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Order Wins · Telecom - Infrastructure · Large cap

HFCL bags ₹495.80 crore export order for data centre connectivity

The order from an international customer is for optical fibre cable and data centre products, execution by December 2026. It represents roughly 10% of HFCL's annual revenue.

4 earlier stories on HFCL Ltd.
Mkt cap₹32,908 cr
P/E105.56×
ROE4.25%
Debt / eq.0.37
Div yld0.10%
₹495.80 crore Export order value, about 10% of annual revenue

What's new

  • HFCL won an export order worth ~₹495.8 cr for optical fibre cable-based data centre connectivity solutions.
  • Order secured through its overseas wholly owned subsidiary from a renowned international customer.
  • Execution is scheduled for completion by December 2026.

Why this matters

At roughly 10% of trailing annual revenue, this is a material win that diversifies HFCL's revenue away from domestic BharatNet orders. It validates the company's manufacturing capabilities and strengthens its position in the fast-growing global data centre connectivity market.

What we're watching

  • Whether HFCL can sustain the export momentum with more such wins.
  • Impact on margins: these international orders may carry better pricing than domestic contracts.
  • Any further orders under the same customer relationship.

The full read

HFCL just landed a ₹495.80 crore export order. It is for optical fibre cable-based data centre connectivity solutions, secured through an overseas subsidiary from a renowned international customer. The contract, which accounts for roughly 10% of annual revenue, runs through December 2026 — giving the company clear revenue visibility for the next two years. While not as large as the ₹2,666 crore BharatNet order announced last month, this win diversifies HFCL's revenue base and signals growing global traction. The company's trailing revenue growth of 127.8% and net profit jump of 325.3% already reflect strong momentum. This order only strengthens the export-led growth story.

Questions answered

How does this order compare to HFCL's largest recent order?
This export order of ₹495.80 cr is smaller than the ₹2,666 cr BharatNet Phase-III order from RVNL announced in June 2026, but it diversifies the revenue mix and adds international credibility.
What is the execution timeline for this order?
The order is scheduled to be completed by December 2026, providing near-term revenue visibility over the next two years.
Who is the customer for this order?
The order is from a 'renowned international customer,' but the company has not disclosed the specific name. It was secured through HFCL's overseas wholly owned material subsidiary.
What products are being supplied under this contract?
HFCL will supply optical fibre cable and associated data centre connectivity products as per the client's specifications.
Does this order involve any related-party interest?
No, the company has stated that the order is in the normal course of business and does not involve any related-party interest.
Mentioned: HFCL · ₹495.80 cr export order · data centre connectivity
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

HFCL Ltd.

Infrastructure
₹32,893 cr
P/E 105.51×

Latest quarter · Mar 2026

Sales₹1,824 cr
Net profit₹185 cr
Op. margin+17.3%
EPS₹1.17

Strength & growth

Debt / equity0.37×
Current ratio1.86×
Sales CAGR+6.4%
EPS CAGR+5.5%
Financials via Tijori — a research aid, not investment advice.HFCL on Tijori

Story so far

All notes on HFCL →
  1. 10 Jul 2026 · 8:35 AM IST HFCL bags ₹495.80 crore export order for data centre connectivity
  2. 7d ago HTL's rating upgrade is positive, but small for HFCL
  3. 22d ago HFCL lands ₹2,666 cr BharatNet order from RVNL, second this year
  4. 36d ago HFCL rolls all defence units into one subsidiary, lands ₹1,890 cr export book
  5. 44d ago HFCL lands ₹135 cr maintenance contract from RailTel