Loading current stock analysis…
Loading current stock analysis…
As of 18 Sept 2026, 03:30 pm
HAL has achieved several milestones recently. On September 18, 2026, the company marked the delivery of the first Dhruv NG helicopters to Pawan Hans Limited. Additionally, HAL has completed its original order for Tejas Mk1 jets. As of Thursday, September 17, 2026, 27 airframes for the Tejas Mk1A jets were ready, though 1-2 issues were still being resolved before delivery. The company also prepared to hand over Tejas Trainers and HTT-40 Basic Trainer Aircraft to the Indian Air Force (IAF).
As of September 18, 2026, HAL's daily trend indicators show a closing price of ₹4800.3. The Exponential Moving Average (EMA) for 20 days is ₹4841.27, and the Simple Moving Average (SMA) for 20 days is ₹4858.16, both above the closing price. The Supertrend indicator is set at ₹5023.75, with a 'bearish' direction. On a weekly basis, the Supertrend is ₹4353.81, indicating a 'bullish' direction, with the closing price above the EMA 20 (₹4643.4) and SMA 20 (₹4602.56).
HAL has announced changes in its board and auditors. On September 10, 2026, Dr. Nikhil Agarwal was appointed as a Non-Executive Independent Director for a term of 36 months, effective September 9, 2026. The company also appointed B K Ramadhyani & Co. LLP as its new statutory auditor for a 12-month term, effective August 28, 2026, replacing Gupta Nayar & Co.
HAL's recent performance shows a 1-month return of -6% and a 6-month return of 21%. Year-to-date, the return is 9%. The company's annualized volatility is 31%, with a current drawdown of -6%. The maximum drawdown experienced was -32%.
As of 18 Sept 2026, 03:30 pm
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Primary driver: Price swings are higher than typical
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | ₹5,515.17 crore | PEAK₹13,942.40 crore | ₹7,698.80 crore | ₹6,628.61 crore | ₹4,819.01 crore |
| Expenses | ₹4,292.69 crore | PEAK₹9,522.36 crore | ₹6,138.57 crore | ₹5,296.64 crore | ₹3,722.07 crore |
| Profit Before Tax | ₹2,122.72 crore | PEAK₹5,570.61 crore | ₹2,474.03 crore | ₹2,219.64 crore | ₹1,844.03 crore |
| Profit Loss For Period | ₹1,589.66 crore | PEAK₹4,196.04 crore | ₹1,866.66 crore | ₹1,669.05 crore | ₹1,383.77 crore |
| Tax Expense | ₹544.67 crore | PEAK₹1,387.79 crore | ₹620.15 crore | ₹557.93 crore | ₹470.54 crore |
| Paid Up Value Of Equity Share Capital | PEAK₹334.39 crore | PEAK₹334.39 crore | PEAK₹334.39 crore | PEAK₹334.39 crore | PEAK₹334.39 crore |
Hindustan Aeronautics Limited reported results for the quarter ended June 30, 2026, showing first-quarter revenue of ₹5,515.17 crore, up 14.45% from the same quarter last year. Profit before tax increased 15.11% to ₹2,122.72 crore, and net profit grew 14.88% to ₹1,589.66 crore. Pre-tax and net profit margins saw minimal change, while other comprehensive income moved from a gain to a loss.
Other comprehensive income shifted from a gain of ₹25.07 crore in the year-ago quarter to a loss of ₹110.64 crore, representing a negative swing of ₹135.71 crore. This movement reduces total comprehensive income for the period but does not impact reported net profit.
The paid-up value of equity share capital remained constant at ₹334.39 crore throughout the quarter, indicating no new equity issuance or dilution during the period.
Exchange disclosures and regulatory announcements for Hindustan Aeronautics.
Hindustan Aeronautics Limited appointed Dr. Nikhil Agarwal as a Non-Executive Independent Director effective September 9, 2026, with a term of 36 months. The appointment was disclosed on September 10, 2026, at 17:33:00, confirming that Dr. Agarwal is not related to any other director and is not debarred from holding office.
Hindustan Aeronautics Ltd appointed Dr. Nikhil Agarwal (DIN: 06372802) as an Additional and Independent Director, effective 9th September 2026, for a three-year term or until further orders, subject to shareholder approval. The appointment was based on a Ministry of Defence letter dated 9th September 2026 and approved by the Board on 10th September 2026.
Hindustan Aeronautics Limited appointed B K Ramadhyani & Co. LLP as its new statutory auditor for a 12-month term, effective August 28, 2026, replacing Gupta Nayar & Co., whose tenure ended on the same date.
On September 7, 2026, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, granted Acceptance of Necessity (AoN) for procurement of Advanced Light Helicopters (ALH) for the Indian Army and Indian Air Force, among other capital acquisition proposals worth approximately Rs 1,10,000 crore. Hindustan Aeronautics Ltd disclosed this via a regulatory filing on September 8, 2026, referencing a PIB release. Approximately 98% of the total procurements under these AoNs will be made from the Indian Industry.
On September 8, 2026, Hindustan Aeronautics Ltd (HAL) appointed M/s B K Ramadhyani & Co. LLP as its Statutory Auditor for the fiscal year 2026-27 following selection by the Comptroller and Auditor General of India (C&AG). The appointment was disclosed to the BSE and NSE in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Hindustan Aeronautics Ltd revised its Corporate Social Responsibility Policy on September 4, 2026, with the updated policy available in the Investors section of the company's website.
Hindustan Aeronautics Limited's 63rd Annual General Meeting held on August 28, 2026, approved seven ordinary resolutions with high voter support, including the appointment of Shri Ravi K (DIN: 10807781) as Chairman & Managing Director and the declaration of a final dividend of Rs. 10/- per equity share for the financial year 2025-26. The meeting also ratified the re-appointment of directors Dr. Barenya Senapati and Shri M G Balasubrahmanya, adopted audited financial statements for the year ended March 31, 2026, and fixed remuneration for statutory and cost auditors for 2026-27. Scrutinizer S.N. Mishra of SNM & Associates certified that all resolutions were passed by the requisite majority following e-voting conducted via KFin Technologies Limited.
Hindustan Aeronautics Ltd disclosed material events arising from its 63rd Annual General Meeting held on August 28, 2026, which included the declaration of a final dividend of Rs. 10 per equity share for the financial year 2025-26 and the appointment of Shri Ravi K (DIN: 10807781) as Chairman & Managing Director.
Recent market and company developments associated with Hindustan Aeronautics.
Defence Minister Rajnath Singh urged Hindustan Aeronautics Limited scientists to create future technologies. He stressed realistic timelines for critical defence projects to avoid delays. Singh called for enhanced public-private synergy to build indigenous aerospace capabilities. India must prepare for sector transformation through advanced technologies and indigenous development. The goal is to make India a global leader in aerospace technology.
Defence News: HAL complex (Bengaluru): Marking its entry into the civil helicopter industry, India’s leading defence and aerospace major Hindustan Aeronautics Ltd (.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
Defence News: BENGALURU: Defence minister Rajnath Singh on Friday praised aerospace major Hindustan Aeronautics Ltd (HAL) for “delivering three indigenous aviation .
Union Civil Aviation Minister Ram Mohan Naidu on Friday lauded India's rapid strides in indigenous manufacturing, stating that the nation's annual defence production is now nearly four times what it was in 2013-14.
Asserting that India is rapidly moving towards self-reliance through indigenous defence manufacturing, Defence Minister Rajnath Singh said on Friday that the country is witnessing a major milestone in its aerospace capabilities and technological self-confidence.
News News: BENGALURU: Defence minister Rajnath Singh in Bengaluru on Friday praised Hindustan Aeronautics Ltd (HAL) for \"delivering three indigenous aviation pla.
HAL handover of Tejas Trainers, HTT-40 'Ankur' handover, IAF, indian air force, puja ceremony at HAL, rajnath singh,
Comprehensive Section Breakdown for Hindustan Aeronautics
Strategic Vision: Designs, manufactures, and overhauls aerospace products for defense and civil aviation.
• Indigenous design, development, and manufacturing capabilities for aerospace and defense.
• Extensive experience in overhaul and maintenance services for aircraft and helicopters.
• Contribution to national defense and civil aviation programs.
Revenue from operations rose to ₹5,515.17 crore in the first quarter of FY2026-27, compared with ₹4,819.01 crore in the corresponding period last year. Total expenses also expanded, rising 15.33% year over year to ₹4,292.69 crore from ₹3,722.07 crore. Expense growth slightly outpaced revenue growth, though the difference was narrow.
On a sequential basis, revenue declined from ₹13,942.40 crore in the fourth quarter of the previous fiscal year. This follows the pattern seen in FY2025-26, where the first quarter recorded the lowest revenue of the year (₹4,819.01 crore), followed by increases in subsequent quarters and a peak in the fourth quarter (₹13,942.40 crore). The current quarter’s revenue remains higher than the prior year’s first quarter, reflecting continued business expansion.
Profit before tax reached ₹2,122.72 crore, up 15.11% from ₹1,844.03 crore a year ago. The pre-tax profit margin edged up from 38.27% to 38.49%. Net profit for the period increased to ₹1,589.66 crore, up 14.88% from ₹1,383.77 crore, with the net profit margin moving from 28.72% to 28.82%.
Tax expense rose 15.75% year over year, from ₹470.54 crore to ₹544.67 crore. The effective tax rate was 25.66% in the current quarter, compared with 25.52% in the year-ago quarter.
The sequential drop in profit from the fourth quarter (when profit before tax was ₹5,570.61 crore) aligns with the seasonal revenue pattern observed in the prior fiscal year.
Hindustan Aeronautics Limited posted year-over-year growth of roughly 14–15% across revenue, profit before tax, and net profit in the first quarter of FY2026-27, with pre-tax and net profit margins seeing minimal change. The sequential decline from the fourth quarter is consistent with the company’s historical quarterly revenue distribution, which typically peaks late in the fiscal year. A swing in other comprehensive income to a loss lowered total comprehensive earnings but left reported net profit unchanged. The quarter reflects continued top-line expansion relative to the prior year.
Category: Manufacturing
HAL manufactures various fixed-wing aircraft, including light combat aircraft, trainers, and licensed-produced fighters.
Key Products & Services: LCA Tejas • HTT-40 • DORNIER • IJT • SU-30 MKI • HAWK
Category: Manufacturing
In the civil aviation sector, HAL offers aircraft suitable for regional connectivity and utility operations.
Key Products & Services: Do-228 Aircraft (Civil Variant) • DHRUV (ALH) - NG
Category: Manufacturing
HAL is a major producer of helicopters for various roles, including utility, attack, and observation.
Key Products & Services: DHRUV (ALH) • RUDRA • LCH Prachand • LUH • CHEETAL • LANCER • CHETAK • CHEETAH
Category: Manufacturing
HAL contributes to India's space programs by providing structures and components for launch vehicles and spacecraft.
Category: Manufacturing
The company also produces a wide array of systems, accessories, and materials essential for aerospace operations.
Key Products & Services: Avionics • Accessories • Materials & Components
Category: Manufacturing
HAL is involved in developing unmanned aerial systems primarily for defense applications.
Category: B2B Services
HAL provides comprehensive MRO services for various aircraft and helicopters, supporting the Indian Air Force (IAF) and other clients.
Core Thesis: HAL leverages its integrated manufacturing and R&D capabilities to serve both defense and civil aviation sectors.
• Integrated Manufacturing: HAL operates a network of production units organized into complexes for aircraft, engines, accessories, and helicopters. • Research & Development: Dedicated R&D centers focus on advancing aerospace technologies and indigenous development across various product lines. • Comprehensive Service Offering: The company provides a wide range of products and services, including manufacturing, MRO, and component production.