Q1-FY24 · Mahendra Nahata
Our strategy of increasing our revenue from products have really well paid off, and that is very evident from the increase in the margins.
HFCL / language trends
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HFCL · tone and specificity signals across the available quarters.
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Q1-FY24 · Mahendra Nahata
We are only taking those projects where cash flow is good. If the cash flow is not good, we will not take any such project, even if it has got higher margins.
Q1-FY24 · Mahendra Nahata
Our aim is to among the top five Wi-Fi access points and unlicensed band radio players in the world over the next few years.
Q1-FY25 · Mahendra Nahata
We expect the revenue from this segment during financial year 2025 to reach approximately INR 2,000 crores from just INR 143 crores in financial year 2024.
Q1-FY25 · Mahendra Nahata
HFCL has become the largest supplier of UBRs in India and one of the prominent global suppliers, having delivered over 5 lakh units globally.
Q1-FY25 · Mahendra Nahata
There is not a single share of the HFCL which is pledged anywhere. Let me be very clear. There is only non-disposable undertaking. There is no pledge.
Q1-FY26 · Mahendra Nahata
We are witnessing a strong resurgence in global demand. This renewed momentum beginning in Q1 of FY 2026 has enabled our manufacturing facilities to operate at optimal levels.
Q1-FY26 · Mahendra Nahata
Our optical fiber cable business is poised to more than double its revenue in FY 2026 compared to FY 2025.
Q1-FY26 · Mahendra Nahata
We want to completely professionalize the company. It would run by professional CEOs and professional business heads.
Q2-FY24 · Mahendra Nahata
I am expecting that there should be at least an increased revenue of about INR 800 crore-INR 1,000 crore coming up from this product on a very pessimistic basis.
Q2-FY24 · Mahendra Nahata
One product itself can be more than that. Such is the high demand for those products.
Q2-FY24 · Mahendra Nahata
If my sales people are not able to do that also, after they deserve to be sacked, and I don't think they are that bad.
Q2-FY25 · Mahendra Nahata
We are targeting a significant increase in export revenue from our optical fiber segment, aiming for up to 70% of revenue to come from international markets in the next three years.
Q2-FY25 · Mahendra Nahata
The European Commission with its verdict given on 11th October 2024, and it exempted us from definitive anti-dumping duties on optical fiber cable, by which we have gained a competitive edge in the European market.
Q2-FY25 · Mahendra Nahata
We have been selected to develop and supply critical subsystems for General Atomics Aeronautical Systems Incorporated of the USA for their advanced unmanned aircraft systems.
Q2-FY26 · Mahendra Nahata
We have been able to minimize the tariff impact on HFCL through completely legal procedures.
Q2-FY26 · Mahendra Nahata
People are asking for three years' commitment of reserving the capacity. We are not willing to do that at this point of time because we expect better pricing in the future.
Q2-FY26 · Mahendra Nahata
I still maintain that revenue growth of about 20%, which we said it could happen. It is definitely going to happen.
Q3-FY24 · Mahendra Nahata
We are the first Indian company to receive such a large order for 5G equipment, for indigenously designed product.
Q3-FY24 · Mahendra Nahata
This quarter was a pretty aberration quarter because of a lower demand of fiber optic cable, but which is catching very quickly.
Q3-FY24 · Mahendra Nahata
Our target is to become at least 70/30, 70% product, 30% EPC, or if possible, even reduce that also.
Q3-FY25 · Mahendra Nahata
We have been given a delivery date of nine months for supply of ammunition because we shall produce with government factories only. As a result of that, we have not been able to test our fuses as per the requirement of that particular country, and we have not been able to start supplying.
Q3-FY25 · Mahendra Nahata
The company's current order book stands at INR 10,410 crore as compared to INR 6,151 crore in last quarter, which is a very, very significant achievement.
Q3-FY25 · Mahendra Nahata
We definitely aspire that... 20%-25% growth has to happen. But sometimes, despite the best of the efforts, what we aspire may not come true, particularly market situation, geopolitical situation, and those kind of things happen.
Q3-FY26 · Mahendra Nahata
We are today amongst a limited set of global players capable of delivering very high fiber count and low latency solution at a scale.
Q3-FY26 · Mahendra Nahata
The problem was the ammunition, which is now being available. Thus, it would not take that much time.
Q3-FY26 · Mahendra Nahata
We are intentionally not doing much of EPC, because that's not the area we are much interested. We are more interested in defense business, fiber optic cable business, telecom equipment business.
Q4-FY24 · Mahendra Nahata
Last year, the revenue from telecom products was only about INR 150 crores. This year, we are expecting revenue of INR 2,000 crores from the telecom products.
Q4-FY24 · Mahendra Nahata
Our expectation of INR 2,000 crore of order from that part of business is also quite robust expectation, not based on estimation, but based on realistic expectation.
Q4-FY24 · Mahendra Nahata
If I start production today, I would be booked for one year. That's the kind of demand coming up for fuses.
Q4-FY25 · Mahendra Nahata
I think the next five years, the trend is going to be upwards, led by the US. Because the data centers are where they are mushrooming in the US is incredible.
Q4-FY25 · Mahendra Nahata
This is one product, which would be a golden product, I can assure you.
Q4-FY25 · Mahendra Nahata
I refused INR 2,400 crore order. I just refused. I did not take.
Q4-FY26 · Mahendra Nahata
This is probably the highest ever single contract secured by any Indian telecom company.
Q4-FY26 · Mahendra Nahata
We expect that this year again we should be able to have a 20 to 25% increase in revenue and looks like that we can have a 3 to 4% increase in our profit margin.
Q4-FY26 · Mahendra Nahata
The global optical fiber market is undergoing a structural transformation driven by hyperscale data centers, artificial intelligence workloads and cloud infrastructure expansion.