HCL Technologies (NSE:HCLTECH) Research & Development: ₹0 Mil (TTM 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 Research & Development?

HCL Technologies NSE:HCLTECH -1.19% 82 Research & Development is ₹0 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.

Research & Development is the aggregate amount of research and development expenses during the year. HCL Technologies's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

HCL Technologies  (NSE:HCLTECH) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

HCL Technologies Research & Development Related Terms

HCL Technologies Research & Development Historical Data

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The historical data trend for HCL Technologies's Research & Development 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 Research & Development Chart

HCL Technologies Annual Data
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HCL Technologies Quarterly Data
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NSE:HCLTECH
82GF Score
HCL Technologies Ltd NSE:HCLTECH
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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HCL Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Research & Development →
What does a Research & Development of ₹0 Mil mean?
HCL Technologies (NSE:HCLTECH) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on HCL Technologies and its competitors.
Is HCL Technologies' Research & Development too high?
HCL Technologies' current Research & Development is ₹0 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' Research & Development compare to IBM and ACN?
HCL Technologies' Research & Development of ₹0 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 Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on HCL Technologies and its competitors. HCL Technologies's current Research & Development is ₹0 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 Research & Development is ₹0 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For HCL Technologies (NSE:HCLTECH), the current Research & Development is ₹0 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:

  • Research & Development: ₹0 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

Research & Development 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