HCLTECH · HCL Technologies Ltd · Software & Programming
HCLTECH · HCL Technologies Ltd · Software & Programming
As of 06 Nov close
52-week range
19.1% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 06 Nov 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹34,579 Cr
Revenue YoY
PAT YoY
+20.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
7.4
P/S (TTM)
2.4
Sector P/E
25.5
Dividend yield
+5.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| HCLTECH (this stock) | 16.7 | 7.4 | +13.0% | +23.2% | 0.07 | +5.0% |
| Tata Consultancy Services | 15.7 | 7.7 | +18.1% | +48.0% | 8.93 | +2.9% |
| Infosys | 13.5 | 6.1 | +16.4% | +33.2% | 0.1 | +4.6% |
| Tech Mahindra | 24.2 | 8.1 | +8.7% | +17.3% | 0.07 | +3.3% |
Promoter
stable
FII
falling 3q
MF
9.04% (-0.18pp)
falling 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 15 Oct 2026 | HCL Technologies Stock Options Trust | SELL | 1,24,426 | ₹16.74 Cr |
| 13 Oct 2026 | HCL Technologies Stock Options Trust | SELL | 3,057 | ₹38.07 lakh |
| 09 Oct 2026 | HCL Technologies Stock Options Trust | SELL | 1,285 | ₹15.12 lakh |
| 07 Oct 2026 | HCL Technologies Stock Options Trust | SELL | 2,798 | ₹33.47 lakh |
| 25 Sept 2026 | Ayut Manubhai Patel | BUY | 3,000 | ₹37.23 lakh |
| 25 Sept 2026 | Arjun Sethi | BUY | 8,915 | ₹1.11 Cr |
| 25 Sept 2026 | Srivatchan Rajaraman | BUY | 5,459 | ₹67.75 lakh |
| 25 Sept 2026 | HCL Technologies Stock Options Trust | SELL | 20,374 | ₹2.53 Cr |
| 24 Sept 2026 | Rahul Mohta | BUY | 1,700 | ₹21.27 lakh |
| 24 Sept 2026 | Mandar Vasant Patankar | BUY | 3,000 | ₹37.53 lakh |
| 24 Sept 2026 | HCL Technologies Stock Options Trust | SELL | 7,700 | ₹96.33 lakh |
| 24 Sept 2026 | Sumit Sehgal | BUY | 1,500 | ₹18.77 lakh |
| 23 Sept 2026 | Raghavan V Kidambi | SELL | 3,651 | ₹46.46 lakh |
| 23 Sept 2026 | SURYA PAWAN KUMAR VADAPALLI | BUY | 1,789 | ₹22.72 lakh |
| 23 Sept 2026 | Jill Ann Kouri | BUY | 84,592 | ₹10.74 Cr |
| 23 Sept 2026 | Ravi Yeddanapudi | BUY | 859 | ₹10.91 lakh |
| 23 Sept 2026 | HCL Technologies Stock Options Trust | SELL | 1,29,059 | ₹16.39 Cr |
| 22 Sept 2026 | SURYA PAWAN KUMAR VADAPALLI | BUY | 3,146 | ₹40.27 lakh |
| 22 Sept 2026 | HCL Technologies Stock Options Trust | SELL | 22,903 | ₹2.93 Cr |
| 22 Sept 2026 | SHIV KUMAR WALIA | BUY | 10,535 | ₹1.35 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumthehindubusinessline.com· 30 Oct 2026, 01:08 pmNifty climbs past 23,100, IT stocks drive mid-session rally; Trent surges over 6%
- loweconomictimes.indiatimes.com· 28 Oct 2026, 05:21 pmDeepak Fertilisers appoints Kanaiya Thakker as group general counsel and head of legal
- lowthehindubusinessline.com· 28 Oct 2026, 10:18 amNifty Prediction Today – October 28, 2026: Nifty futures: Slips below support, consider shorts
- lowthehindubusinessline.com· 27 Oct 2026, 06:06 pmHCLTech expands Climate Action Grant to 24 countries, to give $1.25 million to four NPOs
- lowrediff.com· 27 Oct 2026, 10:28 amUttar Pradesh Attracts Global Tech Investment With Pro-Business Policies
- lowthehindubusinessline.com· 27 Oct 2026, 07:13 amStock Market Today Live, October 27: Stocks to watch: Tata Motors, TVS Holdings, Basel Projects, HCL Technologies, Global Infra, Sigma Adanced, Highway Infra, Genus Power, Gabion Tech
- lowbusiness-standard.com· 25 Oct 2026, 02:47 pmAI at inflection point, future belongs to those who reinvent: HCLTech CEO
- lowthehindubusinessline.com· 24 Oct 2026, 09:53 pmBandu’s Blockbusters for October 25, 2026
- loweconomictimes.indiatimes.com· 24 Oct 2026, 08:24 amInfosys upbeat on deals, cautious on growth as competition intensifies
- mediummacrothehindubusinessline.com· 23 Oct 2026, 09:43 amIT stocks buck global AI rout, but $114 brent crude limits market recovery
- mediumsector policyeconomictimes.indiatimes.com· 22 Oct 2026, 09:34 am₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?
- lowthehindubusinessline.com· 22 Oct 2026, 06:59 amStock Market Today Live, October 22: Stock to buy today: HCL Technologies (1,423.85) – BUY
- mediumthehindubusinessline.com· 21 Oct 2026, 05:05 pmMarkets end lower as oil gains and earnings weigh on markets
- mediumrediff.com· 21 Oct 2026, 05:05 pmIndian Equities Decline for Second Day as Banking, Financial Stocks Drag
- mediumthehindubusinessline.com· 21 Oct 2026, 01:27 pmNifty reverses gap-up gains as 322 stocks hit 52-week lows
- lowthehindubusinessline.com· 18 Oct 2026, 08:33 pmHCL Technologies, Tech Mahindra overtake TCS in net hiring adds
- lowthehindubusinessline.com· 17 Oct 2026, 09:50 pmBandu’s Blockbusters for October 18, 2026
- highsector policyrediff.com· 17 Oct 2026, 04:34 pmIndian IT stocks record best week in 18 years amid global AI sell-off
- lowbusiness-standard.com· 16 Oct 2026, 01:00 pmZensar, HCL Technologies rebounded from 100-month EMA support, says analyst
- lowthehindubusinessline.com· 16 Oct 2026, 09:50 amNifty opens lower despite gap-up; IT stocks lead gains as markets digest inflation worries
Concalls & investor presentations
AI-generatedKey takeaway: HCL Technologies Limited reported strong performance in Q2 FY27, with services revenue growing 3% sequentially and 4% YoY, driven by Advanced AI services, which saw a 28.4% sequential increase in revenue to $219 million. The company noted a 131 basis point sequential improvement in EBIT margin to 18.2%, supported by higher-margin Advanced AI offerings and operational efficiencies. New bookings reached $3.3 billion, a 27% YoY increase, with AI being a central theme in major deals. The company emphasized its AI strategy across five pillars, including expanding AI IP, scaling strategic partnerships, and developing AI talent. Software revenue declined 5.8% sequentially but showed 7.8% YoY growth in ARR. The company guided FY27 revenue growth between 2.5% to 4% and EBIT margin between 17.5% to 18.5%. Management highlighted cautious optimism about the demand environment, noting strong AI adoption and a healthy pipeline despite fluid market conditions. The company also announced strategic moves, including the acquisition of Robotiq.ai and the launch of HCLTech Pulse for fast-growing enterprises.
The document highlights strong revenue growth in services, margin expansion, and strategic AI initiatives, indicating a positive tone.
Sourced from an exchange-filed transcript, dated 15 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HCL Technologies Limited held its Q1 FY27 earnings conference call on July 13, 2026, where management discussed the company's performance and strategic initiatives. CEO C. Vijayakumar highlighted a focus on advanced AI-led offerings, reporting advanced AI revenue of $171 million, reflecting 10.6% QoQ and 62.1% YoY growth. Despite a typical seasonal decline, the company achieved a 2.6% YoY revenue increase in constant currency. Operating margins improved to 16.9%. The company completed the acquisition of Jaspersoft, enhancing its data management portfolio. Management reported a record $2.4 billion in net new TCV bookings for the quarter. The company maintained its guidance for FY27 organic growth of 1% to 4% and margin guidance of 17.5% to 18.5%. CFO Shiv Walia provided details on financial performance, including a total revenue of $3,650 million and a net income of $488 million. The call concluded with management expressing optimism about future growth and AI strategy execution.
Management emphasized strong performance and growth opportunities in AI-led services.
Sourced from an exchange-filed transcript, dated 15 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HCL Technologies Limited held its Q4 and Annual FY'26 Earnings Conference Call on April 21, 2026, where management discussed the company's performance amidst an uncertain economic environment. CEO C. Vijayakumar highlighted that FY'26 marked the third consecutive year of the highest organic revenue growth among major players, despite a 3.3% QoQ decline in Q4 revenue to $3.7 billion, with a 2.4% YoY increase in constant currency. The services business grew 4.8% YoY, while the software segment saw a 4.1% decline. Advanced AI revenue reached $155.1 million, reflecting strong momentum. Management set a revenue growth guidance for FY'27 at 1% to 4% in constant currency, citing client-specific challenges and geopolitical factors as influencing elements. The company also announced plans to continue investing in AI capabilities and partnerships, aiming to enhance its market position in AI solutions.
Management reported both growth achievements and challenges faced in the current economic environment.
Sourced from an exchange-filed transcript, dated 24 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedHCL Technologies Limited (HCLTECH) reported strong financial performance in FY2025-26, with $620 million in Advanced AI revenue and robust operational growth despite macroeconomic challenges. The company distributed 89.9% of net income to shareholders, amounting to $8.5 billion in cash returns. Key governance updates include the re-appointment of Mr. Shikhar Malhotra as a Non-Executive Non-Independent Director and the appointment of Mr. Jacob Christian Dahl as a Non-Executive Independent Director. The company maintains strong compliance with statutory and regulatory requirements, with no defaults or insolvency proceedings noted. Sustainability initiatives and ESG integration remain central to its strategy.
- HCLTECH achieved $620 million in Advanced AI revenue in FY26, reflecting strong AI capabilities.
- The company returned $8.5 billion in cash to shareholders, with 89.9% of net income distributed.
- Mr. Shikhar Malhotra was re-appointed as a Non-Executive Non-Independent Director, with no disqualifications noted.
- Mr. Jacob Christian Dahl was appointed as a Non-Executive Independent Director, meeting all independence criteria.
- No defaults, insolvency proceedings, or regulatory penalties were reported for FY26.
Key takeaway: HCLTECH delivered strong financial performance and governance updates in FY2025-26, with no material risks identified, positioning it well for continued growth and shareholder value creation.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has provisions and contingent liabilities discussed in note 1(p) and note 3.35 of the financial statements for the year ended 31 March 2026.
Earlier (1-3 years ago)
The company has pending disputes related to Service Tax under the Finance Act 1994 with various forums including High Court of Allahabad and Customs, Excise, Service Tax Appellant Tribunal, Allahabad, covering multiple financial years.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has statutory dues of INR 2,072.08 crores under the Income Tax Act, 1961 as of 31 March 2026, with disputes pending in a forum.
Earlier (1-3 years ago)
The company has statutory dues in dispute as of 31 March 2025, with amounts pending before a forum, though no specific amounts are named in the excerpt.
The company has outstanding statutory dues under various tax acts, including Income Tax and Goods and Service Tax, with amounts ranging from INR 0.05 crores to INR 3,249.36 crores, pending resolution in various forums such as Income Tax Appellate Tribunals, High Courts, and the Supreme Court of India.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.45% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).