Mumbai: Hindustan Aeronautics Limited (HAL), India’s leading aerospace and defence PSU, reported strong audited financial results for FY2025-26 with healthy growth in revenue, profit, and net worth. The company also announced an interim dividend of ₹35 per equity share, rewarding shareholders after another strong financial year.
HAL posted a standalone Profit After Tax (PAT) of ₹9,075.67 crore and consolidated PAT of ₹9,115.52 crore for FY26, while total income crossed ₹36,700 crore.
HAL FY26 Standalone Financial Highlights
- Total Income rose to ₹36,793.54 crore from ₹33,546.45 crore in FY25, registering growth of 9.68%.
- Revenue from Operations increased to ₹33,089.79 crore compared to ₹30,987.79 crore last year, up 6.78%.
- Profit Before Tax (PBT) stood at ₹12,112.08 crore, growing 11.94% year-on-year.
- Profit After Tax (PAT) increased to ₹9,075.67 crore from ₹8,316.80 crore, up 9.12%.
- Net Worth climbed to ₹40,862.51 crore, reflecting a growth of 17.28%.
- Basic Earnings Per Share (EPS) improved to ₹135.71 from ₹124.36 in FY25.
Read also: Hindustan Aeronautics CMD Kota Ravi Gets Additional Charge as Director (Operations) for 3 Months
HAL FY26 Consolidated Financial Highlights
- Consolidated Total Income came in at ₹36,787.95 crore, up 9.67% year-on-year.
- Revenue from Operations rose to ₹33,088.82 crore from ₹30,980.95 crore.
- Consolidated Profit Before Tax (PBT) stood at ₹12,151.93 crore, up 11.82%.
- Consolidated Profit After Tax (PAT) increased to ₹9,115.52 crore compared to ₹8,364.05 crore in FY25.
- Net Worth improved sharply to ₹41,044.60 crore, up 17.32%.
- Consolidated Basic EPS rose to ₹136.30 from ₹125.07.
HAL Dividend FY26
The Board of Directors declared an interim dividend of ₹35 per equity share for FY2025-26.
Dividend Details
- Interim Dividend: ₹35 per share
- Dividend Percentage: 700%
- Face Value of Share: ₹5 each
The dividend was approved during the Board meeting held on February 12, 2026.
HAL Q4 FY26 Results
HAL reported steady quarterly growth during the March quarter of FY26.
- Q4 Total Income stood at ₹15,095.68 crore compared to ₹14,352.61 crore in Q4FY25.
- Q4 Profit After Tax (PAT) increased to ₹4,184.28 crore from ₹3,958.25 crore.
- Quarterly Basic EPS rose to ₹62.57 from ₹59.19.
Strong Balance Sheet Growth
HAL continued to strengthen its balance sheet during FY26.
- Total Assets increased to ₹1,32,223.81 crore from ₹1,06,113.12 crore, showing 24.61% growth.
- Total Equity stood at ₹40,862.51 crore.
- Cash and Cash Equivalents were reported at ₹3,766.89 crore.
Major Operational and Accounting Developments
Gratuity Ceiling Revision
The gratuity ceiling was revised from ₹20 lakh to ₹25 lakh effective October 1, 2025, following an increase in Industrial Dearness Allowance (IDA). This resulted in an additional liability of ₹327.33 crore during Q4 FY26.
Pension Contribution Increase
HAL increased pension contributions for executives and workmen from 7% to 10%, resulting in an additional liability of ₹41.45 crore during FY26.
Salary Recovery Reversal
Following Karnataka High Court orders, the company reversed excess salary recovery claims amounting to:
- ₹185.65 crore for officers
- ₹163.90 crore for workmen
The company clarified that employee costs are not directly comparable with the previous year because of these one-time adjustments.
Offset Credit Benefit Adds to Profit
HAL recognized offset credit benefits after observations by the Comptroller & Auditor General (C&AG) and Expert Advisory Committee recommendations.
Impact on Financials
- Revenue recognized: ₹113.17 crore
- Intangible assets recognized: ₹108.41 crore
- Increase in net profit: ₹95.27 crore
Insurance Settlement and Provision Reversal
- Flood-related inventory losses at the LCA TD store were fully settled by insurance during March 2026.
- Provision for customer-owned inventory was reduced significantly, leading to a reversal of excess provision worth ₹44.99 crore.
Auditor’s Report
HAL’s audited standalone and consolidated financial statements received an unmodified or clean audit opinion from statutory auditor Gupta Nayar & Co.
The company stated that the results remain subject to supplementary audit by the Comptroller & Auditor General of India (C&AG).
Stock Exchange Details
- BSE Scrip Code: 541154
- NSE Symbol: HAL
The Board meeting to approve the financial results commenced at 10:00 AM and concluded at 12:35 PM on May 14, 2026.
About Hindustan Aeronautics Limited
Hindustan Aeronautics Limited (HAL) is India’s premier aerospace and defence public sector undertaking engaged in the design, manufacturing, repair, and maintenance of aircraft, helicopters, aero engines, avionics, and defence systems. Headquartered in Bengaluru, HAL plays a key role in strengthening India’s indigenous defence manufacturing capabilities and supports several strategic programs for the Indian Armed Forces.
Read also: Hindustan Aeronautics Reports ₹32,250 Crore Revenue, Order Book Hits ₹2.54 Lakh Crore in FY 2025–26
