Shares of Hindustan Aeronautics Ltd. (HAL) were trading at the day’s low on Tuesday, August 12, ahead of the company’s June quarter earnings report. According to a CNBC-TV18 poll, HAL’s revenue is projected to grow by 13% year-on-year to ₹4,898 crore, while EBITDA is expected to rise by 12% to ₹1,114 crore. This growth is likely to be driven by the execution of its ₹1.89 lakh crore order book and a stronger contribution from repair and overhaul (ROH) services.
Despite the revenue growth, EBITDA margins are expected to dip slightly by 11 basis points to 22.75%. Net profit could see a 15% year-on-year decline to ₹1,218 crore, although higher other income may offer some support.
Ahead of the results, key factors to monitor include updates on the company’s guidance for FY26. HAL has set an order book target of ₹2.5–2.6 lakh crore, with expected revenue growth of 8–10%, possibly reaching double digits earlier than projected. The company also aims to maintain an adjusted EBITDA margin of 31% over the next three to four years and plans to deliver 12 LCA Mk1A aircraft in FY26. HAL shares are down 2.6% at ₹4,331 and have dropped 11.5% over the past month.