Obermatt

Hindustan Aeronautics

NSI:HAL · INE066F01020
Aerospace & DefenseX-Large

360

70
EV / EBIT55
Price / Owner Earnings65
Owner Earnings Yield88
Dividend Yield67
Price/Sales12
EV / Gross Profit74
Price/Book13
Return on Capital75
Cash Return on Capital94
Return on Equity80
EBIT Margin87
Gross Profitability49
Cash Conversion37
Owner Earnings Margin100
Sales growth64
Profit Growth93
Long-Term EPS Growth26
Reinvestment26
Price momentum15
Debt load100
Refinancing35
Debt Payback100
Liquidity100
Analyst ratings46
Opinion Changes80
Price Target Upside59
Market mood83
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hindustan Aeronautics clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryIndia
IndustryAerospace & Defense
SizeX-Large
TypePublic Company
ExchangeNSEI
Founded1940
Employees5,322
ISININE066F01020
Last UpdateApr 2, 2026
Index & Theme
Utility Scale SolarPassenger Aircraft ManufacturingSimulationSpaceTechDefenseTechNavigationDetectors, Sensors and MemsAerospace

Description

Hindustan Aeronautics Limited (HAL) engages in the design, development, manufacture, repair, overhaul, upgrade, and servicing of aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures in India and internationally. Busin…

Analysis

Quality compounder

Hindustan Aeronautics Limited earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is expensive. The owner-earnings multiple stands at 28.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 11% a year, against analyst forecasts of 10%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is sturdy. The company scores 13/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
62
2023202420252026

All-time high

95

Jan 2023

All-time low

59

Mar 2026

Average rank

80

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
12
16
19
52
Price/Earnings
20
55
44
83
Price/Book
13
31
35
58
Dividend Yield
67
63
53
75
Value (overall)
24
41
43
75

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →