Hexaware Technologies declared a second interim dividend of ₹9.50 per equity share for the financial year 2026. The board approved the payout via circular resolution on October 20, 2026, setting October 26, 2026, as the record date.

Dividend details and timeline

The company announced the declaration under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The dividend is paid on equity shares with a face value of ₹1 each. Shareholders whose names appear in the company’s records as of the record date will be eligible for the payout.

Regulatory compliance and disclosure

The board’s decision was communicated to both the National Stock Exchange of India Limited and BSE Limited. This intimation follows a previous update dated October 15, 2026. The information has also been hosted on the company’s official website for public access.

Gunjan Methi, Company Secretary and Compliance Officer, signed the digital filing confirming the board's approval through circular resolution. No further financial metrics such as revenue or profit figures were disclosed in this specific dividend declaration notice.

Hexaware Technologies has been positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services. The recognition underscores the company's strategy of delivering custom software through persistent engineering pods powered by its proprietary AI platform stack.

The company attributes this positioning to its talent model built around senior engineering expertise. Hexaware's proprietary platforms, including RapidX®, Agentverse™, and Tensai®, form the foundation of its AI-native delivery approach. These tools enable clients to accelerate software builds and modernization programs through pre-built AI agents and automated development lifecycles operating under human-supervised quality gates.

Strategic positioning in the market

Gartner evaluates vendors based on two axes: Completeness of Vision and Ability to Execute. In the 2026 report, Hexaware is placed in the Visionaries quadrant, alongside Thoughtworks. This quadrant indicates strong forward-looking strategies but potentially smaller market presence or execution scale compared to Leaders.

The broader landscape shows significant consolidation among global IT majors in the Leaders quadrant. Competitors such as Accenture, Deloitte, IBM, HCLTech, Cognizant, Capgemini, Infosys, NTT DATA, and EPAM occupy the top-right position, reflecting high execution capability and comprehensive vision.

Competitive landscape overview

The distribution of major IT services firms across the quadrants highlights distinct strategic clusters within the custom software development sector.

What the numbers show

The placement of Hexaware in the Visionaries quadrant, rather than the Leaders quadrant occupied by larger peers like Infosys and Wipro (who are in Challengers/Leaders respectively), suggests that while its strategic direction regarding AI integration is highly rated, its overall market share or execution breadth may still be developing relative to the industry giants. The absence of any companies in the Niche Players quadrant implies that all evaluated vendors have either significant scale or specialized high-value capabilities.