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HFCL Ltd.

231.30−12.15 (−4.99%)

BSE · 30 Oct, 4:01 PM

: ₹35,402.83 Cr
: 40.80
: 1,65,235
: ₹239.00 - ₹231.30
: ₹282.10 - ₹59.83

HFCL Ltd. (HFCL) share price closed at ₹231.30 on the BSE on Friday, October 30, 2026, down by 4.99% from its of ₹243.45. In that session HFCL reached a of 239.00 and of 231.30. The for the session was 230.84. The stands at 238.03 and is at 158.75. Looking at , the stock ended the session moving sideways.

Stock Overview

₹237.95

₹243.45

₹230.84

₹238.03

Price 2.83% below

₹158.75

Price 45.70% above

Key Fundamentals

: 35,402.83 Cr₹35.40 Thousand Crore
: 5.67
: 40.80
: 6.27
: 36.91
: 1,683.72 Cr₹1.68 Thousand Crore
: 0.09 %
Sector
Industry: Telecom-Infrastructure
: 7.35
: 0.38

Industry Comparison

Ratio	Company	Sector
	40.80	29.55
	0.38	0.35
	6.27	2.83
	1.99	1.20
	0.09 %	0.00 %
Operating Margin	15.39 %	8.88 %

Sector figures are the median of 24 listed Telecom companies.

Peer Comparison

Name
HFCL Ltd. HFCL	231.30	40.80	35,402.83	0.09	394.22	448.14%	2,541.79	143.62%	10.86
BONDADA BONDADA	274.00	14.97	3,059.80	0.10	53.94	29.31%	691.66	23.99%	41.81
PACEDIGITK PACEDIGITK	139.55	10.07	3,012.21	0.00	62.50	14.27%	555.36	51.29%	21.90
STLNETWORK STLNETWORK	36.66		1,790.00	0.00	-16.12	16.43%	270.11	17.04%	0.32
GTL INFRAST GTLINFRA	0.99		1,268.13	0.00					4.16
SUYOG TELE SUYOG	442.00	8.54	517.90	0.23	14.50	-16.30%	70.95	6.15%	18.73

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	1,158.24	1,093.61	1,011.95	800.72	871.02	1,043.34	1,210.79	1,824.12	1,914.98	2,541.79
Expenses	983.37	935.37	860.10	836.69	842.62	853.01	982.69	1,509.45	1,500.86	1,911.25
	174.87	158.24	151.85	-35.97	28.40	190.33	228.10	314.67	414.12	630.54
	15.10%	14.47%	15.01%	-4.49%	3.26%	18.24%	18.84%	17.25%	21.63%	24.81%
	10.50	13.58	20.04	13.64	14.53	13.04	15.42	22.26	31.15	27.46
Interest	42.31	44.88	46.76	51.06	55.62	60.90	62.76	62.78	62.48	65.34
	24.07	25.48	25.52	30.44	32.20	35.93	43.77	45.48	51.25	53.72
	118.79	102.47	100.26	-104.93	-44.70	106.34	138.11	227.93	331.52	538.60
	6.85%	28.44%	27.61%	20.61%	34.45%	32.37%	25.88%	19.08%	25.90%	26.81%
	111.31	73.89	73.64	-81.44	-32.25	67.87	97.62	178.50	228.60	362.92
	0.77	0.51	0.51	-0.56	-0.22	0.47	0.64	1.17	1.49	2.37

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	4,727.11	4,743.31	4,465.05	4,064.52	4,949.27
	4,727.11	4,743.31	4,465.05	4,064.52	4,949.27
EXPENDITURE :
Increase/Decrease in Stock	-80.52	-102.41	-102.89	-92.79	-457.98
Raw Material Consumed	2,217.25	2,545.34	2,190.77	2,360.21	3,164.21
Power & Fuel Cost	35.10	49.04	43.95	37.10	50.68
Employee Cost	310.56	348.19	350.53	363.55	445.26
Other Manufacturing Expenses	1,387.12	1,047.03	1,145.96	694.08	513.44
General and Administration Expenses	119.76	134.67	142.30	138.25	182.74
Selling and Distribution Expenses	36.81	60.61	67.61	64.01	195.75
Miscellaneous Expenses	50.96	42.16	45.28	51.12	93.67
	4,077.04	4,124.63	3,883.51	3,615.53	4,187.77
Operating Profit (Excl OI)	650.07	618.68	581.54	448.99	761.50
	42.91	47.18	100.59	57.76	65.25
	692.98	665.86	682.13	506.75	826.75
Interest	166.40	152.19	147.28	185.01	242.06
PBDT	526.58	513.67	534.85	321.74	584.69
	78.25	82.97	81.76	105.51	157.38
Profit Before Taxation & Exceptional Items	448.33	430.70	453.09	216.23	427.31
Exceptional Income / Expenses	-6.38
	442.11	430.61	454.02	216.59	427.68
Provision for Tax	116.25	112.90	116.50	43.33	98.24
	325.86	317.71	337.52	173.26	329.44
Extra items			0.00	0.00	0.00
Minority Interest			-7.72	4.14	-17.70
Consolidated Net Profit	325.86	317.71	329.80	177.40	311.74
Profit Balance B/F	1,196.28	1,510.63	1,786.58	2,091.66	2,241.94
Appropriations	1,522.14	1,828.34	2,116.38	2,269.06	2,553.68
Equity Dividend %	18.00%	20.00%	20.00%	10.00%	20.00%
	2.37	2.31	2.29	1.23	2.04
Adjusted EPS	2.37	2.31	2.29	1.23	2.04

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	137.49	137.64	144.01	144.21	153.03
Share Warrants & Outstandings	1.90	29.89	4.82	1.02	0.84
Total Reserves	2,659.01	2,940.01	3,806.71	3,933.92	4,736.88
Reserve excluding Revaluation Reserve	2,659.01	2,940.01	3,806.71	3,933.92	4,736.88
Revaluation reserve				0.00
	2,798.40	3,107.54	3,955.54	4,079.15	4,890.75
Minority Interest	19.97	36.60	44.29	40.17	57.84
Secured Loans	121.25	110.37	169.21	290.28	220.13
Unsecured Loans				99.62	169.75
Deferred Tax Assets / Liabilities	-4.97	28.82	77.28	86.46	80.89
Other Long Term Liabilities	19.34	6.20	9.07	9.73	18.80
Long Term Provisions	34.74	40.90	47.49	53.01	62.63
Total Non-Current Liabilities	170.36	186.29	303.05	539.10	552.20
Trade Payables	1,010.12	878.02	807.62	1,078.66	1,007.44
Other Current Liabilities	537.13	484.98	621.64	794.95	1,026.23
Short Term Borrowings	590.03	747.34	737.54	996.89	1,259.96
Short Term Provisions	40.48	31.82	17.15	17.37	73.16
Total Current Liabilities	2,177.76	2,142.16	2,183.95	2,887.87	3,366.79
Total Liabilities	5,166.49	5,472.59	6,486.83	7,546.29	8,867.58
Gross Block	954.99	1,049.50	1,215.74	1,507.45	2,013.73
Less: Accumulated Depreciation	426.71	501.27	563.77	655.86	795.97
Less: Impairment of Assets					2.12
	528.28	548.23	651.97	851.59	1,215.64
	47.46	70.50	154.09	200.03	85.01
Non Current Investments	46.56	57.60	188.72	156.66	93.62
Long Term Investment	46.56	57.60	188.72	156.66	93.62
Long Term Loans & Advances	628.35	480.24	605.02	483.56	328.16
Other Non Current Assets	35.85	36.21	57.08	81.92	40.67
Total Non-Current Assets	1,347.19	1,390.44	1,971.75	2,175.61	2,164.39
Currents Investments	8.80	12.38	5.19	1.30	41.29
Inventories	573.38	757.85	774.42	898.84	1,415.99
Sundry Debtors	1,895.94	1,886.11	2,215.48	1,891.73	2,212.18
Cash and Bank	528.24	322.59	336.35	491.32	468.42
Other Current Assets	93.93	100.97	200.89	213.20	344.96
Short Term Loans and Advances	719.01	1,002.25	982.75	1,874.29	2,220.35
Total Current Assets	3,819.30	4,082.15	4,515.08	5,370.68	6,703.19
Net Current Assets (Including Current Investments)	1,641.54	1,939.99	2,331.13	2,482.81	3,336.40
Total Assets	5,166.49	5,472.59	6,486.83	7,546.29	8,867.58
	1,475.05	1,243.01	1,268.28	1,183.12	1,188.78
Total Debt	756.59	916.44	977.26	1,503.26	1,865.32
	20.34	22.36	27.43	28.28	31.95
Adjusted Book Value	20.34	22.36	27.43	28.28	31.95

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	442.11	430.61	454.02	216.59	427.68
Adjustment	227.13	211.66	198.39	276.12	420.86
Changes In working Capital	-402.49	-308.55	-576.79	-94.96	-1,183.10
Cash Flow after changes in Working Capital	266.75	333.72	75.62	397.75	-334.56
Cash Flow from Operating Activities	205.37	235.11	-44.87	395.99	-378.13
Cash Flow from Investing Activities	-457.84	-44.09	-448.72	-518.39	-324.11
Cash Flow from Financing Activitie	247.85	-144.80	454.01	169.59	669.39
Net Cash Inflow / Outflow	-4.62	46.22	-39.58	47.19	-32.85
Opening Cash & Cash Equivalents	21.31	16.69	62.91	23.33	70.52
Closing Cash & Cash Equivalent	16.69	62.91	23.33	70.52	37.67

Ratios

Valuation

40.80

6.27

21.77

4.73

5.67

36.91

Profitability

7.35

10.86

4.01

15.39

6.66

Leverage & Liquidity

0.38

1.99

2.77

Returns

0.09

0.60

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	37.63	36.24	35.89	34.37	31.58	30.02	28.29	28.29	28.29	28.29
	14.41	15.37	16.02	18.59	20.14	19.42	14.22	14.11	25.13	26.09
	47.97	48.38	48.08	47.04	48.29	50.57	57.49	57.61	46.58	45.61
	62.37	63.76	64.11	65.63	68.42	69.98	71.71	71.71	71.71	71.71
No. of Shareholders	7,70,791	7,73,276	8,20,639	8,40,219	8,58,638	8,69,442	8,42,209	8,03,693	7,32,721	7,64,828

Mutual Funds Invested(76)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 17 active funds hold 7.35% in HFCL Ltd., contributing to ₹2.55K Cr of holdings

Fund				As of
QU Quant Small Cap Fund - Growth - Direct PlanSmall cap Fund	2,170.04	6.10	9,55,88,251	Sep '26
QU Quant Value Fund - Growth - Direct PlanEquity - Value Fund	125.02	6.52	55,07,022	Sep '26
QU Quant Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	78.62	1.05	34,63,172	Sep '26
QU Quant Momentum Fund - Growth - Direct PlanEquity - Thematic Fund - Other	43.73	3.45	19,26,274	Sep '26
NI Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	35.95	1.04	15,83,414	Sep '26
QU Quant Focused Fund - Growth - Direct PlanEquity - Focused Fund	30.39	3.68	13,38,442	Sep '26
NI Nippon India Nifty 500 Momentum 50 Index Fund - Growth - Direct PlanIndex Funds - Other	29.77	2.33	13,11,305	Sep '26
MI Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFIndex	29.22	3.13	12,87,255	Sep '26
HD HDFC NIFTY Smallcap 250 ETFIndex	28.00	1.03	12,33,541	Sep '26
QU Quant ESG Integration Strategy Fund - Growth - Direct PlanEquity - Thematic Fund - Other	25.57	7.80	11,26,469	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-13	Board Meeting	Quarterly Results
2026-09-08	AGM
2026-07-17	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)
2026-09-26	HFCL Employees Trust	Off Market	Sell	128,100

Sector Overview

TelecomTelecom-Infrastructure

HFCL Ltd. operates in the Telecom sector under the Telecom-Infrastructure industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

7 members across the board and senior leadership

Manoj Baid

President, Company Secretary & Compliance Officer

—

Mahendra Nahata

Managing Director

₹17.37 Cr

Mar '26

Ajai Kumar

Non Executive Independent Director

₹15.00 L

Mar '26

Anil Shah

Non Executive Independent Director

₹4.50 L

Mar '26

Bela Banerjee

Non Executive Independent Director

₹15.75 L

Mar '26

Ranjeet Mal Kastia

Non Executive Director

₹15.00 L

Mar '26

Arvind Kharabanda

Non Executive Director

₹29.25 L

Mar '26

HFCL Latest News

News

10 of 10 articles

COMPANY23 Oct 2026 · 09:59

HFCL incorporates wholly owned subsidiary

HCSL belongs to Technology and Infrastructure Services industry

EQUITY19 Oct 2026 · 14:21

HFCL touches roof as its consolidated net profit jumps over five-fold in Q2

The total consolidated income of the company has increased over two-fold at Rs 2,569.25 crore for Q2FY27

COMPANY19 Oct 2026 · 13:06

HFCL’s consolidated net profit jumps over five-fold in Q2

The total consolidated income of the company has increased over two-fold at Rs 2,569.25 crore for Q2FY27

EQUITY19 Oct 2026 · 12:28

HFCL informs about outcome of board meeting

EQUITY1 Sept 2026 · 10:36

HFCL informs about award of order

COMPANY1 Sept 2026 · 10:29

HFCL bags three-year supply contract worth Rs 2329 crore

The contract is for the supply of high-quality, high-fibre-count Optical Fiber Cables

EQUITY5 Aug 2026 · 12:20

HFCL climbs on getting board’s green signal for Rs 400 crore expansion plan

The company has proposed to add 4.60 million fkm per annum capacity of Optical Fiber and 14.0 million fkm per annum capacity of Optical Fiber Cable

COMPANY5 Aug 2026 · 12:07

HFCL gets board’s green signal for Rs 400 crore expansion plan

The company has proposed to add 4.60 million fkm per annum capacity of Optical Fiber and 14.0 million fkm per annum capacity of Optical Fiber Cable

EQUITY3 Aug 2026 · 09:27

HFCL shines on securing orders worth Rs 522.73 crore

These orders reaffirm the confidence reposed by its customers in the company’s manufacturing capabilities, technological excellence and product quality

COMPANY3 Aug 2026 · 09:15

HFCL secures orders worth Rs 522.73 crore

These orders reaffirm the confidence reposed by its customers in the company’s manufacturing capabilities, technological excellence and product quality

HFCL Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(76)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

HFCL Latest News

News