Also trades as: HGS.BO (BSE) · $vol 0M

₹367.85 ($3.82)

-2.20 (-0.59%)

NSE · Industrials · Specialty Business Services · Tech Score Strong Sell · Power 35 · ₹17.1B mcap · 11M float · 0.494% daily turnover

Analysis Technicals Weather Peers

Revenue

$43.1B -2.2% ▼

5Y CAGR: +10.6%

Gross Profit

$9.5B -78.2% ▼

5Y CAGR: +32.3%

Operating Income

-$4.0B -49.9% ▼

Net Income

$322M -73.5% ▼

5Y CAGR: -37.4%

EPS (Diluted)

$6.92 -73.5% ▼

5Y CAGR: -38.8%

EBITDA

$6.3B -21.9% ▼

5Y CAGR: +74.2%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$42.4B	$44.9B	$46.2B	$44.0B	$43.1B
YoY Growth	+63.1%	+5.7%	+2.9%	-4.6%	-2.2%
Cost of Revenue	$33.5B	$463M	$27.2B	$608M	$33.6B
Gross Profit	$8.9B	$44.4B	$18.9B	$43.4B	$9.5B
Gross Margin	21.0%	99.0%	41.0%	98.6%	22.0%
R&D Expenses	$18M	$0	$0	$0	$0
SG&A Expenses	$2.6B	$2.8B	$2.2B	$16.1B	$2.4B
Operating Expenses	$469M	$46.1B	$47.5B	$46.1B	$13.5B
Operating Income	-$306M	-$1.7B	-$1.7B	-$2.7B	-$4.0B
Operating Margin	-0.7%	-3.8%	-3.7%	-6.0%	-9.2%
Interest Expense	$1.6B	$1.4B	$1.6B	$2.3B	$2.1B
Income Before Tax	-$1.1B	$1.9B	$1.1B	$598M	-$723M
Tax Expense	-$709M	-$1.0B	-$207M	$1.8B	$708M
Net Income	$60.5B	$3.3B	$1.3B	$1.2B	$322M
Net Margin	142.5%	7.4%	2.9%	2.8%	0.7%
EPS (Diluted)	$1151.40	$63.22	$27.52	$26.10	$6.92
EBITDA	$4.0B	$7.8B	$8.3B	$8.1B	$6.3B
Shares Outstanding	53M	53M	48M	47M	47M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$10.9B	$10.9B	$10.6B	$11.6B	$10.6B	$10.9B	$10.8B	$10.8B
Cost of Revenue	$7.7B	$119M	$143M	$246M	$256M	$7.8B	$380M	$271M
Gross Profit	$3.2B	$10.8B	$10.5B	$11.4B	$10.3B	$3.1B	$10.4B	$10.6B
Gross Margin	29.7%	98.9%	98.7%	97.9%	97.6%	28.7%	96.5%	97.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$4.4B	$0	$0	$4.0B	$4.0B	$4.1B	$3.9B	$4.4B
Operating Expenses	$4.4B	$11.7B	$11.2B	$11.1B	$11.3B	$4.1B	$11.4B	$11.7B
Operating Income	-$1.1B	-$987M	-$740M	$216M	-$996M	-$922M	-$1.1B	-$1.1B
Operating Margin	-10.5%	-9.1%	-7.0%	1.9%	-9.4%	-8.4%	-9.9%	-9.9%
Interest Expense	$564M	$624M	$556M	$548M	$579M	$538M	$470M	$481M
Income Before Tax	-$442M	-$407M	$413M	$1.0B	-$265M	-$141M	-$410M	$93M
Tax Expense	$128M	$98M	$498M	$1.1B	$198M	$129M	$151M	$229M
Net Income	$1.6B	-$453M	-$26M	$38M	$174M	-$195M	$426M	-$83M
Net Margin	14.8%	-4.2%	-0.2%	0.3%	1.7%	-1.8%	4.0%	-0.8%
EPS (Diluted)	$34.72	$-8.87	$-0.57	$0.82	$3.75	$-4.20	$9.15	$-1.78
EBITDA	$1.4B	$1.5B	$2.3B	$2.8B	$1.6B	$1.6B	$1.3B	$1.9B
Shares Outstanding	47M	51M	46M	47M	46M	46M	47M	47M

HGS.NS NSE