HFCL LimitedHFCLCorporate

Technology Communication Equipment Latest results: Jun 2026 15 quarters of data
₹256.01
MCap ₹39,176 Cr · P/E 64.9
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,915 Cr
Sales · Jun 2026
+119.9% YoY
₹414 Cr
Operating Profit · Jun 2026
+1379.0% YoY
21.6%
OPM % · Jun 2026
+575.0% YoY
₹246 Cr
Net Profit · Jun 2026
+947.0% YoY
₹1.49
EPS · Jun 2026
+777.3% YoY

📝 HFCL Limited — results explained

Quarter ended June 2026 (Q1 FY27)

HFCL Limited reported revenue of ₹1,915 crore for the quarter ended June 2026 (Q1 FY27), up 119.9% from ₹871 crore in the same quarter last year, and up 5.0% sequentially over the March 2026 quarter.

The company swung to a net profit of ₹246 crore from a net loss of ₹29 crore a year earlier. Earnings per share (EPS) came in at ₹1.49.

Operating profit stood at ₹414 crore — an operating margin (OPM) of 21.6%, compared with 3.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, HFCL Limited posted revenue of ₹4,949 crore, a growth of 21.8% over FY25, with a net profit of ₹329 crore (up 89.7% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹5,993 crore with a net profit of ₹604 crore.

Valuation snapshot

At the current price of ₹256.01, HFCL has a market capitalisation of ₹39,176 crore and a trailing P/E of about 64.9.

Within the Communication Equipment industry, it is the largest of the 2 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 28.29%, foreign institutional investors (FIIs) 17.24%, domestic institutional investors (DIIs) 10.38%, public shareholders 44.07% of HFCL Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹39,176 Cr
Current Price ?
₹256.0
P/E ?
64.87below ind
Industry P/E ?
79.20
P/B ?
8.01
P/S ?
6.54
P/FCF ?
-54.19
Enterprise Value ?
₹40,920 Cr
EV/EBITDA ?
35.69
PEG ?
64.87
Earnings Yield ?
2.4%
Dividend Yield ?
0.04%
Profitability & Returns
Sales (TTM) ?
₹5,993 Cr
OPM ?
19.1%
Profit after tax (TTM) ?
₹604 Cr
EPS (TTM) ?
₹3.95
ROCE ?
11.0%
ROE ?
12.3%
ROA ?
6.8%
Growth
Sales — latest qtr ?
₹1,915 Cr
PAT — latest qtr ?
₹246 Cr
YoY qtr sales growth ?
119.9%
YoY qtr profit growth ?
947.0%
Sales growth (3y) ?
1%
Sales growth (5y) ?
2%
Profit growth (3y) ?
1%
Profit growth (5y) ?
5%
Financial Health
Debt ?
₹1,744 Cr
Debt to Equity ?
0.36
Interest Coverage ?
2.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
28.29%
Change in promoter holding ?
-3.29%
Pledged percentage ?
N/A
Market
Return 3 months ?
20.1%
Return 6 months ?
168.1%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 1,0861,4339951,1111,0321,3261,1581,0941,0128018711,0431,2111,8241,915 +119.9% +5.0%
Operating Profit 188154146133117196175158152-3628190228314414 +1379.0% +31.9%
Other Income 61413174714101420131513152231 +107.7% +41.6%
Interest 373836353740424547515661636362 +11.6% -0.8%
Depreciation 202121211920242526303236444551 +60.2% +13.9%
Profit Before Tax 13710910394108149119102100-105-45106138228332 +836.7% +45.4%
Net Profit 102797670821091117373-83-2972102184246 +947.0% +33.5%
EPS 0.690.520.490.500.580.760.770.510.51-0.56-0.220.470.671.171.49 +777.3% +27.4%
OPM % 17.3% 10.8% 14.7% 11.9% 11.3% 14.8% 15.1% 14.5% 15.0% -4.5% 3.2% 18.2% 18.8% 17.2% 21.6% +575.0% +25.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹4,064 Cr ₹4,949 Cr ₹5,993 Cr +21.8%
Operating Profit ₹449 Cr ₹760 Cr ₹1,147 Cr +69.3%
OPM % 11.05% 15.36% 19.13% +39.0%
NPM % 4.27% 6.65% 10.08% +55.7%
Other Income ₹56 Cr ₹65 Cr ₹81 Cr +16.2%
Depreciation ₹105 Cr ₹157 Cr ₹176 Cr +48.6%
Interest ₹185 Cr ₹243 Cr ₹249 Cr +31.4%
EBIT ₹344 Cr ₹604 Cr ₹971 Cr +75.7%
PBT ₹217 Cr ₹427 Cr ₹804 Cr +97.2%
Tax ₹35 Cr ₹70 Cr ₹156 Cr +99.4%
Net Profit ₹174 Cr ₹329 Cr ₹604 Cr +89.7%
EPS ₹1.23 ₹2.09 ₹3.80 +69.9%
Material Cost ₹2,179 Cr ₹1,888 Cr ₹3,228 Cr -13.4%
Employee Cost ₹275 Cr ₹202 Cr ₹350 Cr -26.3%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 138144144153 +6.2%
Reserves 2,9703,8123,9354,738 +20.4%
Borrowings 9369911,5221,744 +14.6%
Other Liabilities 1,4291,5401,9452,232 +14.8%
Total Liabilities 5,4736,4877,5468,868 +17.5%
Fixed Assets 5486528521,617 +89.8%
CWIP 26846960285 -85.9%
Investments 70194158135 -14.6%
Other Assets 4,5865,1725,9357,031 +18.5%
Total Assets 5,4736,4877,5468,868 +17.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 235-45396-378 -195.5%
Cash from Investing Activity -44-449-518-324 +37.5%
Cash from Financing Activity -145454170669 +293.5%
Net Cash Flow 46-4047-33 -170.2%
Free Cash Flow -105-454-12-723 -5925.0%
CFO/OP 54%13%89%-44% -149.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 145181170163 -4.1%
Inventory Days 113135145161 +11.0%
Days Payable 131141174115 -33.9%
Cash Conversion Cycle 127175141210 +48.9%
Working Capital Days 124164179212 +18.4%
ROCE % 15%13%8%11% +37.5%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 31.58%30.02%28.29%28.29%28.29% +0.0%
FIIs 7.75%7.48%7.48%7.08%17.24% +143.5%
DIIs 14.04%13.57%9.07%8.57%10.38% +21.1%
Public 46.61%48.89%55.13%56.02%44.07% -21.3%
Others 0.04%0.04%0.03%0.02%— —
No. of Shareholders 8,58,6388,69,4428,42,2098,03,6937,64,828 -4.8%

⚖️ Peer comparison

Industry: Communication Equipment · 2 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HFCL HFCL ₹235.05 35,969 61.9 5,993 604 19.1% 10.1% 21.8% 89.7% 119.9% 947.0%
2 ITI ITI ₹263.00 25,323 96.0 2,111 263 -4.0% 12.5% -39.6% 208.3% -14.7% 49.3%
❓ Frequently asked questions
What was HFCL Limited's revenue in Q1 FY27?
HFCL Limited reported revenue of ₹1,915 crore for the quarter ended June 2026 (Q1 FY27), up 119.9% from ₹871 crore in the same quarter last year, and up 5.0% sequentially over the March 2026 quarter.
What was HFCL Limited's net profit in Q1 FY27?
The company swung to a net profit of ₹246 crore from a net loss of ₹29 crore a year earlier. Earnings per share (EPS) came in at ₹1.49.
What is HFCL's market capitalisation and P/E ratio?
At the current price of ₹256.01, HFCL has a market capitalisation of ₹39,176 crore and a trailing P/E of about 64.9.
Who owns HFCL Limited? (shareholding pattern)
As of Sep 2026, promoters held 28.29%, foreign institutional investors (FIIs) 17.24%, domestic institutional investors (DIIs) 10.38%, public shareholders 44.07% of HFCL Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI