HFCLBSEHFCL LtdMediumNeutral
Announced Fri, 8 May · 19:30 IST

This is further to our earlier announcement dated April 30, 2026. In terms of Regulation 30 read with Para A of Part A of Schedule III to the Securities and Exchange Board of India ....

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

HFCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.7%1-day move
₹139.70
prior close
₹139.30
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After-mkt
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AI summary

HFCL delivered record FY26 results with consolidated revenue of ₹4,949 crore (up ~22% YoY), EBITDA of ₹827 crore, and PAT of ₹329 crore. Q4FY26 was particularly strong with revenue of ₹1,824 crore and PAT margin of 10.11%. The company secured a landmark ~$1.1 billion (₹10,159 crore) single OFC supply contract from a hyperscaler, and its total order book stands at a record ₹21,200 crore. Key strategic moves include a ₹580 crore backward integration into preform manufacturing (15-20% cost saving, operational in ~2 years), acquisition of an aerospace defence platform (adding ~₹1,930 crore of export-oriented order book), and multi-fold expansion of data centre interconnect capacity targeting ₹400 crore revenue in FY27 and ₹800 crore in FY28. Export revenues surged to 41.36% of total FY26 revenue vs 12.23% in FY25. The company guided to ~20-25% revenue growth and ~3-4% EBITDA margin expansion in FY27, with a medium-term aspiration to reach ₹10,000 crore revenue. Capex is budgeted at ₹600 crore in FY27 and ₹350 crore in FY28. A strategic restructuring committee has been formed to evaluate potential business demergers.

Likely market impact

HFCL's multi-year order book visibility, improving business mix toward high-margin exports and defence, and margin expansion guidance signal a structurally stronger business. The stock is well-positioned for sustained growth and margin improvement in FY27 and beyond.