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HFCL Ltd share Price Today

Company details

92.00
96.50
61.40
117.80
6M Return 30.27%
1Y Return 55.39%
Mkt Cap.(Cr) 13,703.65
Volume 12,262,973
Div Yield 0.20%
OI
-
OI Chg %
-
Volume 12,262,973

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Telecom Cables company HFCL announced Q2FY24 results:

  • The order book stands at Rs 7,078 crore, up from Rs 5,280 crore in Q2FY23, indicating an increase in the order backlog.
  • Revenue in Q2FY24 is Rs 1,111.49 crore, which represents an increase of 11.69% compared to Q1FY24. However, when compared to Q2FY23, there is a decrease of 5.28%.
  • In Q2FY24, EBIDTA is Rs 149.77 crore, which reflects a decrease of 6.17% compared to Q1FY24 and a more substantial decrease of 14.22% compared to Q2FY23.
  • EBIDTA margin for Q2FY24 is 13.47%, which is a decrease of 257 basis points (bps) from Q1FY24 and a decrease of 141 bps from Q2FY23.
  • PAT for Q2FY24 is Rs 70.17 crore, which is lower 7.13% compared to Q1FY24 and 16.77% lower compared to Q2FY23.
  • PAT margin for Q2FY24 is 6.31%, reflecting a decrease of 128 bps from Q1FY24 and a decrease of 87 bps from Q2FY23.
  • On a standalone basis, the company reported quarterly revenue of Rs 1,001.76 crore, EBIDTA of Rs 131.85 crore, PBT of Rs 90.25 crore, and PAT of Rs 67.55 crore.

Commenting on the Company’s performance, Mahendra Nahata, Managing Director, HFCL said, “Despite challenging macroeconomic conditions across different regions and also the uncertainties triggered by Global conflicts, the international monetary fund has revised the growth rate forecast to 6.3% for India due to its robust growth prospects. Indian telecom industry stands resilient and India has emerged as among the top three 5G ecosystems in the world within just a year from the start of the 5G rollout. As a prominent player in optical fiber cables, telecom and networking products, and network solution offerings, HFCL continues to demonstrate sustainable performance. During this quarter, the Company has witnessed a softening in demand for OFC and telecom and networking products from the telcos, resulting in a decline in product revenue both on a QoQ and YoY basis. The temporary decline is attributed to an inventory built-up with major operators, resulting in an overall reduction in revenue in absolute terms both domestically and in the international markets”.

 

Result PDF

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HFCL Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Increasing profits every quarter for the past 2 quarters

Weakness (6)

  • Negative profit growth, promoters decreasing shareholding QoQ
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 97.1
R2 99.0
R3 101.6
Pivot

94.53

S1 92.6
S2 90.0
S3 88.1
EMA SMA
95.4
95.8
91.7
84.7
94.7
99.4
91.6
80.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HRTI PRIVATE LIMITED Bulk Purchase 2024-02-21 112.64 8846901 NSE
HRTI PRIVATE LIMITED Bulk Sell 2024-02-21 112.69 9171528 NSE
MN VENTURES PRIVATE LIMITED Bulk Sell 2024-02-06 98.01 7500000 NSE
Name Category Shares
MN Ventures Private Limited PROMOTER 20.53%
NextWave Communications Private Limited PROMOTER 15.26%
Fitcore Tech-Solutions Pvt. Ltd. PROMOTER 1.55%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

HFCL Ltd Stocks COMPARISON

Financials( in Cr) HFCL Ltd Larsen & Toubro Ltd Rail Vikas Nigam Ltd GMR Airports Infrastructure Ltd IRB Infrastructure Developers Ltd
Price 95.10 3,612.70 264.15 81.05 67.05
% Change 3.59 2.68 2.21 0.50 1.36
Mcap Cr 13,703.65 496,626.67 55,075.80 48,921.33 40,491.50
Revenue TTM Cr 4,743.31 183,340.70 20,281.57 6,693.40 6,401.64
Net Profit TTM Cr 317.71 12,624.87 1,420.55 -839.93 720.01
PE TTM 46.84 39.27 37.84 0.00 73.67
1 Year Return 55.39 62.76 254.80 82.75 151.59
ROCE 15.14 12.64 17.22 0.00 6.36
ROE 10.76 14.70 20.81 0.00 5.55
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,107.54 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -3,609.06
LAST 3M 83,632.14 32,580.07
LAST 6M 140,794.69 70,960.51
LAST 12M 216,582.31 196,780.81

HFCL Ltd Information

Stock PE (TTM)
46.84
Promoter Holding
37.68%
Book Value
25.2975
ROCE
15.14%
ROE
10.76%
Description
  • Himachal Futuristic Communications Limited (HFCL) is a telecom company with a market capitalization of Rs. 7,813 crores as of 18th August 2021. It was started on 11th May 2021. The company reported consolidated revenue of Rs. 1,206.87 crores in the quarter ended June 2021. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 500183 and scrip code HFCL. As of 18th August 2021, the shares of HFCL were trading at Rs. 60.60.

    HFCL is a telecom infrastructure developer, system integrator, and manufacturer of telecom systems and optical fibre cables. The company is located in Himachal Pradesh. Over the last 30 years, the company has provided customers with cutting-edge products and solutions in the high-tech telecommunications infrastructure sector, allowing them to stay ahead of their competitors in terms of technology and network efficiency. HFCL has implemented over 25,000 2G/3G cell sites and has rolled out over 1,00,000 km of optical fibre cable networks for telecommunication companies, the oil & gas industry, railways, and high-security applications as required by the internal security establishments and Defence. The company has approximately 1200 on-roll employees over the country. Promoters holding in the company stood at 42.05% in June 2021 as against 38.64% in the corresponding quarter last fiscal, 18.81% of the promoters’ holding is pledged and such pledge has decreased from 21.44% in last one year.

    In June 2021, the company on a consolidated basis reported revenue from operations at Rs. 1,206.87 crores up 72.46% year-on-year basis and down 13.26% quarter-on-quarter basis. EBITDA of the company stood at Rs. 191.54 crores as against Rs. 82.92 in the corresponding quarter last year and Rs. 187.42 crores in March 2021, EBITDA margin was at 15.88% compared to 11.85% in the same quarter during the last fiscal year, showing a change of 403 basis points. PAT of the company increased 325.82% on a year-on-year basis at Rs. 90.69 crores and 4.98% on a quarter-on-quarter basis, PAT margin stood at 7.52%, representing an increase of 131 basis points over the last quarter of 6.21%. EPS of the company was at Rs. 0.68 as against Rs. 0.66 in March 2021. HFCL’s shares closed at Rs. 60.60 on 18th August 2021 and has given a return of 281.13% over the last 12 months.

Registered Address

8 Electronics Complex, Chambaghat, Solan, Himachal Pradesh, 173213

Tel : 91-1792-230644
Email : secretarial:hfcl.com; investor:hfcl.com
Website : http://www.hfcl.com
Registrar

MCS Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500183
NSE Code : HFCL
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE548A01028

FAQ’s on HFCL Ltd Shares

You can buy HFCL Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy HFCL Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 22, 2024 03:59 PM the closing price of HFCL Ltd was ₹ 95.10.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 22, 2024 03:59 PM, the market cap of HFCL Ltd stood at ₹ 13,703.65.

The latest PE ratio of HFCL Ltd as of Apr 22, 2024 03:59 PM is 46.84

The latest PB ratio of HFCL Ltd as of Apr 22, 2024 03:59 PM is 0.27

The 52-week high of HFCL Ltd share price is ₹ 117.80 while the 52-week low is ₹ 61.40

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