Hexaware Technologies Ltd

Hexaware Technologies Ltd

₹ 460 -0.47%
06 Mar - close price
About

Incoprorated in 1992, Hexaware Technologies Ltd provides AI based digital & technology solutions[1]

Key Points

Business Overview:[1]
HTL is a global digital and technology services company with artificial intelligence at its core. It uses technology to deliver AI based solutions through its suite of platforms and tools

  • Market Cap 28,101 Cr.
  • Current Price 460
  • High / Low 900 / 430
  • Stock P/E 19.4
  • Book Value 103
  • Dividend Yield 2.50 %
  • ROCE 30.0 %
  • ROE 24.9 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 18.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 49.9%
  • Debtor days have improved from 54.9 to 39.6 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
1,529 1,542 1,569 1,586 2,616 2,749 2,936 3,136 3,154 3,208 3,261 3,484 3,478
1,289 1,308 1,298 1,308 2,285 2,331 2,504 2,645 2,664 2,680 2,856 2,882 3,100
Operating Profit 240 234 271 277 331 418 431 491 490 528 404 601 378
OPM % 16% 15% 17% 18% 13% 15% 15% 16% 16% 16% 12% 17% 11%
2 44 -4 -6 10 10 30 11 24 4 160 10 102
Interest 3 11 15 13 7 10 12 23 21 22 21 26 31
Depreciation 36 52 64 57 94 60 69 74 76 74 75 89 124
Profit before tax 203 215 189 201 240 358 380 406 417 436 468 497 326
Tax % 17% 18% 19% 19% 20% 22% 28% 26% 23% 25% 19% 26% 10%
168 175 152 163 193 279 275 300 321 327 380 370 292
EPS in Rs 5.62 5.86 5.10 5.42 6.42 9.31 4.53 4.98 5.25 5.38 6.24 6.08 4.78
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
2,582 3,124 3,535 3,942 4,648 5,583 6,262 7,178 9,200 10,380 11,974 13,430
2,134 2,579 2,958 3,286 3,911 4,701 5,212 6,042 7,974 8,809 10,139 11,519
Operating Profit 448 545 577 656 736 881 1,050 1,136 1,226 1,572 1,835 1,911
OPM % 17% 17% 16% 17% 16% 16% 17% 16% 13% 15% 15% 14%
16 9 40 49 58 12 35 67 179 22 75 277
Interest 2 1 1 2 3 10 52 38 38 42 71 100
Depreciation 44 48 55 63 65 103 232 224 244 284 279 361
Profit before tax 418 505 560 641 727 779 800 941 1,123 1,268 1,560 1,727
Tax % 23% 22% 25% 22% 20% 18% 22% 20% 21% 21% 25% 21%
320 393 419 500 583 641 622 749 884 998 1,174 1,368
EPS in Rs 10.64 13.04 13.88 16.83 19.62 21.49 20.69 24.93 29.44 33.22 19.36 22.41
Dividend Payout % 89% 66% 40% 24% 43% 40% 17% 32% 75% 53% 45% 51%
Compounded Sales Growth
10 Years: 16%
5 Years: 16%
3 Years: 13%
TTM: 12%
Compounded Profit Growth
10 Years: 14%
5 Years: 19%
3 Years: 18%
TTM: 24%
Stock Price CAGR
10 Years: 6%
5 Years: %
3 Years: %
1 Year: -41%
Return on Equity
10 Years: 24%
5 Years: 23%
3 Years: 24%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Equity Capital 60 60 60 59 59 60 60 60 60 61 61 61
Reserves 1,230 1,373 1,681 1,948 2,332 2,706 3,176 3,728 4,063 4,574 5,296 6,255
0 0 0 0 0 143 236 374 456 394 574 681
463 587 570 538 742 1,260 1,666 1,511 1,934 2,173 3,063 3,908
Total Liabilities 1,754 2,021 2,311 2,545 3,133 4,169 5,138 5,674 6,514 7,202 8,994 10,905
514 533 479 541 574 2,038 2,478 2,391 2,588 2,454 3,760 5,130
CWIP 35 116 323 256 224 86 10 12 6 55 131 50
Investments 186 41 21 21 13 3 0 123 0 251 0 0
1,019 1,330 1,488 1,726 2,322 2,042 2,649 3,147 3,920 4,442 5,104 5,724
Total Assets 1,754 2,021 2,311 2,545 3,133 4,169 5,138 5,674 6,514 7,202 8,994 10,905

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
413 393 473 476 549 596 1,438 980 821 1,516 1,548 1,739
119 14 -197 -95 -8 -1,001 -416 -210 13 -284 -663 -996
-535 -314 -249 -280 -250 -169 -242 -602 -721 -750 -682 -831
Net Cash Flow -3 93 26 102 290 -573 780 167 113 482 203 -88

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Debtor Days 52 51 45 50 63 64 47 70 75 65 60 40
Inventory Days
Days Payable
Cash Conversion Cycle 52 51 45 50 63 64 47 70 75 65 60 40
Working Capital Days 16 19 26 36 35 18 2 9 8 0 -9 -12
ROCE % 34% 37% 35% 34% 33% 30% 27% 26% 26% 27% 30% 30%

Insights

In beta
Dec 2016Dec 2017Dec 2018Dec 2019Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue Contribution - Top 10 Customers
%

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Total Headcount
Number
Voluntary Attrition Rate (IT)
%
Number of $50M+ Clients
Number
IT Utilization Rate
%
Total Contract Value (RPO)
INR Million
Offshore Revenue Mix (IT Services)
%

Shareholding Pattern

Numbers in percentages

Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2025Jun 2025Sep 2025Dec 2025
62.66% 62.59% 62.52% 62.45% 62.44% 62.44% 62.34% 91.16% 74.71% 74.57% 74.55% 74.30%
17.17% 16.06% 16.76% 17.85% 16.97% 16.82% 14.03% 2.94% 10.59% 9.76% 8.31% 8.15%
10.94% 12.35% 11.88% 11.58% 12.41% 12.86% 13.12% 0.00% 9.06% 9.87% 11.13% 11.31%
9.23% 9.01% 8.84% 8.12% 8.17% 7.88% 10.51% 5.90% 5.65% 5.61% 5.99% 5.97%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.18% 0.01% 0.27%
No. of Shareholders 82,42780,49878,73379,59282,41280,89785,69060,4081,20,6001,09,8531,14,7191,11,984

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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