HCL Technologies — Company Profile

Publisher:
Published Date: 03 Mar 2025
Pages: 15

HCL Technologies

1. Overview & Origins

HCL Technologies Limited (HCLTech) is an Indian multinational IT services and consulting provider headquartered in Noida, Uttar Pradesh.
Founded in 1976 by Shiv Nadar, it spun off as a separate software services entity in 1991. ([Wikipedia][1], [HCL][3])
It is publicly traded on NSE (HCLTECH) and BSE (532281), and is a constituent of major Indian indices. ([Wikipedia][1])

2. Leadership & Workforce

Chairperson: Roshni Nadar Malhotra, the first woman to lead a listed Indian IT firm.
CEO & Managing Director: C Vijayakumar (in position since 2016).
Employees: Over 227,000 people across 60+ countries, serving 161 nationalities.

3. Financial Snapshot

Revenue (Fiscal Year 2024–25): Approximately \$13.8 billion.
2024 revenue per Forbes: \~\$13.3 B.
2024 revenue per GlobalData: \~\$14.0 B (6.5% growth vs. 2023).
2023 figure per ORION Market Research: \~\$12.6 B.

4. Business Segments & Services

HCLTech divides its offerings into three core segments:

IT & Business Services (ITBS)
Engineering & R\&D Services (ERS)
HCLSoftware (formed post-acquisition of IBM's software arm)
Its solutions span:

Digital transformation, cloud, AI, infrastructure, cybersecurity, DRYiCE, IoT, application management, and engineering services.

5. Industries & Footprint

HCLTech caters to a broad set of industries:

Financial services, telecom, manufacturing, retail, healthcare, life sciences, energy & utilities, automotive, aerospace & defense, logistics, media, and more.
Operations span 60 countries, with over 200 delivery centers and 150+ innovation labs globally.

6. Strategic Growth & Acquisitions

The company has completed ~~25 acquisitions, including the notable purchase of IBM’s software products business (~~\$1.8 B in 2018).
Other acquisitions include Actian (data analytics) and cybersecurity firms.

7. Brand, Vision & Mission

Mission: “To be the employer and partner of choice,” underpinning values like “Employees First,” trust, transparency, and value-centricity.
Vision: Leverage technology for business excellence while nurturing societal and environmental responsibility.
Embracing a modern identity, HCLTech launched a refreshed brand with the tagline “Supercharging Progress”—reflecting its digital-first strategy and global ambition.