HCL Technologies
NSE: HCLTECH · IT
₹1,525.05
▼ -1.61%Price chart
Illustrative price history · not actual market candles
A. Company overview
IT services, engineering and software products company.
B. Fundamental analysis (illustrative)
Revenue growth
+20.89%
Net profit growth
+10.73%
Operating margin
18.82%
EBITDA margin
23.17%
ROE
10.47%
ROCE
10.35%
Debt / Equity
0.29
EPS
₹75.01
Operating cash flow
₹1,09,116 Cr
Working capital
₹62,708 Cr
5-year revenue & profit (₹ Cr)
C. Financial statements (illustrative)
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5,55,742 | 5,91,730 | 6,34,324 | 6,88,113 | 7,83,853 |
| EBITDA | 1,27,320 | 1,32,748 | 1,55,156 | 1,68,004 | 1,81,589 |
| Net profit | 79,575 | 82,968 | 96,972 | 1,05,003 | 1,13,493 |
| EPS (₹) | 52.51 | 58.51 | 64.51 | 70.51 | 76.51 |
D. Valuation analysis
P/E
20.33
P/B
10.71
EV/EBITDA
7.44
Price/Sales
4.69
EPS
₹75.01
Dividend yield
0.6%
Peer comparison — IT
| Company | CMP | P/E | P/B | ROE | D/E |
|---|---|---|---|---|---|
| HCL Technologies | 1,525.05 | 20.33 | 10.71 | 10.47% | 0.29 |
| Infosys | 1,886.82 | 39.32 | 9.75 | 10.52% | 1.29 |
| Tata Consultancy Services | 4,126.24 | 49.25 | 6.65 | 27.13% | 1.15 |
| Wipro | 245.63 | 29.69 | 1.45 | 22.57% | 0.2 |
| Tech Mahindra | 1,537.05 | 55.08 | 8.74 | 22.25% | 0.69 |
| LTIMindtree | 5,496.15 | 47.31 | 2.19 | 19.5% | 0.05 |
E. Technical analysis
RSI (14)
40.94
MACD
-0.51
Support
₹1,448.80
Resistance
₹1,616.55
Volume
2,47,10,334
Illustrative technical charts · not actual market history
Candlestick (last 50 sessions)
Price with 50-DMA & 200-DMA, volume
Fibonacci retracement levels
F. Shareholding pattern
G. SWOT analysis
Strengths
- Established position in IT
- ROE of 10.47% in demo data
Weaknesses
- Limited pricing power in some segments
- Cyclical exposure
Opportunities
- Domestic demand growth
- Expansion in IT Services
Threats
- Regulatory changes
- Competitive intensity
Illustrative template points for demonstration.
H. Research conclusion
Financial strength
Conservative balance sheet
Business quality
Average capital efficiency
Valuation
Reasonable valuation
Growth
Sales growth of 20.89%
Risk assessment
Medium risk
Overall
Illustrative BUY opinion · target ₹1,839.55 · stop loss ₹1,432.36
I. Corporate actions
Dividend history (₹/share)
| Year | Dividend |
|---|---|
| FY22 | 7.32 |
| FY23 | 7.87 |
| FY24 | 8.42 |
| FY25 | 8.97 |
| FY26 | 9.52 |
Bonus, splits & announcements
- Bonus history: none in demo dataset
- Stock split history: none in demo dataset
- Board meeting for quarterly results — demo announcement