Hindustan Aeronautics' stock surges over 1% on confirming 97 light combat aircraft order win; shares trade ex-date

This comes after the defence company confirmed that the government cleared the proposal to purchase 97 Light Combat Aircraft Mk-1A, along with associated equipment from HAL for the Indian Air Force.

The proposal was cleared by the Ministry of Defence, Cabinet Committee of Security (CCS) on Tuesday, August 19, HAL said in a regulatory filing.

While the Bengaluru-headquartered company did not reveal the financial specifications of the deal, media reports estimate it to be worth ₹62,000 crore.

HAL shares also traded ex-dividend on August 21. The company’s board of directors had recommended a final dividend of ₹15 per equity share with a face value of ₹5 each, fully paid up for FY25, at a rate of 300%.

HAL Q1 results

During the June quarter of the 2025-26 financial year (Q1FY26), HAL’s consolidated net profit fell 4% year-on-year (YoY) to ₹1,384 crore, compared to ₹1,437 crore in the corresponding period a year earlier.

Its revenue from operations surged 11% YoY to ₹4,819 crore during the quarter under review, as against ₹3,348 crore in the first quarter of FY25.

At an operational level, HAL’s EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹1,282 crore in Q1FY26, marking a 30% YoY growth from ₹990 crore in the June quarter of the previous fiscal year.

Its EBITDA margin expanded to 26.61%, up 380 basis points YoY from 22.78% in Q1FY25.

At around 11:53 am, HAL stocks are trading 0.86% higher at ₹4,491.90 apiece on the NSE.

While the scrip hit a 52-week high of ₹5,165 on May 16, 2025, it reached a year’s low of ₹3,046.05 apiece on March 3, 2025.

Hindustan Aeronautics has a total market capitalisation of ₹3.01 lakh crore, as of August 21, 2025, as per data on the NSE.