Monday, December 21, 2020

HFCL Starts Commercial Production of FTTH Cables from New Facility in Hyderabad

HFCL’s new Fiber-to-the-home (FTTH) Cable manufacturing Facility at Hyderabad, Telangana has commenced commercial production of Optical Fiber Cables for Fiber to Home Applications, w.e.f. 16th December, 2020. With the start of this new Facility at Hyderabad, HFCL together with its subsidiary company, viz. HTL Limited, has become the largest manufacturer of FTTH cables in India with a capacity of 6 lakh kms per annum.

The Company had earlier invested Rs.260 crores in Hyderabad Plant for the manufacturing of Optical Fiber that was commissioned in January, 2020. This new state-of-the-art, automated high-speed FTTH cable Facility has come up with a fresh outlay of Rs.40 crores to ensure high throughput, economies of scale and highest quality standards. Thus far, Rs.300 crores have been invested in Hyderabad Facility as part of the Company’s expansion roadmap.

Speaking on this development, Mr. Mahendra Nahata, Managing Director, HFCL said, “Our latest Facility in Hyderabad makes HFCL the largest FTTH player in the Country. India is seeing buoyant FTTH activity driven by private telcos and Government’s thrust on rural network deployment. Expanding FTTH rollouts will not only boost our Country’s 4G connectivity but it will also enhance our readiness for 5G. The momentum in penetration of high-speed internet, increasing investment in digital networks and growing demand for affordable access makes us excited to serve the next generation communication needs of customers in India and across the globe.”

The FTTH cable Plant has backward integration for supplies of major raw materials like Optical Fiber and ARP rods from the Company’s existing manufacturing Facilities, further strengthening the supply chain.

Apart from supplying FTTH cables to telecom service providers in India, HFCL will also be exporting them to more than 30 countries where the Company is already having its presence. The Company will be marketing the FTTH Cables under its brand name of HFCL.

The Company’s R&D facilities are developing different variants of new cables which will also be manufactured from the newly set up Facility at Hyderabad.   

About HFCL:

HFCL Limited (formerly Himachal Futuristic Communications Limited) is a leading technology enterprise engaged in manufacturing of high end Transmission and Access Equipment, Optical Fiber, Optical Fiber Cables (OFC) and is specialized in setting up modern communication network for Telecom Service Providers, Railways, Defence, Smart City and Surveillance projects.

The Company’s in-house Centre for Excellence in Research located at Gurgaon & Bengaluru along with invested R&D Houses and other collaborators at different locations in India and abroad, innovate futuristic range of technology products and solutions. Some of the newly developed products through in-house R&D are Wi-Fi Systems, Unlicensed Band Radios, Cloud Management Systems and Video Management Systems. There is a suite of products under development which include Electronic Fuses, Electro Optic Devices, Software Defined Radios, Switches, Routers, Intelligent Antenna Systems and Ground Surveillance Radars among others.

The Company has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing facilities at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary i.e. HTL Limited at Chennai along with FRP Rod manufacturing facility in its subsidiary at Hosur. It also has a telecom equipment manufacturing facility at Solan.

The Company has been a consistent performer with revenue and profit CAGR over last 7 years of 27% and 23% respectively along with FY20 RoCE of 21.50% and Debt-Equity ratio of 0.43. The consolidated income in H1FY21 stood at Rs.1762.24 crores and PAT was Rs.74.66 crores.

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