HFCL Ltd: Q1FY27 results
HFCL Ltd reported revenue of Rs 1,915 cr and net profit of Rs 246 cr for Q1FY27.
Filed 22 Jul 2026, 13:22 IST · HFCL Ltd (HFCL)
Price around the results
What was reported
HFCL Ltd reported revenue of Rs 1,915 cr and net profit of Rs 246 cr for Q1FY27. Figures are consolidated.
How it compares
Revenue changed +119.85% from a year earlier. Against the previous quarter revenue changed +4.98%.
How the stock reacted
The stock closed -0.03% on the session after the results.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 | Q4FY26 | QoQ | YoY |
|---|---|---|---|---|
| Revenue | ₹1,915 cr | ₹1,824 cr | +4.98% | +119.85% |
| Other income | ₹31 cr | ₹22 cr | +39.94% | +114.38% |
| Expenses | ₹1,350 cr | ₹1,017 cr | +32.76% | +96.32% |
| Operating profit | ₹565 cr | ₹807 cr | -30.00% | +208.03% |
| Operating margin (%) | 29.51% | 44.26% | — | — |
| Interest | ₹62 cr | ₹63 cr | -0.48% | +12.33% |
| Depreciation | ₹51 cr | ₹45 cr | +12.69% | +59.16% |
| Profit before tax | ₹332 cr | ₹228 cr | +45.46% | — |
| Tax | ₹86 cr | ₹43 cr | +97.52% | — |
| Net profit | ₹246 cr | ₹184 cr | +33.17% | — |
| EPS (₹) | ₹1.49 | ₹1.21 | +23.14% | — |
Operating margin of 29.51% compares with a Telecommunication sector median of 26.75% across 4 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | -0.03% | +0.76% |
| Next session | -5.03% | — |
Volume on the results session was 2.48× its 20-day average.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- HFCL reported a diversified order book of ₹26,665 crore for Q1FY27.
New orders
- HFCL reports a total defence order book of about ₹2,300 crore.
Problems & risks
- HFCL is deliberately shifting away from low-profit turnkey work toward a product-led revenue mix.