HCLTECH vs TCS: Which Is Better on the Numbers?
HCL Technologies Ltd (HCLTECH) trades at ₹1156 on a P/E of 18.0, while Tata Consultancy Services Ltd (TCS) trades at ₹2157 on a P/E of 15.2. On valuation, Tata Consultancy Services Ltd is cheaper on earnings (P/E 15.2 vs 18.0). This is a data comparison, not a recommendation.
HCLTECH vs TCS — full comparison
| Metric | HCLTECH | TCS |
|---|---|---|
| Share price | ₹1,155.6 | ₹2,157 |
| P/E ratio (lower = cheaper) | 18.00 | 15.20 |
| ROE (higher = better) | 24.00% | 51.80% |
| ROCE (higher = better) | 30.60% | 63.00% |
| Dividend yield | 4.68% | 2.91% |
| Annualised return (history) | -10.4% | -29.6% |
| Volatility (lower = steadier) | 26% | 23% |
| 1-year forecast (Monte Carlo median) | ₹1,006.73 | ₹1,575.58 |
| Cheapest MTF margin | 22.5% (Dhan) | 22% (Dhan) |
How HCLTECH and TCS compare
- On valuation, Tata Consultancy Services Ltd is cheaper on earnings (P/E 15.2 vs 18.0).
- On profitability, Tata Consultancy Services Ltd earns a higher return on equity (ROE 51.8% vs 24.0%).
- For income, HCL Technologies Ltd pays a higher dividend yield (4.68% vs 2.91%).
- On recent momentum, HCL Technologies Ltd has the stronger annualised return (-10.4% vs -29.6%).
- On risk, Tata Consultancy Services Ltd has been less volatile (annualised volatility 23% vs 26%).
- For margin trading, Tata Consultancy Services Ltd has the lower MTF margin requirement (22% via Dhan).
Not investment advice. This page compares publicly available metrics and a statistical forecast for information only. The 1-year forecast is a Monte Carlo projection from historical volatility, not a prediction. Do your own research or consult a SEBI-registered adviser before investing.
More stock comparisons
INFY vs TCSTCS vs WIPROINFY vs WIPROHCLTECH vs INFYHCLTECH vs WIPROINFY vs TECHMHDFCBANK vs ICICIBANKHDFCBANK vs SBINICICIBANK vs SBINHDFCBANK vs KOTAKBANKAXISBANK vs ICICIBANKAXISBANK vs SBINAXISBANK vs KOTAKBANKAXISBANK vs HDFCBANKADANIENT vs RELIANCEMARUTI vs TATAMOTORSBAJAJ-AUTO vs HEROMOTOCOEICHERMOT vs TATAMOTORSDRREDDY vs SUNPHARMACIPLA vs SUNPHARMACIPLA vs DRREDDYCIPLA vs DIVISLABJSWSTEEL vs TATASTEELJINDALSTEL vs TATASTEEL
Related tools
- HCLTECH MTF margins & research
- TCS MTF margins & research
- Stock screener — filter by P/E, ROE and 30+ metrics
- Stock valuation — estimate intrinsic value
- Nifty PE tracker — market-wide valuation context