Hindustan Aeronautics Limited

BSE: HAL541154ISIN INE066F01020

Industrials
Aerospace & Defense
BSE 100

Share price

₹5,075.00+115.00 (+2.32%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹5,149.90
52W low: ₹3,479.20
Off 52W high: -1.45%
1M return: +8.66%
3M return: +9.93%
6M return: +9.66%
1Y return: +8.35%
20D avg volume: 68,515
50 DMA: ₹4,824.18
200 DMA: ₹4,457.48

Key ratios Consolidated

Market cap: ₹3,39,403 Cr
Current price: ₹5,075.00
52W high / low: ₹5,149.90 / ₹3,479.20
Face value: ₹5.00
P/E: 36.41
P/B: 8.27
EPS (TTM): ₹139.38
Book value / share: ₹613.67
ROE: —
ROCE: 13.70%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-3,768 Cr
Interest cover: 2,092.25
Dividend yield: 0.89%
Dividend / share (TTM): ₹45.00
Payout: 32.29%
Cash conversion cycle: 336.3 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,515	13,942	7,699	6,629	4,819	13,700	6,957	5,976	4,348	14,769	6,061	5,636
	900.24	1,151	913.80	887.67	747.09	651.53	631.40	542.41	736.35	557.31	459.98	469.37
	6,415	15,093	8,613	7,516	5,566	14,351	7,589	6,519	5,084	15,326	6,521	6,105
	4,293	9,522	6,139	5,297	3,722	9,150	5,552	4,514	3,506	9,543	4,838	4,458
	2,777	12,114	4,527	4,069	3,160	11,547	3,176	3,064	1,448	6,489	2,806	1,967
	168.64	208.98	159.23	117.50	105.41	250.20	149.95	156.68	122.54	286.68	139.71	157.01
	1,524	1,725	1,666	1,334	1,383	1,811	1,296	1,375	1,248	1,391	1,300	1,196
	0.35	4.15	0.98	0.36	0.30	8.44	0.08	0.02	0.14	31.41	0.36	0.32
	303.94	634.38	309.76	225.56	185.16	736.49	277.08	177.57	149.23	643.97	212.17	349.65
	548.37	750.58	591.86	823.28	613.44	1,624	416.27	433.02	376.65	419.04	381.27	375.97
	2,123	5,571	2,474	2,220	1,844	5,202	2,037	2,005	1,578	5,783	1,683	1,647
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.89	0.00	0.00	0.00	0.00
	2,123	5,571	2,474	2,220	1,844	5,202	2,037	2,011	1,578	5,783	1,683	1,647
	544.67	1,388	620.15	557.93	470.54	1,242	602.39	512.21	146.58	1,486	427.92	414.75
	1,590	4,196	1,867	1,669	1,384	3,977	1,440	1,510	1,437	4,309	1,262	1,237
	23.77	62.74	27.91	24.96	20.69	59.46	21.53	22.59	21.49	64.43	18.86	18.49
Key metrics
	2,427	6,209	2,785	2,446	2,029	5,946	2,314	2,188	1,727	6,459	1,895	1,997
	44.00%	44.50%	36.20%	36.90%	42.10%	43.40%	33.30%	36.60%	39.70%	43.70%	31.30%	35.40%
	28.80%	30.10%	24.20%	25.20%	28.70%	29.00%	20.70%	25.30%	33.10%	29.20%	20.80%	21.90%
	—	6.30%	—	3.00%	—	8.40%	—	—	—	—	—	—
	14.40%	1.80%	10.70%	10.90%	10.80%	-7.20%	14.80%	6.00%	—	—	—	—
	14.90%	5.50%	29.60%	10.50%	-3.70%	-7.70%	14.10%	22.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	33,785	33,089	30,981	30,381	26,927	24,620	22,755	21,438	19,894	18,624
	3,852	3,699	2,562	1,897	1,670	984.93	358.23	293.91	376.11	761.83
	37,637	36,788	33,543	32,278	28,598	25,605	23,113	21,732	20,270	19,386
	25,250	24,680	22,722	22,079	22,091	20,380	18,843	17,889	16,661	16,074
	23,487	23,871	19,234	12,346	9,994	8,752	7,765	8,165	7,355	7,828
	654.35	591.12	679.37	671.40	799.15	656.68	821.16	587.15	307.49	217.30
	6,249	6,108	5,730	5,291	4,910	4,604	4,305	4,778	4,311	4,312
	5.84	5.79	8.68	32.11	57.97	58.20	259.17	348.46	169.60	5.17
	1,474	1,355	1,340	1,407	1,785	1,111	1,178	998.52	—	—
	2,714	2,779	3,354	1,531	1,561	1,211	1,216	1,449	1,618	1,377
	12,387	12,108	10,821	10,198	6,507	5,225	4,270	3,843	3,609	3,312
	0.00	0.00	5.89	0.00	0.00	0.00	2.02	118.92	0.00	0.00
	12,387	12,108	10,827	10,198	6,507	5,225	4,272	3,962	3,609	3,312
	3,111	3,036	2,503	2,604	681.77	144.65	1,038	1,096	1,345	1,252
	9,321	9,116	8,364	7,621	5,828	5,080	3,239	2,873	2,264	2,073
	139.38	136.30	125.07	113.95	174.28	151.92	96.87	85.92	67.73	—
Key metrics
	13,866	13,469	12,176	11,638	8,349	6,393	5,710	5,309	3,779	3,317
	41.04%	40.70%	39.30%	38.30%	31.00%	26.00%	25.10%	24.80%	19.00%	17.80%
	27.59%	27.50%	27.00%	25.10%	21.60%	20.60%	14.20%	13.40%	11.40%	11.10%
	—	13.70%	17.40%	—	—	—	—	—	—	—
	7.42%	6.80%	2.00%	12.80%	9.40%	8.20%	6.10%	7.80%	6.80%	—
	12.16%	9.00%	9.80%	30.80%	14.70%	56.80%	12.70%	26.90%	9.20%	—
	—	9,421	12,713	—	—	—	—	—	—	—
	—	1.20	1.63	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-3,768	-4,549	—	—	—	—	—	—	—
	—	336.3	250.0	—	—	—	—	—	—	—
Balance sheet
	—	1,32,415	1,06,267	—	—	—	—	—	—	—
	—	1,15,838	90,095	—	—	—	—	—	—	—
	—	3,768	4,549	—	—	—	—	—	—	—
	—	4,066	4,648	—	—	—	—	—	—	—
	—	30,851	21,676	—	—	—	—	—	—	—
	—	13,948	8,345	—	—	—	—	—	—	—
	—	6,168	5,970	—	—	—	—	—	—	—
	—	4,432	5,106	—	—	—	—	—	—	—
	—	44,307	44,095	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	41,045	34,985	—	—	—	—	—	—	—
Cash flow
	—	10,906	13,643	—	—	—	—	—	—	—
	—	-8,337	-10,771	—	—	—	—	—	—	—
	—	-3,350	-2,579	—	—	—	—	—	—	—
	—	1,485	930.09	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,515	13,943	7,699	6,628	4,819	13,700	6,957	5,977	4,348	14,769	6,061	5,636
	902.81	1,152	913.51	888.94	748.94	652.74	631.15	544.00	737.64	557.08	459.69	470.98
	6,418	15,096	8,612	7,517	5,568	14,353	7,588	6,521	5,085	15,326	6,521	6,107
	4,293	9,524	6,141	5,297	3,720	9,152	5,553	4,524	3,503	9,548	4,839	4,457
	2,780	12,121	4,532	4,072	3,162	11,553	3,180	3,076	1,448	6,498	2,810	1,969
	168.64	208.98	159.23	117.50	105.41	250.20	149.95	156.68	122.54	286.68	139.71	157.01
	1,522	1,722	1,664	1,332	1,380	1,808	1,293	1,372	1,244	1,387	1,297	1,192
	0.34	4.13	0.97	0.34	0.29	8.42	0.07	—	0.13	31.39	0.35	0.30
	303.77	634.21	309.58	225.40	185.02	736.26	276.93	177.44	149.07	643.76	212.00	349.45
	547.83	748.22	591.67	823.11	613.16	1,624	415.46	432.30	375.95	418.33	380.62	375.36
	2,125	5,572	2,472	2,220	1,848	5,200	2,035	1,997	1,582	5,778	1,681	1,650
	0.00	0.00	0.00	0.00	0.00	0.00	—	5.89	—	—	—	—
	2,125	5,572	2,472	2,220	1,848	5,200	2,035	2,003	1,582	5,778	1,681	1,650
	544.67	1,388	620.15	557.93	470.54	1,242	602.39	512.21	146.58	1,486	427.92	414.75
	1,581	4,184	1,852	1,663	1,377	3,958	1,433	1,490	1,436	4,292	1,254	1,235
	23.63	62.57	27.69	24.86	20.59	59.19	21.42	22.28	21.47	64.18	18.74	18.47
Key metrics
	2,429	6,210	2,782	2,446	2,033	5,945	2,312	2,180	1,731	6,454	1,894	2,000
	44.00%	44.50%	36.10%	36.90%	42.20%	43.40%	33.20%	36.50%	39.80%	43.70%	31.20%	35.50%
	28.70%	30.00%	24.10%	25.10%	28.60%	28.90%	20.60%	24.90%	33.00%	29.10%	20.70%	21.90%
	—	6.30%	—	3.00%	—	8.40%	—	—	—	—	—	—
	14.40%	1.80%	10.70%	10.90%	10.80%	-7.20%	14.80%	6.00%	—	—	—	—
	14.80%	5.70%	29.30%	11.60%	-4.10%	-7.80%	14.30%	20.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	33,786	33,090	30,981	30,381	26,928	24,620	22,755	21,438	19,894	18,624
	3,858	3,704	2,566	1,899	1,672	986.34	358.67	293.33	376.11	761.21
	37,644	36,794	33,546	32,279	28,600	25,607	23,113	21,732	20,270	19,385
	25,254	24,681	22,732	22,080	22,107	20,375	18,844	17,922	16,643	16,062
	23,505	23,887	19,258	12,363	10,010	8,755	7,772	8,173	7,357	7,829
	654.35	591.12	679.37	671.40	799.15	656.68	821.16	587.15	307.49	—
	6,239	6,097	5,718	5,276	4,896	4,590	4,291	4,764	4,295	—
	5.78	5.73	8.62	32.05	57.91	58.14	259.11	348.40	169.60	5.17
	1,473	1,354	1,340	1,406	1,784	1,110	1,178	997.63	1,028	946.97
	2,711	2,776	3,354	1,528	1,558	1,209	1,214	1,446	1,616	1,375
	12,390	12,112	10,814	10,199	6,493	5,231	4,269	3,809	3,628	3,323
	0.00	0.00	5.89	—	—	—	2.02	118.92	—	—
	12,390	12,112	10,820	10,199	6,493	5,231	4,271	3,928	3,628	3,323
	3,111	3,036	2,503	2,604	681.77	144.65	1,038	1,096	1,345	1,252
	9,279	9,076	8,317	7,595	5,811	5,086	3,233	2,832	2,282	2,070
	138.75	135.71	124.36	113.57	173.79	152.11	96.68	84.70	68.26	—
Key metrics
	13,868	13,472	12,168	11,637	8,335	6,399	5,708	5,274	4,826	4,275
	41.05%	40.70%	39.30%	38.30%	31.00%	26.00%	25.10%	24.60%	24.30%	23.00%
	27.46%	27.40%	26.80%	25.00%	21.60%	20.70%	14.20%	13.20%	11.50%	11.10%
	—	13.80%	17.50%	—	—	—	—	—	—	—
	7.42%	6.80%	2.00%	12.80%	9.40%	8.20%	6.10%	7.80%	6.80%	—
	12.36%	9.10%	9.50%	30.70%	14.20%	57.30%	14.10%	24.10%	10.20%	—
	—	9,435	12,715	—	—	—	—	—	—	—
	—	1.20	1.64	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-3,767	-4,547	—	—	—	—	—	—	—
	—	336.3	250.0	—	—	—	—	—	—	—
Balance sheet
	—	1,32,224	1,06,113	—	—	—	—	—	—	—
	—	1,15,832	90,082	—	—	—	—	—	—	—
	—	3,767	4,547	—	—	—	—	—	—	—
	—	4,066	4,648	—	—	—	—	—	—	—
	—	30,851	21,676	—	—	—	—	—	—	—
	—	13,948	8,345	—	—	—	—	—	—	—
	—	6,161	5,963	—	—	—	—	—	—	—
	—	4,436	5,111	—	—	—	—	—	—	—
	—	44,307	44,096	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	40,863	34,843	—	—	—	—	—	—	—
Cash flow
	—	10,920	13,645	—	—	—	—	—	—	—
	—	-8,346	-10,774	—	—	—	—	—	—	—
	—	-3,353	-2,579	—	—	—	—	—	—	—
	—	1,485	929.74	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +7.11%
Sales CAGR 5Y: +7.78%
Profit CAGR 3Y: +16.02%
Profit CAGR 5Y: +22.93%
Sales YoY (TTM): +7.42%
Profit YoY (TTM): +12.36%

Consolidated

Sales CAGR 3Y: +7.11%
Sales CAGR 5Y: +7.78%
Profit CAGR 3Y: +16.08%
Profit CAGR 5Y: +22.99%
Sales YoY (TTM): +7.42%
Profit YoY (TTM): +12.16%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 71.64%

Quarter	September 2026	June 2026
Promoter %	71.64%	71.64%

Holder	Type	Holding	Previous	Change
President of India	Promoter	71.64%	71.64%	0.00%
LIFE INSURANCE CORPORATION OF INDIA	Public	3.88%	3.35%	+0.53%
ICICI PRUDENTIAL PSU EQUITY FUND	Public	1.04%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hindustan Aeronautics Limited	3,39,403	5,075.00	36.41	13.70%	+7.42% TTM	+12.16% TTM	+8.35%
Bharat Electronics Ltd.	2,90,271	397.10	43.46	31.90%	+20.28% TTM	+12.40% TTM	-4.34%
Bharat Dynamics Limited S	39,479	1,077.00	70.10	7.20%	-18.69% TTM	-7.13% TTM	-27.34%
Garden Reach Shipbuilders & Engineers Limited S	24,610	2,148.40	30.74	36.80%	+39.64% TTM	+42.86% TTM	-15.96%
Data Patterns (India) Limited S	22,853	4,082.00	85.29	21.00%	+33.81% TTM	+24.90% TTM	+51.15%
SIGMA ADVANCED SYSTEMS LIMITED S	17,815	940.15	254.78	46.60%	+32.27% TTM	-51.48% TTM	+325.02%
Apollo Micro Systems Limited	16,157	434.80	123.30	13.50%	+77.12% TTM	+63.98% TTM	+56.46%
Zen Technologies Ltd.	15,581	1,725.70	65.83	15.60%	+4.17% TTM	-12.80% TTM	+22.66%
Astra Microwave Products Ltd.	14,988	1,578.60	79.28	21.00%	+4.02% TTM	+16.28% TTM	+48.95%
Aequs Limited	14,741	219.80	-72.97	1.10%	—	—	—
Paras Defence and Space Technologies Limited	10,201	1,265.85	95.31	16.30%	+41.68% TTM	+56.45% TTM	+82.52%
Unimech Aerospace and Manufacturing Limited	9,014	1,770.80	102.28	12.30%	+40.00% TTM	+10.76% TTM	+77.46%
AXISCADES TECHNOLOGIES LIMITED	8,126	1,910.60	222.97	15.70%	+4.61% TTM	-54.09% TTM	+23.11%
TONBO IMAGING INDIA LIMITED	7,321	1,278.05	—	—	—	—	—
Mishra Dhatu Nigam Limited	7,292	389.25	54.03	8.80%	+18.17% TTM	+13.89% TTM	+2.38%
Centum Electronics Ltd	6,282	4,255.65	126.60	20.70%	-2.14% TTM	+525.07% TTM	+72.77%
Cyient DLM Limited	5,981	753.40	71.22	10.50%	-1.51% TTM	+2.85% TTM	+65.78%
Rossell Techsys Limited	5,487	1,455.70	213.25	32.70%	+82.66% TTM	+68.79% TTM	+132.87%
Avantel Limited	3,686	138.70	186.92	8.60%	+14.57% TTM	-41.41% TTM	-17.29%
IDEAFORGE TECHNOLOGY LIMITED	3,555	715.00	118.44	-2.60%	+263.51% TTM	+132.30% TTM	+50.34%
Jaykay Enterprises Limited	2,757	211.60	15.97	30.00%	+117.55% TTM	+818.57% TTM	—
CFF FLUID CONTROL LIMITED S	2,062	983.00	—	19.80%	—	—	+41.69%
Sika Interplant Systems Ltd.	1,902	897.00	54.88	30.60%	+0.45% TTM	+9.69% TTM	-23.60%
NIBE LIMITED	1,821	1,174.40	-140.29	4.60%	-5.17% TTM	-163.01% TTM	-1.09%
MILLWORKS TECHNOLOGIES LIMITED	1,732	983.30	—	—	—	—	—

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Announcement as attached3 Nov 2026 · Company Update / General
Announcement as Attached28 Oct 2026 · Company Update / Change in Directorate
Hindustan Aeronautics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve Audited Financial Results ....27 Oct 2026 · Board Meeting / Board Meeting
Announcement as attached22 Oct 2026 · Company Update / General
Outcome of Meeting - Change in Directorate7 Oct 2026 · Company Update / Change in Directorate
Announcement as attached2 Oct 2026 · Company Update / Acquisition
Announcement as attached28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Announcement as attached28 Sep 2026 · Company Update / Change in Management
Announcement as attached10 Sep 2026 · Company Update / Change in Directorate
announcement is attached8 Sep 2026 · Company Update / General
announcement is attached8 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
announcement is attached4 Sep 2026 · Company Update / General
Announcement as attached31 Aug 2026 · Company Update / General
Announcement as attached31 Aug 2026 · AGM/EGM / AGM
Announcement is attached28 Aug 2026 · AGM/EGM / AGM
Announcement is attached26 Aug 2026 · Company Update / Press Release / Media Release
Announcement as attached20 Aug 2026 · Company Update / General
Announcement as attached12 Aug 2026 · Result / Financial Results
Announcement is attached5 Aug 2026 · Company Update / Newspaper Publication
Announcement is attached.4 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Announcement attached4 Aug 2026 · AGM/EGM / AGM
Annual Report for the FY 2025-26 is attached4 Aug 2026 · Others / Reg. 34 (1) Annual Report
Hindustan Aeronautics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve audited financial results ....31 Jul 2026 · Board Meeting / Board Meeting
Announcement as attached29 Jul 2026 · Company Update / Change in Management
announcement is attached29 Jul 2026 · Company Update / General
announcement is attached17 Jul 2026 · Company Update / General
Announcement as attached1 Jul 2026 · Company Update / Change in Management
The Board has appointed the Cost Auditors for the FY 2026-2729 Jun 2026 · Company Update / Change in Management
Announcement as attached29 Jun 2026 · Corp. Action / Record Date
Board has Recommended the Final Dividend of Rs. 10 per share for the FY 2025-2629 Jun 2026 · Board Meeting / Outcome of Board Meeting
Announcement as attached26 Jun 2026 · Company Update / Change in Management
Hindustan Aeronautics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2026 ,inter alia, to consider and approve Final Dividend for the FY 2025-2616 Jun 2026 · Board Meeting / Board Meeting
Announcement as attached27 May 2026 · Company Update / Change in Management
Transcript is attached22 May 2026 · Company Update / Analyst / Investor Meet
Announcement as attached15 May 2026 · Company Update / Analyst / Investor Meet
Announcement as attached14 May 2026 · Result / Financial Results
Announcement attached11 May 2026 · Company Update / General
Announcement as attached11 May 2026 · Company Update / Analyst / Investor Meet
Hindustan Aeronautics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve Audited Financial Results ....4 May 2026 · Board Meeting / Board Meeting
Announcement as attached1 May 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 10.0000	14 Aug 2026	14 Aug 2026	—
Interim Dividend - Rs. - 35.0000	18 Feb 2026	18 Feb 2026	—
Final Dividend - Rs. - 15.0000	21 Aug 2025	21 Aug 2025	—
Interim Dividend - Rs. - 25.0000	18 Feb 2025	18 Feb 2025	—
Final Dividend - Rs. - 13.0000	21 Aug 2024	21 Aug 2024	—

Board meetings

12 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results