HAL
OVERVALUEDHindustan Aeronautics
Defense · NSE
↓ 52.2% vs fair value
52W Low
₹3,479
+7.7% from low
52W High
₹5,165
-27.5% from high
Valuation Gauge
Current Price
₹3,746
Fair Value
₹2,462
Fair Value Analysis
₹2,462
Based on earnings growth potential for Defense sector companies | Sector-cheap: P/E at 17th percentile vs sector peers.
Growth Valuation
100% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Strong
Profitability
ROE of 22.8% is above the Defense sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 0.0x is well within the Defense sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 29.1x trades at a 96% discount to Defense sector median (738x) — attractively valued
Cash Flow
FCF margin of 39.5% — exceptional cash generation (₹11,887 Cr)
Earnings Growth
5yr EPS CAGR of 18.1% is in line with the Defense sector average of 17.1%
Dividend
Dividend yield of 1.4% provides moderate shareholder returns
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
1.2%
Free cash flow / market cap
Revenue Growth (YoY)
+239.7%
Year-on-year revenue change
Profit Growth (YoY)
+199.0%
Year-on-year PAT change
Operating Cash Flow
₹13.6K Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹126.6
P/E Ratio
29.1x
P/B Ratio
6.6x
ROE
22.8%
ROCE
17.5%
Debt / Equity
0x
Beta
0.41
Div Yield
1.3%
FCF (Cr)
₹11,887 Cr
Revenue (Cr)
₹30,105 Cr
EPS Growth 5Y
18.1%
Mkt Cap (Cr)
₹2,46,577 Cr
52W High
₹5,165
52W Low
₹3,479.1
Book Value/Share
₹554.8
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹32.8K Cr | ₹10.0K Cr | 30.0% | ₹8.9K Cr | ₹133.02 |
| 2025-03-31 | ₹31.0K Cr | ₹9.6K Cr | 31.0% | ₹8.4K Cr | ₹125.07 |
| 2024-03-31 | ₹30.4K Cr | ₹9.8K Cr | 32.0% | ₹7.6K Cr | ₹113.96 |
| 2023-03-31 | ₹26.9K Cr | ₹6.7K Cr | 25.0% | ₹5.8K Cr | ₹87.14 |
| 2022-03-31 | ₹24.6K Cr | ₹5.4K Cr | 22.0% | ₹5.1K Cr | ₹75.96 |
| 2021-03-31 | ₹22.9K Cr | ₹5.3K Cr | 23.0% | ₹3.2K Cr | ₹48.53 |
| 2020-03-31 | ₹21.4K Cr | ₹4.9K Cr | 23.0% | ₹2.9K Cr | ₹43.10 |
| 2019-03-31 | ₹20.0K Cr | ₹4.6K Cr | 23.0% | ₹2.3K Cr | ₹34.82 |
| 2018-03-31 | ₹18.5K Cr | ₹3.4K Cr | 19.0% | ₹2.0K Cr | ₹29.76 |
| 2017-03-31 | ₹17.9K Cr | ₹3.2K Cr | 18.0% | ₹2.6K Cr | ₹36.30 |
| 2016-03-31 | ₹16.8K Cr | ₹2.5K Cr | 15.0% | ₹2.0K Cr | ₹27.72 |
| 2015-03-31 | ₹15.9K Cr | ₹2.4K Cr | 15.0% | ₹2.4K Cr | ₹24.89 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Defense| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
BEML | ₹1,505 | ₹2,508.4 | +40.0% | 49.5 | 13.6% | UNDERVALUED |
Mazagon Dock Shipbuilders | ₹2,312 | ₹3,425.9 | +32.5% | 37.9 | 28.9% | UNDERVALUED |
Garden Reach Shipbuilders | ₹2,260 | ₹1,917.6 | -17.9% | 37.5 | 30.0% | FAIRLY_VALUED |
Zen Technologies Limited | ₹1,384.9 | ₹996.3 | -39.0% | 46.5 | 15.9% | OVERVALUED |
Cochin Shipyard | ₹1,337 | ₹923.4 | -44.8% | 47.6 | 15.6% | OVERVALUED |
Hindustan Aeronautics | ₹3,746 | ₹2,461.5 | -52.2% | 27.7 | 22.8% | OVERVALUED |
Data Patterns India | ₹3,142 | ₹1,509.3 | -108.2% | 69.4 | 16.1% | OVERVALUED |
Bharat Electronics | ₹426.5 | ₹167 | -155.3% | 51.5 | 23.6% | OVERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
Share this Stock
Download card · Share on WhatsApp
Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant