HCL Technologies (NSE:HCLTECH) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:HCLTECH HCL Technologies Ltd NSE:HCLTECH
95 GF Score
Price ₹1,293.40
GF Value ₹1,827.17
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is HCL Technologies Debt-to-Equity?

HCL Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. HCL Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. HCL Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HCL Technologies's Debt-to-Equity or its related term are showing as below:

NSE:HCLTECH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.16
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of HCL Technologies was 0.16. The lowest was 0.02. And the median was 0.10.

NSE:HCLTECH's Debt-to-Equity is ranked better than
72.78% of 2245 companies
in the Software industry
Industry Median: 0.2 vs NSE:HCLTECH: 0.07

HCL Technologies  (NSE:HCLTECH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

HCL Technologies Debt-to-Equity Related Terms

HCL Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for HCL Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HCL Technologies Debt-to-Equity Chart

HCL Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.08 0.09 0.07

HCL Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.10 N/A 0.07 N/A

NSE:HCLTECH vs IBM, ACN, CTSH: Debt-to-Equity Comparison

For the Information Technology Services subindustry, HCL Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HCL Technologies Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, HCL Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HCL Technologies's Debt-to-Equity falls into.


NSE:HCLTECH
95GF Score
HCL Technologies Ltd NSE:HCLTECH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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HCL Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HCL Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(19980 + 32170) / 751650
=0.07

HCL Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is HCL Technologies (NSE:HCLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, HCL Technologies stock appears to be undervalued. The current stock price of ₹1,293.40 is trading 29.2% below its estimated GF Value™ of ₹1,827.17. GuruFocus considers HCL Technologies to be Modestly Undervalued.

Key valuation signals for NSE:HCLTECH:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1,827.17 vs. price of ₹1,293.40 (29.2% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the NSE:HCLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HCL Technologies Business Description

Other Exchanges 532281:India
Address Sector 126, Special Economic Zone, Plot No. 3A, Technology Hub, Noida, UP, IND, 201304
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries, including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments: IT and Business Services, Engineering and R&D Services, and HCL Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from the USA, and the rest from Europe, India, and the Rest of the world.
95GF Score

Get the complete analysis for NSE:HCLTECH

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,293.40
Price
₹1,827.17
GF Value