Business description: HFCL Limited

HFCL Limited is an India-based global technology company. The Company delivers communication and networking products and solutions globally across the telecom, defense, and railways sectors. Its business segments include manufacturing of telecom products, executing turnkey contracts and providing services relating thereto. It offers a range of products and solutions for the telecom industry, which include open‑standards‑based wired and wireless access solutions are customizable to diverse network needs, enabling seamless end‑to‑end connectivity for small, medium, and large scale deployments, globally scalable. In Defence includes designs and delivers customized products and solutions for defence services, institutions, and projects of national security significance.

Number of employees: 1,910

Sales by Activity: HFCL Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Telecom Products

1.21TCr 2.06TCr 2.64TCr 1.86TCr 2.47TCr

Turnkey Contracts and Services

3.22TCr 2.67TCr 2.1TCr 2.6TCr 1.59TCr

Other

- 21L 1.74Cr - 50L

Geographical breakdown of sales: HFCL Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

4.22TCr 4.36TCr 3.93TCr 3.96TCr 3.57TCr

Outside India

200.8Cr 363.04Cr 817.49Cr 500.64Cr 496.97Cr

Executive Committee: HFCL Limited

Manager TitleAgeSince
Chief Executive Officer 67 11/05/1987
Director of Finance/CFO 61 -
President - -
Chief Administrative Officer - -
Chief Tech/Sci/R&D Officer - -

Composition of the Board of Directors: HFCL Limited

Director TitleAgeSince
Chairman 67 -
Director/Board Member 79 17/05/2011
Director/Board Member 84 07/02/1996
Director/Board Member 72 25/11/2021
Director/Board Member 75 18/03/2015
Director/Board Member - 21/01/2026

Shareholders: HFCL Limited

NameEquities%Valuation
MN Ventures Pvt Ltd.
13.92 %
21,30,77,202 13.92 % 261 M ₹
NextWave Communications Pvt Ltd.
12.73 %
19,48,65,000 12.73 % 238 M ₹
quant Money Managers Ltd.
7.001 %
10,71,63,587 7.001 % 131 M ₹
4.653 %
7,12,14,186 4.653 % 87 M ₹
Fitcore Tech Solutions Pvt Ltd
1.447 %
2,21,50,000 1.447 % 27 M ₹

Holdings: HFCL Limited

NameEquities%Valuation
75,62,676 5.44% 9 M $

Company details: HFCL Limited

HFCL Ltd.

8, Commercial Complex

110048, New Delhi

+91 11 3520 9400

http://www.hfcl.com
address HFCL Limited(HFCL)

Other Communications & Networking

Change 5d. change 1-year change 3-years change Capi.($)
-1.09%-6.50%+53.86%+113.06% 221.94Cr
-2.94%+16.21%+80.51%+134.85% 47TCr
-0.61%+6.46%+259.90%+324.26% 20TCr
-0.09%-0.67%+46.41%+293.52% 18TCr
-1.44%+1.18%+981.02%+1,441.42% 17TCr
+3.32%-6.10%+569.12%+1,106.41% 7.42TCr
-1.24%+4.51%+150.32%+203.83% 7.66TCr
+0.58%-10.31%+1,043.05%+1,806.38% 6.35TCr
-2.81%+1.88%-6.25%+34.05% 6.81TCr
+1.15%-3.41%+16.02%-6.29% 4.44TCr
Average -0.64%-1.39%+319.40%+545.15% 13.49TCr
Weighted average by Cap. -1.33%+3.97%+286.41%+475.83%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
138.17INR
Average target price
150.00INR
Spread / Average Target
+8.56%

Net sales - Rate of surprise