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).

Products

Optical Fiber Cables

Futureline
Aerial
Armoured
FTTx
Micro
Unarmoured

Telecom equipments

Microwave Radio’s
GPON

Electronics

Telecom Power
Battery Management
Solar

Solutions

Telecom Networks
FTTx
In-Building
OFC
Optical Transmission

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.
2020: Collaborated with VVDN Technologies.

Market Cap	9,547 Cr	ROE	10.8%
P/E Ratio(TTM)	31.3	EPS(TTM)	0.0
P/B Ratio	2.7	Dividend Yield	0.3%
Industry P/E	29.8	Book Value	24.9
		Face Value	1.0

Fundamentals