HEXT
Hexaware Technologies Limited
Global IT services, consulting and business process services
Information Technology›Information Technology›IT - Software›Computers - Software & Consulting
hexaware.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Hexaware (Hexaware Technologies) provides IT services, consulting and BPS to large enterprise customers, with IT services at about 85% of its revenue and the Americas at about 74% (Q2 CY26, the quarter to June 2026).
Company snapshot
10thBy market cap
Ranked among 50 companies in Computers - Software & Consulting.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 29.1% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Banking | 8.8% | 278 Cr | 109 Cr | 0 Cr |
| Financial Services (FS) | 29.1% | 918 Cr | 284 Cr | 0 Cr |
| Healthcare & Insurance (H&I) | 21.1% | 665 Cr | 252 Cr | 0 Cr |
| Hi-Tech and Professional Services (HTPS) | 18.3% | 577 Cr | 235 Cr | 0 Cr |
| Manufacturing and Consumer (M & C) | 14.8% | 468 Cr | 161 Cr | 0 Cr |
| Travel and Transportation (T&T) | 7.9% | 249 Cr | 99 Cr | 0 Cr |
What we see
- ✓90% of operating profit came in as cash over the last three years — profits are backed by real cash.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 3,154 Cr | 3,208 Cr | 3,261 Cr | 3,484 Cr | 3,478 Cr | 3,613 Cr | 3,845 Cr |
| Operating expenses (approx.) | 2,664 Cr | 2,680 Cr | 2,856 Cr | 2,882 Cr | 3,100 Cr | 3,042 Cr | 3,240 Cr |
| EBITDA | 490 Cr | 528 Cr | 404 Cr | 601 Cr | 378 Cr | 571 Cr | 605 Cr |
| OPM % | 15.5% | 16.5% | 12.4% | 17.3% | 10.9% | 15.8% | 15.7% |
| Other income | 24 Cr | 4 Cr | 160 Cr | 10 Cr | 214 Cr | 22 Cr | -50 Cr |
| Interest | 21 Cr | 22 Cr | 21 Cr | 26 Cr | 31 Cr | 29 Cr | 33 Cr |
| Depreciation | 76 Cr | 74 Cr | 75 Cr | 89 Cr | 124 Cr | 91 Cr | 82 Cr |
| Profit before tax | 417 Cr | 436 Cr | 468 Cr | 497 Cr | 326 Cr | 473 Cr | 441 Cr |
| Tax % | 23.1% | 25.0% | 18.9% | 25.5% | 10.4% | 25.6% | 25.1% |
| Net profit | 321 Cr | 327 Cr | 380 Cr | 370 Cr | 292 Cr | 352 Cr | 330 Cr |
| EPS (₹) | ₹5.25 | ₹5.38 | ₹6.25 | ₹6.09 | ₹4.79 | ₹5.77 | ₹5.41 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM |
|---|---|---|---|---|---|---|
| Sales | 7,178 Cr | 9,200 Cr | 10,380 Cr | 11,974 Cr | 13,430 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 6,045 Cr | 7,978 Cr | 8,799 Cr | 10,144 Cr | 11,519 Cr | Sign in free for the trailing twelve months |
| EBITDA | 1,133 Cr | 1,222 Cr | 1,581 Cr | 1,830 Cr | 1,911 Cr | Sign in free for the trailing twelve months |
| OPM % | 15.8% | 13.3% | 15.2% | 15.3% | 14.2% | Sign in free for the trailing twelve months |
| Other income | 67 Cr | 179 Cr | 9 Cr | 75 Cr | 388 Cr | Sign in free for the trailing twelve months |
| Interest | 35 Cr | 34 Cr | 38 Cr | 66 Cr | 101 Cr | Sign in free for the trailing twelve months |
| Depreciation | 224 Cr | 244 Cr | 284 Cr | 279 Cr | 361 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 941 Cr | 1,123 Cr | 1,269 Cr | 1,560 Cr | 1,727 Cr | Sign in free for the trailing twelve months |
| Tax % | 20.4% | 21.3% | 21.4% | 24.8% | 20.8% | Sign in free for the trailing twelve months |
| Net profit | 749 Cr | 884 Cr | 998 Cr | 1,174 Cr | 1,368 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹12.43 | ₹14.65 | ₹16.45 | ₹19.37 | ₹22.51 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 45.3% | 51.1% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Equity capital | 60 Cr | 60 Cr | 61 Cr | 61 Cr | 61 Cr |
| Reserves | 3,728 Cr | 4,063 Cr | 4,575 Cr | 5,296 Cr | 6,255 Cr |
| Borrowings | — | 83 Cr | — | — | — |
| Other liabilities | 1,886 Cr | 2,308 Cr | 2,567 Cr | 3,640 Cr | 4,592 Cr |
| Total liabilities | 5,674 Cr | 6,514 Cr | 7,202 Cr | 8,995 Cr | 10,905 Cr |
| Fixed assets (net) | 599 Cr | 599 Cr | 526 Cr | 1,036 Cr | 1,291 Cr |
| CWIP | 12 Cr | 6 Cr | 55 Cr | 131 Cr | 51 Cr |
| Investments | 123 Cr | 0.30 Cr | 251 Cr | 0.40 Cr | 145 Cr |
| Trade receivables | 1,367 Cr | 1,882 Cr | 1,846 Cr | 1,976 Cr | 2,056 Cr |
| Cash & bank | 1,179 Cr | 1,292 Cr | 1,773 Cr | 1,977 Cr | 1,971 Cr |
| Other assets | 2,394 Cr | 2,735 Cr | 2,751 Cr | 3,875 Cr | 5,392 Cr |
| Total assets | 5,674 Cr | 6,514 Cr | 7,202 Cr | 8,995 Cr | 10,905 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash from operating activity | 980 Cr | 821 Cr | 1,516 Cr | 1,548 Cr | 1,739 Cr |
| Cash from investing | -225 Cr | -15 Cr | -300 Cr | -669 Cr | -996 Cr |
| Cash from financing | -602 Cr | -721 Cr | -750 Cr | -682 Cr | -831 Cr |
| Net cash flow | 153 Cr | 84 Cr | 466 Cr | 203 Cr | -6 Cr |
| Free cash flow (OCF − Capex) | 871 Cr | 701 Cr | 1,451 Cr | 1,415 Cr | 1,572 Cr |
Ratios
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| ROCE % | 25.8% | 27.5% | 28.2% | 30.4% | 28.9% |
| ROE % | 19.8% | 21.4% | 21.5% | 22.0% | 21.7% |
| Debtor days | 69 | 74 | 65 | 60 | 56 |
| Inventory days | — | — | — | 0 | 0 |
| Days payable | 20 | 21 | 23 | 28 | 27 |
| Cash conversion cycle | 50 | 53 | 42 | 32 | 28 |
| OCF / EBITDA % | 86.5% | 67.2% | 95.9% | 84.6% | 91.0% |
| OCF / EBITDA % (3 years) | — | — | 84.3% | 83.8% | 90.2% |
| Debt / equity | — | 0.02 | — | — | — |
| Current ratio | 2.02 | 1.77 | 1.95 | 1.58 | 1.44 |
| Net debt / EBITDA | -1.04 | -0.99 | -1.12 | -1.08 | -1.03 |