What is HCL Technologies Ltd's PE ratio?

HCL Technologies Ltd trades at a P/E ratio of 19.00.

What is HCL Technologies Ltd's market cap?

HCL Technologies Ltd's market capitalisation is ₹3.45L Cr.

When did HCL Technologies Ltd last report results?

HCL Technologies Ltd last reported Q1FY27 results on 13 Jul '26.

What is HCL Technologies Ltd's ROE?

HCL Technologies Ltd's return on equity (ROE) is 23.8%.

What sector is HCL Technologies Ltd in?

HCL Technologies Ltd (HCLTECH) is classified in the Information Technology sector (Computers - Software & Consulting).

Information Technology · Computers - Software & Consulting

HCL Technologies Ltd (HCLTECH)

₹1,271.00

Mkt cap

₹3.45L Cr

P/E ratio

19.00

P/B

4.59

Div yield

4.25%

ROE

23.80%

ROCE

30.40%

EPS (TTM)

₹66.89

Book value

₹277

52W range

1,034–1,730

Sector

Information Technology

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.

NSE HCLTECHBSE 532281www.hcltech.com

Health check

Mixed

ValuationFair

ProfitabilityStrong

GrowthModerate

TechnicalsBearish

52-week range

−26.51% from high

₹1,271

₹1,034+22.90% from low₹1,730

Current

₹1,271.00

Prev close

₹1,268.10

Day

+0.23%

Price performance

+0.23%

+4.07%

+15.47%

+5.63%

−24.67%

−17.68%

YTD

−22.51%

Financials

F

Revenue, profit & margin

P/E ratio

19.0×

HCLTECH is 9% below the sector median of 21.0×

HCLTECH19.0×

Sector median21.0×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	26,296	26,672	28,446	28,499	28,057	28,862	29,890	30,246	30,349	31,942	33,872	33,981	34,579
Expenses	20,931	20,743	21,659	22,382	22,264	22,493	23,030	23,764	24,314	25,397	26,460	27,269	27,709
Operating Profit	5,365	5,929	6,787	6,117	5,793	6,369	6,860	6,482	6,035	6,545	7,412	6,712	6,870
OPM %	20%	22%	24%	21%	21%	22%	23%	21%	20%	20%	22%	20%	20%
Other Income	344	365	370	416	1,103	456	477	449	456	415	-571	322	361
Interest	86	156	140	171	191	131	166	156	209	215	205	240	84
Depreciation	927	1,010	1,143	1,093	998	1,007	1,039	1,040	1,093	1,043	1,127	1,092	1,039
Profit before tax	4,696	5,128	5,874	5,269	5,707	5,687	6,132	5,735	5,189	5,702	5,509	5,702	6,108
Tax %	25%	25%	26%	24%	25%	26%	25%	25%	26%	26%	26%	21%	24%
Net Profit	3,531	3,833	4,351	3,995	4,259	4,237	4,594	4,309	3,844	4,236	4,082	4,490	4,626
EPS in Rs	13.02	14.12	16.03	14.69	15.69	15.61	16.92	15.87	14.16	15.61	15.02	16.54	17.04
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.50% · closed higher next day 24 of last 42

	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26	Q1FY27
Broadcast	12 Oct '23◦	12 Jan '24◦	26 Apr '24◦	12 Jul '24◦	14 Oct '24◦	14 Jan '25◦	22 Apr '25◦	14 Jul '25◦	13 Oct '25◦	12 Jan '26◦	21 Apr '26◦	13 Jul '26◦
Earnings day	+2.63%	+3.08%	−5.87%	+0.60%	+0.77%	+0.67%	+7.71%	−3.30%	+0.05%	−0.16%	−10.82%	−4.46%
+1 day	+3.83%	+0.95%	−7.28%	+0.60%	+0.50%	−1.17%	+7.22%	−3.52%	+0.07%	+0.05%	−11.35%	−4.36%
+5 days	+2.85%	+0.21%	−9.70%	+2.45%	−1.79%	+0.78%	+5.92%	−6.16%	+1.95%	+0.89%	−16.72%	+1.50%
+15 days	+3.75%	+5.38%	−8.95%	+1.45%	−0.94%	−4.47%	+14.60%	−8.46%	+1.18%	−3.45%	−22.01%	—
+30 days	+9.01%	+7.66%	−3.06%	+10.21%	−0.42%	−9.78%	+10.30%	−10.50%	+8.66%	−17.64%	−19.88%	—
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Interim Dividend - Rs 12 Per Share	12.00	17 Jul '26	17 Jul '26
dividend Interim Dividend - Rs 24 Per Share	24.00	24 Apr '26	25 Apr '26

Results analysis

HCLTech profit rises 20.34% YoY, but stock falls 4.46%

Shareholding

Sas of Jun 2026

60.88%Promoter

Promoters60.88%0.02

FIIs14.90%0.61

DIIs18.75%0.20

Public5.14%0.78

Government0.04%

Ownership trend

Peers

P7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
TCS	₹2,254.30	15.20	8,15,862	2.84%	13,420	+8.45%	72,275	+13.93%	63.03%
Infosys	₹1,040.90	13.49	4,20,587	4.61%	7,775	+12.25%	48,211	+14.03%	39.95%
HCL Technologies	₹1,271.00	19.02	3,44,865	4.25%	4,626	+20.32%	34,579	+13.94%	30.40%
Wipro	₹177.12	13.27	1,75,392	6.21%	3,356	+0.65%	24,479	+10.59%	17.84%
Tech Mahindra	₹1,559.50	28.76	1,53,021	3.27%	1,486	+28.45%	15,712	+17.68%	23.12%
LTM	₹4,091.80	21.64	1,21,379	1.83%	1,469	+16.92%	11,608	+17.96%	29.60%
Persistent Systems	₹5,200.50	42.56	82,040	0.77%	529	+33.73%	4,056	+25.10%	34.36%
Median: 70 Co.	₹272.10	20.96	1,547	0.40%	13	+18.35%	102	+16.85%	22.38%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013nse Financial Year 2013bse

Credit ratings6

Rating update 7 Oct 2025icra Rating update 10 Dec 2024icra Rating update 1 Jul 2024icra Rating update 30 Nov 2023icra Rating update 17 Nov 2022icra Rating update 30 Apr 2022crisil

Announcements5

Release: 'Hcltech To Establish Global Technology Center In Bhubaneswar' 10h - HCLTech signs MoU to set up 5,000-seat Bhubaneswar Global Technology Center by 2028.Release: 'Hcltech Announces AI Data Center In Bhubaneswar In Partnership With Sarvam And Government Of Odisha' Ref.: Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 10h - HCLTech plans first AI Data Center in Bhubaneswar with Sarvam and Odisha; capex Rs 14,257 crore.Release: 'TIM Brasil Partners With Hcltech To Transform Customer Experience With South America'S First Cross-Platform Esim Transfer Capability' 2d - HCLTech partners with TIM Brasil on South America’s first cross-platform eSIM transfer capability, announced July 22, 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Jul - Enclosed please find a copy of the newspaper publication post-dispatch of the AGM Notice and Annual Report (FY2025-26) to the shareholders of the Company.Release: 'Hcltech Report Exposes Widening AI Divide With Only 18% Of Enterprises Seeing Revenue Impact Despite Near-Universal Adoption' 21 Jul - HCLTech released AI report showing 18% of enterprises see revenue impact despite near-universal adoption.