Quant Mutual Fund-Backed Telecom Stock To Pay Final Dividend For FY25 Soon; Check Record Date & Trading Guide

The Board of Directors of a multinational telecommunication company based in India, HFCL, or Himachal Futuristic Communications Limited, have declared record date for the final dividend of FY25. HFCL designs, constructs, and maintains communication networks in order to facilitate telecom infrastructure. With 12.32% of the total shares held by public shareholders as of the quarter ended June 2025, Quant Mutual Fund has a sizeable stake in HFCL Ltd. Through its Quant Active Fund scheme, Quant Mutual Fund alone owns 12.29 crore shares (8.52%) of the 17.76 crore shares held by mutual funds, making it the company's top mutual fund stakeholder.

HFCL Dividend

"The Board of Directors of the Company has recommended a final dividend @10%, i.e. Rs 0.10 (Ten paise) per equity share of face value Rs 1 each for FY25 subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting of the Company," said HFCL in a stock exchange filing.

"The Record Date fixed for determining entitlement of Members to final dividend for the financial year ended March 31, 2025, if approved at the AGM, is Monday, September 08, 2025," HFCL said in its FY25 annual report.

"Pursuant to the provisions of Section 91 of the Act, the Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, September 09, 2025 to Monday, September 15, 2025 (both days inclusive) for the purpose of AGM and payment of dividend on equity shares for FY25," as per HFCL.

HFCL said that September 15, 2025, would be the date of the company's Annual General Meeting (AGM).

HFCL Financials

For the quarter ending June 30, 2025, HFCL recorded a significant decline in its financial performance, with a consolidated net loss of Rs 32 crore as opposed to a profit of Rs 111 crore for the same period of the previous fiscal year. In Q1FY26, revenue from operations was Rs 871 crore, a 25% year-on-year drop from Q1FY25's Rs 1,158 crore. With EBITDA dropping 83% to Rs 29 crore from Rs 174 crore in the same period of the previous year, the company's operating performance also declined, with the EBITDA margin plummeting to 3.3% in Q1FY26 from 15% in Q1FY25.

HFCL Target Price

"HFCL is consolidating near its support zone at ₹70. A rebound from current levels could push the stock toward ₹78-₹82. Momentum indicators are mildly positive, suggesting accumulation at lower levels. A strong move above ₹82 would confirm trend continuation, while ₹68 should be maintained as a strict stop-loss for traders," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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