---
title: "HP Telecom India Ltd (HPTL) — Share Price, Financials & Analysis"
symbol: "HPTL"
company: "HP Telecom India Ltd"
canonical: "https://tapetide.com/stocks/HPTL"
isin: "INE0VA601019"
nse_symbol: "HPTL"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 406.41
generated_at: "2026-09-13T18:34:47.997Z"
---

# HP Telecom India Ltd (HPTL)

Canonical page: https://tapetide.com/stocks/HPTL

## Company

- **NSE Symbol:** HPTL
- **ISIN:** INE0VA601019
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2025-02-28
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hvciipl.com

## About

Founded in March 2011, HP Telecom India Limited is a distributor of mobile phones, accessories, and home appliances[1]

## Latest Price

- **Price:** ₹358.15
- **Change:** +17.05 (+5%)
- **Open:** ₹358
- **Day High:** ₹358.15
- **Day Low:** ₹358
- **Previous Close:** ₹341.1
- **Volume:** 6000
- **As Of:** 2026-09-11T09:36:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:22.066535Z.

- **Market Cap:** ₹406.41 Cr
- **Classification:** SME
- **P/E (reported):** 15.9
- **Book Value:** ₹84.73
- **Price to Book:** 4.03
- **Dividend Yield:** 0%
- **ROE:** 25.25%
- **ROCE:** 47.41%
- **Debt to Equity:** 1.7
- **Revenue (yearly):** ₹2398.7 Cr
- **Net Income:** ₹25.5 Cr
- **EBITDA:** ₹47.9 Cr
- **52-Week High:** ₹360
- **52-Week Low:** ₹190
- **RSI (14):** 57.87

## Tapetide Score

- **Score:** 63 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 94.2 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 30.97 | 9% |
| growth | 81 | 9% |
| momentum | 91.08 | 12% |
| ownership | 55.24 | 24% |
| quality | 84.18 | 22% |
| valuation | 41.1 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 76.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 130.42% | 158.6% | 433.48% |
| ebitda margin growth | 14.94% | 9.89% | 10.5% |
| net income growth | 102.38% | 60% | 77% |
| revenue growth | 50.13% | 55% | 59% |
| roce | 29.54% | -29.53% | 50.21% |
| roe | 51.47% | 23.81% | 83.24% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 635 | 594 | 1003 | 979 | 1413 |
| Expenses | 623 | 584 | 986 | 963 | 1387 |
| Operating Profit | 12 | 9 | 17 | 16 | 25 |
| OPM % | 1.9 | 1.6 | 1.7 | 1.6 | 1.8 |
| Other Income | 1 | 1 | 1 | 1 | 6 |
| Interest | 4 | 3 | 8 | 6 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 8 | 7 | 10 | 11 | 24 |
| Tax % | 35 | 25 | 27 | 27 | 25 |
| Net Profit | 5 | 5 | 7 | 8 | 18 |
| EPS in Rs | 6.23 | 5.99 | 6.16 | 6.58 | 14.81 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 254 | 236 | 292 | 637 | 1079 | 1596 | 2392 |
| Expenses | 253 | 232 | 287 | 625 | 1060 | 1570 | 2351 |
| Operating Profit | 1 | 3 | 5 | 12 | 19 | 26 | 41 |
| OPM % | 0.3 | 1.4 | 1.6 | 1.9 | 1.7 | 1.6 | 1.7 |
| Other Income | 2 | 0 | 1 | 1 | 1 | 2 | 7 |
| Interest | 1 | 2 | 3 | 5 | 8 | 11 | 14 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 2 | 3 | 8 | 12 | 17 | 34 |
| Tax % | 24 | 29 | 25 | 25 | 26 | 26 | 26 |
| Net Profit | 1 | 2 | 2 | 6 | 9 | 13 | 25 |
| EPS in Rs | 2.57 | 3.05 | 3.65 | 10.89 | 9.82 | 10.56 | 21.39 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 6 | 6 | 9 | 12 | 12 |
| Reserves | 5 | 6 | 10 | 15 | 20 | 64 | 89 |
| Borrowings | 23 | 26 | 24 | 59 | 100 | 133 | 172 |
| Other Liabilities | 1 | 2 | 6 | 14 | 145 | 60 | 81 |
| Total Liabilities | 34 | 40 | 46 | 94 | 274 | 268 | 354 |
| Fixed Assets | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 4 | 9 | 23 | 11 | 11 |
| Other Assets | 29 | 36 | 40 | 83 | 249 | 256 | 341 |
| Total Assets | 34 | 40 | 46 | 94 | 274 | 268 | 354 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 2 | -5 | 7 | -26 | -51 | 15 |
| Cash from Investing Activity | — | 0 | -2 | -5 | -13 | -3 | -7 |
| Cash from Financing Activity | — | 2 | -2 | 30 | 33 | 58 | 29 |
| Net Cash Flow | — | 4 | -8 | 32 | -6 | 5 | 37 |
| Free Cash Flow | — | 2 | -5 | 7 | -27 | -51 | 15 |
| CFO/OP | — | 69 | -82 | 75 | -126 | -177 | 55 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 18 | 22 | 29 | 13 | 18 | 16 | 11 |
| Inventory Days | 12 | 14 | 16 | 13 | 42 | 20 | 22 |
| Days Payable | -4 | 0 | 6 | 6 | 49 | 13 | 12 |
| Cash Conversion Cycle | 33 | 36 | 39 | 20 | 11 | 22 | 21 |
| Working Capital Days | -3 | -7 | 7 | -15 | -9 | 6 | 2 |
| ROCE % | — | 10 | 13 | 22 | 19 | 16 | 20 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 73.4% | 73.4% | 73.4% |
| FIIs | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0.45% |
| Government | 0% | 0% | 0% |
| Public | 23.77% | 24.52% | 25.4% |
| Others | 2.83% | 2.07% | 0.75% |
| No. of Shareholders | 597 | 428 | 418 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 328.28 | Buy |
| EMA (10) | 332.6 | Buy |
| SMA (20) | 327.25 | Buy |
| EMA (20) | 326.02 | Buy |
| SMA (50) | 305.54 | Buy |
| EMA (50) | 309.97 | Buy |
| SMA (100) | 285.73 | Buy |
| EMA (100) | 294.16 | Buy |
| SMA (200) | 278.44 | Buy |
| EMA (200) | 263.5 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.36 | Neutral |
| MACD (12,26,9) | 8.81 | Buy |
| Stochastic (14,3,3) | 61.22 | Neutral |
| ADX (14) | 18.17 | Neutral |
| Williams %R (14) | -3.85 | Sell |
| ATR (14) | 16.12 | High Volatility |
| ROC (12) | 2.3 | Buy |
| Stoch RSI (14) | 71.78 | Neutral |
| UO (7,14,28) | 60.58 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Regulation 74(5) not applicable for quarter ended 31 Dec 2025; all shares demat, no rematerialisation requests. | [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.](https://nsearchives.nseindia.com/corporate/HPTL_09012026142931_Compliance_Certificate_under_Reg_74_5_.pdf) |
| 9 April 2026 - Seemabahen Vijay Yadav has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 9 April 2026 - Seemabahen Vijay Yadav has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_sandeshc_08042026121633_2.pdf) |
| 8 Jul - Regulation 74(5) not applicable for quarter ended 30 June 2026; all shares held in demat form. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Regulation 74(5) not applicable for quarter ended 30 June 2026; all shares held in demat form.](https://nsearchives.nseindia.com/corporate/HPTL_08072026143711_Compliance_Certificate_under_Regulation_74_5_.pdf) |
| 7 April 2026 - Regulation 74(5) certificate not applicable for quarter ended 31 March 2026; all shares held in demat form. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Regulation 74(5) certificate not applicable for quarter ended 31 March 2026; all shares held in demat form.](https://nsearchives.nseindia.com/corporate/HPTL_07042026162108_Compliance_Certificate_under_Reg_74_5__for_quarter_ended_30_March_26.pdf) |
| 29 Jun - 15th AGM on 22 July 2026; shareholders to vote on financials, directors, RPTs, ₹300 crore borrowing, remuneration. | [Shareholders meeting 29 Jun - 15th AGM on 22 July 2026; shareholders to vote on financials, directors, RPTs, ₹300 crore borrowing, remuneration.](https://nsearchives.nseindia.com/corporate/HPTL_29062026104703_Notice_of_15th_AGM.pdf) |
| 27 December 2025 - 27 Dec 2025: HP Telecom proposes acquiring Kabir Technologies; target turnover ~INR152.52 crore; due diligence ongoing. | [Agreements 27 December 2025 - 27 Dec 2025: HP Telecom proposes acquiring Kabir Technologies; target turnover ~INR152.52 crore; due diligence ongoing.](https://nsearchives.nseindia.com/corporate/HPTL_27122025112625_Proposed_Acquisition_of_Shares.pdf) |
| 26 May 2026 - Board approved FY26 audited results with unmodified opinion and appointed Varsha Gohil & Associates as internal auditor for FY27. | [Outcome of Board Meeting 26 May 2026 - Board approved FY26 audited results with unmodified opinion and appointed Varsha Gohil & Associates as internal auditor for FY27.](https://nsearchives.nseindia.com/corporate/HPTL_26052026160457_Outcome_of_Board_Meeting.pdf) |
| 26 May - Board approved FY26 audited results and appointed Varsha Gohil & Associates as internal auditor for FY27. | [Appointment 26 May - Board approved FY26 audited results and appointed Varsha Gohil & Associates as internal auditor for FY27.](https://nsearchives.nseindia.com/corporate/HPTL_26052026161052_Appointment_of_Internal_Auditor.pdf) |
| 25 March 2026 - Trading window closed 1 Apr 2026 until 48 hours after audited results for half-year/year ended 31 Mar 2026. | [Trading Window 25 March 2026 - Trading window closed 1 Apr 2026 until 48 hours after audited results for half-year/year ended 31 Mar 2026.](https://nsearchives.nseindia.com/corporate/HPTL_25032026111201_Closure_of_Trading_Window.pdf) |
| 25 March 2026 - CARE reaffirms HPTL: ₹99.50cr LT BBB-; ₹75.50cr LT/ST BBB-/A3; outlook Positive. | [Credit Rating 25 March 2026 - CARE reaffirms HPTL: ₹99.50cr LT BBB-; ₹75.50cr LT/ST BBB-/A3; outlook Positive.](https://nsearchives.nseindia.com/corporate/HPTL_25032026182500_Intimation_of_Credit_Rating.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29472_HPTL_2025_2026_A_3365868_29062026105140.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26698_HPTL_2024_2025_A_03072025115100.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:34:47.997Z.