Comparison · NSE · data 2026-10-31
HCL Technologies Limited vs Wipro Limited
In plain words
Size: HCL Technologies Limited is about 2 times the market value of Wipro Limited.
Valuation (P/E): HCL Technologies Limited 21.1 vs Wipro Limited 15.6.
Return on equity: HCL Technologies Limited 23% vs Wipro Limited 15.4%.
Profit growth over 3 years: Wipro Limited 5.2% a year vs HCL Technologies Limited 3.9% a year.
Debt to equity: Wipro Limited 0.23 vs HCL Technologies Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HCLTECH | WIPRO | |
|---|---|---|
| Price | ₹1,428.1 | ₹198.31 |
| Market cap | ₹3,87,511 cr | ₹1,95,932 cr |
| P/E | 21.1 | 15.6 |
| P/B | 5.1 | 2.5 |
| ROE | 23.0% | 15.4% |
| ROCE | 28.0% | 14.9% |
| Debt / equity | 0.07 | 0.23 |
| Operating margin | 17.5% | 16.1% |
| Dividend yield | 4.20% | 4.04% |
| Sales growth, 3 years (yearly) | 8.7% | 0.8% |
| Profit growth, 3 years (yearly) | 3.9% | 5.2% |
| 1-year return | -8.3% | -18.4% |
| Revenue, last 12 months | ₹1,38,052 cr | ₹97,023 cr |
| Net profit, last 12 months | ₹18,320 cr | ₹13,173 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹5,132 cr | ₹3,201 cr |
| Quarter profit vs a year earlier | +21.2% | -1.4% |
| Promoter holding | 60.88% | 72.58% |
| Health check | Average (6.4/10) | Average (5.3/10) |
Common questions
Which has a higher P/E, HCL Technologies Limited or Wipro Limited?
HCL Technologies Limited trades at the higher P/E (21.1 against 15.6). 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?
HCL Technologies Limited (23.0% against 15.4%).
Which carries more debt?
Wipro Limited has the higher debt-to-equity ratio (0.23 against 0.07).