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Hexaware Technologies Ltd

₹ 737-2.21%
05 Jan – close price
🔗hexaware.com•BSE: 544362•NSE: HEXT
Market Cap₹ 45,059 Cr.
Current Price₹ 737
High / Low₹ 900
Stock P/E43.5
Book Value₹ 55.8
Dividend Yield1.56 %
ROCE32.3 %
ROE25.7 %
Face Value₹ 1.00
Sales₹ 7,216 Cr.
OPM18.4 %
Mar Cap₹ 45,059 Cr.

ABOUT

Incoprorated in 1992, Hexaware Technologies Ltd provides AI based digital & technology solutions[1]

KEY POINTS

Business Overview:[1]HTL is a global digital and technology services company with artificial intelligence at its core. It uses technology to deliver AI based solutions through its suite of platforms and tools

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsRevenue Guidance Vs ActualsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket 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 valueReturn on assets (%)Debt to equity
1.TCS3216.1023.141163613.131.8712131.008.5465799.002.4064.63257688.0026.7250289.6912925.6910.9332.070.10
2.Infosys1606.4023.16651341.852.687375.0013.1944490.008.5537.50169458.0023.8828124.007364.006.4618.620.08
3.HCL Technologies1607.6025.70436248.803.364236.000.0031942.0010.6731.61122427.0021.1716976.004235.006.1216.950.10
4.Wipro263.3020.45276117.802.283262.401.1722697.301.7719.5189654.9019.8213500.003246.203.2310.820.19
5.LTIMindtree6059.0036.89179642.831.071381.2012.0010394.3010.1927.6339667.5017.064869.101401.107.6715.830.10
6.Tech Mahindra1596.9034.88156451.702.821201.70-4.4513994.905.1218.5654015.7014.344485.001194.505.699.040.07
7.Persistent Systems6204.0058.7797868.100.56471.4745.073580.7223.5930.4413218.7018.281665.16471.4713.5816.840.06
8.Hexaware Tech.737.4543.5445059.371.56270.6037.851947.3017.2632.277215.8018.411034.80270.6013.2116.160.11
–Median: 72 Co.274.925.74682.430.249.7216.3269.0915.7120.49176.3718.6229.599.723.7911.820.08

Quarterly Results

Standalone figures in ₹ crores

Dec 2019Dec 2023Dec 2024Jun 2020Jun 2024Jun 2025Mar 2020Mar 2024Mar 2025Sep 2019Sep 2020Sep 2024Sep 2025
Sales
5731,2871,6875761,5731,8185691,3681,7645566461,6611,947
Expenses
4051,1161,3734041,2951,5604221,0891,4023904731,3571,552
Operating Profit
168171314172278258147279362166173304395
Other Income
10178-21617233132232128
Profit before tax
159146267132255378147254311173139260351
Tax %
17%23%26%18%26%13%19%20%23%18%19%24%23%
Net Profit
132113197108188328120203239143113196271
EPS in Rs
4.423.773.243.633.105.394.016.753.944.783.753.234.44

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024TTM
Sales
1,0201,1551,2941,3931,5241,7942,1412,4283,2174,1014,9856,2897,216
Expenses
6117928559361,0341,2461,5061,7452,4153,2583,9465,1115,887
Operating Profit
4093634394574905486356838028441,0391,1781,328
Other Income
3359103257543691681683449190
Interest
1101111292328265466
Depreciation
31394142494961113120125135137145
Profit before tax
4103824084464975526096317268599131,0361,307
Net Profit
3343183333514114535085385876907277841,035
EPS in Rs
11.1410.5811.0411.6413.8515.2317.0117.9219.5622.9724.2112.9017.01
Dividend Payout %
100%89%78%47%29%56%50%20%41%96%73%68%–

Compounded Profit Growth

10 Years:9%
5 Years:9%
3 Years:10%
TTM:48%

Compounded Sales Growth

10 Years:18%
5 Years:24%
3 Years:25%
TTM:23%

Return on Equity

10 Years:26%
5 Years:25%
3 Years:26%
Last Year:26%

Stock Price CAGR

10 Years:12%
5 Years:9%
3 Years:%
1 Year:%

Balance Sheet

Standalone figures in ₹ crores

Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Jun 2025
Equity Capital
60606060595960606060616161
Reserves
8299771,0501,2841,4821,6781,8922,2482,6152,6102,8113,0913,338
Borrowings
000000002380240404391
Other Liabilities
5774033893132002623087526539721,0551,8421,846
Total Liabilities
1,4651,4401,4991,6581,7421,9992,2593,0603,5663,6434,1665,3975,636
Fixed Assets
302310301268350378582880831835763878856
Gross Block
468.40543.99570.03573.77695.70768.441,027.991,427.071,462.101,582.701,615.001,825.60–
Accumulated Depreciation
166.51233.66268.99305.75346.13390.93445.92547.19631.30747.70851.70947.60–
CWIP
2135111324257225871113756129160
Investments
5343792432192222002302315775219001,6391,597
Other Assets
6087178448479131,1971,3601,9382,1452,2802,4462,7513,024
Total Assets
1,4651,4401,4991,6581,7421,9992,2593,0603,5663,6434,1665,3975,636

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operating Activity
2693232885352503393657109955801,256918
Cash from Investing Activity
-10617627-189-89-45-1251-3920-413-413
Cash from Financing Activity
-125-536-314-249-280-250-305-250-325-716-614-627
Net Cash Flow
37-37097-11844-65460278-136229-122

Ratios

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Debtor Days
8510811272991091121271051078377
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
8510811272991091121271051078377
Working Capital Days
-75214933941071221035961213
ROCE %
44%40%38%36%34%34%33%31%29%32%32%32%

Shareholding Pattern

Numbers in percentages

Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2025Jun 2025Sep 2025
Promoters
62.79%62.66%62.59%62.52%62.45%62.44%62.44%62.34%91.16%74.71%74.57%74.55%
FIIs
19.57%17.17%16.06%16.76%17.85%16.97%16.82%14.03%2.94%10.59%9.76%8.31%
DIIs
8.25%10.94%12.35%11.88%11.58%12.41%12.86%13.12%0.00%9.06%9.87%11.13%
Public
9.38%9.23%9.01%8.84%8.12%8.17%7.88%10.51%5.90%5.65%5.61%5.99%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Hexaware Technologies Board Approves AGM Date, Announces Director Succession and Committee Reconstitution

3rd April 2026, 4:14 am

Hexaware Technologies fined ₹11.64 lakh by RBI for delayed filing

31st March 2026, 8:35 pm

Hexaware Technologies: Trading Window to Close from April 1 for Q4 Results

30th March 2026, 11:54 pm

Hexaware Launches 'Agentverse™' AI Platform with 600+ Agents

17th March 2026, 10:23 pm

Hexaware Technologies Makes Top 10% in S&P Global Sustainability Yearbook 2026

10th March 2026, 4:30 pm

Published by Other Websites

External media mentions & references

2025 IPOs Crash: Most Listings Now Trade Below Offer Price

25th March 2026, 6:50 am

Hexaware Technologies Surges 5% on Launch of New AI Platform

18th March 2026, 10:55 am

Pre-Open Surge: Mphasis, JP Power, Hexaware Lead Demand Amidst Market Gains

18th March 2026, 9:25 am

Tata Steel Merger, SBI Bonds, Varun Beverages Deal: 17 Stocks to Watch

18th March 2026, 8:04 am

Stocks in Focus: Varun Beverages Acquisition, Pharma FDA Woes, Tata Steel Merger

18th March 2026, 7:33 am

News Articles

Editorial & research coverage

Indian IT Stocks Tumble Amid AI Disruption Fears
Indian IT Stocks Tumble Amid AI Disruption Fears

13th February 2026, 12:52 pm

AI Fears Trigger IT Sell-off; Valuations Near Historic Lows
AI Fears Trigger IT Sell-off; Valuations Near Historic Lows

13th February 2026, 12:21 pm

IT Stocks Plunge: AI Disruption Triggers Valuation Reset
IT Stocks Plunge: AI Disruption Triggers Valuation Reset

13th February 2026, 10:25 am

AI Fears Spark IT Stock Sell-Off; Sector Faces Adaptation Test
AI Fears Spark IT Stock Sell-Off; Sector Faces Adaptation Test

6th February 2026, 12:34 pm

Hexaware Tech Stock Plummets 20% Post-Earnings as Margins Squeeze
Hexaware Tech Stock Plummets 20% Post-Earnings as Margins Squeeze

6th February 2026, 11:02 am

Documents

Announcements

Approval Of Merger Of Subsidiaries

31 Dec - NJ approval to merge two Mobiquity subsidiaries into Hexaware Technologies Inc effective Jan 1, 2026; Mobiquity revenue $40,087,700.

Closure of Trading Window
Update On Disclosure Of Material Event Under Regulation 30 Read With Para A Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015 (LODR Regulations)

20 Dec - Hexaware files complaint in SDNY on Dec 20, 2025 after failed mediation; earlier disclosures Oct 24 and Nov 11.

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

18 Dec - Board approved merger of Softcrylic and Mobiquity into Hexaware; no cash consideration; committee reconstituted; turnovers: ₹38.35Cr, ₹114.98Cr.

Reconstitution Of Nomination Ana Remuneration Committee.

18 Dec - 18 Dec 2025: Board approved merger of two wholly‑owned subsidiaries (turnovers Rs.38.35Cr, Rs.114.98Cr); committee reconstituted.

Annual Reports

Financial Year 2024

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

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Financial Year 2013

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Financial Year 2012

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Financial Year 2012

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Financial Year 2011

(from bse)

Financial Year 2010

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Financial Year 2010

(from nse)

Credit Ratings

No credit ratings.

Concalls

Nov 2025

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Stock Analysis

Description

  1. Hexaware Technologies Limited is a global digital and technology services company with artificial intelligence at its core, delivering AI-based solutions through its suite of platforms and tools.

Key Growth Triggers

  1. Focus on AI-led digital and technology solutions.
  2. Strategic acquisitions such as CyberSolve to enhance cybersecurity offerings.
  3. Expansion of global delivery footprint, including a new center in Cairo, Egypt.
  4. Continued engagement with the investment community to communicate performance and strategy.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Ongoing patent lawsuit in the United States filed by Natsoft Corporation and Updraft LLC.
  2. A dispute with a client in the US, where mediation failed and legal action is being considered.

Key Dates To Watch

  1. February 05, 2026: Q4 CY 2025 earnings video conference call for investors and analysts.

Corporate Announcements

2nd Apr 26
Impact Rating: 6
Hexaware Technologies' Board approved the 33rd AGM for May 5, 2026. Mr. Milind Sarwate's tenure ends April 24, with Mr. Alok Chandra Misra appointed successor, and committee reconstitutions effective April 25, 2026.
31st Mar 26
Impact Rating: 3
Hexaware Technologies received a compounding order from the RBI, imposing a penalty of ₹11.64 lakh (₹1.16 cr) for delayed filing of Form FC TRS related to 2021 share transfers. The company expects no material impact.
30th Mar 26
Impact Rating: 6
In compliance with SEBI regulations, Hexaware Technologies will shut its trading window for insiders starting April 1, 2026. This closure will last for 48 hours after the financial results for the quarter ended March 31, 2026, are released.
17th Mar 26
Impact Rating: 6
Hexaware Technologies has launched Agentverse™, an enterprise AI platform designed to operationalize agentic AI. The platform features over 600 ready-to-deploy agents and aims to bridge the gap from AI pilots to production.
10th Mar 26
Impact Rating: 7
Hexaware Technologies secured a place in the S&P Global Sustainability Yearbook 2026. Scoring 83 out of 100, the company was recognized among the top 10% of its industry peers.