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HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues. Since its inception into the global landscape after its IPO in 1999, HCL Tech has focused on transformational outsourcing, and offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. The company leverages its extensive global offshore infrastructure and network of offices in 46 countries to provide multi-service delivery in key industry verticals.
Fastest Growing IT CompanyThe company has emerged as the fastest-growing IT services brand with a ~16% YoY growth in brand value among the top 10 IT companies globally, as per the 2024 Brand Finance Global 500 and IT Services Top 25 Report. It is India’s3rd largest IT services companyin annual revenue terms.[1][2]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 3184.15 | 22.92 | 1152053.33 | 1.87 | 12131.00 | 8.54 | 65799.00 | 2.40 | 64.63 | 257688.00 | 26.72 | 50289.69 | 12925.69 | 10.90 | 32.07 | 0.10 |
| 2. | Infosys | 1572.55 | 23.28 | 653335.50 | 2.70 | 7375.00 | 13.19 | 44490.00 | 8.55 | 37.50 | 169458.00 | 23.88 | 28124.00 | 7364.00 | 6.36 | 18.62 | 0.08 |
| 3. | HCL Technologies | 1640.80 | 36.80 | 445258.23 | 3.32 | 2657.00 | -17.38 | 13829.00 | 9.62 | 43.08 | 53608.00 | 33.21 | 12116.00 | 2657.00 | 14.33 | 23.15 | 0.03 |
| 4. | Wipro | 255.15 | 19.78 | 267544.04 | 2.36 | 3262.40 | 1.17 | 22697.30 | 1.77 | 19.51 | 89654.90 | 19.82 | 13500.00 | 3246.20 | 3.14 | 10.82 | 0.19 |
| 5. | LTIMindtree | 6164.40 | 37.56 | 182767.86 | 1.05 | 1381.20 | 12.00 | 10394.30 | 10.19 | 27.63 | 39667.50 | 17.06 | 4869.10 | 1401.10 | 7.85 | 15.83 | 0.10 |
| 6. | Tech Mahindra | 1546.85 | 33.86 | 151538.81 | 2.91 | 1201.70 | -4.45 | 13994.90 | 5.12 | 18.56 | 54015.70 | 14.34 | 4485.00 | 1194.50 | 5.49 | 9.04 | 0.07 |
| 7. | Persistent Systems | 6328.75 | 59.88 | 99836.04 | 0.55 | 471.47 | 45.07 | 3580.72 | 23.59 | 30.44 | 13218.70 | 18.28 | 1665.16 | 471.47 | 13.86 | 16.84 | 0.06 |
| – | Median: 69 Co. | 328.0 | 25.48 | 754.3 | 0.35 | 12.02 | 15.34 | 74.51 | 13.09 | 20.34 | 211.79 | 19.82 | 30.36 | 11.53 | 3.82 | 11.97 | 0.07 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 11,424 | 12,398 | 11,637 | 11,451 | 12,059 | 12,531 | 12,077 | 11,784 | 12,615 | 13,274 | 13,432 | 13,073 | 13,829 |
Expenses | 7,471 | 7,842 | 7,670 | 7,769 | 7,745 | 7,694 | 8,034 | 8,086 | 7,994 | 8,287 | 9,022 | 8,900 | 9,597 |
Operating Profit | 3,953 | 4,556 | 3,967 | 3,682 | 4,314 | 4,837 | 4,043 | 3,698 | 4,621 | 4,987 | 4,410 | 4,173 | 4,232 |
Other Income | 184 | 288 | 225 | 262 | 252 | 261 | 301 | 321 | 284 | 344 | 285 | 344 | 325 |
Profit before tax | 3,544 | 4,125 | 3,559 | 3,409 | 3,950 | 4,391 | 3,706 | 3,401 | 4,316 | 4,680 | 4,077 | 3,873 | 3,919 |
Tax % | 23% | 23% | 20% | 24% | 25% | 24% | 25% | 27% | 25% | 25% | 25% | 25% | 32% |
Net Profit | 2,741 | 3,196 | 2,844 | 2,596 | 2,966 | 3,349 | 2,763 | 2,479 | 3,216 | 3,526 | 3,045 | 2,888 | 2,657 |
EPS in Rs | 10.10 | 11.78 | 10.48 | 9.57 | 10.93 | 12.34 | 10.18 | 9.14 | 11.85 | 12.99 | 11.22 | 10.64 | 9.79 |
Standalone Figures in ₹ Crores / Yearly
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 16,497 | 17,153 | 13,435 | 19,318 | 22,073 | 26,012 | 32,666 | 35,673 | 40,638 | 46,276 | 48,118 | 51,105 | 53,608 |
Expenses | 9,186 | 10,294 | 8,299 | 11,465 | 12,734 | 15,594 | 19,902 | 21,238 | 25,526 | 30,033 | 31,242 | 33,389 | 35,806 |
Operating Profit | 7,311 | 6,860 | 5,136 | 7,853 | 9,339 | 10,418 | 12,764 | 14,435 | 15,112 | 16,243 | 16,876 | 17,716 | 17,802 |
Other Income | 659 | 1,200 | 968 | 956 | 702 | 805 | 613 | 965 | 880 | 1,031 | 1,076 | 1,234 | 1,298 |
Interest | 82 | 61 | 46 | 55 | 23 | 16 | 240 | 177 | 109 | 127 | 125 | 156 | 230 |
Depreciation | 491 | 300 | 277 | 478 | 893 | 1,276 | 1,959 | 2,813 | 2,615 | 2,431 | 2,371 | 2,320 | 2,321 |
Profit before tax | 7,398 | 7,699 | 5,782 | 8,276 | 9,125 | 9,931 | 11,178 | 12,410 | 13,268 | 14,716 | 15,456 | 16,474 | 16,549 |
Net Profit | 5,985 | 6,346 | 4,719 | 6,873 | 7,362 | 8,185 | 8,969 | 8,743 | 10,874 | 11,459 | 11,674 | 12,266 | 12,116 |
EPS in Rs | 21.37 | 22.57 | 16.73 | 24.09 | 26.44 | 30.17 | 33.05 | 32.22 | 40.07 | 42.23 | 43.02 | 45.20 | 44.64 |
Dividend Payout % | 12% | 66% | 48% | 50% | 23% | 13% | 30% | 31% | 105% | 114% | 121% | 133% | – |
Standalone figures in ₹ crores
| 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 | 15,613 | 19,125 | 21,214 | 25,688 | 27,285 | 30,168 | 37,003 | 43,010 | 42,048 | 40,561 | 38,927 | 34,397 | 30,632 |
Borrowings | 569 | 41 | 42 | 45 | 48 | 50 | 1,018 | 943 | 880 | 799 | 914 | 1,041 | 982 |
Other Liabilities | 5,493 | 5,469 | 5,050 | 6,353 | 5,207 | 6,967 | 15,274 | 10,865 | 9,952 | 11,457 | 11,923 | 16,522 | 14,411 |
Total Liabilities | 21,814 | 24,915 | 26,588 | 32,371 | 32,818 | 37,456 | 53,838 | 55,361 | 53,423 | 53,360 | 52,307 | 52,503 | 46,568 |
Fixed Assets | 2,449 | 3,064 | 2,816 | 7,989 | 10,428 | 11,235 | 22,643 | 20,905 | 19,524 | 17,935 | 16,333 | 16,218 | 15,561 |
Gross Block | 4,921 | 5,687 | 5,585 | 11,282 | 14,625 | 16,500 | 28,973 | 29,042 | 29,908 | 30,354 | 30,715 | 32,493 | – |
Accumulated Depreciation | 2,472 | 2,622 | 2,769 | 3,293 | 4,197 | 5,265 | 6,330 | 8,137 | 10,384 | 12,419 | 14,382 | 16,275 | – |
CWIP | 518 | 544 | 582 | 411 | 298 | 212 | 311 | 245 | 79 | 21 | 22 | 29 | 53 |
Investments | 4,116 | 4,125 | 3,974 | 4,724 | 6,198 | 5,810 | 11,039 | 11,646 | 11,096 | 10,159 | 11,841 | 12,317 | 10,795 |
Other Assets | 14,731 | 17,182 | 19,215 | 19,247 | 15,894 | 20,199 | 19,845 | 22,565 | 22,724 | 25,245 | 24,111 | 23,939 | 20,159 |
Total Assets | 21,814 | 24,915 | 26,588 | 32,371 | 32,818 | 37,456 | 53,838 | 55,361 | 53,423 | 53,360 | 52,307 | 52,503 | 46,568 |
Standalone Figures in ₹ Crores / Yearly
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 6,147 | 5,336 | 3,154 | 6,995 | 6,339 | 8,676 | 9,911 | 15,765 | 10,591 | 13,538 | 15,282 | 15,991 |
Cash from Investing Activity | -4,665 | -1,783 | -763 | -2,656 | -934 | 972 | -11,148 | -4,534 | 2,215 | -804 | -2,339 | 1,017 |
Cash from Financing Activity | -1,398 | -3,360 | -2,699 | -4,112 | -5,547 | -5,335 | -1,997 | -9,649 | -12,775 | -13,267 | -14,480 | -17,253 |
Net Cash Flow | 85 | 192 | -308 | 227 | -142 | 4,313 | -3,234 | 1,582 | 31 | -533 | -1,537 | -245 |
Standalone Figures in ₹ Crores / Yearly
| 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 | 71 | 76 | 111 | 83 | 90 | 88 | 84 | 53 | 100 | 102 | 92 | 105 |
Inventory Days | – | – | – | – | – | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | 71 | 76 | 111 | 83 | 90 | 88 | 84 | 53 | 100 | 102 | 92 | 105 |
Working Capital Days | 4 | 37 | 108 | 63 | 104 | 57 | 19 | 62 | 62 | 52 | 35 | 23 |
ROCE % | 54% | 43% | 30% | 35% | 34% | 34% | 33% | 30% | 30% | 34% | 38% | 43% |
Direct from BSE filings, auto-summarised
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