Top industry revenues:

• IT and business services: approx. 60%
• Engineering and R&D services: approx. 20%
• Products and platforms: approx. 20%

Top 3 markets:

• USA: approx. 60%
• Europe: approx. 25%
• India: approx. 10%

HCL Technologies Limited generates the majority of its revenues from IT and business services, accounting for about 60% of total revenue. Engineering and R&D services as well as products and platforms each contribute around 20%.

Geographically, the U.S. market is the largest revenue contributor, accounting for about 60% of total revenue. Europe follows with a share of about 25%, while the Indian market contributes approximately 10%. This distribution underscores HCL Technologies' strong presence in developed markets, especially in the USA and Europe.

Production Sites: India, USA, Europe, Asia-Pacific

HCL Technologies Limited is a globally operating IT service company headquartered in India. The company operates a variety of development and production centers worldwide. The main production sites are located in India, where the company provides a large part of its software development and IT services.

In addition, HCL Technologies has a significant presence in the USA and Europe, where it maintains both development centers and customer service facilities. In the Asia-Pacific region, the company is also expanding to bring its services closer to customers in these markets.

This global presence enables HCL Technologies to respond flexibly to the needs of its international customers and to benefit from the advantages of various geographical locations.

Revenue Growth: 10.5% (2024)
Profit Growth: 8.9% (2024)

HCL Technologies Limited pursues a multi-pronged growth strategy focusing on innovation, geographical expansion, and strategic partnerships. The company heavily invests in research and development to expand its technology and service offerings and to stay at the forefront of digital transformation.

Another key focus is on expanding into new markets, particularly in Europe and North America, to grow its customer base and unlock new business opportunities. HCL Technologies has also formed strategic alliances and partnerships with leading technology companies to enhance its capabilities and offer integrated solutions.

Additionally, the company is emphasizing the development of skills in areas such as cloud, artificial intelligence, and cybersecurity to meet the increasing demands of its customers and establish itself as a leading provider in these promising fields.

Main raw materials/materials: IT hardware, software licenses, electronic components

Main importing countries: USA, China, Taiwan, South Korea

HCL Technologies Limited is a leading IT services company that primarily offers software solutions and IT services. Therefore, the company mainly imports IT hardware, software licenses, and electronic components. These materials are essential for the development and provision of their services.

The USA is a significant supplier of software licenses and IT hardware, while China, Taiwan, and South Korea are important sources for electronic components. These countries are known for their strong electronics and technology production, making them preferred partners for HCL Technologies.

Market share in the IT services sector: Approximately 5% (2024, estimate based on industry reports)
R&D investments: 3.5% of revenue (2024)
Customer retention rate: Over 90% (2024, company report)

HCL Technologies Limited has a significant competitive advantage due to its strong presence in the IT services sector, where it holds an estimated market share of about 5%. This allows the company to benefit from economies of scale and offer its services cost-effectively.

Another advantage is the continuous investment in research and development, which accounts for approximately 3.5% of revenue. These investments foster innovations and help HCL stand out from competitors, especially in areas such as cloud computing and artificial intelligence.

Additionally, HCL has a high customer retention rate of over 90%, indicating strong customer relationships and reliable services. Together, these factors strengthen HCL Technologies' market position and provide a sustainable competitive advantage.

Institutional investor share: approx. 30-35% (estimated for 2025 based on historical data)

Insider purchases/sales: No specific data available for 2025

The institutional investor share in HCL Technologies Limited traditionally ranges between 30% and 35%. These investors include large funds and asset managers seeking long-term investments.

Insider purchases and sales are regularly reported, but specific data for the year 2025 is currently not available. Historically, insider transactions at HCL Technologies have been rather moderate, indicating a stable trust in the company's strategy by the management.

Market share of HCL Technologies: 7% (estimated, 2025)

Main competitors and their market shares:

1. Tata Consultancy Services (TCS): 15%
2. Infosys: 12%
3. Wipro: 8%
4. HCL Technologies: 7%
5. Tech Mahindra: 5%
6. Cognizant: 5%
7. Accenture: 4% (in the Indian market)

HCL Technologies is one of the leading IT service companies in India, but lags behind TCS and Infosys in terms of market share. The market share of HCL Technologies is approximately 7%, making it a significant but not dominant player.

The moat of HCL Technologies lies in its strong presence in infrastructure management and engineering services. The company has made a name for itself through strategic partnerships and a wide range of services. However, TCS and Infosys have a stronger moat due to their larger market shares and broader service offerings.

TCS has the advantage of an extensive global network and a strong brand presence, while Infosys is known for its innovation and strong customer loyalty. These factors give them a stronger moat compared to HCL Technologies.

Overall, HCL Technologies has a significant advantage in certain niches, but the moats of the leading competitors in terms of market share and global presence are more pronounced.

Revenue growth: 10.5% (2024) Profit growth: 9.8% (2024) Free Cash Flow: 1.8 billion USD (2024)

HCL Technologies Limited recorded solid revenue growth of 10.5% in 2024, driven by strong demand for its IT services and digital solutions. The company has strengthened its market presence through strategic partnerships and expansion into new markets.

The company's profit increased by 9.8%, indicating efficient cost control and improved operational efficiency. The Free Cash Flow of 1.8 billion USD demonstrates HCL Technologies' ability to generate liquid funds that can be used for investments in future growth and shareholder returns.

Given this solid financial performance and strategic focus on high-growth areas such as cloud computing and artificial intelligence, HCL Technologies stock could represent an attractive investment opportunity. However, potential investors should also consider general market conditions and specific risks in the IT sector.

Dividend Yield: 3.5% (estimated for 2025)
Dividend History: Regular payouts in the last 5 years

HCL Technologies Limited is known for its reliable dividend payments. The company has consistently distributed dividends in recent years, indicating stable financial performance and a solid cash position.

The estimated dividend yield for 2025 is around 3.5%, which is considered attractive in comparison to the industry. This reliability in distribution is supported by the strong operational performance and strategic direction of the company. Analysts expect HCL Technologies to maintain a stable dividend policy in the coming years as well.