HCL Technologies Key Ratios
NSE: HCLTECH | BSE: 532281
₹1,403.00
As on 21-Oct-2026 10:09IST
Market cap
₹3,73,672 Cr
Revenue (TTM)
₹1,38,052 Cr
P/E Ratio
20.4
P/B Ratio
4.9
Div. Yield
3.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.01 | 11.51 | 12.76 | 9.11 | 11.62 |
| EBIT | 10.87 | 17.50 | 11.49 | 7.61 | 9.18 |
| Net Profit | 10.99 | 21.18 | 12.08 | 7.20 | 10.53 |
| EPS | 10.99 | 21.18 | 7.92 | 5.85 | 9.69 |
| Book Value | -- | -- | 7.53 | 4.69 | 4.49 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 29.02 | 18.13 | 17.53 | 17.02 | 18.29 |
| Net Margin
| 20.16 | 14.26 | 13.18 | 12.62 | 14.55 |
| Return on equity
| 29.38 | 23.57 | 25.16 | 23.13 | 25.40 |
| Return on Capital
| 38.98 | 30.44 | -- | 31.20 | 33.54 |
| Return on Assets
| 20.32 | 16.18 | 16.04 | 15.17 | 17.12 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.03 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
31.20
|
33.54
|
31.13
|
29.71
|
|
Peer Median
|
--
|
19.02
|
22.05
|
29.68
|
--
|
ROE
25.16
Higher than Peers by 5.39
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
25.16
|
23.13
|
25.40
|
23.69
|
23.41
|
|
Peer Median
|
19.77
|
14.61
|
19.97
|
23.48
|
--
|
ROA
16.04
Higher than Peers by 3.44
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
16.04
|
15.17
|
17.12
|
16.46
|
16.49
|
|
Peer Median
|
12.60
|
10.16
|
11.62
|
13.53
|
--
|
EBIT Margin
17.53
Higher than Peers by 0.86
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
17.53
|
17.02
|
18.29
|
18.20
|
18.21
|
|
Peer Median
|
16.67
|
15.86
|
16.09
|
16.30
|
--
|
Net Margin
13.18
Lower than Peers by 0.25
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
13.18
|
12.62
|
14.55
|
14.10
|
14.44
|
|
Peer Median
|
13.43
|
10.87
|
12.79
|
13.87
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
16.14
|
18.35
|
18.09
|
18.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.76
Higher than Peers by 1.77
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
12.76
|
11.18
|
6.50
|
8.34
|
18.45
|
|
Peer Median
|
11.00
|
14.63
|
14.92
|
7.66
|
--
|
EBIT Growth
11.49
Higher than Peers by 3.15
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
11.49
|
3.46
|
7.03
|
8.29
|
14.10
|
|
Peer Median
|
8.34
|
20.62
|
7.18
|
7.59
|
--
|
Net Profit Growth
12.08
Higher than Peers by 3.23
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
12.08
|
-4.29
|
10.75
|
5.83
|
9.78
|
|
Peer Median
|
8.85
|
11.24
|
1.14
|
11.84
|
--
|
EPS Growth
7.92
Higher than Peers by 1.17
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
7.92
|
-4.30
|
10.75
|
5.73
|
10.02
|
|
Peer Median
|
6.74
|
11.69
|
0.58
|
8.05
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
7.53
|
2.60
|
4.01
|
5.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.00
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
0.00
|
0.00
|
0.03
|
0.03
|
0.03
|
|
Peer Median
|
--
|
0.01
|
0.00
|
0.01
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
0.00
|
0.00
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.98
Lower than Peers by 0.44
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
1.98
|
2.22
|
2.22
|
2.61
|
2.50
|
|
Peer Median
|
2.43
|
2.05
|
2.22
|
2.58
|
--
|
Quick Ratio
1.98
Lower than Peers by 0.44
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
1.98
|
2.21
|
2.21
|
2.60
|
2.49
|
|
Peer Median
|
2.41
|
2.01
|
2.30
|
2.69
|
--
|
Interest Coverage
33.95
Higher than Peers by 3.89
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
33.95
|
26.43
|
37.12
|
38.92
|
56.21
|
|
Peer Median
|
30.06
|
22.83
|
20.90
|
30.59
|
--
|
Operating Efficiency
Debtors to sales
23.34
Higher than Peers by 1.11
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
23.34
|
24.24
|
22.08
|
23.22
|
25.14
|
|
Peer Median
|
22.23
|
22.50
|
21.29
|
20.69
|
--
|
Asset Turnover
1.21
Higher than Peers by 0.22
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
1.21
|
1.19
|
1.15
|
1.15
|
1.13
|
|
Peer Median
|
0.98
|
1.00
|
0.95
|
0.96
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
80.47
|
80.08
|
84.73
|
73.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
0.52
|
0.50
|
0.69
|
0.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
974.48
|
1,086.90
|
1,247.24
|
794.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
--
|
-893.49
|
-1,006.33
|
-1,161.82
|
-719.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
20.40
Lower than Peers by 4.48
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
20.40
|
21.88
|
24.84
|
26.68
|
19.86
|
|
Peer Median
|
24.88
|
49.28
|
31.33
|
35.28
|
--
|
Price / Book Value
4.91
Lower than Peers by 0.50
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
4.91
|
4.88
|
6.23
|
6.20
|
4.54
|
|
Peer Median
|
5.41
|
5.88
|
5.07
|
6.21
|
--
|
Dividend Yield
3.92
Higher than Peers by 3.22
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
3.92
|
4.03
|
3.77
|
3.37
|
4.42
|
|
Peer Median
|
0.71
|
0.16
|
0.39
|
0.25
|
--
|
EV/EBITDA
11.90
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
11.90
|
12.05
|
14.75
|
15.61
|
11.77
|
|
Peer Median
|
--
|
20.72
|
21.27
|
25.17
|
--
|
Market Cap
3,73,672
Higher than Peers by 3,57,130
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
3,73,672
|
3,64,117
|
4,31,945
|
4,19,010
|
2,94,902
|
|
Peer Median
|
16,541
|
11,744
|
10,363
|
10,709
|
--
|