HFCL Limited
Financial trend (100/100) does the heavy lifting; valuation (2/100) is the drag.
ExpensiveOvervaluedOur blended model reads HFCL Limited as a Hold at 45/100. At ₹193.56 it trades above our blended DCF and relative-multiples fair value of ₹96.78, about 50% downside to that estimate — we read it as overvalued by 50%. On 54.1x trailing earnings it sits pricier than the Technology median of about 20.0x. The price is about 14% below its 52-week high of ₹226.04 and 218% above the low of ₹60.95. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9. The average analyst target of ₹150 implies about 23% downside across 1 analysts. It clears 4 of 10 investability checks, with durability 58, valuation 3 and momentum 74 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹77.42.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-14.37% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold45Piotroski F-score 2/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Pass: Low debt (D/E < 0.5): 0.38x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 120%
- No data: Earnings growing
- Fail: Net margin ≥ 10%: 9.6%
- No data: Current ratio > 1.5
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 5.98
- Fail: Piotroski ≥ 7: 2/9
Quarterly results
Annual financials
Shareholding
- Promoter34.2%
- Institutions17.8%
- Public & other48.0%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 5.98.
Opportunities
- Revenue growing (120% YoY).
Bear case
Weaknesses
- Weak Piotroski score (2/9).
Threats
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About HFCL Limited
HFCL Limited manufactures optical fiber cables and telecommunications equipment for domestic and international markets. Its product range includes underground, aerial, and FTTH cables; unlicensed band backhaul radios, Wi-Fi access points, routers, managed switches, and 5G solutions. The company also produces defense products encompassing electronic fuzes, electro-optics, and high-capacity radio relay systems.
HFCL Limited — frequently asked questions
Is HFCL Limited a buy, hold or sell?
StocksWizard currently rates HFCL Limited (HFCL) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is HFCL Limited's fair value?
Our blended DCF and relative-valuation model estimates HFCL Limited's fair value at about ₹96.78, versus a current price of ₹193.56 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is HFCL Limited financially healthy?
HFCL Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9.
How has HFCL Limited's share price performed?
HFCL Limited is up 67% over three months, and last traded at ₹193.56. Past performance doesn't predict future returns.
More in Technology
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.