HCL Tech share price today

HCL Technologies Ltd's share price was ₹1,440.00 at the close on 6 November 2026. It has been falling for 35 weeks. That is 7.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,034 and ₹1,707, and at that close it sat 60% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today HCL Technologies Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 17 weeks in a row.

Over the last 11 years the share price moved +250% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), highest quarterly profit in 16 quarters and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹35,620 crore, +11.5% on a year earlier.

   Why: Revenue rose because business in India and the Rest of World grew fast, while Europe was flat and the US grew only a little.

   Next results: check whether the advanced AI pipeline turns into steady implementation and product revenue.

   From the earnings call on 12 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹5,132 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because the company kept more of each rupee of sales after costs, helped by cost savings and more high-margin AI work.

   Next results: check whether higher-margin AI work keeps lifting profit.

   From the earnings call on 12 Oct 2026.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹35,620 crore in the September 2026 quarter is the highest of the last 16 quarters.

HCL Tech paid ₹60 a share in regular dividends in the 12 months to 7 November 2026 (4 payments), a yield of 4.17% at the ₹1,440.00 close on 6 November 2026. The last was an interim dividend of ₹12 a share, ex-date 16 October 2026.

HCL Tech dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. HCL Technologies Ltd paid out 88% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 7 November 2026.

For July to September 2026 (the quarter ended 30 September 2026), HCL Tech reported revenue of ₹35,620 crore, up 11.5% from ₹31,942 crore a year earlier, and a profit of ₹5,132 crore, up 21.2% from ₹4,236 crore.

HCL Tech results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

HCL Tech's management discussed these results on a call held on 12 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

HCL Tech closed at ₹1,440.00 on 6 November 2026, down 4.8% from ₹1,512.40 a year earlier (7 November 2025) and up 21.7% over five years. Its highest weekly close since March 2016 was ₹1,995.10 on 10 January 2025.

HCL Tech share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 6 November 2026.

6 Nov 2026: HCL Tech closed at ₹1,440.00, up 0.8% on the week and up 18.4% on the month. 16 Oct 2026: ex-date for an interim dividend of ₹12 a share.

Earlier

• 12 Oct 2026: HCL Tech held its results call for July to September 2026. Management guided: FY27 CC revenue growth: company 2.5%-4% (87 basis points inorganic) and Services 3%-4% (62 basis points inorganic)
• Results for July to September 2026: Revenue up 11.5% and profit up 21.2% on a year earlier.
• 17 Jul 2026: ex-date for an interim dividend of ₹12 a share.
• 24 Apr 2026: ex-date for an interim dividend of ₹24 a share, record date 25 Apr 2026.
• 16 Jan 2026: ex-date for an interim dividend of ₹12 a share, record date 17 Jan 2026.

On the call for July to September 2026, held on 12 October 2026, HCL Tech's management guided: FY27 CC revenue growth: company 2.5%-4% (87 basis points inorganic) and Services 3%-4% (62 basis points inorganic)

“For the services component, I think the margins will be at least 7% to 10% higher than traditional services.”C Vijayakumar, on the call for July to September 2026

What management guided

• FY27 EBIT margin 17.5%-18.5%.
• Advanced AI services margins at least 7%-10% above traditional services.
• AI IP/platform gross margins above 70%.
• FY27 Services growth expected slightly above the guidance midpoint.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 12 October 2026.

When HCL Tech reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Track software revenue against ARR and the multiyear renewal cycle.

HCL Tech is on 5 of our India lists: Momentum stocks, Nifty 50 companies, Dividend stocks, AI & data centre stocks and IT stocks.

HCL Technologies Ltd earned ₹5,132 Cr of net profit in the Sep 2026 quarter, +21.2% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹16,652 Cr. Over 10 years profit has grown 11.5% a year on average. That is 14.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹4,236 Cr.

For the full year, FY26 profit was ₹16,652 Cr (−4.3% on the year before).

Why profit moved: revenue changed +11.5% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +8.7% and revenue +12.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

HCL Technologies Ltd reported ₹35,620 Cr of revenue in the Sep 2026 quarter, +11.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 15.4% a year on average. The last full year, FY26, came in at ₹1,30,144 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,38,052 Cr.

FY26 revenue was ₹1,30,144 Cr, +11.2% on the year before.

Recent pace: the last four quarters grew +12.8% on average, against 15.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.8%, against +10.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +7.9%, against +4.3% a year (accelerating).

HCL Technologies Ltd's operating margin was 21.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 21.0% and 27.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.4 percentage points on the year while gross margin changed −0.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 130% of HCL Technologies Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹19,975 Cr of operating cash against ₹16,652 Cr of profit. After ₹5,563 Cr of spending on assets, ₹14,412 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 130% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

HCL Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 88 days in FY26, up from 85 days in FY21. It spent ₹15,392 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,30,144 Cr, each day of that cycle ties up about ₹357 Cr, so roughly ₹31,377 Cr is tied up in the business at any time.

Spending on assets: ₹15,392 Cr over the last 3 years, against ₹12,612 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹142 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

HCL Technologies Ltd's P/E is 20.5×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 19.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹67.51.