| P/E Ratio | 22.63xSector: 63.34x |
|---|---|
| Market Cap | ₹576.67 CrRetailing |
| RSI | 68.67Neutral Zone |
| Promoter Holding | 73.4%No pledge |
| Metric | H1-27 | H2-26 | H1-26 |
|---|---|---|---|
| Revenue from Operations | 1,814 | 1,413 | 979 |
| Other Income | 2.1 | 5.8 | 1.2 |
| Total Income | 1,816 | 1,418 | 980 |
| Profit Before Tax | 35.5 | 23.6 | 10.7 |
| Net Profit | 26.3 | 17.7 | 7.8 |
| Operating Margin | 2.0% | 1.7% | 1.1% |
| Net Profit QoQ | +48.6% | ||
| Net Profit YoY | +237.2% | ||
| Adj. Profit QoQ | +87.6% | ||
| Adj. Profit YoY | +251.6% | ||
Key highlights
- Net profit increased by 237.2% YoY to ₹26.3 crore from ₹7.8 crore in H1-26
- Revenue from operations grew to ₹1,814 crore, a significant rise from ₹979 crore YoY
- Operating margins improved to 2.0% in H1-27 compared to 1.1% in the same period last year
- Earnings per share (EPS) for the half-year stood at ₹22.07 per share
- Board approved the HP Telecom Employee Stock Option Scheme 2026 covering 2,38,294 shares
Triple-Digit Profit Growth and Margin Expansion
HP Telecom India Limited demonstrated strong operational leverage in the first half of FY27, with net profit surging 237.2% year-on-year to reach ₹26.3 crore. This growth was underpinned by a robust expansion in revenue from operations, which climbed to ₹1,814 crore from ₹979 crore in H1-26. The company managed to improve its operating efficiency, as evidenced by the operating margin widening to 2.0% from 1.1% in the year-ago period.
Profit before tax also saw a significant upward trajectory, rising to ₹35.5 crore for the half-year ended September 30, 2026, compared to ₹10.7 crore in the corresponding previous half.
Operational and Technical Performance Metrics
- Total income for the period stood at ₹1,816 crore including other income of ₹2.1 crore
- Net worth of the company increased to ₹127.25 crore as of September 30, 2026
- Debt-equity ratio improved to 1.58 from 1.70 in the previous half-year period
- Stock price reflects strong momentum with a 60.56% one-year return as of the results date
- Current price of ₹484 trades at a P/E of 22.63x, well below the sector average of 63.34x
Launch of New Employee Stock Option Scheme
Alongside the financial results, the Board of Directors approved the HP Telecom Employee Stock Option Scheme 2026, aimed at rewarding eligible employees and aligning their interests with the company's long-term objectives. The scheme contemplates the grant of options covering 2,38,294 equity shares, subject to shareholder approval. The grant of options will be based on performance appraisal metrics including both corporate and individual metrics.
This move follows the company's qualitative guidance provided on October 5, 2026, regarding revenue expansion and maintaining range-bound operating margins within its specialty retail and distribution segment.
ESOS-2026 Implementation Details
The performance appraisal and selection process of eligible employees and grants to be made shall be governed by mandatory performance criteria, which shall consist of a combination of both corporate and individual performance metrics at the time of Grant and individual performance metrics at the time of vesting.
| Date | Announcement | Amount |
|---|---|---|
| 13 Nov 2025 | Unaudited Standalone Financial Results for H1 FY26 (Net profit)Source: alphasurveillance.in | ₹7.84 Cr |
| 29 May 2025 | Audited Standalone Financial Results for FY25 (Revenue from operations)Source: pocketful.in | ₹1,596.00 Cr |
| 29 May 2025 | Audited Standalone Financial Results for FY25 (Net profit)Source: careratings.com | ₹12.58 Cr |
What to watch next
- Shareholder approval for HP Telecom Employee Stock Option Scheme 2026
- Release of Audited Full Year Results for FY27 in May 2027
- Expansion of distribution network across the telecom and technology product segments
- Ongoing monitoring of standard resistance level at ₹517.97
| Share price | ₹484 |
|---|---|
| Market capitalisation | ₹576.67 Cr |
| Revenue (annual) | ₹2,391.69 Cr |
| Net profit (annual) | ₹25.49 Cr |
| P/E (TTM) | 22.63×Sector 63.34× |
| Promoter holding | 73.4% |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by HP Telecom India Limited announcing unaudited standalone financial results for the half year ended September 30, 2026. Market figures from a third-party data provider.
