Infosys Limited vs HCL Technologies Limited
An objective side-by-side of INFY and HCLTECH, both in Computers - Software - Large: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-05 close
Latest results: INFY Sep 2026 · HCLTECH Sep 2026
At a glance
- Infosys Limited is the larger company by market value, about 1.2 times the size of HCL Technologies Limited.
- On trailing earnings, Infosys Limited trades at the lower P/E (15.4 against 21.1).
- Infosys Limited earns the higher return on equity (31.1% against 24.4%).
- Over three years Infosys Limited has grown profits faster (8% a year against 6%).
- Over the past year the share prices returned -21.9% (INFY) and -7.7% (HCLTECH).
| Metric | Infosys INFY |
HCL Technologies HCLTECH |
|---|---|---|
| Size and price | ||
| Market cap | ₹472,841 Cr | ₹387,183 Cr |
| Share price | ₹1,167.40 | ₹1,430.50 |
| Valuation | ||
| P/E | 15.36 | 21.12 |
| P/B | 4.77 | 5.15 |
| EV/EBITDA | 11.29 | 13.78 |
| PEG | 1.92 | 3.52 |
| Dividend yield | 4.1% | 3.8% |
| Profitability | ||
| ROE | 31.1% | 24.4% |
| ROCE | 40.0% | 31.0% |
| Operating margin | 22.5% | 20.6% |
| Sales (TTM) | ₹189,336 Cr | ₹138,052 Cr |
| Net profit (TTM) | ₹30,776 Cr | ₹18,330 Cr |
| Growth | ||
| Latest quarter sales YoY | +10.7% | +11.5% |
| Latest quarter profit YoY | +6.4% | +21.2% |
| Sales CAGR 3Y | +7.0% | +9.0% |
| Profit CAGR 3Y | +8.0% | +6.0% |
| Sales CAGR 5Y | +12.0% | +12.0% |
| Profit CAGR 5Y | +9.0% | +10.0% |
| Financial strength | ||
| Debt/Equity | 0.09 | 0.07 |
| Interest cover | 78.79 | 25.72 |
| Ownership | ||
| Promoter holding | 13.9% | 60.9% |
| Promoter change (4 qtrs) | -0.40 pp | +0.06 pp |
| Price performance | ||
| Return 1M | +15.15% | +18.77% |
| Return 3M | -0.56% | +5.96% |
| Return 1Y | -21.85% | -7.70% |
| Return YTD | -27.73% | -11.88% |
| Technical condition | ||
| Technical score | 62 | 73 |
| RS rating (1-99) | 42.00 | 65.00 |
| % vs 200-DMA | -3.20% | +8.30% |
| RSI (14) | 58.73 | 65.08 |
| % from 52-week high | -32.44% | -19.64% |
