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Hindustan Aeronautics Ltd (HAL)

₹5489.21.05%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 11 analysts

BUY

84.62%

Buy

7.69%

Hold

7.69%

Sell

Based on 11 analysts offering long term price targets for Hindustan Aeronautics Ltd. An average target of ₹5117.73

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹5,446
    ₹5,578.45
  • 52 Week's Low

    52 Week's High

    ₹1,767.8
    ₹5,674.75
1 Month Return+ 7.64 %
3 Month Return+ 51.25 %
1 Year Return+ 184.86 %
Previous Close₹5,547.60
Open₹5,570.00
Volume13.87L
Upper Circuit-
Lower Circuit-
Market Cap₹3,71,009.62Cr

Key Statistics

P/E Ratio48.17
PEG Ratio1.8
Market Cap₹3,71,009.62 Cr
P/B Ratio3.88
EPS34.815

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option2.37%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth1.84%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.9%
Invesco India Arbitrage Fund Direct Plan Growth OptionInvesco India Arbitrage Fund Direct Plan Growth Option4.8%
HDFC Defence Fund Direct GrowthHDFC Defence Fund Direct Growth21.22%

Company Information

Hindustan Aeronautics Ltd (HAL) is an Indian state-owned aerospace and defence company headquartered in Bangalore, India. Incorporated in 1940, HAL is India's largest defence public sector undertaking (DPSU) and has been involved in the production of a wide range of military aircraft, helicopters and their spare parts.

HAL's operations span across 10 different lines of business, including aircraft, helicopters, aero-engines, avionics, aerospace components, missiles, electronic warfare systems, defence electronics, defence transport aircraft, and civil aerospace. The company produces a range of products, including the Light Combat Aircraft (LCA) Tejas, Hawk Advanced Jet Trainers, Dhruv Advanced Light Helicopters (ALH), Light Combat Helicopters (LCH), and the Sukhoi Su-30MKI fighter jets.

HAL also produces a range of popular brands, including the Cheetah and Chetak helicopters, the Kiran trainer aircraft, the Marut fighter-bomber, the Saras light transport aircraft, and the Dhruv ALH. HAL also produces components for the Jaguar, Mirage 2000, and the Sukhoi Su-30MKI fighter jets.

Share Price: ₹5489.20 per share as on 12 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,71,009.62Cr as of today
Revenue: ₹14,768.75Cr as on March 2024 (Q1 24)
Net Profit: ₹4,308.68Cr as on March 2024 (Q1 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

  • Hindustan Aeronautics to Pay Dividend of Rs 13.00 on Jan 1 - 13 Jul, 2024

    Hindustan Aeronautics will pay a dividend of Rs 13.00 on January 1, resulting in a modest boost for shareholders returns. The company's stock price has increased by 51% in the last three months, and its earnings easily cover the dividend. With EPS forecasted to expand by 33.7%, this is a great income investment with potential for future dividend increases.

  • Indian Defence Companies See Surge in Work Orders - 11 Jul, 2024

    Hindustan Aeronautics Ltd (HAL) is among the Indian defence companies that have gained traction due to increased government contracts and higher defence spending. India's defence expenditure has grown by 10% over the past decade, significantly outpacing the global average of 3%. The government aims to support Indigenous manufacturing and achieve self-sufficiency, supporting these goals through policy reforms and annual increases in defence capital expenditure.

  • HAL Stock Expected to Reach 6000 Levels - 09 Jul, 2024

    Hindustan Aeronautics Ltd (HAL) stock is expected to reach 6000 levels as experts suggest buying on dips. The stock has surged 197% over the past year and triggered a buy signal by the Supertrend indicator on June 18, 2024.

  • HAL's Upside Potential and Strong Buy Rating Attract Investors - 08 Jul, 2024

    Hindustan Aeronautics Limited (HAL) is classified as a strong buy by Nomura with an upside potential of 28%. The company's management has planned a significant Capex for new projects and R&D initiatives, while UBS expects impressive growth rates in sales and net profit. Investor Harshit Kapadia also sees HAL as an attractive stock in his portfolio.

  • Hindustan Aeronautics Ltd Shares Surge Amid Record High Defence Production - 05 Jul, 2024

    Shares of Hindustan Aeronautics Limited surged by more than 1.5% as Indian defence PSUs witness significant returns on equities. Additionally, HAL rose by 0.56% following the announcement that annual Defence production hit a record high.

  • HAL Records Highest-Ever Turnover; Funded Positions in Margin Trading - 04 Jul, 2024

    Hindustan Aeronautics Ltd (HAL) has recorded its highest-ever turnover of Rs 29,810 crore. The company's order book stands at over Rs 94,000 crore. Additionally, HAL is one of the two PSUs with positions funded with borrowed money amounting to ₹1,102 crore.

  • Hindustan Aeronautics Ltd Stock Update - 02 Jul, 2024

    Hindustan Aeronautics Ltd (NSE: HAL) is currently trading at 5,360.90 INR on the National Stock Exchange (NSE), experiencing a decrease of 33.15 INR, or 0.61%, today.

  • Hindustan Aeronautics Reports Strong Financials and Multibagger Returns - 29 Jun, 2024

    Hindustan Aeronautics Limited has reported a strong order book of Rs. 94,000 Crores, net profit margins of 23.52%, and revenue growth of 18.2% YoY. The stock has delivered a multibagger return of 183% in the past year with a healthy Piotroski Score of 7.

  • HAL Declares Final Dividend and Increases Share Capital - 26 Jun, 2024

    Hindustan Aeronautics Ltd (HAL) announces a final dividend of Rs 13/share for FY24, lowest payout since Aug 2022. The company also increases its authorized share capital from Rs 600 crore to Rs 700 crore.

  • Hindustan Aeronautics Reports Strong Q4 Results - 22 Jun, 2024

    Hindustan Aeronautics Ltd has reported a strong Q4FY24 performance with significant revenue growth, high net profit margins, and a large order book. The company's impressive EPS growth and CEO's low compensation make it a valuable addition to investors' watchlists.

  • HAL Receives Order for Light Combat Helicopters; Board Considers Dividend Payout - 19 Jun, 2024

    Hindustan Aeronautics Ltd. receives an order for the procurement of 156 light combat helicopters worth Rs 45,000 - Rs 50,000 crore. The company's board considers a final dividend payout for FY2024 after already paying an interim dividend of ₹22 per share. HAL's strong revenue visibility due to large helicopter orders leads to a surge in stock price. Shares of BDL, HAL, and BEL experience declines up to 5% due to profit booking.

  • HAL Receives Tender Order Worth Rs 50,000 Crore - 18 Jun, 2024

    Hindustan Aeronautics Limited (HAL) shares surge over 5% after receiving a tender order worth Rs 50,000 crore from the Defense Ministry to procure 156 Light Combat Helicopters. HAL's solid order book and robust pipeline ensure double-digit growth for next 3-5 years.

  • HAL Wins Tender Worth Over Rs 45,000 Crore for Procurement of 156 Light Combat Helicopters - 17 Jun, 2024

    Hindustan Aeronautics Limited (HAL) has won a tender worth over Rs 45,000 crore from the Indian Ministry of Defence for the procurement of 156 Light Combat Helicopters. This is part of the government's emphasis on self-reliance in defence manufacturing through Make in India as part of Atmanirbhar Bharat initiatives.

  • HAL Stock Upbeat on Defence Indigenisation and Exports - 14 Jun, 2024

    Hindustan Aeronautics Ltd (HAL) is expected to continue double-digit growth for the next 3-5 years as sentiment around defence indigenisation and exports remains upbeat. Jefferies has maintained a buy rating with a target price of Rs 5,725 apiece. The Union Defence Minister's statement on boosting domestic defence manufacturing and exports will further strengthen HAL's position in the market.

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

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 4.32K Cr → 15.33K Cr (in ₹), with an average increase of 31.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.29% to 6.37% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, HAL stock has moved up by 51.3%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.69% to 6.75% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 814.24 Cr → 4.30K Cr (in ₹), with an average increase of 35.6% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 12.94% to 12.42% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹14,768.75Cr
↑143.66%
Net Income
₹4,308.68Cr
↑241.55%
Net Profit Margin
29.17%
↑40.17%
2023Y/Y Change
Revenue
₹26,927.46Cr
↑9.37%
Net Income
₹5,827.73Cr
↑14.72%
Net Profit Margin
21.64%
↑4.90%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹69,189.58Cr
↑14.96%
Total Liabilities
₹45,683.41Cr
↑11.64%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹8,835.50Cr
↓13.21%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.64%
0.00
Foreign Institutions
12.42%
0.00
Mutual Funds
6.75%
0.00
Retail Investors
6.37%
0.00
Others
2.83%
0.00

Key Indicators

Hindustan Aeronautics Ltd Valuation

Hindustan Aeronautics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.55x)

March 24, 2020

Today (48.17x)

July 12, 2024

Industry (89.10x)

July 12, 2024

Highest (49.33x)

July 8, 2024

LowHigh

Earnings and Dividends

  • Hindustan Aeronautics Ltd Earnings Results

    Hindustan Aeronautics Ltd’s net profit jumped 52.19% since last year same period to ₹4,308.71Cr in the Q4 2023-2024. On a quarterly growth basis, Hindustan Aeronautics Ltd has generated 241.58% 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 0.91%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Hindustan Aeronautics Ltd (HAL) share price today is ₹5489.2

Hindustan Aeronautics Ltd is listed on NSE

Hindustan Aeronautics Ltd is listed on BSE

  • Today’s highest price of Hindustan Aeronautics Ltd is ₹5578.45.
  • Today’s lowest price of Hindustan Aeronautics Ltd is ₹5446.

PE Ratio of Hindustan Aeronautics Ltd is 48.17

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 13.87L.

Today’s market capitalisation of Hindustan Aeronautics Ltd(HAL) is ₹371009.62Cr.

Hindustan Aeronautics Ltd(HALPrice
52 Week High
₹5674.75
52 Week Low
₹1767.8

Hindustan Aeronautics Ltd(HAL) share price is ₹5489.2. It is down -3.27% from its 52 Week High price of ₹5674.75

Hindustan Aeronautics Ltd(HAL) share price is ₹5489.2. It is up 210.51% from its 52 Week Low price of ₹1767.8

Hindustan Aeronautics Ltd(HALReturns
1 Day Returns
-58.4%
1 Month Returns
7.64%
3 Month Returns
51.25%
1 Year Returns
184.86%