Bhaktavaschal Samal’s Post

HCL Technologies is a strong Indian IT company with a lot going for it. They have a solid financial position, a global presence, and expertise in areas like digital transformation and cloud computing which are in high demand. However, their recent stock price performance has been lagging and profit growth hasn't been as strong as revenue growth. It's a company to watch closely to see if they can reignite profit growth and keep their stock price moving up. #HCLTech #HCLTechnologies #ITServices #DigitalTransformation #CloudComputing #IndianIT #HCLCares #Diversityandinclusion #EmployeeEngagement #WorkLifeBalance #FutureofWork

In my existing role at Rubrik, I manage multiple GSI partners and HCL is one of them. I always keep a close eye on HCL's business initiatives & performance. Sharing some exciting updates from their business. HCLTech continues to make significant strides in the tech industry with several noteworthy developments: 1. Stellar Quarterly Performance: HCLTech delivered a strong performance in the quarter ending March 31, 2024, with revenue of $3.43 billion, up 6% YoY. The company won 21 large deals, with a total contract value of $2.29 billion. This growth is driven by strong momentum in both services and software businesses. 2. FY24 Financial Results: HCLTech reported FY24 revenue of $13.3 billion, marking a 5.4% year-over-year growth. Digital Services revenue grew by 5.3% and now contributes to 37.3% of IT Services revenue. This growth is attributed to the company’s focus on digital transformation and strategic investments in AI and cloud technologies. 3. Dividend Announcement: In April 2024, HCLTech announced an interim dividend of ₹18 per share, bringing the total to ₹52 per share for FY241. This move reflects the company’s robust financial health and commitment to returning value to its investors. 4. AI and Cloud Investments: HCLTech continues to invest in AI and cloud-native capabilities. The company has launched the Enterprise AI Foundry on Microsoft Azure, aiming to streamline and scale enterprise AI solutions. 5. Strategic Partnerships: HCLTech has formed strategic partnerships with Denodo and AWS to develop a clinical trials and diagnosis solution. Additionally, they have teamed up with IBM to establish a GenAI centre of excellence. 6. Global Delivery Centre: HCLTech opened a new global delivery centre in Patna, enhancing its global delivery capabilities. These achievements underscore HCLTech’s commitment to innovation, strategic growth, and delivering value to its clients and stakeholders. Stay tuned for more updates as HCLTech continues to lead in the tech space! #HCLTech #Innovation #Partnerships #BusinessGrowth

It was an extraordinary privilege to engage in a fireside chat with NR Narayana Murthy, the visionary founder of Infosys and an iconic figure in the Indian IT industry. Recognized as the "father of the Indian IT sector" by Time magazine and CNBC in 2007, his influence on India's outsourcing landscape has been profound. My association with NRN traces back to 2007 when he graciously accepted my invitation to join the Governing Board of the International School of Information Management (ISiM) at the University of Mysore. His support extended further as he inaugurated the school's new building on his birthday, August 20, 2008. What made this fireside chat with NRN truly remarkable was not only the honor but also the humbling experience it provided. His sincerity, seriousness, preparedness, and humility resonated deeply throughout our conversation. In this edition of InfoFire, we embark on a captivating journey through India's IT evolution, from its modest origins in the 1950s to its current position of global prominence. Key factors such as the economic liberalization policies of 1991, the establishment of Software Technology Parks (STPs), and the Y2K phenomenon have all contributed to the sector's remarkable growth. Join us as I explore an array of topics with NRN, gaining profound insights into: · The dynamic evolution of India's IT industry · Harnessing AI for societal good and its broader implications · NASSCOM’s AI Adoption Index and the future of AI in India · NRN's unique perspective on startups and his criteria for investment · The intersection of AI and healthcare, and its potential to bridge gaps · Navigating the challenges of AI, including the proliferation of disinformation · Addressing talent gaps and fostering innovation through education and research · The imperative of responsible AI and building trust within communities · Embracing a triple bottom line approach and championing justice and fairness as core principles. Join us in this enlightening conversation with NRN, where his wisdom and insights promise to inspire and provoke thought. #narayanamurthy #NRN #infosys #itleadership #indianinvestors #legends #ai #venturecapital https://lnkd.in/eCxc_QSR

𝐅𝐫𝐨𝐦 𝐅𝐥𝐨𝐩𝐩𝐲 𝐃𝐢𝐬𝐤𝐬 𝐭𝐨 𝐀𝐈: 𝐇𝐂𝐋'𝐬 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐓𝐞𝐜𝐡'𝐬 𝐄𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 🚀 Throwback to when flares were in, and floppy disks were all the rage! HCL Technologies burst onto the scene in 1976, riding India's first IT innovation wave. 🛠️ From a garage startup to a global powerhouse, the journey wasn’t just about upgrading from BASIC to AI but also facing mammoth challenges head-on: ✅ Navigating the Rapid Pace of Technological Change: Keeping up with the Kardashians is easy; keeping up with tech trends, not so much! ✅ Talent Acquisition & Retention: Finding and keeping tech wizards in a market where everyone is playing musical chairs with employees. ✅ Geopolitical Tensions & Market Dynamics: Because sometimes, global politics decides to crash the coding party. 🌟 Today, HCL stands tall in the IT sector, not just participating but leading with innovations that often set the stage for the next big trend. 📣 Current Valuation: HCL Technologies boasts a market capitalization of $47.03 Billion, solidifying its position as a global IT powerhouse. 📣 Employee Count: With over 224756 talented professionals across 60 countries, HCL continues to attract and retain top tech talent. 📣 Global Footprint: From digital transformation solutions to IT consulting, HCL's presence spans the globe, serving clients in diverse industries. 🔍 𝑺𝒐, 𝒘𝒉𝒂𝒕’𝒔 𝒏𝒆𝒙𝒕 𝒇𝒐𝒓 𝒕𝒉𝒊𝒔 𝒕𝒆𝒄𝒉 𝒕𝒊𝒕𝒂𝒏, 𝑯𝑪𝑳 𝑻𝒆𝒄𝒉𝒏𝒐𝒍𝒐𝒈𝒊𝒆𝒔?  𝑀𝑜𝑟𝑒 𝑑𝑖𝑠𝑟𝑢𝑝𝑡𝑖𝑜𝑛, 𝑚𝑜𝑟𝑒 𝑠𝑜𝑙𝑢𝑡𝑖𝑜𝑛𝑠, 𝑎𝑛𝑑 𝑚𝑎𝑦𝑏𝑒 𝑚𝑜𝑟𝑒 ‘𝑓𝑙𝑜𝑝𝑝𝑦’ 𝑐ℎ𝑎𝑙𝑙𝑒𝑛𝑔𝑒𝑠 𝑏𝑢𝑡 𝑜𝑛𝑒 𝑡ℎ𝑖𝑛𝑔’𝑠 𝑓𝑜𝑟 𝑠𝑢𝑟𝑒 - 𝑖𝑡’𝑠 𝑔𝑜𝑖𝑛𝑔 𝑡𝑜 𝑏𝑒 𝑎𝑛 𝑒𝑥𝑐𝑖𝑡𝑖𝑛𝑔 𝑟𝑖𝑑𝑒! #HCLTechnologies #TechTrends #InnovationLeaders #ThrowbackThursday #TechThrowback

As I settle into my new role at #HCLSoftware, one question comes up time and again: “Who is HCL Software, and what’s our vision for India’s technology-driven digital transformation?” There’s no one better suited to answer this than Kalyan Kumar (KK), our Chief Product Officer. KK explains: ➡ Who we are ➡ Our strategy ➡ Our priorities for the Indian market #HCLSoftware is the largest software company headquartered in India, serving 10K + clients across 130+ countries. Our vision is to empower Indian enterprises on their digital transformation journeys, driving innovation with a deep commitment to customer centricity and empathy. With over $6 billion invested in both organic and inorganic growth, and a steadfast "Make in India" commitment, we offer an unparalleled portfolio covering business applications, Total Experience, data, AI, and intelligent operations. We aim to be the transformative partner for leaders in Govt & PSUs, financial services, manufacturing, life sciences, healthcare, and global captives—helping them drive innovation, achieve scale, and shape India’s digital economy. HCLSoftware #MakeInIndia #DigitalTransformation #DigitalIndia #CX #data #AI

HCL Technologies: At Xtin Capital, we’ve analyzed the current performance of HCL Technologies, one of the global leaders in IT services. Here’s why it remains a strong player in the tech industry: #Fundamental_Analysis - Revenue Growth: HCL Technologies posted strong results with ₹28,057 crores in revenue for Q2 FY24, driven by increasing demand for cloud, AI, and cybersecurity solutions. The company's steady focus on digital transformation has been key to its sustained growth. - Profitability: With a P/E ratio of 29.06x, HCL's valuation highlights robust earnings and profitability. The company’s disciplined cost management and strategic acquisitions continue to support its earnings growth. - Strong Market Cap: HCL maintains a large market capitalization of ₹4.77 trillion, reinforcing its standing as a major player in the global IT space. #Technical_Analysis - Current Price: The stock is trading at ₹1,760.05, showing a bullish trend above its key moving averages. It has support around ₹1,720 and faces resistance near ₹1,800. A breakout past this resistance could push the stock higher. - Moving Averages: The stock is currently above its 50-day and 200-day moving averages, signaling continued bullish momentum. #Industry_Analysis - Growing IT Spending: With global IT budgets on the rise, particularly in cloud, AI, and cybersecurity, HCL’s CloudSMART portfolio is well-positioned to capture a significant share of this demand. - Talent Retention: HCL is addressing the ongoing industry-wide talent shortage by investing in skill development through programs like Career Shaper, which ensures its workforce is equipped to deliver high-demand services. #Overall_Outlook HCL Technologies is on a steady upward trajectory, benefiting from global digital transformation trends and consistent revenue growth. Its strategic investments in emerging technologies and talent development make it a key player in the IT sector. 🔴 Disclaimer:  This analysis is for informational purposes only and does not constitute investment advice. Always perform your own research or consult with a professional before making any investment decisions. Date:23-09-2024 HCLTech, HCL Enterprise, HCL Healthcare #XtinCapital #HCLTech #StockMarket #CloudComputing #AI #InvestSmart #ITGrowth

Tech Mahindra’s Q2 Net Profit Soars: Strategic Transformation Sparks Growth in Key Markets! Tech Mahindra has reported a stellar Q2 FY25 performance, with net profit surging thanks to its strategic transformation initiatives and focus on emerging markets. As the company doubles down on innovation and digital solutions, it is quickly becoming a global leader in the IT services space. Key Highlights: Profit Surge: Tech Mahindra recorded a significant increase in net profit this quarter, driven by robust performance in telecom, healthcare, and BFSI sectors. Strategic Moves: Recent acquisitions, digital transformation services, and an expanded focus on 5G technology have been instrumental in fueling this growth. Geographical Expansion: The company’s growth in North America and Europe has been particularly impressive, with strategic partnerships opening up new revenue streams. Why This Matters: Telecom Leadership: Tech Mahindra continues to lead the 5G revolution, helping clients across the globe transition to next-gen telecom networks. Digital Transformation Focus: By providing cutting-edge AI, automation, and cloud solutions, the company is enabling businesses to thrive in the digital age. Sustainability & Innovation: Tech Mahindra is investing in sustainable technologies and innovative business models, securing its place as a forward-thinking leader in the IT industry. Investor Outlook: With strategic acquisitions, increasing global footprint, and a focus on future technologies, Tech Mahindra is well-positioned for continued growth. The Q2 surge is just the beginning as the company scales up operations in key sectors. https://lnkd.in/egpXFzS6 #TechMahindra #DigitalTransformation #5G #Telecom #ITServices #Q2Results #Innovation #GrowthStrategy #TechIndustry #Youtubeshorts #Shorts #Facebook #Linkedln Do you think Tech Mahindra’s focus on 5G and digital solutions will propel it to even greater heights? Share your views in the comments!

While Tech Mahindra has defined focus markets, dependence on #telecom for as much as 36% of revenue makes it vulnerable. In order to reduce concentration risk, it is looking to broad-base growth by focusing on segments such as #BFSI, which accounts for 16% of revenue compared to 29% at Infosys and 31% at TCS. Manufacturing brings in about 18% and retail, transport & logistics 8%. #ITServices #ITConsulting

HCLSoftware announced the appointment of Vikrant Chowdhary as Senior Vice-President and Country Head for India. In this role, Chowdhary will lead HCLSoftware’s India region business for growth and innovation across India’s critical sectors, including Enterprise, BFSI, and Government segments. Chowdary will play a key role in leading HCLSoftware’s Make in India commitment of being the largest India-based global enterprise software products company. India represents a key growth market for HCLSoftware’s global expansion, and the company is investing heavily in strengthening its regional presence to meet the evolving needs of customers in these critical sectors. As India accelerates its digital transformation for Viksit Bharat across industries, HCLSoftware is uniquely positioned to support the country’s rapidly expanding digital and AI infrastructure across industry sectors. Read more: https://lnkd.in/gwaWw23s #IndiaTechnologyNews #HCLSoftware #LeadershipAppointment #VikrantChowdhary #CountryHeadIndia #SeniorVicePresident #HCLIndia #BusinessLeadership #CorporateNews #IndiaTechLeadership

HCLTech Q2 FY25 Earnings Update HCLTech has once again delivered solid performance in Q2 FY25, surpassing Street expectations with a net profit of ₹4,235 crore, up 11% year-on-year. Revenue for the July-September 2025 period rose to ₹28,862 crore, an increase of 8.2% YoY. Revenue Growth: 1.6% QoQ in constant currency terms EBIT Margin: Strong at 18.6%, improving by 149 basis points sequentially Net New Deal Wins: $2.21 billion, up from $1.96 billion in Q1 Interim Dividend: Another ₹12/share declared, taking total FY25 interim dividend to ₹42/share HCL Software continues to shine with 9.4% YoY growth, and strong performances across verticals and geographies. The pipeline looks promising, with growing momentum in Data & AI, Digital Engineering, SAP migration, and GenAI solutions like AI Force and AI Foundry. HCLTech has also raised its FY25 revenue growth guidance in constant currency to 3.5-5% and retained its EBIT margin outlook at 18-19%. Great to see the digital economy evolution through HCLTech's cutting-edge offerings! 👏 #HCLTech #Q2FY25 #Earnings #ITIndustry #DigitalTransformation #GenAI #AI #RevenueGrowth #TechInnovation