HCL Technologies Stock Price - ₹1,319.00 | Information Technology

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Company insights, generated from the most recent coverage.

Acquisition of ASAP Group (€251M, ~1.6x revenue) focuses on enhancing automotive engineering capabilities in Germany rather than pursuing broad market dominance.
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Scheduled appearances at Axis Capital and Jefferies conferences in September — typically generates pre-event buying interest and signals management confidence.
Announced GCC partnership with Wacker Chemie for engineering and digital services — signals continued deal momentum in the high-growth GCC segment.

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The Quarter story

The two most recent quarterly results, compared side-by-side.

HCL Technologies delivers steady revenue and margin growth while actively reducing debt and diversifying its client base, though cash flow conversion and software segment profitability face seasonal headwinds.

Revenue grows from ₹30,349 Cr in Q1 FY26 to ₹34,579 Cr in Q1 FY27, confirming steady top-line expansion.

Free cash flow eases from ₹5,726 Cr in Q3 FY26 to ₹2,623 Cr in Q1 FY27, reflecting seasonal working capital cycles.

Borrowings drop from ₹2,293 Cr in Q1 FY26 to ₹151 Cr in Q1 FY27, signaling major debt reduction.

HCLSoftware EBIT margin falls from 35.0% in Q3 FY26 to 17.6% in Q1 FY27, indicating seasonal software profitability pressure.

Top 10 client revenue share falls from 20.2% in Q1 FY26 to 18.7% in Q1 FY27, reducing concentration risk.

Unbilled receivables surge from ₹6,661 Cr in Q1 FY26 to ₹9,216 Cr in Q1 FY27, tracking accelerated project delivery.

IT & Business Services EBIT margin rises from 15.1% in Q1 FY26 to 17.0% in Q1 FY27, driving core profitability.

Engineering & R&D EBIT margin declines from 17.7% in Q1 FY26 to 15.6% in Q1 FY27, reflecting rising delivery costs.

Basic EPS climbs from ₹62.64 in Q1 FY26 to ₹67.03 in Q1 FY27, reflecting consistent earnings growth.

Net headcount additions drop from -269 in Q1 FY26 to -3,292 in Q1 FY27, showing deliberate workforce optimization.

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In the news

ONGC, Infosys, Cipla among stocks to watch on September 2

HCLTech ex-CEO slams AI layoffs as Indian IT firms eye growth recovery

HCLTech establishes Wacker Chemie global capability centre in Pune

Subcontracting Costs Surge as Indian IT Navigates AI Demand and Visa Uncertainty

India's Services Export Sector: AI Transformation and External Sector Risks

AI Deflation Squeezes Indian IT Margins as Clients Demand Deep Discounts

HCL Tech expands NetApp collaboration for hybrid cloud STaaS

TCS, HCLTech deny data breach claims after threat alerts - Business Standard

HCL Tech shares fall 2.21% despite record Q1 results and AI momentum

HCLTech faces $50M Google contract cut amid AI transformation

HCL Technologies completes HPE Telco Solutions acquisition for $160M

HCLTech's $50M Google Hit: AI Consolidation Tests IT Giant's Resilience

HCLTech completes Guardian India acquisition for ₹101 crore

The Great AI Divide: How India's IT Giants Are Betting Differently on the Future

Indian IT's Tactical Rebound: Why Cooling AI Trade Is Driving FPIs Back to Infosys, Coforge

HCLTech Employees Chant 'We Want Hike' During CEO's Anniversary Speech

HCLTech Shares Fall 3.55% Despite Strong AI Growth and Revenue Rise

India's IT Giants: AI Battle for Survival in Weak Macro Times

HCLTech shares rise 2.5% on Odisha tech center expansion plan

HCLTech Hits 3-Month High, Rallies 24% from July Low

HCL Technologies

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About the company

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