Hinduja Global Solutions Q1 FY27: Revenue, PAT range 2026

Hinduja Global Solutions (NSE: HGS) is back on investors’ radar ahead of the July-August 2026 results window for the quarter ended June 2026. The stock data shared alongside the preview shows a current share price of ₹450.35, up ₹50.10 (12.52%). Separately, the same preview context also references HGS trading at ₹411 with a market capitalisation of ₹1,905 crore and a price-to-earnings multiple described as “not meaningful”.

The immediate focus is a set of Q1 FY27 estimate ranges that frame expectations versus Q1 FY26. These estimates are presented as a range rather than a point forecast, and are tied back to a trailing-growth framework applied to the company’s Q1 FY26 base.

Stock price levels and what the preview highlights

Two price points appear in the provided data: ₹450.35 as the current share price, and ₹411 as the trading level cited in the Q1 FY27 preview note. The preview also lists a 12-month target range of ₹377-430 (Uniresearch estimate).

The same preview positions investors “ahead of the July-August 2026 results season” and notes that the P/E is “not meaningful”, a description typically used when earnings are negative or not comparable.

Q1 FY27 estimates: revenue range and profit expectation

The core estimate table provided for Q1 FY27 sets a revenue band of ₹1,067-1,228 crore versus Q1 FY26 actual revenue of ₹1,187 crore. The YoY growth shown alongside the revenue line is -3.3%.

On profitability, the estimate range for net profit or PAT is ₹15-19 crore versus Q1 FY26 actual PAT of ₹11 crore, with YoY growth shown as +50.0%. The same table tags the expected results date as “July-August 2026 (indicative)”.

Table: Hinduja Global Solutions Q1 FY27 estimate range

Q1 FY26 reference point used in the preview

The preview states it is built on a “trailing-growth framework” applied to the company’s Q1 FY26 base of ₹1,187 crore revenue and ₹11 crore net profit, using the most recent year-on-year growth signal from Q4 FY26.

A separate Q1 FY26 summary also states the consolidated revenue for Q1 FY26 was ₹1,187.25 crore and the announcement date was August 6, 2025. In that summary, consolidated EBITDA is given as ₹159.7 crore with an EBITDA margin of 13.5%, and net profit (including discontinued operations) is stated at ₹11.16 crore.

In addition, another data point describes “First Quarter 2026” results as revenue of ₹10.6b, which equals ₹1,060 crore, down 3.3% from 1Q 2025, and a net loss of ₹400.6m, which equals ₹40.06 crore. The same line notes a loss per share of ₹8.62 versus ₹11.11 loss in 1Q 2025.

FY26 consolidated snapshot: full-year and Q4 context

For the year ended March 31, 2026, HGS reported total income of ₹4,857.0 crore (US$147.3 million). Another FY26 disclosure states consolidated total income for FY26 was ₹4,857.02 crore, down 2.05% year-on-year from ₹4,958.76 crore in FY25.

For Q4 FY26 on a consolidated basis, total income is reported at ₹1,254.63 crore, up 5.24% quarter-on-quarter from ₹1,192.20 crore in Q3 FY26 and down 3.32% year-on-year from ₹1,297.72 crore in Q4 FY25. Consolidated revenue from operations for Q4 FY26 is stated at ₹1,084.67 crore, up 0.86% QoQ from ₹1,075.42 crore and down 6.58% YoY from ₹1,161.06 crore.

The group also reported a consolidated net loss of ₹13.58 crore for Q4 FY26, compared with a net profit of ₹34.35 crore in Q3 FY26 and a net loss of ₹1.69 crore in Q4 FY25.

Standalone performance: quarterly trend through FY26

The provided standalone quarterly table (all figures in ₹ crore) shows net sales around the mid-₹400 crore range through FY26, with operating profit negative across the five quarters listed. Other income rises sharply in Mar 2026 to ₹96 crore, while profit before tax remains negative in every quarter shown.

In Mar 2026, standalone net sales are ₹450.11 crore, total expenditure is ₹460.90 crore, and operating profit is -₹10.79 crore. Profit after tax for the same quarter is a standalone net loss of ₹19.00 crore, with adjusted EPS at -₹4.08.

Table: Standalone quarterly financials (₹ crore)

Board approval date and company disclosures

The filing excerpt included in the material states the Board of Directors met on May 29, 2026 (2.00 pm IST to 7.30 pm IST) and approved audited standalone and consolidated financial results for the year ended March 31, 2026.

The same disclosure block lists corporate office and registered office addresses and provides investor contact details. The contact numbers shown are 08046431000 and 08046431222.

Market impact: what investors will track into Q1 FY27

With the Q1 FY27 estimate range calling for revenue of ₹1,067-1,228 crore and PAT of ₹15-19 crore, the immediate market focus will be the delivered revenue print versus the Q1 FY26 base of ₹1,187 crore and whether profit expectations are met.

Investors are also likely to compare Q1 performance with the Q4 FY26 consolidated run-rate, where revenue from operations was reported at ₹1,084.67 crore, and the quarter ended with a consolidated net loss of ₹13.58 crore. On the standalone side, the FY26 quarterly pattern shows operating profit negative across multiple quarters, making the quality and drivers of earnings a key point of scrutiny.

Analysis: why the Q1 FY27 preview matters

The estimate table places a negative YoY growth signal on revenue while still showing higher expected PAT versus the prior-year quarter. That combination makes segment performance, cost lines, and non-operating items important to monitor when the company reports.

The FY26 disclosures also show a mixed picture across consolidated and standalone metrics. Consolidated FY26 total income is presented at about ₹4,857 crore, while the Q4 FY26 consolidated quarter shows a net loss even as total income rose sequentially.

Conclusion

Hinduja Global Solutions’ Q1 FY27 results are expected in the July-August 2026 window. The headline expectations in the shared preview are a revenue band of ₹1,067-1,228 crore and PAT of ₹15-19 crore, with the stock-level context also listing a 12-month target range of ₹377-430.