HFCL Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

HFCL Ltd (Himachal Futuristic Communications Limited) is a differed telecom framework empowering influence with dynamic telecom foundation improvement, framework incorporation, and production and supply of very good quality telecom hardware, Optical Fiber and Optic Fiber Link (OFC) interests. On May 11, 1987, HFCL Ltd became a public limited company under the name Himachal Futuristic Communications Limited. The company is involved in the development, integration, production, and supply of high-quality telecom equipment and optical fiber cable (OFC) for the entire telecom infrastructure.

HFCL Share Price Target 2024-2030

HFCL Stock Price Target for 2024, 2025, 2026, and, surprisingly, far out to 2030, 2035, 2040, and 2050. In order to write this blog about the growth and performance of the company, we can conduct research and seek advice from stock experts; however, keep in mind that these are just predictions and that the actual price may be higher or lower. However, they are able to provide you with a general idea of what experts think about the stock’s outlook over the long term. In 2018, HFCL opened a manufacturing facility for optical fibers in Hyderabad. One of the main telecom project service providers for Reliance Jio, the company is currently putting 4G optical fiber cables into place.

HFCL Share Price Target Today Update

HFCL is a company that operates in the Communication Equipment sector of the Technology sector. The business is traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). We will discuss HFCL share price targets for 2024, 2025, 2026, and up to 2030 in this in-depth post. We will use a variety of technical analysis methods to forecast goals up to 2030 for long-term forecasts. We will employ a machine learning strategy in which the forecasted data is trained on previous performance in order to forecast the price of HFCL up until the year 2030. Over the course of its history, HFCL Ltd., which is well-known for its significant presence on the Indian share market, has displayed various trends.

What Is HFCL Ltd?

The Indian technology company HFCL Limited designs, develops, and manufactures fiber optic cables, electronic components, and other telecom equipment. Gurugram serves as the headquarters of the business, which is listed on both the National Stock Exchange and the Bombay Stock Exchange (BSE). Mahendra Nahata, Deepak Malhotra, and Vinay Maloo co-founded Himachal Futuristic Communications Limited in 1987. It supports a variety of industries, including telecommunications, security and railways, textiles, and cable fiber. In May 1987, the enterprise was enrolled as a public restricted organization in the province of Himachal Pradesh.

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Basic Information About The HFCL Limited

For any kind of network, HFCL provides Fiber and Fiber Optic Cables, as well as a home or business delivery service. In addition, HFCL produced telecom products that could be sold worldwide. In addition, HFCL discussed the railway and defense industries in order to produce products and tools for national security that are stronger and better.

HFCL Business Profile

Since its founding thirty years ago, HFCL has put in a lot of effort to create cutting-edge services for service providers around the world while simultaneously creating products that are on par with the competition. Intelligent power systems, optical fiber cables, and telecom equipment are just a few of HFCL’s specialties.

• Product: ONTs, optical fiber cables (OFC), PCL splitters, Ethernet, cloud-based network management systems, Finolex, and other products are included in the company’s extensive product portfolio.
• Sectors Served: The company provides a wide range of products and services to private and public telecom, defense, railway, utility, and security and surveillance networks.
• Order Book: During Q3FY24, the book of requests was 7678 Cr, an increment of 5280 Cr contrasted with a similar period last year. The government accounts for 5733 crores (or 75% of the total book), while the private sector contributes 1945 crores (or 25%). In terms of services, network services account for 5180 Cr (67 percent), O&M account for 2051 Cr (27 percent), and products account for 447 Cr (6 percent).

Manufacturing Capabilities

75% of the total order book value comes from the government (5733 crore), while the remaining 25% comes from the private sector (1945 crore). Network services account for 67% of sales revenue (5180 crore), while O&M accounts for 27% (2051 crore), and products only contribute 6%. The order book was 7678 crore in Q3FY24, up from 5280 crore in Q3 of the previous year.

• Expansion: Between FY23 and FY25, HFCL intends to increase its OF capacity from 12.00 million fkm to 33.90 million fkm and its OFC capacity from 25.08 million fkm to 35 million fkm. It is building a new facility in the NCR that will specifically produce telecom and network products. By building this plant, HFCL hopes to generate revenues of between Rs. 800 and Rs. 1000 crores by the end of FY25. This is in contrast to the Rs. 122 crores it earned from its old product list as of December 23 in its current portfolio, which only generated revenue from that product line (in HFCL’s old revenue from December 23).
• Focus on R&D: Through tech-focused research and development in Bangalore, Gurugram, and Hyderabad, HFCL is spreading product innovation. Products in development include software-defined radios, round surveillance radars, 5G indoor and outdoor FWA and CPE, and more.

HFCL Fundamentals & Quarterly Results

Metric	Value
Market Cap	₹ 18,332 Cr.
Current Price	₹ 127
High / Low	₹ 130 / 61.5
Stock P/E	55.6
Book Value	₹ 27.4
Dividend Yield	0.16%
ROCE	13.3%
ROE	9.34%
Face Value	₹ 1.00
Debt to Equity	0.25
Debt Capacity	0.00
Debt preceding year	₹ 936 Cr.
Debt	₹ 991 Cr.
Reserves	₹ 3,812 Cr.
EPS	₹ 2.29
EPS last year	₹ 2.29
Pledged percentage	44.5%
FCF Prev Ann	₹ -105 Cr.
EVEBITDA	27.8
Industry PE	38.2
PEG Ratio	6.71
Piotroski score	3.00
Earnings yield	3.17%
Sales growth 5Years	-1.18%

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HFCL Quarterly Results

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales (₹ Cr)	2,131	3,227	4,738	3,839	4,423	4,727	4,743	4,465
Expenses (₹ Cr)	1,944	2,944	4,320	3,346	3,873	4,077	4,125	3,884
Operating Profit (₹ Cr)	187	283	418	493	550	650	619	582
OPM %	9%	9%	9%	13%	12%	14%	13%	13%
Other Income (₹ Cr)	21	24	40	22	31	37	47	102
Interest (₹ Cr)	62	64	92	115	175	166	152	147
Depreciation (₹ Cr)	22	23	27	42	69	78	83	82
Profit before tax (₹ Cr)	124	220	339	358	337	442	431	454
Tax %	0%	22%	32%	34%	27%	26%	26%	26%
Net Profit (₹ Cr)	124	172	232	237	246	326	318	338
EPS (₹)	0.99	1.35	1.73	1.77	1.86	2.27	2.18	2.29
Dividend Payout %	0%	4%	6%	0%	8%	8%	9%	9%

CAGR Report

Metric	10 Years	5 Years	3 Years	TTM (Trailing Twelve Months)
Compounded Sales Growth	8%	-1%	0%	-6%
Compounded Profit Growth	4%	8%	11%	10%
Stock Price CAGR	22%	44%	33%	82%
Return on Equity (ROE)	15%	12%	11%	9%

HFCL Shareholding Pattern

Shareholder Type	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Promoters (%)	38.97	38.30	38.43	38.64	42.05	39.23	39.24	37.69
FIIs (%)	3.57	6.39	4.47	5.12	2.18	6.66	6.77	7.66
DIIs (%)	7.03	2.57	1.36	1.27	0.08	1.87	2.78	5.68
Public (%)	50.43	52.74	55.74	54.96	55.69	52.11	51.12	48.91
Others (%)	0.00	0.00	0.00	0.00	0.00	0.12	0.10	0.06
No. of Shareholders	2,37,416	2,42,002	2,28,277	2,17,556	2,51,132	6,28,752	5,90,692	7,29,536

HFCL Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid year Target	Year End 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 Share Price Target 2025

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

HFCL Share Price Target 2026

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

HFCL Share Price Target 2027

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

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HFCL Share Price Target 2028

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

HFCL Share Price Target 2029

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

HFCL Share Price Target 2030

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

Points Before investing in HFCL Ltd:-

• The company’s stock’s risk factors should always be taken into consideration because ignoring them could result in significant losses.
• The company’s current share price range and trend should be observed because they can change at any time.
• The company’s financials must be verified from reliable sources, and trends in profits and dividends must also be noted.
• It is necessary to first take into consideration the rates of the implied taxes on the stocks.
• Your financial advisor should be consulted before deciding how much money to invest; the amount shouldn’t be easy to change.

Final Words

The HFCL ltd is one of the recorded organizations the organization is performing great on the stock trades generally the offer costs of the organization are seen expanding there are not many examples where the costs were seen falling. Despite all of this, the prices of these shares aren’t very high; only fair prices are being traded. The prices of these shares have gone up over time, making them currently overvalued. The profits of the business follow a pattern and typically increase quarterly, so it is clear that the business is expanding. In the future, the business will also receive the fair revenues and profits.