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 (2023)
$3.4B
9.4%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
14.7%
(2023 vs 2022)
Market Cap*
$21.8B
Net Profit Margin (2023)
XYZ
4.9%
(2023 vs 2022)
* As of and is in US$
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 |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company signed a memorandum of understanding with the Council of Scientific and Industrial Research - National Aerospace Laboratories (CSIR-NAL) to enable HAL to directly fabricate high-temperature resistant composite parts for the Light Combat Aircraft. |
| 2023 | Contracts/Agreements | In November, the company entered into a partnership with Airbus to support their entry into servicing of commercial aircraft. |
| 2023 | Contracts/Agreements | In November, the company signed a memorandum of understanding with CSIR-National Institute for Interdisciplinary Science and Technology to enhance indigenization in India's aerospace and defense sectors. |
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 | 156,000 | 116,000 | 34,000 | 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 | Chief Financial Officer; Director - Finance; Chairman; Managing Director | Executive Board | 2022 | - |
| S Anbuvelan | Chief Executive Officer - Helicopter Complex | Senior Management | 2020 | - |
| Mihir Kanti Mishra | Chief Executive Officer - Bangalore Complex | Senior Management | 2022 | - |
| Saket Chaturvedi | Chief Executive Officer - MiG Complex | Senior Management | 2023 | - |
| Sajal Prakash | Chief Executive Officer - Accessories Complex | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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