HAL Q2 FY26 Results: Profit Up 12%, Revenue Up 11%, Auditor Flags Compliance Issues

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HAL · price

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Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹4860.00

prior close

₹4794.40

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%-3.2% vs market

Aerospace & Defense peers, median of 20sector-0.1%-2.5% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty 100 and 2.5 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-1.5

15m

-1.5

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6+0.6-3.2-0.1-2.5

Next day

-2.4+0.6-3.0-1.3-1.1

-2.7+0.7-3.4+1.4-4.1

-0.9+1.1-2.1+0.8-1.8

-0.9+0.7-1.6-0.5-0.5

-2.5+1.1-3.6+0.1-2.6

-5.5+1.0-6.5-1.5-4.0

15d

-8.7+0.6-9.4-3.8-4.9

-11.6+0.9-12.5-8.1-3.5

-7.0+0.1-7.0-6.8-0.1

-14.0+0.4-14.4-8.5-5.5

UpDownMarket · Nifty 100Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HAL posted Q2 FY26 standalone revenue of Rs 6,628 crore (up about 11% YoY) and net profit of Rs 1,663 crore (up about 12%). H1 revenue was Rs 11,448 crore and PAT was Rs 3,040 crore. H1 EPS stood at Rs 45.45. Auditor Gupta Nayar and Co gave an unmodified opinion but flagged emphasis of matter on pension contribution revision, pay scale recovery cases, flood-damaged inventory insurance claims, provisional pricing pending 4th PPRC, and board composition non-compliance under SEBI rules.

Likely market impact

Solid double-digit growth in revenue and profit with a clean audit. Watch for pension costs and board composition compliance flagged by auditors.