HFCL Share Price ₹234 | P/E 62.5

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of HFCL

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	1,433	995	1,111	1,032	1,326	1,158	1,094	1,012	801	871	1,043	1,211	1,824
Expenses +	1,279	849	979	916	1,130	984	935	860	838	843	853	983	1,510
Operating Profit	154	146	133	117	196	175	158	152	-37	28	190	228	314
OPM %	11%	15%	12%	11%	15%	15%	14%	15%	-5%	3%	18%	19%	17%
Other Income +	14	13	18	47	14	10	15	21	14	15	13	17	22
Interest	38	36	35	37	40	42	45	47	51	56	61	63	63
Depreciation	21	21	21	19	20	24	25	26	30	32	36	44	45
Profit before tax	109	103	94	108	149	119	102	100	-105	-45	106	138	228
Tax %	28%	26%	25%	24%	27%	7%	28%	28%	-21%	-34%	32%	26%	19%
Net Profit +	79	76	70	82	109	111	73	73	-83	-29	72	102	184
EPS in Rs	0.52	0.49	0.49	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.64	1.17

Financials of HFCL

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	2,553	2,872	2,131	3,227	4,738	3,839	4,423	4,727	4,743	4,465	4,065	4,949
Expenses +	2,272	2,600	1,944	2,944	4,320	3,346	3,873	4,077	4,125	3,884	3,616	4,188
Operating Profit	281	273	187	283	418	493	550	650	619	582	449	762
OPM %	11%	10%	9%	9%	9%	13%	12%	14%	13%	13%	11%	15%
Other Income +	110	-29	21	24	40	22	31	37	47	102	58	66
Interest	44	62	62	64	92	115	175	166	152	147	185	242
Depreciation	34	26	22	23	27	42	69	78	83	82	106	157
Profit before tax	312	156	124	220	339	358	337	442	431	454	217	428
Tax %	0%	0%	0%	22%	32%	34%	27%	26%	26%	26%	20%	23%
Net Profit +	324	156	124	172	232	237	246	326	318	338	173	329
EPS in Rs	2.61	1.26	0.99	1.35	1.73	1.77	1.86	2.27	2.18	2.29	1.23	2.04
Dividend Payout %	0%	0%	0%	4%	6%	0%	8%	8%	9%	9%	8%	10%

Financials of HFCL

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	124	124	124	124	127	128	128	137	138	144	144	153
Reserves	753	716	840	1,055	1,314	1,540	1,788	2,661	2,970	3,812	3,935	4,738
Borrowings +	398	544	539	469	590	734	942	783	936	991	1,522	1,744
Other Liabilities +	572	791	773	941	1,262	1,427	2,358	1,590	1,429	1,540	1,945	2,232
Total Liabilities	1,847	2,175	2,275	2,588	3,294	3,829	5,216	5,171	5,473	6,487	7,546	8,868
Fixed Assets +	199	175	188	196	238	504	508	528	548	652	852	1,617
CWIP	4	1	2	10	86	34	36	108	268	469	602	85
Investments	272	57	50	55	60	58	41	55	70	194	158	135
Other Assets +	1,373	1,943	2,035	2,327	2,911	3,233	4,631	4,480	4,586	5,172	5,935	7,031
Total Assets	1,847	2,175	2,275	2,588	3,294	3,829	5,216	5,171	5,473	6,487	7,546	8,868

Financials of HFCL

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	129	0	136	207	34	172	145	205	235	-45	396	-378
Cash from Investing Activity +	-45	37	-25	-30	-150	-167	-165	-458	-44	-449	-518	-324
Cash from Financing Activity +	-74	-55	-114	-116	67	-7	25	248	-145	454	170	669
Net Cash Flow	10	-18	-3	61	-49	-1	5	-5	46	-40	47	-33
Free Cash Flow	111	-51	110	166	-143	5	41	23	-105	-454	-12	-723
CFO/OP	54%	12%	103%	102%	15%	53%	30%	41%	54%	13%	89%	-44%

Financials of HFCL

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	52	141	202	134	113	153	215	146	145	181	170	163
Inventory Days	259	192	140	56	41	96	65	98	113	135	145	161
Days Payable	320	307	260	148	134	227	262	173	131	141	174	115
Cash Conversion Cycle	-9	26	81	42	20	22	18	72	127	175	141	210
Working Capital Days	75	112	134	84	62	91	70	85	124	164	179	212
ROCE %	36%	24%	13%	18%	24%	21%	20%	19%	15%	13%	8%	11%

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