#NSE0070– HCLTech: Supercharging Progress | Digital, Engineering and Cloud
HCL Technologies Ltd (HCL Tech) is a global technology company employing over 227,000 people across 60 countries. The company offers industry-leading capabilities in digital, engineering, cloud, and AI, supported by a broad portfolio of technology services and products. HCLTech serves clients in all major verticals, providing specialized industry solutions in:
- Financial Services
- Manufacturing
- Life Sciences and Healthcare
- Technology and Services
- Telecom and Media
- Retail and Consumer Packaged Goods (CPG)
- Public Services
HCLTech aims to supercharge progress for its clients through innovative solutions and strategic partnerships, driving digital and technological transformations across various industries.
Shareholding Pattern of HCL Technologies Ltd (March 2024)
- Promoters: 60.82%
- Foreign Institutional Investors (FIIs): 19.65%
- Domestic Institutional Investors (DIIs): 14.95%
- Public: 4.35%
FY 2024 Highlights for HCL Technologies Ltd
- INR Revenue: ₹109,913 Crore, an increase of 8.3%
- Constant Currency (CC) Revenue: Up by 5.0%
- USD Revenue: $13,270 million, an increase of 5.4%
- HCLTech Services CC Revenue: Up 5.4%, driven by:
- Financial Services: Up 12.1%
- Digital CC Revenue: Up 5.3%, contributing 37.3% of Services
FY 2024 Profitability & Return Metrics for HCL Technologies Ltd
- EBIT: ₹20,027 Crore (18.2% of revenue), up 8.4%
- Net Income: ₹15,702 Crore (14.3% of revenue), up 5.7%
- EPS (Diluted): ₹57.86, up 5.6%
- ROIC:
- Company: 33.8%, up 341 basis points
- Services: 41.6%, up 430 basis points
- Operating Cash Flow (OCF): $2,711 million, up 21.6%
- Free Cash Flow (FCF): $2,584 million, up 27.7%
- OCF to Net Income Ratio: 143%
- FCF to Net Income Ratio: 136%
- Full Year Dividend: ₹52 per share, with a payout ratio of 89.6% for FY 2024
FY 2024 People Metrics for HCL Technologies Ltd
- Total People Count: 227,481
- Net Addition: 1,537
- Freshers Added: 12,141
- LTM (Last Twelve Months) Attrition: 12.4%
- Down from 19.5% in Q4 of the previous year
FY 2025 Guidance for HCL Technologies Ltd
- Company CC Revenue Growth: Expected to be between 3.0% – 5.0% year-over-year
- Services CC Revenue Growth: Expected to be between 3.0% – 5.0% year-over-year
- EBIT Margin: Expected to be between 18.0% – 19.0%
Key Deal Wins in Q4 FY24 for HCL Technologies Ltd
- Total Large Deals Won: 21
- Services: 13 deals
- Software: 8 deals
- Industries: Deals spanned across various industries
Analyst Recognitions in Q4 FY24 for HCL Technologies Ltd
- Leadership Positions Received: 55+
- Significance: These recognitions reinforce HCLTech’s credentials as a preferred partner for large enterprises in their cloud and digital transformation journeys.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
