HCL Technologies (HCL Tech) is one of India’s leading IT service providers, operating in digital, cloud, engineering, and infrastructure segments. The company serves global clients across multiple industries and is recognized for its consistent earnings, strong deal wins, and shareholder-friendly dividend policy.
Stock Price Overview
Following the release of the Q2 FY26 results, HCL Tech’s share price traded in a narrow range. The stock showed stability as investors weighed the mixed quarterly performance and the attractive interim dividend. As of recent trading sessions, HCL Tech shares were seen hovering around ₹1,560–₹1,580 on the NSE, indicating steady investor confidence.
HCL Tech Q2 Results — Key Highlights
For the quarter ending September 2025, HCL Tech reported a consolidated net profit of approximately ₹4,235 crore, nearly flat year-on-year. Revenue grew around 11% year-on-year to about ₹29,500 crore. Margins were largely stable at just below 20%, reflecting resilience in a challenging global IT demand environment.
- Net Profit: ₹4,235 crore (Flat YoY)
- Revenue: ₹29,500 crore (Up 11% YoY)
- EBIT Margin: Around 19.9%
- Attrition Rate: Down to 12.6%
- Total Headcount: Over 2.26 lakh employees
The management maintained its FY26 revenue and margin guidance, citing strong order inflow and a healthy deal pipeline. Growth was led by digital transformation, engineering, and cloud services, while Europe and the U.S. remained key markets.
Dividend & Record Date
HCL Tech’s board announced an interim dividend of ₹12 per share for FY26. The record date to determine eligible shareholders is October 21, 2025. This marks the company’s 84th consecutive quarterly dividend — continuing its tradition of rewarding shareholders regularly. The payout date will follow shortly after the record date as per SEBI regulations.
Bonus, Buyback and Corporate Events
No bonus issue or buyback was declared in this quarter. However, the company announced key corporate updates including plans for employee upskilling, AI-based service expansion, and improved utilization rates. HCL Tech also reaffirmed its focus on organic growth and operational efficiency as part of its long-term business roadmap.
Corporate Events and Business Updates
During Q2, HCL Tech signed multiple large transformation deals, including long-term partnerships in cloud modernization, infrastructure, and digital engineering. The company emphasized continued investment in artificial intelligence and automation platforms. Additionally, the attrition rate improved significantly, showing workforce stability and efficient resource management.
Stock Price Performance
On the day following results, HCL Tech’s stock opened flat but later recovered as investors welcomed the steady dividend and optimistic business commentary. Over the past year, the stock has gained around 18–20%, outperforming some peers in the IT sector. Analysts believe that while near-term growth may be moderate, the long-term outlook remains strong, supported by robust fundamentals and client diversification.
Is HCL Tech a Multibagger?
HCL Tech may not exhibit rapid short-term growth like midcaps, but it has delivered consistent compounding returns over the years. Its dividend yield, strong balance sheet, and reliable earnings make it a solid long-term large-cap investment. For investors looking for stable growth rather than speculative upside, HCL Tech remains a dependable performer in the IT space.
Disclaimer
This article is for informational and educational purposes only. It should not be taken as investment advice. All stock market investments carry risks. Please consult a certified financial advisor before making investment decisions related to HCL Tech or any other listed company.
FAQs
Q: What was HCL Tech’s Q2 FY26 net profit and revenue?
A: HCL Tech reported a consolidated net profit of ₹4,235 crore and revenue of ₹29,500 crore, reflecting 11% growth year-on-year.
Q: What dividend did HCL Tech declare for Q2 FY26?
A: The company declared an interim dividend of ₹12 per equity share, with the record date set for October 21, 2025.
Q: Did HCL Tech announce any bonus or buyback?
A: No bonus issue or buyback was announced this quarter. The company continues to prioritize dividends and operational expansion.
Q: How did the share price react to the results?
A: HCL Tech’s stock traded steady between ₹1,560–₹1,580 post results, showing stable investor sentiment and long-term confidence.
