HFCL balance sheet

As of Sep 2026

Total assets: ₹10,175cr+27.8% on Sep 2025
Shareholders' equity: ₹5,755cr+37.7% on Sep 2025
Total debt: ₹1,840cr+18.6% on Sep 2025
Cash and investments: ₹226cr+219.8% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	941	913	630	496	487
	138	85.0	200	154	70.5
	25.9	28.4	16.7	11.7	17.3
	26.2	26.2	26.2	26.2	26.2
	223	248	179	118	17.7
	408	401	402	315	198
	22.9	23.2	19.9	19.5	18.6
	128	70.4	137	169	39.0
	5.5	10.0	11.8	9.0	9.5
	260	270	410	520	423
	76.5	42.3	72.3	54.3	44.3
	469	392	631	753	516
	323	46.8	71.6	60.1	39.6
	2,578	2,164	2,176	1,953	1,390
	1,544	1,416	899	774	758
	41.4	41.3	1.3	5.2	12.4
	2,630	2,212	1,892	2,215	1,886
	185	37.7	70.5	23.3	63.7
	410	431	421	313	259
	17.5	19.6	15.5	20.0	21.5
	598	702	611	539	534
	3,881	3,444	3,010	3,116	2,776
	2,148	1,831	1,445	591	533
	7,597	6,703	5,371	4,534	4,082
	10,175	8,868	7,546	6,487	5,473
Equity
	153	153	144	144	138
	5,496	4,738	3,975	3,812	2,970
	5,649	4,891	4,119	3,956	3,108
	106	57.8	—	44.3	36.6
	5,755	4,949	4,119	4,000	3,144
Liabilities
	652	390	390	169	110
	18.2	18.8	9.7	9.1	6.2
	670	409	400	178	117
	57.1	62.6	53.0	47.5	40.9
	68.8	80.9	86.5	77.3	28.8
	796	552	539	303	186
	1,189	1,323	951	808	638
	1,186	1,007	1,079	808	878
	626	667	614	446	550
	3,001	2,998	2,644	2,061	2,066
	0.0	13.2	15.8	12.3	12.3
	60.0	60.0	1.5	4.9	19.5
	623	296	227	105	43.9
	3,624	3,367	2,888	2,184	2,142
	4,419	3,919	3,427	2,487	2,328
	10,175	8,868	7,546	6,487	5,473
Assets — additional as-filed lines
	23.4	12.8	16.4	52.5	15.2
Trade payables — MSME split
	132	114	74.4	—	—
	1,054	894	1,004	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HFCL₹243.46

HFCL Ltd.

· Telecom & Media

₹ CrorePeersTEJASNET ITI RAILTEL TTML BHARTIHEXA TATACOMM IDEA OPTIEMUSMcap ₹37,257 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	487.1	495.9	630.2	913.4	941.3
+ Capital Work-in-Progress	70.5	154.1	200.0	85.0	138.3
+ Investment Property	17.3	11.7	16.7	28.4	25.9
+ Goodwill	26.2	26.2	26.2	26.2	26.2
+ Other Intangibles	17.7	118.1	178.6	247.7	223.2
+ Intangibles under Development	197.7	314.9	401.9	401.3	407.5
+ Investments (Equity Method)	18.6	19.5	19.9	23.2	22.9
+ Non-current Investments	39.0	169.2	136.8	70.4	127.8
+ Long-term Loans	9.5	9.0	11.8	10.0	5.5
+ Trade Receivables — Non-current	423.1	520.3	409.9	269.8	259.6
+ Other Non-current Financial Assets	44.3	54.3	72.3	42.3	76.5
Non-current Financial Assets	515.9	752.8	630.7	392.4	469.4
+ Other Non-current Assets	39.6	60.1	71.6	46.8	323.5
Total Non-current Assets	1,390.4	1,953.3	2,175.6	2,164.4	2,578.2
Current Assets
+ Inventories	757.9	774.4	898.8	1,416.0	1,544.0
+ Current Investments	12.4	5.2	1.3	41.3	41.4
+ Trade Receivables	1,886.1	2,215.5	1,891.7	2,212.2	2,630.0
+ Cash & Cash Equivalents	63.7	23.3	70.5	37.7	185.0
+ Other Bank Balances	258.9	313.0	420.8	430.8	409.8
+ Short-term Loans	21.5	20.0	15.5	19.6	17.5
+ Other Current Financial Assets	533.6	538.5	610.5	702.3	597.7
Current Financial Assets	2,776.1	3,115.5	3,010.4	3,443.8	3,881.4
+ Other Current Assets	533.0	591.1	1,445.0	1,830.7	2,148.0
Total Current Assets	4,082.2	4,533.5	5,370.7	6,703.2	7,596.7
Total Assets	5,472.6	6,486.8	7,546.3	8,867.6	10,174.9
Equity
+ Equity Share Capital	137.6	144.0	144.2	153.0	153.0
+ Other Equity / Reserves	2,969.9	3,811.5	3,975.1	4,737.7	5,496.1
Equity — Owners of Parent	3,107.5	3,955.5	4,119.3	4,890.8	5,649.2
+ Minority Interest	36.6	44.3	—	57.8	106.3
Total Equity	3,144.1	3,999.8	4,119.3	4,948.6	5,755.4
Liabilities
+ Borrowings — Non-current	110.4	169.2	389.9	389.9	651.6
+ Other Non-current Financial Liab	6.2	9.1	9.7	18.8	18.2
Non-current Financial Liabilities	116.6	178.3	399.6	408.7	669.8
+ Provisions — Non-current	40.9	47.5	53.0	62.6	57.1
+ Deferred Tax Liabilities	28.8	77.3	86.5	80.9	68.8
Non-current Liabilities	186.3	303.1	539.1	552.2	795.8
+ Borrowings — Current	637.9	808.1	951.2	1,323.5	1,188.5
+ Trade Payables	878.0	807.6	1,078.7	1,007.4	1,186.0
+ Other Current Financial Liab	550.5	445.8	613.9	667.1	626.1
Current Financial Liabilities	2,066.5	2,061.4	2,643.7	2,998.0	3,000.5
+ Provisions — Current	12.3	12.3	15.8	13.2	0.0
+ Current Tax Liabilities	19.5	4.9	1.5	60.0	60.0
+ Other Current Liabilities	43.9	105.4	226.8	295.7	623.2
Current Liabilities	2,142.2	2,184.0	2,887.9	3,366.8	3,623.7
Total Liabilities	2,328.5	2,487.0	3,427.0	3,919.0	4,419.5
Total Equity & Liabilities	5,472.6	6,486.8	7,546.3	8,867.6	10,174.9
Assets — additional as-filed lines
+ Current Tax Assets	15.2	52.5	16.4	12.8	23.4
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	74.4	113.9	131.7
+ Dues to Other Creditors — Current	—	—	1,004.2	893.5	1,054.3

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.