HFCL Limited — Q1FY27 earnings call summary

Filed 29 July 2026 · Official transcript

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