Company research / Focus view

HFCL

HFCL · Telecom · small cap · Smallcap 50

Revenue · FY26

₹4,928 cr

+21.5% YoY

What the business sold

Net profit · FY26

₹312 cr

+75.7% YoY

What it kept after tax

Operating profit · FY26

₹635 cr

+84.0% YoY

Profit from operations

Operating cash flow · FY26

₹-378 cr

-195.5% YoY

Cash the operations produced

Total debt · FY26

₹1,896 cr

+24.6% YoY

Borrowings against the business

Dividend per share · FY26

—

Paid out per share · not collected yet

Five years in perspective

Price index · Start = 100 · Dividends excluded · ₹233.69 today (+0.16%)

+210.3% · 5Y

2021 · 10020222023202420252026 · 328.0

1M +9.1%6M +224.3%1Y +232.5%3Y +202.3%5Y +210.3%

Market cap

₹35,761 Cr

As of 13 Sept 2026

Price to earnings

61.0

Price to book 7.0

Dividend yield

9.00%

Trailing twelve months

52-week range

₹60 – ₹257

Closing prices

The financial record

₹ crore · Consolidated where reported · Indian fiscal years (April–March)

Reported metric	FY23	FY24	FY25	FY26
Revenue	4,735	4,458	4,057	4,928
Operating profit	543	514	345	635
Net profit	301	330	177	312
Operating cash flow	235	-45	396	-378
Free cash flow	-106	-455	-13	-723
Capital expenditure	-342	-410	-409	-345
Tax expense	113	117	43	98
Total debt	936	991	1,522	1,896
Cash and equivalents	63	23	71	38
Shareholders equity	3,108	3,956	4,079	4,891
Earnings per share (₹)	2.18	2.33	1.23	2.13

Not collected yet for this company: Dividend per share. These come from the filings, not the daily price feed.

Recent quarters

₹ crore · Most recent first

Quarter ended	Revenue	Operating profit	Net profit	EPS (₹)
30 Jun 2026	1,915	363	229	1.49
31 Mar 2026	1,824	269	179	1.21
31 Dec 2025	1,211	184	98	0.67
30 Jun 2025	871	-4	-32	-0.22
31 Mar 2025	801	-67	-81	-0.56

Developments

1 positive · 0 negative

Neutralyesterday

HFCL schedules investor meetings with Jefferies, Nomura in September

HFCLsmall cap

scanx.trade13 Sept 2026, 8:14 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

HFCL Share Price

HFCLsmall cap

Upstox11 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Telecom Equipment Stock Up 238% in 6 Months: Key Rally Drivers

HFCLsmall cap

Univest10 Sept 2026, 6:21 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

HFCL share price: Why recent rally is a red flag; analyst says this on fresh entry

HFCLsmall cap

Business Today10 Sept 2026, 4:53 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralExpansion4 days ago

What's Behind HFCL's OptiQ AI Launch for UK AI Growth Zones?

HFCLsmall cap

Data Centre Magazine10 Sept 2026, 4:51 pm IST

Classification & context · Commentary

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Somebody's reading of events rather than an event. Worth the argument; not a filing.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

HFCL shares hit lower circuit after 240% rally in 2026. What technical charts now indicate

HFCLsmall cap

The Economic Times10 Sept 2026, 12:50 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral5 days ago

HFCL Brings OptiQ AI™ Optical Connectivity Portfolio to the UK's AI Data Centre Buildout

HFCLsmall cap

Yahoo Finance9 Sept 2026, 6:09 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral5 days ago

HFCL Share Price Fall: Price Action and Peer Comparison

HFCLsmall cap

Univest9 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralExpansion5 days ago

HFCL Limited Announces Institutional Investor Plant Visits for April 2026

HFCLsmall cap

scanx.trade9 Sept 2026, 10:57 am IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

HFCL Share Price: Over 260% jump in 6 months - what's the reason and what investors should do?

HFCLsmall cap

TradingView8 Sept 2026, 1:53 pm IST

Classification & context · Commentary

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Somebody's reading of events rather than an event. Worth the argument; not a filing.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

Stocks making the biggest moves midday: Hindustan Copper, GE Vernova, PVR INOX, HFCL and more

HFCLsmall cap PVR INOXMentioned

financialexpress.com8 Sept 2026, 1:31 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

HFCL shares surge 16% in three sessions; here is why the stock is soaring

HFCLsmall cap

Upstox8 Sept 2026, 12:03 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

HFCL, Sterlite Tech shares jump 5%: What’s driving up to 705% multibagger run?

HFCLsmall cap

The Economic Times8 Sept 2026, 11:49 am IST

Classification & context · Commentary

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Somebody's reading of events rather than an event. Worth the argument; not a filing.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

HFCL Share Price: Over 260% jump in 6 months - what's the reason and what investors should do?

HFCLsmall cap

Livemint8 Sept 2026, 10:46 am IST

Classification & context · Commentary

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Somebody's reading of events rather than an event. Worth the argument; not a filing.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

GE Vernova T&D, HFCL surge as New India Assurance, HEG fall on Nifty 500 market open

HFCLsmall cap GAIL (India)Mentioned

CNBC TV188 Sept 2026, 10:06 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralRevenue7 days ago

HFCL stock hits upper circuit; order book expansion, defence revenue target and more

HFCLsmall cap

Business Today7 Sept 2026, 3:36 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads positiveOrders7 days ago

HFCL shares jump 5% as FY26 order book surges 113% to Rs 21,206 crore

HFCLsmall cap

The Economic Times7 Sept 2026, 10:43 am IST

Classification & context · Moves the numbers

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.70. This is not the probability that the report is true.

Neutral7 days ago

HFCL snaps 4-day losing streak, hits 5% upper circuit; stock up 252% YTD

HFCLsmall cap

Business Standard7 Sept 2026, 10:35 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

About the business

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; telecommunication products, including unlicensed band backhaul radios, Wi-Fi access points, routers, managed switches, antennas, network management solutions, and 5g product portfolio; defence product comprising electronic fuzes, electro optics, high capacity radio relay, software defined radios, and ground surveillance radars; and passive networking components, such as high density cabinets, joint closures, optical splitters, aerial cable accessories, fiber optic cable assemblies, and copper cable assemblies. 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.

Industry: Communication Equipment

www.hfcl.com

Data confidence

Prices, fundamentals and developments last verified 13 Sept 2026. Fundamentals are sourced from public filings feeds; interpretation is shown separately from figures.

See the Telecom sector →

Sign in to see the full financial record and classified developments

Guests see a sample. Members get every company, five-year fundamentals, classified developments, a watchlist and the decision journal.