HAL · NSE
Hindustan Aeronautics Limited
₹4,800.3
+0.26% (+₹12.3)
Prev. close
₹4,788
Volume
9,72,849
Delivery %
51.6%
As of
18 Sept 2026
Price history
Ajit Mishra · Religare Broking · 11 Sept 2026
“Bullish on Hindustan Aeronautics Limited (HAL), recommending a buy with a target price of ₹5,350 and a stop loss of ₹4,750. HAL has maintained underlying strength, defended its key weekly long-term moving average, and broke out of a triangular consolidation, signaling renewed buying interest and a firmly positive short- to medium-term structure.”
Entry ≈ ₹4,923.9 (first trade after call)Target ₹5,350 (+8.7%)Stop ₹4,750 (-3.5%)R:R ~2.5:1Stopped out · 15 Sept 2026
Analyst sentiment
Analysts lean bullish
5 analyst stances · last 90 days · one per analyst
Trackable
4 · 4 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Initiated 'buy' on Hindustan Aeronautics (HAL) with a target of ₹6,350, implying a 35.3% upside. The defence sector is u…” | HSBC AnalysisHSBC | Hindustan Aeronautics | PENDING | ||||
| “Bullish on Hindustan Aeronautics Limited (HAL), recommending a buy with a target price of ₹5,350 and a stop loss of ₹4,7…” | Ajit MishraReligare Broking | Hindustan Aeronautics | PENDING | ||||
“Bullish on Hindustan Aeronautics Limited (HAL), recommending a buy with a target price of ₹5,350 and a stop loss of ₹4,750. HAL has maintained underlying strength, defended its key weekly long-term moving average, and broke out of a triangular consolidation, signaling renewed buying interest and a firmly positive short- to medium-term structure.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Bullish on Hindustan Aeronautics (HAL), recommending a buy at Rs 4,860–4,910 for a target of Rs 5,370, with a stop loss …” | Dharmesh ShahICICI Securities | Hindustan Aeronautics Ltd | PENDING | ||||
| “Goldman Sachs upgraded Hindustan Aeronautics (HAL) to 'buy' from 'neutral', raising its price target to ₹5,870 from ₹5,5…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Hindustan Aeronautics | PENDING | ||||
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Hindustan Aeronautics (HAL) due to its strong combination of visibility and near-term catalysts. Also bullish…” | Harshal DasaniINVasset PMS | Hindustan Aeronautics | PENDING |
Fundamentals
About Hindustan Aeronautics Limited
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. It serves national and international defense customers, as well as civil customers. Hindustan Aeronautics Limited was incorporated in 1963 and is based in Bengaluru, India.
Details
Sector
Industrials
Industry
Aerospace & Defense
CEO
Mr. Ravi Kota
Headquarters
Bengaluru
Employees
35,566
Website
hal-india.co.inExchange
View on NSE ↗Key stats
Market cap
₹3.20 L Cr
P/E ratio (TTM)
34.3
Dividend yield
0.43%
EPS (TTM)
₹139.46
Beta (1Y · daily vs NIFTY 50)
0.95
Beta (5Y · monthly vs NIFTY 50)
1.63
Shares float
18.32 Cr
EPS · quarter ended Jun 2026
₹23.77
Upcoming earnings
11 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 2.1% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹22,754.54 Cr | ₹24,620.02 Cr | ₹26,927.46 Cr | ₹30,381.08 Cr | ₹30,980.95 Cr | ₹33,088.82 Cr | |
| EBITDA | ₹5,709.63 Cr | ₹6,393.49 Cr | ₹8,949.57 Cr | ₹11,679.11 Cr | ₹12,238.61 Cr | ₹13,524.95 Cr |
| ₹3,239.46 Cr | ₹5,080.04 Cr | ₹5,827.74 Cr | ₹7,621.05 Cr | ₹8,364.13 Cr | ₹9,115.60 Cr | |
| Diluted EPS | ₹48.44 | ₹75.96 | ₹87.14 | ₹113.95 | ₹125.07 | ₹136.3 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹51,764.01 Cr | ₹58,391.98 Cr | ₹67,203.80 Cr | ₹78,095.18 Cr | ₹1.06 L Cr | ₹1.32 L Cr | |
| ₹11.46 Cr | ₹2.49 Cr | ₹2.65 Cr | ₹1.10 Cr | ₹1.16 Cr | ₹10.97 Cr | |
| Stockholders' equity | ₹15,423.90 Cr | ₹19,313.13 Cr | ₹23,572.15 Cr | ₹29,138.00 Cr | ₹34,981.00 Cr | ₹41,041.00 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹15,262.72 Cr | ₹10,032.78 Cr | ₹8,830.00 Cr | ₹8,223.00 Cr | ₹13,643.00 Cr | ₹10,906.00 Cr | |
| Investing cash flow | ₹-1,270.96 Cr | ₹-12,759.51 Cr | ₹-5,728.02 Cr | ₹-6,410.05 Cr | ₹-10,771.09 Cr | ₹-8,336.88 Cr |
| ₹-7,124.93 Cr | ₹-1,349.05 Cr | ₹-1,731.30 Cr | ₹-1,998.85 Cr | ₹-2,578.51 Cr | ₹-3,350.39 Cr | |
| Capital expenditure | ₹-1,317.28 Cr | ₹-1,500.57 Cr | ₹-1,781.00 Cr | ₹-1,755.00 Cr | ₹-1,757.00 Cr | ₹-2,549.00 Cr |
| End cash position | ₹7,146.15 Cr | ₹3,070.37 Cr | ₹4,440.77 Cr | ₹4,254.69 Cr | ₹4,548.55 Cr | ₹3,767.66 Cr |
Debt repaid has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 22(6Q) | Mar 23 | Jun 23–Jun 26(13Q) |
|---|---|---|---|
| Promoter | 75.15% | 71.65% | 71.64% |
| Public | 24.85% | 28.35% | 28.36% |
| Employee trusts | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Polycab India Limited | ₹1.24 L Cr | ₹8,241 | 43.5 | 10.34 | 22.3% | 0.37 | +28.3% | +13.7% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Show all 17
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
51 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.