Hindustan Aeronautics says FY25 revenue at ₹30,400 crore despite supply chain issues

State-run Hindustan Aeronautics Ltd. (HAL) announced on Monday, March 31, that its provisional revenue for financial year 2025 crossed ₹30,400 crore, despite the company facing severe supply chain woes through the year.

The figure for this year is marginally higher than the ₹30,381 crore that it reported during the previous financial year, HAL said in its exchange filing.

“This achievement was despite the shortfall in deliveries of LCA and ALH. The deliveries of LCA were affected due to the non-availability of engines,” HAL CMD DK Sunil said.

The HAL CMD further added that the ALH delivery schedule was hit due to the accident in January 2025 and the subsequent grounding of the fleet. “However, the deliveries of other products and services were accelerated, which helped us maintain the topline,” he said.

HAL’s order book at the end of the financial year stood at ₹1.84 lakh crore. Recently, the company has also signed a contract with the Defence Ministry for the supply of 156 LCH Prachand worth ₹62,777 crore, which is the single largest procurement by the Ministry from HAL till date.

The defence PSU also highlighted that it became the first company from within the sector to achieve a “Maharatna” status, adding that with the supply chain issues now stabilising, new orders, and enhanced capacities, it will witness more robust financial performance in financial year 2026.

Hindustan Aeronautics was also added by brokerage firm Morgan Stanley to its focus list last week, both for its Asia Ex-Japan and Global EM portfolio.

15 out of the 16 analysts with Coverage on HAL have a “buy” recommendation on the stock with only one “sell” recommendation.

Shares of HAL ended 0.5% higher on Friday at ₹4,179.9. The stock turned out to be the best performing stock on the Nifty PSE index in the month of March with gains of 35%. This is the best monthly return that the stock has seen in the last five years.