1. HINDUSTAN AERONAUTICS LTD
stock logo

89% Buy

HINDUSTAN AERONAUTICS LTD Share Price

HAL

₹4,710.00+₹178.30 (3.93%) TodayLast updated on 18 May, 2024 | 09:59 AM IST
₹4,550.00₹4,739.90
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • F&O (Option chain)

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹2,72,506 Cr

Open

₹4,576.00

Close

₹4,531.70

Circuit range

₹4,758.25 - ₹4,305.15

Day range

₹4,550.00 - ₹4,739.90

Year range

₹1,489.85 - ₹4,739.90

Volume

10,37,465

Avg. traded

₹4,659.81

Revenue (12m)

₹28,107 Cr

HINDUSTAN AERONAUTICS LTD

Hindustan Aeronautics Limited (HAL) is a state-owned aerospace and defence company based in Bengaluru. It is a public sector undertaking operating under the Ministry of Defence.

Hindustan Aircraft Limited was founded by Walchand Hirachand in December 1940. The government acquired a one-third stake in HAL in 1941. The HT-2 Trainer aircraft, manufactured by HAL, took its first flight in August 1951. The government established Aeronautics India Limited (AIL) in August 1963 to start the production of MiG-21 aircraft. In October 1964, Hindustan Aircraft Limited merged with Aeronautics India Limited, leading to the formation of HAL as it is known today.

HAL was listed on BSE and National Stock Exchange (NSE) on March 28, 2018. The market capitalisation of Hindustan Aeronautics Limited stood at over ₹1.8 lakh crore as of December 21, 2023. HAL share price has gained 238% in the last three years.

Business operations

The leading defence sector PSU primarily focuses on aerospace services, specialising in the manufacturing and development of aircraft, helicopters, jet engines and components. It operates across multiple locations in India including Bengaluru, Kanpur, Nasik, Koraput, Korwa, Lucknow, Kasaragod and Hyderabad.

HAL's customers include the biggest names in the defence, aerospace and civil aviation sectors. Some of them are the Indian Air Force (IAF), Indian Army, Indian Navy, Indian Coast Guard, Indian Space Research Organisation (ISRO), Defence Research & Development Organisation (DRDO), Border Security Force, Oil & Natural Gas Cooperation (ONGC) and Bharat Heavy Electricals Ltd (BHEL).

HAL has manufactured many products across different categories. Some of the fighter jets built by HAL include the Tejas light combat aircraft, SU-30 MKI, MiG-21 and MiG-27. HAL has also developed Dhruv, Rudra, Cheetah, Chetak, Lancer, Cheetal, LCH and LUH helicopters for IAF and Indian Army.

In FY23, HAL manufactured 22 new aircraft and helicopters which included models such as LCA Tejas, Dornier Do-228, ALH Dhruv, Light Combat Helicopter (LCH) and Light Utility Helicopter (LUH). It also produced 51 new engines and accessories across its different divisions. The company conducted overhauls on 216 aircraft/helicopters and 536 engines within the same period.

The President of India inaugurated HAL's Integrated Cryogenic Engine Manufacturing Facility (ICMF) in Bengaluru on September 27, 2022. ICMF is a central hub for the complete manufacturing of rocket engines for ISRO under one roof. It also signifies a significant step in the Atmanirbhar Bharat Abhiyan and in the production of high-thrust Rocket engines.

Hindustan Aeronautics Limited also has a learning & development centre called the HAL Management Academy (HMA). Established in 1969, HMA has played a significant role in advancing aerospace technology and management. In 2020, it got approval from the All India Council for Technical Education (AICTE) to conduct full-time 24-month post postgraduate diplomas in Aviation Management and Production Management.

Financial highlights

Revenue from operations for FY23 stood at ₹26,927.85 crore, up 9.3% from ₹24,620.21 crore in FY22. Net profit (after tax) stood at ₹5,811.17 crore in FY23 as against ₹5,086.5 crore in FY22. Net profit margin increased to 22% in FY23 compared to 21% in the previous fiscal. Hindustan Aeronautics Limited made a total capital expenditure of ₹2,07,581 crore in FY23. The earnings per share (EPS) of the company stood at ₹173.79 in FY23 compared to ₹152.11 in FY22.

HINDUSTAN AERONAUTICS LTD Key indicators

arrow

52 week high

₹4,739.90

52 week low

₹1,489.85

P/E ratio

40.4

P/B ratio

9.94

ROE

27.17%

ROCE

30.59%

Dividend yield

0.7%

Debt/Equity ratio

EPS

173.78

Learn more

Investment checklist: (3/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

89%

Hold

0%

Sell

11%

This analysis is based on the reviews of 9 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

30.98%

Net profit margin

21.58%

ROE

27.17%

ROA

9.39%

ROCE

30.59%

Learn more

HINDUSTAN AERONAUTICS LTD Shareholder returns

arrow

1 day

+10.07%

1 week

+19.68%

1 month

+23.68%

3 months

+49.53%

1 year

+197.32%

3 years

+836.42%

5 years

+1346.34%

Revenue statement

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

HINDUSTAN AERONAUTICS LTD Share Price history

arrow
DayOpenCloseDay’s change

Shareholding info

arrow

Promoters (71.64%)

Mutual Funds (6.75%)

Retail and other (6.37%)

Foreign institutions-FII (12.42%)

Other domestic institutions (2.82%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹22/share

    Ex date 20 Feb 2024

    expand tab
  • Split • 5:10

    Ex date 27 Sep 2023

    expand tab
  • Dividend • ₹15/share

    Ex date 24 Aug 2023

    expand tab
  • Dividend • ₹20/share

    Ex date 20 Mar 2023

    expand tab
  • Dividend • ₹20/share

    Ex date 18 Nov 2022

    expand tab
  • Dividend • ₹10/share

    Ex date 19 Aug 2022

    expand tab
  • Dividend • ₹26/share

    Ex date 17 Feb 2022

    expand tab
  • Dividend • ₹14/share

    Ex date 23 Nov 2021

    expand tab

Learn more

More

Similar stocks

arrow
Empty state

No data available at the moment

People also bought

arrow
Empty state

No data available at the moment

Frequently asked questions