Hindustan Aeronautics delivers a strong show in Q1

Shares of Hindustan Aeronautics ended in the green after the company reported Q1 results that beat street estimates. The defence PSU’s profit, revenue, EBITDA, and margin all came in ahead of expectations.

By the numbers:

Net profit: up 14.7% YoY to ₹1,580 cr from ₹1,377 cr

Revenue: up 14.4% YoY to ₹5,515 cr from ₹4,819 cr

EBITDA: up 18.8% YoY to ₹1,529 cr from ₹1,287 cr

Margin: improved to 27.7% vs 26.6% YoY

Breaking it down: HAL’s profitability was supported by lower employee and other expenses, despite higher material costs and provisions. Meanwhile, the defence company’s FY26 order book stood at ₹2.55 lakh cr.

Guidance given at the end of FY26:

• HAL expects orders worth ₹90,000 cr over FY27-28
• The company has guided for FY27 revenue growth of 10-12%
• FY27 EBITDA margin is expected to be in the 30-31% range