Hindustan Aeronautics Limited (HAL) — Quarter and year ended 31st March 2026 (audited; standalone and consolidated)
Hindustan Aeronautics Limited (HAL) — Quarter and year ended 31st March 2026 (audited; standalone and consolidated)
| Sl. No | Particulars | Quarter ended (Standalone) 31-Mar-26 (Audited) | Quarter ended (Standalone) 31-Dec-25 (Audited) | Quarter ended (Standalone) 31-Mar-25 (Audited) | Year ended (Standalone) 31-Mar-26 (Audited) | Year ended (Standalone) 31-Mar-25 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income from Operations | |||||
| (a) Revenue from operations | 13,94,332 | 7,69,887 | 13,69,987 | 33,08,979 | 30,98,092 | |
| (b) Other Income | 1,15,236 | 91,351 | 65,274 | 3,70,375 | 2,56,553 | |
| Total Income | 15,09,568 | 8,61,238 | 14,35,261 | 36,79,354 | 33,54,645 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 12,12,108 | 4,53,185 | 11,55,329 | 23,88,698 | 19,25,790 | |
| (b) Purchase of stock-in-trade | 20,898 | 15,923 | 25,020 | 59,112 | 67,937 | |
| (c) Changes in Inventories of Finished Goods, Work-in-Progress, Stock-in-Trade and Scrap | -5,91,462 | -1,11,647 | -6,82,754 | -10,02,959 | -7,62,477 | |
| (d) Employee benefits expense | 1,72,161 | 1,66,368 | 1,80,784 | 6,09,685 | 5,71,772 | |
| (e) Finance Costs | 413 | 97 | 842 | 573 | 862 | |
| (f) Depreciation and Amortisation Expense | 63,421 | 30,958 | 73,626 | 1,35,421 | 1,33,970 | |
| (g) Impairment Loss | 483 | 340 | 987 | 1,237 | 2,474 | |
| (h) Other expenses | 62,114 | 47,923 | 55,798 | 2,09,309 | 1,78,169 | |
| (i) Direct Input to WIP/Expenses Capitalised | 62,807 | 18,398 | 14,300 | 1,01,825 | 37,233 | |
| (j) Provisions | 16,645 | 32,604 | 1,43,645 | 1,30,495 | 2,53,010 | |
| Total Gross Expenses | 10,19,588 | 6,54,149 | 9,67,577 | 26,33,396 | 24,08,740 | |
| Less: Expenses relating to Capital and Other Accounts | 67,227 | 40,098 | 52,344 | 1,65,250 | 1,35,507 | |
| Total Expenses | 9,52,361 | 6,14,051 | 9,15,233 | 24,68,146 | 22,73,233 | |
| 3 | Profit/(Loss) before Exceptional items and Tax (1-2) | 5,57,207 | 2,47,187 | 5,20,028 | 12,11,208 | 10,81,412 |
| 4 | Exceptional item | – | – | – | – | 589 |
| 5 | Profit/(Loss) before tax (3+4) | 5,57,207 | 2,47,187 | 5,20,028 | 12,11,208 | 10,82,001 |
| 6 | Tax expense | |||||
| (i) Current Tax | 1,15,254 | 58,488 | 1,39,098 | 2,70,000 | 2,88,000 | |
| (ii) Earlier Tax (Refund)/Liability | – | – | – | – | -25,608 | |
| (iii) Deferred Tax | 23,525 | 3,527 | -14,895 | 33,641 | -12,071 | |
| Total Tax Expense | 1,38,779 | 62,015 | 1,24,203 | 3,03,641 | 2,50,321 | |
| 7 | Net Profit / (Loss) for the period (5-6) | 4,18,428 | 1,85,172 | 3,95,825 | 9,07,567 | 8,31,680 |
| 8 | Other Comprehensive Income (OCI) | |||||
| A. Items that will not be reclassified to statement of Profit and Loss | ||||||
| (i) Remeasurements of defined benefit plans | 23,534 | 3,821 | 1,643 | 38,468 | 2,803 | |
| (ii) Income Tax relating to items that will not be reclassified to statement of Profit and Loss | -5,923 | -962 | -413 | -9,682 | -705 | |
| B. Items that will be reclassified to statement of Profit and Loss | ||||||
| (i) Exchange differences in translating financial statements of foreign operations | – | – | – | – | – | |
| (ii) Income Tax relating to items that will be reclassified to statement of Profit and Loss | – | – | – | – | – | |
| Total Other Comprehensive Income (A+B) | 17,611 | 2,859 | 1,230 | 28,786 | 2,098 | |
| 9 | Total Comprehensive Income for the period (7 + 8) | 4,36,039 | 1,88,031 | 3,97,055 | 9,36,353 | 8,33,778 |
| 10 | Paid-up Equity Share Capital (Face Value Rs. 5 each) | 33,439 | 33,439 | 33,439 | 33,439 | 33,439 |
| 11 | Other Equity excluding Revaluation Reserves | 40,52,812 | 34,50,846 | |||
| 12 | Capital Redemption Reserve | 14,761 | 14,761 | |||
| 13 | Earnings per share (in Rupees) (EPS for the quarter and half year are not annualised) | |||||
| (a) Basic | 62.57 | 27.69 | 59.19 | 135.71 | 124.36 | |
| (b) Diluted | 62.57 | 27.69 | 59.19 | 135.71 | 124.36 | |
| 14 | Net Worth (including Retained Earning) | 40,86,251 | 34,84,285 |
| Particulars | Standalone As at 31-Mar-26 (Audited) | As at 31-Mar-25 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, Plant and Equipment | 6,16,100 | 5,96,290 |
| (b) Capital work – in progress | 1,02,563 | 1,09,108 |
| (c) Investment Property | 2 | 2 |
| (d) Goodwill | – | – |
| (e) Other Intangible assets | 1,12,559 | 70,052 |
| (f) Intangible assets under development | 2,28,736 | 2,00,667 |
| (g) Financial Assets | ||
| (i) Investments in Joint Venture and Subsidiary | 13,351 | 12,822 |
| (ii) Investments | 1,61,874 | 1,49,914 |
| (iii) Trade receivables | – | – |
| (iv) Contract Assets | – | – |
| (v) Loans | 540 | 557 |
| (vi) Other Financial Assets | 39,068 | 38,186 |
| (h) Deferred tax assets (Net) | 1,13,476 | 1,56,799 |
| (i) Other non-current assets | 2,50,918 | 2,68,683 |
| Total Non-current Assets | 16,39,187 | 16,03,080 |
| Current assets | ||
| (a) Inventories | 30,85,066 | 21,67,570 |
| (b) Financial Assets | ||
| (i) Investments | – | – |
| (ii) Trade receivables | 4,06,628 | 4,64,754 |
| (iii) Contract Assets | 19,13,004 | 15,88,916 |
| (iv) Cash and Cash Equivalents | 3,76,689 | 4,54,693 |
| (v) Bank balances other than cash and cash equivalents | 42,42,537 | 33,62,383 |
| (vi) Loans | 1,273 | 732 |
| (vii) Other Financial Assets | 1,50,110 | 1,34,671 |
| (c) Current Tax Assets (Net) | 13,111 | – |
| (d) Other Current Assets | 13,94,776 | 8,34,513 |
| Total Current Assets | 1,15,83,194 | 90,08,232 |
| Assets held for sale | – | – |
| TOTAL ASSETS | 1,32,22,381 | 1,06,11,312 |
| Particulars | Standalone As at 31-Mar-26 (Audited) | Standalone As at 31-Mar-25 (Audited) |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| (a) Equity Share capital | 33,439 | 33,439 |
| (b) Other Equity | 40,52,812 | 34,50,846 |
| Total Equity | 40,86,251 | 34,84,285 |
| LIABILITIES | ||
| Non-current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | – | – |
| (ia) Lease Liabilities | 745 | 33 |
| (ii) Trade Payables | – | – |
| (iii) Other financial liabilities | 52,627 | 49,663 |
| (b) Provisions | 1,83,169 | 1,85,671 |
| (c) Deferred Tax Liabilities (Net) | – | – |
| (d) Other Non-Current Liabilities | 44,68,909 | 24,82,058 |
| Total Non-Current Liabilities | 47,05,450 | 27,17,425 |
| Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | – | – |
| (ia) Lease Liabilities | 265 | 2 |
| (ii) Trade Payables | ||
| Total outstanding dues of micro enterprises and small Enterprises | 16,176 | 17,669 |
| Total outstanding dues of creditors other than micro enterprises and Small Enterprises | 4,27,443 | 4,93,415 |
| (iii) Other Financial liabilities | 2,69,344 | 2,82,561 |
| (b) Other Current Liabilities | 29,50,015 | 27,60,278 |
| (c) Provisions | 7,67,437 | 8,41,716 |
| (d) Current Tax Liabilities (Net) | – | 13,961 |
| Total Current Liabilities | 44,30,680 | 44,09,602 |
| TOTAL EQUITY AND LIABILITIES | 1,32,22,381 | 1,06,11,312 |
| Sl. No. | Particulars | For the Year ended 31st March 2026 | For the Year ended 31st March 2025 |
|---|---|---|---|
| A | Cash flow from Operating activities | ||
| Profit After Tax | 907,567 | 831,680 | |
| Adjustments to reconcile net profit to net cash provided by operating activities | |||
| Income Tax expense | 303,641 | 250,321 | |
| (Gain)/Loss on sale of Property, Plant & Equipment | -207 | -188 | |
| Finance cost | 573 | 862 | |
| Interest Income | -308,664 | -228,637 | |
| Dividend Income | -580 | -491 | |
| Net (Gain)/Loss on Fair Value Adjustment | 89 | -168 | |
| Depreciation, amortization and impairment expense | 136,658 | 136,200 | |
| Provision / (Reversal of Provision) for Impairment in Value of Investments | 71 | -783 | |
| Provision for Doubtful Debts | 108 | 83 | |
| Provision for Doubtful Contract Assets | 14,338 | 15,010 | |
| Provision for Doubtful Claims | 500 | 635 | |
| Provision for Doubtful Advances | 1,297 | 240 | |
| Provision for Replacement and Other charges | 2,742 | 126,373 | |
| Provision for Warranty | 38,728 | 37,015 | |
| Provision for Raw Materials and Components, Stores and Spare parts, Loose Tools and Equipment, Construction Materials, Work-in-progress and Inventory – Warranty | 543 | 7,678 | |
| Provision for Liquidated Damages | 72,168 | 65,843 | |
| Operating Profit Before Working Capital Changes | 1,169,572 | 1,241,673 | |
| Adjustments for: | |||
| (Increase)/decrease in Trade Receivables | -280,408 | -417,700 | |
| (Increase)/decrease in Loans, Financial Assets and Other Assets | -547,487 | -262,247 | |
| (Increase)/decrease in Inventories | -918,039 | -852,656 | |
| Increase/(decrease) in Trade Payables | -67,465 | 169,617 | |
| Increase/(decrease) in Financial Liabilities, Provisions and Other Liabilities | 2,034,364 | 1,839,640 | |
| Cash generated from Operations | 1,390,537 | 1,718,327 | |
| Income Taxes Paid | -298,584 | -353,815 | |
| Net Cash (used in)/generated from Operating Activities (A) | 1,091,953 | 1,364,512 | |
| B | Cash flow from Investing activities | ||
| Purchase of Property, Plant & Equipment | -148,475 | -92,974 | |
| Purchase of Intangible Assets | -106,395 | -82,683 | |
| Proceeds from sale of Property, Plant & Equipment | 8,043 | 335 | |
| Investment in Joint Ventures | -739 | -1,289 | |
| Purchase of other non current Investments | -11,780 | -10,958 | |
| Investment in short term deposits | -880,154 | -1,145,615 | |
| Interest Received | 304,279 | 255,350 | |
| Dividend Received from Joint Ventures | 580 | 491 | |
| Share application money paid | – | -41 | |
| Net Cash (used in)/generated from Investing Activities (B) | -834,641 | -1,077,384 | |
| C | Cash flow from Financing Activities | ||
| Payment of Lease Liabilities | -132 | -2 | |
| Interest paid | -797 | -3,714 | |
| Dividend Paid | -334,387 | -254,135 | |
| Net Cash (used in)/generated from Financing Activities (C) | -335,316 | -257,851 | |
| Net increase/(decrease) in Cash and Cash Equivalents (A+B+C) | -78,004 | 29,277 | |
| Add: Cash and Cash Equivalents at the beginning of the year (Refer Note 16 |