Hexaware Technologies Limited

NSEI:HEXT Stock Report

Market Cap: ₹328.6b

Hexaware Technologies Future Growth

Future criteria checks 2/6

Hexaware Technologies is forecast to grow earnings and revenue by 11.8% and 10.4% per annum respectively. EPS is expected to grow by 10.9% per annum. Return on equity is forecast to be 22.7% in 3 years.

Key information

11.8%

Earnings growth rate

10.95%

EPS growth rate

IT earnings growth8.6%
Revenue growth rate10.4%
Future return on equity22.65%
Analyst coverage

Good

Last updated09 Jul 2026

Recent future growth updates

Analysis Article May 09

Hexaware Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors in Hexaware Technologies Limited ( NSE:HEXT ) had a good week, as its shares rose 8.5% to close at ₹486...
Analysis Article Nov 11

Analysts Have Made A Financial Statement On Hexaware Technologies Limited's (NSE:HEXT) Third-Quarter Report

Last week, you might have seen that Hexaware Technologies Limited ( NSE:HEXT ) released its quarterly result to the...

Recent updates

Narrative Update Jun 26

HEXT: UK And India Expansion Will Support Future AI Services Upside

Analysts have reduced the fair value estimate for Hexaware Technologies from ₹840.00 to ₹620.00, citing updated assumptions on discount rate, revenue growth, profit margins, and a lower future P/E multiple. What's in the News Hexaware Technologies plans to invest £25 million to expand its UK operations, including enlarging its Birmingham delivery center and setting up new R&D centers in Manchester and Leeds, with the UK Government announcing the project at the G7 Summit as part of its AI and clean energy agenda.
Analysis Article May 09

Hexaware Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors in Hexaware Technologies Limited ( NSE:HEXT ) had a good week, as its shares rose 8.5% to close at ₹486...
New Narrative Feb 26

AI Adoption And Legacy Modernization Will Reshape Long Term Outcomes For This Business

Catalysts About Hexaware Technologies Hexaware Technologies is an IT and business process services company focused on application development, IT infrastructure, data, cloud, business process services and related digital solutions for global clients. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 13

Risks Still Elevated At These Prices As Hexaware Technologies Limited (NSE:HEXT) Shares Dive 26%

Hexaware Technologies Limited ( NSE:HEXT ) shareholders that were waiting for something to happen have been dealt a...
New Narrative Feb 05

AI Productivity And Deal Pipeline Will Shape A Cautious But Balanced Outlook

Catalysts About Hexaware Technologies Hexaware Technologies is an IT and business process services company focused on application development, cloud, data, AI and outsourcing solutions for global clients. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 11

Analysts Have Made A Financial Statement On Hexaware Technologies Limited's (NSE:HEXT) Third-Quarter Report

Last week, you might have seen that Hexaware Technologies Limited ( NSE:HEXT ) released its quarterly result to the...
Analysis Article Aug 01

Hexaware Technologies' (NSE:HEXT) Profits May Not Reveal Underlying Issues

The market shrugged off Hexaware Technologies Limited's ( NSE:HEXT ) solid earnings report. Our analysis showed that...

Earnings and Revenue Growth Forecasts

NSEI:HEXT - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028185,14619,32119,53121,97311
12/31/2027168,29216,99317,53021,21714
12/31/2026153,67415,25412,13416,19516
3/31/2026138,35513,93615,77717,422N/A
12/31/2025134,30413,69215,71617,391N/A
9/30/2025131,06613,96215,95517,698N/A
6/30/2025127,58713,28615,20916,778N/A
3/31/2025124,33512,24011,99113,478N/A
12/31/2024119,74411,76414,14715,480N/A
9/30/2024114,36010,50313,40714,550N/A
6/30/2024109,52010,43314,08915,047N/A
3/31/2024105,72810,22614,59915,363N/A
12/31/2023103,8039,97614,51315,156N/A
12/31/202291,9968,8427,0148,206N/A
12/31/202171,7777,4888,7069,798N/A
12/31/202062,6216,21513,64114,377N/A
9/30/202062,2566,579N/AN/AN/A
6/30/202061,2106,7898,65610,045N/A
3/31/202058,6036,7784,9786,362N/A
12/31/201955,8256,413N/A5,964N/A
9/30/201953,0615,970N/A6,894N/A
6/30/201950,3445,854N/A5,789N/A
3/31/201948,6285,876N/A6,064N/A
12/31/201846,4785,835N/A5,487N/A
9/30/201844,0025,810N/A4,582N/A
6/30/201841,8365,511N/A4,766N/A
3/31/201840,3055,200N/A4,727N/A
12/31/201739,4204,995N/A4,762N/A
9/30/201738,7815,016N/A5,378N/A
6/30/201737,8914,737N/A5,678N/A
3/31/201736,7524,492N/A5,550N/A
12/31/201635,3494,192N/A4,730N/A
9/30/201634,1443,955N/A4,694N/A
6/30/201633,2893,928N/A4,374N/A
3/31/201632,3343,937N/A4,266N/A
12/31/201531,2663,932N/A3,932N/A
9/30/201530,1803,811N/A3,600N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HEXT's forecast earnings growth (11.8% per year) is above the savings rate (6.9%).

Earnings vs Market: HEXT's earnings (11.8% per year) are forecast to grow slower than the Indian market (16.2% per year).

High Growth Earnings: HEXT's earnings are forecast to grow, but not significantly.

Revenue vs Market: HEXT's revenue (10.4% per year) is forecast to grow slower than the Indian market (11% per year).

High Growth Revenue: HEXT's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HEXT's Return on Equity is forecast to be high in 3 years time (22.7%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 11:43
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hexaware Technologies Limited is covered by 40 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
null nullAsian Markets Securities Private Limited
Soumitra ChatterjeeAvendus Spark