Investors | HCLTech


Dec. 8 is Investor Day in New York City! We’re excited to bring our global leadership together for this important event and we invite you to follow along on our social media handles and attend virtually.

Date: Thursday, Dec. 8, 2022

Time: Networking Lunch: Noon to 1 p.m. ET | Sessions and Q&A: 1 – 4:30 p.m. ET

Zoom Link: HCLTech Investor Day


Topic Speaker Time
Networking & Lunch All 12:00 - 1:00p.m.
Welcome & Chairperson Address Roshni Nadar Malhotra,
Chairperson, HCLTech
1:00 - 1:10p.m.
Business Strategy & Roadmap C Vijayakumar,
Chief Executive Officer & Managing Director, HCLTech
1:10 - 1:40p.m.
Creating Value Prateek Aggarwal,
Chief Financial Officer, HCLTech
1:40 - 2:00 p.m.
Digital Business Anand Birje, President, Digital Business Services, HCLTech 2:00 - 2:20 p.m.
Digital Engineering Vijay Guntur, President, Engineering and R&D Services, HCLTech 2:20 - 2:40 p.m.
Digital Foundation Jagadeshwar Gattu, President, Digital Foundation Services, HCLTech 2:40 - 3:00 p.m.
Tea Break 3:00 - 3:10 p.m.
CloudSmart Siki Giunta,
Executive Vice President and Head - CloudSmart
3:10 - 3:30 p.m.
HCL Software Rajiv Shesh, Chief Revenue Officer, HCL Software
Kalyan Kumar, Chief Product Officer, HCL Software
3:30 - 3:50 p.m.
Summary Prateek Aggarwal, Chief Financial Officer, HCLTech 3:50 – 4:00 p.m.
Q&A 4:00 - 4:25 p.m.
Closing Remarks 4:25 – 4:30p.m.

Q4 FY 2023 Highlights


  • INR Revenue of ₹ 26,606 Crore, down 0.4% QoQ & up 17.7% YoY
  • Constant Currency (CC) Revenue down 1.2% QoQ & up 10.5% YoY
  • USD Revenue of US$ 3,235 Mn, down 0.3% QoQ & up 8.1% YoY
  • HCLTech Services Revenue up 0.6% QoQ & up 10.6% YoY CC
  • HCLSoftware Revenue up 8.2% YoY CC (ex.divested business)
  • Digital Revenue up 16.9% YoY CC; contributes 37.5% of HCLTech Services Revenue

Profitability & Return Metrics

  • EBIT at ₹ 4,836 Crore (18.1% of revenue), down 7.5% QoQ & up 18.8% YoY
  • Net Income at ₹ 3,983 Crore(14.9% of revenue), down 2.8% QoQ & up 10.8% YoY
  • LTM ROIC at 30.4%,up 60 bps QoQ
  • OCF at US$ 924 Mn & FCF at US$ 886 Mn
  • LTM OCF at 121% & FCF at 110% of Net Income
  • Dividend of ₹ 18/- per share for the Quarter, 81st consecutive quarter of dividend pay-out


  • Won 13 Large deals - 10 in Services & 3 in Software
  • TCV (New Deal wins) at US$ 2,074 Mn, down 8.0% YoY


  • Total People Count at 225,944; Net addition of 3,674
  • Added 4,480 freshers
  • LTM Attrition at 19.5%*

ESG - Awards and Recognitions

  • MSCI ESG Ratings upgraded HCLTech's rating to AA from A
  • S&P Global Sustainability Yearbook 2023 has recognized HCLTech as an 'Industry Mover'
  • Included in Sustainalytics' 2023 Top-Rated ESG Companies list in the Software & Services Industry segment & in the Asia Pacific Region

FY 2023 Highlights

Note: All Financial Growth Metrics are YoY except if stated otherwise


  • INR Revenue crosses milestone of ₹ 100,000 Crore
    • INR Revenue of ₹ 101,456 Crore, up 18.5%
  • Constant Currency (CC) Revenue up 13.7%
  • US$ Revenue of US$ 12,586 Mn, up 9.6%
  • HCLTech Services Revenue up 15.8% CC
  • HCLSoftware Revenue up 1.8% CC (ex.divested business)
  • HCLSoftware ARR at US$ 1 Bn+, up 5.2% CC
  • Digital Revenue up 26.5% in CC; contributes 37.4% of HCLTech Services Revenue

Profitability & Return Metrics

  • EBIT at ₹ 18,483 Crore (18.2% of revenue), up 14.1%
  • Net Income at ₹ 14,851 Crore (14.6% of revenue), up 10.0%
  • EPS (Diluted) at ₹ 54.79, up 10.1%
  • ROIC at 30.4%, up 150 bps
  • OCF at 121% & FCF at 110% of Net Income
  • Full Year Dividend at ₹ 48/ - per share. Payout ratio of 87.5% for FY'23


  • Won 57 Large deals during the year - 32 in Services & 25 in Software
  • TCV (New Deal wins) at US$ 8,853 Mn, up 6.6%
  • ACV up 4.3%


  • Total People Count at 225,944, up 8.2%; Net addition of 17,067
  • Added 26,734 freshers
  • LTM Attrition at 19.5%*

FY'24 Guidance

  • Company Revenue growth expected to be between 6.0% - 8.0% YoY in CC
  • Services Revenue growth expected to be between 6.5% - 8.5% YoY in CC
  • EBIT margin to be between 18.0% - 19.0%
The EBIT Margin guidance assumes USD-INR currency rate of US$1 = ₹ 82/- and other currencies at FY'23 average exchange rates

Latest performance

HCLTech announced its Q4 FY’23 results on April 20, 2023
HCLTech Q4 FY’23 Earnings Call audio recording

HCLTech Q4 FY’23 press conference video recording


Session with Motilal Oswal

C Vijayakumar, CEO & Managing Director, HCLTech in an interaction with investors at a session organized by Motilal Oswal – Feb. 13, 2023

HCLTech U.S. Investor Day
Dec. 8, 2022 – New York

Click here to access the presentations

Details of Reclassified P&L Data – Quarter-wise FY’22

Latest announcements

New Q4 and Annual FY 2023 Earnings Call Details – 7:00pm (IST), on April 20, 2023

New Q4 and Annual FY 2023 Earnings Conference Call - Live Audio Webcast – 7:00pm (IST), on April 20, 2023. Click here to access the live Audio webcast


Why HCLTech?

Businesses across industries stand at an inflection point today. Far-reaching disruption fuelled by technologies like Digitalization, Analytics, Cloud, IoT and Automation mean these technologies lie at the core of any enterprise that is trying to reinvent itself. As the demand for these services increase, HCLTech Technologies is accelerating its evolution into a next-generation technology services firm.

HCLTech’s helps future proof our customers’ business, by deploying a concurrent, three-point spotlight on the existing core of their business, new growth areas as well as the ecosystems of the future.

Core services

HCLTech delivers core services in the areas of applications, infrastructure, DPO and Engineering & R & D, leveraging DRYiCE autonomics to transform clients’ business and IT landscape making them “lean” and “agile”.

Next generation services

HCLTech delivers experience-centric and outcome-oriented integrated offerings of Digital & Analytics, IoT WoRKS™, Cloud Native Services and Cyber-security & GRC services.

Products & platforms

HCLTech Continues to explore and enter into innovative IP-based partnerships, targeting specific next-generation opportunities. This includes the external IP partnership with IBM extending now to half a dozen products; HCLTech also continues to invest in our internal IP creation strategy and expansion of capabilities and markets for DRYiCE, the next-generation Autonomics and Orchestration platform.

HCLTech’s strategy is truly differentiating in the market place today and our clients are increasingly demonstrating their confidence in this strategy and our ability to deliver. We will continue to build and invest in our capabilities with the primary goal to be the partner of choice for our clients, globally. Lastly, we will continue to re-skill, train and build the capabilities of our employees to be future-ready.

Our corporate strategy

See our corporate governance and corporate sustainability initiatives

Corporate governance Corporate sustainability

Shareholder services central

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Latest news

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Contact us

Contact us

Manish Anand

Senior Vice President & Company Secretary

HCL Technologies Limited

HCL Towers 6, Sector 126, Noida, UP, India
Contact No. 0120-6125000

Sanjay Mendiratta

Senior Vice President and Head - Investor Relations

HCL Technologies Limited

14th Floor, HCL Towers 6, Sector 126, Noida, UP, India
Contact No. +91-120 6125000

Registrar & Share Transfer Agent

Link Intime India Pvt. Ltd,

Unit: HCL Technologies Limited

C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083.
Fax : 022 - 4918 6060 Tel.: 022 - 4918 6270