NSE:HCLTECH management interview: HCLTech Q4 Earnings: Management Commentary, Hiring Plans And AI-led Growth In Focus
Business Today, 2026-04-21. Video: https://www.youtube.com/watch?v=bm_oINTNdbQ
- FY27 Growth Guidance: HCLTech guided constant-currency revenue growth of 1% to 4% (1.5% to 4.5% for services) and an EBIT margin of 17.5% to 18.5%. The wider guidance band accounts for ongoing macroeconomic volatility, delayed software procurement, and a 50-basis-point headwind from spending scale-backs by two American clients.
- FY26 Financial Performance: Consolidated revenue reached $14.7 billion for FY26, representing 3% constant-currency growth, while the services segment expanded by 4.8%. Full-year operating margin came in at 17.2% (17.9% excluding restructuring), supported by $9.3 billion in net new deal bookings and a total dividend payout of ₹60 per share.
- Advanced AI Expansion: Advanced AI annualized revenue reached $620 million, with management expecting 25% to 30% annual growth in this segment to help offset an estimated 2% to 3% yearly deflation in legacy service revenue. Recent wins include an AI factory program exceeding $100 million for a global technology major and ASIC development for a semiconductor firm.
- Workforce and Hiring: Total headcount increased by 1.7% annually to 227,181, with full-year fresher additions rising 50% year-on-year to 11,744, while voluntary IT services attrition improved to 12.5%. The company is structuring talent into AI builders, AI super users, and context-aware decision makers while keeping entry-level hiring broad-based across tier-1 and tier-2 colleges.