HOV Services Ltd.

HOVS

₹52.66

-1.31% (-0.7)

Market Cap

₹67 Cr.

P/E

17.99

About

HOV Services Limited was incorporated in 1989 under the Companies Act, 1956 as Codec Communication Pvt. Ltd. The company commenced its operations on January 10, 1989. In March, 2006 the company change… Read more

HOV Services Limited was incorporated in 1989 under the Companies Act, 1956 as Codec Communica… Read more

Low

52W Range

High

111

Timeline

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Forensics

8 Yes

Positive for this company

3 Neutral

Neutral for this company

6 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Other Income

Other income component is making ratios of the company look optically better
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Net profit margin is responsible for roe increase over last 10 years
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Share price

Share price has decreased over last 10 years more due to earnings
Working Capital

Company has significant working capital which is dragging its roce and roe
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Peer Comparison

FAQs on HOV Services Ltd. Business

What does HOV Services 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 HOV Services?

HOV Services major competitors are Riddhi Corp. Service, Kandarp Digi Smart, Hinduja Global Soln., RPSG Ventures, Firstsource Solution, Starcom Information, Vedavaag Systems.
Market Cap of HOV Services is ₹67 Crs.
While the median market cap of its peers are ₹114 Crs.

Is HOV Services financially stable compared to its competitors?

HOV Services seems to be less financially stable compared to its competitors.
Altman Z score of HOV Services is 4.08 and is ranked 4 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Company Filing

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Earnings Release															Mar	Jun Sep Dec
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Discussions & Analysis

HOV Services Ltd.

View the discussion on ValuePickr

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HOV Services Ltd.