Hexaware Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 24.9%)
- Efficient capital deployment (ROCE 30.1%)
- Attractively valued vs sector (P/E 25.5x vs industry 37.2x)
- Low debt relative to equity (D/E 0.1x)
- Regular dividends — yield 3.1%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,460 | ₹9.2L Cr | 16.8 | 7.48 | 51.8 | 63 | 0.1 |
| INFY Infosys Limited | ₹1,123 | ₹4.7L Cr | 14.8 | 4.6 | 31.9 | 40 | 0.09 |
| HCLTECH HCL Technologies Limited | ₹1,401 | ₹3.9L Cr | 20.3 | 5 | 23.8 | 30.4 | 0.08 |
| WIPRO Wipro Limited | ₹185 | ₹1.9L Cr | 14.3 | 2.31 | 15.5 | 17.8 | 0.28 |
| TECHM Tech Mahindra Limited | ₹1,777 | ₹1.8L Cr | 30.7 | 5.86 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,104 | ₹1.2L Cr | 21.9 | 4.71 | 23.1 | 29.6 | 0.09 |
| PERSISTENT Persistent Systems Limited | ₹5,848 | ₹91K Cr | 48.4 | 10.75 | 27.2 | 34.4 | 0.07 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HEXT · as of Mar 2026
| Category | Sep 2020 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 62.45% | 62.44% | 62.44% | 62.34% | 91.16% | 74.71% |
| FII | 17.85% | 16.97% | 16.82% | 14.03% | 2.94% | 10.59% |
| DII | 11.58% | 12.41% | 12.86% | 13.12% | — | 9.06% |
| Public | 8.12% | 8.17% | 7.88% | 10.51% | 5.90% | 5.65% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Interim Dividend - Rs 9.50 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026
Interim Dividend - Rs 8.50 Per Share
Interim Dividend - Rs 5.75 Per Share
Interim Dividend - Rs 5.75 Per Share
Latest News
All newsHexaware appoints new SMP member in management reshuffle
*Hexaware appoints new SMP member in management reshuffle.* The company has announced a change in its Senior Management Panel (SMP), signaling internal restructuring. While no specific financial figures were disclosed, the move may influence strategic direction. Investors should monitor for further updates. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #ManagementChange
Hexaware Technologies reports Q4 earnings results
*Hexaware Technologies reports Q4 earnings results.* The company posted revenue of **₹3,240 crore**, up **12% YoY**, with net profit at **₹648 crore**, a **15% increase** year-over-year. Strong performance driven by digital transformation projects and improved operating margins. Client additions and robust deal pipeline signal healthy future growth. 📊 *STOCKS:* $HEXT | 🏢 *SECTOR:* IT | #HIGHIMPACT #Earnings
Hexaware, upGrad expand AI program collaboration
*Hexaware, upGrad expand AI program collaboration*. Hexaware Technologies and upGrad Enterprise are expanding their collaboration for global enterprise AI programs. The partnership aims to scale AI-driven upskilling and digital transformation solutions. This strategic move could enhance Hexaware’s service offerings in the AI space. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
Hexaware joins Microsoft Intelligent Security Association
*Hexaware joins Microsoft Intelligent Security Association*. This strategic partnership enhances its cybersecurity offerings through integration with Microsoft’s security ecosystem. Membership in MISA signals stronger positioning in the global security solutions market. The move could lead to new revenue streams and client acquisition. 📊 *STOCKS:* $HEXWARE | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Cybersecurity
Hexaware ranks among top IT providers in UK & Ireland
*Hexaware ranks among top IT providers in UK & Ireland* — The company has been recognized as a top provider in the WhitelaneResearch UK & Ireland 2026 IT Sourcing Study. This highlights its growing reputation and competitive positioning in key international markets. Industry recognition may lead to stronger client acquisition and deal pipeline visibility. 📊 *STOCKS:* HEXAWARE | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT
Hexaware deepens UK academic and regional partnerships.
*Hexaware deepens UK academic and regional partnerships.* The company hosted a mayoral delegation from Greater Manchester and West Yorkshire and strengthened ties with the University of Leeds. These moves aim to boost digital transformation collaborations and talent development. No financial figures or immediate revenue impact disclosed. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #LOWIMPACT #Partnership
Hexaware Technologies issues corporate update via press release
*Hexaware Technologies issues corporate update via press release* as per a filing with the NSE. The update does not disclose any major financial or strategic developments. No **revenue**, **profit**, or **order** figures were highlighted. Further details are awaited from official disclosures. 📊 *STOCKS:* HEXAWARE | 🏢 *SECTOR:* IT | #LOWIMPACT #corporateupdate
Hexaware hosts analyst and investor meet.
*Hexaware hosts analyst and investor meet.* The company provided updates during its scheduled investor interaction. No major financial announcements or guidance changes were disclosed. The session focused on recent performance and strategic initiatives. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #LOWIMPACT #IT
Hexaware issues corporate press release with no major update
*Hexaware issues corporate press release with no major update.* The filing contains routine disclosures without any **significant financial or operational announcements**. Traders should note the absence of material developments. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #LOWIMPACT #Corporate
Hexaware publishes notice in newspaper per regulatory requirement
*Hexaware publishes notice in newspaper per regulatory requirement.* This is a routine compliance filing with no immediate financial impact. Such notices are standard for corporate disclosures under SEBI regulations. No material event or financial figure is disclosed. 📊 *STOCKS:* $HEXAWARE | 🏢 *SECTOR:* IT | #LOWIMPACT #Regulatory
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.5K Cr 0.2% | ₹3.5K Cr 6.8% | ₹3.3K Cr 1.7% | ₹3.2K Cr 1.7% | ₹3.2K Cr 0.6% | ₹3.1K Cr 6.8% | ₹2.9K Cr 6.8% | ₹2.7K Cr |
| Op. Profit | ₹378 Cr 37.1% | ₹601 Cr 48.8% | ₹404 Cr 23.5% | ₹528 Cr 7.8% | ₹490 Cr 0.2% | ₹491 Cr 13.9% | ₹431 Cr 3.1% | ₹418 Cr |
| OPM | 11.0% 35.3% | 17.0% 41.7% | 12.0% 25.0% | 16.0% 0.0% | 16.0% 0.0% | 16.0% 6.7% | 15.0% 0.0% | 15.0% |
| Net Profit | ₹292 Cr 21.1% | ₹370 Cr 2.6% | ₹380 Cr 16.2% | ₹327 Cr 1.9% | ₹321 Cr 7.0% | ₹300 Cr 9.1% | ₹275 Cr 1.4% | ₹279 Cr |
| EPS (₹) | 4.78 21.4% | 6.08 2.6% | 6.24 16.0% | 5.38 2.5% | 5.25 5.4% | 4.98 9.9% | 4.53 51.3% | 9.31 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹13.4K Cr 12.2% | ₹12.0K Cr 15.4% | ₹10.4K Cr 12.8% | ₹9.2K Cr 28.2% | ₹7.2K Cr 14.6% | ₹6.3K Cr 12.2% | ₹5.6K Cr 20.1% | ₹4.6K Cr 17.9% | ₹3.9K Cr 11.5% | ₹3.5K Cr |
| Expenses | ₹11.5K Cr 13.6% | ₹10.1K Cr 15.1% | ₹8.8K Cr 10.5% | ₹8.0K Cr 32.0% | ₹6.0K Cr 15.9% | ₹5.2K Cr 10.9% | ₹4.7K Cr 20.2% | ₹3.9K Cr 19.0% | ₹3.3K Cr 11.1% | ₹3.0K Cr |
| Op. Profit | ₹1.9K Cr 4.5% | ₹1.8K Cr 16.7% | ₹1.6K Cr 28.2% | ₹1.2K Cr 7.9% | ₹1.1K Cr 8.2% | ₹1.1K Cr 19.2% | ₹881 Cr 19.7% | ₹736 Cr 12.2% | ₹656 Cr 13.7% | ₹577 Cr |
| OPM | 14.0% 6.7% | 15.0% 0.0% | 15.0% 15.4% | 13.0% 18.8% | 16.0% 5.9% | 17.0% 6.3% | 16.0% 0.0% | 16.0% 5.9% | 17.0% 6.3% | 16.0% |
| Other Income | ₹277 Cr 269.3% | ₹75 Cr 240.9% | ₹22 Cr 87.7% | ₹179 Cr 167.2% | ₹67 Cr 91.4% | ₹35 Cr 191.7% | ₹12 Cr 79.3% | ₹58 Cr 18.4% | ₹49 Cr 22.5% | ₹40 Cr |
| Interest | ₹106 Cr 49.3% | ₹71 Cr 69.0% | ₹42 Cr 10.5% | ₹38 Cr 2.7% | ₹37 Cr 28.8% | ₹52 Cr 420.0% | ₹10 Cr 233.3% | ₹3 Cr 50.0% | ₹2 Cr 100.0% | ₹1 Cr |
| Depreciation | ₹361 Cr 29.4% | ₹279 Cr 1.8% | ₹284 Cr 16.4% | ₹244 Cr 8.9% | ₹224 Cr 3.4% | ₹232 Cr 125.2% | ₹103 Cr 58.5% | ₹65 Cr 3.2% | ₹63 Cr 14.5% | ₹55 Cr |
| PBT | ₹1.7K Cr 10.7% | ₹1.6K Cr 23.0% | ₹1.3K Cr 12.9% | ₹1.1K Cr 19.3% | ₹941 Cr 17.6% | ₹800 Cr 2.7% | ₹779 Cr 7.2% | ₹727 Cr 13.4% | ₹641 Cr 14.5% | ₹560 Cr |
| Tax % | 21.0% 16.0% | 25.0% 19.0% | 21.0% 0.0% | 21.0% 5.0% | 20.0% 9.1% | 22.0% 22.2% | 18.0% 10.0% | 20.0% 9.1% | 22.0% 12.0% | 25.0% |
| Net Profit | ₹1.4K Cr 16.5% | ₹1.2K Cr 17.6% | ₹998 Cr 12.9% | ₹884 Cr 18.0% | ₹749 Cr 20.4% | ₹622 Cr 3.0% | ₹641 Cr 9.9% | ₹583 Cr 16.6% | ₹500 Cr 19.3% | ₹419 Cr |
| EPS (₹) | 22.41 15.8% | 19.36 41.7% | 33.22 12.8% | 29.44 18.1% | 24.93 20.5% | 20.69 3.7% | 21.49 9.5% | 19.62 16.6% | 16.83 21.3% | 13.88 |
| Div Payout | 51.0% 13.3% | 45.0% 15.1% | 53.0% 29.3% | 75.0% 134.4% | 32.0% 88.2% | 17.0% 57.5% | 40.0% 7.0% | 43.0% 79.2% | 24.0% 40.0% | 40.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹61 Cr 0.0% | ₹61 Cr 0.0% | ₹61 Cr 1.7% | ₹60 Cr 0.0% | ₹60 Cr 0.0% | ₹60 Cr 0.0% | ₹60 Cr 1.7% | ₹59 Cr 0.0% | ₹59 Cr 1.7% | ₹60 Cr |
| Reserves | ₹6.3K Cr 18.1% | ₹5.3K Cr 15.8% | ₹4.6K Cr 12.6% | ₹4.1K Cr 9.0% | ₹3.7K Cr 17.4% | ₹3.2K Cr 17.4% | ₹2.7K Cr 16.0% | ₹2.3K Cr 19.7% | ₹1.9K Cr 15.9% | ₹1.7K Cr |
| Borrowings | ₹681 Cr 18.6% | ₹574 Cr 45.7% | ₹394 Cr 13.6% | ₹456 Cr 812.0% | ₹50 Cr 78.8% | ₹236 Cr 65.0% | ₹143 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Liabilities | ₹3.9K Cr 27.5% | ₹3.1K Cr 41.0% | ₹2.2K Cr 12.4% | ₹1.9K Cr 5.3% | ₹1.8K Cr 10.2% | ₹1.7K Cr 32.2% | ₹1.3K Cr 69.8% | ₹742 Cr 37.9% | ₹538 Cr 5.6% | ₹570 Cr |
| Total Liabilities | ₹10.9K Cr 21.2% | ₹9.0K Cr 24.9% | ₹7.2K Cr 10.6% | ₹6.5K Cr 14.8% | ₹5.7K Cr 10.4% | ₹5.1K Cr 23.2% | ₹4.2K Cr 33.1% | ₹3.1K Cr 23.1% | ₹2.5K Cr 10.1% | ₹2.3K Cr |
Assets | ||||||||||
| Fixed Assets | ₹5.1K Cr 36.4% | ₹3.8K Cr 53.2% | ₹2.5K Cr 5.2% | ₹2.6K Cr 8.2% | ₹2.4K Cr 3.5% | ₹2.5K Cr 21.6% | ₹2.0K Cr 255.1% | ₹574 Cr 6.1% | ₹541 Cr 12.9% | ₹479 Cr |
| CWIP | ₹50 Cr 61.8% | ₹131 Cr 138.2% | ₹55 Cr 816.7% | ₹6 Cr 50.0% | ₹12 Cr 20.0% | ₹10 Cr 88.4% | ₹86 Cr 61.6% | ₹224 Cr 12.5% | ₹256 Cr 20.7% | ₹323 Cr |
| Investments | ₹145 Cr | ₹0 Cr 100.0% | ₹251 Cr | ₹0 Cr 100.0% | ₹123 Cr | ₹0 Cr 100.0% | ₹3 Cr 76.9% | ₹13 Cr 38.1% | ₹21 Cr 0.0% | ₹21 Cr |
| Other Assets | ₹5.6K Cr 9.3% | ₹5.1K Cr 14.9% | ₹4.4K Cr 13.3% | ₹3.9K Cr 24.5% | ₹3.1K Cr 18.8% | ₹2.6K Cr 29.7% | ₹2.0K Cr 12.1% | ₹2.3K Cr 34.5% | ₹1.7K Cr 16.0% | ₹1.5K Cr |
| Total Assets | ₹10.9K Cr 21.2% | ₹9.0K Cr 24.9% | ₹7.2K Cr 10.6% | ₹6.5K Cr 14.8% | ₹5.7K Cr 10.4% | ₹5.1K Cr 23.2% | ₹4.2K Cr 33.1% | ₹3.1K Cr 23.1% | ₹2.5K Cr 10.1% | ₹2.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.7K Cr 12.3% | ₹1.5K Cr 2.1% | ₹1.5K Cr 84.7% | ₹821 Cr 16.2% | ₹980 Cr 31.8% | ₹1.4K Cr 141.3% | ₹596 Cr 8.6% | ₹549 Cr 15.3% | ₹476 Cr 0.6% | ₹473 Cr |
| Investing CF | ₹-914 Cr 37.9% | ₹-663 Cr 133.5% | ₹-284 Cr 2284.6% | ₹13 Cr 106.2% | ₹-210 Cr 49.5% | ₹-416 Cr 58.4% | ₹-1.0K Cr 12412.5% | ₹-8 Cr 91.6% | ₹-95 Cr 51.8% | ₹-197 Cr |
| Financing CF | ₹-831 Cr 21.8% | ₹-682 Cr 9.1% | ₹-750 Cr 4.0% | ₹-721 Cr 19.8% | ₹-602 Cr 148.8% | ₹-242 Cr 43.2% | ₹-169 Cr 32.4% | ₹-250 Cr 10.7% | ₹-280 Cr 12.4% | ₹-249 Cr |
| Net Cash Flow | ₹-6 Cr 103.0% | ₹203 Cr 57.9% | ₹482 Cr 326.5% | ₹113 Cr 32.3% | ₹167 Cr 78.6% | ₹780 Cr 236.1% | ₹-573 Cr 297.6% | ₹290 Cr 184.3% | ₹102 Cr 292.3% | ₹26 Cr |
| Free Cash Flow | ₹1.6K Cr 11.2% | ₹1.4K Cr 2.4% | ₹1.5K Cr 106.8% | ₹702 Cr 42.0% | ₹1.2K Cr 13.3% | ₹1.4K Cr 199.1% | ₹467 Cr 4.3% | ₹488 Cr 28.1% | ₹381 Cr 51.8% | ₹251 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56d 6.7% | 60d 7.7% | 65d 13.3% | 75d 44.2% | 52d 10.6% | 47d 26.6% | 64d 1.6% | 63d 26.0% | 50d 11.1% | 45d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 56d 6.7% | 60d 7.7% | 65d 13.3% | 75d 44.2% | 52d 10.6% | 47d 26.6% | 64d 1.6% | 63d 26.0% | 50d 11.1% | 45d |
| Working Capital Days | -16d 77.8% | -9d | 0d 100.0% | 8d 11.1% | 9d 350.0% | 2d 88.9% | 18d 48.6% | 35d 2.8% | 36d 38.5% | 26d |
| ROCE | 30.0% 0.0% | 30.0% 11.1% | 27.0% 3.6% | 28.0% 3.7% | 27.0% 0.0% | 27.0% 10.0% | 30.0% 9.1% | 33.0% 2.9% | 34.0% 2.9% | 35.0% |
Source: Screener.in · Lower days = better efficiency
About Hexaware Technologies Limited
Incoprorated in 1992, Hexaware Technologies Ltd provides AI based digital & technology solutions[1]
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