HandsOn GlobalMgmnt.
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HandsOn Global Management's board approved subscription to 204,946 shares of Nasdaq-listed XBP Global Holdings at $2.83 per share for total consideration of $579,997.18 (Rs5.57 crore). The stake, to be held through HCI LLC, represented 1.45% of XBP Global's outstanding shares following the private placement and was cleared by the audit committee as a non-material related-party transaction at arm's length. XBP Global is a workflow automation company with about 9,000 employees across 20 countries and revenue of $788 million in FY25. The board approved a Rs5.50 crore short-term loan to related party XBP Asia IT Solutions on September 3. HandsOn Global reported consolidated revenue of Rs59.48 crore in FY26 with a net loss of Rs3.05 crore, while the standalone legacy business posted a profit of Rs5.62 crore.
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HandsOn Global Management's board approved subscription to 204,946 shares of Nasdaq-listed XBP Global Holdings at $2.83 per share for total consideration of $579,997.18 (Rs5.57 crore). The stake, to be held through HCI LLC, represented 1.45% of XBP Global's outstanding shares following the private placement and was cleared by the audit committee as a non-material related-party transaction at arm's length. XBP Global is a workflow automation company with about 9,000 employees across 20 countries and revenue of $788 million in FY25. The board approved a Rs5.50 crore short-term loan to related party XBP Asia IT Solutions on September 3. HandsOn Global reported consolidated revenue of Rs59.48 crore in FY26 with a net loss of Rs3.05 crore, while the standalone legacy business posted a profit of Rs5.62 crore.
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HandsOn Global Management approved a ₹5.50 crore, 90-day loan to XBP Asia IT Solutions, a related party, at an annual interest rate of 10%. The board also approved a related-party transaction in the ordinary course of business and described the transactions as non-material under listing rules. HGM's FY26 consolidated revenue was ₹59.48 crore, while it reported a consolidated PBT loss of ₹1.22 crore after Aideo Technologies was brought into the group. Its FY27 related-party service approvals covered HealthAxis, XBP, SourceHOV and HOVG for combined stated values of about US$15.95 million.
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HandsOn Global Management approved a ₹5.50 crore, 90-day loan to XBP Asia IT Solutions, a related party, at an annual interest rate of 10%. The board also approved a related-party transaction in the ordinary course of business and described the transactions as non-material under listing rules. HGM's FY26 consolidated revenue was ₹59.48 crore, while it reported a consolidated PBT loss of ₹1.22 crore after Aideo Technologies was brought into the group. Its FY27 related-party service approvals covered HealthAxis, XBP, SourceHOV and HOVG for combined stated values of about US$15.95 million.
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Aug 20 (Reuters) - HandsOn Global Management (HGM) Ltd HOVS.NS:
HANDSON GLOBAL MANAGEMENT (HGM) LTD - HGM APPROVES 100% ACQUISITION OF AIDÉO TECHNOLOGIES
HANDSON GLOBAL MANAGEMENT - ACQUISITION FOR 140.8 MILLION RUPEES
Source text: ID:nNSE8Bk4bg
Further company coverage: HOVS.NS
(([email protected];))
Aug 20 (Reuters) - HandsOn Global Management (HGM) Ltd HOVS.NS:
HANDSON GLOBAL MANAGEMENT (HGM) LTD - HGM APPROVES 100% ACQUISITION OF AIDÉO TECHNOLOGIES
HANDSON GLOBAL MANAGEMENT - ACQUISITION FOR 140.8 MILLION RUPEES
Source text: ID:nNSE8Bk4bg
Further company coverage: HOVS.NS
(([email protected];))
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What does HandsOn GlobalMgmnt. do?
HOV Services Limited, formerly known as Codec Communication Pvt. Ltd., provides IT and IT enabled services including data entry and software development since its inception in 1989.
Who are the competitors of HandsOn GlobalMgmnt.?
HandsOn GlobalMgmnt. major competitors are Kandarp Digi Smart, Riddhi Corp. Service, Hinduja Global Soln., RPSG Ventures, Firstsource Solution, Vedavaag Systems, Starcom Information. Market Cap of HandsOn GlobalMgmnt. is ₹59 Crs. While the median market cap of its peers are ₹65 Crs.
Is HandsOn GlobalMgmnt. financially stable compared to its competitors?
HandsOn GlobalMgmnt. seems to be less financially stable compared to its competitors. Altman Z score of HandsOn GlobalMgmnt. is 1.16 and is ranked 6 out of its 8 competitors.
Does HandsOn GlobalMgmnt. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. HandsOn GlobalMgmnt. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has HandsOn GlobalMgmnt. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable
How strong is HandsOn GlobalMgmnt. balance sheet?
HandsOn GlobalMgmnt. balance sheet is weak and might have solvency issues
Is the profitablity of HandsOn GlobalMgmnt. improving?
No, profit is decreasing. The profit of HandsOn GlobalMgmnt. is -₹6.84 Crs for TTM, -₹3.05 Crs for Mar 2026 and ₹4.22 Crs for Mar 2025.
Is the debt of HandsOn GlobalMgmnt. increasing or decreasing?
Yes, The net debt of HandsOn GlobalMgmnt. is increasing. Latest net debt of HandsOn GlobalMgmnt. is ₹4.71 Crs as of Mar-26. This is greater than Mar-25 when it was -₹14.4 Crs.
Is HandsOn GlobalMgmnt. stock expensive?
HandsOn GlobalMgmnt. is not expensive. Latest PE of HandsOn GlobalMgmnt. is 16.14, while 3 year average PE is 31.99. Also latest EV/EBITDA of HandsOn GlobalMgmnt. is 0.0 while 3yr average is 22.97.
Has the share price of HandsOn GlobalMgmnt. grown faster than its competition?
HandsOn GlobalMgmnt. has given lower returns compared to its competitors. HandsOn GlobalMgmnt. has grown at ~-0.52% over the last 3yrs while peers have grown at a median rate of 9.7%
Is the promoter bullish about HandsOn GlobalMgmnt.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in HandsOn GlobalMgmnt. is 50.42% and last quarter promoter holding is 50.42%.
Are mutual funds buying/selling HandsOn GlobalMgmnt.?
There is Insufficient data to gauge this.