HOV Services Ltd
HOVS

HOV Services Ltd (HOVS)

₹56.657.69%

Key Stats

₹52.6
Day's Price Range
₹59.7
₹41
52-Week Price Range
₹79.15
1 Month Return1.54 %
3 Month Return-7.4 %
1 Year Return-26.8 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 97
30.76
EPS
Rank 94
₹1.7
BVPS
Rank 54
₹76.2
Dividend Yield
Rank 71
ROE
Rank 106
4.74%
Price To Book Ratio
Rank 26
0.69
Debt To Asset
Rank 177
0.17

Company Information

The HOV Services was incorporated in 1989 under the Companies Act 1956 as Codec Communications Private Limited. The Company commenced its operations as a software services company on January 10 1989. The name of the Company was changed to HOV Services Private Limited on February 27 2006. The Company became a public company on January 5 2006 and the name of the Company was changed to HOV Services Limited on March 9 2006. Operating as a hybrid between an investment portfolios and a diversified services corporation HOV Services Limited HOVS or The Company manages a variety of investment portfolios in partnership with some of the worlds largest investment bankers private equity groups and global financial institutions. HOVS genesis began by strategically positioning itself in the ITBPO space through both acquisition and organic growth. In its more recent history we have entered into the environmental protection industry. HOVS through its indirect subsidiary is designing and developing advanced solutions for solving problems related to erosion control soil stabilization environment conservation and construction in infrastructure projects as well as in the application sectors of roads railways rivers channels landfills coastal protection civil construction. We are reviewing promising opportunities in the environment protection space more specifically in the area of coastal protection.Portfolio companies acquired and controlled by HOVS are spread across the globe. Our areas of investment and focus include the US Canada India China Mexico and the Philippines. Management and each of our business divisions direct our combined group growth strategy direction and administration.The Company has the following subsidiary companies HOVS LLC incorporated in Delaware under the laws of United States of America HOVS Holdings Limited incorporated under the Companies Ordinance of Hong Kong and HOV Environment Solutions Private Limited incorporated in Maharashtra under Indian Company Law.On April 29 2011 the Company completed the merger of its indirect subsidiary HOV Services LLC with SOURCECORP Inc. a portfolio company of Apollo Management V L.P. The merged entity called SourceHOV LLC SourceHOV reflecting the union of the two companies and our expanded capabilities.SourceHOV is a provider of endtoend business process outsourcing solutions with highly customized services as well as specialized knowledgebased processing and consulting solutions. The company offers clients in informationintensive industries such as healthcare financial services legal public sector and transportation the solutions to manage their information and document intensive business processes and the solutions to fulfill certain specialized knowledgebased processing and consulting requirements enabling these organizations to concentrate on their core competencies.Hov Services has recently made entrance into the environmental protection space through a newly created indirect subsidiary HOV Environment Solutions private Limited HOV ESPL. HOV ESPL aims to design and develop advanced solutions for solving problems related to erosion control soil stabilization environment conservation and construction in infrastructure projects as well as in the application sectors of roads railways rivers channels landfills coastal protection civil construction.
OrganisationHOV Services Ltd
HeadquartersPune
IndustryIT - Software