HCL Technologies (NSE:HCLTECH) FCF Margin %: 0.00% (As of Mar. 2026)


NSE:HCLTECH HCL Technologies Ltd NSE:HCLTECH
82 GF Score
Price ₹1,100.70
GF Value ₹1,777.85
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is HCL Technologies FCF Margin %?

HCL Technologies NSE:HCLTECH -1.19% 82 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:HCLTECH with a GF Score™ of 82/100 and a GF Value™ of ₹1,777.85 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,815 Software companies, HCL Technologies ranks better than 77.87% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. HCL Technologies's Free Cash Flow for the three months ended in Mar. 2026 was ₹0 Mil. HCL Technologies's Revenue for the three months ended in Mar. 2026 was ₹339,810 Mil. Therefore, HCL Technologies's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, HCL Technologies's current FCF Yield % is 6.23%.

The historical rank and industry rank for HCL Technologies's FCF Margin % or its related term are showing as below:

NSE:HCLTECH' s FCF Margin % Range Over the Past 10 Years
Min: 5.9   Med: 16.19   Max: 23.5
Current: 14.26


During the past 13 years, the highest FCF Margin % of HCL Technologies was 23.50%. The lowest was 5.90%. And the median was 16.19%.

NSE:HCLTECH's FCF Margin % is ranked better than
77.87% of 2815 companies
in the Software industry
Industry Median: 2.41 vs NSE:HCLTECH: 14.26


HCL Technologies FCF Margin % Related Terms


HCL Technologies FCF Margin % Historical Data

* Premium members only.

The historical data trend for HCL Technologies's FCF Margin % 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 FCF Margin % Chart

HCL Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 16.11 19.47 18.07 14.26

HCL Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 0.00 0.00 0.00 0.00 0.00

NSE:HCLTECH vs IBM, ACN, FISV: FCF Margin % Comparison

For the Information Technology Services subindustry, HCL Technologies's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Software Industry

For the Software industry and Technology sector, HCL Technologies's FCF Margin % distribution charts can be found below:

* The bar in red indicates where HCL Technologies's FCF Margin % falls into.


NSE:HCLTECH
82GF Score
HCL Technologies Ltd NSE:HCLTECH
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HCL Technologies FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

HCL Technologies's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=185530/1301440
=14.26 %

HCL Technologies's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0/339810
=0.00 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 0.00% mean?
HCL Technologies (NSE:HCLTECH) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HCL Technologies and its competitors. Over the past decade, HCL Technologies' FCF Margin % has ranged from 5.90 to 23.50. According to the industry distribution chart, HCL Technologies ranks #623 out of 2815 companies in the Software industry, placing it in the top 22.1%.
Is HCL Technologies' FCF Margin % too high?
HCL Technologies' current FCF Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 23.50. Based on the distribution chart, HCL Technologies ranks #623 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, HCL Technologies has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCL Technologies' FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, HCL Technologies ranks #623 out of 2815 companies for FCF Margin %. This places HCL Technologies in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Historically, HCL Technologies' own FCF Margin % has ranged from 5.90 to 23.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HCL Technologies and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCL Technologies's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCL Technologies stock overvalued right now?
Based on GuruFocus' analysis, HCL Technologies (NSE:HCLTECH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,777.85, compared to a current price of ₹1,100.70 — trading 38.1% below its estimated fair value. The current FCF Margin % is 0.00%. HCL Technologies' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For HCL Technologies (NSE:HCLTECH), the current FCF Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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

Based on GuruFocus' analysis, HCL Technologies stock appears to be undervalued. The current stock price of ₹1,100.70 is trading 38.1% below its estimated GF Value™ of ₹1,777.85. GuruFocus considers HCL Technologies to be Significantly Undervalued.

Key valuation signals for NSE:HCLTECH:

  • FCF Margin %: 0.00%
  • GF Value™: ₹1,777.85 vs. price of ₹1,100.70 (38.1% below fair value)
  • GF Score™: 82/100 with 4 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.
82GF Score

Get the complete analysis for NSE:HCLTECH

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,100.70
Price
₹1,777.85
GF Value