HFCL

Why is HFCL Ltd falling/rising?

As of 24-Aug, HFCL Ltd's stock price is rising to Rs 238.50, reflecting a 4.61% increase, supported by strong financial results and a new 52-week high. However, risks include a low long-term growth rate and a high percentage of pledged promoter shares.

As of 24-Aug, HFCL Ltd's stock price is rising, currently at Rs 238.50, reflecting a change of Rs 10.5 or 4.61% increase. This upward movement is supported by several positive factors. The stock has recently reached a new 52-week high of Rs 239.4 and has outperformed its sector by 4.24% today. Additionally, it has shown a strong performance over the past two days, gaining 6.66% in that period.<BR><BR>The company's financial results have been robust, with a remarkable growth in operating profit of 937.2% and net sales increasing by 119.85% in the latest quarter. The stock has consistently outperformed the benchmark Sensex, with a year-to-date return of 252.03% compared to the Sensex's decline of 9.21%. Furthermore, HFCL is trading above its moving averages across various time frames, indicating a strong bullish trend.<BR><BR>However, it is important to note that there are risks associated with the stock, such as a relatively low long-term growth rate in net sales and operating profit over the past five years. Additionally, a significant portion of promoter shares, 57.86%, is pledged, which could exert downward pressure in adverse market conditions. Despite these risks, the current performance metrics and recent financial results contribute to the stock's rising price.

Which are the latest news on HFCL?

Should I buy, sell or hold HFCL Ltd?

Who are in the management team of HFCL?

The management team of HFCL includes Mahendra Nahata (Managing Director), Arvind Kharabanda (Director), Manoj Baid (President & Company Secretary), R M Kastia (Director), and several Non-Executive & Independent Directors: Surendra Singh Sirohi, Tamali Sen Gupta, Bharat Pal Singh, and Ajay Kumar. They are responsible for guiding the company's strategic direction and operations.

The management team of HFCL includes the following key individuals:<BR><BR>1. **Mahendra Nahata** - Managing Director<BR>2. **Arvind Kharabanda** - Director<BR>3. **Manoj Baid** - President & Company Secretary<BR>4. **R M Kastia** - Director<BR>5. **Surendra Singh Sirohi** - Non-Executive & Independent Director<BR>6. **Tamali Sen Gupta** - Non-Executive & Independent Director<BR>7. **Bharat Pal Singh** - Non-Executive & Independent Director<BR>8. **Ajay Kumar** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

What does HFCL do?

HFCL Ltd is a telecom infrastructure enabler in the Small Cap market, specializing in equipment and accessories. As of June 2026, it reported net sales of ₹1,915 Cr and a net profit of ₹229 Cr, with a market cap of ₹34,898 Cr.

Overview:<BR>HFCL Ltd is a diverse telecom infrastructure enabler operating in the Telecom - Equipment & Accessories industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>HFCL Ltd was incorporated as a Public Limited Company on May 11, 1987, originally named Himachal Futuristic Communications Limited. The company's name was changed to 'HFCL Limited' effective from May 15, 2019. The latest quarterly results report net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,915 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 229 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 34,898 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 61.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.04% <BR>Debt-Equity: 0.25 <BR>Return on Equity: 6.37% <BR>Price to Book: 6.93 <BR><BR>Contact Details:<BR>Address: 8 Electronics Complex, Chambaghat Solan Himachal Pradesh : 173213 <BR>Tel: 91-1792-230644 <BR>Email: investor@hfcl.com/secretarial@hfcl.com <BR>Website: http://www.hfcl.com

Who are the peers of the HFCL?

HFCL's peers include Indus Towers, Sterlite Tech., ITI, Tejas Networks, Optiemus Infra, Vindhya Telelink, GTL Infra., Valiant Commun., and ADC India. In terms of performance, Sterlite Tech. leads with a 1-year return of 415.51%, while HFCL has a return of 217.37%.

Peers: The peers of HFCL are Indus Towers, Sterlite Tech., ITI, Tejas Networks, Optiemus Infra, Vindhya Telelink, GTL Infra., Valiant Commun., and ADC India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Valiant Commun. and ADC India, while Average management risk is found at Indus Towers, HFCL, Sterlite Tech., Tejas Networks, Vindhya Telelink, and the rest. Below Average management risk is present at ITI, Optiemus Infra, and GTL Infra. For growth, Excellent growth is noted at Valiant Commun., Good growth at Indus Towers, Optiemus Infra, and ADC India, while Average growth is seen at HFCL, Sterlite Tech., Tejas Networks, and the rest. Below Average growth is reported for ITI, Vindhya Telelink, and GTL Infra. In terms of capital structure, Excellent capital structure is found at Valiant Commun. and ADC India, Good capital structure at Indus Towers and HFCL, while Below Average capital structure is observed at Sterlite Tech., ITI, Tejas Networks, Vindhya Telelink, GTL Infra., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sterlite Tech. at 415.51%, while GTL Infra. has the lowest at -15.17%. HFCL's own 1-year return is 217.37%, which is significantly higher than GTL Infra.'s return but lower than Sterlite Tech.'s. Additionally, ITI and GTL Infra. are the peers whose six-month return is negative.

How big is HFCL?

As of 14th August, HFCL Ltd has a market capitalization of 34,178.35 Cr, with recent net sales of 5,993.23 Cr and a net profit of 572.58 Cr.

As of 14th August, HFCL Ltd has a market capitalization of 34,178.35 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, HFCL reported Net Sales of 5,993.23 Cr and a Net Profit of 572.58 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 4,079.15 Cr and Total Assets valued at 7,546.29 Cr.

Are HFCL Ltd latest results good or bad?

HFCL Ltd's latest Q1 FY27 results are strong, with revenue reaching ₹1,914.98 crores (up 119.85% year-on-year) and a net profit of ₹228.60 crores, reversing last year's loss. The company shows improved operational efficiency, but its premium stock valuation may require careful consideration for investors.

HFCL Ltd's latest results for Q1 FY27 are quite impressive and indicate a strong turnaround for the company. The revenue reached an all-time high of ₹1,914.98 crores, which represents a remarkable 119.85% year-on-year growth and a 4.98% sequential increase. This growth is largely attributed to robust demand in the telecom infrastructure sector, particularly driven by India's 5G rollout.<BR><BR>In terms of profitability, the net profit surged to ₹228.60 crores, marking a significant 28.07% increase from the previous quarter and a complete reversal from a loss in the same quarter last year. The operating profit margins expanded to 21.63%, up from 17.25% in the previous quarter, showcasing improved operational efficiency.<BR><BR>Overall, HFCL's performance reflects a strong operational turnaround, with improved margins and profitability metrics. However, it's worth noting that the stock is trading at a premium valuation, which may warrant careful consideration for potential investors.

When is the next results date for HFCL Ltd?

The next results date for HFCL Ltd is April 30, 2026.

The next results date for HFCL Ltd is scheduled for April 30, 2026.

Is HFCL technically bullish or bearish?

As of December 4, 2025, HFCL's technical stance is mildly bearish, driven by mixed indicators such as a mildly bullish weekly MACD, a bearish monthly MACD, and bearish daily moving averages, while the stock has significantly underperformed compared to the Sensex.

As of 4 December 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance for HFCL is mildly bearish. Key indicators driving this stance include the weekly MACD showing mildly bullish momentum, while the monthly MACD remains bearish. The RSI on a monthly basis is bullish, but the weekly RSI shows no signal. Moving averages on a daily basis indicate a bearish trend. Additionally, both the KST and Dow Theory are mildly bearish on a weekly basis, further supporting the overall mildly bearish outlook. The stock has underperformed significantly compared to the Sensex over various time frames, particularly in the 1-month and year-to-date periods.

How has been the historical performance of HFCL?

HFCL's historical performance shows a decline in net sales and profits, with net sales dropping from 4,743.31 Cr in Mar'23 to 4,064.52 Cr in Mar'25, and profit after tax decreasing to 172.90 Cr. However, total assets increased to 7,546.29 Cr, and cash flow from operating activities improved significantly to 396.00 Cr in Mar'25.

Answer:<BR>HFCL's historical performance shows a fluctuating trend in net sales and profits over the years, with net sales reaching 4,064.52 Cr in Mar'25, down from 4,465.05 Cr in Mar'24 and 4,743.31 Cr in Mar'23. The total operating income followed a similar pattern, reflecting a decrease from 4,465.05 Cr in Mar'24 to 4,064.52 Cr in Mar'25. Operating profit (PBDIT) also declined to 506.75 Cr in Mar'25 from 682.13 Cr in Mar'24. Profit before tax decreased to 216.23 Cr in Mar'25, down from 453.09 Cr in Mar'24, leading to a profit after tax of 172.90 Cr in Mar'25 compared to 336.59 Cr in Mar'24. The earnings per share (EPS) fell to 1.23 in Mar'25 from 2.29 in Mar'24. On the balance sheet, total assets increased to 7,546.29 Cr in Mar'25 from 6,486.83 Cr in Mar'24, while total liabilities also rose to 7,546.29 Cr from 6,486.83 Cr in the same period. The cash flow from operating activities improved significantly to 396.00 Cr in Mar'25, contrasting with a negative cash flow of -44.00 Cr in Mar'24.<BR><BR>Breakdown:<BR>HFCL's net sales have shown a decline from 4,743.31 Cr in Mar'23 to 4,064.52 Cr in Mar'25, indicating a downward trend in revenue. The total operating income mirrored this decline, dropping to 4,064.52 Cr in Mar'25. Operating profit (PBDIT) decreased to 506.75 Cr in Mar'25 from 682.13 Cr in Mar'24, while profit before tax fell to 216.23 Cr, leading to a profit after tax of 172.90 Cr in Mar'25. The earnings per share also decreased to 1.23 in Mar'25. On the balance sheet, total assets rose to 7,546.29 Cr, reflecting growth despite the increase in total liabilities to the same amount. Notably, cash flow from operating activities improved significantly to 396.00 Cr in Mar'25, contrasting sharply with the previous year's negative cash flow, indicating a recovery in operational efficiency.

Is HFCL overvalued or undervalued?

As of November 4, 2025, HFCL is fairly valued despite a high PE ratio of 398.76 and a low Price to Book Value of 0.27, indicating potential undervaluation relative to assets, while its performance metrics suggest it is not as overvalued as peers in the telecom equipment sector, despite underperforming the Sensex year-to-date.

As of 4 November 2025, HFCL's valuation grade has moved from expensive to fair, indicating a shift in its perceived value. The company is currently fairly valued despite its high PE ratio of 398.76, which suggests it may be overvalued compared to traditional benchmarks. However, its Price to Book Value stands at a low 0.27, indicating potential undervaluation relative to its assets. Additionally, the EV to EBITDA ratio is 56.66, which is high, yet it reflects the company's current market positioning.<BR><BR>When compared to peers, HFCL's valuation metrics stand out. For instance, Indus Towers is considered expensive with a PE of 11.3 and an EV to EBITDA of 5.96, while ITI is categorized as risky with a PE ratio of -589.23, indicating it is loss-making. The significant disparity in these ratios suggests that HFCL, while high in some metrics, is not as overvalued as its peers in the telecom equipment sector. Recent stock performance shows HFCL has underperformed the Sensex year-to-date, with a return of -31.87% compared to the Sensex's 6.81%, reinforcing the notion that it is currently fairly valued amidst a challenging market environment.

Who are the top shareholders of the HFCL?

The top shareholders of HFCL include Mn Ventures Private Limited with 18.98%, mutual funds holding 11.57%, and foreign institutional investors at 6.97%. Individual investors own 32.92%, with 49.72% of promoter holdings pledged.

The top shareholders of HFCL include a mix of institutional and individual investors. The largest promoter is Mn Ventures Private Limited, holding 18.98%. Additionally, there are significant stakes from mutual funds, with 40 schemes collectively holding 11.57%, and foreign institutional investors (FIIs) owning 6.97% through 148 different entities. The highest public shareholder is Quant Mutual Fund, specifically the Quant Active Fund, which holds 8.5%. Individual investors collectively own 32.92% of the company. It's worth noting that a substantial portion of the promoter holdings, specifically 49.72%, is pledged.

Has HFCL declared dividend?

HFCL Ltd has declared a 20% dividend, amounting to ₹0.2 per share, with an ex-date of September 23, 2024. While the dividend yield is 0.23%, recent total returns show significant fluctuations, with a total return of -30.6% over the last 6 months and 658.76% over the past 5 years.

HFCL Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.2<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.23%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.6%, with a dividend return of 0%, resulting in a total return of -30.6%.<BR><BR>Over the past year, the price return was -2.57%, the dividend return was 0.19%, leading to a total return of -2.38%.<BR><BR>In the 2-year period, there was a price return of 36.88%, a dividend return of 0.58%, culminating in a total return of 37.46%.<BR><BR>For the 3-year period, the price return stood at 43.86%, with a dividend return of 1.09%, resulting in a total return of 44.95%.<BR><BR>In the last 4 years, the price return was 98.44%, the dividend return was 1.10%, giving a total return of 99.54%.<BR><BR>Over the past 5 years, the price return reached 654.15%, with a dividend return of 4.61%, leading to a total return of 658.76%.<BR><BR>Overall, HFCL has declared a dividend, but the recent total returns indicate a mixed performance, with significant fluctuations in price returns across different periods. The dividend yield remains relatively low, suggesting that while dividends are being paid, the stock's price performance has varied widely.