HCLTECH · NSE
HCLTech
Phase 4 · Capital Return
Profitable, cash-generative, and returning capital to shareholders through dividends.
Phase 1
Startup
Phase 2
Hyper Growth
Phase 3
Operating Leverage
Phase 4
Capital Return
Phase 5
Decline
Revenue growth (YoY)
11.2%
Mar 2026 vs Mar 2025
Net profit growth (YoY)
-4.3%
Operating cash flow
₹19975 Cr
Mar 2026
Returning capital?
Yes
Last dividend ex-date 2026-07-16
Revenue, profit & operating cash flow
₹ crore, by fiscal year
RevenueNet profitOperating cash flowRevenue ends at ₹130144 Cr. Net profit ends at ₹16652 Cr. Operating cash flow ends at ₹19975 Cr.
Judge management on
Capital allocation — are dividends sized sensibly against free cash flow?
Key metric to watch
Free cash flow and the dividend payout ratio.
Typically valued on
Price/earnings and dividend yield.
| Fiscal year | Revenue | Net profit | Operating cash flow |
|---|---|---|---|
| Mar 2021 | ₹75379 Cr | ₹11169 Cr | ₹19618 Cr |
| Mar 2022 | ₹85651 Cr | ₹13523 Cr | ₹16900 Cr |
| Mar 2023 | ₹101456 Cr | ₹14845 Cr | ₹18009 Cr |
| Mar 2024 | ₹109913 Cr | ₹15710 Cr | ₹22448 Cr |
| Mar 2025 | ₹117055 Cr | ₹17399 Cr | ₹22261 Cr |
| Mar 2026 | ₹130144 Cr | ₹16652 Cr | ₹19975 Cr |
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