HFCL Ltd.
•₹ 228.011.84%
2026-08-21
PROS
- Latest quarter profit grew 523.3% YoY, showing strong momentum
- Institutional investors have been accumulating - FII+DII up 5.0pp
- Company maintains a comfortable, low leverage position
- Company has a consistent dividend-paying track record
CONS
- Promoter holding has decreased over last 2 years: -9.3pp
- Company has a low return on equity of 7.7% over last 3 years
- Company has a low return on capital employed of 11.1%
- A large part of profit comes from other income (25.2% of PBT)
- Total debt has risen sharply - up 53.7% year on year
- Company has delivered a poor profit growth of -0.9% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HFCL | 223.60 | 59.77 | 34224.27 | 0.09 | 245.64 | 938.36 | 1914.98 | 119.85 | 7.64 | 21.62 |
| 2. | PACEDIGITK | 175.40 | 12.60 | 3786.03 | 0.00 | 62.50 | 14.27 | 555.36 | 51.29 | 42.43 | 15.50 |
| 3. | VINDHYATEL | 2435.20 | 12.17 | 2885.92 | 0.25 | 75.67 | -87.09 | 718.90 | -20.78 | 8.54 | 20.19 |
| 4. | GTLINFRA | 1.21 | 0.00 | 1549.94 | 0.00 | 69.39 | 129.86 | 327.31 | -2.16 | 0.00 | 43.63 |
| 5. | STLNETWORK | 25.25 | 0.00 | 1232.47 | 0.00 | -218.80 | 2.41 | 1761.50 | -7.27 | 0.32 | 4.70 |
| 6. | SUYOG | 740.30 | 14.40 | 867.42 | 0.14 | 14.50 | -16.30 | 70.95 | 30.00 | 16.00 | 59.32 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 880 | 1,002 | 954 | 1,238 | 1,066 | 1,012 | 961 | 757 | 789 | 1,003 | 1,224 | 1,511 | 1,608 | |
| 785 | 888 | 855 | 1,052 | 900 | 864 | 816 | 800 | 790 | 844 | 1,068 | 1,222 | 1,400 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 13 | 18 | 46 | 13 | 11 | 13 | 21 | 16 | 14 | 15 | 15 | 23 | 33 |
| Interest | 29 | 27 | 28 | 31 | 34 | 36 | 38 | 43 | 48 | 53 | 55 | 55 | 53 |
| Depreciation | 14 | 14 | 15 | 15 | 20 | 21 | 21 | 23 | 28 | 31 | 37 | 42 | 43 |
| 66 | 90 | 103 | 153 | 123 | 104 | 107 | -93 | -63 | 90 | 79 | 216 | 240 | |
| Tax % | 25.60% | 25.15% | 24.59% | 24.72% | 7.41% | 28.18% | 26.56% | 21.78% | 32.68% | 31.51% | 28.82% | 17.93% | 25.37% |
| Net Profit | 49 | 68 | 78 | 115 | 114 | 75 | 78 | -73 | -42 | 61 | 56 | 178 | 179 |
| 0 | 0 | 1 | 1 | 1 | 1 | 1 | -0 | -0 | 0 | 0 | 2 | 0 | |
| Equity Capital | 138 | 143 | 143 | 144 | 144 | 144 | 144 | 144 | 144 | 144 | 153 | 153 | 153 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 138 | 143 | 143 | 144 | 144 | 144 | 144 | 144 | 144 | 144 | 153 | 153 | 153 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 880
- 785
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 29
- Depreciation
- 14
- 66
- Tax %
- 25.60%
- Net Profit
- 49
- 0
- Equity Capital
- 138
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 138
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,002
- 888
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 27
- Depreciation
- 14
- 90
- Tax %
- 25.15%
- Net Profit
- 68
- 0
- Equity Capital
- 143
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 143
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 954
- 855
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 28
- Depreciation
- 15
- 103
- Tax %
- 24.59%
- Net Profit
- 78
- 1
- Equity Capital
- 143
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 143
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,238
- 1,052
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 31
- Depreciation
- 15
- 153
- Tax %
- 24.72%
- Net Profit
- 115
- 1
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,066
- 900
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 34
- Depreciation
- 20
- 123
- Tax %
- 7.41%
- Net Profit
- 114
- 1
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,012
- 864
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 36
- Depreciation
- 21
- 104
- Tax %
- 28.18%
- Net Profit
- 75
- 1
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 961
- 816
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 38
- Depreciation
- 21
- 107
- Tax %
- 26.56%
- Net Profit
- 78
- 1
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 757
- 800
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 43
- Depreciation
- 23
- -93
- Tax %
- 21.78%
- Net Profit
- -73
- -0
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 789
- 790
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 48
- Depreciation
- 28
- -63
- Tax %
- 32.68%
- Net Profit
- -42
- -0
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,003
- 844
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 53
- Depreciation
- 31
- 90
- Tax %
- 31.51%
- Net Profit
- 61
- 0
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 144
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,224
- 1,068
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 55
- Depreciation
- 37
- 79
- Tax %
- 28.82%
- Net Profit
- 56
- 0
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,511
- 1,222
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 55
- Depreciation
- 42
- 216
- Tax %
- 17.93%
- Net Profit
- 178
- 2
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,608
- 1,400
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 53
- Depreciation
- 43
- 240
- Tax %
- 25.37%
- Net Profit
- 179
- 0
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 153
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,570 | 2,016 | 3,066 | 4,366 | 3,547 | 4,106 | 4,286 | 4,396 | 4,075 | 3,795 | 5,346 | |
| 2,250 | 1,835 | 2,814 | 4,028 | 3,154 | 3,637 | 3,759 | 3,929 | 3,589 | 3,380 | 4,535 | |
| Operating Profit | 344 | 199 | 283 | 386 | 448 | 502 | 572 | 516 | 586 | 476 | — |
| OPM % | 13 | 10 | 9 | 9 | 13 | 12 | 13 | 12 | 14 | 13 | — |
| Other Income | 24 | 19 | 31 | 48 | 55 | 33 | 44 | 49 | 100 | 61 | 86 |
| Interest | 58 | 60 | 61 | 78 | 90 | 148 | 133 | 117 | 115 | 149 | 215 |
| Depreciation | 25 | 16 | 16 | 18 | 30 | 54 | 57 | 57 | 58 | 85 | 153 |
| 150 | 124 | 204 | 291 | 328 | 296 | 382 | 342 | 412 | 241 | 625 | |
| Tax % | 0 | 0 | 24 | 37 | 38 | 25 | 26 | 25 | 25 | 19 | 24 |
| Net Profit | 150 | 124 | 155 | 184 | 204 | 223 | 283 | 255 | 310 | 195 | 474 |
| EPS | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | — |
| Dividend Payout % | 0 | 0 | 5 | 7 | 0 | 9 | 9 | 11 | 9 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | — |
Mar 2016
- 2,570
- 2,250
- Operating Profit
- 344
- OPM %
- 13
- Other Income
- 24
- Interest
- 58
- Depreciation
- 25
- 150
- Tax %
- 0
- Net Profit
- 150
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 2,016
- 1,835
- Operating Profit
- 199
- OPM %
- 10
- Other Income
- 19
- Interest
- 60
- Depreciation
- 16
- 124
- Tax %
- 0
- Net Profit
- 124
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 3,066
- 2,814
- Operating Profit
- 283
- OPM %
- 9
- Other Income
- 31
- Interest
- 61
- Depreciation
- 16
- 204
- Tax %
- 24
- Net Profit
- 155
- EPS
- 1
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 4,366
- 4,028
- Operating Profit
- 386
- OPM %
- 9
- Other Income
- 48
- Interest
- 78
- Depreciation
- 18
- 291
- Tax %
- 37
- Net Profit
- 184
- EPS
- 1
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 3,547
- 3,154
- Operating Profit
- 448
- OPM %
- 13
- Other Income
- 55
- Interest
- 90
- Depreciation
- 30
- 328
- Tax %
- 38
- Net Profit
- 204
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 4,106
- 3,637
- Operating Profit
- 502
- OPM %
- 12
- Other Income
- 33
- Interest
- 148
- Depreciation
- 54
- 296
- Tax %
- 25
- Net Profit
- 223
- EPS
- 2
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 4,286
- 3,759
- Operating Profit
- 572
- OPM %
- 13
- Other Income
- 44
- Interest
- 133
- Depreciation
- 57
- 382
- Tax %
- 26
- Net Profit
- 283
- EPS
- 2
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 4,396
- 3,929
- Operating Profit
- 516
- OPM %
- 12
- Other Income
- 49
- Interest
- 117
- Depreciation
- 57
- 342
- Tax %
- 25
- Net Profit
- 255
- EPS
- 2
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 4,075
- 3,589
- Operating Profit
- 586
- OPM %
- 14
- Other Income
- 100
- Interest
- 115
- Depreciation
- 58
- 412
- Tax %
- 25
- Net Profit
- 310
- EPS
- 2
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 3,795
- 3,380
- Operating Profit
- 476
- OPM %
- 13
- Other Income
- 61
- Interest
- 149
- Depreciation
- 85
- 241
- Tax %
- 19
- Net Profit
- 195
- EPS
- 1
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 5,346
- 4,535
- Operating Profit
- —
- OPM %
- —
- Other Income
- 86
- Interest
- 215
- Depreciation
- 153
- 625
- Tax %
- 24
- Net Profit
- 474
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 4%
- 5 Years:
- 1%
- 3 Years:
- -4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 0%
- 5 Years:
- -1%
- 3 Years:
- -12%
STOCK PRICE CAGR
- 10 Years:
- 30%
- 5 Years:
- 32%
- 3 Years:
- 50%
- 1 Year:
- 213%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 10%
- 3 Years:
- 8%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 124 | 124 | 124 | 127 | 128 | 128 | 137 | 138 | 144 | 144 |
| 794 | 920 | 1,074 | 1,303 | 1,505 | 1,732 | 2,589 | 2,825 | 3,673 | 3,817 | |
| 142 | 256 | 253 | 448 | 460 | 605 | 516 | 688 | 643 | 838 | |
| Trade Payables | 446 | 392 | 516 | 741 | 782 | 1,652 | 934 | 851 | 836 | 1,139 |
| 606 | 412 | 461 | 434 | 749 | 809 | 623 | 579 | 834 | 1,240 | |
| Total Liabilities | 2,112 | 2,105 | 2,427 | 3,054 | 3,625 | 4,927 | 4,799 | 5,080 | 6,130 | 7,179 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 106 | 111 | 110 | 117 | 362 | 368 | 375 | 365 | 460 | 664 | |
| Capital Work in Progress | 0 | 1 | 1 | 62 | 13 | 4 | 26 | 46 | 122 | 157 |
| 51 | 65 | 66 | 71 | 80 | 65 | 85 | 103 | 231 | 267 | |
| 260 | 218 | 179 | 192 | 272 | 306 | 408 | 584 | 619 | 731 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,127 | 1,894 | |
| Cash & Bank | 74 | 80 | 108 | 136 | 181 | 294 | 505 | 296 | 318 | 460 |
| 1,621 | 1,630 | 1,962 | 2,477 | 2,717 | 3,890 | 3,400 | 3,686 | 2,252 | 3,006 | |
| Total Assets | 2,112 | 2,105 | 2,427 | 3,054 | 3,625 | 4,927 | 4,799 | 5,080 | 6,130 | 7,179 |
| Total Debt | 525 | 494 | 425 | 552 | 610 | 803 | 611 | 771 | 819 | 1,259 |
| Net Working Capital | 1,093 | 909 | 890 | 965 | 1,111 | 1,092 | 1,589 | 1,820 | 2,182 | 2,397 |
| Contingent Liabilities | 148 | 311 | 420 | 788 | 1,139 | 1,314 | 1,634 | 1,129 | 1,174 | 1,133 |
| Book Value per Share | 7.41 | 8.42 | 9.67 | 11.23 | 12.72 | 14.49 | 19.83 | 21.53 | 26.50 | 27.47 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 525 | 494 | 425 | 552 | 610 | 803 | 611 | 771 | 819 | 1,259 |
| Net Working Capital | 1,093 | 909 | 890 | 965 | 1,111 | 1,092 | 1,589 | 1,820 | 2,182 | 2,397 |
| Contingent Liabilities | 148 | 311 | 420 | 788 | 1,139 | 1,314 | 1,634 | 1,129 | 1,174 | 1,133 |
| Book Value per Share | 7.41 | 8.42 | 9.67 | 11.23 | 12.72 | 14.49 | 19.83 | 21.53 | 26.50 | 27.47 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 124
- 794
- 142
- Trade Payables
- 446
- 606
- Total Liabilities
- 2,112
- 106
- Capital Work in Progress
- 0
- 51
- 260
- 0
- Cash & Bank
- 74
- 1,621
- Total Assets
- 2,112
- Total Debt
- 525
- Net Working Capital
- 1,093
- Contingent Liabilities
- 148
- Book Value per Share
- 7.41
- Face Value
- 1.00
- Total Debt
- 525
- Net Working Capital
- 1,093
- Contingent Liabilities
- 148
- Book Value per Share
- 7.41
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 124
- 920
- 256
- Trade Payables
- 392
- 412
- Total Liabilities
- 2,105
- 111
- Capital Work in Progress
- 1
- 65
- 218
- 0
- Cash & Bank
- 80
- 1,630
- Total Assets
- 2,105
- Total Debt
- 494
- Net Working Capital
- 909
- Contingent Liabilities
- 311
- Book Value per Share
- 8.42
- Face Value
- 1.00
- Total Debt
- 494
- Net Working Capital
- 909
- Contingent Liabilities
- 311
- Book Value per Share
- 8.42
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 124
- 1,074
- 253
- Trade Payables
- 516
- 461
- Total Liabilities
- 2,427
- 110
- Capital Work in Progress
- 1
- 66
- 179
- 0
- Cash & Bank
- 108
- 1,962
- Total Assets
- 2,427
- Total Debt
- 425
- Net Working Capital
- 890
- Contingent Liabilities
- 420
- Book Value per Share
- 9.67
- Face Value
- 1.00
- Total Debt
- 425
- Net Working Capital
- 890
- Contingent Liabilities
- 420
- Book Value per Share
- 9.67
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 127
- 1,303
- 448
- Trade Payables
- 741
- 434
- Total Liabilities
- 3,054
- 117
- Capital Work in Progress
- 62
- 71
- 192
- 0
- Cash & Bank
- 136
- 2,477
- Total Assets
- 3,054
- Total Debt
- 552
- Net Working Capital
- 965
- Contingent Liabilities
- 788
- Book Value per Share
- 11.23
- Face Value
- 1.00
- Total Debt
- 552
- Net Working Capital
- 965
- Contingent Liabilities
- 788
- Book Value per Share
- 11.23
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 128
- 1,505
- 460
- Trade Payables
- 782
- 749
- Total Liabilities
- 3,625
- 362
- Capital Work in Progress
- 13
- 80
- 272
- 0
- Cash & Bank
- 181
- 2,717
- Total Assets
- 3,625
- Total Debt
- 610
- Net Working Capital
- 1,111
- Contingent Liabilities
- 1,139
- Book Value per Share
- 12.72
- Face Value
- 1.00
- Total Debt
- 610
- Net Working Capital
- 1,111
- Contingent Liabilities
- 1,139
- Book Value per Share
- 12.72
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 128
- 1,732
- 605
- Trade Payables
- 1,652
- 809
- Total Liabilities
- 4,927
- 368
- Capital Work in Progress
- 4
- 65
- 306
- 0
- Cash & Bank
- 294
- 3,890
- Total Assets
- 4,927
- Total Debt
- 803
- Net Working Capital
- 1,092
- Contingent Liabilities
- 1,314
- Book Value per Share
- 14.49
- Face Value
- 1.00
- Total Debt
- 803
- Net Working Capital
- 1,092
- Contingent Liabilities
- 1,314
- Book Value per Share
- 14.49
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 137
- 2,589
- 516
- Trade Payables
- 934
- 623
- Total Liabilities
- 4,799
- 375
- Capital Work in Progress
- 26
- 85
- 408
- 0
- Cash & Bank
- 505
- 3,400
- Total Assets
- 4,799
- Total Debt
- 611
- Net Working Capital
- 1,589
- Contingent Liabilities
- 1,634
- Book Value per Share
- 19.83
- Face Value
- 1.00
- Total Debt
- 611
- Net Working Capital
- 1,589
- Contingent Liabilities
- 1,634
- Book Value per Share
- 19.83
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 138
- 2,825
- 688
- Trade Payables
- 851
- 579
- Total Liabilities
- 5,080
- 365
- Capital Work in Progress
- 46
- 103
- 584
- 0
- Cash & Bank
- 296
- 3,686
- Total Assets
- 5,080
- Total Debt
- 771
- Net Working Capital
- 1,820
- Contingent Liabilities
- 1,129
- Book Value per Share
- 21.53
- Face Value
- 1.00
- Total Debt
- 771
- Net Working Capital
- 1,820
- Contingent Liabilities
- 1,129
- Book Value per Share
- 21.53
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 144
- 3,673
- 643
- Trade Payables
- 836
- 834
- Total Liabilities
- 6,130
- 460
- Capital Work in Progress
- 122
- 231
- 619
- 2,127
- Cash & Bank
- 318
- 2,252
- Total Assets
- 6,130
- Total Debt
- 819
- Net Working Capital
- 2,182
- Contingent Liabilities
- 1,174
- Book Value per Share
- 26.50
- Face Value
- 1.00
- Total Debt
- 819
- Net Working Capital
- 2,182
- Contingent Liabilities
- 1,174
- Book Value per Share
- 26.50
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 144
- 3,817
- 838
- Trade Payables
- 1,139
- 1,240
- Total Liabilities
- 7,179
- 664
- Capital Work in Progress
- 157
- 267
- 731
- 1,894
- Cash & Bank
- 460
- 3,006
- Total Assets
- 7,179
- Total Debt
- 1,259
- Net Working Capital
- 2,397
- Contingent Liabilities
- 1,133
- Book Value per Share
- 27.47
- Face Value
- 1.00
- Total Debt
- 1,259
- Net Working Capital
- 2,397
- Contingent Liabilities
- 1,133
- Book Value per Share
- 27.47
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -80 | 138 | 183 | -16 | 208 | 82 | 140 | 184 | -111 | 431 | |
| Cash from Investing | 100 | -38 | -15 | -119 | -163 | -116 | -388 | -10 | -410 | -505 |
| Cash from Financing | -34 | -103 | -121 | 93 | -39 | 40 | 242 | -127 | 480 | 111 |
| -14 | -3 | 47 | -42 | 6 | 7 | -5 | 47 | -40 | 37 | |
| Free Cash Flow | -80 | 138 | 172 | -97 | 26 | 40 | 82 | 125 | -323 | 121 |
| OCF / Net Profit | -0.53 | 1.11 | 1.18 | -0.09 | 1.02 | 0.37 | 0.50 | 0.72 | -0.36 | 2.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 159 | 279 | 223 | 176 | -50 | 44 |
| OCF / Net Profit | -0.53 | 1.11 | 1.18 | -0.09 | 1.02 | 0.37 | 0.50 | 0.72 | -0.36 | 2.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 159 | 279 | 223 | 176 | -50 | 44 |
Mar 2016
- -80
- Cash from Investing
- 100
- Cash from Financing
- -34
- -14
- Free Cash Flow
- -80
- OCF / Net Profit
- -0.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.53
- Cumulative 5-Year FCF
- 0
Mar 2017
- 138
- Cash from Investing
- -38
- Cash from Financing
- -103
- -3
- Free Cash Flow
- 138
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
Mar 2018
- 183
- Cash from Investing
- -15
- Cash from Financing
- -121
- 47
- Free Cash Flow
- 172
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 0
Mar 2019
- -16
- Cash from Investing
- -119
- Cash from Financing
- 93
- -42
- Free Cash Flow
- -97
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- 0
Mar 2020
- 208
- Cash from Investing
- -163
- Cash from Financing
- -39
- 6
- Free Cash Flow
- 26
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 159
Mar 2021
- 82
- Cash from Investing
- -116
- Cash from Financing
- 40
- 7
- Free Cash Flow
- 40
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 279
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 279
Mar 2022
- 140
- Cash from Investing
- -388
- Cash from Financing
- 242
- -5
- Free Cash Flow
- 82
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 223
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 223
Mar 2023
- 184
- Cash from Investing
- -10
- Cash from Financing
- -127
- 47
- Free Cash Flow
- 125
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 176
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 176
Mar 2024
- -111
- Cash from Investing
- -410
- Cash from Financing
- 480
- -40
- Free Cash Flow
- -323
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- -50
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- -50
Mar 2025
- 431
- Cash from Investing
- -505
- Cash from Financing
- 111
- 37
- Free Cash Flow
- 121
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 44
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 44
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.21 | 1.00 | 1.25 | 1.44 | 1.59 | 1.74 | 2.06 | 1.85 | 2.15 | 1.35 |
| Book Value (₹) | 7.41 | 8.42 | 9.67 | 11.23 | 12.72 | 14.49 | 19.83 | 21.53 | 26.50 | 27.47 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.06 | 0.10 | 0.00 | 0.15 | 0.18 | 0.20 | 0.20 | 0.10 |
| Cash EPS (₹) | 1.41 | 1.12 | 1.38 | 1.58 | 1.82 | 2.15 | 2.47 | 2.27 | 2.56 | 1.94 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.03% | 9.65% | 9.17% | 8.85% | 12.63% | 12.22% | 13.34% | 11.74% | 11.92% | 10.93% |
| Net Margin % | 5.26% | 5.99% | 5.03% | 4.21% | 5.75% | 5.43% | 6.60% | 5.79% | 7.60% | 5.13% |
| ROE % | 16.26% | 12.62% | 13.83% | 14.00% | 13.30% | 12.76% | 12.33% | 8.95% | 9.13% | 5.01% |
| ROCE % | 15.22% | 12.32% | 16.65% | 20.28% | 19.67% | 18.00% | 17.09% | 12.91% | 12.55% | 7.93% |
| 7.70% | 5.87% | 6.84% | 6.72% | 6.10% | 5.21% | 5.82% | 5.15% | 5.52% | 2.93% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 95 | 200 | 138 | 109 | 153 | 181 | 184 | 149 | 175 | 193 |
| Inventory Days | 32 | 42 | 23 | 15 | 24 | 26 | 30 | 41 | 54 | 65 |
| Payable Days | 238 | 268 | 129 | 109 | 243 | 196 | 247 | 137 | 160 | 167 |
| -111 | -25 | 33 | 16 | -65 | 11 | -32 | 53 | 69 | 91 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.57x | 0.47x | 0.35x | 0.39x | 0.37x | 0.43x | 0.22x | 0.26x | 0.21x | 0.32x |
| Interest Coverage (x) | 3.58x | 3.06x | 4.34x | 4.73x | 4.64x | 3.00x | 3.88x | 3.92x | 4.59x | 2.62x |
| 2.29x | 1.98x | 1.74x | 1.62x | 1.62x | 1.39x | 1.82x | 1.94x | 2.07x | 1.87x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.72% | -21.54% | 52.09% | 42.40% | -18.76% | 15.75% | 4.40% | 2.55% | -7.30% | -6.86% |
| Operating Profit Growth % | 28.54% | -42.00% | 41.75% | 36.66% | 16.04% | 11.98% | 13.90% | -9.74% | 13.57% | -18.80% |
| Net Profit Growth % | -20.78% | -17.77% | 25.31% | 18.71% | 10.75% | 9.35% | 26.88% | -9.96% | 21.63% | -37.11% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.25% | -37.19% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 42.74x | 58.51x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.47x | 2.88x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | 0.13% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 23.44x | 25.63x |
Mar 2016
- EPS (₹)
- 1.21
- Book Value (₹)
- 7.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.41
- Operating Margin %
- 12.03%
- Net Margin %
- 5.26%
- ROE %
- 16.26%
- ROCE %
- 15.22%
- 7.70%
- Debtor Days
- 95
- Inventory Days
- 32
- Payable Days
- 238
- -111
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 3.58x
- 2.29x
- Revenue Growth %
- 0.72%
- Operating Profit Growth %
- 28.54%
- Net Profit Growth %
- -20.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.00
- Book Value (₹)
- 8.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.12
- Operating Margin %
- 9.65%
- Net Margin %
- 5.99%
- ROE %
- 12.62%
- ROCE %
- 12.32%
- 5.87%
- Debtor Days
- 200
- Inventory Days
- 42
- Payable Days
- 268
- -25
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 3.06x
- 1.98x
- Revenue Growth %
- -21.54%
- Operating Profit Growth %
- -42.00%
- Net Profit Growth %
- -17.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.25
- Book Value (₹)
- 9.67
- Dividend per Share (₹)
- 0.06
- Cash EPS (₹)
- 1.38
- Operating Margin %
- 9.17%
- Net Margin %
- 5.03%
- ROE %
- 13.83%
- ROCE %
- 16.65%
- 6.84%
- Debtor Days
- 138
- Inventory Days
- 23
- Payable Days
- 129
- 33
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 4.34x
- 1.74x
- Revenue Growth %
- 52.09%
- Operating Profit Growth %
- 41.75%
- Net Profit Growth %
- 25.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.44
- Book Value (₹)
- 11.23
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 1.58
- Operating Margin %
- 8.85%
- Net Margin %
- 4.21%
- ROE %
- 14.00%
- ROCE %
- 20.28%
- 6.72%
- Debtor Days
- 109
- Inventory Days
- 15
- Payable Days
- 109
- 16
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 4.73x
- 1.62x
- Revenue Growth %
- 42.40%
- Operating Profit Growth %
- 36.66%
- Net Profit Growth %
- 18.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.59
- Book Value (₹)
- 12.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.82
- Operating Margin %
- 12.63%
- Net Margin %
- 5.75%
- ROE %
- 13.30%
- ROCE %
- 19.67%
- 6.10%
- Debtor Days
- 153
- Inventory Days
- 24
- Payable Days
- 243
- -65
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 4.64x
- 1.62x
- Revenue Growth %
- -18.76%
- Operating Profit Growth %
- 16.04%
- Net Profit Growth %
- 10.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.74
- Book Value (₹)
- 14.49
- Dividend per Share (₹)
- 0.15
- Cash EPS (₹)
- 2.15
- Operating Margin %
- 12.22%
- Net Margin %
- 5.43%
- ROE %
- 12.76%
- ROCE %
- 18.00%
- 5.21%
- Debtor Days
- 181
- Inventory Days
- 26
- Payable Days
- 196
- 11
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 3.00x
- 1.39x
- Revenue Growth %
- 15.75%
- Operating Profit Growth %
- 11.98%
- Net Profit Growth %
- 9.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.06
- Book Value (₹)
- 19.83
- Dividend per Share (₹)
- 0.18
- Cash EPS (₹)
- 2.47
- Operating Margin %
- 13.34%
- Net Margin %
- 6.60%
- ROE %
- 12.33%
- ROCE %
- 17.09%
- 5.82%
- Debtor Days
- 184
- Inventory Days
- 30
- Payable Days
- 247
- -32
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 3.88x
- 1.82x
- Revenue Growth %
- 4.40%
- Operating Profit Growth %
- 13.90%
- Net Profit Growth %
- 26.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.85
- Book Value (₹)
- 21.53
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.27
- Operating Margin %
- 11.74%
- Net Margin %
- 5.79%
- ROE %
- 8.95%
- ROCE %
- 12.91%
- 5.15%
- Debtor Days
- 149
- Inventory Days
- 41
- Payable Days
- 137
- 53
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 3.92x
- 1.94x
- Revenue Growth %
- 2.55%
- Operating Profit Growth %
- -9.74%
- Net Profit Growth %
- -9.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.15
- Book Value (₹)
- 26.50
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.56
- Operating Margin %
- 11.92%
- Net Margin %
- 7.60%
- ROE %
- 9.13%
- ROCE %
- 12.55%
- 5.52%
- Debtor Days
- 175
- Inventory Days
- 54
- Payable Days
- 160
- 69
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 4.59x
- 2.07x
- Revenue Growth %
- -7.30%
- Operating Profit Growth %
- 13.57%
- Net Profit Growth %
- 21.63%
- 16.25%
- P/E (x)
- 42.74x
- P/B (x)
- 3.47x
- Dividend Yield %
- 0.22%
- 23.44x
Mar 2025
- EPS (₹)
- 1.35
- Book Value (₹)
- 27.47
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 1.94
- Operating Margin %
- 10.93%
- Net Margin %
- 5.13%
- ROE %
- 5.01%
- ROCE %
- 7.93%
- 2.93%
- Debtor Days
- 193
- Inventory Days
- 65
- Payable Days
- 167
- 91
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 2.62x
- 1.87x
- Revenue Growth %
- -6.86%
- Operating Profit Growth %
- -18.80%
- Net Profit Growth %
- -37.11%
- -37.19%
- P/E (x)
- 58.51x
- P/B (x)
- 2.88x
- Dividend Yield %
- 0.13%
- 25.63x
Documents
Announcements
- General Updates
2026-08-19 - HFCL Limited has informed the Exchange about General Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-15 - HFCL Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating
2026-07-02 - HFCL Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-07-01 - HFCL Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-08-29 - HFCL Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
May 2026
Apr 2026