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Hindustan Aeronautics Limited HAL NSEAIDEFENCEINFRAPSU

Industrials · Aerospace & Defense · India
https://hal-india.co.in

Hindustan Aeronautics Limited engages in the design, development, manufacture, repair, overhaul, upgrade, and servicing of aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures in India and internationally. The company offers basic trainer and light combat aircraft, light transport aircraft, intermediate jet trainer aircraft, light utility and combat helicopters, maritime utility helicopters, and turbofan and turboshaft engines, as well as aerospace products, which include aluminum alloy riveted structures, propellant tanks, and cryogenic engines. It also provides avionics, accessories, and materials comprising flight data recorders, laser range systems, head up displays, auto stabilizers, inertial navigation systems, hydraulic pumps, fuel management systems, oxygen systems, gyroscopic/barometric instruments, panel instruments, ejector release units, flight control systems, wheels and brake systems, ground radars, radar computers, missile inertial navigation solutions, air borne secondary radars, radio navigation equipment, communication equipment, rolled rings, rubber products, powder metallurgy, forgings, and castings. In addition, the company offers air data computer that measures pressure altitude, calibrated airspeed, true airspeed, Mach number, vertical speed, and temperature in the atmosphere. Further, the company provides various services in the areas of aircraft and helicopters MRO, and power plants, as well as systems, accessories, and avionics. It serves space, defense, and civil industries. Hindustan Aeronautics Limited was incorporated in 1940 and is based in Bengaluru, India.

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₹4,303.80
-12.93% 1Y

Market & Price

Market Cap
₹2.88 L Cr
Current Price
₹4,303.80
High / Low (52W)
₹5,052.96 / ₹3,487.20
Beta
0.55

Valuation

Stock P/E
31.55
Industry PE
27.78
Forward P/E
25.78
PEG Ratio
-
Book Value
₹613.65
Price to Book
7.01
P/S
8.70
EV/EBITDA
29.73
Dividend Yield
1.16%

Profitability & Returns

ROCE
13.80%
ROE
23.98%
ROA
3.55%
Profit Margin
27.55%
Op Margin
26.95%
EPS (Latest Qtr)
₹62.74
EPS (TTM)
₹136.43

Balance Sheet & Liquidity

Debt/Equity
0.03
Quick Ratio
1.57
Current Ratio
2.61
Debt
₹10.97 Cr
Total Assets
₹1.32 L Cr
Current Assets
₹1.16 L Cr
Working Capital
₹71,530.59 Cr

Ownership

Promoter Holding
71.64%
Chg in Prom Hold
-
FII / Inst Holding
14.53%
Chg in FII Hold
0.03%

Financial Snapshot

Enterprise Value
₹2.42 L Cr
Total Revenue (TTM)
₹33,088.82 Cr
EBITDA
₹8,129.70 Cr
Free Cash Flow
₹-14,431.69 Cr
Operating Cash Flow
₹10,906.38 Cr
Shares Outstanding
₹66.88 Cr
Gross Margin
53.31%
Payout Ratio
36.68%

Growth (CAGR)

Revenue 5Y
7.87%
Profit 5Y
16.08%
Revenue (YoY)
1.80%
Earnings (YoY)
5.50%

PROS

  • Strong return on equity of 24.0%.
  • Excellent profit margin of 27.5%.
  • Profit CAGR of 16.1% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
5 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
6 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
7 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
8 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
9 SIEMENS Siemens Limited NSEAIINFRA 3,844.00 81.30 ₹1.37 L Cr 0.39% 16.46% - 3.04% 10.90%
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Quarterly Results

Figures in INR.

Metric Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -13,699.85 Cr4,819.01 Cr6,628.61 Cr7,698.80 Cr13,942.40 Cr
Cost of Revenue -7,137.33 Cr2,946.62 Cr4,261.66 Cr5,328.73 Cr8,723.43 Cr
Gross Profit -6,562.52 Cr1,872.39 Cr2,366.95 Cr2,370.07 Cr5,218.97 Cr
Operating Expenses -1,994.24 Cr772.90 Cr1,032.73 Cr805.46 Cr789.95 Cr
Operating Income -4,568.28 Cr1,099.49 Cr1,334.22 Cr1,564.61 Cr4,429.02 Cr
EBITDA -5,227.10 Cr1,854.61 Cr2,227.34 Cr2,487.79 Cr5,587.98 Cr
Interest Expense -8.44 Cr30.00 L36.00 L98.00 L4.15 Cr
Pretax Income -5,218.66 Cr1,854.31 Cr2,226.98 Cr2,486.81 Cr5,583.83 Cr
Tax Provision -1,242.03 Cr470.54 Cr557.93 Cr620.15 Cr1,387.79 Cr
Net Income -3,976.66 Cr1,383.77 Cr1,669.07 Cr1,866.68 Cr4,196.08 Cr
Diluted EPS -59.4620.6924.9627.9162.74

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -26,360.56 Cr28,161.90 Cr30,980.95 Cr33,088.82 Cr
Cost of Revenue -15,444.45 Cr16,218.47 Cr18,376.04 Cr21,260.44 Cr
Gross Profit -10,916.11 Cr11,943.43 Cr12,604.91 Cr11,828.38 Cr
Operating Expenses -5,207.42 Cr3,538.80 Cr4,312.46 Cr3,401.04 Cr
Operating Income -5,708.69 Cr8,404.63 Cr8,292.45 Cr8,427.34 Cr
EBITDA -8,949.57 Cr11,679.11 Cr12,238.61 Cr13,524.95 Cr
Interest Expense -57.97 Cr32.11 Cr8.68 Cr5.79 Cr
Pretax Income -6,509.50 Cr10,224.88 Cr10,867.26 Cr12,151.93 Cr
Tax Provision -681.77 Cr2,603.93 Cr2,503.21 Cr3,036.41 Cr
Net Income -5,827.74 Cr7,621.05 Cr8,364.13 Cr9,115.60 Cr
Diluted EPS -87.14113.95125.07136.30

Compounded Sales Growth

5 Years:7.87%
1 Year:1.80%

Compounded Profit Growth

5 Years:16.08%
1 Year:5.50%

Stock Price Performance

1 Year:-12.93%
6 Months:-2.30%
3 Months:+8.89%
1 Month:-0.81%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -67,203.80 Cr78,095.18 Cr1.06 L Cr1.32 L Cr
Current Assets -51,885.04 Cr63,017.53 Cr90,094.64 Cr1.16 L Cr
Cash & Equivalents -4,440.77 Cr4,254.69 Cr4,548.55 Cr3,767.66 Cr
Inventory -12,148.69 Cr13,217.54 Cr21,675.70 Cr30,850.68 Cr
Receivables -4,719.18 Cr4,616.85 Cr4,647.79 Cr4,066.31 Cr
Total Liabilities -43,627.91 Cr48,953.37 Cr71,281.68 Cr91,369.99 Cr
Current Liabilities -30,827.27 Cr36,324.33 Cr44,095.25 Cr44,307.37 Cr
Long Term Debt -0000
Total Debt -2.65 Cr1.10 Cr1.16 Cr10.97 Cr
Total Equity -23,572.15 Cr29,138.17 Cr34,981.61 Cr41,041.12 Cr
Shares Outstanding -66.88 Cr66.88 Cr66.88 Cr66.88 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -8,829.72 Cr8,222.82 Cr13,643.46 Cr10,906.38 Cr
Investing Cash Flow --5,728.02 Cr-6,410.05 Cr-10,771.09 Cr-8,336.88 Cr
Financing Cash Flow --1,731.30 Cr-1,998.85 Cr-2,578.51 Cr-3,350.39 Cr
Capital Expenditure --1,781.22 Cr-1,755.17 Cr-1,756.92 Cr-2,549.15 Cr
Free Cash Flow -7,048.50 Cr6,467.65 Cr11,886.54 Cr8,357.23 Cr
Net Change in Cash -1,370.40 Cr-186.08 Cr293.86 Cr-780.89 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -41.4%42.4%40.7%35.7%
Operating Margin % -21.7%29.8%26.8%25.5%
Net Margin % -22.1%27.1%27.0%27.5%
ROE % -24.7%26.2%23.9%22.2%
ROCE % -15.7%20.1%13.3%9.6%

Shareholding Pattern

Insiders
71.64%
Institutions
14.53%
Public Float
51.23%

Analyst View

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Latest News

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