HCLTech ₹24 interim dividend: record date Apr 25, 2026

Stock closes higher after dividend update

Shares of HCL Technologies Ltd (HCLTech) ended at ₹1,441.55 on the BSE, up ₹13.20 or 0.92%. The move came after the IT services company announced an interim dividend and released its audited results for the quarter and year ended March 31, 2026. The dividend announcement sets clear timelines for record date and payment, which is typically watched closely by income-focused shareholders. The results also laid out Q4 FY26 operating metrics including margins, deal wins, and workforce indicators. Together, the updates provided a snapshot of both shareholder returns and underlying business trends.

Interim dividend declared for FY 2026-27

HCLTech’s Board of Directors declared an interim dividend of ₹24 per equity share. The dividend is on equity shares with a face value of ₹2 each, for the financial year 2026-27. The company fixed April 25, 2026 as the record date for determining shareholder eligibility. The interim dividend is scheduled to be paid on May 5, 2026. These dates matter for investors tracking entitlement, especially around the record date window.

Q4 FY26: Revenue rises in rupee terms

For Q4 FY26, HCLTech reported revenue of ₹33,981 crore. This was up 0.3% quarter-on-quarter (QoQ) and 12.3% year-on-year (YoY). In constant currency terms, revenue declined 3.3% QoQ but rose 2.4% YoY. The company also disclosed revenue in dollar terms: USD revenue stood at $1,682 million, down 2.9% QoQ and up 5.3% YoY. The mix of reported and constant currency growth highlights the role of currency movement in quarterly comparisons.

Segment performance: Services steady, software softer

On a constant currency basis, HCLTech Services revenue fell 0.1% QoQ but increased 4.2% YoY. In contrast, HCLSoftware’s constant currency revenue declined 14.1% YoY. HCLSoftware’s annual recurring revenue (ARR) was reported at $1,050 million, down 0.5% YoY in constant currency terms. The software metrics indicate pressure in that part of the portfolio compared with relatively steadier services performance.

Profitability: EBIT margin at 16.5%

Earnings before interest and tax (EBIT) for the quarter stood at ₹5,620 crore. EBIT was down 10.6% QoQ and up 3.3% YoY. The EBIT margin for the quarter was reported at 16.5%. Excluding restructuring, EBIT margin was 17.7%. These disclosures separate underlying operating performance from the impact of restructuring items.

Net income and margins for the quarter

Net income in Q4 FY26 came in at ₹4,488 crore. This was down 6.4% QoQ and up 4.2% YoY, with a net income margin of 13.2%. Excluding restructuring, net income margin stood at 14.2%. The company also separately reported Q4 net profit at ₹4,490 crore in its audited results disclosure for the quarter ended March 31, 2026. The reported figures underline the role of one-time items in quarter-on-quarter movement.

Capital efficiency and cash conversion indicators

HCLTech reported return on invested capital (ROIC) of 40.3%, up 235 bps YoY. Services ROIC was 47.0%, up 155 bps YoY. The free cash flow to net income ratio stood at 107% on a last twelve months (LTM) basis. These indicators are commonly tracked to assess capital efficiency and the quality of earnings in cash terms.

Deal wins, headcount and attrition

The company reported a total contract value (TCV) of $1,936 million in new deal wins for the quarter. Employee count stood at 227,181, with a net addition of 802 employees. This included 1,712 freshers. LTM attrition was 12.5%, compared with 13.0% in the year-ago period. The hiring and attrition data give context to delivery capacity and workforce stability.

Full-year FY26 audited performance

For the financial year ended March 31, 2026, HCLTech reported consolidated revenue from operations of ₹130,144 crore. This compared with ₹117,055 crore in the previous year. Consolidated profit for the year stood at ₹16,652 crore. The company said it maintained performance despite one-time impacts from new regulatory codes and pricing agreements. The audited annual numbers frame the quarterly results within the broader year’s trajectory.

What management said about demand

In the update, Vijayakumar, CEO and Managing Director of HCLTech, said the year saw fluctuating demand. He also pointed to weaker demand in certain areas, influenced by reduced discretionary spending and postponed decision-making. The comments add context to the constant currency movement and the quarter’s performance versus expectations.

Key numbers at a glance

Dividend history snapshots disclosed in the update

Takeaway for investors

The interim dividend of ₹24 per share sets a clear near-term cash return timeline, with April 25, 2026 as the record date and May 5, 2026 as the payment date. On operations, Q4 FY26 showed modest rupee revenue growth QoQ, while constant currency revenue declined QoQ. Profitability reflected a sequential decline in EBIT and net income, with the company providing margins both including and excluding restructuring. Investors will likely track upcoming disclosures on demand conditions and how bookings and margins evolve after the reported quarter.