HCL Technologies Limited - Revenue Analysis & Operating Metrics 2006-2011

HCL Technologies Limited - Financial Performance 2006-2011

Financial Performance:

• 2009 revenue growth was affected due to global recession and Financial crisis and YoY growth was only 17%. YoY growth picked up again in 2010 ( 24%) and 2011 (31%) 
• Reduced Operating expenses by almost half in 2009 (17% YoY) but again increased according to the revenue growth. 
• Negative YoY growth in net profit in 2008 (-11%) and 2009 (-6%) but profitability significantly increased in 2011 (35% YoY)

HCL Technologies Limited - Geography Mix 2006-2011 

Geography Analysis:

• Dependency on the US market is always high and the contribution reduced in 2011 compared 2010 but still 56% revenues come form the region. Peaked in 2010 with 62% of revenues. 
• Europe is the second largest market but the contribution fell in 2010 but again increased in 2011 and historically HCL had strong presence in Europe. 
• Rest of the world is also increasing compared to previous years and the company is looking to increase further. 

HCL Technologies Limited Vertical Revenue Mix 2006-2011

Vertical Analysis:

• Manufacturing is the core vertical but the revenue contribution has been falling. 
• Financial Services second largest vertical and growth is constant. 
• Telecom is the third largest vertical but revenues have fallen significantly since 2009.  
• Retail & CPG have fallen in 2007 and constant since. Healthcare revenues are constant in last two years. 
• Energy Utilities and public sector have seen constant growth since 2009. 

HCL Technologies Limited -Services Revenue Mix 2006-2011

Services Segment Analysis:

• Custom Application Services is the largest offering followed by Engineering R&D Services. Custom application services saw growth in 2011 and Engineering R&D services fell in 2011 compared to 2010. 
• Enterprise Application services is growing constantly in the last three years between  21-24%. 
• Infrastructure services are seeing significant growth from 15% in 2008 to 23% in 2011. 
• BPO services revenue is falling since 2006 from 13% to 6% in 2011. 

HCL Technologies Limited Contract Type 2006-2011

Time & Material contracts are the most preferred. But the Fixed price contracts are also seeing growth since 2008.

HCL Technologies Limited Onsite/Offshore Mix 2006-2011

Onsite has always been dominant contributor for HCL Tech but since 2009 the contribution significantly increased.

Source: Company Investors Site                               Website : www.hcltech.com/investors