HAL - Hindustan Aeronautics Limited Share Price

Aerospace & Defense

₹4492.00+4.10(+0.09%)

Market Closed as of May 2, 2025, 15:30 IST

What does Hindustan Aeronautics Limited do?

Aerospace & Defense•Capital Goods•Large Cap

Hindustan Aeronautics is a leading Aerospace & Defense company, identified by the stock ticker HAL.

With a market capitalization of Rs. 230,864.5 Crores, Hindustan Aeronautics Limited specializes in the design, development, manufacture, repair, overhaul, upgrade, and servicing of various aerospace products. Their offerings include:

Aircraft and helicopters
Aero-engines and avionics
Accessories and aerospace structures

The company operates both in India and on an international scale, providing a wide range of aircraft types such as basic trainer, light combat, and intermediate jet trainer aircraft alongside various helicopter models.

Moreover, Hindustan Aeronautics manufactures essential aerospace products, including aluminum alloy riveted structures, propellant tanks, and cryogenic engines. They also develop advanced avionics and accessories, which encompass systems for flight data recording, navigation, and communication.

In addition to manufacturing, the company delivers various maintenance, repair, and overhaul (MRO) services for aircraft and helicopters, along with related systems and avionics.

Founded in 1940 and headquartered in Bengaluru, India, Hindustan Aeronautics serves the space, defense, and civil industries, including exporting its products globally.

In terms of financial performance, the company boasts a trailing 12-month revenue of Rs. 34,517.3 Crores and reported a profit of Rs. 8,696.1 Crores over the last 4 quarters, demonstrating significant profitability.

Hindustan Aeronautics has seen a 41.4% revenue growth in the past three years and rewards its investors with dividends, offering a yield of 1.74% per year, amounting to Rs. 60 dividend per share over the last 12 months.

Industry Group:Aerospace & Defense

Employees:22,655

Website:hal-india.co.in

Income Statement for Hindustan Aeronautics

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	12.8%	30,381	26,928	24,620	22,755	21,438	19,894
Other Income	13.6%	1,899	1,672	986	359	293	376
Total Income	12.9%	32,279	28,600	25,607	23,113	21,732	20,270
Cost of Materials	23.5%	12,363	10,010	8,755	7,772	8,173	7,357
Purchases of stock-in-trade	-16%	671	799	657	821	587	307
Employee Expense	7.8%	5,276	4,896	4,590	4,291	4,764	4,295
Finance costs	-45.6%	32	58	58	259	348	170
Depreciation and Amortization	-21.2%	1,406	1,784	1,110	1,178	998	1,028
Other expenses	-18.3%	4,290	5,251	4,613	2,065	2,416	2,318
Total Expenses	-0.1%	22,080	22,107	20,375	18,844	17,922	16,643
Profit Before exceptional items and Tax	57.1%	10,199	6,493	5,231	4,269	3,809	3,628
Exceptional items before tax	-	0	0	0	2.02	119	0
Total profit before tax	57.1%	10,199	6,493	5,231	4,271	3,928	3,628
Current tax	127.6%	2,905	1,277	707	596	1,180	1,596
Deferred tax	49.3%	-301.07	-594.77	-562.62	442	-84.01	-250.91
Total tax	282.2%	2,604	682	145	1,038	1,096	1,345
Total profit (loss) for period	30.7%	7,595	5,811	5,086	3,233	2,832	2,282
Other comp. income net of taxes	-181.3%	-81.9	103	147	-72.83	-376.98	-58.24
Total Comprehensive Income	27%	7,513	5,914	5,233	3,160	2,455	2,224
Earnings Per Share, Basic	31.1%	113.57	86.895	76.055	48.34	42.35	34.13
Earnings Per Share, Diluted	31.1%	113.57	86.895	76.055	48.34	42.35	34.13
Debt equity ratio	-	0	0	0	0	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	16.4%	6,957	5,977	4,348	14,769	6,061	5,636
Other Income	16%	631	544	738	557	460	471
Total Income	16.4%	7,588	6,521	5,085	15,326	6,521	6,107
Cost of Materials	3.4%	3,180	3,076	1,448	6,498	2,810	1,969
Purchases of stock-in-trade	-4.5%	150	157	123	287	140	157
Employee Expense	-5.8%	1,293	1,372	1,244	1,387	1,297	1,192
Finance costs	-	0.07	0	0.13	31	0.35	0.3
Depreciation and Amortization	56.8%	277	177	149	644	212	349
Other expenses	8.2%	557	515	658	2,629	491	560
Total Expenses	22.8%	5,553	4,524	3,503	9,548	4,839	4,457
Profit Before exceptional items and Tax	1.9%	2,035	1,997	1,582	5,778	1,681	1,650
Exceptional items before tax	-120.4%	0	5.89	0	0	0	0
Total profit before tax	1.6%	2,035	2,003	1,582	5,778	1,681	1,650
Current tax	2.6%	551	537	146	1,495	536	535
Deferred tax	301.4%	52	-24.32	0.97	-8.83	-108.33	-120.29
Total tax	17.6%	602	512	147	1,486	428	415
Total profit (loss) for period	-3.8%	1,433	1,490	1,436	4,292	1,254	1,235
Other comp. income net of taxes	172.4%	26	-33.51	16	-89.28	-25.74	35
Total Comprehensive Income	0.1%	1,459	1,457	1,452	4,203	1,228	1,270
Earnings Per Share, Basic	-4%	21.42	22.28	21.47	64.18	18.74	18.47
Earnings Per Share, Diluted	-4%	21.42	22.28	21.47	64.18	18.74	18.47

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	12.8%	30,381	26,927	24,620	22,755	21,438	-
Other Income	13.6%	1,897	1,670	985	358	294	-
Total Income	12.9%	32,278	28,598	25,605	23,113	21,732	-
Cost of Materials	23.5%	12,346	9,994	8,752	7,765	8,165	-
Purchases of stock-in-trade	-16%	671	799	657	821	587	-
Employee Expense	7.8%	5,291	4,910	4,604	4,305	4,778	-
Finance costs	-45.6%	32	58	58	259	348	-
Depreciation and Amortization	-21.2%	1,407	1,785	1,111	1,178	999	-
Other expenses	-18.1%	4,290	5,236	4,606	2,056	2,377	-
Total Expenses	-0.1%	22,079	22,091	20,380	18,843	17,889	-
Profit Before exceptional items and Tax	56.7%	10,198	6,507	5,225	4,270	3,843	-
Exceptional items before tax	-	0	0	0	2.02	119	-
Total profit before tax	56.7%	10,198	6,507	5,225	4,272	3,962	-
Current tax	127.6%	2,905	1,277	707	596	1,180	-
Deferred tax	49.3%	-301.07	-594.77	-562.62	442	-84.01	-
Total tax	282.2%	2,604	682	145	1,038	1,096	-
Total profit (loss) for period	30.8%	7,621	5,828	5,080	3,239	2,873	-
Other comp. income net of taxes	-181.5%	-82.14	103	147	-72.54	-376.05	-
Total Comprehensive Income	27.1%	7,539	5,931	5,227	3,167	2,497	-
Earnings Per Share, Basic	31.1%	113.95	87.14	75.96	48.435	42.96	-
Earnings Per Share, Diluted	31.1%	113.95	87.14	75.96	48.435	42.96	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	16.4%	6,957	5,976	4,348	14,769	6,061	5,636
Other Income	16.5%	631	542	736	557	460	469
Total Income	16.4%	7,589	6,519	5,084	15,326	6,521	6,105
Cost of Materials	3.7%	3,176	3,064	1,448	6,489	2,806	1,967
Purchases of stock-in-trade	-4.5%	150	157	123	287	140	157
Employee Expense	-5.7%	1,296	1,375	1,248	1,391	1,300	1,196
Finance costs	6.1%	0.08	0.02	0.14	31	0.36	0.32
Depreciation and Amortization	55.9%	277	178	149	644	212	350
Other expenses	8.4%	558	515	658	2,629	491	560
Total Expenses	23%	5,552	4,514	3,506	9,543	4,838	4,458
Profit Before exceptional items and Tax	1.6%	2,037	2,005	1,578	5,783	1,683	1,647
Exceptional items before tax	-120.4%	0	5.89	0	0	0	0
Total profit before tax	1.3%	2,037	2,011	1,578	5,783	1,683	1,647
Current tax	2.6%	551	537	146	1,495	536	535
Deferred tax	301.4%	52	-24.32	0.97	-8.83	-108.33	-120.29
Total tax	17.6%	602	512	147	1,486	428	415
Total profit (loss) for period	-4.6%	1,440	1,510	1,437	4,309	1,262	1,237
Other comp. income net of taxes	172.4%	26	-33.54	16	-90.09	-25.59	35
Total Comprehensive Income	-0.7%	1,466	1,477	1,453	4,219	1,236	1,271
Earnings Per Share, Basic	-4.9%	21.53	22.59	21.49	64.43	18.86	18.49
Earnings Per Share, Diluted	-4.9%	21.53	22.59	21.49	64.43	18.86	18.49

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	HAL	Aerospace
PE	34.51	43.09
PS	8.70	9.17
Growth	14.4 %	9.9 %

Shareholder Name	Holding %
HDFC MUTUAL FUND	1.14%

Investor Care
Dividend Yield	1.34%
Dividend/Share (TTM)	60
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	130.04

Financial Health
Current Ratio	1.72
Debt/Equity	0.00
Debt/Cashflow	0.00

Balance Sheet for Hindustan Aeronautics

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	21%	5,147	4,254	2,020	4,439	2,554	3,069
Loans, current	30%	14	11	12	7.62	9.72	8.06
Total current financial assets	4.8%	46,611	44,457	37,143	35,528	29,957	27,827
Inventories	31.2%	17,353	13,226	13,897	12,161	14,703	14,364
Current tax assets	-	269	0	98	0	72	0
Total current assets	12.1%	70,647	63,016	56,142	51,878	47,815	44,999
Property, plant and equipment	2.5%	5,919	5,773	5,775	5,792	5,928	5,920
Capital work-in-progress	6.2%	994	936	785	636	939	948
Investment property	0%	0.02	0.02	0.03	0.03	0.03	0.03
Non-current investments	0.7%	1,507	1,497	1,385	1,385	1,295	1,294
Loans, non-current	-11.7%	5.07	5.61	5.82	6.21	5.78	6.23
Total non-current financial assets	1.1%	1,912	1,891	1,807	1,798	1,711	1,704
Total non-current assets	5.2%	15,752	14,968	15,624	15,231	13,718	13,314
Total assets	10.8%	86,399	77,984	71,766	67,117	61,541	58,321
Total non-current financial liabilities	2.4%	518	506	535	527	534	526
Provisions, non-current	-0.3%	1,560	1,564	1,341	1,333	1,267	1,248
Total non-current liabilities	13.7%	14,339	12,614	12,345	12,786	16,396	14,037
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	-7.8%	5,405	5,864	5,318	5,245	4,207	4,410
Provisions, current	-2.7%	7,408	7,610	6,768	6,777	4,769	5,056
Current tax liabilities	-100.3%	0	300	0	267	0	799
Total current liabilities	12.8%	40,974	36,323	34,334	30,825	24,293	25,020
Total liabilities	13%	55,313	48,937	46,679	43,611	40,690	39,057
Equity share capital	0%	334	334	334	334	334	334
Total equity	7%	31,086	29,046	25,087	23,506	20,852	19,264
Total equity and liabilities	10.8%	86,399	77,984	71,766	67,117	61,541	58,321

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	21%	5,147	4,255	2,021	4,441	2,555	3,070
Loans, current	30%	14	11	12	7.76	9.8	8.21
Total current financial assets	4.8%	46,619	44,467	37,152	35,539	29,968	27,829
Inventories	31.3%	17,353	13,218	13,884	12,149	14,690	14,347
Current tax assets	-	269	0	98	0	72	0
Total current assets	12.1%	70,655	63,017	56,139	51,877	47,813	44,986
Property, plant and equipment	2.5%	5,926	5,780	5,782	5,799	5,935	5,928
Capital work-in-progress	6.2%	995	937	786	637	940	949
Investment property	0%	0.02	0.02	0.03	0.03	0.03	0.03
Non-current investments	0.6%	1,398	1,390	1,288	1,290	1,198	1,195
Loans, non-current	-11.7%	5.07	5.61	5.82	6.21	5.78	6.23
Total non-current financial assets	1.1%	1,810	1,791	1,718	1,709	1,621	1,611
Total non-current assets	5.3%	15,874	15,078	15,716	15,319	13,817	13,398
Total assets	10.8%	86,530	78,095	71,855	67,204	61,639	58,392
Total non-current financial liabilities	2.4%	519	507	536	528	535	527
Provisions, non-current	-0.4%	1,572	1,578	1,354	1,347	1,282	1,263
Total non-current liabilities	13.6%	14,352	12,629	12,360	12,801	16,412	14,053
Borrowings, current	-	0	0	0	0	0	0
Total current financial liabilities	-7.8%	5,404	5,864	5,320	5,245	4,209	4,411
Provisions, current	-2.7%	7,409	7,611	6,768	6,778	4,769	5,057
Current tax liabilities	-100.3%	0	300	0	267	0	799
Total current liabilities	12.8%	40,975	36,324	34,336	30,827	24,296	25,023
Total liabilities	13%	55,327	48,953	46,696	43,628	40,708	39,075
Equity share capital	0%	334	334	334	334	334	334
Non controlling interest	-0.4%	3.63	3.64	3.56	3.74	3.73	3.75
Total equity	7.1%	31,203	29,142	25,159	23,576	20,930	19,317
Total equity and liabilities	10.8%	86,530	78,095	71,855	67,204	61,639	58,392

Cash Flow for Hindustan Aeronautics

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	20%	31	26	2.47
Change in inventories	-207.6%	-2,066.89	1,922	1,765
Depreciation	-21.2%	1,406	1,784	1,222
Impairment loss / reversal	-97.7%	15	597	64
Dividend income	39.3%	2.95	2.4	1.96
Adjustments for interest income	9%	1,633	1,498	424
Net Cashflows from Operations	-12%	10,195	11,591	11,093
Income taxes paid (refund)	-28.6%	1,969	2,756	1,053
Net Cashflows From Operating Activities	-6.9%	8,226	8,836	10,040
Proceeds from sales of PPE	71.7%	7.97	5.06	3.17
Purchase of property, plant and equipment	17.2%	916	782	799
Purchase of intangible assets	-16%	839	999	701
Purchase of other long-term assets	11.1%	101	91	235
Dividends received	39.3%	2.95	2.4	1.96
Interest received	136.6%	1,745	738	226
Other inflows (outflows) of cash	-36.7%	-6,300.53	-4,607.68	-11,249.62
Net Cashflows From Investing Activities	-11.8%	-6,411.73	-5,734.34	-12,763.37
Repayments of borrowings	-	0	0	9.07
Payments of lease liabilities	-125.7%	0.31	3.68	0
Dividends paid	18%	1,973	1,672	1,338
Interest paid	-54.5%	26	56	2.36
Net Cashflows from Financing Activities	-15.4%	-1,998.85	-1,731.3	-1,349.05
Net change in cash and cash eq.	-113.6%	-184.84	1,370	-4,072.34

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	20%	31	26	2.53
Change in inventories	-208.1%	-2,070.49	1,917	1,766
Depreciation	-21.2%	1,407	1,785	1,223
Impairment loss / reversal	-97.7%	15	597	64
Adjustments for interest income	9%	1,634	1,499	425
Net Cashflows from Operations	-12%	10,192	11,585	11,086
Income taxes paid (refund)	-28.6%	1,969	2,756	1,053
Net Cashflows From Operating Activities	-6.9%	8,223	8,830	10,033
Proceeds from sales of PPE	71.7%	7.97	5.06	3.17
Purchase of property, plant and equipment	17.2%	916	782	799
Purchase of intangible assets	-16%	839	999	701
Purchase of other long-term assets	5.3%	100	95	235
Dividends received	39.3%	2.95	2.4	1.96
Interest received	136.4%	1,746	739	227
Other inflows (outflows) of cash	-37%	-6,301.08	-4,598.49	-11,246.15
Net Cashflows From Investing Activities	-11.9%	-6,410.05	-5,728.02	-12,759.51
Repayments of borrowings	-	0	0	9.07
Payments of lease liabilities	-125.7%	0.31	3.68	0
Dividends paid	18%	1,973	1,672	1,338
Interest paid	-54.5%	26	56	2.36
Net Cashflows from Financing Activities	-15.4%	-1,998.85	-1,731.3	-1,349.05
Net change in cash and cash eq.	-113.7%	-186.08	1,370	-4,075.78

Valuation
Market Cap	3 LCr
Price/Earnings (Trailing)	34.55
Price/Sales (Trailing)	8.7
EV/EBITDA	23.68
Price/Free Cashflow	37.23
MarketCap/EBT	26.33

Fundamentals
Revenue (TTM)	34.52 kCr
Rev. Growth (Yr)	16.37%
Rev. Growth (Qtr)	16.41%
Earnings (TTM)	8.7 kCr
Earnings Growth (Yr)	14.13%
Earnings Growth (Qtr)	-4.68%

Profitability
Operating Margin	33.03%
EBT Margin	33.05%
Return on Equity	27.87%
Return on Assets	10.05%
Free Cashflow Yield	2.69%

Is Hindustan Aeronautics Better than it's peers?

Detailed comparison of Hindustan Aeronautics against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LT	Larsen & ToubroCivil Construction	4.57 LCr	2.52 LCr	-5.01%	-7.06%	27.66	1.81	+16.75%	+10.26%
BEL	Bharat ElectronicsAerospace & Defense	2.28 LCr	23.96 kCr	-0.71%	+34.37%	45.59	9.5	+28.15%	+39.82%
MAZDOCK	Mazagon Dock ShipbuildersShip Building & Allied Services	1.21 LCr	12.52 kCr	+0.68%	+30.17%	44.05	9.68	+33.13%	+71.93%
BDL	Bharat DynamicsAerospace & Defense	54.39 kCr	2.76 kCr	+6.55%	+54.70%	96.16	19.7	+5.24%	+18.66%
BHARATFORG	Bharat ForgeAuto Components & Equipments	52.71 kCr	15.64 kCr	-8.03%	-13.12%	61.45	3.37	+1.71%	+5.79%
COCHINSHIP	Cochin ShipyardShip Building & Allied Services	40.24 kCr	4.66 kCr	-2.57%	+22.08%	50.37	8.64	+35.25%	+41.70%
MIDHANI	Mishra Dhatu NigamAerospace & Defense	5.77 kCr	1.1 kCr	+3.81%	-30.04%	57.18	5.25	+5.24%	-9.59%
MTARTECH	MTAR TechAerospace & Defense	4.38 kCr	641.38 Cr	+7.93%	-24.49%	99.52	6.83	-0.43%	-46.50%

HAL - Hindustan Aeronautics Limited Share Price

What does Hindustan Aeronautics Limited do?

Income Statement for Hindustan Aeronautics

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Sector Comparison: HAL vs Aerospace & Defense

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Balance Sheet for Hindustan Aeronautics

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Is Hindustan Aeronautics Better than it's peers?

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