HCL Technologies: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis
HCL Technologies Ltd. is a leading global technology company that provides a wide range of services and solutions to clients across various industries. In this article, we will analyze HCL Technologies Ltd. from a stock market perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.
HCL Technologies Share Price
The share price of HCL Technologies Ltd. is an important indicator of investor sentiment towards the company. The share price is influenced by various factors, such as the company's financial performance, global economic conditions, and market sentiment. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s share price and identify any trends or patterns. HCL Technologies Ltd.'s share price has been on an upward trend over the past few years, reflecting the company's strong financial performance and growth prospects.
HCL Technologies Share Price Overview
HCL Technologies is a prominent global IT services company that plays a critical role in the technology sector. The company's share price is a reflection of its market position and the trust investors place in its future growth and profitability. For anyone interested in the financial aspects of HCL Technologies, the share price section above the page serves as a valuable resource. It provides a summary of the current share price along with essential details such as the 52-week high and low, as well as the price range within the day, helping individuals get a quick overview of how the shares are performing in the market.
HCL Technologies Share Price History
Understanding the historical performance of HCL Technologies' shares can provide insights into its stability and growth patterns over the years. The share price chart available on the web page above offers an easy-to-understand visualization of the company's share price movements. This chart covers various time frames, such as the past week, month, six months, year, three years, and five years. By examining these trends, one can see how the company's market value has evolved in response to different economic conditions and business strategies.
HCL Technologies 52-Week Price Range
The 52-week high and low prices are critical markers for assessing the volatility and risk associated with HCL Technologies' shares. These markers indicate the highest and lowest prices at which the shares have been traded in the last year. Keeping an eye on this range can help individuals understand the broader price swings and the potential highs and lows that the shares could reach. This information is crucial for those monitoring the company’s performance closely, and it is conveniently updated in the share price section above the page.
HCL Technologies Daily Share Price Movements
The daily high and low prices of HCL Technologies' shares provide a snapshot of the stock's daily volatility and trading dynamics. This data is particularly useful for those who follow the company's performance on a day-to-day basis, as it reflects how external events or market sentiments are affecting the share price. The daily price movements can offer insights into the immediate impacts of market trends or news on the company. For the most current and detailed information regarding these daily changes, one can look at the regularly updated share price section above the page, which includes all the essential details for a comprehensive daily analysis.
HCL Technologies Balance Sheet:
HCL Technologies Ltd.'s balance sheet provides crucial information about its financial health. The company's assets include fixed assets, investments, and other assets. Liabilities include borrowings and other liabilities. Equity includes share capital, reserves, and surplus. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s balance sheet and identify any red flags. The company's balance sheet has remained strong over the years, with a healthy mix of assets and liabilities.
Equity and Liabilities
HCL’s share capital as on March 2024 is ?543 crore same as it was in the month of March 2020. The overall reserve of the company, however, has slightly down to ?38,927 crore by March 2024 from ?43,010 crore of March 2021 meaning that retained earnings or other comprehensive incomes of the company have reduced in the last few years. Frequently used debt sources have also significantly decreased from ?207 cr, in 2021 to ?26 cr in March 2024 showing better depletion in the company’s debt management plans.
HCL Reserves and Borrowings
The reserves were seen at the highest in March 2021 at ?43,010 crore but then began to deplete. It could mean paying a dividend, share repurchase or reinvestment to shareholders. This figure has been decreasing sharply over the years and going down further to ?26 crore by the end of March 2024 for borrowings which represent a lower level of external debt.
HCL Assets Overview
On the liability side-loans and advances of the banks have reduced gradually and on the asset side net block also has come down from ?22,643 crore of March 2020 to ?16,333 crore of March 2024 which shows that either assets are being depreciated or disposed off. They have, however, shown an improvement in liquidity where current assets have risen from ? 23,844 crore in March 2020 to ? 29,545 crore only in March 2024. Expenditures too continue to have been almost constant, hovering around ?5,000 crore of investments.
In order to conduct analysis for the above mentioned points the following data has been used on the HCL from the Standalone Balance Sheet. Analysts use some of this data to compute financial ratios which provide further information when conducting stock screening.
HCL Technologies Annual Report:
HCL Technologies Ltd. releases an annual report every year, which provides detailed information about the company's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Investors can download HCL Technologies Ltd.'s annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the company's operations and financial performance.
HCL Technologies Dividend:
HCL Technologies Ltd. regularly pays dividends to its shareholders. Dividends are a portion of the company's profits distributed to shareholders. Investors can use our pre-built screening tools to track HCL Technologies Ltd.'s dividend history and dividend yield. The company has a consistent track record of paying dividends to its shareholders, which is a positive sign for long-term investors.
HCL Technologies Quarterly Results:
HCL Technologies Ltd. releases its quarterly results every three months. These provide information about the company's revenue, earnings, and expenses. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the company's financial health and performance.
HCL Technologies Q1 FY25 Earnings Conference Call Highlights
- Revenue of HCL Technologies:
HCL Technologies reported revenue of ?28,057 Crores for Q1 FY25, reflecting a 5.6% increase YoY in constant currency terms. Despite this growth, the company saw a 1.6% decline QoQ, which aligns with historical trends, as Q1 has traditionally been a softer quarter for HCLTech. However, the YoY revenue growth remains industry-leading.
- Profitability of HCL Technologies:
HCL Tech’s operating margins stood at 17.1%, marking a 50 basis point decline QoQ and a 13 basis point increase YoY.
Segment Performance of HCL Technologies
- Services Business: Declined 1.9% QoQ, but grew 5.8% YoY.
- IT and Business Services: Increased by 5.3% YoY but dropped 1.5% QoQ.
- Engineering and R&D Services: Showed strong 8.4% YoY growth but declined 3.5% sequentially.
- HCL Software: Grew by 3.5% YoY and saw a 0.4% QoQ increase.
Verticals and Geographies Performance of HCL Technologies
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Geographic Growth:
Europe grew by 3% YoY, and America surged 8% YoY. However, the Rest of the World saw a 3.6% decline.
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Industry Verticals:
Telecom and Retail demonstrated robust growth of 69.2% YoY and 9.7% YoY, respectively.
Life Sciences and Healthcare segments declined by 4.1% YoY.
Key Business Highlights of HCL Technologies
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New Business Contracts:
HCLTech secured $2 billion in Total Contract Value (TCV) for new business bookings during the quarter.
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Digital Revenue Growth:
The digital revenue segment grew by 6.0% YoY and now contributes 37.4% of HCLTech’s overall services revenue.
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Return on Invested Capital (ROIC):
- Services ROIC over the last 12 months: 42.8%, a 4.8% YoY increase.
- Software ROIC remains steady at 16.1%.
- Overall company ROIC increased to 34.6%, up 3.5% YoY.
Generative AI (GenAI) Innovations at HCL Technologies
HCL Technologies is advancing its AI capabilities, particularly in Generative AI (GenAI). This specialized form of AI focuses on creating new ideas, content, and solutions.
A key development is the collaboration between Indegene and Microsoft to innovate in GenAI services across commercial, medical, regulatory, and clinical functions. Leveraging GenAI, the partnership aims to address key business challenges in the life sciences sector.
Furthermore, Indegene launched the ‘GenAI @ Work’ initiative, training over 5,000 employees on various aspects of Generative AI, thus enhancing automation, productivity, and innovation.
Guidance for FY25 by HCL Technologies
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Revenue Growth Forecast:
HCL Technologies expects revenue growth between 3.0% and 5.0% YoY in constant currency for FY25.
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EBIT Margin Projection:
The company anticipates an EBIT margin between 18.0% and 19.0%.
Workforce and ESG Initiatives at HCL Technologies
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Employee Headcount:
HCLTech’s total headcount stands at 219,401, with a net reduction due to recent divestitures.
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Sustainability Efforts:
HCLTech earned several accolades for its ESG initiatives, including the prestigious SAP Pinnacle Award in the Social Impact category.
HCL Technologies Stock Price:
HCL Technologies Ltd.'s stock price is affected by various factors, such as the company's financial performance, global economic conditions, and market sentiment. Investors can use our pre-built screening tools to track HCL Technologies Ltd.'s stock price and identify potential buying opportunities. The stock price of HCL Technologies Ltd. has been on an upward trend over the past few years, reflecting the company's strong financial performance and growth prospects.
HCL Technologies Price Chart:
A price chart provides a visual representation of a company's stock price over a period of time. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s price chart and identify any trends or patterns. The price chart shows that the stock price of HCL Technologies Ltd. has been on an upward trend over the past few years, reflecting the company's strong financial performance and growth prospects.
HCL Technologies News:
Keeping up to date with the latest news about HCL Technologies Ltd. is important for investors. Our website provides the latest news about HCL Technologies Ltd. from various sources, such as financial news websites and social media. Investors can use this information to make informed investment decisions.
HCL Technologies Concall:
HCL Technologies Ltd. holds conference calls with analysts and investors to discuss its financial performance and future plans. Investors can listen to HCL Technologies Ltd.'s concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.
HCL Technologies Transcripts:
Our website provides transcripts of HCL Technologies Ltd.'s concalls. Investors can download the transcripts and analyze the company's financial performance and future plans. The transcripts provide valuable insights into the company's operations and financial performance.
HCL Technologies Investor Presentations:
HCL Technologies Ltd. provides investor presentations on its website. These presentations provide information about the company's financial performance, strategic initiatives, and future plans. Investors can download HCL Technologies Ltd.'s investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the company's operations and financial performance.
HCL Technologies Promoters:
Promoters are individuals or entities that have a significant stake in a company. HCL Technologies Ltd.'s promoters include the founding family and other entities that hold a significant stake in the company. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s promoter holdings and identify any potential conflicts of interest. HCL Technologies Ltd.'s promoter holdings are relatively stable, which is a positive sign for long-term investors.
HCL Technologies Shareholders:
HCL Technologies Ltd. has a large number of shareholders, including institutional investors and individual investors. Investors can use our pre-built screening tools to analyze HCL Technologies Ltd.'s shareholder base and identify any potential risks or opportunities. The shareholder base of HCL Technologies Ltd. is diverse, which is a positive sign for long-term investors.
HCL Technologies ROCE
The Return on Capital Employed (ROCE) is an important ratio used to assess a company's profitability and efficiency in utilizing its capital. On our stock analysis page for HCL Technologies Limited, you can find the ROCE data for the company. ROCE is calculated by dividing the company's earnings before interest and taxes (EBIT) by its capital employed. This ratio provides insights into how well HCL Technologies is generating profits from its investments and indicates the company's ability to allocate its resources effectively.
HCL Technologies EBITDA
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. This financial metric is commonly used to evaluate a company's operating performance. On our stock analysis page for HCL Technologies Limited, you can find the company's EBITDA data. EBITDA helps analyze the company's profitability without including non-operating expenses and accounting for non-cash items. It showcases HCL Technologies' ability to generate earnings solely from its core operations.
HCL Technologies DPS
DPS, or Dividends Per Share, is a financial indicator that reflects the amount of cash a company distributes to its shareholders in the form of dividends. The DPS data for HCL Technologies Limited can be found on our stock analysis page. By examining the DPS figure, investors can gain insight into the company's dividend policy, its commitment to returning value to shareholders, and its financial stability. Tracking the DPS over time for HCL Technologies can provide key information for dividend-focused investors.
HCL Technologies EPS
EPS, or Earnings Per Share, is a crucial measure of a company's profitability. On our stock analysis page for HCL Technologies Limited, you can find the EPS data for the company. EPS represents the portion of a company's profit allocated to each outstanding share of its common stock. Investors often use EPS to assess a company's financial health and growth potential and compare it to other companies in the industry. By analyzing the EPS trend for HCL Technologies, investors can gain insights into the company's earnings performance and overall value.
Revenue Analysis for HCL Tech Q2FY25
Net sales of HCL Technology during the Q2FY25 was Rs 12,615 crore which demonstrated positive sales growth over net sales of Rs 11,784 crore for Q1FY25. This kind of revenue growth performance is evident of HCL Tech’s strong market standing and organizational flexibility that enables it to tap potential market shifts in the technology industry.
HCL Technology Company Ltd Profit and Margins Performance
The Q2FY25 PAT was up 29% to Rs 3,216 crore from Rs 2,479 crore in Q1FY25. Better gross margins show improved cost controls contributing to a better operating profit of Rs 4,621 crore against Rs 3,698 crore in the previous quarter.
Earning Reactions and HCL Tech Exceptional Items Influence for Q2 FY25
Except for HCL Tech there were no exceptional item earnings reported during this period which actually point to a more stable environment. The absence of such extraordinary expenses makes it possible to dissect the operational performance of the company.
Tech Interest & Depreciation Rate of HCL Technology for Q2 FY25
Interest costs for Q2FY25 were much lower at Rs 30 crore as compared to Rs 47 crore for Q1FY25 indicating better debt handling. Slightly lower depreciation expense at Rs 559 crore seems to somewhat reflect better asset management and investment in technology infrastructure.
This analysis has been derived after assessing HCL Tech’s standalone quarterly performance For this reason, investors have to be vigilant on industry factors and technology breakthroughs influencing companies in the NSE & BSE indices.