Hexaware Technologies Limited is a global digital and technology services company with artificial intelligence (AI) at its core. It leverages technology to deliver innovative solutions that help customers in their digital transformation journey and subsequent operations. Company manages its business through six operating segments based on the industries they serve: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. Company's offerings encompass five broad services: Design & Build, Secure & Run, Data & AI, Optimize, and Cloud Services.
Strengths And Risks
+ Deep domain expertise: We leverage our deep expertise across our comprehensive portfolio of services, in-depth domain knowledge, and understanding of customer requirements to contextualize the use of different technologies
+ AI-led digital capabilities: We leveraged our domain expertise to develop three AI-enabled digital platforms that create value for our
customers across our service offerings: (1) RapidX™, for digital transformation, (2) Tensai®, for AI-powered
automation and (3) Amaze®, for cloud adoption
+ Long-term and embedded relationships: Company serves a diverse range of customers, including 31 Fortune 500 organizations. In the FY 2023, company derived approx 62% and nearly 83% of revenue from operations from customers with over USD 5,000 mn revenues and over USD 1,000 mn revenues.
+ Focused on customer acquisition: Company is focused on developing relationships with new customers across the Americas, Europe and APAC through its go-to-market strategy, which combines New Customer Acquisition, Account Management, Hybrid Sales and Overlay Sales teams.
- Regional concentration: Company derives approx 73% of its revenue from operations from the Americas and 20% revenue from its operations from Europe. Any adverse changes in economic conditions that negatively affect the economic health of the geographies and markets where they have a presence could affect business.
- Segment concentration: Company derives approx 28% & 21% of revenue from operations from customers in the Financial Services and Healthcare and Insurance operating segments. Any factors that negatively affect these operating segments could affect business.
- Forex risk: Company's reporting currency is in Indian rupees, and tgey transact a significant portion of business in several other currencies, primarily the U.S. Dollar, the British Pound, the Euro and the Mexican Peso which exposes them to currency fluctuation risk.
- Cyber security risk : IT business is vulnerable to cyber-attacks, computer viruses, ransomware and electronic break-ins which could disrupt operations. Business is also subject to evolving laws regarding privacy, data protection and other related matters.
FAQs What is the Hexaware Technologies Limited IPO? +
When will the IPO open? +
What is the lot size of the IPO? +
How to apply for an IPO? +
When will the IPO be allotted? +
When is the IPO listing date? +
