HFCL Q2 Outcomes: Revenue zooms 448% YoY to Rs 394 crore; inventory hits 5% higher circuit
HFCL inventory hit a 5% higher circuit to Rs 268.70 on the BSE. The inventory is up practically 300% this yr.
The firm’s income from operations got here in at Rs 2,542 crore, larger by 144% from Rs 1,043 crore posted within the year-ago interval, the corporate stated in a regulatory submitting. Sequentially, income improved 33%.
EBITDA surged 223.55% YoY and 47.78% QoQ to Rs 658 crore, whereas the EBITDA margin expanded 640 bps YoY and 264 bps QoQ to 25.89%.
The order ebook exceeds Rs 28,900 crore, with a robust pipeline offering income visibility for six to seven years and past. The firm expects FY27 income to develop by a minimum of 80% over FY26, pushed by current commerce visibility and powerful momentum.
The firm plans to take a position round Rs 1,800 crore in optical fibre, cable and preform manufacturing to develop capability and deepen integration. Its defence and aerospace commerce stays on monitor to attain its FY27 income goal of round Rs 500 crore.
HFCL Managing Director Mahendra Nahata stated the corporate delivered its best-ever quarterly efficiency, reflecting the rising scale and momentum of its commerce. He stated the order ebook of over Rs 28,900 crore gives multi-year income visibility, with a robust pipeline of orders at superior levels.Demand is accelerating throughout AI roads, hyperscale knowledge centres and telecom networks, whereas alternatives with cross-border hyperscalers and telecom operators are more and more changing into agency contracts. Based on present commerce visibility, HFCL expects FY27 income to develop by a minimum of 80% over FY26.
Nahata stated the defence and aerospace commerce is predicted to grow to be a key development driver for HFCL, with a portfolio spanning thermal weapon sights, digital fuzes, surveillance radars, multi-mode hand grenades and aerostructures. The acquisition of the aerospace commerce is predicted to be accomplished within the present quarter, strengthening the corporate’s capabilities within the sector. HFCL stays on monitor to attain defence income of round Rs 500 crore in FY27.
He added that optical fibre cables and connectivity options, telecom, and defence and aerospace will kind the important thing pillars of HFCL’s development technique. Together, these companies are anticipated to diversify income streams, strengthen resilience and help sustainable development in income and profitability over the approaching years.
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