H

HFCL Limited

HFCLNSE
Market snapshot · 2026-08-11 11:39 UTC

214.24

+₹1.27 (+0.60%)

MARKET CAP

₹32.78K Cr

STOCK P/E

55.6x

52W HIGH

₹229.50

52W LOW

₹59.82

BOOK VALUE

₹33.15

EPS

₹3.85

ROE

SECTOR

Communication Services

DEBT/EQUITY

38.32

VOLUME

1.50Cr

P/B RATIO

6.46x

PEG RATIO

Sector

Communication Services

Themes

Telecom Equipments5G
D
Dividend
₹217.25₹178.21₹139.18₹100.14₹61.10VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 144.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +3.02). Confidence: 63%.

Live forward EPS implies next-12-month EPS of ₹5.20. Applying the stock's normalized valuation corridor produces a fair range of ₹98.90 to ₹156.47, with base value near ₹118.14 (-44.9% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹5.20

Forward P/E

41.2x

Base Fair Value

₹118.14

Fair Range

₹98.90 - ₹156.47

Upside To Base

-44.9%

Estimate Source

Live forward EPS

P/E
Strongly Overvalued

5Y Average

23.59

Current

55.65

Overvalued

30.09

Undervalued

19.02

P/S
Strongly Overvalued

5Y Average

2.32

Current

5.47

Overvalued

2.67

Undervalued

1.97

EV/EBITDA
Strongly Overvalued

5Y Average

12.57

Current

29.65

Overvalued

13.96

Undervalued

9.53

Peers & Comparison

Sector: Communication Services · Theme: Telecom Equipments

Telecom Equipments Peers6 peers
Avg P/E: 59.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
STERLITE TECHNOLOGIES LTD
STLTECHTelecom Equipments
+87.4%4.3%
135.6x
Premium
+126% vs avg
+408.2%
ITI LTD
ITITelecom Equipments
-40.0%13.4%
93.9x
Premium
+57% vs avg
-6.7%
TEJAS NETWORKS LIMITED
TEJASNETTelecom Equipments
+99.1%-70.4%
-6.8%
TATA COMMUNICATIONS LTD
TATACOMMTelecom Services
+10.5%3.7%
51.9x
Fair
-13% vs avg
+6.9%
VODAFONE IDEA LIMITED
IDEATelecom Services
+3.2%77.1%
4.0x
Undervalued
-93% vs avg
+99.7%
INDUS TOWERS LIMITED
INDUSTOWERTelecom Infrastructure
+4.6%21.8%
14.3x
Undervalued
-76% vs avg
+8.4%
WHY THESE PEERS

HFCL LIMITED trades in line with peers (55.6x vs avg 59.9x), reflecting a fair valuation within the Telecom Equipments cohort. Peers include STERLITE TECHNOLOGIES LTD, ITI LTD, TEJAS NETWORKS LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.61K CrJun 2026

Latest net profit

₹179 CrJun 2026

Latest EPS

₹1.17Jun 2026

Net margin

19.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-7.0%0.0%7.0%14.0%21.0%-550 Cr0.00 Cr550 Cr1.10K Cr1.65K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr₹-0₹0₹0₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-3.00K Cr0.00 Cr3.00K Cr6.00K Cr9.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +8801,0029541,2381,0661,0129617577891,0031,2241,5111,608
Expenses +7858888551,0529008648168007908441,0681,2221,304
Operating Profit95114100186165148145-43-1159155289304
OPM %11%11%10%15%16%15%15%-6%-0.1%16%13%19%19%
Other Income +13184613111321161415152333
Interest29272831343638434853555553
Depreciation14141515202121232831374243
Profit before tax6690103153123104107-93-639079216240
Tax %26%25%25%25%7%28%27%-22%-33%32%29%18%25%
Net Profit +4968781151147578-73-426156178179
EPS in Rs0.350.470.550.800.790.520.54-0.50-0.290.430.371.161.17
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +31.58%30.02%28.29%28.29%28.29%
FIIs +7.75%7.48%7.48%7.08%15.74%
DIIs +14.04%13.57%9.07%8.57%10.92%
Public +46.61%48.89%55.13%56.02%45.02%
Others0.02%0.04%0.03%0.04%0.03%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 06, 2026PDFCompany Reports Open

Board Meeting Outcome for Expansion Of Optical Fiber And Optical Fiber Cable Manufacturing Capacities

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Aug 02, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Registered Office Address

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 30, 2026PDFCompany Reports Open