HFCL Share Price in Focus; Approves Additional ₹820 Crore Capex for Optical Fibre, Cable Expansion

HFCL Ltd has approved an additional investment of about ₹820 crore to expand its Optical Fibre (OF), Optical Fibre Cable (OFC) and Preform manufacturing facilities. The company’s board approved the proposal at its meeting on September 14, 2026, as per an exchange filing.  

The investment will be made over and above the ₹980 crore already approved for the three manufacturing projects. This takes HFCL’s total planned spending on capacity expansion to around ₹1,800 crore.  

Production Capacity 

The plan includes an additional 4.60 million fibre kilometres per annum of Optical Fibre capacity and 5.64 million fibre kilometres per annum of Optical Fibre Cable capacity. The company will also add 300 MT per annum of Preform capacity.  

Once the ongoing and new projects are completed, HFCL will have Optical Fibre capacity of 43.10 million fibre kilometres per annum and Optical Fibre Cable capacity of 62 million fibre kilometres per annum. Preform capacity will stand at 600 MT per annum.  

HFCL’s Order Book 

HFCL’s combined order book for Optical Fibre Cable and connectivity solutions stood at approximately ₹19,000 crore as of September 14, 2026. The company also has a pipeline of additional business opportunities for the near to medium term.  

The company said demand for optical connectivity is linked to hyperscale data centres, cloud computing, telecom network expansion, fibre-to-the-home deployments, enterprise connectivity and rural connectivity projects.  

Project Timeline 

The Optical Fibre and Optical Fibre Cable expansion projects are scheduled for completion by July 2028. The Preform manufacturing facility is expected to be established by October 2028 through HFCL Technologies Private Limited, a wholly owned subsidiary.  

Funding Plan 

HFCL plans to fund the investment through internal accruals, borrowings from financial institutions and banks, and other financing arrangements.  

For the Preform facility, the company may also use proceeds from preferential issue warrants already issued to the promoter and promoter group entity.  

Read More: HDFC Bank Share Price Surges; Two Names Submitted to RBI for MD and CEO Role! 

HFCL Share Price Performance  

As of September 15, 2026, 1:15 pm, HFCL share price was trading at ₹222.70, a 4.70% decrease from the previous closing price. 

Conclusion 

The new approval increases HFCL’s planned spending on its Optical Fibre, Optical Fibre Cable and Preform projects to ₹1,800 crore. The capacity additions are spread across the three manufacturing areas, with projects scheduled through 2028. 

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