Hcl Technologies Limited (HCLTECH) - MTF Margin Comparison
Exchange: NSE · Available on 10 brokers · Updated daily
Hcl Technologies Limited results, Q1 FY27
Quarter ended 2026-06-30HCLTECH reported revenue of Rs 34,579 crore in Q1 FY27, which rose 13.9% from the same quarter a year earlier. Net profit was Rs 4,624 crore, rose 20.3% year on year. EBITDA margin stood at 20.9%.
| Metric | Q1 FY27 | QoQ | YoY | Year ago |
|---|---|---|---|---|
| Revenue | 34,579.00 Cr | +1.8% | +13.9% | 30,349.00 |
| EBITDA | 7,231.00 Cr | +2.8% | +11.4% | 6,491.00 |
| EBITDA margin | 20.9% | +1.0% | -2.3% | 21.4% |
| Net profit | 4,624.00 Cr | +3.0% | +20.3% | 3,843.00 |
| EPS | 17.06 | +3.0% | +20.4% | 14.17 |
Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.
Yahoo Finance, as of 19 Aug 2026, 14:38 IST
Fundamentals Snapshot
ITFundamentals updated 18 AugMega CapFundamentals from the Downstox Value Screener (3,124-stock screener universe, updated daily). Not investment advice.
MTF Margin Comparison - HCLTECH
Hcl Technologies Limited - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Dhan | Kotak Neo | Paytm Money | Pocketful | Anand Rathi | Bajaj Broking | Share India |
|---|---|---|---|---|---|---|---|---|---|---|
| MTF Margin | 25.53% | 24.80% | 24.86% | 22.50% | 22.03% | 22.32% | 29.30% | 29.04% | 23.00% | 29.21% |
| Leverage | 3.9x | 4.0x | 4.0x | 4.4x | 4.5x | 4.5x | 3.4x | 3.4x | 4.3x | 3.4x |
| You Pay (per ₹1L) | ₹25,530 | ₹24,800 | ₹24,860 | ₹22,500 | ₹22,030 | ₹22,320 | ₹29,300 | ₹29,040 | ₹23,000 | ₹29,210 |
| Broker Funds (per ₹1L) | ₹74,470 | ₹75,200 | ₹75,140 | ₹77,500 | ₹77,970 | ₹77,680 | ₹70,700 | ₹70,960 | ₹77,000 | ₹70,790 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 12.49% | 9.69% | 7.99% | 5.99% | 18.25% | 11.99% | 9.99% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ₹41 per lakh/day | ₹34.2 per lakh/day (up to ₹5L) | ~₹27 per lakh/day | slab-based | ~₹27 per lakh/day | see broker | see broker | see broker |
| Brokerage | Rs 20/day per Rs 40,000 | 0.3% or Rs. 300 per Rs. 40,000 | 0.1% per order | NIL | ₹10 per order | ₹20 or 2.5% of trade value (whichever is lower) | ₹29 | Rs 20/day per Rs 40,000 | 0.2% on Delivery | ₹0 |
| Pledge Charges | 0.01% p.a. | Payment gateway charges ₹9 + GST | ₹20 per order | NIL | ₹20 + GST per ISIN | ₹20/- per Transaction (including ₹5 CDSL charges) | null | Nil | per ISIN | 20% upfront margin of the transaction value |
| Max Holding Period | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | 365 days | 365 days | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | ₹1 crore (₹20L per stock) | No published limit | No published limit | No published limit | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto-liquidation if margin coverage < 20% | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Kotak Neo offers the best margin of 22.03% for HCLTECH, while Pocketful requires 29.30% - a difference of 7.27 percentage points. With Kotak Neo you put up ₹7,270 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.
HCLTECH MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.
How Much Can You Invest in HCLTECH with MTF?
Frequently Asked Questions - HCLTECH MTF
What is the MTF margin for HCLTECH?
Which broker is cheapest for HCLTECH MTF?
What interest rate do brokers charge on HCLTECH MTF?
Can I buy HCLTECH on margin?
How long can I hold HCLTECH on MTF?
What are the pledge charges for HCLTECH?
What happens if margin falls below minimum for HCLTECH?
What is the maximum borrowing limit for HCLTECH MTF?
IT Sector Peers - MTF Margins
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About Hcl Technologies Limited (HCLTECH) Margin Trading
Hcl Technologies Limited (HCLTECH) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 10 major Indian brokers: Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy HCLTECH shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Kotak Neo offers the best MTF margin of 22.03% for HCLTECH. This means you can buy ₹1,00,000 worth of Hcl Technologies Limited shares by paying just ₹22,030, with Kotak Neo funding the remaining ₹77,970.
MTF Interest Rates for HCLTECH - Broker Comparison
The cost of holding HCLTECH on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.
When choosing a broker for HCLTECH MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.
Holding Period & Square-Off Rules
Upstox allows holding HCLTECH on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.
Pledge & Brokerage Charges
MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.
Looking for more stocks? Browse our complete MTF stocks directory with 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade HCLTECH directly through our Scalper Terminal.