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HOV Services Limited (HOVS) Fair Value & Analysis

Technology · IN · Market cap ₹974M

HS HOV Services Limited HOVS · BSE
Price₹53.99
Fair Value₹44.60
Upside-17.4%
Quality58/100
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Evidence: High Range ₹33.45 – ₹55.75

Fair value as of: Jul 5, 2026

From 15 valuation models · updated today

Share price −13.0% over the past month.

Price vs Fair Value (12 months)

₹81.00 ₹45.11 Fair Value ₹44.60 Jun 2025 Jul 2026

12‑month range ₹45.11 – ₹81.00 · fair‑value band ₹33.45 – ₹55.75 · the ₹53.99 price screens above the ₹44.60 fair value. As of Jul 5, 2026.

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Analysis

HOV Services Limited (HOVS) currently trades at ₹53.99, while our model-based Fair Value estimate is ₹44.60 — implying the stock looks roughly 17.4% overvalued today. We read business quality at 58/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, HOV Services Limited generated revenue of ₹305M at a net margin of 16.9%. Revenue grew 144.1% year over year. It earns a return on equity of 18.0%. The stock trades on a trailing P/E of 18.9. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹33.45 (bear case) to ₹55.75 (bull case); at ₹53.99, the current price sits within that range. The share trades about 36% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 14% fair-value upside — at -17%, HOVS screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹305M
Revenue growth (YoY) +144%
Net margin 16.9%
Return on equity 18.0%
Free cash flow −₹12.8M FY2024
P/E ratio 18.9
More key figures
Operating margin 18.3%
EPS (TTM) ₹4.10
EPS growth (YoY) +121%

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

HOV Services Limited, together with its subsidiaries, provides software and IT enabled services. It offers software development, maintenance, support, and related services; data entry and business process outsource services; and software licenses services. HOV Services Limited company was incorporated in 1989 and is headquartered in Pune, India.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

HOV Services Limited reported revenue of ₹225M in FY2024 versus ₹96.6M in FY2020, a compound +23.5%/yr. Reported net income was ₹42.2M in FY2024, compounding +13.2%/yr from FY2020.

Revenue +23.5%/yr
FY20 ₹96.6M
FY21 ₹101M
FY22 ₹121M
FY23 ₹161M
FY24 ₹225M
Net income +13.2%/yr
FY20 ₹25.7M
FY21 ₹21.5M
FY22 ₹45.7M
FY23 ₹26.9M
FY24 ₹42.2M

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Cite: Fair Value Calculator (2026). "HOV Services Limited Fair Value". https://www.fairvalue-calculator.com/stock/HOVS

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $301.77 $153.91 -49%
Accenture plc ACN $124.83 $250.14 +100%
Tata Consultancy Services Limited TCS ₹2,154 ₹2,580 +20%
Infosys Limited INFY ₹1,144 ₹1,305 +14%
HCL Technologies Limited HCLTECH ₹1,131 ₹2,568 +127%
Fiserv, Inc F1IS34 R$138.35 R$187.39 +35%
Cognizant Technology Solutions Corporation CTSH34 R$216.10 R$93.61 -57%
Wipro Limited WIPRO ₹198.37 ₹205.08 +3%
Fidelity National Information Services, Inc F1NI34 R$13.07 R$5.82 -55%
Broadridge Financial Solutions, Inc B1RF34 R$193.00 R$41.61 -78%

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Frequently asked questions

Is HOV Services Limited (HOVS) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹44.60 versus a price of ₹53.99 — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HOVS?
Our model-based fair value for HOV Services Limited is ₹44.60 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹53.99.
What is the quality score of HOVS?
HOV Services Limited has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of HOV Services Limited (HOVS)?
HOV Services Limited reported trailing-twelve-month revenue of about ₹305M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of HOVS?
The net profit margin of HOV Services Limited is about 16.9%, meaning it keeps roughly 16.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.