Delays in defense product trials
Electronic fuse trials delayed by two months due to ammunition supply issues; further delays could impact order inflows.
HFCL / Q2-FY26 / risks
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HFCL · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Chipset supply constraints for 5G products
5G product revenue was lower due to chipset supply issues from a key vendor, which have been resolved but could recur.
U.S. tariff impact on exports
Management claims minimal impact via legal mitigation, but tariff uncertainty remains a risk for U.S. exports.
State government payment delays in EPC
Uttar Pradesh state government delayed payments for EPC projects, slowing execution; resolution expected but uncertain.