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HCL Infosystems Limited (IN:HCL.INSYS)
:HCL.INSYS
India Market
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HCL Infosystems Limited (HCL.INSYS) AI Stock Analysis

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IN:HCL.INSYS

HCL Infosystems Limited

(HCL.INSYS)

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Underperform 40 (OpenAI - Gpt-5.6Sol)
Rating:40Underperform
Price Target:
₹9.50
▼(-16.08% Downside)
Action:Downgraded
Date:09/06/26
Overall score is low, primarily driven by weak financial performance (shrinking revenue, persistent losses, negative equity with sustained debt). Technicals reinforce the risk with a clear downtrend and negative momentum, despite extremely oversold readings. Valuation is not supportive because losses make the negative P/E difficult to interpret and no dividend yield is available.
Positive Factors
Diversified ICT revenue model
The company operates across product distribution, system integration, infrastructure deployment, and recurring support services. This breadth can diversify revenue sources and create opportunities for longer customer relationships, although current financial results show that the model is not yet translating into stable profitability.
Negative Factors
Persistent revenue contraction
Multi-year revenue contraction reduces scale, weakens operating leverage, and can make customer and vendor relationships harder to sustain. Without a durable reversal, the shrinking top line limits the company’s ability to absorb fixed costs, invest in capabilities, and rebuild earnings over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified ICT revenue model
The company operates across product distribution, system integration, infrastructure deployment, and recurring support services. This breadth can diversify revenue sources and create opportunities for longer customer relationships, although current financial results show that the model is not yet translating into stable profitability.
Read all positive factors

HCL Infosystems Limited (HCL.INSYS) vs. iShares MSCI India ETF (INDA)

HCL Infosystems Limited Business Overview & Revenue Model

Company Description
Established in 1976 and based in Noida, India, HCL Infosystems Limited is an Indian company that supplies computer hardware and mobile communication devices to both businesses and individual consumers, primarily across India. The company organizes...
How the Company Makes Money
HCL Infosystems has historically generated revenue primarily through (1) selling and/or distributing third-party IT hardware and technology products (such as PCs, servers, networking/communication equipment, and related peripherals) to enterprise,...

HCL Infosystems Limited Financial Statement Overview

Summary
Financial performance is very weak: multi-year revenue contraction, recurring net losses and deeply negative margins, plus a highly stressed balance sheet with negative equity across all years and sustained debt. Cash flow has occasional positive years but is volatile, limiting confidence in stability.
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
33
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue187.50M216.10M246.10M321.73M314.10M694.40M
Gross Profit-133.50M-125.20M177.20M188.77M-82.40M-44.70M
EBITDA-508.20M-279.10M-204.70M-137.14M-367.56M429.80M
Net Income-451.00M-329.10M-211.10M-158.74M-387.94M245.20M
Balance Sheet
Total Assets0.004.40B4.33B4.56B5.06B4.91B
Cash, Cash Equivalents and Short-Term Investments2.14B2.14B2.01B1.42B2.25B1.60B
Total Debt0.003.33B3.55B3.55B3.55B4.14B
Total Liabilities2.97B7.37B7.24B7.25B7.59B7.06B
Stockholders Equity-2.97B-2.97B-2.91B-2.69B-2.53B-2.15B
Cash Flow
Free Cash Flow-145.80M115.10M-285.10M-363.69M731.37M1.00B
Operating Cash Flow-144.80M119.20M-282.10M-361.79M735.62M1.01B
Investing Cash Flow167.00M-114.00M229.00M307.79M-152.02M207.80M
Financing Cash Flow-100.00K0.00-1.70M-3.73M-618.85M-1.39B

HCL Infosystems Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price11.32
Price Trends
50DMA
10.99
Negative
100DMA
11.58
Negative
200DMA
12.19
Negative
Market Momentum
MACD
-0.11
Negative
RSI
47.88
Neutral
STOCH
56.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HCL.INSYS, the sentiment is Neutral. The current price of 11.32 is above the 20-day moving average (MA) of 10.37, above the 50-day MA of 10.99, and below the 200-day MA of 12.19, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 47.88 is Neutral, neither overbought nor oversold. The STOCH value of 56.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:HCL.INSYS.

HCL Infosystems Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
₹4.23B13.50―17.18%4.74%-11.10%
61
Neutral
₹3.58B9.02―4.39%35.17%9.87%
56
Neutral
₹59.24B18.45―0.22%40.44%48.96%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
₹5.06B13.68―3.07%-2.21%-53.12%
40
Underperform
₹3.47B-7.66―10.92%-22.42%-109.87%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:HCL.INSYS
HCL Infosystems Limited
10.55
-4.18
-28.38%
IN:3IINFOLTD
3i Infotech Limited
24.41
3.41
16.24%
IN:CYBERTECH
CyberTech Systems & Software Ltd.
139.20
-37.04
-21.02%
IN:INSPIRISYS
lnspirisys Solutions Limited
90.31
-7.19
-7.37%
IN:RPTECH
Rashi Peripherals Limited
892.10
571.69
178.42%
IN:ABMKNO
ABM Knowledgeware Limited
174.05
-24.04
-12.14%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026