Handson Global Management (HGM) Q2 FY27 Share Price & Earnings Call Analysis

₹39.03-2.08% today
Market cap
₹49 Cr
ROE
-13.77%
Price to sales
0.87
Debt to equity
1.15
52W high / low
₹75.9 / ₹38.3
Sales growth (5Y)
43.84%
EBITDA margin
-8.03%
Net profit margin
-5.14%
Promoter holding
43.95%
Sales (last year)
₹57 Cr

Incorporated in 1989, Handson Global Management Ltd is in the business of providing Software and IT enabled services[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in IT - Services
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

IT - Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹1,121 Cr40.6
240%+Flat₹1,531 Cr130.9
340%+Flat₹588 Cr18.6
440%+Flat₹380 Cr22.0
540%+Flat₹71 Cr7.0
620–40%Up 2%+₹22,753 Cr45.8

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Financials of Handson Global

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Handson Global

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%50.41%43.95%
Public +49.59%49.58%49.59%49.59%49.58%49.58%49.58%49.58%49.59%49.59%49.59%56.05%
No. of Shareholders9,9699,4709,41110,44510,25410,17510,0639,5709,2739,2559,0528,920

Pros & Cons

Handson Global

Key positives and risks surfaced from the company insights section.

Pros
  • Stock is trading at 4.00 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -6.46%
  • Company has a low return on equity of 5.64% over last 3 years.
  • Company has high debtors of 170 days.
Raw Insights
  • Stock is trading at 4.00 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -6.46%
  • Company has a low return on equity of 5.64% over last 3 years.
  • Company has high debtors of 170 days.

Financials of Handson Global

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +4.293.994.275.575.585.805.5113.6118.9514.2512.6710.8010.37
YoY Sales growth+43.96%+32.12%+36.42%+56.02%+30.07%+45.36%+29.04%+144.34%+239.61%+145.69%+129.95%-20.65%-45.28%
Expenses +3.593.353.464.654.684.964.4811.2417.8616.6714.7111.9813.07
Operating Profit0.700.640.810.920.900.841.032.371.09-2.42-2.04-1.18-2.70
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%-26.04%
Other Income +0.480.420.470.440.480.920.440.520.810.661.490.290.82
Interest0.030.030.030.050.050.040.040.080.140.440.430.500.39
Depreciation0.160.160.160.250.250.250.250.410.600.800.810.800.39
Profit before tax0.990.871.091.061.081.471.182.401.16-3.00-1.79-2.19-2.66
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%-3.76%
Net Profit +0.730.630.810.780.801.321.321.730.50-3.12-2.15-2.06-2.55
EPS in Rs0.580.500.640.620.641.051.051.370.40-2.48-1.71-1.64-2.02

Financials of Handson Global

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +16.4015.1515.4313.6010.5410.979.6610.0612.0616.1222.4759.4848.09
Sales growth-5.37%-7.62%+1.85%-11.86%-22.50%+4.08%-11.94%+4.14%+19.88%+33.67%+39.39%+164.71%+9.62%
Expenses +18.2114.8615.3613.3910.289.457.317.689.6613.4318.7860.4756.43
Operating Profit-1.810.290.070.210.261.522.352.382.402.693.69-0.99-8.34
OPM %-11.04%1.91%0.45%1.54%2.47%13.86%24.33%23.66%19.90%16.69%16.42%-1.66%-17.34%
Other Income +0.571.121.014.180.961.241.721.353.901.762.273.483.26
Interest0.410.610.620.250.000.720.120.090.160.130.171.091.76
Depreciation1.010.970.851.070.530.550.620.620.600.631.002.632.80
Profit before tax-2.66-0.17-0.393.070.691.493.333.025.543.694.79-1.23-9.64
Tax %-6.77%258.82%151.28%22.80%75.36%55.03%22.52%28.81%17.51%27.37%11.90%148.78%
Net Profit +-155.79-275.64-145.562.380.180.672.572.154.572.694.22-3.05-9.88
EPS in Rs-124.12-219.94-116.151.900.140.532.041.713.632.143.35-2.42-7.85
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%

Financials of Handson Global

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital12.5112.5312.5312.5412.5912.5912.5912.6012.6012.6012.6012.6012.60
Reserves565.62324.9221.50703.76431.0321.1583.3517.369.9910.2511.467.79-0.32
Borrowings +12.5913.3712.875.224.293.642.983.061.421.051.4123.5023.49
Other Liabilities +7.436.915.55287.86159.8914.2816.7412.2513.6611.7914.0629.0332.11
Total Liabilities598.15357.7352.451,009.38607.8051.66115.6645.2737.6735.6939.5372.9267.88
Fixed Assets +3.793.1011.8310.7410.1910.319.8210.9910.399.579.4934.9634.04
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments572.78332.5120.32987.24586.2326.5991.8918.097.004.812.170.000.00
Other Assets +21.5822.1220.3011.4011.3814.7613.9516.1920.2821.3127.8737.9633.84
Total Assets598.15357.7352.451,009.38607.8051.66115.6645.2737.6735.6939.5372.9267.88

Financials of Handson Global

Cash Flows

Operating, investing and financing cash movement

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 Activity +1.231.690.950.630.64-10.840.881.192.613.461.180.64
Cash from Financing Activity +1.10-0.70-1.12-7.87-1.288.36-2.12-2.09-1.29-0.50-0.896.08
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit189%-345%2,257%4,686%1,215%-139%97%15%118%-103%7%336%

Financials of Handson Global

Ratios

Working capital efficiency and return ratios

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%

What Handson Global's management said in earlier quarters

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