HCL TECHNOLOGIES LIMITED

ANNUAL REPORT 2022-23

BY- NIRANJAN KUMAR
SEC-D
INTRODUCTION

HCL Technologies Limited, d/b/a HCLTech, is an Indian multinational information

technology services and consulting company headquartered in Noida. The founder of
HCLTech is Shiv Nadar. It emerged as an independent company in 1991

Founder: Shiv Nadar
Headquarters: Noida
Revenue: 1,118 crores USD (31 December 2021)
CEO: C Vijayakumar (Oct 2016–)
Founded: 12 November 1991
CFO: Prateek Aggarwal
CIO: Ajit Kumar
Balance Sheet 2022-23

Total Current Liabilities 10667 9043

Net Current Assets 12802 11805
 Year End Y2023 Y2022 Year End Y2023 Y2022
Current Liabilities 9062 7898 Total Current Assets 23469 20848
 Year End Y2023 Y2022 Year End Y2023 Y2022
Total Debts 1589 1789 Interest 127 109
Profit & Loss 2022-23
 Year End Y2023 Y2022 Year End Y2023 Y2022
Operating Income 46276 40638 Operating Profit 17274 15992
 Year End Y2023 Y2022 Year End Y2023 Y2022
Profit Before Tax 14716 13268 PAT 11459 10874
Cash Flow 2022-23

(Rs.in Crores)
Particulars Y2023 Y2022
No of Months 12 12
Profit Before Tax 14716 13268
Adjustment 1703 2048
Changes In working Capital -349 -2443
Cash Flow after changes in Working Capital 16070 12873
Cash From Operating Activities 13538 10591
Cash Flow from Investing Activities -798 2232
Cash from Financing Activites -13267 -12775
Net Cash Inflow / Outflow -527 48
Opening Cash & Cash Equivalents 2907 2876
Effect of Foreign Exchange Fluctuations -6 -17
Closing Cash & Cash Equivalent 2374 2907