Hindustan Aeronautics Limited (HAL)
recorded a revenue of Rs. 32,250 crores (provisional and unaudited) for the
financial year ended March 31, 2026, as against the revenue of Rs. 30,981
crores during the previous year. This achievement was made possible despite the
challenges faced in deliveries of LCA Mk1A and HTT 40 due to supply chain
issues arising from geopolitical and technical challenges. However, deliveries
of ALH, AL31-FP, RD-33 engines, and other products and services were
accelerated, helping maintain the top line and healthy profitability.
"HAL has shown resilience and
maintained steady growth despite geopolitical tensions, global conflicts, and
supply chain challenges in the aerospace and defence sectors. During the past
year, HAL strengthened its order pipeline, expanded its manufacturing
capability and diversified into the civil segment to support future
growth," said Dr. D K Sunil, CMD, HAL.
HAL's order book remained healthy at
around Rs 2.54 lakh crores as on 31st March 2026, against the
opening order book position of Rs 1.89 lakh crores, after adjusting current year
liquidation. The increase is mainly due to the signing of major orders with the
MoD for the supply of 97 Light Combat Aircraft (LCA) Mk1A aircraft for Rs
62,370 crores, six ALH CG for Rs 2,704 crores, and eight Dornier CG for Rs
2,186 crores. The outstanding manufacturing orders for helicopters, aircraft,
and engines provide long term revenue visibility over the next 7-8 years. Also,
the ROH, spares and other order book remained healthy and are expected to
remain robust in the coming years.
During the year, the Company has
paid an interim dividend of Rs 35/- per equity share at a face value of Rs 5/-
each for the FY 2025-26, totalling Rs 2,341 crores. Further, a final dividend
of Rs 15/- per equity share at a face value of Rs 5/- each for the FY 2024-25,
totalling Rs 1,003 crores has been paid. The total cash outflow for payment of
the above dividend during the year is Rs 3,344 crores to its shareholders.
During the year, the Company made
significant progress in capacity augmentation with the operationalisation of
the third LCA Tejas production line and second HTT 40 line at its Nasik
Division. The company also signed an MoU with Mishra Dhatu Nigam Limited
(MIDHANI) to set up a Strategic Metal Bank for critical raw materials, paving
the way for self-reliance in critical strategic materials.
HAL made a firm entry into the civil
aviation sector with the inaugural flight of the Dhruv NG helicopter. The first
series-production Hindustan Turbo Trainer-40 (HTT-40) aircraft also made its
maiden flight during the year.
As part of its diversification
efforts, HAL formed important partnerships this year. The company signed an MoU
in Moscow with Public Joint Stock Company United Aircraft Corporation
(PJSC-UAC) to produce the civil commuter aircraft, the SJ-100. HAL also signed
contracts with Pawan Hans Ltd to supply 10 Dhruv NG helicopters and with Jags
Aviation, Guyana, to supply two Hindustan-228 aircraft. The two H-228 aircraft
were delivered recently to Guyana ahead of the contracted delivery schedule.
This year, HAL signed the SSLV
Technology Transfer Agreement with ISRO, IN-SPACe, and NSIL as part of its
transition from a component supplier to a full launch service provider and a
key player in the fast-growing small satellite market.
The Company also undertook
significant digital transformation initiatives, including the roll out of
Robotics Process Automation, integration of AI-enabled systems such as Flight
Snag Intelligence and deployment of Daily Digital Inspection to enhance efficiency
and improve execution. As part of its long-term digital strategy, HAL is
centralising its IT infrastructure by consolidating servers, establishing a
Tier-3 Data Centre and developing a Private Cloud.
Reinforcing its commitment to sustainability,
the Company established a cumulative renewable energy capacity of 50.15 MW, and
has met around 40% of its electricity requirements from Renewable Energy
Sources. On the CSR front, in a first-of-its-kind initiative, the Company
launched a HAL Endowment Scholarship Scheme in partnership with the Indian
Institute of Technology, Madras (IITM) to support meritorious students from
economically weaker sections of the society for a period of 15 years. The
Company also sponsored a mountaineering expedition to South America.
To strengthen its leadership
pipeline and ensure strategic leadership continuity during the year, HAL rolled
out the seventh edition of its flagship Leadership Development Program (LDP),
designed to prepare high-potential officers for top management roles.
With new orders in hand, enhanced
manufacturing capabilities and a stabilising supply chain, the company is
well-positioned to deliver strong financial performance in FY 2026-27 and
beyond.