HFCL Limited share price
NSE: HFCL · ISIN INE548A01028
Key numbers
- Market cap
- ₹ 32,330 Cr
- Current price
- ₹ 211.27
- 52-week high / low
- ₹ 257 / 60
- Stock P/E
- 54.9
- Book value
- ₹ 33.2
- Dividend yield
- 0.09%
- ROCE
- 9.6%
- ROE
- 7.0%
- Debt to equity
- 0.39
- Sales growth (3 yrs)
- 1.3%
- Profit growth (3 yrs)
- 1.2%
- 1-year return
- 179.2%
About HFCL Limited
HFCL Limited manufactures and sells telecom products in India and internationally. The company offers optical fiber cables, such as underground, aerial, microduct, FTTH, and micromodule cables; access solutions, including Wi-Fi access points, network switches, unlicensed band radios, IO canvas unified network management platform, and accessories; IP/MPLS routers; 5G product portfolio comprising access routers/cell site routers and pre-aggregation and aggregation routers; fiber optic cable and copper cable assemblies, high-density cabinets, fiber splice joint closures, ethernet cabling products, and active optical components; and defence solutions, including electro optics, electronic fuzes, ground surveillance radar, high-capacity radio relay, and software defined radios. It also provides network solutions for public telecommunications, defence and railway communications, and system integration services. The company was formerly known as Himachal Futuristic Communications Limited and changed its name to HFCL Limited in October 2019. HFCL Limited was incorporated in 1987 and is based in New Delhi, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 801 | 871 | 1,211 | 1,824 | 1,915 |
| Operating profit | -36 | 28 | 228 | 315 | 414 |
| Net profit | -81 | -32 | 98 | 179 | 229 |
| EPS (₹) | -0.56 | -0.22 | 0.67 | 1.21 | 1.49 |
Concall summary (2026-07-29)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Consequently, our order book has strengthened to approximately ₹26,665 crore, which is not only all time high but is 5 times of FY26 revenue, providing healthy revenue visibility and supporting our confidence in the growth outlook for the Company.
- 336.93 crore in Q4FY26; • EBITDA margin in Q1FY27 stood at 23.25 % as compared to 4.93 % in Q1FY26 and 18.47 % for Q4 FY26. • Profit After Tax for Q1FY27 stood at Rs.
Growth & demand
- In our previous earnings call, we had outlined our aspiration for delivering around 20% revenue growth during FY27 supported by continued improvement in the quality and mix of revenues.
- Based on the progre ss achieved in the first quarter, healthy order inflows, favourable industry dynamics, expanding global opportunities and improving execution capabilities, we, to the best of our estimates, can raise our aspirations for FY27 to a revenue growth of 40% and above.
Margins & costs
- During our previous earnings call, we had indicated our aspiration of achieving EBITDA margins of over 20% during FY27.
- I am pleased to share that the Company has achieved EBITDA margin of more than 23.25% in the very first quarter itself.
Capex & expansion
- The expansion of our Optical Fibre manufacturing capacity from 28 million fibre kilometres to 34 million fibre kilometres is progressing well and will be completed by December 2026.
- Similarly, the expansion of our Optical Fibre Cable manufacturing capacity from 34 million fibre kilometres to 43 million fibre kilometres and expansions of Infrastructure for data centre connectivity solutions are also progressing as planned and are expected to be commissioned within the targeted timelines.
Balance sheet & cash
- A higher contribution from technology-led products, increasing exports, improved product mix, operating leverage and our continued focus on innovation are collectively driving stronger profitability.
- HFCL Limited July 22, 2026 So, it includes all the assets, whatever capex we are incurring or the receivable side, the inventory side because everything is being built on the incremental revenue now.
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