HFCL Secures ₹84.23 Crore OFC Supply Order from Private Telecom Operator

HFCL , along with its material subsidiary HTL Limited, has secured purchase orders worth ~₹84.23 crore for the supply of Optical Fiber Cables (OFC) from one of India's leading private domestic telecom operators. The orders were received in the normal course of business and disclosed to stock exchanges on May 04, 2026, under applicable SEBI regulations.

Order Details

The following key parameters have been disclosed regarding this order:

Parameter:	Details
Order Value:	~₹84.23 crore (including applicable GST)
Nature of Order:	Supply of Optical Fiber Cables as per customer specifications
Client Type:	Domestic Telecom Service Provider
Order Origin:	Domestic
Execution Timeline:	By August 2026
Contract Conditions:	General Contract Conditions
Related Party Transaction:	No
Promoter/Group Interest in Client:	No

Strategic Significance

The order win underscores the continued trust that customers place in HFCL's manufacturing capabilities, technological excellence, and product quality. The company noted that these significant orders reaffirm its standing as a reliable supplier in the domestic telecom infrastructure space. The involvement of HTL Limited, a material subsidiary of HFCL, further highlights the group's integrated approach to fulfilling large-scale OFC supply requirements.

The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and was signed off by Manoj Baid, President & Company Secretary of HFCL Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+9.85%	+31.91%	+97.24%	+83.79%	+75.53%	+329.97%

HFCL Limited 's Board of Directors approved the audited financial results for FY26 on April 30, 2026, reporting the company's strongest-ever annual performance with consolidated revenue growth of 21.77% and significant margin expansion. The Board meeting, held from 12:10 PM to 12:45 PM, also saw the formation of a Strategic Restructuring Committee to evaluate business realignment options across multiple verticals.

Record Financial Performance Approved

The Board approved audited financial results showing consolidated revenue of ₹4,949.27 crore in FY26, up from ₹4,064.52 crore in FY25. Profit after tax increased dramatically to ₹329.44 crore from ₹173.26 crore in FY25, representing growth of 90.14%. The company's EBITDA expanded to ₹826.75 crore with margin improvement to 16.70% from 12.47% in the previous year.

Key Metrics:	FY26 (₹ crore)	FY25 (₹ crore)	Growth (%)
Consolidated Revenue:	4,949.27	4,064.52	21.77%
EBITDA:	826.75	506.75	63.15%
EBITDA Margin:	16.70%	12.47%	423 bps
Profit After Tax:	329.44	173.26	90.14%

Outstanding Q4 Performance

The fourth quarter demonstrated exceptional improvement with revenue reaching ₹1,824.12 crore compared to ₹800.72 crore in Q4FY25, marking 127.81% year-on-year growth. EBITDA turned positive at ₹336.93 crore versus a loss of ₹22.33 crore in the corresponding previous quarter, with EBITDA margin reaching 18.47%.

Q4 Performance:	Q4FY26	Q4FY25	Change
Revenue (₹ crore):	1,824.12	800.72	127.81%
EBITDA (₹ crore):	336.93	(22.33)	Turnaround
EBITDA Margin:	18.47%	-2.79%	2126 bps
Net Profit (₹ crore):	184.45	(83.30)	Profitable

Strategic Restructuring Committee Formation

The Board constituted a Strategic Restructuring Committee to evaluate various strategic options for business and structural realignment across the company's multiple business verticals including Telecom, Defence, and Engineering, Procurement and Construction (EPC). The committee will examine options including demerger, business transfer, slump sale, consolidation, divestment, or any other form of corporate restructuring.

Committee Details:	Information
Chairperson:	Mr. Mahendra Nahata, Managing Director
Members:	Mr. Ajai Kumar (Independent Director), Mr. Arvind Kharabanda (Non-Executive Director), Mr. V.R. Jain (CFO), Mr. Manoj Baid (President & Company Secretary)
Purpose:	Evaluate strategic options for business realignment
Scope:	Demerger, business transfer, slump sale, consolidation, divestment

Dividend Recommendation and Order Book Growth

The Board recommended a dividend of 20%, or Re. 0.20 per equity share of face value Re. 1 each, subject to shareholder approval at the ensuing Annual General Meeting. The order book grew phenomenally to ₹21,206 crore, the highest ever, compared to ₹9,967 crore in FY25, providing strong multi-year revenue visibility. Export revenue increased significantly to ₹2,047 crore, representing 41% of total revenue in FY26.

Business Highlights:	FY26	FY25
Order Book (₹ crore):	21,206	9,967
Export Revenue (₹ crore):	2,047	497
Export Share of Revenue:	41%	12%
Recommended Dividend:	20% (Re. 0.20 per share)	-

Regulatory Compliance and Publication

The audited financial results received unmodified audit opinions from the company's statutory auditors, M/s S. Bhandari & Co. LLP and M/s Oswal Sunil & Company, Chartered Accountants, for both standalone and consolidated basis. An earnings call has been scheduled for April 30, 2026 at 4:30 PM to discuss the audited financial results in compliance with SEBI Listing Regulations.

Following the Board approval on April 30, 2026, the company published its audited financial results in newspapers on May 1, 2026, in compliance with Regulation 30 and 47 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results were published in Financial Express (All Editions) in English, Divya Himachal (Shimla) in Hindi, and Jansatta (Chandigarh) in Hindi.

Regulatory Compliance:	Details
Audit Opinion:	Unmodified (both auditors)
Earnings Call Date:	April 30, 2026
Earnings Call Time:	4:30 PM
Publication Date:	May 1, 2026
Newspapers:	Financial Express, Divya Himachal, Jansatta

The company continues to strengthen its capabilities in the defence sector with a portfolio including Thermal Weapon Sights, Electronic Fuzes, Radars, and Multi Mode Hand Grenades, while maintaining its leadership position in telecom infrastructure and optical fiber solutions.