HFCL

“But yes, we should be doing better than what we are doing now in the current quarter or the current year or the current half year”

“the revenue which you have seen in the current quarter, there will be growth in that revenue. There would there will definitely be growth in Q3.”

“Yes, it is always good to be conservative. Give you a lower number and surprise you by better numbers.”

“I think first quarter of next year, you would start seeing profit in this segment.”

“ammunition complex, which we are creating in Andhra Pradesh, as I already told in my opening remarks, that should also start giving us revenue in about 2 years' time.”

“this construction is going to start soon and '28, late '28, our own preform would be available. So that would significantly increase our margin profile.”

“But overall, in terms of money terms, whatever capacity utilization we have envisaged that is 100%.”

“Fiber runs 100% of the capacity.”

“So sometimes a particular kind of order machine may be working at 80% capacity or some other kind may be working at 100% capacity.”

“And our own preform would be roughly about half of the capacity. Rest of the preform we have to buy from outside, for which we have some long-term contracts also.”

“we are going to have a midterm solution for our own preform starting from the first quarter of the next year itself -- calendar year itself.”

“Our order book stands at ₹28,900 crore, providing multi-year revenue visibility.”

“out of INR18,500 crores, a large portion would be from hyperscalers only, a large portion. I don't have the exact number, but yes, maybe 70% would be from hyperscalers of the export orders.”

“So against INR2,500 crores supply, you have received orders of INR5,500 crores.”

“Look, this would be some of them are 4 to 6 months, some of them are 3 years, 4 years. So mostly up to 4 years contract may be.”

“Not necessarily. Some of them would extend to 5 years. And now we are talking about contracts of further 4 and 5 years now.”

“I've already answered this question that INR300 crores is our expectation for quarter 2 and INR800 crores is our expectation for the whole year.”

“It is inside the data centers, and that certification is already there. That is why we have started supplying and generating revenue out of that.”

“I would generally say anywhere between data center would be 65% to 75%, telcos would be between 25% to 35%.”

“I would probably say it's something like 70-30, something like, not exactly number, something more or less 70-30.”

“These all the orders are for exports, and we expect to receive large orders in this segment also in next few months' time frame.”

“Look, this growth came from volume and price both. It's not only price, not only volume. It came from both of that. Production also increased and prices also became better. So and the same trend is going to continue in the future also.”

“Now the indigenous local orders are from telcos, mostly from telcos. Data centers are yet to pick up in India.”

“I don't think there will be any slow down in more data centers coming up in future or in the pace with which they are coming. I expect that to continue.”

“But in rest of the Asia, Europe, this growth will pick up. So demand will come up from there also.”

“In fact, some telcos, which have not come to the market are coming up now, and we are looking at the possibility of large orders from telcos also now.”

“EBITDA margin expanded to 25.89%, improving by 640 basis points year-on-year and 264 basis points quarter-on-quarter”

“Well, I would only say it would reduce cost.”

“On an overall basis, I would say margin profile is going to get better only. There is no chance I see of getting reverse or less.”

“Well, I'm not only confident of maintaining, but I'm confident of getting it better.”

“But broadly, margin would be same as we get into normal turnkey contracts. Normal turnkey contracts, margin could be about, let us say, EBITDA margin could be something like 15% to 20%.”

“Debt reduction, yes, it will happen. Already, we are repaying old debt. We have taken some new debt for capex. And finally, the debt reduction will start in the current year.”

“Yes, it will substantially go down.”

“That also we are introducing and the revenue would start coming may be last quarter of the current financial year or may be in the larger way in the beginning of the next financial year.”

“We expect to complete the acquisition during the current quarter. Importantly, the aerospace business being acquired already has unexecuted order book of approximately ₹1600 crore, providing good visibility from the outset.”

“That has an order book of about INR1,600 crores or INR1,800 crores. So that will start giving us revenue from this quarter.”

“One trial has already taken place. Second trial is expected to happen in another 2 weeks or so. First trial has been very successful.”

“For example Foliage Penetration Radar, that has almost been through approval. Another couple of weeks and that will give us good revenue.”

“No, there is no such thing that there is very high-margin business of any particular quarter. It will be as normal.”

“So submission of bill because of milestone issues has taken a longer time. This quarter, those bills will be getting submitted.”

“So the loss which we incurred because of expenses incurred, but not billed, that will not happen this quarter.”

“So I don't foresee any big risk out of this interest rate change, except there may be some closures, some less expansion in heavily debt-reliant companies, but that would be offset by Asia, Europe, and demand of telcos, as I have already said.”

“germanium percentage in the overall cost is so low, price would not be much impacted. But yes, supply, we have to tie up in advance. That's what we are working. So we will be needing germanium in 2 years from now.”

“The shortage or so-called shortage is geopolitical, not really the shortage of raw material for any natural reason.”

“So the revenue numbers and top line numbers and bottom line numbers, both are going to be better to the best of my expectation. Unless there is some global geopolitical thing happens, nobody can predict that.”

“So whichever have been our suppliers, which are yearly contracts or 1.5, 18 months or 24 months contracts there is no pressure on that. But whenever those contracts expire, of course, the price variation has to be there.”

“Friends, I want to emphasise that we do not see this quarter as a peak, but as the sustained phase of strong growth.”

“which is also reflected in our export performance, representing a growth of approximately 493% year-on-year.”

“Consolidated profit after tax in Q2 FY27 rose to ₹394.22 crore, as compared to ₹71.92 crore in Q2 FY26, an increase of 448.14% year-on-year and 60.49% quarter-on-quarter.”

“Consolidated revenue surged to ₹2,541.79 crore, increasing by approximately 143.62%”

“EBITDA increased to ₹658.00 crore, delivering growth of 223.55% year-on-year and 47.78% quarter-on-quarter.”