HCL Technologies Key Ratios
NSE: HCLTECH | BSE: 532281
₹1,235.00
As on 29-Sep-2026 12:54IST
Market cap
₹3,34,568 Cr
Revenue (TTM)
₹1,34,374 Cr
P/E Ratio
19.2
P/B Ratio
4.2
Div. Yield
4.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.76 | 13.94 | 12.59 | 8.82 | 11.61 |
| EBIT | 3.75 | 17.99 | 7.75 | 7.08 | 8.19 |
| Net Profit | 3.03 | 20.32 | 6.80 | 6.28 | 9.69 |
| EPS | 3.03 | 20.32 | 2.63 | 4.88 | 8.81 |
| 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 | 17.29 | 17.02 | 18.29 |
| Net Margin
| 20.16 | 14.26 | 12.83 | 12.62 | 14.55 |
| Return on equity
| 29.38 | 23.57 | 24.77 | 23.13 | 25.40 |
| Return on Capital
| 38.98 | 30.44 | -- | 31.20 | 33.54 |
| Return on Assets
| 20.32 | 16.18 | 15.72 | 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
24.77
Higher than Peers by 5.87
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
24.77
|
23.13
|
25.40
|
23.69
|
23.41
|
|
Peer Median
|
18.89
|
14.29
|
19.97
|
23.48
|
--
|
ROA
15.72
Higher than Peers by 3.41
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
15.72
|
15.17
|
17.12
|
16.46
|
16.49
|
|
Peer Median
|
12.31
|
8.62
|
11.62
|
13.53
|
--
|
EBIT Margin
17.29
Higher than Peers by 1.44
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
17.29
|
17.02
|
18.29
|
18.20
|
18.21
|
|
Peer Median
|
15.85
|
15.17
|
16.09
|
16.30
|
--
|
Net Margin
12.83
Higher than Peers by 0.16
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
12.83
|
12.62
|
14.55
|
14.10
|
14.44
|
|
Peer Median
|
12.67
|
10.20
|
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
12.59
Higher than Peers by 2.52
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
12.59
|
11.18
|
6.50
|
8.34
|
18.45
|
|
Peer Median
|
10.08
|
13.90
|
14.92
|
7.66
|
--
|
EBIT Growth
7.75
Higher than Peers by 0.54
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
7.75
|
3.46
|
7.03
|
8.29
|
14.10
|
|
Peer Median
|
7.20
|
22.25
|
7.18
|
7.59
|
--
|
Net Profit Growth
6.80
Lower than Peers by 0.55
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
6.80
|
-4.29
|
10.75
|
5.83
|
9.78
|
|
Peer Median
|
7.35
|
9.39
|
1.14
|
11.84
|
--
|
EPS Growth
2.63
Lower than Peers by 3.46
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
2.63
|
-4.30
|
10.75
|
5.73
|
10.02
|
|
Peer Median
|
6.09
|
9.24
|
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
|
--
|
0.00
|
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
2.22
Lower than Peers by 0.22
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
2.22
|
2.22
|
2.22
|
2.61
|
2.50
|
|
Peer Median
|
2.44
|
2.13
|
2.22
|
2.58
|
--
|
Quick Ratio
2.21
Lower than Peers by 0.22
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
2.21
|
2.21
|
2.21
|
2.60
|
2.49
|
|
Peer Median
|
2.43
|
2.04
|
2.30
|
2.69
|
--
|
Interest Coverage
31.94
Higher than Peers by 1.86
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
31.94
|
26.43
|
37.12
|
38.92
|
56.21
|
|
Peer Median
|
30.08
|
22.83
|
20.90
|
30.59
|
--
|
Operating Efficiency
Debtors to sales
23.47
Higher than Peers by 1.67
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
23.47
|
24.24
|
22.08
|
23.22
|
25.14
|
|
Peer Median
|
21.80
|
21.89
|
21.29
|
20.69
|
--
|
Asset Turnover
1.21
Higher than Peers by 0.23
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
19.20
Lower than Peers by 6.58
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
|
19.20
|
21.88
|
24.84
|
26.68
|
19.86
|
|
Peer Median
|
25.78
|
47.46
|
31.33
|
35.28
|
--
|
Price / Book Value
4.22
Lower than Peers by 0.81
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
|
4.22
|
4.88
|
6.23
|
6.20
|
4.54
|
|
Peer Median
|
5.03
|
5.62
|
5.07
|
6.21
|
--
|
Dividend Yield
4.38
Higher than Peers by 3.63
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
|
4.38
|
4.03
|
3.77
|
3.37
|
4.42
|
|
Peer Median
|
0.75
|
0.28
|
0.39
|
0.25
|
--
|
EV/EBITDA
10.73
--
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
|
10.73
|
12.05
|
14.75
|
15.61
|
11.77
|
|
Peer Median
|
--
|
19.04
|
21.27
|
25.17
|
--
|
Market Cap
3,34,568
Higher than Peers by 3,17,456
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HCL Technologies
|
3,34,568
|
3,64,117
|
4,31,945
|
4,19,010
|
2,94,902
|
|
Peer Median
|
17,112
|
13,752
|
10,363
|
10,709
|
--
|