HFCL Limited held an earnings conference call on July 22, 2026, to discuss its un-audited financial results for the first quarter ended June 30, 2026 (Q1 FY27). The call was hosted by Nuvama Institutional Equities and followed the board meeting held on the same day where results were approved.

Event Type & Purpose: The conference call was an earnings call specifically organized to discuss Q1 FY27 financial results, business performance, and growth outlook. The management provided detailed operational updates and forward-looking guidance.

Management Participants: The call featured:

  • Mr. Mahendra Nahata, Promoter and Managing Director
  • Mr. V.R. Jain, Chief Financial Officer
  • Mr. Manoj Baid, President & Company Secretary
  • Mr. Amit Agarwal, Head, Investor Relations
  • Moderated by Mr. Achal Lohade from Nuvama Institutional Equities

Financial Highlights Discussed:

  • Revenue: ₹1,914.98 crore in Q1 FY27 vs ₹871.02 crore in Q1 FY26 (120% growth)
  • EBITDA: ₹445.27 crore in Q1 FY27 vs ₹42.93 crore in Q1 FY26 (10x growth)
  • EBITDA Margin: 23.25% in Q1 FY27 vs 4.93% in Q1 FY26
  • PAT: ₹245.64 crore in Q1 FY27 vs ₹(29.30) crore in Q1 FY26
  • PAT Margin: 12.83% in Q1 FY27 vs (3.36%) in Q1 FY26
  • Export Revenue: ₹1,063 crore (55% of total revenue)
  • Segment Revenue: Telecom products contributed 85% of total revenue

Strategic Updates & Guidance:

  • Raised FY27 revenue growth guidance to 40%+ (from previous 20% guidance)
  • Order book reached record ₹26,665 crore (5x FY26 revenue)
  • Defence revenue target of ₹500 crore for FY27, aiming for ₹3,000 crore by FY28-29
  • Data center connectivity business expected to generate ₹700-800 crore revenue in FY27

Capacity Expansion Plans:

  • Optical fiber capacity expansion from 28M to 34M fkm by December 2026
  • Optical fiber cable capacity expansion from 34M to 43M fkm
  • Preform manufacturing facility (300 MT) with ₹580 crore investment approved
  • ₹215 crore investment approved for data center connectivity products expansion
  • Data center connectivity capacity being expanded 5x including subsidiary HTL Limited

Compliance Statement: The company indicated that the transcript of the conference call was being submitted as a regulatory disclosure under SEBI LODR Regulations. The transcript was made available on the company's website at https://www.hfcl.com/.

Additional Notes Section

The document includes the complete transcript of the earnings conference call containing management presentation and Q&A session with analysts. The transcript was submitted as an enclosure to the stock exchanges. No unpublished price sensitive information was indicated to have been shared during the call. The document contains extensive financial data and operational updates as presented during the earnings call.