Which stock is cheaper: INFY or HCLTECH?

Based on Price to Earnings, INFY trades at a P/E of 61.7 while HCLTECH trades at a P/E of 19.1.

Does INFY or HCLTECH have higher ROCE?

INFY generates an ROCE of 24.9% compared to HCLTECH's ROCE of 37.3%.

INFOSYS LIMITED (INFY) has a market cap of ₹4,10,907 Cr compared to HCL TECHNOLOGIES LTD (HCLTECH) with ₹3,26,343 Cr.

INFYTechnology

₹1,185.00+3.36%

Market Cap: ₹4,10,907 Cr

HCLTECHTechnology

Leads (4/5)

₹1,428.10+1.72%

Market Cap: ₹3,26,343 Cr

Automated quantitative breakdown of fundamental strengths between INFY and HCLTECH.

Attractive ValuationHCLTECH (P/E 19.1)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	INFY	HCLTECH
Valuation Multiples
Market Capitalization	₹4,10,907 Cr	₹3,26,343 Cr
Price to Earnings (P/E)	61.70	19.14
Price to Book (P/B)	N/A	12.60
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	24.87%	37.32%
Return on Equity (ROE)	23.88%	30.65%
Operating Profit Margin (OPM)	22.56%	17.69%
Net Profit Margin (NPM)	18.23%	19.21%
Balance Sheet & Solvency
Debt to Equity Ratio	0.07	0.04
Dividend Yield	0.00%	34.38%
Historical Growth
3-Year Sales Growth (CAGR)	-97.56%	12.59%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹42,435 Cr	₹28,87,347 Cr
Quarterly Net Profit	₹6,839 Cr	₹3,86,104 Cr