HCLTech Reports FY26 Results: Revenue Reaches ₹130,144 Crores, Driven by AI Focus

HCLTech Reports FY26 Results: Revenue Reaches ₹130,144 Crores, Driven by AI Focus​

HCL Technologies Limited announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY) 2026. The company reported strong revenue growth and performance highlights across its key business segments, emphasizing its strategic focus on Artificial Intelligence (AI) solutions.

Financial Performance Summary​

For the full fiscal year ending March 31, 2026, HCLTech recorded significant annual performance metrics. The company achieved an INR Revenue of ₹130,144 Crores, marking an 11.2% increase year over year. The revenue growth was further supported by Constant Currency (CC) Revenue up 3.9%, and USD Revenue climbing 6.0% to $14,664M.

Profitability metrics showed that the company’s INR EBIT was ₹22,397 Crores, which represents 17.2% of revenue and an increase of 4.6%. Net Income (NI) for the year stood at ₹17,361 Crores (13.3% of revenue). The Earnings Per Share (EPS) (Diluted) was ₹64.01. Furthermore, the Return on Invested Capital (ROIC) remained strong, with the Company's ROIC at 40.3%, showing an increase of 235 basis points (bps).

Q4 FY2026 Highlights​

The fourth quarter of FY2026 saw the company report an INR Revenue of ₹33,981 Crores, up 12.3% year over year. The quarterly Constant Currency (CC) Revenue was up 2.4% year over year.

In terms of profitability, the INR EBIT for the quarter was ₹5,620 Crores, representing 16.5% of revenue. Net Income (NI) for the quarter was ₹4,488 Crores, translating to a dividend payout of ₹24 per share, marking the 93rd consecutive quarter of dividend payout.

Operational and Growth Metrics​

Bookings and Client Base
The company secured Total Contract Value (TCV) (New Deal wins) at $9,323M for the full year, and $1,936M for Q4 FY2026.

The client base saw steady growth, with the number of $10M+ clients reaching 277 by March 31, 2026, an increase of 26 clients year-over-year.

Revenue Mix and AI Focus
Analysis of the Services segment shows that the overall mix of revenue remained stable, with the Services (A + B) component contributing 92.0% of revenue in the quarter ended March 31, 2026.

The growth of AI capabilities was a key highlight, with Annualized Advanced AI Revenue crossing $620 million in Q4.


People Metrics
The total people count stood at 227,181 employees, reflecting a net addition of 3,761 employees for the full year. The lowest year-to-date attrition (LTM Attrition) was recorded at 12.5%.

Guidance and Recognition​

For the fiscal year 2027, the company provided growth guidance:

• Company Revenue growth is expected to be between 1.0% - 4.0% year-over-year in CC.
• Services Revenue growth is expected to be between 1.5% - 4.5% year-over-year in CC.
• EBIT margin is expected to be between 17.5% - 18.5%.

HCLTech also announced its inclusion in Fortune's World's Most Admired Companies 2026 list. Furthermore, the company was recognized by the World Economic Forum's Annual Meeting at Davos, and HCLTech was included in the S&P Global Sustainability Yearbook for the fourth year in a row.

Key Areas of Engagement​

The firm showcased its leadership in key advanced technology sectors through various engagements:

• AI Factory: A global technology major selected HCLTech for an AI Factory program valued at over $100 million, focusing on next-generation AI data centers.
• Biopharma and Aerospace: Services were provided to a U.S.-based biopharmaceutical major using Physical AI, and a global aerospace major to build an AI-enabled digital simulation environment for aircraft cargo operations.
• Semiconductors: HCLTech supported global semiconductor companies with AI Engineering services for physical design and application-specific integrated circuit development across advanced-node chips.

HCLTECH Stock Price Movement​

Today, HCL Technologies Limited shares edged higher to close at ₹1441.2, marking a positive gain of 0.75% for the session. The stock found strong support in the market, processing a total volume of 3.09 million shares during the trading day.