Hexaware Technologies Receives Quality Grade Upgrade Amid Strong Financial Performance

Hexaware Technologies has recently undergone an evaluation revision, reflecting its strong performance metrics within the Computers - Software & Consulting industry. The company has demonstrated impressive sales growth over the past five years, achieving a rate of 27.60%. Additionally, its EBIT growth during the same period stands at 24.38%, showcasing robust operational efficiency.
Financial stability is further highlighted by a favorable EBIT to interest ratio of 100.00 and a low debt to EBITDA ratio of 0.48, indicating effective debt management. Hexaware's net debt to equity ratio is notably at 0.00, suggesting a solid capital structure. The company's sales to capital employed ratio of 1.65 and a tax ratio of 17.71% contribute to its overall financial health.

In comparison to its peers, Hexaware Technologies stands out with a return on capital employed (ROCE) of 32.56% and a return on equity (ROE) of 23.29%. While other companies in the sector, such as TCS and Infosys, also maintain strong performance, Hexaware's metrics reflect a competitive position in the market. The company's dividend payout ratio of 53.24% and zero pledged shares further enhance its appeal in the industry landscape.