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HCLTECH vs ICICIBANK: Stock Comparison

HCL TECHNOLOGIES vs ICICI BANKUpdated 23 Oct 26, 4:08 PM ISTNSE & company filings

ICICI BANK is the larger company by market capitalisation. HCL TECHNOLOGIES shows a higher ROE, a higher dividend yield and a higher ROCE, while ICICI BANK shows a lower P/E, faster revenue growth and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

HCLTECH leads 4; ICICIBANK leads 7 of 11

Not a rating
These companies operate in different sectors (Information Technology vs Financial Services). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HCLTECHICICIBANK

Valuation lens

What price are you paying?

Market CapContext only
₹3.86 L Cr
₹10.01 L Cr
P/E RatioICICIBANK has the lower reading
21.09x
16.93x ✓
P/B RatioICICIBANK has the lower reading
5.08x
2.43x ✓
EPSICICIBANK has the higher reading
₹18.91
₹22.75 ✓
Book ValueContext only
₹277.1
₹542.8
Dividend YieldHCLTECH has the higher reading
4.21% ✓
0.86%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
ICICIBANK is the larger company
₹10.01 L Cr vs ₹3.86 L Cr
P/E Ratio
ICICIBANK has a lower P/E
16.93x vs 21.09x
P/B Ratio
ICICIBANK has a lower P/B
2.43x vs 5.08x
EPS
ICICIBANK has higher earnings per share
₹22.75 vs ₹18.91
Dividend Yield
HCLTECH has a higher dividend yield
4.21% vs 0.86%
Revenue Growth (TTM YoY)
ICICIBANK has faster revenue growth
66.9% vs 5.3%
EPS Growth (TTM YoY)
ICICIBANK has faster EPS growth
8.4% vs -0.2%
Qtr Profit Growth
HCLTECH has stronger quarterly profit growth
10.94% vs 6.8%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHCLTECHICICIBANK
SectorInformation TechnologyFinancial Services
IndustryComputers - Software & ConsultingPrivate Sector Bank

Price

MetricHCLTECHICICIBANK
Live Price₹1,422.2₹1,394.2
Day Change0.04%-0.31%
Volume44.22 L1.16 Cr
52-Week High₹1,780.1₹1,480
52-Week Low₹1,030₹1,187.6
Distance from 52W High-20.11%-5.8%

Valuation

MetricHCLTECHICICIBANK
Market Cap₹3.86 L Cr₹10.01 L Cr
P/E Ratio21.09x16.93x
P/B Ratio5.08x2.43x
EPS₹18.91₹22.75
Book Value₹277.1₹542.8
Dividend Yield4.21%0.86%

Growth

MetricHCLTECHICICIBANK
Revenue Growth (TTM YoY)5.3%66.9%
EPS Growth (TTM YoY)-0.2%8.4%
Qtr Sales Growth3.01%—
Qtr Profit Growth10.94%6.8%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricHCLTECHICICIBANK
ROE29.45%14.86%
ROCE40.57%21.6%
Net Margin12.8%24.3%
Operating Margin18.66%32.99%
Debt to Equity0x0.37x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHCLTECHICICIBANK
Promoter Holding44.42%▲ 0.02 pp—
FII Holding14.9%▼ 0.61 pp50.44%▲ 0.62 pp
DII Holding18.78%▼ 0.21 pp41.78%▼ 0.53 pp
Public Holding5.15%▲ 0.79 pp7.56%▼ 0.09 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HCL TECHNOLOGIES and ICICI BANK.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.