HFCL Limited manufactures telecom equipment and optical-fiber products and provides communication-network solutions. Its products support 5G, fiber deployment, broadband, and defense communication infrastructure. India's digital connectivity expansion and increasing investment in telecom infrastructure provide long-term opportunities. Expansion into higher-value telecom and defense products can diversify revenue. Telecom capex, raw-material costs, technology cycles, customer concentration, order execution, and competition remain important considerations.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROCE | Debt / equity | Free cash flow | EV / EBITDA | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹41,136 cr | ₹5,993 cr | ₹604 cr | 70.0 | 3.84 | 8.41 | 6.9% | 4.4% | 11.1% | 0.35 | ₹-608 cr | 49.4 | 1.25 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Jun 2026 | 1,915 | 246 | 1.49 | turnaround | +119.8% | 12.8% |
| Mar 2026 | 1,824 | 184 | 1.21 | turnaround | +127.8% | 10.1% |
| Dec 2025 | 1,211 | 102 | 0.67 | +31.4% | +19.7% | 8.5% |
| Sep 2025 | 1,043 | 72 | 0.47 | -7.8% | -4.6% | 6.9% |
| Jun 2025 | 871 | -29 | -0.22 | -128.6% | -24.8% | -3.4% |
| Mar 2025 | 801 | -83 | -0.56 | -173.7% | -39.6% | -10.4% |
| Dec 2024 | 1,012 | 73 | 0.51 | -12.1% | -2.0% | 7.2% |
| Sep 2024 | 1,094 | 73 | 0.51 | +2.0% | -1.6% | 6.7% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | — Not assessable |
| EPS growth accelerating over 3 quarters | — Not assessable |
| Sales up 25%+, or sales growth accelerating | ✓ Pass |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✓ Pass |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Minervini | ✓ Close above the 150- and 200-day averages ✓ 150-day above 200-day ✓ 200-day rising for a month ✓ 50-day above the 150- and 200-day ✓ Close above the 50-day ✓ At least 25% above the 52-week low · low 60.95 ✓ Within 25% of the 52-week high · high 271.90 ✓ RS percentile 70 or more · RS 99 Trend template - the gate, measured: a modest 21-day edge. | 8/8 | Pass |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 2 - advancing | |
| CAN SLIM | — C latest quarter EPS up 25%+ ✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✓ N within 15% of the 52-week high · high 271.90 ✓ S more volume on up days than down days (50 sessions) · 1.81x ✓ L RS percentile 80 or more · RS 99 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist. | 4/5 | Strong |
| Darvas | ✓ Box top confirmed (3 sessions below the new high) · top 275.91 ✗ Box bottom confirmed (3 sessions holding) · bottom 238.00 ✗ Close above the box top · close 268.81 ✗ Volume at least 1.5x its 50-day average · 1.3x Nicolas Darvas's box: buy the breakout above a confirmed box after a new high. | 85/100 | In box |
| Turtle | ✗ Close above the prior 55-session high · 275.91 ✗ Close above the prior 20-session high · 275.91 ✗ Close below the prior 20-session low · 199.00 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Greenblatt | — Earnings yield (EBITDA / EV) · 2.0% — Return on capital (ROCE) · 11.1% Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately. | 11/100 | Weak |
| Graham | ✗ Price at or below the Graham number · Graham number 52.55 ✗ P/E 15 or less · P/E 70.0 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 8.41 ✗ Current ratio 2 or more · 1.99 — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 20/100 | Expensive |
| Piotroski | ✓ Profitable (ROA > 0) ✗ Operating cash flow positive ✓ ROA rising ✗ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✓ Current ratio rising · 1.99 ✗ No new shares issued ✓ Margin rising (net margin) ✓ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026. | 6/9 | Average |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HFCL this stock | +24.6 | +29.2 | +188.1 | +256.2 | +268.2 | +256.8 | 70.0 | 8.41 | 6.9 | 11.1 | — | 0.35 | 49.4 | 41,136 | 5,993 | 604 | 3.8 | 1.25 |
| STLTECH | +8.4 | +76.2 | +226.6 | +666.3 | +445.3 | +224.4 | 178.5 | 19.17 | 2.6 | 8.4 | — | 0.81 | 68.3 | 43,475 | 5,642 | 243 | 5.0 | 1.21 |
| BHAGYANGR | +42.7 | +66.5 | +196.7 | +557.8 | +744.2 | +1170.9 | — | 0.72 | 21.6 | 20.7 | — | 1.01 | 3.9 | 186 | 2,597 | 63 | 19.6 | 1.32 |
| VINDHYATEL | +8.0 | +60.0 | +114.3 | +102.3 | +26.7 | +145.4 | 14.4 | 0.81 | 5.3 | 4.0 | — | 0.34 | 20.0 | 3,405 | 3,405 | 237 | 200.2 | 1.34 |
| NELCO | -22.1 | -11.4 | +17.1 | -9.3 | +3.0 | -17.9 | 466.5 | 13.97 | 2.6 | 5.2 | — | 0.46 | 66.0 | 1,799 | 312 | 4 | 1.7 | 1.50 |
| TEJASNET | -12.6 | -16.6 | +9.3 | -23.1 | -49.0 | -8.1 | — | 3.25 | -26.8 | -14.9 | — | 1.91 | — | 8,222 | 1,447 | -817 | -46.0 | 1.38 |