HRH Next Services Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹30 Cr
- P/E
- 6.23
- ROE
- 12.46%
- PEG
- 0.36
- Price to sales
- 0.45
- Debt to equity
- 0.43
- 52W high / low
- ₹36.6 / ₹21.9
- Sales growth (5Y)
- 23.05%
- EBITDA margin
- 18.38%
- Net profit margin
- 7.13%
- Promoter holding
- 56.57%
- Sales (last year)
- ₹68 Cr
Incorporated in 2007, HRH Next Services Ltd is in the business of Business Process Outsourcing, providing Call Centre Services[1]
Guidance scorecard · Q4 FY26 call
What HRH Next Services Ltd's management guided
and where it ranks in Commercial Services & Supplies
RevenueQ3 FY26 call
10–20%- HRH Next Services aims to reach a revenue of ₹100 crore by the financial year ending 2027.
- The company plans to increase its sales and revenue primarily through the expansion and monetization of its AI division, AINA, which delivers higher profit margins compared to traditional BPO services.
- Expansion to new centers is planned (Mysore confirmed; potential for Indore or other locations), requiring capital expenditures to support growth.
- The AI services are sector-agnostic, region-agnostic, and language-agnostic, enabling penetration into new markets including international clients.
2 more points from HRH Next Services Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ3 FY26 call
Up 2%+See what HRH Next Services Ltd said on margins — free account, 30 seconds.
CapexQ3 FY26 call
Planned- Yes, HRH Next Services Limited has planned capital expenditure (CapEx) for the next 1 to 2 years.
- Significant investment will be directed toward the AI division, which will consume substantial energy and bandwidth.
- The company plans to expand to two new centers: one confirmed in Mysore where property identification has started, and another possible location being Indore or elsewhere.
2 more points from HRH Next Services Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ3 FY26 call
See what HRH Next Services Ltd said on fundraising — free account, 30 seconds.
Order bookQ3 FY26 call
- The company is expanding its AI division (AINA) significantly, targeting growth and leadership in AI-enabled BPO services.
- Plans to expand to two new centers (Mysore and potentially Indore) indicate expected business growth requiring CapEx investment.
- The company is focusing on diversified client engagements with existing unicorn clients and is open to taking on clients previously rejected under different billing models.
2 more points from HRH Next Services Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Commercial Services & Supplies
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Commercial Services & Supplies companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹2,470 Cr | 162.7 | |
| 2 | 40%+ | Up 2%+ | ₹41 Cr | 6.6 | |
| 3 | 40%+ | Flat | ₹556 Cr | 40.0 | |
| 4 | 40%+ | Flat | ₹102 Cr | 10.4 | |
| 5 | 20–40% | Up 2%+ | ₹3,473 Cr | 40.9 | |
| 6 | 20–40% | Up 0–2% | ₹872 Cr | 13.3 |
Sign up free to see every company in the sector ranking and track HRH Next Services Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies rankingFinancials of HRH Next Services Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of HRH Next Services Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of HRH Next Services Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| Sales + | 24.16 | 44.15 | 51.14 | 45.37 | 57.84 | 61.05 |
| Expenses + | 22.64 | 41.27 | 43.77 | 38.86 | 49.42 | 52.63 |
| Operating Profit | 1.52 | 2.88 | 7.37 | 6.51 | 8.42 | 8.42 |
| OPM % | 6.29% | 6.52% | 14.41% | 14.35% | 14.56% | 13.79% |
| Other Income + | 0.08 | 0.13 | -0.23 | 0.40 | 0.76 | 0.71 |
| Interest | 0.39 | 0.48 | 0.91 | 1.56 | 1.94 | 1.98 |
| Depreciation | 0.84 | 1.12 | 1.63 | 2.53 | 3.26 | 3.84 |
| Profit before tax | 0.37 | 1.41 | 4.60 | 2.82 | 3.98 | 3.31 |
| Tax % | 32.43% | 34.75% | 39.57% | 34.40% | 21.11% | |
| Net Profit + | 0.25 | 0.93 | 2.78 | 1.84 | 3.14 | 3.18 |
| EPS in Rs | 12.50 | 46.50 | 139.00 | 2.00 | 2.38 | 2.41 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of HRH Next Services Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 9.21 | 13.20 | 13.20 |
| Reserves | 5.84 | 6.77 | 10.25 | 11.78 | 23.37 | 25.45 |
| Borrowings + | 4.02 | 4.43 | 9.90 | 10.16 | 9.51 | 9.79 |
| Other Liabilities + | 2.92 | 7.25 | 8.48 | 5.98 | 8.47 | 12.83 |
| Total Liabilities | 12.98 | 18.65 | 28.83 | 37.13 | 54.55 | 61.27 |
| Fixed Assets + | 5.14 | 7.24 | 13.16 | 14.64 | 17.75 | 25.32 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 2.45 | 0.00 |
| Investments | 0.65 | 0.91 | 0.93 | 0.15 | 0.15 | 0.15 |
| Other Assets + | 7.19 | 10.50 | 14.74 | 22.34 | 34.20 | 35.80 |
| Total Assets | 12.98 | 18.65 | 28.83 | 37.13 | 54.55 | 61.27 |
Financials of HRH Next Services Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 2.24 | 2.06 | 2.82 | -4.47 | -0.86 |
| Cash from Investing Activity + | -3.15 | -3.39 | -7.54 | -2.87 | -8.59 |
| Cash from Financing Activity + | -1.19 | -0.04 | 4.66 | 7.39 | 9.87 |
| Net Cash Flow | -2.09 | -1.37 | -0.05 | 0.05 | 0.42 |
| Free Cash Flow | -0.48 | -1.15 | -4.70 | -8.20 | -9.69 |
| CFO/OP | 147% | 72% | 42% | -59% | -8% |
Financials of HRH Next Services Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 47.59 | 56.05 | 86.72 | 99.92 | 75.79 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 47.59 | 56.05 | 86.72 | 99.92 | 75.79 |
| Working Capital Days | -11.78 | -2.40 | -12.49 | 82.38 | 128.10 |
| ROCE % | 17.61% | 36.85% | 16.66% | 15.33% |
Guidance history
How HRH Next Services Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q2 FY26 call → | 20–40% | Up 0–2% | Planned | Planned | Rising |
| Q4 FY25 call → | 20–40% | Up 2%+ | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What HRH Next Services Ltd's management said in earlier quarters
Others in Commercial Services & Supplies this season
- Tridhya Tech (Q2 FY27)
Consolidated: ₹1,035.34 lakhs (down from ₹1,418.33 lakhs in Sep 30, 2025), approx. Key results statement takeaways from Tridhya Tech Ltd's Q2 FY27 results state
- Eleganz Interiors Ltd (Q2 FY27)
Revenue (Net Sales) for H1FY27: INR 2,000.6 Mn, up 80.2% YoY from INR 1,110.1 Mn in H1FY26 (Page 7). Key investor presentation takeaways from Eleganz Interiors
- Bombay Metrics (Q2 FY27)
Revenue from Operations for the half year ended 30th September 2026: ₹6,872.39 lakhs, compared to ₹4,681.20 lakhs for the same period in 2025, indicating a…
- Quess Corp Ltd (Q2 FY27)
Q2 FY27 consolidated revenue: ₹4,396 Cr, up 15% YoY (Page 4, 29, 32) . Key investor presentation takeaways from Quess Corp Ltd's Q2 FY27 investor presentation —