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HFCL

Q2 FY27Telecom - Services

HFCL Q2 FY27: Revenue ₹2,541.79 Cr, PAT ₹394.22 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹256
Market cap₹39.2K Cr
P/E68.4
Updated19 Oct 2026
Read4 min read

Based on HFCL's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Revenue from Operations for Q2FY27: ₹2,541.79 crore - Year-on-Year (Y-O-Y) growth in revenue: 143.62% (Q2FY26 revenue was ₹1,043.34 crore) - 3-month Average Daily Trading Volume (3M ADTV): 19,026, Q2FY27 Financials: - EBITDA: ₹658.00 crore (up 223.55% YoY from ₹203.37 crore in Q2FY26) - EBITDA Margin: 25.89% (up 640 bps YoY from 19.49% in Q2FY26) - Profit After Tax (PAT): ₹394.22 crore

From HFCL's Q2 FY27 earnings-call transcript · updated 19 Oct 2026.

Revenue & Sales Performance

  • Revenue from Operations for Q2FY27: ₹2,541.79 crore
  • Year-on-Year (Y-O-Y) growth in revenue: 143.62% (Q2FY26 revenue was ₹1,043.34 crore)
  • 3-month Average Daily Trading Volume (3M ADTV): 19,026,590 shares
  • Market Cap as of September 30, 2026: ₹34,691.10 crore
  • Explicit revenue outlook:
  • At least 80% revenue growth expected in FY27 over FY26
  • ₹10,000 crore revenue aspiration targeted much earlier than FY29 (originally envisaged)
  • Order book: ₹28,911 crore providing multi-year revenue visibility

2 more points from HFCL's call on revenue

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Profitability & Margins

See what HFCL said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Optical Fiber (OF) capacity expanding to 43.1 million fiber kilometers per annum by July 2028 (current: 28 million fkm/annum).
  • Optical Fiber Cable (OFC) capacity expanding to 62 million fiber kilometers per annum by July 2028 (current: 39 million fkm/annum).
  • Preform manufacturing capacity to increase to 600 MT per annum by October 2028.
  • Capital expenditure for preform expansion: ₹1,250 crore.
  • Additional planned investment of approximately ₹1,800 crore in optical fiber, cable, and preform manufacturing to expand capacity and deepen integration.

2 more points from HFCL's call on capex

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Top-ranked in Telecom - Services

Ranked on what management guided this quarter

Guidance-ranked
1Pace Digitek Ltd
Rev 1Mar 3
2Bondada Engineer
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what HFCL said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation reports the following regarding order book and related metrics: - Strong, diversified order book of more than ₹28,900 crore providing multi-year revenue visibility across Telecom, Defence, and Connectivity solutions (Page 20). - Order book values increased from ₹21,206 crore in Q4FY26 to ₹28,911 crore in Q2FY27 (Page 11). - 64% of the total order book comes from Optical Fiber Cable (OFC) / Data Center Interconnect (DCI) segments. - 57% of the total order book comes from export markets (Page 11).

2 more points from HFCL's call on order book

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HFCL — Quarterly revenue & net profit

Revenue Net profit Net loss
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.5K Cr, net profit ₹394 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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    The Digital Portfolio's path toward breakeven is shown with digital margins improving from -9.7% in FY25 to -3.6% in Q2FY27, but no absolute revenue or volume…

  • Pace Digitek Ltd (Q2 FY27)

    ₹2,439 Cr revenue in FY2026 (Page 3) . Key investor presentation takeaways from Pace Digitek Ltd's Q2 FY27 investor presentation — and how it ranks against sect

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Frequently Asked Questions

What were HFCL Q2 FY27 results?

Revenue from Operations for Q2FY27: ₹2,541.79 crore - Year-on-Year (Y-O-Y) growth in revenue: 143.62% (Q2FY26 revenue was ₹1,043.34 crore) - 3-month Average Daily Trading Volume (3M ADTV): 19,026, Q2FY27 Financials: - EBITDA: ₹658.00 crore (up 223.55% YoY from ₹203.37 crore in Q2FY26) - EBITDA Margin: 25.89% (up 640 bps YoY from 19.49% in Q2FY26) - Profit After Tax (PAT): ₹394.22 crore

What is HFCL share price analysis?

HFCL currently shows a neutral. The stock trades at a P/E of 68.4 with a market cap of ₹39,185 Cr. Investors should review the full earnings analysis for detailed insights.

Is HFCL planning capital expenditure?

Optical Fiber (OF) capacity expanding to 43.1 million fiber kilometers per annum by July 2028 (current: 28 million fkm/annum).

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.