NSE ScannerComparison · NSE · data 2026-10-31
HCL Technologies Limited vs Infosys Limited
In plain words
Size: Infosys Limited is about 1.2 times the market value of HCL Technologies Limited.
Valuation (P/E): HCL Technologies Limited 21.1 vs Infosys Limited 15.7.
Return on equity: Infosys Limited 31.2% vs HCL Technologies Limited 23%.
Profit growth over 3 years: Infosys Limited 6.9% a year vs HCL Technologies Limited 3.9% a year.
Debt to equity: Infosys Limited 0.1 vs HCL Technologies Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HCLTECH | INFY | |
|---|---|---|
| Price | ₹1,428.1 | ₹1,185 |
| Market cap | ₹3,87,511 cr | ₹4,79,688 cr |
| P/E | 21.1 | 15.7 |
| P/B | 5.1 | 4.8 |
| ROE | 23.0% | 31.2% |
| ROCE | 28.0% | 36.2% |
| Debt / equity | 0.07 | 0.1 |
| Operating margin | 17.5% | 20.7% |
| Dividend yield | 4.20% | 4.06% |
| Sales growth, 3 years (yearly) | 8.7% | 6.8% |
| Profit growth, 3 years (yearly) | 3.9% | 6.9% |
| 1-year return | -8.3% | -21.4% |
| Revenue, last 12 months | ₹1,38,052 cr | ₹1,89,336 cr |
| Net profit, last 12 months | ₹18,320 cr | ₹30,747 cr |
| Latest quarter | Sept 2026 | Mar 2025 |
| Quarter net profit | ₹5,132 cr | ₹7,033 cr |
| Quarter profit vs a year earlier | +21.2% | — |
| Promoter holding | 60.88% | 14.38% |
| Health check | Average (6.4/10) | Average (6/10) |
Common questions
Which has a higher P/E, HCL Technologies Limited or Infosys Limited?
HCL Technologies Limited trades at the higher P/E (21.1 against 15.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Infosys Limited (31.2% against 23.0%).
Which carries more debt?
Infosys Limited has the higher debt-to-equity ratio (0.1 against 0.07).