Hexaware Technologies Limited

Hexaware Technologies Limited (HEXT) is a mid-cap Information Technology company valued at ₹35,622 crore operating in Computers - Software & Consulting on the NSE and BSE.

Recent price move

Hexaware Technologies Limited last traded at ₹582.2, modestly up 1.11% on the day.

Recent developments

On 2026-09-03, Hexaware Technologies shares fell nearly 4% after the CEO resigned, with Vivek Jetley set to take over as CEO from Srikrishna Ramakarthikeyan starting October 28, 2026. On 2026-08-13, the company expanded its partnership with upGrad. On 2026-06-29, the stock climbed 8% following an agreement to resell Claude, a product from Anthropic.

Financial performance

Hexaware Technologies Ltd's annual revenue rose 12.2% to ₹13,430 crore, while annual net profit increased 16.5% to ₹1,368 crore. The latest quarter saw revenue rise 17.9% to ₹3,845 crore, but net profit fell 13.1% to ₹330 crore compared to the same quarter a year earlier. The net profit margin improved by 0.4 percentage points to 10.2%, and return on equity remained at 24.9%.

Valuation multiples

The stock trades at 25.9 times earnings, a premium to the Information Technology median of 20.7, 5.03 times book value. It yields 1.7%.

Things to watch

The stock is 38.1% below its 52-week high. Foreign institutional holding fell by 1.01 percentage points in the latest quarter. The company's latest quarter net profit dropped 13.1% compared to the same quarter a year earlier. Promoter holding remains at 74.30%, but there is no recent change in promoter ownership.

Where it stands

Hexaware Technologies Ltd's annual revenue and net profit both grew, but the latest quarter's net profit declined. The stock is significantly below its 52-week high, and foreign institutional holdings decreased. The company's recent CEO change and positive developments in partnerships and deals highlight ongoing business activity, but the recent drop in net profit raises questions about short-term performance.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.