Bengaluru-based Hindustan Aeronautics Ltd (HAL) has reported a provisional and unaudited revenue of ₹32,250 crore for FY26, compared with ₹30,981 crore in the previous year.
The growth comes despite challenges in deliveries of key platforms such as LCA Mk1A and HTT-40 due to supply chain disruptions arising from geopolitical and technical factors.
Delivery challenges offset
HAL said delays in certain programmes were offset by accelerated deliveries of ALH helicopters, AL31-FP and RD-33 engines, along with other products and services.
These measures helped the company sustain its topline performance and maintain healthy profitability.
Leadership commentary
“HAL has shown resilience and maintained steady growth despite geopolitical tensions, global conflicts, and supply chain challenges in the aerospace and defence sectors. During the past year, HAL strengthened its order pipeline, expanded its manufacturing capability and diversified into the civil segment to support future growth,” Hindustan Aeronautics Ltd, Chairman and Managing Director, D.K. Sunil, said.
Capacity and order book
During the year, the company operationalised the third LCA Tejas production line and the second HTT-40 line at its Nasik Division, marking progress in capacity augmentation.
As of March 2026, HAL’s order book stood at ₹2.54 lakh crore, driven by major contracts including 97 LCA Mk1A aircraft for ₹62,370 crore, six ALH for Coast Guard for ₹2,704 crore and eight Dornier aircraft for ₹2,186 crore.
Revenue visibility
The strong order book across helicopters, aircraft and engines provides long-term revenue visibility over the next seven to eight years.
In addition, the repair and overhaul (ROH), spares and services segment continue to remain robust.
Digital push
As part of its long-term strategy, HAL is centralising its IT infrastructure through server consolidation, setting up a Tier-3 data centre and developing a private cloud.
With improved capacity, a stabilising supply chain and a strong order pipeline, the company is well-positioned to deliver sustained growth in FY27 and beyond.