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HFCL Ltd

HFCL

HFCL Ltd

HFCL
Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹14,498 cr, stock is ranked 419
High RiskStock is 3.93x as volatile as Nifty
97.982.75% (-2.77)
97.982.75% (-2.77)

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Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹14,498 cr, stock is ranked 419
High RiskStock is 3.93x as volatile as Nifty

How to use scorecard? Learn more

Communication ServicesTelecom Equipments
SmallcapWith a market cap of ₹14,498 cr, stock is ranked 419
High RiskStock is 3.93x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.303.620.20%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-130.5511.770.34%

Forecast & Ratings

Detailed Forecast 
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Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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 

Feb 4, 2025

PDF
View Older Presentations
PE Ratio
-51.56
1Y Return
4.27%
Buy Reco %
—
PE Ratio
240.87
1Y Return
24.41%
Buy Reco %
100.00
PE Ratio
-100.63
1Y Return
20.92%
Buy Reco %
50.00
PE Ratio
7.02
1Y Return
36.88%
Buy Reco %
—
PE Ratio
55.33
1Y Return
25.95%
Buy Reco %
—
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,948.832,152.823,253.274,780.533,860.994,457.724,770.184,790.494,566.574,649.25
Raw Materialssubtract632.33601.431,350.912,363.831,403.392,422.612,217.252,545.342,190.773,909.47
Power & Fuel Costsubtract7.479.9411.6614.9616.3226.3335.1049.0443.95
Employee Costsubtract159.45152.49168.13199.76224.34252.85310.56348.19350.53
Selling & Administrative Expensessubtract251.13101.58117.47126.39129.21156.13189.28199.78219.68
Operating & Other expensessubtract1,654.411,079.031,297.851,617.461,572.611,019.591,331.23982.371,078.58
Depreciation/Amortizationsubtract26.1821.7523.2226.9741.9568.6378.2582.9781.7695.21
Interest & Other Itemssubtract61.5062.3963.6391.87114.82174.72166.40152.19147.28173.60
Taxes & Other Itemssubtract0.771.2852.53119.38131.1197.86128.99129.64124.21102.07
EPS1.260.991.351.751.781.862.352.192.342.56
DPS0.000.000.060.100.000.150.180.200.200.20
Payout ratio0.000.000.040.060.000.080.080.090.090.08

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
Nov 1PDF
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

Feb 4PDF
Oct 22PDF
 

Peers & Comparison

Comparing 3 stocks from 
Communication ServicesTelecom Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
HFCL Ltd43.963.620.20%
ITI Ltd-51.5616.44—
Tejas Networks Ltd240.874.82—
Sterlite Technologies Ltd-100.632.54—

Price Comparison

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

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 1.73%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Increased 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 increased by 1.73%

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding35.89%9.24%1.72%6.70%46.44%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '248.35%8.18%7.65%7.02%6.68%6.70%

Mutual Funds Holding Trend

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 almost stayed constant

Top 5 Mutual Funds holding HFCL Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.9860%2.87%-0.63%7/98 (-2)
0.7739%1.14%-0.25%18/67 (-1)
0.6702%7.01%-1.31%3/39 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

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

News & Opinions
Earnings
HFCL consolidated net profit declines 10.45% in the December 2024 quarter

Net profit of HFCL declined 10.45% to Rs 73.65 crore in the quarter ended December 2024 as against Rs 82.24 crore during the previous quarter ended December 2023. Sales declined 1.97% to Rs 1011.95 crore in the quarter ended December 2024 as against Rs 1032.31 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1011.951032.31 -2 OPM %15.0111.31 - PBDT125.78127.13 -1 PBT100.26107.86 -7 NP73.6582.24 -10 Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
HFCL wins order of Rs 1,412 cr from Rail Vikas Nigam

HFCL has successfully secured an advance purchase order aggregating to Rs 1412.48 crore for the supply of telecom equipment (Power Systems & Racks) along with the maintenance of these telecom equipment for a period of 10 years, for BharatNet Phase III project in Uttar Pradesh (East) Telecom circle and Uttar Pradesh (West) Telecom circle, from Rail Vikas Nigam (RVNL). Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
HFCL secures major BharatNet contract worth Rs 2,167 crore from RVNL

This contract, awarded under the Phase III of BharatNet, involves the supply of optical fiber cables, telecom equipment, and related accessories along with 10 years of annual maintenance, including a one-year warranty period. The project will be executed across the eastern and western telecom circles of Uttar Pradesh. The project has a three-year timeline for material supply and a ten-year maintenance period. The total contract value includes Rs 1,736.83 crore for capital expenditure and Rs 430.82 crore for operational expenditure. 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 rose 4.50% to Rs 73 crore on a 1.61% decline in revenue to Rs 1094 crore in Q2 September 2024 over Q2 September 2023. The scrip shed 0.54% to currently trade at Rs 100.40 on the BSE. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
HFCL wins order of Rs 2,167.65 cr from Rail Vikas Nigam

HFCL has secured advance purchase orders aggregating to Rs 2,167.65 crore for supply of optical fiber cables, telecom equipment & related accessories along with maintenance of the telecom equipment for 10 years including 01 year warranty period, for BharatNet Phase III in Uttar Pradesh (East) Telecom Circle and Uttar Pradesh (West) Telecom Circle, from Rail Vikas Nigam. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
HFCL to discuss results

HFCL will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
HFCL gains on bagging Rs 2,501-cr order from BSNL

The project involves the design, supply, construction, installation, upgrade, operation, and maintenance of the middle-mile network for BharatNet Phase III in the Punjab Telecom Circle. The contract will be executed under the design, build, operate, and maintain (DBOM) model, with the construction phase slated for completion in three years. Following that, a 10-year maintenance contract will be in place, with operational expenditure (OPEX) set at 5.5% per annum of CAPEX for the first five years and 6.5% per annum for the next five years. The total consideration includes Rs 1,244.61 crore for capital expenditure (capex), Rs 746.76 crore for the newly-constructed network's opex, and Rs 509.94 crore for the opex of the existing network. 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 rose 4.50% to Rs 73 crore on a 1.61% decline in revenue to Rs 1094 crore in Q2 September 2024 over Q2 September 2023.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
HFCL wins work order worth Rs 2,501 cr for BharatNet Phase III

HFCL has successfully secured an advance work order (AWO) aggregating to Rs 2,501.30 crore for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase III in the Punjab Telecom Circle, from Bharat Sanchar Nigam (BSNL).Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
HFCL inaugurates advance defence equipment manufacturing unit in Hosur

HFCL announced the inauguration of its advanced defence equipment manufacturing facility in Hosur, Tamil Nadu on 23 December 2024. This strategic milestone underlines HFCL's commitment to strengthening India's self-reliance in defense manufacturing, in line with the nation's Atmanirbhar Bharat vision. The new facility is dedicated to producing cutting-edge defense technologies, including HFCL's indigenously developed Thermal Weapon Sights, Electronic Fuzes, High Capacity Radio Relay (HCRR) systems and Surveillance Radars tailored to meet the evolving needs of India's armed forces. The facility is poised to manufacture up to 5,000 Thermal Weapon Sights, 250,000 Electronic Fuzes, 1,000 units each of High Capacity Radio Relays and Ground Surveillance Radars annually, addressing the critical requirements of India's armed forces and contributing to the nation's expanding defense export portfolio. The new facility is strategically designed to meet the growing demand for high-precision defense technologies. It features a 10,000 Class and 1,00,000 Class clean rooms facility for TI Core and Thermal Weapon Sights production, ensuring the highest standards of quality and reliability. With a strong focus on quality, reliability, and innovation, HFCL aims to emerge as a leader in defense technology, providing solutions that meet the stringent demands of modern military operations worldwide.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
HFCL wins multiple bids under BharatNet Phase III tenders

HFCL-Rail Vikas Nigam (RVNL)-Aerial Telecom Solutions, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam (BSNL), for bids valued at Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme of the Government of India. Additionally, the Consortium will be awarded 10 years of O&M order at an annual rate of 5.5% of capex for 1st five years and 6.5% for the subsequent five years which will be of worth Rs 4,155 crore, after commissioning of the first ring of network. HFCL has also emerged as the top bidder for Punjab circle for a bid value of Rs 1244 crore in the BharatNet Phase III tenders, on standalone basis. Furthermore, HFCL is expected to secure 10 years of O&M order valued at around Rs 746 crore with annual rates of 5.5% per annum of capex for 1st five years and 6.5% per annum of capex for next five years, after commissioning of the first ring of network.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
HFCL soars after Co's consortium emerges as L-1 bidder for BSNL project valued at Rs 6,925 crore

In a regulatory filing made during market hours today, the company announced HFCL-Rail Vikas Nigam (RVNL)-Aerial Telecom Solutions consortium has been declared as the lowest bidders by Bharat Sanchar Nigam (BSNL), for bids valued at Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase-III programme of the Government of India. Additionally, the consortium will be awarded 10 years of O&M order at an annual rate of 5.5% of capex for 1st five years and 6.5% for the subsequent five years which will be of worth Rs 4,155 crore, after commissioning of the first ring of network. HFCL has also emerged as the top bidder for Punjab circle for a bid value of Rs 1244 crore in the BharatNet phase III tenders, on standalone basis. Furthermore, HFCL is expected to secure 10 years of O&M order valued at around Rs 746 crore with annual rates of 5.5% per annum of capex for 1st five years and 6.5% per annum of capex for next five years, after commissioning of the first ring of network. The BharatNet Project is a landmark initiative by the Indian Government aimed at extending high-speed broadband connectivity to rural areas across the nation. Mahendra Nahata, managing director of HFCL said: 'Our proven track record in executing strategically critical projects, strengthens our standing as trusted partner of the Government of India. HFCL is well placed with a diverse product line that includes routers, optical fiber cables, fiber connectivity solutions, transport solutions, power management solutions etc., to address the needs of the BharatNet Phase III program. As a trusted BSNL partner, we look forward to continued collaborations and contributing significantly to the success of BharatNet Phase-III program.' 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 rose 4.50% to Rs 73 crore on 1.61% decline in revenue to Rs 1094 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live

3 months agoCapital Market - Live