Rs 10,410 Crore Order Book: Telecom Infra Company Bags New Order Worth Rs 173.72 crore for Telecom Equipment
Over the past one year, the stock has delivered a return of -7.08 per cent, while the three-year return is 36.41 per cent.
HFCL Limited, a leading player in the telecom infrastructure sector, has secured a substantial purchase order worth Rs 173.72 crore for the supply of indigenously manufactured telecom networking equipment. This equipment will be used for the 5G network of a prominent domestic telecom service provider. The order highlights HFCL's growing capabilities in indoor and outdoor networking products and its role in enhancing digital connectivity across India. The execution timeline for this order is set until September 2025, and it involves no related party transactions.
This development aligns with HFCL’s strategic shift from project-based to product-based revenue, which is contributing to improved margins, lower working capital requirements, and faster realizations. The company reported a 24 per cent year-on-year revenue growth in its Telecom Products segment for the first nine months of FY25. This segment contributed 57 per cent of HFCL’s total revenue, while its Turnkey Contracts and Services segment saw a 15 per cent decline. HFCL is a key manufacturer of Wi-Fi access points and UBR radios in India and holds a significant market share in optical fiber cable supply.
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HFCL has a diversified client base that includes major telecom operators such as Jio, Airtel, TATA, and BSNL. It serves over 100 clients across more than 45 countries. Backed by a strong R&D focus, HFCL continues to develop advanced telecom and defense products while also expanding its manufacturing capabilities. The company has announced plans to enhance its optical fiber and cable production capacity, reflecting its commitment to future-ready infrastructure.
As of May 19, 2025, HFCL’s stock price stood at Rs 89.76. The stock has a 52-week high of Rs 161.75 and a 52-week low of Rs 74.12. With a market capitalization of Rs 12,768 crore, HFCL is considered a Mid-Cap stock. Over the past one year, the stock has delivered a return of -7.08 per cent, while the three-year return is 36.41 per cent. The stock is trading at a price-earnings (PE) ratio of 35.03. Notably, Reliance Strategic Business Ventures Limited holds a 3.36 per cent stake, and Reliance Ventures Limited owns 1.57 per cent of the company.
HFCL’s growth trajectory, coupled with its focus on high-margin telecom products and global presence, places it among the promising players in India’s small- to mid-cap telecom space.
Disclaimer: The article is for informational purposes only and not investment advice