HFCL Share Price Jumps 7% in the Past Week; Company Secures Billion-Dollar Deal
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HFCL signs its first long-term, multi-year high-fibre-count optical fibre cable supply agreement, boosting its global market position and growth outlook.
✨ AI Powered Summary
Under the agreement, the company will supply high-quality, high-fibre-count optical fibre cables. The supplies will be executed through its wholly owned overseas subsidiary. This is the first time the company has signed a long-term, multi-year OFC supply agreement of this scale.
Agreement Details
- Under the contract, the company will supply a minimum quantity of multi-million fibre kilometres (fkm) of OFC each year. The supply period will run from 2026 to 2028 and will automatically extend for two additional years, covering 2029 and 2030.
- Purchase orders will be released periodically during the contract period. These will depend on project-wise and specification-wise requirements.
- In addition, HFCL’s wholly owned subsidiary will be eligible to supply OFC to the customer’s assignees and authorised affiliates.
The contract is expected to be executed by December 2030.
Why Is This Strategically Important?
Only a limited number of manufacturers globally have the technology, precision and scale required to produce such complex optical fibre cable products. This agreement therefore strengthens HFCL’s competitive position in the global OFC market and supports the company’s long-term growth outlook.
Q3 2025-26 Earnings (Consolidated)
The company reported revenue of Rs 1,210.79 crore in Q3 2025-26, compared with Rs 1,043.34 crore in Q2 2025-26 and Rs 1,011.95 crore in Q3 2024-25.
EBITDA stood at Rs 243.52 crore, compared with Rs 203.37 crore in Q2 2025-26 and Rs 171.89 crore in Q3 2024-25. The EBITDA margin was 20.11 per cent.
Profit after Tax (PAT) stood at Rs 102.37 crore, compared with Rs 71.92 crore in Q2 2025-26 and Rs 72.58 crore in Q3 2024-25. The PAT margin was 8.45 per cent.
HFCL is a leading player in the telecom, Defence and enterprise connectivity ecosystems. The company is at the forefront of India’s telecom and digital infrastructure expansion, supporting 5G roll-outs and fibre connectivity.
HFCL Share Price Movement
HFCL shares traded higher in early market hours on 13 March 2026. The stock was trading at Rs 75.06, up Rs 0.59 or 0.79 per cent from its previous close of Rs 74.47.
The stock opened at Rs 76.00. During the session, it touched an Intraday high of Rs 77.20 and a low of Rs 73.52.
In the past one week, the stock has delivered a return of 7.57 per cent, indicating renewed buying interest. On a year-to-date (YTD) basis, the stock has gained 8.69 per cent.
However, the one-year performance remains negative, with the stock declining 3.40 per cent over the past 12 months.
Disclaimer: The article is for informational purposes only and not investment advice.