HAL-India’s defense business giant Hindustan Aeronautics Limited (NSE: HAL) has decided to accelerate the development work of an Indian multi-role helicopter.
Medium-lift aircraft can be used in different military roles. KV Ananth Krishnan, CMD of Hindustan Aeronautics Limited, has said that this plan of Hindustan Aeronautics Limited is still in the design stage and efforts are being made to partner with different companies to develop it.
The head of Hindustan Aeronautics Limited has said that many types of military operations require a non-conventional approach.
Hindustan Aeronautics Limited is undertaking business model development for such medium-lift aircraft while trying to tie up strategically with several suppliers and original equipment manufacturers for the success of this program.
Hindustan Aeronautics Limited signed an agreement with French defense giant Safran to supply the engines for medium-lift aircraft.
Hindustan Aeronautics Limited is in talks with 2 to 3 foreign companies for transmission and router systems from which critical components can be sought.
Hindustan Aeronautics Limited is taking forward talks in collaboration with Indian private companies for airframe and AB mix.
Indian Multi Role Helicopter Program can prove to be very useful in the country.
With this, the plan to replace the old helicopter fleet and make the country self-reliant in defense technology can come to fruition.
Hindustan Aeronautics Limited is a leading company in India’s defense and aerospace business.
The stake of foreign investors in Hindustan Aeronautics Limited is continuously increasing.
Stock market experts have said that if the shares of Hindustan Aeronautics Limited are currently functioning at the level of Rs 3060, the next target can be seen at the level of Rs 3200.
You can make money by investing in the stock market. If you want to do so, you should keep an eye on Hindustan Aeronautics Limited. Once it starts trending upwards, you can purchase its shares.
About Hindustan Aeronautics Ltd
Hindustan Aeronautics Ltd. (HAL)is an aerospace company. It manufactures, repairs, and maintenance of Aircraft and Helicopters.
It was created in the year 1964. The principal office of the company is located in Bangalore.
Fundamental Analysis of Hindustan Aeronautics Ltd
| Market Cap | ₹ 2,11,358 Cr. |
| Current Price | ₹ 3,152 |
| 52-wk High | ₹ 3,170 |
| 52-wk Low | ₹ 1,238 |
| Stock P/E | 34.4 |
| Book Value | ₹ 375 |
| Dividend | 0.87 % |
| ROCE | 30.6 % |
| ROE | 27.2 % |
| Face Value | ₹ 5.00 |
| P/B Value | 8.41 |
| OPM | 25.2 % |
| EPS | ₹ 91.9 |
| Debt | ₹ 0.37 Cr. |
| Debt to Equity | 0.00 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹3000 | ₹3200 |
| 2025 | ₹3289 | ₹3400 |
| 2026 | ₹3500 | ₹3870 |
| 2027 | ₹4000 | ₹4500 |
| 2028 | ₹4590 | ₹5000 |
| 2029 | ₹5089 | ₹5300 |
| 2030 | ₹5600 | ₹6000 |
| Promoters Holding | |
| Dec 2022 | 75.15% |
| Mar 2023 | 71.65% |
| June 2023 | 71.64% |
| Sept 2023 | 71.64% |
| Dec 2023 | 71.64% |
| FII Holding | |
| Dec 2022 | 7.14% |
| Mar 2023 | 9.07% |
| June 2023 | 11.90% |
| Sept 2023 | 12.63% |
| Dec 2023 | 12.93% |
| DII Holding | |
| Dec 2022 | 12.72% |
| Mar 2023 | 13.93% |
| June 2023 | 10.64% |
| Sept 2023 | 9.72% |
| Dec 2023 | 9.13% |
| Public Holding | |
| Dec 2022 | 4.98% |
| Mar 2023 | 5.34% |
| June 2023 | 5.81% |
| Sept 2023 | 6.02% |
| Dec 2023 | 6.28% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 20,008 Cr |
| 2020 | ₹ 21,445 Cr |
| 2021 | ₹ 22,882 Cr |
| 2022 | ₹ 24,620 Cr |
| 2023 | ₹ 28,107 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 2,346 Cr |
| 2020 | ₹ 2,842 Cr |
| 2021 | ₹ 3,239 Cr |
| 2022 | ₹ 5,086 Cr |
| 2023 | ₹6,144 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.34 |
| 2020 | 0.44 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 7% |
| 5 Years: | 24% |
| 3 Years: | 28% |
| Current Year: | 1% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 22% |
| 5 Years: | 25% |
| 3 Years: | 27% |
| Last Year: | 27% |
Sales Growth Over 10 Years:
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Current Year: | 8% |
Company’s Positive Signs:
- The company has trimmed its debt and is now debt-free.
- The company has recorded an annual growth in earnings in the range of 23.9 CAGR over the last five years.
- The company has a great ROI (ROE) history of 3 years of 26.7 percent.
- The company has remained at its dividend payout of 29.6 percent.
- The requirements of the company in working capital are cut to 98.4 days down to 38.2 days.
Company’s Negative Signs:
- The stock has been trading for 7.81 times the book value.
- It has experienced an insufficient increase of 7.77 percent over the past 5 years.
- The tax rate of the company appears to be low.
- Promoter holding of the company has declined over three seasons to -3.51%.
Conclusion
This article is a complete guide about Hindustan Aeronautics Ltd (HAL) Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
