HCLTECH vs TECHM: Stock Comparison
HCL TECHNOLOGIES is the larger company by market capitalisation. HCL TECHNOLOGIES shows a lower P/E, a higher ROE and a higher dividend yield, while TECH MAHINDRA 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 9; TECHM leads 3 of 13
Interactive comparison
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HCLTECH | TECHM |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | HCLTECH | TECHM |
|---|---|---|
| Live Price | ₹1,282 | ₹1,585 |
| Day Change | -1.27% | 0.89% |
| Volume | 19.37 L | 19.79 L |
| 52-Week High | ₹1,780.1 | ₹1,854 |
| 52-Week Low | ₹1,030 | ₹1,304.1 |
| Distance from 52W High | -27.98% | -14.51% |
Valuation
| Metric | HCLTECH | TECHM |
|---|---|---|
| Market Cap | ₹3.49 L Cr | ₹1.56 L Cr |
| P/E Ratio | 19.97x | 30.25x |
| P/B Ratio | 4.63x | 5.25x |
| EPS | ₹25.89 | ₹14.95 |
| Book Value | ₹273.09 | ₹334.41 |
| Dividend Yield | 4.56% | 3.19% |
Growth
| Metric | HCLTECH | TECHM |
|---|---|---|
| Revenue Growth (TTM YoY) | 5.3% | 12.6% |
| EPS Growth (TTM YoY) | -0.2% | 15.9% |
| Qtr Sales Growth | -58.54% | 18.86% |
| Qtr Profit Growth | 51.86% | 30.62% |
Profitability & Leverage
| Metric | HCLTECH | TECHM |
|---|---|---|
| ROE | 22.14% | 17.77% |
| ROCE | 26.96% | 17.82% |
| Net Margin | 12.8% | 8.47% |
| Operating Margin | 17.65% | 11.09% |
| Debt to Equity | 0x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | HCLTECH | TECHM |
|---|---|---|
| Promoter Holding | 44.42%▲ 0.02 pp | 34.94%▼ 0.01 pp |
| FII Holding | 14.9%▼ 0.61 pp | 18.66%▲ 0.07 pp |
| DII Holding | 18.78%▼ 0.21 pp | 36.92%▼ 0.41 pp |
| Public Holding | 5.15%▲ 0.79 pp | 9.29%▲ 0.36 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 TECH MAHINDRA.
Related Comparisons
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.

