It No 9, HFCL is the only private Indian manufacturer to feature in the V&D100 list of Top10 carrier equipment companies. The company recorded a gross revenue of Rs 887.63 crore, actually resulting in a 6.5 percent drop. Net profits also dropped by 42 percent, largely due to high interest paid.

HFCL, that was primarily a telecom equipment company five years back, entered the turnkey business in a big way in 1997 and recorded impressive growth in top-line for subsequent years as the telecom infrastructure was being built by most private carriers. However, with long deferred payments in turnkey and not a healthy enough cash flow situation to support that, the company consciously decided to go slow on turnkey business and focus more on equipment business in 2001-02. It continued with that approach in 2002-03 as well.

The share of telecom products in HFCL’s revenues was 63.6 percent while 35 percent came from turnkey business.

Managing Director : Dr Ranjit Kastia Area of Operation : Carrier equipment, Turnkey Projects Address : 8, Commercial Complex, Masjid Moth Greater Kailash II New Delhi 110 048 Tel : 011- 2647 1298 Fax : 011- 26192536 Web site : www.hfcl.com

Major orders bagged by the company included a Rs 100 crore BSNL’s DWDM equipment order, and a mega order of Rs 255 crore for CorDECT, also from BSNL. Others included Digital cross connect order from BSNL, and a CorDECT order from Reliance. The Reliance order, estimated to be Rs 35 crore or so, was a major step for the company to break into the private carrier segment and the company expects to augment the basic infrastructure with DIUs and customer premise equipment. This year, it has bagged a similar order from Tata Teleservices as well.

HFCL wants to get back to its position of an equipment company and do high value network integration. It is investing on R&D and collaborative research programs with educational institutes. With the acquisition of HTL, the company has added switching to its portfolio.

Print

Comment

Email

Digg

Del.icio.us

Reddit