Hinduja Global Solutions (NSE:HGS) Quick Ratio: 3.33 (As of Mar. 2026) — 52% Above Median


NSE:HGS Hinduja Global Solutions Ltd NSE:HGS
60 GF Score
Price ₹420.25
GF Value ₹737.86
Valuation Possible Value Trap
! 4 Warning Signs
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What is Hinduja Global Solutions Quick Ratio?

Hinduja Global Solutions NSE:HGS -1.14% 60 Quick Ratio is 3.33 as of Mar. 2026, which is 52% above its 10-year median of 2.19. GuruFocus rates NSE:HGS with a GF Score™ of 60/100 and a GF Value™ of ₹737.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,092 Business Services companies, Hinduja Global Solutions ranks better than 80.31% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Hinduja Global Solutions's quick ratio for the quarter that ended in Mar. 2026 was 3.33.

Hinduja Global Solutions has a quick ratio of 3.33. It generally indicates good short-term financial strength.

The historical rank and industry rank for Hinduja Global Solutions's Quick Ratio or its related term are showing as below:

NSE:HGS' s Quick Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.19   Max: 3.33
Current: 3.33

During the past 13 years, Hinduja Global Solutions's highest Quick Ratio was 3.33. The lowest was 1.62. And the median was 2.19.

NSE:HGS's Quick Ratio is ranked better than
80.31% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs NSE:HGS: 3.33

Hinduja Global Solutions  (NSE:HGS) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Hinduja Global Solutions Quick Ratio Related Terms


Hinduja Global Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hinduja Global Solutions's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hinduja Global Solutions Quick Ratio Chart

Hinduja Global Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.65 2.32 3.20 3.33

Hinduja Global Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 0.00 3.39 0.00 3.33

NSE:HGS vs CTAS, CPRT, ULS: Quick Ratio Comparison

For the Specialty Business Services subindustry, Hinduja Global Solutions's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hinduja Global Solutions Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Hinduja Global Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hinduja Global Solutions's Quick Ratio falls into.


NSE:HGS
60GF Score
Hinduja Global Solutions Ltd NSE:HGS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hinduja Global Solutions Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Hinduja Global Solutions's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(80097.8-308.4)/23980.2
=3.33

Hinduja Global Solutions's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(80097.8-308.4)/23980.2
=3.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 3.33 mean?
Hinduja Global Solutions (NSE:HGS) has a Quick Ratio of 3.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hinduja Global Solutions and its competitors. This is 52% above median its historical median of 2.19. Over the past decade, Hinduja Global Solutions' Quick Ratio has ranged from 1.62 to 3.33. According to the industry distribution chart, Hinduja Global Solutions ranks #215 out of 1092 companies in the Business Services industry, placing it in the top 19.7%.
Is Hinduja Global Solutions' Quick Ratio too high?
Hinduja Global Solutions' current Quick Ratio of 3.33 is 52% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 3.33. The Business Services industry median Quick Ratio is 1.67. Hinduja Global Solutions' value of 3.33 is 99.4% above this industry median. Based on the distribution chart, Hinduja Global Solutions ranks #215 out of 1092 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hinduja Global Solutions has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hinduja Global Solutions' Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hinduja Global Solutions ranks #215 out of 1092 companies for Quick Ratio. This places Hinduja Global Solutions in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.67. Hinduja Global Solutions' value of 3.33 is 99.4% above this benchmark. Historically, Hinduja Global Solutions' own Quick Ratio has ranged from 1.62 to 3.33 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.67, Hinduja Global Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hinduja Global Solutions's current Quick Ratio of 3.33 is 99.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hinduja Global Solutions and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinduja Global Solutions's current Quick Ratio is 3.33, which is 52% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinduja Global Solutions stock overvalued right now?
Based on GuruFocus' analysis, Hinduja Global Solutions (NSE:HGS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹737.86, compared to a current price of ₹420.25 — trading 43% below its estimated fair value. The current Quick Ratio is 3.33, which is 52% above median its 10-year median of 2.19 and 99.4% above the Business Services industry median of 1.67. Hinduja Global Solutions' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Hinduja Global Solutions (NSE:HGS), the current Quick Ratio is 3.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hinduja Global Solutions (NSE:HGS) Overvalued in 2026?

Based on GuruFocus' analysis, Hinduja Global Solutions stock appears to be undervalued. The current stock price of ₹420.25 is trading 43% below its estimated GF Value™ of ₹737.86. GuruFocus considers Hinduja Global Solutions to be Possible Value Trap.

Key valuation signals for NSE:HGS:

  • Quick Ratio: 3.33 (52% above median its 10-year median of 2.19)
  • GF Value™: ₹737.86 vs. price of ₹420.25 (43% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 99.4% above the Business Services median (#215 of 1092)

No single metric tells the full story. See the NSE:HGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hinduja Global Solutions Business Description

Other Exchanges 532859:India
Address No. 690, Hosur Road, 1st Floor, Gold Hill Square Software Park, Bommanahalli, Bengaluru, KA, IND, 560 068
Hinduja Global Solutions Ltd is engaged in Business Process Management and Media and Communication business. Business Process Management segment offer voice and non-voice based services such as contact center solutions and back office transaction processing across America, Canada, Europe, Asia and Middle East. Its Digital, Media & Communications business, is India's integrated Digital Delivery Platforms Company delivering services via satellite, digital cable and broadband to over 5 million customers across 1,500 cities and towns.
60GF Score

Get the complete analysis for NSE:HGS

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹420.25
Price
₹737.86
GF Value