
HFCL Latest Share Price (HFCL)
TODAY IN ONE LINE
HFCL is little changed at ₹238.01 on light volume — a quiet consolidation day, supported by recent strong earnings.
With a market cap of ₹36,581.4 Cr., it trades at a P/E of 63.26. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
HFCL flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Quarterly OutperformanceLatest quarter Sales up 128.0% and Profit up 319.0%
- ●Healthy Operating MarginsOPM is structurally strong at 15.4%
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Poor Capital ReturnsLow ROE of 7.0%
- ●Expensive ValuationTrading at a high P/E ratio of 104.1x
- ●Promoter SellingPromoter holding decreased by 1.56% QoQ
Latest HFCL News
What changed recently?
Recent events, corporate actions, and announcements.
HFCL Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for HFCL Limited, framed against the sector median so the premium or discount is obvious at a glance.
HFCL Limited trades at a P/E of 63.26× and P/B of 7.46×, against the Telecommunication sector median P/E of 18.90×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
HFCL Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for HFCL Limited — derived from the latest tape, not yesterday's close.
HFCL Limited last traded at ₹238.01 with an intraday range of ₹235.65–₹244.3 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹238.01| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 260.29 | +22.28 | +9.36% |
| R3 | 251.64 | +13.63 | +5.73% |
| R2 | 247.97 | +9.96 | +4.18% |
| R1 | 242.99 | +4.98 | +2.09% |
| PIVOT | 239.32 | 1.31 | 0.55% |
| CURRENT | 238.01 | — | — |
| S1 | 234.34 | -3.67 | -1.54% |
| S2 | 230.67 | -7.34 | -3.08% |
| S3 | 225.69 | -12.32 | -5.18% |
| S4 | 217.04 | -20.97 | -8.81% |
HFCL is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹235.65–₹244.3
Trading Inside opening range
HFCL Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for HFCL Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
HFCL Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹36,581.4 Cr. and reported EPS of ₹3.85.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 4,065 | 4,949 ▲ 21.8% |
| Sales Growth YoY %Derived | -8.97% | 21.77% |
| Other Income | 58 | 65 ▲ 13.0% |
| Total Income | 4,122 | 5,015 ▲ 21.6% |
| 2,944 | 3,202 ▲ 8.8% | |
| Gross ProfitDerived | 1,121 | 1,747 ▲ 55.9% |
| Gross Margin %Derived | 27.57% | 35.31% |
| 672 | 985 ▲ 46.7% | |
| EBITDA (Operating Profit)Derived | 449 | 762 ▲ 69.7% |
| OPM %Derived | 11.05% | 15.39% |
| 291 | 399 ▲ 37.5% | |
| Profit Before Tax (PBT) | 216 | 428 ▲ 97.8% |
| 43 | 98 ▲ 126.7% | |
| Effective Tax %Derived | 20.04% | 22.97% |
| Total Profit for Period | 173 | 329 ▲ 90.1% |
| Less: Non-controlling Interests | -4 | 18 ▲ 527.5% |
| Net Profit (Owner's PAT)Derived | 177 | 312 ▲ 75.7% |
| Net Profit Margin %Derived | 4.36% | 6.30% |
| PAT Growth YoY %Derived | -46.21% | 75.73% |
| Earnings Per Share (EPS ₹) | 1.23 | 2.04 ▲ 65.9% |
| Diluted Shares Outstanding (Cr) | 144 | 153 ▲ 6.1% |
| Share of Profit from Associates/JVs | 0 | — ▼ 100.0% |
| Other Comprehensive Income (Net of Tax) | 130 | -29 ▼ 122.5% |
| Total Expenses (incl. D&A & Interest) | 3,906 | 4,587 ▲ 17.4% |
| Material Cost % of RevenueDerived | 46.96% | 38.45% |
| Employee Cost % of RevenueDerived | 8.94% | 9.00% |
| Other Cost % of RevenueDerived | 7.58% | 10.92% |
| Interest Coverage (x)Derived | 1.86x | 2.50x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 3,252 | 4,738 ▲ 45.7% | 3,839 ▼ 19.0% | 4,423 ▲ 15.2% | 4,727 ▲ 6.9% | 4,743 ▲ 0.3% | 4,465 ▼ 5.9% | 4,065 ▼ 9.0% | 4,949 ▲ 21.8% | |
| Sales Growth YoY %Derived | — | 45.70% | -18.97% | 15.21% | 6.88% | 0.34% | -5.87% | -8.97% | 21.77% | |
| Other Income | 26 | 47 ▲ 77.7% | 22 ▼ 53.0% | 36 ▲ 63.6% | 43 ▲ 18.8% | 47 ▲ 10.0% | 101 ▲ 113.2% | 58 ▼ 42.6% | 65 ▲ 13.0% | |
| Total Income | 3,278 | 4,785 ▲ 46.0% | 3,861 ▼ 19.3% | 4,459 ▲ 15.5% | 4,770 ▲ 7.0% | 4,790 ▲ 0.4% | 4,566 ▼ 4.7% | 4,122 ▼ 9.7% | 5,015 ▲ 21.6% | |
2,633 | 3,938 ▲ 49.5% | 2,934 ▼ 25.5% | 3,404 ▲ 16.0% | 3,499 ▲ 2.8% | 3,479 ▼ 0.6% | 3,220 ▼ 7.4% | 2,944 ▼ 8.6% | 3,202 ▲ 8.8% | ||
| Gross ProfitDerived | 619 | 800 ▲ 29.3% | 905 ▲ 13.1% | 1,019 ▲ 12.6% | 1,228 ▲ 20.5% | 1,264 ▲ 2.9% | 1,245 ▼ 1.6% | 1,121 ▼ 10.0% | 1,747 ▲ 55.9% | |
| Gross Margin %Derived | 19.02% | 16.88% | 23.57% | 23.04% | 25.99% | 26.66% | 27.87% | 27.57% | 35.31% | |
337 | 389 ▲ 15.2% | 411 ▲ 5.6% | 469 ▲ 14.3% | 578 ▲ 23.2% | 646 ▲ 11.7% | 663 ▲ 2.7% | 672 ▲ 1.3% | 985 ▲ 46.7% | ||
| EBITDA (Operating Profit)Derived | 281 | 411 ▲ 46.2% | 494 ▲ 20.1% | 550 ▲ 11.2% | 650 ▲ 18.3% | 619 ▼ 4.8% | 582 ▼ 6.0% | 449 ▼ 22.8% | 762 ▲ 69.7% | |
| OPM %Derived | 8.65% | 8.68% | 12.87% | 12.43% | 13.75% | 13.04% | 13.02% | 11.05% | 15.39% | |
85 | 119 ▲ 39.7% | 157 ▲ 31.9% | 241 ▲ 53.5% | 238 ▼ 1.0% | 235 ▼ 1.3% | 229 ▼ 2.6% | 291 ▲ 26.8% | 399 ▲ 37.5% | ||
| Profit Before Tax (PBT) | 219 | 339 ▲ 55.0% | 359 ▲ 5.9% | 337 ▼ 6.3% | 442 ▲ 31.2% | 431 ▼ 2.5% | 453 ▲ 5.2% | 216 ▼ 52.3% | 428 ▲ 97.8% | |
49 | 107 ▲ 119.8% | 121 ▲ 13.1% | 91 ▼ 25.1% | 116 ▲ 28.3% | 113 ▼ 2.9% | 117 ▲ 3.2% | 43 ▼ 62.8% | 98 ▲ 126.7% | ||
| Effective Tax %Derived | 22.24% | 31.54% | 33.67% | 26.90% | 26.30% | 26.21% | 25.71% | 20.04% | 22.97% | |
| Total Profit for Period | 172 | 232 ▲ 35.3% | 237 ▲ 2.2% | 246 ▲ 3.8% | 326 ▲ 32.3% | 318 ▼ 2.5% | 338 ▲ 6.2% | 173 ▼ 48.7% | 329 ▲ 90.1% | |
| Less: Non-controlling Interests | 4 | 12 ▲ 222.5% | 10 ▼ 19.5% | 7 ▼ 27.2% | 13 ▲ 76.1% | 17 ▲ 31.3% | 8 ▼ 53.9% | -4 ▼ 153.6% | 18 ▲ 527.5% | |
| Net Profit (Owner's PAT)Derived | 168 | 220 ▲ 31.0% | 227 ▲ 3.4% | 239 ▲ 5.1% | 313 ▲ 31.0% | 301 ▼ 3.9% | 330 ▲ 9.6% | 177 ▼ 46.2% | 312 ▲ 75.7% | |
| Net Profit Margin %Derived | 5.16% | 4.64% | 5.92% | 5.40% | 6.62% | 6.35% | 7.39% | 4.36% | 6.30% | |
| PAT Growth YoY %Derived | — | 31.00% | 3.40% | 5.11% | 31.01% | -3.88% | 9.58% | -46.21% | 75.73% | |
| Earnings Per Share (EPS ₹) | 1.35 | 1.73 ▲ 28.1% | 1.78 ▲ 2.9% | 1.86 ▲ 4.5% | 2.27 ▲ 22.0% | 2.18 ▼ 4.0% | 2.29 ▲ 5.0% | 1.23 ▼ 46.3% | 2.04 ▲ 65.9% | |
| Diluted Shares Outstanding (Cr) | 124 | 127 ▲ 2.8% | 128 ▲ 0.8% | 128 ▲ 0.0% | 138 ▲ 7.2% | 138 ▲ 0.1% | 144 ▲ 4.6% | 144 ▲ 0.1% | 153 ▲ 6.1% | |
| Share of Profit from Associates/JVs | 1 | -0 ▼ 106.4% | -1 ▼ 1066.7% | — ▲ 100.0% | 0 | -0 ▼ 156.3% | 1 ▲ 1133.3% | 0 ▼ 61.3% | — ▼ 100.0% | |
| Other Comprehensive Income (Net of Tax) | 1 | 5 ▲ 271.3% | 1 ▼ 78.6% | 5 ▲ 411.3% | 2 ▼ 65.5% | 2 ▼ 9.4% | 130 ▲ 8261.3% | 130 ▲ 0.0% | -29 ▼ 122.5% | |
| Total Expenses (incl. D&A & Interest) | 3,059 | 4,445 ▲ 45.3% | 3,502 ▼ 21.2% | 4,122 ▲ 17.7% | 4,328 ▲ 5.0% | 4,360 ▲ 0.7% | 4,113 ▼ 5.7% | 3,906 ▼ 5.0% | 4,587 ▲ 17.4% | |
| Material Cost % of RevenueDerived | 55.25% | 53.38% | 55.92% | 36.57% | 49.41% | 42.52% | 43.27% | 46.96% | 38.45% | |
| Employee Cost % of RevenueDerived | 5.17% | 4.22% | 5.84% | 5.72% | 6.57% | 7.34% | 7.85% | 8.94% | 9.00% | |
| Other Cost % of RevenueDerived | 5.20% | 3.99% | 4.85% | 4.90% | 5.66% | 6.27% | 7.00% | 7.58% | 10.92% | |
| Interest Coverage (x)Derived | 4.05x | 4.18x | 3.94x | 2.73x | 3.44x | 3.52x | 3.39x | 1.86x | 2.50x |
HFCL segment analysis : revenue and profit mix.
Disclosed business segments at HFCL with their share of revenue and profit, switchable between consolidated and standalone reporting.
HFCL discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for HFCL Limited.
Our AI distills the core fundamental drivers supporting HFCL Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
HFCL Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Low debt-to-equity ratio of 0.0036 ensures minimal financial leverage and exceptional balance sheet stability.
TTM revenue surged 127.8%, demonstrating robust rebound in business momentum and market demand recovery.
Operating margin of 12.21% reflects solid operational profitability and disciplined cost management efficiency.
Strategic 5G partnership with Qualcomm positions company for next-generation telecom infrastructure growth opportunities.
Diversified revenue streams across telecom products, defence, and railway communication segments reduce concentration risk.
Key Risks.
P/E ratio of 104.07x far exceeds sector averages, indicating significant overvaluation relative to earnings.
ROE of 6.95% and ROCE of 10.90% remain weak relative to sector benchmarks and cost of capital.
Dividend yield of 0.05% offers minimal income to shareholders, limiting total return potential significantly.
Operating cash flow turned negative ₹436 Cr in Q2 FY2026 despite positive earnings, signaling working capital stress.
Latest quarterly sales declined 4.6% YoY despite TTM growth, indicating recent momentum deceleration concerns.
Flip Conditions.
Valuation risk. a P/E above 82 (~4.3× the sector multiple of 18.9) would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
HFCL Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — HFCL Limited is highlighted for quick read-across.
Quick Compare
HFCL Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for HFCL Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
HFCL Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for HFCL Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in HFCL Limited stood at 35.3% of traded volume, against a 20-day average of 40.2%.
HFCL announcements: results, concalls, ratings, M&A.
Filings HFCL sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
HFCL files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 210 documents below.
General Updates
HFCL Limited has informed the Exchange about General Updates
Analysts/Institutional Investor Meet/Con. Call Updates
HFCL Limited has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates
HFCL Limited has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates
HFCL Limited has informed the Exchange that the management of the Company will be participating in the Nuvama India Conference 2026 (Singapore…
Capacity addition
HFCL Limited has informed the Exchange about Capacity addition
Investor decks & rating reports.
HFCL dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue HFCL has declared, sequenced by announce and record date.
HFCL corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
HFCL insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in HFCL as reported to SEBI — buying and selling signals from the people who know the business best.
HFCL insider activity below tracks 3 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| HFCL Employees Trust | Insider | 06 Mar 2026 | buy | +6.0 K | ₹1.24 L | ₹20.65 |
| HFCL Employees Trust | Insider | 06 Mar 2026 | buy | +6.0 K | ₹1.24 L | ₹20.65 |
| HFCL Employees Trust | Insider | 28 Mar 2025 | sell | −41.9 K | ₹8.65 L | ₹20.65 |
About HFCL Limited: business, sector, key facts.
What HFCL Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
HFCL Limited operates in the Telecom - Infrastructure industry under the Telecommunication sector, listed as NSE: HFCL, BSE: 500183.

HFCL Limited is a prominent Indian manufacturer and supplier of telecom products, operating both domestically and internationally. The company's core business is centered around two primary segments: Telecom Products and Turnkey Contracts and Services. This dual approach allows them to offer a comprehensive range of solutions to their diverse clientele, extending from the provision of individual components to the complete design and implementation of entire telecommunications networks.
Within the Telecom Products segment, HFCL boasts a wide-ranging portfolio. This includes a comprehensive selection of optical fiber cables – encompassing underground, aerial, microduct, FTTH (Fiber to the Home), and micromodule varieties. Beyond fiber optics, they provide a robust array of telecom solutions, encompassing unlicensed band backhaul radios, Wi-Fi access points, routers, managed switches, antennas, network management solutions, and a growing 5G product portfolio. This demonstrates a commitment to staying at the forefront of technological advancements within the telecommunications sector.
Further diversifying its offerings, HFCL also produces a substantial line of defence products. This portfolio includes sophisticated components like electronic fuzes, electro-optics, high-capacity radio relay systems, software-defined radios, and ground surveillance radars. This diversification showcases their ability to cater to the unique needs of governmental and military sectors, leveraging their technological expertise for applications beyond commercial telecommunications.
Completing their product range is a selection of passive networking components. These vital elements include high-density cabinets, joint closures, optical splitters, aerial cable accessories, fiber optic cable assemblies, and copper cable assemblies. These components play a crucial role in the infrastructure of any telecommunication network, underscoring HFCL's commitment to providing end-to-end solutions.
In addition to manufacturing and supplying these products, HFCL also undertakes turnkey contracts and services. This involves providing complete network solutions for a variety of sectors including public telecommunications, defence, and railway communications. This aspect of their business highlights their system integration capabilities, allowing them to manage large-scale projects from design to deployment. This holistic approach to business positions HFCL as a significant player in the Indian and international telecommunications landscape.
The company's strategic partnership with Qualcomm Technologies, Inc., focused on developing 5G RAN and access products, further solidifies its commitment to innovation and future technological advancements. Founded in 1987, HFCL continues to adapt and expand its operations to maintain its leading position in the telecom industry.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- GTL Infrastructure (GTLINFRA) Share PricePeer
- Indus Towers (INDUSTOWER) Share PricePeer
- Vindhya Telelinks (VINDHYATEL) Share PricePeer
- Stocks near 52-week high (breakout watch)Screener
- Breakout Trader strategy playbookStrategy
- Other overvalued NSE stocksScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about HFCL Limited (HFCL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of HFCL Limited (HFCL)?
The current share price of HFCL Limited (HFCL) is ₹238.01. Today, the stock has declined by ₹0.41 (0.17%), trading in a range of ₹235.65 to ₹244.30. The stock opened at ₹239.70 with a trading volume of 1,60,55,915 shares.
02Is HFCL Limited stock a good investment for long-term?
HFCL Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹36,581.4 Cr., P/E ratio of 63.26, ROE of 6.95%, and ROCE of 10.9%. The dividend yield stands at 0.05%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of HFCL Limited stock?
The 52-week high price of HFCL Limited (HFCL) is ₹239.41, while the 52-week low is ₹59.82. Currently trading at ₹238.01, the stock is 297.88% above its 52-week low and 0.58% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy HFCL Limited stock at the current price?
Whether to buy HFCL Limited stock at ₹238.01 depends on multiple factors. The stock is currently trading with a P/E ratio of 63.26 and P/B ratio of 7.46. Today's performance shows a loss of 0.17%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of HFCL Limited and when is the next dividend?
HFCL Limited offers a dividend yield of 0.05%, which means for every ₹100 invested at the current price of ₹238.01, you can expect to receive approximately ₹0.05 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of HFCL Limited?
HFCL Limited's key financial metrics include: P/E Ratio: 63.26, P/B Ratio: 7.46, ROE: 6.95%, ROCE: 10.9%, Dividend Yield: 0.05%, EPS: ₹3.85, Book Value: ₹33.15, and Debt-to-Equity: 0.36. The company's market cap stands at ₹36,581.4 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is HFCL Limited stock performing today in the market?
HFCL Limited stock opened at ₹239.70 and is currently trading at ₹238.01, showing a decline of ₹0.41 (0.17%). The intraday high is ₹244.30 and low is ₹235.65. The trading volume stands at 1,60,55,915 shares, indicating strong market participation today.
08What is the P/E ratio of HFCL Limited and what does it indicate?
HFCL Limited has a Price-to-Earnings (P/E) ratio of 63.26, which means investors are willing to pay 63.26 for every ₹1 of earnings. With an EPS of ₹3.85, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about HFCL Limited (HFCL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.