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Hindustan Aeronautics Ltd. Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

Hindustan Aeronautics

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About

Hindustan Aeronautics(HAL) was created with the amalgamation of Hindustan Aircraft Ltd. and Aeronautics India Ltd. in 1964. It is engaged in the design, development, manufacture, repair, upgrade and servicing of aircraft, helicopters, aero-engines, avionics and aerospace structures. They mainly serve the Indian Airforce, Indian Navy, Indian Army and Indian Coast Guard. More than 98% of its revenue comes from India and the rest from exports. They have showcased their research abilities by developing Ajeet, Marut, MiG-21, MiG-27, Su-30 MKI, Cheetah and others.

Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

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Overview

Incorporated in 1940, Hindustan aeronautical Ltd (India) is involved in the design, production, repair and development of aircraft, helicopters, aero-engines, avionics, and aerospace structures to satisfy the demands of the defence and aerospace sectors.

The company believes in providing utmost customer satisfaction with a commitment to be innovative, honest and respectful to the needs of the consumers. 

Its corporate office is in Metro Station Cubbon Park, Shivaji Nagar, Bengaluru, Karnataka, India. The company aims at broadening its merchandise station to satisfy the growing requirements of the aerospace and defence market. Its network consists of 20 production units and eleven research and development centres equally divided over India to address the customer needs. The company is also listed on the Bombay stock exchange and the National Stock Exchange list.

 

MERGERS AND ACQUISITIONS

Shri Walchand Hirachand, in association with the Mysore government, laid the foundation stone for the aerospace company in 1940. 

In 1941, the Government of India acquired the company. 

In 2016, Naini Aerospace Limited, a wholly-owned subsidiary of Hindustan Aeronautics Limited, came into existence. A year later, another subsidiary of the company Indo - Russian Helicopters Ltd was incorporated.

 

SERVICES

The company has an indigenous range of products that they design and produce

  • systems and accessories
  • Aircraft, to name a few, Sukhoi-30 MKI, hawk, Dornier
  • light combat aircrafts
  • range of helicopters like a cheetah, Dhruv, chital, chetak, launcher, Rudra
  • power plants
  • avionics including flight data recorder, IRS, ground radars, airborne secondary radar, laser range systems, radar systems
  • missile inertial navigation systems
  • aircraft communication systems
  • cryogenic engines
  • general and precision forgings
  • powder metallurgy
  • aircraft and helicopters maintenance, repair and overhaul (MRO) services
  • rolled rings and castings

 Hindustan Aeronautics Limited is planning to introduce indigenous projects like the Indian Multi-Role Helicopter. The national defence company is actively engaged in the export business of its cost-effective products. Boeing 737 Freighter Conversion Kits, Airbus A320 Forward Passenger Doors, Eurocopter Ecureuil composites are few company exports. 

 

MILESTONES

1963 - Established as a private limited company by the name Aeronautics India Limited. 

In 1964, two pivotal companies Hindustan Aircraft Limited and Aeronautics India Limited came together and instituted Hindustan Aeronautics Limited. The contemporary company inaugurated a Helicopter factory in Bangalore in the same year. 

In 1995, the status of the aircraft manufacturer changed from private to public. Half a decade later, the company established an Airport Service Centre in Bangalore.

The aerospace and defence company started manufacture Jaguar aircraft in 1979 and Swing-wing MiG-27M aircraft in 1982. 

During the year 2015, it received a quality certification ISO(9001).

 

AWARDS AND RECOGNITIONS

The manufacturer was honoured with India Pride Award 2014-15 for its significant contribution to the Indian defence sector.

The company was declared the Legend PSU of the Year 2013. In 2007, the helicopter designer was granted the title of Navratna company by the Department of Public Enterprises, Government of India.  

Hindustan aeronautical limited grabbed a trophy for winning the IEI Industry Excellence Award. 

 Ministry of Defence, Government of India, recognized the efforts of team Hindustan Aeronautics Limited and awarded it Raksha Mantri Award for Excellence in Performance under Institutional Category.

It received the Golden Peacock Innovative Product / Service Award for Combined Interrogator and Transponder project. 

 

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Brands Of Hindustan Aeronautics

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