| Scrip Code | 500183 |
|---|---|
| NSE Symbol | HFCL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE548A01028 |
| Name of company | HFCL LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 22-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 17-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 22-07-2026 12:00:00 |
| End date and time of board meeting | 22-07-2026 13:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 2 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,60,780.00 | 1,60,780.00 | |
| Other income | 3,254.00 | 3,254.00 | |
| Total income | 1,64,034.00 | 1,64,034.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 72,517.00 | 72,517.00 |
| (b) | Purchases of stock-in-trade | 36,544.00 | 36,544.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (4,093.00) | (4,093.00) |
| (d) | Employee benefit expense | 11,080.00 | 11,080.00 |
| (e) | Finance costs | 5,321.00 | 5,321.00 |
| (f) | Depreciation, depletion and amortisation expense | 4,302.00 | 4,302.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 14,351.00 | 14,351.00 |
| Total other expenses | 14,351.00 | 14,351.00 | |
| Total expenses | 1,40,022.00 | 1,40,022.00 | |
| 3 | Total profit before exceptional items and tax | 24,012.00 | 24,012.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 24,012.00 | 24,012.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 6,527.00 | 6,527.00 |
| 8 | Deferred tax | (436.00) | (436.00) |
| 9 | Total tax expenses | 6,091.00 | 6,091.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 17,921.00 | 17,921.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 17,921.00 | 17,921.00 |
| 17 | Other comprehensive income net of taxes | 7,384.00 | 7,384.00 |
| 18 | Total Comprehensive Income for the period | 25,305.00 | 25,305.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 15,303.00 | 15,303.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 1.17 | 1.17 | |
| Diluted earnings (loss) per share from continuing operations | 1.17 | 1.17 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.17 | 1.17 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.17 | 1.17 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Telecom Products | 1,31,404.00 | 1,31,404.00 | ||||
| 2 | Defence Product & Services | 1,344.00 | 1,344.00 | ||||
| 3 | Turnkey Contract & Services | 28,032.00 | 28,032.00 | ||||
| 4 | Others | 0.00 | 0.00 | ||||
| Total Segment Revenue | 1,60,780.00 | 1,60,780.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 1,60,780.00 | 1,60,780.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Telecom Products | 38,165.00 | 38,165.00 | ||||
| 2 | Defence Product & Services | (587.00) | (587.00) | ||||
| 3 | Turnkey Contract & Services | (8,753.00) | (8,753.00) | ||||
| 4 | Others | 0.00 | 0.00 | ||||
| Total Profit before tax | 28,825.00 | 28,825.00 | |||||
| i. Finance cost | 5,321.00 | 5,321.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (508.00) | (508.00) | |||||
| Profit before tax | 24,012.00 | 24,012.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Telecom Products | 3,94,733.00 | 3,94,733.00 | ||||
| 2 | Defence Product & Services | 21,383.00 | 21,383.00 | ||||
| 3 | Turnkey Contract & Services | 3,56,780.00 | 3,56,780.00 | ||||
| 4 | Others | 0.00 | 0.00 | ||||
| Total Segment Asset | 7,72,896.00 | 7,72,896.00 | |||||
| Un-allocable Assets | 88,713.00 | 88,713.00 | |||||
| Net Segment Asset | 8,61,609.00 | 8,61,609.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Telecom Products | 1,15,224.00 | 1,15,224.00 | ||||
| 2 | Defence Product & Services | 4,713.00 | 4,713.00 | ||||
| 3 | Turnkey Contract & Services | 1,08,740.00 | 1,08,740.00 | ||||
| 4 | Others | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 2,28,677.00 | 2,28,677.00 | |||||
| Un-allocable Liabilities | 1,21,007.00 | 1,21,007.00 | |||||
| Net Segment Liabilities | 3,49,684.00 | 3,49,684.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | 7,424.00 | 7,424.00 |
| Total Amount of items that will not be reclassified to profit and loss | 7,424.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 69.00 | 69.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | 29.00 | 29.00 |
| Total Amount of items that will be reclassified to profit and loss | 29.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 7,384.00 | 7,384.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 25-05-2026 |
| Amount Raised | 55,500.00 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | Care Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | Not Applicable |
| Comments of the Audit Committee after review | Not Applicable |
| Comments of the auditors, if any | Not Applicable |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Capital expenditure towards Plant & Machinery and utilities for setting up of a preform manufacturing facility through our subsidiary namely HFCL Technologies Private Limited | NA | 17,500.00 | 0.00 | 0.00 | 0.00 | All amounts are Rupees in crores. |
| 2 | Capital expenditure for setting up of a defence manufacturing facility in the Company | NA | 5,000.00 | 0.00 | 0.00 | 0.00 | |
| 3 | Invest into equity shares of HFCL Advance Systems Private Limited, a subsidiary of the Company | NA | 9,000.00 | 0.00 | 0.00 | 0.00 | |
| 4 | Funding the working capital requirements of the Company including inventory and receivables management | NA | 14,000.00 | 0.00 | 4,875.00 | 0.00 | Funds utilised during the quarter Rs.48.75 crores |
| 5 | General corporate purposes, including, inter alia, strategic initiatives, setting up of new offices/ business development, providing loans to subsidiaries, marketing and branding, and meeting operational expenses of our Company such as salaries, rent, administrative costs, insurance, repairs and maintenance, and payment of taxes and duties | NA | 10,000.00 | 0.00 | 0.00 | 0.00 | *The total issue size is Rs.555 crore. As on June 30, 2026, the Company had received an amount of Rs.18.50 per warrant aggregating to Rs.138.75 Crore, which is equivalent to 25% of Warrant Exercise Price. Balance 75% i.e. Rs.416.25 Crore will be received as and when the conversion option is exercised by the warrant holder to convert warrants into equity shares during the tenure of 18 months of the warrant. |
| Mode of Fund Raising | QIP |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 24-12-2025 |
| Amount Raised | 55,000.00 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | Care Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | Not Applicable |
| Comments of the Audit Committee after review | Not Applicable |
| Comments of the auditors, if any | Not Applicable |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Capital expenditure towards purchase of Plant and Machinery: Expansion of Optical Fibre Cable | NA | 3,500.00 | 0.00 | 3,403.00 | 0.00 | All amounts are Rupees in crores. Funds utilised during the quarter Rs.28.01 crores |
| 2 | Funding expenditure towards Research and Development initiatives including acquisition of technologies | NA | 5,000.00 | 0.00 | 1,475.00 | 0.00 | Funds utilised during the quarter Rs.7.39 crores |
| 3 | Repayment/prepayment of long term / short term borrowings availed from banks / others | NA | 10,500.00 | 0.00 | 10,500.00 | 0.00 | |
| 4 | Funding long-term working capital requirements | NA | 26,000.00 | 0.00 | 26,000.00 | 0.00 | |
| 5 | General corporate purposes | NA | 9,300.00 | 0.00 | 9,300.00 | 0.00 | *The actual issue proceeds come to ~Rs.550 Crore and as per placement document, the expenses related to the issue were estimated at Rs.7 Crore. However, the actual expenses incurred as on June 30, 2026 are Rs.6.94 crore. The balance Rs.0.06 crore currently lying in the monitoring account. Accordingly, the net issue proceeds allocated towards various Objects is Rs.543 crore. |
| Name of signatory | MANOJ BAID |
| Designation of person | Company Secretary and Compliance Officer |
| Place | NEW DELHI |
| Date | 22-07-2026 |