HFCL Limited has informed the Exchange about HFCL entering into a long term supply agreement with a customer for supply of Optical Fiber Cables (OFC), worth USD 1.10 billion approx. (approximately USD One Billion One Hundred Million) equivalent to Rs. 10,159 crores approx. (approximately INR Ten Thousand One Hundred Fifty Nine Crore)
HFCL · price
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HFCL has signed a 5-year supply agreement through its overseas wholly owned subsidiary with a global multinational corporation for high-quality, high-fibre-count Optical Fiber Cables. The total contract value is approximately USD 1.10 billion (around ₹10,159 crores), covering supply from calendar year 2026 to 2030 with an automatic extension option to 2030. The order involves multi-million fibre kilometres to be supplied each year, with purchase orders released periodically. The company described this as a historic first — the largest long-term, multi-year OFC supply arrangement in its history — and noted that few global manufacturers have the technology and scale to deliver such products, strengthening HFCL's competitive position in the global OFC market.
This is a very large, multi-year export order in US dollars that significantly boosts HFCL's order book and revenue visibility through 2030, likely to be viewed positively by the market. The international nature and hard-currency pricing also provide a natural hedge against rupee depreciation, while the long tenure and large scale enhance earnings predictability.