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DEFENCE INDUSTRYINDIAN AIR FORCE

FY 2025-26: HAL Registers Revenue of Rs. 32,250 Crores, Sustains Growth Momentum Amid Global Disruptions

Bengaluru, March 31, 2026: 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.

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