Hindustan Aeronautics Limited is a premier Indian state-owned aerospace and defence company. It was founded on 23rd December 1940 as Hindustan Aircraft Limited by Seth Walchand Hirachand in collaboration with the Mysore royal family. In March 1941, the Government of India became one of the stakeholders of the company and took over the management in the year 1942. The company was renamed Hindustan Aeronautics Limited in the year 1964, post amalgamation with Aeronautics India Limited.
Hindustan Aeronautics Limited operates under the Ministry of Defence, Government of India. It was granted a Maharatna status in October 2024.
Hindustan Aeronautics Limited- Quick Overview
| Particular | Details |
| Company Name | Hindustan Aeronautics Limited |
| Type | Public Sector |
| Founded | 23rd December 1940 |
| Founder | Seth Walchand Hirachand |
| Headquarters | Bengaluru, Karnataka, India |
| Chairman/MD | Dr. D.K. Sunil |
| Industry | Aerospace |
| Products/Services | Fixed-wing Aircrafts, Helicopters, Systems, Space, MRO |
| Owner | Government of India |
| Number of Employees | 24,000+ |
| Official Website | www.hal-india.co.in |
Net Worth and Market Cap
Net Worth of Hindustan Aeronautics Limited is INR 38,223 crore, as per its latest financial reports. HAL is a publicly-listed company on both BSE and NSE. Its current market capitalisation is INR 3.07 lakh crore, which reflects the total market value of its outstanding shares, based on the current share price. This ranks HAL among the top defence and large-cap stocks, driven by defence orders and indigenous platforms like Tejas and Dhruv.
Corporate Leadership
Dr. D.K. Sunil is the Chairman and Managing Director of Hindustan Aeronautics Limited. He was appointed to this position in September 2024 and is likely to continue till April 2026. Ravi K is the Director of Operations and is a key figure in the LCA Tejas project. Dr. Barenya Senapati is the Chief Financial Officer and Director Finance.
Overview of Products and Services
Hindustan Aeronautics Limited specialises in the design, development, manufacturing, integration, upgrade and repair services for a number of platforms. It operates across categories like fixed-wing aircrafts, helicopters, space, avionics and other systems and maintenance/repair/overhaul or MRO.
HAL’s key products in the fixed-wing aircraft and helicopter categories includes 4.5 Generation Light Combat Aircraft Tejas, Dornier/Hindustan 225 light transport aircraft, Su-30 MKI multirole fighter aircraft, Dhruv Advanced Light Helicopter, Light Combat Helicopter Prachand, Civil-Focused Dhruv Next Generation Helicopter and Light Utility Helicopter.
The company designs and manufactures a diverse range of avionics, accessories and materials. They include flight data recorders, inertial navigation system, heads-up displays, laser range systems, hydraulic pumps, oxygen systems, gyroscopic instruments, flight control systems and ejector release units.
Space division of the company specialises in structures, cryogenic engines and propellant tanks. MRO services are provided for a number of aerial platforms, such as MiG-21 Bison, AN-32, HS-748, DO-228 and more.
