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Hindustan Aeronautics Ltd share price logo

Hindustan Aeronautics Ltd

(HAL)

₹4669.650.2%

as on 04:01PM, 13 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Hindustan Aeronautics Ltd Analyst Rating

based on 14 analysts

BUY

93.33%

Buy

0.00%

Hold

6.67%

Sell

Based on 14 analysts offering long term price targets for Hindustan Aeronautics Ltd. An average target of ₹5149.86

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd Share analysis

Hindustan Aeronautics Ltd price forecast by 14 analysts

Upside of10.28%

High

₹5902

Target

₹5149.86

Low

₹3800

Hindustan Aeronautics Ltd target price ₹5149.86, a slight upside of 10.28% compared to current price of ₹4669.65. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd Performance

  • Day's Low

    Day's High

    ₹4,660.55
    ₹4,755
  • 52 Week's Low

    52 Week's High

    ₹2,585
    ₹5,674.75
1 Month Return+ 14.25 %
3 Month Return+ 1.57 %
1 Year Return+ 68.4 %
Previous Close₹4,660.55
Open₹4,754.50
Volume33.12L
Upper Circuit-
Lower Circuit-
Market Cap₹3,11,685.93Cr

Hindustan Aeronautics Ltd Key Statistics

P/E Ratio36.66
PEG Ratio0.99
Market Cap₹3,11,685.93 Cr
P/B Ratio7.66
EPS113.95
Dividend Yield1.05
SectorAerospace & Defence
ROE28.9

Hindustan Aeronautics Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,11,685.93 Cr227.89%0.65₹7,620 Cr₹30,381 Cr
BUY₹2,81,913.89 Cr85.6%0.53₹1,961 Cr₹19,553 Cr
BUY₹2,28,759.53 Cr167.44%0.53₹3,943 Cr₹20,268 Cr
BUY₹44,977.22 Cr156.44%0.75NANA

About Hindustan Aeronautics Ltd

Hindustan Aeronautics Limited (HAL) is a premier aerospace and defense company in India, specializing in the design, manufacture, and maintenance of aircraft, helicopters, and related systems. The company was incorporated in 1964, although its roots date back to 1940 when it was established by Walchand Hirachand in Bangalore, Karnataka. HAL's registration office is located in Bangalore, and it is registered under the Company Identification Number (CIN) L35301KA1963GOI001622.
HAL operates primarily in the aerospace sector, with a broad range of products and services, including aircraft production, aerospace components manufacturing, and aircraft servicing. The company does not have specific sub-brands but functions under its name across different divisions like Aircraft, Helicopter, and Aerospace. HAL mainly operates in India, with several production and service facilities across the country. A notable fact about HAL is that it is one of the largest aerospace companies in Asia and has played a crucial role in India’s defense sector by developing indigenous aircraft like the Tejas Light Combat Aircraft. Another significant aspect of HAL is its collaboration with various global aerospace companies for technology transfers and joint ventures.
HAL is a government-owned entity under the Ministry of Defence, India, serving as its parent company. The company has been involved in various mergers and acquisitions over the years, mainly focusing on consolidating its position in the aerospace and defense industry and enhancing its capabilities in manufacturing and technology.

Share Price: ₹4669.65 per share as on 13 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,11,685.93Cr as of today
Revenue: ₹5,976.29Cr as on September 2024 (Q3 24)
Net Profit: ₹1,510.49Cr as on September 2024 (Q3 24)
Listing date: 28 Mar, 2018
Chairperson Name: C B Ananthakrishnan
OrganisationHindustan Aeronautics Ltd
HeadquartersBangalore
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Key events for Hindustan Aeronautics Ltd

  • HAL Secures Major Defence Deal Worth Rs 13,500 Crore - 14 Dec, 2024

    Hindustan Aeronautics has signed a Rs 13,500 crore deal with the Ministry of Defence for 12 Su-30 MKI aircraft, enhancing India's defence capabilities and supporting the Aatmanirbhar Bharat initiative. The deal emphasizes indigenisation, with 62.6% local content, and strengthens HAL's order backlog to Rs 1.2 lakh crore.
  • HAL Secures Major Defense Contract Boosting Stock - 13 Dec, 2024

    Hindustan Aeronautics Ltd has signed a ₹13,500 crore contract with the Ministry of Defence for 12 Su-30MKI aircraft, featuring significant indigenization. The deal strengthens defense capabilities and reflects positively on HAL's stock, which has seen a rise in value. Analysts project a favorable growth outlook with a robust order pipeline.
  • HAL Secures Major Defence Contract for Sukhoi Jets - 12 Dec, 2024

    The Ministry of Defence has signed a Rs 13,500 crore contract with Hindustan Aeronautics Ltd for 12 Su-30MKI aircraft, featuring 62.6% indigenous content. This deal supports India's Aatmanirbhar Bharat initiative and strengthens the Indian Air Force's operational capabilities.
  • HAL Shows Positive Technical Indicators - 09 Dec, 2024

    Hindustan Aeronautics Ltd (HAL) is recognized for its role in India's defense sector. Recent technical analysis indicates a positive slope on the HAL/BSECG ratio chart and a classic re-accumulation phase on the daily chart, suggesting potential growth.
  • HAL Establishes High-Performance Sports Centre in Bengaluru - 07 Dec, 2024

    Hindustan Aeronautics Limited (HAL) has partnered with the National Sports Development Fund and Sports Authority of India to create a high-performance sports centre in Bengaluru, focusing on athlete development through advanced scientific facilities. This initiative reflects HAL's commitment to enhancing India's sporting future.
  • HAL Receives Positive Outlook Amid Procurement Contracts - 05 Dec, 2024

    Hindustan Aeronautics Ltd (HAL) is projected to benefit from new contracts and strong order inflows, despite facing production delays. Nirmal Bang maintains a Buy rating with a target price of Rs 5,509, indicating a potential upside of 22%. The company is also set to procure six Advanced Light Helicopters for the Indian Coast Guard.
  • Hindustan Aeronautics Stock Surges on Defence Boost - 04 Dec, 2024

    Hindustan Aeronautics Ltd (HAL) sees stock gains after the Defence Ministry approves acquisitions worth Rs 21,772 crore. Geojit recommends buying HAL with a target of Rs 5,470, highlighting strong growth potential amid a robust order book.
  • HAL Recognized Among Top Earning Companies - 03 Dec, 2024

    Hindustan Aeronautics Limited has been recognized in the top 100 companies, collectively earning US$6.7 billion, reflecting a 5.8% growth from the previous year.
  • HAL Reports Strong Q2 Growth Amid Defense Sector Optimism - 30 Nov, 2024

    Hindustan Aeronautics Limited (HAL) shows robust performance in Q2FY25 with a 23.10% net profit margin and revenue growth. JPMorgan notes significant growth potential in India's defense sector.
  • HAL Pursues Major Engine Manufacturing Deal in Russia - 29 Nov, 2024

    Hindustan Aeronautics Limited's chairman is in Russia to finalize a deal for the licensed production of 240 AL-31FP engines for Su-30MKI jets, enhancing India's defense capabilities.
  • Hindustan Aeronautics Gains Momentum with Positive Developments - 27 Nov, 2024

    Hindustan Aeronautics Ltd experiences a surge in market cap and positive analyst coverage. The company signs a significant contract for manufacturing Su-30MKI engines, indicating strong growth potential.
  • JPMorgan Initiates Coverage on Hindustan Aeronautics - 26 Nov, 2024

    JPMorgan has initiated coverage on Hindustan Aeronautics Ltd. with an Overweight rating and a target price of Rs 5,135, indicating a potential upside. The stock has seen fluctuations, down 24.39% from its 52-week high but has delivered significant returns over the past year.
  • Hindustan Aeronautics Sees Market Cap Surge and New Orders - 25 Nov, 2024

    Hindustan Aeronautics Limited's shares rose 4.06%, increasing its market cap significantly. The company also secured contracts worth Rs 26,000 crore, raising its order book to Rs 1,20,000 crore, reflecting strong growth prospects.
  • Hindustan Aeronautics Reports Strong Q2 Results - 20 Nov, 2024

    Hindustan Aeronautics reported a 6.05% increase in net sales to Rs 5,976.55 crore for September 2024, with net profit rising 20.65% to Rs 1,490.36 crore. EBITDA also grew by 8.72%, and EPS increased to Rs 22.28.
  • IAF Delays in Tejas Aircraft Deliveries - 19 Nov, 2024

    The Indian Air Force has ordered 83 Tejas Mark-1A aircraft from HAL, but no deliveries have occurred yet. HAL must fulfill its commitment to produce 24 aircraft annually to mitigate delays.
  • Hindustan Aeronautics Reports Strong Growth and New Orders - 18 Nov, 2024

    Hindustan Aeronautics Ltd (HAL) showcases robust growth with a 43.4% PAT increase in H1FY25 and a significant order book. Analysts maintain positive outlooks, citing strong future potential and recent military contracts with Guyana. The stock has seen notable price movements, reflecting investor confidence.
  • Hindustan Aeronautics Reports Strong Q2 FY25 Results - 15 Nov, 2024

    Hindustan Aeronautics Ltd announced a 22.14% increase in Q2 FY25 profit, reaching ₹1,510.48 crore, alongside a 6.04% revenue growth. Analysts remain optimistic, with a consensus recommendation shifting towards 'Buy'.

Insights on Hindustan Aeronautics Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 7.87% to 8.13% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 1.43K Cr → 1.51K Cr (in ₹), with an average increase of 4.9% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, HAL stock has moved up by 610.7%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 11.68% to 11.85% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 5.08K Cr → 6.53K Cr (in ₹), with an average increase of 22.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.64% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.84% to 5.10% in Sep 2024 quarter

Hindustan Aeronautics Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹5,635.70Cr (-)₹6,061.28Cr (↑7.55%)₹14,768.75Cr (↑143.66%)₹4,347.50Cr (↓70.56%)₹5,976.29Cr (↑37.46%)
Net Income₹1,236.67Cr (-)₹1,261.51Cr (↑2.01%)₹4,308.68Cr (↑241.55%)₹1,437.14Cr (↓66.65%)₹1,510.49Cr (↑5.10%)
Net Profit Margin21.94% (-)20.81% (↓5.15%)29.17% (↑40.17%)33.06% (↑13.34%)25.27% (↓23.56%)
Value in ₹ crore
Details2021202220232024
Total Assets₹53,022.16Cr (-)₹60,183.35Cr (↑13.51%)₹70,729.53Cr (↑17.52%)₹82,195.22Cr (↑16.21%)
Total Liabilities₹37,653.98Cr (-)₹40,919.35Cr (↑8.67%)₹47,223.36Cr (↑15.41%)₹53,148.80Cr (↑12.55%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,536.65Cr (-)₹15,123.94Cr (↑884.22%)₹10,180.43Cr (↓32.69%)₹8,835.50Cr (↓13.21%)₹8,225.74Cr (↓6.90%)

Index Inclusions

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₹15,858.48

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S&P BSE Momentum

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S&P BSE Largecap

₹9,650.28

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Nifty LargeMidcap 250

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Hindustan Aeronautics Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.64%
0.00
Foreign Institutions
11.85%
1.47
Mutual Funds
5.1%
-12.59
Retail Investors
8.13%
3.35
Others
3.27%
10.09

Hindustan Aeronautics Ltd Key Indicators

Details20202021202220232024
Return On Equity %22.4922.6829.3727.1728.9
Details20202021202220232024
Return On Assets %5.336.128.448.249.27
Details20202021202220232024
Book Value Per Share (₹)198.1230.63288.78352.47435.69
Details20202021202220232024
Earning Per Share (₹)43.1148.5375.9687.14113.95

Hindustan Aeronautics Ltd Valuation

Hindustan Aeronautics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.55x)

March 24, 2020

Today (36.66x)

December 13, 2024

Industry (59.63x)

December 13, 2024

Highest (48.56x)

June 18, 2024

LowHigh

Hindustan Aeronautics Ltd Earnings and Dividends

  • Hindustan Aeronautics Ltd Earnings Results

    Hindustan Aeronautics Ltd’s net profit jumped 22.14% since last year same period to ₹1,510.48Cr in the Q2 2024-2025. On a quarterly growth basis, Hindustan Aeronautics Ltd has generated 5.1% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Hindustan Aeronautics Ltd Dividends June,2024

    In the quarter ending March 2024, Hindustan Aeronautics Ltd has declared dividend of ₹13 - translating a dividend yield of 1.07%.

    Read More about Dividends

Hindustan Aeronautics Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Hindustan Aeronautics Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Hindustan Aeronautics Ltd

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Hindustan Aeronautics Ltd (HAL) share price today is ₹4669.65

Hindustan Aeronautics Ltd is listed on NSE

Hindustan Aeronautics Ltd is listed on BSE

  • Today’s highest price of Hindustan Aeronautics Ltd is ₹4755.
  • Today’s lowest price of Hindustan Aeronautics Ltd is ₹4660.55.

PE Ratio of Hindustan Aeronautics Ltd is 36.66

PE ratio = Hindustan Aeronautics Ltd Market price per share / Hindustan Aeronautics Ltd Earnings per share

Today’s traded volume of Hindustan Aeronautics Ltd(HAL) is 33.12L.

Today’s market capitalisation of Hindustan Aeronautics Ltd(HAL) is ₹311685.93Cr.

Hindustan Aeronautics Ltd(HALPrice
52 Week High
₹5674.75
52 Week Low
₹2585

Hindustan Aeronautics Ltd(HAL) share price is ₹4669.65. It is down -17.71% from its 52 Week High price of ₹5674.75

Hindustan Aeronautics Ltd(HAL) share price is ₹4669.65. It is up 80.64% from its 52 Week Low price of ₹2585

Hindustan Aeronautics Ltd(HALReturns
1 Day Returns
9.1%
1 Month Returns
14.25%
3 Month Returns
1.57%
1 Year Returns
68.4%