HCL Technologies (NSE:HCLTECH) First Quarter 2026 Results
Key Financial Results
- Revenue: US$3.55b (up 5.4% from 1Q 2025).
- Net income: US$450.0m (down 9.3% from 1Q 2025).
- Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses.
- EPS: US$0.17 (down from US$0.18 in 1Q 2025).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HCL Technologies EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.2%.
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in India.
Performance of the Indian IT industry.
The company's shares are down 8.3% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with HCL Technologies, and understanding it should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if HCL Technologies might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:HCLTECH
HCL Technologies
Provides IT and business services, engineering, research and development services, software products, and IP-led offerings.
Flawless balance sheet established dividend payer.
Similar Companies
Market Insights
Weekly Picks

Cue Biopharma (NASDAQ: CUE): The Scientist Behind Xolair Just Gave Cue a Next-Generation Shot at the Same Multi-Billion-Dollar Market

AST SpaceMobile: The Boldest Direct-to-Cell Bet in Public Markets
Onto Innovation: The Advanced Packaging Chokepoint 51.3% undervalued intrinsic discount

Investment Analysis (May 2026)
Recently Updated Narratives
Lumentum: An AI-Fueled Recovery That Has Not Yet Earned Its $74 Billion Tag
The Hidden Southeast Asian Compounder: How an Overlooked Storage and Leasing Company Quietly Created Wealth for a Decade

Warren Buffett Just Bet $10 Billion on Google. The Catch? You May Already Be Too Late.
Popular Narratives
QuantumScape: A Mispriced Deep‑Tech Inflection Point With Multi‑Billion‑Dollar Optionality

Take-Two Interactive: The Calm Before the Storm NASDAQ: TTWO Last Price: $242.41 Date: May 15, 2026
