Today we explore HFCL share Price target for 2024, 2025, 2026, and up to 2030. For long-term forecasts, we also check out Hfcl Fundamentals, Financials. We are going to talk about where HFCL currently stands in the market, the direction it is heading in terms of growth, and how various external market factors could impact its stock performance going into 2030.
HFCL plays an important role in the telecommunications industry. Company is developed telecom infrastructure, integrating systems, and producing high-quality telecom equipment, Optical Fiber, and Optic Fiber Cable (OFC).
Himachal Futuristic Communications Limited Brief Intro
Contents
HFCL Ltd was established as a Public limited Company on May 11, 1987, under the name Himachal Futuristic Communications Limited. The name was later changed to HFCL Limited on May 15, 2019. The company is involved in various aspects of telecom infrastructure, including development, integration, manufacturing, and supply of high-quality telecom equipment and Optic Fiber Cable (OFC). Manufacturing plants are situated in Solan, Himachal Pradesh, Salcete, Goa, and New Delhi.
| Company Name | HFCL (Himachal Futuristic Communications Limited) |
| Listed | NSE & BSE |
| HFCL Head Office | Commercial Complex, 8 Masjid Moth, Part 2, Greater Kailash, New Delhi, Delhi 110048 |
| Board Of Director | Mahendra Nahata (Managing Director), Arvind Kharabanda (Non-Executive Director), Surendra Singh Sirohi (Independent Director), Tamali Sengupta (Independent Director), Ranjeet Mal Kastia (Non-Executive Director), Ajai Kumar (Independent Director), Bharat Pal Singh (Independent Director) |
| Official Website | hfcl.com |
Also Check Protean eGov Share Price Target
HFCL Business Profile
HFCL specializes in the manufacturing of telecommunication equipment, optical fiber cables, and intelligent power systems. Over the past thirty years, HFCL has developed competitive products and cutting-edge solutions in the high-technology. telecommunications infrastructure sector.
HFCL is dedicated to capitalizing on new high-growth opportunities in sectors such as railways, homeland security, smart cities, and defense. The company is actively involved in supporting government initiatives like railway modernization, defense self-sufficiency, digital security, Make in India, and smart cities. Currently, the company operates five manufacturing facilities in Telangana, Tamil Nadu, and Goa with the following capacities:
- Optical Fibre Cable – 25.08 Mn fkm p.a.
- FTTH Cable – 702k cable km p.a.
Company’s Hosur, Tamilnadu facility manufactures raw materials like Fiber Reinforced Plastic Rods, Aramid Reinforced Plastic Rods, Impregnated Glass Fiber Reinforcement and Polymer Compound used in manufacturing of OFC.
Must Check Olectra Greentech Share Price Target & Order Book
HFCL Product Portfolio
The company offers a variety of products and services to cater to various industries including Telecom, defense, railways, utilities, and security and surveillance networks, serving clients in both the private and government sectors.
- Optical Fiber Cable (OFC)
- indoor & outdoor WIFI
- Cloud-based network management system
- High density cabinets
- PCL splitters
- Railway communication solutions
- Ethernet
HFCL Revenue Breakdown & Clientele
Public Telecommunication makes up 89% of the total, Defence Communication & Electronics accounts for 8%, and Railway Communication accounts for the remaining 3%.
ompany’s client base includes Jio, Airtel, Vodafone, LT, SIFY, SCCI, ALTSTOM, BSNL, GLOBE, LIQUID, MAYFLEX, etc.
HFCL Fundamentals & Financial
| Market Cap | ₹ 13,904 Cr. |
| Current Price | ₹ 96.5 |
| High / Low | ₹ 118 / 60.4 |
| Stock P/E | 47.7 |
| Book Value | ₹ 24.9 |
| Dividend Yield | 0.21 % |
| ROCE | 15.2 % |
| ROE | 10.2 % |
| Face Value | ₹ 1.00 |
| Debt to equity | 0.25 |
| Debt Capacity | 0.00 |
| Debt preceding year | ₹ 783 Cr. |
| Debt | ₹ 896 Cr. |
| Reserves | ₹ 3,417 Cr. |
| EPS | ₹ 2.08 |
| EPS last year | ₹ 2.18 |
| Pledged percentage | 44.7 % |
| FCF Prev Ann | ₹ 23.0 Cr. |
| EVEBITDA | 22.3 |
| Industry PE | 40.1 |
| PEG Ratio | 3.91 |
| Piotroski score | 3.00 |
| Earnings yield | 3.90 % |
| Sales growth 5Years | 8.01 % |
On 11 April 2024, HFCL share price is 96.5 rs. HFCL, a mid-cap firm, with ₹ 13904 crores market cap in April 2024. It has EPS (earnings per share)₹ 2.08 , it allocates ₹ 2.08 for every individual share – a high EPS signaling good profitability. However, its 47.7 price-to-equity ratio (P/E) substantially exceeds the 40.1 industry average.
Also Check GRSE Share Price Target & Fundamental Analysis
Quarterly Results
| Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 1,183 | 1,051 | 1,173 | 1,086 | 1,433 | 995 | 1,111 | 1,032 |
| Expenses + | 1,059 | 935 | 995 | 917 | 1,279 | 849 | 979 | 916 |
| Operating Profit | 124 | 116 | 179 | 169 | 154 | 146 | 133 | 117 |
| OPM % | 10% | 11% | 15% | 16% | 11% | 15% | 12% | 11% |
| Other Income + | 30 | 13 | -4 | 25 | 14 | 13 | 18 | 47 |
| Interest | 38 | 38 | 39 | 37 | 38 | 36 | 35 | 37 |
| Depreciation | 23 | 20 | 21 | 20 | 21 | 21 | 21 | 19 |
| Profit before tax | 93 | 71 | 114 | 137 | 109 | 103 | 94 | 108 |
| Tax % | 27% | 25% | 26% | 26% | 28% | 26% | 25% | 24% |
| Net Profit + | 68 | 53 | 84 | 102 | 79 | 76 | 70 | 82 |
| EPS in Rs | 0.47 | 0.37 | 0.59 | 0.70 | 0.52 | 0.49 | 0.49 | 0.58 |
CAGR Report
| 10 Years | 5 Years | 3 Years | TTM | |
|---|---|---|---|---|
| Compounded Sales Growth | 23% | 8% | 7% | 2% |
| Compounded Profit Growth | 19% | 12% | 10% | -1% |
| Stock Price CAGR | 27% | 32% | 59% | 53% |
| Return on Equity | 18% | 13% | 12% | 10% |
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|
| Promoters + | 39.20% | 39.24% | 39.24% | 39.24% | 37.84% | 37.84% |
| FIIs + | 6.72% | 6.52% | 6.77% | 7.53% | 8.35% | 8.18% |
| DIIs + | 2.58% | 2.64% | 2.78% | 2.95% | 4.64% | 4.55% |
| Public + | 51.36% | 51.49% | 51.12% | 50.19% | 49.09% | 49.37% |
| Others + | 0.13% | 0.12% | 0.10% | 0.09% | 0.08% | 0.08% |
| No. of Shareholders | 6,16,562 | 6,14,948 | 5,90,692 | 5,85,647 | 5,89,482 | 6,51,786 |
Recent Development
During the fiscal years 2023–2025, HFCL plans to increase its existing capacity for optical fiber (OF) from 12.00 million fiber kilometers to 33.90 million fiber kilometers, and its capacity for Optical Fibre Cable (OFC) from 25.08 million fiber kilometers to 35 million fiber kilometers.
The company is establishing a new manufacturing plant in the NCR region specifically for telecom and networking products. They aim to achieve revenue of Rs. 800 – Rs.1000 Cr in FY25, a significant increase from the current revenue of Rs. 122 Cr from their existing product range as of December 2023.
HFCL is spreading product innovation through tech-centric R&D, operating in Bangalore, Gurugram and Hyderabad. Products under developments like 5G Indoor and Outdoor FWA & CPE, 5G radio 8T8R, Software-defined radios, round surveillance radars, etc.
Must Check Vikas Lifecare Share Price Target
| Year | 1st Target | 2nd Target | 3rd Target |
|---|---|---|---|
| 2024 | ₹100 | ₹110 | ₹118 |
| 2025 | ₹121 | ₹135 | ₹150 |
| 2026 | ₹154 | ₹170 | ₹180 |
| 2027 | ₹190 | ₹220 | ₹247 |
| 2028 | ₹260 | ₹300 | ₹337 |
| 2029 | ₹410 | ₹450 | ₹500 |
| 2030 | ₹550 | ₹630 | ₹675 |
HFCL Ltd (HFCL) is projected to see robust growth in 2024, starting at a target price of ₹100. By 2030, HFCL share price target may increase to ₹750 due to optimistic market trends.
| Months | Target Prices |
|---|---|
| January | 121 |
| February | 123 |
| March | 125 |
| April | 121 |
| May | 117 |
| June | 113 |
| July | 118 |
| August | 123 |
| September | 128 |
| October | 131 |
| November | 134 |
| December | 150 |
| Months | Target Prices |
|---|---|
| January | 154 |
| February | 158 |
| March | 150 |
| April | 141 |
| May | 150 |
| June | 155 |
| July | 160 |
| August | 163 |
| September | 170 |
| October | 173 |
| November | 170 |
| December | 180 |
| Months | Target Prices |
|---|---|
| January | 182 |
| February | 175 |
| March | 170 |
| April | 175 |
| May | 185 |
| June | 195 |
| July | 205 |
| August | 190 |
| September | 220 |
| October | 230 |
| November | 240 |
| December | 247 |
| Months | Target Prices |
|---|---|
| January | 260 |
| February | 250 |
| March | 240 |
| April | 235 |
| May | 250 |
| June | 270 |
| July | 285 |
| August | 300 |
| September | 293 |
| October | 315 |
| November | 325 |
| December | 337 |
| Months | Target Prices |
|---|---|
| January | 347 |
| February | 330 |
| March | 325 |
| April | 335 |
| May | 350 |
| June | 375 |
| July | 390 |
| August | 370 |
| September | 384 |
| October | 400 |
| November | 450 |
| December | 500 |
| Months | Target Prices |
|---|---|
| January | 519 |
| February | 530 |
| March | 502 |
| April | 515 |
| May | 529 |
| June | 550 |
| July | 540 |
| August | 560 |
| September | 573 |
| October | 600 |
| November | 639 |
| December | 675 |
HFCL official Website http://hfcl.com
Disclaimer:-
The information provided on https://stocktrend.in/ is for educational and informational purposes only. It should not be construed as financial advice or as a recommendation to buy, sell, or hold any particular investment or security.
We are not licensed financial advisors or registered investment advisors. Any investment decisions made based on the information provided on this blog are solely the responsibility of the individual investor. It is recommended that you consult with a qualified financial advisor or investment professional before making any investment decisions. For More Information Read Complete Disclaimer
