Share Price and Basic Stock Data
Last Updated: December 13, 2025, 8:01 am
| PEG Ratio | 5.71 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
HCL Technologies Ltd, a prominent player in the IT consulting and software industry, has shown robust revenue growth over the past few years. The company’s sales escalated from ₹85,651 Cr in FY 2022 to ₹101,456 Cr in FY 2023, reflecting a commendable growth trajectory. By FY 2025, sales are reported to reach ₹117,055 Cr, suggesting a sustained upward trend. The trailing twelve months (TTM) figure stands at ₹122,427 Cr, further emphasizing this momentum. Notably, the quarterly sales figures also indicate resilience; the latest quarter reported sales of ₹28,862 Cr, which is a solid increase from ₹26,672 Cr in the previous quarter. This consistent performance could be attributed to HCL’s strategic investments in digital and cloud services, which are increasingly crucial in today’s technology landscape. However, fluctuations in quarterly figures, such as the dip to ₹26,296 Cr in June 2023, may raise eyebrows among investors seeking stability.
Profitability and Efficiency Metrics
HCL Technologies has demonstrated impressive profitability metrics. The operating profit margin (OPM) has remained relatively stable, hovering around 20% to 24% over recent quarters, with the latest reported OPM at 24% in December 2023. This is a positive indicator of the company’s ability to convert sales into profits effectively. Furthermore, the net profit for FY 2025 is projected at ₹17,399 Cr, up from ₹14,845 Cr in FY 2023, marking a growth of about 17%. The return on equity (ROE) stands at a remarkable 25%, showcasing efficient use of shareholders’ funds. However, the company’s cost of capital, reflected in its interest coverage ratio (ICR) of 43.46x, suggests that while HCL is comfortably managing its debt obligations, rising interest rates could pose a future challenge. Overall, HCL’s profitability metrics appear robust, but maintaining these levels in an evolving economic environment will require vigilant management.
Balance Sheet Strength and Financial Ratios
HCL Technologies’ balance sheet showcases a solid financial foundation, with total assets recorded at ₹104,480 Cr and a moderate debt level of ₹6,780 Cr. The company’s debt-to-equity ratio stands at a low 0.03x, indicating a conservative approach to leveraging, which is reassuring for risk-averse investors. Moreover, its reserves have grown to ₹70,706 Cr, providing a buffer for future investments or economic downturns. The interest coverage ratio of 43.46x further underscores the company’s ability to meet interest obligations comfortably. However, the price-to-book value ratio (P/BV) of 6.20x suggests that the stock may be trading at a premium compared to its book value, a factor that could concern value-focused investors. Overall, while the balance sheet appears strong, the high P/BV could indicate overvaluation unless justified by future growth prospects.
Shareholding Pattern and Investor Confidence
The shareholding pattern of HCL Technologies reflects a stable investor base, with promoters holding 60.82% of the equity. This significant stake indicates a strong commitment from the founding family, which can instill confidence among retail investors. Institutional investors also show interest, with foreign institutional investors (FIIs) and domestic institutional investors (DIIs) holding 16.64% and 17.80%, respectively. This diverse ownership structure suggests a level of credibility and attractiveness to both domestic and international investors. However, the gradual decline in FII holdings from 18.29% in December 2022 to 16.64% may warrant attention, as it could signal concerns about future growth or market conditions. The public’s stake remains modest at 4.41%, indicating that retail participation is relatively limited, which can be both a risk and an opportunity for future growth in investor interest.
Outlook, Risks, and Final Insight
HCL Technologies is well-positioned in the IT landscape, but several risks could influence its future trajectory. The ongoing global economic uncertainties, particularly related to inflation and interest rates, may impact client spending on IT services. Additionally, the company faces competition from both established players and emerging tech firms, which could pressure margins. On the upside, HCL’s strong focus on digital transformation and cloud services positions it well to capitalize on growing market demands. Investors should also consider the high valuation metrics, which could limit upside potential if growth slows. Overall, while HCL Technologies appears to have a solid business model and operational efficiency, potential investors should weigh these strengths against the backdrop of market volatility and competitive pressures. Careful analysis and strategic thinking will be essential for navigating the complexities of investing in this dynamic sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 49.2 Cr. | 15.6 | 15.6/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 151 Cr. | 140 | 194/99.8 | 23.1 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 25.6 Cr. | 200 | 310/140 | 18.3 | 26.7 | 0.50 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.28 Cr. | 1.08 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,491.18 Cr | 558.12 | 86.50 | 123.78 | 0.54% | 14.89% | 20.93% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23,464 | 24,686 | 26,700 | 26,606 | 26,296 | 26,672 | 28,446 | 28,499 | 28,057 | 28,862 | 29,890 | 30,246 | 30,349 |
| Expenses | 18,489 | 19,261 | 20,335 | 20,743 | 20,931 | 20,743 | 21,659 | 22,382 | 22,264 | 22,493 | 23,030 | 23,764 | 24,314 |
| Operating Profit | 4,975 | 5,425 | 6,365 | 5,863 | 5,365 | 5,929 | 6,787 | 6,117 | 5,793 | 6,369 | 6,860 | 6,482 | 6,035 |
| OPM % | 21% | 22% | 24% | 22% | 20% | 22% | 24% | 21% | 21% | 22% | 23% | 21% | 20% |
| Other Income | 409 | 236 | 260 | 453 | 344 | 365 | 370 | 416 | 1,103 | 456 | 477 | 449 | 456 |
| Interest | 64 | 79 | 116 | 94 | 86 | 156 | 140 | 171 | 191 | 131 | 166 | 156 | 209 |
| Depreciation | 983 | 998 | 1,137 | 1,027 | 927 | 1,010 | 1,143 | 1,093 | 998 | 1,007 | 1,039 | 1,040 | 1,093 |
| Profit before tax | 4,337 | 4,584 | 5,372 | 5,195 | 4,696 | 5,128 | 5,874 | 5,269 | 5,707 | 5,687 | 6,132 | 5,735 | 5,189 |
| Tax % | 24% | 24% | 24% | 23% | 25% | 25% | 26% | 24% | 25% | 26% | 25% | 25% | 26% |
| Net Profit | 3,281 | 3,487 | 4,096 | 3,981 | 3,531 | 3,833 | 4,351 | 3,995 | 4,259 | 4,237 | 4,594 | 4,309 | 3,844 |
| EPS in Rs | 12.10 | 12.86 | 15.09 | 14.68 | 13.02 | 14.12 | 16.03 | 14.69 | 15.69 | 15.61 | 16.92 | 15.87 | 14.16 |
Last Updated: August 1, 2025, 8:20 pm
Below is a detailed analysis of the quarterly data for HCL Technologies Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 30,349.00 Cr.. The value appears strong and on an upward trend. It has increased from 30,246.00 Cr. (Mar 2025) to 30,349.00 Cr., marking an increase of 103.00 Cr..
- For Expenses, as of Jun 2025, the value is 24,314.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23,764.00 Cr. (Mar 2025) to 24,314.00 Cr., marking an increase of 550.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 6,035.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,482.00 Cr. (Mar 2025) to 6,035.00 Cr., marking a decrease of 447.00 Cr..
- For OPM %, as of Jun 2025, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 21.00% (Mar 2025) to 20.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 456.00 Cr.. The value appears strong and on an upward trend. It has increased from 449.00 Cr. (Mar 2025) to 456.00 Cr., marking an increase of 7.00 Cr..
- For Interest, as of Jun 2025, the value is 209.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 156.00 Cr. (Mar 2025) to 209.00 Cr., marking an increase of 53.00 Cr..
- For Depreciation, as of Jun 2025, the value is 1,093.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,040.00 Cr. (Mar 2025) to 1,093.00 Cr., marking an increase of 53.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 5,189.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,735.00 Cr. (Mar 2025) to 5,189.00 Cr., marking a decrease of 546.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 26.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 3,844.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,309.00 Cr. (Mar 2025) to 3,844.00 Cr., marking a decrease of 465.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 14.16. The value appears to be declining and may need further review. It has decreased from 15.87 (Mar 2025) to 14.16, marking a decrease of 1.71.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:13 am
| Metric | Jun 2014 | Jun 2015 | Mar 2016n n 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32,144 | 36,701 | 31,136 | 47,568 | 50,569 | 60,427 | 70,676 | 75,379 | 85,651 | 101,456 | 109,913 | 117,055 | 122,427 |
| Expenses | 24,108 | 28,215 | 24,482 | 37,178 | 39,323 | 46,501 | 53,360 | 55,331 | 65,122 | 78,828 | 85,715 | 91,551 | 96,505 |
| Operating Profit | 8,035 | 8,486 | 6,654 | 10,390 | 11,246 | 13,926 | 17,316 | 20,048 | 20,529 | 22,628 | 24,198 | 25,504 | 25,922 |
| OPM % | 25% | 23% | 21% | 22% | 22% | 23% | 24% | 27% | 24% | 22% | 22% | 22% | 21% |
| Other Income | 677 | 1,126 | 871 | 1,069 | 1,230 | 943 | 589 | 927 | 1,067 | 1,358 | 1,495 | 2,485 | 1,797 |
| Interest | 114 | 91 | 74 | 89 | 69 | 174 | 505 | 511 | 319 | 353 | 553 | 644 | 746 |
| Depreciation | 681 | 404 | 410 | 828 | 1,383 | 2,073 | 3,420 | 4,611 | 4,326 | 4,145 | 4,173 | 4,084 | 4,215 |
| Profit before tax | 7,917 | 9,117 | 7,041 | 10,542 | 11,024 | 12,622 | 13,980 | 15,853 | 16,951 | 19,488 | 20,967 | 23,261 | 22,758 |
| Tax % | 18% | 20% | 20% | 18% | 21% | 20% | 21% | 30% | 20% | 24% | 25% | 25% | |
| Net Profit | 6,528 | 7,342 | 5,602 | 8,606 | 8,722 | 10,120 | 11,057 | 11,169 | 13,523 | 14,845 | 15,710 | 17,399 | 16,983 |
| EPS in Rs | 23.25 | 26.02 | 19.86 | 30.16 | 31.32 | 37.31 | 40.75 | 41.07 | 49.74 | 54.73 | 57.86 | 64.08 | 62.56 |
| Dividend Payout % | 11% | 58% | 40% | 40% | 19% | 11% | 25% | 24% | 84% | 88% | 90% | 94% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 1.35% | 16.03% | 9.26% | 1.01% | 21.08% | 9.78% | 5.83% | 10.75% |
| Change in YoY Net Profit Growth (%) | 0.00% | 14.68% | -6.77% | -8.25% | 20.06% | -11.30% | -3.95% | 4.92% |
HCL Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 11% |
| 3 Years: | 11% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 23% |
| 3 Years: | 24% |
| Last Year: | 25% |
Last Updated: September 5, 2025, 5:50 am
Balance Sheet
Last Updated: December 4, 2025, 1:21 am
| Month | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 140 | 281 | 282 | 285 | 278 | 271 | 543 | 543 | 543 | 543 | 543 | 543 | 543 |
| Reserves | 19,410 | 23,943 | 27,109 | 32,664 | 36,108 | 41,095 | 50,724 | 59,370 | 61,371 | 64,862 | 67,720 | 69,112 | 70,706 |
| Borrowings | 1,018 | 648 | 1,090 | 582 | 557 | 4,195 | 7,986 | 6,864 | 6,343 | 4,794 | 5,758 | 6,276 | 6,780 |
| Other Liabilities | 9,412 | 10,372 | 10,859 | 12,231 | 11,046 | 12,788 | 23,566 | 19,270 | 20,664 | 23,051 | 24,985 | 28,549 | 30,544 |
| Total Liabilities | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,006 | 104,480 | 108,573 |
| Fixed Assets | 7,444 | 8,275 | 9,716 | 15,235 | 18,753 | 22,888 | 37,490 | 37,145 | 35,077 | 34,619 | 35,063 | 36,172 | 36,628 |
| CWIP | 531 | 552 | 611 | 448 | 320 | 235 | 400 | 312 | 129 | 40 | 108 | 59 | 106 |
| Investments | 662 | 869 | 698 | 1,306 | 2,660 | 2,305 | 7,066 | 6,862 | 6,351 | 5,495 | 7,137 | 7,564 | 6,265 |
| Other Assets | 21,343 | 25,548 | 28,315 | 28,773 | 26,256 | 32,921 | 37,863 | 41,728 | 47,364 | 53,096 | 56,698 | 60,685 | 65,574 |
| Total Assets | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,006 | 104,480 | 108,573 |
Below is a detailed analysis of the balance sheet data for HCL Technologies Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 543.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 543.00 Cr..
- For Reserves, as of Sep 2025, the value is 70,706.00 Cr.. The value appears strong and on an upward trend. It has increased from 69,112.00 Cr. (Mar 2025) to 70,706.00 Cr., marking an increase of 1,594.00 Cr..
- For Borrowings, as of Sep 2025, the value is 6,780.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 6,276.00 Cr. (Mar 2025) to 6,780.00 Cr., marking an increase of 504.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 30,544.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 28,549.00 Cr. (Mar 2025) to 30,544.00 Cr., marking an increase of 1,995.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 108,573.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 104,480.00 Cr. (Mar 2025) to 108,573.00 Cr., marking an increase of 4,093.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 36,628.00 Cr.. The value appears strong and on an upward trend. It has increased from 36,172.00 Cr. (Mar 2025) to 36,628.00 Cr., marking an increase of 456.00 Cr..
- For CWIP, as of Sep 2025, the value is 106.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Mar 2025) to 106.00 Cr., marking an increase of 47.00 Cr..
- For Investments, as of Sep 2025, the value is 6,265.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,564.00 Cr. (Mar 2025) to 6,265.00 Cr., marking a decrease of 1,299.00 Cr..
- For Other Assets, as of Sep 2025, the value is 65,574.00 Cr.. The value appears strong and on an upward trend. It has increased from 60,685.00 Cr. (Mar 2025) to 65,574.00 Cr., marking an increase of 4,889.00 Cr..
- For Total Assets, as of Sep 2025, the value is 108,573.00 Cr.. The value appears strong and on an upward trend. It has increased from 104,480.00 Cr. (Mar 2025) to 108,573.00 Cr., marking an increase of 4,093.00 Cr..
Notably, the Reserves (70,706.00 Cr.) exceed the Borrowings (6,780.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Jun 2014 | Jun 2015 | Mar 2016n n 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 7.00 | -640.00 | 6.00 | -572.00 | -546.00 | 9.00 | 10.00 | 14.00 | 14.00 | 18.00 | 19.00 | 19.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 85 | 81 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 85 | 81 |
| Working Capital Days | 8 | 25 | 62 | 38 | 58 | 44 | 14 | 48 | 44 | 43 | 31 | 17 |
| ROCE % | 45% | 40% | 28% | 34% | 31% | 31% | 27% | 26% | 25% | 28% | 30% | 32% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 18,138,945 | 2.22 | 2796.12 | 18,706,973 | 2025-12-08 09:03:47 | -3.04% |
| HDFC Flexi Cap Fund | 18,000,000 | 3.05 | 2774.7 | N/A | N/A | N/A |
| HDFC Balanced Advantage Fund | 10,072,008 | 1.46 | 1552.6 | N/A | N/A | N/A |
| HDFC Focused Fund | 7,258,892 | 4.45 | 1118.96 | N/A | N/A | N/A |
| ICICI Prudential Balanced Advantage Fund | 5,389,775 | 1.21 | 830.83 | N/A | N/A | N/A |
| Tata Digital India Fund | 4,983,886 | 6.51 | 768.27 | 4,983,886 | 2025-04-22 17:25:33 | 0% |
| ICICI Prudential Technology Fund | 4,981,290 | 5.03 | 767.87 | 5,965,658 | 2025-12-08 09:03:47 | -16.5% |
| SBI Balanced Advantage Fund | 4,320,701 | 1.72 | 666.04 | N/A | N/A | N/A |
| Aditya Birla Sun Life Flexi Cap Fund | 4,103,703 | 2.59 | 632.59 | 5,791,256 | 2025-12-08 01:35:30 | -29.14% |
| Kotak Flexicap Fund | 3,900,000 | 1.07 | 601.19 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 64.16 | 57.99 | 54.85 | 49.77 | 41.07 |
| Diluted EPS (Rs.) | 64.09 | 57.86 | 54.79 | 49.77 | 41.07 |
| Cash EPS (Rs.) | 79.13 | 73.23 | 69.94 | 65.75 | 58.12 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 256.56 | 251.46 | 240.88 | 228.38 | 221.30 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 256.56 | 251.46 | 240.88 | 228.38 | 221.30 |
| Revenue From Operations / Share (Rs.) | 431.14 | 404.84 | 373.69 | 315.47 | 277.64 |
| PBDIT / Share (Rs.) | 103.09 | 94.63 | 88.35 | 79.55 | 77.26 |
| PBIT / Share (Rs.) | 88.05 | 79.26 | 73.08 | 63.61 | 60.27 |
| PBT / Share (Rs.) | 85.68 | 77.23 | 71.78 | 62.44 | 58.39 |
| Net Profit / Share (Rs.) | 64.08 | 57.86 | 54.68 | 49.81 | 41.14 |
| NP After MI And SOA / Share (Rs.) | 64.05 | 57.83 | 54.70 | 49.72 | 41.05 |
| PBDIT Margin (%) | 23.91 | 23.37 | 23.64 | 25.21 | 27.82 |
| PBIT Margin (%) | 20.42 | 19.57 | 19.55 | 20.16 | 21.70 |
| PBT Margin (%) | 19.87 | 19.07 | 19.20 | 19.79 | 21.03 |
| Net Profit Margin (%) | 14.86 | 14.29 | 14.63 | 15.78 | 14.81 |
| NP After MI And SOA Margin (%) | 14.85 | 14.28 | 14.63 | 15.76 | 14.78 |
| Return on Networth / Equity (%) | 24.96 | 23.00 | 22.70 | 21.80 | 18.60 |
| Return on Capital Employeed (%) | 30.84 | 27.92 | 27.56 | 24.58 | 23.78 |
| Return On Assets (%) | 16.47 | 15.73 | 15.89 | 15.16 | 12.93 |
| Long Term Debt / Equity (X) | 0.00 | 0.03 | 0.03 | 0.06 | 0.06 |
| Total Debt / Equity (X) | 0.03 | 0.03 | 0.03 | 0.06 | 0.06 |
| Asset Turnover Ratio (%) | 1.14 | 1.14 | 0.64 | 0.58 | 0.51 |
| Current Ratio (X) | 2.21 | 2.61 | 2.50 | 2.56 | 2.48 |
| Quick Ratio (X) | 2.21 | 2.60 | 2.49 | 2.55 | 2.47 |
| Inventory Turnover Ratio (X) | 736.19 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 93.46 | 89.67 | 87.50 | 84.38 | 29.22 |
| Dividend Payout Ratio (CP) (%) | 75.69 | 70.84 | 68.40 | 63.90 | 20.67 |
| Earning Retention Ratio (%) | 6.54 | 10.33 | 12.50 | 15.62 | 70.78 |
| Cash Earning Retention Ratio (%) | 24.31 | 29.16 | 31.60 | 36.10 | 79.33 |
| Interest Coverage Ratio (X) | 43.46 | 46.46 | 67.95 | 67.70 | 41.05 |
| Interest Coverage Ratio (Post Tax) (X) | 28.02 | 29.41 | 43.05 | 43.39 | 22.86 |
| Enterprise Value (Cr.) | 412962.93 | 401190.95 | 282423.30 | 307290.53 | 262115.68 |
| EV / Net Operating Revenue (X) | 3.53 | 3.65 | 2.78 | 3.59 | 3.48 |
| EV / EBITDA (X) | 14.75 | 15.61 | 11.77 | 14.23 | 12.50 |
| MarketCap / Net Operating Revenue (X) | 3.69 | 3.81 | 2.91 | 3.69 | 3.54 |
| Retention Ratios (%) | 6.53 | 10.32 | 12.49 | 15.61 | 70.77 |
| Price / BV (X) | 6.20 | 6.14 | 4.51 | 5.10 | 4.46 |
| Price / Net Operating Revenue (X) | 3.69 | 3.81 | 2.91 | 3.69 | 3.54 |
| EarningsYield | 0.04 | 0.03 | 0.05 | 0.04 | 0.04 |
After reviewing the key financial ratios for HCL Technologies Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 64.16. This value is within the healthy range. It has increased from 57.99 (Mar 24) to 64.16, marking an increase of 6.17.
- For Diluted EPS (Rs.), as of Mar 25, the value is 64.09. This value is within the healthy range. It has increased from 57.86 (Mar 24) to 64.09, marking an increase of 6.23.
- For Cash EPS (Rs.), as of Mar 25, the value is 79.13. This value is within the healthy range. It has increased from 73.23 (Mar 24) to 79.13, marking an increase of 5.90.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 256.56. It has increased from 251.46 (Mar 24) to 256.56, marking an increase of 5.10.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 256.56. It has increased from 251.46 (Mar 24) to 256.56, marking an increase of 5.10.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 431.14. It has increased from 404.84 (Mar 24) to 431.14, marking an increase of 26.30.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 103.09. This value is within the healthy range. It has increased from 94.63 (Mar 24) to 103.09, marking an increase of 8.46.
- For PBIT / Share (Rs.), as of Mar 25, the value is 88.05. This value is within the healthy range. It has increased from 79.26 (Mar 24) to 88.05, marking an increase of 8.79.
- For PBT / Share (Rs.), as of Mar 25, the value is 85.68. This value is within the healthy range. It has increased from 77.23 (Mar 24) to 85.68, marking an increase of 8.45.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 64.08. This value is within the healthy range. It has increased from 57.86 (Mar 24) to 64.08, marking an increase of 6.22.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 64.05. This value is within the healthy range. It has increased from 57.83 (Mar 24) to 64.05, marking an increase of 6.22.
- For PBDIT Margin (%), as of Mar 25, the value is 23.91. This value is within the healthy range. It has increased from 23.37 (Mar 24) to 23.91, marking an increase of 0.54.
- For PBIT Margin (%), as of Mar 25, the value is 20.42. This value exceeds the healthy maximum of 20. It has increased from 19.57 (Mar 24) to 20.42, marking an increase of 0.85.
- For PBT Margin (%), as of Mar 25, the value is 19.87. This value is within the healthy range. It has increased from 19.07 (Mar 24) to 19.87, marking an increase of 0.80.
- For Net Profit Margin (%), as of Mar 25, the value is 14.86. This value exceeds the healthy maximum of 10. It has increased from 14.29 (Mar 24) to 14.86, marking an increase of 0.57.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 14.85. This value is within the healthy range. It has increased from 14.28 (Mar 24) to 14.85, marking an increase of 0.57.
- For Return on Networth / Equity (%), as of Mar 25, the value is 24.96. This value is within the healthy range. It has increased from 23.00 (Mar 24) to 24.96, marking an increase of 1.96.
- For Return on Capital Employeed (%), as of Mar 25, the value is 30.84. This value is within the healthy range. It has increased from 27.92 (Mar 24) to 30.84, marking an increase of 2.92.
- For Return On Assets (%), as of Mar 25, the value is 16.47. This value is within the healthy range. It has increased from 15.73 (Mar 24) to 16.47, marking an increase of 0.74.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.03 (Mar 24) to 0.00, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.14. There is no change compared to the previous period (Mar 24) which recorded 1.14.
- For Current Ratio (X), as of Mar 25, the value is 2.21. This value is within the healthy range. It has decreased from 2.61 (Mar 24) to 2.21, marking a decrease of 0.40.
- For Quick Ratio (X), as of Mar 25, the value is 2.21. This value exceeds the healthy maximum of 2. It has decreased from 2.60 (Mar 24) to 2.21, marking a decrease of 0.39.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 736.19. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 736.19, marking an increase of 736.19.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 93.46. This value exceeds the healthy maximum of 50. It has increased from 89.67 (Mar 24) to 93.46, marking an increase of 3.79.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 75.69. This value exceeds the healthy maximum of 50. It has increased from 70.84 (Mar 24) to 75.69, marking an increase of 4.85.
- For Earning Retention Ratio (%), as of Mar 25, the value is 6.54. This value is below the healthy minimum of 40. It has decreased from 10.33 (Mar 24) to 6.54, marking a decrease of 3.79.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 24.31. This value is below the healthy minimum of 40. It has decreased from 29.16 (Mar 24) to 24.31, marking a decrease of 4.85.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 43.46. This value is within the healthy range. It has decreased from 46.46 (Mar 24) to 43.46, marking a decrease of 3.00.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 28.02. This value is within the healthy range. It has decreased from 29.41 (Mar 24) to 28.02, marking a decrease of 1.39.
- For Enterprise Value (Cr.), as of Mar 25, the value is 412,962.93. It has increased from 401,190.95 (Mar 24) to 412,962.93, marking an increase of 11,771.98.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.53. This value exceeds the healthy maximum of 3. It has decreased from 3.65 (Mar 24) to 3.53, marking a decrease of 0.12.
- For EV / EBITDA (X), as of Mar 25, the value is 14.75. This value is within the healthy range. It has decreased from 15.61 (Mar 24) to 14.75, marking a decrease of 0.86.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.69. This value exceeds the healthy maximum of 3. It has decreased from 3.81 (Mar 24) to 3.69, marking a decrease of 0.12.
- For Retention Ratios (%), as of Mar 25, the value is 6.53. This value is below the healthy minimum of 30. It has decreased from 10.32 (Mar 24) to 6.53, marking a decrease of 3.79.
- For Price / BV (X), as of Mar 25, the value is 6.20. This value exceeds the healthy maximum of 3. It has increased from 6.14 (Mar 24) to 6.20, marking an increase of 0.06.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.69. This value exceeds the healthy maximum of 3. It has decreased from 3.81 (Mar 24) to 3.69, marking a decrease of 0.12.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in HCL Technologies Ltd:
- Net Profit Margin: 14.86%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 30.84% (Industry Average ROCE: 14.89%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 24.96% (Industry Average ROE: 20.93%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 28.02
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.21
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 26.8 (Industry average Stock P/E: 86.5)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 14.86%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | 806, Siddharth, New Delhi Delhi 110019 | investors@hcl.com http://www.hcltech.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Shiv Nadar | Chairman Emeritus |
| Ms. Roshni Nadar Malhotra | Non Exe. Non Ind Chairperson |
| Mr. C Vijayakumar | Managing Director & CEO |
| Mr. Shikhar Malhotra | Non Exe.Non Ind.Director |
| Mr. Thomas Sieber | Ind. Non-Executive Director |
| Ms. Nishi Vasudeva | Ind. Non-Executive Director |
| Mr. Deepak Kapoor | Ind. Non-Executive Director |
| Mr. Simon John England | Ind. Non-Executive Director |
| Ms. Vanitha Narayanan | Ind. Non-Executive Director |
| Ms. Lee Fang Chew | Ind. Non-Executive Director |
| Ms. Bhavani Balasubramanian | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of HCL Technologies Ltd?
HCL Technologies Ltd's intrinsic value (as of 13 December 2025) is 1455.21 which is 13.02% lower the current market price of 1,673.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 4,54,050 Cr. market cap, FY2025-2026 high/low of 2,012/1,303, reserves of ₹70,706 Cr, and liabilities of 108,573 Cr.
What is the Market Cap of HCL Technologies Ltd?
The Market Cap of HCL Technologies Ltd is 4,54,050 Cr..
What is the current Stock Price of HCL Technologies Ltd as on 13 December 2025?
The current stock price of HCL Technologies Ltd as on 13 December 2025 is 1,673.
What is the High / Low of HCL Technologies Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of HCL Technologies Ltd stocks is 2,012/1,303.
What is the Stock P/E of HCL Technologies Ltd?
The Stock P/E of HCL Technologies Ltd is 26.8.
What is the Book Value of HCL Technologies Ltd?
The Book Value of HCL Technologies Ltd is 263.
What is the Dividend Yield of HCL Technologies Ltd?
The Dividend Yield of HCL Technologies Ltd is 3.23 %.
What is the ROCE of HCL Technologies Ltd?
The ROCE of HCL Technologies Ltd is 31.6 %.
What is the ROE of HCL Technologies Ltd?
The ROE of HCL Technologies Ltd is 25.0 %.
What is the Face Value of HCL Technologies Ltd?
The Face Value of HCL Technologies Ltd is 2.00.