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Hexaware Technologies share price today

Hexaware Technologies Ltd · NSE: HEXT · IT - Software · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 29 October 2026

Hexaware Technologies share price today: ₹501.20 at the NSE close on 4 November 2026, down 25.5% in a year. Hexaware Technologies (NSE: HEXT) is worth ₹30,612 crore, trades at a P/E of 20.1 and has closed between ₹411.35 and ₹792.55 over the past 52 weeks. Latest change: indian funds and insurers (DIIs) raised their stake for 7 quarters in a row.

Turning aroundBusiness trend from the last 12 quarters
₹501.20Price −25.5% in a year
20.1×P/E higher than 59% of the last 11 years
₹3,933 CrRevenue (Sep 2026) +12.9% on a year ago
₹429 CrProfit (Sep 2026) +15.9% on a year ago
14.0%Operating margin −3.0 points on a year ago
30%ROCE FY25
26.7%ROIC against a 12.0% cost of capital: +14.7 points

Hexaware Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +15.8% in a year while the price moved −25.5%.

The main question: yearly earnings per share moved +15.8% while the share price moved −25.5%.

The price has been falling for 37 weeks, and the P/E is higher than 59% of its own last 11 years. Over the last four quarters, results have been improving, with profit +15.9% on a year earlier, and 136% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Hexaware Technologies share price today?

Hexaware Technologies Ltd's share price was ₹501.20 at the close on 4 November 2026. It has been falling for 37 weeks. That is 9.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹411 and ₹793, and at that close it sat 24% 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 Hexaware Technologies Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

1Y

Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹501
  • 50-day avg ₹542
  • 200-day avg ₹556
Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹687₹728₹687
7 Nov 2025₹672₹722₹687
14 Nov 2025₹689₹715₹687
21 Nov 2025₹716₹716₹688
28 Nov 2025₹757₹721₹691
5 Dec 2025₹755₹727₹694
12 Dec 2025₹762₹731₹697
19 Dec 2025₹793₹738₹700
26 Dec 2025₹751₹739₹702
2 Jan 2026₹754₹743₹705
9 Jan 2026₹730₹742₹706
16 Jan 2026₹739₹740₹707
23 Jan 2026₹717₹736₹708
1 Feb 2026₹706₹729₹707
6 Feb 2026₹614₹719₹706
13 Feb 2026₹562₹692₹699
20 Feb 2026₹521₹668₹692
27 Feb 2026₹474₹634₹682
6 Mar 2026₹460₹608₹673
13 Mar 2026₹411₹576₹662
20 Mar 2026₹439₹549₹650
27 Mar 2026₹443₹532₹642
17 Apr 2026₹495₹508₹622
24 Apr 2026₹445₹501₹614
30 Apr 2026₹448₹493₹608
8 May 2026₹486₹488₹601
15 May 2026₹484₹488₹596
22 May 2026₹514₹492₹591
29 May 2026₹508₹494₹588
4 Jun 2026₹529₹500₹586
5 Jun 2026₹526₹501₹585
10 Jun 2026₹515₹503₹583
12 Jun 2026₹499₹503₹582
17 Jun 2026₹503₹502₹579
19 Jun 2026₹500₹502₹577
24 Jun 2026₹494₹501₹575
25 Jun 2026₹495₹501₹574
1 Jul 2026₹552₹504₹573
3 Jul 2026₹547₹507₹572
10 Jul 2026₹550₹513₹571
17 Jul 2026₹570₹522₹570
24 Jul 2026₹552₹528₹569
31 Jul 2026₹562₹537₹570
7 Aug 2026₹565₹542₹570
14 Aug 2026₹570₹547₹570
21 Aug 2026₹532₹547₹569
28 Aug 2026₹556₹549₹568
4 Sep 2026₹529₹547₹567
11 Sep 2026₹497₹541₹564
18 Sep 2026₹525₹538₹562
25 Sep 2026₹497₹532₹560
1 Oct 2026₹490₹525₹557
9 Oct 2026₹539₹523₹554
16 Oct 2026₹583₹531₹555
23 Oct 2026₹591₹540₹557
30 Oct 2026₹502₹542₹556
4 Nov 2026₹501₹542₹556
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹501
  • 50-day avg ₹542
  • 200-day avg ₹556
Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
21 Feb 2025₹817₹485₹391
28 Feb 2025₹808₹534₹408
7 Mar 2025₹782₹583₹427
13 Mar 2025₹759₹611₹441
21 Mar 2025₹729₹635₹456
28 Mar 2025₹701₹650₹468
4 Apr 2025₹656₹655₹477
11 Apr 2025₹632₹654₹484
17 Apr 2025₹668₹653₹488
25 Apr 2025₹705₹658₹498
2 May 2025₹701₹665₹506
9 May 2025₹700₹670₹515
16 May 2025₹771₹686₹527
23 May 2025₹795₹704₹539
30 May 2025₹858₹726₹553
6 Jun 2025₹821₹742₹566
13 Jun 2025₹832₹759₹579
20 Jun 2025₹822₹772₹592
27 Jun 2025₹870₹786₹604
4 Jul 2025₹866₹800₹617
11 Jul 2025₹859₹813₹629
18 Jul 2025₹862₹821₹640
25 Jul 2025₹739₹822₹649
1 Aug 2025₹694₹802₹652
8 Aug 2025₹719₹787₹656
14 Aug 2025₹717₹776₹658
22 Aug 2025₹799₹776₹664
29 Aug 2025₹758₹778₹668
5 Sep 2025₹721₹771₹672
12 Sep 2025₹758₹768₹676
19 Sep 2025₹782₹768₹681
26 Sep 2025₹664₹754₹681
3 Oct 2025₹669₹742₹681
10 Oct 2025₹717₹736₹682
17 Oct 2025₹715₹733₹684
24 Oct 2025₹725₹732₹686
31 Oct 2025₹687₹728₹687
7 Nov 2025₹672₹722₹687
14 Nov 2025₹689₹715₹687
21 Nov 2025₹716₹716₹688
28 Nov 2025₹757₹721₹691
5 Dec 2025₹755₹727₹694
12 Dec 2025₹762₹731₹697
19 Dec 2025₹793₹738₹700
26 Dec 2025₹751₹739₹702
2 Jan 2026₹754₹743₹705
9 Jan 2026₹730₹742₹706
16 Jan 2026₹739₹740₹707
23 Jan 2026₹717₹736₹708
1 Feb 2026₹706₹729₹707
6 Feb 2026₹614₹719₹706
13 Feb 2026₹562₹692₹699
20 Feb 2026₹521₹668₹692
27 Feb 2026₹474₹634₹682
6 Mar 2026₹460₹608₹673
13 Mar 2026₹411₹576₹662
20 Mar 2026₹439₹549₹650
27 Mar 2026₹443₹532₹642
17 Apr 2026₹495₹508₹622
24 Apr 2026₹445₹501₹614
30 Apr 2026₹448₹493₹608
8 May 2026₹486₹488₹601
15 May 2026₹484₹488₹596
22 May 2026₹514₹492₹591
29 May 2026₹508₹494₹588
4 Jun 2026₹529₹500₹586
5 Jun 2026₹526₹501₹585
10 Jun 2026₹515₹503₹583
12 Jun 2026₹499₹503₹582
17 Jun 2026₹503₹502₹579
19 Jun 2026₹500₹502₹577
24 Jun 2026₹494₹501₹575
25 Jun 2026₹495₹501₹574
1 Jul 2026₹552₹504₹573
3 Jul 2026₹547₹507₹572
10 Jul 2026₹550₹513₹571
17 Jul 2026₹570₹522₹570
24 Jul 2026₹552₹528₹569
31 Jul 2026₹562₹537₹570
7 Aug 2026₹565₹542₹570
14 Aug 2026₹570₹547₹570
21 Aug 2026₹532₹547₹569
28 Aug 2026₹556₹549₹568
4 Sep 2026₹529₹547₹567
11 Sep 2026₹497₹541₹564
18 Sep 2026₹525₹538₹562
25 Sep 2026₹497₹532₹560
1 Oct 2026₹490₹525₹557
9 Oct 2026₹539₹523₹554
16 Oct 2026₹583₹531₹555
23 Oct 2026₹591₹540₹557
30 Oct 2026₹502₹542₹556
4 Nov 2026₹501₹542₹556
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 2-year window.

5Y

Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹501
  • 50-day avg ₹542
  • 200-day avg ₹556
Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
21 Feb 2025₹817₹485₹391
28 Feb 2025₹808₹534₹408
7 Mar 2025₹782₹583₹427
13 Mar 2025₹759₹611₹441
21 Mar 2025₹729₹635₹456
28 Mar 2025₹701₹650₹468
4 Apr 2025₹656₹655₹477
11 Apr 2025₹632₹654₹484
17 Apr 2025₹668₹653₹488
25 Apr 2025₹705₹658₹498
2 May 2025₹701₹665₹506
9 May 2025₹700₹670₹515
16 May 2025₹771₹686₹527
23 May 2025₹795₹704₹539
30 May 2025₹858₹726₹553
6 Jun 2025₹821₹742₹566
13 Jun 2025₹832₹759₹579
20 Jun 2025₹822₹772₹592
27 Jun 2025₹870₹786₹604
4 Jul 2025₹866₹800₹617
11 Jul 2025₹859₹813₹629
18 Jul 2025₹862₹821₹640
25 Jul 2025₹739₹822₹649
1 Aug 2025₹694₹802₹652
8 Aug 2025₹719₹787₹656
14 Aug 2025₹717₹776₹658
22 Aug 2025₹799₹776₹664
29 Aug 2025₹758₹778₹668
5 Sep 2025₹721₹771₹672
12 Sep 2025₹758₹768₹676
19 Sep 2025₹782₹768₹681
26 Sep 2025₹664₹754₹681
3 Oct 2025₹669₹742₹681
10 Oct 2025₹717₹736₹682
17 Oct 2025₹715₹733₹684
24 Oct 2025₹725₹732₹686
31 Oct 2025₹687₹728₹687
7 Nov 2025₹672₹722₹687
14 Nov 2025₹689₹715₹687
21 Nov 2025₹716₹716₹688
28 Nov 2025₹757₹721₹691
5 Dec 2025₹755₹727₹694
12 Dec 2025₹762₹731₹697
19 Dec 2025₹793₹738₹700
26 Dec 2025₹751₹739₹702
2 Jan 2026₹754₹743₹705
9 Jan 2026₹730₹742₹706
16 Jan 2026₹739₹740₹707
23 Jan 2026₹717₹736₹708
1 Feb 2026₹706₹729₹707
6 Feb 2026₹614₹719₹706
13 Feb 2026₹562₹692₹699
20 Feb 2026₹521₹668₹692
27 Feb 2026₹474₹634₹682
6 Mar 2026₹460₹608₹673
13 Mar 2026₹411₹576₹662
20 Mar 2026₹439₹549₹650
27 Mar 2026₹443₹532₹642
17 Apr 2026₹495₹508₹622
24 Apr 2026₹445₹501₹614
30 Apr 2026₹448₹493₹608
8 May 2026₹486₹488₹601
15 May 2026₹484₹488₹596
22 May 2026₹514₹492₹591
29 May 2026₹508₹494₹588
4 Jun 2026₹529₹500₹586
5 Jun 2026₹526₹501₹585
10 Jun 2026₹515₹503₹583
12 Jun 2026₹499₹503₹582
17 Jun 2026₹503₹502₹579
19 Jun 2026₹500₹502₹577
24 Jun 2026₹494₹501₹575
25 Jun 2026₹495₹501₹574
1 Jul 2026₹552₹504₹573
3 Jul 2026₹547₹507₹572
10 Jul 2026₹550₹513₹571
17 Jul 2026₹570₹522₹570
24 Jul 2026₹552₹528₹569
31 Jul 2026₹562₹537₹570
7 Aug 2026₹565₹542₹570
14 Aug 2026₹570₹547₹570
21 Aug 2026₹532₹547₹569
28 Aug 2026₹556₹549₹568
4 Sep 2026₹529₹547₹567
11 Sep 2026₹497₹541₹564
18 Sep 2026₹525₹538₹562
25 Sep 2026₹497₹532₹560
1 Oct 2026₹490₹525₹557
9 Oct 2026₹539₹523₹554
16 Oct 2026₹583₹531₹555
23 Oct 2026₹591₹540₹557
30 Oct 2026₹502₹542₹556
4 Nov 2026₹501₹542₹556
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 2-year window.

10Y

Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹501
  • 50-day avg ₹542
  • 200-day avg ₹556
Nov 2026: ₹501, 9.9% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹205₹199₹219
11 Nov 2016₹192₹199₹217
25 Nov 2016₹204₹197₹215
9 Dec 2016₹208₹199₹214
23 Dec 2016₹204₹202₹213
6 Jan 2017₹201₹203₹212
20 Jan 2017₹194₹202₹211
3 Feb 2017₹195₹200₹210
17 Feb 2017₹212₹202₹210
3 Mar 2017₹223₹208₹210
17 Mar 2017₹224₹212₹211
31 Mar 2017₹215₹215₹212
13 Apr 2017₹206₹214₹212
28 Apr 2017₹231₹215₹213
12 May 2017₹249₹224₹215
26 May 2017₹252₹233₹219
9 Jun 2017₹240₹237₹221
23 Jun 2017₹247₹241₹224
7 Jul 2017₹238₹241₹225
21 Jul 2017₹243₹243₹227
4 Aug 2017₹252₹246₹230
18 Aug 2017₹274₹251₹233
1 Sep 2017₹271₹257₹236
15 Sep 2017₹278₹263₹239
29 Sep 2017₹270₹265₹242
13 Oct 2017₹276₹267₹245
27 Oct 2017₹284₹272₹248
10 Nov 2017₹339₹287₹255
24 Nov 2017₹326₹303₹262
8 Dec 2017₹330₹313₹269
22 Dec 2017₹336₹317₹274
5 Jan 2018₹359₹326₹280
19 Jan 2018₹350₹336₹288
2 Feb 2018₹370₹348₹295
16 Feb 2018₹333₹346₹299
1 Mar 2018₹344₹346₹303
16 Mar 2018₹370₹353₹309
28 Mar 2018₹377₹359₹314
13 Apr 2018₹412₹375₹323
27 Apr 2018₹433₹392₹333
11 May 2018₹443₹401₹341
25 May 2018₹444₹410₹349
8 Jun 2018₹432₹418₹357
22 Jun 2018₹442₹425₹365
6 Jul 2018₹450₹435₹374
20 Jul 2018₹502₹456₹386
3 Aug 2018₹474₹461₹394
17 Aug 2018₹488₹466₹401
31 Aug 2018₹439₹460₹405
14 Sep 2018₹468₹457₹409
28 Sep 2018₹429₹453₹412
12 Oct 2018₹389₹439₹411
26 Oct 2018₹321₹416₹408
9 Nov 2018₹320₹386₹400
22 Nov 2018₹307₹364₹392
7 Dec 2018₹316₹349₹385
21 Dec 2018₹315₹342₹380
4 Jan 2019₹332₹338₹375
18 Jan 2019₹325₹333₹370
1 Feb 2019₹350₹332₹367
15 Feb 2019₹360₹341₹366
1 Mar 2019₹359₹346₹365
15 Mar 2019₹342₹345₹363
29 Mar 2019₹345₹343₹361
12 Apr 2019₹338₹346₹360
26 Apr 2019₹352₹345₹359
10 May 2019₹347₹345₹358
24 May 2019₹351₹347₹357
7 Jun 2019₹344₹349₹357
21 Jun 2019₹415₹354₹357
5 Jul 2019₹365₹363₹360
19 Jul 2019₹355₹362₹360
2 Aug 2019₹357₹360₹359
16 Aug 2019₹387₹362₹360
30 Aug 2019₹387₹370₹362
13 Sep 2019₹376₹373₹364
27 Sep 2019₹376₹374₹365
11 Oct 2019₹369₹372₹365
27 Oct 2019₹339₹369₹365
8 Nov 2019₹339₹359₹363
22 Nov 2019₹333₹352₹360
6 Dec 2019₹334₹347₹358
20 Dec 2019₹333₹344₹356
3 Jan 2020₹336₹341₹354
17 Jan 2020₹341₹338₹352
1 Feb 2020₹353₹342₹352
14 Feb 2020₹371₹352₹354
28 Feb 2020₹360₹357₹355
13 Mar 2020₹310₹351₹354
27 Mar 2020₹215₹312₹342
9 Apr 2020₹265₹293₹335
24 Apr 2020₹280₹288₹330
8 May 2020₹236₹281₹324
22 May 2020₹236₹269₹317
5 Jun 2020₹311₹267₹312
19 Jun 2020₹316₹285₹313
3 Jul 2020₹334₹299₹314
17 Jul 2020₹356₹316₹318
31 Jul 2020₹382₹333₹322
14 Aug 2020₹395₹353₹329
28 Aug 2020₹407₹373₹337
11 Sep 2020₹417₹386₹344
25 Sep 2020₹467₹410₹355
9 Oct 2020₹467₹427₹365
23 Oct 2020₹471₹441₹374
21 Feb 2025₹817₹485₹391
7 Mar 2025₹782₹583₹427
21 Mar 2025₹729₹635₹456
4 Apr 2025₹656₹655₹477
17 Apr 2025₹668₹653₹488
2 May 2025₹701₹665₹506
16 May 2025₹771₹686₹527
30 May 2025₹858₹726₹553
13 Jun 2025₹832₹759₹579
27 Jun 2025₹870₹786₹604
11 Jul 2025₹859₹813₹629
25 Jul 2025₹739₹822₹649
8 Aug 2025₹719₹787₹656
22 Aug 2025₹799₹776₹664
5 Sep 2025₹721₹771₹672
19 Sep 2025₹782₹768₹681
3 Oct 2025₹669₹742₹681
17 Oct 2025₹715₹733₹684
31 Oct 2025₹687₹728₹687
14 Nov 2025₹689₹715₹687
28 Nov 2025₹757₹721₹691
12 Dec 2025₹762₹731₹697
26 Dec 2025₹751₹739₹702
9 Jan 2026₹730₹742₹706
23 Jan 2026₹717₹736₹708
6 Feb 2026₹614₹719₹706
20 Feb 2026₹521₹668₹692
6 Mar 2026₹460₹608₹673
20 Mar 2026₹439₹549₹650
17 Apr 2026₹495₹508₹622
30 Apr 2026₹448₹493₹608
15 May 2026₹484₹488₹596
29 May 2026₹508₹494₹588
5 Jun 2026₹526₹501₹585
12 Jun 2026₹499₹503₹582
19 Jun 2026₹500₹502₹577
25 Jun 2026₹495₹501₹574
3 Jul 2026₹547₹507₹572
17 Jul 2026₹570₹522₹570
31 Jul 2026₹562₹537₹570
14 Aug 2026₹570₹547₹570
28 Aug 2026₹556₹549₹568
11 Sep 2026₹497₹541₹564
25 Sep 2026₹497₹532₹560
9 Oct 2026₹539₹523₹554
23 Oct 2026₹591₹540₹557
4 Nov 2026₹501₹542₹556
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Price stage: Rising from Feb 2025 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Price stage: Rising from Feb 2025 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Price stage: Falling from Oct 2016 to Apr 2017; Rising from Apr 2017 to Oct 2018; Falling from Nov 2018 to Aug 2019; Rising from Aug 2019 to Nov 2019; Falling from Nov 2019 to Jul 2020; Rising from Aug 2020 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 174 of 323 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016−27.0%
17 Jun 2016−28.3%
24 Jun 2016−21.2%
1 Jul 2016−25.9%
8 Jul 2016−19.1%
15 Jul 2016−23.3%
22 Jul 2016−20.2%
29 Jul 2016−20.0%
5 Aug 2016−8.5%
12 Aug 2016−7.4%
19 Aug 2016−7.2%
26 Aug 2016−13.4%
2 Sep 2016−18.0%
9 Sep 2016−13.4%
16 Sep 2016−14.7%
23 Sep 2016−23.8%
30 Sep 2016−25.2%
7 Oct 2016−22.4%
14 Oct 2016−20.5%
21 Oct 2016−14.4%
30 Oct 2016−7.5%
4 Nov 2016−9.8%
11 Nov 2016−5.2%
18 Nov 2016−3.2%
25 Nov 2016+3.6%
2 Dec 2016+11.0%
9 Dec 2016+9.1%
16 Dec 2016+10.7%
23 Dec 2016+13.0%
30 Dec 2016+16.9%
6 Jan 2017+13.5%
13 Jan 2017+13.2%
20 Jan 2017−0.9%
27 Jan 2017−5.3%
3 Feb 2017−6.6%
10 Feb 2017−1.7%
17 Feb 2017−3.6%
23 Feb 2017−1.4%
3 Mar 2017−0.5%
10 Mar 2017−7.1%
17 Mar 2017−5.0%
24 Mar 2017−7.9%
31 Mar 2017−11.3%
7 Apr 2017−6.3%
13 Apr 2017−7.6%
21 Apr 2017+0.5%
28 Apr 2017+5.2%
5 May 2017+13.3%
12 May 2017+10.1%
19 May 2017+13.8%
26 May 2017+6.5%
2 Jun 2017−0.4%
9 Jun 2017+2.4%
16 Jun 2017+4.5%
23 Jun 2017+7.7%
30 Jun 2017+8.3%
7 Jul 2017+5.6%
14 Jul 2017+9.5%
21 Jul 2017+6.2%
28 Jul 2017+5.8%
4 Aug 2017+1.5%
11 Aug 2017−0.8%
18 Aug 2017+2.6%
24 Aug 2017+4.9%
1 Sep 2017+8.0%
8 Sep 2017+8.1%
15 Sep 2017+4.7%
22 Sep 2017+5.7%
29 Sep 2017+8.4%
6 Oct 2017+9.3%
13 Oct 2017+10.2%
19 Oct 2017+12.3%
27 Oct 2017+3.9%
3 Nov 2017+19.8%
10 Nov 2017+29.4%
17 Nov 2017+13.6%
24 Nov 2017+12.2%
1 Dec 2017+22.4%
8 Dec 2017+18.8%
15 Dec 2017+10.5%
22 Dec 2017+14.5%
29 Dec 2017+17.8%
5 Jan 2018+25.5%
12 Jan 2018+22.3%
19 Jan 2018+15.8%
25 Jan 2018+29.4%
2 Feb 2018+16.1%
9 Feb 2018−3.3%
16 Feb 2018+1.2%
23 Feb 2018+7.9%
1 Mar 2018+1.8%
9 Mar 2018+9.3%
16 Mar 2018+19.9%
23 Mar 2018+17.7%
28 Mar 2018+15.5%
6 Apr 2018+18.1%
13 Apr 2018+18.7%
20 Apr 2018+29.6%
27 Apr 2018+16.2%
4 May 2018+2.5%
11 May 2018+29.7%
18 May 2018+28.8%
25 May 2018+26.1%
1 Jun 2018+23.5%
8 Jun 2018+16.6%
15 Jun 2018+16.4%
22 Jun 2018+14.7%
29 Jun 2018+19.1%
6 Jul 2018+9.0%
13 Jul 2018+21.7%
20 Jul 2018+14.1%
27 Jul 2018+3.6%
3 Aug 2018+18.6%
10 Aug 2018+2.3%
17 Aug 2018+5.8%
24 Aug 2018−11.7%
31 Aug 2018−5.1%
7 Sep 2018−0.7%
14 Sep 2018+2.3%
21 Sep 2018−1.3%
28 Sep 2018−4.9%
5 Oct 2018−2.8%
12 Oct 2018−16.7%
19 Oct 2018−15.1%
26 Oct 2018−20.6%
2 Nov 2018−25.8%
9 Nov 2018−23.9%
16 Nov 2018−27.2%
22 Nov 2018−18.0%
30 Nov 2018−18.6%
7 Dec 2018−21.9%
14 Dec 2018−26.7%
21 Dec 2018−26.4%
28 Dec 2018−23.6%
4 Jan 2019−23.2%
11 Jan 2019−20.9%
18 Jan 2019−20.2%
25 Jan 2019−0.6%
1 Feb 2019+10.1%
8 Feb 2019+11.7%
15 Feb 2019+17.4%
22 Feb 2019+17.0%
1 Mar 2019+8.5%
8 Mar 2019+4.7%
15 Mar 2019+0.8%
22 Mar 2019+2.2%
29 Mar 2019−1.4%
5 Apr 2019+2.9%
12 Apr 2019−3.0%
18 Apr 2019−3.1%
26 Apr 2019+0.0%
3 May 2019−6.5%
10 May 2019−5.7%
17 May 2019−9.7%
24 May 2019−11.0%
31 May 2019−6.5%
7 Jun 2019−3.6%
14 Jun 2019+1.4%
21 Jun 2019+21.2%
28 Jun 2019+8.7%
5 Jul 2019+3.7%
12 Jul 2019+8.5%
19 Jul 2019+10.6%
26 Jul 2019+8.0%
2 Aug 2019+11.6%
9 Aug 2019+6.5%
16 Aug 2019+16.7%
23 Aug 2019+18.1%
30 Aug 2019+18.0%
6 Sep 2019+19.9%
13 Sep 2019+15.7%
20 Sep 2019−5.7%
27 Sep 2019+4.6%
4 Oct 2019+2.2%
11 Oct 2019+5.6%
18 Oct 2019+3.7%
27 Oct 2019−12.6%
1 Nov 2019−14.3%
8 Nov 2019−13.8%
15 Nov 2019−23.2%
22 Nov 2019−23.3%
29 Nov 2019−23.1%
6 Dec 2019−20.4%
13 Dec 2019−20.7%
20 Dec 2019−17.3%
27 Dec 2019−19.0%
3 Jan 2020−14.4%
10 Jan 2020−19.6%
17 Jan 2020−15.3%
24 Jan 2020−2.0%
1 Feb 2020+1.2%
7 Feb 2020+7.2%
14 Feb 2020+8.1%
20 Feb 2020+11.4%
28 Feb 2020+11.3%
6 Mar 2020+14.3%
13 Mar 2020+20.2%
20 Mar 2020+3.0%
27 Mar 2020−3.4%
3 Apr 2020−7.3%
9 Apr 2020+7.9%
17 Apr 2020+5.8%
24 Apr 2020+3.8%
30 Apr 2020+3.2%
8 May 2020−14.0%
15 May 2020−8.1%
22 May 2020−14.0%
29 May 2020−18.0%
5 Jun 2020−6.5%
12 Jun 2020−12.0%
19 Jun 2020+6.9%
26 Jun 2020+25.5%
3 Jul 2020+28.5%
10 Jul 2020+10.8%
17 Jul 2020+7.9%
24 Jul 2020+11.5%
31 Jul 2020+16.4%
7 Aug 2020+45.9%
14 Aug 2020+33.8%
21 Aug 2020+51.5%
28 Aug 2020+44.5%
4 Sep 2020+18.7%
11 Sep 2020+10.9%
18 Sep 2020+37.1%
25 Sep 2020+33.7%
1 Oct 2020+29.5%
9 Oct 2020+24.2%
16 Oct 2020+23.5%
23 Oct 2020+25.3%
30 Oct 2020+16.0%
21 Feb 2025−12.2%
28 Feb 2025−10.7%
7 Mar 2025−25.3%
13 Mar 2025−32.9%
21 Mar 2025−50.0%
28 Mar 2025−52.8%
4 Apr 2025−78.5%
11 Apr 2025−93.9%
17 Apr 2025−86.8%
25 Apr 2025−74.8%
2 May 2025−76.3%
9 May 2025−84.8%
16 May 2025−69.0%
23 May 2025−14.3%
30 May 2025−6.5%
6 Jun 2025−10.1%
13 Jun 2025−0.3%
20 Jun 2025+3.4%
27 Jun 2025+13.4%
4 Jul 2025+16.4%
11 Jul 2025+26.3%
18 Jul 2025+23.7%
25 Jul 2025+0.3%
1 Aug 2025−3.6%
8 Aug 2025+1.9%
14 Aug 2025−8.8%
22 Aug 2025+0.6%
29 Aug 2025−11.9%
5 Sep 2025−11.1%
12 Sep 2025−11.1%
19 Sep 2025−4.4%
26 Sep 2025−21.0%
3 Oct 2025−20.9%
10 Oct 2025−16.2%
17 Oct 2025−18.4%
24 Oct 2025−5.9%
31 Oct 2025−5.5%
7 Nov 2025−11.5%
14 Nov 2025−7.3%
21 Nov 2025−15.7%
28 Nov 2025−3.9%
5 Dec 2025+3.2%
12 Dec 2025+0.3%
19 Dec 2025−1.5%
26 Dec 2025+9.0%
2 Jan 2026+8.8%
9 Jan 2026+1.4%
16 Jan 2026+7.1%
23 Jan 2026+2.5%
1 Feb 2026+3.7%
6 Feb 2026−8.5%
13 Feb 2026−17.4%
20 Feb 2026−24.9%
27 Feb 2026−31.9%
6 Mar 2026−35.1%
13 Mar 2026−39.3%
20 Mar 2026−34.6%
27 Mar 2026−28.7%
17 Apr 2026−30.1%
24 Apr 2026−36.5%
30 Apr 2026−40.7%
8 May 2026−29.9%
15 May 2026−27.6%
22 May 2026−11.5%
29 May 2026−5.4%
4 Jun 2026+5.5%
5 Jun 2026+10.8%
10 Jun 2026+11.6%
12 Jun 2026+18.1%
17 Jun 2026+6.7%
19 Jun 2026+2.2%
24 Jun 2026−0.7%
25 Jun 2026+10.2%
1 Jul 2026+22.5%
3 Jul 2026+9.1%
10 Jul 2026+10.0%
17 Jul 2026+7.9%
24 Jul 2026+7.5%
31 Jul 2026+1.8%
7 Aug 2026+1.8%
14 Aug 2026+6.2%
21 Aug 2026+2.7%
28 Aug 2026+8.8%
4 Sep 2026+5.3%
11 Sep 2026+1.6%
18 Sep 2026+7.2%
25 Sep 2026−7.0%
1 Oct 2026−4.1%
9 Oct 2026+4.2%
16 Oct 2026+6.8%
23 Oct 2026+13.5%
30 Oct 2026−4.0%
4 Nov 2026−3.6%
Each bar is one week, from 2016 to now (323 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +96% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. 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.

What changed at Hexaware Technologies this quarter?

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 7 quarters in a row, revenue up on a year earlier for 8 quarters in a row (every quarter we can compare) and highest quarterly profit in 16 quarters.

  1. Indian funds and insurers (DIIs) raised their stake for 7 quarters in a row

    From 0% to 16.2% of the company by the September 2026 quarter.

  2. Revenue up on a year earlier for 8 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹3,933 crore, +12.9% on a year earlier.

    Why: Revenue was higher than a year earlier because banking work grew strongly.

    From the earnings call on 29 Oct 2026.

  3. Highest quarterly profit in 16 quarters

    Profit of ₹429 crore in the September 2026 quarter is the highest of the last 16 quarters.

What dividend does Hexaware Technologies pay?

Hexaware Technologies paid ₹18 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 3.59% at the ₹501.20 close on 4 November 2026. The last was an interim dividend of ₹9.50 a share, ex-date 26 October 2026.

Hexaware Technologies dividends since 1 April 2021

Hexaware Technologies dividends since 1 April 2021
Ex-dateDividend per shareType
26 Oct 2026Interim₹9.50Interim
5 May 2026Interim₹8.50Interim
10 Oct 2025Interim₹5.75Interim
15 Apr 2025Interim₹5.75Interim

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

1 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Hexaware Technologies Ltd paid out 51% of its profit as dividends in FY25, and it paid a dividend in each of its last 12 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What are Hexaware Technologies' latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Hexaware Technologies reported revenue of ₹3,933 crore, up 12.9% from ₹3,484 crore a year earlier, and a profit of ₹429 crore, up 15.9% from ₹370 crore.

Hexaware Technologies results: July to September 2026 against a year earlier

Hexaware Technologies results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹3,933 crore₹3,484 crore+12.9%
Profit₹429 crore₹370 crore+15.9%
Earnings per share₹7.05₹6.08+16.0%
Operating margin14.0%17.0%−3.0 points

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).

Hexaware Technologies' management discussed these results on a call held on 29 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.

What is the Hexaware Technologies share price history?

Hexaware Technologies closed at ₹501.20 on 4 November 2026, down 25.5% from ₹672.45 a year earlier (7 November 2025). Its highest weekly close since March 2016 was ₹870.10 on 27 June 2025.

Hexaware Technologies share price: then and now

Hexaware Technologies share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹501.80−0.1%
1 month ago · 1 Oct 2026₹490.45+2.2%
6 months ago · 8 May 2026₹485.70+3.2%
1 year ago · 7 Nov 2025₹672.45−25.5%
10 years ago · 4 Nov 2016₹198.25+152.8%
Earliest weekly close in our records · 11 Mar 2016₹255.35+96.3%
Highest weekly close since March 2016 · 27 Jun 2025₹870.10−42.4%
Lowest weekly close since March 2016 · 14 Oct 2016₹182.25+175.0%
52-week high (weekly close) · 19 Dec 2025₹792.55−36.8%
52-week low (weekly close) · 13 Mar 2026₹411.35+21.8%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

336 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Hexaware Technologies?

4 Nov 2026: Hexaware Technologies closed at ₹501.20, down 0.1% on the week and up 2.2% on the month. 29 Oct 2026: Hexaware Technologies held its results call for July to September 2026. Management guided: CY26 adjusted EBIT margin 13%-13.5%.

Earlier

  • 26 Oct 2026: ex-date for an interim dividend of ₹9.50 a share.
  • Results for July to September 2026: Revenue up 12.9% and profit up 15.9% on a year earlier.
  • 5 May 2026: ex-date for an interim dividend of ₹8.50 a share.

What did Hexaware Technologies management say on the latest results call?

On the call for July to September 2026, held on 29 October 2026, Hexaware Technologies' management guided: CY26 adjusted EBIT margin 13%-13.5%.

“The goal from this point forward is to make sure that we do not slip in that process, even if it means expanding the safety margins.”Vivek Jetley, closing remarks on forecast discipline, on the call for July to September 2026

What management guided

  • Q4CY26 sequential revenue decline on furloughs and fewer working days.
  • Merit effective 1 Oct to weigh Q4 margins near 100 basis points.
  • Netherlands restructuring to lift annual operating margins by approximately 40 basis points.
  • Normalized full-year ETR 25%-26% versus 21% in Q3 on non-taxable earnout reversal.

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, 29 October 2026.

What to watch in Hexaware Technologies' next results?

When Hexaware Technologies reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Large H&I and T&T deals flagged as delayed to Q4/Q1 - check closure versus further pushout on next call.

Hexaware Technologies: what to watch next quarter
What to check (from the call)
Large H&I and T&T deals flagged as delayed to Q4/Q1 - check closure versus further pushout on next call.
GSC-led FS headwind flagged into Q4 - check whether vertical growth stays below company average for full year.

Which stock lists is Hexaware Technologies on?

Hexaware Technologies is on 3 of our India lists: Dividend stocks, Small & mid cap stocks and IT stocks.

Is Hexaware Technologies profitable?

Hexaware Technologies Ltd earned ₹429 Cr of net profit in the Sep 2026 quarter, +15.9% on the same quarter a year earlier. Full-year FY25 profit was ₹1,368 Cr. Over 10 years profit has grown 13.3% a year on average. That is 10.9% of the quarter's revenue. The same quarter a year earlier earned ₹370 Cr.

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

For the full year, FY25 profit was ₹1,368 Cr (+16.5% on the year before).

FY25 profit ₹1,368 Cr (+16.5% on the year before), 13.3% a year over 10 years

  • Net profit ₹1,368
FY25 profit ₹1,368 Cr (+16.5% on the year before), 13.3% a year over 10 years
QuarterNet profit
FY15₹393
FY16₹419
FY17₹500
FY18₹583
FY19₹641
FY20₹622
FY21₹749
FY22₹884
FY23₹998
FY24₹1,174
FY25₹1,368

Growth on a year earlier

  • Growth on a year earlier 16.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1522.8%
FY166.6%
FY1719.3%
FY1816.6%
FY199.9%
FY20−3%
FY2120.4%
FY2218%
FY2312.9%
FY2417.6%
FY2516.5%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹429 Cr (+15.9% on a year earlier)

  • Net profit (quarterly) ₹429
Sep 2026: ₹429 Cr (+15.9% on a year earlier)
QuarterNet profit (quarterly)
Dec 2023₹193
Mar 2024₹279
Jun 2024₹275
Sep 2024₹300
Dec 2024₹321
Mar 2025₹327
Jun 2025₹380
Sep 2025₹370
Dec 2025₹292
Mar 2026₹352
Jun 2026₹330
Sep 2026₹429

Growth on a year earlier

  • Growth on a year earlier 15.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 202466.3%
Mar 202517.2%
Jun 202538.2%
Sep 202523.3%
Dec 2025−9%
Mar 20267.6%
Jun 2026−13.2%
Sep 202615.9%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +12.9% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +0.3% and revenue +13.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Hexaware Technologies make, and is it growing?

Hexaware Technologies Ltd reported ₹3,933 Cr of revenue in the Sep 2026 quarter, +12.9% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 15.7% a year on average. The last full year, FY25, came in at ₹13,430 Cr.

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

The last four reported quarters add to ₹14,869 Cr.

FY25 revenue was ₹13,430 Cr, +12.2% on the year before.

FY25 revenue ₹13,430 Cr (+12.2% on the year before), 15.7% a year over 10 years

  • Revenue ₹13,430
FY25 revenue ₹13,430 Cr (+12.2% on the year before), 15.7% a year over 10 years
QuarterRevenue
FY15₹3,124
FY16₹3,535
FY17₹3,942
FY18₹4,648
FY19₹5,583
FY20₹6,262
FY21₹7,178
FY22₹9,200
FY23₹10,380
FY24₹11,974
FY25₹13,430

Growth on a year earlier

  • Growth on a year earlier 12.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1521%
FY1613.2%
FY1711.5%
FY1817.9%
FY1920.1%
FY2012.2%
FY2114.6%
FY2228.2%
FY2312.8%
FY2415.4%
FY2512.2%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹3,933 Cr (+12.9% on a year earlier), the 8th quarter in a row of growth

  • Revenue (quarterly) ₹3,933
Sep 2026: ₹3,933 Cr (+12.9% on a year earlier), the 8th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹2,616
Mar 2024₹2,749
Jun 2024₹2,936
Sep 2024₹3,136
Dec 2024₹3,154
Mar 2025₹3,208
Jun 2025₹3,261
Sep 2025₹3,484
Dec 2025₹3,478
Mar 2026₹3,613
Jun 2026₹3,845
Sep 2026₹3,933

Growth on a year earlier

  • Growth on a year earlier 12.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 202420.6%
Mar 202516.7%
Jun 202511.1%
Sep 202511.1%
Dec 202510.3%
Mar 202612.6%
Jun 202617.9%
Sep 202612.9%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +13.4% on average, against 15.7% 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 +13.4%, against +14.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +0.4%, against +15.8% a year (rolling over).

How much of every ₹100 of sales does Hexaware Technologies keep?

Hexaware Technologies Ltd's operating margin was 14.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 12 years it has been between 13.0% and 17.0%. 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 −2.9 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 14.0%, within a range of 13.0% to 17.0% over 12 years

  • Operating margin 14.0%
FY25: 14.0%, within a range of 13.0% to 17.0% over 12 years
QuarterOperating margin
FY1417%
FY1517%
FY1616%
FY1717%
FY1816%
FY1916%
FY2017%
FY2116%
FY2213%
FY2315%
FY2415%
FY2514%

Change on the year before (points)

  • Change on the year before (points) −1.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY150.0 pts
FY16−1.0 pts
FY17+1.0 pts
FY18−1.0 pts
FY190.0 pts
FY20+1.0 pts
FY21−1.0 pts
FY22−3.0 pts
FY23+2.0 pts
FY240.0 pts
FY25−1.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 12-year window.

Sep 2026: operating margin 14.0% (−3.0 points on a year earlier)

  • Operating margin 14.0%
Sep 2026: operating margin 14.0% (−3.0 points on a year earlier)
QuarterOperating margin
Dec 202313%
Mar 202415%
Jun 202415%
Sep 202416%
Dec 202416%
Mar 202516%
Jun 202512%
Sep 202517%
Dec 202511%
Mar 202616%
Jun 202616%
Sep 202614%

Change on a year earlier (points)

  • Change on a year earlier (points) −3.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024+3.0 pts
Mar 2025+1.0 pts
Jun 2025−3.0 pts
Sep 2025+1.0 pts
Dec 2025−5.0 pts
Mar 20260.0 pts
Jun 2026+4.0 pts
Sep 2026−3.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Hexaware Technologies' profit turning into cash?

Over the last 3 years, 136% of Hexaware Technologies Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹1,739 Cr of operating cash against ₹1,368 Cr of profit. After ₹1,650 Cr of spending on assets, ₹89.0 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.

FY25: operating cash ₹1,739 Cr against profit ₹1,368 Cr; 136% of 3 years' profit came in as cash

  • Operating cash ₹1,739
  • Net profit ₹1,368
  • Free cash ₹89
FY25: operating cash ₹1,739 Cr against profit ₹1,368 Cr; 136% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY15₹393₹393₹245
FY16₹473₹419₹265
FY17₹476₹500₹418
FY18₹549₹583₹483
FY19₹596₹641−₹833
FY20₹1,438₹622₹842
FY21₹980₹749₹841
FY22₹821₹884₹386
FY23₹1,516₹998₹1,317
FY24₹1,548₹1,174−₹113
FY25₹1,739₹1,368₹89
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY25: operating cash was 127% of profit (136% over three years)

  • Operating cash as % of profit 127%
  • Break-even line 100%
FY25: operating cash was 127% of profit (136% over three years)
QuarterOperating cash as % of profitBreak-even line
FY15100%100%
FY16113%100%
FY1795%100%
FY1894%100%
FY1993%100%
FY20231%100%
FY21131%100%
FY2293%100%
FY23152%100%
FY24132%100%
FY25127%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 136% of profit came in as cash: the cash cycle stayed about the same between FY20 and FY25, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 3.8× depreciation over three years. The next section checks what that spending is building.

Where does Hexaware Technologies' cash go?

Hexaware Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 56 days in FY25, up from 47 days in FY20. It spent ₹3,510 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 FY25 sales of ₹13,430 Cr, each day of that cycle ties up about ₹36.8 Cr, so roughly ₹2,060 Cr is tied up in the business at any time.

FY25: a 56-day cash cycle, +9 days compared with FY20

  • Cash cycle 56d
  • Debtor days 56d
FY25: a 56-day cash cycle, +9 days compared with FY20
QuarterCash cycleDebtor days
FY1452d52d
FY1551d51d
FY1645d45d
FY1750d50d
FY1863d63d
FY1964d64d
FY2047d47d
FY2152d52d
FY2275d75d
FY2365d65d
FY2460d60d
FY2556d56d
Debtor days, inventory days, payable days and the full cash cycle, each year. 12-year window.

Spending on assets: ₹3,510 Cr over the last 3 years, against ₹924 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹50.0 Cr (FY25): assets paid for that are not earning yet.

FY25: capex ₹1,650 Cr, work in progress ₹50.0 Cr, a build-out

  • Capex ₹1,650
  • Work-in-progress ₹50.0
FY25: capex ₹1,650 Cr, work in progress ₹50.0 Cr, a build-out
QuarterCapexWork-in-progress
FY15₹148₹116
FY16₹208₹323
FY17₹58₹256
FY18₹66₹224
FY19₹1,429₹86
FY20₹596₹10
FY21₹139₹12
FY22₹435₹6
FY23₹199₹55
FY24₹1,661₹131
FY25₹1,650₹50
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Hexaware Technologies' P/E ratio, and how does it compare with its own history?

Hexaware Technologies Ltd's P/E is 20.1×, in the middle of its own history: higher than 59% of past readings. Its usual P/E (the middle reading) is 18.5×, 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 ₹22.98.

P/E 20.1× against a usual 18.5×: in the middle of its own history: higher than 59% of past readings

  • P/E 20.1×
  • Median 18.5×
P/E 20.1× against a usual 18.5×: in the middle of its own history: higher than 59% of past readings
WeekP/EMedian
11 Mar 201619.6×18.5×
23 Mar 201620.5×18.5×
8 Apr 201619.0×18.5×
22 Apr 201619.2×18.5×
6 May 201616.6×18.5×
20 May 201616.0×18.5×
3 Jun 201616.4×18.5×
17 Jun 201616.3×18.5×
1 Jul 201617.6×18.5×
15 Jul 201616.8×18.5×
29 Jul 201617.0×18.5×
12 Aug 201616.5×18.5×
26 Aug 201616.0×18.5×
9 Sep 201615.5×18.5×
23 Sep 201615.1×18.5×
7 Oct 201614.0×18.5×
21 Oct 201615.0×18.5×
4 Nov 201615.1×18.5×
18 Nov 201614.9×18.5×
2 Dec 201615.5×18.5×
16 Dec 201615.7×18.5×
30 Dec 201615.8×18.5×
13 Jan 201714.4×18.5×
27 Jan 201714.5×18.5×
10 Feb 201714.8×18.5×
23 Feb 201715.6×18.5×
10 Mar 201715.5×18.5×
24 Mar 201715.6×18.5×
7 Apr 201714.0×18.5×
21 Apr 201714.3×18.5×
5 May 201715.8×18.5×
19 May 201716.7×18.5×
2 Jun 201716.0×18.5×
16 Jun 201716.6×18.5×
30 Jun 201716.0×18.5×
14 Jul 201716.0×18.5×
28 Jul 201717.2×18.5×
11 Aug 201715.8×18.5×
24 Aug 201717.0×18.5×
8 Sep 201716.9×18.5×
22 Sep 201716.6×18.5×
6 Oct 201716.5×18.5×
19 Oct 201717.4×18.5×
3 Nov 201718.5×18.5×
17 Nov 201719.4×18.5×
1 Dec 201719.9×18.5×
15 Dec 201718.8×18.5×
29 Dec 201720.0×18.5×
12 Jan 201821.0×18.5×
25 Jan 201822.4×18.5×
9 Feb 201820.1×18.5×
23 Feb 201820.7×18.5×
9 Mar 201821.4×18.5×
23 Mar 201822.2×18.5×
6 Apr 201824.1×18.5×
20 Apr 201825.9×18.5×
4 May 201821.9×18.5×
18 May 201824.0×18.5×
1 Jun 201824.5×18.5×
15 Jun 201825.1×18.5×
29 Jun 201825.9×18.5×
13 Jul 201828.2×18.5×
27 Jul 201824.6×18.5×
10 Aug 201825.3×18.5×
24 Aug 201822.9×18.5×
7 Sep 201823.7×18.5×
21 Sep 201823.9×18.5×
5 Oct 201822.0×18.5×
19 Oct 201820.4×18.5×
2 Nov 201815.9×18.5×
16 Nov 201815.8×18.5×
30 Nov 201816.5×18.5×
14 Dec 201816.8×18.5×
28 Dec 201816.8×18.5×
11 Jan 201916.6×18.5×
25 Jan 201916.6×18.5×
8 Feb 201918.1×18.5×
22 Feb 201918.2×18.5×
8 Mar 201917.6×18.5×
22 Mar 201917.2×18.5×
5 Apr 201918.3×18.5×
18 Apr 201917.2×18.5×
3 May 201917.0×18.5×
17 May 201918.0×18.5×
31 May 201918.3×18.5×
14 Jun 201917.5×18.5×
28 Jun 201919.2×18.5×
12 Jul 201918.2×18.5×
26 Jul 201918.1×18.5×
9 Aug 201918.0×18.5×
23 Aug 201919.2×18.5×
6 Sep 201919.3×18.5×
20 Sep 201918.8×18.5×
4 Oct 201918.1×18.5×
18 Oct 201918.9×18.5×
1 Nov 201916.6×18.5×
15 Nov 201916.4×18.5×
29 Nov 201916.6×18.5×
13 Dec 201916.6×18.5×
27 Dec 201916.2×18.5×
10 Jan 202016.1×18.5×
24 Jan 202016.8×18.5×
7 Feb 202018.4×18.5×
20 Feb 202016.6×18.5×
6 Mar 202015.8×18.5×
20 Mar 202010.8×18.5×
3 Apr 202010.1×18.5×
17 Apr 202012.7×18.5×
30 Apr 202012.1×18.5×
15 May 202010.7×18.5×
29 May 202011.0×18.5×
12 Jun 202014.0×18.5×
26 Jun 202014.1×18.5×
10 Jul 202014.8×18.5×
24 Jul 202015.5×18.5×
7 Aug 202017.4×18.5×
21 Aug 202018.5×18.5×
4 Sep 202018.0×18.5×
18 Sep 202020.3×18.5×
1 Oct 202020.6×18.5×
16 Oct 202020.7×18.5×
30 Oct 202021.5×18.5×
28 Feb 202545.0×18.5×
13 Mar 202545.0×18.5×
28 Mar 202543.0×18.5×
11 Apr 202538.8×18.5×
25 Apr 202536.7×18.5×
9 May 202536.5×18.5×
23 May 202541.5×18.5×
6 Jun 202542.9×18.5×
20 Jun 202542.9×18.5×
4 Jul 202545.0×18.5×
18 Jul 202545.0×18.5×
1 Aug 202531.8×18.5×
14 Aug 202532.9×18.5×
29 Aug 202534.7×18.5×
12 Sep 202534.7×18.5×
26 Sep 202530.4×18.5×
10 Oct 202532.8×18.5×
24 Oct 202533.2×18.5×
7 Nov 202529.3×18.5×
21 Nov 202531.3×18.5×
5 Dec 202533.0×18.5×
19 Dec 202534.7×18.5×
2 Jan 202633.0×18.5×
16 Jan 202632.3×18.5×
1 Feb 202630.9×18.5×
13 Feb 202623.8×18.5×
27 Feb 202620.1×18.5×
13 Mar 202617.4×18.5×
27 Mar 202618.8×18.5×
10 Apr 202620.4×18.5×
24 Apr 202618.7×18.5×
8 May 202620.2×18.5×
22 May 202621.4×18.5×
4 Jun 202622.0×18.5×
10 Jun 202621.4×18.5×
17 Jun 202620.9×18.5×
24 Jun 202620.6×18.5×
1 Jul 202622.9×18.5×
10 Jul 202622.9×18.5×
24 Jul 202623.0×18.5×
7 Aug 202624.4×18.5×
21 Aug 202623.0×18.5×
4 Sep 202622.8×18.5×
18 Sep 202622.6×18.5×
1 Oct 202621.2×18.5×
16 Oct 202625.1×18.5×
30 Oct 202620.1×18.5×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹25
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
23 Mar 2016₹13
8 Apr 2016₹13
22 Apr 2016₹13
6 May 2016₹13
20 May 2016₹13
3 Jun 2016₹13
17 Jun 2016₹13
1 Jul 2016₹13
15 Jul 2016₹13
29 Jul 2016₹13
12 Aug 2016₹13
26 Aug 2016₹13
9 Sep 2016₹13
23 Sep 2016₹13
7 Oct 2016₹13
21 Oct 2016₹13
4 Nov 2016₹13
18 Nov 2016₹13
2 Dec 2016₹13
16 Dec 2016₹13
30 Dec 2016₹13
13 Jan 2017₹13
27 Jan 2017₹13
10 Feb 2017₹13
23 Feb 2017₹13
10 Mar 2017₹13
24 Mar 2017₹13
7 Apr 2017₹15
21 Apr 2017₹15
5 May 2017₹15
19 May 2017₹15
2 Jun 2017₹15
16 Jun 2017₹15
30 Jun 2017₹15
14 Jul 2017₹15
28 Jul 2017₹15
11 Aug 2017₹15
24 Aug 2017₹15
8 Sep 2017₹15
22 Sep 2017₹16
6 Oct 2017₹16
19 Oct 2017₹16
3 Nov 2017₹16
17 Nov 2017₹16
1 Dec 2017₹16
15 Dec 2017₹16
29 Dec 2017₹17
12 Jan 2018₹17
25 Jan 2018₹17
9 Feb 2018₹17
23 Feb 2018₹17
9 Mar 2018₹17
23 Mar 2018₹17
6 Apr 2018₹17
20 Apr 2018₹17
4 May 2018₹17
18 May 2018₹17
1 Jun 2018₹17
15 Jun 2018₹17
29 Jun 2018₹18
13 Jul 2018₹18
27 Jul 2018₹18
10 Aug 2018₹18
24 Aug 2018₹18
7 Sep 2018₹18
21 Sep 2018₹19
5 Oct 2018₹19
19 Oct 2018₹19
2 Nov 2018₹19
16 Nov 2018₹19
30 Nov 2018₹19
14 Dec 2018₹19
28 Dec 2018₹20
11 Jan 2019₹20
25 Jan 2019₹20
8 Feb 2019₹20
22 Feb 2019₹20
8 Mar 2019₹20
22 Mar 2019₹20
5 Apr 2019₹20
18 Apr 2019₹20
3 May 2019₹20
17 May 2019₹20
31 May 2019₹20
14 Jun 2019₹20
28 Jun 2019₹20
12 Jul 2019₹20
26 Jul 2019₹20
9 Aug 2019₹20
23 Aug 2019₹20
6 Sep 2019₹20
20 Sep 2019₹20
4 Oct 2019₹20
18 Oct 2019₹20
1 Nov 2019₹20
15 Nov 2019₹20
29 Nov 2019₹20
13 Dec 2019₹20
27 Dec 2019₹20
10 Jan 2020₹20
24 Jan 2020₹20
7 Feb 2020₹20
20 Feb 2020₹20
6 Mar 2020₹20
20 Mar 2020₹20
3 Apr 2020₹22
17 Apr 2020₹22
30 Apr 2020₹22
15 May 2020₹22
29 May 2020₹22
12 Jun 2020₹22
26 Jun 2020₹23
10 Jul 2020₹23
24 Jul 2020₹23
7 Aug 2020₹23
21 Aug 2020₹23
4 Sep 2020₹23
18 Sep 2020₹23
1 Oct 2020₹23
16 Oct 2020₹23
30 Oct 2020₹22
28 Feb 2025₹22
13 Mar 2025₹22
28 Mar 2025₹16
11 Apr 2025₹16
25 Apr 2025₹16
9 May 2025₹16
23 May 2025₹16
6 Jun 2025₹16
20 Jun 2025₹19
4 Jul 2025₹19
18 Jul 2025₹19
1 Aug 2025₹19
14 Aug 2025₹19
29 Aug 2025₹19
12 Sep 2025₹19
26 Sep 2025₹22
10 Oct 2025₹22
24 Oct 2025₹22
7 Nov 2025₹22
21 Nov 2025₹22
5 Dec 2025₹22
19 Dec 2025₹22
2 Jan 2026₹23
16 Jan 2026₹23
1 Feb 2026₹23
13 Feb 2026₹23
27 Feb 2026₹23
13 Mar 2026₹23
27 Mar 2026₹24
10 Apr 2026₹24
24 Apr 2026₹24
8 May 2026₹24
22 May 2026₹24
4 Jun 2026₹24
10 Jun 2026₹24
17 Jun 2026₹24
24 Jun 2026₹24
1 Jul 2026₹24
10 Jul 2026₹24
24 Jul 2026₹24
7 Aug 2026₹24
21 Aug 2026₹24
4 Sep 2026₹24
18 Sep 2026₹24
1 Oct 2026₹23
16 Oct 2026₹23
30 Oct 2026₹25
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 45× are drawn at the top edge.

PEG 1.51: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.51×
  • PEG = 1.0 1.00×
PEG 1.51: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q1 FY251.42×1.00×
Q2 FY251.77×1.00×
Q3 FY251.89×1.00×
Q4 FY251.89×1.00×
Q1 FY261.32×1.00×
Q2 FY261.58×1.00×
Q3 FY261.51×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 7 quarters.
20.1×P/E · higher than 59% of its last 11 years
1.72PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +15.8% while the price moved −25.5%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 10 years the price moved +9.7% a year; about +6.6% a year came from earnings growth and about +3.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Hexaware Technologies business getting better or worse?

Hexaware Technologies Ltd's business is turning around. EPS growth has swung from −14.9% at its low to +0.1%, rising from a low 5 quarters ago, with ROCE falling at 23.3%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +12.2% in FY25, profit +16.5%

  • Revenue growth 12.2%
Growth year by year: revenue +12.2% in FY25, profit +16.5%
QuarterRevenue growth
FY1521%
FY1613.2%
FY1711.5%
FY1817.9%
FY1920.1%
FY2012.2%
FY2114.6%
FY2228.2%
FY2312.8%
FY2415.4%
FY2512.2%

Profit growth, EPS growth

  • Profit growth 16.5%
  • EPS growth 15.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1522.8%22.6%
FY166.6%6.4%
FY1719.3%21.3%
FY1816.6%16.6%
FY199.9%9.5%
FY20−3%−3.7%
FY2120.4%20.5%
FY2218%18.1%
FY2312.9%12.8%
FY2417.6%−41.7%
FY2516.5%15.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 13.4%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Dec 2023–
Mar 202445.4%
Jun 202461.5%
Sep 202483.7%
Dec 202463.7%
Mar 202545.9%
Jun 202529%
Sep 202514.6%
Dec 202512.2%
Mar 202611.3%
Jun 202613%
Sep 202613.4%

Profit, EPS

  • Profit 0.4%
  • EPS 0.1%
Profit, EPS
QuarterProfitEPS
Dec 2023––
Mar 202416.1%53.5%
Jun 202434%30.6%
Sep 202459.1%14.7%
Dec 202472%5.6%
Mar 202555.4%−23.3%
Jun 202545.9%−14.9%
Sep 202533.5%−9.1%
Dec 202516.5%−6.6%
Mar 202614%13.5%
Jun 20261.2%0.7%
Sep 20260.4%0.1%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 23.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202322.2%
Mar 202424.2%
Jun 202426.6%
Sep 202429.9%
Dec 202429.1%
Mar 202528.3%
Jun 202530.3%
Sep 202527.2%
Dec 202527%
Mar 202624.9%
Jun 202626.1%
Sep 202623.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +13.4%, range +11.3% to +83.7%
FallingProfit growth · latest +0.4%, range +0.4% to +72.0%
FlatEPS growth · latest +0.1%, range −23.3% to +53.5%
Turning downROCE · latest 23.3%, range 22.2% to 30.3%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+12.2%+13.4%+16.5%+15.7%
Profit+16.5%+15.7%+17.1%+13.3%
EPS+15.8%−8.7%+1.6%+5.6%
Share price−25.5%——+9.7%
+12.9%Revenue growth (Sep 2026) · latest quarter against a year ago
+15.9%Profit growth (Sep 2026) · latest quarter against a year ago
15.7%Revenue, 10 years · yearly growth over the long run

How much does Hexaware Technologies earn on its capital?

Hexaware Technologies Ltd earned a ROCE of 30% in FY25. That is up from a low of 27% in FY20. Its return on capital used (ROIC) is 14.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.2% net margin and 1.23× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY25): a 10.2% net margin × 1.23× asset turnover × 1.73× leverage (assets divided by equity) ≈ 21.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 26.7% − 12.0% = +14.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 26.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 33.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROCE 30%, the climb back from FY20's 27%

  • ROCE 30%
  • ROIC (annual) 33.5%
  • Cost of capital 12%
FY25: ROCE 30%, the climb back from FY20's 27%
QuarterROCEROIC (annual)Cost of capital
FY1434%–12%
FY1537%–12%
FY1635%–12%
FY1734%–12%
FY1833%–12%
FY1930%–12%
FY2027%–12%
FY2127%26.1%12%
FY2228%25.2%12%
FY2327%33.4%12%
FY2430%37.1%12%
FY2530%33.5%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 12-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q3 FY26: ROCE 24.6% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 24.6%
  • ROIC (12 months) 31.2%
  • Cost of capital 12.0%
Q3 FY26: ROCE 24.6% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q1 FY23–20.9%12%
Q4 FY2326.5%–12%
Q2 FY2425.6%–12%
Q3 FY2424.8%–12%
Q4 FY2428%–12%
Q1 FY2525.7%34.6%12%
Q2 FY2527.5%33.6%12%
Q3 FY2523%31.8%12%
Q4 FY2524.8%32.7%12%
Q1 FY2623.3%32.3%12%
Q2 FY2625.7%31%12%
Q3 FY2624.6%31.2%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Hexaware Technologies have too much debt?

Hexaware Technologies Ltd has total debt of ₹652 Cr against shareholder equity of ₹7,213 Cr as of Sep 2026, so its debt is 0.09× its equity, which is very little. Year by year, that ratio went from 0.28 in FY20 to 0.11 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹713 Cr, 0.11× equity

  • Total debt ₹713
FY26: debt ₹713 Cr, 0.11× equity
QuarterTotal debt
FY20₹821
FY23₹457
FY24₹394
FY25₹568
FY26₹713

Debt-to-equity

  • Debt-to-equity 0.11×
Debt-to-equity
QuarterDebt-to-equity
FY200.28×
FY230.11×
FY240.09×
FY250.10×
FY260.11×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹652 Cr, debt-to-equity 0.09

  • Total debt (quarterly) ₹652
Sep 2026: debt ₹652 Cr, debt-to-equity 0.09
QuarterTotal debt (quarterly)
Dec 2023₹394
Mar 2024₹394
Jun 2024₹411
Sep 2024₹518
Dec 2024₹574
Mar 2025₹568
Jun 2025₹582
Sep 2025₹629
Dec 2025₹681
Mar 2026₹713
Jun 2026₹683
Sep 2026₹652

Debt-to-equity

  • Debt-to-equity 0.09×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.09×
Mar 20240.09×
Jun 20240.08×
Sep 20240.10×
Dec 20240.11×
Mar 20250.10×
Jun 20250.10×
Sep 20250.10×
Dec 20250.11×
Mar 20260.11×
Jun 20260.10×
Sep 20260.09×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Hexaware Technologies shareholding pattern?

Promoters raised their stake in Hexaware Technologies Ltd by 12.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 74.3% of the company. Foreign institutions moved −10.8 points over the same period, to 3.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: +12.0 points over 8 quarters, to 74.3%; Foreign institutions: −10.8 points over 8 quarters, to 3.3%; Domestic institutions: +3.0 points over 8 quarters, to 16.2%.

Why the owners changed: foreign institutions moved −10.8 points and domestic institutions +3.0 points over 8 quarters, while promoters moved +12.0 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: promoters +11.9 points from Mar 2020 to Mar 2026

  • Promoters 74.3%
  • Foreign inst. 4.2%
  • Domestic inst. 15.04%
  • Public 6.18%
Year ends: promoters +11.9 points from Mar 2020 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202062.44%16.82%12.86%7.88%
Mar 202574.71%10.59%9.06%5.65%
Mar 202674.3%4.2%15.04%6.18%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters raised their stake by 12.0 points over 8 quarters

  • Promoters 74.3%
  • Foreign inst. 3.25%
  • Domestic inst. 16.16%
  • Public 6.12%
Promoters raised their stake by 12.0 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Jun 201962.52%16.76%11.88%8.84%
Sep 201962.45%17.85%11.58%8.12%
Dec 201962.44%16.97%12.41%8.17%
Mar 202062.44%16.82%12.86%7.88%
Jun 202062.34%14.03%13.12%10.51%
Sep 202091.16%2.94%0%5.9%
Mar 202574.71%10.59%9.06%5.65%
Jun 202574.57%9.76%9.87%5.61%
Sep 202574.55%8.31%11.13%5.99%
Dec 202574.3%8.15%11.31%5.97%
Mar 202674.3%4.2%15.04%6.18%
Jun 202674.3%3.19%16.06%6.23%
Sep 202674.3%3.25%16.16%6.12%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Hexaware Technologies from balance-sheet trouble?

For Hexaware Technologies Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Hexaware Technologies rank in its industry?

42.0 out of 100, rank 47 of 69 in IT - Software, with 85% of the evidence available.

Hexaware Technologies Ltd scores 42.0 out of 100 against the 69 companies it is compared with in IT - Software, ranking 47. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.

The four parts add up to the total exactly: 13.7 + 16.6 + 2.8 + 8.9 = 42. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Hexaware Technologies compared with?

Hexaware Technologies ranks 47 of 69 IT - Software companies on the 4-Factor Sector Score, with 42.0 out of 100.

  1. 1Coforge LtdCOFORGE · leader · Most evidence points up · 100% evidence69.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidenceCapital efficiency 16.4/25 · ROCE 23.5% · Operating margin 20% · 100% evidenceValuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidenceRelative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks aheadExact sum: 23.4 + 16.4 + 11.3 + 18.5 = 69.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Expleo Solutions LtdEXPLEOSOL · breaking out · Most evidence points up · 81% evidence68.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidenceCapital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidenceValuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidenceRelative strength 9.6/20 · Lead over its industry — · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks aheadExact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Cigniti Technologies LtdCIGNITITEC · Too little evidence to rank firmly · 55% evidence68.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidenceCapital efficiency 20.8/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidenceValuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 27.8 + 20.8 + 19.5 = 68.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  4. 4Metalic Technoforge LtdMETA · turning · Too little evidence to rank firmly · 51% evidence67.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidenceCapital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidenceValuation 14.3/25 · P/E 6.6× · PEG — · 15% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  5. 5Sahana Systems LtdSAHANA · leader · Too little evidence to rank firmly · 54% evidence66.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidenceCapital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidenceValuation 12.0/20 · P/E 14.5× · PEG — · 50% evidenceRelative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  6. 6Silver Touch Technologies LtdSILVERTUC · quiet · Most evidence points up · 100% evidence65.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidenceCapital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidenceValuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidenceRelative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%.
  7. 7NINtec Systems LtdNINSYS · turning · Most evidence points up · 93% evidence65.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidenceCapital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidenceValuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidenceRelative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks aheadExact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  8. 8Unified Data- Tech Solutions Ltdbreaking out · Too little evidence to rank firmly · 56% evidence63.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Revenue — · Profit — · Operating margin change 2 points · 26% evidenceCapital efficiency 18.3/25 · ROCE 34.1% · Operating margin 15% · 95% evidenceValuation 10.2/20 · P/E 17.3× · PEG — · 15% evidenceRelative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks aheadExact sum: 17 + 18.3 + 10.2 + 17.8 = 63.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  9. 9ASM Technologies Ltdleader · Evidence leans up · 61% evidence63.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidenceCapital efficiency 15.9/25 · ROCE 27% · Operating margin 23% · 95% evidenceValuation 8.7/20 · P/E 124× · PEG — · 15% evidenceRelative strength 12.3/20 · Lead over its industry — · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks aheadExact sum: 26.1 + 15.9 + 8.7 + 12.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Tanla Platforms LtdTANLA · turning · Evidence leans up · 85% evidence62.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidenceCapital efficiency 18.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidenceValuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidenceRelative strength 11.7/20 · Lead over its industry — · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks aheadExact sum: 18.7 + 18.3 + 14 + 11.7 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11String Metaverse Ltdbreaking out · Evidence leans up · 83% evidence62.5out of 100GrowthCapitalValuationRelative
  12. 12Tech Mahindra LtdTECHM · leader · Evidence leans up · 85% evidence62.1out of 100GrowthCapitalValuationRelative
  13. 13Infosys LtdINFY · breaking out · Evidence leans up · 82% evidence61.7out of 100GrowthCapitalValuationRelative
  14. 14InfoBeans Technologies LtdINFOBEAN · quiet · Evidence leans up · 100% evidence61.6out of 100GrowthCapitalValuationRelative
  15. 15Zensar Technologies LtdZENSARTECH · turning · Evidence leans up · 100% evidence61.6out of 100GrowthCapitalValuationRelative
  16. 16Tata Consultancy Services LtdTCS · breaking out · Evidence leans up · 100% evidence60.9out of 100GrowthCapitalValuationRelative
  17. 17Sasken Technologies LtdSASKEN · turning · Evidence leans up · 100% evidence60.8out of 100GrowthCapitalValuationRelative
  18. 18Birlasoft LtdBSOFT · breaking out · Evidence leans up · 100% evidence59.5out of 100GrowthCapitalValuationRelative
  19. 19Seshaasai Technologies LtdSTYL · quiet · Evidence leans up · 68% evidence59.5out of 100GrowthCapitalValuationRelative
  20. 20Xchanging Solutions LtdXCHANGING · quiet · Evidence leans up · 85% evidence59.1out of 100GrowthCapitalValuationRelative
  21. 21RNIT AI Solutions LtdAUTOPALIND · breaking out · Evidence leans up · 69% evidence59.1out of 100GrowthCapitalValuationRelative
  22. 22Danlaw Technologies India Ltdbreaking out · Evidence leans up · 68% evidence58.8out of 100GrowthCapitalValuationRelative
  23. 23Softtech Engineers LtdSOFTTECH · breaking out · Evidence leans up · 79% evidence58.3out of 100GrowthCapitalValuationRelative
  24. 24R Systems International LtdRSYSTEMS · losing its lead · Evidence leans up · 96% evidence57.0out of 100GrowthCapitalValuationRelative
  25. 25HCL Technologies LtdHCLTECH · leader · Evidence leans up · 82% evidence56.7out of 100GrowthCapitalValuationRelative
  26. 26Datamatics Global Services LtdDATAMATICS · quiet · Evidence leans up · 81% evidence55.8out of 100GrowthCapitalValuationRelative
  27. 27Wipro LtdWIPRO · turning · Evidence leans up · 100% evidence55.4out of 100GrowthCapitalValuationRelative
  28. 28Subex LtdSUBEXLTD · breaking out · Evidence leans up · 64% evidence55.4out of 100GrowthCapitalValuationRelative
  29. 29Ksolves India LtdKSOLVES · quiet · Evidence leans up · 100% evidence52.8out of 100GrowthCapitalValuationRelative
  30. 30Capillary Technologies India LtdCAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence52.6out of 100GrowthCapitalValuationRelative
  31. 31LTM LtdLTM · losing its lead · Evidence leans up · 100% evidence51.1out of 100GrowthCapitalValuationRelative
  32. 32TechNVision Ventures LtdTECHNVISN · quiet · Evidence leans up · 64% evidence51.1out of 100GrowthCapitalValuationRelative
  33. 33Saksoft LtdSAKSOFT · basing · Evidence leans up · 96% evidence50.9out of 100GrowthCapitalValuationRelative
  34. 34BLS E-Services LtdBLSE · leader · Evidence leans up · 78% evidence50.5out of 100GrowthCapitalValuationRelative
  35. 35Mphasis LtdMPHASIS · breaking out · Evidence leans up · 81% evidence50.3out of 100GrowthCapitalValuationRelative
  36. 36Excelsoft Technologies LtdEXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence50.3out of 100GrowthCapitalValuationRelative
  37. 37Blue Cloud Softech Solutions LtdBLUECLOUDS · turning · Evidence leans down · 64% evidence49.9out of 100GrowthCapitalValuationRelative
  38. 38ACS Technologies LtdACSTECH · Evidence leans down · 74% evidence49.5out of 100GrowthCapitalValuationRelative
  39. 39Magellanic Cloud LtdMCLOUD · basing · Evidence leans down · 81% evidence49.2out of 100GrowthCapitalValuationRelative
  40. 40Dynacons Systems & Solutions LtdDSSL · quiet · Evidence leans down · 96% evidence48.5out of 100GrowthCapitalValuationRelative
  41. 41IZMO LtdIZMO · quiet · Evidence leans down · 81% evidence48.0out of 100GrowthCapitalValuationRelative
  42. 42Mastek LtdMASTEK · quiet · Evidence leans down · 100% evidence47.1out of 100GrowthCapitalValuationRelative
  43. 43Sonata Software LtdSONATSOFTW · quiet · Evidence leans down · 96% evidence46.9out of 100GrowthCapitalValuationRelative
  44. 44AvenuesAI LtdCCAVENUE · quiet · Evidence leans down · 89% evidence44.8out of 100GrowthCapitalValuationRelative
  45. 45Unicommerce eSolutions LtdUNIECOM · turning · Evidence leans down · 78% evidence44.6out of 100GrowthCapitalValuationRelative
  46. 46Allied Digital Services LtdADSL · basing · Evidence leans down · 74% evidence42.1out of 100GrowthCapitalValuationRelative
  47. 47Hexaware Technologies Ltd this pageHEXT · basing · Evidence leans down · 85% evidence42.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.7/35 · Revenue 13.4% · Profit 0.4% · Operating margin change -3 points · 100% evidenceCapital efficiency 16.6/25 · ROCE 30.1% · Operating margin 14% · 100% evidenceValuation 2.8/20 · P/E 20.1× · PEG 3.46 · 100% evidenceRelative strength 8.9/20 · Lead over its industry — · Lead over NIFTY 500 -7.1% · 1 year -27% · 25% evidence · 6 of 12 weeks aheadExact sum: 13.7 + 16.6 + 2.8 + 8.9 = 42 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  48. 48Hypersoft Technologies Ltdquiet · Evidence leans down · 80% evidence40.9out of 100GrowthCapitalValuationRelative
  49. 49Kellton Tech Solutions LtdKELLTONTEC · quiet · Evidence leans down · 96% evidence38.9out of 100GrowthCapitalValuationRelative
  50. 503i Infotech Ltd3IINFOLTD · Too little evidence to rank firmly · 58% evidence38.9out of 100GrowthCapitalValuationRelative
  51. 51Innovana Thinklabs LtdINNOVANA · basing · Evidence leans down · 81% evidence37.6out of 100GrowthCapitalValuationRelative
  52. 52Mindteck (India) LtdMINDTECK · Most evidence points down · 76% evidence32.8out of 100GrowthCapitalValuationRelative
  53. 53Aurionpro Solutions LtdAURIONPRO · basing · Most evidence points down · 93% evidence29.7out of 100GrowthCapitalValuationRelative
  54. 54Moschip Technologies LtdMOSCHIP · quiet · Most evidence points down · 65% evidence26.1out of 100GrowthCapitalValuationRelative
  55. 55Quick Heal Technologies LtdQUICKHEAL · turning · Most evidence points down · 80% evidence22.9out of 100GrowthCapitalValuationRelative
  56. 56Orient Technologies LtdORIENTTECH · quiet · Most evidence points down · 76% evidence21.2out of 100GrowthCapitalValuationRelative
  57. 57Covance Softsol LtdToo little evidence to rank firmly · 31% evidence62.9out of 100GrowthCapitalValuationRelative
  58. 58Exato Technologies Ltdlosing its lead · Too little evidence to rank firmly · 43% evidence59.2out of 100GrowthCapitalValuationRelative
  59. 59TAC Infosec LtdTAC · quiet · Too little evidence to rank firmly · 48% evidence58.5out of 100GrowthCapitalValuationRelative
  60. 60Veefin Solutions LtdVEEFIN · basing · Too little evidence to rank firmly · 43% evidence54.2out of 100GrowthCapitalValuationRelative
  61. 61Kody Technolab LtdKODYTECH · leader · Too little evidence to rank firmly · 35% evidence53.5out of 100GrowthCapitalValuationRelative
  62. 62Optivalue Tek Consulting LtdOPTIVALUE · Too little evidence to rank firmly · 32% evidence51.4out of 100GrowthCapitalValuationRelative
  63. 63Workmates Core2cloud Solution LtdToo little evidence to rank firmly · 26% evidence51.3out of 100GrowthCapitalValuationRelative
  64. 64Trident Techlabs LtdTECHLABS · Too little evidence to rank firmly · 27% evidence47.5out of 100GrowthCapitalValuationRelative
  65. 65ERP Soft Systems LtdToo little evidence to rank firmly · 36% evidence46.7out of 100GrowthCapitalValuationRelative
  66. 66Sancode Technologies LtdToo little evidence to rank firmly · 35% evidence46.5out of 100GrowthCapitalValuationRelative
  67. 6763 Moons Technologies Ltd63MOONS · leader · Too little evidence to rank firmly · 46% evidence45.6out of 100GrowthCapitalValuationRelative
  68. 68XT Global Infotech LtdXTGLOBAL · Too little evidence to rank firmly · 40% evidence45.4out of 100GrowthCapitalValuationRelative
  69. 69IDream Film Infrastructure Company Ltdquiet · Too little evidence to rank firmly · 42% evidence34.9out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: IT - Software, all 69 compared on one page.

Which companies are close to Hexaware Technologies in size?

Hexaware Technologies is the 9th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: LTM, Coforge and Mphasis. Just below it: IDream Film Infrastructure Company, Zensar Technologies and ASM Technologies.

IT - Software companies close in size

  1. LTM Ltd ₹1,25,583 crore
  2. Coforge Ltd ₹90,606 crore
  3. Mphasis Ltd ₹48,226 crore
  4. Hexaware Technologies Ltd ₹30,661 crore
  5. IDream Film Infrastructure Company Ltd ₹12,644 crore
  6. Zensar Technologies Ltd ₹12,196 crore
  7. ASM Technologies Ltd ₹9,058 crore

All 68 IT - Software companies, largest first

Companies close in size in other industries

  1. Wockhardt Ltd ₹30,895 crore · Pharma - Formulators
  2. Dr Lal Pathlabs Ltd ₹30,674 crore · Diagnostics
  3. Hexaware Technologies Ltd ₹30,661 crore
  4. Godrej Industries Ltd ₹30,482 crore · Finance - Holding Company
  5. Mangalore Refinery And Petrochemicals Ltd ₹30,346 crore · Refineries

What else do people ask about Hexaware Technologies?

What is Hexaware Technologies's share price today?

Hexaware Technologies Ltd's share price is ₹501.20, −25.5% over the past year. The whole company is worth ₹30,612 Cr on the market.

In the last 52 weeks it traded between ₹411 to ₹793; today it is 24% of the way up from the low, 9.9% below its 200-day average (as of 4 November 2026).

What were Hexaware Technologies's latest quarterly results?

Hexaware Technologies Ltd reported revenue of ₹3,933 Cr and net profit of ₹429 Cr for the Sep 2026 quarter. Revenue rose 12.9% and profit rose 15.9% compared with a year earlier. Earnings per share were ₹7.05.

The operating margin was 14.0%, 3.0 percentage points lower than a year earlier (as of 4 November 2026).

What is Hexaware Technologies's market cap?

Hexaware Technologies Ltd's market capitalisation is ₹30,612 Cr at a share price of ₹501.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Hexaware Technologies performing?

Hexaware Technologies Ltd's share price has been falling for 37 weeks. In its latest quarter, revenue rose 12.9% and profit rose 15.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 4 November 2026).

Will Hexaware Technologies's share price go up?

This page does not forecast Hexaware Technologies Ltd's share price. What it shows instead: the share price is ₹501.20, and it has been falling for 37 weeks. Its P/E of 20.1× is higher than 59% of its own last 11 years (as of 4 November 2026).

Who owns Hexaware Technologies?

Promoters own 74.3% of Hexaware Technologies Ltd, foreign institutions 3.3%, domestic institutions 16.2% and the public 6.1% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 12.0 percentage points over 8 quarters (as of 4 November 2026).

Does Hexaware Technologies have too much debt?

No, Hexaware Technologies Ltd has little debt: its debt is 0.11× its equity, and its operating profit is 18 times its interest bill. FY25 borrowings were ₹681 Cr against equity of ₹6,316 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Hexaware Technologies in its business cycle?

Hexaware Technologies Ltd's FY25 operating margin was 14.0%, against a 12-year range of 13.0% to 17.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 14.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Hexaware Technologies story?

The main question: yearly earnings per share moved +15.8% while the share price moved −25.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Hexaware Technologies a stock worth studying right now?

What the numbers show: Hexaware Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +15.8% in a year while the price moved −25.5%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Hexaware Technologies share price forecast for 2026?

What management itself guided: CY26 adjusted EBIT margin 13%-13.5%.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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