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

₹561.95 ($5.84)

-12.65 (-2.20%)

NSE · Industrials · Conglomerates · Tech Score Sell · Power 32 · ₹69.6B mcap · 37M float · 0.243% daily turnover

Revenue

$42.5B +19.3% ▲

5Y CAGR: +24.8%

Gross Profit

$3.5B -39.9% ▼

5Y CAGR: +19.9%

Operating Income

$2.7B -25.4% ▼

5Y CAGR: +30.7%

Net Income

$1.5B +35.9% ▲

5Y CAGR: +32.0%

EPS (Diluted)

$12.34 +29.8% ▲

5Y CAGR: +30.2%

EBITDA

$3.7B +26.9% ▲

5Y CAGR: +32.8%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$20.4B	$25.9B	$27.5B	$35.6B	$42.5B
YoY Growth	+45.0%	+27.4%	+6.3%	+29.4%	+19.3%
Cost of Revenue	$18.6B	$23.4B	$24.1B	$29.8B	$39.0B
Gross Profit	$1.7B	$2.5B	$3.5B	$5.9B	$3.5B
Gross Margin	8.6%	9.7%	12.7%	16.5%	8.3%
R&D Expenses	$0	$0	$0	$1M	$0
SG&A Expenses	$106M	$123M	$865M	$2.2B	$809M
Operating Expenses	$223M	$255M	$865M	$2.2B	$809M
Operating Income	$936M	$1.4B	$2.6B	$3.7B	$2.7B
Operating Margin	4.6%	5.5%	9.5%	10.3%	6.4%
Interest Expense	$203M	$359M	$567M	$800M	$823M
Income Before Tax	$715M	$1.0B	$1.2B	$1.5B	$2.0B
Tax Expense	$268M	$334M	$244M	$383M	$506M
Net Income	$447M	$711M	$930M	$1.1B	$1.5B
Net Margin	2.2%	2.7%	3.4%	3.1%	3.5%
EPS (Diluted)	$3.96	$6.31	$8.23	$9.51	$12.34
EBITDA	$1.2B	$1.8B	$2.3B	$2.9B	$3.7B
Shares Outstanding	113M	113M	113M	115M	121M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$8.7B	$8.8B	$8.8B	$9.3B	$9.9B	$10.4B	$10.0B	$11.2B
Cost of Revenue	$7.3B	$7.4B	$7.3B	$7.7B	$8.3B	$8.7B	$8.3B	$10.2B
Gross Profit	$1.4B	$1.4B	$1.5B	$1.6B	$1.6B	$1.7B	$1.7B	$982M
Gross Margin	16.3%	15.9%	16.5%	17.2%	16.3%	16.1%	17.1%	8.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$524M	$0	$0	$634M	$0	$0	$0	$213M
Operating Expenses	$888M	$910M	$921M	$634M	$1.0B	$1.0B	$1.0B	$213M
Operating Income	$531M	$498M	$532M	$974M	$591M	$635M	$679M	$769M
Operating Margin	6.1%	5.6%	6.0%	10.4%	5.9%	6.1%	6.8%	6.9%
Interest Expense	$198M	$208M	$199M	$196M	$205M	$201M	$190M	$226M
Income Before Tax	$362M	$318M	$392M	$406M	$421M	$474M	$471M	$572M
Tax Expense	$90M	$89M	$106M	$99M	$103M	$121M	$110M	$156M
Net Income	$273M	$229M	$287M	$308M	$317M	$352M	$361M	$416M
Net Margin	3.1%	2.6%	3.3%	3.3%	3.2%	3.4%	3.6%	3.7%
EPS (Diluted)	$2.38	$2.00	$2.44	$2.62	$2.69	$2.95	$3.02	$3.43
EBITDA	$755M	$726M	$792M	$772M	$834M	$898M	$894M	$1.0B
Shares Outstanding	114M	115M	118M	117M	118M	119M	120M	121M

HNDFDS.NS NSE