HCL Technologies Ltd
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.
- Market Cap ₹ 3,99,954 Cr.
- Current Price ₹ 1,474
- High / Low ₹ 1,697 / 1,048
- Stock P/E 25.5
- Book Value ₹ 252
- Dividend Yield 3.53 %
- ROCE 29.8 %
- ROE 23.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.53%.
- Company has been maintaining a healthy dividend payout of 87.4%
- Debtor days have improved from 81.5 to 64.7 days.
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25,581 | 32,144 | 36,701 | 31,136 | 47,568 | 50,569 | 60,427 | 70,676 | 75,379 | 85,651 | 101,456 | 109,913 | |
19,901 | 24,108 | 28,215 | 24,482 | 37,178 | 39,323 | 46,501 | 53,360 | 55,331 | 65,122 | 78,828 | 85,715 | |
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 |
OPM % | 22% | 25% | 23% | 21% | 22% | 22% | 23% | 24% | 27% | 24% | 22% | 22% |
332 | 677 | 1,126 | 871 | 1,069 | 1,230 | 943 | 589 | 927 | 1,067 | 1,358 | 1,495 | |
Interest | 106 | 114 | 91 | 74 | 89 | 69 | 174 | 505 | 511 | 319 | 353 | 553 |
Depreciation | 637 | 681 | 404 | 410 | 828 | 1,383 | 2,073 | 3,420 | 4,611 | 4,326 | 4,145 | 4,173 |
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 |
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 | |
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 |
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: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 9% |
3 Years: | 13% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 17% |
1 Year: | 39% |
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 | 5,756 | |
8,191 | 9,412 | 10,372 | 10,859 | 12,231 | 11,046 | 12,788 | 23,566 | 19,270 | 20,664 | 23,051 | 25,758 | |
Total Liabilities | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,777 |
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 | 57,469 | |
Total Assets | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 99,777 |
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 | -6,723 | |
-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 | 261 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 65 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 | 65 |
Working Capital Days | 15 | 10 | 29 | 64 | 38 | 59 | 49 | 27 | 52 | 48 | 47 | 59 |
ROCE % | 41% | 45% | 40% | 28% | 34% | 31% | 31% | 27% | 26% | 25% | 28% |
Documents
Announcements
- Audio Recording Of The Conference Call Held On April 26, 2024 1d
- Consolidated Financial Statements- IFRS For The Year Ended March 31, 2024 1d
- Approval Of RSU Plan 2024 1d
- Release- State Bank Of India Partners With HCL Software To Digitally Transform Customer Engagement. 1d
- Announcement under Regulation 30 (LODR)-Date of payment of Dividend 1d
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Jan 2024TranscriptPPTREC
-
Oct 2023Transcript PPT
-
Jul 2023TranscriptPPT
-
Jun 2023TranscriptNotesPPT
-
Apr 2023TranscriptPPT
-
Jan 2023Transcript PPT
-
Oct 2022TranscriptPPT
-
Jul 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Apr 2022TranscriptPPT
-
Jul 2021TranscriptPPT
-
Apr 2021TranscriptNotesPPT
-
Apr 2021Transcript PPT
-
Jan 2021TranscriptPPT
-
Oct 2020TranscriptPPT
-
Jul 2020TranscriptPPT
-
May 2020TranscriptPPT
-
Jan 2020TranscriptPPT
-
Oct 2019TranscriptPPT
-
Aug 2019TranscriptPPT
-
May 2019Transcript PPT
-
Jan 2019TranscriptPPT
-
Dec 2018TranscriptNotesPPT
-
Oct 2018TranscriptPPT
-
Jul 2018TranscriptPPT
-
Apr 2018TranscriptPPT
-
Jan 2018TranscriptPPT
-
Oct 2017TranscriptPPT
-
Jul 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Jan 2017TranscriptPPT
-
Oct 2016TranscriptPPT
-
Jul 2016TranscriptPPT
-
Apr 2016TranscriptPPT
-
Jan 2016TranscriptPPT
-
Oct 2015TranscriptPPT
-
Aug 2015Transcript PPT
Segment wise revenue breakup FY22
IT and Business Services – 72%
Engineering and R&D services - 16%
Products & Platforms – 12% [1]