View ValuationHFCL 将来の成長Future 基準チェック /26 HFCLは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Telecom 収益成長5.1%収益成長率20.0%将来の株主資本利益率14.00%アナリストカバレッジLow最終更新日28 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updates分析記事 • May 08Impressive Earnings May Not Tell The Whole Story For HFCL (NSE:HFCL)HFCL Limited's ( NSE:HFCL ) stock was strong after they recently reported robust earnings. However, we think that...Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹146, the stock trades at a trailing P/E ratio of 71.8x. Average forward P/E is 14x in the Telecom industry in India. Total returns to shareholders of 118% over the past three years.Reported Earnings • May 05Full year 2026 earnings released: EPS: ₹2.13 (vs ₹1.23 in FY 2025)Full year 2026 results: EPS: ₹2.13 (up from ₹1.23 in FY 2025). Revenue: ₹50.1b (up 23% from FY 2025). Net income: ₹3.12b (up 76% from FY 2025). Profit margin: 6.2% (up from 4.4% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Feb 04Third quarter 2026 earnings released: EPS: ₹0.67 (vs ₹0.51 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.67 (up from ₹0.51 in 3Q 2025). Revenue: ₹12.1b (up 20% from 3Q 2025). Net income: ₹976.2m (up 33% from 3Q 2025). Profit margin: 8.1% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jan 22HFCL Limited to Report Q3, 2026 Results on Feb 03, 2026HFCL Limited announced that they will report Q3, 2026 results on Feb 03, 2026お知らせ • Dec 23HFCL Limited has filed a Follow-on Equity Offering.HFCL Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Regulation S; Subsequent Direct Listing分析記事 • Dec 09Capital Allocation Trends At HFCL (NSE:HFCL) Aren't IdealWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...分析記事 • Nov 01Here's Why HFCL (NSE:HFCL) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Oct 20Second quarter 2026 earnings released: EPS: ₹0.47 (vs ₹0.51 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.47 (down from ₹0.51 in 2Q 2025). Revenue: ₹10.4b (down 4.6% from 2Q 2025). Net income: ₹678.6m (down 8.2% from 2Q 2025). Profit margin: 6.5% (down from 6.8% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Oct 09HFCL Limited to Report Q2, 2026 Results on Oct 17, 2025HFCL Limited announced that they will report Q2, 2026 results on Oct 17, 2025分析記事 • Oct 04HFCL Limited's (NSE:HFCL) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that HFCL Limited's ( NSE:HFCL ) price-to-sales (or "P/S") ratio of 2.9x right now seems...分析記事 • Sep 09We Discuss Why HFCL Limited's (NSE:HFCL) CEO Compensation May Be Closely ReviewedKey Insights HFCL to hold its Annual General Meeting on 15th of September CEO Mahendra Nahata's total compensation...お知らせ • Sep 02Trinity Tech Solutions entered into a Share Purchase Agreement to acquire 15.19% stake in Nivetti Systems Private Limited from HFCL Limited (NSEI:HFCL) for approximately INR 520 million.Trinity Tech Solutions entered into a Share Purchase Agreement to acquire 15.19% stake in Nivetti Systems Private Limited from HFCL Limited (NSEI:HFCL) for approximately INR 520 million on September 1, 2025. Under the terms of the SPA, the Company has agreed to sell its entire stake, i.e., 2,17,594 equity shares representing 15.19% of the total shareholding in Nivetti, to Trinity in one or more tranches, for a total consideration of INR 520 million. The expected date of completion will be On or before October 15, 2025.Upcoming Dividend • Sep 01Upcoming dividend of ₹0.10 per shareEligible shareholders must have bought the stock before 08 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 8.1% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (4.9%).お知らせ • Aug 22HFCL Limited announces Annual dividend, payable on October 15, 2025HFCL Limited announced Annual dividend of INR 0.1000 per share payable on October 15, 2025, ex-date on September 08, 2025 and record date on September 08, 2025.お知らせ • Aug 21HFCL Limited to Report Fiscal Year 2026 Results on May 30, 2026HFCL Limited announced that they will report fiscal year 2026 results on May 30, 2026分析記事 • Aug 21HFCL (NSE:HFCL) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Aug 20HFCL Limited, Annual General Meeting, Sep 15, 2025HFCL Limited, Annual General Meeting, Sep 15, 2025, at 11:00 Indian Standard Time.Reported Earnings • Jul 26First quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.77 profit in 1Q 2025)First quarter 2026 results: ₹0.22 loss per share (down from ₹0.77 profit in 1Q 2025). Revenue: ₹8.71b (down 25% from 1Q 2025). Net loss: ₹322.4m (down 129% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Jul 18HFCL Limited to Report Q1, 2026 Results on Jul 25, 2025HFCL Limited announced that they will report Q1, 2026 results on Jul 25, 2025分析記事 • Jun 14HFCL Limited's (NSE:HFCL) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 70.6x HFCL Limited ( NSE:HFCL ) may be sending very bearish signals at the...Reported Earnings • May 23Full year 2025 earnings released: EPS: ₹1.23 (vs ₹2.33 in FY 2024)Full year 2025 results: EPS: ₹1.23 (down from ₹2.33 in FY 2024). Revenue: ₹41.2b (down 7.7% from FY 2024). Net income: ₹1.77b (down 46% from FY 2024). Profit margin: 4.3% (down from 7.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹90.08, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 26x in the Telecom industry in India. Total returns to shareholders of 42% over the past three years.お知らせ • May 10HFCL Limited to Report Q4, 2025 Results on May 22, 2025HFCL Limited announced that they will report Q4, 2025 results on May 22, 2025分析記事 • Apr 21The Returns On Capital At HFCL (NSE:HFCL) Don't Inspire ConfidenceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Feb 23HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.58 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.51 (down from ₹0.58 in 3Q 2024). Revenue: ₹10.1b (down 2.0% from 3Q 2024). Net income: ₹736.5m (down 10% from 3Q 2024). Profit margin: 7.3% (down from 8.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.お知らせ • Jan 23HFCL Limited to Report Q3, 2025 Results on Feb 03, 2025HFCL Limited announced that they will report Q3, 2025 results on Feb 03, 2025分析記事 • Jan 14HFCL Limited (NSE:HFCL) Shares May Have Slumped 26% But Getting In Cheap Is Still UnlikelyTo the annoyance of some shareholders, HFCL Limited ( NSE:HFCL ) shares are down a considerable 26% in the last month...分析記事 • Jan 10Investors Could Be Concerned With HFCL's (NSE:HFCL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...お知らせ • Jan 03HFCL Limited Announces Retirement of Subodh Kumar Garg as Executive Director - Growth StrategyHFCL Limited announced that Mr. Subodh Kumar Garg, Executive Director - Growth Strategy, a Senior Management Personnel of the Company, has retired from services of the Company with effect from the closing of business hours of December 31, 2024. However, he will continue to discharge his role and functions in the capacity of strategic advisor of the Company.Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ajai Kumar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 12HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.50 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.51 (up from ₹0.50 in 2Q 2024). Revenue: ₹10.9b (down 3.1% from 2Q 2024). Net income: ₹738.9m (up 6.4% from 2Q 2024). Profit margin: 6.8% (up from 6.2% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.分析記事 • Oct 23HFCL Limited's (NSE:HFCL) Popularity With Investors Under Threat As Stock Sinks 29%HFCL Limited ( NSE:HFCL ) shareholders won't be pleased to see that the share price has had a very rough month...お知らせ • Oct 16HFCL Limited Unveils Two Innovative UBR Solutions:, Advanced 4G & 5G Backhauling and Energy-Efficient Rural Broadband Connectivity SolutionsHFCL Limited announced the launch of two revolutionary Unlicensed Band Radio (UBR) products at the India Mobile Congress 2024, Pragati Maidan, New Delhi. Promising to address the surging data demands of today's network environments and yet maintaining sustainability, HFCL's new launches include: (a) 1 Gbps Small Form Factor 4G/5G backhauling Radio offering unprecedented spectral and power efficiency, and (b) Energy efficient 2 Gbps Point-to-Multipoint Rural connectivity UBR. These designed in India UBR products underline HFCL's position as a key player in the industry for 4G/5G wireless backhauling and rural connectivity solutions. HFCL's new UBR devices offer fibre-like speeds, power efficiency, and significant cost reductions on utilities and tower space, enabling telcos and service providers to save on CAPEX and OPEX alike. Unlike any of traditional backhauling solutions, be it fibre optics, which can be costly and limited in reach, microwave systems which have inherent capacity constraints, and E-band radios which face reliability issues, HFCL's UBRs deliver superior performance, ultra-high capacity and high reliability at almost one-tenth cost as compared to conventional backhauling methods. The 1 Gbps UBR features a compact, portable design with an integrated antenna, making it exceptionally easy to transport and install. Its small form factor is ideal for rapid deployment in both urban and rural environments and is packed with advanced features like bandwidth aggregation, low latency, minimized jitter, and long range etc. making this ideal for 4G and 5G backhauling. Even in compact form, the device provides 1 Gbps throughput, ensuring reliable and fast last-mile access and backhaul connectivity over longer distances. It also includes advanced RF interference mitigation technologies to enhance signal integrity and achievable throughput, optimizing network performance in challenging environments. The 2 Gbps UBR is ideal for providing connectivity in remote villages from a Gram Panchayat in point-to- multipoint scenario, allowing simultaneous delivery of high-bandwidth to multiple villages from a single fibre-PoP. This makes it an ideal solution for extensive deployments in remote and rural environments. These innovative UBRs are designed to deliver high throughput in last-mile and offers telcos and service providers with a scalable and robust wireless backhauling solution. What sets HFCL apart is that these new UBR devices, among other wireless and wired products in its portfolio, can be easily controlled, monitored, and managed through an advanced Element Management System (EMS). A single-pane-of-glass interface that simplifies network management for large-scale deployments for telcos and enterprises. Additionally, Link Planning tool LinkXpert allows for meticulous network planning in advance, ensuring optimal resource utilization and maximizing network efficiency. The Company has also hit a significant milestone of over 500,000 successful deployments of UBRs across its key markets including India, the UK, Europe, Middle East and Africa.お知らせ • Oct 11HFCL Limited to Report Q2, 2025 Results on Oct 21, 2024HFCL Limited announced that they will report Q2, 2025 results on Oct 21, 2024分析記事 • Sep 24We Think Shareholders Are Less Likely To Approve A Large Pay Rise For HFCL Limited's (NSE:HFCL) CEO For NowKey Insights HFCL to hold its Annual General Meeting on 30th of September Salary of ₹50.0m is part of CEO Mahendra...分析記事 • Sep 19HFCL (NSE:HFCL) Is Due To Pay A Dividend Of ₹0.20HFCL Limited ( NSE:HFCL ) has announced that it will pay a dividend of ₹0.20 per share on the 30th of October. The...Upcoming Dividend • Sep 18Upcoming dividend of ₹0.20 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 8.6% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (4.5%).お知らせ • Sep 12HFCL Limited Showcases Its Latest Range of Innovative High-Density Blown Fibre Solutions At the Connected Britain 2024 EventHFCL Limited showcased its latest range of innovative high-density blown fibre solutions at the Connected Britain 2024 event. The solutions include a comprehensive range of products including - a Compact Fibre Units (CFU) with capacities of up to 12 fibres, available in sizes between 1.1mm and 1.6mm diameter. A 36F Fibre Blown Nano family cable with a 2.4mm diameter. And a new Openreach's PIA approved 1F Aerial Drop Cable, with a 1mm diameter, has also been introduced. Together, these offerings will enable UK operators to connect customers more quickly, cost-effectively, and sustainably. These new additions, further expand HFCL's extensive optical fibre solution portfolio, paving the way for advanced fibre infrastructure and faster broadband rollouts in the UK, targeting Building Digital UK (BDUK) initiative. To accelerate digital connectivity in the UK, HFCL has unveiled a tailored portfolio of 1F-12F compact fibre units (CFUs). These CFUs feature a low-friction HDPE (High-Density Polyethylene) jacket, designed for efficient, long-distance installations in microducts. Capable of being jetted up to 1km at speeds exceeding 80 meters per minute, they deliver exceptional performance. The 12F and 6F units are ideal for low-fibre count distribution networks using small microducts, such as FTTA networks, while the 1F, 2F, and 4F units are perfect for final access even in the smallest microducts. Available in recyclable cardboard pans or reusable/recyclable spools, with lengths up to 6km, these ultra-compact fibre units also lower transportation costs per fibre-kilometre, reducing environmental impact and the carbon footprint associated with network construction. Another new component of HFCL's end-to-end fibre solution is the addition of a 36F version to its already successful 2-24 Fibre Blown Nano family, with a diameter range of 2mm - 2.4mm. This new version maintains the same 2.4mm diameter as the 24F cable, incorporating customised low-friction jacketing and HFCL's world-class 200-micron single-mode optical fibre. This cable is uniquely designed to ise fibre count in the smallest microducts, increasing the maximum available fibre count in a 2.4mm unit by 50%. The increased fibre density enables operators to maximise capacity within existing duct networks, avoiding the need for costly civil works to install new ducts. This higher packing density is also advantageous for operators leasing duct space, as it allows costs to be distributed across a larger number of fibres. HFCL has consciously implemented eco-friendly measures in the manufacturing of this cable, offering sustainable benefits by minimising the use of plastics and gel per fibre-kilometre and utilising recyclable reels. The PIA approved 3.5mm 1F aerial drop cable brings a cost effective and high-quality solution to customers. With Openreach's PIA approval, telecom providers can leverage existing infrastructure to install this 1F aerial drop cable. It is compatible with two leading clamps and works seamlessly with top Aerial Subscriber Nodes (ASN). An ASN is a crucial component in network infrastructure that enables last-mile connectivity, typically in rural or hard-to-reach areas. Mounted on aerial cable poles, it facilitates high-speed internet access by connecting subscribers to the main fibre optic network or wireless network. This solution range launched by HFCL is designed to meet the network requirements of telcos and multiple system operators (MSOs) deploying FTTx services in microducts, targeting markets in the UK, Europe, and North America. HFCL's innovative approach and focus on sustainability set these products apart from competitors, offering superior performance with unmatched customer service.分析記事 • Sep 05HFCL (NSE:HFCL) Will Pay A Dividend Of ₹0.20The board of HFCL Limited ( NSE:HFCL ) has announced that it will pay a dividend of ₹0.20 per share on the 30th of...Declared Dividend • Sep 04Dividend of ₹0.20 announcedDividend of ₹0.20 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 2.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 02HFCL Limited, Annual General Meeting, Sep 30, 2024HFCL Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time.お知らせ • Aug 27HFCL Limited Announces Cessation of Surendra Singh Sirohi as Independent Director, Member/Chairman of CommitteesHFCL Limited announced that Mr. Surendra Singh Sirohi (DIN: 07595264) has completed his second term as an Independent Director and consequently ceased to be a Director of the Company with effect from i.e. August 27, 2024. Consequently, Mr. Sirohi has also ceased to be a Member/Chairman of the following committees of the Company: - Audit Committee Member; Nomination, Remuneration and Compensation Committee (NRC) Chairman; Corporate Social Responsibility Committee (CSR) Member; and Environmental, Social, and Governance Committee (ESG) Chairman.分析記事 • Aug 23HFCL Limited's (NSE:HFCL) Shares Climb 29% But Its Business Is Yet to Catch UpDespite an already strong run, HFCL Limited ( NSE:HFCL ) shares have been powering on, with a gain of 29% in the last...分析記事 • Aug 22Be Wary Of HFCL (NSE:HFCL) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...お知らせ • Aug 22HFCL Limited Debuts New Ribbon and Microcable Solutions At ISE EXPO 2024HFCL Limited introduced a suite of new high-performance cable solutions at ISE EXPO 2024 in Dallas, Texas, USA. First, HFCL introduced a product line of high-density single-jacket single-armor Intermittently Bonded Ribbon (IBR) cables with 144-1728 fibers, a development which was recognized with the presentation of an ISE Innovators Award. Second, HFCL expanded its award-winning Nano Thin product line of loose tube microcables to add a 10.6mm diameter 864 fiber cable. As one of the leading global suppliers of optical fiber cables, HFCL will cater to changing demands for network deployment driven by growth in data centers, metro networks and FTTx in North America with these innovative cable solutions. In order to address the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL showcased its new family of 144-1728F Single-Jacket Single-Armor IBR Cables, the smallest, lightest and highest-density general purpose armored ribbon cables available in the North American market. The rugged armored design makes these cables ideal for lashed aerial, direct buried and duct deployments, with a wide range of fiber counts available to support OSP trunk and distribution applications. This patent-pending cable family features a tubeless design for simplified core access, and supports quick, direct access to the core with a guide notch for slitting tools. These craft-friendly features facilitate faster splicing in the field during both installation and restoration. Use of fiberglass-composite strength members instead of steel wire improves safety while supporting lower cable bend radius, enabling use of smaller handholes and pedestals to reduce both material consumption and system cost. Compared to competing armored IBR cable solutions, the cables themselves are more sustainable, with diameter reductions up to 24% and weight reductions ranging from 18 to 48%. HFCL has also extended its sustainable Nano Thin microcable product line to include a 10.6mm diameter 864 fiber cable. This innovative cable maximizes fiber capacity in 14mm diameter microducts to support increased traffic driven by AI and data centers. This 864 fiber cable uses cost-effective, backward-compatible ITU G.657.A1 optical fiber, and its fiber packing density of 9.8 fibers/mm2 is a world record for cables with this fiber type. The cable has a fill factor of 0.75 in 14mm diameter microduct, smaller than that of competing cables. This ideal fill factor enables fast installation by jetting, as demonstrated by a trial by HFCL in which 2,000m of cable was installed in duct on an industry-standard route in only 16 minutes, an astonishing speed of 125 m/minute.New Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).お知らせ • Jul 31Hfcl Develops Critical Defense Technologies Indigenously with Focus on ExportsHFCL has indigenously designed and developed various cutting edge defence technologies including Electronics Fuzes, Ti Cores for Thermal Sights, Thermal Weapon Sights for light machine guns and assault rifles, Ground Surveillance Radars for various range and applications, High Capacity Radio Relays, among others. HFCL is also in the advanced stage of discussions to adopt defence technology and products developed by the Indian Agencies. The Company's indigenously developed electronic fuzes for artillery ammunition have already undergone extensive testing. The intellectual property rights of these products are entirely owned by HFCL in line with the Atmanirbhar Bharat Abhiyaan. Discussions are underway for the export of these indigenously developed fuzes. HFCL has also designed 12-micron Ti-core based thermal weapon sight for defence forces, a feat accomplished by few global companies. HFCL has also participated in tenders for thermal weapon sights for light machine guns and rocket launchers with its indigenously developed products, which are currently in various stages of trials.Further, to fulfill the critical Information, Surveillance, and Reconnaissance (ISR) needs of Defense and Security Forces, HFCL has strategically focused on developing advanced radar technologies. In its initial offering, HFCL through its subsidiary, Raddef Private Limited, an R&D enterprise specializing in cutting-edge radars and RF solutions, has designed and developed a range of ground and coastal surveillance radars to meet diverse operational needs. These radars employ Frequency Modulated Continuous Wave (FMCW) technology, which offers numerous advantages over other radar technologies, including high accuracy, low power consumption, and resistance to interference. HFCL is also in discussion with a large player for the development of critical sub-systems for their overall surveillance platform. The surveillance radars have been subjected to extensive trials for ground and coastal surveillance applications. The senior defense officials recently visited the Company's R&D facility at Bangalore and appreciated the progress made by HFCL. HFCL is also one of the shortlisted vendors in the Make-II program of the Indian Army for upgrading armaments of BMP 2/2K, having successfully cleared first level of user trials. Aiming to be a significant contributor to the defense sector and fortify national security, HFCL has invested in its R&D capabilities over the past five years to develop various defense technologies. The Indian Defence forces, recognized as the world's fourth largest armed force, stands on the brink of a significant transformation. The Government has identified the Defence sector as pivotal area for the `Aatmanirbhar Bharat' initiative. This strategy focuses on fostering indigenous manufacturing capabilities and strengthening a robust research and development ecosystem. With active initiatives by Indian and various global governments to modernize and upgrade defense networks and systems, there is a total addressable market of multi billion dollars.Reported Earnings • Jul 25First quarter 2025 earnings released: EPS: ₹0.77 (vs ₹0.49 in 1Q 2024)First quarter 2025 results: EPS: ₹0.77 (up from ₹0.49 in 1Q 2024). Revenue: ₹11.6b (up 16% from 1Q 2024). Net income: ₹1.11b (up 64% from 1Q 2024). Profit margin: 9.6% (up from 6.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Jul 13HFCL Limited to Report Q1, 2025 Results on Jul 24, 2024HFCL Limited announced that they will report Q1, 2025 results on Jul 24, 2024Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹130, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 53x in the Telecom industry in India. Total returns to shareholders of 48% over the past three years.分析記事 • Jun 20HFCL Limited's (NSE:HFCL) 26% Share Price Surge Not Quite Adding UpDespite an already strong run, HFCL Limited ( NSE:HFCL ) shares have been powering on, with a gain of 26% in the last...New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹83.45, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 45x in the Telecom industry in India. Total returns to shareholders of 64% over the past three years.分析記事 • May 23Here's What's Concerning About HFCL's (NSE:HFCL) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Reported Earnings • May 04Full year 2024 earnings released: EPS: ₹2.33 (vs ₹2.18 in FY 2023)Full year 2024 results: EPS: ₹2.33 (up from ₹2.18 in FY 2023). Revenue: ₹45.7b (down 3.7% from FY 2023). Net income: ₹3.30b (up 9.6% from FY 2023). Profit margin: 7.2% (up from 6.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.お知らせ • Apr 21HFCL Limited to Report Q4, 2024 Results on May 03, 2024HFCL Limited announced that they will report Q4, 2024 results on May 03, 2024分析記事 • Mar 28HFCL Limited's (NSE:HFCL) Shareholders Might Be Looking For ExitHFCL Limited's ( NSE:HFCL ) price-to-earnings (or "P/E") ratio of 45.9x might make it look like a strong sell right now...Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹83.70, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 47x in the Telecom industry in India. Total returns to shareholders of 215% over the past three years.分析記事 • Feb 21There Are Reasons To Feel Uneasy About HFCL's (NSE:HFCL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: ₹0.58 (vs ₹0.69 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.58 (down from ₹0.69 in 3Q 2023). Revenue: ₹10.8b (flat on 3Q 2023). Net income: ₹822.4m (down 14% from 3Q 2023). Profit margin: 7.6% (down from 8.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹106, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 53x in the Telecom industry in India. Total returns to shareholders of 275% over the past three years.お知らせ • Jan 12HFCL Limited to Report Q3, 2024 Results on Jan 25, 2024HFCL Limited announced that they will report Q3, 2024 results on Jan 25, 2024分析記事 • Dec 26With HFCL Limited (NSE:HFCL) It Looks Like You'll Get What You Pay ForHFCL Limited's ( NSE:HFCL ) price-to-earnings (or "P/E") ratio of 38.4x might make it look like a sell right now...分析記事 • Nov 17HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Oct 31HFCL Limited Launches a Suite of Connectivity Products and Solutions for Global Telcos and EnterprisesHFCL Limited has unveiled a pioneering suite of 5G products and network solutions at the India Mobile Congress 2023 held during October 27, 2023 to October 29, 2023. HFCL launched a comprehensive suite of next-gen connectivity products and solutions for the international markets, including 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment), IP MPLS Routers, 2 Gbps UBR (Unlicensed Band Radio), and 1728-high fiber count IBR (Intermittently Bonded Ribbon) Optical Fibre Cable. HFCL has unveiled its own designed and developed 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution in various variants. Pioneering innovative technology products, HFCL's portfolio of Indoor and Outdoor 5G FWA CPE products will accelerate wireless broadband penetration in urban, rural areas and help bridge the last-mile connectivity challenge in key global markets. Built to complement wired broadband connections in areas where fibre rollout is limited, HFCL's range of 5G FWA CPE support both 5G SA and NSA technologies across multiple Sub-6 GHz and mmWave frequency bands to offer cost-effective and fibre-like speeds to customers using the 5G network. Marking a significant leap in offering 5G backhauling and carrier-grade enterprise wireless connectivity, the launch of 2 Gbps UBR positions HFCL as a dominant player in the growing Indian and global UBR market. This innovative product offers a low-latency, 2 Gbps connectivity solution which can operate across an extended 5GHz frequency range. It is designed for easy installation, effortless management, high reliability and has advanced security features to protect from external threat vectors. Further, in comparison to traditional backhaul solutions, 5G wireless backhauling with 2 Gbps UBR will enable HFCL's customers to save up to 75% on the total cost of ownership (TCO). Further, addressing the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL has also launched revolutionary IP MPLS Routers. The comprehensive IP MPLS Router product line introduced by HFCL aims to empower telcos to backhaul 5G networks, fibre broadband networks and provide last mile connectivity to enterprises in urban metros and tier 2 cities. This IP MPLS Router portfolio will help HFCL's customers build scalable and efficient networks that are capable of handling different types of data traffic, support Quality of Service (QoS) for bandwidth prioritization and avoid network congestion. Along with these, HFCL has also introduced its 1728-high-fibre count Intermittently Bonded Ribbon (IBR) Optical Fibre Cable that will allow telcos and enterprises to accelerate installation of 5G network infrastructure, expand FTTH capabilities and address the rising demand for high-capacity networks particularly from hyper scale data centres. The gel-free IBR cable is also optimised with high productivity mass fusion splicing for cost efficient deployment, easy installation in congested areas and quick restoration in case of any accidental outage.Reported Earnings • Oct 22Second quarter 2024 earnings released: EPS: ₹0.50 (vs ₹0.60 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.50 (down from ₹0.60 in 2Q 2023). Revenue: ₹11.3b (down 3.8% from 2Q 2023). Net income: ₹694.2m (down 15% from 2Q 2023). Profit margin: 6.2% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 21HFCL (NSE:HFCL) Could Be Struggling To Allocate CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...お知らせ • Oct 11HFCL Limited to Report Q2, 2024 Results on Oct 19, 2023HFCL Limited announced that they will report Q2, 2024 results on Oct 19, 2023分析記事 • Sep 24This Is The Reason Why We Think HFCL Limited's (NSE:HFCL) CEO Deserves A Bump Up To Their CompensationKey Insights HFCL to hold its Annual General Meeting on 30th of September Total pay for CEO Mahendra Nahata includes...Upcoming Dividend • Sep 15Upcoming dividend of ₹0.20 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 9.2% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (4.3%).分析記事 • Sep 04HFCL (NSE:HFCL) Has Announced That It Will Be Increasing Its Dividend To ₹0.20HFCL Limited ( NSE:HFCL ) has announced that it will be increasing its dividend from last year's comparable payment on...お知らせ • Sep 02HFCL Limited, Annual General Meeting, Sep 30, 2023HFCL Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time.New Risk • Sep 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.お知らせ • Aug 25HFCL Limited Announces Retirement of Brij Bhushan Singh as Executive President- Defence ProductsHFCL Limited announced that Mr. Brij Bhushan Singh, Executive President- Defence Products has vide e-mail sent on August 04, 2023 expressed his desire to take early retirement, due to his personal reasons. It is further informed that on his request, Mr. Brij Bhushan Singh has been relieved from his duties, effective end of business hours of August 18, 2023.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: ₹0.49 (vs ₹0.37 in 1Q 2023)First quarter 2024 results: EPS: ₹0.49 (up from ₹0.37 in 1Q 2023). Revenue: ₹9.95b (down 5.3% from 1Q 2023). Net income: ₹680.9m (up 33% from 1Q 2023). Profit margin: 6.8% (up from 4.9% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 15HFCL Limited to Report Q1, 2024 Results on Jul 26, 2023HFCL Limited announced that they will report Q1, 2024 results on Jul 26, 2023分析記事 • Jun 27We Think HFCL (NSE:HFCL) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jun 06Return Trends At HFCL (NSE:HFCL) Aren't AppealingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...お知らせ • May 09HFCL Limited Proposes Dividend for the Year 2023HFCL Limited proposed dividend for the financial year 2022-23 @ 20%, i.e., INR 0.20 per equity share of face value INR 1 each, out of the Profits of the Company for the financial year 2022-23, which shall be paid, subject to the approval of the shareholders in the upcoming annual general meeting or other authorities, wherever required. The Dividend for the financial year ended March 31, 2023, if declared, at the upcoming annual general meeting, will be paid to the shareholders, within 30 days from the date of declaration.Reported Earnings • May 09Full year 2023 earnings released: EPS: ₹2.18 (vs ₹2.38 in FY 2022)Full year 2023 results: EPS: ₹2.18 (down from ₹2.38 in FY 2022). Revenue: ₹47.9b (up 1.3% from FY 2022). Net income: ₹3.01b (down 3.9% from FY 2022). Profit margin: 6.3% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 28Does HFCL (NSE:HFCL) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Ajay Kumar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 25Third quarter 2023 earnings released: EPS: ₹0.69 (vs ₹0.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.69 (up from ₹0.59 in 3Q 2022). Revenue: ₹10.9b (down 11% from 3Q 2022). Net income: ₹961.3m (up 23% from 3Q 2022). Profit margin: 8.9% (up from 6.4% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 12HFCL Limited to Report Q3, 2023 Results on Jan 23, 2023HFCL Limited announced that they will report Q3, 2023 results on Jan 23, 2023Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹66.40, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 20x in the Telecom industry in India. Total returns to shareholders of 279% over the past three years.分析記事 • Dec 17Is HFCL (NSE:HFCL) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹0.60 (vs ₹0.64 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.60. Revenue: ₹11.7b (up 4.6% from 2Q 2022). Net income: ₹818.4m (flat on 2Q 2022). Profit margin: 7.0% (down from 7.3% in 2Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Oct 17HFCL Limited announced that it has received INR 282 million in funding from MN Ventures Private Limited and other investorsOn October 15, 2022. As of the same date, the transaction was approved in the 35th annual general meeting of the company.お知らせ • Oct 11HFCL Limited to Report Q2, 2023 Results on Oct 18, 2022HFCL Limited announced that they will report Q2, 2023 results on Oct 18, 2022お知らせ • Oct 04HFCL Limited Announces the Launch of 5G Lab-As-A-ServiceHFCL Limited announced the launch of 5G Lab-as-a-Service to accelerate rollout of 5G solutions and services. Telecom operators are adopting multi-vendor networks based on cloud-native technologies for faster and cost-effective rollout of 5G services and for improved user experience. There is also a need to support multiple frequency bands (sub-6 GHz, millimeter wave) and various deployment scenarios to realize diverse 5G use cases for Consumer, Enterprise and Industry Verticals. HFCL's 5G Lab-as-a-Service provides an automated test environment for the private sector, academia and government to work together on product innovations from concept to reality. The 5G Lab provides a sandbox for rapid prototyping of 5G use cases addressing the needs of various industry segments that include manufacturing, transportation, healthcare and retail. The 5G Lab will help to create pre-integrated and pre-validated 5G solutions for Low Mobility Large Cell needed for efficient rollout of rural mobile broadband in the country. With a proven track record of delivering fully integrated solutions for telecom networks, HFCL is bringing its system integration expertise to 5G networks. The lab is equipped with a multi-vendor 5G network and test tools that include signal analyzer and signal generator for RF conformance tests, O-RAN studio, PTP conformance test equipment and anechoic chamber. HFCL has built an agile DevOps-based test platform for automated lab validation, field deployment, and service automation. HFCL is offering this 5G Lab-as-a-Service (LaaS) to technology providers for: Standard compliance and interface testing (3GPP), Feature testing including functional, stress and performance testing, Proof of concept, pre-deployment and field testing, End user devices, network functions, infrastructure and applications testing. HFCL will provide access to highly skilled teams with expertise in 5G networks and devices including expertise in DevOps, CI/CD, Kubernetes, and cloud-native technologies that are needed for testing in 5G environments. From rapid prototyping to end-to-end testing, HFCL's 5G Lab will enable telecom operators and ecosystem partners to innovate and co-create 5G solutions, services and business models to build new 5G use cases and unlock the benefits of this technology.お知らせ • Oct 02HFCL Limited Approves Declaration of Dividend for the Financial Year Ended 31st March, 2022The AGM of HFCL Limited held on 30th September, 2022, has approved declaration of Dividend of INR 0.18 (Eighteen Paisa only) or 18% per fully paid-up equity share of face value of INR 1 (Rupee One only) for the financial year ended 31st March, 2022.分析記事 • Sep 24Most Shareholders Will Probably Find That The CEO Compensation For HFCL Limited (NSE:HFCL) Is ReasonableHFCL Limited ( NSE:HFCL ) has exhibited strong share price growth in the past few years. However, its earnings growth...Upcoming Dividend • Sep 15Upcoming dividend of ₹0.18 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 October 2022. Payout ratio is a comfortable 8.7% and the cash payout ratio is 84%. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (4.4%).分析記事 • Sep 10HFCL (NSE:HFCL) Will Pay A Larger Dividend Than Last Year At ₹0.18HFCL Limited ( NSE:HFCL ) has announced that it will be increasing its dividend from last year's comparable payment on...お知らせ • Sep 03HFCL Limited, Annual General Meeting, Sep 30, 2022HFCL Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time.業績と収益の成長予測NSEI:HFCL - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202873,740N/AN/AN/A13/31/202758,130N/AN/AN/A13/31/202649,4933,117-7,234-3,781N/A12/31/202539,259518N/AN/AN/A9/30/202537,270278-1,7572,211N/A6/30/202537,773339N/AN/AN/A3/31/202540,6451,774-1323,960N/A12/31/202445,8993,689N/AN/AN/A9/30/202446,1023,775-3,0121,390N/A6/30/202446,2813,730N/AN/AN/A3/31/202444,6513,298-4,549-449N/A12/31/202345,7202,916N/AN/AN/A9/30/202346,4673,055-2,0031,830N/A6/30/202346,8753,179N/AN/AN/A3/31/202347,4333,010-1,0642,351N/A12/31/202244,9332,945N/AN/AN/A9/30/202246,2272,767-4,758-2,334N/A6/30/202245,7132,765N/AN/AN/A3/31/202247,2713,1312232,054N/A12/31/202149,3553,325N/AN/AN/A9/30/202149,9783,3643,6365,201N/A6/30/202149,3013,057N/AN/AN/A3/31/202144,2302,3903871,448N/A12/31/202036,9481,601N/AN/AN/A9/30/202032,7071,240-843-20N/A6/30/202031,9591,380N/AN/AN/A3/31/202038,3892,273451,724N/A12/31/201943,9122,841N/AN/AN/A9/30/201947,5863,056N/AN/AN/A6/30/201949,9222,843N/AN/AN/A3/31/201947,3782,199N/A339N/A3/31/201832,2741,679N/A2,071N/A3/31/201721,3141,229N/A1,361N/A3/31/201628,7352,655N/A4N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: HFCLの予測収益成長が 貯蓄率 ( 6.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: HFCLの収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: HFCLの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: HFCLの収益 ( 20% ) Indian市場 ( 10.8% ) よりも速いペースで成長すると予測されています。高い収益成長: HFCLの収益 ( 20% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: HFCLの 自己資本利益率 は、3年後には低くなると予測されています ( 14 %)。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 03:11終値2026/05/21 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋HFCL Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Anil BurraFirstCall ResearchMithun JosephGeojit Financial Services Ltd.Abhijit MitraICICI Securities Ltd.
分析記事 • May 08Impressive Earnings May Not Tell The Whole Story For HFCL (NSE:HFCL)HFCL Limited's ( NSE:HFCL ) stock was strong after they recently reported robust earnings. However, we think that...
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹146, the stock trades at a trailing P/E ratio of 71.8x. Average forward P/E is 14x in the Telecom industry in India. Total returns to shareholders of 118% over the past three years.
Reported Earnings • May 05Full year 2026 earnings released: EPS: ₹2.13 (vs ₹1.23 in FY 2025)Full year 2026 results: EPS: ₹2.13 (up from ₹1.23 in FY 2025). Revenue: ₹50.1b (up 23% from FY 2025). Net income: ₹3.12b (up 76% from FY 2025). Profit margin: 6.2% (up from 4.4% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 04Third quarter 2026 earnings released: EPS: ₹0.67 (vs ₹0.51 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.67 (up from ₹0.51 in 3Q 2025). Revenue: ₹12.1b (up 20% from 3Q 2025). Net income: ₹976.2m (up 33% from 3Q 2025). Profit margin: 8.1% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jan 22HFCL Limited to Report Q3, 2026 Results on Feb 03, 2026HFCL Limited announced that they will report Q3, 2026 results on Feb 03, 2026
お知らせ • Dec 23HFCL Limited has filed a Follow-on Equity Offering.HFCL Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Regulation S; Subsequent Direct Listing
分析記事 • Dec 09Capital Allocation Trends At HFCL (NSE:HFCL) Aren't IdealWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
分析記事 • Nov 01Here's Why HFCL (NSE:HFCL) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Oct 20Second quarter 2026 earnings released: EPS: ₹0.47 (vs ₹0.51 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.47 (down from ₹0.51 in 2Q 2025). Revenue: ₹10.4b (down 4.6% from 2Q 2025). Net income: ₹678.6m (down 8.2% from 2Q 2025). Profit margin: 6.5% (down from 6.8% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 09HFCL Limited to Report Q2, 2026 Results on Oct 17, 2025HFCL Limited announced that they will report Q2, 2026 results on Oct 17, 2025
分析記事 • Oct 04HFCL Limited's (NSE:HFCL) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that HFCL Limited's ( NSE:HFCL ) price-to-sales (or "P/S") ratio of 2.9x right now seems...
分析記事 • Sep 09We Discuss Why HFCL Limited's (NSE:HFCL) CEO Compensation May Be Closely ReviewedKey Insights HFCL to hold its Annual General Meeting on 15th of September CEO Mahendra Nahata's total compensation...
お知らせ • Sep 02Trinity Tech Solutions entered into a Share Purchase Agreement to acquire 15.19% stake in Nivetti Systems Private Limited from HFCL Limited (NSEI:HFCL) for approximately INR 520 million.Trinity Tech Solutions entered into a Share Purchase Agreement to acquire 15.19% stake in Nivetti Systems Private Limited from HFCL Limited (NSEI:HFCL) for approximately INR 520 million on September 1, 2025. Under the terms of the SPA, the Company has agreed to sell its entire stake, i.e., 2,17,594 equity shares representing 15.19% of the total shareholding in Nivetti, to Trinity in one or more tranches, for a total consideration of INR 520 million. The expected date of completion will be On or before October 15, 2025.
Upcoming Dividend • Sep 01Upcoming dividend of ₹0.10 per shareEligible shareholders must have bought the stock before 08 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 8.1% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (4.9%).
お知らせ • Aug 22HFCL Limited announces Annual dividend, payable on October 15, 2025HFCL Limited announced Annual dividend of INR 0.1000 per share payable on October 15, 2025, ex-date on September 08, 2025 and record date on September 08, 2025.
お知らせ • Aug 21HFCL Limited to Report Fiscal Year 2026 Results on May 30, 2026HFCL Limited announced that they will report fiscal year 2026 results on May 30, 2026
分析記事 • Aug 21HFCL (NSE:HFCL) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Aug 20HFCL Limited, Annual General Meeting, Sep 15, 2025HFCL Limited, Annual General Meeting, Sep 15, 2025, at 11:00 Indian Standard Time.
Reported Earnings • Jul 26First quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.77 profit in 1Q 2025)First quarter 2026 results: ₹0.22 loss per share (down from ₹0.77 profit in 1Q 2025). Revenue: ₹8.71b (down 25% from 1Q 2025). Net loss: ₹322.4m (down 129% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Jul 18HFCL Limited to Report Q1, 2026 Results on Jul 25, 2025HFCL Limited announced that they will report Q1, 2026 results on Jul 25, 2025
分析記事 • Jun 14HFCL Limited's (NSE:HFCL) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 70.6x HFCL Limited ( NSE:HFCL ) may be sending very bearish signals at the...
Reported Earnings • May 23Full year 2025 earnings released: EPS: ₹1.23 (vs ₹2.33 in FY 2024)Full year 2025 results: EPS: ₹1.23 (down from ₹2.33 in FY 2024). Revenue: ₹41.2b (down 7.7% from FY 2024). Net income: ₹1.77b (down 46% from FY 2024). Profit margin: 4.3% (down from 7.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹90.08, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 26x in the Telecom industry in India. Total returns to shareholders of 42% over the past three years.
お知らせ • May 10HFCL Limited to Report Q4, 2025 Results on May 22, 2025HFCL Limited announced that they will report Q4, 2025 results on May 22, 2025
分析記事 • Apr 21The Returns On Capital At HFCL (NSE:HFCL) Don't Inspire ConfidenceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Feb 23HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.58 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.51 (down from ₹0.58 in 3Q 2024). Revenue: ₹10.1b (down 2.0% from 3Q 2024). Net income: ₹736.5m (down 10% from 3Q 2024). Profit margin: 7.3% (down from 8.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Jan 23HFCL Limited to Report Q3, 2025 Results on Feb 03, 2025HFCL Limited announced that they will report Q3, 2025 results on Feb 03, 2025
分析記事 • Jan 14HFCL Limited (NSE:HFCL) Shares May Have Slumped 26% But Getting In Cheap Is Still UnlikelyTo the annoyance of some shareholders, HFCL Limited ( NSE:HFCL ) shares are down a considerable 26% in the last month...
分析記事 • Jan 10Investors Could Be Concerned With HFCL's (NSE:HFCL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
お知らせ • Jan 03HFCL Limited Announces Retirement of Subodh Kumar Garg as Executive Director - Growth StrategyHFCL Limited announced that Mr. Subodh Kumar Garg, Executive Director - Growth Strategy, a Senior Management Personnel of the Company, has retired from services of the Company with effect from the closing of business hours of December 31, 2024. However, he will continue to discharge his role and functions in the capacity of strategic advisor of the Company.
Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ajai Kumar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 12HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.50 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.51 (up from ₹0.50 in 2Q 2024). Revenue: ₹10.9b (down 3.1% from 2Q 2024). Net income: ₹738.9m (up 6.4% from 2Q 2024). Profit margin: 6.8% (up from 6.2% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
分析記事 • Oct 23HFCL Limited's (NSE:HFCL) Popularity With Investors Under Threat As Stock Sinks 29%HFCL Limited ( NSE:HFCL ) shareholders won't be pleased to see that the share price has had a very rough month...
お知らせ • Oct 16HFCL Limited Unveils Two Innovative UBR Solutions:, Advanced 4G & 5G Backhauling and Energy-Efficient Rural Broadband Connectivity SolutionsHFCL Limited announced the launch of two revolutionary Unlicensed Band Radio (UBR) products at the India Mobile Congress 2024, Pragati Maidan, New Delhi. Promising to address the surging data demands of today's network environments and yet maintaining sustainability, HFCL's new launches include: (a) 1 Gbps Small Form Factor 4G/5G backhauling Radio offering unprecedented spectral and power efficiency, and (b) Energy efficient 2 Gbps Point-to-Multipoint Rural connectivity UBR. These designed in India UBR products underline HFCL's position as a key player in the industry for 4G/5G wireless backhauling and rural connectivity solutions. HFCL's new UBR devices offer fibre-like speeds, power efficiency, and significant cost reductions on utilities and tower space, enabling telcos and service providers to save on CAPEX and OPEX alike. Unlike any of traditional backhauling solutions, be it fibre optics, which can be costly and limited in reach, microwave systems which have inherent capacity constraints, and E-band radios which face reliability issues, HFCL's UBRs deliver superior performance, ultra-high capacity and high reliability at almost one-tenth cost as compared to conventional backhauling methods. The 1 Gbps UBR features a compact, portable design with an integrated antenna, making it exceptionally easy to transport and install. Its small form factor is ideal for rapid deployment in both urban and rural environments and is packed with advanced features like bandwidth aggregation, low latency, minimized jitter, and long range etc. making this ideal for 4G and 5G backhauling. Even in compact form, the device provides 1 Gbps throughput, ensuring reliable and fast last-mile access and backhaul connectivity over longer distances. It also includes advanced RF interference mitigation technologies to enhance signal integrity and achievable throughput, optimizing network performance in challenging environments. The 2 Gbps UBR is ideal for providing connectivity in remote villages from a Gram Panchayat in point-to- multipoint scenario, allowing simultaneous delivery of high-bandwidth to multiple villages from a single fibre-PoP. This makes it an ideal solution for extensive deployments in remote and rural environments. These innovative UBRs are designed to deliver high throughput in last-mile and offers telcos and service providers with a scalable and robust wireless backhauling solution. What sets HFCL apart is that these new UBR devices, among other wireless and wired products in its portfolio, can be easily controlled, monitored, and managed through an advanced Element Management System (EMS). A single-pane-of-glass interface that simplifies network management for large-scale deployments for telcos and enterprises. Additionally, Link Planning tool LinkXpert allows for meticulous network planning in advance, ensuring optimal resource utilization and maximizing network efficiency. The Company has also hit a significant milestone of over 500,000 successful deployments of UBRs across its key markets including India, the UK, Europe, Middle East and Africa.
お知らせ • Oct 11HFCL Limited to Report Q2, 2025 Results on Oct 21, 2024HFCL Limited announced that they will report Q2, 2025 results on Oct 21, 2024
分析記事 • Sep 24We Think Shareholders Are Less Likely To Approve A Large Pay Rise For HFCL Limited's (NSE:HFCL) CEO For NowKey Insights HFCL to hold its Annual General Meeting on 30th of September Salary of ₹50.0m is part of CEO Mahendra...
分析記事 • Sep 19HFCL (NSE:HFCL) Is Due To Pay A Dividend Of ₹0.20HFCL Limited ( NSE:HFCL ) has announced that it will pay a dividend of ₹0.20 per share on the 30th of October. The...
Upcoming Dividend • Sep 18Upcoming dividend of ₹0.20 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 8.6% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (4.5%).
お知らせ • Sep 12HFCL Limited Showcases Its Latest Range of Innovative High-Density Blown Fibre Solutions At the Connected Britain 2024 EventHFCL Limited showcased its latest range of innovative high-density blown fibre solutions at the Connected Britain 2024 event. The solutions include a comprehensive range of products including - a Compact Fibre Units (CFU) with capacities of up to 12 fibres, available in sizes between 1.1mm and 1.6mm diameter. A 36F Fibre Blown Nano family cable with a 2.4mm diameter. And a new Openreach's PIA approved 1F Aerial Drop Cable, with a 1mm diameter, has also been introduced. Together, these offerings will enable UK operators to connect customers more quickly, cost-effectively, and sustainably. These new additions, further expand HFCL's extensive optical fibre solution portfolio, paving the way for advanced fibre infrastructure and faster broadband rollouts in the UK, targeting Building Digital UK (BDUK) initiative. To accelerate digital connectivity in the UK, HFCL has unveiled a tailored portfolio of 1F-12F compact fibre units (CFUs). These CFUs feature a low-friction HDPE (High-Density Polyethylene) jacket, designed for efficient, long-distance installations in microducts. Capable of being jetted up to 1km at speeds exceeding 80 meters per minute, they deliver exceptional performance. The 12F and 6F units are ideal for low-fibre count distribution networks using small microducts, such as FTTA networks, while the 1F, 2F, and 4F units are perfect for final access even in the smallest microducts. Available in recyclable cardboard pans or reusable/recyclable spools, with lengths up to 6km, these ultra-compact fibre units also lower transportation costs per fibre-kilometre, reducing environmental impact and the carbon footprint associated with network construction. Another new component of HFCL's end-to-end fibre solution is the addition of a 36F version to its already successful 2-24 Fibre Blown Nano family, with a diameter range of 2mm - 2.4mm. This new version maintains the same 2.4mm diameter as the 24F cable, incorporating customised low-friction jacketing and HFCL's world-class 200-micron single-mode optical fibre. This cable is uniquely designed to ise fibre count in the smallest microducts, increasing the maximum available fibre count in a 2.4mm unit by 50%. The increased fibre density enables operators to maximise capacity within existing duct networks, avoiding the need for costly civil works to install new ducts. This higher packing density is also advantageous for operators leasing duct space, as it allows costs to be distributed across a larger number of fibres. HFCL has consciously implemented eco-friendly measures in the manufacturing of this cable, offering sustainable benefits by minimising the use of plastics and gel per fibre-kilometre and utilising recyclable reels. The PIA approved 3.5mm 1F aerial drop cable brings a cost effective and high-quality solution to customers. With Openreach's PIA approval, telecom providers can leverage existing infrastructure to install this 1F aerial drop cable. It is compatible with two leading clamps and works seamlessly with top Aerial Subscriber Nodes (ASN). An ASN is a crucial component in network infrastructure that enables last-mile connectivity, typically in rural or hard-to-reach areas. Mounted on aerial cable poles, it facilitates high-speed internet access by connecting subscribers to the main fibre optic network or wireless network. This solution range launched by HFCL is designed to meet the network requirements of telcos and multiple system operators (MSOs) deploying FTTx services in microducts, targeting markets in the UK, Europe, and North America. HFCL's innovative approach and focus on sustainability set these products apart from competitors, offering superior performance with unmatched customer service.
分析記事 • Sep 05HFCL (NSE:HFCL) Will Pay A Dividend Of ₹0.20The board of HFCL Limited ( NSE:HFCL ) has announced that it will pay a dividend of ₹0.20 per share on the 30th of...
Declared Dividend • Sep 04Dividend of ₹0.20 announcedDividend of ₹0.20 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.1%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 2.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 02HFCL Limited, Annual General Meeting, Sep 30, 2024HFCL Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time.
お知らせ • Aug 27HFCL Limited Announces Cessation of Surendra Singh Sirohi as Independent Director, Member/Chairman of CommitteesHFCL Limited announced that Mr. Surendra Singh Sirohi (DIN: 07595264) has completed his second term as an Independent Director and consequently ceased to be a Director of the Company with effect from i.e. August 27, 2024. Consequently, Mr. Sirohi has also ceased to be a Member/Chairman of the following committees of the Company: - Audit Committee Member; Nomination, Remuneration and Compensation Committee (NRC) Chairman; Corporate Social Responsibility Committee (CSR) Member; and Environmental, Social, and Governance Committee (ESG) Chairman.
分析記事 • Aug 23HFCL Limited's (NSE:HFCL) Shares Climb 29% But Its Business Is Yet to Catch UpDespite an already strong run, HFCL Limited ( NSE:HFCL ) shares have been powering on, with a gain of 29% in the last...
分析記事 • Aug 22Be Wary Of HFCL (NSE:HFCL) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
お知らせ • Aug 22HFCL Limited Debuts New Ribbon and Microcable Solutions At ISE EXPO 2024HFCL Limited introduced a suite of new high-performance cable solutions at ISE EXPO 2024 in Dallas, Texas, USA. First, HFCL introduced a product line of high-density single-jacket single-armor Intermittently Bonded Ribbon (IBR) cables with 144-1728 fibers, a development which was recognized with the presentation of an ISE Innovators Award. Second, HFCL expanded its award-winning Nano Thin product line of loose tube microcables to add a 10.6mm diameter 864 fiber cable. As one of the leading global suppliers of optical fiber cables, HFCL will cater to changing demands for network deployment driven by growth in data centers, metro networks and FTTx in North America with these innovative cable solutions. In order to address the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL showcased its new family of 144-1728F Single-Jacket Single-Armor IBR Cables, the smallest, lightest and highest-density general purpose armored ribbon cables available in the North American market. The rugged armored design makes these cables ideal for lashed aerial, direct buried and duct deployments, with a wide range of fiber counts available to support OSP trunk and distribution applications. This patent-pending cable family features a tubeless design for simplified core access, and supports quick, direct access to the core with a guide notch for slitting tools. These craft-friendly features facilitate faster splicing in the field during both installation and restoration. Use of fiberglass-composite strength members instead of steel wire improves safety while supporting lower cable bend radius, enabling use of smaller handholes and pedestals to reduce both material consumption and system cost. Compared to competing armored IBR cable solutions, the cables themselves are more sustainable, with diameter reductions up to 24% and weight reductions ranging from 18 to 48%. HFCL has also extended its sustainable Nano Thin microcable product line to include a 10.6mm diameter 864 fiber cable. This innovative cable maximizes fiber capacity in 14mm diameter microducts to support increased traffic driven by AI and data centers. This 864 fiber cable uses cost-effective, backward-compatible ITU G.657.A1 optical fiber, and its fiber packing density of 9.8 fibers/mm2 is a world record for cables with this fiber type. The cable has a fill factor of 0.75 in 14mm diameter microduct, smaller than that of competing cables. This ideal fill factor enables fast installation by jetting, as demonstrated by a trial by HFCL in which 2,000m of cable was installed in duct on an industry-standard route in only 16 minutes, an astonishing speed of 125 m/minute.
New Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding).
お知らせ • Jul 31Hfcl Develops Critical Defense Technologies Indigenously with Focus on ExportsHFCL has indigenously designed and developed various cutting edge defence technologies including Electronics Fuzes, Ti Cores for Thermal Sights, Thermal Weapon Sights for light machine guns and assault rifles, Ground Surveillance Radars for various range and applications, High Capacity Radio Relays, among others. HFCL is also in the advanced stage of discussions to adopt defence technology and products developed by the Indian Agencies. The Company's indigenously developed electronic fuzes for artillery ammunition have already undergone extensive testing. The intellectual property rights of these products are entirely owned by HFCL in line with the Atmanirbhar Bharat Abhiyaan. Discussions are underway for the export of these indigenously developed fuzes. HFCL has also designed 12-micron Ti-core based thermal weapon sight for defence forces, a feat accomplished by few global companies. HFCL has also participated in tenders for thermal weapon sights for light machine guns and rocket launchers with its indigenously developed products, which are currently in various stages of trials.Further, to fulfill the critical Information, Surveillance, and Reconnaissance (ISR) needs of Defense and Security Forces, HFCL has strategically focused on developing advanced radar technologies. In its initial offering, HFCL through its subsidiary, Raddef Private Limited, an R&D enterprise specializing in cutting-edge radars and RF solutions, has designed and developed a range of ground and coastal surveillance radars to meet diverse operational needs. These radars employ Frequency Modulated Continuous Wave (FMCW) technology, which offers numerous advantages over other radar technologies, including high accuracy, low power consumption, and resistance to interference. HFCL is also in discussion with a large player for the development of critical sub-systems for their overall surveillance platform. The surveillance radars have been subjected to extensive trials for ground and coastal surveillance applications. The senior defense officials recently visited the Company's R&D facility at Bangalore and appreciated the progress made by HFCL. HFCL is also one of the shortlisted vendors in the Make-II program of the Indian Army for upgrading armaments of BMP 2/2K, having successfully cleared first level of user trials. Aiming to be a significant contributor to the defense sector and fortify national security, HFCL has invested in its R&D capabilities over the past five years to develop various defense technologies. The Indian Defence forces, recognized as the world's fourth largest armed force, stands on the brink of a significant transformation. The Government has identified the Defence sector as pivotal area for the `Aatmanirbhar Bharat' initiative. This strategy focuses on fostering indigenous manufacturing capabilities and strengthening a robust research and development ecosystem. With active initiatives by Indian and various global governments to modernize and upgrade defense networks and systems, there is a total addressable market of multi billion dollars.
Reported Earnings • Jul 25First quarter 2025 earnings released: EPS: ₹0.77 (vs ₹0.49 in 1Q 2024)First quarter 2025 results: EPS: ₹0.77 (up from ₹0.49 in 1Q 2024). Revenue: ₹11.6b (up 16% from 1Q 2024). Net income: ₹1.11b (up 64% from 1Q 2024). Profit margin: 9.6% (up from 6.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Jul 13HFCL Limited to Report Q1, 2025 Results on Jul 24, 2024HFCL Limited announced that they will report Q1, 2025 results on Jul 24, 2024
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹130, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 53x in the Telecom industry in India. Total returns to shareholders of 48% over the past three years.
分析記事 • Jun 20HFCL Limited's (NSE:HFCL) 26% Share Price Surge Not Quite Adding UpDespite an already strong run, HFCL Limited ( NSE:HFCL ) shares have been powering on, with a gain of 26% in the last...
New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹83.45, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 45x in the Telecom industry in India. Total returns to shareholders of 64% over the past three years.
分析記事 • May 23Here's What's Concerning About HFCL's (NSE:HFCL) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Reported Earnings • May 04Full year 2024 earnings released: EPS: ₹2.33 (vs ₹2.18 in FY 2023)Full year 2024 results: EPS: ₹2.33 (up from ₹2.18 in FY 2023). Revenue: ₹45.7b (down 3.7% from FY 2023). Net income: ₹3.30b (up 9.6% from FY 2023). Profit margin: 7.2% (up from 6.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
お知らせ • Apr 21HFCL Limited to Report Q4, 2024 Results on May 03, 2024HFCL Limited announced that they will report Q4, 2024 results on May 03, 2024
分析記事 • Mar 28HFCL Limited's (NSE:HFCL) Shareholders Might Be Looking For ExitHFCL Limited's ( NSE:HFCL ) price-to-earnings (or "P/E") ratio of 45.9x might make it look like a strong sell right now...
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹83.70, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 47x in the Telecom industry in India. Total returns to shareholders of 215% over the past three years.
分析記事 • Feb 21There Are Reasons To Feel Uneasy About HFCL's (NSE:HFCL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: ₹0.58 (vs ₹0.69 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.58 (down from ₹0.69 in 3Q 2023). Revenue: ₹10.8b (flat on 3Q 2023). Net income: ₹822.4m (down 14% from 3Q 2023). Profit margin: 7.6% (down from 8.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹106, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 53x in the Telecom industry in India. Total returns to shareholders of 275% over the past three years.
お知らせ • Jan 12HFCL Limited to Report Q3, 2024 Results on Jan 25, 2024HFCL Limited announced that they will report Q3, 2024 results on Jan 25, 2024
分析記事 • Dec 26With HFCL Limited (NSE:HFCL) It Looks Like You'll Get What You Pay ForHFCL Limited's ( NSE:HFCL ) price-to-earnings (or "P/E") ratio of 38.4x might make it look like a sell right now...
分析記事 • Nov 17HFCL (NSE:HFCL) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Oct 31HFCL Limited Launches a Suite of Connectivity Products and Solutions for Global Telcos and EnterprisesHFCL Limited has unveiled a pioneering suite of 5G products and network solutions at the India Mobile Congress 2023 held during October 27, 2023 to October 29, 2023. HFCL launched a comprehensive suite of next-gen connectivity products and solutions for the international markets, including 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment), IP MPLS Routers, 2 Gbps UBR (Unlicensed Band Radio), and 1728-high fiber count IBR (Intermittently Bonded Ribbon) Optical Fibre Cable. HFCL has unveiled its own designed and developed 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution in various variants. Pioneering innovative technology products, HFCL's portfolio of Indoor and Outdoor 5G FWA CPE products will accelerate wireless broadband penetration in urban, rural areas and help bridge the last-mile connectivity challenge in key global markets. Built to complement wired broadband connections in areas where fibre rollout is limited, HFCL's range of 5G FWA CPE support both 5G SA and NSA technologies across multiple Sub-6 GHz and mmWave frequency bands to offer cost-effective and fibre-like speeds to customers using the 5G network. Marking a significant leap in offering 5G backhauling and carrier-grade enterprise wireless connectivity, the launch of 2 Gbps UBR positions HFCL as a dominant player in the growing Indian and global UBR market. This innovative product offers a low-latency, 2 Gbps connectivity solution which can operate across an extended 5GHz frequency range. It is designed for easy installation, effortless management, high reliability and has advanced security features to protect from external threat vectors. Further, in comparison to traditional backhaul solutions, 5G wireless backhauling with 2 Gbps UBR will enable HFCL's customers to save up to 75% on the total cost of ownership (TCO). Further, addressing the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL has also launched revolutionary IP MPLS Routers. The comprehensive IP MPLS Router product line introduced by HFCL aims to empower telcos to backhaul 5G networks, fibre broadband networks and provide last mile connectivity to enterprises in urban metros and tier 2 cities. This IP MPLS Router portfolio will help HFCL's customers build scalable and efficient networks that are capable of handling different types of data traffic, support Quality of Service (QoS) for bandwidth prioritization and avoid network congestion. Along with these, HFCL has also introduced its 1728-high-fibre count Intermittently Bonded Ribbon (IBR) Optical Fibre Cable that will allow telcos and enterprises to accelerate installation of 5G network infrastructure, expand FTTH capabilities and address the rising demand for high-capacity networks particularly from hyper scale data centres. The gel-free IBR cable is also optimised with high productivity mass fusion splicing for cost efficient deployment, easy installation in congested areas and quick restoration in case of any accidental outage.
Reported Earnings • Oct 22Second quarter 2024 earnings released: EPS: ₹0.50 (vs ₹0.60 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.50 (down from ₹0.60 in 2Q 2023). Revenue: ₹11.3b (down 3.8% from 2Q 2023). Net income: ₹694.2m (down 15% from 2Q 2023). Profit margin: 6.2% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 21HFCL (NSE:HFCL) Could Be Struggling To Allocate CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
お知らせ • Oct 11HFCL Limited to Report Q2, 2024 Results on Oct 19, 2023HFCL Limited announced that they will report Q2, 2024 results on Oct 19, 2023
分析記事 • Sep 24This Is The Reason Why We Think HFCL Limited's (NSE:HFCL) CEO Deserves A Bump Up To Their CompensationKey Insights HFCL to hold its Annual General Meeting on 30th of September Total pay for CEO Mahendra Nahata includes...
Upcoming Dividend • Sep 15Upcoming dividend of ₹0.20 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 9.2% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (4.3%).
分析記事 • Sep 04HFCL (NSE:HFCL) Has Announced That It Will Be Increasing Its Dividend To ₹0.20HFCL Limited ( NSE:HFCL ) has announced that it will be increasing its dividend from last year's comparable payment on...
お知らせ • Sep 02HFCL Limited, Annual General Meeting, Sep 30, 2023HFCL Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time.
New Risk • Sep 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
お知らせ • Aug 25HFCL Limited Announces Retirement of Brij Bhushan Singh as Executive President- Defence ProductsHFCL Limited announced that Mr. Brij Bhushan Singh, Executive President- Defence Products has vide e-mail sent on August 04, 2023 expressed his desire to take early retirement, due to his personal reasons. It is further informed that on his request, Mr. Brij Bhushan Singh has been relieved from his duties, effective end of business hours of August 18, 2023.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: ₹0.49 (vs ₹0.37 in 1Q 2023)First quarter 2024 results: EPS: ₹0.49 (up from ₹0.37 in 1Q 2023). Revenue: ₹9.95b (down 5.3% from 1Q 2023). Net income: ₹680.9m (up 33% from 1Q 2023). Profit margin: 6.8% (up from 4.9% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 15HFCL Limited to Report Q1, 2024 Results on Jul 26, 2023HFCL Limited announced that they will report Q1, 2024 results on Jul 26, 2023
分析記事 • Jun 27We Think HFCL (NSE:HFCL) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jun 06Return Trends At HFCL (NSE:HFCL) Aren't AppealingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
お知らせ • May 09HFCL Limited Proposes Dividend for the Year 2023HFCL Limited proposed dividend for the financial year 2022-23 @ 20%, i.e., INR 0.20 per equity share of face value INR 1 each, out of the Profits of the Company for the financial year 2022-23, which shall be paid, subject to the approval of the shareholders in the upcoming annual general meeting or other authorities, wherever required. The Dividend for the financial year ended March 31, 2023, if declared, at the upcoming annual general meeting, will be paid to the shareholders, within 30 days from the date of declaration.
Reported Earnings • May 09Full year 2023 earnings released: EPS: ₹2.18 (vs ₹2.38 in FY 2022)Full year 2023 results: EPS: ₹2.18 (down from ₹2.38 in FY 2022). Revenue: ₹47.9b (up 1.3% from FY 2022). Net income: ₹3.01b (down 3.9% from FY 2022). Profit margin: 6.3% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 28Does HFCL (NSE:HFCL) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Ajay Kumar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 25Third quarter 2023 earnings released: EPS: ₹0.69 (vs ₹0.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.69 (up from ₹0.59 in 3Q 2022). Revenue: ₹10.9b (down 11% from 3Q 2022). Net income: ₹961.3m (up 23% from 3Q 2022). Profit margin: 8.9% (up from 6.4% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 12HFCL Limited to Report Q3, 2023 Results on Jan 23, 2023HFCL Limited announced that they will report Q3, 2023 results on Jan 23, 2023
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹66.40, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 20x in the Telecom industry in India. Total returns to shareholders of 279% over the past three years.
分析記事 • Dec 17Is HFCL (NSE:HFCL) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹0.60 (vs ₹0.64 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.60. Revenue: ₹11.7b (up 4.6% from 2Q 2022). Net income: ₹818.4m (flat on 2Q 2022). Profit margin: 7.0% (down from 7.3% in 2Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Oct 17HFCL Limited announced that it has received INR 282 million in funding from MN Ventures Private Limited and other investorsOn October 15, 2022. As of the same date, the transaction was approved in the 35th annual general meeting of the company.
お知らせ • Oct 11HFCL Limited to Report Q2, 2023 Results on Oct 18, 2022HFCL Limited announced that they will report Q2, 2023 results on Oct 18, 2022
お知らせ • Oct 04HFCL Limited Announces the Launch of 5G Lab-As-A-ServiceHFCL Limited announced the launch of 5G Lab-as-a-Service to accelerate rollout of 5G solutions and services. Telecom operators are adopting multi-vendor networks based on cloud-native technologies for faster and cost-effective rollout of 5G services and for improved user experience. There is also a need to support multiple frequency bands (sub-6 GHz, millimeter wave) and various deployment scenarios to realize diverse 5G use cases for Consumer, Enterprise and Industry Verticals. HFCL's 5G Lab-as-a-Service provides an automated test environment for the private sector, academia and government to work together on product innovations from concept to reality. The 5G Lab provides a sandbox for rapid prototyping of 5G use cases addressing the needs of various industry segments that include manufacturing, transportation, healthcare and retail. The 5G Lab will help to create pre-integrated and pre-validated 5G solutions for Low Mobility Large Cell needed for efficient rollout of rural mobile broadband in the country. With a proven track record of delivering fully integrated solutions for telecom networks, HFCL is bringing its system integration expertise to 5G networks. The lab is equipped with a multi-vendor 5G network and test tools that include signal analyzer and signal generator for RF conformance tests, O-RAN studio, PTP conformance test equipment and anechoic chamber. HFCL has built an agile DevOps-based test platform for automated lab validation, field deployment, and service automation. HFCL is offering this 5G Lab-as-a-Service (LaaS) to technology providers for: Standard compliance and interface testing (3GPP), Feature testing including functional, stress and performance testing, Proof of concept, pre-deployment and field testing, End user devices, network functions, infrastructure and applications testing. HFCL will provide access to highly skilled teams with expertise in 5G networks and devices including expertise in DevOps, CI/CD, Kubernetes, and cloud-native technologies that are needed for testing in 5G environments. From rapid prototyping to end-to-end testing, HFCL's 5G Lab will enable telecom operators and ecosystem partners to innovate and co-create 5G solutions, services and business models to build new 5G use cases and unlock the benefits of this technology.
お知らせ • Oct 02HFCL Limited Approves Declaration of Dividend for the Financial Year Ended 31st March, 2022The AGM of HFCL Limited held on 30th September, 2022, has approved declaration of Dividend of INR 0.18 (Eighteen Paisa only) or 18% per fully paid-up equity share of face value of INR 1 (Rupee One only) for the financial year ended 31st March, 2022.
分析記事 • Sep 24Most Shareholders Will Probably Find That The CEO Compensation For HFCL Limited (NSE:HFCL) Is ReasonableHFCL Limited ( NSE:HFCL ) has exhibited strong share price growth in the past few years. However, its earnings growth...
Upcoming Dividend • Sep 15Upcoming dividend of ₹0.18 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 October 2022. Payout ratio is a comfortable 8.7% and the cash payout ratio is 84%. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (4.4%).
分析記事 • Sep 10HFCL (NSE:HFCL) Will Pay A Larger Dividend Than Last Year At ₹0.18HFCL Limited ( NSE:HFCL ) has announced that it will be increasing its dividend from last year's comparable payment on...
お知らせ • Sep 03HFCL Limited, Annual General Meeting, Sep 30, 2022HFCL Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time.