Hindustan Aeronautics Limited has informed the Exchange about Transcript
HAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HAL reported FY25 turnover of Rs. 30,105 crores, up 7% (or 7.25% adjusted) from Rs. 28,162 crores, with PBT of Rs. 10,820 crores (35% of revenue) and operating margin steady at 27%. Order book surged to Rs. 1,89,300 crores from Rs. 94,127 crores after booking Rs. 1,25,280 crores in new orders, including 240 AL-31FP engines (Rs. 25,500 cr), 156 LCH Prachand (Rs. 62,777 cr) and 12 Sukhoi-30MKI (Rs. 13,454 cr). Management guided for 8-10% revenue growth in FY26 and expects double-digit growth thereafter, with EBITDA margins to be maintained at 30-31% operational and 38-39% with other income. The company outlined an order pipeline of ~Rs. 1 lakh crore in the next 1-2 years (97 LCA Mk1A, 143 ALH, 10 Dornier, 40 Dornier upgrades) and a Rs. 14,000-15,000 crores 5-year CAPEX plan.
Strong order book visibility (6+ years) and stable margin guidance should support investor confidence. Execution of LCA Mark 1A (12 engines confirmed by GE for CY25) and LCH ramp-up (30 per year from FY28) are key growth catalysts. Conservative revenue guidance of 8-10% may understate medium-term potential as production scales, but provides downside comfort.