Hindustan Aeronautics Shares Gain 2%: Financial Performance, Ratios, Technicals, and Outlook

HAL shares rise 2% to ₹4,676.60. Explore revenue, profit, EPS trends, dividends, stock split, key ratios, and technical analysis.

Image AI Generated

---

Hindustan Aeronautics Shares in Focus

Hindustan Aeronautics Limited (HAL) saw its stock price rise 2.08% on Friday, September 12, 2025, trading at ₹4,676.60 at 10:18 AM. The move has brought renewed attention to India’s largest aerospace and defense manufacturer, which is a key constituent of the Nifty Next 50 index.

While the near-term price uptick is noteworthy, investors are paying closer attention to HAL’s financial performance, capital allocation, and strategic role in India’s defense ecosystem.

---

Financial Snapshot: Multi-Year Growth Story

HAL’s financials highlight a steady expansion in revenue and profitability, though some margin fluctuations are visible.

Annual Performance (₹ Crore)

Particulars	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue	22,754.54	24,620.02	26,927.46	30,381.08	30,980.95
Net Profit	3,234.25	5,080.11	5,824.86	7,594.45	8,323.40
EPS (₹)	96.87	151.92	174.28	113.95	125.07

🔎 Insight:

• Revenue grew 1.97% YoY in FY25, showing stability despite a high base.

• Net profit surged 9.6%, reflecting improved efficiency and strong execution in defense contracts.

• EPS, though lower than FY23 levels due to base changes, has stabilized above ₹120.

---

Quarterly Performance (₹ Crore)

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Revenue	4,347.50	5,976.29	6,957.31	13,699.85	4,819.01
Net Profit	1,431.11	1,498.46	1,434.36	3,959.47	1,373.49
EPS (₹)	21.49	22.59	21.53	59.46	20.69

🔎 Insight:

• Revenue in Jun 2025 rose 10.85% YoY, a sign of consistent contract execution.

• Net profit fell 4.03% YoY, hinting at cost pressures or timing in defense deliveries.

---

Key Ratios: Stability in Balance Sheet

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Basic EPS (₹)	96.87	151.92	174.28	113.95	125.07
Book Value / Share (₹)	461.02	577.68	705.04	435.75	523.07
ROE (%)	21.01	26.30	24.72	26.15	23.91
Debt-to-Equity	0.00	0.00	0.00	0.00	0.00

🔎 Insight:

• Zero debt continues to provide HAL a rock-solid balance sheet.

• ROE dipped slightly from 26.15% to 23.91%, still a healthy return metric.

• Book value per share shows consistent growth, reinforcing intrinsic value.

---

Corporate Actions: Dividends & Stock Split

HAL has been consistent in rewarding shareholders:

• Final Dividend FY25: ₹15 per share (300%), announced June 27, 2025, effective August 21, 2025.

• Interim Dividend FY25: ₹25 per share (500%), announced February 10, 2025.

• Stock Split FY23: Face value reduced from ₹10 to ₹5 (effective September 28, 2023).

This steady payout policy, combined with defense sector visibility, makes HAL a strong income + growth play.

---

Technical Analysis: Hindustan Aeronautics (HAL)

As of September 12, 2025, HAL trades at ₹4,676.60, showing a 2.08% intraday gain. Here’s how the chart setup looks:

• 50-Day Moving Average (50-DMA): Around ₹4,520 – the stock is currently trading above this level, signaling strength.

• 200-Day Moving Average (200-DMA): Near ₹4,180 – HAL remains firmly in a long-term uptrend.

• Relative Strength Index (RSI): Currently around 62, suggesting the stock is in bullish momentum but not yet overbought (over 70).

• Support Levels: ₹4,500 (near-term), followed by ₹4,350.

• Resistance Levels: ₹4,750 (immediate), followed by ₹5,000 – a psychological round number that could attract profit booking.

• Trend Outlook:

  • Short-term traders may see range-bound action between ₹4,500–₹4,750.

  • A breakout above ₹4,750 could push the stock toward ₹5,000–₹5,100 levels.

  • Sustained trade below ₹4,500 may invite some consolidation toward the 200-DMA at ₹4,180.

🔎 Technical Takeaway:
HAL’s chart structure remains bullish with higher lows, supported by strong fundamentals. Short-term traders can track ₹4,500 as a key support, while long-term investors may continue to hold given the favorable defense sector outlook.

---

Market View and Outlook

• Demand Drivers: India’s push for defense indigenization, HAL’s order pipeline (LCA Tejas, helicopters, engines) provides long-term visibility.

• Profitability Risks: Margin pressures may arise from raw material costs and forex volatility.

• Investor Angle: HAL’s strong balance sheet, steady dividends, and strategic importance make it a defensive bet in volatile markets.

With HAL trading at ₹4,676.60, investors see it as a core defense sector holding aligned with India’s strategic growth story.

---

Author’s Note

This blog is for educational and informational purposes only and should not be taken as investment advice. Investors should consult company filings, financial statements, and market data before making decisions.