HCL Technologies Limited (HCLTECH) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.084x

Based on the latest financial reports, HCL Technologies Limited (HCLTECH) has a cash flow conversion efficiency ratio of 0.084x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs60.23 Billion ≈ $651.37 Million USD) by net assets (Rs712.90 Billion ≈ $7.71 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HCLTECH net asset quality score to measure how much of total assets are equity-financed.

HCL Technologies Limited - Cash Flow Conversion Efficiency Trend (2004–2026)

This chart illustrates how HCL Technologies Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HCLTECH operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

HCL Technologies Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of HCL Technologies Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
LEGRAND UNSP.ARD 1/5 EO 4 F:LRC0	0.033x
Commerzbank AG XETRA:CBK	-0.209x
CITIC LTD. ADR/5 HD-40 F:CPF0	N/A
Take-Two Interactive Software Inc NASDAQ:TTWO	0.067x
Garmin Ltd F:GEY	0.058x
Prudential plc MX:PUKN	0.030x
Nokia Corp ADR NYSE:NOK	0.018x
Interactive Brokers Group Inc NASDAQ:IBKR	0.170x

Annual Cash Flow Conversion Efficiency for HCL Technologies Limited (2004–2026)

The table below shows the annual cash flow conversion efficiency of HCL Technologies Limited from 2004 to 2026. For the full company profile with market capitalisation and key ratios, see HCLTECH market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs751.97 Billion ≈ $8.13 Billion	Rs213.59 Billion ≈ $2.31 Billion	0.284x	-11.16%
2025-03-31	Rs696.27 Billion ≈ $7.53 Billion	Rs222.61 Billion ≈ $2.41 Billion	0.320x	-2.85%
2024-03-31	Rs682.10 Billion ≈ $7.38 Billion	Rs224.48 Billion ≈ $2.43 Billion	0.329x	+19.53%
2023-03-31	Rs654.07 Billion ≈ $7.07 Billion	Rs180.09 Billion ≈ $1.95 Billion	0.275x	+7576.39%
2022-03-31	Rs621.37 Billion ≈ $6.72 Billion	Rs2.23 Billion ≈ $24.10 Million	0.004x	-19.20%
2021-03-31	Rs601.69 Billion ≈ $6.51 Billion	Rs2.67 Billion ≈ $28.89 Million	0.004x	+30.46%
2020-03-31	Rs520.56 Billion ≈ $5.63 Billion	Rs1.77 Billion ≈ $19.16 Million	0.003x	-98.39%
2019-03-31	Rs423.94 Billion ≈ $4.58 Billion	Rs89.71 Billion ≈ $970.18 Million	0.212x	-6.64%
2018-03-31	Rs367.44 Billion ≈ $3.97 Billion	Rs83.28 Billion ≈ $900.64 Million	0.227x	-15.70%
2017-03-31	Rs334.55 Billion ≈ $3.62 Billion	Rs89.95 Billion ≈ $972.78 Million	0.269x	+68.97%
2016-03-31	Rs280.29 Billion ≈ $3.03 Billion	Rs44.60 Billion ≈ $482.34 Million	0.159x	-28.90%
2015-03-31	Rs247.51 Billion ≈ $2.68 Billion	Rs55.39 Billion ≈ $599.04 Million	0.224x	-30.50%
2014-03-31	Rs200.51 Billion ≈ $2.17 Billion	Rs64.57 Billion ≈ $698.28 Million	0.322x	+6048.18%
2013-03-31	Rs8.58 Trillion ≈ $92.74 Billion	Rs44.92 Billion ≈ $485.75 Million	0.005x	-97.98%
2012-03-31	Rs98.39 Billion ≈ $1.06 Billion	Rs25.53 Billion ≈ $276.14 Million	0.260x	+12.71%
2011-03-31	Rs76.57 Billion ≈ $828.04 Million	Rs17.63 Billion ≈ $190.65 Million	0.230x	-19.11%
2010-03-31	Rs62.93 Billion ≈ $680.51 Million	Rs17.91 Billion ≈ $193.71 Million	0.285x	+25.95%
2009-03-31	Rs49.46 Billion ≈ $534.87 Million	Rs11.18 Billion ≈ $120.88 Million	0.226x	-29.86%
2008-03-31	Rs41.88 Billion ≈ $452.87 Million	Rs13.49 Billion ≈ $145.92 Million	0.322x	+21.85%
2007-03-31	Rs40.84 Billion ≈ $441.65 Million	Rs10.80 Billion ≈ $116.78 Million	0.264x	+9.25%
2006-03-31	Rs31.15 Billion ≈ $336.85 Million	Rs7.54 Billion ≈ $81.53 Million	0.242x	+40.55%
2005-03-31	Rs34.54 Billion ≈ $373.56 Million	Rs5.95 Billion ≈ $64.33 Million	0.172x	+9.41%
2004-03-31	Rs30.60 Billion ≈ $330.88 Million	Rs4.82 Billion ≈ $52.07 Million	0.157x	--

About HCL Technologies Limited

NSE:HCLTECH India Information Technology Services

Market Cap

$39.41 Billion

Rs3.64 Trillion INR

Market Cap Rank

#682 Global

#12 in India

Share Price

Rs1346.90

Change (1 day)

-0.43%

52-Week Range

Rs1034.20 - Rs1729.60

All Time High

Rs1995.10