Date: September 5, 2026

Business Activities

Details of business activities (accounting for 90% of turnover):

  • Telecom Products Manufacturing (optical fiber, optical fiber cables, telecom and networking products): 56.61%
  • Turnkey Contract and Services (Engineering, Procurement and Construction): 43.37%

Product/Services sold (accounting for 90% of turnover):

  • Optical Fiber Cables (NIC 27310): 46.17%
  • Telecom Products/Equipment (NIC 26104): 10.44%
  • Turnkey Contracts and Services (NIC 42202): 43.37%

Operations

Number of locations:

  • National: 84 locations (4 plants + 80 offices)
  • International: 11 offices (including subsidiaries)

Markets Served:

  • Exports contribution: 41% of total consolidated turnover
  • Export destinations: Over 60 countries including Germany, France, USA, UK, UAE, and others

Customer Types:

1. Business-to-Business (B2B): Telecom operators, OEMs, turnkey project companies

2. Business-to-Emerging Corporate Accounts (B2ECA): ISPs and system integrators

3. Business-to-Government (B2G): Defence organisations, PSUs, Indian Railways

Employees and Workforce

Details as at end of FY 2025-26:

  • Total Employees: 2,136 (Permanent: 1,641, Other than Permanent: 495)
  • Male: 2,012 (94%), Female: 124 (6%)
  • Total Workers: 1,337 (Permanent: 179, Other than Permanent: 1,158)
  • Male: 1,176 (88%), Female: 161 (12%)

Differently abled:

  • Employees: 1 permanent male employee
  • Workers: None

Gender Representation:

  • Board of Directors: 6 total, 1 female (17%)
  • Key Management Personnel: 2 total, 0 female (0%)

Turnover Rates (past 3 years):

  • Permanent Employees: FY26: 24%, FY25: 24%, FY24: 11%
  • Permanent Workers: FY26: 8%, FY25: 9%, FY24: 9%

Subsidiaries and Associates

List of entities (15 total):

  • Subsidiaries: HTL Limited (74%), Raddef Private Limited (90%), Moneta Finance Private Limited (100%), HFCL Advance Systems Private Limited (100%), Polixel Security Systems Private Limited (100%), DragonWave HFCL India Private Limited (100%), HFCL Technologies Private Limited (100%), HFCL B.V. Netherlands (100%), HFCL Inc. USA (100%), HFCL Canada Inc. (100%), HFCL UK Limited (100%)
  • Associates: Nimpaa Telecommunications Private Limited (50%), BigCat Wireless Private Limited (50%)
  • Note: HFCL Poland Sp. z.o.o. and HFCL Pty Limited were voluntarily liquidated during FY26

CSR Details

  • CSR Applicable: Yes
  • Turnover: ₹4,527.54 Crore
  • Net Worth: ₹4,727.44 Crore

Complaints/Grievances

FY 2025-26 complaints:

  • Investors/Shareholders: 5 complaints, all resolved
  • Customers: 11 complaints, all resolved
  • Employees/Workers: No complaints
  • Value Chain Partners: No complaints

Material Responsible Business Conduct Issues

Identified 8 material issues:

1. Innovation Management (Opportunity, Positive)

2. Data Privacy and Cyber Security (Risk and Opportunity, Negative)

3. Employee Growth, Training, and Learning & Development (Opportunity, Positive)

4. Climate Change (Risk, Negative)

5. Sustainable Supply Chain (Risk and Opportunity, Positive)

6. Occupational Health and Safety (Risk and Opportunity, Negative)

7. Waste Management (Risk and Opportunity, Positive)

8. Diversity and Inclusion (Opportunity, Positive)

Management Systems and Certifications

Certifications held:

  • ISO 9001:2015 (Quality Management)
  • TL9000 R6.3/R5.7(H) (Telecom Quality Management)
  • ISO 10002:2018 (Complaint Management)
  • ISO 14001:2015 (Environmental Management)
  • ISO 45001:2018 (Occupational Health & Safety)
  • ISO/IEC 27001:2013/2022 (Information Security)
  • ISO/IEC 27701:2019 (Privacy Information Management)
  • ISO/IEC 20000-1:2018 (IT Service Management)
  • ISO/IEC 17025:2017 (Testing Laboratory Competence)
  • ISO 22301:2019 (Business Continuity Management)
  • CMMI Maturity Level 5 (Software Development)

Environmental Performance

Energy Consumption (FY 2025-26):

  • Total Energy: 179,487 GJ
  • Renewable: 11,636 GJ (6.5%)
  • Non-Renewable: 167,851 GJ (93.5%)
  • Energy Intensity: 0.0000040 GJ/INR turnover

Water Management:

  • Total Water Withdrawal: 169,615 kL
  • Total Water Consumption: 134,474 kL
  • Water Intensity: 0.0000030 kL/INR turnover
  • Zero Liquid Discharge implemented at all manufacturing facilities

GHG Emissions:

  • Scope 1: 34,405 MTCO2e
  • Scope 2: To be calculated
  • Emission Intensity: 0.00000086 MTCO2e/INR turnover

Waste Management:

  • Total Waste Generated: 1,884 metric tonnes
  • Plastic Waste: 672 MT
  • Hazardous Waste: 307 MT
  • Non-Hazardous Waste: 875 MT
  • Waste Recycled/Reused: 1,800 MT (95.5%)
  • Waste Disposed: 85 MT (4.5%)

Assurance and Compliance

  • Assurance Provider: Bureau Veritas (India) Private Limited
  • Type of Assurance: Reasonable Assurance on BRSR Core
  • Compliance Status: Fully compliant with all applicable environmental laws and regulations
  • No fines/penalties paid in proceedings with regulators/law enforcement agencies