HEXT
Hexaware Technologies Limited
Each stock's 10,000-path forecast, rendered as light.
Hexaware Technologies Limited (HEXT) Stock Analysis & Case Study
Is HEXT a good buy? The data-driven verdict.
Hexaware Technologies Limited (HEXT) trades at ₹565,on the numbers it screens attractive, a Downstox Snapshot Score of 72/100.
On the numbers, Hexaware Technologies Limited (HEXT) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 24.4× earnings, ROE of 24.9%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
HEXT fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How HEXT ranks against the 2,373 companies in our screener
- HEXT's market cap of 34,498 Cr ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's book value of ₹110 ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's promoter holding of 74.3% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's 3-year profit (PAT) growth of 18.0% ranks in the 54th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's 3-year revenue growth of 13.0% ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's debt-to-equity ratio of 0.10x is lower than 77% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is HEXT overvalued? HEXT P/E vs peers
HEXT trades at 24.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
HEXT share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.4y of HEXT history (-21%/yr drift, 40%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| HEXT 2027 | ₹340 | ₹565 | ₹937 | +0% |
| HEXT 2028 | ₹275 | ₹565 | ₹1,159 | +0% |
| HEXT 2029 | ₹233 | ₹565 | ₹1,370 | +0% |
| HEXT 2030 | ₹207 | ₹565 | ₹1,539 | +0% |
| HEXT 2031 | ₹182 | ₹565 | ₹1,754 | +0% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability HEXT goes up, or doubles?
The bull case for HEXT
- HEXT's P/E of 24.4x is lower than 55% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's return on equity of 24.9% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's return on capital employed of 30.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HEXT's dividend yield of 2.0% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,370.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹233.
HEXT volatility & expected range, how bumpy is the ride?
Over the last 1.4 years HEXT compounded at -21%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹340-₹937, the honest backbone behind any single price target.
HEXT price forecast, the full 60-month probability fan
HEXT price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds HEXT hits common targets within the simulated horizon?
Full multi-horizon detail on the HEXT price target & forecast page.
HEXT Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HEXT scores 6/8, mixed financial health.
HEXT MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy HEXT with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 32.58% | 3.1× |
| Groww | 32.65% | 3.1× |
| Dhan | 49.00% | 2.0× |
| Kotak Neo | 34.97% | 2.9× |
| Paytm Money | 36.65% | 2.7× |
| PocketfulCHEAPEST | 32.18% | 3.1× |
| Anand Rathi | 35.00% | 2.9× |
| Bajaj Broking | 49.00% | 2.0× |
| Share India | 32.61% | 3.1× |
Compare every broker on the HEXT MTF page.
About Hexaware Technologies Limited: sector, index & market-cap context
Hexaware Technologies Limited (HEXT) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹34,498 Cr. See more stocks on our screener.
How the HEXT Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Hexaware Technologies Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
HEXT analysis, FAQs
Is Hexaware Technologies Limited (HEXT) a good buy?
On the numbers, Hexaware Technologies Limited (HEXT) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 24.4× earnings, ROE of 24.9%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is HEXT overvalued or undervalued?
HEXT trades at 24.4× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the HEXT share price target for 2031?
HEXT's probability-weighted 2031 median target is ₹565, with an 80% range of ₹182-₹1,754 (10,000-path Monte-Carlo).
What is the probability HEXT doubles in 5 years?
The modelled probability of HEXT reaching ₹1,129 (2×) within 5 years is 22%.
What is the bull case for HEXT?
HEXT's P/E of 24.4x is lower than 55% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HEXT's return on equity of 24.9% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HEXT's return on capital employed of 30.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in HEXT?
No model or past record guarantees future returns, treat this as one input, not a decision.