Will Shiv Nadar’s HCL Tech go ahead of Ratan Tata’s TCS, Narayana Murthy’s Infosys or Azim Premji’s Wipro in…

Shiv Nadar-backed HCL Technologies will announce its Q4FY25 results on April 22. The company’s shares price closed 2.92% higher on April 21 on the BSE, at Rs 1,480.10 apiece, with a market capitalization of Rs 401,649.57 crore. While EBIT margins are expected to show year-on-year expansion, analysts anticipate a sequential decline in margins and revenue due to seasonal weakness. 

HCL Tech’s share price has traded within a 52-week range of Rs 2,011 (high) and Rs 1,235 (low). It has given a return on equity of 32.91% and a price-to-equity ratio of 33.52%.

HCL Tech Q4 Results Preview

The board of HCL Technologies will meet on April 22 to approve and release its quarterly and annual financial results for FY25. The announcement will be done after market hours and a senior management will have a conference call at 7:30 p.m. IST to discuss the outcomes and take questions from stakeholders.

HCL Tech Q4 Results: Brokerages Expectations

Kotak Institutional Equities predicted a marginal 0.9% growth in the services segment and expects a revenue contribution of 90 basis points (bps) from the CTG acquisition. EBIT margins are projected at 18.2%, with a year-on-year increase of 60 bps but declining 140 bps quarter-on-quarter.

Sharekhan and Nuvama also forecast similar trends. Sharekhan expects a 110 bps quarter-on-quarter decline in EBIT margins due to residual wage hikes and product business seasonality. Nuvama predicts a revenue decline of 1.3% QoQ in USD terms, due to 0.5% QoQ increase in services and a 15% QoQ decline in the products and platforms (P&P) segment.

Nuvama added, expect HCLT to guide to FY26 revenue growth (3-5% CC YoY growth in Services) and margin (18-19%).

If Brokerages predictions are considered, HCL Tech’s Q4 performance can be better if compared with competitors like Infosys and TCS who underperformed in Q4FY25. However Wipro delivered better earnings which can add pressure on HCL Tech.

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)

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