HandsOn Global Management (HGM) (BOM:532761) ROCE %: -13.16% (As of Mar. 2026)

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BOM:532761 HandsOn Global Management (HGM) Ltd BOM:532761
65 GF Score
Price ₹46.96
GF Value ₹234.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is HandsOn Global Management (HGM) ROCE %?

HandsOn Global Management (HGM) BOM:532761 +2.58% 65 ROCE % is -13.16% as of Mar. 2026. GuruFocus rates BOM:532761 with a GF Score™ of 65/100 and a GF Value™ of ₹234.22 (Possible Value Trap). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. HandsOn Global Management (HGM)'s annualized ROCE % for the quarter that ended in Mar. 2026 was -13.16%.

HandsOn Global Management (HGM)  (BOM:532761) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

HandsOn Global Management (HGM) ROCE % Related Terms

HandsOn Global Management (HGM) ROCE % Historical Data

* Premium members only.

The historical data trend for HandsOn Global Management (HGM)'s ROCE % 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.

HandsOn Global Management (HGM) ROCE % Chart

HandsOn Global Management (HGM) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 20.27 16.04 20.57 -0.40

HandsOn Global Management (HGM) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 19.68 40.14 11.59 -22.79 -13.16
BOM:532761
65GF Score
HandsOn Global Management (HGM) Ltd BOM:532761
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HandsOn Global Management (HGM) ROCE % Calculation

HandsOn Global Management (HGM)'s annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-1.318/( ( (395.314 - 147.834) + (729.2 - 315.909) )/ 2 )
=-1.318/( (247.48+413.291)/ 2 )
=-1.318/330.3855
=-0.40 %

HandsOn Global Management (HGM)'s ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-54.376/( ( (0 - 0) + (729.2 - 315.909) )/ 1 )
=-54.376/( ( 0 + 413.291 )/ 1 )
=-54.376/413.291
=-13.16 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of -13.16% mean?
HandsOn Global Management (HGM) (BOM:532761) has a ROCE % of -13.16% as of Mar. 2026.
Is HandsOn Global Management (HGM)'s ROCE % too high?
HandsOn Global Management (HGM)'s current ROCE % is -13.16%. Overall, HandsOn Global Management (HGM) has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HandsOn Global Management (HGM)'s ROCE % compare to IBM and ACN?
HandsOn Global Management (HGM)'s ROCE % of -13.16% can be compared against companies in the Software industry. The industry median ROCE % is 5.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.29, based on 2,725 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HandsOn Global Management (HGM)'s current ROCE % is -13.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HandsOn Global Management (HGM) stock overvalued right now?
Based on GuruFocus' analysis, HandsOn Global Management (HGM) (BOM:532761) is currently considered Possible Value Trap. The stock's GF Value™ is ₹234.22, compared to a current price of ₹46.96 — trading 80% below its estimated fair value. The current ROCE % is -13.16%. HandsOn Global Management (HGM)'s overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For HandsOn Global Management (HGM) (BOM:532761), the current ROCE % is -13.16% 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 HandsOn Global Management (HGM) (BOM:532761) Overvalued in 2026?

Based on GuruFocus' analysis, HandsOn Global Management (HGM) stock appears to be undervalued. The current stock price of ₹46.96 is trading 80% below its estimated GF Value™ of ₹234.22. GuruFocus considers HandsOn Global Management (HGM) to be Possible Value Trap.

Key valuation signals for BOM:532761:

  • ROCE %: -13.16%
  • GF Value™: ₹234.22 vs. price of ₹46.96 (80% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the BOM:532761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HandsOn Global Management (HGM) Business Description

Other Exchanges HGM:India
Address Pune Satara Road, 3rd Floor, Sharda Arcade, Bibwewadi, Pune, MH, IND, 411037
HandsOn Global Management (HGM) Ltd Formerly HOV Services Ltd operates as a hybrid between an investment company and a diversified services corporation. The company is engaged in providing information technology (IT) and IT-enabled services, such as data entry services, software development, and support services. It also provides business process outsourcing (BPO) services. Its Software and IT Enabled Services segment acts as a key revenue driver for the firm.
65GF Score

Get the complete analysis for BOM:532761

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

₹46.96
Price
₹234.22
GF Value