Highlights
- Q3FY26 net profit increased 30.3% year-on-year to ₹1,867 crore.
- Quarterly revenue climbed 10.7% to ₹7,699 crore.
- Board declared ₹35 interim dividend for FY26.
- Order book of ₹2.5–2.6 trillion provides multi-year revenue visibility.
Shares of Hindustan Aeronautics Ltd (NSE: HAL) rose 1.13% on Friday to close at ₹4,206.00, up ₹47.10, extending gains for a second straight session after the company reported Q3FY26 earnings. The company is an Indian public sector aerospace and defence enterprise headquartered in Bengaluru. Its operations span the design, manufacturing, and overhaul of combat aircraft, helicopters, unmanned aerial vehicles, jet and turbine engines, avionics, and other defence-related systems and hardware.
Q3FY26 Financial Performance
HAL posted a net profit of ₹1,867 crore for the quarter, marking a 30.3% year-on-year increase from ₹1,433 crore. Revenue rose 10.7% to ₹7,699 crore compared with ₹6,957 crore in the year-ago period. EBITDA increased 11.2% to ₹1,871 crore from ₹1,683 crore in the corresponding quarter last year.
Interim Dividend Details
The board approved the first interim dividend of ₹35 per equity share (face value ₹5) for FY26. The record date is February 18, 2026, and the payout is scheduled on or before March 14, 2026.
Brokerage Commentary and Order Pipeline
According to ICICI Securities, the Q3FY26 performance was broadly in line with expectations, while year-to-date revenue growth of about 11% was marginally ahead of guidance. The brokerage indicated that HAL’s exclusion from the AMCA programme is unlikely to materially alter the medium-term outlook, citing an order book of ₹2.5–2.6 trillion, including 180 Mk1A aircraft orders with long execution timelines.