Hindustan Aeronautics Limited

Capital Goods · Aerospace & Defense

NSE: HAL BSE: 541154

₹4680.00

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Aerospace & Defense

The largest companies in the same industry by market cap. This company ranks #1 of 26. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Hindustan Aeronautics Limited (this stock)	312,987	33.7	22.2%	-3.4%	—	90	12	31
Bharat Electronics Limited	281,317	46.0	25.3%	-6.9%	—	96	0	13
Bharat Dynamics Limited	40,183	77.1	11.3%	-29.7%	—	87	0	11
Garden Reach Shipbuilders & Engineers Limited	24,175	30.2	26.2%	-23.1%	0.93%	80	38	8
Data Patterns (India) Limited	23,662	88.3	15.6%	48.7%	0.24%	69	0	30
SIGMA ADVANCED SYSTEMS LIMITED	19,926	357.8	56.4%	652.8%	—	84	0	92
Aequs Limited	19,080	—	—	—	—	74	0	92
Astra Microwave Products Limited	15,682	89.8	14.7%	47.5%	0.15%	65	0	66

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹309,220 Cr

EV / EBITDA

22.3x

EV / Sales

9.15x

Market cap / Sales

9.26x

Earnings yield

2.96%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 6,418 Cr, up 15.3% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 1,581 Cr, up 14.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	5,515	2,125	1,581	₹23.6300
March 31, 2026	13,943	5,572	4,184	₹62.5700
Dec. 31, 2025	7,699	2,472	1,852	₹27.6900
Sept. 30, 2025	6,628	2,220	1,663	₹24.8600
June 30, 2025	4,819	1,848	1,377	₹20.5900
March 31, 2025	13,700	5,200	3,958	₹59.1900
Dec. 31, 2024	6,957	2,035	1,433	₹21.4200
Sept. 30, 2024	5,977	2,003	1,490	₹22.2800
June 30, 2024	4,348	1,582	1,436	₹21.4700
March 31, 2024	14,769	5,778	4,292	₹64.1800
Dec. 31, 2023	6,061	1,681	1,254	₹18.7400
Sept. 30, 2023	5,636	1,650	1,235	₹18.4700
June 30, 2023	3,915	1,089	814	₹24.3500

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	6,418	15,096	8,612	7,517	5,568	14,353	7,588	6,521	5,085	15,326	6,521	6,107	4,326
Operating revenue	5,515	13,943	7,699	6,628	4,819	13,700	6,957	5,977	4,348	14,769	6,061	5,636	3,915
Other income	903	1,152	914	889	749	653	631	544	738	557	460	471	411
Operating expenses	3,989	8,885	5,830	5,071	3,535	8,408	5,276	—	3,354	8,872	4,627	4,107	3,036
Operating profit	1,527	5,058	1,869	1,557	1,284	5,292	1,681	—	994	5,896	1,434	1,529	880
Operating profit margin	27.7%	36.3%	24.3%	23.5%	26.6%	38.6%	24.2%	—	22.9%	39.9%	23.7%	27.1%	22.5%
Depreciation	304	634	310	225	185	736	277	177	149	644	212	349	201
Interest	0	4	1	0	0	8	0	—	0	31	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	6	—	—	—	—	—
Profit before tax	2,125	5,572	2,472	2,220	1,848	5,200	2,035	2,003	1,582	5,778	1,681	1,650	1,089
Tax	545	1,388	620	558	471	1,242	602	512	147	1,486	428	415	275
Net profit	1,581	4,184	1,852	1,663	1,377	3,958	1,433	1,490	1,436	4,292	1,254	1,235	814
EPS	23.63	62.57	27.69	24.86	20.59	59.19	21.42	22.28	21.47	64.18	18.74	18.47	24.35
Net profit (TTM)	9,279	9,076	8,850	8,431	8,258	8,317	8,651	8,472	8,216	7,595	6,144	6,045	6,019
EPS (TTM)	138.75	135.71	132.33	126.06	123.48	124.36	129.35	126.67	122.86	125.74	146.53	162.30	179.99

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	33,090	12,112	9,076
March 31, 2025	30,981	10,820	8,317
March 31, 2024	30,381	10,199	7,595
March 31, 2023	26,928	6,493	5,811

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
Total income (before exceptional items)	8.8%	9.7%	36,794^†	33,546^†	32,279^†	28,600^†	25,607^†	23,113^†	21,732^†	20,270^†
Operating revenue	7.1%	7.8%	33,090	30,981	30,381	26,928	24,620^†	22,755^†	21,438^†	19,894^†
Other income	—	—	3,704^†	2,566^†	1,899^†	1,672^†	986^†	359^†	293^†	376^†
Operating expenses	—	—	23,322^†	—	20,642^†	20,265^†	19,207^†	17,408^†	16,576^†	15,443^†
Operating profit	13.6%	12.8%	9,768^†	—	9,739^†	6,663^†	5,413^†	5,347^†	4,862^†	4,451^†
Operating profit margin	—	—	29.5%^†	—	32.1%^†	24.7%^†	22.0%^†	23.5%^†	22.7%^†	22.4%^†
Depreciation	—	—	1,354^†	1,340^†	1,406^†	1,784^†	1,110^†	1,178^†	998^†	1,028^†
Interest	—	—	6^†	—	32^†	58^†	58^†	259^†	348^†	171^†
Exceptional items, gain / (loss)	—	—	0^†	6^†	0^†	0^†	0^†	2^†	119^†	0^†
Profit before tax	23.1%	23.2%	12,112	10,820	10,199	6,493	5,231^†	4,271^†	3,928^†	3,628^†
Tax	—	—	3,036^†	2,503^†	2,604^†	682^†	145^†	1,038^†	1,096^†	1,345^†
Net profit	16.0%	22.9%	9,076	8,317	7,595	5,811	5,086^†	3,233^†	2,832^†	2,282^†
EPS	-7.9%	7.0%	135.71^†	124.36^†	125.74^†	173.78^†	152.12^†	96.69^†	84.70^†	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
Operating margin	29.5%^†	—	32.1%^†	24.7%^†	22.0%^†	23.5%^†	22.7%^†	22.4%^†
EBIT margin	36.6%^†	—	33.7%^†	24.3%^†	21.5%^†	19.9%^†	19.9%^†	19.1%^†
PBT margin	36.6%	34.9%	33.6%	24.1%	21.2%^†	18.8%^†	18.3%^†	18.2%^†
Net margin	27.4%	26.8%	25.0%	21.6%	20.7%^†	14.2%^†	13.2%^†	11.5%^†
Interest coverage	2114.80x^†	—	319.22x^†	113.12x^†	90.98x^†	17.48x^†	12.28x^†	22.21x^†
Dividend payout	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—
Current ratio	2.61x	2.04x	—	—	—	—	—	—
Quick ratio	1.92x	1.55x	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—
Return on equity	22.2%	23.9%	—	—	—	—	—	—
Return on assets	6.9%	7.8%	—	—	—	—	—	—
Return on capital employed	13.8%^†	—	—	—	—	—	—	—
Asset turnover	0.25x	0.29x	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	10,920	-8,346	-3,353	1,485	9,435
March 31, 2025	13,645	-10,774	-2,579	930	12,715
March 31, 2024	8,226	-6,412	-1,999	916	7,310
March 31, 2023	8,836	-5,734	-1,731	782	8,053
March 31, 2022	10,040	-12,763	-1,349	799	9,241

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	132,224	40,863	40,528	0	0	115,832	44,307	3,767	6,161	30,851
March 31, 2025	106,113	34,843	34,508	0	0	90,082	44,096	4,547	5,963	21,676
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.