HFCL - About the company
HFCL is a public company based in Delhi (India), founded in 1987 by Mahendra Nahata, Vinay Maloo and Deepak Malhotra. It operates as a Manufacturer of optical fiber cables and provider of networking solutions. HFCL has raised an undisclosed amount in funding. The company has 17 active competitors, including 2 funded and 8 that have exited. Its top competitors include companies like SAR Televenture, Indus Towers and Tower Vision.
Company Details
Manufacturer of optical fiber cables and provider of networking solutions. The company produces a range of telecommunications infrastructure products, including optical fiber, aerial and underground cables, and interconnect assemblies. It develops access solutions such as network switches, wireless access points, and IP/MPLS routers for traffic management. Additionally, the business offers specialized technology for defense applications, including electronic fuzes, surveillance radar, and software-defined radios. These products support network architecture for telecommunications providers, public sector infrastructure, and enterprise connectivity requirements.
- Website
- hfcl.com
- Social
- Email ID
- *****@hfcl.com
- Phone Number
- +91 **********
- Registered Address
- 8 ELECTRONICS COMPLEX CHAMBAGHAT,SOLAN, HIMACHAL PRADESH, Himachal Pradesh, India, 173213
Key Metrics
Founded Year
1987
Location
Delhi, India
Stage
Public
Latest Funding Round
Investors
Ranked
1st among 17 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
1,820 as on Mar 31, 2026
Similar Companies
Exit Details
Public
Legal entities associated with HFCL
HFCL is associated with 8 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
KOSHA LEGAL LLP CIN: AAK-7176 , India, Active | Sep 28, 2017 | 0 - ₹10 Cr (As on Mar 31, 2023) | - | |
KRISHIV VENTURES PRIVATE LIMITED CIN: U32201DL2015PTC285306 , India, Active | Sep 17, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
HFCL BEZEQ TELECOM LIMITED CIN: U74899DL1995PLC066338 , India, Active | Mar 14, 1995 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
COSMIC ASSOCIATES PRIVATE LIMITED CIN: U70101DL2004PTC130355 , India, Active | Nov 03, 2004 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
DRAGONWAVE HFCL INDIA PRIVATE LIMITED CIN: U64200DL2010PTC211117 , India, Active | Dec 06, 2010 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Nov 30, 2020) | |
HFCL TECHNOLOGIES PRIVATE LIMITED CIN: U29309DL2021PTC382794 , India, Active | Jun 26, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 14 (As on Jan 31, 2025) | |
MONETA FINANCE PRIVATE LIMITED CIN: U65921HP1995PTC017088 , India, Active | Sep 27, 1995 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
HFCL LIMITED CIN: L64200HP1987PLC007466 , India, Active | May 11, 1987 | ₹1,000+ Cr (As on Mar 31, 2026) | 1801 (As on Mar 01, 2026) |
HFCL's IPO details
HFCL got listed on May 05, 1989.
Click here to take a look at HFCL's IPO in detail
Sign up to download HFCL's company profile
HFCL's funding and investors
HFCL has raised funding over 2 rounds. Its first funding round was on Dec 10, 2021. HFCL has 7 institutional investors.
Here is the list of recent funding rounds of HFCL:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 24, 2025 | 5527470 | Post IPO | 2834684 | 5521808 | 5062730 | 2659740 |
Dec 10, 2021 | 4478585 | Post IPO | 4693931 | 9744204 | 7608091 |
Access funding benchmarks and valuations. Sign up today!View details of HFCL's funding rounds and investors
HFCL's founders and board of directors
Founder? Claim ProfileHere are the details of HFCL's key team members:
- Mahendra Nahata: Co-Founder & MD of HFCL and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Vinay Maloo: Co-Founder of HFCL.
- Deepak Malhotra: Co-Founder of HFCL.
View details of HFCL's Founder profiles and Board Members
HFCL's employee count trend
HFCL has 1,820 employees as of Mar 26. Here is HFCL's employee count trend over the years:
Uncover HFCL's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
HFCL's Competitors and alternates
Top competitors of HFCL include SAR Televenture, Indus Towers and Tower Vision. Here is the list of Top 10 competitors of HFCL, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of optical fiber cables and provider of networking solutions | - | 64/100 | ||
2nd |  SAR Televenture 2019, Noida (India), Public | Provider of professional services in procurement, project management, and services delivery | $250K | 61/100 | |
3rd |  Indus Towers 2007, Gurugram (India), Acquired | Provider of wireless communication and infrastructure services | - | 60/100 | |
4th | Tower Vision 2006, Delhi (India), Series D | Passive infrastructure for wireless telecommunications | $300M | 55/100 | |
5th | Provider of remote monitoring and management of telecom sector | - | - | 54/100 | |
6th | Ascend Telecom 2002, Bengaluru (India), Series D | Provider of telecom infrastructure and allied services | $176M | 50/100 | |
7th | GTL Infrastructure 2004, Mumbai (India), Public | Passive infrastructure to wireless operators | - | - | 46/100 |
8th |  Kore Digital 2009, Thane (India), Public | Provider of telecom and infrastructure development services | - | - | 43/100 |
9th |  Suyog Telematics 1995, Mumbai (India), Public | Provider of tower installation and upgradation services | - | - | 37/100 |
10th |  Summit Digitel 2013, Mumbai (India), Funding Raised | Provider of wireless telecommunication infrastructure services | - | 37/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on HFCL's competitors? Click here to see the top ones
Financials of HFCLFY 26 Available
HFCL LIMITED, the legal entity associated with HFCL, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of HFCL LIMITED has a compounded annual growth rate (CAGR) of 22% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 2573 | 9717 | 4058 | 8299 | 9845 |
Total Sales | 2904 | 6079 | 7914 | 9801 | 8691 |
Total Expenses | 2863 | 8804 | 1052 | 7904 | 7759 |
Operating Expenses | 8060 | 4734 | 2068 | 3545 | 9166 |
Employee Expenses | 9314 | 5921 | 3569 | 9401 | 2577 |
Operating Income (EBIT) | 8057 | 3268 | 3543 | 4108 | 2109 |
Interest Expenses | 1242 | 7952 | 3711 | 7001 | 5526 |
Expenses from other activities | 8554 | 8609 | 3264 | 6698 | 9901 |
Information Technology Expenses | 2045 | 2933 | 2226 | 3741 | 4804 |
EBITDA | 3168 | 5516 | 6071 | 8651 | 6579 |
Taxes | 9272 | 3965 | 6279 | 4378 | 5710 |
Net Profit | 9065 | 5692 | 6548 | 6813 | 4349 |
Balance Sheet | |||||
Assets | 9021 | 2033 | 5878 | 7654 | 7586 |
Cash Equivalent | 4248 | 2016 | 5163 | 3830 | 6611 |
Accounts Receivables | 3343 | 2380 | 6666 | 7981 | 7405 |
Inventory | 3465 | 7574 | 6078 | 9103 | 9523 |
Liabilities | 7398 | 1038 | 8504 | 4547 | 3287 |
Total Debt | 9508 | 6741 | 1633 | 7711 | 3187 |
Accounts Payable | 4737 | 7377 | 4538 | 4556 | 5767 |
Equities | 4920 | 6327 | 9470 | 5733 | 9797 |
Cashflow Statement | |||||
Cash from Operating activities | 6728 | 4058 | 6120 | 8091 | 3963 |
Cash from Investing activities | 7496 | 6472 | 8760 | 5704 | 5008 |
Net cash from Financing activities | 9050 | 8477 | 6719 | 4209 | 7588 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
HFCL's Investments and acquisitions
HFCL has made 2 investments in companies including BigCat Wireless and Nivetti Systems. HFCL has also acquired 4 companies including Spiralehl and Blue Diwali.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 25, 2026 | Acquisition | 2021 | Bengaluru (India) | |
May 17, 2023 | Acquisition | - | ||
Feb 27, 2020 | Investments | 2013 | Chennai (India) |
_1584533904630.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Want to know more about where corporates are investing? Sign up today!See all acquisitions by HFCL
Reports related to HFCL
Here is the latest report on HFCL's geography:
News related to HFCL
Filter this listMedia has covered HFCL for a total of 32 events in the last 1 year, 21 of them have been about company updates and 1 about partnerships.
•
•
Maithan Alloys Acquires 0.05% Stake in HFCL for ₹20 CroreFree Press Journal•Oct 14, 2026•Maithan Alloys, HFCL
•
Maithan Alloys Acquires 0.07% Stake in HFCL for ₹29.72 CroreFree Press Journal•Oct 09, 2026•Maithan Alloys, HFCL
•
HFCL Increases Capex to ₹1,800 Crore for Optical Fibre Capacity ExpansionBusiness Line•Sep 14, 2026•HFCL
•
•
HFCL approves new increase in optical fibre capacity to meet boom in data centre demandTelecompaper•Aug 05, 2026•HFCL
•
•
HFCL Posts Record Rs 246 Crore Q1 Profit Driven by Data Centre Demand and ExportsMoneycontrol•Jul 22, 2026•HFCL
•
HFCL Secures ₹495.8 Crore Optical Fiber Cable Export Order from International Data Centre CompanyBusiness Line•Jul 10, 2026•HFCL
•
HFCL launches ‘OptiQ AI’ brand to target hyperscale and AI data centre marketThe Tribune•Jul 08, 2026•HFCL
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about HFCL
Explore our recently published companies
- GO-Labs - Liverpool based, 2021 founded, Unfunded company
- Azeonics - Thane based, 2026 founded, Unfunded company
- Ellison Custom Food Ingredients - Fort Wayne based, 1945 founded, Acquired company
- Taxishuren - Unfunded company
- Palugadatrans - Indonesia based, Unfunded company
- Industrial Metal Services - Shoeburyness based, 1975 founded, Acquired company
