Hindustan Aeronautics Ltd - Company Profile
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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. It serves the Indian Air Force, Indian Army, Indian Navy, Defence Research & Development Organization, Indian Coast Guard, Indian Space Research Organization, Mauritius Police Force, 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, Bengaluru, Karnataka, 560001
Website
hal-india.co.in
Telephone
91 80 22320701
No of Employees
24,457
Industry
Aerospace and Defense
Ticker Symbol & Exchange
HAL (NSE)
Revenue (2022)
$3.4B
9.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
14.7%
(2022 vs 2021)
Market Cap*
$29.2B
Net Profit Margin (2022)
XYZ
4.9%
(2022 vs 2021)
* As of and is in US$
Hindustan Aeronautics Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Helicopters: | Repair, Maintenance, and Support Services |
| Dhruv | Export Services |
| Cheetah | Power Plant Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company awarded an INR56 Crore order to Astra Microwave to provide, install, test, and commission a precision approach radar system. |
| 2024 | Contracts/Agreements | In March, the company signed a contract worth INR 2,890 Crore with the Ministry of Defence to provide the mid-life upgrade for 25 Dornier aircraft with associated equipment for the Indian Navy. |
| 2024 | Plans/Strategy | In March, the company announced its plans to deliver 1st LCA Mark1A jets to Indian Air Force. |
Competitor Comparison
| Key Parameters | Hindustan Aeronautics Ltd | The Boeing Co | Lockheed Martin Corp | Textron Inc | Kawasaki Heavy Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | United States of America | United States of America | United States of America | Japan |
| City | Bengaluru | Arlington | Bethesda | Providence | Minato-ku |
| State/Province | Karnataka | Virginia | Maryland | Rhode Island | Tokyo |
| No. of Employees | 24,457 | 171,000 | 122,000 | 35,000 | 38,254 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| C.B. Ananthakrishnan | Chairman; Managing Director; Chief Financial Officer; Director - Finance | Executive Board | 2022 | - |
| Mihir Kanti Mishra | Chief Executive Officer - Bangalore Complex | Senior Management | 2022 | - |
| Saket Chaturvedi | Chief Executive Officer - MiG Complex | Senior Management | 2023 | - |
| S Anbuvelan | Chief Executive Officer - Helicopter Complex | Senior Management | 2020 | - |
| Sajal Prakash | Chief Executive Officer - Accessories Complex | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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