Hinduja Global Solutions cash flow

Latest FY26

Cash from operations: ₹413cr−9.7% on FY25
Capital spending: ₹133cr−45.4% on FY25
Free cash flow: ₹280cr+31.0% on FY25
Cash from financing: −₹511cr−₹898 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	505	523	534	455
	—	207	229	184	137
	—	−366	−448	−343	−289
	—	−0.8	−1.5	−1.6	−0.1
	—	0.0	0.6	−0.8	−3.4
	—	533	−25.7	0.0	23.5
	—	−98.0	0.0	0.0	−126
	—	0.0	−4.9	0.0	0.0
	—	0.0	0.0	0.0	3.9
	—	−4.9	−9.3	0.0	−4.3
	—	−101	−44.4	5.5	−51.3
	—	102	−1.6	19.9	−12.6
	—	−76.1	−99.0	11.6	−23.8
	—	−163	232	−120	67.0
	—	18.7	−154	−106	189
	—	106	4.2	31.5	−94.2
	—	−139	159	9.9	−163
Cash from operating activities
	−98.6	−72.3	59.8	110	202
	—	522	360	225	108
	—	450	420	335	310
	—	0.0	0.0	−78.9	0.0
	—	37.4	−36.9	64.0	186
	—	413	457	192	124
Cash from investing activities
	—	133	244	185	295
	—	5.9	24.9	255	312
	—	500	0.0	0.0	0.0
	—	85.4	127	119	391
	—	2,033	2,532	1,321	2,846
	—	2,082	2,828	1,922	1,627
	—	0.8	1.5	1.6	0.1
	—	370	414	261	271
	—	156	137	−641	1,131
	—	−137	502	174	−191
Cash from financing activities
	—	0.0	0.0	0.0	1.1
	—	0.0	0.0	1,254	0.0
	—	3,340	4,613	2,413	251
	—	3,233	4,732	1,428	735
	—	411	0.0	351	284
	—	206	229	177	142
	—	1.0	28.4	11.1	109
	—	0.0	−522	0.0	35.4
	—	−511	−898	−808	−982
	—	−236	61.3	−442	−1,049
	—	52.9	15.9	4.6	84.8
	—	−183	77.2	−438	−964
	—	—	—	675	1,112
Reference items
	35.7	98.9	257	356	244
	0.8%	2.3%	5.8%	7.7%	5.4%
	280	280	214	7.8	−170
	—	181	−135	816	—
	₹60.12	₹60.12	₹45.90	₹1.67	−₹36.63
	5.73×	—	—	—	—
	—	83.53×	4.54×	1.47×	0.35×
	—	37.4	−36.9	64.0	186
	—	206	229	177	142

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HGS₹344.25

Hinduja Global Solutions Limited

· Consumer Services

₹ CrorePeersONEPOINT RPSGVENT ALLDIGI WEWINMcap ₹1,601 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	455.4	533.9	522.8	504.8	—
+ Finance Costs	137.3	183.6	229.1	206.8	—
+ Interest Income	-288.5	-343.0	-447.5	-366.5	—
+ Dividend Income	-0.1	-1.6	-1.5	-0.8	—
+ Fair Value (Gains) / Losses	-3.4	-0.8	0.6	0.0	—
+ Unrealised FX (Gain) / Loss	23.5	0.0	-25.7	532.7	—
+ Other Non-cash Items	-126.0	0.0	0.0	-98.0	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-4.9	0.0	—
+ Other Reconciling Items	3.9	0.0	0.0	0.0	—
Changes in Working Capital
+ Inventories	-4.3	0.0	-9.3	-4.9	—
+ Trade Receivables — Current	-51.3	5.5	-44.4	-100.6	—
+ Other Financial Assets — Current	-12.6	19.9	-1.6	101.8	—
+ Other Current Assets	-23.8	11.6	-99.0	-76.1	—
+ Trade Payables — Current	67.0	-119.9	232.3	-162.6	—
+ Other Financial Liabilities — Current	188.7	-105.8	-153.7	18.7	—
+ Other Current Liabilities	-94.2	31.5	4.2	106.1	—
+ Provisions — Current	-163.4	9.9	158.9	-139.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	202.4	110.5	59.8	-72.3	-98.6
+ Total Adjustments (incl. Working Capital)	108.1	224.8	360.5	522.3	—
Cash from Operations (pre-tax)	310.5	335.3	420.3	450.0	—
+ Other Inflows / (Outflows) — Operating	0.0	-78.9	0.0	0.0	—
+ Income Taxes Paid	186.2	64.0	-36.9	37.4	—
Cash from Operating Activities	124.3	192.4	457.2	412.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	294.7	184.6	243.7	133.0	—
+ Disp of Fixed Assets	312.1	255.1	24.9	5.9	—
+ Purchase of Investments (Equity / Debt)	0.0	0.0	0.0	499.8	—
+ Acq of Subsidiaries / Businesses (net)	391.3	119.3	127.0	85.4	—
+ Loans & Advances Made	2,846.4	1,321.2	2,532.1	2,032.7	—
+ Loans & Advances Repaid	1,626.7	1,921.8	2,828.1	2,081.6	—
+ Dividends Received — Investing	0.1	1.6	1.5	0.8	—
+ Interest Received — Investing	271.4	260.7	413.8	369.9	—
+ Other Inflows / (Outflows) — Investing	1,131.0	-640.6	136.8	155.8	—
Cash from Investing Activities	-191.2	173.6	502.3	-137.0	—
Cash from Financing Activities
+ Proceeds from Exercise of Stock Options	1.1	0.0	0.0	0.0	—
+ Buyback / Redemption of Own Shares	0.0	1,254.0	0.0	0.0	—
+ Proceeds from Borrowings	250.9	2,413.1	4,613.4	3,340.0	—
+ Repayment of Borrowings	735.2	1,427.9	4,732.4	3,232.9	—
+ Payment of Lease Liabilities	283.8	351.4	0.0	411.3	—
+ Interest Paid	141.6	177.1	229.1	206.1	—
+ Dividends Paid	109.3	11.1	28.4	1.0	—
+ Other Inflows / (Outflows) — Financing	35.4	0.0	-521.7	0.0	—
Cash from Financing Activities	-982.4	-808.5	-898.2	-511.3	—
Net Changes in Cash (pre-FX)	-1,049.3	-442.5	61.3	-235.7	—
+ Effect of FX Rate Changes on Cash	84.8	4.6	15.9	52.9	—
Net Changes in Cash	-964.5	-437.8	77.2	-182.8	—
Closing Cash	1,112.4	674.5	—	—	—
Reference Items
EBITDA	244.1	355.9	257.2	98.9	35.7
EBITDA Margin %	5.42	7.71	5.84	2.30	0.83
Free Cash Flow (CFO − Capex)	-170.4	7.8	213.5	279.7	279.7
Free Cash Flow to Equity	—	815.8	-134.6	180.7	—
Free Cash Flow per Basic Share	-36.63	1.67	45.90	60.12	60.12
Price to Free Cash Flow	—	—	—	—	5.73
Cash Flow to Net Income	0.35	1.47	4.54	83.53	—
Cash Paid for Taxes	186.2	64.0	-36.9	37.4	—
Cash Paid for Interest	141.6	177.1	229.1	206.1	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.