HCL Technologies Balance Sheet
- Market cap
- ₹3.19 lakh crore
- P/E
- 24.4
- P/B
- 4.67
- ROE
- 16.4%
- Dividend yield
- 1.02%
As of Mar 2022, HCL Technologies had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 74.93% from Mar 2023.
HCL Technologies balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 543 | 543 | 543 | 543 |
| Reserves | 8,500 | 10,000 | 56,432 | 56,735 | 58,185 |
| Borrowings | 1,200 | 4,786 | 5,756 | 6,279 | 5,215 |
| Other liabilities | 3,500 | 23,227 | 25,750 | 29,592 | 35,846 |
| Total liabilities | 13,700 | 93,411 | 99,777 | 1,05,544 | 1,16,258 |
| Fixed assets | 6,500 | 7,760 | 7,916 | 7,590 | 8,321 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 18,682 | 19,955 | 21,109 | 23,252 |
| Other assets | 4,300 | 28,023 | 29,933 | 31,663 | 34,877 |
| Total assets | 13,700 | 93,411 | 99,777 | 1,05,544 | 1,16,258 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
HCL Technologies balance sheet — frequently asked questions
What is the total debt of HCL Technologies?
HCL Technologies reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹4,786 crore as of Mar 2023.
What is HCL Technologies' debt-to-equity ratio?
Based on the Mar 2022 balance sheet, HCL Technologies' debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are HCL Technologies' total assets?
HCL Technologies' total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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