HFCL Ltd
HFCL Ltd (HFCL) last reported results for the quarter ended Jun 2026, with sales of ₹1,915 crore and net profit of ₹246 crore. The next scheduled event is a disclosure update on 31 Dec 2026. The stock last traded at ₹260, a market capitalisation of ₹39,936 crore, on a P/E of 69.8. Over the past 52 weeks the stock has ranged between ₹59.8 and ₹276. Figures are as of 9 Oct 2026 and are not real time.
HFCL Ltd share price and key metrics
- Current price
- ₹260
- Market cap
- ₹39,936 cr
- Stock P/E
- 69.8
- Book value
- ₹32
- ROE
- 6.98%
- ROCE
- 10.8%
- Dividend yield
- 0.08%
- 52w high / low
- 276/59.8
Metrics as of 9 Oct 2026. Not real time.
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HFCL Ltd growth and returns
- 10 Years
- 6%
- 5 Years
- 2%
- 3 Years
- 1%
- TTM
- 59%
- 10 Years
- 3%
- 5 Years
- 5%
- 3 Years
- 1%
- TTM
- 1591%
- 10 Years
- 33%
- 5 Years
- 28%
- 3 Years
- 53%
- 1 Year
- 252%
- 10 Years
- 10%
- 5 Years
- 8%
- 3 Years
- 7%
- Last Year
- 7%
HFCL Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,915 cr, up 119.9% from ₹871 cr a year earlier. Net profit turned positive at ₹246 cr.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,094 | 1,012 | 801 | 871 | 1,043 | 1,211 | 1,824 | 1,915 |
| Expenses | 935 | 860 | 838 | 843 | 853 | 983 | 1,510 | 1,501 |
| Operating profit | 158 | 152 | -37 | 28 | 190 | 228 | 314 | 414 |
| OPM % | 14% | 15% | -4.6% | 3.3% | 18% | 19% | 17% | 22% |
| Other income | 15 | 21 | 14 | 15 | 13 | 17 | 22 | 31 |
| Interest | 45 | 47 | 51 | 56 | 61 | 63 | 63 | 62 |
| Depreciation | 25 | 26 | 30 | 32 | 36 | 44 | 45 | 51 |
| Profit before tax | 102 | 100 | -105 | -45 | 106 | 138 | 228 | 332 |
| Tax % | 28% | 28% | -21% | -34% | 32% | 26% | 19% | 26% |
| Net profit | 73 | 73 | -83 | -29 | 72 | 102 | 184 | 246 |
| EPS (₹) | 0.51 | 0.51 | -0.56 | -0.22 | 0.47 | 0.64 | 1.17 | 1.49 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
HFCL Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,131 | 3,227 | 4,738 | 3,839 | 4,423 | 4,727 | 4,743 | 4,465 | 4,065 | 4,949 | 5,993 |
| Operating profit | 187 | 283 | 418 | 493 | 550 | 650 | 619 | 582 | 449 | 764 | 1,146 |
| OPM % | 9% | 9% | 9% | 13% | 12% | 14% | 13% | 13% | 11% | 15% | 19% |
| Net profit | 124 | 172 | 232 | 237 | 246 | 326 | 318 | 338 | 173 | 329 | 604 |
| EPS (₹) | 0.99 | 1.35 | 1.73 | 1.77 | 1.86 | 2.27 | 2.18 | 2.29 | 1.23 | 2.04 | 3.77 |
TTM is the trailing twelve months to the most recent quarter.
HFCL Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 124 | 124 | 127 | 128 | 128 | 137 | 138 | 144 | 144 | 153 |
| Reserves | 840 | 1,055 | 1,314 | 1,540 | 1,788 | 2,661 | 2,970 | 3,812 | 3,935 | 4,738 |
| Borrowings | 539 | 469 | 590 | 734 | 942 | 783 | 936 | 991 | 1,522 | 1,896 |
| Other liabilities | 773 | 941 | 1,262 | 1,427 | 2,358 | 1,590 | 1,429 | 1,540 | 1,945 | 2,080 |
| Total liabilities | 2,275 | 2,588 | 3,294 | 3,829 | 5,216 | 5,171 | 5,473 | 6,487 | 7,546 | 8,868 |
| Fixed assets | 188 | 196 | 238 | 504 | 508 | 528 | 548 | 652 | 852 | 1,216 |
| CWIP | 2 | 10 | 86 | 34 | 36 | 108 | 268 | 469 | 602 | 486 |
| Investments | 50 | 55 | 60 | 58 | 41 | 55 | 70 | 194 | 158 | 135 |
| Other assets | 2,035 | 2,327 | 2,911 | 3,233 | 4,631 | 4,480 | 4,586 | 5,172 | 5,935 | 7,031 |
| Total assets | 2,275 | 2,588 | 3,294 | 3,829 | 5,216 | 5,171 | 5,473 | 6,487 | 7,546 | 8,868 |
As reported by the company. Total assets equal total liabilities by construction.
HFCL Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 136 | 207 | 34 | 172 | 145 | 205 | 235 | -45 | 396 | -378 |
| Cash from investing | -25 | -30 | -150 | -167 | -165 | -458 | -44 | -449 | -518 | -324 |
| Cash from financing | -114 | -116 | 67 | -7 | 25 | 248 | -145 | 454 | 170 | 669 |
| Net cash flow | -3 | 61 | -49 | -1 | 5 | -5 | 46 | -40 | 47 | -33 |
| Free cash flow | 110 | 166 | -143 | 5 | 41 | 23 | -105 | -454 | -12 | -723 |
| CFO / operating profit | 103% | 102% | 15% | 53% | 30% | 41% | 54% | 13% | 89% | -44% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
HFCL Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13% | 18% | 24% | 21% | 20% | 19% | 15% | 13% | 8% | 11% |
| Debtor days | 202 | 134 | 113 | 153 | 215 | 146 | 145 | 181 | 170 | 163 |
| Inventory days | 140 | 56 | 41 | 96 | 65 | 98 | 113 | 135 | 145 | 191 |
| Days payable | 260 | 148 | 134 | 227 | 262 | 173 | 131 | 141 | 174 | 136 |
| Cash conversion cycle | 81 | 42 | 20 | 22 | 18 | 72 | 127 | 175 | 141 | 218 |
| Working capital days | 134 | 84 | 62 | 91 | 70 | 85 | 124 | 163 | 179 | 208 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
HFCL Ltd shareholding pattern
Promoters held 28.29% at Jun 2026, down from 31.58% at Jun 2025. FIIs 15.74% and DIIs 10.92%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 36.24% | 35.90% | 34.37% | 31.58% | 30.02% | 28.29% | 28.29% | 28.29% |
| FIIs | 6.68% | 6.70% | 6.97% | 7.75% | 7.48% | 7.48% | 7.08% | 15.74% |
| DIIs | 8.69% | 10.96% | 13.26% | 14.04% | 13.57% | 9.07% | 8.57% | 10.92% |
| Public | 48.33% | 46.40% | 45.36% | 46.61% | 48.89% | 55.13% | 56.02% | 45.02% |
| No. of shareholders | 7,73,276 | 8,20,639 | 8,40,219 | 8,58,638 | 8,69,442 | 8,42,209 | 8,03,693 | 7,32,721 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Upcoming HFCL Ltd events
The next scheduled event is a disclosure update on 31 Dec 2026.
- Disclosure updateSale of entire stake in Nivetti Systems Private Limited
See the full results calendar for every Indian company reporting in the next 30 days.
HFCL Ltd corporate filings
- HFCL Ltd delays sale of entire stake in Nivetti Systems to on or before December 31, 2026, from September 30, 2026, per addendum to SPACompany Updatelow impact
Cruxal's analysis: HFCL Ltd has updated the timeline for the sale of its entire 2,17,594 equity shares in…
Read the full analysis - HFCL Limited's recent AGM disclosures reveal strong shareholder approval for key resolutions, including dividend declaration and related party transactions, with over 99.9% approval in votes. The company’s e-voting results indicate high investor confidence, supporting the continuation of strategic initiatives. These developments are likely to reinforce positive investor sentiment and could contribute to near-term stock price stability or modest uptick, given the reaffirmation of governance and financial policies.AGM/EGMmedium impact
Cruxal's analysis: HFCL Limited has successfully passed all seven resolutions at its September 29, 2026 AGM…
Read the full analysis - We would like to inform you that in compliance of the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's 'Code of Internal Procedures and Conduct ....Insider Trading / SASTlow impact
- HFCL Limited's AGM confirms stable operational outlook with strategic related-party transaction approvalsAGM/EGMmedium impact
Cruxal's analysis: HFCL Limited held its 39th AGM on September 29, 2026, via video conferencing, with 87…
Read the full analysis - HFCL Ltd to participate in Goldman Sachs India 'Hidden Gems' investor event on September 30, 2026Company Updatelow impact
Cruxal's analysis: HFCL Ltd has announced its participation in the 'Goldman Sachs India - Hidden Gems' event…
Read the full analysis - HFCL Ltd issues public notice for re-lodgment of physical share transfer requestsCompany Updatelow impact
Cruxal's analysis: HFCL Ltd has issued a public notice regarding a special window for the re-lodgment of…
Read the full analysis - HFCL Ltd receives ESG rating of 58 and Core ESG rating of 64 from CRISILCompany Updatelow impact
Cruxal's analysis: HFCL Ltd has been assigned an ESG rating of '58' (Adequate) and a Core ESG rating of '64'…
Read the full analysis - HFCL Ltd receives 'Leader' category ESG rating of 70 from Niche99Company Updatelow impact
Cruxal's analysis: HFCL Ltd has been assigned an ESG rating of '70' under the 'Leader' category by Niche…
Read the full analysis - HFCL Ltd issues mandatory KYC and PAN update notice to physical shareholdersCompany Updatelow impact
Cruxal's analysis: HFCL Ltd has issued a formal intimation to shareholders holding equity shares in physical…
Read the full analysis - HFCL Ltd announces ₹820 crore capital expenditure for manufacturing capacity expansionCompany Updatemedium impact
Cruxal's analysis: HFCL Ltd has approved an additional investment of approximately ₹820 crore to expand its…
Read the full analysis - HFCL announces additional 820 crore capex for integrated optical fiber manufacturing expansionOthershigh impact
Cruxal's analysis: HFCL Limited has approved an additional capital expenditure of approximately 820 crore to…
Read the full analysis - HFCL Ltd to participate in Arihant Capital's Bharat Connect Conference on September 29, 2026Company Updatelow impact
Cruxal's analysis: HFCL Ltd has announced that its management will participate in the Arihant Capital Bharat…
Read the full analysis - HFCL Ltd to participate in Nomura India Power, Data Center & AI Infrastructure Tour on September 23, 2026Company Updatelow impact
Cruxal's analysis: HFCL Ltd has announced its participation in the Nomura India Power, Data Center & AI…
Read the full analysis - HFCL Ltd to participate in Jefferies India Forum on September 18, 2026Company Updatelow impact
Cruxal's analysis: HFCL Ltd has announced that its management will participate in the Jefferies India Forum…
Read the full analysis - HFCL Ltd announces 39th Annual General Meeting details and record dateCompany Updatelow impact
Cruxal's analysis: HFCL Ltd has published a public notice regarding its 39th Annual General Meeting, which…
Read the full analysis - HFCL Ltd dispatches Annual Report for FY 2025-26 to shareholdersCompany Updatelow impact
Cruxal's analysis: HFCL Ltd has dispatched letters to shareholders whose email addresses are not registered…
Read the full analysis - HFCL Ltd submits Business Responsibility and Sustainability Report (BRSR) for FY 2025-26Otherslow impact
Cruxal's analysis: HFCL Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the…
Read the full analysis - HFCL Ltd submits Annual Report for FY 2025-26 and Notice of 39th AGMOtherslow impact
Cruxal's analysis: HFCL Ltd has filed its Annual Report for the financial year 2025-26, which includes the…
Read the full analysis - HFCL Limited Reports Strong FY26 Performance with 21.77% Revenue Growth and Significant Order Book ExpansionAGM/EGMhigh impact
Cruxal's analysis: HFCL Limited delivered robust financial results for FY26, with revenue from operations…
Read the full analysis - HFCL Ltd announces 39th Annual General Meeting scheduled for September 29, 2026Company Updatelow impact
Cruxal's analysis: HFCL Ltd has published a public notice in The Indian Express and Jansatta on September…
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