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HFCL Stock Hits Upper Limit as Q2 Net Profit Jumps Over 440%

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HFCL₹268.81 5.00%

HFCL Limited (HFCL) shares reached the 5 percent daily trading limit on the National Stock Exchange, touching ₹268.80, following the release of record second-quarter financial results for the period ended September 30, 2026. Consolidated net profit jumped 448.14 percent year-on-year to ₹394.22 crore, up from ₹71.92 crore in the corresponding quarter last year. Revenue for the quarter rose 143.62 percent to ₹2,541.79 crore, driven by strong operational demand.

The technology company expanded its profitability across key operational metrics, with EBITDA margin widening 640 basis points to 25.89 percent. Growth momentum accelerated from the previous quarter, as profit after tax grew 60.49 percent sequentially. For the first half of the fiscal year, total net profit reached ₹639.86 crore, a steep rise compared to ₹42.62 crore recorded in the prior year period.

Looking ahead, management projects full-year revenue growth of at least 80 percent and indicated that its long-term target of ₹10,000 crore in annual revenue could arrive sooner than FY29. Investors will be observing the execution of a planned ₹1,800 crore capital expenditure in optical fiber and cable manufacturing capacity, along with progress on the company's ₹28,911 crore order book, which offers revenue visibility for six to seven years.

Key points

  • Q2 FY27 net profit jumped 448.14% year-on-year to ₹394.22 crore, while revenue rose 143.62% to ₹2,541.79 crore.
  • Shares of HFCL Limited reached the 5% upper circuit limit at ₹268.80 following the earnings announcement.
  • The company expanded its EBITDA margin by 640 basis points year-on-year to 25.89%.
  • Order book stands at ₹28,911 crore, providing revenue visibility for six to seven years.
  • HFCL expects full-year revenue growth of at least 80% and plans ₹1,800 crore in manufacturing capital expenditure.

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Questions and answers

Why did HFCL stock hit the upper circuit?

HFCL Limited shares reached the 5 percent upper limit after reporting record Q2 FY27 results, featuring a 448.14 percent surge in net profit to ₹394.22 crore and a 143.62 percent increase in quarterly revenue.

What is HFCL's full-year outlook for FY27?

HFCL management expects full-year FY27 revenue to grow by at least 80 percent compared to FY26. The company also anticipates reaching its annual revenue goal of ₹10,000 crore earlier than its initial FY29 target.

How large is HFCL's current order book?

HFCL holds an order book of ₹28,911 crore, which provides revenue visibility for six to seven years across its business segments.