Annual Report
2023-24
FY24 was a year of industry-leading growth at HCLTech as we continued to bring together the best of technology and our people to supercharge progress.
Our full-stack portfolio, underpinned by a strong engineering heritage, is enabling global enterprises to unlock the true potential of digital technologies.
As we engineer the digital future for our clients, we remain grounded in the “art of possible” to innovate solutions that are relevant and deliver value in the real world.
And we do it all sustainably, responsibly and ethically.
Message from
the Chairperson
the Chairperson
Roshni Nadar Malhotra
Chairperson, HCLTech
"The technology landscape today is perhaps the most exciting in over a decade... With our comprehensive portfolio, strong engineering heritage and ecosystem of partners, we are well equipped to help clients thrive as GenAI begins to touch almost every aspect of business."
Roshni Nadar Malhotra
Message from the CEO &
Managing Director
Managing Director
C Vijayakumar
CEO & Managing Director
"Our revenue growth rate was the highest among the tier 1 global IT services companies and our EBIT margin for the year was 18.2%. Our free cashflow continued to be healthy at $2.6 billion, a growth of 27.7% YoY. It is a testament to the depth and breadth of our offerings as well as strong and impactful execution as we continue to focus sharply on always being relevant to our clients."
C Vijayakumar
A Year of Industry-Leading Growth
Revenue from Operations(₹ Cr)
11.7%
CAGR(CC)*
Earnings before other income, tax and finance cost(₹ Cr)
9.5%
CAGR*
Profit after Tax (PAT)(₹ Cr)
.webp)
9.2%
CAGR*
Diluted EPS(₹)
9.2%
CAGR*
Employee Metrics(Headcount)
Segment Revenue**(₹ Cr)
**Includes inter-segment revenue of ₹508 crores.
Client Category
(Number of Clients)
*4-year CAGR
OCF/NI ratio and dividend payout ratio
Our Global Footprint
Kiran Nadar receiving Amrit Ratna Award on behalf of Shiv Nadar
HCLTech Chairperson Roshni Nadar Malhotra was the co-chair of the B20 Digital Transformation Taskforce during India’s G20 presidency
HCLTech employees in the US (left) and APAC (right) celebrating the Top Employer recognition
Download Complete Annual Report 2023-24