Hindustan Aeronautics Limited
4,875.00
INR
+20.60
(+0.42%)
ISIN
INE066F01020
Return %
Stock
S&P 500
1Y
0.35
14.20
3Y
154.88
81.12
5Y
634.66
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- K. Ravi
- Full Time Employees
- 39,673
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- 15/1, Cubbon Road Bangalore KA India 560 001
- IPO Date
- Mar 28, 2018
- Website
- hal-india.com
- Similar Companies
- Business
- Hindustan Aeronautics Limited (HAL) is India's premier aerospace and defence company engaged in the design, development, manufacture, assembly, repair, and overhaul of fixed-wing and rotary-wing aircraft; helicopters; aero-engines; avionics; and accessories. The company offers a diverse portfolio of products and services including military transport aircraft such as the Dornier-228 and Hawker Siddeley HS-748; advanced light combat aircraft like the Tejas; intermediate jet trainers such as the HJT-16 Kiran; light combat helicopters (LCH); attack helicopters including the Rudra and Prachand variants; utility helicopters like the Dhruv and Cheetah/Chetak; aero-engines for various platforms; and comprehensive maintenance, repair, and upgrade (MRO) services for Indian Air Force, Army, Navy, and Coast Guard assets. HAL also provides avionics systems, landing gear, aero structures, and simulation/training equipment, serving primarily the Indian armed forces with exports to select international customers in Asia and Africa. Founded in 1940 and headquartered in Bengaluru, India, HAL operates nine production divisions and ten research and design centres across the country, with a focus on self-reliance in defence manufacturing under the 'Make in India' initiative. The company functions as a public sector undertaking under the Ministry of Defence, with significant subsidiaries including Kanpur, Lucknow, Nashik, and Koraput divisions specializing in aircraft manufacturing and engine production. In recent developments, HAL secured major contracts in 2024-2025 for indigenous production, including a landmark deal for 156 Light Combat Helicopters (Prachand) worth over INR 40,000 crore and 34 Tejas Mk1A fighters as part of larger orders totaling 97 aircraft; it also expanded partnerships with foreign OEMs like Safran for engine co-production and General Electric for F414 engine transfers to support future AMCA programs. The company achieved record order inflows exceeding INR 1 lakh crore in FY2025, driven by government push for local manufacturing, alongside new launches such as the enhanced Dhruv helicopter variants and upgrades to Su-30MKI fighters. Operationally, HAL ramped up production capacity at its Bengaluru and Nashik facilities and entered strategic alliances for UAV development and missile integration, positioning it for defence exports growth amid India's rising geopolitical needs.