HFCL Limited (formerly known as Himachal Futuristic Communications Limited), established in 1987, is a leading Technology Enterprise connecting the world with the fully integrated communication network solutions and specialised services. Consistently...
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HFCL Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
HFCL Ltd. should be analysed on a Standalone basis
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1. Is HFCL Ltd a good quality company?
MoneyWorks4Me analysed the past 10-year performance of HFCL Ltd and arrived at the following conclusion:
Past 10 year's financial track record indicates that HFCL Ltd is a below average quality company. However, for specific investment actions please connect with your investment advisor.
2. Is current market price of HFCL Ltd a good price to buy it?
The 5-year analysis of HFCL Ltd's performance infers:
HFCL Ltd earnings have grown by 3%, whereas share price has appreciated 12.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.
3. What is HFCL Ltd share price return in the past 10 years ?
We analysed the performance of HFCL Ltd share prices over the last 10 years. Here is what we found out:
HFCL Ltd share price has appreciated 11.6% annually over the past ten years.
HFCL Limited (formerly known as Himachal Futuristic Communications Limited), established in 1987, is a leading Technology Enterprise connecting the world with the fully integrated communication network solutions and specialised services. Consistently empowering innovation, it endeavour to develop new technologies and next-generation products which are globally benchmarked and cost effective. Research & Development activities are spearheaded by its two
HFCL Limited (formerly known as Himachal Futuristic Communications Limited), established in 1987, is a leading Technology Enterprise connecting the world with the fully integrated communication network solutions and specialised services. Consistently empowering innovation, it endeavour to develop new technologies and next-generation products which are globally benchmarked and cost effective. Research & Development activities are spearheaded by its two Centres of Excellence (CoEs) at Gurgaon and Bengaluru, further supported by invested R&D Houses and Collaborators from different locations in India and Overseas.
HFCL manufacture Optical Fiber, Optical Fiber Cables (OFC), Passive Interconnect Solutions and high-end Transmission and Access Equipment. Its technologically advanced offerings span the entire value chain, from manufacturing hi-tech communication network products to providing specialized services, which get deployed across Telecom, Defence, Railways, Utilities and Security & Surveillance Networks, both in the Private and Government Sector.
Business area of the company
HFCL is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high-end telecom equipment, Optic Fiber and Optic Fiber Cable (OFC).
Optical Fiber Cables
Railway Telecom Networks
Safe and Smart Cities
Milestones and achievements
2011: New Strategic Partnership with Reliance Jio for creation of 4G Network Infrastructure.
2011: Restructured Debt & Equity.
2011: Merger of high net-worth company, Sunvision Engineering Company Pvt. Ltd.
2012: Capacity of Goa manufacturing facility expanded to 2.6m fkm.
2013: Doubled the Revenue. PAT increased by 5 times.
2014: Capacity of Goa manufacturing facility expanded to 4.9m fkm.
2015: Set up Railways Communication, Smart City, Defence communication as new business verticals.
2015: Defence equipment business vertical was awarded seven manufacturing licenses from GoI.
2016: Capacity of Goa manufacturing facility expanded to 7m fkm.
2016: Commencement of OFC manufacturing facility at Chennai, in HTL Ltd., a subsidiary with capacity of 4m fkm.
2017: Railway Business vertical won its first two significant orders from Eastern Dedicated Freight Corridor and Western Dedicated Freight Corridor.
2018: Capacity of Goa manufacturing facility expanded to 8m fkm.
2018: Setting up of R&D Division for Design & Development including WiFi Network products/solutions, Radios etc.
2018: Capacity of Chennai plant expanded to 7m fkm.
2019: Setting up of Optical Fiber Plant in Hyderabad with 6.4m fkm capacity. Expected to be completed by the end of 2019.
2019: Acquired 90% stake in a technology focussed company, Raddef Private Limited which has expertise in RF and Microwave domain embedded systems, Communication systems, RADAR and Surveillance systems.
2020: Starts commercial production of Optical Fiber Cables at Hyderabad facility.