HCL Tech
HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Technology products and services are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. HCL also takes pride in its many diversity, social responsibility, sustainability, and education initiatives.
The shareholding pattern of HCL Tech is as follows: Promoter holding with 60.33%, foreign institutional investors with 24.14%, domestic institutional investors at 10.54% , Public with 4.97% and Government Holdings of 0.02%.
The consolidated Total Income of HCL Tech for the year ending 31st March 2021 was Rs. 76,306 Cr. with a growth of 7.07% Y-o-Y and consolidated quarterly revenue was Rs.19,641 Cr. with a growth of 5.6% Y-o-Y. Similarly, Earnings before interest, tax (EBIT) annually stood at Rs. 16364 Cr. (growth of 12.9% Y-o-Y) and quarterly stood at Rs. 3526 Cr. (Negative growth of 12.04% Y-o-Y). Profit after tax (PAT) stood at 1,111 Cr, fell by 64% when compared to Q4 of 2020 with Rs.3172 Cr. Operating Profit margin for Q4 of 2020-21 stands at 17.73% which is lower than year ago quarter which was 21.04%.
Despite negative growth in PAT, the value of assets increased to Rs. 87,702 Cr. showing a growth of 5.3%. The debt to equity ratio stands at 0.06 for Q4 2020-21, which is relatively less than the year-ago quarter for which the ratio was 0.09.
