Hindustan Aeronautics

NSE: HAL · Defence · PSU

₹4,551.24

▼ -1.06%

BUY

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

Defence aerospace PSU building aircraft and helicopters.

Market cap

₹3,33,52,624 Cr

Industry / Sector

Defence

Segments

Website

Visit ↗

AircraftHelicoptersMRO

B. Fundamental analysis (illustrative)

Revenue growth

+15.91%

Net profit growth

+19.80%

Operating margin

27.69%

EBITDA margin

34.08%

ROE

11.79%

ROCE

9.34%

Debt / Equity

0.76

EPS

₹326.02

Operating cash flow

₹1,26,260 Cr

Working capital

₹43,114 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	3,93,464	4,18,864	4,48,227	4,81,484	5,38,924
EBITDA	1,30,655	1,33,856	1,55,526	1,73,333	1,83,670
Net profit	81,659	83,660	97,204	1,08,333	1,14,794
EPS (₹)	228.21	254.3	280.38	306.46	332.54

D. Valuation analysis

P/E

13.96

P/B

11.14

EV/EBITDA

31.81

Price/Sales

5.43

EPS

₹326.02

Dividend yield

3.11%

Peer comparison — Defence

Company	CMP	P/E	P/B	ROE	D/E
Hindustan Aeronautics	4,551.24	13.96	11.14	11.79%	0.76
Bharat Electronics	284.98	9.76	10.96	18.02%	0.97

E. Technical analysis

RSI (14)

56.75

MACD

11.87

Support

₹4,323.68

Resistance

₹4,824.31

Volume

70,74,020

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹4504.78

38.2% · ₹4433.71

50.0% · ₹4376.26

61.8% · ₹4318.82

F. Shareholding pattern

Promoter (Government)71.64%

FII8.59%

DII11.06%

of which Mutual Funds7.69%

Public8.71%

G. SWOT analysis

Strengths

Established position in Defence
ROE of 11.79% in demo data

Weaknesses

Limited pricing power in some segments
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Aircraft

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Moderate leverage to monitor

Business quality

Average capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 15.91%

Risk assessment

High risk

Overall

Illustrative BUY opinion · target ₹5,723.39 · stop loss ₹4,236.19

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	113.23
FY23	121.73
FY24	130.22
FY25	138.71
FY26	147.21

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement