Hindustan Aeronautics
- Market cap
- ₹ 3,15,531 Cr.
- P/E
- 33.9x
- P/B
- 7.94x
- 52-week range
- 3,479.1 – 5,149.9
- ROE
- 24%
- ROCE
- 32%
- Dividend yield
- 0.9%
- Debt / equity
- 0
- Sector
- Aerospace & Defense
- Industry
- Aerospace & Defense
- Listed on
- NSE, BSE
About
Hindustan Aeronautics Limited is an India-based company. The Company is engaged in design, development, manufacture, repair, overhaul, upgrade, and service. Its range of products include aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures. The Company's aircraft products include Light Combat Aircraft (LCA) Tejas, Hindustan Turbo Trainer (HTT)-40, Dornier, Intermediate Jet Trainer (IJT), SU-30 MKI, and The Hawk. Its helicopter products include Dhruv, Cheetah, Chetak, Lancer, Cheetal, Rudra, Light Combat Helicopter (LCH), and Light Utility Helicopter (LUH). Its civil aviation products include Do-228 Aircraft (Civil) and DHRUV (ALH) - NG. Its space products include Structures, Propellant Tank, and Cryogenic Engines. Its system products include Flight Data Recorder, Panel Instruments, Ground Radars, Forgings, Castings, and Others. Its maintenance, repair, and operations (MRO) products include Aircraft MRO, Helicopter MRO, Power Plant Services, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aerospace & Defense: 33 companies →Hindustan Aeronautics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)33.9 against a typical 72.2: cheaper than most peers (1st = cheapest).3rd of 33
- Sales growth+14.4% against a typical +30.4% from a year earlier.19th of 28
- Profit growth+14.9% against a typical +8.9% from a year earlier.13th of 27
- Share price, 3 months+5.7% against a typical −2%.14th of 32
- Size₹ 3,15,531.4 Cr. market value against a typical ₹ 4,442.2 Cr. (1st = largest).1st of 28
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA / CARE A1+ | Stable | 9 Mar 2026 |
| ICRA | [ICRA]AAA | Stable | 30 Sep 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 9 Mar 2026 | Reaffirmed | CARE AAA / CARE A1+ | — | CARE | ₹ 6,050 Cr. | |
| 30 Sep 2025 | Reaffirmed | [ICRA]AAA | — | ICRA | ₹ 6,050 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Hindustan AeronauticsAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 Jun 2026 | Dividend | To consider dividend |
| 14 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,636 | 6,061 | 14,769 | 4,348 | 5,976 | 6,957 | 13,700 | 4,819 | 6,629 | 7,699 | 13,942 | 5,515 |
| Expenses | 4,108 | 4,626 | 8,867 | 3,357 | 4,336 | 5,275 | 8,405 | 3,537 | 5,071 | 5,828 | 8,884 | 3,988 |
| Operating Profit | 1,528 | 1,435 | 5,901 | 991 | 1,640 | 1,683 | 5,295 | 1,282 | 1,558 | 1,871 | 5,059 | 1,527 |
| OPM % | 27% | 24% | 40% | 23% | 27% | 24% | 39% | 27% | 24% | 24% | 36% | 28% |
| Other Income | 474 | 467 | 569 | 742 | 560 | 637 | 669 | 757 | 895 | 927 | 1,164 | 912 |
| Interest | 0 | 0 | 31 | 0 | 0 | 0 | 8 | 0 | 0 | 1 | 4 | 0 |
| Depreciation | 350 | 212 | 644 | 149 | 178 | 277 | 736 | 185 | 226 | 310 | 634 | 304 |
| Profit before tax | 1,651 | 1,689 | 5,795 | 1,584 | 2,023 | 2,042 | 5,219 | 1,854 | 2,227 | 2,487 | 5,584 | 2,134 |
| Tax % | 25% | 25% | 26% | 9% | 25% | 30% | 24% | 25% | 25% | 25% | 25% | 26% |
| Net Profit | 1,237 | 1,262 | 4,309 | 1,437 | 1,510 | 1,440 | 3,977 | 1,384 | 1,669 | 1,867 | 4,196 | 1,590 |
| EPS in Rs | 18.49 | 18.86 | 64.43 | 21.49 | 22.59 | 21.53 | 59.46 | 20.69 | 24.96 | 27.91 | 62.74 | 23.77 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 8%
- 3 Years
- 7%
- TTM
- 7%
- 10 Years
- 16%
- 5 Years
- 23%
- 3 Years
- 16%
- TTM
- 12%
- 10 Years
- —
- 5 Years
- 55%
- 3 Years
- 37%
- TTM
- —
- 10 Years
- 25%
- 5 Years
- 27%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hindustan Aeronautics | ₹ 4,850.00 | ₹ 3,15,531 Cr. | 33.9x | 7.9x | 24% | — |
| Bharat Electronics | ₹ 360.10 | ₹ 2,63,225 Cr. | 49.4x | 12.5x | 27.6% | 21.8% |
| Bharat Dynamics | ₹ 1,017.00 | ₹ 37,279 Cr. | 109.4x | 10.9x | 10.2% | 17.2% |
| Data Patterns (India) | ₹ 3,788.95 | ₹ 21,212 Cr. | 83.6x | 13.2x | 16.7% | 29.3% |
| Astra Microwave Products | ₹ 1,495.00 | ₹ 14,146 Cr. | 84.9x | 12.4x | 16% | 16.6% |
| Aequs | ₹ 235.80 | ₹ 15,804 Cr. | — | 10.3x | — | — |
Management
- Ravi Kota
- Executive Chairman of the Board, Managing Director
- Barenya Senapati
- Chief Financial Officer, Executive Director - Finance
- P. B. Rangarao
- Chief Executive Officer - Helicopter Complex
- Jayakrishnan S.
- Chief Executive Officer - Bangalore Complex
- M. Satyanarayana
- Chief Executive Officer - Accessories Complex
- Shailesh Bansal
- Compliance Officer, Company Secretary
- Ajay Kumar Shrivastava
- Executive Director - Engineering and Research and Development
- Pradeep Kumar
- Executive Director - Human Resources
Prices are delayed and for information only. Nothing on this page is investment advice.