Covid test result - Positive
There is no doubt that the COVID-19 pandemic, the resulting disruption of the world economy and the social upheavals of early 2020 have battered some industries. But the demand for digital technology has continued to be strong. And while there have been delays in some engagements and short term economic slowdowns, there appear to be tremendous opportunities for technology companies to grow in the medium and long term.
SaaS - the new oxygen
We also saw exceptional traction with our solutions in the SaaS-based CRM (Customer Relationship Management), HCM (Human Capital Management), and SCM (Supply Chain Management) spaces, with demand for the former two doubling last year. We expect this trend to continue this year.
Geo-political risk in new world order
All of these geopolitical parameters have a direct impact on HCL business as we operate in 40+ countries. Current political views create perception challenges for winning business for a foreign owned entity. Legislation which restricts the availability of work visas for skilled resources impacts our ability to deliver services which include project delays and increase cost.
HCL Technologies Share Price
- Open1,465.00
- High1,478.60
- Low1,455.00
- Prev Close1,459.60
- Volume37,23,295
- VWAP(₹)1,469.48
HCL Tech share price insights
Intraday fact check
In the last 19 years, only 2.03 % trading sessions saw intraday gains higher than 5 % .Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 56.84% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)Stock Returns vs Nifty 100
Stock gave a 3 year return of 51.23% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Stock Returns vs Nifty IT
Stock generated 51.23% return as compared to Nifty IT which gave investors 27.71% return over 3 year time period. (as of last trading session)HCL Tech Share Price Update
HCL Technologies Ltd. share price moved up by 0.64% from its previous close of Rs 1,459.60. HCL Technologies Ltd. stock last traded price is 1,468.85
Share Price Value Today/Current/Last 1,468.85 Previous Day 1,459.60
HCL Tech Share Price Returns
| 1 Day | 0.64% |
| 1 Month | 10.93% |
| 3 Months | -5.64% |
| 1 Year | 23.65% |
| 3 Years | 49.05% |
| 5 Years | 180.02% |
Key Metrics
| PE Ratio(x) | 25.39 |
| EPS - TTM(₹) | 57.86 |
| MCap(₹ Cr.) | 3,98,597 |
| MCap Rank | 3 |
| PB Ratio(x) | 5.80 |
| Div Yield(%) | 3.54 |
| Face Value(₹) | 2.00 |
| 52W High(₹) | 1,697.35 |
| 52W Low(₹) | 1,087.05 |
| MCap/Sales | 3.81 |
| Beta(1 Month) | 0.86 |
| BV/Share(₹) | 251.58 |
HCL Tech Share Recommendations
39 Analysts
SellSellHoldBuyStrong
Buy
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 |
| Buy | 14 | 13 | 13 | 11 |
| Hold | 14 | 14 | 14 | 11 |
| Sell | 6 | 6 | 6 | 7 |
| Strong Sell | 2 | 2 | 2 | 3 |
| # Analysts | 39 | 39 | 39 | 36 |
HCL Tech Financials
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 28,915.00 28,816.00 27,037.00 26,640.00 27,059.00 Total Income Growth (%) 0.34 6.58 1.49 -1.55 0.37 Total Expenses 23,475.00 22,802.00 21,753.00 21,858.00 21,770.00 Total Expenses Growth (%) 2.95 4.82 -0.48 0.40 1.39 EBIT 5,440.00 6,014.00 5,284.00 4,782.00 5,289.00 EBIT Growth (%) -9.54 13.82 10.50 -9.59 -3.63 Profit after Tax (PAT) 3,986.00 4,350.00 3,832.00 3,534.00 3,983.00 PAT Growth (%) -8.37 13.52 8.43 -11.27 -2.76 EBIT Margin (%) 18.81 20.87 19.54 17.95 19.55 Net Profit Margin (%) 13.79 15.10 14.17 13.27 14.72 Basic EPS (₹) 14.72 16.06 14.15 13.05 14.71 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 56.84% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 99,777.00 93,411.00 89,033.00 86,194.00 82,906.00 Total Assets Growth (%) 6.82 4.92 3.29 3.97 41.54 Total Liabilities 31,506.00 28,013.00 27,027.00 26,112.00 31,485.00 Total Liabilities Growth (%) 12.47 3.65 3.50 -17.07 84.06 Total Equity 68,271.00 65,398.00 62,006.00 60,082.00 51,421.00 Total Equity Growth (%) 4.39 5.47 3.20 16.84 24.00 Current Ratio (x) 2.61 2.50 2.56 2.48 1.62 Total Debt to Equity (x) 0.03 0.03 0.06 0.06 0.09 Contingent Liabilities 0.00 233.00 892.00 490.00 702.00 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 22,448.00 18,009.00 16,900.00 19,618.00 13,359.00 Net Cash used in Investing Activities -6,723.00 -3,931.00 1,477.00 -5,742.00 -12,374.00 Net Cash flow from Financing Activities -15,464.00 -15,881.00 -14,508.00 -11,180.00 -3,168.00 Net Cash Flow 376.00 -1,445.00 3,989.00 2,761.00 -2,141.00 Closing Cash & Cash Equivalent 9,456.00 9,065.00 10,510.00 6,521.00 3,760.00 Closing Cash & Cash Equivalent Growth (%) 4.31 -13.75 61.17 73.43 -36.64 Total Debt/ CFO (x) 0.10 0.12 0.24 0.20 0.35 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 6723.0 cr for investing activities which is an YoY increase of 71.03%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 23.00 22.70 21.80 18.60 21.56 Return on Capital Employed (%) 27.92 27.56 24.58 23.78 24.47 Return on Assets (%) 15.73 15.89 15.16 12.93 13.33 Interest Coverage Ratio (x) 46.46 67.95 67.70 32.02 28.68 Asset Turnover Ratio (x) 1.14 0.65 0.58 87.45 85.24 Price to Earnings (x) 26.74 19.88 23.42 23.98 10.73 Price to Book (x) 6.14 4.51 5.10 4.46 2.31 EV/EBITDA (x) 15.61 11.77 14.23 12.50 6.62 EBITDA Margin (%) 23.37 23.64 25.21 27.82 25.33
Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y HCL Tech Stock Performance 0.64 10.93 11.27 -10.31 32.36 51.23 172.11 TCS Stock Performance 1.90 8.37 0.45 -3.17 23.96 24.31 82.34 Infosys Stock Performance 1.54 13.07 10.51 -1.59 25.66 12.40 115.23 Wipro Stock Performance 2.43 20.34 15.67 2.30 32.73 -3.10 78.73 Tech Mahindra Stock Performance 2.92 19.83 16.00 14.28 38.48 39.90 96.08 All values in %
Stock Returns vs Nifty 100
Stock gave a 3 year return of 51.23% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Stock Returns vs Nifty IT
Stock generated 51.23% return as compared to Nifty IT which gave investors 27.71% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
MF Ownership as on 31 May 2024
2,476.99
Amount Invested (in Cr.)
3.73%
% of AUM
0.00
% Change (MoM basis)
2,277.45
Amount Invested (in Cr.)
4.16%
% of AUM
24.46
% Change (MoM basis)
766.82
Amount Invested (in Cr.)
3.75%
% of AUM
0.00
% Change (MoM basis)
HCL Tech Futures & Options
Date Price Open Interest 25-07-2024Current
35.803.75 (11.70%)
5,46,0002,15,600 (39.49%)
32.05Open42.20High29.50Low32.05Close6,150Contracts Traded32,666.34Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Date Price Open Interest 25-07-2024Current
1,463.7011.70 (0.81%)
1,93,89,6503,68,550 (1.90%)
1,455.30Open1,475.60High1,446.35Low1,452.00Prev Close12,569Contracts Traded64,402.81Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Corporate Actions
Board Meeting
Quarterly Results & Interim Dividend
Jun 18, 2024
Interim Dividend
0%
Jun 18, 2024
Board Meeting
Audited Results & Interim Dividend
Mar 20, 2024
Announced on Meeting on Jun 18, 2024 Jul 12, 2024 Quarterly Results & Interim Dividend Mar 20, 2024 Apr 26, 2024 Audited Results & Interim Dividend Dec 15, 2023 Jan 12, 2024 Quarterly Results & 4th Interim Dividend Sep 15, 2023 Oct 12, 2023 Quarterly Results & Interim Dividend Jun 15, 2023 Jul 12, 2023 Quarterly Results & 2nd Interim Dividend Announced on Ex-Date Dividend% Jun 18, 2024 Jul 23, 2024 0% Mar 20, 2024 May 07, 2024 900% Dec 15, 2023 Jan 19, 2024 600% Sep 15, 2023 Oct 20, 2023 600% Jun 15, 2023 Jul 20, 2023 500% Announced on Ex-Date Oct 23, 2019 Dec 05, 2019 Bonus Ratio: 1 share(s) for every 1 shares held Jan 30, 2015 Mar 19, 2015 Bonus Ratio: 1 share(s) for every 1 shares held Dec 14, 2006 Mar 15, 2007 Bonus Ratio: 1 share(s) for every 1 shares held Announced on Ex-Date Oct 24, 2000 Nov 27, 2000 Split: Old FV4.0| New FV:2.0 No Data Available
Announced on Meeting on Jul 26, 2023 Aug 22, 2023 - Jul 21, 2022 Aug 16, 2022 - Aug 05, 2021 Aug 27, 2021 - Jun 24, 2021 Jul 27, 2021 - Sep 07, 2020 Sep 29, 2020 -
About
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 398,596.70 Crore) operating in IT Software sector.
HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2023.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 28,915.00 Crore, up .34 % from last quarter Total Income of Rs 28,816.00 Crore and up 6.86 % from last year same quarter Total Income of Rs 27,059.00 Crore. Company has reported net profit after tax of Rs 3,995.00 Crore in latest quarter.
The company’s top management includes Mr.Shiv Nadar, Ms.Roshni Nadar Malhotra, Mr.C Vijayakumar, Mr.Shikhar Malhotra, Mr.Deepak Kapoor, Dr.Mohan Chellappa, Ms.Nishi Vasudeva, Mr.R Srinivasan, Ms.Robin Ann Abrams, Mr.Simon John England, Dr.Sosale Shankara Sastry, Mr.Subramanian Madhavan, Mr.Thomas Sieber, Ms.Vanitha Narayanan, Mr.Prateek Aggarwal, Mr.Rahul Singh. Company has B S R & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 271.37 Crore shares outstanding.
About HCL Tech
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 398,596.70 Crore) operating in IT Software sector. HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2023.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 28,915.00 Crore, up .34 % from last quarter Total Income of Rs 28,816.00 Crore and up 6.86 % from last year same quarter Total Income of Rs 27,059.00 Crore. Company has reported net profit after tax of Rs 3,995.00 Crore in latest quarter.The company’s top management includes Mr.Shiv Nadar, Ms.Roshni Nadar Malhotra, Mr.C Vijayakumar, Mr.Shikhar Malhotra, Mr.Deepak Kapoor, Dr.Mohan Chellappa, Ms.Nishi Vasudeva, Mr.R Srinivasan, Ms.Robin Ann Abrams, Mr.Simon John England, Dr.Sosale Shankara Sastry, Mr.Subramanian Madhavan, Mr.Thomas Sieber, Ms.Vanitha Narayanan, Mr.Prateek Aggarwal, Mr.Rahul Singh. Company has B S R & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 271.37 Crore shares outstanding.
Key Indices Listed On
Nifty 50, BSE Sensex, Nifty IT, Nifty 100, Nifty 200
Address
806, Siddharth,96, Nehru Place,New Delhi, Delhi - 110019
Executive Leadership
Shiv Nadar
Chairman EmeritusRoshni Nadar Malhotra
Non Exe. Non Ind ChairpersonC Vijayakumar
Managing Director & CEOShikhar Malhotra
Non Exe.Non Ind.DirectorAuditors
Brands
FAQs about HCL Tech share
- 1. What's HCL Tech share price today and what are HCL Tech share returns ?As on 01 Jul, 2024, 03:59 PM IST HCL Tech share price was up by 0.64% basis the previous closing price of Rs 1,454.9. HCL Tech share price was Rs 1,468.85. Return Performance of HCL Tech Shares:
- 1 Week: HCL Tech share price moved up by 1.94%
- 1 Month: HCL Tech share price moved up by 10.93%
- 3 Month: HCL Tech share price moved down by 5.64%
- 6 Month: HCL Tech share price moved down by 1.00%
- 2. What is HCL Tech's 52 week high / low?HCL Tech share price saw a 52 week high of Rs 1,697.35 and 52 week low of Rs 1,087.05.
- 3. Who is the Chief Executive Officer of HCL Tech?C Vijayakumar is the Managing Director & CEO of HCL Tech
- 4. What is the CAGR of HCL Tech?The CAGR of HCL Tech is 9.89.
- 5. What are the returns for HCL Tech share?Return Performance of HCL Tech Shares:
- 1 Week: HCL Tech share price moved up by 1.94%
- 1 Month: HCL Tech share price moved up by 10.93%
- 3 Month: HCL Tech share price moved down by 5.64%
- 6 Month: HCL Tech share price moved down by 1.00%
- 6. What are the HCL Tech quarterly results?Total Revenue and Earning for HCL Tech for the year ending 2024-03-31 was Rs 111408.00 Cr and Rs 15702.00 Cr on Consolidated basis. Last Quarter 2024-03-31, HCL Tech reported an income of Rs 28915.00 Cr and profit of Rs 3986.00 Cr.
- 7. Who are the key owners of HCL Tech stock?Following are the key changes to HCL Tech shareholding:
- Promoter holding has not changed in last 9 months and holds 60.81 stake as on 31 Mar 2024
- Domestic Institutional Investors holding have gone down from 15.26 (30 Jun 2023) to 14.88 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 18.98 (30 Jun 2023) to 19.65 (31 Mar 2024)
- Other investor holding have gone down from 4.94 (30 Jun 2023) to 4.65 (31 Mar 2024)
- 8. What dividend is HCL Tech giving?An equity Interim dividend of Rs 0 per share was declared by HCL Technologies Ltd. on 18 Jun 2024. So, company has declared a dividend of 0% on face value of Rs 2 per share. The ex dividend date is 23 Jul 2024.
- 9. Who is the chairman of HCL Tech?Shiv Nadar is the Chairman Emeritus of HCL Tech
- 10. Who are peers to compare HCL Tech share price?Top 4 Peers for HCL Tech are Wipro Ltd., Infosys Ltd., Tech Mahindra Ltd. and Tata Consultancy Services Ltd.
- 11. What is the PE & PB ratio of HCL Tech?The PE ratio of HCL Tech stands at 25.23, while the PB ratio is 5.8.
- 12. What is the market cap of HCL Tech?Market Capitalization of HCL Tech stock is Rs 3,98,597 Cr.
- 13. What are the key metrics to analyse HCL Tech Share Price?HCL Tech share can be quickly analyzed on following metrics:
- Stock's PE is 25.39
- Price to Book Ratio of 5.80
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