HFCL Limited , a leading technology enterprise, has announced a significant boost to its international business with new export orders worth approximately USD 40.65 million (INR 358.38 crore). The orders, secured through its overseas wholly-owned subsidiary, are for supplying various types of optical fiber cables to an international customer.

Order Details

The contracts, which are to be executed by April 2026, involve the supply of optical fiber cables manufactured to customer specifications. This development underscores HFCL's growing presence in the global market and its capability to meet international standards in fiber optic technology.

Financial Impact

The sizeable order, equivalent to INR 358.38 crore, is expected to have a positive impact on HFCL's financial performance. It represents a significant portion of the company's export business and demonstrates the increasing global demand for HFCL's products.

Market Position

This latest achievement reinforces HFCL's position as a key player in the telecommunications infrastructure sector. The company's ability to secure international orders highlights its competitiveness in the global market and its reputation for quality and reliability.

Execution Timeline

With a delivery schedule extending to April 2026, these orders provide HFCL with a stable revenue stream for the coming years. The extended timeline also allows the company to plan its production and resource allocation effectively.

Company Statement

Manoj Baid, President & Company Secretary of HFCL Limited, stated, "These significant orders reaffirm the trust our international customers place in the Company's manufacturing capabilities and product quality."

Business Implications

1. Global Expansion: The orders signify HFCL's successful expansion into international markets, diversifying its customer base beyond domestic borders.
2. Product Validation: Securing orders from international clients validates the quality and competitiveness of HFCL's optical fiber cables in the global market.
3. Long-term Growth: The multi-year execution period of these orders provides HFCL with a foundation for sustained growth and stability in its export business.

Conclusion

HFCL's success in securing these substantial export orders demonstrates the company's growing international presence and its ability to compete effectively in the global optical fiber cable market. As the world continues to invest in digital infrastructure, HFCL appears well-positioned to capitalize on the increasing demand for high-quality optical fiber solutions.

Note: This article is based on the information provided in the company's official announcement and does not include any forward-looking statements or predictions about future performance.

HFCL Limited , a diversified technology company, has announced impressive financial results for the fourth quarter and full fiscal year ended March 31, 2021. The company's performance showcases robust growth across key financial metrics, underlining its strong market position in the telecom, defence, railways, and security sectors.

Q4 FY21 Highlights

HFCL Limited reported a remarkable performance in the fourth quarter of FY21:

• Consolidated total income surged to INR 13,979.00 million, representing a substantial year-over-year growth of 109.20%.
• EBITDA reached INR 1,878.00 million with improved margins of 13.50%, up 200 basis points.
• Profit After Tax (PAT) witnessed an extraordinary increase of 894.30%, reaching INR 865.00 million.
• PAT margins stood at a healthy 6.22%.

FY21 Full Year Performance

For the entire fiscal year 2021, HFCL Limited maintained its growth trajectory:

• Total income for FY21 stood at INR 44,591.00 million, marking a 15.50% growth compared to the previous year.
• EBITDA grew by 13.50% to INR 5,857.00 million, with margins of 13.24%.
• PAT increased by 3.80% to INR 2,463.00 million.

Operational Highlights

The company achieved several operational milestones during the period:

• Completed shipment of 1.5 lakh Wi-Fi units within the first year of production, demonstrating strong execution capabilities.
• Secured contracts for Kanpur Metro and Agra Metro Rail telecommunication systems, expanding its presence in the urban transportation sector.
• Maintained a robust order book of approximately INR 6,875.00 crore, indicating a strong pipeline for future growth.

Financial Strength

HFCL's financial position remains solid:

• Reported an impressive Return on Capital Employed (ROCE) of 19.80%.
• Maintained a healthy debt-to-equity ratio of 0.48x, reflecting a strong balance sheet.

Company Overview

HFCL Limited operates across multiple high-growth sectors including telecom, defence, railways, and security. With manufacturing facilities in various locations, the company has expanded its global footprint, exporting to over 30 countries.

The company's strong performance in Q4 and FY21, coupled with its diverse portfolio and healthy order book, positions HFCL Limited well for continued growth in the coming years. As the company continues to leverage its technological capabilities and expand its market presence, investors and industry observers will be keenly watching its future developments and performance.

All financial figures in INR million, unless otherwise stated