H

Hindustan Aeronautics Limited

HALNSE
Market snapshot · 2026-08-11 00:02 UTC

4,928.00

+₹18.00 (+0.37%)

MARKET CAP

₹3.30L Cr

STOCK P/E

36.1x

52W HIGH

₹4,978.00

52W LOW

₹3,479.10

BOOK VALUE

₹613.68

EPS

₹136.50

ROE

23.98%

SECTOR

Industrials

DEBT/EQUITY

0.16

VOLUME

5.89L

P/B RATIO

8.03x

PEG RATIO

6.56

Sector

Industrials

Themes

Industrial Machinery
D
Dividend
E
Earnings
₹4,928.00₹4,593.15₹4,258.30₹3,923.45₹3,588.60VolumeEDEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for HAL.

25.00 analysts

Price Forecast

Current
₹4,928
High Target
₹6,300
▲ +27.8%
Median Target
₹5,300
▲ +7.5%
Low Target
₹3,200
▼ -35.1%
Now₹4,928High ₹6,300Median ₹5,300Low ₹3,200Aug '25Now12M Target
Price history (1Y)
Analyst target range
25 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹4,171 - ₹5,91580%
6M₹3,911 - ₹6,41080%
12M₹3,587 - ₹7,21480%
Realized vol: +27.3% · Drift: +6.9%

Revenue Forecast

₹ Cr
Mar '26Current₹13,943.0
Sep 2026 ETrend estimate range
High₹7,714.9Base₹7,143.5Low₹6,572.0
Jun '25: ₹4,819.0 · Sep '25: ₹6,628.0 · Dec '25: ₹7,699.0 · Mar '26: ₹13,943.0 · Sep '26: ₹7,143.5 · Dec '26: ₹8,297.8
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E4,819.06,628.07,699.013,943.07,143.58,297.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹62.57
Sep 2026 ETrend estimate range
High₹32.16Base₹28.72Low₹25.27
Jun '25: ₹20.59 · Sep '25: ₹24.86 · Dec '25: ₹27.69 · Mar '26: ₹62.57 · Sep '26: ₹28.72 · Dec '26: ₹31.99
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E20.5924.8627.6962.5728.7231.99
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
59%
Analyst Consensus
Weakening

From 25 analysts

Mean upside+5.1%

Fundamentals

Strong

Fundamentals institutional score is 81 using EVA spread proxy 12.0%; growth durability 56.6.

Valuation

Premium valuation

Valuation institutional score is 39 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 47 using mean target upside 5.1%; dispersion penalty 23.9; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 31 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and market sentiment provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price5,179 target
Mean Upside+5.1%
Technical Score31%
Fundamental Score81%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 15.4% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.06). Confidence: 77%.

Live forward EPS implies next-12-month EPS of ₹169.40. Applying the stock's normalized valuation corridor produces a fair range of ₹4,370.52 to ₹5,696.92, with base value near ₹5,297.14 (+7.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹169.40

Forward P/E

29.1x

Base Fair Value

₹5,297.14

Fair Range

₹4,370.52 - ₹5,696.92

Upside To Base

+7.5%

Estimate Source

Live forward EPS

Growth Estimate

+5.5%

P/E
Strongly Overvalued

5Y Average

20.89

Current

36.10

Overvalued

33.63

Undervalued

25.80

EV/EBITDA
Strongly Overvalued

5Y Average

20.53

Current

35.47

Overvalued

31.56

Undervalued

8.81

P/B
Undervalued

5Y Average

7.98

Current

8.03

Overvalued

9.17

Undervalued

6.78

Peers & Comparison

Sector: Industrials · Theme: Industrial Machinery

Industrial Machinery Peers1 peer
Avg P/E: 64x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CUMMINS INDIA LTD
CUMMINSINDIndustrial Machinery
+17.9%18.7%
64.0x
Fair
0% vs avg
+43.1%
WHY THESE PEERS

HINDUSTAN AERONAUTICS LTD trades at a discount (36.1x vs peer avg 64.0x), suggesting potential undervaluation relative to the Industrial Machinery cohort. Peers include CUMMINS INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹13.94K CrMar 2026

Latest net profit

₹4.18K CrMar 2026

Latest EPS

₹62.57Mar 2026

Net margin

36.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%10.0%20.0%30.0%40.0%0.00 Cr3.50K Cr7.00K Cr10.50K Cr14.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr3.50K Cr7.00K Cr10.50K Cr14.00K Cr₹0₹20₹40₹60₹80
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr3.50K Cr7.00K Cr10.50K Cr14.00K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr35.00K Cr70.00K Cr1.05L Cr1.40L Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +12,4953,9155,6366,06114,7694,3485,9776,95713,7004,8196,6287,69913,943
Expenses +9,2523,0364,1074,6278,8723,3544,3465,2768,4083,5355,0715,8308,885
Operating Profit3,2428801,5291,4345,8969941,6301,6815,2921,2841,5571,8695,058
OPM %26%22%27%24%40%23%27%24%39%27%23%24%36%
Other Income +7224114714605577385506316537498899141,152
Interest550003100080014
Depreciation1,055201349212644149177277736185225310634
Profit before tax2,8541,0891,6501,6815,7781,5822,0032,0355,2001,8482,2202,4725,572
Tax %0%25%25%25%26%9%26%30%24%25%25%25%25%
Net Profit +2,8418141,2351,2544,2921,4361,4901,4333,9581,3771,6631,8524,184
EPS in Rs42.4812.1718.4718.7464.1821.4722.2821.4259.1920.5924.8627.6962.57
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +71.64%71.64%71.64%71.64%71.64%
FIIs +11.90%12.00%10.86%10.21%9.34%
DIIs +8.67%8.64%9.68%10.43%11.90%
Government +0.05%0.07%0.07%0.07%0.07%
Public +7.72%7.64%7.77%7.66%7.03%
Others0.02%0.01%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 05, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 04, 2026PDFCompany Reports Open

63Rd Annual General Meeting On 28Th August, 2026

Aug 04, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Aug 04, 2026PDFCompany Reports Open

Board Meeting Intimation for Considering Audited Financial Results For The Quarter Ended 30Th June, 2026

Jul 31, 2026PDFCompany Reports Open