HCL-INSYS
HCL Infosystems financials
- Market cap
- ₹332 Cr
- Sector
- Information Technology
What HCL Infosystems Limited does
HCL Infosystems Limited has been in the IT business since 1986 and describes itself as an IT System Integration and Solutions company. It historically ran separate Consumer Distribution, Enterprise Distribution, System Integration & Solutions (SI&S), and Learning business units, but the Board decided in January 2020 to gradually scale down the loss-making Distribution businesses, and by FY25 the company reports as a single segment — IT support services. Its remaining operations centre on executing long-term system-integration/support contracts (including legacy power-sector projects and government work such as a UIDAI project extension) and collecting on annual-maintenance and support agreements, some of which run through 2031 via group entity HCL Infotech Limited.
Segments
- IT System Integration & Support Services
- System Integration & Solutions (SI&S)
- Enterprise IT Product Distribution
- Consumer IT Product Distribution
- Learning (HCL Learning Ltd)
- Employees (company + subsidiaries)
- 145 (down from 176 in FY24)
- Reporting segments
- 1 – IT Support Services (since FY25; previously 3: Hardware Products & Solutions, Distribution, Learning)
- Group legal entities (FY20 structure)
- HCL Infosystems Ltd + HCL Infotech Ltd + HCL Learning Ltd + HCL Investment Pte (Singapore) + Nurture Technologies FZE (Dubai)
- Overseas step-down subsidiaries
- 1 (after wind-up of Nurture Technologies FZE, Dubai, in FY25)
- Power-sector projects concluded
- 2 (FY25)
- Short-term project associates engaged
- 30+ (FY25, in addition to full-time staff)
Quarterly results
Q1 FY27: net profit down 325.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 0 | 0 −100% | 0 −100% | 0 −100% | 0 |
| EBITDA | -6 | -5 | -5 | -4 | -3 +50% | -7 −40% | -5 +0% | -3 +25% |
| Net profit | -8 | -5 | -4 | -4 | -6 +25% | -10 −100% | -13 −225% | -17 −325% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.9% 1Y
1Y: ₹15.72 on 10 Sept 2025 → ₹10.07. High ₹16.04 (12 Sept 2025), low ₹9.42 (30 Mar 2026).
Financials, as filed
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹31 Cr | ₹4 Cr | ₹4 Cr | ₹0 Cr |
| Operating profit | ₹-73 Cr | ₹-24 Cr | ₹-21 Cr | ₹-19 Cr |
| Operating margin | -235.3% | -600.0% | -525.0% | — |
| Interest | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹5 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-39 Cr | ₹-15 Cr | ₹-21 Cr | ₹-33 Cr |
| Net margin | -125.7% | -375.0% | -525.0% | — |
| Cash from operations | ₹-30 Cr | ₹-8 Cr | ₹-14 Cr | ₹-11 Cr |
| Free cash flow | ₹3 Cr | ₹-8 Cr | ₹-8 Cr | ₹-12 Cr |
| ROCE | -15.0% | -13.0% | -20.0% | -2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr |
| Reserves | ₹-311 Cr | ₹-283 Cr | ₹-321 Cr | ₹-337 Cr | ₹-366 Cr | ₹-365 Cr |
| Borrowings | ₹537 Cr | ₹414 Cr | ₹355 Cr | ₹355 Cr | ₹355 Cr | ₹333 Cr |
| Other liabilities | ₹79 Cr | ₹134 Cr | ₹153 Cr | ₹146 Cr | ₹370 Cr | ₹184 Cr |
| Total liabilities | ₹371 Cr | ₹331 Cr | ₹253 Cr | ₹230 Cr | ₹424 Cr | ₹218 Cr |
| Fixed assets | ₹35 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹79 Cr | ₹25 Cr | ₹24 Cr | ₹27 Cr | ₹19 Cr |
| Other assets | ₹336 Cr | ₹248 Cr | ₹225 Cr | ₹203 Cr | ₹396 Cr | ₹197 Cr |
| Total assets | ₹371 Cr | ₹331 Cr | ₹253 Cr | ₹230 Cr | ₹424 Cr | ₹218 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 1,88,393.
- Promoters
- 62.9%
- DIIs
- 0.0%
- Public
- 37.1%
Since Jun 2025
- FIIs −0.01 pp
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Dec '23: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Mar '24: Promoters 62.9%, Public 37.1%.Jun '24: Promoters 62.9%, Public 37.1%.Sep '24: Promoters 62.9%, Public 37.1%.Dec '24: Promoters 62.9%, FIIs 0.0%, DIIs 0.0%, Public 37.0%.Mar '25: Promoters 62.9%, DIIs 0.0%, Public 37.0%.Jun '25: Promoters 62.9%, FIIs 0.0%, DIIs 0.0%, Public 37.1%.Sep '25: Promoters 62.9%, FIIs 0.0%, DIIs 0.0%, Public 37.0%.Dec '25: Promoters 62.9%, FIIs 0.0%, DIIs 0.0%, Public 37.0%.Mar '26: Promoters 62.9%, DIIs 0.0%, Public 37.1%.Jun '26: Promoters 62.9%, DIIs 0.0%, Public 37.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Armaaan Malhotra newly disclosed 0.00% held
- Anantya Sakti Inc newly disclosed 0.00% held
- Jahaan Malhotra newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of HCL Infosystems Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Hcl Corporation Private Limited | 49.94% | unchanged |
| Vama Sundari Investments (Delhi) Private Limited | 12.94% | unchanged |
| Roshni Nadar Malhotra | 0.00% | unchanged |
| Shiv Nadar | 0.00% | unchanged |
| Kiran Nadar | 0.00% | unchanged |
| HCL Avitas Private Limited | 0.00% | unchanged |
| Shiv Nadar Foundation | 0.00% | unchanged |
| Buoyant Infra - Developers Pvt Limited | 0.00% | unchanged |
| Cityframe Infra - Developers Pvt Limited | 0.00% | unchanged |
| Dhrtvan Business Accelerations Pvt Ltd (formerly known as Sprire Infra Developers Private Limited) | 0.00% | unchanged |
| Saola Infra Developers Private Limited | 0.00% | unchanged |
| Esthetic Infra - Developers Pvt Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse HCL Infosystems Limited
Guides on how to read this kind of business and the numbers that matter.