HCL Technologies (NSE:HCLTECH) Total Inventories: ₹2,390 Mil (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
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What is HCL Technologies Total Inventories?

HCL Technologies NSE:HCLTECH -1.19% 82 Total Inventories is ₹2,390 Mil 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.

HCL Technologies's total inventories for the quarter that ended in Mar. 2026 was ₹2,390 Mil. HCL Technologies's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹1,195 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HCL Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹32.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HCL Technologies's Days Inventory for the three months ended in Mar. 2026 was 0.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. HCL Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 168.08.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. HCL Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


HCL Technologies  (NSE:HCLTECH) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

HCL Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(320110+0.75 * 235850+0.5 * 2390-410610
-0-320)/2705.767
=32.25

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

HCL Technologies's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=1195/200860*365 / 4
=0.54

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=200860 / 1195
=168.08

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

HCL Technologies's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1195 / 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


HCL Technologies Total Inventories Related Terms


HCL Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for HCL Technologies's Total Inventories 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 Total Inventories Chart

HCL Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,610.00 2,280.00 1,850.00 1,330.00 2,390.00

HCL Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 1,330.00 0.00 1,600.00 0.00 2,390.00
NSE:HCLTECH
82GF Score
HCL Technologies Ltd NSE:HCLTECH
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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HCL Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹2,390 Mil mean?
HCL Technologies (NSE:HCLTECH) has a Total Inventories of ₹2,390 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for HCL Technologies and its competitors.
Is HCL Technologies' Total Inventories too high?
HCL Technologies' current Total Inventories is ₹2,390 Mil. 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' Total Inventories compare to IBM and ACN?
HCL Technologies' Total Inventories of ₹2,390 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Software company?
A good Total Inventories depends on the Software industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for HCL Technologies and its competitors. HCL Technologies's current Total Inventories is ₹2,390 Mil. 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 Total Inventories is ₹2,390 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For HCL Technologies (NSE:HCLTECH), the current Total Inventories is ₹2,390 Mil 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:

  • Total Inventories: ₹2,390 Mil
  • 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

Total Inventories 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