Hinduja Global Solutions reported FY2026 consolidated revenue of ₹4,307.4 crore and EBITDA of ₹648.6 crore. The company recommended a ₹5 per share dividend, supported by a ₹5,346 crore cash surplus. However, its media division reported a ₹175 crore loss for the year.

Hinduja Global Solutions FY2026 Results

Hinduja Global Solutions reported FY2026 consolidated revenue of ₹4,307.4 crore and EBITDA of ₹648.6 crore.

Reader Takeaway: AI focus boosts consolidated results; media losses and standalone losses remain pressure points.

What just happened

Hindu Global Solutions (HGS) announced its financial results for the fiscal year ending March 2026. The company achieved consolidated revenue from operations of ₹4,307.4 crore and total income of ₹4,857 crore. The fourth quarter saw consolidated revenue at ₹1,085 crore. Full-year consolidated EBITDA stood at ₹648.6 crore, with a margin of 13.4%, while Q4 EBITDA was ₹197.1 crore at a 15.7% margin. Despite these consolidated positives, HGS reported a standalone net loss of ₹(160) crore for the full year, resulting in a basic EPS of ₹(34.52).

Why this matters

The results highlight HGS's strategic focus on 'Realized AI' and digital services, evidenced by 79 new client signings. The strong consolidated performance and a significant cash surplus of ₹5,346 crore have enabled the Board to recommend a final dividend of ₹5 per equity share. This signals management's confidence in future cash flows. However, the persistent losses in the media division (₹175 crore for FY26) and the negative standalone EPS remain key concerns for investors.

The backstory

HGS has been undergoing a transformation, shifting focus from experimentation to production-grade AI deployments. The media division has been impacted by industry shifts from linear TV to OTT platforms. The company also has an ongoing income tax addition case related to the NXTDIGITAL merger sub-judice in the Bombay High Court.

What changes now

The recommendation of a ₹5 dividend, supported by a substantial cash surplus, indicates a return to shareholder payouts. The company is actively pursuing cost and revenue optimization in its media segment and expanding its AI and digital services. Strategic initiatives like 'Project Ganga' with the Government of Uttar Pradesh are also underway to boost digital inclusion.

Risks to watch

The primary risks include the continued financial drag from the media division, the negative standalone performance, and the outcome of the income tax addition case related to the NXTDIGITAL merger, which is currently with the Bombay High Court.

Peer comparison

While specific peer comparison data is not provided in the filing, HGS operates in the Business Process Management (BPM) and digital services sector, competing with various global and domestic players. The company's consolidated EBITDA margin of 13.4% should be viewed against industry benchmarks for BPM and IT-enabled services.

Context metrics (time-bound)

• FY2026 Consolidated Revenue: ₹4,307.4 crore
• FY2026 Consolidated EBITDA: ₹648.6 crore (13.4% margin)
• FY2026 Media Division Loss: ₹(175) crore
• FY2026 Standalone Net Loss: ₹(160) crore
• FY2026 Basic EPS: ₹(34.52)
• Cash/Treasury Surplus: ₹5,346 crore
• Recommended Dividend: ₹5 per equity share

What to track next

Investors should monitor the progress of 'Realized AI' deployments, the effectiveness of cost optimization in the media division, the turnaround of standalone performance, and developments in the income tax addition case at the Bombay High Court.