ALFA Finder| Management target | Revenue 4.0% FY27 |
|---|
| Revenue growth | 2.6% YoY in constant currency. |
|---|---|
| Margins | EBIT margin 16.9%; guided 17.5%-18.5% for full year. |
| Order book | $2.4B TCV in Q1, highest ever for a first quarter. |
| Demand visibility | Strong pipeline; net new TCV booking at $2.4B. |
| Management confidence | High in AI-led transformation and 'AI Force' platform adoption. |
Growth
Revenue grew 2.6% YoY CC, though declined 0.5% QoQ. Services revenue rose 3.5% YoY. Net income stood at $488M.
Outlook
Retained FY27 revenue guidance of 1%–4% CC and EBIT margin guidance of 17.5%–18.5%. Strategic entry into AI data center business.
Risks
Seasonal productivity commitments and sharp discretionary spending cuts in two large US telecom clients impacted Engineering and R&D services.
Last quarter's promises, checked
Delivered
- Guided Q1 seasonality → delivered usual Q1 seasonality (= BEAT)
- Guided mega deal ramp-up on track → delivered growth offset headwinds (= BEAT)
Partly delivered
- Guided FY27 revenue 1%-4% CC → delivered 2.6% YoY CC in Q1 (= PARTIAL)
Missed
- Guided 17.5%-18.5% EBIT margin → delivered 16.9% (= MISS)
Earnings Call filed with BSE, NSE: HCLTECH. Summary written with AI assistance from the document.
HCL Technologies Ltd: key numbers
- Share price
- ₹1,395.00
- Market cap
- ₹3,78,556 Cr
- Revenue (annual)
- ₹1,30,144 Cr
- Net profit (annual)
- ₹16,642 Cr
- P/E (TTM)
- 20.7×Sector 23.6×
- Promoter holding
- 60.88%+0.00% QoQ
- FII holding
- 15.32%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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