HPTL
HP Telecom India financials
- Market cap
- ₹427 Cr
- Sector
- Services
What HP Telecom India Limited does
HP Telecom India Limited is a Surat, Gujarat-based company operating in the telecom trade, founded by promoters with over a decade of experience in mobile-phone distribution and the telecom industry. It buys and sells telecom and communication goods and materials through arm's-length dealings with related trading entities named Telecom Merchants, Communication Merchants, RP Distributors, HV Connecting Infra (India) Private Limited and Phone Mart, consistent with a distribution/trading model for mobile phones and telecom products. The company completed its Initial Public Offering during FY2024-25, becoming a publicly listed company in its 14th year of operation.
Quarterly results
Q4 FY26: revenue up 122.5%, net profit up 260.0% against the same quarter last year.
| Line item | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 635 | 594 | 1,003 | 979 | 1,413 +123% |
| EBITDA | 12 | 9 | 17 | 16 | 25 +108% |
| Net profit | 5 | 5 | 7 | 8 | 18 +260% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +88.5% 1Y
1Y: ₹190 on 9 Sept 2025 → ₹358.15. High ₹358.15 (24 Aug 2026), low ₹190 (9 Sept 2025).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹6 Cr | ₹6 Cr | ₹9 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹6 Cr | ₹10 Cr | ₹15 Cr | ₹20 Cr | ₹71 Cr | ₹89 Cr |
| Borrowings | ₹26 Cr | ₹24 Cr | ₹59 Cr | ₹100 Cr | ₹117 Cr | ₹172 Cr |
| Other liabilities | ₹2 Cr | ₹6 Cr | ₹14 Cr | ₹145 Cr | ₹239 Cr | ₹81 Cr |
| Total liabilities | ₹40 Cr | ₹46 Cr | ₹94 Cr | ₹274 Cr | ₹439 Cr | ₹354 Cr |
| Fixed assets | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹4 Cr | ₹9 Cr | ₹23 Cr | ₹40 Cr | ₹11 Cr |
| Other assets | ₹36 Cr | ₹40 Cr | ₹83 Cr | ₹249 Cr | ₹397 Cr | ₹341 Cr |
| Total assets | ₹40 Cr | ₹46 Cr | ₹94 Cr | ₹274 Cr | ₹439 Cr | ₹354 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, DIIs added +0.45 pp while the public trimmed −0.45 pp. The shareholder count shrank 30% to 418.
- Promoters
- 73.4%
- DIIs
- 0.5%
- Public
- 26.1%
Since Mar 2025
- DIIs +0.45 pp
- Public −0.45 pp
- Promoters 0.00 pp
How it drifted, 3 quarters
Ownership split by quarter, oldest first. Mar '25: Promoters 73.4%, Public 26.6%.Sep '25: Promoters 73.4%, DIIs 0.6%, Public 26.0%.Mar '26: Promoters 73.4%, DIIs 0.5%, Public 26.1%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Shriyansh Patodia newly disclosed 1.12% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of HP Telecom India Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Vijay Lalsingh Yadav | 36.95% | unchanged |
| Seemabahen Vijay Yadav | 31.29% | unchanged |
| Mukesh Agrawal | 2.28% | unchanged |
| Bharat Lal Singh | 2.14% | unchanged |
| Krishana Devi | 1.76% | unchanged |
| Kalpesh Nanubhai Bambharolia | 1.45% | unchanged |
| Ajay Mishra | 1.36% | unchanged |
| Sanjeev Harbanslal Bhatia | 1.33% | unchanged |
| Sangita B Yadav | 1.26% | unchanged |
| Shriyansh Patodia | 1.12% | newly disclosed |
| Suvidh Singh | 0.00% | unchanged |
| Telecom Merchant | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 5.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse HP Telecom India Limited
Guides on how to read this kind of business and the numbers that matter.