This is a numbers-first look at HCL Technologies Ltd. (HCLTECH), covering income trends, margins, valuation, and shareholding.
HCL Tech Revenue Trend
Compared to ₹1,11,408 Cr in FY2024, HCL Technologies Ltd.'s FY2025 revenue of ₹1,17,055 Cr marks a 5.1% improvement.
HCL Technologies Ltd. has compounded revenue at 12.3% over 10 years — good, consistent top-line expansion from ₹36,701 Cr to ₹1,17,055 Cr.
HCL Technologies Ltd.'s ₹1,17,055 Cr revenue base puts it in the major bracket among computers - software companies in India.
It's been 9 years of continuous revenue growth for HCL Technologies Ltd. — a pattern worth noting.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹1,17,055 Cr | +5.1% |
| FY2024 | ₹1,11,408 Cr | +8.4% |
| FY2023 | ₹1,02,814 Cr | +18.6% |
| FY2022 | ₹86,718 Cr | +13.6% |
| FY2021 | ₹76,306 Cr | — |
View HCL Technologies Ltd.'s full 10-year revenue trend with CAGR analysis →
HCL Tech Profitability
At ₹17,399 Cr, HCL Technologies Ltd.'s FY2025 net profit was 10.8% ahead of FY2024.
Cost discipline paid off, with net profit margin expanding to 14.9% from 14.1%.
Diluted EPS stood at ₹64.09 in FY2025, compared to ₹57.86 in FY2024.
Is HCL Tech Undervalued
HCL Technologies Ltd. shares are currently trading at ₹1,377.00.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
HCL Tech Shareholding Pattern
At 60.9%, the promoter stake has been flat for the past 4 quarters.
The FII stake is at 14.9% as of June 2026, compared to 16.6% in the year-ago period.
Domestic institutions moved their stake up to 18.8% from 17.8% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 60.9% | 14.9% | 18.8% | 5.2% |
| Mar 2026 | 60.9% | 15.5% | 19.0% | 4.4% |
| Dec 2025 | 60.8% | 16.2% | 18.4% | 4.3% |
| Sep 2025 | 60.8% | 16.6% | 17.8% | 4.4% |
Track quarterly shareholding changes for HCL Technologies Ltd. →
HCL Tech Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹1,055.44B, up 5.8% YoY from ₹997.77B.
Cash & ST Investments accounts for 27.3% of the total, ahead of Intangibles & Goodwill (27.1%) and Receivables (24.5%).
Capital structure: 66.0% equity, 5.9% debt, 28.0% operating liabilities. Over the year, debt is up 9.0% and equity is up 2.1%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 287.62B |
| Receivables | 258.42B |
| Inventories | 1.33B |
| Property, Plant & Equipment | 45.60B |
| Investments | 910.00M |
| Intangibles & Goodwill | 286.55B |
| Other Assets | 175.01B |
| Category | Value |
|---|---|
| Equity | 696.73B |
| Short-term Debt | 35.68B |
| Long-term Debt | 27.08B |
| Trade Payables | 62.25B |
| Other Liabilities | 233.70B |
HCL Tech Investment Snapshot
Bringing the key threads together for HCL Technologies Ltd. (HCLTECH) as a computers - software investment opportunity.
Revenue of ₹1,17,055 Cr in FY2025, up 5.1% year-over-year.
Long-term revenue has been compounding at 12.3% annually over 10 years.
The company is profitable, with a net margin of 14.9% and net income of ₹17,399 Cr.
Unlock Full Analysis
See the full picture — Craytheon tracks 10 years of financial data with interactive charts, growth trends, and three valuation models for HCL Technologies Ltd..