My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking

HCL Technologies Ltd Research Report - 25th Oct 2016

IT | Published on Oct 25th 2016


HCL Technologies (HCL Tech) announced its results and they are more or less in line with expectations. The company posted a 1.9% sequential growth in USD revenues to US$1,722mn (V/s US$1,726mn expected and V/s US$1,691mn in 1QFY2017). On Constant Currency (CC) basis, the company posted a revenue growth of 2.8% qoq. The EBIT margins came in at 20.1% (V/s 20.0% expected), a dip of ~46bp qoq. Consequently, the PAT came in at Rs2,014cr (V/s Rs1,979cr), a dip of 1.6% qoq. For FY2017, the company gave a revenue growth guidance of 12.0-14.0% in CC terms, which translates into an 11.2% to 13.2% growth in US$ terms. The operating margin (EBIT) for FY’2017 is expected to be in the range of 19.5% to 20.5%. We maintain our Buy rating on the stock.

Download Full Report


CMP 811
Target Price 1,000
Investment Period12 Months

Stock Info

MCAP BSE (Rs in Cr)118,343.06
MCAP NSE (Rs in Cr)118,434.79
P/E (x)14.66
EPS (Rs.)57.20
BV (Rs.)163.59
Div Yield (%)1.90
FV (Rs.)2.00
P/BV (x)4.04
EV/Sales (x)3.61
EV/EBITDA (x)17.27

Shareholding Pattern (%)

Public & Others3.0
Grand Total100.0

Trade Securely


Portfolio Tracking & Trading Application View Demo