HCL Technologies (HCLTECH) Stock Overview
Provides IT and business services, engineering, research and development services, software products, and IP-led offerings. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
HCLTECH Community Fair Values
Create NarrativeSee what 65 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
HCL Technologies Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,179.00 |
| 52 Week High | ₹1,780.10 |
| 52 Week Low | ₹1,103.40 |
| Beta | 0.066 |
| 1 Month Change | -1.79% |
| 3 Month Change | -12.93% |
| 1 Year Change | -27.50% |
| 3 Year Change | 4.42% |
| 5 Year Change | 21.38% |
| Change since IPO | 1,113.55% |
Recent News & Updates
Recent updates
Narrative Update • Apr 22
HCLTECH: AI Partnerships And Edge Solutions Will Support Measured Future Upside
Analysts now place HCL Technologies' fair value at ₹1,561.48, compared with the prior ₹1,584.27, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News HCLTech and CrowdStrike expanded their partnership to launch Continuous Threat Exposure Management services, combining AI-driven threat detection with HCLTech's VERITY framework and AI Force platform to help enterprises monitor and remediate cyber risk across endpoints, cloud, identity, applications, and data.Narrative Update • Apr 07
HCLTECH: Expanded AI Security And Cloud Partnerships Will Drive Future Upside
Analysts have trimmed their price target on HCL Technologies from about ₹1,672 to roughly ₹1,584, citing updated assumptions around slightly softer revenue growth, a modestly higher profit margin outlook, and an adjusted future P/E multiple. What's in the News CrowdStrike and HCLTech expanded their partnership with Continuous Threat Exposure Management services, combining AI driven threat detection and exposure management across endpoints, cloud, identity, applications and data.
New Narrative • Mar 25
AI Factory And Data Intelligence Expansion Will Reshape Long Term Prospects
Catalysts About HCL Technologies HCL Technologies is a global IT services and software company providing IT and business services, engineering and R&D, and software products to clients across industries and geographies. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 23
HCLTECH: Expanding AI Alliances Will Support Future Upside Potential
Analysts have trimmed their 12 month price target for HCL Technologies from about ₹1,740 to roughly ₹1,670, citing slightly lower projected revenue growth, a marginally softer profit margin outlook and a reduced future P/E assumption. What's in the News Expanded collaboration with Google Cloud to build custom Agentic AI solutions using Gemini models, with a program aimed at supporting over 2,000 GenAI-led customer engagements and growing its Google Cloud certified workforce to more than 35,000 within three years (Key Developments).Narrative Update • Feb 26
HCLTECH: AI Partnerships And New Client Wins Will Support Upside Potential
Analysts have trimmed their price target for HCL Technologies by about ₹27 to roughly ₹1,740. This reflects small tweaks to fair value estimates, discount rate assumptions and expected future P/E levels, while keeping revenue growth and profit margin expectations broadly in line with earlier views.Narrative Update • Feb 12
HCLTECH: AI Deals And Public Sector Expansion Will Support Bullish Outlook
Analysts have nudged their price target on HCL Technologies slightly higher to about ₹1,766 from roughly ₹1,762, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News HCL Technologies was selected by Guardian Life Insurance Company of America for a multi-year partnership focused on AI driven technology transformation using its GenAI platform, AI Force, across application development, support, testing and infrastructure management (Client announcement).Analysis Article • Jan 31
HCL Technologies Limited's (NSE:HCLTECH) Shares May Have Run Too Fast Too Soon
When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 23x, you may consider HCL...Narrative Update • Jan 27
HCLTECH: AI Partnerships And New Engagements Will Support Balanced Future Outlook
Analysts have slightly increased their fair value estimate for HCL Technologies to ₹1,761.82 from ₹1,760.36, reflecting adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News HCL Technologies has been selected by Team Global Express, a major logistics company in Australia and New Zealand, to consolidate its multi vendor IT setup into a single partnership and provide end to end managed IT services using its AI Force platform across applications, hybrid cloud, networks, cybersecurity and digital workplace (Client Announcements).Narrative Update • Jan 13
HCLTECH: AI Collaborations And Client Wins Will Support Balanced Future Outlook
Analysts have raised their price target on HCL Technologies from ₹1,655.75 to about ₹1,760, citing updated assumptions around revenue growth, profit margins and future P/E multiples. What's in the News HCLTech joined Microsoft's Discovery platform, an agentic AI platform aimed at supporting large scale scientific computing in areas such as chemistry, materials science, drug discovery and semiconductor design, with a focus on joint projects, co innovation labs and industry implementations (Strategic Alliances).Analysis Article • Dec 18
Here's What To Make Of HCL Technologies' (NSE:HCLTECH) Decelerating Rates Of Return
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Narrative Update • Dec 16
HCLTECH: Future AI Partnerships And Global Expansion Will Shape Balanced Outlook
Narrative Update on HCL Technologies Analysts have nudged their price target for HCL Technologies slightly higher to ₹1,655.75 from ₹1,648.93, reflecting modestly improved profit margin expectations that more than offset a small trim to projected revenue growth and valuation multiples. What's in the News Expanded digital transformation partnership with Aurobay Technologies, positioning HCLTech as the trusted SAP and PLM integration partner across Sweden and China.Narrative Update • Nov 28
HCLTECH: Future AI Alliances And Global Expansion Will Guide Measured Outlook
Analysts have modestly raised their price target for HCL Technologies from ₹1,645.30 to ₹1,648.93. This reflects minor adjustments in the company’s discount rate, projected revenue growth, and profit margin outlooks.Narrative Update • Nov 14
HCLTECH: Future AI Partnerships And Global Collaborations Will Guide Balanced Performance
Narrative Update on HCL Technologies Analysts have slightly raised their price target for HCL Technologies from ₹1,642.11 to ₹1,645.30. This adjustment reflects marginal improvements in projected revenue growth and profit margins.Analysis Article • Nov 06
HCL Technologies (NSE:HCLTECH) Seems To Use Debt Rather Sparingly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Oct 31
HCLTECH: AI Partnerships And Telecom Monetization Will Drive Steady Performance Ahead
Analysts have maintained their price target for HCL Technologies at ₹1,642, reflecting only marginal adjustments in key valuation assumptions, such as the discount rate and growth projections. What's in the News DIB announced a strategic partnership with HCLTech to accelerate responsible AI adoption in Islamic finance, leveraging HCLTech's advanced AI capabilities (GITEX GLOBAL 2025).Narrative Update • Oct 17
Robust Bookings And AI Collaboration Will Shape Future Markets
Analysts have slightly decreased their price target for HCL Technologies to ₹1,642 from ₹1,647. They cite a marginal increase in expected revenue growth, while also factoring in higher discount rates and a slight downward adjustment to profit margin forecasts.Analysis Article • Oct 16
HCL Technologies Limited (NSE:HCLTECH) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Investors in HCL Technologies Limited ( NSE:HCLTECH ) had a good week, as its shares rose 2.9% to close at ₹1,496...Narrative Update • Oct 03
Robust Bookings And AI Collaboration Will Shape Future Markets
Analysts have revised their price target for HCL Technologies downward from ₹1,688 to ₹1,647. This change reflects updated expectations for slightly lower revenue growth and profit margins, as well as a subtle increase in the discount rate used in valuation models.Analysis Article • Sep 18
HCL Technologies Limited's (NSE:HCLTECH) Business And Shares Still Trailing The Market
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 29x, you may consider HCL...Analysis Article • Aug 07
Returns On Capital At HCL Technologies (NSE:HCLTECH) Have Stalled
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • Jul 17
HCL Technologies Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that HCL Technologies Limited ( NSE:HCLTECH ) filed its quarterly result this time last...Analysis Article • Jun 18
Here's Why We Think HCL Technologies (NSE:HCLTECH) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
New Narrative • Jan 22
Integration Of AI And Acquisition Of CTG Assets From HPE Will Strengthen Future Telecom Services Position
AI integration and strategic acquisitions position HCLTech for revenue growth and enhanced market presence in telecom and international markets.Shareholder Returns
| HCLTECH | IN IT | IN Market | |
|---|---|---|---|
| 7D | 1.2% | 7.0% | -1.4% |
| 1Y | -27.5% | -20.3% | -0.9% |
Return vs Industry: HCLTECH underperformed the Indian IT industry which returned -20.3% over the past year.
Return vs Market: HCLTECH underperformed the Indian Market which returned -0.9% over the past year.
Price Volatility
| HCLTECH volatility | |
|---|---|
| HCLTECH Average Weekly Movement | 4.9% |
| IT Industry Average Movement | 7.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.3% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: HCLTECH has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: HCLTECH's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | n/a | Vijay, CVK VijayaKumar | www.hcltech.com |
HCL Technologies Limited provides IT and business services, engineering, research and development services, software products, and IP-led offerings. It operates through IT and Business Services, Engineering and R&D Services, and HCL Software segments. The company provides application development, management, modernization, and testing services, as well as commercial applications; automation services, including digital integration, business process management, robotic process automation for intelligent automation, and low- and no-code services; digital process operations, such as customer experience management, hyper intelligent automation, supply chain management, finance and accounting, marketing operations and content, and human resource services; and data and AI services that consist of strategy and advisory, modernize data, simplify insights, and scale AI.
HCL Technologies Limited Fundamentals Summary
| HCLTECH fundamental statistics | |
|---|---|
| Market cap | ₹3.36t |
| Earnings (TTM) | ₹178.92b |
| Revenue (TTM) | ₹1.40t |
17.8x
P/E Ratio2.3x
P/S RatioIs HCLTECH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HCLTECH income statement (TTM) | |
|---|---|
| Revenue | US$14.66b |
| Cost of Revenue | US$9.67b |
| Gross Profit | US$5.00b |
| Other Expenses | US$3.12b |
| Earnings | US$1.88b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.69 |
| Gross Margin | 34.08% |
| Net Profit Margin | 12.80% |
| Debt/Equity Ratio | 0.2% |
How did HCLTECH perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield83%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/03 13:19 |
| End of Day Share Price | 2026/06/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HCL Technologies Limited is covered by 65 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pulkit Chawla | 360 ONE Capital Market Private Limited |
| Ashwin Mehta | Ambit Capital |
| Sushovon Nayak | Anand Rathi Shares and Stock Brokers Limited |