# Hexaware Technologies share price today (Hexaware Technologies Ltd, NSE: HEXT) > 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. > 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%. HEXT · IT - Software · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/hexaware-technologies-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹501.20 (−25.5% in a year) - P/E: 20.1× (higher than 59% of the last 11 years) - Revenue (Sep 2026): ₹3,933 Cr (+12.9% on a year ago) - Profit (Sep 2026): ₹429 Cr (+15.9% on a year ago) - Operating margin: 14.0% (−3.0 points on a year ago) - ROCE: 30%, FY25 - ROIC: 26.7%, against a 12.0% cost of capital: +14.7 points The main question: yearly earnings per share moved +15.8% while the share price moved −25.5%. ## 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. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. 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 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 26 Oct 2026 | ₹9.50 | Interim | | 5 May 2026 | ₹8.50 | Interim | | 10 Oct 2025 | ₹5.75 | Interim | | 15 Apr 2025 | ₹5.75 | Interim | 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 5 Of 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 | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | 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 margin | 14.0% | 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 | When | Close | Change 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](https://files.tijoristack.ai/concall/transcript/4225-29-Oct-2026.pdf). (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. - 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. - [Dividend stocks Regular dividend yield (%): 3.59](https://www.sectoralpha.in/dividend-stocks-india) - [Small & mid cap stocks Size rank in India: 272](https://www.sectoralpha.in/small-cap-stocks-india) - [IT stocks Market value (₹ crore): 30624.338780390593](https://www.sectoralpha.in/sectors/it-stocks-india) ## 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. For the full year, FY25 profit was ₹1,368 Cr (+16.5% on the year 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. The last four reported quarters add to ₹14,869 Cr. FY25 revenue was ₹13,430 Cr, +12.2% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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. 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. 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. 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. ## 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). 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. ## 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. ## 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. 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. ## 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. ## 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. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.4/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative 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 ahead Exact 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. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact 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. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.8/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact 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. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact 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. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative 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 ahead Exact 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. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative 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 ahead Exact 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. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative 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 ahead Exact 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. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.3/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative 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 ahead Exact 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. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 15.9/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact 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. [Tanla Platforms Ltd](https://www.sectoralpha.in/stocks/tanla-platforms-ltd) TANLA · turning · Evidence leans up · 85% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidence Capital efficiency 18.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks ahead Exact 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. [String Metaverse Ltd](https://www.sectoralpha.in/stocks/string-metaverse-ltd) breaking out · Evidence leans up · 83% evidence 62.5 out of 100 Growth Capital Valuation Relative 12. 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[Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) SASKEN · turning · Evidence leans up · 100% evidence 60.8 out of 100 Growth Capital Valuation Relative 18. [Birlasoft Ltd](https://www.sectoralpha.in/stocks/birlasoft-ltd) BSOFT · breaking out · Evidence leans up · 100% evidence 59.5 out of 100 Growth Capital Valuation Relative 19. [Seshaasai Technologies Ltd](https://www.sectoralpha.in/stocks/seshaasai-technologies-ltd) STYL · quiet · Evidence leans up · 68% evidence 59.5 out of 100 Growth Capital Valuation Relative 20. [Xchanging Solutions Ltd](https://www.sectoralpha.in/stocks/xchanging-solutions-ltd) XCHANGING · quiet · Evidence leans up · 85% evidence 59.1 out of 100 Growth Capital Valuation Relative 21. [RNIT AI Solutions Ltd](https://www.sectoralpha.in/stocks/rnit-ai-solutions-ltd) AUTOPALIND · breaking out · Evidence leans up · 69% evidence 59.1 out of 100 Growth Capital Valuation Relative 22. [Danlaw Technologies India Ltd](https://www.sectoralpha.in/stocks/danlaw-technologies-india-ltd) breaking out · Evidence leans up · 68% evidence 58.8 out of 100 Growth Capital Valuation Relative 23. [Softtech Engineers Ltd](https://www.sectoralpha.in/stocks/softtech-engineers-ltd) SOFTTECH · breaking out · Evidence leans up · 79% evidence 58.3 out of 100 Growth Capital Valuation Relative 24. [R Systems International Ltd](https://www.sectoralpha.in/stocks/r-systems-international-ltd) RSYSTEMS · losing its lead · Evidence leans up · 96% evidence 57.0 out of 100 Growth Capital Valuation Relative 25. [HCL Technologies Ltd](https://www.sectoralpha.in/stocks/hcl-technologies-ltd) HCLTECH · leader · Evidence leans up · 82% evidence 56.7 out of 100 Growth Capital Valuation Relative 26. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) DATAMATICS · quiet · Evidence leans up · 81% evidence 55.8 out of 100 Growth Capital Valuation Relative 27. [Wipro Ltd](https://www.sectoralpha.in/stocks/wipro-ltd) WIPRO · turning · Evidence leans up · 100% evidence 55.4 out of 100 Growth Capital Valuation Relative 28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 55.4 out of 100 Growth Capital Valuation Relative 29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative 30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative 31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.1 out of 100 Growth Capital Valuation Relative 32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.1 out of 100 Growth Capital Valuation Relative 33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative 34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative 35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.3 out of 100 Growth Capital Valuation Relative 36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative 37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative 38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative 39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative 40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.5 out of 100 Growth Capital Valuation Relative 41. [IZMO Ltd](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative 42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative 43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative 44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative 45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative 46. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 42.1 out of 100 Growth Capital Valuation Relative 47. Hexaware Technologies Ltd this page HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 13.4% · Profit 0.4% · Operating margin change -3 points · 100% evidence Capital efficiency 16.6/25 · ROCE 30.1% · Operating margin 14% · 100% evidence Valuation 2.8/20 · P/E 20.1× · PEG 3.46 · 100% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.1% · 1 year -27% · 25% evidence · 6 of 12 weeks ahead Exact 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. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative 49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 38.9 out of 100 Growth Capital Valuation Relative 50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative 51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative 52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative 53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative 54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative 55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative 56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative 57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative 58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.2 out of 100 Growth Capital Valuation Relative 59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative 60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative 61. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative 62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative 63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 51.3 out of 100 Growth Capital Valuation Relative 64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.5 out of 100 Growth Capital Valuation Relative 65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative 66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.5 out of 100 Growth Capital Valuation Relative 67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative 68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative 69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative 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](https://www.sectoralpha.in/sectors/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](https://www.sectoralpha.in/stocks/ltm-ltd) ₹1,25,583 crore 2. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) ₹90,606 crore 3. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) ₹48,226 crore 4. Hexaware Technologies Ltd ₹30,661 crore 5. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) ₹12,644 crore 6. [Zensar Technologies Ltd](https://www.sectoralpha.in/stocks/zensar-technologies-ltd) ₹12,196 crore 7. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) ₹9,058 crore [All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies) ### Companies close in size in other industries 1. [Wockhardt Ltd](https://www.sectoralpha.in/stocks/wockhardt-ltd) ₹30,895 crore · Pharma - Formulators 2. [Dr Lal Pathlabs Ltd](https://www.sectoralpha.in/stocks/dr-lal-pathlabs-ltd) ₹30,674 crore · Diagnostics 3. Hexaware Technologies Ltd ₹30,661 crore 4. [Godrej Industries Ltd](https://www.sectoralpha.in/stocks/godrej-industries-ltd) ₹30,482 crore · Finance - Holding Company 5. [Mangalore Refinery And Petrochemicals Ltd](https://www.sectoralpha.in/stocks/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%. ## Lists - Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india - IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india This is research, not advice. We’re not SEBI-registered.