What is HFCL Ltd's PE ratio?

HFCL Ltd trades at a P/E ratio of 52.60.

What is HFCL Ltd's market cap?

HFCL Ltd's market capitalisation is ₹30,130 Cr.

When did HFCL Ltd last report results?

HFCL Ltd last reported Q1FY27 results on 22 Jul '26.

What is HFCL Ltd's ROE?

HFCL Ltd's return on equity (ROE) is 7.0%.

What sector is HFCL Ltd in?

HFCL Ltd (HFCL) is classified in the Telecommunication sector (Telecom - Infrastructure).

Telecommunication · Telecom - Infrastructure

HFCL Ltd (HFCL)

₹196.85

Mkt cap

₹30,130 Cr

P/E ratio

52.60

P/B

6.15

Div yield

0.05%

ROE

6.95%

ROCE

10.90%

EPS (TTM)

₹3.74

Book value

₹32

52W range

61–226

Sector

Telecommunication

HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC). [1]

NSE HFCLBSE 500183www.hfcl.com

Health check

Cautious

ValuationExpensive

ProfitabilityWeak

GrowthModerate

TechnicalsBullish

52-week range

−12.91% from high

₹197

₹61+222.97% from low₹226

Current

₹196.85

Prev close

₹197.05

Day

−0.10%

Price performance

−0.10%

−5.37%

−8.44%

+96.42%

+210.88%

+138.29%

YTD

+190.64%

Financials

F

Revenue, profit & margin

P/E ratio

52.6×

HFCL is 229% above the sector median of 16.0×

HFCL52.6×

Sector median16.0×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	995	1,111	1,032	1,326	1,158	1,094	1,012	801	871	1,043	1,211	1,824	1,915
Expenses	849	979	916	1,130	984	935	860	838	843	853	983	1,510	1,501
Operating Profit	146	133	117	196	175	158	152	-37	28	190	228	314	414
OPM %	15%	12%	11%	15%	15%	14%	15%	-5%	3%	18%	19%	17%	22%
Other Income	13	18	47	14	10	15	21	14	15	13	17	22	31
Interest	36	35	37	40	42	45	47	51	56	61	63	63	62
Depreciation	21	21	19	20	24	25	26	30	32	36	44	45	51
Profit before tax	103	94	108	149	119	102	100	-105	-45	106	138	228	332
Tax %	26%	25%	24%	27%	7%	28%	28%	-21%	-34%	32%	26%	19%	26%
Net Profit	76	70	82	109	111	73	73	-83	-29	72	102	184	246
EPS in Rs	0.49	0.49	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.64	1.17	1.49
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.91% · closed higher next day 23 of last 55

	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26	Q1FY27
Broadcast	20 Oct '23◦	2 Feb '24	4 May '24◦	25 Jul '24	22 Oct '24◦	4 Feb '25	22 May '25◦	25 Jul '25	17 Oct '25	3 Feb '26	30 Apr '26	22 Jul '26
Earnings day	−5.81%	−6.43%	−2.58%	−0.96%	+6.12%	−0.96%	+3.08%	−4.18%	−2.41%	+3.08%	+8.34%	−0.03%
+1 day	−7.55%	−5.03%	−3.98%	+3.17%	+1.82%	+0.12%	+1.74%	−3.62%	−1.18%	+3.58%	+17.68%	−5.03%
+5 days	−5.30%	−1.30%	−7.65%	+12.48%	+3.56%	−9.06%	+3.66%	−7.56%	−2.15%	+8.77%	+31.79%	—
+15 days	−0.73%	+8.55%	+5.42%	+10.25%	+10.44%	−15.23%	+2.72%	−7.97%	−0.59%	+4.41%	+38.38%	—
+30 days	+2.18%	−12.90%	+23.45%	+27.98%	+13.95%	−19.94%	+0.12%	−11.60%	−11.02%	+9.27%	+68.49%	—
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	PDF	PDF	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

HFCL Ltd: Q1FY27 results

Shareholding

Sas of Jun 2026

28.29%Promoter

Promoters28.29%

FIIs15.74%8.66

DIIs10.92%2.35

Public45.02%11.00

Ownership trend

Peers

P7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Indus Towers	₹394.60	14.57	1,04,102	0.00%	1,793	+0.78%	8,101	+4.84%	19.49%
Altius Telecom	₹171.00	48.67	52,111	9.20%	310	+85.40%	6,021	+1.38%	8.60%
HFCL	₹196.85	52.62	30,130	0.05%	246	+809.06%	1,915	+119.85%	10.86%
Pace Digitek	₹195.25	14.16	4,215	0.00%	106	+73.27%	1,097	+60.52%	21.26%
Bondada Engineer	₹306.35	16.81	3,421	0.03%	63	+11.39%	914	+27.93%	38.66%
GTL Infra.	₹1.22	—	1,563	0.00%	1,186	+94.92%	330	−1.98%	—
Suyog Telematics	₹850.45	16.00	996	0.21%	14	+202.61%	53	+5.35%	14.42%
Median: 10 Co.	₹183.12	16.00	2,492	0.00%	84	+49.38%	622	+12.02%	14.42%

Filings

D

Annual reports15

Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013nse Financial Year 2013bse Financial Year 2012nse

Credit ratings6

Rating update 9 Julcare Rating update 8 Sep 2025care Rating update 31 Mar 2025infomerics Rating update 30 Aug 2024care Rating update 6 Feb 2024infomerics Rating update 7 Jul 2023care

Announcements5

Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - We hereby submit copies of the newspaper publications of the Un-audited Financial Results of the Company for the 1st quarter ended June 30, 2026, of …Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - We hereby submit copies of the newspaper publications of the Un-audited Financial Results of the Company for the 1st quarter ended June 30, 2026, of …Announcement under Regulation 30 (LODR)-Monitoring Agency Report 1d - CARE Ratings reports Q1FY27 utilisation of HFCL's ₹550 crore QIP and ₹555 crore warrant issue proceeds; no deviation.Announcement under Regulation 30 (LODR)-Investor Presentation 2d - This is in continuation to our earlier intimation of today. As per Regulation 30 read with Para A of Part A of Schedule III to …Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d - HFCL reported record Q1FY27 revenue ₹1,914.98 crore, EBITDA margin 23.25%, raised FY27 growth to 40%.