Valuation HCL Technologies Limited

Equities

HCLTECH

INE860A01027

IT Services & Consulting

Market Closed - NSE India S.E. Other stock markets 06:49:32 2025-01-15 am EST			5-day change	1st Jan Change
1,825.70 ^INR	+0.67%		-4.71%	-4.78%

Jan. 14	Global markets live: Google, Apple, Eli Lilly, Nvidia, BP plc...
Jan. 14	Indian Equities Rebound on Tuesday, Aided by Easing Retail Inflation	MT

Company Valuation: HCL Technologies Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,184,243	2,666,583	3,151,627	2,938,146	4,179,869	4,945,304	-	-
Change	-	125.17%	18.19%	-6.77%	42.26%	18.31%	-	-
Enterprise Value (EV) ¹	1,119,721	2,549,528	2,969,664	2,759,766	3,965,499	4,699,736	4,655,954	4,623,578
Change	-	127.69%	16.48%	-7.07%	43.69%	18.52%	-0.93%	-0.7%
P/E ratio	10.1x	21.1x	22.9x	19.8x	26.7x	28.6x	26.2x	23.4x
PBR	2.29x	5.21x	5.07x	4.5x	6.12x	7.15x	6.94x	6.71x
PEG	-	2.76x	2.51x	2.49x	4.77x	2.8x	2.81x	2x
Capitalization / Revenue	1.57x	3.49x	3.6x	2.9x	3.8x	4.23x	3.87x	3.53x
EV / Revenue	1.49x	3.34x	3.39x	2.72x	3.61x	4.02x	3.65x	3.3x
EV / EBITDA	6.47x	12.5x	14.2x	12.2x	16.4x	18.4x	16.4x	14.8x
EV / EBIT	8.06x	15.6x	18x	14.9x	19.8x	21.9x	19.4x	17.3x
EV / FCF	9.98x	14.5x	19.1x	16.9x	18.5x	27.4x	24.8x	21.6x
FCF Yield	10%	6.88%	5.24%	5.92%	5.4%	3.65%	4.04%	4.63%
Dividend per Share ²	7	10	44	48	52	57.84	59.79	65.69
Rate of return	1.6%	1.02%	3.78%	4.42%	3.37%	3.17%	3.27%	3.6%
EPS ²	43.21	46.51	50.76	54.79	57.86	63.86	69.8	78.05
Distribution rate	16.2%	21.5%	86.7%	87.6%	89.9%	90.6%	85.7%	84.2%
Net sales ¹	753,187	764,137	874,825	1,014,560	1,099,130	1,168,726	1,276,247	1,400,917
EBITDA ¹	173,160	203,631	209,524	226,280	242,000	256,046	284,047	313,298
EBIT ¹	138,960	163,211	165,314	184,830	200,270	214,693	239,566	266,586
Net income ¹	117,778	126,223	137,684	148,510	157,020	173,489	189,942	212,486
Net Debt ¹	-64,522	-117,055	-181,963	-178,380	-214,370	-245,569	-289,351	-321,726
Reference price ²	436.40	982.65	1,163.75	1,085.25	1,543.55	1,825.70	1,825.70	1,825.70
Nbr of stocks (in thousands)	2,713,665	2,713,665	2,708,165	2,707,345	2,707,958	2,708,717	-	-
Announcement Date	5/7/20	4/23/21	4/21/22	4/20/23	4/26/24	-	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
HCL TECHNOLOGIES LIMITED	28.42x	3.99x	18.24x	+3.20%	56.77B
ACCENTURE PLC	27.25x	3.13x	16.17x	+1.66%	218B
IBM	29.73x	3.84x	15.08x	+3.06%	201B
TATA CONSULTANCY SERVICES LTD.	31.1x	5.78x	21.6x	+2.71%	177B
AUTOMATIC DATA PROCESSING, INC.	29.34x	5.58x	19.16x	+2.04%	119B
INFOSYS LIMITED	30.41x	4.72x	19.73x	+2.59%	92.86B
CROWDSTRIKE HOLDINGS, INC.	1030.53x	20.89x	81.24x	-.--%	85.73B
RELX PLC	35.46x	7.97x	20.38x	+1.66%	85.1B
THE TRADE DESK, INC.	155.91x	22.72x	54.54x	-.--%	57.63B
SNOWFLAKE INC.	-42.97x	14.23x	149.09x	-.--%	53.94B
Average	135.52x	9.28x	41.52x	+1.69%	114.75B
Weighted average by Cap.	107.53x	7.28x	30.86x	+1.97%