OverviewSuggest Edit

Hexaware Technologies is a company providing information technology consulting, software development, and business process management services. It offers application transformation management as well as business intelligence and analytics solutions. The company also delivers software product engineering and application management services. Additionally, Hexaware Technologies focuses on human capital management, finance transformation, supply chain transformation, SAP services, and infrastructure management services.

TypePublic
Founded1990
HQNavi Mumbai, IN
Websitehexaware.com
Employee Ratings3.6
Overall CultureB

Latest Updates

Employees (est.) (Sept 2020)19,407(+4%)
Revenue (FY, 2019)₹55.8 B(+21%)
Share Price (Nov 2020)₹470.8
Cybersecurity ratingBMore

Key People/Management at Hexaware

R Srikrishna

R Srikrishna

CEO & Executive Director
Vikash Kumar Jain

Vikash Kumar Jain

Chief Financial Officer
John Castleman

John Castleman

Chief Executive Officer, Mobiquity
Andy Norman

Andy Norman

Chief Operating Officer & General Manager, Mobiquity US
Vishwanath Joshi

Vishwanath Joshi

Chief People Officer
Ram Singampalli

Ram Singampalli

Chief Operating Officer
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Hexaware Office Locations

Hexaware has offices in Navi Mumbai, Bengaluru, Chennai, Coimbatore and in 24 other locations
Navi Mumbai, IN (HQ)
Bldg 1, Millennium Business Park, Sector 3 A Block, Mahape
Bengaluru, IN
16, Whitefield Main Rd Prestige shantiniketan, Whitefield Main Rd, Palm Meadows, Siddapura, Whitefield
Chennai, IN
283/3 And 283/4, OMR Road, SH 49A, Opposite KLA Tower, Kandancavadi
Chennai, IN
Chennai One SEZ, 5th Floor, North Block in Phase II Module 7& 8, Pallavaram, 200 Feet Radial Rd, Thoraipakkam
Chennai, IN
Hexaware Technologies,H5 SIPCOT IT PArk
Coimbatore, IN
Puliakulam Rd, Old Sangam, Puliakulam
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Hexaware Financials and Metrics

Hexaware Revenue

Hexaware's revenue was reported to be ₹55.83 b in FY, 2019 which is a 20.1% increase from the previous period.
INR

Revenue (Q3, 2020)

15.9b

Net income (Q3, 2020)

1.6b

EBIT (Q3, 2020)

2.0b

Market capitalization (5-Nov-2020)

141.3b

Closing stock price (5-Nov-2020)

470.8

Cash (30-Sept-2020)

9.3b

EV

139.9b
Hexaware's current market capitalization is ₹141.3 b.
Annual
INRFY, 2017FY, 2018FY, 2019

Revenue

39.4b46.5b55.8b

Revenue growth, %

12%18%20%

General and administrative expense

21.7b24.8b30.3b

R&D expense

7.4b10.3b11.8b
Quarterly
INRQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

10.5b11.4b12.1b12.6b13.1b14.8b15.4b15.7b15.9b

General and administrative expense

5.8b6.1b6.3b6.7b7.0b8.2b9.2b9.1b9.4b

R&D expense

2.1b2.5b2.7b3.1b2.9b2.9b2.8b2.9b2.7b

Operating expense total

9.0b9.8b10.2b10.9b11.2b12.8b13.6b13.6b13.7b
Annual
INRFY, 2017FY, 2018FY, 2019

Cash

5.1b8.1b2.3b

Accounts Receivable

5.4b8.0b3.5b

Current Assets

14.5b19.9b17.3b

PP&E

3.6b3.8b6.1b
Quarterly
INRQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.8b6.6b6.9b8.4b1.5b1.9b4.2b7.8b9.3b

Accounts Receivable

5.5b6.0b7.8b7.0b8.5b8.3b10.0b9.5b8.8b

Current Assets

16.1b17.8b19.2b20.0b14.8b15.6b19.9b23.0b22.9b

PP&E

3.6b3.6b3.7b4.2b4.6b4.6b5.8b6.3b6.2b
Annual
INRFY, 2017FY, 2018FY, 2019

Net Income

5.0b5.8b6.4b

Depreciation and Amortization

632.8m650.6m1.0b

Accounts Payable

368.1m1.2b334.7m

Cash From Operating Activities

4.8b5.5b6.0b
Quarterly
INRQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.3b2.9b4.6b1.4b2.9b4735.4t1.7b3.3b4.9b

Depreciation and Amortization

151.3m333.2m492.3m148.3m353.8m678.0m372.7m1.2b1.7b

Accounts Payable

80.7m269.7m101.0m(308.8m)266.5m(296.3m)(201.1m)964.2m1.2b

Cash From Operating Activities

1.9b2.6b3.2b1.5b2.9b4.6b1.9b6.9b10.3b
INRFY, 2017

Revenue/Employee

3.0m

Financial Leverage

1.3 x
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Hexaware Operating Metrics

Hexaware's New Customers was reported to be 15 in Q3, 2020.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

2021202030

DSO

49494650434745474947476051545159575751

Locations

3130303034

New Customers

37106730698315726141115
Show all operating metrics

Hexaware Acquisitions / Subsidiaries

Company NameDateDeal Size
MobiquityJune 14, 2019$182 m
FocusFrameNovember 06, 2006
Digitech Technologies Inc.
Experis Technology Solutions Pte. Ltd.
Guangzhou Hexaware Information Technologies Company Limited
Hexaware Technologies Asia Pacific Pte Limited
Hexaware Technologies Canada Limited
Hexaware Technologies DO Brazil Ltd , Brazil
Hexaware Technologies GmbH
Hexaware Technologies Hong Kong Limited
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Hexaware Revenue Breakdown

Embed Graph

Hexaware revenue breakdown by business segment: 14.6% from High-Tech & Professional Services, 17.3% from Manufacturing and Consumer, 19.5% from Healthcare and Insurance, 38.5% from Banking and Financial Services and 10.0% from Travel and Transportation

Hexaware revenue breakdown by geographic segment: 9.1% from APAC, 15.3% from Europe and 75.6% from Americas

Hexaware Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Hexaware Online and Social Media Presence

Embed Graph

Hexaware Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    79/100

  • Compensation

    D

    50/100

  • Diversity

    B-

    68/100

Learn more on Comparably

Hexaware News and Updates

Carlyle to Raise $1 Billion Debt to Acquire Hexaware, Mint Says

Carlyle to Raise $1 Billion Debt to Acquire Hexaware, Mint Says

Cloud Native Leader Lightbend Joins Forces with Global IT Services Giant Hexaware to Deliver Scalable Back-End Services for Business-Critical Applications

Hexaware to leverage Lightbend’s revolutionary reactive technology and innovative distributed state to enable joint customers to build scalable, resilient, cloud native services and applications Hexaware to leverage Lightbend’s revolutionary reactive technology and innovative distributed state to en…

Hexaware One of Only Four Providers to Have Four or More Standouts in the ISG Digital Case Study Awards™ for Their Best-in-Class Digital Transformation Work with Enterprise Customers

MUMBAI, India, Aug. 3, 2021 /PRNewswire/ -- Information Services Group (ISG), a leading technology research and advisory firm, recognized Hexaware, the fastest growing next-generation provider of IT and consulting services, as one of only four providers to have four or more standouts in...

Socotra and Hexaware Technologies announce strategic partnership for seamless global implementations

MUMBAI, India, July 14, 2021 /PRNewswire/ -- Hexaware Technologies, a leading global IT consulting and digital solutions provider, announced it has become a strategic partner and system integrator for Socotra, the first cloud-native core platform for insurers. As a Socotra Silver level...

Hexaware Launches Its New Brand Purpose Statement

MUMBAI, India, June 15, 2021 /PRNewswire/ -- Hexaware Technologies, the fastest growing next-generation provider of IT and consulting services has rolled-out a new purpose statement – 'Creating smiles through great people and technology'. With an ever-expanding portfolio of capabilities,...

Hexaware ranked in the Top 10 in IT services in the Brand Finance India 100 2021 Report

MUMBAI, India, June 4, 2021 /PRNewswire/ -- Hexaware, a leading global IT Consulting and digital transformation provider, has ranked 9th in IT services in the latest India 100 2021 report by Brand Finance, the world's leading brand valuation consultancy. In terms of brand value, Hexaware...
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Hexaware Blogs

Digital Banking – Delivering Frictionless Customer Experience

While Financial Institutions, over the last few decades have gradually added self-service digital channels, many institutions even today face challenges in those being adopted by their end customers.   Barring certain exceptions, such interfaces have not been able to deliver value to its true potent…

Realigning Technology as an Enabler for Accelerated Customer Engagement in Banking

Providing a great customer experience requires a culture and mindset of moving from customer satisfaction to a deeper level of customer engagement to extreme customer delight and finally to customer advocacy. It also requires the human touch for a great degree of personalization. When this has to be…

Empower Digital Banking to Transform the way Finance gets done

“The secret of change is to focus all of your energy, not on fighting the old, but on building the new.” – Socrates Change is inevitable and it always brings a tumultuous wave of new events that are not easy to accept. But accepting this change and initiating a fast-tracked, positive approach to mak…

Empathic Banking: Customer Engagement through Conversational AI

Customer experience/engagement done right can make all the difference not only to the bottom line, but also the institutional reputation. The scope of customer engagement is not limited to sales, support, or services but it is a continuous exercise by brands anticipating customers’ needs and keeping…

Top 5 Customer Experience Trends in Banking Industry

The unprecedented crisis and the newly emerging millennials are predetermining a radical transformation in the banking sector. What lends enterprises, especially financial ones, a winning edge is providing uninterrupted services and maintaining the same levels of professionalism in deliveries, even …

Hexaware named US and UK Leader in the ISG Provider Lens™ SAP HANA Ecosystem Services 2021 Quadrant Report

ISG (Information Services Group), a leading global technology research and advisory firm – which is known for its deep industry and technology expertise and world-class research and analytical capabilities – named Hexaware a US and UK Leader in SAP S/4HANA System Transformation – Midmarket, as well …
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Hexaware Frequently Asked Questions

  • When was Hexaware founded?

    Hexaware was founded in 1990.

  • Who are Hexaware key executives?

    Hexaware's key executives are R Srikrishna, Vikash Kumar Jain and John Castleman.

  • How many employees does Hexaware have?

    Hexaware has 19,407 employees.

  • What is Hexaware revenue?

    Latest Hexaware annual revenue is ₹55.8 b.

  • What is Hexaware revenue per employee?

    Latest Hexaware revenue per employee is ₹2.9 m.

  • Who are Hexaware competitors?

    Competitors of Hexaware include Coforge, Mphasis and Wipro.

  • Where is Hexaware headquarters?

    Hexaware headquarters is located at Bldg 1, Millennium Business Park, Sector 3 A Block, Mahape, Navi Mumbai.

  • Where are Hexaware offices?

    Hexaware has offices in Navi Mumbai, Bengaluru, Chennai, Coimbatore and in 24 other locations.

  • How many offices does Hexaware have?

    Hexaware has 33 offices.