Which stock is cheaper: HCLTECH or WIPRO?

Based on Price to Earnings, HCLTECH trades at a P/E of 19.1 while WIPRO trades at a P/E of 12.2.

Does HCLTECH or WIPRO have higher ROCE?

HCLTECH generates an ROCE of 37.3% compared to WIPRO's ROCE of 22.4%.

HCL TECHNOLOGIES LTD (HCLTECH) has a market cap of ₹3,26,343 Cr compared to WIPRO LTD (WIPRO) with ₹1,61,895 Cr.

HCLTECHTechnology

Leads (3/5)

₹1,428.10+1.72%

Market Cap: ₹3,26,343 Cr

WIPROTechnology

₹198.31+4.32%

Market Cap: ₹1,61,895 Cr

Automated quantitative breakdown of fundamental strengths between HCLTECH and WIPRO.

Attractive ValuationWIPRO (P/E 12.2)Trades at lower Price-to-Earnings

Capital EfficiencyHCLTECH (ROCE 37.3%)Superior operating return on capital

Balance Sheet SafetyHCLTECHLower debt-to-equity ratio

Shareholder YieldSimilar YieldComparable dividend payouts

Green highlight indicates the stronger metric

Financial Metric	HCLTECH	WIPRO
Valuation Multiples
Market Capitalization	₹3,26,343 Cr	₹1,61,895 Cr
Price to Earnings (P/E)	19.14	12.19
Price to Book (P/B)	12.60	2.60
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	37.32%	22.35%
Return on Equity (ROE)	30.65%	16.42%
Operating Profit Margin (OPM)	17.69%	19.99%
Net Profit Margin (NPM)	19.21%	14.71%
Balance Sheet & Solvency
Debt to Equity Ratio	0.04	0.13
Dividend Yield	34.38%	0.00%
Historical Growth
3-Year Sales Growth (CAGR)	12.59%	6.39%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹28,87,347 Cr	₹24,479 Cr
Quarterly Net Profit	₹3,86,104 Cr	₹3,352 Cr