| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,636 | 6,061 | 14,769 | 4,348 | 5,976 | 6,957 | 13,700 | 4,819 | 6,629 | 7,699 | 13,942 | 5,515 | |
Growth YoY Revenue Growth YoY% | 9.5 | 7.0 | 18.2 | 11.0 | 6.0 | 14.8 | -7.2 | 10.8 | 10.9 | 10.7 | 1.8 | 14.4 |
| 4,108 | 4,626 | 8,867 | 3,357 | 4,336 | 5,275 | 8,405 | 3,537 | 5,071 | 5,828 | 8,884 | 3,988 | |
| 1,528 | 1,435 | 5,901 | 991 | 1,640 | 1,683 | 5,295 | 1,282 | 1,558 | 1,871 | 5,059 | 1,527 | |
OPM OPM% | 27.1 | 23.7 | 40.0 | 22.8 | 27.4 | 24.2 | 38.6 | 26.6 | 23.5 | 24.3 | 36.3 | 27.7 |
| 474 | 467 | 569 | 742 | 560 | 637 | 669 | 757 | 895 | 927 | 1,164 | 912 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 31 | 0 | 0 | 0 | 8 | 0 | 0 | 1 | 4 | 0 |
Depreciation DepreciationCr | 350 | 212 | 644 | 149 | 178 | 277 | 736 | 185 | 226 | 310 | 634 | 304 |
PBT PBTCr | 1,651 | 1,689 | 5,795 | 1,584 | 2,023 | 2,042 | 5,219 | 1,854 | 2,227 | 2,487 | 5,584 | 2,134 |
| 415 | 428 | 1,486 | 147 | 512 | 602 | 1,242 | 471 | 558 | 620 | 1,388 | 545 | |
| 1,237 | 1,262 | 4,309 | 1,437 | 1,510 | 1,440 | 3,977 | 1,384 | 1,669 | 1,867 | 4,196 | 1,590 | |
Growth YoY PAT Growth YoY% | 1.3 | 9.2 | 52.2 | 76.5 | 22.1 | 14.1 | -7.7 | -3.7 | 10.5 | 29.6 | 5.5 | 14.9 |
NPM NPM% | 21.9 | 20.8 | 29.2 | 33.1 | 25.3 | 20.7 | 29.0 | 28.7 | 25.2 | 24.3 | 30.1 | 28.8 |
| 18.5 | 18.9 | 64.4 | 21.5 | 22.6 | 21.5 | 59.5 | 20.7 | 25.0 | 27.9 | 62.7 | 23.8 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,636 | 6,061 | 14,769 | 4,348 | 5,976 | 6,957 | 13,700 | 4,819 | 6,629 | 7,699 | 13,942 | 5,515 | |
Growth YoY Revenue Growth YoY% | 9.5 | 7.0 | 18.2 | 11.0 | 6.0 | 14.8 | -7.2 | 10.8 | 10.9 | 10.7 | 1.8 | 14.4 |
| 4,108 | 4,626 | 8,867 | 3,357 | 4,336 | 5,275 | 8,405 | 3,537 | 5,071 | 5,828 | 8,884 | 3,988 | |
| 1,528 | 1,435 | 5,901 | 991 | 1,640 | 1,683 | 5,295 | 1,282 | 1,558 | 1,871 | 5,059 | 1,527 | |
OPM OPM% | 27.1 | 23.7 | 40.0 | 22.8 | 27.4 | 24.2 | 38.6 | 26.6 | 23.5 | 24.3 | 36.3 | 27.7 |
| 474 | 467 | 569 | 742 | 560 | 637 | 669 | 757 | 895 | 927 | 1,164 | 912 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 31 | 0 | 0 | 0 | 8 | 0 | 0 | 1 | 4 | 0 |
Depreciation DepreciationCr | 350 | 212 | 644 | 149 | 178 | 277 | 736 | 185 | 226 | 310 | 634 | 304 |
PBT PBTCr | 1,651 | 1,689 | 5,795 | 1,584 | 2,023 | 2,042 | 5,219 | 1,854 | 2,227 | 2,487 | 5,584 | 2,134 |
| 415 | 428 | 1,486 | 147 | 512 | 602 | 1,242 | 471 | 558 | 620 | 1,388 | 545 | |
| 1,237 | 1,262 | 4,309 | 1,437 | 1,510 | 1,440 | 3,977 | 1,384 | 1,669 | 1,867 | 4,196 | 1,590 | |
Growth YoY PAT Growth YoY% | 1.3 | 9.2 | 52.2 | 76.5 | 22.1 | 14.1 | -7.7 | -3.7 | 10.5 | 29.6 | 5.5 | 14.9 |
NPM NPM% | 21.9 | 20.8 | 29.2 | 33.1 | 25.3 | 20.7 | 29.0 | 28.7 | 25.2 | 24.3 | 30.1 | 28.8 |
| 18.5 | 18.9 | 64.4 | 21.5 | 22.6 | 21.5 | 59.5 | 20.7 | 25.0 | 27.9 | 62.7 | 23.8 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 16,758 | 17,950 | 18,520 | 20,008 | 21,445 | 22,755 | 24,620 | 26,927 | 30,381 | 30,981 | 33,089 | 33,785 |
Growth Revenue Growth% | 7.1 | 3.2 | 8.0 | 7.2 | 6.1 | 8.2 | 9.4 | 12.8 | 2.0 | 6.8 | 7.4 | |
| 14,291 | 14,725 | 15,077 | 15,465 | 16,542 | 17,405 | 19,211 | 20,248 | 20,640 | 21,373 | 23,319 | 23,771 | |
| 2,468 | 3,224 | 3,443 | 4,543 | 4,903 | 5,349 | 5,409 | 6,679 | 9,741 | 9,608 | 9,770 | 10,014 | |
OPM OPM% | 14.7 | 18.0 | 18.6 | 22.7 | 22.9 | 23.5 | 22.0 | 24.8 | 32.1 | 31.0 | 29.5 | 29.6 |
| 1,608 | 1,058 | 776 | 376 | 423 | 365 | 985 | 1,673 | 1,923 | 2,608 | 3,743 | 3,897 | |
Interest Expense Interest ExpenseCr | 0 | 10 | 29 | 170 | 348 | 259 | 58 | 58 | 32 | 9 | 6 | 6 |
Depreciation DepreciationCr | 863 | 681 | 947 | 1,025 | 999 | 1,178 | 1,111 | 1,785 | 1,407 | 1,340 | 1,355 | 1,474 |
PBT PBTCr | 3,213 | 3,592 | 3,243 | 3,725 | 3,979 | 4,277 | 5,225 | 6,510 | 10,225 | 10,867 | 12,152 | 12,432 |
| 1,209 | 967 | 1,252 | 1,396 | 1,096 | 1,038 | 145 | 682 | 2,604 | 2,503 | 3,036 | 3,111 | |
PAT PATCr | 2,004 | 2,625 | 1,990 | 2,328 | 2,883 | 3,239 | 5,080 | 5,828 | 7,621 | 8,364 | 9,116 | 9,321 |
Growth PAT Growth% | 31.0 | -24.2 | 17.0 | 23.8 | 12.4 | 56.8 | 14.7 | 30.8 | 9.8 | 9.0 | 12.2 | |
NPM NPM% | 12.0 | 14.6 | 10.8 | 11.6 | 13.4 | 14.2 | 20.6 | 21.6 | 25.1 | 27.0 | 27.6 | 27.6 |
| 41.6 | 72.6 | 28.1 | 34.8 | 43.1 | 48.5 | 76.0 | 87.1 | 114.0 | 125.1 | 136.3 | 139.4 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 16,758 | 17,950 | 18,520 | 20,008 | 21,445 | 22,755 | 24,620 | 26,927 | 30,381 | 30,981 | 33,089 | 33,785 |
Growth Revenue Growth% | 7.1 | 3.2 | 8.0 | 7.2 | 6.1 | 8.2 | 9.4 | 12.8 | 2.0 | 6.8 | 7.4 | |
| 14,291 | 14,725 | 15,077 | 15,465 | 16,542 | 17,405 | 19,211 | 20,248 | 20,640 | 21,373 | 23,319 | 23,771 | |
| 2,468 | 3,224 | 3,443 | 4,543 | 4,903 | 5,349 | 5,409 | 6,679 | 9,741 | 9,608 | 9,770 | 10,014 | |
OPM OPM% | 14.7 | 18.0 | 18.6 | 22.7 | 22.9 | 23.5 | 22.0 | 24.8 | 32.1 | 31.0 | 29.5 | 29.6 |
| 1,608 | 1,058 | 776 | 376 | 423 | 365 | 985 | 1,673 | 1,923 | 2,608 | 3,743 | 3,897 | |
Interest Expense Interest ExpenseCr | 0 | 10 | 29 | 170 | 348 | 259 | 58 | 58 | 32 | 9 | 6 | 6 |
Depreciation DepreciationCr | 863 | 681 | 947 | 1,025 | 999 | 1,178 | 1,111 | 1,785 | 1,407 | 1,340 | 1,355 | 1,474 |
PBT PBTCr | 3,213 | 3,592 | 3,243 | 3,725 | 3,979 | 4,277 | 5,225 | 6,510 | 10,225 | 10,867 | 12,152 | 12,432 |
| 1,209 | 967 | 1,252 | 1,396 | 1,096 | 1,038 | 145 | 682 | 2,604 | 2,503 | 3,036 | 3,111 | |
PAT PATCr | 2,004 | 2,625 | 1,990 | 2,328 | 2,883 | 3,239 | 5,080 | 5,828 | 7,621 | 8,364 | 9,116 | 9,321 |
Growth PAT Growth% | 31.0 | -24.2 | 17.0 | 23.8 | 12.4 | 56.8 | 14.7 | 30.8 | 9.8 | 9.0 | 12.2 | |
NPM NPM% | 12.0 | 14.6 | 10.8 | 11.6 | 13.4 | 14.2 | 20.6 | 21.6 | 25.1 | 27.0 | 27.6 | 27.6 |
| 41.6 | 72.6 | 28.1 | 34.8 | 43.1 | 48.5 | 76.0 | 87.1 | 114.0 | 125.1 | 136.3 | 139.4 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 362 | 362 | 334 | 334 | 334 | 334 | 334 | 334 | 334 | 334 | 334 |
Reserves ReservesCr | 10,671 | 12,198 | 9,177 | 11,748 | 12,914 | 15,078 | 18,979 | 23,238 | 28,804 | 34,647 | 40,707 |
| 32,650 | 25,585 | 26,097 | 28,193 | 31,127 | 25,511 | 25,023 | 30,827 | 36,324 | 44,095 | 44,307 | |
| 12,849 | 13,401 | 12,081 | 10,434 | 8,897 | 11,019 | 14,053 | 12,801 | 12,629 | 27,186 | 47,063 | |
| 56,532 | 51,545 | 47,689 | 50,714 | 53,277 | 51,946 | 58,392 | 67,204 | 78,095 | 1,06,267 | 1,32,415 | |
| 45,726 | 40,176 | 37,015 | 39,648 | 41,394 | 40,171 | 44,985 | 51,877 | 63,017 | 90,095 | 1,15,838 | |
| 10,806 | 11,370 | 10,674 | 11,066 | 11,884 | 11,775 | 13,407 | 15,327 | 15,078 | 16,172 | 16,577 | |
| 56,532 | 51,545 | 47,689 | 50,714 | 53,277 | 51,946 | 58,392 | 67,204 | 78,095 | 1,06,267 | 1,32,415 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 362 | 362 | 334 | 334 | 334 | 334 | 334 | 334 | 334 | 334 | 334 |
Reserves ReservesCr | 10,671 | 12,198 | 9,177 | 11,748 | 12,914 | 15,078 | 18,979 | 23,238 | 28,804 | 34,647 | 40,707 |
| 32,650 | 25,585 | 26,097 | 28,193 | 31,127 | 25,511 | 25,023 | 30,827 | 36,324 | 44,095 | 44,307 | |
| 12,849 | 13,401 | 12,081 | 10,434 | 8,897 | 11,019 | 14,053 | 12,801 | 12,629 | 27,186 | 47,063 | |
| 56,532 | 51,545 | 47,689 | 50,714 | 53,277 | 51,946 | 58,392 | 67,204 | 78,095 | 1,06,267 | 1,32,415 | |
| 45,726 | 40,176 | 37,015 | 39,648 | 41,394 | 40,171 | 44,985 | 51,877 | 63,017 | 90,095 | 1,15,838 | |
| 10,806 | 11,370 | 10,674 | 11,066 | 11,884 | 11,775 | 13,407 | 15,327 | 15,078 | 16,172 | 16,577 | |
| 56,532 | 51,545 | 47,689 | 50,714 | 53,277 | 51,946 | 58,392 | 67,204 | 78,095 | 1,06,267 | 1,32,415 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,148 | -405 | -748 | -7,700 | 1,527 | 15,263 | 10,173 | 8,830 | 8,223 | 13,643 | 10,906 | |
| 1,347 | 3,012 | 597 | 5,294 | -1,339 | -1,271 | -12,785 | -5,728 | -6,410 | -10,771 | -8,337 | |
| -5,880 | -164 | -2,540 | 2,326 | 64 | -7,125 | -1,464 | -1,731 | -1,999 | -2,579 | -3,350 | |
Net Cash Flow Net Cash FlowCr | -1,385 | 2,443 | -2,691 | -80 | 252 | 6,867 | -4,076 | 1,370 | -186 | 294 | -781 |
Free Cash Flow Free Cash FlowCr | 1,989 | -1,594 | -1,727 | -8,792 | 639 | 14,501 | 9,377 | 8,052 | 7,314 | 12,717 | 9,502 |
CFO To PAT CFO To PAT% | 157.1 | -15.4 | -37.6 | -330.7 | 53.0 | 471.2 | 200.3 | 151.5 | 107.9 | 163.1 | 119.7 |
CFO To EBITDA CFO To EBITDA% | 127.6 | -12.5 | -21.7 | -169.5 | 31.1 | 285.3 | 188.1 | 132.2 | 84.4 | 142.0 | 111.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,148 | -405 | -748 | -7,700 | 1,527 | 15,263 | 10,173 | 8,830 | 8,223 | 13,643 | 10,906 | |
| 1,347 | 3,012 | 597 | 5,294 | -1,339 | -1,271 | -12,785 | -5,728 | -6,410 | -10,771 | -8,337 | |
| -5,880 | -164 | -2,540 | 2,326 | 64 | -7,125 | -1,464 | -1,731 | -1,999 | -2,579 | -3,350 | |
Net Cash Flow Net Cash FlowCr | -1,385 | 2,443 | -2,691 | -80 | 252 | 6,867 | -4,076 | 1,370 | -186 | 294 | -781 |
Free Cash Flow Free Cash FlowCr | 1,989 | -1,594 | -1,727 | -8,792 | 639 | 14,501 | 9,377 | 8,052 | 7,314 | 12,717 | 9,502 |
CFO To PAT CFO To PAT% | 157.1 | -15.4 | -37.6 | -330.7 | 53.0 | 471.2 | 200.3 | 151.5 | 107.9 | 163.1 | 119.7 |
CFO To EBITDA CFO To EBITDA% | 127.6 | -12.5 | -21.7 | -169.5 | 31.1 | 285.3 | 188.1 | 132.2 | 84.4 | 142.0 | 111.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 37,731 | 23,735 | 17,821 | 33,267 | 49,727 | 91,296 | 2,22,518 | 2,79,280 | 2,33,165 | 3,23,420 | ||
Price To Earnings Price To Earnings | 18.9 | 10.2 | 6.2 | 10.3 | 9.8 | 15.7 | 29.2 | 33.4 | 25.6 | 34.7 | ||
Price To Sales Price To Sales | 2.0 | 1.2 | 0.8 | 1.5 | 2.0 | 3.4 | 7.3 | 9.0 | 7.0 | 9.6 | ||
Price To Book Price To Book | 4.0 | 2.0 | 1.4 | 2.2 | 2.6 | 3.9 | 7.6 | 8.0 | 5.7 | 7.9 | ||
EV To EBITDA EV To EBITDA | 9.3 | 6.1 | 4.8 | 4.9 | 6.5 | 10.6 | 20.1 | 25.1 | 19.1 | 27.4 | ||
GPM GPM% | 42.2 | 42.8 | 46.5 | 51.1 | 52.6 | 47.9 | 55.8 | 58.2 | 59.9 | 56.7 | 50.7 | 50.7 |
OPM OPM% | 14.7 | 18.0 | 18.6 | 22.7 | 22.9 | 23.5 | 22.0 | 24.8 | 32.1 | 31.0 | 29.5 | 29.6 |
NPM NPM% | 12.0 | 14.6 | 10.8 | 11.6 | 13.4 | 14.2 | 20.6 | 21.6 | 25.1 | 27.0 | 27.6 | 27.6 |
ROCE ROCE% | 29.1 | 26.7 | 31.5 | 24.0 | 22.6 | 29.4 | 27.4 | 27.9 | 35.2 | 31.1 | 29.6 | 29.6 |
ROE ROE% | 18.2 | 20.9 | 20.9 | 19.3 | 21.8 | 21.0 | 26.3 | 24.7 | 26.1 | 23.9 | 22.2 | 22.2 |
ROA ROA% | 3.5 | 5.1 | 4.2 | 4.6 | 5.4 | 6.2 | 8.7 | 8.7 | 9.8 | 7.9 | 6.9 | 6.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 37,731 | 23,735 | 17,821 | 33,267 | 49,727 | 91,296 | 2,22,518 | 2,79,280 | 2,33,165 | 3,23,420 | ||
Price To Earnings Price To Earnings | 18.9 | 10.2 | 6.2 | 10.3 | 9.8 | 15.7 | 29.2 | 33.4 | 25.6 | 34.7 | ||
Price To Sales Price To Sales | 2.0 | 1.2 | 0.8 | 1.5 | 2.0 | 3.4 | 7.3 | 9.0 | 7.0 | 9.6 | ||
Price To Book Price To Book | 4.0 | 2.0 | 1.4 | 2.2 | 2.6 | 3.9 | 7.6 | 8.0 | 5.7 | 7.9 | ||
EV To EBITDA EV To EBITDA | 9.3 | 6.1 | 4.8 | 4.9 | 6.5 | 10.6 | 20.1 | 25.1 | 19.1 | 27.4 | ||
GPM GPM% | 42.2 | 42.8 | 46.5 | 51.1 | 52.6 | 47.9 | 55.8 | 58.2 | 59.9 | 56.7 | 50.7 | 50.7 |
OPM OPM% | 14.7 | 18.0 | 18.6 | 22.7 | 22.9 | 23.5 | 22.0 | 24.8 | 32.1 | 31.0 | 29.5 | 29.6 |
NPM NPM% | 12.0 | 14.6 | 10.8 | 11.6 | 13.4 | 14.2 | 20.6 | 21.6 | 25.1 | 27.0 | 27.6 | 27.6 |
ROCE ROCE% | 29.1 | 26.7 | 31.5 | 24.0 | 22.6 | 29.4 | 27.4 | 27.9 | 35.2 | 31.1 | 29.6 | 29.6 |
ROE ROE% | 18.2 | 20.9 | 20.9 | 19.3 | 21.8 | 21.0 | 26.3 | 24.7 | 26.1 | 23.9 | 22.2 | 22.2 |
ROA ROA% | 3.5 | 5.1 | 4.2 | 4.6 | 5.4 | 6.2 | 8.7 | 8.7 | 9.8 | 7.9 | 6.9 | 6.9 |
Documents — Hindustan Aeronautics Ltd
Concall Transcript Summaries — Hindustan Aeronautics Ltd