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 ₹ 3,92,803 Cr.
- Current Price ₹ 1,448
- High / Low ₹ 1,697 / 1,044
- Stock P/E 25.0
- Book Value ₹ 242
- Dividend Yield 3.59 %
- ROCE 28.3 %
- ROE 23.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.59%.
- Company has been maintaining a healthy dividend payout of 65.5%
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 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20,831 | 25,581 | 32,144 | 36,701 | 31,136 | 47,568 | 50,569 | 60,427 | 70,676 | 75,379 | 85,651 | 101,456 | 108,020 | |
17,135 | 19,901 | 24,108 | 28,215 | 24,482 | 37,178 | 39,323 | 46,501 | 53,360 | 55,331 | 65,122 | 78,828 | 84,076 | |
Operating Profit | 3,695 | 5,680 | 8,035 | 8,486 | 6,654 | 10,390 | 11,246 | 13,926 | 17,316 | 20,048 | 20,529 | 22,628 | 23,944 |
OPM % | 18% | 22% | 25% | 23% | 21% | 22% | 22% | 23% | 24% | 27% | 24% | 22% | 22% |
206 | 332 | 677 | 1,126 | 871 | 1,069 | 1,230 | 943 | 589 | 927 | 1,067 | 1,358 | 1,532 | |
Interest | 143 | 106 | 114 | 91 | 74 | 89 | 69 | 174 | 505 | 511 | 319 | 353 | 476 |
Depreciation | 549 | 637 | 681 | 404 | 410 | 828 | 1,383 | 2,073 | 3,420 | 4,611 | 4,326 | 4,145 | 4,107 |
Profit before tax | 3,210 | 5,270 | 7,917 | 9,117 | 7,041 | 10,542 | 11,024 | 12,622 | 13,980 | 15,853 | 16,951 | 19,488 | 20,893 |
Tax % | 24% | 23% | 18% | 20% | 20% | 18% | 21% | 20% | 21% | 30% | 20% | 24% | |
2,423 | 4,040 | 6,528 | 7,342 | 5,602 | 8,606 | 8,722 | 10,120 | 11,057 | 11,169 | 13,523 | 14,845 | 15,696 | |
EPS in Rs | 8.74 | 14.49 | 23.25 | 26.02 | 19.86 | 30.16 | 31.32 | 37.31 | 40.75 | 41.07 | 49.74 | 54.73 | 57.85 |
Dividend Payout % | 34% | 21% | 11% | 58% | 40% | 40% | 19% | 11% | 25% | 24% | 84% | 88% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 13% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 11% |
3 Years: | 10% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 21% |
3 Years: | 15% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 23% |
3 Years: | 22% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 139 | 139 | 140 | 281 | 282 | 285 | 278 | 271 | 543 | 543 | 543 | 543 | 543 |
Reserves | 9,699 | 13,025 | 19,410 | 23,943 | 27,109 | 32,664 | 36,108 | 41,095 | 50,724 | 59,370 | 61,371 | 64,862 | 65,140 |
2,179 | 1,044 | 1,018 | 648 | 1,090 | 582 | 557 | 4,195 | 7,986 | 6,864 | 6,343 | 4,794 | 5,268 | |
6,320 | 8,191 | 9,412 | 10,372 | 10,859 | 12,231 | 11,046 | 12,788 | 23,566 | 19,270 | 20,664 | 23,051 | 22,628 | |
Total Liabilities | 18,338 | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 93,579 |
6,453 | 6,753 | 7,444 | 8,275 | 9,716 | 15,235 | 18,753 | 22,888 | 37,490 | 37,145 | 35,077 | 34,619 | 35,834 | |
CWIP | 578 | 494 | 531 | 552 | 611 | 448 | 320 | 235 | 400 | 312 | 129 | 40 | 56 |
Investments | 673 | 713 | 662 | 869 | 698 | 1,306 | 2,660 | 2,305 | 7,066 | 6,862 | 6,351 | 5,495 | 5,583 |
10,633 | 14,440 | 21,343 | 25,548 | 28,315 | 28,773 | 26,256 | 32,921 | 37,863 | 41,728 | 47,364 | 53,096 | 52,106 | |
Total Assets | 18,338 | 22,399 | 29,980 | 35,245 | 39,341 | 45,762 | 47,989 | 58,349 | 82,819 | 86,047 | 88,921 | 93,250 | 93,579 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,418 | 4,492 | 6,457 | 5,539 | 3,823 | 8,995 | 8,328 | 8,971 | 13,359 | 19,618 | 16,900 | 18,009 | |
-1,026 | -2,361 | -4,842 | -2,088 | -2,208 | -3,890 | -2,236 | -3,256 | -12,332 | -5,665 | 1,597 | -3,573 | |
-1,239 | -2,086 | -1,308 | -3,140 | -2,237 | -4,517 | -5,714 | -1,471 | -3,168 | -11,192 | -14,508 | -15,881 | |
Net Cash Flow | 153 | 44 | 307 | 311 | -623 | 588 | 378 | 4,244 | -2,141 | 2,761 | 3,989 | -1,445 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 68 | 64 | 65 | 65 | 91 | 64 | 70 | 71 | 73 | 85 | 88 | 92 |
Working Capital Days | 9 | 15 | 10 | 29 | 64 | 38 | 59 | 49 | 27 | 52 | 48 | 47 |
ROCE % | 31% | 41% | 45% | 40% | 28% | 34% | 31% | 31% | 27% | 26% | 25% | 28% |
Documents
Announcements
- Conference Call On The Financial Results For The Quarter And Financial Year Ended March 31, 2024 2d
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Compliance Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015
16 Apr - Compliance certificate from a Practicing Company Secretary As per Regulation 40(9) of the SEBI (LODR) Regulations, 2015 for the period from April 01, 2023 to …
- Release: 'Hcltech Wins Google Cloud Awards For Global Talent Development, Industry Solution Services In Telecommunications And Cloud Migration Specialization' 10 Apr
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Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015
10 Apr - Compliance certificate under Regulation 7(3) of the SEBI (LODR), Regulations, 2015 for the period ended April 1, 2023 to March 31, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
Annual reports
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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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jan 2024TranscriptPPTREC
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Oct 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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Dec 2018TranscriptNotesPPT
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Oct 2015TranscriptPPT
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Aug 2015Transcript PPT
Segment wise revenue breakup FY22
IT and Business Services – 72%
Engineering and R&D services - 16%
Products & Platforms – 12% [1]