This is further to our earlier announcement dated May 16, 2025. In terms of Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations, we hereby submit ....
Awaiting price reaction for this filing.
HFCL reported weak FY25 results with consolidated revenue declining to ₹4,064 crores (from ₹4,465 cr in FY24), EBITDA at ₹507 crores (vs ₹682 cr), and PAT at ₹173 crores (vs ₹338 cr). Q4 FY25 was particularly poor with revenue of ₹800.72 crores, a negative EBITDA of ₹22.33 crores, and a loss of ₹83.30 crores, hurt by weak optical fiber cable demand, margin pressure from new telecom products, and slower EPC offtake. The order book stood strong at ₹9,967 crores as of March 31, 2025, up from ₹7,685 crores a year earlier. Management guided 25-30% revenue growth for FY26 with optical fiber cable revenue expected to nearly double, backed by full capacity utilization from Q1 FY26 for optical fiber and July 2025 for OFC. The company plans ₹138 crores capex for fiber optic cable expansion and ~₹50 crores for defense, and highlighted new defense orders, DRDO technology licensing agreements, ₹800 cr router order wins, and a new Hosur defense facility.
Despite a weak Q4, the strong order book, capacity ramp-up, and management's 25-30% FY26 revenue growth guidance along with margin stability at FY24 levels should support investor confidence. Near-term stock reaction may be mixed as Q4 results were disappointing, but the recovery narrative in optical fiber cable and defense diversification offers medium-term upside.