HFCL Ltd Share Price – NSE  / BSE

Telecom Equipment & Infra Services, Small Cap

The board of HFCL at its meeting held on 14 May 2026 has approved the establishment of a defence manufacturing facility for manufacture of Multi-Mode Hand Grenade (MMHG) and similar other products in Sri Satya Sai District of the State of Andhra Pradesh (Defence Facility) at a total initial capital outlay of Rs 230 crore.

This initiative forms part of HFCL's long-term strategic expansion into high-value defence manufacturing, aligned with India's national objective of achieving self-reliance (Aatmanirbharta) in defence production.

According to the company?s regulatory filing, the orders are scheduled to be executed by August 2026. However, the names of the customers were not disclosed.

The total contract comprises two separate international orders. The first order is valued at approximately $11.43 million (around Rs 108.80 crore), while the second order is worth $7.89 million (around Rs 75.15 crore).

The company stated that the orders reaffirm customer confidence in its manufacturing capabilities, technological expertise, and product quality.

HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC).

On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026.

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HFCL has received export orders valued at USD 19.32 million (equivalent to Rs 183.95 crore) for the supply of optical fiber cables from renowned international customers.

The orders have been received from a leading domestic telecom operator and will be executed by August 2026. The company said the contract involves the supply of optical fiber cables as per customer specifications.

HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC).

On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026.

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