for 25 Years

People, Purpose, Progress:

HCLTech’s

Annual Report 2024-25

for 25 Years

Creating Exceptional Value for Shareholders

Best-in-class 
Total Shareholder Return (TSR)

20.6%

cumulative TSR growth (CAGR) for 25 years

89

consecutive quarters of dividend paid, as of March 2025

An investment of

₹58,000

for a lot of 100 shares 
in the company's IPO

is now worth
approximately

₹32,00,000

(ex-dividend)

Based on share price as of Jan 10, 2025

₹4,50,000

in total dividend received

Message from
the Chairperson

Roshni Nadar Malhotra
Roshni Nadar Malhotra
Quotes

We continue to invest aggressively in our technology capabilities. We have made significant progress by developing a full-stack AI portfolio that allows clients to innovate and deploy real-world solutions at scale. We are also ensuring that we deliver our AI capabilities ethically and responsibly.

Roshni Nadar Malhotra's signature

Roshni Nadar Malhotra

Message from the
CEO & Managing Director

C Vijayakumar
C Vijayakumar
Quotes

As AI adoption among enterprises becomes mainstream, HCLTech is in a sweet spot to ride this opportunity curve with its full-stack portfolio and leadership in software and IP-led services. Our entrepreneurial DNA, well supported by our engineering pedigree, is enabling us to develop new propositions that empower our clients and fuel their business growth.

Another Year of Best-in-class Growth

Revenue

$13.8B

4.3%YoY

117,055Cr

6.5%YoY

Earnings before other income, tax and finance cost

₹21,420Cr

7%YoY

Profit after tax (PAT) 
(attributable to owners of the company)

₹17,390Cr

10.8%YoY

Free cash flow

₹21,153Cr

New large deals 
signed

66

Total increase in $100M+ clients over five FYs

1.5x

New deal total 
contract value (TCV)

$9.3B
Segment revenue**(₹ Cr)
86,438

IT and Business Services

18,960

Engineering and R&D Services

12,049

HCLSoftware

**Includes inter-segment revenue of INR 392 crores

Free Cash Flow (FCF) Net Income (NI) Ratio and Dividend Payout Ratio (DPR)
Free Cash Flow(FCF)
Dividend (on declared basis) (₹ Cr)
Free Cash Flow(FCF)

*4-year CAGR

Free Cash Flow(FCF)

*4-year CAGR

Client Category (Number of clients)
 

Global Presence

map

60+

Countries

220+

Global delivery centers

24/7

Agile operations 
across time zones

30+

Languages

70+

Labs

20

Collaboration
Studios

7

Experience zones
and CECs

Awards and Recognitions

Roshni Nadar Malhotra, Chairperson, HCLTech conferred the Chevalier de la Légion d’Honneur, France’s highest civilian award

Roshni Nadar Malhotra, Chairperson, HCLTech conferred the Chevalier de la Légion d’Honneur, France’s highest civilian award

Recognized as one of Ethisphere’s 2025 World’s Most Ethical Companies®

Recognized as one of Ethisphere’s 2025 World’s Most Ethical Companies®

024 IFCCI Annual CSR Conclave and Awards to HCLFoundation in the Healthcare category

2024 IFCCI Annual CSR Conclave and Awards to HCLFoundation in the Healthcare category

Executive
Recognitions

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Corporate
Recognitions

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Employer
Recognitions

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Business
Recognitions

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ESG Recognitions

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Analyst Recognitions

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Value Creation Approach

Our Value Creation Model illustrates how we endeavor to create value for all stakeholders through prudent resource allocation, a sharp focus on innovation and a strong commitment to equitable and sustainable growth.

Overview & model

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1

Financial Capital

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Financial Capital
Financial Capital

Human Capital

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Human Capital
Human Capital

Intellectual Capital

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Intellectual Capital
Intellectual Capital

Social and
Relationship
Capital

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Social and Relationship Capital
Social and Relationship Capital

Natural Capital

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Learn more

Natural Capital
Natural Capital

Corporate Social Responsibility

Corporate Social Responsibility
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