Hexaware Technologies Limited
Hexaware Technologies Limited provides information technology consulting, software development, and business process services worldwide. The company operates through Travel and Transportation, Financial Services, Banking, Healthcare and Insurance, Hi-Tech Professional Services, and Manufacturing and Consumer segments. It offers application services, including enterprise architecture consulting, application development, application rationalization and modernization, application support and maintenance, quality assurance and testing, and security and compliance; cybersecurity services, such as governance, risk, and compliance, hybrid cloud security, DevSecOps, and digital workplace security; automation-as-a-service and IT ops automation; and generative AI solutions comprising secure access, knowledge management, private LLM for legal, Tensai GPT/enterprise chatbot, multimodal connect, RapidX, case citation, personalized product recommendations, Amaze, smart sales advisor, medical coding acceleration, interaction analytics, and Bond Reco. The company provides ESG integration, net zero transition, and climate tech services; quality engineering and software testing services, such as software engineering, applications, application managed, and enterprise platform services. In addition, it offers business process, cloud, data and AI, digital IT operation, digital and software, and enterprise platform services. It serves banking, education and institutions, financial services, hi-tech, products and platforms, insurance, life sciences and healthcare, manufacturing, professional services, retail and consumer, telecom and utilities, transportation and logistics, and travel and hospitality industries. The company was formerly known as Aptech Limited and changed its name to Hexaware Technologies Limited in January 2001. The company was founded in 1990 and is based in Navi Mumbai, India. As of November 12, 2021, Hexaware Technologies Limited operates as a subsidiary of CA Magnum Holdings.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Revenue grew 17.5% YoY
Concerns1
- Operating margin declining for 3 consecutive years (21.0% β 19.0% β 18.0%)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | β | β | β | β | β | β | β | β |
| Mar 2024 | βΉ6.29 K Cr | β | βΉ784.00 Cr | β | β | β | 26.2% | 7.8% |
| Mar 2023 | βΉ4.99 K Cr | β | βΉ727.00 Cr | β | β | β | 21.6% | 5.4% |
| Mar 2022 | βΉ4.10 K Cr | β | βΉ690.00 Cr | β | β | β | 27.5% | 17.5% |
| Mar 2021 | βΉ3.22 K Cr | β | βΉ587.00 Cr | β | β | β | 32.5% | 9.1% |
| Mar 2020 | βΉ2.43 K Cr | β | βΉ538.00 Cr | β | β | β | 13.4% | 5.9% |
| Mar 2019 | βΉ2.14 K Cr | β | βΉ508.00 Cr | β | β | β | 19.3% | 12.1% |
| Mar 2018 | βΉ1.79 K Cr | β | βΉ453.00 Cr | β | β | β | 17.7% | 10.2% |
| Mar 2017 | βΉ1.52 K Cr | β | βΉ411.00 Cr | β | β | β | 9.4% | 17.1% |
| Mar 2016 | βΉ1.39 K Cr | β | βΉ351.00 Cr | β | β | β | 7.7% | 5.4% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Dec 2025 |
|---|---|
| Revenue / Net Sales | 7,389 |
| Total Expenses | 6,047 |
| EBIT / Operating Profit | 1,342 |
| OPM % | 18 |
| Other Income | -86 |
| Finance Costs | 68 |
| Depreciation & Amortisation | 147 |
| Profit Before Tax | 1,040 |
| Tax % | 25 |
| Net Profit / PAT | 780 |
| EPS (βΉ) | 12.76 |
| Dividend Payout % | 90 |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Hexaware Technologies Limitedthis co. | βΉ44.92 K Cr | βΉ7.39 K Cr | 43.40 | 13.17 | 0.00 | 17.5% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |