MoneyWorks4Me

HCL Infosystems Ltd (HCL-INSYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500179 NSE: HCL-INSYS Trading | Small Cap | HCL Infosystems Share Price

₹10.09 -0.46 (-4.36%)

As on 28-Sep'26 16:59

HCL Infosystems Ltd (HCL-INSYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500179 NSE: HCL-INSYS Trading | Small Cap | HCL Infosystems Share Price

₹10.09 -0.46 (-4.36%)

As on 28-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹347 Cr.
Current Price
₹10.1
52-Week Low / High
₹9 / 16
TTM EPS
₹-1.4
TTM Sales
₹18.8 Cr.
Book Value per Share
₹-9.5
P/E Ratio
0.00
Industry PE
39.4
Price to Book (P/B)
-1.11
Higher than its 5-year historical median
Price to Sales (P/S)
18.52
Lower than its 5-year historical median
EV/EBITDA
-15.50
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
-54.82%
Underperforms industry median
Return on Assets (ROA)
-7.54%
Operating Profit Margin
-295%
Net Profit Margin
-152.32%
Gross Profit Margin
-143.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-74.34%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
62.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-379 Cr.
Equity
₹65.8 Cr.
Face Value
₹2
All Time Low / High
₹3.20 / 297.74

HCL Infosystems stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is HCL Infosystems Ltd a good quality company?
HCL Infosystems Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does HCL Infosystems Ltd performance compare with that of its Peers?
Q.1 Revenue growth of HCL Infosystems Ltd vs industry peers?
HCL Infosystems Ltd revenue CAGR is -42.79%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of HCL Infosystems Ltd?
Promoters hold 62.89% of the HCL Infosystems Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of HCL Infosystems Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -13.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HCL Infosystems Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ-17.6%-34.7%-7.3%-21.5%-41.8%15.7%-24.7%-16.3%-29.5%-59.7%-
Value Creation
Index ⓘ
-2.3-3.5-1.5NANANANANANANA-

Growth Parameters ⓘ

Sales ⓘ2,2652,9503,5811,6482179.26.14.83.40.90
Sales YoY Gr.-30.2%21.4%-54%-86.8%-95.8%-33.8%-21.9%-28.6%-74.3%-
Adj EPS ⓘ-16.3-19.3-6.4-10-6.1-1.6-0.9-0.4-0.5-0.4-1.4
YoY Gr.-NANANANANANANANANA-
BVPS (₹) ⓘ27.714.88.5-1.2-7.4-6.6-7.8-8.2-8.9-9.1-9.6
Adj Net
Profit ⓘ
-365-635-211-330-201-53.1-28.5-13.2-17-14.5-46
Cash Flow from Ops. ⓘ-173-25313550.3-13241.2-29.6-8.1-14.2-11.5-
Debt/CF from Ops. ⓘ-4.6-4.16.19.6-4.110-12-43.9-25-29-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-58.3%-66.9%-47.7%-74.3%
Adj EPS ⓘNANANANA
BVPSⓘ-188.4%NANANA
Share Price -14.1% -6.2% -15.6% -31.5%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
-45.5-114.5-55.2-276.41412312.1564.914.9
Op. Profit
Mgn % ⓘ
0.4-0.2-0.4-5.3-38.1-514.3-571.9-514.1-1315.3-2492.4-1733.3
Net Profit
Mgn % ⓘ
-16.1-21.5-5.9-20-92.3-577.5-469.1-277.4-502.3-1666.4-9533.1
Debt to
Equity ⓘ
1.32.12.9-12.2-2.2-1.9-1.4-1.3-1.2-1.1-
Working Cap
Days ⓘ
22518817425096412,37615,03515,29817,45768,73623,198
Cash Conv.
Cycle ⓘ
15277-19-123-474-666-505-635-1,020-1,72,778

Valuation of HCL Infosystems - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3,2253,5654,3922,0793536931322522
Operating Expenses ⓘ + 3,4583,7824,4752,27860117010310111185
Manufacturing Costs1531395230128392115820
Material Costs2,8103,2183,5941,627206100000
Employee Cost 326276314215802720202115
Other Costs ⓘ 3072581722071869361668250
Operating Profit ⓘ -233-218-82-199-248-100-71-69-87-64
Operating Profit Margin (%) -7.2%-6.1%-1.9%-9.6%-70.4%-144.0%-227.0%-214.0%-352.0%-295.0%
Other Income ⓘ + 146131103801134223436138
Exceptional Items ⓘ -11-44310164010214126-2
Interest ⓘ 1631511359956164215
Depreciation ⓘ 31272218411100
Profit Before Tax ⓘ -293-709-127-73-19526-39-16-21-33
Tax ⓘ -45105864210000
Profit After Tax -248-814-135-136-19725-39-16-21-33
PAT Margin (%) -7.7%-22.8%-3.1%-6.6%-55.8%35.3%-123.0%-49.3%-85.8%-152.0%
Adjusted EPS (₹)-11.0-24.7-4.1-4.1-6.00.7-1.2-0.5-0.6-1.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 549235104-42-240-215-253-269-291-297
Share Capital ⓘ 44.5865.8465.8465.8465.8465.8465.8465.8465.8465.84
Reserves ⓘ 50517038-108-306-281-319-335-357-362
Debt +990995597459474369355355355333
Long Term Debt413169992359140000
Short Term Debt577825498436415355355355355333
Minority Interest0000000000
Trade Payables7378396793471337555595749
Others Liabilities ⓘ 795806612331331311397311312355
Total Liabilities ⓘ 3,0712,8751,9931,095698540554456433440

Fixed Assets

Net Fixed Assets ⓘ +638165142553643322
Gross Block8377197147856139988
Accumulated Depreciation199554572232196776
CWIP ⓘ 5200000000
Investments ⓘ 1211220009744263629
Inventories1412999628310000
Trade Receivables1,2931,290569194872825181716
Cash Equivalents flag ⓘ 193133240784467181132165185
Others Assets ⓘ 680864947740528344301276213208
Total Assets ⓘ 3,0712,8751,9931,095698540554456433440
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 77-35144162-1510174-36-28-0
PBT ⓘ -293-709-127-73-19526-39-16-21-33
Adjustment ⓘ 201599132-862-82-15-34-23-15
Changes in Working Capital ⓘ 225-196426152801011164846
Tax Paid ⓘ -56-4510-9385711982
Cash Flow From Investing Activity ⓘ + -392113932021-1531230
Capex -12-22-929314033-06-0
Net Investments -10429-112915-137-56177-11
Others ⓘ 11385222353187141012
Cash Flow From Financing Activity ⓘ + -135235-477-490-22-139-62-0-0-0
Net Proceeds from Shares ⓘ 049500000000
Net Proceeds from Borrowing ⓘ 00-354-39400-5900-355
Interest Paid ⓘ -191-175-123-94-53-15-3-0-0-0
Dividend Paid ⓘ -1-100000000
Others ⓘ 57-85-1-231-123000355
Net Cash Flow ⓘ -61-24-25-35-16-17-4-6-50
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-36.6-207.39-79.65N/AN/AN/AN/AN/AN/AN/A
ROCE (%)-6.51-33.060.66N/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.911.21.81.350.390.110.060.060.060.05
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A4.04N/AN/AN/AN/A
Working Capital Days
Receivable Days160.90132.2077.3067145.30301308.30249260.20276.90
Inventory Days20.1022.5016.4010.8015.908.805.204.304.904.70
Payable Days89.1089.4075.30108.20389.603,3750000

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HCL Infosystems Ltd FAQs

The current trading price of HCL Infosystems on 28-Sep-2026 16:59 is ₹10.09.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Sep-2026 the market cap of HCL Infosystems stood at ₹347.3 Cr

The latest P/E ratio of HCL Infosystems as of 27-Sep-2026 is 0.00.

The latest P/B ratio of HCL Infosystems as of 27-Sep-2026 is -1.10.

The 52-week high of HCL Infosystems is ₹16.48 and the 52-week low is ₹9.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HCL Infosystems is ₹0.48 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that HCL Infosystems Ltd is a below average quality company.

The key valuation ratios of HCL Infosystems Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of HCL Infosystems Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About HCL Infosystems Ltd

HCL Infosystems (HCLI) is one of the leading ICT system integrator and distribution company.  It originated in 1976, It developed the first indigenous micro-computer at the same time as Apple and 3 years before IBM's PC – in 1978. This micro-computer virtually gave birth to the Indian computer industry.  HCL's in-depth knowledge of Unix led to the development of a fine grained multi-processor Unix in 1988, three years ahead of Sun and HP.

Today, HCL sells more PCs in India than any other brand, runs Northern Ireland's largest BPO operation, and manages the network for Asia's largest stock exchange network apart from designing zero visibility landing systems to land the world's most popular airplane. And this it does across 23 countries and across 360 service locations in India.

HCLI has wide range of products and services such as IT products, solutions and related services, which include PCs, servers, imaging, voice and video solutions, networking products, TV and FM broadcasting solutions, communication solutions, system integration, ICT education and training, digital lifestyle solutions and peripherals.

The company has strategic alliance with leading companies like Intel, AMD, Microsoft, Bull, Toshiba, Nokia, Sun Microsystems, Ericsson, NVIDIA, SAP, Scansoft, SCO, EMC, Veritas, Citrix, CISCO, Oracle, Computer Associates, RedHat, Infocus, Duplo, Samsung and Novell.

It has four hardware manufacturing facilities -- two in Pondicherry, one in Chennai and one in Uttaranchal.

Products

HCL Infosystems portfolio of products covers the entire spectrum of the information technology needs of its customers. By virtue of the immense diversity of markets and customers that it address, HCL Infosystems products offerings include everything from high end enterprise level servers for mission critical applications to multimedia home computers.

Computing products -HCLI manufactures wide range of computer such as home PCs, notebooks, business PCs, business workstations and servers.

Storage solutions - The company manufactures wide range of storage solutions such as standalone drivers, HBA cards, EMC storage solutions etc catering wide range of consumers.

Office Imaging and telecom solutions - It has partnered with the best in the industry like Toshiba, Infocus, Duplo, etc to provide imaging solutions like projectors, plasma, visual presenter and interactive presentation systems. It has partnered with major players for providing voice, videoconferencing, audio conferencing and broadcast solutions according to the business needs.

The company develops POS, kiosk and customer service counter products. HCLI offers a complete range of digital lifestyle products and solutions through its various distribution channels and vast warehousing and logistics operations.

Recognition2013

  • Bagged the prestigious Golden Peacock Eco Innovation Award 2013 for eNBA project during the 15th World Congress on Environment Management .HCL was honored for providing IT Solutions to National Board of Accreditation which resulted in eco innovation, cost saving and  transparency in the accreditation process.
  • Won eINDIA Public Sector Enterprises Award 2013  for the project eProcurement by Indian Railways.HCL was honored for automating the tendering process of Indian Railways  which reduced the procurement cycle time of material from  23 days to instantaneous.
  • Awarded PC Quest Best IT Implementations of the Year 2013 under the category  Project with Maximum Social Impact for  Financial Inclusion project  of  Bank of Baroda. The project  aims at providing easy access to affordable financial services to those who are deprived of it so far thereby  bringing the unbanked and under banked villages into the formal financial stream.
  • Awarded PC Quest Best IT Implementations of the Year 2013 under the category Best Education Project  (Silver) for eNBA. The project has brought complete transparency  and reduced  the accreditation process   time  from 1.5 years to 4 months for higher educational institutions seeking accreditation.
  • Bagged “Corporate - Best Government to Citizens (G2C) Initiative of the Year” award at the e-Maharashtra Summit 2013. HCL Infosystems was awarded the honor for implementing turnkey ICT solutions in design, supply, installation, automation, integration, and subsequent maintenance of India’s first state-of-the-art Border Check Post (BCP) project undertaken by the Maharashtra Government.
  • Bagged ‘Partner of the Year Award’ for the Asia Pacific & Japan region as part of CA Technologies Partner for Impact Awards, held at the Annual User Conference, CA World '13 in Las Vegas. HCL Infosystems was honored for its commitment and expertise in taking CA Technologies solutions portfolio to market, and its efforts in driving new contracts and business opportunities.
  • Bagged the prestigious Shiksha Ratan Award at the State Education Summit 2013 for Best Smart Class Service Provider for its flagship product DigiSchool.

2012

  • HCL My EduTab wins ‘Best Tablet Providers in Education’ Award at the World Education Awards 2012.
  • Bagged Mee Seva Award for Excellence in Delivery from the Government of Andhra Pradesh. HCL Infosystems was awarded the honor for its outstanding contribution in the successful implementation of Mee Seva, an integrated service delivery initiative.
  • Featured amoung the Top 10 Brands. Ranked over Sony, Apple, Lenovo, Acer and Toshiba in the Laptop category by Economic Times.
  • Bagged the “Winner Award” for driving “Asha Growth” at the Nokia IMEA Partner Conference in Berlin.
  • HCL Infosystems ranked No.1 for IT Services in DQ-CMR CSA 2012.

2010

  • HCL Infosystems wins Dun & Bradstreet Rolta Awards 2009
  • HCL Infosystems tops Employee Satisfaction Chart for the 6th Consecutive Year as per DQ Survey, 2010.
  • HCL Infosystems awarded CXO Award 2010 – The IT Chapter in the category of ‘Indian Hardware Brand of the Year’ by Bloomberg UTV.
  • HCL Infosystems won VAR India 2010 awards for top Distributor of the Year & Best Projector-DLP (in-Focus).

2011

  • HCL Infosystems awarded as a ‘Power Brand’ of India in the IT & Office Automation category.
  • HCL Infosystems awarded ‘Most Promising New Technology for Urban Applications’ at the Municipalika 2011.
  • HCL Infosystems tops IDC-DataQuest Customer Satisfaction Charts for 3rd consecutive year.
  • HCL Infosystems awarded Dun & Bradstreet Rolta Corporate Award under Computer Hardware and Peripherals Category.
  • HCL Infosystems – Dream Company of the year!!! The Organization bags No.1 position in DQ-Best Employer Survey 2011.
  • HCL Infosystems awarded with the CMMi (Capability Maturity Model integration) Maturity Level 5 certification for its Jaipur Development Centre.
  • First ever HCL flagship store launched in Delhi-NCR
  • Launches India’s first BEE-Star compliant laptop
  • Launches its new sleek Next-Gen ME Tablet, the X1
  • Rated No. 20 in the Great Place to Work Survey
  • Wins Skoch Digital Inclusion Award in the Technology in Service Delivery category for successful implementation of Kohlapur Municipal Corporation e-Governance Project.
  • No. 1 Employer of the Year’  by DQ-CMR Best Employer Survey – 2011.
  • Wins DDI’s ‘Grow your own Leaders’ award for overall management culture and effectiveness of the organization’s talent management system.
  • Bags the VARIndia 2011 award for ‘Best Projector DLP (Infocus)’, ‘Best PC Indian Brand’ and ‘No. 1 Distributor’.


The company’s manufacturing facilities have received various certifications such as ISO 9001:2000 and ISO 14001, ISO 13485:2003, TS 16949-2002 TUV.

It was awarded MAIT Level 2 - by European Foundation for Quality Management in the year 2001.




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