HFCL Share Price: The Company’s predictions from 2024 to 2030 are an important topic for investors today, especially those who want to invest their money in the telecom and technology sector. In this blog post, we will tell you about the Target Price of HFCL for the coming years. If you are also an investor in HFCL or are thinking of becoming one, then this article is going to be very useful for you.
Himachal Futuristic Communications Ltd (HFCL) Company Overview
HFCL (Himachal Futuristic Communications Limited) is a leading telecom infrastructure development company in India, which mainly provides optical fibre cables, telecom equipment, and network solutions.
The company’s main focus is on the infrastructure of 5G networks, defence communication solutions, and broadband services. HFCL’s products and services are in great demand not only in India but also globally.
The company’s vision is to take the telecom industry to the next level by using advanced technologies. With the advent of 5G, HFCL’s growth prospects have become even brighter, which will help boost the stock price in the future.
| Company Name | Himachal Futuristic Communications Ltd. |
| Founded | 1987 |
| Headquarters | New Delhi |
| Industry | Renewable Energy |
| Founder | Mahendra Nahata |
| CEO/MD | Mahendra Nahata |
| Stock Exchange Listing | NSE & BSE |
| Official Website | hfcl.com |
HFCL Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹18,456.11 Cr. |
| ROE | 9.13 % |
| ROCE | 12.55% |
| P/E | 48.29 |
| P/B | 4.54 |
| Industry P/E | 16.16 |
| Debt to Equity | 0.29 |
| Div. Yield | 0.16% |
| Book Value | ₹28.15 |
| Face Value | ₹1 |
| EPS (TTM) | ₹2.65 |
| 52 Week High | ₹171 |
| 52 Week Low | ₹65.05 |
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HFCL Ltd. Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 44.65B | -5.87% |
| Operating expense | 7.39B | +2.52% |
| Net income | 3.30B | +9.58% |
| Net profit margin | 7.39 | +16.38 |
| Earnings per share | — | – |
| EBITDA | 5.68B | -6.09 |
| Effective tax rate | 25.66% | – |
HFCL Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 976.20M | +27.19% |
| Total assets | 64.87B | +18.53% |
| Total liabilities | 24.87B | +6.81% |
| Total equity | 40.00B | – |
| Shares outstanding | 1.44B | – |
| Price to book | 4.66 | – |
| Return on assets | 5.22% | – |
| Return on Capital | 6.89% | – |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 3.30B | +9.58% |
| Cash from operations | -448.70M | -119.08 |
| Cash from investing | -4.49B | -917.74% |
| Cash from financing | 4.54B | +413.54% |
| Net change in cash | -395.80M | -185.63% |
| Free cash flow | -4.46B | +28.50 |
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HFCL Share Price Target From 2024 to 2030
| Year | Share Price Target |
|---|---|
| HFCL Target Price 2024 | ₹170 |
| HFCL Target Price 2025 | ₹195 |
| HFCL Target Price 2026 | ₹230 |
| HFCL Target Price 2027 | ₹260 |
| HFCL Target Price 2028 | ₹300 |
| HFCL Target Price 2029 | ₹350 |
| HFCL Target Price 2030 | ₹400 |
HFCL Share Price Target 2024
In 2024, HFCL stock value may trade at 170 INR. The company’s technological innovation and global telecom presence may make this stock a good investment opportunity in the long term.
HFCL Share Price Target 2025
HFCL target in 2025 can reach 195 INR. Focus on 5G technology and fibre optic networks can take the company’s shares in a positive direction.
HFCL Share Price Target 2026
Share Price of HFCL in 2026 shares can trade at around 230 INR. Given the telecom equipment demand and global expansion plans, this year can be crucial for growth.
HFCL Share Price Target 2027
By 2027, HFCL’s share price is expected to rise to 260 INR. The company’s R&D initiatives and partnerships will sustain growth and can be promising for long-term investors.
HFCL Share Price Target 2028
In 2028, HFCL Ltd share price could reach 300 INR. If the company enters new markets and continues technology upgrades, the share price will see a steady increase.
HFCL Share Price Target 2029
By 2029, HFCL’s share price could reach 350 INR. Innovation and expansion in the telecommunication sector will drive growth. If the company makes strategic acquisitions, it will push the share price up.
HFCL Share Price Target 2030
Target price of HFCL in 2030 has the potential to trade at around 400 INR. The impact of 5G deployment and global partnerships will drive growth, making this an important year for long-term returns.
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HFCL Shareholding Pattern
- Retail & Other: 46.72%
- Promoters: 36.24%
- Foreign Institution: 6.68%
- Mutual Funds: 8.58%
- Other Domestic Institutions: 1.78%
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HFCL Competitors/Peer Companies
- Techno Electric
- L&T
- Waaree Renewables
- Acme Solar Holdings
- Reliance Infrastructure
- Sterling
- Engineers India
- Va tech Wabag
- Power Mech Projects
- ISGEC Heavy Engineering
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Conclusion
See, as per our analysis, HFCL’s Share Price Target From 2024 To 2030 can go a little higher if the company continues to grow well. It is important for the investor to keep an eye on fundamentals, market trends, and company strategies. Due to advanced technologies and strategic initiatives, this company can give good returns in both the short term and long term.
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FAQs
-
Is HFCL a good buy for long term?
Yes.
-
Is HFCL overvalued or undervalued?
Overvalued.
-
Is HFCL debt free?
No.
-
Is HFCL a mid cap company?
Yes.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
