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Intrinsic value · Buy/Sell verdict · scores — free· 1046 Indian stocks· EOD 2026-09-12

Hexaware Technologies Limited

HEXTNSEInformation Technology
₹497.05
-5.90 (-1.17%)
Hold

Valuation (79/100) does the heavy lifting; momentum (18/100) is the drag.

Buy zone
The bottom line

StocksWizard rates Hexaware Technologies Limited a Hold, scoring 58/100 on our blended model. We put fair value near ₹596.88; at ₹497.05 that leaves roughly 20% upside, so the stock screens undervalued by 20%. On 24.4x trailing earnings it sits cheaper than the Information Technology median of about 31.6x. The price is about 36% below its 52-week high of ₹777.85 and 24% above the low of ₹399.45. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9. The average analyst target of ₹554 implies about 11% upside across 15 analysts. It clears 10 of 13 investability checks, with durability 66, valuation 75 and momentum 18 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹596.88up 20.08%
Undervalued by 20%
Price ₹497.05Range ₹248.53₹713.94
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹477.5.

Analyst views

15 analysts10 buy · 4 hold · 2 sell
12-month consensus target₹554up 11.46%

1-year price

EOD · 2026-09-12
1D
down 1.17%
1W
down 5.97%
1M
down 13.49%
3M
down 0.54%
6M
up 23.12%
1Y

52-week range

-36.10% from the 52-week high.

Trend check
Below 50-DMA₹552Below 200-DMA₹560

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Hold58
A
Financial health 100/100
Altman Z 6.41 · Safe zone

Piotroski F-score 3/9 — quality of earnings & balance sheet.

Our scores

Durability66
Valuation75
Momentum18

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 10 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 22.3%
  • Pass: Low debt (D/E < 0.5): 0.11x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 13%
  • Pass: Earnings growing: 8%
  • Pass: Net margin ≥ 10%: 10.1%
  • Pass: Current ratio > 1.5: 1.63
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 6.41
  • Fail: Piotroski ≥ 7: 3/9

Quarterly results

Revenue · 1Q2026
₹3,613 Cr
Net profit
₹352 Cr
Margin
10%
2Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +4%

Annual financials

Revenue · 2025
₹13,430 Cr
Net profit
₹1,369 Cr
Margin
10%
2019
2023
2024
2025
Revenue Net profitLatest revenue YoY +12%

Shareholding

  • Promoter75.2%
  • Institutions18.3%
  • Public & other6.5%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹33,633 Cr
P/E ratio
24.4
P/B ratio
4.96
EPS (TTM)
₹22.6
ROE
22.3%
Debt / Equity
0.11x
Profit margin
10.1%
Free cash flow
₹2,031 Cr
52-week high
₹777.85
-36.10% from high
52-week low
₹399.45
Dividend yield
2.6%
Beta
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (22.3%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 6.41.

Opportunities

  • Revenue growing (13% YoY).
  • Trading in our value buy zone versus sector peers.
  • Well off its 52-week high — possible mean-reversion.
  • Trades ~20% below our estimated fair value.

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).
  • Weak Piotroski score (3/9).

About Hexaware Technologies Limited

Hexaware Technologies Limited provides information technology consulting, software development, and business process services across six segments: Travel and Transportation, Financial Services, Banking, Healthcare and Insurance, Hi-Tech Professional Services, and Manufacturing and Consumer. The company offers AI-native contact center solutions, application services, cybersecurity, digital workplace, enterprise automation, generative AI, and sustainability services globally.

Hexaware Technologies Limited — frequently asked questions

Is Hexaware Technologies Limited a buy, hold or sell?

StocksWizard currently rates Hexaware Technologies Limited (HEXT) a Hold, based on a blended score of 58/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Hexaware Technologies Limited's fair value?

Our blended DCF and relative-valuation model estimates Hexaware Technologies Limited's fair value at about ₹596.88, versus a current price of ₹497.05 — roughly 20% upside. On that basis the stock looks undervalued by 20%.

Is Hexaware Technologies Limited financially healthy?

Hexaware Technologies Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9.

How has Hexaware Technologies Limited's share price performed?

Hexaware Technologies Limited is down 1% over three months, and last traded at ₹497.05. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.