HCLTECH vs MARUTI: Stock Comparison

HCL TECHNOLOGIES vs MARUTI SUZUKI INDIAUpdated 9 Oct 26, 4:08 PM ISTNSE & company filings

MARUTI SUZUKI INDIA is the larger company by market capitalisation. HCL TECHNOLOGIES shows a lower P/E, a higher ROE and a higher dividend yield, while MARUTI SUZUKI INDIA shows faster revenue growth. 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 8; MARUTI leads 4 of 13

Not a rating
These companies operate in different sectors (Information Technology vs Automobile and Auto Components). 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.

HCLTECHMARUTI

Valuation lens

What price are you paying?

Market CapContext only
₹3.3 L Cr
₹3.58 L Cr
P/E RatioHCLTECH has the lower reading
18.91x ✓
24.99x
P/B RatioMARUTI has the lower reading
4.38x
3.34x ✓
EPSMARUTI has the higher reading
₹17.04
₹109.63 ✓
Book ValueContext only
₹277.1
₹3,408.25
Dividend YieldHCLTECH has the higher reading
4.94% ✓
1.23%

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

Key Differences

Market Cap
MARUTI is the larger company
₹3.58 L Cr vs ₹3.3 L Cr
P/E Ratio
HCLTECH has a lower P/E
18.91x vs 24.99x
P/B Ratio
MARUTI has a lower P/B
3.34x vs 4.38x
EPS
MARUTI has higher earnings per share
₹109.63 vs ₹17.04
Dividend Yield
HCLTECH has a higher dividend yield
4.94% vs 1.23%
Revenue Growth (TTM YoY)
MARUTI has faster revenue growth
28.2% vs 5.3%
EPS Growth (TTM YoY)
HCLTECH has faster EPS growth
-0.2% vs -6.4%
Qtr Sales Growth
HCLTECH has stronger quarterly sales growth
141.19% vs 0.01%

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

Profile

MetricHCLTECHMARUTI
SectorInformation TechnologyAutomobile and Auto Components
IndustryComputers - Software & ConsultingPassenger Cars & Utility Vehicles

Price

MetricHCLTECHMARUTI
Live Price₹1,216.7₹11,420
Day Change3.38%1.71%
Volume29.35 L3.53 L
52-Week High₹1,780.1₹17,370
52-Week Low₹1,030₹11,225
Distance from 52W High-31.65%-34.25%

Valuation

MetricHCLTECHMARUTI
Market Cap₹3.3 L Cr₹3.58 L Cr
P/E Ratio18.91x24.99x
P/B Ratio4.38x3.34x
EPS₹17.04₹109.63
Book Value₹277.1₹3,408.25
Dividend Yield4.94%1.23%

Growth

MetricHCLTECHMARUTI
Revenue Growth (TTM YoY)5.3%28.2%
EPS Growth (TTM YoY)-0.2%-6.4%
Qtr Sales Growth141.19%0.01%
Qtr Profit Growth-34.15%-5.8%

Profitability & Leverage

MetricHCLTECHMARUTI
ROE22.14%13.74%
ROCE25.8%13.93%
Net Margin12.8%8.66%
Operating Margin17.65%10.42%
Debt to Equity0x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHCLTECHMARUTI
Promoter Holding44.42%▲ 0.02 pp0%
FII Holding14.9%▼ 0.61 pp12.82%▼ 1.3 pp
DII Holding18.78%▼ 0.21 pp25.18%▲ 1 pp
Public Holding5.15%▲ 0.79 pp3.35%▲ 0.17 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 MARUTI SUZUKI INDIA.

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.