HCL Technologies vs LTM: share price, P/E, ROE and financials compared
HCL Technologies
LTM
HCL Technologies and LTM at a glance
HCL Technologies and LTM are both listed in Information Technology. HCL Technologies is the larger by market cap, at ₹3.9L Cr against ₹1.3L Cr for LTM (3.0 times as large). On valuation, HCL Technologies has the lower P/E (21.3× against 24.6×), while LTM has the lower price-to-book (4.97× against 5.20×). On returns and margins, HCL Technologies has the higher ROCE (27.2% against 25.4%), the higher ROE (24.6% against 21.0%) and the higher operating margin (20.8% against 17.9%). Over three years, LTM has faster 3-year profit growth (+4.4% against +3.9% a year). Neither carries much debt for its equity: debt-to-equity is 0.08× for HCL Technologies and 0.09× for LTM.
Key metrics, side by side
| Metric | HCL TechnologiesHCLTECH | LTMLTM |
|---|---|---|
| Price (₹) | 1,440.00 | 4,338.00 |
| Market cap (₹ Cr) | 3,89,754 | 1,28,620 |
| P/E | 21.3× (the lower figure, shaded) | 24.6× |
| P/B | 5.20× | 4.97× (the lower figure, shaded) |
| Dividend yield, trailing | 4.17% (the higher figure, shaded) | 1.80% |
| ROE | 24.6% (the higher figure, shaded) | 21.0% |
| ROCE | 27.2% (the higher figure, shaded) | 25.4% |
| Operating margin (OPM) | 20.8% (the higher figure, shaded) | 17.9% |
| Net margin (NPM) | 13.2% (the higher figure, shaded) | 11.5% |
| Sales CAGR 3Y | +8.7% | +8.4% |
| Profit CAGR 3Y | +3.9% | +4.4% (the higher figure, shaded) |
| Debt to equity | 0.08× | 0.09× |
| Interest cover | 26.4× | 41.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 18,320 | 5,227 |
| 1Y return | −6.4% (the higher figure, shaded) | −21.8% |
| Promoter holding | 60.88% | 69.01% |
HCL Technologies vs LTM: common questions
Which is bigger, HCL Technologies or LTM?
By market cap, HCL Technologies is bigger at ₹3.9L Cr, against ₹1.3L Cr for LTM (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹18,320 Cr for HCL Technologies and ₹5,227 Cr for LTM.
Which has a lower P/E ratio, HCL Technologies or LTM?
HCL Technologies trades at a P/E of 21.3× and LTM at 24.6×. HCL Technologies has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, HCL Technologies or LTM?
HCL Technologies reports a return on equity of 24.6% and LTM 21.0%. HCL Technologies has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, HCL Technologies or LTM?
Over the last three years: Sales grew +8.7% a year at HCL Technologies and +8.4% at LTM; profit grew +3.9% a year at HCL Technologies and +4.4% at LTM, so LTM grew profit faster. Past growth doesn’t predict future growth.