Hindustan Aeronautics Ltd (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. It also provides repair, maintenance, and support services for aircraft. HAL offers accessories for aircraft, helicopters and aero engines, aerospace equipment, advanced communication, and navigation equipment. HAL serves the Indian Air Force, Indian Army, Indian Navy, Defence Research & Development Organisation, Geological Survey of India, Bharat Heavy Electricals Ltd, Boeing, and Airbus Industries. The company operates through a network of production facilities, and research and design centers in India. HAL is headquartered in Bengaluru, Karnataka, India.
Headquarters
India
Address
15/1, Cubbon Road, Bangalore, 560001
Website
hal-india.co.in
Telephone
91 80 22320001
No of Employees
26,432
Industry
Aerospace and Defense
Ticker Symbol & Exchange
HAL (NSE)
Revenue (2021)
$3.1B
6.1%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
12.4%
(2021 vs 2020)
Market Cap*
$6.9B
Net Profit Margin (2021)
XXX
6.0%
(2021 vs 2020)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Helicopters: | Repair, Maintenance, and Support Services |
| Dhruv | Export Services |
| Cheetah | |
| XXX | |
| XXX | |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In April, the company signed a memorandum of understanding with Israel Aerospace Industries to convert civil passenger aircraft into Multi-Mission Tanker Transport aircraft in India. |
| 2022 | Contracts/Agreements | In April, the company and Liebherr signed a memorandum of understanding for future strategic cooperations in the field of on-board systems for HAL’s current and future aircraft programs. |
| 2022 | Others | In April, the company along with L&T consortium were the lowest bidder to make 5 Polar Space Launch Vehicles (PSLVs) for ISRO. |
Competitor Comparison
| Key Parameters | Hindustan Aeronautics Ltd | Lockheed Martin Corp | The Boeing Co | Kawasaki Heavy Industries Ltd | Textron Inc |
|---|---|---|---|---|---|
| Headquarters | India | United States of America | United States of America | Japan | United States of America |
| City | Bangalore | Bethesda | Chicago | Kobe-Shi | Providence |
| State/Province | - | Maryland | Illinois | Hyogo | Rhode Island |
| No. of Employees | 26,432 | 114,000 | 142,000 | 36,691 | 33,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| R Madhavan | Chairman; Managing Director | Executive Board | 2018 | - |
| C.B. Ananthakrishnan | Director; Chief Financial Officer; Director - Finance | Executive Board | 2018 | - |
| Sajal Prakash | Chief Executive Officer - Accessories Complex | Senior Management | 2019 | - |
| Amitabh Bhatt | Chief Executive Officer - Bangalore Complex | Senior Management | 2020 | - |
| M.S. Velpari | Director - Operations; Director | Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer