Hindustan Aeronautics cash flow

Latest FY26

Cash from operations: ₹10,906cr−20.1% on FY25
Capital spending: ₹1,935cr+49.4% on FY25
Free cash flow: ₹8,972cr−27.3% on FY25
Cash from financing: −₹3,350cr−₹2,579 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	1,367	1,363	1,407	1,785
	—	0.0	0.0	15.0	597
	—	5.8	8.7	31.4	25.8
	—	−3,088	−2,287	−1,634	−1,499
	—	0.9	−1.7	2.2	−2.9
	—	0.1	0.0	0.5	0.0
	—	−1.4	−1.9	−5.9	−3.4
	—	0.0	0.3	0.0	0.0
	—	−9,180	−8,535	−2,070	1,917
	—	−2,804	−4,177	−2,474	−1,749
	—	95.7	171	−191	25.1
	—	−37.6	−9.7	−8.2	12.1
	—	−5,613	−3,009	−1,154	−1,380
	—	70.8	227	−9.4	−282
	—	−674	1,693	278	577
	—	426	239	−8.1	361
	—	56.2	22.0	11.1	31.8
	—	−8.6	3,693	2,729	2,219
	—	19,866	14,441	−228	−1,281
	—	1,304	2,519	3,226	3,725
	—	0.0	0.0	76.8	0.0
Cash from operating activities
	12,387	12,108	10,827	10,198	6,507
	—	1,787	6,355	−6.2	5,079
	—	13,895	17,182	10,192	11,585
	—	2,989	3,538	1,969	2,756
	—	10,906	13,643	8,223	8,830
Cash from investing activities
	—	1,485	930	916	782
	—	449	365	839	999
	—	80.4	3.4	8.0	5.1
	—	615	462	0.0	0.0
	—	115	107	100	94.7
	—	7.4	12.9	10.5	0.0
	—	5.8	4.9	3.0	2.4
	—	3,044	2,555	1,746	739
	—	−8,795	−11,457	−6,301	−4,598
	—	−8,337	−10,771	−6,410	−5,728
Cash from financing activities
	—	1.3	0.0	0.3	3.7
	—	5.2	37.1	25.7	55.7
	—	3,344	2,541	1,973	1,672
	—	−3,350	−2,579	−1,999	−1,731
	—	−781	294	−186	1,370
	—	−781	294	−186	1,370
	—	0.2	0.2	4,255	4,441
Reference items
	10,014	9,770	9,608	9,741	6,679
	29.6%	29.5%	31.0%	32.1%	24.8%
	8,972	8,972	12,348	6,468	7,049
	—	8,967	12,311	6,442	—
	₹134.15	₹134.15	₹184.64	₹96.71	₹105.39
	35.25×	—	—	—	—
	—	1.20×	1.63×	1.08×	1.52×
	—	2,989	3,538	1,969	2,756
	—	5.2	37.1	25.7	55.7

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

alphave

HAL₹4,729.00

Hindustan Aeronautics Ltd.

· Capital Goods & Defence

₹ CrorePeersBEL BDL MAZDOCK SIEMENS TMCV ENRIN CUMMINSIND ABBMcap ₹3.16L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	1,784.7	1,407.2	1,362.7	1,367.2	—
+ Impairment Loss / (Reversal)	597.4	15.0	0.0	0.0	—
+ Finance Costs	25.8	31.4	8.7	5.8	—
+ Interest Income	-1,499.1	-1,634.4	-2,287.4	-3,087.9	—
+ Fair Value (Gains) / Losses	-2.9	2.2	-1.7	0.9	—
+ Other Non-cash Items	0.0	0.5	0.0	0.1	—
+ Other — Cash Effects are Investing / Financing	-3.4	-5.9	-1.9	-1.4	—
+ Other Reconciling Items	0.0	0.0	0.3	0.0	—
Changes in Working Capital
+ Inventories	1,917.2	-2,070.5	-8,534.9	-9,180.4	—
+ Trade Receivables — Current	-1,749.5	-2,474.4	-4,177.1	-2,803.9	—
+ Other Financial Assets — Current	25.1	-190.8	171.5	95.7	—
+ Other Financial Assets — Non-current	12.1	-8.2	-9.7	-37.6	—
+ Other Current Assets	-1,380.1	-1,153.6	-3,008.8	-5,613.5	—
+ Other Non-current Assets	-282.0	-9.4	226.7	70.8	—
+ Trade Payables — Current	577.4	277.9	1,692.8	-673.9	—
+ Other Financial Liabilities — Current	361.0	-8.1	238.7	426.4	—
+ Other Financial Liabilities — Non-current	31.8	11.1	22.0	56.2	—
+ Other Current Liabilities	2,219.2	2,728.6	3,693.3	-8.6	—
+ Other Non-current Liabilities	-1,280.7	-227.8	14,441.2	19,866.5	—
+ Provisions — Current	3,724.8	3,226.3	2,518.7	1,304.2	—
+ Provisions — Non-current	0.0	76.8	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	6,506.6	10,198.4	10,826.6	12,108.3	12,387.0
+ Total Adjustments (incl. Working Capital)	5,078.8	-6.2	6,355.0	1,786.7	—
Cash from Operations (pre-tax)	11,585.4	10,192.2	17,181.6	13,895.0	—
+ Income Taxes Paid	2,755.7	1,969.3	3,538.2	2,988.6	—
Cash from Operating Activities	8,829.7	8,222.8	13,643.5	10,906.4	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	782.4	916.4	930.1	1,485.2	—
+ Acq of Intangible Assets	998.8	838.8	364.9	449.4	—
+ Disp of Fixed Assets	5.1	8.0	3.4	80.4	—
+ Acq of Intangibles under Development	0.0	0.0	461.9	614.6	—
+ Acq of Other Long-term Assets	94.7	100.1	106.9	115.0	—
+ Acq of Interests in Joint Ventures	0.0	10.5	12.9	7.4	—
+ Dividends Received — Investing	2.4	3.0	4.9	5.8	—
+ Interest Received — Investing	738.9	1,745.9	2,554.6	3,043.9	—
+ Other Inflows / (Outflows) — Investing	-4,598.5	-6,301.1	-11,457.2	-8,795.4	—
Cash from Investing Activities	-5,728.0	-6,410.1	-10,771.1	-8,336.9	—
Cash from Financing Activities
+ Payment of Lease Liabilities	3.7	0.3	0.0	1.3	—
+ Interest Paid	55.7	25.7	37.1	5.2	—
+ Dividends Paid	1,671.9	1,972.9	2,541.4	3,343.9	—
Cash from Financing Activities	-1,731.3	-1,998.9	-2,578.5	-3,350.4	—
Net Changes in Cash (pre-FX)	1,370.4	-186.1	293.9	-780.9	—
Net Changes in Cash	1,370.4	-186.1	293.9	-780.9	—
Closing Cash	4,440.8	4,254.7	0.2	0.2	—
Reference Items
EBITDA	6,679.2	9,741.1	9,608.1	9,769.8	10,014.2
EBITDA Margin %	24.80	32.06	31.01	29.53	29.64
Free Cash Flow (CFO − Capex)	7,048.5	6,467.7	12,348.5	8,971.8	8,971.8
Free Cash Flow to Equity	—	6,442.0	12,311.3	8,966.6	—
Free Cash Flow per Basic Share	105.39	96.71	184.64	134.15	134.15
Price to Free Cash Flow	—	—	—	—	35.25
Cash Flow to Net Income	1.52	1.08	1.63	1.20	—
Cash Paid for Taxes	2,755.7	1,969.3	3,538.2	2,988.6	—
Cash Paid for Interest	55.7	25.7	37.1	5.2	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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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%.