Why did HFCL (HFCL) stock move recently?

On 9/2/2026, HFCL moved -4.4% — HFCL announced a ₹2,329 crore three-year international supply agreement for high-fibre-count optical fibre cables (via exchange filing on Sept 1), but the stock declined on profit booking after a sharp year-to-date rally. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is HFCL (HFCL) overvalued or fairly valued?

MarketChacha shows HFCL's valuation in context — a forward P/E of about 44.5, a price-to-book of about 7.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is HFCL's revenue?

HFCL reported revenue of ₹4,528 Cr for FY2026, with net profit of ₹253 Cr, per official filings.

What is the share price of HFCL (HFCL)?

HFCL last traded at ₹231.44 (+2.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

HFCL

HFCL · NSE · Telecom Equipment · India

Snapshot

TickerHFCL

ExchangeNSE

SectorTelecom Equipment

IndustryCommunication Equipment

CountryIndia

HeadquartersNew Delhi, India

Websitewww.hfcl.com

Filings tracked8

About HFCL

HFCL Limited manufactures and sells telecom products in India and internationally. The company offers optical fiber cables, such as underground, aerial, microduct, FTTH, and micromodule cables; telecommunication products, including unlicensed band backhaul radios, Wi-Fi access points, routers, managed switches, antennas, network management solutions, and 5g product portfolio; defence product comprising electronic fuzes, electro optics, high capacity radio relay, software defined radios, and ground surveillance radars; and passive networking components, such as high density cabinets, joint closures, optical splitters, aerial cable accessories, fiber optic cable assemblies, and copper cable assemblies. It also provides network solutions for public telecommunications, defence and railway communications, and system integration services. The company was formerly known as Himachal Futuristic Communications Limited and changed its name to HFCL Limited in October 2019. HFCL Limited was incorporated in 1987 and is based in New Delhi, India.

Who owns it

Promoters34.2%
Institutions18.6%
Public & other47.2%

58 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend4.2% → 5.6%

Margin has expanded by about 1.4 points — the business is getting more profitable.

Growth qualityrev 4% · PAT 17%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹7,374 Cr · EPS 5.20

Est. earnings growth +52.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 7

Revenue (FY2026)

₹4,949 Cr

Revenue CAGR (2y)

+6.5%

Ask MarketChacha about HFCL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 2, 2026
HFCL announced a ₹2,329 crore three-year international supply agreement for high-fibre-count optical fibre cables (via exchange filing on Sept 1), but the stock declined on profit booking after a sharp year-to-date rally.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Aug 5, 2026
HFCL shares rose as the company secured export orders worth ~₹523 crore (USD 54.81 million) for optical fiber cables, per BSE filings on Aug 2 and widely reported on Aug 3.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 24, 2026
HFCL fell 4.91% as investors booked profits after the sharp rally on July 22 Q1 results (swing to profit, revenue doubling) and board approval for a ₹215-cr data center connectivity manufacturing facility; no new negative catalyst emerged.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium
Jul 23, 2026
HFCL fell 5% on profit booking after jumping ~4% the prior day on strong Q1 results (swing to profit, revenue doubling on data centre demand) and board approval for a new ₹215-cr AI data centre facility.
source 1 ↗· confidence: medium
Jul 21, 2026
HFCL rose 4.78% with no specific company catalyst reported; it likely moved in line with broader market or sector sentiment after appearing among losers the prior day.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about HFCL

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹4,949 Cr	—	—
FY2022	₹4,770 Cr	—	—
FY2021	—	₹239 Cr	—
FY2019	₹4,366 Cr	₹184 Cr	4.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹1,608 Cr	₹179 Cr	1.17	11.1%
Q4 FY26	₹1,511 Cr	₹178 Cr	1.59	11.8%
Q3 FY26	₹1,224 Cr	₹56 Cr	0.39	4.6%
Q3 FY19	₹1,106 Cr	₹48 Cr	—	4.4%
Q2 FY19	₹1,137 Cr	₹40 Cr	—	3.5%
Q1 FY19	₹1,032 Cr	₹44 Cr	—	4.3%
Q4 FY18	₹944 Cr	—	—	—

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')
We would like to inform all our stakeholders that HFCL Pty Ltd, a step-down subsidiary of the Company incorporated in Australia, has been voluntarily liquidated and deregistered w.e.f. ....
BSE8/19/2026
Award_of_Order_Receipt_of_Order
We are pleased to inform all stakeholders that the Company has secured export orders worth ~USD 54.81 million (equivalent to ~INR 522.73 crore), for the supply of optical fiber cables from ....
BSE8/2/2026material
Change in Registered Office Address
We wish to inform you that the Company has received the Certificate of Registration from the Registrar of Companies, Chandigarh, Haryana, on July 31, 2026, pursuant to the order passed ....
BSE7/31/2026
Award_of_Order_Receipt_of_Order
We are pleased to inform all stakeholders that the Company has secured export order worth USD 46.13 million approx.(equivalent to INR 441.53 crore approx.), for the supply of optical fiber ....
BSE7/30/2026material
Press Release / Media Release
Enclosed, please find herewith a Press Release on Un-audited financial results for the 1st quarter ended June 30, 2026, of the Financial Year 2026-27, both on standalone and consolidated ....
BSE7/22/2026
Outcome Of The Meeting Of The Board Of Directors Held On July 22, 2026 - Setting Up Of A State-Of-The-Art Manufacturing Facility For Data Center Connectivity Products
Setting up of a state-of-the-art manufacturing facility for Data Center Connectivity Products: Details as attached letter.
BSE7/22/2026
Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On July 22, 2026
Outcome of Board Meeting - 22.07.2026
BSE7/22/2026
Outcome Of The Meeting Of The Board Of Directors Held On July 22, 2026
Un-audited Financial Results of the Company for the 1st Quarter ended June 30, 2026, of the Financial Year 2026-27, both on Standalone and Consolidated basis ('Financial Results'), in accordance ....
BSE7/22/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.