HCLTECH vs TECHM: Stock Comparison

HCL TECHNOLOGIES vs TECH MAHINDRAUpdated 27 Aug 26, 4:08 PM ISTNSE & company filings

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

Not a rating

Interactive comparison

Compare the numbers that shape the decision

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

HCLTECHTECHM

Valuation lens

What price are you paying?

Market CapContext only
₹3.49 L Cr
₹1.56 L Cr
P/E RatioHCLTECH has the lower reading
19.97x
30.25x
P/B RatioHCLTECH has the lower reading
4.63x
5.25x
EPSHCLTECH has the higher reading
₹25.89
₹14.95
Book ValueContext only
₹273.09
₹334.41
Dividend YieldHCLTECH has the higher reading
4.56%
3.19%

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

Key Differences

Market Cap
HCLTECH is the larger company
₹3.49 L Cr vs ₹1.56 L Cr
P/E Ratio
HCLTECH has a lower P/E
19.97x vs 30.25x
P/B Ratio
HCLTECH has a lower P/B
4.63x vs 5.25x
EPS
HCLTECH has higher earnings per share
₹25.89 vs ₹14.95
Dividend Yield
HCLTECH has a higher dividend yield
4.56% vs 3.19%
Revenue Growth (TTM YoY)
TECHM has faster revenue growth
12.6% vs 5.3%
EPS Growth (TTM YoY)
TECHM has faster EPS growth
15.9% vs -0.2%
Qtr Sales Growth
TECHM has stronger quarterly sales growth
18.86% vs -58.54%

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

Profile

MetricHCLTECHTECHM
SectorInformation TechnologyInformation Technology
IndustryComputers - Software & ConsultingComputers - Software & Consulting

Price

MetricHCLTECHTECHM
Live Price₹1,282₹1,585
Day Change-1.27%0.89%
Volume19.37 L19.79 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

MetricHCLTECHTECHM
Market Cap₹3.49 L Cr₹1.56 L Cr
P/E Ratio19.97x30.25x
P/B Ratio4.63x5.25x
EPS₹25.89₹14.95
Book Value₹273.09₹334.41
Dividend Yield4.56%3.19%

Growth

MetricHCLTECHTECHM
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 Growth51.86%30.62%

Profitability & Leverage

MetricHCLTECHTECHM
ROE22.14%17.77%
ROCE26.96%17.82%
Net Margin12.8%8.47%
Operating Margin17.65%11.09%
Debt to Equity0x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHCLTECHTECHM
Promoter Holding44.42% 0.02 pp34.94% 0.01 pp
FII Holding14.9% 0.61 pp18.66% 0.07 pp
DII Holding18.78% 0.21 pp36.92% 0.41 pp
Public Holding5.15% 0.79 pp9.29% 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.

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.