Hindustan Aeronautics financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹5,515cr+14.4% on Q1 FY26
Net profit
₹1,590cr+14.9% on Q1 FY26
EBITDA margin
27.7%+1.1 pts on Q1 FY26
EPS
₹23.77+14.9% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue5,5154,819+14.4%
EBITDA1,5271,282+19.1%
EBITDA margin27.7%26.6%+1.1 pts
Profit before tax2,1231,844+15.1%
Net profit1,5901,384+14.9%
EPS₹23.77₹20.69+14.9%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹5,515 crNet profit₹1,590 crNet margin28.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,24,358————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3,7683,7684,5494,2554,441
3.53.53.63.63.7
3,20,594————
33,78533,08930,98130,38126,927
—+6.8%+2.0%+12.8%—
10,0149,7709,6089,7416,679
29.6%29.5%31.0%32.1%24.8%
8,5418,4158,2688,3344,894
9,3219,1168,3647,6215,828
27.6%27.6%27.0%25.1%21.6%
₹139.38₹136.30₹125.07₹113.95₹87.14
—+9.0%+9.8%+30.8%—
—10,90613,6438,2238,830
—−1,935−1,295−1,755−1,781
8,9728,97212,3486,4687,049
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

HAL₹4,850.00

Hindustan Aeronautics Ltd.

· Capital Goods & Defence
₹ CrorePeersBELBDLMAZDOCKSIEMENSTMCVENRINCUMMINSINDABBMcap ₹3.24L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,24,358.3
- Cash, Equiv & ST Investments4,440.84,254.74,548.63,767.73,767.7
+ Minority Interest3.73.63.63.53.5
Enterprise Value————3,20,594.1
Revenue26,927.530,381.130,981.033,088.833,785.0
Growth %, YoY—+12.8+2.0+6.8—
EBITDA6,679.29,741.19,608.19,769.810,014.2
Margin %24.8032.0631.0129.5329.64
EBIT4,894.58,333.98,267.78,415.08,540.6
Net Income5,827.77,621.08,364.19,115.59,321.4
Margin %21.6425.0827.0027.5527.59
EPS, Adj (current shares)87.14113.95125.07136.30139.38
Growth %, YoY—+30.8+9.8+9.0—
Cash from Operations8,829.78,222.813,643.510,906.4—
Capital Expenditures-1,781.2-1,755.2-1,295.0-1,934.6—
Free Cash Flow7,048.56,467.712,348.58,971.88,971.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

HAL financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Hindustan Aeronautics (NSE: HAL) had a market capitalisation of ₹3,25,689 crore at the 29 October 2026 close (₹4,869.90 a share), a PE ratio of 34.9 on the last four quarters' profit and a price-to-book ratio of 7.94. In FY26 its consolidated net profit was ₹9,116 crore on revenue of ₹33,089 crore; in Q1 FY27 (April–June 2026) it was ₹1,590 crore, up 14.9% year on year. It had no borrowings on 31 March 2026. Promoters held 71.64% of the shares on 30 September 2026.

HAL Q2 FY27 results date
12 November 2026
Share price used
₹4,869.90 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

HAL at a glance · consolidated

Market cap
₹3,25,689 Crat ₹4,869.90 · 29 Oct close
PE ratio (last 4 quarters)
34.935.7 on FY26 profit
Price to book (PB)
7.94book value ₹613.67 a share
ROE (FY26)
24.0%−2.1 pts vs FY25ROCE 11.2%
Debt to equity
0.00net cash ₹46,197 Cr
Promoter holding
71.64%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.92%₹45 a share in 12 months
Net worth
₹41,041 Cr+17.3% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹8,972 Cr−27.3% vs FY25

Questions

What is the HAL PE ratio today?

HAL's PE ratio is 34.9 at the 29 October 2026 close (₹4,869.90 a share): a market capitalisation of ₹3,25,689 crore divided by consolidated net profit of ₹9,321 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹9,116 crore) it is 35.7.

What is the HAL net worth?

HAL's net worth — shareholders' equity in its consolidated balance sheet — was ₹41,041 crore on 31 March 2026, up 17.3% from ₹34,982 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,25,689 crore at the 29 October 2026 close.

What is the HAL book value per share?

HAL's book value per share was ₹613.67 on 31 March 2026: shareholders' equity of ₹41,041 crore divided by the 66.88 crore shares in issue, up 17.3% from ₹523.07 a year earlier. The share price at the 29 October 2026 close was ₹4,869.90.

What is the HAL PB ratio (price to book value)?

HAL's price-to-book (PB) ratio is 7.94 at the 29 October 2026 close: a market capitalisation of ₹3,25,689 crore divided by shareholders' equity (book value) of ₹41,041 crore on 31 March 2026. That is a book value of ₹613.67 per share against a share price of ₹4,869.90.

What is the HAL ROE and ROCE?

In FY26, HAL's return on equity (ROE) was 24.0% and its return on capital employed (ROCE) was 11.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 26.1% and ROCE 15.9%.

What is the HAL dividend yield?

HAL's dividend yield is 0.92% at the 29 October 2026 close: dividends of ₹45 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,869.90. They were ₹10 on 14 August 2026 and ₹35 on 18 February 2026 (interim).

What is the HAL market cap?

HAL's market capitalisation was ₹3,25,689 crore (₹3.26 lakh crore) at the 29 October 2026 close: 66.88 crore shares at ₹4,869.90 each.

Is HAL debt free?

Yes. HAL had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹46,197 crore of cash, bank balances and current investments.

What is the HAL debt to equity ratio?

HAL's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹41,045 crore. A year earlier, on 31 March 2025, it was 0.00.

What is the HAL EPS?

HAL's basic earnings per share (EPS) were ₹136.30 in FY26, against ₹125.07 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹139.38.

What is the HAL promoter holding?

Promoters held 71.64% of HAL on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

When are the HAL next results?

HAL will announce its Q2 FY27 results (July–September 2026) on Thursday, 12 November 2026, the date of the board meeting it has notified to the exchanges.

What is the HAL dividend in 2026 and its record date?

In 2026, HAL has declared two dividends totalling ₹45 a share: ₹35 (interim) with record date 18 February 2026 and ₹10 with record date 14 August 2026.

What is the HAL free cash flow?

In FY26, HAL generated ₹10,906 crore of cash from operations and spent ₹1,935 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹8,972 crore. In FY25 it was ₹12,348 crore.

What are the HAL latest quarterly results?

HAL's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹1,590 crore, up 14.9% from ₹1,384 crore in Q1 FY26; revenue from operations ₹5,515 crore, up 14.4% year on year.

What is the HAL shareholding pattern?

On 30 September 2026, HAL's shares were held by promoters 71.64%, foreign portfolio investors (FII/FPI) 9.42%, domestic institutions (DII) 12.56% (including mutual funds at 6.72%) and retail and other non-institutional investors 6.38%. Over the year, FII holding was down 2.58 percentage points from 12.00% and DII holding was up 3.85 percentage points from 8.71%.

How does the HAL PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, HAL's PE ratio is 35.7, the second highest of the three: BEL 44.6 and Mazagon Dock 27.5, a peer average of 36.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.

HAL vs BEL: how do they compare?

In FY26, HAL earned net profit of ₹9,116 crore on revenue of ₹33,089 crore, against ₹6,062 crore on ₹27,610 crore for BEL. HAL's operating margin was 25.4% (BEL 27.1%) and its return on equity 24.0% (BEL 27.6%). At the 29 October 2026 close, HAL's market capitalisation was ₹3,25,689 crore against ₹2,70,463 crore for BEL, and its PE ratio on FY26 profit 35.7 against 44.6.

What is the HAL revenue and profit in FY26?

In FY26 (April 2025–March 2026), HAL's consolidated net profit was ₹9,116 crore, up 9.0% from ₹8,364 crore in FY25, on revenue from operations of ₹33,089 crore (up 6.8%). Over three years, from FY23, net profit was up 56.4%.

How does HAL compare with its peers?

On FY26 consolidated figures, against BEL and Mazagon Dock: HAL's operating margin of 25.4% is the second highest of the three (BEL 27.1%, Mazagon Dock 16.7%; peer average 21.9%); its return on equity of 24.0% is the lowest of the three (BEL 27.6%, Mazagon Dock 29.2%; peer average 28.4%); its revenue growth over three years of 7.1% a year is the lowest of the three (BEL 15.9% a year, Mazagon Dock 18.4% a year; peer average 17.2% a year).

Where do these HAL figures come from?

From Hindustan Aeronautics' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.