HFCL

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.

how big is HFCL?

As of Jun 06, HFCL Ltd has a market capitalization of 13,181.70 Cr, with recent net sales of 4064.52 Cr and a net profit of 177.40 Cr. Shareholder's funds are 3,955.54 Cr and total assets are 6,486.83 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, HFCL Ltd has a market capitalization of 13,181.70 Cr, classifying it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, HFCL reported a sum of Net Sales amounting to 4064.52 Cr and a sum of Net Profit of 177.40 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 3,955.54 Cr, while the Total Assets stand at 6,486.83 Cr.

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.

Who are the peers of the HFCL?

HFCL's peers include Indus Towers, ITI, Tejas Networks, Optiemus Infra, Sterlite Tech., Vindhya Telelink, Suyog Telematics, Birla Cable, and Valiant Commun. Indus Towers shows excellent management and growth, while HFCL has a good capital structure but a 1-year return of -15.15%, better than Tejas Networks but worse than other peers.

Peers: The peers of HFCL are Indus Towers, ITI, Tejas Networks, Optiemus Infra, Sterlite Tech., Vindhya Telelink, GTL Infra., Suyog Telematics, Birla Cable, and Valiant Commun.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indus Towers and HFCL, while Average management risk is found at Tejas Networks, Optiemus Infra, Sterlite Tech., Vindhya Telelink, Suyog Telematics, Birla Cable, and Valiant Commun., and the rest have Below Average management risk. Growth is Excellent at Indus Towers and Tejas Networks, while Good growth is seen at Optiemus Infra and the rest have Below Average growth. HFCL and Suyog Telematics exhibit Good capital structure, while Indus Towers has Average capital structure, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Optiemus Infra at 146.46%, while the lowest is Tejas Networks at -39.49%. HFCL's own 1-year return is -15.15%, which is better than Tejas Networks but worse than all other peers. Additionally, several peers, including Tejas Networks, Sterlite Tech., Vindhya Telelink, GTL Infra., Suyog Telematics, and Birla Cable, have negative six-month returns.

Who are in the management team of HFCL?

As of March 2023, the management team of HFCL includes Mahendra Nahata (Managing Director), Arvind Kharabanda (Director), Manoj Baid (President & Company Secretary), R M Kastia (Director), and several independent directors: Surendra Singh Sirohi, Tamali Sen Gupta, Bharat Pal Singh, and Ajay Kumar. They oversee the company's operations and strategic direction.

As of March 2023, the management team of HFCL includes the following 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 is responsible for overseeing the company's operations and strategic direction.

What does HFCL do?

HFCL Ltd is a telecom infrastructure enabler in the Mid Cap market, specializing in equipment and accessories. As of March 2025, it reported net sales of ₹8,007 Cr and a net loss of ₹814 Cr, with a market cap of ₹11,908 Cr.

Overview: <BR>HFCL Ltd is a diverse telecom infrastructure enabler operating in the Telecom - Equipment & Accessories industry within the Mid 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 changed its name to 'HFCL Limited' effective from May 15, 2019. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 8,007 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -814 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 11,908 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 68.00 <BR>Industry P/E: 16 <BR>Dividend Yield: 0.24% <BR>Debt-Equity: 0.21 <BR>Return on Equity: 4.35% <BR>Price to Book: 2.92<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

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.

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 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.

When is the next results date for HFCL Ltd?

The next results date for HFCL Ltd is 03 February 2026.

The next results date for HFCL Ltd is scheduled for 03 February 2026.

Are HFCL Ltd latest results good or bad?

HFCL Ltd's latest Q3 FY26 results show a strong recovery with a 310.48% increase in net profit and a 19.78% rise in revenue quarter-on-quarter. However, year-on-year sales declined by 4.60%, and decreased promoter holding raises concerns about future confidence, making the overall results a mixed bag.

HFCL Ltd's latest results for Q3 FY26 show a significant recovery compared to the previous quarter, indicating a positive trend. The company reported a net profit of ₹67.86 crore, which is a remarkable increase of 310.48% quarter-on-quarter. Revenue also saw a healthy rise, reaching ₹1,043.34 crore, up 19.78% from Q2 FY26. Additionally, the operating margin improved dramatically to 18.24% from just 3.26% in the prior quarter, reflecting better project execution and cost management.<BR><BR>However, while the quarterly performance shows recovery, there are concerns when looking at year-on-year comparisons. The net sales declined by 4.60% compared to the same quarter last year, and the company continues to face challenges in the telecom infrastructure segment. Furthermore, the promoter holding has decreased to 28.29%, raising questions about confidence in the company's future.<BR><BR>Overall, while the latest results demonstrate a strong sequential recovery, the year-on-year decline and ongoing operational challenges suggest that the company still has significant hurdles to overcome. Thus, the results can be seen as a mixed bag—good in terms of recovery from the previous quarter, but concerning when viewed in the broader context of year-on-year performance and market confidence.

Should I buy, sell or hold HFCL Ltd?

Why is HFCL Ltd falling/rising?

As of 07-Feb, HFCL Ltd's stock price is at 70.93, down 0.15%. The stock has reversed a trend after four days of gains, showing a significant 29.05% decline over the past year, while financial metrics indicate low profitability and high valuation concerns.

As of 07-Feb, HFCL Ltd's stock price is currently at 70.93, reflecting a decrease of 0.11 (-0.15%). The stock has experienced a trend reversal, having fallen after four consecutive days of gains. Despite a recent uptick in performance, where the stock rose by 3.44% over the past week and 2.28% over the past month, it has a significant decline of 29.05% over the past year, indicating poor long-term growth.<BR><BR>The company's financial health shows a low Debt to EBITDA ratio of 1.36 times, suggesting a strong ability to service debt. However, the operating profit has decreased at an annual rate of -7.29% over the last five years, and the return on capital employed (ROCE) is notably low at 3.9. This has led to an expensive valuation with a 2.3 enterprise value to capital employed ratio.<BR><BR>Moreover, 56.93% of promoter shares are pledged, which can exert additional downward pressure on stock prices, especially in falling markets. The stock's performance has been below par both in the long term and near term, underperforming the BSE500 index over the last three years, one year, and three months. These factors collectively contribute to the stock's current decline.

Which are the latest news on HFCL?