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Earnings Call Transcript

HFCL Earnings Call Transcript: Key Takeaways

HFCL reported stellar Q1FY27 performance with record revenue of ₹1,914.98 Cr and 23.25% EBITDA margins. Growth is driven by hyperscale data centers, exports, and defense indigenous technology.

Why this was an Alfa AlertEBITDA Margin beat own guidance: guided None–20, achieved 23.25 (+16.2% above upper end, mgmt confirmed).
Guidance and delivery
Revenue guidance 20.0% → 40.0% Raised by 20.0 percentage points
Management target Revenue 40.0% FY27
Highlights
Revenue growthRaised to 40%+ YoY for FY27.
MarginsSustainable 23%+ EBITDA margins due to technology-led product mix.
Order bookAll-time high at ₹26,665 Cr, 5x FY26 revenue.
Demand visibilityForesee at least 5 years of strong demand pipeline.
Management confidenceExtremely high, citing structural enhancement and strong demand visibility.

Growth

Revenue grew 119% YoY to ₹1,914.98 Cr; EBITDA jumped over 10-fold to ₹445.27 Cr; PAT stood at ₹245.64 Cr.

Outlook

Revenue growth guidance raised to 40%+. Total FY27-28 capex ~₹1,255 Cr. Defense revenue target ₹500 Cr for FY27.

Risks

Potential geopolitical disruptions to supply chains; fluctuations in raw material/preform prices; execution timelines for large defense projects.

Source

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

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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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Value
₹670.0 Cr
Execution
by October 2028
optical fibre/OFC/preform manufacturing capacity
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HFCL Capacity Expansion: ₹150 Cr Investment

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Value
₹150.0 Cr
Execution
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Optical Fiber Cable manufacturing capacity
5.64 Mn fkm/p.a
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Value
₹1,500 Cr
Execution
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optical fiber & cable manufacturing capacity (proposed addition)
10.24 Mn fkm/p.a