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BSE: 532859 | NSE: HGS | ISIN: INE170I01016 Market Cap: [Rs.Cr.] 621 | Face Value: [Rs.] 10 Industry: Computers - Software - Medium / Small
HTMT Global Solutions Ltd is one of the largest transnational business conglomerates in the world. The company provides information technology enabled services in India and internationally. They offer professional IT staffing, claims processing, call center, software development, and consulting services. They also provide customer relationship management programs integrating inbound contact centre, Internet, database marketing, market research, closed loop lead management, and fulfillment services. The company offers services in verticals like automotive, banking and financial services, consumer electronics, energy and utilities, government/public sector, healthcare and insurance, household and consumer products, logistics and transportation, media and entertainment, pharmaceuticals and life sciences, technology and telecommunications. They are having 20 delivery centres across US, Canada, Mauritius, Philippines and India, all working towards creating leaders out of their clients. HTMT Global Solutions Ltd was incorporated on January 13, 1995 as Tele Video Communications India Pvt. Ltd with the objective of carrying out the activities relating to media business.
Hinduja Global Solutions Limited, together with its subsidiaries, provides information technology (IT)/IT enabled services in India and internationally. It offers outsourcing solutions, including back office processing, contact center, and customized IT services; and voice and non-voice related customer contact and business process outsourcing services. The company also provides customer relationship management programs integrating inbound contact center, Internet, database marketing, market research
The company was converted into a public company on May 20, 2006. During the year 2006-07, the company's name was changed form Tele Video Communication India Ltd to HTMT Technologies Ltd and then to HTMT Global Solutions Ltd. In November 2006, the company acquired Affina in Illinois State which has multiple centres in Peoria, Waterloo, St Louis, El Paso and Montreal, has significantly added to the Company's delivery capabilities and global footprint. The Information Technology and Information Technology Enabled Services, undertaking of Hinduja TMT Ltd was demerged and transferred to the company on a going concern basis with the appointed date, October 1, 2006 and thus Source1 HTMT Inc, USA, Affina LLC, USA, HTMT Europe Ltd, UK, Hinduja TMT France, Customer Contact Center Inc, Philippines, CCubed (Antilles) NV, C-Cubed BV, Pacific Horizon Ltd became the subsidiary company. The equity shares of the company were listed on the BSE and NSE on June 19, 2007. HTMT Global solutions Ltd was ranked among top 15 ITES-BPO exporters for the financial year 2006-07 by NASSCOM.
They are ranked No 2 in the Best performing Call Center Firms worldwide in the Global Services 100 survey conducted by Neo IT & Global Services Magazine in January 2008. Also, they were the winner of ICT Innovation Award 2008. In June 2008, the company expanded their footprint to Chennai by inaugurating their second delivery centre at Nandambakkam. With this, the company has 11 delivery centres across India in Bangalore, Chennai, Durgapur, Hyderabad, Mumbai and Mysore.
According to the Consolidated - Audited financial statement for the Year of 2012, total net operating revenues increased with 43.63%, from INR 1,102.19 tens of millions to INR 1,583.13 tens of millions. Operating result increased from INR 156.13 tens of millions to INR 184.1 tens of millions which means 17.91% change. The results of the period increased 0.82% reaching INR 106.07 tens of millions at the end of the period against INR 105.21 tens of millions last year. Return on equity (Net income/Total equity) went from 10.53% to 9.24%, the Return On Asset (Net income / Total Asset) went from 9.01% to 4.93% and the Net Profit Margin (Net Income/Net Sales) went from 9.55% to 6.70% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 187.35% compared to 116.90% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 5.18 to 3.66 when compared to the previous year.
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