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HFCL Ltd

HFCL Share Price

87.103.08% (+2.60)
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With a market cap of ₹12,565 cr, stock is ranked 463

Stock is 3.56x as volatile as Nifty

HFCL Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹12,565 cr, stock is ranked 463

Stock is 3.56x as volatile as Nifty

HFCL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
70.833.140.11%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
138.0712.240.57%

HFCL Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

HFCL Company Profile

Himachal Futuristic Communications Limited (HFCL) is a telecom company. The Company is a telecom infrastructure developer, system integrator, and manufacturer of telecom equipment and optical fiber cables.

Investor Presentation

View older 

May 23, 2025

PDF
View Older Presentations

HFCL Similar Stocks (Peers)

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HFCL Sentiment Analysis
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Crisp summary & key insights to decode earnings calls instantly

HFCL Stock Summary · February 2025

HFCL's recent financial performance reflects a complex landscape marked by both growth opportunities and operational challenges. While the company aims for significant revenue growth, targeting INR 10,000 crores, it faces hurdles such as delays in equipment delivery and lower demand in export markets, resulting in a shortfall in telecom product revenue. The strategic focus on expanding into 5G technologies and enhancing rural connectivity aligns with government initiatives, positioning HFCL favorably in the evolving telecommunications market. Despite current profitability pressures due to low capacity utilization in the fiber optic segment, optimism remains for improved order inflows and operational performance, particularly with a robust order book of approximately INR 10,400 crores. Overall, management expresses cautious optimism about future growth, especially in the defense sector and rural broadband initiatives, while acknowledging the need to adapt to external market conditions.

Key Points on Hfcl Stock
HFCL Stock Growth Drivers
7
  • Significant Contract Wins

    HFCL has secured substantial contracts under the BharatNet Phase III project, including an Advance Work

  • Expansion of Production Capabilities

    HFCL is actively enhancing its production capacities and operational efficiencies to meet the anticipated surge

HFCL Stock Challenges
6
  • Declining Financial Performance

    HFCL has reported a decrease in revenue for Q3 FY25, with figures at ₹1,011.95 Crores,

  • Operational Delays and Challenges

    The company is facing significant delays in testing electronic fuses due to a nine-month wait

HFCL Forecasts

HFCL Forecast

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

HFCL

Income

Balance Sheet

Cash Flow

HFCL Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -0.91%, vs industry avg of 3.9%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 30.75% to 23.39%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 8.44%, vs industry avg of -44.71%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue2,152.823,253.274,780.533,860.994,457.724,770.184,790.494,566.574,122.644,123.94
Raw Materialssubtract601.431,350.912,363.831,403.392,422.612,217.252,545.342,190.773,615.533,616.83
Power & Fuel Costsubtract9.9411.6614.9616.3226.3335.1049.0443.95
Employee Costsubtract152.49168.13199.76224.34252.85310.56348.19350.53
Selling & Administrative Expensessubtract101.58117.47126.39129.21156.13189.28199.78219.68
Operating & Other expensessubtract1,079.031,297.851,617.461,572.611,019.591,331.23982.371,078.58
Depreciation/Amortizationsubtract21.7523.2226.9741.9568.6378.2582.9781.76105.51105.51
Interest & Other Itemssubtract62.3963.6391.87114.82174.72166.40152.19147.28185.01185.01
Taxes & Other Itemssubtract1.2852.53119.38131.1197.86128.99129.64124.2139.1939.19
EPS0.991.351.751.781.862.352.192.341.231.23
DPS0.000.060.100.000.150.180.200.200.100.20
Payout ratio0.000.040.060.000.080.080.090.090.080.16

HFCL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Apr 29PDF
Jan 18PDF
FY 2023

Annual report

PDF

Investor Presentation

May 8PDF
Jan 24PDF
Oct 20PDF
Jul 23PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 27PDF
FY 2025

Annual Report Pending

Investor Presentation

May 23PDF
Feb 4PDF
Oct 22PDF
 

HFCL Past Performance & Peer Comparison

Comparing 3 stocks from 
Communication ServicesTelecom Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
HFCL Ltd70.833.140.11%
ITI Ltd-47.0815.01
Tejas Networks Ltd29.104.130.45%
Sterlite Technologies Ltd-28.571.74

HFCL Stock Price Comparison

Compare HFCL with any stock or ETF
Compare HFCL with any stock or ETF
HFCL
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HFCL Shareholdings

HFCL Promoter Holdings Trend

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 1.87%

High Pledged Promoter Holding
Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

HFCL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HFCL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding34.37%11.57%1.69%6.97%45.40%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

HFCL Shareholding History

Dec '23MarJunSepDec '24Mar8.18%7.65%7.02%6.68%6.70%6.97%

Mutual Funds Invested in HFCL

Increased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 2.33%

Top 5 Mutual Funds holding HFCL Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.5334%2.29%-0.33%11/103 (-5)
0.7231%0.95%-0.08%24/71 (-6)
0.6262%6.17%-0.57%5/41 (-3)

Compare 3-month MF holding change on Screener

HFCL Insider Trades & Bulk Stock Deals

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smallcases containing HFCL stock

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HFCL Events

HFCL Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HFCL has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.11%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.15 every year

Dividends

Corp. Actions

Announcements

Legal Orders

HFCL Upcoming Dividends

No upcoming dividends are available

HFCL Past Dividends

Cash Dividend

Ex DateEx DateSep 23, 2024

Final
Final | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Sep 23, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.18

Dividend/Share

0.18

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateSep 22, 2021

Final
Final | Div/Share: ₹0.15

Dividend/Share

0.15

Ex DateEx Date

Sep 22, 2021

Cash Dividend

Ex DateEx DateSep 19, 2019

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 19, 2019

HFCL Stock News & Opinions

Spotlight
HFCL reports dismal Q4 outcome

Revenue from operations tanked 39.61% year on year on to Rs 800.72 crore in the fourth quarter of FY25. The firm reported a pre-tax loss of Rs 104.93 crore in Q4 FY25, compared to a profit before tax of Rs 149.45 crore in Q4 FY24. Total expenses tumbled 22.85% year-on-year to Rs 918.19 crore during the quarter. Cost of materials/services consumed were Rs 785.63 crore (up 70.50% YoY), while finance costs were Rs 46.76 crore (up 74.72% YoY) during the period under review. The company reported a negative EBITDA of Rs 22.23 crore in Q4 FY25, against an EBITDA of Rs 209.29 crore in Q4 FY24. EBITDA margin stood at 2.79% in Q4 FY25, sharply lower than 15.78% in Q4 FY24. Commenting on the company's performance, Mahendra Nahata, Managing Director of HFCL, said: 'FY25 was a year of strategic progress amid transitional headwinds. Our financial performance was impacted by weak optical fiber cable demand, margin pressure from newly launched telecom products, and slower customer offtake in the EPC business. Despite these challenges, we focused on building a strong foundation for future growth. With an order book of Rs 9,967 crore and rising product demand, we expect overall performance to improve in FY26. The Optical Fiber and Optical Fiber Cable business is poised for significant revenue growth, backed by rising domestic and global demand. Fiber manufacturing and cable plant capacity utilization, which stood at 45% and 40% respectively in FY25, are ramping up to full utilization ' with the latter expected to reach full scale by July 2025. Our telecom product portfolio, including routers, 5G Fixed Wireless Access Terminals, Wi-Fi 7 access points, and high-capacity unlicensed band radios, will support revenue growth. In the Defence sector, we anticipate contributions starting Q2 FY26, with strong interest in Ground Surveillance Radars, Electronic Fuses, and a soon-to-be-commercialized Drone Detection Radar. We've secured a Rs 44.36 crore tactical cable order from the Indian Army via subsidiary HTL Ltd and emerged as L1 bidder for a ₹55 crore Electro Optic devices contract. Our wire harness business is supporting upgrades to fighter aircraft and T-72 tanks, and DRDO has approved tech transfer for two key defence products. A dedicated defence equipment facility has been established in Hosur, Tamil Nadu. To support the rise of hyperscale data centres globally, we've also bolstered our manufacturing capabilities for data centre-centric connectivity solutions ' a new revenue stream. Exports are a core part of our strategy, with meaningful traction in fiber optic cables, 5G CPEs, routers, Wi-Fi products, and FRP rods. We are also receiving defence equipment enquiries from global markets. With our strong order pipeline and capacity utilization reaching full scale, we expect revenue to grow by 25'30% in FY26. Looking ahead, with robust order inflow, strategic investments maturing, and growth across telecom, defence, and data connectivity, we are confident of a strong rebound in FY26. Our focus remains on innovation, global expansion, and long-term value creation.' The board of directors has approved a dividend of 10% for FY25, i.e., Rs 0.10 per equity share of face value Re 1 each, subject to shareholder approval at the upcoming annual general meeting (AGM). HFCL is engaged in business of manufacturing of range of products in optical fiber cable (OFC), optical fiber and telecom and networking equipment. The company also provides an end-to-end portfolio of integrated next generation optical and data networking solutions for telecommunication, defence communication and railway communication. Shares of HFCL rose 0.28% to Rs 84.74 on the BSE. Powered by Capital Market - Live

1 day agoCapital Market - Live
Earnings
HFCL reports consolidated net loss of Rs 81.44 crore in the March 2025 quarter

Net loss of HFCL reported to Rs 81.44 crore in the quarter ended March 2025 as against net profit of Rs 110.06 crore during the previous quarter ended March 2024. Sales declined 39.62% to Rs 800.72 crore in the quarter ended March 2025 as against Rs 1326.06 crore during the previous quarter ended March 2024. For the full year,net profit declined 46.21% to Rs 177.40 crore in the year ended March 2025 as against Rs 329.81 crore during the previous year ended March 2024. Sales declined 8.97% to Rs 4064.52 crore in the year ended March 2025 as against Rs 4465.05 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales800.721326.06 -40 4064.524465.05 -9 OPM %-4.6314.75 -11.0513.02 - PBDT-74.49169.59 PL 322.10535.78 -40 PBT-104.93149.45 PL 216.59454.02 -52 NP-81.44110.06 PL 177.40329.81 -46 Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Board of HFCL recommends final dividend

HFCL announced that the Board of Directors of the Company at its meeting held on 22 May 2025, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
HFCL gains as India clears path for 6G with 6GHz band deregulation

The Ministry of Communications, on 16 May 2025, released a proposal titled Use of Low Power and Very Low Power Wireless Access System including Radio Local Area Network in Lower 6 GHz band (Exemption from Licensing Requirement) Rules, 2025. The draft outlines regulatory freedom for the 5925'6425 MHz band, allowing certain wireless devices to operate without needing a license. This announcement is expected to unlock significant opportunities in the telecom equipment space. For HFCL, which is considered a front-runner in India's 6G hardware ecosystem, the move could lead to an uptick in domestic orders. Analysts see this as a foundational step toward enabling India's 6G ambitions while also supporting the expansion of high-speed public and private Wi-Fi networks. Under the new framework, wireless systems using this band will be allowed to function indoors and outdoors under specific power constraints, but only on a non-interference and shared-use basis. These devices must feature built-in antennas, comply with international safety standards, and undergo type approval, all of which set the stage for rapid adoption without compromising existing networks. While the proposal offers greater flexibility, it comes with restrictions. The use of such equipment will not be permitted on oil platforms, vehicles, boats, or aircraft (with the exception of those flying above 10,000 feet), and unmanned aerial vehicles have been specifically excluded. Devices must also adhere to strict emission limits to avoid disruption to other spectrum users. The draft is open for public and stakeholder comments for 30 days, until 15 June 2025. HFCL is engaged in business of manufacturing of range of products in optical fiber cable (OFC), optical fiber and telecom and networking equipment. The company also provide an end-to-end portfolio of integrated next generation optical and data networking solutions for telecommunication, defence communication and railway communication. The company's consolidated net profit declined 10.4% to Rs 73.65 crore on a 2% fall in revenue to Rs 1,011.95 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
HFCL wins orders of Rs 76.21 cr

HFCL has secured purchase orders of Rs 76.21 crore. These include an export order worth 6.91 Million (equivalent to ~Rs 59.19 crore), from an overseas telecommunications company; and a domestic order of Rs 17.02 crore from ITI. Powered by Capital Market - Live

5 days agoCapital Market - Live
Spotlight
HFCL bags Rs 157-cr order for BharatNet Phase III project in West Bengal

The order has been awarded by Tera Software, a consortium partner of ITI. The project involves the supply of different types of optical fiber cables and is scheduled to be executed over a period of three years. The company also clarified that the contract does not involve any related party transactions. It further confirmed that neither the promoter, the promoter group, nor any group companies have any interest in the awarding entity. HFCL is a leading technology company specializing in digital networks for telcos, enterprises, and governments. With its strong R&D expertise and global system integration services, HFCL offers innovative solutions like 5G RAN, 5G Transport, Wi-Fi, and defense electronics. The company has manufacturing plants in India and a global customer base, committed to quality and environmental sustainability. The company's consolidated net profit declined 10.4% to Rs 73.65 crore on a 2% fall in revenue to Rs 1,011.95 crore in Q3 December 2024 over Q3 December 2023. The counter shed 0.06% to Rs 81.88 on the BSE. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
HFCL wins order of Rs 157 cr for BharatNet project in West Bengal

HFCL has secured a purchase order aggregating to Rs 157 crore for the supply of various types of Optical Fiber Cables for the BharatNet Phase III Project in the West Bengal Telecom Circle, from Tera Software, a consortium partner of ITI. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
HFCL announces board meeting date

HFCL will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
HFCL arm bags supply contract from Indian Army

This indigenously manufactured solution features optical fiber cables capable of withstanding heavy armored vehicle loads and is equipped with specialized military-grade connectors designed for harsh and demanding environments. It is specifically engineered for mission-critical applications requiring rapid deployment of optical fiber communication links in challenging battlefield conditions. Lightweight and portable, it can be conveniently carried by infantry in a backpack. The said contract is expected to be executed by July 2025. HFCL is a leading technology company specializing in digital networks for telcos, enterprises, and governments. With its strong R&D expertise and global system integration services, HFCL offers innovative solutions like 5G RAN, 5G Transport, wi-fi, and defense electronics. The company has manufacturing plants in India and a global customer base, committed to quality and environmental sustainability. The company's consolidated net profit declined 10.4% to Rs 73.65 crore on 2% fell cin revenue to Rs 1,011.95 crore in Q3 December 2024 over Q3 December 2023. The counter added 1.05% to end at Rs 83.86 on Friday, 7 March 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
HFCL successfully enables robust connectivity at Maha Kumbh Mela 2025 in Prayagraj

HFCL announced that the company has successfully enabled robust connectivity at the Maha Kumbh Mela 2025 in Prayagraj, supporting one of the world's largest religious events, with over 660 million pilgrims attending in 45 days. The solution was conceptualized and offered in partnership with one of the leading operators who front-ended this mega requirement at the world's largest congregation of devotees. Additionally, HFCL also offered top-of-the-line security infrastructure solutions in partnership with a leading infrastructure provider. These deployments showcase HFCL's expertise in leveraging indigenous technology to deliver high-performance network solutions at scale. The sheer scale of the Kumbh Mela presented significant challenges for telecom operators and infrastructure providers, including network congestion in high-density zones, need for real-time video monitoring and reliable backhaul infrastructure to support millions of connected devices. HFCL's fully homegrown solutions successfully addressed these challenges by deploying a comprehensive network and surveillance system ensuring reliable connectivity, efficient crowd management, and enhanced public security. Through the strategic deployment of Wi-Fi Access Points, High Capacity Backhaul Radios, L2 Switches for the surveillance backbone, and a Video Management System, HFCL created a secure and connected environment for this large-scale event. The network infrastructure successfully handled unprecedented peak data traffic ever seen at a single spot per day, significantly offloading strain on cellular networks, and facilitating seamless digital access for over lakhs of unique users daily. To enhance connectivity, HFCL strategically deployed around 360 Wi-Fi hotspots, designed, developed and manufactured entirely in India, reaffirming its commitment to 'Make in India'. This infrastructure upgrade enabled pilgrims and event personnel to access real-time information and communicate effortlessly. Complementing this setup HFCL's High Capacity Backhaul Radios, provided critical backhaul support, efficiently transferring data from mobile networks (4G/5G) to the core infrastructure. This ensured high-speed internet access for users and connected devices, including Wi-Fi hotspots, CCTV cameras, and mobile phones, even during peak usage periods. Powered by Capital Market - Live

2 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of HFCL Ltd (HFCL) today?

    The share price of HFCL as on 23rd May 2025 is ₹87.10. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on HFCL Ltd (HFCL) share?

    The past returns of HFCL Ltd (HFCL) share are
    • Past 1 week: -6.39%
    • Past 1 month: -2.10%
    • Past 3 months: -2.58%
    • Past 6 months: -31.40%
    • Past 1 year: -15.96%
    • Past 3 years: 32.17%
    • Past 5 years: 860.23%

  3. What are the peers or stocks similar to HFCL Ltd (HFCL)?
  4. What is the dividend yield % of HFCL Ltd (HFCL) share?

    The current dividend yield of HFCL Ltd (HFCL) is 0.11.

  5. What is the market cap of HFCL Ltd (HFCL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of HFCL Ltd (HFCL) is ₹12565.68 Cr as of 23rd May 2025.

  6. What is the 52 week high and low of HFCL Ltd (HFCL) share?

    The 52-week high of HFCL Ltd (HFCL) is ₹171 and the 52-week low is ₹71.60.

  7. What is the PE and PB ratio of HFCL Ltd (HFCL) stock?

    The P/E (price-to-earnings) ratio of HFCL Ltd (HFCL) is 70.83. The P/B (price-to-book) ratio is 3.14.

  8. Which sector does HFCL Ltd (HFCL) belong to?

    HFCL Ltd (HFCL) belongs to the Communication Services sector & Telecom Equipments sub-sector.

  9. How to buy HFCL Ltd (HFCL) shares?

    You can directly buy HFCL Ltd (HFCL) shares on Tickertape. Simply sign up, connect your demat account and place your order.