Tipsheet
What matters at India’s listed companies
Notes / Company

HCL Technologies Ltd.

HCLTECH BSE 532281 ISIN INE860A01027 IT - Software

Fundamentals

Market cap
₹2.99 lakh cr
P/E
17.95×
ROE
24.97%
Debt / equity
0.03
Div yield
5.39%
52-week range
1089.50 — 1780.10
Research on Tijori Finance

Analysis — the numbers vs the call

Company snapshot

HCL Technologies Ltd.

Software Services
₹3.27 L cr
P/E 18.75×

Latest quarter · Jun 2026

Sales₹34,579 cr
Net profit₹4,626 cr
Op. margin+19.9%
EPS₹17.03

Strength & growth

Debt / equity0.03×
Current ratio2.22×
Sales CAGR+12.2%
EPS CAGR+9.1%

The timeline — 17 notes on HCL Technologies Ltd.

July 2026

  1. 16 Jul 26 · 3:46 PM IST Brief
    Brief · Mega cap

    HCLTech to buy Guardian India ops for $10.5M, in 7-year AI deal

    HCLTech will acquire Guardian Life's Indian GCC with 2,000 employees for $10.5 million as part of a seven-year AI modernization contract. The deal adds ₹579 crore annual revenue but is modest for HCLTech's scale.

  2. 15 Jul 26 · 10:32 PM IST Brief
    Brief · Earnings · Mega cap

    HCLTech Q1 transcript filed, no new data

    Routine compliance filing of earnings call verbatim. All material numbers and strategic commentary were already public from the live call and prior releases.

  3. 13 Jul 26 · 9:31 PM IST Brief
    Brief · Concalls · Mega cap

    HCLTech's full-stack AI bet: record $2.4B bookings, ₹3,500 cr

    CEO says the real opportunity is owning AI infrastructure, not just renting it. Advanced AI revenue surged 62%, but E&D segment slipped on US telecom cuts.

  4. 13 Jul 26 · 6:22 PM IST Lead
    Lead · Mega cap

    HCLTech to invest ₹3,500 cr in AI data centers, enters full-stack AI market

    The investment, about 1.1% of market cap, will fund up to 50MW capacity and complements existing cloud and design capabilities.

  5. 13 Jul 26 · 5:50 PM IST Brief
    Brief · Earnings · Mega cap

    HCLTech Q1 net up 20%, record $2.4B bookings, AI revenue jumps 62%

    Revenue grows 13.9% to ₹34,579 cr; interim dividend ₹12. FY27 guidance unchanged.

  6. 13 Jul 26 · 5:47 PM IST Brief
    Brief · Earnings · Mega cap

    HCLTech Q1 revenue rises 14%, net profit climbs to ₹4,624 cr; ₹12 dividend maintained

    Revenue of ₹34,579 crore, net profit up from ₹3,843 crore. Interim dividend of ₹12 per share with record date 17 July.

  7. 13 Jul 26 · 5:39 PM IST Brief
    Brief · Earnings · Mega cap

    HCL Tech Q1 revenue up 14%, profit rises 20%, declares ₹12 dividend

    June quarter delivers consistent double-digit growth; interim dividend of ₹12 per share set; results in line with market expectations.

  8. 03 Jul 26 · 7:38 AM IST Brief
    Brief · Mega cap

    HCLTech lands $1.14B AI deal with Fortune 50 firm

    The net new contract runs from 2026 to 2031, but at roughly 1.4% of annual revenue, it won't materially move the needle for the $14.7B IT services giant.

June 2026

  1. 25 Jun 26 · 8:43 AM IST Brief
    Brief · Mega cap

    HCLTech teams up with Google Cloud, ServiceNow on AI agents

    The expanded collaboration builds on HCLTech's Gemini unit, but no revenue impact or order value was disclosed, routine for a $14.7B firm.

  2. 24 Jun 26 · 4:30 PM IST Brief
    Brief · Mega cap

    HCLTech-Nokia AI network deal: another no-number partnership

    Four new rApps on Nokia's marketplace, but no disclosed revenue or contract value. For a $14.7B firm, this is portfolio-building, not earnings-moving.

  3. 24 Jun 26 · 4:18 PM IST Brief
    Brief · Mega cap

    HCLTech lands Neste as client; no deal value disclosed

    World's top sustainable fuel producer picks HCL for IT consolidation. For a ₹3 lakh-cr firm, it's a branding win, not a revenue catalyst.

  4. 23 Jun 26 · 4:01 PM IST Brief
    Brief · Mega cap

    HCLTech joins TM Forum AI framework, no revenue disclosed

    HCLTech, along with Circles and Greyskies, will co-develop an AI-powered multi-agent framework for autonomous network operations. Partners include Circles.Life, KDDI, Orange, TELUS. No financial terms.

  5. 18 Jun 26 · 4:52 PM IST Brief
    Brief · Mega cap

    HCLTech opens AI lab with Intel, no financials disclosed

    The Chennai facility lets enterprises test AI Force and VisionX 2.0 on Intel Xeon 6 and Core Ultra hardware. No investment, order, or revenue target was mentioned.

  6. 17 Jun 26 · 3:11 PM IST Brief
    Brief · Mega cap

    HCLTech inks VW software deal; no money said

    Multi-year partnership with Volkswagen's e.solutions to build infotainment and connectivity software. But financial terms are undisclosed, making it a routine ecosystem move for a $14.7B IT giant.

  7. 15 Jun 26 · 6:02 PM IST Brief
    Brief · Mega cap

    HCLTech invests ₹1,427 cr for 10.46% in sovereign AI startup Sarvam AI

    The investment gives HCL a toehold in frontier AI models built in India, but at just 0.47% of its market cap, it is a strategic bet, not a financial needle-mover.

  8. 08 Jun 26 · 5:24 PM IST Brief
    Brief · Mega cap

    HCLTech opens a Google Cloud AI lab in Santa Clara.

    The facility lets clients build on Gemini Enterprise, but there's no money attached.

Verify on exchange BSE filings for HCLTECH NSE filings for HCLTECH Tijori Finance company page