Last Updated: April 19, 2023, 15:38 IST
HCL Tech Dividend to be Declared Tomorrow
HCL Tech To Declare Dividend with Q4 Results: HCL Technologies has declared 85 dividends since 25 September
HCL Tech Dividend: IT main HCL Technologies will take into account an interim dividend payout to the fairness shareholders together with its Q4 earnings on Thursday. The firm may even declare closing dividend for FY23, if any.
Following its quarterly outcomes, the senior administration of HCL Technologies will conduct audio convention name at 7 p.m. (IST) for 60 minutes to debate the outcomes, adopted by the detailed question-answer session.
Dividend History
HCL Technologies has declared 85 dividends since 25 September, 2000. In the previous 12 months, HCL Technologies has declared an fairness dividend amounting to Rs 48.00 per share, in line with Trendlyne information.
At the present share value of Rs 1046.20, this ends in a dividend yield of 4.59 per cent.
HCL Tech Q4 Results – What to Expect?
HCL Tech is anticipated to report a double-digit development in income for the fourth quarter ended March 31, 2023, with estimates going as excessive as round 20.4 per cent, aided by ramp up of offers, properly distributed throughout giant and medium sized offers. “The deal pipeline remains healthy, which is well distributed across large and medium sized deals. Deal signing has seen some moderation, especially in the Europe region where conversion of deals from pipeline to TCV may see some delay for the next couple of quarters. The US region is expected to do well on steady deal momentum,” stated ICICI Securities.
Motilal Oswal stated HCL Tech is among the key beneficiaries of Cloud adoption at scale, given its experience in IMS. That stated, the IT agency’s Q4 outcomes are anticipated to impacted by software program enterprise seasonality.
HCL Tech is anticipated to report a 20.3 per cent YoY (1.8 per cent QoQ) rise in income at Rs 27,180 crore. Adjusted revenue is seen rising 9.6 per cent YoY to Rs 3,940 crore. Sequential greenback income development is seen at 1.5 per cent whereas CC income development is seen at 0.5 per cent.
“We expect HCL Tech to report muted growth due to a seasonal drag in HCL Software,” the brokerage said, adding that growth in IT Services to remain strong. Margins are seen decline 150 bps QoQ for HCL Tech, largely due to a seasonal decline in HCL Software.
What to watch from HCL Tech Q4FY23 results?
What will be the key things to look out for as HCL Tech announces its quarter results? Kotak Institutional Equities said, “We expect investor focus on: 1) revenue growth guidance for FY2024 and whether growth can be among industry leaders, 2) impact on discretionary businesses, i.e., products and ERS in the event of recession, 3) exposure to impacted verticals/clients and when revenue will bottom out in these segments, 4) outlook on revenue growth in Europe, 5) levers to increase margins to normalized band, 6) large-deal activity in the market, especially noting HCLT’s higher dependence on large deals for growth, and 7) changes to hiring plans in FY2024 in a deteriorating macro environment.”
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