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Shares of Hindustan Aeronautics
Ltd. (HAL) will be in focus on Wednesday, April 1, after the company reported its provisional business update for financial year 2025-26.
HAL posted revenue of ₹32,250 crore for FY26, a growth of 4% year-on-year, below its earlier guidance of 8-10%. The company had reported revenue of ₹30,981 crore in the previous year.
The company said growth came despite delays in deliveries of Light Combat Aircraft (LCA Mk1A) and HTT-40 due to supply chain disruptions linked to geopolitical and technical challenges.
However, this was partly offset by faster deliveries of ALH helicopters, AL31-FP and RD-33 engines, along with other products and services, helping sustain revenue and profitability.
HAL's order book remained strong at around ₹2.54 lakh crore, compared to ₹1.89 lakh crore a year ago, in line with its guidance.
The increase was driven by key contracts from the Ministry of Defence, including 97 LCA Mk1A aircraft worth ₹62,370 crore, along with orders for helicopters and Dornier aircraft.
The company said its robust order pipeline provides revenue visibility for the next 7-8 years, supported by steady demand for manufacturing, repair and overhaul (ROH), and spares.
Management highlighted that improved manufacturing capabilities, a stabilising supply chain, and diversification into the civil segment position HAL for stronger growth in FY27 and beyond.
During the year, HAL paid an interim dividend of ₹35 per share for FY26 and a final dividend of ₹15 per share for FY25, taking the total payout to ₹3,344 crore.
Shares of HAL ended Monday's session 2.75% lower at ₹3,490 and are down 21% so far this year.
HAL posted revenue of ₹32,250 crore for FY26, a growth of 4% year-on-year, below its earlier guidance of 8-10%. The company had reported revenue of ₹30,981 crore in the previous year.
The company said growth came despite delays in deliveries of Light Combat Aircraft (LCA Mk1A) and HTT-40 due to supply chain disruptions linked to geopolitical and technical challenges.
However, this was partly offset by faster deliveries of ALH helicopters, AL31-FP and RD-33 engines, along with other products and services, helping sustain revenue and profitability.
HAL's order book remained strong at around ₹2.54 lakh crore, compared to ₹1.89 lakh crore a year ago, in line with its guidance.
The increase was driven by key contracts from the Ministry of Defence, including 97 LCA Mk1A aircraft worth ₹62,370 crore, along with orders for helicopters and Dornier aircraft.
The company said its robust order pipeline provides revenue visibility for the next 7-8 years, supported by steady demand for manufacturing, repair and overhaul (ROH), and spares.
Management highlighted that improved manufacturing capabilities, a stabilising supply chain, and diversification into the civil segment position HAL for stronger growth in FY27 and beyond.
During the year, HAL paid an interim dividend of ₹35 per share for FY26 and a final dividend of ₹15 per share for FY25, taking the total payout to ₹3,344 crore.
Shares of HAL ended Monday's session 2.75% lower at ₹3,490 and are down 21% so far this year.
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