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Hexaware Technologies Limited (HEXT) Fair Value & Analysis

Technology · IN · Market cap ₹338B

HT Hexaware Technologies Limited HEXT · NSE
Price₹555.15
Fair Value₹629.05
Upside+13.3%
Quality47/100
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Evidence: High Range ₹425.44 – ₹786.31

Fair value as of: Jul 3, 2026

From 26 valuation models · updated yesterday

Share price +1.7% over the past month.

Price vs Fair Value (12 months)

₹881.00 ₹405.70 Fair Value ₹629.05 Jun 2025 Jul 2026

12‑month range ₹405.70 – ₹881.00 · fair‑value band ₹425.44 – ₹786.31 · the ₹555.15 price screens below the ₹629.05 fair value. As of Jul 3, 2026.

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Analysis

Hexaware Technologies Limited (HEXT) currently trades at ₹555.15, while our model-based Fair Value estimate is ₹629.05 — implying the stock looks roughly 13.3% undervalued today. We read business quality at 47/100 (below-average quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Hexaware Technologies Limited generated revenue of ₹138B at a net margin of 10.1%. Revenue grew 12.6% year over year. It earns a return on equity of 22.3%. The balance sheet holds a net cash position of ₹13.0B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹138B
Revenue growth (YoY) +12.6%
Net margin 10.1%
Return on equity 22.3%
Free cash flow ₹15.9B FY2025
P/E ratio 24.6
More key figures
Operating margin 13.6%
EPS (TTM) ₹22.56
Dividend yield 2.6%
EPS growth (YoY) +7.9%
Net cash ₹13.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Hexaware Technologies Limited provides information technology consulting, software development, and business process services worldwide. The company operates through Travel and Transportation, Financial Services, Banking, Healthcare and Insurance, Hi-Tech Professional Services, and Manufacturing and Consumer segments. It offers AI-native contact center, application services, cybersecurity, digital workplace, enterprise automation, generative AI, sustainability services, testing, vibe coding, and zero license services. The company also offers platforms, including Amaze, a platform that automates the cloud journey to support efficient digital transformation and modernization solutions; Tensai, uses AI and machine learning to drive intelligent automation for decisions and business processes; RapidX, an agentic AI platform that redefines software engineering by acting as an AI catalyst, enhancing human expertise with advanced intelligence; and Agentverse, an enterprise AI agent …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hexaware Technologies Limited reported revenue of ₹134B in FY2025 versus ₹71.8B in FY2021, a compound +17.0%/yr. Reported net income was ₹13.7B in FY2025, compounding +16.3%/yr from FY2021.

Revenue +17.0%/yr
FY21 ₹71.8B
FY22 ₹92.0B
FY23 ₹104B
FY24 ₹120B
FY25 ₹134B
Net income +16.3%/yr
FY21 ₹7.5B
FY22 ₹8.8B
FY23 ₹10.0B
FY24 ₹11.8B
FY25 ₹13.7B

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Similar stocks

6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $301.77 $153.91 -49%
Accenture plc ACN $124.83 $250.14 +100%
Tata Consultancy Services Limited TCS ₹2,154 ₹2,580 +20%
Infosys Limited INFY ₹1,144 ₹1,305 +14%
HCL Technologies Limited HCLTECH ₹1,131 ₹2,568 +127%
Fiserv, Inc F1IS34 R$138.35 R$187.39 +35%

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Frequently asked questions

Is Hexaware Technologies Limited (HEXT) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹629.05 versus a price of ₹555.15 — about +13% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HEXT?
Our model-based fair value for Hexaware Technologies Limited is ₹629.05 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹555.15.
What is the quality score of HEXT?
Hexaware Technologies Limited has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hexaware Technologies Limited (HEXT)?
Hexaware Technologies Limited reported trailing-twelve-month revenue of about ₹138B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of HEXT?
The net profit margin of Hexaware Technologies Limited is about 10.1%, meaning it keeps roughly 10.1% of revenue as net income. Based on the latest reported figures.
Does Hexaware Technologies Limited pay a dividend?
Hexaware Technologies Limited currently shows a dividend yield of about 2.58% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.