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Hindustan Aeronautics Ltd share price logo

Hindustan Aeronautics Ltd

(HAL)

₹4514.450.23%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Hindustan Aeronautics Ltd Analyst Rating

based on 12 analysts

BUY

84.62%

Buy

7.69%

Hold

7.69%

Sell

Based on 12 analysts offering long term price targets for Hindustan Aeronautics Ltd. An average target of ₹5252.42

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd Share analysis

Hindustan Aeronautics Ltd price forecast by 12 analysts

Upside of16.08%

High

₹6184

Target

₹5252.42

Low

₹3800

Hindustan Aeronautics Ltd target price ₹5252.42, a slight upside of 16.08% compared to current price of ₹4514.45. According to 12 analysts rating.

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd Performance

  • Day's Low

    Day's High

    ₹4,490
    ₹4,586.8
  • 52 Week's Low

    52 Week's High

    ₹1,767.8
    ₹5,674.75
1 Month Return+ 1.95 %
3 Month Return-9.46 %
1 Year Return+ 145.2 %
Previous Close₹4,524.70
Open₹4,534.80
Volume10.95L
Upper Circuit-
Lower Circuit-
Market Cap₹3,02,600.62Cr

Hindustan Aeronautics Ltd Key Statistics

P/E Ratio36.71
PEG Ratio1.1
Market Cap₹3,02,600.62 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₹3,02,600.62 Cr233.73%0.65₹7,620 Cr₹30,381 Cr
BUY₹2,77,880.83 Cr73.17%0.53₹1,961 Cr₹19,553 Cr
BUY₹2,09,900.30 Cr129.36%0.53₹3,943 Cr₹20,268 Cr
BUY₹41,416.06 Cr135.04%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: ₹4514.45 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹3,02,600.62Cr as of today
Revenue: ₹4,347.50Cr as on June 2024 (Q2 24)
Net Profit: ₹1,437.14Cr as on June 2024 (Q2 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

  • India to Enhance Aircraft Manufacturing with HAL Collaboration - 21 Oct, 2024

    The Indian government plans to boost aircraft manufacturing by collaborating with Hindustan Aeronautics Ltd (HAL) and National Aerospace Laboratories (NAL) to design and manufacture planes domestically.

  • HAL Reports Strong Revenue and Profit Growth - 18 Oct, 2024

    Hindustan Aeronautics Limited (HAL) announced an 11% year-on-year revenue increase to Rs 43.5 billion and a 77% surge in net profit to Rs 14.4 billion. Additionally, GE Aerospace will deliver six LM2500 marine gas turbine engine kits for assembly and testing at HAL's facility in Bengaluru.

  • Hindustan Aeronautics Faces Market Cap Decline - 17 Oct, 2024

    On October 17, 2024, Hindustan Aeronautics Limited's stock dropped by 2.74%, resulting in a market cap loss of ₹8,293 crore, amidst rising volatility in the aerospace sector.

  • Hindustan Aeronautics Receives Positive Buy Recommendations - 16 Oct, 2024

    Hindustan Aeronautics Ltd is recommended for purchase with a target price of Rs 4,850, supported by bullish technical indicators and strong order book potential.

  • HAL Achieves Maharatna Status, Boosting Autonomy - 15 Oct, 2024

    Hindustan Aeronautics Limited (HAL) has been granted Maharatna status, enhancing its operational and financial autonomy. This milestone underscores HAL's strategic importance in India's aerospace and defense sector.

  • HAL Granted Maharatna Status, Shares Surge - 14 Oct, 2024

    Hindustan Aeronautics Limited (HAL) has been upgraded to Maharatna status, enhancing its operational autonomy and investment capabilities. Following this announcement, HAL shares rose over 2%, reflecting positive market sentiment. The company is now among India's elite public sector enterprises, expected to leverage this status for growth and strategic investments.

  • HAL Achieves Maharatna Status and Major Contract Approval - 13 Oct, 2024

    Hindustan Aeronautics Limited has been granted Maharatna status, enhancing its operational autonomy. Additionally, it secured a significant contract for 240 jet engines for the Indian Air Force.

  • HAL Achieves Maharatna Status, Boosting Growth Prospects - 12 Oct, 2024

    Hindustan Aeronautics Limited (HAL) has been upgraded to Maharatna status, enhancing its operational autonomy and financial independence, allowing significant investments without government approval. This status positions HAL for expansive growth in the defense sector.

  • HAL Reports Strong Growth and Order Book Expansion - 10 Oct, 2024

    Hindustan Aeronautics Ltd's order book has grown significantly to ₹940 billion, with expectations to reach ₹1,200 billion. The company reported a 76.5% profit increase in Q1 FY25, reflecting strong performance under the Atmanirbhar Bharat initiative.

  • HAL Struggles with Tejas Jet Production Delays - 04 Oct, 2024

    Hindustan Aeronautics Limited (HAL) is facing significant delays in the production of Tejas jets, attributed to supply chain disruptions and delays in obtaining GE-F404 engines from the US.

  • HAL Delivers First AL-31FP Engine to IAF - 01 Oct, 2024

    Hindustan Aeronautics Limited (HAL) successfully delivered the first AL-31FP aero engine to the Indian Air Force, marking a significant milestone under a contract for 240 engines over eight years.

  • Defence Sector Investment Opportunities Amid Concerns - 30 Sep, 2024

    The defence sector, including Hindustan Aeronautics Ltd, is experiencing corrective moves, presenting potential investment opportunities as valuations seem extended despite ongoing concerns about LCA Tejas delays.

  • HAL Set to Finalize Fighter Jet Engine Deal - 27 Sep, 2024

    Hindustan Aeronautics Ltd (HAL) aims to finalize a deal for advanced fighter jet engine technology from the US this financial year, potentially doubling its order book to ₹2.1 lakh crore. The CMD highlighted significant upcoming contracts, including 97 LCA Mk1A aircraft and 156 light combat helicopters, supporting the government's Make in India initiative.

  • Hindustan Aeronautics Stock Target Price Announced - 25 Sep, 2024

    Hindustan Aeronautics Ltd is currently trading at Rs 4389.25, with a brokerage target price of Rs 4,552 and recommended entry price range of Rs 4,364 to Rs 4,408.

  • HAL's Potential Maharatna Upgrade Boosts Stock Sentiment - 23 Sep, 2024

    Hindustan Aeronautics Limited (HAL) shares rose amid reports of a potential upgrade to Maharatna status, following a strong financial performance with a 77% profit increase. The upgrade would enhance HAL's operational autonomy significantly.

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

    FII Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, HAL stock has moved up by 559.9%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 4.30K Cr → 1.43K Cr (in ₹), with an average decrease of 66.7% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

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

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 15.33K Cr → 5.08K Cr (in ₹), with an average decrease of 66.8% per quarter

Hindustan Aeronautics Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹3,915.35Cr (-)₹5,635.70Cr (↑43.94%)₹6,061.28Cr (↑7.55%)₹14,768.75Cr (↑143.66%)₹4,347.50Cr (↓70.56%)
Net Income₹814.09Cr (-)₹1,236.67Cr (↑51.91%)₹1,261.51Cr (↑2.01%)₹4,308.68Cr (↑241.55%)₹1,437.14Cr (↓66.65%)
Net Profit Margin20.79% (-)21.94% (↑5.53%)20.81% (↓5.15%)29.17% (↑40.17%)33.06% (↑13.34%)
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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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
Earning Per Share (₹)43.1148.5375.9687.14113.95
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

Hindustan Aeronautics Ltd Valuation

Hindustan Aeronautics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.55x)

March 24, 2020

Today (36.71x)

October 18, 2024

Industry (53.23x)

October 18, 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 76.5% since last year same period to ₹1,437.16Cr in the Q1 2024-2025. On a quarterly growth basis, Hindustan Aeronautics Ltd has generated -66.65% fall 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 1.11%.

    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.

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Hindustan Aeronautics Ltd (HAL) share price today is ₹4514.45

Hindustan Aeronautics Ltd is listed on NSE

Hindustan Aeronautics Ltd is listed on BSE

  • Today’s highest price of Hindustan Aeronautics Ltd is ₹4586.8.
  • Today’s lowest price of Hindustan Aeronautics Ltd is ₹4490.

PE Ratio of Hindustan Aeronautics Ltd is 36.71

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 10.95L.

Today’s market capitalisation of Hindustan Aeronautics Ltd(HAL) is ₹302600.62Cr.

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

Hindustan Aeronautics Ltd(HAL) share price is ₹4514.45. It is down -20.45% from its 52 Week High price of ₹5674.75

Hindustan Aeronautics Ltd(HAL) share price is ₹4514.45. It is up 155.37% from its 52 Week Low price of ₹1767.8

Hindustan Aeronautics Ltd(HALReturns
1 Day Returns
-10.25%
1 Month Returns
1.95%
3 Month Returns
-9.46%
1 Year Returns
145.2%