HP Telecom India Ltd
Founded in March 2011, HP Telecom India Limited is a distributor of mobile phones, accessories, and home appliances[1]
- Market Cap ₹ 343 Cr.
- Current Price ₹ 288
- High / Low ₹ 327 / 101
- Stock P/E 51.1
- Book Value ₹ 63.8
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 57.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 254 | 236 | 292 | 637 | 1,079 | 1,596 | 1,241 | |
| 253 | 232 | 287 | 625 | 1,060 | 1,570 | 1,224 | |
| Operating Profit | 1 | 3 | 5 | 12 | 19 | 26 | 17 |
| OPM % | 0% | 1% | 2% | 2% | 2% | 2% | 1% |
| 2 | 0 | 1 | 1 | 1 | 2 | 2 | |
| Interest | 1 | 2 | 3 | 5 | 8 | 11 | 9 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 2 | 3 | 8 | 12 | 17 | 9 |
| Tax % | 24% | 29% | 25% | 25% | 26% | 26% | |
| 1 | 2 | 2 | 6 | 9 | 13 | 7 | |
| EPS in Rs | 2.57 | 3.05 | 3.65 | 10.89 | 9.82 | 10.56 | 5.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 76% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 90% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 29% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 6 | 6 | 9 | 12 | 19 |
| Reserves | 5 | 6 | 10 | 15 | 20 | 64 | 57 |
| 23 | 26 | 24 | 59 | 100 | 133 | 45 | |
| 1 | 2 | 6 | 14 | 145 | 63 | 11 | |
| Total Liabilities | 34 | 40 | 46 | 94 | 274 | 272 | 131 |
| 2 | 2 | 2 | 1 | 2 | 2 | 13 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 4 | 9 | 23 | 30 | 9 |
| 29 | 36 | 40 | 83 | 249 | 240 | 109 | |
| Total Assets | 34 | 40 | 46 | 94 | 274 | 272 | 131 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 2 | -5 | 7 | -26 | -48 | ||
| 0 | -2 | -5 | -13 | -6 | ||
| 2 | -2 | 30 | 33 | 58 | ||
| Net Cash Flow | 4 | -8 | 32 | -6 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 18 | 22 | 29 | 13 | 18 | 16 |
| Inventory Days | 12 | 14 | 16 | 13 | 42 | 20 |
| Days Payable | -4 | 0 | 6 | 6 | 49 | 13 |
| Cash Conversion Cycle | 33 | 36 | 39 | 20 | 11 | 22 |
| Working Capital Days | -3 | -7 | 7 | -15 | -9 | 2 |
| ROCE % | 10% | 13% | 22% | 19% | 16% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 January 2026 - Regulation 74(5) not applicable for quarter ended 31 Dec 2025; all shares demat, no rematerialisation requests.
-
Agreements
27 December 2025 - 27 Dec 2025: HP Telecom proposes acquiring Kabir Technologies; target turnover ~INR152.52 crore; due diligence ongoing.
-
Outcome of Board Meeting
13 November 2025 - Approved H1 FY2026 unaudited results (30 Sep 2025): Total income Rs98,024 lakh; PAT Rs783.71 lakh; limited review.
-
Outcome of Board Meeting
13 November 2025 - Unaudited results for half-year ended 30 Sep 2025: Revenue Rs98,024 lakh; PAT Rs783.71 lakh; IPO proceeds fully utilised.
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Agreements
4 November 2025 - HP Telecom granted unsecured Rs.10 crore inter-corporate loan to Kabir Technologies at 15% p.a., executed November 4, 2025.
Business Overview[1]
HP Telecom India Limited (HPTIL) distributes mobile phones, accessories, and home appliances. Initially, the company focused on distributing brands like Sony, Nokia, Micro Max, Intex, and Gionee in Gujarat. Over time, it secured exclusive distribution rights for Jio products in Gujarat and Apple products in Madhya Pradesh, Chhattisgarh, and parts of Uttar Pradesh and Gujarat.