WEBSITE BSE:544362 NSE: HEXT Inc. Year: 1992 Industry: IT - Software
Last updated: 16:00
Hexaware Technologies Ltd is a global technology and business process services company, established in 1990 and headquartered in Navi Mumbai, India. With a workforce of over 32,000 professionals spread across the Americas, Europe, and Asia-Pacific, Hexaware delivers a wide range of IT services, business process outsourcing (BPO), and consulting solutions to clients worldwide. The company has carved a strong reputation in digital transformation, leveraging automation, cloud, artificial intelligence (AI), and data analytics to help businesses enh...Read More
Hexaware Technologies Ltd is a global technology and business process services company, established in 1990 and headquartered in Navi Mumbai, India. With a workforce of over 32,000 professionals spread across the Americas, Europe, and Asia-Pacific, Hexaware delivers a wide range of IT services, business process outsourcing (BPO), and consulting solutions to clients worldwide. The company has carved a strong reputation in digital transformation, leveraging automation, cloud, artificial intelligence (AI), and data analytics to help businesses enhance customer experiences and operational efficiency. Its core services include application development and modernization, IT infrastructure management, quality assurance, enterprise solutions, cybersecurity, and advanced AI-driven automation. Notably, Hexaware has emerged as a leader in generative AI solutions, offering enterprise-grade tools like chatbots, personalized recommendation engines, smart sales assistants, and AI-powered legal research platforms. ...Read Less
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Market Cap ₹44341 Cr.
Stock P/E 37.8
P/B 7.2
Current Price ₹725.7
Book Value ₹ 101.1
Face Value 1
52W High ₹900.2
Dividend Yield 1.21%
52W Low ₹ 593
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Jun 2020 | Sep 2020 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1569 | 1586 | 2616 | 2749 | 2936 | 3136 | 3154 | 3208 | 3261 | 3484 |
| Other Income | 3 | -6 | 10 | 11 | 30 | 11 | 24 | 4 | 160 | 10 |
| Total Income | 1572 | 1580 | 2626 | 2759 | 2965 | 3147 | 3178 | 3212 | 3421 | 3494 |
| Total Expenditure | 1305 | 1308 | 2285 | 2331 | 2504 | 2645 | 2664 | 2680 | 2856 | 2882 |
| Operating Profit | 267 | 271 | 341 | 428 | 461 | 502 | 514 | 532 | 564 | 612 |
| Interest | 15 | 13 | 7 | 10 | 12 | 23 | 21 | 22 | 21 | 26 |
| Depreciation | 64 | 57 | 94 | 60 | 69 | 74 | 76 | 74 | 75 | 89 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 188 | 200 | 240 | 358 | 380 | 406 | 417 | 436 | 468 | 497 |
| Provision for Tax | 36 | 38 | 47 | 79 | 105 | 106 | 96 | 109 | 89 | 127 |
| Profit After Tax | 152 | 162 | 193 | 279 | 275 | 300 | 321 | 327 | 380 | 370 |
| Adjustments | 0 | 0 | 0 | 1 | 1 | 3 | -2 | 0 | 0 | 0 |
| Profit After Adjustments | 152 | 163 | 193 | 280 | 275 | 303 | 319 | 327 | 380 | 370 |
| Adjusted Earnings Per Share | 2.6 | 2.7 | 1.6 | 2.3 | 4.5 | 5 | 5.2 | 5.4 | 6.2 | 6.1 |
| #(Fig in Cr.) | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2582 | 3124 | 3535 | 3942 | 4648 | 5583 | 6262 | 7178 | 9200 | 10380 | 11974 | 13107 |
| Other Income | 27 | 17 | 42 | 49 | 58 | 28 | 35 | 67 | 179 | 22 | 75 | 198 |
| Total Income | 2609 | 3141 | 3577 | 3991 | 4706 | 5611 | 6297 | 7245 | 9379 | 10403 | 12049 | 13305 |
| Total Expenditure | 2139 | 2587 | 2960 | 3285 | 3912 | 4702 | 5212 | 6042 | 7974 | 8809 | 10139 | 11082 |
| Operating Profit | 470 | 554 | 617 | 705 | 794 | 909 | 1084 | 1203 | 1405 | 1594 | 1910 | 2222 |
| Interest | 2 | 1 | 1 | 1 | 3 | 10 | 52 | 38 | 38 | 42 | 71 | 90 |
| Depreciation | 44 | 48 | 55 | 63 | 65 | 103 | 232 | 224 | 244 | 284 | 279 | 314 |
| Exceptional Income / Expenses | -7 | 0 | 0 | 0 | 0 | -17 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 418 | 505 | 560 | 641 | 727 | 779 | 800 | 941 | 1123 | 1269 | 1560 | 1818 |
| Provision for Tax | 98 | 111 | 141 | 141 | 143 | 138 | 179 | 192 | 239 | 271 | 386 | 421 |
| Profit After Tax | 320 | 393 | 419 | 500 | 583 | 641 | 622 | 749 | 884 | 998 | 1174 | 1398 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | -2 |
| Profit After Adjustments | 320 | 393 | 419 | 500 | 583 | 641 | 622 | 749 | 884 | 998 | 1176 | 1396 |
| Adjusted Earnings Per Share | 5.3 | 6.5 | 6.9 | 8.4 | 9.8 | 10.7 | 10.3 | 12.4 | 14.6 | 16.4 | 19.3 | 22.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 15% | 19% | 16% | 17% |
| Operating Profit CAGR | 20% | 17% | 16% | 15% |
| PAT CAGR | 18% | 16% | 13% | 14% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | 9% | 13% |
| ROE Average | 24% | 23% | 22% | 25% |
| ROCE Average | 33% | 30% | 29% | 32% |
| #(Fig in Cr.) | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1291 | 1433 | 1741 | 2007 | 2392 | 2765 | 3236 | 3788 | 4123 | 4635 | 5357 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 143 | 146 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 14 | 10 | -95 | -113 | -148 | -96 | 308 | 222 | 176 | 138 | 500 |
| Total Current Liabilities | 431 | 552 | 540 | 517 | 711 | 1213 | 1255 | 1453 | 1955 | 2156 | 2872 |
| Total Liabilities | 1736 | 1995 | 2186 | 2412 | 2955 | 4025 | 4945 | 5463 | 6254 | 6929 | 8726 |
| Fixed Assets | 514 | 533 | 479 | 541 | 574 | 2038 | 2478 | 2391 | 2588 | 2454 | 3760 |
| Other Non-Current Assets | 208 | 317 | 474 | 417 | 393 | 262 | 154 | 139 | 214 | 274 | 416 |
| Total Current Assets | 1014 | 1145 | 1233 | 1454 | 1988 | 1725 | 2313 | 2932 | 3452 | 4202 | 4551 |
| Total Assets | 1736 | 1995 | 2186 | 2412 | 2955 | 4025 | 4945 | 5463 | 6254 | 6929 | 8726 |
| #(Fig in Cr.) | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 289 | 286 | 386 | 413 | 515 | 805 | 232 | 1011 | 1179 | 1292 | 1773 |
| Cash Flow from Operating Activities | 413 | 393 | 473 | 476 | 549 | 596 | 1438 | 980 | 821 | 1516 | 1548 |
| Cash Flow from Investing Activities | 119 | 14 | -200 | -94 | -45 | -998 | -423 | -225 | -15 | -300 | -669 |
| Cash Flow from Financing Activities | -535 | -314 | -249 | -280 | -250 | -169 | -242 | -602 | -721 | -750 | -682 |
| Net Cash Inflow / Outflow | -3 | 93 | 24 | 103 | 253 | -570 | 774 | 153 | 84 | 466 | 197 |
| Closing Cash & Cash Equivalent | 286 | 379 | 413 | 515 | 805 | 232 | 1011 | 1179 | 1292 | 1773 | 1977 |
| # | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 5.32 | 6.52 | 6.94 | 8.42 | 9.81 | 10.75 | 10.35 | 12.42 | 14.64 | 16.44 | 19.35 |
| CEPS(Rs) | 6.05 | 7.32 | 7.85 | 9.48 | 10.9 | 12.48 | 14.22 | 16.13 | 18.69 | 21.11 | 23.89 |
| DPS(Rs) | 4.73 | 4.33 | 2.75 | 2 | 4.25 | 4.25 | 3.5 | 4 | 11 | 8.75 | 8.75 |
| Book NAV/Share(Rs) | 21.44 | 23.38 | 28.08 | 32.58 | 38.55 | 44.99 | 52.5 | 62.29 | 67.15 | 76.03 | 86.72 |
| Core EBITDA Margin(%) | 17.16 | 17.19 | 16.25 | 16.65 | 15.84 | 15.78 | 16.76 | 15.83 | 13.32 | 15.14 | 15.33 |
| EBIT Margin(%) | 16.27 | 16.19 | 15.89 | 16.29 | 15.69 | 14.14 | 13.62 | 13.64 | 12.61 | 12.62 | 13.62 |
| Pre Tax Margin(%) | 16.2 | 16.16 | 15.85 | 16.25 | 15.63 | 13.96 | 12.78 | 13.11 | 12.21 | 12.22 | 13.03 |
| PAT Margin (%) | 12.4 | 12.59 | 11.86 | 12.67 | 12.55 | 11.49 | 9.92 | 10.43 | 9.61 | 9.61 | 9.8 |
| Cash Profit Margin (%) | 14.1 | 14.13 | 13.42 | 14.28 | 13.95 | 13.34 | 13.64 | 13.55 | 12.27 | 12.34 | 12.13 |
| ROA(%) | 18.06 | 21.08 | 20.05 | 21.73 | 21.74 | 18.38 | 13.86 | 14.39 | 15.09 | 15.13 | 15 |
| ROE(%) | 25.72 | 29.12 | 26.99 | 27.52 | 27.61 | 25.77 | 21.29 | 21.67 | 22.64 | 23.01 | 23.75 |
| ROCE(%) | 33.73 | 37.13 | 35.38 | 34.26 | 33.15 | 29.79 | 26.92 | 27.13 | 29.04 | 29.64 | 32.65 |
| Receivable days | 48.72 | 47.11 | 45.34 | 45.08 | 52.58 | 58.28 | 52.27 | 55.45 | 64.45 | 65.54 | 58.24 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 18.79 | 18.66 | 14.93 | 20.22 | 16.95 | 15.58 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 4.66 | 5.2 | 3.69 | 5.22 | 4.31 | 3.72 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 4.73 | 3.55 | 2.66 | 1.17 | 2.55 | 2.54 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.22 | 2.23 | 1.65 | 2.43 | 1.95 | 1.77 | -0.12 | -0.16 | -0.13 | -0.17 | -0.16 |
| EV/Core EBITDA(x) | 12.16 | 12.55 | 9.45 | 13.59 | 11.43 | 10.87 | -0.72 | -0.95 | -0.83 | -1.08 | -1.01 |
| Net Sales Growth(%) | 12.97 | 20.99 | 13.17 | 11.52 | 17.9 | 20.11 | 12.17 | 14.62 | 28.17 | 12.83 | 15.36 |
| EBIT Growth(%) | -12.65 | 20.43 | 11.03 | 14.34 | 13.55 | 8.3 | 7.98 | 14.79 | 18.58 | 12.92 | 24.48 |
| PAT Growth(%) | -15.56 | 22.82 | 6.6 | 19.17 | 16.8 | 9.92 | -3.09 | 20.48 | 18.08 | 12.83 | 17.68 |
| EPS Growth(%) | -15.85 | 22.56 | 6.44 | 21.27 | 16.58 | 9.54 | -3.72 | 20.02 | 17.89 | 12.27 | 17.73 |
| Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.06 | 0 | 0.02 | 0 | 0 |
| Current Ratio(x) | 2.35 | 2.07 | 2.28 | 2.81 | 2.8 | 1.42 | 1.84 | 2.02 | 1.77 | 1.95 | 1.58 |
| Quick Ratio(x) | 2.35 | 2.07 | 2.28 | 2.81 | 2.8 | 1.42 | 1.84 | 2.02 | 1.77 | 1.95 | 1.58 |
| Interest Cover(x) | 230.61 | 453.97 | 494.31 | 429.48 | 288.75 | 76.5 | 16.37 | 26.1 | 30.95 | 31.27 | 23.01 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| # | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 62.52 | 62.45 | 62.44 | 62.44 | 62.34 | 91.16 | 74.71 | 74.57 | 74.55 | 74.3 |
| FII | 16.76 | 17.85 | 16.97 | 16.82 | 14.03 | 2.94 | 10.59 | 9.76 | 8.31 | 8.15 |
| DII | 11.89 | 11.58 | 12.41 | 12.85 | 13.12 | 0.01 | 9.05 | 9.88 | 11.13 | 11.31 |
| Public | 8.84 | 8.12 | 8.17 | 7.88 | 10.51 | 5.9 | 5.65 | 5.8 | 6.01 | 6.24 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 18.63 | 18.63 | 18.63 | 18.63 | 18.63 | 27.36 | 45.4 | 45.4 | 45.4 | 45.4 |
| FII | 4.99 | 5.33 | 5.06 | 5.02 | 4.19 | 0.88 | 6.44 | 5.94 | 5.06 | 4.98 |
| DII | 3.54 | 3.45 | 3.7 | 3.84 | 3.92 | 0 | 5.5 | 6.01 | 6.78 | 6.91 |
| Public | 2.63 | 2.42 | 2.44 | 2.35 | 3.14 | 1.77 | 3.43 | 3.53 | 3.66 | 3.81 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29.8 | 29.83 | 29.84 | 29.84 | 29.89 | 30.01 | 60.77 | 60.88 | 60.9 | 61.1 |
* The pros and cons are machine generated.
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