Himachal Futuristic Communications Ltd Multibagger 3 years timeframe

Himachal Futuristic Communications Ltd Multibagger 3 years time-frame

• Established in 1987, Himachal Futuristic Communications Limited (HFCL)is a leading telecom infrastructure developer, system integrator and the manufacturer of high-end telecom equipment and optical fibre cables(OFC). As an integrated telecom infrastructure provider, it delivers innovative, customized and competitively priced end-to-end telecom solutions. 

• The digital revolution in India is gaining deeper roots. Telecommunication technology and infrastructure would continue to upgrade in order to meet the emerging needs of retail, enterprise and sovereign customers.This Provides great opportunity for HFCL to cash in.

• In OFC, the Company recorded highest ever revenue and profi ts together with signifi cant export breakthroughs which now stands open to more than 20 countries. 

• In Telecom Equipment segment, the Company started manufacturing of GSM equipment during the year. Also it bagged some large orders in Turnkey segment and closed the year with combined order book of `3,000 Crore.

• Company again achieved highest ever Revenue of `2,551 Crore in the current year as against `2019 Crore in the previous year, a rise of 26%. The net profi t also increased to `190 Crore from `147 Crore in the previous year. Our return ratios continued to improve with EPS recording a y-o-y growth of 30% and RoE and RoCE improving further to 18% and 20% respectively. 

• One can invest in this Company with long term view as the company is to benefit from digital India revolution.