HFCL

HFCL delivered a record Q4 FY26 with revenue of ₹1,824 CrCurrent reported value: ₹1,824 Cr. No comparable prior figure is available in the source record. (up 128% YoY) and EBITDA of ₹337 CrCurrent reported value: ₹337 Cr. No comparable prior figure is available in the source record. (18.5Current reported value: 18.5. No comparable prior figure is available in the source record.% margin vs -2.8% a year ago), driven by strong OFC demand from hyperscalers, a shift to high-margin products, and export growth (41% of revenue vs 12% last year). The order book hit an all-time high of ₹21,200 CrCurrent ₹21,200 Cr. Reported change: +?% YoY., including a landmark $1.1B global OFC contract. Management guided for 20-25% revenue growth and 3-4% margin expansion in FY27, supported by capacity additions, data center interconnect solutions (₹400 Cr revenue expected), and defense scaling. Key risk: any sharp reversal in fiber pricing or geopolitical disruption could pressure margins.