Optical Fiber Manufacturer Bags Rs 1,366 Crore Order from Domestic Entity

On Wednesday, Indian markets opened on a strong note, with the Nifty 50 surging 3.70 per cent to trade at 23,980.00 as of 10:30 AM, supported by improved global sentiment following a temporary two-week ceasefire between the U.S. and Iran.

Amid this, HFCL shares were trading at Rs 75.24, up 3.58 per cent from the previous close of Rs 71.72 at 10:30 AM, following the company’s announcement that its subsidiary HTL secured orders worth approximately Rs 1,366 crore for the supply of optical fiber cables

HTL Secures Rs 1,366 Crore OFC Orders from Tier-1 Domestic Client; Execution by December 2026

HTL Limited, the optical fiber cable manufacturing arm and a material subsidiary of HFCL =, has secured orders worth approximately Rs 1,366 crore (including GST) from a reputed Tier-1 domestic customer, as per its regulatory filing.

The contracts, awarded under general contract conditions, involve the supply of optical fiber cables (OFC) as per customer specifications and are scheduled for execution by December 2026. The company stated that the orders were received in the normal course of business.

HFCL highlighted that the order win resulted in continued customer confidence in its manufacturing capabilities, technological expertise, and product quality. The awarding entity is domestic in nature, and the company clarified that neither its promoter nor promoter group has any interest in the awarding entity, and the transaction does not qualify as a related party transaction.

Previous Order Win and Capacity Expansion Initiatives

HFCL had earlier announced a capacity expansion initiative, with its Board approving the setting up of a preform manufacturing facility through its wholly owned subsidiary, HFCL Technologies Private Limited. The proposed facility will have a capacity of around 300-310 metric tonnes per annum, with an estimated capital expenditure of approximately Rs 580 crore.

About HFCL

HFCL Limited is an India-based technology company engaged in the design, development, and manufacturing of telecommunications equipment and optical fiber products. The company provides end-to-end solutions across telecom infrastructure, including optical fiber cables, network equipment, and communication systems.

Through its subsidiary HTL Limited, HFCL manufactures optical fiber cables and supports large-scale telecom and digital infrastructure projects. The company serves telecom operators, enterprises, and government clients, contributing to the expansion of broadband and connectivity networks in India and globally. HFCL continues to focus on innovation-driven growth, with capabilities spanning 5G, fiber optics, and network solutions, positioning itself as a key player in India’s digital infrastructure ecosystem.

Share your thoughts in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.