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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

Company snapshot

HCL Technologies Ltd.

Software Services
₹3.09 L cr
P/E 18.59×

Latest quarter · Mar 2026

Sales₹33,981 cr
Net profit₹4,490 cr
Op. margin+19.8%
EPS₹16.53

Strength & growth

Debt / equity0.03×
Current ratio2.22×
Sales CAGR+12.3%
EPS CAGR+9.0%

The timeline — 10 notes on HCL Technologies Ltd.

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.

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