₹ 1,753 0.08%
30 Aug - close price
About
HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues. Since its inception into the global landscape after its IPO in 1999, HCL Tech has focused on transformational outsourcing, and offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. The company leverages its extensive global offshore infrastructure and network of offices in 46 countries to provide multi-service delivery in key industry verticals.
Key Points
Segment wise revenue breakup FY22
IT and Business Services – 72%
Engineering and R&D services - 16%
Products & Platforms – 12% [1]
- Market Cap ₹ 4,75,773 Cr.
- Current Price ₹ 1,753
- High / Low ₹ 1,766 / 1,185
- Stock P/E 29.0
- Book Value ₹ 252
- Dividend Yield 2.97 %
- ROCE 29.6 %
- ROE 23.3 %
- Face Value ₹ 2.00
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Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 87.4%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Large
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20,068 | 20,655 | 22,331 | 22,597 | 23,464 | 24,686 | 26,700 | 26,606 | 26,296 | 26,672 | 28,446 | 28,499 | 28,057 | |
15,006 | 15,633 | 16,938 | 17,545 | 18,489 | 19,261 | 20,335 | 20,743 | 20,931 | 20,743 | 21,659 | 22,382 | 22,264 | |
Operating Profit | 5,062 | 5,022 | 5,393 | 5,052 | 4,975 | 5,425 | 6,365 | 5,863 | 5,365 | 5,929 | 6,787 | 6,117 | 5,793 |
OPM % | 25% | 24% | 24% | 22% | 21% | 22% | 24% | 22% | 20% | 22% | 24% | 21% | 21% |
255 | 240 | 255 | 317 | 409 | 236 | 260 | 453 | 344 | 365 | 370 | 416 | 1,103 | |
Interest | 89 | 83 | 82 | 65 | 64 | 79 | 116 | 94 | 86 | 156 | 140 | 171 | 191 |
Depreciation | 1,128 | 1,078 | 1,136 | 984 | 983 | 998 | 1,137 | 1,027 | 927 | 1,010 | 1,143 | 1,093 | 998 |
Profit before tax | 4,100 | 4,101 | 4,430 | 4,320 | 4,337 | 4,584 | 5,372 | 5,195 | 4,696 | 5,128 | 5,874 | 5,269 | 5,707 |
Tax % | 22% | 20% | 22% | 17% | 24% | 24% | 24% | 23% | 25% | 25% | 26% | 24% | 25% |
3,213 | 3,263 | 3,448 | 3,599 | 3,281 | 3,487 | 4,096 | 3,981 | 3,531 | 3,833 | 4,351 | 3,995 | 4,259 | |
EPS in Rs | 11.81 | 12.01 | 12.68 | 13.24 | 12.10 | 12.86 | 15.09 | 14.68 | 13.02 | 14.12 | 16.03 | 14.69 | 15.69 |
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Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25,581 | 32,144 | 36,701 | 31,136 | 47,568 | 50,569 | 60,427 | 70,676 | 75,379 | 85,651 | 101,456 | 109,913 | 111,674 | |
19,901 | 24,108 | 28,215 | 24,482 | 37,178 | 39,323 | 46,501 | 53,360 | 55,331 | 65,122 | 78,828 | 85,715 | 87,048 | |
Operating Profit | 5,680 | 8,035 | 8,486 | 6,654 | 10,390 | 11,246 | 13,926 | 17,316 | 20,048 | 20,529 | 22,628 | 24,198 | 24,626 |
OPM % | 22% | 25% | 23% | 21% | 22% | 22% | 23% | 24% | 27% | 24% | 22% | 22% | 22% |
332 | 677 | 1,126 | 871 | 1,069 | 1,230 | 943 | 589 | 927 | 1,067 | 1,358 | 1,495 | 2,254 | |
Interest | 106 | 114 | 91 | 74 | 89 | 69 | 174 | 505 | 511 | 319 | 353 | 553 | 658 |
Depreciation | 637 | 681 | 404 | 410 | 828 | 1,383 | 2,073 | 3,420 | 4,611 | 4,326 | 4,145 | 4,173 | 4,244 |
Profit before tax | 5,270 | 7,917 | 9,117 | 7,041 | 10,542 | 11,024 | 12,622 | 13,980 | 15,853 | 16,951 | 19,488 | 20,967 | 21,978 |
Tax % | 23% | 18% | 20% | 20% | 18% | 21% | 20% | 21% | 30% | 20% | 24% | 25% | |
4,040 | 6,528 | 7,342 | 5,602 | 8,606 | 8,722 | 10,120 | 11,057 | 11,169 | 13,523 | 14,845 | 15,710 | 16,438 | |
EPS in Rs | 14.49 | 23.25 | 26.02 | 19.86 | 30.16 | 31.32 | 37.31 | 40.75 | 41.07 | 49.74 | 54.73 | 57.86 | 60.53 |
Dividend Payout % | 21% | 11% | 58% | 40% | 40% | 19% | 11% | 25% | 24% | 84% | 88% | 90% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 13% |
3 Years: | 13% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 9% |
3 Years: | 12% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 26% |
3 Years: | 14% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 22% |
3 Years: | 23% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 139 | 140 | 281 | 282 | 285 | 278 | 271 | 543 | 543 | 543 | 543 | 543 |
Reserves | 13,025 | 19,410 | 23,943 | 27,109 | 32,664 | 36,108 | 41,095 | 50,724 | 59,370 | 61,371 | 64,862 | 67,720 |
1,044 | 1,018 | 648 | 1,090 | 582 | 557 | 4,195 | 7,986 | 6,864 | 6,343 | 4,794 | 5,758 | |
8,191 | 9,412 | 10,372 | 10,859 | 12,231 | 11,046 | 12,788 | 23,566 | 19,270 | 20,664 | 23,051 | 24,985 | |
Total Liabilities | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,006 |
6,753 | 7,444 | 8,275 | 9,716 | 15,235 | 18,753 | 22,888 | 37,490 | 37,145 | 35,077 | 34,619 | 35,063 | |
CWIP | 494 | 531 | 552 | 611 | 448 | 320 | 235 | 400 | 312 | 129 | 40 | 108 |
Investments | 713 | 662 | 869 | 698 | 1,306 | 2,660 | 2,305 | 7,066 | 6,862 | 6,351 | 5,495 | 7,137 |
14,440 | 21,343 | 25,548 | 28,315 | 28,773 | 26,256 | 32,921 | 37,863 | 41,728 | 47,364 | 53,096 | 56,698 | |
Total Assets | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,006 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,492 | 6,457 | 5,539 | 3,823 | 8,995 | 8,328 | 8,971 | 13,359 | 19,618 | 16,900 | 18,009 | 22,448 | |
-2,361 | -4,842 | -2,088 | -2,208 | -3,890 | -2,236 | -3,256 | -12,332 | -5,665 | 1,597 | -3,573 | -6,608 | |
-2,086 | -1,308 | -3,140 | -2,237 | -4,517 | -5,714 | -1,471 | -3,168 | -11,192 | -14,508 | -15,881 | -15,464 | |
Net Cash Flow | 44 | 307 | 311 | -623 | 588 | 378 | 4,244 | -2,141 | 2,761 | 3,989 | -1,445 | 376 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
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Debtor Days | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 85 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 85 |
Working Capital Days | 15 | 10 | 29 | 64 | 38 | 59 | 49 | 27 | 52 | 48 | 47 | 35 |
ROCE % | 41% | 45% | 40% | 28% | 34% | 31% | 31% | 27% | 26% | 25% | 28% | 30% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation
29 Aug - Presentation made at the Company''s Investor Day 2024
- Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Aug - Of publication of newspaper advertisem*nt for transfer of equity shares of the Company to the Investor Education and Protection Fund
- Release -' Xerox And Hcltech Extend Agreement To Drive Innovation With AI And Digital Engineering' 26 Aug
- Intimation For Hosting `Investor Day 2024'
20 Aug - Company would be hosting its ''Investor Day 2024'' on Wednesday, August 28, 2024 wherein it would be inviting select investors/analysts. The said event will be …
- Announcement under Regulation 30 (LODR)-Change in Management
19 Aug - In regard to the Change in Management (Chief Financial Officer) of the Company.
Annual reports
- Financial Year 2024
from bse
- Financial Year 2023
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- Financial Year 2022
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- Financial Year 2021
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- Financial Year 2020
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- Financial Year 2019
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- Financial Year 2018
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- Financial Year 2017
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- Financial Year 2016
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- Financial Year 2015
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- Financial Year 2014
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- Financial Year 2013
from nse
- Financial Year 2013
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- Financial Year 2012
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- Financial Year 2012
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Credit ratings
Concalls
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Aug 2024
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