	66.58	75.37	74.21	72.81
Borrowings	8.22	1.41	1.05	1.42	3.06	2.98	3.65	4.28	5.22	6.04	6.76	7.38
Other Liabilities	6.65	4.12	2.11	2.04	1.56	1.69	3.00	2.13	2.15	2.03	2.75	2.49
Total Liabilities	52.18	37.33	30.84	26.53	25.11	89.09	28.54	87.06	86.49	95.97	96.25	95.19
Fixed Assets	16.87	9.49	9.57	10.39	10.99	9.82	10.31	9.56	9.64	9.76	0.41	0.57
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	0.01	0.00	0.00	0.00	0.00	66.08	5.39	66.08	66.08	66.08	75.78	75.97
Other Assets	35.30	27.84	21.27	16.14	14.12	13.19	12.84	11.42	10.77	20.13	20.06	18.65
Total Assets	52.18	37.33	30.84	26.53	25.11	89.09	28.54	87.06	86.49	95.97	96.25	95.19

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	1.50	-0.64	-1.33	2.10	-0.11	1.67	-2.64	2.56	11.29	1.82	-0.88	-0.22
Cash from Investing Activity	0.01	1.18	3.68	0.61	1.17	0.95	0.76	0.48	0.56	1.05	1.83	1.85
Cash from Financing Activity	-2.80	-0.89	-0.50	-1.29	-2.09	-2.12	-2.01	-1.28	-10.12	-1.59	-1.48	-1.36
Net Cash Flow	-1.30	-0.36	1.85	1.42	-1.03	0.50	-3.89	1.77	1.73	1.28	-0.53	0.27
Free Cash Flow	0.24	-0.67	-1.33	1.45	-0.11	1.66	-2.64	2.37	11.11	1.81	-1.07	-0.26
CFO/OP %	36.00	7.00	-25.00	113.00	15.00	97.00	-93.00	319.00	1,091.00	252.00	-80.00	5.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	194.08	249.02	187.48	184.62	188.67	187.03	193.65	97.31	119.82	105.36	131.57	76.26
Cash Conversion Cycle	194.08	249.02	187.48	184.62	188.67	187.03	193.65	97.31	119.82	105.36	131.57	76.26
Working Capital Days	140.25	179.66	143.55	129.54	107.40	76.33	96.16	19.74	49.73	75.41	98.34	32.31
ROCE %	20.60	16.05	14.24	15.32	5.61	4.76	5.36	2.11	2.22	1.84	1.97	-0.52

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	50.41	50.41	50.41	50.41	50.41	50.41	50.41	50.41	50.41	50.41	50.41	50.41
Public	49.59	49.59	49.59	49.58	49.58	49.58	49.58	49.59	49.59	49.58	49.59	49.58
No. of Shareholders	9,052	9,255	9,273	9,570	10,063	10,175	10,254	10,445	9,411	9,470	9,969	8,631

Corporate Actions

22 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	31 Jul 2024	—	—	—	Annual General Meeting
Other	24 Jul 2023	—	—	—	Annual General Meeting
Other	14 Jul 2022	—	—	—	Annual General Meeting
Other	16 Sep 2021	—	—	—	Annual General Meeting
Other	17 Sep 2020	—	—	—	Annual General Meeting
Other	05 Sep 2019	—	—	—	Annual General Meeting
Other	05 Sep 2018	—	—	—	Annual General Meeting
Other	24 Aug 2017	—	—	—	Annual General Meeting
Other	23 Jun 2016	—	—	—	Annual General Meeting
Other	14 Jul 2015	—	—	—	Annual General Meeting
Other	17 Jul 2014	—	—	—	Annual General Meeting
Other	09 May 2013	—	—	—	Annual General Meeting
Other	14 Jun 2012	—	—	—	Annual General Meeting
Dividend	27 Jul 2011	—	—	2.00
Dividend	01 Feb 2011	02 Feb 2011	—	2.00
Dividend	02 Nov 2010	03 Nov 2010	—	2.00
Dividend	18 Aug 2010	21 Aug 2010	—	2.00
Dividend	13 Jul 2010	—	—	2.00
Dividend	02 Feb 2010	03 Feb 2010	—	2.00
Other	21 Jul 2009	—	—	—	Annual General Meeting
Other	22 Aug 2008	—	—	—	Annual General Meeting
Other	15 Jun 2007	—	—	—	Agm