{"id":128747,"date":"2022-05-02T09:58:21","date_gmt":"2022-05-02T13:58:21","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128747"},"modified":"2022-10-06T03:29:55","modified_gmt":"2022-10-06T07:29:55","slug":"hfcl-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hfcl-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"HFCL Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"HFCL Limited Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/IZboIxFEbjc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from HFCL Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/HFCL\/\">HFCL<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Sanjay Shah of KSA Securities asked about the opportunities for the company in FY23 and FY24. Mahendra Nahata MD replied that FY23 comes up with multiple opportunities in India and worldwide. With 5G coming probably in June, there will be large demand for fiberoptic cable and wideband backhaul radios.<\/li>\n<\/ul>\n<ul>\n<li>Sanjay Shah of KSA Securities also enquired about the progress on the defense equipment side. Mahendra Nahata MD answered that defense equipment, whatever design HFCL has finished, they are undergoing trial. Also government\u2019s plan to indigenously procure defense equipment would help HFCL a great deal in its business.<\/li>\n<\/ul>\n<ul>\n<li>Saral Seth from Indsec Securities enquired about the R&amp;D development in the 5G area. Mahendra Nahata MD answered that HFCL has two kind of equipment; 5G radios and transport equipment. HFCL added that the designs of small cells and macro cells are progressing very well. Tentatively, these products in FY23 will start to come to showcasing to the customers. So it\u2019s progressing well.<\/li>\n<\/ul>\n<ul>\n<li>Saral Seth from Indsec Securities enquired about the growth outlook for the optical fiber industry and its impact on HFCL. Mahendra Nahata MD answered that demand for optical fiber cable increase is coming once 5G new network will be laid out. Huge opportunity is coming up along with increased exports to different countries for backhaul, backbone and FTTH applications. So massive expansion is taking place at a cost of more than INR400 crores to take care of the demand opportunity.<\/li>\n<\/ul>\n<ul>\n<li>Saket Kapoor from Kapoor &amp; Company asked that out of the total order book how much is skewed towards the export part. Mahendra Nahata MD replied that export orders are always coming in bits and pieces. The company added that it has INR225 crores of order in hand which is a good number looking at the current export target.<\/li>\n<\/ul>\n<ul>\n<li>Saket Kapoor from Kapoor Company asked about the capex for FY22, including the maintenance capex and capex target for FY23. Mahendra Nahata MD said the FY23 capex target is about INR500 crores, including R&amp;D. For FY22, the total capex and R&amp;D would have been INR125 crores or so.<\/li>\n<\/ul>\n<ul>\n<li>Saket Kapoor from Kapoor Company also asked about the net debt level and the cost of funds. V.R. Jain CFO said it is INR730 crores net debt as against INR920 crores for last year, after raising INR600 crores capital raising exercise.<\/li>\n<\/ul>\n<ul>\n<li>Saket Kapoor from Kapoor Company enquired about the other expenses going up, in commensurate to the turnover. V.R. Jain CFO answered that this has increased because of the logistics cost and also R&amp;D expense had an excess of about INR5 crores and HFCL had written off some of the debt of INR2.5 crore.<\/li>\n<\/ul>\n<ul>\n<li>Saket Kapoor from Kapoor Company asked the reason for de-growth in revenue on the Turnkey Contracts and Services segment. Mahendra Nahata MD replied that it is HFCL\u2019s strategy. As stated, HFCL\u2019s revenue from products will go up and from EPC will go down going forward. And as can be seen product revenue from 27% has gone up to 43%.<\/li>\n<\/ul>\n<ul>\n<li>Abhijit Mitra of ICICI Securities asked about product revenue for 4Q and FY22, how much of it was contributed by fiber optic cable. Mahendra Nahata MD said for FY22, the total revenue was INR2,055 crore for exports, out of which INR1,700 odd crores is by optical fiber cable and balance is by different products.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from HFCL Limited (HFCL) Q4 FY22 Earnings Concall Q&amp;A Highlights: Sanjay Shah of KSA Securities asked about the opportunities for the company in FY23 and FY24. Mahendra Nahata MD replied that FY23 comes up with multiple opportunities in India and worldwide. With 5G coming probably in June, there will be large demand for [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,8],"tags":[8532,316,8234],"class_list":["post-128747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-technology-stocks","tag-technology","tag-telecom","tag-telecom-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135287,"url":"https:\/\/alphastreet.com\/india\/hfcl-limited-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128747,"position":0},"title":"HFCL Limited Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"November 1, 2022","format":false,"excerpt":"https:\/\/youtu.be\/mFRNwxOyaFA Key highlights from HFCL Limited (HFCL) Q2 FY23 Earnings Concall Management Update: [00:05:16] HFCL said it\u2019s well on its mission to double the export revenue during FY23. And this trend is also expected to continue in coming years. [00:13:03] HFCL believes its revenue and margins will continue to grow\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146101,"url":"https:\/\/alphastreet.com\/india\/hfcl-limited-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128747,"position":1},"title":"HFCL Limited Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"May 15, 2023","format":false,"excerpt":"Key highlights from HFCL Limited (HFCL) Q4 FY23 Earnings Concall Management Update: [00:06:33] HFCL said it collaborated with Microsoft to launch a Private 5G Solution for enterprises, which can offer numerous benefits to the manufacturing sector and enable enterprises in its Industry 4.0. [00:08:54] HFCL said it aims to expand\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":126439,"url":"https:\/\/alphastreet.com\/india\/hfcl-limited-q3-fy22-earnings-conference-call-summary\/","url_meta":{"origin":128747,"position":2},"title":"HFCL Limited Q3 FY22 Earnings Conference Call Summary","author":"Praveen","date":"January 19, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=m78Oh4o-034 Key highlights from HFCL Limited (HFCL) Q3 FY22 Earnings Concall Management Update: HFCL said the company secured purchase orders of more than INR530 crores along with its subsidiary HTL Limited for the supply of optical fiber cables during the quarter. The company added that its first three quarter\u2019s profit\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":136347,"url":"https:\/\/alphastreet.com\/india\/hfcl-limited-hfcl-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":128747,"position":3},"title":"HFCL Limited (HFCL) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"October 20, 2022","format":false,"excerpt":"HFCL Limited (NSE:HFCL) Q2 FY23 Earnings Concall dated Oct. 20, 2022 Corporate Participants: Mahendra Nahata -- Managing Director Analysts: Aman Vij -- Astute Investment Management -- Analyst Hardik Vyas -- Economic Times -- Analyst Sanjay Shah -- KSA Shares & Securities Pvt. Ltd. -- Analyst Balasubramanian A. -- Arihant Capital\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142167,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-hfcl-limited-for-q3-fy23\/","url_meta":{"origin":128747,"position":4},"title":"Earnings Summary Of HFCL Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 17, 2023","format":false,"excerpt":"HFCL Limited (NSE: HFCL) is an Indian telecommunications company that provides end-to-end telecom infrastructure solutions, including optical fiber cables, high-speed broadband networks, and wireless communication systems. The company has a presence in India, Africa, and the Middle East and has been involved in several key projects in India, including the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10-1.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":124199,"url":"https:\/\/alphastreet.com\/india\/hfcl-ltd-hfcl-q1-fy22-earnings-concall\/","url_meta":{"origin":128747,"position":5},"title":"HFCL Ltd (HFCL) Q1 FY22 Earnings Concall","author":"Sahil_Anand","date":"July 13, 2021","format":false,"excerpt":"HFCL Ltd (NSE:HFCL) Q1 FY22 Earnings Concall dated\u00a0Jul. 13, 2021","rel":"","context":"In &quot;Technology&quot;","block_context":{"text":"Technology","link":"https:\/\/alphastreet.com\/india\/category\/technology-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/HFCL-Limited-Q1-FY22-Earnings-Concall.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128747"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}