Thread by @TYMFinance

Hinduja Global Ltd conducted the concall today at 4:00 pm.

" Expanding Business operation areas and client base for futher growth. To become a technology lead BPO."

Here are the Conference call highlights

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Outlook

- One of the leading business process management company delivered strong growth during this period.

- During this quarter, they have attained good client wins in creation of new logos for their core BPM service vertical.

- They have seen a lot of improvement in their HGS service model.

- They have entered into 9 engagement in this model.

- Company had always had good amount of global presence and at present their UK business, is booming at its peak levels.

- Company is in a contract creations model with its clients in which 60% are long term and rest short term.

- This is expected to change in future.

- In past, they have seen a lots of hickups due to covid, but now all the situation are been handled with safety their first priority.

- They are entering the new normal situation prevailing around.

- The best way to see their quality of work is their number of employees and their satisfaction level.

- In which they are at all time high.

- Company is expecting cloud and analytics to be main pillars for growth of the company.

- They are making proper changes as well.

- New business areas are also been looked into like finance, and others. For more growth opportunities.

- At present company has more presence in their telecommunications and HealthCare business and it is more expected to change.

- The demerging situation in healthcare will impact company in a decent manner
Due to no compete clause.

- Company has adopted a risk averse strategy of what is going around.

- Company has divested it's healthcare business for funding, and expect it to complete it in 90 to 120 days.

- The income will be used for organic growth, acquisition and other growth models company has talked about.

- Unlock values for share holders will be done, it is kept as a secret for now.

- On geography breakup, India contributes about 26% of revenue, Philippines area 14% and rest comes from canada, us, uk and other areas.

Financials

- Company has delivered better then expected performance during the quarter.

- It's revenue was up by 25% and EBITDA levels grew by 60%

- With strong volumes in its healthcare and work@home delivery model Pat levels grew by 137% on YoY scale.

- On talk of debt, company has reduced its gross debt of Rs145 million.

- Their cash balance stood around 4200 million.

- These loans were been paid of in combination of both Indian and international borrowings.

- They have a confirmation D/E ratio.

- The healthcare deal, taxation will be in range of 22 to 23% as major deal is done as a part of India and Philippines.

Investments

- During this quarter, their total Capex expenditure was around Rs 448 million.

- The company is looking forward to enter new areas in Africa and other areas as well.

- They have 55 global delivery centers as well across 7 countries and expect it to grow further.

- The Capex has been in line of what was mentioned in previous call.

- Their cash conversion has been good but it is an outlier as things might change.

- Company always have a deal pipeline scheduled for them and if anything gets executed company will update shareholders.

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