HFCL Share Price Jumps 10% on Thursday; Here’s Why

The Indian equity markets traded under pressure on Thursday, with the Nifty 50 index declining by 0.50 per cent to 24,057.30 during the session. Despite the weakness in benchmark indices, stock-specific buying momentum remained strong in select telecom and technology counters. In this segment, HFCL Ltd remained sharply in focus after the company announced its audited Q4FY26 and FY26 consolidated financial results along with a Dividend recommendation. Following the earnings announcement, HFCL's share price surged 10.41 per cent to Rs 118.25 on Thursday.

HFCL Q4FY26 Results

HFCL reported consolidated revenue from operations of Rs 1,824.12 crore in Q4FY26 as against Rs 800.72 crore in Q4FY25, registering a sharp growth of 127.8 per cent YoY. Total income stood at Rs 1,846.38 crore compared to Rs 814.36 crore in the corresponding quarter last year, reflecting a growth of 126.7 per cent YoY.

EBITDA came in at Rs 336.93 crore in Q4FY26 as against an EBITDA loss of Rs 22.23 crore in Q4FY25, marking a strong operational turnaround. Profit before Tax stood at Rs 227.93 crore compared to a loss before tax of Rs 104.93 crore in the year-ago quarter.

Profit after tax surged to Rs 184.45 crore in Q4FY26 as against a net loss of Rs 83.30 crore reported in Q4FY25, while diluted earnings per share improved to Rs 1.21 from a negative Rs 0.56 in the corresponding quarter.

HFCL FY26 Annual Performance

For the financial year ended March 31, 2026, HFCL reported consolidated revenue from operations of Rs 4,949.27 crore as against Rs 4,064.52 crore in FY25, registering a growth of 21.8 per cent YoY.

EBITDA for FY26 stood at Rs 826.75 crore compared to Rs 506.75 crore in FY25, reflecting a growth of 63.2 per cent YoY, while EBITDA margin improved sharply to 16.70 per cent from 12.47 per cent.

Profit after tax stood at Rs 329.44 crore in FY26 as against Rs 173.26 crore in FY25, marking a strong growth of 90.1 per cent YoY. Diluted earnings per share improved to Rs 2.13 from Rs 1.23 in the previous financial year.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs 0.10 per equity share on face value of Re 1 each for FY26, subject to shareholders’ approval at the ensuing Annual General Meeting.

Order Book and Strategic Growth Visibility

HFCL reported a robust total order book of over Rs 21,200 crore as of FY26 end, providing multi-year revenue visibility across optical fibre cable, telecom networking, Defence equipment and EPC businesses. The company’s export revenue contribution also increased sharply to 41.36 per cent in FY26, while private sector business now contributes nearly 84 per cent of total revenues.

Management highlighted that HFCL is expanding optical fibre cable capacity to nearly 43 million fkm and optical fibre capacity to 33.9 million fkm, while also setting up a Rs 580 crore preform manufacturing facility and a large defence manufacturing complex in Andhra Pradesh to support long-term margin expansion and diversified growth.

About HFCL

HFCL Ltd is a leading Indian technology enterprise engaged in optical fibre cables, telecom networking products, defence electronics, broadband equipment and EPC telecom infrastructure projects. The company has a growing presence across more than 60 countries and serves over 80 marquee global customers.

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Disclaimer: This article is for informational purposes only and not investment advice.