HCL Technologies financials

·TechnologyChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹35,620cr+11.5% on Q2 FY26
Net profit
₹5,132cr+21.2% on Q2 FY26
EBITDA margin
21.0%+0.5 pts on Q2 FY26
EPS
₹18.96+21.3% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue35,62031,942+11.5%
EBITDA7,4776,545+14.2%
EBITDA margin21.0%20.5%+0.5 pts
Profit before tax6,5055,702+14.1%
Net profit5,1324,236+21.2%
EPS₹18.96₹15.63+21.3%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹35,620 crNet profit₹5,132 crNet margin14.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,80,236————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
12,99315,22515,71816,49914,450
34.032.018.08.0−7.0
1591592,2912,3272,251
3,67,436————
1,38,0521,30,1441,17,0551,09,9131,01,456
—+11.2%+6.5%+8.3%—
28,47126,75225,50424,19822,628
20.6%20.6%21.8%22.0%22.3%
24,20122,39721,42020,02518,483
18,33016,65217,39915,71014,845
13.3%12.8%14.9%14.3%14.6%
₹67.48₹61.30₹64.05₹57.86₹54.70
—−4.3%+10.7%+5.8%—
—19,97522,26122,44818,009
—−1,422−1,108−1,048−1,661
18,55318,55321,15321,40016,348
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

HCLTECH₹1,400.50

HCL Technologies Ltd.

· Technology
₹ CrorePeersTCSINFYWIPROTECHMLTMPERSISTENTCOFORGEMPHASISMcap ₹3.80L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,80,235.8
- Cash, Equiv & ST Investments14,450.016,499.015,718.015,225.012,993.0
+ Minority Interest-7.08.018.032.034.0
+ Total Debt2,251.02,327.02,291.0159.0159.0
Enterprise Value————3,67,435.8
Revenue1,01,456.01,09,913.01,17,055.01,30,144.01,38,052.0
Growth %, YoY—+8.3+6.5+11.2—
EBITDA22,628.024,198.025,504.026,752.028,471.0
Margin %22.3022.0221.7920.5620.62
EBIT18,483.020,025.021,420.022,397.024,201.0
Net Income14,845.015,710.017,399.016,652.018,330.0
Margin %14.6314.2914.8612.8013.28
EPS, Adj (current shares)54.7057.8664.0561.3067.48
Growth %, YoY—+5.8+10.7-4.3—
Cash from Operations18,009.022,448.022,261.019,975.0—
Capital Expenditures-1,661.0-1,048.0-1,108.0-1,422.0—
Free Cash Flow16,348.021,400.021,153.018,553.018,553.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

HCL Tech financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

HCL Technologies (NSE: HCLTECH) had a market capitalisation of ₹3,81,159 crore at the 29 October 2026 close (₹1,403.90 a share), a PE ratio of 20.8 on the last four quarters' profit and a price-to-book ratio of 5.01. In FY26 its consolidated net profit was ₹16,642 crore on revenue of ₹1,30,144 crore; in Q2 FY27 (July–September 2026) it was ₹5,132 crore, up 21.2% year on year. Its debt-to-equity ratio was 0.01 on 30 September 2026. Promoters held 60.88% of the shares on 30 September 2026.

HCL Tech Q2 FY27 results
filed 12 October 2026
Share price used
₹1,403.90 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹1,403.90 · 29 Oct close

HCL Tech at a glance · consolidated

Market cap
₹3,81,159 Crat ₹1,403.90 · 29 Oct close
PE ratio (last 4 quarters)
20.822.9 on FY26 profit
Price to book (PB)
5.01book value ₹280.27 a share
ROE (FY26)
23.0%−2.2 pts vs FY25ROCE 27.7%
Debt to equity
0.01net cash ₹22,397 Cr
Promoter holding
60.88%unchanged vs 30 Jun 202630 September 2026
Dividend yield
4.27%₹60 a share in 12 months
Net worth
₹76,092 Cr+6.8% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹18,553 Cr−12.3% vs FY25

Questions

What is the HCL Tech PE ratio today?

HCL Tech's PE ratio is 20.8 at the 29 October 2026 close (₹1,403.90 a share): a market capitalisation of ₹3,81,159 crore divided by consolidated net profit of ₹18,320 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹16,642 crore) it is 22.9.

What is the HCL Tech net worth?

HCL Tech's net worth — shareholders' equity in its consolidated balance sheet — was ₹76,092 crore on 30 September 2026, up 6.8% from ₹71,249 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,81,159 crore at the 29 October 2026 close.

What is the HCL Tech book value per share?

HCL Tech's book value per share was ₹280.27 on 30 September 2026: shareholders' equity of ₹76,092 crore divided by the 271.5 crore shares in issue, up 6.8% from ₹262.43 a year earlier. The share price at the 29 October 2026 close was ₹1,403.90.

What is the HCL Tech PB ratio (price to book value)?

HCL Tech's price-to-book (PB) ratio is 5.01 at the 29 October 2026 close: a market capitalisation of ₹3,81,159 crore divided by shareholders' equity (book value) of ₹76,092 crore on 30 September 2026. That is a book value of ₹280.27 per share against a share price of ₹1,403.90.

What is the HCL Tech ROE and ROCE?

In FY26, HCL Tech's return on equity (ROE) was 23.0% and its return on capital employed (ROCE) was 27.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 25.2% and ROCE 27.7%.

What is the HCL Tech dividend in 2026 and its record date?

In 2026, HCL Tech has declared four dividends totalling ₹60 a share: ₹12 (interim) with record date 17 January 2026 and ex-date 16 January 2026, ₹24 (interim) with record date 25 April 2026 and ex-date 24 April 2026, ₹12 (interim) with record date 17 July 2026 and ₹12 (interim) with record date 16 October 2026.

What is the HCL Tech market cap?

HCL Tech's market capitalisation was ₹3,81,159 crore (₹3.81 lakh crore) at the 29 October 2026 close: 271.5 crore shares at ₹1,403.90 each.

Is HCL Tech debt free?

No. HCL Tech had borrowings of ₹954 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹23,351 crore, so it held net cash of ₹22,397 crore.

What is the HCL Tech EPS?

HCL Tech's basic earnings per share (EPS) were ₹61.46 in FY26, against ₹64.16 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹67.70.

What is the HCL Tech debt to equity ratio?

HCL Tech's debt-to-equity ratio was 0.01 on 30 September 2026: borrowings of ₹954 crore against total equity of ₹76,126 crore. A year earlier, on 30 September 2025, it was 0.03.

What is the HCL Tech promoter holding?

Promoters held 60.88% of HCL Tech on 30 September 2026, unchanged from the previous quarter and up 0.07 percentage points from 60.81% a year earlier, according to the shareholding pattern filed with NSE.

When are the HCL Tech next results?

HCL Tech has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the HCL Tech dividend yield?

HCL Tech's dividend yield is 4.27% at the 29 October 2026 close: dividends of ₹60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,403.90. They were ₹12 on 16 October 2026 (interim), ₹12 on 17 July 2026 (interim), ₹24 on 24 April 2026 (interim) and ₹12 on 16 January 2026 (interim).

What are the HCL Tech latest quarterly results?

HCL Tech's latest results are for Q2 FY27 (July–September 2026), filed on 12 October 2026: consolidated net profit ₹5,132 crore, up 21.2% from ₹4,235 crore in Q2 FY26; revenue from operations ₹35,620 crore, up 11.5% year on year.

What is the HCL Tech revenue and profit in FY26?

In FY26 (April 2025–March 2026), HCL Tech's consolidated net profit was ₹16,642 crore, down 4.3% from ₹17,390 crore in FY25, on revenue from operations of ₹1,30,144 crore (up 11.2%). Over three years, from FY23, net profit was up 12.1%.

What is the HCL Tech shareholding pattern?

On 30 September 2026, HCL Tech's shares were held by promoters 60.88%, foreign portfolio investors (FII/FPI) 15.33%, domestic institutions (DII) 18.94% (including mutual funds at 9.34%) and retail and other non-institutional investors 4.59%. Over the year, FII holding was down 1.31 percentage points from 16.64% and DII holding was up 1.10 percentage points from 17.84%.

How does the HCL Tech PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, HCL Tech's PE ratio is 22.9, the highest of the four: TCS 18.2, Infosys 15.8 and Wipro 14.3, a peer average of 16.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.

HCL Tech vs TCS: how do they compare?

In FY26, HCL Tech earned net profit of ₹16,642 crore on revenue of ₹1,30,144 crore, against ₹49,210 crore on ₹2,67,021 crore for TCS. HCL Tech's operating margin was 17.2% (TCS 25.0%) and its return on equity 23.0% (TCS 48.7%). At the 29 October 2026 close, HCL Tech's market capitalisation was ₹3,81,159 crore against ₹8,97,036 crore for TCS, and its PE ratio on FY26 profit 22.9 against 18.2.

What is the HCL Tech free cash flow?

In FY26, HCL Tech generated ₹19,975 crore of cash from operations and spent ₹1,422 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹18,553 crore. In FY25 it was ₹21,153 crore.

How does HCL Tech compare with its peers?

On FY26 consolidated figures, against TCS, Infosys and Wipro: HCL Tech's operating margin of 17.2% is the third highest of the four (TCS 25.0%, Infosys 20.9%, Wipro 16.1%; peer average 20.7%); its return on equity of 23.0% is the third highest of the four (TCS 48.7%, Infosys 31.2%, Wipro 15.5%; peer average 31.8%); its revenue growth over three years of 8.7% a year is the highest of the four (TCS 5.8% a year, Infosys 6.8% a year, Wipro 0.8% a year; peer average 4.5% a year).

Where do these HCL Tech figures come from?

From HCL Technologies' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.