HAL Aims to Raise Civil Aviation Revenue Share to 25% Over 10 Years

State-run aerospace major Hindustan Aeronautics Ltd has outlined a long-term diversification plan to significantly expand its civil aviation business and reduce reliance on defence-led revenues. 

Diversification Targets and Strategic Tracks 

HAL currently derives about 95% of its revenue from military programmes, with civil aviation contributing 4–5%. Chairman and Managing Director DK Sunil said the company intends to lift the civil share to 25% over the next decade.  

Speaking at the Wings India 2026 show, he outlined three priority areas: expanding certified civil products, building a civil helicopter pipeline, and entering the regional jet market through a combination of leasing and domestic assembly.  

He said HAL made a “conscious decision” to increase the civil component of revenues as part of this shift. 

Regional Jet Entry and SJ100 Roadmap  

A key near-term lever is the SuperJet 100 programme, under which HAL has signed an agreement with Russia’s United Aircraft Corporation to produce the 103-seat, twin-engine regional jet in India. To speed up entry, HAL plans to lease 10–20 SJ100 aircraft purchased from Russia in flyaway condition.  

Sunil said around 10 aircraft are expected to be inducted over the next 12–18 months to gather operational feedback on maintainability, ground support, MRO requirements and support systems.  

In parallel, HAL plans to begin rolling out semi knocked down SJ100 aircraft from its facilities in about three years, importing major assemblies and completing final assembly domestically.  

The company estimates demand for over 200 aircraft in the 100-seat category and is in discussions with firms in Gujarat’s GIFT City on leasing structures. 

Helicopters, Facilities and Financial Outlook 

On the civil helicopter side, state-owned Pawan Hans is set to procure 10 India-made Dhruv NG helicopters for ONGC’s offshore operations, with additional demand expected from the Border Security Force.  

HAL is also pushing the Hindustan 228, a recertified version of the Dornier 228 that has received civil certification. Sunil said the company aims to keep investments low by leveraging in-country industry capacity, its own factories and its vendor base, citing fuel and maintenance as key cost drivers where domestic production can improve spare availability and lifecycle costs.  

Facilities including HAL’s Nasik complex and Kanpur factory will be used for sub-assemblies alongside private partners. HAL reported revenue of about ₹31,000 crore last year and expects 7–8% growth this fiscal, with the SJ100 and civil helicopters projected to become larger contributors over the next three to four years. 

Read More: India and EU Ink Landmark Comprehensive Defence and Security Pact! 

Hindustan Aeronautics Share Price Performance  

As of January 29, 2026, at 9:30 AM, Hindustan Aeronautics Ltd share price is trading at ₹4,654.30 per share, reflecting a gain of 0.64% from the previous closing price. Over the past month, the stock has gained by 6.38%. 

Conclusion 

By combining leasing, domestic assembly and expanded civil product lines, HAL is laying the groundwork to steadily scale its civil aviation business while maintaining growth across its existing operations. 

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