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NSE:HCLTECH

HCL TECHNOLOGIES LTD

Information Technology › IT - Software·NIFTY 100NIFTY 200NIFTY 50NIFTY 500+6
₹1,393.30
at close · 28 Oct 2026
▼ 26.70 (-1.88%)
ThemesArtificial Intelligence· growingDefence· mention

Latest filings

  1. HCLTech launches AI-powered nano delivery hubs on AWS · Business Updates
  2. HCL completes acquisition of 100% stake in Robotiq.ai · Strategic Transactions
  3. HCLTech expands Climate Action Grant to 24 countries · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Delivers IT and business services, engineering and R&D services, and proprietary software products to enterprise clients globally. The IT and Business Services segment reported ₹96,095 cr in FY26, the Engineering and R&D Services segment reported ₹22,063 cr, and the HCL Software segment reported ₹12,397 cr. Total FY26 revenue stood at ₹130,144 cr, up 11.18% YoY, with net profit of ₹16,652 cr. The largest cost is people — employee cost of ₹74,143 cr was 57% of FY26 revenue — followed by other operating expenses of ₹26,640 cr (20.5%) and depreciation of ₹4,355 cr (3.3%). Q1 FY27 saw Advanced AI revenue grow 62% YoY to $171 million, AI Force deployed across 92 client accounts, and record Q1 net new TCV bookings of $2.4 billion. The board approved a new AI datacenter business with up to ₹3,500 crore initial investment and a long-term 50MW capacity plan, including a ₹14,257 crore AI Data Center announced in Bhubaneswar.

Operating scale
Employees
223,000+ across 60 countriesas of mid-2026
Q1 FY27 net new TCV bookings
$2.4 billionQ1 FY27
Advanced AI revenue
$171 million (+62.1% YoY)Q1 FY27
AI Force deployments
92 client accountsQ1 FY27
AI datacenter initial investment
Up to ₹3,500 crore; 50MW long-term planannounced July 2026
Bhubaneswar AI Data Center capital outlay
₹14,257 croreannounced July 2026
Who pays it
Global enterprise clients across IT, telecom, financial services, retail, healthcare and government
Biggest cost
Employee cost at ₹74,143 cr (57% of FY26 revenue)
Kind of business
Asset-light, people-driven IT services with growing AI and data-center build-out
Where it sits
Among the top Indian IT services exporters; ranked a Customers' Choice in 2026 Gartner Peer Insights for Outsourced Digital Workplace Services and a Leader for the fifth straight year
Market Cap
₹3.78 L Cr
P / E (TTM)
21.6×
EV / EBITDA
13.2×
Div Yield
3.86%
Growth
11.5%▲
Revenue 5y CAGR
PAT +8.3% · EBITDA +5.4%
Quality
27.6%▲
ROCE (5y median)
ROE 22.7% (5y median) · margin 21.0%
Leverage
0.00·
Debt / Equity · low
Net cash ₹8,106 Cr
Revenue FY21→FY26
1.7×▲
Margin −2.0 pts
₹75,379 Cr → ₹1.30 L Cr
Cash conversion
1.27×▲
Operating cash ÷ profit · 5 yrs
₹99,593 Cr on ₹78,129 Cr
Moves on a normal day
0.92%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 78 Computers - Software & Consulting peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#38/65
P/B#47/65
ROCE#7/76
ROE#7/64
Debt / Equity#25/65
EBITDA margin#24/65
Revenue growth#27/63
Profit growth#19/62

Scorecard

Measured from the filed financials, judged against its Computers - Software & Consulting peers · as of FY26 — not investment advice

Strengths
Returns on capital 27.6% (5-year median)
#7 of 76 in Computers - Software & Consulting on the latest reported figures · up from 23.8% in FY21
Debt at 0.00× equity
lower than 63% of its 65 Computers - Software & Consulting peers
Over 5 years it reported ₹78,129 Cr of profit and ₹99,593 Cr of operating cash — 1.27×
Profit is converting into cash
Pays out 88% of profit as dividend
Concerns
Customers are taking longer to pay — 66 → 88 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

HCLTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from HCL TECHNOLOGIES LTD's filed financials and exchange disclosures

What does HCL TECHNOLOGIES LTD do?

HCL TECHNOLOGIES LTD is a IT - Software company listed on NSE and BSE, trading under the symbol HCLTECH.

Is HCL TECHNOLOGIES LTD profitable?

Yes. Over the trailing twelve months HCL TECHNOLOGIES LTD reported a net profit of ₹17,434 Cr on revenue of ₹1.34 L Cr.

Does HCL TECHNOLOGIES LTD pay a dividend?

Yes. The dividend yield is 3.86% at the current price. It paid out 88% of its profit as dividend in FY26.

Is HCL TECHNOLOGIES LTD debt-free?

On a net basis, yes. It reported borrowings of ₹159 Cr on its 31 Mar 2026 balance sheet, but holds ₹8,106 Cr more cash than debt.

Is HCL TECHNOLOGIES LTD expensive compared with its peers?

On trailing P/E, HCL TECHNOLOGIES LTD ranks 38 of 65 in Computers - Software & Consulting — cheaper than 42% of them, against an industry median of 15.0×. This is a position, not a valuation judgement.

How much does the HCL TECHNOLOGIES LTD share price move in a day?

On a typical session HCL TECHNOLOGIES LTD moves 0.92% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track HCL TECHNOLOGIES LTD's announcements?

Every NSE and BSE filing by HCL TECHNOLOGIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.