HCLTECH vs XCHANGING: Stock Comparison
HCL TECHNOLOGIES is the larger company by market capitalisation. HCL TECHNOLOGIES shows a higher ROE, a higher dividend yield and faster revenue growth, while XCHANGING SOLUTIONS shows a lower P/E, a higher ROCE 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 7; XCHANGING leads 6 of 13
Interactive comparison
Compare the numbers that shape the decision
Every row uses its own scale. Switch lenses to compare like with like.
Valuation lens
What price are you paying?
✓ 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 | XCHANGING |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | HCLTECH | XCHANGING |
|---|---|---|
| Live Price | ₹1,222.7 | ₹60.8 |
| Day Change | 0.49% | 0.83% |
| Volume | 3.54 L | 944 |
| 52-Week High | ₹1,780.1 | ₹103 |
| 52-Week Low | ₹1,030 | ₹47.5 |
| Distance from 52W High | -31.31% | -40.97% |
Valuation
| Metric | HCLTECH | XCHANGING |
|---|---|---|
| Market Cap | ₹3.34 L Cr | ₹675 Cr |
| P/E Ratio | 18.91x | 11.09x |
| P/B Ratio | 4.38x | 1.7x |
| EPS | ₹64.28 | ₹0.35 |
| Book Value | ₹277.1 | ₹35.55 |
| Dividend Yield | 4.93% | 3.3% |
Growth
| Metric | HCLTECH | XCHANGING |
|---|---|---|
| Revenue Growth (TTM YoY) | 5.3% | 1.1% |
| EPS Growth (TTM YoY) | -0.2% | 10.6% |
| Qtr Sales Growth | -58.54% | -82.53% |
| Qtr Profit Growth | 51.86% | -73.88% |
Profitability & Leverage
| Metric | HCLTECH | XCHANGING |
|---|---|---|
| ROE | 22.14% | 15.01% |
| ROCE | 25.8% | 40.77% |
| Net Margin | 12.8% | 28.8% |
| Operating Margin | 17.65% | 40.46% |
| Debt to Equity | 0x | 0.18x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | HCLTECH | XCHANGING |
|---|---|---|
| Promoter Holding | 44.42%▲ 0.02 pp | 22.93% |
| FII Holding | 14.9%▼ 0.61 pp | 0.03%▼ 0.08 pp |
| DII Holding | 18.78%▼ 0.21 pp | 0.18%▼ 0.12 pp |
| Public Holding | 5.15%▲ 0.79 pp | 24.8%▲ 0.21 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 XCHANGING SOLUTIONS.
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.

