India’s Top 500 Companies 2019
INDIA’S TOP 500 COMPANIES 2019 392 Advertorial Himachal Futuristic Communications Limited Background Himachal Futuristic Communications Ltd. (Company) is an established leader in communication network solutions for more than 3 decades. The Company’s activities cover the entire value chain from manufacturing of Optical Fibre Cables, high end transmission and access equipment, surveillance products to implementation of communication networks. The Company specialises in providing turnkey solutions to telecom service providers, railways, defence, smart city & surveillance projects and has deployed more than 25,000 cell sites and laid over 1,00,000 km of OFC network. Business Operations The Company has state of the art technology driven manufacturing facilities comprising of a Telecom Equipment manufacturing unit at Solan (Himachal Pradesh) and OFC manufacturing facility in Goa. The Company is consistently working for increasing its portfolio of products with new technologies and is developing new products like Backhaul radios, High Capacity Radio Relay, Wi-Fi Network Products, Cloud-based Management Platform, Security and surveillance products etc. The Company is also developing Defence Equipment like Electronic Fuses, Night vision Devices, Mini Unmanned Aerial Vehicles. Looking ahead into the future, the opportunity landscape for the Company continues to become bigger and brighter being an integrated services provider. Policy initiatives towards robust digital communication infrastructure will see huge telecom infrastructure development and extensive fiberisation. With aggressive 4G and FTTH rollout along with 5G on the anvil, networks shall become denser and deeper – thereby creating more demand of the Company’s products and services. Further, Modernization of Railway Communication system , ‘Make in India’ thrust for Defence Procurement and continued investments towards Smart Cities & Surveillance shall amplify Company’s growth prospects. OFC Manufacturing : The company’s OFC plant at Goa is fully-automated, equipped with modern R&D facilities and latest equipment to produce 1F-576F OFC, customized to various client needs. In addition, HFCL has two more manufacturing plants in Chennai and Hosur (through its subsidiary), making HFCL one of the largest OFC manufacturers in India. Given the demand for OFC, the company opted for backward integration and started Greenfield project in Hyderabad, Telangana during FY18 to manufacture 6.4 million fibre km (mfkm) pa, as part of its three-pronged strategy of steady expansion of installed capacity, intense development and roll-out of next generation value-added OFC and backward integration. HFCL’s subsidiary is expanding its manufacturing capacity from 7mn fkm to 10.5 mn fkm. This additional facility along with existing facilities will bring HFCL’s annual OFC manufacturing capacity to 18.5 mn fkm. Telecom Networks & Turnkey Solutions : The Company has more than two decades of experience in rolling out large OFC networks for telecom service providers. Currently the Company is implementing OFC networks for one of India’s largest pan India 4G operator. It is also implementing turnkey GSM networks in North East India, which involves supply of GSM Systems, Solar Power Systems, Microwave & Satellite Backhaul Systems and establishing sophisticated Operations & Maintenance Centres. The Company is also implementing projects for pan-India deployment of Microwave radios and WiFi systems. WiFi systems include products both for the indoor and outdoor deployment scenarios. The optional Green Power source is specifically designed for outdoor environments and inaccessible terrains, where there is no guarantee for continuous power. The product is highly integrated, supporting 3 radios for 3 sector deployment. Financial Snapshot (In ` mn) Total Income 31,036.4 Net Profit 1,550.3 Networth 12,159.9 Ratios NPM (%) 5.0 RONW (%) 12.7 Current Ratio (times) 1.8 (As on Mar 31, 2018) Management Details Managing Director Mahendra Nahata Non-Executive Chairman M P Shukla Chief Financial Officer V. R. Jain Vice-President (Corporate) & Company Secretary Manoj Baid Independent Directors Ved Kumar Jain Dr. Tamali Sen Gupta Surendra Singh Sirohi Non Executive Director Arvind Kharabanda Dr. R M Kastia Nominee Director Ranjeet Kumar Soni Address & Website Registered Office 8, Electronics Complex, Chambaghat, Solan - 173213 Himachal Pradesh Corporate Office 8, Commercial Complex, Masjid Moth, Greater Kailash II, New Delhi - 110048 www.hfcl.com Mahendra Nahata Managing Director Dun & Bradstreet D-U-N-S® No 65-014-6517 Top 500 Ranking Income 265 Net Profit 305 Networth 336 Dun & Bradstreet
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