HCLTech lifts fiscal 2027 growth floor and declares INR 12 dividend per HCLTech stock

Published on 10/16/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached INR 35,620 crore, up 11.5 percent year over year. HCLTech stock was INR 1,369.90 on October 16, 2026.

Dividend and growth outlook

The board declared an interim dividend of INR 12 per share on October 12, 2026.
Fiscal 2027 constant-currency revenue growth guidance is 2.5 to 4.0 percent.
HCLTech stock was last at INR 1,369.90 at 1:38 p.m. IST on NSE on October 16, 2026.

HCL Tech, INE860A01027, Illustration mit AI erstellt.

HCLTech (ISIN INE860A01027) lifted its fiscal 2027 constant-currency revenue growth guidance to 2.5 percent to 4.0 percent and declared an INR 12 dividend per HCLTech stock on October 12, 2026. The announcement followed second-quarter revenue of INR 35,620 crore, up 11.5 percent year over year, according to HCLTech.

Second-quarter results reset growth

Net income rose 21.2 percent year over year to INR 5,132 crore in the quarter ended September 30, 2026, while EBIT margin expanded 131 basis points quarter over quarter to 18.2 percent. New deal bookings reached USD 3.3 billion, up 27 percent year over year, giving the company a larger order base even as its guidance remains measured.

What supports the guidance?

Advanced AI revenue grew 78.0 percent year over year in constant currency to USD 219 million, while the company kept fiscal 2027 EBIT margin guidance at 17.5 percent to 18.5 percent. The margin includes restructuring costs, a factor that keeps profitability central to the investment case. Business Standard reported on October 13 that Axis Securities assigned a target of INR 1,360, while Nomura Research raised its target to INR 1,330; the same report said JPMorgan Research remained underweight because slower organic growth could challenge the valuation.

Three milestones since September

On September 22, 2026, HCLTech announced an AI-led transformation project spanning more than 200 locations; on October 8, it introduced 20 Industry AI Solutions; and on October 12, it reported USD 3.3 billion in new bookings. These milestones show the company is pairing AI expansion with larger enterprise engagements, rather than relying on a single product launch.

Next dated payment event

The next dated item is the INR 12 dividend payment on October 26, 2026, after the October 16, 2026 record date, as reported by NDTV Profit.

Stock context for investors

HCLTech stock was last at INR 1,369.90 on the NSE on October 16, 2026 at 1:38 p.m. IST. The quote stood within its INR 1,030.00 to INR 1,780.10 52-week range, while market capitalization was INR 3.7 trillion. The next market question is whether advanced AI growth can offset the slower organic expansion highlighted by JPMorgan Research.