Hexaware Technologies Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹33,917 Cr
- Book Value
- ₹110
- Stock P/E
- 24.0
- Dividend Yield
- 2.07%
- ROE
- 24.9%
- ROCE
- 30.1%
- PEG Ratio
- 1.30
- EV/EBITDA
- 14.0
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Hexaware Technologies Ltd closed at ₹553.30 on 19 August 2026, up 0.1% on the day, 1.9% above its 50-day average, 33.3% below its 52-week high, with volume at 0.30× its 20-session average.
- RSI 14
- 47.7
- vs 50-day SMA
- +1.9%
- vs 200-day SMA
- -4.6%
- From 52-week high
- -33.3%
- Relative volume
- 0.30×
- 20-day return
- +0.5%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Hexaware Technologies share price today
Hexaware Technologies (NSE: HEXT) returned to the exchanges in 2025 after five years under Carlyle’s private ownership — years spent rebuilding delivery around automation and, latterly, an AI-led pitch that lands well with mid-market clients. What re-listed is a cleaner machine than what left: 30% ROCE, 16.5% sales CAGR, and a 2.1% dividend yield at just 24× earnings with a PEG of 1.30.
That combination gives Hexaware quality IT economics at a discount to comparable mid-caps. The overhang explaining the discount is no mystery: Carlyle still owns the promoter stake, and private-equity owners eventually sell.
The mid-cap IT value case
Hexaware’s niches — banking and financial services, healthcare, travel, and high-volume digital operations — are the mid-market sweet spot where a $1.5bn-revenue firm gets CEO-level attention that giants reserve for whales. The AI angle is pragmatic rather than press-release: agent-assisted delivery lowering cost-to-serve, which in IT services converts directly to either margin or market share.
Watch-items: the Carlyle sell-down schedule (supply overhang, not business risk), BFSI client budgets, pricing pressure as AI deflates simple work, and wage-cycle math on a 15% OPM.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹33,917 Cr |
| P/E (TTM) | 24.0 |
| EV/EBITDA | 14.0 |
| Operating margin | 15.0% |
| ROE / ROCE | 24.9% / 30.1% |
| Debt to equity | 0.10 |
| Sales CAGR (5y) | 16.5% |
| Profit CAGR (5y) | 18.5% |
| Promoter holding | 74.3% (Carlyle) |
| EPS (TTM) | ₹23.17 |
Hexaware share price target 2026 to 2030
EPS base ₹23.17 (TTM). Bear: IT demand stays soft and the sell-down weighs — 8% growth, multiple at 17×. Base: mid-teens compounding as AI delivery wins share — 14% growth at 23×. Bull: re-rating toward premium mid-cap peers — 18% growth at 29×.
From ₹555, the base case is ≈ +85% over four and a half years plus the 2.1% yield — and the bear case is roughly flat, +4%. That asymmetry suggests the discount already prices much of the promoter overhang, though it does not remove demand or execution risk.
Reasons to own Hexaware (at the right price)
- Quality-IT economics at a value price: 30% ROCE, PEG 1.3, 24× — the cheapest of its cohort.
- A 2.1% dividend yield pays you through the Carlyle overhang.
- Mid-market positioning wins attention giants can’t offer smaller clients.
- The automation/AI delivery rebuild happened in private — public investors get it pre-paid.
- Every Carlyle sell-down tranche widens free float and index eligibility — the overhang is self-liquidating.
The risks: a large PE sell-down can cap the stock for quarters, BFSI concentration ties it to bank budgets, and AI pricing deflation is an industry-wide squeeze on simple services.
What to weigh at the current price
At 24× earnings, Hexaware looks inexpensive beside mid-cap IT peers, but the Carlyle sell-down and demand cycle can keep the discount alive. Client growth, margins and promoter exits should be weighed together.
FAQ
What is the Hexaware share price target for 2030? The table above presents bear, base and bull paths through 2030. Each depends on the stated EPS-growth and valuation assumptions; none is a guaranteed outcome.
Why is Hexaware cheaper than Persistent or Coforge? The Carlyle promoter stake — markets discount the known future supply of shares. The business metrics themselves (ROCE, growth, margins) sit comfortably in the quality cohort.
Is the dividend sustainable? A ~2% yield from a debt-light, 30%-ROCE services firm is comfortably covered by free cash flow; services businesses need little capital to grow.
When are Hexaware’s next results? Check the results calendar and confirm the announced date in the exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.