Hindustan Aeronautics Limited (HAL) announced provisional unaudited revenue of ₹32,250 crores for FY 2025-26, up from ₹30,981 crores the previous year. This growth occurred despite supply chain issues impacting LCA Mk1A and HTT 40 deliveries. The healthy order book stands at ₹2.54 lakh crores, underpinned by major defense contracts, positioning HAL for strong performance moving forward.
FY 2025-26 Financial Performance Highlights
Hindustan Aeronautics Limited (HAL) recorded a provisional and unaudited revenue of ₹32,250 crores for the financial year ending March 31, 2026. This marks a notable increase compared to the previous year’s revenue of ₹30,981 crores. This achievement was secured despite significant challenges in the supply chain concerning deliveries of the LCA Mk1A and HTT 40 platforms.
Dr. D K Sunil, CMD, HAL, stated that the company showed resilience and steady growth by strengthening its order pipeline and expanding manufacturing capabilities.
Order Book Strength and Major Contracts
HAL’s order book remains robust, standing at approximately ₹2.54 lakh crores as of March 31, 2026, up substantially from the opening position of ₹1.89 lakh crores (after current year adjustments). This increase is primarily attributed to major new orders signed with the Ministry of Defence (MoD), including:
- 97 Light Combat Aircraft (LCA) Mk1A aircraft valued at ₹62,370 crores.
- Six ALH CG platforms for ₹2,704 crores.
- Eight Dornier CG aircraft for ₹2,186 crores.
These outstanding manufacturing orders provide revenue visibility for the next 7-8 years, ensuring a robust backlog for spares and overhaul (ROH) activities as well.
Capacity Augmentation and Strategic Moves
The company made substantial progress in capacity expansion during the year, including the operationalization of the third LCA Tejas production line and the second HTT 40 line at its Nasik Division.
Furthermore, HAL advanced its self-reliance goals by signing an MoU with Mishra Dhatu Nigam Limited (MIDHANI) to establish a Strategic Metal Bank for critical raw materials.
Diversification and Civil Aviation Milestones
HAL achieved several key milestones in civil aviation and partnerships:
- Made a firm entry into the civil sector with the inaugural flight of the Dhruv NG helicopter.
- The first series-production Hindustan Turbo Trainer-40 (HTT-40) aircraft completed its maiden flight.
- Signed an MoU with Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) to produce the civil commuter aircraft, the SJ-100.
- Secured contracts to supply 10 Dhruv NG helicopters to Pawan Hans Ltd and two Hindustan-228 aircraft to Jags Aviation, Guyana (which were delivered ahead of schedule).
- Signed the SSLV Technology Transfer Agreement with ISRO, IN-SPACE, and NSIL, signaling a transition toward becoming a full launch service provider.
Sustainability and Digital Transformation
HAL reinforced its commitment to sustainability, achieving a cumulative renewable energy capacity of 50.15 MW, meeting about 40% of its electricity needs from renewable sources.
On the digital front, the company rolled out Robotics Process Automation and integrated AI-enabled systems like Flight Snag Intelligence to boost efficiency. For long-term strategy, HAL is centralizing its IT infrastructure by establishing a Tier-3 Data Centre and developing a Private Cloud.
In Corporate Social Responsibility (CSR), HAL launched an Endowment Scholarship Scheme in partnership with IIT Madras to support meritorious students from economically weaker sections for 15 years.
Dividend Payout and Leadership Development
The company confirmed dividend payments for shareholders:
- An interim dividend of Rs 35/- per equity share (Face Value Rs 5/-) for FY 2025-26, totaling ₹2,341 crores.
- A final dividend of Rs 15/- per equity share (Face Value Rs 5/-) for FY 2024-25, totaling ₹1,003 crores.
The total cash outflow for dividend payments during the year amounted to ₹3,344 crores.
To nurture future leaders, HAL rolled out the seventh edition of its Leadership Development Program (LDP), preparing high-potential officers for top management.
With enhanced manufacturing capabilities and a stabilizing supply chain, the company is well-positioned to deliver strong financial performance in FY 2026-27 and beyond.
Source: BSE
