Live Hindustan Aeronautics Share Price Chart

O 4644.95

H 4644.95

L 4644.95

VOL 66942

Hindustan Aeronautics Performance

Days Range

Low: ₹4,485.05
High: ₹4,665.95
Previous Close ₹4,603.70
Open ₹4,644.95
Volume 56,63,032
Day’s Range ₹4,485.05 - ₹4,665.95
52W Range ₹1,489.85 - ₹4,665.95
Market Cap ₹3,07,863 Cr

Hindustan Aeronautics Fundamentals

ROCE (TTM) 25.52
P/E Ratio (TTM) 40.39
P/B Ratio 10.57
Industry P/E 52.07
Debt to Equity 0
ROE 26.15
EPS (TTM) 113.96
Dividend Yield 0.48
Book Value 435.69
Face Value 5

Hindustan Aeronautics Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales3,915.355,635.76,061.2814,768.75
Expenses3,239.94,457.714,838.129,511.46
Profit before tax1,089.031,651.421,689.435,795
Operating Profit814.091,236.671,261.514,308.68
Net Profit814.091,236.671,261.514,308.68
EPS in Rs24.3518.4918.8664.43

About Hindustan Aeronautics

Hindustan Aeronautics Limited is involved in the manufacturing of helicopters and aircraft as well as their repair and maintenance. It was incorporated on December 23, 1940, in Bangalore by Shri Walchand Hirachand. The Ministry of Defence took administrative control of the company in January 1951.  The HT-2 Trainer aircraft made its first flight in 1951 under the direction of Dr. V.M. Ghatge, who also designed and constructed it for HAL. The company was listed on BSE and NSE in 2018 after an IPO.

The company has a rich customer profile spanning defence, civil and export. Defence customers primarily include the Indian Air Force, Indian Army, Indian Navy, Indian Coast Guard, etc. Civil customer mainly comprises the Border Security Force, Oil & Natural Gas Cooperation of India, Govt. of Karnataka, etc. HAL also earns revenue from exporting its products and services to customers such as Airbus Industries, France, Boeing, USA, Coast Guard, Mauritius, etc.

In 2012-13, the company received Raksha Mantri’s awards for excellence in performance for the year 2010-11 under the Institutional Award category. It won the Engineering Export Promotion Council (EEPC)’s ‘Star Performer’ award for the year 2018-19 for defence-related products under the large enterprises category amongst public and private sector companies in India from the Ministry of Commerce and Industry, Government of India.

Business Segment

  • Aircraft: The segment deals with the production and maintenance of aircraft. The key products under this segment include HAWK, LCA, SU-30 MKI, IJT, DORNIER and HTT-40.
  • Helicopter: The helicopter segment deals with key products such as DHRUV, CHEETAH, CHETAK, LANCER, CHEETAL, RUDRA, LCH and LUH.
  • Power Plant: The power plant segment earns revenue from key products such as ADOUR 871-07 (HAWK), GARRETT TPE 331-5(DORNIER), RD 33 and AL 31 FP, etc.
  • Avionics: The key products under the segment include an Inertial Navigation System, Auto Stabilizer, Head-up Display and Laser range System, etc.
  • Aerospace: The company provides its service to space programs via its Structures, Tanks and Cryogenic Engines.
  • Exports: HAL derives revenue from exporting its products, such as Aerostructures, Software, Dornier-228, Spares and services, Helicopters, Engines, Avionics, and Casting/Forgings.

Corporate Action

In 2023, the company declared splitting the face value of its shares from ₹10 to ₹5. The share has been quoted on an ex-split basis from September 28, 2023.

Management Outlook

  • The company believes that the Indian defence market will continue to be a prime revenue source for HAL due to projects like LCA Mk1A, LCH, LUH and HTT-40 in the near future. HAL has undertaken various initiatives to make systems more agile, effective, cost-efficient and competitive.
  • In addition, the company is planning to strengthen its capability to cater to the above projects. It is installing new production lines for HTT-40 and LCA Mk1A production.
  • HAL is also looking forward to diversifying and increasing its presence in UAV, Civil MRO & allied operations in the near term.

SWOT Analysis

Strengths

  • Expertise in aircraft upgrades for Defence Customers.
  • Trusted Partner of the Government of India.

Weaknesses

  • Dependency on foreign OEMs for critical materials and LRUs.
  • Limited presence outside India in the export market.

Opportunities

  • The government’s focus is to reduce the Defence import bill.
  • Gradually developing civil MRO opportunities in India.

Threats

  • Collaborations of Indian Private Companies with Global OEMs.
  • Change in preference of Defence customers.
Parent Organisation Govt of India
Founded 1963
Managing Director C B Ananthakrishnan
NSE Symbol HAL

Peer Comparison

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Cochin Shipyard Ltd ₹35,408.04

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Bharat Dynamics Ltd ₹37,916.31

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2045.45 - 2346.5View Peer Comparison
Krishna Defence & Allied Industries Ltd ₹589.93

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432 - 439.5View Peer Comparison

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Hindustan Aeronautics FAQs

What is the Share price of Hindustan Aeronautics (HAL)?

Hindustan Aeronautics (HAL) share price as of May 17, 2024, on NSE is Rs 4,531.70 (NSE) and Rs 4,531.40 (BSE) on BSE.

Can I buy Hindustan Aeronautics (HAL) shares?

Yes, You can buy Hindustan Aeronautics (HAL) shares by opening a Demat account with Angel One.

How do I buy Hindustan Aeronautics (HAL) from Angel One?

Hindustan Aeronautics (HAL) share can be brought through the following modes:
  1. Direct investment: You can buy Hindustan Aeronautics (HAL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hindustan Aeronautics (HAL) shares.

What is the total Asset of HAL?

The total asset of HAL is Rs. 60,183 crores.

What is the main business of HAL?

The main business of HAL (Hindustan Aeronautics) is to design and manufacture fighter jets, helicopters, jet engines, and marine gas turbine engines. In addition to being involved in avionics and software development, it supplies, overhauls, and upgrades Indian military aircraft.

Who are the promoters of HAL?

The main promoter of HAL is the President of India with a 75.15% shareholding.

What are the Subsidiaries that comes under HAL?

The main subsidiaries that come under HAL are Indo Russian Helicopters Limited and Naini Aerospace Limited.