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Earnings Call

HFCL Earnings Call: Key Takeaways

HFCL delivered record performance in FY26, driven by high-margin product exports and data center solutions, transitioning to a product-led model with significant backward integration and aerospace defense acquisitions.

Why this was an Alfa AlertRevenue beat: Guided 20% growth for FY26 (approx. ₹4877cr upper end), achieved ₹4949cr. Guidance raised for FY27 to 20-25% growth.
Highlights
Revenue growth21.7% YoY growth in FY26; 20-25% expected for FY27.
Margins3-4% blended margin expansion expected in FY27 due to product-mix.
Order bookAll-time high of ₹21,200cr; 58% from exports.
Demand visibilityStrong multi-year visibility from hyperscalers and $1.1B OFC contract.
Management confidenceHigh; citing robust order book and structural transformation.

Growth

FY26 revenue grew 21.7% to ₹4949.27cr; PAT jumped 90.1% to ₹329.44cr. Q4FY26 PAT reached ₹184.45cr.

Outlook

FY27 revenue guidance of 20-25% growth with 3-4% EBITDA margin expansion. Capex of ₹600cr for FY27.

Risks

Geopolitical disruptions affecting global supply chains; execution risks in complex aerospace defense contracts; volatility in raw materials.

Source

Earnings Call filed with BSE, NSE: HFCL. Summary written with AI assistance from the document.

Read the document ↗

HFCL Ltd: key numbers

Share price
₹211.27
Market cap
₹32,337 Cr
Revenue (annual)
₹4,949 Cr
Net profit (annual)
₹311.7 Cr
P/E (TTM)
56.5×Sector 68.0×
Promoter holding
28.29%+0.00% QoQ
FII holding
15.74%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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