Roshni Nadar Malhotra: HCLTech Chairperson Profile 2026

Roshni Nadar Malhotra is the Chairperson of HCLTech, not its CEO. She has chaired the board since July 2020, while day-to-day management sits with CEO and Managing Director C Vijayakumar. In the quarter to September 2026, HCLTech reported net income of ₹5,132 crore on revenue of ₹35,620 crore, which makes it India’s third-largest IT services company by revenue after TCS and Infosys.

Since a 2025 family gift of shares, she is also the largest shareholder in the HCL group. On the Hurun India Rich List 2026 she is the richest Indian woman. This profile covers her roles, her ownership and how the company has performed under her chairmanship.

Her Roles at HCL, Explained

Her titles are often confused, so here they are one by one:

She took over as HCLTech chairperson on 17 July 2020, when her father and HCL founder Shiv Nadar stepped down from the post. Media reports at the time described her as the first woman to chair a listed Indian IT company. Before that she had been vice chairperson of the HCLTech board.

Running the business day to day is the job of C Vijayakumar, CEO and Managing Director, and CFO Shiv Walia. Her role is governance and long-term direction: capital allocation, the board, acquisitions and the group’s wider investments.

Early Life and Career

She went to school at Vasant Valley School in Delhi. She then took an undergraduate degree in communications at Northwestern University, focusing on radio, TV and film, and an MBA from Northwestern’s Kellogg School of Management. She worked as a producer in news and television before joining the family business.

Within about a year of joining HCL she became Executive Director and CEO of HCL Corporation. Press reports of her appointment as HCL Corp CEO date to 2009. She has also served as an independent director of HDFC Asset Management Company and sits on the global board of The Nature Conservancy.

She is married to Shikhar Malhotra, vice chairman of HCL Healthcare. They married in 2010 and have two sons.

Ownership: The 2025 Share Gift

Control of the group changed hands in March 2025. Under gift deeds signed on 6 March 2025, Shiv Nadar transferred 47% of the shareholding in the two promoter vehicles, Vama Delhi and HCL Corp, to his daughter. Business Today reported that before the transfer he held 51% of each entity and she held 10.33%.

The gift made her the majority owner of both companies. Through them she gained voting control over Vama Delhi’s 44.17% stake and HCL Corp’s 0.17% stake in HCLTech, as well as the promoter holdings in HCL Infosystems. SEBI exempted the transfer from an open offer. The filings called it a family arrangement to streamline succession.

HCLTech’s Latest Results (Q2 FY27)

HCLTech announced results for the July–September 2026 quarter on 12 October 2026. Main figures:

Constant-currency revenue growth was a slower 2.6% year on year. The company kept its FY27 guidance of 2.5%–4% constant-currency growth and an EBIT margin band of 17.5%–18.5%. HCL Software was the weak spot, with revenue down 11.2% in constant currency, although its annual recurring revenue rose 7.8% to US$1.13 billion. The stock closed about 7.7% higher on NSE the next day, at roughly ₹1,317 (Kotak Neo).

Where HCLTech Ranks

On revenue reported for the September 2026 quarter, the order of India’s large IT services firms is: TCS (₹73,188 crore), Infosys (₹49,244 crore), HCLTech (₹35,620 crore) and Wipro (about ₹24,750 crore). Infosys’s numbers for the same quarter are covered in our Infosys Q2 results report. Our Top 10 IT Companies in India 2026 list has the wider ranking.

HCLTech is not India’s largest IT company. TCS holds that position on revenue, market value and headcount, and Infosys is second on revenue.

Strategy Under Her Chairmanship

Fortune estimates HCLTech’s annual revenue at about US$14.7 billion and says advanced AI services brought in US$620 million last year. AI is the headline strategy, and the Q2 FY27 numbers show that line growing much faster than the rest of the business. In the results statement she linked that growth to the decision to invest “across the AI stack”.

The group is also moving into semiconductors. Its joint venture with Foxconn has started building a chip-packaging plant in Uttar Pradesh, which Fortune values at US$440 million.

On governance, half of HCLTech’s board are now women. Fortune called this one of the highest shares among major global technology companies.

Wealth and Rankings (as of October 2026)

• Hurun India Rich List 2026 (released September 2026): ranked 5th in India, with family wealth of ₹2.78 lakh crore. She is the highest-placed woman on the list. Her 2025 figure was ₹2.84 lakh crore.
• Fortune Most Powerful Women Asia 2026: ranked No. 8.
• Candere Hurun India Women Leaders List 2026 (July 2026): top of the Wealth Multipliers category.
• Forbes World’s 100 Most Powerful Women: 60th in 2023 and 2024; 54th in 2019.

Kellogg School of Management gave her its Schaffner Award in 2023 for her work in society.

Philanthropy

The Shiv Nadar Foundation, where she is a trustee, runs schools and colleges, including Sri Sivasubramaniya Nadar College of Engineering in Chennai. VidyaGyan, which she chairs, is a leadership academy for rural students in Uttar Pradesh from low-income families. The Habitats Trust, which she founded in 2018, funds the protection of India’s natural habitats and native species.

For other women running large Indian companies, see our roundup of women CEOs and MDs leading India’s top companies in 2026 and our profile of Nykaa founder Falguni Nayar. More profiles are in our Women Leaders section.

Frequently Asked Questions

Is Roshni Nadar Malhotra the CEO of HCLTech?

No. She is Chairperson of HCLTech. The CEO and Managing Director is C Vijayakumar. She is CEO and Executive Director of HCL Corporation, the group’s promoter holding company.

When did Roshni Nadar Malhotra become chairperson of HCLTech?

In July 2020, when her father Shiv Nadar stepped down as chairman.

What is Roshni Nadar Malhotra’s net worth?

The Hurun India Rich List 2026, released in September 2026, put her and her family’s wealth at ₹2.78 lakh crore. That ranks fifth in India and first among Indian women.

What was HCLTech’s profit in Q2 FY27?

Net income was ₹5,132 crore for the quarter ended 30 September 2026, up 21.2% year on year, on revenue of ₹35,620 crore.