DRYiCE

Noida, India Founded: 2012 • Age: 14 yrs Listed
Provides cognitive computing-based virtual assistants for IT operations management.
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About DRYiCE

DRYiCE is a publicly listed company based in Noida (India) founded in 2012. It provides cognitive computing-based virtual assistants for IT operations management. It operates on a B2B model. The company has 641 employees. Its Indian entity Hcl Technologies Limited reported revenue of ₹131,674 Cr. Its focus areas include Artificial Intelligence, Cognitive Computing and Virtual Assistants.

Company details

DRYiCE provides cognitive computing-based virtual assistants for it operations management through leveraging cutting-edge technology, developing AI-driven solutions, cognitive computing, and virtual assistants. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Technology → Natural Language & Voice AI
Key Metrics
  • Market Cap
    ₹3,87,539 Cr

    HCLTECH · NSE

  • Share Price
    ₹1,434.00

    +0.41% today

  • Revenue
    ₹1,30,144 Cr

    FY 2025-26 · +11.2% YoY

  • EBITDA
    ₹25,796 Cr

    Margin 19.8%

  • Net Profit
    ₹17,242 Cr

    FY 2025-26 · +0.6% YoY

  • P/E (TTM)
    20.4x

    P/B 5.1x

  • ROE
    23.0%

    ROCE 27.9%

  • Debt / Equity
    0.08

    Interest cover 4.0x

  • Employee Count
    641

Board of directors of Hcl Technologies Limited (DRYiCE)

Hcl Technologies Limited is the primary company behind DRYiCE. The board of Hcl Technologies Limited currently have 11 directors; the longest-serving is Roshni Nadar Malhotra, appointed in 2013. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Roshni Nadar Malhotra
DIN 02346621
Director29 Jul 201313 yrs 3 moHcl Technologies Limited
Deepak Kapoor
DIN 00162957
Director26 Jul 20179 yrs 3 moHcl Technologies Limited
Shikhar Neelkamal Malhotra
DIN 00779720
Director22 Oct 20197 yrsHcl Technologies Limited
Simon John England
DIN 08664595
Director16 Jan 20206 yrs 9 moHcl Technologies Limited
Vanitha Narayanan
DIN 06488655
Director19 Jul 20215 yrs 3 moHcl Technologies Limited
Vijayakumar Chinnaswamy
DIN 09244485
Managing Director20 Jul 20215 yrs 3 moHcl Technologies Limited
Balasubramanian Bhavani
DIN 09194973
Director12 Jan 20242 yrs 9 moHcl Technologies Limited
Chew Lee Fang
DIN 02112309
Director25 Apr 20242 yrs 6 moHcl Technologies Limited
Amitabh Kant
DIN 00222708
Director08 Sep 20251 yr 1 moHcl Technologies Limited
Kimsuka Narsimhan
DIN 02102783
Director20 Apr 20266 moHcl Technologies Limited
Jacob Christian Dahl
DIN 11758422
Director13 Jul 20263 moHcl Technologies Limited

IPO & Listings of DRYiCE

DRYiCE is a publicly listed company on the NSE with ticker symbol HCLTECH in India, operating in the IT - Software sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: HCLTECH
  • Listed entityHcl Technologies Limited
  • Exchange sectorIT - Software

Financials of DRYiCE

Exchange-reported figures of Hcl Technologies Limited, the listed company behind DRYiCE (NSE: HCLTECH).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,30,144 Cr
+11.2% YoY
EBITDA
₹25,796 Cr
+1.1% YoY
Profit After Tax
₹17,242 Cr
+0.6% YoY
Net Worth
₹75,165 Cr
+7.9% YoY
Total Assets
₹85,049 Cr
+7.0% YoY
Total Debt
₹5,215 Cr
-16.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,30,1441,17,0551,09,9131,01,45685,65175,37970,676
Revenue growth+11.2%+6.5%+8.3%+18.5%+13.6%+6.7%-
EBITDA25,79625,50424,19822,62820,52920,04817,316
EBITDA margin+19.8%+21.8%+22.0%+22.3%+24.0%+26.6%+24.5%
Profit before tax22,10223,26120,96719,48816,95115,85313,980
Net profit17,24217,13715,57314,64913,40510,99410,958
Net profit margin+13.3%+14.6%+14.2%+14.4%+15.7%+14.6%+15.5%
EPS (₹)61.3064.0557.8354.7049.7241.0540.73
Balance sheet
Total assets85,04979,45877,47472,83870,90769,79762,048
Net worth75,16569,65568,26365,40561,91459,91351,267
Total debt5,2156,2765,7564,7946,3436,8647,986
Cash & bank23,42521,28920,15014,72412,6368,8884,976
Net working capital33,75430,16530,75627,78023,78820,02810,660
Cash flow
Cash from operations19,97522,26122,44818,00916,90019,61813,359
Cash from investing(656)(4,896)(6,608)(3,573)1,597(5,665)(12,332)
Cash from financing(19,369)(18,561)(15,464)(15,881)(14,508)(11,192)(3,168)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue35,62034,57933,98133,87231,94230,34930,24629,890
Revenue growth (YoY)+11.5%+13.9%+12.4%+13.3%+10.7%+8.2%--
Other income234361322385415456449477
EBITDA7,4396,8706,7126,4566,5456,0356,4826,860
EBITDA margin+20.9%+19.9%+19.8%+19.1%+20.5%+19.9%+21.4%+23.0%
Depreciation1,0121,0391,0921,1271,0431,0931,0401,039
Interest19484.00240205215209156166
Profit before tax6,4676,1085,7025,5095,7025,1895,7356,132
Tax1,3351,4821,2121,4271,4661,3451,4261,538
Net profit5,1324,6264,4904,0824,2363,8444,3094,594
EPS (₹)18.9317.0916.5915.0515.6114.1715.8816.93
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue55,03151,10548,11846,27640,63835,67332,666
Revenue growth+7.7%+6.2%+4.0%+13.9%+13.9%+9.2%-
EBITDA10,37817,71616,87616,24315,11214,43512,764
EBITDA margin+18.9%+34.7%+35.1%+35.1%+37.2%+40.5%+39.1%
Profit before tax10,02416,47415,45614,71613,26812,41011,178
Net profit12,36012,03911,56111,25710,7788,5928,885
Net profit margin+22.5%+23.6%+24.0%+24.3%+26.5%+24.1%+27.2%
EPS (₹)28.0945.1843.0042.2140.0532.2033.03
Balance sheet
Total assets29,34237,42341,61543,00544,60545,50440,011
Net worth25,89834,94039,47041,10442,59143,55337,546
Total debt9881,0419147998809431,018
Cash & bank3,7944,4397,6296,2314,8495,0561,294
Net working capital2,3807,91912,51713,11412,03011,2523,132
Cash flow
Cash from operations12,12915,99115,28213,53810,59115,7659,911
Cash from investing3,5611,017(2,339)(804)2,215(4,534)(11,148)
Cash from financing(15,681)(17,253)(14,480)(13,267)(12,775)(9,649)(1,997)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15,44514,33712,89015,23913,82913,07313,43213,274
Revenue growth (YoY)+11.7%+9.7%-4.0%+14.8%+9.6%+10.9%--
Other income6534,4011,245291325344285344
Total expenses10,44810,17915,35910,7979,5978,9009,0228,287
EBITDA4,9974,158(2,469)4,4424,2324,1734,4104,987
EBITDA margin+32.4%+29.0%-19.2%+29.1%+30.6%+31.9%+32.8%+37.6%
Depreciation526529555630560571577613
Interest59.0045.0029.0063.0078.0073.0041.0038.00
Profit before tax5,0657,985(1,808)4,0403,9193,8734,0774,680
Tax763960(908)1,0581,2629851,0321,154

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue35,62034,57933,98133,87231,94230,34930,24629,890
Revenue growth (YoY)+11.5%+13.9%+12.4%+13.3%+10.7%+8.2%--
Other income234361322385415456449477
EBITDA7,4396,8706,7126,4566,5456,0356,4826,860
EBITDA margin+20.9%+19.9%+19.8%+19.1%+20.5%+19.9%+21.4%+23.0%
Depreciation1,0121,0391,0921,1271,0431,0931,0401,039
Interest19484.00240205215209156166
Profit before tax6,4676,1085,7025,5095,7025,1895,7356,132
Tax1,3351,4821,2121,4271,4661,3451,4261,538
Net profit5,1324,6264,4904,0824,2363,8444,3094,594
EPS (₹)18.9317.0916.5915.0515.6114.1715.8816.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,30,1441,17,0551,09,9131,01,45685,65175,37970,676
Revenue growth+11.2%+6.5%+8.3%+18.5%+13.6%+6.7%-
Other income1,5302,4851,4951,3581,067927589
Total expenses1,04,34891,55185,71578,82865,12255,33153,360
Employee cost74,14366,75562,48055,28046,13038,85334,928
EBITDA25,79625,50424,19822,62820,52920,04817,316
EBITDA margin+19.8%+21.8%+22.0%+22.3%+24.0%+26.6%+24.5%
Depreciation4,3554,0844,1734,1454,3264,6113,420
Interest869644553353319511505
Profit before tax22,10223,26120,96719,48816,95115,85313,980
Tax5,4505,8625,2574,6433,4284,6842,923
Net profit17,24217,13715,57314,64913,40510,99410,958
Net profit margin+13.3%+14.6%+14.2%+14.4%+15.7%+14.6%+15.5%
EPS (₹)61.3064.0557.8354.7049.7241.0540.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital543543543543543543543
Reserves & surplus74,62269,11267,72064,86261,37159,37050,724
Shareholders' funds (net worth)75,16569,65568,26365,40561,91459,91351,267
Minority interest32.0018.008.00(7.00)92.00169154
Secured loans78.0012117667.0050.0047350.00
Unsecured loans5,1376,1555,5804,7276,2936,3917,936
Total debt5,2156,2765,7564,7946,3436,8647,986
Total liabilities85,04979,45877,47472,83870,90769,79762,048
Assets
Gross block65,03560,59555,95052,59150,08949,32147,869
Net block37,29736,17235,06334,61935,07737,14537,490
Capital work in progress14259.0010840.00129312400
Investments7,0907,5647,1375,4956,3516,8627,066
Inventories23913318522816194.0091.00
Sundry debtors31,54125,84225,52125,50620,67117,52514,131
Cash & bank balances23,42521,28920,15014,72412,6368,8884,976
Loans & advances8,3777,3726,4327,7348,3349,77112,233
Total current assets63,58254,63652,28848,19241,80236,27831,431
Total current liabilities29,82824,47121,53220,41218,01416,25020,771
Net working capital33,75430,16530,75627,78023,78820,02810,660
Total assets85,04979,45877,47472,83870,90769,79762,048
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash8,2459,4419,06510,5106,5213,7605,901
Net cash from operating activities19,97522,26122,44818,00916,90019,61813,359
Net cash from investing activities(656)(4,896)(6,608)(3,573)1,597(5,665)(12,332)
Net cash from financing activities(19,369)(18,561)(15,464)(15,881)(14,508)(11,192)(3,168)
Net change in cash(50.00)(1,196)376(1,445)3,9892,761(2,141)
Closing cash23,42521,28920,15014,72412,6368,8884,976
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.2%+6.5%+8.3%+18.5%+13.6%+6.7%-
EBITDA growth+1.1%+5.4%+6.9%+10.2%+2.4%+15.8%-
PBT growth-5.0%+10.9%+7.6%+15.0%+6.9%+13.4%+10.8%
Net income growth+0.6%+10.0%+6.3%+9.3%+21.9%+0.3%-
Revenue CAGR (3Y)+8.7%+11.0%+13.4%+12.8%+12.3%+14.2%+14.1%
EBITDA CAGR (3Y)+4.5%+7.5%+6.5%+9.3%+13.8%+21.3%+18.6%
Profitability & leverage
Net income margin+12.8%+14.9%+14.3%+14.6%+15.8%+14.8%+15.6%
Return on capital employed+27.9%+30.5%+28.6%+27.6%+24.6%+24.9%+26.6%
Return on net worth+23.0%+25.2%+23.5%+23.3%+22.2%+20.1%+23.9%
Debt / equity0.080.090.080.090.110.130.13
Long-term debt / equity0.040.050.060.070.090.100.09
Interest cover4.053.012.761.911.973.313.63
Efficiency & per share
Fixed asset turnover2.072.012.031.981.721.551.80
Inventory turnover699.70736.19532.27521.62671.77814.91776.66
Debtors turnover4.544.564.314.394.484.765.47
EPS (₹)61.3064.0557.8354.7049.7241.0540.73
Dividend per share (₹)54.0060.0052.0048.0042.0010.0010.00
Book value per share (₹)276.85256.56251.43240.90228.04220.67188.83
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15,44514,33712,89015,23913,82913,07313,43213,274
Revenue growth (YoY)+11.7%+9.7%-4.0%+14.8%+9.6%+10.9%--
Other income6534,4011,245291325344285344
Total expenses10,44810,17915,35910,7979,5978,9009,0228,287
EBITDA4,9974,158(2,469)4,4424,2324,1734,4104,987
EBITDA margin+32.4%+29.0%-19.2%+29.1%+30.6%+31.9%+32.8%+37.6%
Depreciation526529555630560571577613
Interest59.0045.0029.0063.0078.0073.0041.0038.00
Profit before tax5,0657,985(1,808)4,0403,9193,8734,0774,680
Tax763960(908)1,0581,2629851,0321,154
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue55,03151,10548,11846,27640,63835,67332,666
Revenue growth+7.7%+6.2%+4.0%+13.9%+13.9%+9.2%-
Other income2,2051,2341,0761,031880965613
Total expenses44,65333,38931,24230,03325,52621,23819,902
Employee cost25,32322,41420,96519,79915,87211,7499,955
EBITDA10,37817,71616,87616,24315,11214,43512,764
EBITDA margin+18.9%+34.7%+35.1%+35.1%+37.2%+40.5%+39.1%
Depreciation2,3162,3202,3712,4312,6152,8131,959
Interest243156125127109177240
Profit before tax10,02416,47415,45614,71613,26812,41011,178
Tax2,3974,2083,7823,2572,3943,6672,209
Net profit12,36012,03911,56111,25710,7788,5928,885
Net profit margin+22.5%+23.6%+24.0%+24.3%+26.5%+24.1%+27.2%
EPS (₹)28.0945.1843.0042.2140.0532.2033.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital543543543543543543543
Reserves & surplus25,35534,39738,92740,56142,04843,01037,003
Shareholders' funds (net worth)25,89834,94039,47041,10442,59143,55337,546
Secured loans10.0023.0042.0059.0050.0049.0050.00
Unsecured loans9781,018872740830894968
Total debt9881,0419147998809431,018
Total liabilities29,34237,42341,61543,00544,60545,50440,011
Assets
Gross block33,18432,71430,71530,35429,90829,04228,973
Net block14,82916,21816,33317,93519,52420,90522,643
Capital work in progress96.0029.0022.0021.0079.00245311
Investments11,54612,31711,84110,15911,09611,64611,039
Inventories12.0012.0025.0035.0023.0018.0015.00
Sundry debtors13,41914,68512,15812,91311,1475,2177,525
Cash & bank balances3,7944,4397,6296,2314,8495,0561,294
Loans & advances2,4442,5422,9324,2904,82910,8188,125
Total current assets19,66921,67822,74423,46920,84821,10916,959
Total current liabilities17,28913,75910,22710,3558,8189,85713,827
Net working capital2,3807,91912,51713,11412,03011,2523,132
Total assets29,34237,42341,61543,00544,60545,50440,011
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5928372,3742,9072,8761,2944,528
Net cash from operating activities12,12915,99115,28213,53810,59115,7659,911
Net cash from investing activities3,5611,017(2,339)(804)2,215(4,534)(11,148)
Net cash from financing activities(15,681)(17,253)(14,480)(13,267)(12,775)(9,649)(1,997)
Net change in cash9.00(245)(1,537)(533)31.001,582(3,234)
Closing cash3,7944,4397,6296,2314,8495,0561,294
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.7%+6.2%+4.0%+13.9%+13.9%+9.2%-
EBITDA growth-41.4%+5.0%+3.9%+7.5%+4.7%+13.1%-
PBT growth-39.2%+6.6%+5.0%+10.9%+6.9%+11.0%+12.6%
Net income growth+2.7%+4.1%+2.7%+4.4%+25.5%-3.3%-
Revenue CAGR (3Y)+6.0%+7.9%+10.5%+12.3%+16.0%+17.4%+19.1%
EBITDA CAGR (3Y)-13.9%+5.4%+5.4%+8.4%+13.2%+15.6%+17.6%
Profitability & leverage
Net income margin+13.9%+24.0%+24.3%+24.8%+26.8%+24.5%+27.5%
Return on capital employed+50.3%+42.1%+36.8%+33.9%+29.7%+29.4%+32.1%
Return on net worth+40.6%+33.0%+29.0%+27.4%+25.3%+21.6%+26.4%
Debt / equity0.030.030.020.020.020.020.02
Long-term debt / equity0.020.020.010.010.020.020.01
Interest cover3.011.010.860.920.871.522.22
Efficiency & per share
Fixed asset turnover1.671.611.581.541.381.231.44
Inventory turnover4,585.922,762.431,603.931,595.721,982.342,162.001,979.76
Debtors turnover3.923.813.843.854.975.604.74
EPS (₹)28.0945.1843.0042.2140.0532.2033.03
Dividend per share (₹)54.0060.0052.0048.0042.0010.0010.00
Book value per share (₹)95.39128.69145.38151.40156.87160.42138.29
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Frequently Asked Questions about DRYiCE

DRYiCE was founded in 2012.

DRYiCE is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

DRYiCE has 641 employees.

The primary company behind DRYiCE, Hcl Technologies Limited, reported revenue of ₹131,674 Cr for FY 2026, up 11% year on year.

DRYiCE provides cognitive computing-based virtual assistants for it operations management through leveraging cutting-edge technology, developing AI-driven solutions, cognitive computing, and virtual assistants. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Yes, DRYiCE is publicly traded on NSE under the ticker symbol HCLTECH.

DRYiCE operates through Hcl Technologies Limited.

The legal entities of DRYiCE currently have 13 directors, including Vijayakumar Chinnaswamy, Vanitha Narayanan, Deepak Kapoor and others.

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