NSE ScannerComparison · NSE · data 2026-10-30
HCL Technologies Limited vs Tata Consultancy Services Limited
In plain words
Size: Tata Consultancy Services Limited is about 2.3 times the market value of HCL Technologies Limited.
Valuation (P/E): HCL Technologies Limited 21.1 vs Tata Consultancy Services Limited 17.6.
Return on equity: Tata Consultancy Services Limited 48.7% vs HCL Technologies Limited 23%.
Profit growth over 3 years: Tata Consultancy Services Limited 5.3% a year vs HCL Technologies Limited 3.9% a year.
Debt to equity: Tata Consultancy Services Limited 0.11 vs HCL Technologies Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HCLTECH | TCS | |
|---|---|---|
| Price | ₹1,428.1 | ₹2,502.6 |
| Market cap | ₹3,83,034 cr | ₹8,97,467 cr |
| P/E | 21.1 | 17.6 |
| P/B | 5.1 | 7.6 |
| ROE | 23.0% | 48.7% |
| ROCE | 28.0% | 58.6% |
| Debt / equity | 0.07 | 0.11 |
| Operating margin | 17.5% | 24.6% |
| Dividend yield | 4.25% | 2.62% |
| Sales growth, 3 years (yearly) | 8.7% | 5.8% |
| Profit growth, 3 years (yearly) | 3.9% | 5.3% |
| 1-year return | -8.3% | -17.9% |
| Revenue, last 12 months | ₹1,38,052 cr | ₹2,83,248 cr |
| Net profit, last 12 months | ₹18,320 cr | ₹51,608 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹5,132 cr | ₹13,884 cr |
| Quarter profit vs a year earlier | +21.2% | +15.0% |
| Promoter holding | 60.88% | 71.77% |
| Health check | Average (6.4/10) | Average (6.1/10) |
Common questions
Which has a higher P/E, HCL Technologies Limited or Tata Consultancy Services Limited?
HCL Technologies Limited trades at the higher P/E (21.1 against 17.6). 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?
Tata Consultancy Services Limited (48.7% against 23.0%).
Which carries more debt?
Tata Consultancy Services Limited has the higher debt-to-equity ratio (0.11 against 0.07).