On profitability front, we expect company to report operating margins of around 22.9 percent in FY19E and 23.2 percent in FY20E., says a report by Anand Rathi.
HCL Technologies is a next-generation global technology company that helps global enterprises transform their businesses through digital technology transformation.
Strong positioning in high-growth engineering services business and strong outlook for digital and products & platforms businesses will help in delivering revenue growth going forward.
On profitability front, we expect company to report operating margins of around 22.9 percent in FY19E and 23.2 percent in FY20E.
HCL Tech focuses on providing an integrated portfolio of services under lined by its Mode1–2–3 growth strategy.
Mode1 encompasses the core services in the areas of Applications, Infrastructure, BPO, Engineering and R&D services, leveraging autonomic to transform clients 'business and IT landscape, making them' lean 'and' agile Mode 2focuses on experience–centric and outcome–oriented integrated offering so Digital &Analytics, IoT Works, Cloud Native Services, Cyber Security and GRC services to drive business out comes and enable enterprise digitalization.
Mode3 strategy is ecosystem–driven which focuses on creating innovative IP–partnerships to build products and platforms business.Disclaimer: The views and investment tips expressed on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.