HCL Technologies Ltd Share Price ₹1,110

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of HCL Technologies Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	26,606	26,296	26,672	28,446	28,499	28,057	28,862	29,890	30,246	30,349	31,942	33,872	33,981
Expenses +	20,743	20,931	20,743	21,659	22,382	22,264	22,493	23,030	23,764	24,314	25,397	26,460	27,269
Operating Profit	5,863	5,365	5,929	6,787	6,117	5,793	6,369	6,860	6,482	6,035	6,545	7,412	6,712
OPM %	22%	20%	22%	24%	21%	21%	22%	23%	21%	20%	20%	22%	20%
Other Income +	453	344	365	370	416	1,103	456	477	449	456	415	-571	322
Interest	94	86	156	140	171	191	131	166	156	209	215	205	240
Depreciation	1,027	927	1,010	1,143	1,093	998	1,007	1,039	1,040	1,093	1,043	1,127	1,092
Profit before tax	5,195	4,696	5,128	5,874	5,269	5,707	5,687	6,132	5,735	5,189	5,702	5,509	5,702
Tax %	23%	25%	25%	26%	24%	25%	26%	25%	25%	26%	26%	26%	21%
Net Profit +	3,981	3,531	3,833	4,351	3,995	4,259	4,237	4,594	4,309	3,844	4,236	4,082	4,490
EPS in Rs	14.68	13.02	14.12	16.03	14.69	15.69	15.61	16.92	15.87	14.16	15.61	15.02	16.54

Financials of HCL Technologies Ltd

Annual income statement trend

	Jun 2015	Mar 2016 9m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	36,701	31,136	47,568	50,569	60,427	70,676	75,379	85,651	101,456	109,913	117,055	130,144
Expenses +	28,215	24,482	37,178	39,323	46,501	53,360	55,331	65,122	78,828	85,715	91,551	103,392
Operating Profit	8,486	6,654	10,390	11,246	13,926	17,316	20,048	20,529	22,628	24,198	25,504	26,752
OPM %	23%	21%	22%	22%	23%	24%	27%	24%	22%	22%	22%	21%
Other Income +	1,126	871	1,069	1,230	943	589	927	1,067	1,358	1,495	2,485	574
Interest	91	74	89	69	174	505	511	319	353	553	644	869
Depreciation	404	410	828	1,383	2,073	3,420	4,611	4,326	4,145	4,173	4,084	4,355
Profit before tax	9,117	7,041	10,542	11,024	12,622	13,980	15,853	16,951	19,488	20,967	23,261	22,102
Tax %	20%	20%	18%	21%	20%	21%	30%	20%	24%	25%	25%	25%
Net Profit +	7,342	5,602	8,606	8,722	10,120	11,057	11,169	13,523	14,845	15,710	17,399	16,652
EPS in Rs	26.02	19.86	30.16	31.32	37.31	40.75	41.07	49.74	54.73	57.86	64.08	61.33
Dividend Payout %	58%	40%	40%	19%	11%	25%	24%	84%	88%	90%	94%	88%

Financials of HCL Technologies Ltd

Capital structure and asset base

	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	281	282	285	278	271	543	543	543	543	543	543	543
Reserves	23,943	27,109	32,664	36,108	41,095	50,724	59,370	61,371	64,862	67,720	69,112	74,622
Borrowings +	648	1,090	582	557	4,195	7,986	6,864	6,343	4,794	5,758	6,276	5,215
Other Liabilities +	10,372	10,859	12,231	11,046	12,788	23,566	19,270	20,664	23,051	24,985	28,549	35,878
Total Liabilities	35,245	39,341	45,762	47,989	58,349	82,819	86,047	88,921	93,250	99,006	104,480	116,258
Fixed Assets +	8,275	9,716	15,235	18,753	22,888	37,490	37,145	35,077	34,619	35,063	36,172	37,379
CWIP	552	611	448	320	235	400	312	129	40	108	59	60
Investments	869	698	1,306	2,660	2,305	7,066	6,862	6,351	5,495	7,137	7,564	7,090
Other Assets +	25,548	28,315	28,773	26,256	32,921	37,863	41,728	47,364	53,096	56,698	60,685	71,729
Total Assets	35,245	39,341	45,762	47,989	58,349	82,819	86,047	88,921	93,250	99,006	104,480	116,258

Financials of HCL Technologies Ltd

Operating, investing and financing cash movement

	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	5,539	3,823	8,995	8,328	8,971	13,359	19,618	16,900	18,009	22,448	22,261	19,975
Cash from Investing Activity +	-2,088	-2,208	-3,890	-2,236	-3,256	-12,332	-5,665	1,597	-3,573	-6,608	-4,896	-1,473
Cash from Financing Activity +	-3,140	-2,237	-4,517	-5,714	-1,471	-3,168	-11,192	-14,508	-15,881	-15,464	-18,561	-19,369
Net Cash Flow	311	-623	588	378	4,244	-2,141	2,761	3,989	-1,445	376	-1,196	-867
Free Cash Flow	4,338	3,074	5,184	3,007	5,537	11,530	17,865	15,345	16,565	21,432	21,178	18,576
CFO/OP	86%	79%	106%	95%	83%	92%	115%	99%	96%	110%	104%	90%

Financials of HCL Technologies Ltd

Working capital efficiency and return ratios

	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	65	91	64	70	71	73	85	88	92	85	81	66
Inventory Days
Days Payable
Cash Conversion Cycle	65	91	64	70	71	73	85	88	92	85	81	66
Working Capital Days	25	62	38	58	44	14	48	44	43	31	17	43
ROCE %	40%	28%	34%	31%	31%	27%	26%	25%	28%	30%	32%	31%