Hexaware Technologies Unlisted Share Prices

₹580

*Average Price as per 4 December, 2024

company-logo

Fundamentals

FACE VALUE

1

BOOK VALUE

76.24

NO OF SHARES

607899338

EPS

16.41

SALES

10380

INDUSTRY PE

32.99

DIVIDEND

17.5

DIVIDEND YIELD

1.68

PE

63.62

PB

13.69

PS

6.11

MARKET CAP

63464.69

EQUITY

60.7

PAT

998

MESSAGE

2023-24

OVERVIEW


Hexaware Technologies is a global IT and business process outsourcing service provider, known for delivering innovative solutions and services to clients across various industries. Founded in 1990, it is headquatered in Navi Mumbai, India. 

Hexaware offers a wide range of services, categorized broadly into these main segments:

  1. Application Transformation Management: Includes application development, integration, modernization, and maintenance.
  2. Enterprise Solutions: Encompasses services related to Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Capital Management (HCM).
  3. Digital Assurance: Focuses on quality assurance and testing services, ensuring that digital solutions meet the highest standards of performance and reliability.
  4. Business Process Services (BPS): Provides services such as finance and accounting, human resources, and customer service management.
  5. Infrastructure Management Services: Manages IT infrastructure, offering cloud services, cybersecurity, and IT operations management.
  6. Digital and Analytics: Delivers digital transformation services, including data analytics, artificial intelligence, and machine learning.


Timeline


1990: The company is incorporated under the name "Aptech Ltd".

2002: Aptech Ltd is rechristened as "Hexaware Technologies Limited".

2002: Goes public with an Initial Public Offering (IPO) on the Bombay Stock Exchange (BSE).

2004: Established its first offshore development center in the Philippines.

2006: Launched its proprietary rapid application development tool, RapidXTM.

2008: Established its first delivery center in the United States.

2010: Acquired US-based Keane, Inc., a provider of IT solutions, expanding its global presence and service offerings.

2013: Launched its automation platform, Tensai®, for streamlining business processes.

2015: Established its first delivery center in Europe, in the Netherlands.

2020: Launched its digital transformation platform, HOPEX, to help clients with their digital journeys.

2020: Got delisted from BSE & NSE at Rs 475

2024: Filed DRHP with SEBI indicating plans for IPO


Management


R Srikrishna - CEO & Executive Director

  • Degree in electrical engineering from IIT Madras and an MBA from IIM, Calcutta
  • 25 years of IT experience


Vinod Chandran - Chief Operating Officer

  • HCL Technologies for nearly 20 years where he built and led the North American IMS business from near-zero to over a billion dollars in revenue.
  • He holds an MBA from XLRI


Signature Platforms


Hexaware amaze: Amaze platform holistically automates the cloud journey to enhance digital transformation with strategic, cost-efficient adoption and modernization solutions

Hexaware tensai: Tensai harnesses the power of artificial intelligence (AI) and machine learning (ML) to drive intelligent automation, enabling smarter decision- making and efficient, adaptive business processes.

Hexaware RapidX: A robust digital transformation accelerator powered by gen AI, RapidX™ streamlines workflows and enhances agility, leveraging advanced technologies for accelerated innovation


Industries Served


INSIGHT


Financial Insights

In Crs

Particulars31st March, 202331st March, 202231st March, 2021
Revenue 1038092007178
EBITDA165914261240
PBT12691123941
PAT 998884749
EPS 332925


  • Revenue has surged past the significant milestone of INR 100 billion, reaching INR 104 billion, marking a robust growth rate of 12.8% in INR. 5 Year Revenue CAGR stands at 17.5%
  • Adjusted EBITDA stands at an impressive 16.4%, marking an increase of 230 basis points year-on-year. 5 Year PAT CAGR stand at 9.25%
  • Earnings per share (EPS) grew by 12.3% compared to the previous year
  • Company declared dividend of INR 17.50 per share, representing dividend of 875%.


Revenue Distribution


By Region                                                 By Verticals

Hexaware Technologies revenue distribution by regionHexaware Technologies revenue distribution by vertical


Industry Outlook


  • The Indian IT-BPM industry grew from $227 billion in FY2022 to $245 billion in FY2023, reflecting a growth rate of approximately 8%. IT services export revenue is grew by 10% annually, reaching around $194 billion in FY2023 from $178 billion in FY2022.
  • Digital transformation services are growing at a faster pace, with a projected growth rate of 20-25% annually. This includes services related to cloud computing, artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), and cybersecurity.
  • The cloud computing market in India is expected to grow from $4.4 billion in 2020 to $9.5 billion by 2025, at a CAGR of 21.4%, driven by increased adoption of cloud services across various sectors.
  • The IT-BPM sector in India employed over 5 million people as of 2022. NASSCOM estimates that this number will grow by 10% annually, adding around 500,000 jobs each year.


Recent News


Carlyle has finalised a syndicate of five investment banks as it gears up to take portfolio firm Hexaware Technologies public and unlock value through a big-bang IPO. They have shortlisted Kotak Mahindra Capital, Citi and JP Morgan as the lead banks, along with IIFL Capital and HSBC Securities. The plan is to raise around a $1 billion (Rs 8,350 crore) at a valuation ranging between $5 billion and $6 billion (Rs 41,750 crore to Rs 50,100 crore)


Hexaware Technologies to hire around 6,000 people 

Why you should invest in Hexaware Technologies?

All you need to know about Hexaware Pre-IPO Shares!


SECONDARY NAME

Hexaware Technologies Unlisted Share Prices

ISIN

INE093A01041

CDSL

Yes

NSDL

Yes

INDUSTRY

Technology

SECTOR (READ ONLY)

Software

SHARE HOLDINGS

Name of ShareholderHoldings
HDFC Asset Management Co Ltd6.78 %
T Rowe Price International Ltd.2.22 %
Invesco Asset Management India Pvt Ltd1.9 %
SBI Funds Management Pvt Ltd1.25 %
Other 87.85 %
Founders

NRIs invest Before IPO via SB NRI

We're different. SB NRI is the first of it's kind platform built for NRIs offering digital Investment plans.

Schedule a Call

Trusted by 1,000s of NRIs spread across the Globe

One-stop Platform for NRI

Making NRI lives easier by solving Banking, Investment, Tax & all other India related needs. Download SBNRI