HCL Technologies Ltd.


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  • 1y
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Feb 22, 2018
Prev close: 941.05
Feb 22, 2018
Market cap:
Market cap(USD):
Shares: 1,392.20M

Currency in INR

Company profile

Market(Ticker): BOM(532281)
Technology Services
Information Technology Services
Full time employees: 115,973

Business summary

HCL Technologies Ltd. is a global information technology services company. It operates through the following segments: Software Services; Business Process Outsourcing Services; and Information Technology Services. The Software Services segment provides application development and maintenance, enterprise application, next generation software as a service application services, engineering, and research and development. The Business Process Outsourcing Services segment offers traditional contact centre and help desk services and the next generation services around platform business process as a service. The Information Technology Services segment relates to management services involving customer's information technology assets. The company was founded by Shiv Nadar on November 12, 1991 and is headquartered in Noida, India.

Company background

HCL Technologies is a major provider of IT services in India. It is logging rapid earnings growth while trying to catch up with the top three in the domestic sector. It has offices in more than 30 countries and over 100,000 workers on its payroll.

HCL group was established in 1976 in a garage where founder Shiv Nadar, who is now chairman, worked with friends. In 1978, it became the first in India to develop microcomputers. The group dealt mainly in hardware in the 1980s and 1990s but founded HCL Technologies in 1991, latching onto the growth of the nation's IT services industry.

The company's policy is to delegate considerable power to workers, who get active support from managers. It has institutionalized a system that gives lower-ranking employees the opportunity to contribute ideas; the company credits this with fueling growth.

HCL Technologies' leading shareholder is an investment firm, of which Shiv Nadar is an executive. The investment company and the group's holding company together own nearly 60% of HCL Technologies.

The holding company also presides over HCL Infosystems, a listed business that sells hardware.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 475,675.3M
Gross profit 135,531.5M
Operating income 96,047.4M
Income before tax 105,398.5M
Net income 86,063.3M
EBITDA 104,328.7M
Diluted EPS 60.27
Dividends per share 24
Total assets 460,794.1M
Total liabilities 129,570.3M
Total equity 329,498.5M
Operating cash flow 98,305.4M

Currency in INR

Revenue 7,093.58M
Gross profit 2,021.13M
Operating income 1,432.32M
Income before tax 1,571.77M
Net income 1,283.43M
EBITDA 1,555.81M
Diluted EPS 0.89
Dividends per share 0.35
Total assets 7,096.23M
Total liabilities 1,995.38M
Total equity 5,074.28M
Operating cash flow 1,465.99M

Currency in USD

Valuation measures

Mar 2017

PER 14.47
ROA 20.13%
ROE 28.52%
Operating margin 20.19%
Profit margin 18.09%

Key executive

  • Chairman, MD & Chief Strategy Officer: Shiv Nadar
  • President & Chief Executive Officer: C. Vijayakumar
  • Chief Financial Officer: Anil Kumar Chanana
  • CTO & EVP-Information Technology Services: Kalyan Kumar B.
  • Chief Technologist & Vice President: Vikram Duvvoori

Share holders

  • Vama Sundari Investments (Delhi) Pvt Ltd.(42.2%)
  • NADAR SHIV(16.8%)
  • ICICI Prudential Asset Management Co. Ltd.(2.0%)
  • Life Insurance Corp. of India(1.5%)
  • Artisan Partners LP(1.4%)
  • BlackRock Fund Advisors(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.2%)
  • Lazard Asset Management LLC(1.1%)
  • SBI Funds Management Pvt Ltd.(1.0%)


  • Website:
  • Address: Plot No. 3A, Sector 126, Noida, 201304, India
  • Phone: +91.12.06125000

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