HCIN Networks Unlisted shares
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HCIN Networks shares are likely in a sideways trend, meaning the price is fluctuating within a defined range without a significant upward or downward move, due to a few key factors. This could be because of investor uncertainty, economic stability, or a balance of buying and selling pressures around support and resistance levels. Without major news or catalysts, the market may lack the momentum to break out of this range.
About HCIN Networks Unlisted shares
HCIN Networks Private Limited, established on August 2, 2019, has rapidly emerged as a significant player in India’s telecommunications and IT sectors. The company holds a Category-A ISP License from the Department of Telecommunications, authorizing it to provide internet services nationwide.
Business Divisions
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Internet Service Provider (ISP):
- Services: HCIN Networks offers Internet Leased Lines, Commercial Broadband Services, and Software-Defined Wide Area Networks (SD-WAN).
- Infrastructure: The company operates its own Network Operating Center (NOC), manages over 1,000 km of fiber network, and maintains more than 15 RF towers.
- Major Clients: Prominent clients include Airtel, Tata Communications, and ACT Fibernet.
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Infrastructure Leasing (IP-1 License):
- Services: Specializes in FTTH/FTTC planning, dark fiber leasing, and network-to-network interfaces.
- Achievements: Successfully established 125,000 home passes for Airtel and installed 750 km of fiber.
- Clients: Key clients encompass Airtel, Tata Communications, and Indus Tower.
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Telecom Infrastructure Services:
- Services: Focuses on deploying passive infrastructure for 4G and 5G towers, along with implementing solar-powered upgrades.
- Projects: Currently executing over 500 tower deployments and upgrading more than 500 towers with solar infrastructure.
- Key Clients: Notable clients include BSNL and Indus Tower.
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IT System Integration & Managed Services:
- Services: Provides on-site IT infrastructure deployment and offers 24/7 managed services through its NOC.
- Scale: Operates across 500 locations with a dedicated team of over 250 professionals.
- Clients: Esteemed clients include ISRO, DRDO, and Byju’s.
Financial Performance
In the fiscal year 2023-2024 (FY’24), HCIN Networks reported a revenue of ₹29.2 crore, distributed as follows:
- ISP: ₹11.5 crore
- IT Managed Services: ₹11 crore
- Infrastructure Leasing: ₹5.5 crore
- Telecom Infrastructure: ₹1.2 crore
The company has demonstrated consistent growth, with revenue increasing from ₹0.9 crore in FY’20 to ₹29.2 crore in FY’24. Projections indicate revenues of ₹80.66 crore in FY’25, ₹165.89 crore in FY’26, and ₹246.5 crore in FY’27.
Pros
- Diverse Service Portfolio: HCIN Networks offers a comprehensive range of services, catering to various sectors within the telecommunications and IT industries.
- Robust Infrastructure: Ownership of extensive fiber networks and a dedicated NOC ensures reliable service delivery.
- Esteemed Clientele: The company has established relationships with industry leaders such as Airtel, Tata Communications, and government organizations like ISRO and DRDO.
Cons
- Capital-Intensive Operations: The nature of infrastructure projects necessitates significant capital expenditure, which can impact cash flow.
- Competitive Market: The telecommunications sector is highly competitive, with numerous players vying for market share.
Key Details
| Share Name | Particulars |
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| Fundamentals | Value |
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Financials
| P&L Statement | 2024 | 2023 | 2022 |
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| Financial Ratios | FY24 | FY23 | FY22 |
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| Company | HCIN Networks | Zensar Technologies Ltd | Coforge |
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| Assets | 2024 | 2023 | 2022 |
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| Liabilities | 2024 | 2023 | 2022 |
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Promoters or Management
| Name | Designation | Experience | Linkedin Profile |
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Annual Reports
| Name | Download |
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