HCLTech has announced its financial performance for FY 2026, delivering ₹130,144 Crores in annual revenue, representing an 11.2% year-on-year growth. Despite a challenging global environment, the company maintained an EBIT margin of 17.2% and reported a total net income of ₹17,361 Crores. HCLTech also declared a full-year dividend of ₹60/- per share, reflecting strong cash generation and continued value creation for its shareholders as it pivots toward an AI-led future.
Annual Financial Highlights
For the fiscal year ended March 31, 2026, HCLTech achieved significant milestones in a year marked by uncertain demand. The company reported revenue of ₹130,144 Crores, up 11.2% year-on-year. Profitability remained robust with an EBIT of ₹22,397 Crores. Shareholders will benefit from a full-year dividend payout of ₹60 per share, maintaining a payout ratio of 97.6% of the annual earnings per share.
Strategic Growth in AI
A central theme of HCLTech’s FY26 performance is the rapid adoption of its AI-led service offerings. The company reported that annualized Advanced AI revenue reached $620 million by the end of Q4. Leadership has emphasized that their primary priority for FY27 is to ensure the company remains positioned at the forefront of AI-driven value creation for global clients.
Operational Performance and Guidance
HCLTech reported a total headcount of 227,181 employees, with a net addition of 3,761 staff throughout the year. The company successfully reduced its LTM attrition rate to 12.5%. Looking ahead, the company has provided FY27 guidance, projecting revenue growth between 1.0% and 4.0% in constant currency and targeting an EBIT margin range of 17.5% – 18.5%.
Segment Performance
The Services segment (IT and Business Services combined with Engineering and R&D Services) continues to be the primary engine of growth, accounting for 90.8% of total revenue with a 4.8% year-on-year constant currency growth. Meanwhile, HCLSoftware remains a critical component of the portfolio, with an Annual Recurring Revenue (ARR) of $1.05 billion, highlighting the steady subscription-based nature of the software business.
Source: BSE
