Also trades as: HFCL.BO (BSE) · $vol 4M

₹237.12 ($2.46)

-1.24 (-0.52%)

NSE · Technology · Communication Equipment · Tech Score Buy · Power 55 · ₹364.8B mcap · 1.03B float · 4.56% daily turnover

Revenue

$49.5B +21.8% ▲

5Y CAGR: +2.3%

Gross Profit

$11.4B +3.4% ▲

5Y CAGR: +2.5%

Operating Income

$6.0B -17.1% ▼

5Y CAGR: -4.2%

Net Income

$3.1B +75.7% ▲

5Y CAGR: +5.5%

EPS (Diluted)

$2.13 +73.2% ▲

5Y CAGR: +2.7%

EBITDA

$8.3B +101.9% ▲

5Y CAGR: +8.7%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$47.3B	$47.4B	$44.7B	$40.6B	$49.5B
YoY Growth	+6.9%	+0.3%	-5.9%	-9.0%	+21.8%
Cost of Revenue	$35.0B	$34.9B	$32.3B	$29.6B	$38.0B
Gross Profit	$12.2B	$12.6B	$12.4B	$11.1B	$11.4B
Gross Margin	25.9%	26.5%	27.8%	27.2%	23.1%
R&D Expenses	$207M	$45M	$98M	$61M	$0
SG&A Expenses	$3.0B	$3.5B	$3.6B	$3.7B	$5.4B
Operating Expenses	$3.2B	$3.6B	$3.7B	$3.8B	$5.4B
Operating Income	$9.0B	$9.0B	$8.7B	$7.3B	$6.0B
Operating Margin	19.0%	19.0%	19.6%	17.9%	12.2%
Interest Expense	$1.7B	$1.5B	$1.5B	$1.9B	$2.4B
Income Before Tax	$4.4B	$4.3B	$4.5B	$2.2B	$4.3B
Tax Expense	$1.2B	$1.1B	$1.2B	$433M	$982M
Net Income	$3.1B	$3.0B	$3.3B	$1.8B	$3.1B
Net Margin	6.6%	6.3%	7.4%	4.4%	6.3%
EPS (Diluted)	$2.38	$2.18	$2.33	$1.23	$2.13
EBITDA	$6.6B	$6.0B	$5.7B	$4.1B	$8.3B
Shares Outstanding	1.32B	1.38B	1.42B	1.44B	1.46B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$11.6B	$10.9B	$10.1B	$8.0B	$8.7B	$10.4B	$12.1B	$18.2B
Cost of Revenue	$8.2B	$7.8B	$7.0B	$6.6B	$6.4B	$7.7B	$9.1B	$13.4B
Gross Profit	$3.4B	$3.2B	$3.1B	$1.4B	$2.4B	$2.7B	$3.1B	$4.8B
Gross Margin	29.3%	29.1%	30.9%	17.2%	27.1%	25.8%	25.2%	26.4%
R&D Expenses	$0	$0	$0	$61M	$0	$0	$0	$0
SG&A Expenses	$887M	$894M	$945M	$993M	$1.1B	$1.1B	$1.2B	$2.0B
Operating Expenses	$887M	$894M	$945M	$1.1B	$1.1B	$1.1B	$1.2B	$2.0B
Operating Income	$2.5B	$2.3B	$2.2B	$322M	$1.3B	$1.5B	$1.8B	$2.8B
Operating Margin	21.6%	20.9%	21.5%	4.0%	15.0%	14.8%	15.2%	15.2%
Interest Expense	$423M	$449M	$468M	$511M	$556M	$609M	$628M	$628M
Income Before Tax	$1.2B	$1.0B	$1.0B	-$1.0B	-$447M	$1.1B	$1.4B	$2.3B
Tax Expense	$81M	$291M	$277M	-$216M	-$154M	$344M	$357M	$435M
Net Income	$1.1B	$739M	$736M	-$814M	-$322M	$679M	$976M	$1.8B
Net Margin	9.6%	6.8%	7.3%	-10.2%	-3.7%	6.5%	8.1%	9.8%
EPS (Diluted)	$0.77	$0.51	$0.51	$-0.56	$-0.22	$0.47	$0.67	$1.21
EBITDA	$1.7B	$1.6B	$1.4B	-$498M	$226M	$2.0B	$2.4B	$3.4B
Shares Outstanding	1.45B	1.45B	1.44B	1.45B	1.47B	1.44B	1.46B	1.48B

HFCL.NS NSE