HFCL reported a strong Q3 FY26 with revenue up 19.65% year-over-year to ₹1210.79 crore. The company’s performance was driven by strong export momentum and an improving revenue mix, with product revenues comprising 60% of total revenues. The company’s order book remains robust at ₹11,125 crore, providing strong long-term visibility.
Financial Performance in Q3 FY26
HFCL Limited reported a revenue of ₹1210.79 crore in Q3 FY26, a 19.65% increase compared to ₹1011.95 crore in Q3 FY25. EBIDTA stood at ₹243.52 crore with a margin of 20.11%. Profit After Tax (PAT) was reported at ₹102.37 crore, a 41.04% increase year-over-year.
Key Growth Drivers
Several factors contributed to HFCL’s strong performance:
- Exports: Exports accounted for 27% of revenues, a significant increase from 14% in Q3 FY25.
- Product Revenue: Increased to 60% of total revenues.
- Order Book: Strong order book at ₹11,125 crore.
Capacity Expansion and Technology Leadership
HFCL continues to expand its capacity and strengthen its technology leadership:
- Optical fiber capacity reached ~28 million fibre-kilometres.
- Optical fibre cable capacity reached 30.5 million fibre-kilometres.
Defence Business Expansion
HFCL is scaling its defence business, receiving multiple contracts across radars, electronic fuzes and electro-optic systems. The company entered the UAV night-vision camera segment and secured an order from a leading Indian UAV manufacturer.
Source: BSE
