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HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments; IT and Business Services, Engineering and R&D Services, and HCl Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from America and the rest from Europe, India, and the Rest of the world.
1991
119.0K+
LTM Revenue $13.7B
LTM EBITDA $3.0B
$41.1B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
HCLTech has a last 12-month revenue of $13.7B and a last 12-month EBITDA of $3.0B.
In the most recent fiscal year, HCLTech achieved revenue of $12.8B and an EBITDA of $3.0B.
HCLTech expects next 12-month revenue of XXX and NTM EBITDA of XXX
See HCLTech valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $11.8B | $12.8B | XXX | XXX | XXX |
| Gross Profit | $4.3B | $5.1B | XXX | XXX | XXX |
| Gross Margin | 37% | 40% | XXX | XXX | XXX |
| EBITDA | $2.8B | $3.0B | XXX | XXX | XXX |
| EBITDA Margin | 24% | 23% | XXX | XXX | XXX |
| Net Profit | $1.6B | $1.7B | XXX | XXX | XXX |
| Net Margin | 13% | 14% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, HCLTech's stock price is INR 1391 (or $16).
HCLTech has current market cap of INR 3.77T (or $43.8B), and EV of INR 3.54T (or $41.1B).
See HCLTech trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $41.1B | $43.8B | XXX | XXX | XXX | XXX | $0.75 |
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Sign UpAs of April 15, 2025, HCLTech has market cap of $43.8B and EV of $41.1B.
HCLTech's trades at 3.0x LTM EV/Revenue multiple, and 13.8x LTM EBITDA.
Analysts estimate HCLTech's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for HCLTech and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $41.1B | XXX | XXX | XXX |
| EV/Revenue | 3.1x | XXX | XXX | XXX |
| EV/EBITDA | 13.8x | XXX | XXX | XXX |
| P/E | 22.3x | XXX | XXX | XXX |
| P/E/Growth | 2.3x | XXX | XXX | XXX |
| EV/FCF | 20.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpHCLTech's NTM/LTM revenue growth is 8%
HCLTech's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $24K for the same period.
Over next 12 months, HCLTech's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate HCLTech's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for HCLTech and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 30% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $24K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 1% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 22% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Ctac | XXX | XXX | XXX | XXX | XXX | XXX |
| Mastech Digital | XXX | XXX | XXX | XXX | XXX | XXX |
| Atturra | XXX | XXX | XXX | XXX | XXX | XXX |
| Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
HCLTech acquired XXX companies to date.
Last acquisition by HCLTech was XXXXXXXX, XXXXX XXXXX XXXXXX . HCLTech acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was HCLTech founded? | HCLTech was founded in 1991. |
| Where is HCLTech headquartered? | HCLTech is headquartered in India. |
| How many employees does HCLTech have? | As of today, HCLTech has 119.0K+ employees. |
| Who is the CEO of HCLTech? | HCLTech's CEO is Mr. C. Vijayakumar. |
| Is HCLTech publicy listed? | Yes, HCLTech is a public company listed on NSE. |
| What is the stock symbol of HCLTech? | HCLTech trades under HCLTECH ticker. |
| When did HCLTech go public? | HCLTech went public in 2000. |
| Who are competitors of HCLTech? | Similar companies to HCLTech include e.g. , Ctac, Mastech Digital, Atturra. |
| What is the current market cap of HCLTech? | HCLTech's current market cap is $43.8B |
| What is the current revenue of HCLTech? | HCLTech's last 12-month revenue is $13.7B. |
| What is the current EBITDA of HCLTech? | HCLTech's last 12-month EBITDA is $3.0B. |
| What is the current EV/Revenue multiple of HCLTech? | Current revenue multiple of HCLTech is 3.0x. |
| What is the current EV/EBITDA multiple of HCLTech? | Current EBITDA multiple of HCLTech is 13.8x. |
| What is the current revenue growth of HCLTech? | HCLTech revenue growth between 2023 and 2024 was 8%. |
| Is HCLTech profitable? | Yes, HCLTech is EBITDA-positive (as of the last 12 months). |
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