HCL Technologies Limited (HCLTECH) — Net Asset Quality Index
HCL Technologies Limited (HCLTECH) has a Net Asset Quality Index of 64.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs1.16 Trillion minus total liabilities of Rs410.61 Billion yields net assets of Rs751.97 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of HCL Technologies Limited to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
HCL Technologies Limited Net Asset Quality Index Over Time (2004–2026)
This chart shows how HCL Technologies Limited's Net Asset Quality Index has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the index stands at 64.7%, representing net assets of Rs751.97 Billion against total assets of Rs1.16 Trillion INR. Explore cash flow conversion of HCL Technologies Limited to assess how effectively this company generates cash.
Annual Net Asset Quality Index for HCL Technologies Limited (2004–2026)
The table below presents the year-by-year Net Asset Quality Index for HCL Technologies Limited from 2004 to 2026, covering 23 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of HCL Technologies Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 64.7% | Rs751.97 Billion | Rs1.16 Trillion | Rs410.61 Billion | ▼ -1.3 pp |
| 2025 | 66.0% | Rs696.27 Billion | Rs1.05 Trillion | Rs358.64 Billion | ▼ -2.4 pp |
| 2024 | 68.4% | Rs682.10 Billion | Rs997.15 Billion | Rs315.05 Billion | ▼ -1.6 pp |
| 2023 | 70.0% | Rs654.07 Billion | Rs934.11 Billion | Rs280.04 Billion | ▲ +0.4 pp |
| 2022 | 69.6% | Rs621.37 Billion | Rs892.26 Billion | Rs270.89 Billion | ▼ -0.1 pp |
| 2021 | 69.7% | Rs601.69 Billion | Rs863.15 Billion | Rs261.46 Billion | ▲ +7.0 pp |
| 2020 | 62.7% | Rs520.56 Billion | Rs829.65 Billion | Rs309.09 Billion | ▼ -8.9 pp |
| 2019 | 71.7% | Rs423.94 Billion | Rs591.33 Billion | Rs167.38 Billion | ▼ -4.3 pp |
| 2018 | 76.0% | Rs367.44 Billion | Rs483.38 Billion | Rs115.94 Billion | ▲ +3.4 pp |
| 2017 | 72.7% | Rs334.55 Billion | Rs460.44 Billion | Rs125.89 Billion | ▲ +2.0 pp |
| 2016 | 70.7% | Rs280.29 Billion | Rs396.70 Billion | Rs116.41 Billion | ▲ +1.3 pp |
| 2015 | 69.3% | Rs247.51 Billion | Rs357.10 Billion | Rs109.59 Billion | ▲ +3.4 pp |
| 2014 | 65.9% | Rs200.51 Billion | Rs304.44 Billion | Rs103.93 Billion | ▲ +3.8 pp |
| 2013 | 62.0% | Rs8.58 Trillion | Rs13.83 Trillion | Rs5.25 Trillion | ▲ +8.4 pp |
| 2012 | 53.7% | Rs98.39 Billion | Rs183.38 Billion | Rs84.99 Billion | ▼ -1.4 pp |
| 2011 | 55.1% | Rs76.57 Billion | Rs139.01 Billion | Rs62.44 Billion | ▲ +5.2 pp |
| 2010 | 49.9% | Rs62.93 Billion | Rs126.03 Billion | Rs63.10 Billion | ▲ +7.9 pp |
| 2009 | 42.0% | Rs49.46 Billion | Rs117.63 Billion | Rs68.18 Billion | ▼ -19.5 pp |
| 2008 | 61.5% | Rs41.88 Billion | Rs68.04 Billion | Rs26.16 Billion | ▼ -15.2 pp |
| 2007 | 76.7% | Rs40.84 Billion | Rs53.21 Billion | Rs12.37 Billion | ▲ +0.7 pp |
| 2006 | 76.0% | Rs31.15 Billion | Rs40.96 Billion | Rs9.82 Billion | ▼ -3.8 pp |
| 2005 | 79.9% | Rs34.54 Billion | Rs43.25 Billion | Rs8.71 Billion | ▼ -0.8 pp |
| 2004 | 80.7% | Rs30.60 Billion | Rs37.91 Billion | Rs7.32 Billion | — |