Stock · HCLTECH · Information Technology
HCLTECH share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for HCL Technologies Limited, refreshed every end-of-day run. A systematic, data-only read on HCL Technologies Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads HCLTECH as two-way with a Crack Score of 60/100 as of 21 Jul 2026.
BazaarBaaziSource & method
The scanner's readScanned · scanned 21 Jul 2026
Where HCLTECH stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
80/100Fundamental axis
88/100Money flow
62/100Result pulse · Q1 FY27
77/100Fundamental evidence
net profit +20.34% YoY
revenue +13.94% YoY
net margin 13.38%
result score 77.0/100
cheaper than sector (0.79x median)
bottom-half P/E within sector
result score 77.0/100
earnings not shrinking
Red flags
below 200DMA (not a long-side trend)
strong filed result (score 77.0)
Relative valuation
P/E (TTM)
19.3P/E vs sector
+0.8%Sector percentile
22PEG
0.95Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q1 FY27 result.
Price target: support and resistanceComputed 21 Jul 2026
Support and resistance for HCLTECH are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the HCLTECH chart, refreshed every end-of-day run.
The Crack Score, and how it is built60 / 100 · Constructive
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for HCLTECH, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
About HCL Technologies LimitedBusiness profile
What HCLTECH actually does, and the edge that holds its position.
HCL Technologies is India's third-largest IT services company, with a distinctive business mix that combines traditional IT services with its HCL Software products business and a strong engineering research and development (ER&D) services practice. The products segment, which includes software licences from acquired product portfolios, generates a recurring revenue stream uncommon among pure-play IT services peers. Its ER&D practice serves semiconductor, automotive, aerospace, and industrial clients.
HCL Tech's software product portfolio and ER&D services differentiate it from peers who are almost entirely services-revenue businesses. The recurring licence revenue in the products segment provides earnings visibility that pure project-based IT businesses do not have, and the ER&D specialisation is hard to replicate without years of domain engineering talent build-up.
The F&O viewHorizon · swing
How the futures and options structure on HCLTECH reads right now.
The editorial price read on HCLTECH is mixed. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on HCLTECH can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving HCLTECH.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why HCLTECH moved, the living explainer, tracks every move on one URL.
The 2026 to 2030 pictureStructural read
What genuinely drives HCLTECH over a multi-year horizon. A structural read, not a price forecast.
From 2026 to 2030, HCL Tech's trajectory pivots on whether the ER&D segment captures the wave of software-defined vehicle, industrial IoT, and chip design outsourcing that is growing globally. The software products business needs to sustain renewal rates as enterprise software spending shifts toward SaaS models. The services segment competes in the same AI-transformation space as TCS and Infosys, where differentiation is increasingly around domain depth.
What to watch:
- HCLSoftware segment revenue and renewal rates
- ER&D services growth driven by automotive and semiconductor clients
- Total deal TCV in IT services and cloud migration projects
- Operating margin across the three business segments: IT services, ER&D, software
- Currency exposure, particularly to the US dollar and euro
Peers and how to compare4 listed names
The listed names HCLTECH is most often read against. Compare them on the same Crack Score and levels.
Live valuation readQ1 FY27 earnings · live spot
P/E, P/B, yield and the quality set for HCL Technologies Limited, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.
P / E
19.3x
Earnings yield
5.18%
P / B
4.49x
Dividend yield
4.84%
Market cap
Rs 3.35 lakh cr
Enterprise value
Rs 3.35 lakh cr
Book value / share
Rs 276.14
Stored from HCL Technologies Limited's filed results, as of 2026-07-21 and currency-checked. Price input Rs 1,239.50 from baked EOD spot. Open the calculator, move the price and watch every ratio react.
Latest filed resultsQ1 FY27
HCL Technologies Limited's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
77 / 100Revenue
Rs 34,579 crNet profit
Rs 4,626 crEPS (quarter)
Rs 17.09| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +13.9% | n/a |
| Net profit | +20.3% | n/a |
| Net margin | +13.4% | |
Figures are the Q1 FY27 result for HCL Technologies Limited, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter33 quarters on record
HCL Technologies Limited's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
HCLTECH official result trail
33 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q1 FY27ended 30 Jun 2026 / Consolidated, audited | Rs 34,579 cr | Rs 17.09 | +20.3% | 77/100 | Filing |
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 33,981 cr | Rs 16.59 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 33,872 cr | Rs 15.06 | n/a | 50/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 31,942 cr | Rs 15.63 | n/a | 56/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 30,349 cr | Rs 14.18 | n/a | 50/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 30,246 cr | Rs 15.90 | n/a | n/a | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 29,890 cr | Rs 16.94 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 28,862 cr | Rs 15.62 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 28,057 cr | Rs 15.70 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 28,499 cr | Rs 14.72 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 28,446 cr | Rs 16.06 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 26,672 cr | Rs 14.15 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 26,296 cr | Rs 13.05 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 26,606 cr | Rs 14.71 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 26,700 cr | Rs 15.13 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 24,686 cr | Rs 12.89 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 23,464 cr | Rs 12.13 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 22,597 cr | Rs 13.27 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 22,331 cr | Rs 12.69 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 20,655 cr | Rs 12.01 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 20,068 cr | Rs 11.81 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 19,641 cr | Rs 4.06 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 19,302 cr | Rs 14.63 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 18,594 cr | Rs 11.58 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 17,842 cr | Rs 10.80 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 18,587 cr | Rs 11.67 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 18,135 cr | Rs 10.85 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 17,527 cr | Rs 19.99 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 16,427 cr | Rs 16.44 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Consolidated, audited | Rs 15,990 cr | Rs 18.80 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Consolidated, audited | Rs 15,699 cr | Rs 19.15 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Consolidated, audited | Rs 14,860 cr | Rs 18.20 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Consolidated, audited | Rs 13,878 cr | Rs 17.46 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
HCL Technologies Limited's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
1,30,144 crNet profit (TTM)
16,652 crEBIT (TTM)
22,971 crProfit before tax (TTM)
22,102 crNet margin (TTM)
12.8%Finance costs (TTM)
869 crBalance sheet, as filed 2026-03-31
Total assets
1,16,258 crShareholder equity
75,197 crTotal borrowings
159 crCash and equivalents
8,265 crInventory
239 crTrade receivables
31,541 crThe cash engine, latest filed year
Operating cash flow
19,975 crCapex
1,422 crFree cash flow
18,553 crInvesting flow
1,473 crFinancing flow
19,369 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 1,30,144 cr | 16,652 cr | 75,197 cr | 159 cr | 19,975 cr |
| FY25 | 1,17,055 cr | 17,399 cr | 69,673 cr | 2,291 cr | 22,261 cr |
| FY24 | 1,09,913 cr | 15,710 cr | 68,271 cr | 2,327 cr | 22,448 cr |
| FY23 | 1,01,456 cr | 14,845 cr | 65,398 cr | 2,251 cr | 18,009 cr |
| FY22 | 85,651 cr | 13,523 cr | 62,006 cr | 3,985 cr | 16,900 cr |
| FY21 | 75,379 cr | 11,169 cr | 60,082 cr | 3,828 cr | n/a |
Every figure is parsed from HCL Technologies Limited's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record34 earnings calls
Every HCLTECH earnings call BazaarBaazi has indexed, latest 30 Apr 2026. Read management in its own words, straight from the filed transcript.
HCL Technologies Limited earnings calls on record
34 calls since 31 Jan 2018
Show 26 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed104 disclosures
Every recent official filing from HCL Technologies Limited, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
HCL Technologies Limited has filed 104 official disclosures recently. The most recent is a Press release dated 21 Jul 2026.
Event Heat
100 / 100Release: HCLTech report exposes widening AI divide with only 18% of enterprises seeing revenue impact despite near-universal adoption
Release: HCLTech named a Customers Choice in 2026 Gartner® Peer Insights Voice of the Customer for Outsourced Digital Workplace Services
Release: "HCLTech expands India footprint with Global Technology Center in GIFT City."
Event Heat is a dated net read of HCL Technologies Limited's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the HCLTECH chart. Not a substitute for a registered research note.
| Ticker | HCLTECH |
|---|---|
| Full name | HCL Technologies Limited |
| Sector | Information Technology |
| Index class | LARGE CAP |
| ISIN | INE860A01027 |
| Market-cap band | ~3.4 lakh cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | HCLTECH |
Reference chart23 Jul 2024
The daily frame the desk reads on HCLTECH.

FAQ17 reader questions · AEO-eligible
The line on HCLTECH, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the HCLTECH share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on HCLTECH. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for HCLTECH?
The BazaarBaazi Crack Score for HCLTECH is 60 out of 100 as of 21 Jul 2026, a constructive reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on HCLTECH?
Strike-level option inventory for HCLTECH is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is HCLTECH in and which peers does BazaarBaazi track?
HCLTECH sits in Information Technology (large cap), indicative market cap ~3.4 lakh cr (indicative), ISIN INE860A01027. The peers BazaarBaazi reads alongside it are INVENTURUS KNOWLEDGE SOLUTIONS LIMITED, TECH MAHINDRA LIMITED, NEWGEN SOFTWARE TECHNOLOGIES LIMITED. A systematic, data-only read on HCL Technologies Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the HCLTECH view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on HCLTECH is mixed, published in Systematic Read on 21 Jul 2026.
Is HCL Technologies a good long-term stock?
HCL Tech has a distinctive mix of services, ER&D, and software products that sets it apart from peers. The long-term case is the ER&D boom from software-defined vehicles and industrial digitisation, plus recurring software licence income. BazaarBaazi publishes a Crack Score for current positioning.
HCL Technologies share price target 2030?
BazaarBaazi does not publish a fixed 2030 price target for HCLTECH. The drivers over that horizon are ER&D market growth, software product renewal rates, and the broader IT services spending cycle. See the dated Crack Score on the BazaarBaazi HCLTECH page.
Why is HCL Technologies share falling?
HCLTECH corrects when IT spending guidance weakens, when software product renewal rates disappoint, or when automotive and semiconductor client capex cycles turn cautious. It also tracks broad IT sector corrections. Check the current Crack Score on the BazaarBaazi page.
Is HCLTECH a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, HCL Technologies Limited sits in the Scanned tier with a setup score of 76/100 (technical 80, fundamental 88). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read HCL Technologies Limited's earnings call transcripts?
BazaarBaazi indexes 34 HCLTECH earnings calls going back to 2018-01-31, latest 2026-04-30. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was HCL Technologies Limited's Q1 FY27 net profit?
HCL Technologies Limited reported a net profit of Rs 4,626 cr for Q1 FY27 (the quarter ended 31 March 2026). That is +20.3% year on year. The figure is from the company's official NSE filing.
What was HCL Technologies Limited's Q1 FY27 revenue?
HCL Technologies Limited reported revenue of Rs 34,579 cr for Q1 FY27. That is +13.9% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate HCL Technologies Limited's Q1 FY27 result?
BazaarBaazi gives HCL Technologies Limited's Q1 FY27 result a Result Pulse of 77 out of 100, with a verdict of Steady. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has HCL Technologies Ltd announced recently?
HCL Technologies Ltd's two most material recent disclosures are a press release dated 21 Jul 2026, "Release: HCLTech report exposes widening AI divide with…", and a disclosure dated 21 Jul 2026, "Copy of Newspaper Publication". Both link to the company's own official filing on the BazaarBaazi stock page.
Has HCL Technologies Ltd declared a dividend recently?
Yes. HCL Technologies Ltd filed a dividend disclosure on 17 Jul 2026, filed as "Interim Dividend - Rs 12 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did HCL Technologies Ltd's latest board meeting cover?
HCL Technologies Ltd's most recent board-meeting disclosure on record dated 20 Jul 2026 reads "Notice of Annual General Meeting to be held on August 12, 2026". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Has HCL Technologies Ltd won any new orders recently?
HCL Technologies Ltd filed an order-related disclosure on 30 Jun 2026, recorded with the exchange as "Release HCLTech VoiceOps AI wins Product of the Year at NAB Show 2026". That is the company's own announcement as filed, linked from the BazaarBaazi stock page. It is information only, not a recommendation to act.
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