HAL
Hindustan Aeronautics Limited (HAL) Stock Analysis
Hindustan Aeronautics Limited is an Indian PSU aerospace and defence manufacturer building aircraft, helicopters, and avionics for armed forces. It maintains fleets and develops platforms such as Tejas and Dhruv. The company is strategically vital to Indian defence. It is listed on Indian stock exchanges.
Industrials › Aerospace & Defense
₹4,655.60
+1.19% 1W | -3.80% 52W
Market Cap
311.4k CR
P/E Ratio
33.4
52W High
₹5149.9
52W Low
₹3479.1
Div. Yield
0.97%
Beta
0.5
50 DMA
₹4831.6
200 DMA
₹4406.5
Profit Margin
27.6%
Inst. Own.
16.3%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,915 | 5,636 | 6,061 | 14,769 | 4,348 | 5,976 | 6,957 | 13,700 | 4,819 | 6,629 | 7,699 | 13,942 | 5,515 |
| Expenses | 3,039 | 4,108 | 4,626 | 8,867 | 3,357 | 4,336 | 5,275 | 8,405 | 3,537 | 5,071 | 5,828 | 8,884 | 3,988 |
| Operating Profit | 877 | 1,528 | 1,435 | 5,901 | 991 | 1,640 | 1,683 | 5,295 | 1,282 | 1,558 | 1,871 | 5,059 | 1,527 |
| OPM % | 22% | 27% | 24% | 40% | 23% | 27% | 24% | 39% | 27% | 24% | 24% | 36% | 28% |
| Other Income | 414 | 474 | 467 | 569 | 742 | 560 | 637 | 669 | 757 | 895 | 927 | 1,164 | 912 |
| Interest | 0 | 0 | 0 | 31 | 0 | 0 | 0 | 8 | 0 | 0 | 1 | 4 | 0 |
| Depreciation | 201 | 350 | 212 | 644 | 149 | 178 | 277 | 736 | 185 | 226 | 310 | 634 | 304 |
| Profit before tax | 1,089 | 1,651 | 1,689 | 5,795 | 1,584 | 2,023 | 2,042 | 5,219 | 1,854 | 2,227 | 2,487 | 5,584 | 2,134 |
| Tax % | 25% | 25% | 25% | 26% | 9% | 25% | 30% | 24% | 25% | 25% | 25% | 25% | 26% |
| Net Profit | 814 | 1,237 | 1,262 | 4,309 | 1,437 | 1,510 | 1,440 | 3,977 | 1,384 | 1,669 | 1,867 | 4,196 | 1,590 |
| EPS in Rs | 12.17 | 18.49 | 18.86 | 64.43 | 21.49 | 22.59 | 21.53 | 59.46 | 20.69 | 24.96 | 27.91 | 62.74 | 23.77 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,939 | 16,758 | 17,950 | 18,520 | 20,008 | 21,445 | 22,755 | 24,620 | 26,927 | 30,381 | 30,981 | 33,089 | 33,785 |
| Expenses | 13,560 | 14,285 | 14,719 | 15,071 | 15,457 | 16,531 | 17,397 | 19,205 | 20,242 | 20,630 | 21,360 | 23,301 | 23,771 |
| Operating Profit | 2,379 | 2,474 | 3,231 | 3,449 | 4,551 | 4,914 | 5,357 | 5,415 | 6,686 | 9,752 | 9,621 | 9,788 | 10,014 |
| OPM % | 15% | 15% | 18% | 19% | 23% | 23% | 24% | 22% | 25% | 32% | 31% | 30% | 30% |
| Other Income | 1,650 | 1,608 | 1,058 | 776 | 376 | 423 | 365 | 985 | 1,673 | 1,923 | 2,608 | 3,743 | 3,897 |
| Interest | 15 | 6 | 16 | 35 | 178 | 360 | 267 | 65 | 64 | 43 | 22 | 24 | 6 |
| Depreciation | 822 | 863 | 681 | 947 | 1,025 | 999 | 1,178 | 1,111 | 1,785 | 1,407 | 1,340 | 1,355 | 1,474 |
| Profit before tax | 3,191 | 3,213 | 3,592 | 3,243 | 3,725 | 3,979 | 4,277 | 5,225 | 6,510 | 10,225 | 10,867 | 12,152 | 12,432 |
| Tax % | 25% | 38% | 27% | 39% | 37% | 28% | 24% | 3% | 10% | 25% | 23% | 25% | |
| Net Profit | 2,399 | 2,004 | 2,625 | 1,990 | 2,328 | 2,883 | 3,239 | 5,080 | 5,828 | 7,621 | 8,364 | 9,116 | 9,321 |
| EPS in Rs | 24.89 | 27.72 | 36.30 | 29.76 | 34.82 | 43.10 | 48.44 | 75.96 | 87.14 | 113.96 | 125.07 | 136.30 | 139.38 |
| Dividend Payout % | 20% | 31% | 30% | 54% | 28% | 39% | 31% | 26% | 32% | 31% | 32% | 33% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 8.0% | 7.0% |
| Profit CAGR | 16.0% | 23.0% | 16.0% |
Shareholding Pattern
Promoters71.64%
FIIs11.90%
DIIs8.67%
Public7.72%
Promoters71.64%
FIIs12.00%
DIIs8.64%
Public7.64%
Promoters71.64%
FIIs10.86%
DIIs9.68%
Public7.77%
Promoters71.64%
FIIs10.21%
DIIs10.43%
Public7.66%
Promoters71.64%
FIIs9.34%
DIIs11.90%
Public7.03%
Promoters71.65%
FIIs9.07%
DIIs13.93%
Public5.34%
Promoters71.64%
FIIs12.42%
DIIs9.58%
Public6.36%
Promoters71.64%
FIIs12.08%
DIIs8.26%
Public7.97%
Promoters71.64%
FIIs10.21%
DIIs10.43%
Public7.66%
Promoters71.64%
FIIs9.34%
DIIs11.90%
Public7.03%
HAL
Holdings Analysis
Key strengths & risk signals
71
Overall
80
Fundamental
62
Technical
Risks (3)
NEGLIGIBLE DIVIDEND! 0.97% yield - little to no income.
RECOVERY MODE! Current price (4655.6) above 200-day but below 50-day.
WEAK YEAR! Stock declined 3.8% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (4831.6) is above 200-day average (4406.5) - positive signal.
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
UPPER HALF! Trading at 70.4% of 52W range - positive territory.
Fundamental & Technical Analysis
71Overall
80Fundamental
62Technical
Fundamental Breakdown
Growth Quality
21/30
Revenue CAGR: 6.4% (MODERATE, 8/15). Profit CAGR: 16.1% (VERY GOOD, 13/15).
Profit Margin
9/10
EXCELLENT EFFICIENCY! 27.6% profit margin - company keeps strong profits.
PEG Valuation
7/10
OVERVALUED! PEG of 2.07 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.97% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 5.81% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (4831.6) is above 200-day average (4406.5) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (4655.6) above 200-day but below 50-day.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
3/10
WEAK YEAR! Stock declined 3.8% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 837,011 vs down days: 700,949. Ratio: 1.19x
RSI
3/5
NEUTRAL! RSI at 44.9 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 70.4% of 52W range - positive territory.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 1.2% (1 week), -6.9% (1 month), 3.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
HAL
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-22 | Concall PDF |
Peer Comparison
Industrials · Aerospace & Defense · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HAL | ₹4,655.60 | 33.4 | 27.6% | 6.4% | 16.1% | -3.8% | 71 | APPROACHING RESISTANCE | +14.9% | -62.1% | +14.4% | -60.4% |
| BEL | ₹368.10 | 43.8 | 21.4% | 15.5% | 26.6% | -7.6% | 68 | BREAKDOWN | +8.7% | -52.6% | +24.9% | -45.7% |
| MAZDOCK | ₹2,010.00 | 28.4 | 20.1% | 19.6% | 32.2% | -30.7% | 65 | BREAKDOWN | +21.5% | -19.1% | +12.1% | -23.6% |
| BDL | ₹1,075.90 | 75.7 | 18.8% | -0.9% | 6.1% | -31.7% | 49 | BREAKDOWN | +549.2% | +4.9% | +144.8% | +15.8% |
| MEGASOFT | ₹190.00 | 7.9 | 80.8% | – | – | +161.2% | 53 | CONSOLIDATING DOWN | -104.2% | -99.6% | – | – |
| COCHINSHIP | ₹1,230.00 | 47.6 | 13.5% | 26.9% | 33.0% | -29.7% | 62 | BREAKDOWN | -19.3% | -45.2% | +2.4% | -26.3% |
| GRSE | ₹2,046.00 | 29.3 | 10.7% | 40.0% | 48.6% | -22.8% | 68 | BREAKDOWN | +43.8% | -43.0% | +38.5% | -14.4% |
| DATAPATTNS | ₹4,084.80 | 82.6 | 28.5% | 26.8% | 29.8% | +50.9% | 75 | BREAKDOWN | -13.3% | -84.0% | +16.8% | -66.4% |
Data from TradeAlone · Updated daily
