HCL Technologies

Why is HCL Technologies Ltd falling/rising?

As of 04-Aug, HCL Technologies Ltd's stock price is 1,356.20, down 0.43%. Despite recent gains, the stock has a year-to-date decline of 16.51% and is considered overvalued, contributing to decreased investor participation and a current price drop.

As of 04-Aug, HCL Technologies Ltd's stock price is currently at 1,356.20, reflecting a decrease of 5.9 points or 0.43%. The stock's performance today is described as inline with the sector, but it has experienced a notable decline in investor participation, with delivery volume falling by 38.57% compared to the 5-day average. <BR><BR>Despite a positive performance over the past week and month, where the stock has risen by 2.81% and 18.98% respectively, it has a year-to-date decline of 16.51%, indicating a longer-term downward trend. The stock is trading at a premium compared to its peers, which may contribute to its current price drop. Additionally, while the company has strong fundamentals, including a healthy return on equity of 23.11% and a net-debt-free status, the high PEG ratio of 3 suggests that the stock may be overvalued relative to its earnings growth.<BR><BR>The high dividend yield of 4.41% is a positive factor, but the overall market sentiment, reflected in the falling investor participation and the stock's underperformance over the past year, likely contributes to the current decline in price.

Which are the latest news on HCL Technologies?

Has HCL Technologies Ltd declared dividend?

Yes, HCL Technologies Ltd has declared a dividend of 600% (₹24.01 per share) with an ex-date of July 17, 2026. While short-term price returns have declined, the dividend contributes positively to total returns, especially over longer periods.

HCL Technologies Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 600%<BR>- Amount per share: 24.01<BR>- Ex-date: 17 Jul 26<BR><BR>Dividend Yield: 5.14%<BR><BR>Total Returns by Period:<BR>In the 3 Months period, the price return was -19.53%, the dividend return was 2.48%, resulting in a total return of -17.05%.<BR><BR>In the 6 Months period, the price return was -30.01%, the dividend return was 2.12%, leading to a total return of -27.89%.<BR><BR>For the 1 Year period, the price return was -25.44%, the dividend return was 3.92%, culminating in a total return of -21.52%.<BR><BR>During the 2 Years period, the price return was -25.58%, the dividend return was 6.80%, resulting in a total return of -18.78%.<BR><BR>In the 3 Years period, the price return was 1.43%, the dividend return was 14.50%, leading to a total return of 15.93%.<BR><BR>Over the 4 Years period, the price return was 32.24%, the dividend return was 21.92%, culminating in a total return of 54.16%.<BR><BR>In the 5 Years period, the price return was 12.29%, the dividend return was 24.26%, resulting in a total return of 36.55%.<BR><BR>Overall, HCL Technologies Ltd has declared a substantial dividend, which contributes positively to the total returns over various periods, particularly in the longer term where returns have been favorable. However, short-term returns have shown significant declines in price.

Are HCL Technologies Ltd latest results good or bad?

HCL Technologies Ltd's latest results show strong revenue growth with record net sales of ₹34,579 crores and a 20.32% increase in net profit. However, concerns about compressed operating margins and a declining stock price suggest mixed sentiment regarding the sustainability of these results.

HCL Technologies Ltd's latest results can be characterized as a mixed bag. On one hand, the company achieved record net sales of ₹34,579 crores, reflecting a strong year-on-year growth of 13.94%. This indicates that HCL is successfully capturing market share and expanding its revenue base despite a challenging demand environment.<BR><BR>On the profitability front, the net profit for the quarter was ₹4,624 crores, which is a significant increase of 20.32% year-on-year. Additionally, the profit after tax (PAT) margin improved slightly to 13.38%, up from 13.21% in the previous quarter, showcasing effective management of profitability.<BR><BR>However, there are concerns regarding operating margins, which have compressed to 19.87% from 21.88% a year ago. This decline reflects ongoing cost pressures, including wage inflation and higher subcontracting costs, which are common challenges in the IT services sector. The modest sequential revenue growth of 1.76% also suggests that while the company is growing, the pace may be slowing.<BR><BR>Overall, while HCL Technologies demonstrates resilience in revenue and profitability management, the margin compression and the broader market's cautious sentiment—evidenced by a 26.70% decline in the stock over the past year—indicate that investors are wary of the sustainability of these results amid competitive pressures and demand headwinds. Thus, the results can be seen as good in terms of revenue and profit growth, but concerning in terms of margin sustainability.

Should I buy, sell or hold HCL Technologies Ltd?

How big is HCL Technologies?

As of 10th June, HCL Technologies Ltd has a market capitalization of 310,633.00 Cr, with recent net sales of 130,144.00 Cr and net profit of 16,642.00 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: HCL Technologies Ltd has a market capitalization of 310,633.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 130,144.00 Cr, while the sum of Net Profit for the same period is 16,642.00 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 69,655.00 Cr, and Total Assets amount to 104,480.00 Cr.

Who are in the management team of HCL Technologies?

The management team of HCL Technologies includes Roshni Nadar Malhotra (Chairman), C Vijayakumar (CEO), and several independent non-executive directors, totaling 13 key members who provide diverse expertise and leadership.

The management team of HCL Technologies includes the following key members:<BR><BR>1. **Roshni Nadar Malhotra** - Chairman (Non-Executive) & Director (Non-Independent)<BR>2. **C Vijayakumar** - Managing Director & CEO<BR>3. **Deepak Kapoor** - Independent Non-Executive Director<BR>4. **S Madhavan** - Independent Non-Executive Director<BR>5. **Mohan Chellappa** - Independent Non-Executive Director<BR>6. **Nishi Vasudeva** - Independent Non-Executive Director<BR>7. **Robin Abrams** - Independent Non-Executive Director<BR>8. **Sosale Shankara Sastry** - Independent Non-Executive Director<BR>9. **Shikhar Neelkamal Malhotra** - Non-Executive & Non-Independent Director<BR>10. **R Srinivasan Ramanathan** - Independent Non-Executive Director<BR>11. **Simon John England** - Independent Non-Executive Director<BR>12. **Thomas Sieber** - Independent Non-Executive Director<BR>13. **Vanitha Narayanan** - Independent Non-Executive Director<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the HCL Technologies?

HCL Technologies' peers include TCS, Infosys, Wipro, Tech Mahindra, LTM, Persistent Systems, Coforge, Mphasis, L&T Technology, and Hexaware Tech. While HCL has a 1-year return of -36.01%, it ranks better than TCS (-38.48%) but worse than Coforge (-23.34%).

Peers: The peers of HCL Technologies are TCS, Infosys, Wipro, Tech Mahindra, LTM, Persistent Syste, Coforge, Mphasis, L&T Technology, and Hexaware Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS, Infosys, HCL Technologies, LTM, Persistent Syste, Coforge, and L&T Technology, while Good management risk is found at Wipro, Tech Mahindra, Mphasis, and Hexaware Tech. Average growth is noted for TCS, Infosys, and HCL Technologies, while Below Average growth is seen at Wipro and Tech Mahindra, and the rest have Excellent growth. Excellent capital structure is present in TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, LTM, Persistent Syste, Coforge, Mphasis, L&T Technology, and Hexaware Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Coforge at -23.34%, while the peer with the lowest is TCS at -38.48%. HCL Technologies has a 1-year return of -36.01%, which is better than TCS but worse than Coforge. Additionally, Wipro, LTM, Persistent Syste, Mphasis, L&T Technology, and Hexaware Tech all have negative six-month returns.

What does HCL Technologies do?

HCL Technologies Limited is a global IT services company focused on digital technology transformation, with a market cap of INR 310,633 Cr and a net profit of 4,488 Cr reported for March 2026. Key metrics include a P/E ratio of 18.00 and a dividend yield of 5.24%.

Overview: <BR>HCL Technologies Limited is a leading global IT services company that specializes in digital technology transformation, operating within the Computers - Software & Consulting industry and categorized as a Large Cap company.<BR><BR>History: <BR>HCL Technologies was incorporated in an unspecified year and has maintained its status as a prominent IT services provider. The latest quarterly results reported are for March 2026, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot: <BR>- Net Sales: 33,981 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 4,488 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 310,633 Cr (Large Cap) <BR><BR>Key Metrics: <BR>- P/E: 18.00 <BR>- Industry P/E: 20 <BR>- Dividend Yield: 5.24% <BR>- Debt Equity: -0.33 <BR>- Return on Equity: 23.08% <BR>- Price to Book: 4.14 <BR><BR>Contact Details: <BR>Address: 806 Siddharth, 96 Nehru Place New Delhi New Delhi : 110019 <BR>Tel: 91-11-26444812/26436336 <BR>Email: investors@hcl.com <BR>Website: http://www.hcltech.com

Is HCL Technologies technically bullish or bearish?

As of December 4, 2025, HCL Technologies shows a mildly bullish trend, supported by a bullish weekly MACD and Bollinger Bands, despite some caution from the monthly MACD and mildly bearish daily moving averages.

As of 4 December 2025, the technical trend for HCL Technologies has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive momentum, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. The Dow Theory shows a mildly bullish stance on both weekly and monthly charts, reinforcing the upward trend. However, the daily moving averages are mildly bearish, which could temper short-term optimism. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

How has been the historical performance of HCL Technologies?

HCL Technologies has shown consistent growth, with net sales increasing from 60,427 Cr in March 2019 to 1,17,055 Cr in March 2025, alongside significant rises in operating profit, profit before tax, and earnings per share. Total assets grew from 80,589 Cr to 1,04,480 Cr, while cash flow from operating activities remained robust at 22,261 Cr in March 2025.

Answer:<BR>HCL Technologies has shown consistent growth in its historical performance, with net sales increasing from 60,427.00 Cr in March 2019 to 1,17,055.00 Cr in March 2025. Total operating income has followed a similar upward trend, reaching 1,17,055.00 Cr in March 2025, up from 60,427.00 Cr in March 2019. The company's operating profit (PBDIT) has also improved significantly, rising from 14,869.00 Cr in March 2019 to 27,989.00 Cr in March 2025. Profit before tax has increased from 12,622.00 Cr in March 2019 to 23,261.00 Cr in March 2025, while profit after tax has grown from 10,120.00 Cr to 17,399.00 Cr over the same period. The earnings per share (EPS) have seen a steady rise, reaching 64.05 in March 2025 compared to 37.34 in March 2019. Total assets have expanded from 80,589.00 Cr in March 2019 to 1,04,480.00 Cr in March 2025, indicating strong asset growth. However, total liabilities have also increased from 80,589.00 Cr to 1,04,480.00 Cr during this period. The cash flow from operating activities has remained robust, with a figure of 22,261.00 Cr in March 2025, although the net cash outflow for the same year was -1,196.00 Cr.<BR><BR>Breakdown:<BR>HCL Technologies has demonstrated a strong upward trajectory in its financial performance over the years. Net sales have surged from 60,427.00 Cr in March 2019 to 1,17,055.00 Cr in March 2025, reflecting a robust growth strategy. This growth is mirrored in total operating income, which also reached 1,17,055.00 Cr in March 2025. The operating profit (PBDIT) has increased significantly, from 14,869.00 Cr in March 2019 to 27,989.00 Cr in March 2025, showcasing improved operational efficiency. Profit before tax has more than doubled, climbing from 12,622.00 Cr to 23,261.00 Cr, while profit after tax rose from 10,120.00 Cr to 17,399.00 Cr, indicating strong profitability. The earnings per share have consistently improved, reaching 64.05 in March 2025. Total assets have grown from 80,589.00 Cr to 1,04,480.00 Cr, signaling a solid asset base, although total liabilities have increased correspondingly. Cash flow from operating activities has remained healthy, with 22,261.00 Cr reported in March 2025, despite a net cash outflow of -1,196.00 Cr for the year.

Is HCL Technologies overvalued or undervalued?

As of November 10, 2025, HCL Technologies is fairly valued with a PE Ratio of 24.63, but is considered overvalued compared to peers TCS and Infosys, has a low ROE of 2.38%, and has underperformed the Sensex with a year-to-date decline of 19.68%.

As of 10 November 2025, HCL Technologies has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 24.63, an EV to EBITDA of 6.23, and a Price to Book Value of 0.59. <BR><BR>In comparison to its peers, TCS has a more attractive PE Ratio of 21.77 and Infosys stands at 22.37, both indicating that HCL Technologies is relatively overvalued in this context. Additionally, while HCL Technologies has a dividend yield of 3.89%, its ROE is notably low at 2.38%. Recent stock performance shows HCL Technologies has underperformed the Sensex year-to-date, with a decline of 19.68% compared to the Sensex's gain of 6.91%.

Who are the top shareholders of the HCL Technologies?

The top shareholders of HCL Technologies include Vama Sundari Investments (Delhi) Pvt. Ltd. with 44.17%, foreign institutional investors at 19.14%, and mutual funds holding 8.35%. The Life Insurance Corporation of India is the largest public shareholder at 4.83%, while individual investors own 3.37%.

The top shareholders of HCL Technologies include a mix of promoters, institutional investors, and individual shareholders. The majority shareholder is Vama Sundari Investments (Delhi) Pvt. Ltd., holding 44.17%. <BR><BR>In terms of institutional holdings, foreign institutional investors (FIIs) collectively own 19.14%, while mutual funds have a stake through 46 schemes, accounting for 8.35%. The highest public shareholder is the Life Insurance Corporation of India, which holds 4.83%. Individual investors collectively hold 3.37% of the company. <BR><BR>Overall, the promoter group remains the dominant force in HCL Technologies' shareholding structure.

When is the next results date for HCL Technologies?

No Upcoming Board Meetings

What is the bonus history of the HCL Technologies?

HCL Technologies has issued bonus shares multiple times, with the most recent 1:1 bonus announced on December 5, 2019. Previous bonuses were also issued in a 1:1 ratio on March 19, 2015, and March 15, 2007, demonstrating the company's commitment to rewarding shareholders.

HCL Technologies has a history of issuing bonus shares on several occasions. The most recent bonus was a 1:1 bonus issue announced with an ex-date of December 5, 2019, and a record date of December 7, 2019. Prior to that, the company also issued bonus shares in a similar 1:1 ratio on March 19, 2015, with a record date of March 20, 2015, and again on March 15, 2007, with a record date of March 16, 2007. This consistent approach to issuing bonuses reflects the company's commitment to rewarding its shareholders.