Annual Report 2025 - 26Annual Report 2025 - 26

Integrated

Annual Report
2025-26

 
Search input

AI is easy

Engineering the future with AI

At HCLTech, we are moving AI beyond experimentation and into enterprise-wide transformation. Built on more than a decade of AI innovation, our approach embeds AI across services, operations and business functions to accelerate modernization, unlock productivity and create lasting competitive advantage.

Because AI alone creates potential. Engineering turns it into impact.

AI is easy1

AI/GenAI Key Highlights

*as of March 31, 2026

AI Force 2.0 to deliver enterprise-grade Agentic AI

Our Industry-specific AI solutions

Horizontal Solutions

  • Autonomous Account Payables
  • VisionX
  • SmartTwin
  • TalentNavigator
Lifesciences and Healthcare

Lifesciences and Healthcare

  • Intelligent Safety Platform
  • Intelligent Regulatory Platform
  • Intelligent Validation & Quality Platform
  • iOnboardAI
  • Payor Ops
Financial Services

Financial Services

  • InsightGen
  • Autonomous Wealth
  • Autonomous Mortgage
  • Autonomous Biz Banking
Telecom

Telecom

  • NextGen CCaaS
  • NetSight
Aerospace and Defense

Aerospace and Defense

  • Aerospace Quality Management Platform
Energy and Manufacturing

Energy and Manufacturing

  • Source to Contract
Retail and Consumer Packaged Goods

Retail and Consumer Packaged Goods

  • Autonomous AR (Order 2 Cash)
  • AI for Store Ops
Mobility & Travel, Transportation, Logistics and Hospitality

Mobility & Travel, Transportation, Logistics and Hospitality

  • Auto V&V Platform

Another Year of Steady Growth and Value Creation

Revenue

$0B

0%YoY

0Cr

0%YoY

Earnings before other income, tax and finance cost**

0Cr

4.6%YoY

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

0Cr

0%YoY

Free cash flow

0Cr

New deal total 
contract value (TCV)

$0B

Total increase in $0M+ clients over five FYs

0x
Segment revenue*(₹ Cr)
0

IT and Business Services

0

Engineering and R&D Services

0

HCLSoftware

Segment revenue percentages: IT and Business Services (0%), Engineering and R&D Services (0%), HCLSoftware (0%).

*Includes inter-segment revenue of ₹ 0 Crores.

**Excluding the one-time impact of New Labour Codes: Rs.0 Crores.

Free Cash Flow (FCF)/Net Income (NI) Ratio and Dividend Payout Ratio (DPR)
 
FCF/NI
DPR
Dividend (₹ Cr) Net income (₹ Cr) Free cash flow (₹ Cr)
FY26
0%
0%
0
0
0
FY25
0%
0%
0
0
0
FY24
0%
0%
0
0
0
FY23
0%
0%
0
0
0
FY22
0%
0%
0
0
0

Revenue from Operations

(₹ Cr)

CAGR 0%
FY26
0
FY25
0
FY24
0
FY23
0
FY22
0

Profit after Tax (attributable to owners of the company)

(₹ Cr)

CAGR 0%
FY26
0
FY25
0
FY24
0
FY23
0
FY22
0

Earnings
before other
income, tax and
finance cost

(₹ Cr)

CAGR 0%
FY26**
0
FY25
0
FY24
0
FY23
0
FY22
0

Diluted
earnings
per share

(₹)

CAGR 0%
FY26
0
FY25
0
FY24
0
FY23
0
FY22
0
Client Category (Number of clients)
$100M+
16
19
22
22
23
$50M+
43
46
46
52
60
$20M+
118
131
137
138
149
$10M+
208
229
254
251
277
$5M+
349
375
395
399
429
$1M+
882
939
951
948
976
 
FY22
FY23
FY24
FY25
FY26
Total People Count
 
Welcome Screen

Lifetime Achievement Award to Shiv Nadar, Chairman Emeritus and Strategic Advisor to the Board of HCLTech, at the 11th FICCI Higher Education Excellence Awards 2025. Roshni Nadar Malhotra received the award on his behalf Learn more

Brand Zone

Roshni Nadar Malhotra, Chairperson, HCLTech recognized as the Business Leader of the Year by the Indo–American Chamber of Commerce (IACC) Learn more

People and culture

C Vijayakumar, CEO & Managing Director, HCLTech recognized among one of India's Best CEOs (IT Services — Large Cap) by Fortune India Learn more

Global Delivery Network

2025 ISG Paragon Award for North America in recognition of HCLTech and PepsiCo’s decade-long partnership Learn more

Ecosystem

HCLTech launched a Physical AI Innovation Lab in collaboration with NVIDIA in Santa Clara Learn more

CSR and Sustainability

HCLTech at India AI Impact Summit Learn more

Welcome Screen

HCLTech’s AI Lounge at the World Economic Forum’s Annual Meeting in Davos, 2026 Learn more

People and culture

HCLTech’s Advanced Automotive Engineering Lab in Ingolstadt, Germany Learn more

AI

Leaders from from HCLTech and Western Union at the GCC launch in Hyderabad Learn more

CSR and Sustainability

Offering our people an inclusive culture that promotes innovation and growth Learn more

Demos

Catering to the emerging needs of Gen Z employees Learn more

Dot
Dot
Dot
Dot
Dot
Dot
Sports Brands

Engaging global CXO leaders through CAB to shape strategy and drive client-centric innovation Learn more

Welcome Screen

Enabling women artisans from rural India to become entrepreneurs with the launch of “Shwet” brand Learn more

People and culture

Empowering girls with hands-on robotics education through HCLFoundation’s Future Tech Lab in Sandila Learn more

Discovery Hub

Raising awareness among parents in Mysore to increase Anganwadi attendance Learn more

Ecosystem

Enabling contactless sewage drains cleaning through HomoSEP robot Learn more

Sports Brands

Visually-impaired students exhibiting their computer proficiency skills in our Noida campus Learn more

Global Delivery Network

Caregiving for rescued dogs at an animal shelter in Bulgaria Learn more

AI

Refurbishing community rooms for the elderly and people with disabilities in Krakow, Poland Learn more

CSR and Sustainability

An HCLTech employee promoting blood donation in Canada Learn more

Dot
Dot
Dot
Dot
Dot

Awards and Recognitions

Recognized in TIME’s 2025 rankings of the World’s Best and Most Sustainable Companies, the highest-placed India-headquartered technology company for the second consecutive year

Recognized in TIME’s 2025 rankings of the World’s Best and Most Sustainable Companies, the highest-placed India-headquartered technology company for the second consecutive year

Named to Fortune's 2026 World's Most Admired Companies list

Named to Fortune's 2026 World's Most Admired Companies list

Lifetime Achievement Award to Shiv Nadar

Lifetime Achievement Award to Shiv Nadar, Chairman Emeritus and Strategic Advisor to the Board of HCLTech, at the 11th FICCI Higher Education Excellence Awards 2025. Roshni Nadar Malhotra received the award on his behalf

Roshni Nadar Malhotra recognized as the Business Leader of the Year by the Indo–American Chamber of Commerce (IACC)

Roshni Nadar Malhotra recognized as the Business Leader of the Year by the Indo–American Chamber of Commerce (IACC)

C Vijayakumar recognized among one of India's Best CEOs (IT Services — Large Cap) by Fortune India

C Vijayakumar recognized among one of India's Best CEOs (IT Services — Large Cap) by Fortune India

Executive
Recognitions

Corporate
Recognitions

Employer
Recognitions

Business
Recognitions

ESG Recognitions

Analyst Recognitions

Our Business

Our five-pronged AI strategy, focusing on proactive transformation of our services, building differentiated IP, expanding into new AI-led services, strengthening AI partnerships and upskilling our AI talent, is translating into deeper client engagement and market leadership.

Learn more

HCLTech’s Engineering and R&D Services (ERS) offerings span the full spectrum of engineering — from chip to cloud to edge to experience — designing next-generation products, modernizing core platforms and building intelligent physical and digital systems that operate in the real world.

Learn more

ITBS brings together deep capabilities across applications, AI, infrastructure, cloud and business process operations. It is organized across distinct service lines, each encompassing a breadth of offerings: Digital Business Services (DBS), Digital Foundation Services (DFS), Business Process Operations (BPO) and HCLTech Career Shaper™ (the EdTech business).

Learn more

Having firmly established itself as one of the largest enterprise software providers, HCLSoftware is embedding AI across its portfolio to drive measurable business outcomes, including higher productivity, improved reliability and faster decision making.

Learn more

Approach to Value Creation

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

Learn more

Financial Capital

Learn more

Financial Capital

Human Capital

Learn more

Human Capital

Intellectual Capital

Learn more

Intellectual Capital

Social and 
Relationship 
Capital

Learn more

Social and Relationship Capital

Natural Capital

Learn more

Natural Capital

Sustainability Report 2026

Global Corporate Investors Annual Report 2025-26