HFCL Limited — Q1FY27 Earnings Call Summary

HFCL · Q1FY27 · Filed 29 Jul 2026

Key Takeaways

• Order book at 26665cr, 5x FY26 revenue, with 22000cr executable within 5 years
• Capex: 640cr in FY27 and 615cr in FY28 for fiber, preform, data center, and defence expansions
• Pricing stable internationally ($18-$28/fiber km); demand driven by AI, hyperscale data centers, and defence
• No quarter-on-quarter revenue decline expected; export revenue ~60% of total
• FY27 revenue growth guidance raised to 40%+ from 20% based on strong order inflows and execution
• Defence revenue target 500cr in FY27; long-term Defence & Aerospace business to reach 3000cr+ by FY29
• Optical fiber capacity expanding to 34m km by Dec 2026; cable capacity to 43m km; data center connectivity capacity expanding 5x
• Preform manufacturing to reduce raw material costs by ~10-12%, supporting margins
• Q1FY27 revenue 1915cr +120% y-y; EBITDA 445cr +937% y-y; EBITDA margin 23.25% vs 4.93%; PAT 246cr vs -29cr
• EBITDA margin structurally improved; telecom segment margins sustainable at ~30%

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.