IT Consulting & Software company HCL Technologies announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue: INR Revenue of Rs 30,246 crore, up 1.2% QoQ & up 6.1% YoY. Constant Currency (CC) Revenue down 0.8% QoQ & up 2.9% YoY. USD Revenue of USD 3,498 million, down 1.0% QoQ & up 2.0% YoY. Services CC Revenue up 0.7% QoQ & up 2.7% YoY. Digital CC Revenue up 12.6% YoY; contributes 40.7% of Services. HCLSoftware ARR at USD 1.03 billion, up 1.8% YoY CC Profitability & Return Metrics: EBIT at Rs 5,442 crore (18.0% of revenue), down 6.5% QoQ & up 8.4% YoY. Net Income at Rs 4,307 crore (14.2% of revenue), down 6.2% QoQ & up 8.1% YoY. ROIC (on LTM basis) – Company at 37.9%, up 411 bps YoY; Services at 45.5%, up 376 bps YoY. OCF at USD 2,632 million and FCF at USD 2,501 million (on LTM basis). FCF/NI at 123% (on LTM basis). Dividend of Rs 18/- per share, 89th consecutive quarter of dividend pay-out. FY25 Financial Highlights: Revenue: INR Revenue of Rs 117,055 crore, up 6.5%. Constant Currency (CC) Revenue up 4.7%. USD Revenue of USD 13,840 million, up 4.3%. HCLTech Services CC Revenue up 4.8%. Digital CC Revenue up 8.6%; contributes 39.0% of Services. HCLSoftware CC Revenue up 3.5%. HCLSoftware ARR at USD 1.03 billion, up 1.8% CC. Profitability & Return Metrics: EBIT at Rs 21,420 crore (18.3% of revenue), up 7.0%. Net Income at Rs 17,390 crore (14.9% of revenue), up 10.8%. EPS (Diluted) at Rs 64.09, up 10.8%. ROIC – Company at 37.9%, up 411 bps; Services at 45.5%, up 376 bps. OCF at USD 2,632 million and FCF at USD 2,501 million. FCF/NI at 123%. Full Year Dividend at Rs 60/- per share. Payout ratio of 93.5% for FY25. Roshni Nadar Malhotra Chairperson HCLTech, said: “HCLTech has delivered another year of robust growth with its futureready portfolio. We also marked the 25th anniversary of HCLTech going public and achieved the distinction of delivering best-in-class TSR over the past decade. We remain committed to creating value for all our stakeholders.” C Vijayakumar CEO & Managing Director HCLTech, said: “HCLTech grew the fastest among our peers for the second year in a row as we witnessed yet another year of disciplined execution. We delivered on our FY25 guidance with revenue growth of 4.7% in constant currency and EBIT margin of 18.3%. HCL Software growth continues to accelerate as it grew 3.5% CC this year. During this quarter, our services business delivered healthy growth of 0.7% QoQ CC amidst volatile market conditions. We saw very strong new bookings of $3B this quarter catalyzed by our AI propositions and integrated GTM organization that was set up at the start of the fiscal year. The strength of our execution should present us good medium-term opportunities emerging out of global uncertainties while we navigate the short-term cautiously.” Shiv Walia Chief Financial Officer HCLTech, said: “HCLTech delivered 6.5% INR revenue growth in FY25, yet another year of best-in-class performance. Our revenue came in at Rs 1,17,055 crore, up 6.5% and EBIT at Rs 21,420 crore, up 7.0%. HCLTech service revenue crossed a new milestone at Rs 1,05,398 crore, up 6.6%. Our Net Income (NI) for the year came in at Rs 17,390 crore, up 10.8%, translating to an EPS of Rs 64.09. Our Board is pleased to declare Rs 18/share as the Dividend for the quarter, bringing the total to Rs 60/share for FY25, which is 93.5% of the EPS. ROIC stands at 37.9% for the Company up 411 bps; at 45.5% for Services, up 376 bps. Our cash generation remains robust with OCF/NI at 129% and FCF/NI at 123%.” Result PDF
Conference Call with HCL Technologies Management and Analysts on Q4FY25 Performance and Outlook. Listen to the full earnings transcript.