Hinduja Global Solutions (NSE:HGS) ROE %: -0.40% (As of Mar. 2026)


NSE:HGS Hinduja Global Solutions Ltd NSE:HGS
60 GF Score
Price ₹420.25
GF Value ₹738.12
Valuation Possible Value Trap
! 4 Warning Signs
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What is Hinduja Global Solutions ROE %?

Hinduja Global Solutions NSE:HGS -1.14% 60 ROE % is -0.40% as of Mar. 2026. GuruFocus rates NSE:HGS with a GF Score™ of 60/100 and a GF Value™ of ₹738.12 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,058 Business Services companies, Hinduja Global Solutions ranks worse than 74.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hinduja Global Solutions's annualized net income for the quarter that ended in Mar. 2026 was ₹-332 Mil. Hinduja Global Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹83,165 Mil. Therefore, Hinduja Global Solutions's annualized ROE % for the quarter that ended in Mar. 2026 was -0.40%.

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

NSE:HGS' s ROE % Range Over the Past 10 Years
Min: 0.4   Med: 11.61   Max: 119.03
Current: 0.4

During the past 13 years, Hinduja Global Solutions's highest ROE % was 119.03%. The lowest was 0.40%. And the median was 11.61%.

NSE:HGS's ROE % is ranked worse than
74.01% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs NSE:HGS: 0.40

Hinduja Global Solutions  (NSE:HGS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-331.6/83165
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-331.6 / 43386.8)*(43386.8 / 115636.5)*(115636.5 / 83165)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.76 %*0.3752*1.3904
=ROA %*Equity Multiplier
=-0.29 %*1.3904
=-0.40 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-331.6/83165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-331.6 / 371.6) * (371.6 / -4309.6) * (-4309.6 / 43386.8) * (43386.8 / 115636.5) * (115636.5 / 83165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.8924 * -0.0862 * -9.93 % * 0.3752 * 1.3904
=-0.40 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hinduja Global Solutions ROE % Related Terms


Hinduja Global Solutions ROE % Historical Data

* Premium members only.

The historical data trend for Hinduja Global Solutions's ROE % 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 ROE % Chart

Hinduja Global Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.03 4.00 1.66 1.60 0.40

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
ROE % 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 0.20 0.90 -0.98 2.14 -0.40

NSE:HGS vs CTAS, CPRT, GPN: ROE % Comparison

For the Specialty Business Services subindustry, Hinduja Global Solutions's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Business Services Industry

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

* The bar in red indicates where Hinduja Global Solutions's ROE % falls into.


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

Hinduja Global Solutions's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=321.9/( (77081.2+83165)/ 2 )
=321.9/80123.1
=0.40 %

Hinduja Global Solutions's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-331.6/( (0+83165)/ 1 )
=-331.6/83165
=-0.40 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -0.40% mean?
Hinduja Global Solutions (NSE:HGS) has a ROE % of -0.40% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hinduja Global Solutions and its competitors. Over the past decade, Hinduja Global Solutions' ROE % has ranged from 0.40 to 119.03. According to the industry distribution chart, Hinduja Global Solutions ranks #783 out of 1058 companies in the Business Services industry, placing it in the top 74%.
Is Hinduja Global Solutions' ROE % too high?
Hinduja Global Solutions' current ROE % is -0.40%. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 119.03. Based on the distribution chart, Hinduja Global Solutions ranks #783 out of 1058 companies in the Business Services industry, which is below the industry midpoint. 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' ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hinduja Global Solutions ranks #783 out of 1058 companies for ROE %. This places Hinduja Global Solutions in the lower half of its industry. The industry median ROE % is 8.10. Historically, Hinduja Global Solutions' own ROE % has ranged from 0.40 to 119.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hinduja Global Solutions and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinduja Global Solutions's current ROE % is -0.40%. 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 ₹738.12, compared to a current price of ₹420.25 — trading 43.1% below its estimated fair value. The current ROE % is -0.40%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Hinduja Global Solutions (NSE:HGS), the current ROE % is -0.40% 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 43.1% below its estimated GF Value™ of ₹738.12. GuruFocus considers Hinduja Global Solutions to be Possible Value Trap.

Key valuation signals for NSE:HGS:

  • ROE %: -0.40%
  • GF Value™: ₹738.12 vs. price of ₹420.25 (43.1% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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

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

₹420.25
Price
₹738.12
GF Value