Hexaware Technologies Limited provides information technology consulting, software development, and business process management services worldwide.
Excellent balance sheet with proven track record and pays a dividend.
Share Price & News
How has Hexaware Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEXAWARE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HEXAWARE exceeded the Indian IT industry which returned 4% over the past year.
Return vs Market: HEXAWARE underperformed the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Hexaware Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShould We Worry About Hexaware Technologies Limited's (NSE:HEXAWARE) P/E Ratio?
1 week ago | Simply Wall StHexaware Technologies Limited Full-Year Results: Here's What Analysts Are Forecasting For Next Year
3 weeks ago | Simply Wall StCan Hexaware Technologies Limited's (NSE:HEXAWARE) ROE Continue To Surpass The Industry Average?
Is Hexaware Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HEXAWARE (₹365.05) is trading above our estimate of fair value (₹300.4)
Significantly Below Fair Value: HEXAWARE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HEXAWARE is poor value based on its PE Ratio (17x) compared to the IT industry average (11x).
PE vs Market: HEXAWARE is poor value based on its PE Ratio (17x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: HEXAWARE is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: HEXAWARE is overvalued based on its PB Ratio (3.9x) compared to the IN IT industry average (0.9x).
How is Hexaware Technologies forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEXAWARE's forecast earnings growth (11.3% per year) is above the savings rate (6.5%).
Earnings vs Market: HEXAWARE's earnings (11.3% per year) are forecast to grow slower than the Indian market (20.4% per year).
High Growth Earnings: HEXAWARE's earnings are forecast to grow, but not significantly.
Revenue vs Market: HEXAWARE's revenue (12.3% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: HEXAWARE's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEXAWARE's Return on Equity is forecast to be high in 3 years time (22.5%)
How has Hexaware Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEXAWARE has high quality earnings.
Growing Profit Margin: HEXAWARE's current net profit margins (11.5%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: HEXAWARE's earnings have grown by 13.3% per year over the past 5 years.
Accelerating Growth: HEXAWARE's earnings growth over the past year (9.9%) is below its 5-year average (13.3% per year).
Earnings vs Industry: HEXAWARE earnings growth over the past year (9.9%) exceeded the IT industry 7.2%.
Return on Equity
High ROE: HEXAWARE's Return on Equity (23.2%) is considered high.
Return on Assets
Return on Capital Employed
How is Hexaware Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: HEXAWARE's short term assets (₹17.3B) exceed its short term liabilities (₹12.1B).
Long Term Liabilities: HEXAWARE's short term assets (₹17.3B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: HEXAWARE's debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HEXAWARE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HEXAWARE's debt is well covered by operating cash flow (416.8%).
Interest Coverage: HEXAWARE's interest payments on its debt are well covered by EBIT (104.7x coverage).
Inventory Level: HEXAWARE has a low level of unsold assets or inventory.
Debt Coverage by Assets: HEXAWARE's debt is covered by short term assets (assets are 12.1x debt).
What is Hexaware Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HEXAWARE's dividend (2.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: HEXAWARE's dividend (2.33%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).
Stability and Growth of Payments
Stable Dividend: HEXAWARE's dividend payments have been volatile in the past 10 years.
Growing Dividend: HEXAWARE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.5%), HEXAWARE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HEXAWARE's dividends in 3 years are forecast to be well covered by earnings (36.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keech Srikrishna (49yo)
Mr. R. Srikrishna, also known as Keech, has been the Chief Executive Officer of Hexaware Technologies Limited since July 28, 2014. Mr. Srikrishna served as Head of Global Sales - Infrastructure Services Di ...
CEO Compensation Analysis
Compensation vs Market: Keech's total compensation ($USD788.32K) is about average for companies of similar size in the Indian market ($USD636.02K).
Compensation vs Earnings: Keech's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||5.6yrs||₹56.62m||0.17% ₹182.5m|
|Chief Financial Officer||1.3yrs||₹8.72m||no data|
|Compliance Officer & Company Secretary||9.9yrs||₹2.48m||0.0025% ₹2.7m|
|Chief Operating Officer||0yrs||no data||no data|
|Head of Investor Relations||0yrs||no data||no data|
|Head of Legal||0yrs||no data||no data|
|Senior VP & Global Head of Marketing||0yrs||no data||0.0054% ₹5.8m|
|Chief People Officer||0.08yrs||no data||no data|
|Senior VP of Global Revenue Assurance & Chief Learning Officer||16.4yrs||no data||no data|
|Executive VP and Global Head of ATM Business & H&I Delivery||13.5yrs||no data||no data|
Experienced Management: HEXAWARE's management team is seasoned and experienced (7.8 years average tenure).
|CEO & Executive Director||5.6yrs||₹56.62m||0.17% ₹182.5m|
|Vice Chairman||3.3yrs||no data||no data|
|Non-Independent Non Executive Director||6.3yrs||no data||no data|
|Non Executive Non Independent Chairman||6.3yrs||no data||0.12% ₹125.8m|
|Additional Independent Non Executive Director||11.7yrs||₹300.00k||no data|
|Independent Non Executive Director||3.8yrs||₹320.00k||no data|
Experienced Board: HEXAWARE's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hexaware Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Hexaware Technologies Limited
- Ticker: HEXAWARE
- Exchange: NSEI
- Founded: 1990
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹108.910b
- Shares outstanding: 298.38m
- Website: https://hexaware.com
Number of Employees
- Hexaware Technologies Limited
- Building No. 152
- A Block, Sector - 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532129||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 1999|
|HEXAWARE||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Feb 1999|
Hexaware Technologies Limited provides information technology consulting, software development, and business process management services worldwide. It offers application transformation management solutions, including cloudify application, API and enterprise application integration, and application managed services; business intelligence and analytics services, such as modern data architecture, enterprise data management, advanced analytics, data visualization, Internet of Things, and managed analytics; and business process services covering HIPAS-intelligent process automation, customer experience, finance and accounting, translation, revenue cycle management, banking and financial, insurance, and healthcare. The company also provides digital assurance services consisting of autonomous testing, BOT and AI testing, cloud quality assurance, data centric testing, test automation, managed testing, performance engineering, test advisory and consulting, and usability testing; enterprise solutions comprising BPM, Oracle EBS, Oracle Cloud, Peoplesoft, SAP, and Workday services; and infrastructure management services, which include Gen 4 managed, platform engineering, automation, and experience consulting. It serves the banking, capital market, education, healthcare, insurance, hospitality, logistics, manufacturing, professional service, and travel; hi-tech, platform, and information service; retail and CPG; telecom, media, and entertainment; and transportation industries. The company was founded in 1990 and is headquartered in Mumbai, India. Hexaware Technologies Limited is a subsidiary of HT Global IT Solutions Holdings Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 13:01|
|End of Day Share Price||2020/02/26 00:00|
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 here.