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Hindustan Aeronautics Ltd

HAL

Hindustan Aeronautics Ltd

HAL
IndustrialsAerospace & Defense Equipments
LargecapWith a market cap of ₹2,73,331 cr, stock is ranked 27
Moderate RiskStock is 2.98x as volatile as Nifty
4,087.050.00% (+0.00)
4,087.050.00% (+0.00)

Price Chart

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IndustrialsAerospace & Defense Equipments
LargecapWith a market cap of ₹2,73,331 cr, stock is ranked 27
Moderate RiskStock is 2.98x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsAerospace & Defense Equipments
LargecapWith a market cap of ₹2,73,331 cr, stock is ranked 27
Moderate RiskStock is 2.98x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.099.380.86%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
47.226.580.58%

Forecast & Ratings

Detailed Forecast 
85%
Analysts have suggested that investors can buy this stock

from 13 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Hindustan Aeronautics is an Indian state-owned aerospace and defence company

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.65%, vs industry avg of 8.49%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 84.91% to 88.57%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 26.76%, vs industry avg of 24.96%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue18,366.6019,008.1219,295.4420,384.4921,867.6723,246.6025,604.9528,600.4532,304.1833,492.28
Raw Materialssubtract9,175.608,425.617,712.807,301.758,483.248,467.869,151.7410,536.9612,718.8921,186.56
Power & Fuel Costsubtract233.80171.87175.78182.21151.37183.39200.47202.55210.48
Employee Costsubtract3,274.303,570.494,310.684,311.034,777.624,305.174,604.424,910.375,290.69
Selling & Administrative Expensessubtract226.78222.30209.90352.05155.55138.35179.90215.60241.69
Operating & Other expensessubtract1,374.122,328.962,661.893,309.932,963.144,443.575,068.124,376.392,167.75
Depreciation/Amortizationsubtract862.80680.68947.091,025.26998.521,157.891,110.531,784.671,407.171,182.94
Interest & Other Itemssubtract5.9016.4534.62177.60359.59266.8965.2464.4142.6331.93
Taxes & Other Itemssubtract1,209.00966.951,252.211,396.031,095.821,037.53144.49681.762,603.832,573.10
EPS11.8818.1518.8234.8243.1148.5475.9687.14113.96127.36
DPS8.7011.0716.099.9016.6315.0020.0027.5035.0035.00
Payout ratio0.730.610.850.280.390.310.260.320.310.27

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual report

PDF

Investor Presentation

Jun 25PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 16PDF
FY 2022

Annual report

PDF

Investor Presentation

Mar 9PDF
FY 2023

Annual report

PDF

Investor Presentation

Nov 15PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsAerospace & Defense Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hindustan Aeronautics Ltd35.879.380.86%
Bharat Dynamics Ltd59.209.970.53%
Data Patterns (India) Ltd66.769.160.30%
Paras Defence and Space Technologies Ltd123.248.91—

Price Comparison

Compare HAL with any stock or ETF
Compare HAL with any stock or ETF
HAL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.64%5.10%3.27%11.85%8.13%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep11.91%12.63%12.94%12.42%11.68%11.85%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Hindustan Aeronautics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Defence Fund - Growth - Direct Plan

Growth
0.3076%20.32%2.63%1/24 (+1)
HDFC Flexi Cap Fund - Growth - Direct Plan

Growth
0.2986%1.23%-0.27%21/60 (-1)
Kotak Equity Arbitrage Fund - Growth - Direct Plan

Growth
0.2521%1.25%-0.27%141/181 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.86%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.61 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 21, 2024

Final
Final | Div/Share: ₹13.00

Dividend/Share

₹13.00

Ex DateEx Date

Aug 21, 2024

Cash Dividend

Ex DateEx DateFeb 20, 2024

Interim 1
Interim 1 | Div/Share: ₹22.00

Dividend/Share

₹22.00

Ex DateEx Date

Feb 20, 2024

Cash Dividend

Ex DateEx DateAug 24, 2023

Final
Final | Div/Share: ₹15.00

Dividend/Share

₹15.00

Ex DateEx Date

Aug 24, 2023

Cash Dividend

Ex DateEx DateMar 20, 2023

Interim 2
Interim 2 | Div/Share: ₹20.00

Dividend/Share

₹20.00

Ex DateEx Date

Mar 20, 2023

Cash Dividend

Ex DateEx DateNov 18, 2022

Interim 1
Interim 1 | Div/Share: ₹20.00

Dividend/Share

₹20.00

Ex DateEx Date

Nov 18, 2022

News & Opinions
Earnings
Hindustan Aeronautics consolidated net profit rises 22.14% in the September 2024 quarter

Net profit of Hindustan Aeronautics rose 22.14% to Rs 1510.48 crore in the quarter ended September 2024 as against Rs 1236.70 crore during the previous quarter ended September 2023. Sales rose 6.04% to Rs 5976.29 crore in the quarter ended September 2024 as against Rs 5635.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales5976.295635.70 6 OPM %27.4427.11 - PBDT2194.382001.07 10 PBT2016.811651.42 22 NP1510.481236.70 22 Powered by Capital Market - Live

17 hours agoCapital Market - Live
Earnings
Hindustan Aeronautics standalone net profit rises 20.65% in the September 2024 quarter

Net profit of Hindustan Aeronautics rose 20.65% to Rs 1490.36 crore in the quarter ended September 2024 as against Rs 1235.30 crore during the previous quarter ended September 2023. Sales rose 6.05% to Rs 5976.55 crore in the quarter ended September 2024 as against Rs 5635.81 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales5976.555635.81 6 OPM %27.2827.13 - PBDT2174.121999.50 9 PBT1996.681650.05 21 NP1490.361235.30 21 Powered by Capital Market - Live

17 hours agoCapital Market - Live
Spotlight
HAL gains after Q2 PAT rises 22% YoY to Rs 1,510 cr

Revenue from operations increased 6.04% YoY to Rs 5,976.29 crore in the quarter ended 30 September 2024. Profit before exceptional items and tax surged 22.12% YoY to Rs 2,016.81 crore in Q2 FY25. The firm reported exceptional items of Rs 5.89 crore during the quarter. Total expenses rose 1.25% YoY to Rs 4,513.92 crore during the quarter. Cost of materials consumed was at Rs 3,063.99 crore (up 55.75% YoY) while employee benefits expense stood at Rs 1,375.32 crore (up 15% YoY) during the period under review. On half year basis, the company's consolidated net profit climbed 43.72% to Rs 2,947.64 crore in H1 FY25 as compared to Rs 2,050.94 crore recorded in H1 FY24. However revenue from operations grew 8.09% YoY to Rs 10,323.79 crore in H1 FY25. The company's board has approved the appointment of Barenya Senapati, currently Director (Finance), as the Chief Financial Officer (CFO) of the company. Hindustan Aeronautics (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. Powered by Capital Market - Live

18 hours agoCapital Market - Live
Corporate
Hindustan Aeronautics to discuss results

Hindustan Aeronautics will hold a meeting of the Board of Directors of the Company on 14 November 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
GoI grants Maharatna status to Hindustan Aeronautics

Hindustan Aeronautics has been granted 'Maharatna' status by Department of Public Enterprises, Ministry of Finance, Government of India.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Hindustan Aeronautics Management changes

Mr. Tapas Ghose has ceased to be the General Manager, (Indgn) of Hindustan Aeronautics upon superannuation with effect from 30th September 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Hindustan Aeronautics announces change in directorate

Hindustan Aeronautics announced that Dr. Rajalakshmi Menon, OS & DG (Aero), DRDO, has been appointed as Part-time Official Director (Government Nominee Director) on the Board of Directors of the Company in place of Muzaffaruddin Siddique Zakiruddin Siddique. The change in effect from 13 September 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
HAL gains after appointing D. K. Sunil as chairman & managing director

Dr. D. K. Sunil did his graduation in Electronics & Communication Engineering from Osmania University, Hyderabad and M. Tech in Aircraft Production Engg from IIT, Madras. He also completed Ph.D in Electronics Science from University of Hyderabad in the year 2019. Sunil joined Hindustan Aeronautics (HAL) in 1987 as a Management Trainee, and has about 37 years of experience in varied roles in the company contributing significantly to design, production, quality enhancement, and customer support issues. Meanwhile, the Ministry of Defence has signed a contract with the company for supply of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF), at a cost of over Rs 26,000 crore. The aeroengines will be manufactured by the Koraput division of the company and are expected to fulfil the need of the Indian air force to sustain the operational capability of the Su-30 fleet for the defence preparedness of the country. The company would supply 30 aero-engines per annum as per the contractual delivery schedule. The supply of all 240 engines would be completed over the period of next eight years. By the end of the delivery programme, the firm would enhance the indigenisation content up to 63% to achieve an average of over 54%. This would also help increase the indigenous content of Repair and Overhaul tasks of the aero-engines. Hindustan Aeronautics (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. The company's consolidated net profit surged 76.5% to Rs 1,437.16 crore in Q1 FY25 as against Rs 814.24 crore posted in Q1 FY24. Revenue from operations was at Rs 4,347.50 crore in Q1 FY25, up 11.04% as against Rs 3,915.35 crore recorded in Q1 FY24.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Hindustan Aeronautics secures contract of Rs 26,000 cr

Hindustan Aeronautics announced that consequent upon approval of the Cabinet Committee on Security (CCS), the Ministry of Defence has signed a Contract today with the Company for supply of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF), at a cost of over Rs. 26,000 crore.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
DAC approves proposals worth Rs 1.44 cr for enhancing India's defence capabilities

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Rajnath Singh on 03 September  2024, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore. Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (Indian-Indigenously Designed Developed and Manufactured) categories. For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared. The FRCV will be a futuristic Main Battle Tank with superior mobility, all terrain ability, multilayered protections, precision & lethal fires over and real-time situational awareness. The AoN was also accorded for procurement of Air Defence Fire Control Radars, which will detect & track aerial target and provide firing solution. The proposal has also been approved for Forward Repair Team (Tracked) which has suitable cross country mobility for carrying out in-situ repair during mechanised operations. This equipment is designed & developed by Armoured Vehicles Nigam, and is authorised for both mechanised Infantry Battalion and Armoured Regiment. Three AoNs have been accorded to enhance the capabilities of the Indian Coast Guard (ICG). The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of maritime zone, search & rescue and disaster relief operations.Powered by Capital Market - Live

2 months agoCapital Market - Live