Bengaluru: Hindustan Aeronautics Limited (HAL), India’s leading aerospace and defence public sector undertaking, has reported a record provisional revenue of ₹32,250 crore for the financial year 2025–26, up from ₹30,981 crore in FY 2024–25. The growth comes despite supply chain challenges affecting deliveries of platforms like the LCA Mk1A and HTT-40.
HAL also declared a robust dividend payout, reflecting strong profitability and commitment to shareholders.
Record Revenue Amid Supply Chain Challenges
HAL’s FY 2025–26 revenue growth demonstrates operational resilience and efficiency in execution. The company successfully navigated supply chain disruptions while delivering key defence platforms, including the Light Combat Aircraft (LCA) Mk1A and HTT-40 trainer aircraft.
Dr. D K Sunil, CMD of HAL, stated that the company’s consistent growth highlights its capability to strengthen order pipelines and expand manufacturing capacities even in challenging environments.
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Strong Order Book Provides Long-Term Visibility
HAL’s order book surged to ₹2.54 lakh crore as of March 31, 2026, up from ₹1.89 lakh crore at the start of the year. This increase is driven by key contracts with the Ministry of Defence (MoD), including:
- 97 LCA Mk1A aircraft – ₹62,370 crore
- Six ALH CG helicopters – ₹2,704 crore
- Eight Dornier CG aircraft – ₹2,186 crore
These orders provide revenue visibility for the next 7–8 years, ensuring sustained manufacturing, spares, and overhaul (ROH) activity.
Dividend Payout Reflects Strong Shareholder Returns
HAL rewarded its shareholders with substantial dividends during FY 2025–26:
- Interim Dividend: ₹35 per equity share (total ₹2,341 crore)
- Final Dividend for FY 2024–25: ₹15 per equity share (total ₹1,003 crore)
The total dividend payout of ₹3,344 crore underscores HAL’s profitability and shareholder focus.
Capacity Expansion and Strategic Initiatives
HAL made significant progress in capacity augmentation and strategic initiatives:
- Operationalization of third LCA Tejas production line and second HTT-40 production line at Nasik Division
- MoU with Mishra Dhatu Nigam Limited (MIDHANI) to establish a Strategic Metal Bank for critical raw materials, enhancing self-reliance
These steps strengthen HAL’s manufacturing capabilities and long-term supply chain security.
Diversification and Civil Aviation Milestones
HAL advanced into civil aviation and strategic partnerships:
- Inaugural flight of Dhruv NG helicopter
- Maiden flight of first series-production HTT-40 aircraft
- MoU with PJSC-UAC, Russia, for production of SJ-100 civil commuter aircraft
- Contracts with Pawan Hans Ltd for 10 Dhruv NG helicopters
- Contracts with Jags Aviation, Guyana for two Hindustan-228 aircraft, delivered ahead of schedule
- SSLV Technology Transfer Agreement with ISRO, IN-SPACe, and NSIL, marking HAL’s entry into full launch services for small satellites
Sustainability and Digital Transformation
HAL continues to strengthen sustainability and digital initiatives:
- Achieved 50.15 MW renewable energy capacity, meeting ~40% of electricity needs
- Implemented Robotic Process Automation (RPA) and AI-enabled Flight Snag Intelligence
- Centralized IT infrastructure with Tier-3 Data Centre and Private Cloud
These initiatives improve operational efficiency and support India’s green and digital transformation goals.
Outlook
With a strong order book, enhanced manufacturing capabilities, and strategic diversification into civil aviation and space, HAL is well-positioned for sustained growth in FY 2026–27 and beyond.
About HAL
Hindustan Aeronautics Limited (HAL) is a Maharatna CPSE and India’s premier aerospace and defence manufacturer. HAL designs, manufactures, and maintains aircraft, helicopters, engines, and aerospace components, while expanding into civil aviation, space, and renewable energy initiatives to strengthen India’s self-reliance in defence and aerospace.
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