HINDUSTAN AERONAUTICS LTD (HAL) financials

HINDUSTAN AERONAUTICS LTD (HAL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Hindustan Aeronautics Ltd (HAL), a 71.64% Government-owned Maha-RatnaCPSE, designs, manufactures,upgrades and provides lifecycleMRO for aircraft, helicopters, aero-engines, avionics /accessoriesand aerostructures, principallyfor India’s armed forces.[1]

Market Cap: ₹3,18,337Cr.
Current Price: ₹4,760
Stock P/E: 34.3
ROE: 24.0%
ROCE: 32.0%
Book Value: ₹611
Dividend Yield: 0.95%
52W High / Low: ₹5,150/3,479

In Jun 2026, HINDUSTAN AERONAUTICS LTD (HAL) reported sales ₹5,515 Cr and net profit ₹1,581 Cr.

Annual TTM: sales ₹33,786 Cr, net profit ₹9,279 Cr.

Shareholding: Promoters 71.64% (Jun 2026), FIIs 9.34% (Jun 2026), DIIs 11.90% (Jun 2026), Government 0.07% (Jun 2026), Public 7.03% (Jun 2026).

HAL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	5,977	6,957	13,700	4,819	6,628	7,699	13,943	5,515
Expenses	4,346	5,276	8,408	3,535	5,071	5,830	8,885	3,989
Operating Profit	1,630	1,681	5,292	1,284	1,557	1,869	5,058	1,527
OPM %	27%	24%	39%	27%	23%	24%	36%	28%
Other Income	550	631	653	749	889	914	1,152	903
Interest	0	0	8	0	0	1	4	0
Depreciation	177	277	736	185	225	310	634	304
Profit before tax	2,003	2,035	5,200	1,848	2,220	2,472	5,572	2,125
Tax %	26%	30%	24%	25%	25%	25%	25%	26%
Net Profit	1,490	1,433	3,958	1,377	1,663	1,852	4,184	1,581
EPS in Rs	22.28	21.42	59.19	20.59	24.86	27.69	62.57	23.63
Raw PDF	—	—	—	—	—	—	—	—

HAL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	21,438	22,882	24,620	26,928	30,381	30,981	33,090	33,786
Expenses	16,565	17,541	19,200	20,258	20,631	21,371	23,304	23,775
Operating Profit	4,873	5,341	5,420	6,669	9,749	9,610	9,786	10,011
OPM %	23%	23%	22%	25%	32%	31%	30%	30%
Other Income	412	360	986	1,672	1,899	2,571	3,704	3,858
Interest	359	267	65	64	43	22	23	6
Depreciation	998	1,157	1,110	1,784	1,406	1,340	1,354	1,473
Profit before tax	3,928	4,277	5,231	6,493	10,199	10,820	12,112	12,390
Tax %	28%	24%	3%	10%	26%	23%	25%	—
Net Profit	2,832	3,239	5,086	5,811	7,595	8,317	9,076	9,279
EPS in Rs	42.35	48.44	76.05	86.89	113.57	124.36	135.71	138.75
Dividend Payout %	39%	31%	26%	32%	31%	32%	33%	—

HAL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	334	334	334	334	334	334	334	334
Reserves	11,741	12,856	15,034	18,930	23,172	28,712	34,508	40,528
Borrowings	4,157	5,816	53	49	51	49	51	65
Other Liabilities	35,238	35,120	37,601	40,871	45,632	51,704	73,651	93,277
Total Liabilities	51,470	54,125	53,022	60,183	69,190	80,799	108,545	134,205
Fixed Assets	7,454	7,351	7,158	6,758	6,827	6,730	6,663	7,287
CWIP	1,499	2,040	1,948	2,472	1,884	2,492	3,098	3,313
Investments	902	940	1,055	1,294	1,385	1,497	1,627	1,752
Other Assets	41,615	43,794	42,861	49,659	59,093	70,080	97,156	121,853
Total Assets	51,470	54,125	53,022	60,183	69,190	80,799	108,545	134,205

HAL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-7,694	1,648	15,124	10,040	8,836	8,226	13,645	10,920
Cash from Investing Activity	5,292	-1,324	-1,190	-12,763	-5,734	-6,412	-10,774	-8,346
Cash from Financing Activity	2,321	-57	-7,070	-1,349	-1,731	-1,999	-2,579	-3,353
Net Cash Flow	-80	266	6,864	-4,072	1,370	-185	293	-780
Free Cash Flow	-9,082	269	13,918	8,543	7,059	6,479	11,892	8,451
CFO/OP	-144%	71%	300%	205%	174%	105%	179%	142%

HAL shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	71.64%	71.64%	71.64%	71.64%	71.64%	71.64%	71.64%	71.64%
FIIs	11.85%	12.26%	12.08%	11.90%	12.00%	10.86%	10.21%	9.34%
DIIs	8.37%	8.13%	8.26%	8.67%	8.64%	9.68%	10.43%	11.90%
Government	0.00%	0.03%	0.04%	0.05%	0.07%	0.07%	0.07%	0.07%
Public	8.13%	7.95%	7.97%	7.72%	7.64%	7.77%	7.66%	7.03%
No. of Shareholders	12,72,495	12,75,632	13,52,377	13,02,820	12,77,749	12,64,058	12,91,771	12,11,981

HAL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	227	197	90	69	64	55	55	45
Inventory Days	882	815	602	608	527	544	735	859
Days Payable	113	164	76	96	116	116	156	116
Cash Conversion Cycle	996	849	617	581	475	484	634	788
Working Capital Days	221	187	146	111	38	37	121	301
ROCE %	29%	24%	26%	30%	31%	39%	34%	32%

HALUpdated 13 Oct 2026, 5:29

Hindustan Aeronautics Ltd

HALUpdated 13 Oct 2026, 5:29

Market Cap

₹3,18,337Cr.

Current Price

₹4,760

High / Low

₹5,150/3,479

Stock P/E

34.3

ROE24.0%

ROCE32.0%

Book Value₹611

Face Value₹5.00

Dividend Yield0.95%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	3915	0	3036	411	201	1089	25	814	12.17
Sep 2023	5636	0	4107	471	349	1650	25	1235	18.47
Dec 2023	6061	0	4627	460	212	1681	25	1254	18.74
Mar 2024	14769	31	8872	557	644	5778	26	4292	64.18
Jun 2024	4348	0	3354	738	149	1582	9	1436	21.47
Sep 2024	5977	0	4346	550	177	2003	26	1490	22.28
Dec 2024	6957	0	5276	631	277	2035	30	1433	21.42
Mar 2025	13700	8	8408	653	736	5200	24	3958	59.19
Jun 2025	4819	0	3535	749	185	1848	25	1377	20.59
Sep 2025	6628	0	5071	889	225	2220	25	1663	24.86
Dec 2025	7699	1	5830	914	310	2472	25	1852	27.69
Mar 2026	13943	4	8885	1152	634	5572	25	4184	62.57
Jun 2026	5515	0	3989	903	304	2125	26	1581	23.63

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	15730	15	13379	1642	806	3173	25	2388	24.77
Mar 2016	16758	6	14281	1598	863	3207	38	1998	27.63
Mar 2017	17950	16	14714	1044	681	3583	27	2616	36.18
Mar 2018	18519	35	15059	761	947	3240	39	1987	29.72
Mar 2019	20008	177	15440	376	1024	3742	37	2346	35.08
Mar 2020	21438	359	16565	412	998	3928	28	2832	42.35
Mar 2021	22882	267	17541	360	1157	4277	24	3239	48.44
Mar 2022	24620	65	19200	986	1110	5231	3	5086	76.05
Mar 2023	26928	64	20258	1672	1784	6493	10	5811	86.89
Mar 2024	30381	43	20631	1899	1406	10199	26	7595	113.57
Mar 2025	30981	22	21371	2571	1340	10820	23	8317	124.36
Mar 2026	33090	23	23304	3704	1354	12112	25	9076	135.71
TTM	33786	6	23775	3858	1473	12390	—	9279	138.75

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	71.64%
FIIs	9.34%
DIIs	11.9%
Government	0.07%
Public	7.03%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Sep 2023	71.64%	12.63%	9.72%	0%	6.02%
Dec 2023	71.64%	12.93%	9.13%	0%	6.28%
Mar 2024	71.64%	12.42%	9.58%	0%	6.36%
Jun 2024	71.64%	11.68%	8.81%	0%	7.86%
Sep 2024	71.64%	11.85%	8.37%	0%	8.13%
Dec 2024	71.64%	12.26%	8.13%	0.03%	7.95%
Mar 2025	71.64%	12.08%	8.26%	0.04%	7.97%
Jun 2025	71.64%	11.9%	8.67%	0.05%	7.72%
Sep 2025	71.64%	12%	8.64%	0.07%	7.64%
Dec 2025	71.64%	10.86%	9.68%	0.07%	7.77%
Mar 2026	71.64%	10.21%	10.43%	0.07%	7.66%
Jun 2026	71.64%	9.34%	11.9%	0.07%	7.03%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	482	16304	5	47252	64042	7191	216	745	55890	64042
Mar 2016	362	10658	80	45420	56519	6925	1025	886	47682	56519
Mar 2017	362	12175	1022	38149	51708	7350	1389	981	41988	51708
Mar 2018	334	9151	905	38044	48434	7566	1458	989	38421	48434
Mar 2019	334	11741	4157	35238	51470	7454	1499	902	41615	51470
Mar 2020	334	12856	5816	35120	54125	7351	2040	940	43794	54125
Mar 2021	334	15034	53	37601	53022	7158	1948	1055	42861	53022
Mar 2022	334	18930	49	40871	60183	6758	2472	1294	49659	60183
Mar 2023	334	23172	51	45632	69190	6827	1884	1385	59093	69190
Mar 2024	334	28712	49	51704	80799	6730	2492	1497	70080	80799
Mar 2025	334	34508	51	73651	108545	6663	3098	1627	97156	108545
Mar 2026	334	40528	65	93277	134205	7287	3313	1752	121853	134205

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	—	—	—	—
Mar 2016	—	—	—	—
Mar 2017	-423	3021	-164	2433
Mar 2018	-734	594	-2540	-2680
Mar 2019	-7694	5292	2321	-80
Mar 2020	1648	-1324	-57	266
Mar 2021	15124	-1190	-7070	6864
Mar 2022	10040	-12763	-1349	-4072
Mar 2023	8836	-5734	-1731	1370
Mar 2024	8226	-6412	-1999	-185
Mar 2025	13645	-10774	-2579	293
Mar 2026	10920	-8346	-3353	-780

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	145	105	86	133	227	197	90	69	64	55	55	45
Inventory Days	1,118	1,017	854	838	882	815	602	608	527	544	735	859
Days Payable	101	91	62	69	113	164	76	96	116	116	156	116
Cash Conversion Cycle	1,162	1,032	878	902	996	849	617	581	475	484	634	788
Working Capital Days	-22	-5	74	102	221	187	146	111	38	37	121	301
ROCE %	20%	23%	29%	27%	29%	24%	26%	30%	31%	39%	34%	32%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of HINDUSTAN AERONAUTICS LTD (HAL)?

The reported market capitalisation for HINDUSTAN AERONAUTICS LTD (HAL) is ₹3,18,337Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of HAL?

The current price shown for HINDUSTAN AERONAUTICS LTD (HAL) on Fincrux is ₹4,760 with a 52-week high/low of ₹5,150/3,479.

What is the P/E ratio of HINDUSTAN AERONAUTICS LTD (HAL)?

The stock P/E for HINDUSTAN AERONAUTICS LTD (HAL) is 34.3 on Fincrux, with ROE at 24.0% and ROCE at 32.0%.

What were HAL latest quarterly results?

For Jun 2026, HINDUSTAN AERONAUTICS LTD (HAL) reported sales ₹5,515 Cr and net profit ₹1,581 Cr (figures in ₹ crore unless noted).

What are HAL annual sales and net profit?

For TTM, HINDUSTAN AERONAUTICS LTD (HAL) shows sales of ₹33,786 Cr and net profit of ₹9,279 Cr on the Fincrux profit & loss statement.

Who owns HINDUSTAN AERONAUTICS LTD (HAL)?

Latest shareholding for HINDUSTAN AERONAUTICS LTD (HAL) on Fincrux: Promoters 71.64% (Jun 2026), FIIs 9.34% (Jun 2026), DIIs 11.90% (Jun 2026), Government 0.07% (Jun 2026), Public 7.03% (Jun 2026).

Where can I find HINDUSTAN AERONAUTICS LTD (HAL) financials?

HINDUSTAN AERONAUTICS LTD (HAL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show HAL balance sheet and cash flow?

Yes. The HINDUSTAN AERONAUTICS LTD (HAL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 5:29