C Vijayakumar Remuneration: Know All About HCLTech CEO's Pay Hike
HCLTech CEO C Vijayakumar’s FY26 remuneration rose by 66.9% to approximately INR 175 crore, largely due to long-term incentives and stock options. Based in the US, his total pay includes a USD 2.48 million base salary and USD 9.40 million from exercised RSUs, positioning him among the highest-paid executives in the Indian IT sector.
HCLTech Chief Executive Officer and Managing Director C Vijayakumar recorded a substantial increase in his total remuneration for the financial year 2025-26. According to the company's annual report, his total compensation reached $18.13 million, which translates to approximately INR 1.75 billion, representing a significant 66.9% rise compared to the previous fiscal year.
Vijayakumar, who is based in the United States, receives his compensation through HCL America Inc., a wholly owned subsidiary of the firm. As per a The Economic Times report, the sharp increase in his total earnings was driven largely by long-term incentives and the exercise of stock options. Intel Layoffs Fresh Round Announced Within Its Data Centre Group: Report.
Breakdown Of The Compensation Package
The executive's FY26 remuneration package comprised several distinct elements. This included a base salary of USD 2.48 million, a performance-linked bonus of USD 2 million, and additional benefits and perquisites totalling USD 0.31 million.
A significant portion of the total figure was attributed to long-term incentives. This included a cash component of USD 3.94 million and the perquisite value of Restricted Stock Units (RSUs) exercised during the year, which amounted to USD 9.40 million. Excluding the impact of these long-term incentives and RSU values, the growth in the CEO's remuneration would have been 22.86%. JPMorgan Cuts Jobs Amid AI Shift, CEO Jamie Dimon Warns of Competition: Report.
Comparative Pay In The Indian IT Sector
This compensation structure positions Vijayakumar at the higher end of the pay scale among his peers in the Indian information technology industry. For comparison, Tata Consultancy Services CEO and MD K Krithivasan earned a total remuneration of INR 28 crore in the same financial year, marking a 6.3% increase over the prior period.
(The above story first appeared on LatestLY on Jul 20, 2026 11:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).