BazaarBaazi

Stock · HAL · Defence PSU

HAL share price target 2026

Support, resistance, the F&O structure and the BazaarBaazi Crack Score for Hindustan Aeronautics Ltd, refreshed every end-of-day run. Order-book disclosures from the MoD pipeline, indigenisation pace, and execution velocity on Tejas, LCH, and the AMCA programme.

The verdict

BazaarBaazi reads HAL as range-bound with a Crack Score of 53/100 as of 27 Jun 2026 with support read near 4,146 and 4,582 the level to clear.
Crack Score
53/ 100
Range / mixed
Spot4,364NSE 26 Jun 2026
Last ref₹4,364
Support4,146
Resistance4,582
Session+1.8%

BazaarBaaziSource & method

Price target: support and resistanceComputed 27 Jun 2026

Levels are a structural band around the live spot 4,364, set at 5.0% either side for psu volatility. The pivot tracks the live print; support and resistance re-derive on every end-of-day run.

Support

4,146

Pivot / last ref

4,364

Resistance

4,582

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the HAL chart, refreshed every end-of-day run.

The Crack Score, and how it is built53 / 100 · Range / mixed

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for HAL, so the figure is a transparent signal rather than a vibe.

Editorial stanceLatest signed stance is neutral.0
History consistency2 of the last 3 published verdicts held the same stance.+5
Structure qualityThe desk printed a spot level in the latest note.+6
FreshnessThe desk last reviewed 44 days ago.-4
Conviction horizonThe latest read is framed on a intraday horizon.-4

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About Hindustan Aeronautics LtdBusiness profile

What HAL actually does, and the edge that holds its position.

HAL is the sole domestic gateway to India's military aircraft, the state-owned house that designs, builds and overhauls the fighters and helicopters the armed forces fly, which makes it a near-pure proxy for the indigenisation push. Its portfolio runs from the Tejas light combat aircraft in serial production for the Indian Air Force to the Advanced Light Helicopter Dhruv and the Light Utility Helicopter, and it is the primary partner assembling Sukhoi-30 MKI fighters under licence. Crucially it also owns the maintenance, repair and overhaul of the IAF, Navy and Army aviation fleets, a recurring annuity that rides on top of the lumpier manufacturing orders.

HAL's moat is a government-mandated near-monopoly on domestic military aerospace manufacturing, supported by decades of engineering capability and design-bureau knowledge in military platforms that no private entrant has yet matched at scale. The indigenisation mandate under Atmanirbhar Bharat directly expands HAL's addressable order book.

The F&O viewHorizon · intraday

How the futures and options structure on HAL reads right now.

Positioning biasRange write
Upper wall4,582
Lower base4,146
Horizonintraday
PCR (near ATM)0.76
Max pain4,400
Heavier OICall side

Near-money option writing carries a call-heavy PCR of 0.76 near the money (writers capping the upside), with the active cage between the 4,200 PE and the 4,500 CE, and the heavier open interest sits on the call side, so the upside is the wall the desk watches. Max-pain pulls toward 4,400, the level the writers' book is least exposed to into expiry. This is a structural read of the live option chain, not a derivatives trade recommendation.

Why it movedSession +1.8%

The most recent BazaarBaazi read on what is driving HAL.

HAL closed 4,710, up 1.8% Tuesday on a fresh order-book disclosure of 26,000 crore from the MoD pipeline.

Read in Opening Move on 14 May 2026. Why HAL moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives HAL over a multi-year horizon. A structural read, not a price forecast.

Over 2026 to 2030 HAL's order book is driven by Tejas Mk-1A series production for the IAF, the new Light Combat Helicopter programme, the IMRH (Indian Multi-Role Helicopter) development and a large pipeline of MRO contracts for the existing fleet. The pace of Tejas production ramp-up is the most-watched variable. The risk is execution delay in complex platform deliveries and the risk that imported content in licensed platforms reduces indigenisation benefit over time. WHAT BAZAARBAAZI THINKS: The order book here is a genuine multi-year revenue map and the MRO tail is a quiet annuity, which is the real beauty of the name; the risk the Crack Score cannot capture is execution, because a fat backlog only becomes cash when Tejas and the helicopter programmes actually deliver, and this sector has a long history of timelines that slip far slower than the headline order intake suggests.

What to watch:

Peers and how to compare4 listed names

The listed names HAL is most often read against. Compare them on the same Crack Score and levels.

Bharat Electronics (defence electronics) · BEL

Read the BEL verdict and levels

Bharat Dynamics (missiles, listed)

Listed peer in the same space

DRDO (design partner, government)

Listed peer in the same space

Boeing, Airbus (global benchmark for MRO)

Listed peer in the same space

Live valuation readQ4 FY26 earnings · live spot

P/E, P/B, yield and the quality set for Hindustan Aeronautics Ltd, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

P / E

32.0x

Earnings yield

3.12%

P / B

7.11x

P / S

8.82x

EV / EBITDA

30.2x

Market cap

Rs 2.92 lakh cr

Enterprise value

Rs 2.46 lakh cr

Return on equity

22.2%

Stored from Hindustan Aeronautics Ltd's filed results, as of 2026-06-22 and currency-checked. Price input Rs 4,364.00 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

Hindustan Aeronautics Ltd's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 14 May 2026

Result Pulse

68 / 100

Revenue

Rs 13,942 cr

Net profit

Rs 4,196 cr

EPS (quarter)

Rs 62.74
GrowthYoYQoQ
Revenue+1.8%+81.1%
Net profit+5.5%+124.8%
Net margin+30.1%
What BazaarBaazi readsSteady
SourceOfficial NSE filing (XBRL)

Figures are the Q4 FY26 result for Hindustan Aeronautics Limited, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.

See every Q4 result the desk has read.

Earnings historyLast 8 quarters

Hindustan Aeronautics Ltd's official quarterly revenue, EPS and Result Pulse trail from the verified filings export. These are quarterly facts, not TTM valuation inputs.

HAL official result trail

8 quarters

Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 13,942 crRs 62.74n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 7,699 crRs 27.91n/a64/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 6,629 crRs 24.96n/a64/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 4,819 crRs 20.69n/a58/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 13,700 crRs 59.46n/a58/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 6,957 crRs 21.53n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 5,976 crRs 22.59n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 4,348 crRs 21.49n/an/aFiling

Open the covered-name earnings calendar.

What changed3 disclosures

Every recent official filing from Hindustan Aeronautics Ltd, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

Hindustan Aeronautics Limited has filed 3 official disclosures recently. The most recent is a Earnings dated 31 Mar 2026.

Event Heat

68 / 100
31 Mar 2026
EarningsWatch

Hindustan Aeronautics Limited Q4 FY26 earnings result: insufficient

Filing
31 Mar 2026
EarningsWatch

Hindustan Aeronautics Limited Q4 FY26 earnings result: steady

Filing
18 Feb 2026
DividendRoutine

Interim Dividend - Rs 35 Per Share

Filing
Event Heat68 / 100 · Tilting up

Event Heat is a dated net read of Hindustan Aeronautics Limited's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the HAL chart. Not a substitute for a registered research note.

TickerHAL
Full nameHindustan Aeronautics Ltd
SectorDefence PSU
Index classPSU
ISININE066F01012
Market-cap band₹3.15 lakh cr
Last referenced level₹4,710
Last session move+1.8%
Editorial line inOpening Move on 14 May 2026
Aliases trackedHAL

Reference chart30 Sep 2025

The daily frame the desk reads on HAL.

HAL daily price chart, BazaarBaazi reference frame, 30 Sep 2025
Reference frame, 30 Sep 2025. Support read near 4,146, resistance near 4,582, against a last referenced 4,364.

FAQ13 reader questions · AEO-eligible

The line on HAL, distilled and schema-marked for AI Overview, Perplexity, and reader search.

What is the HAL share price target for 2026?

BazaarBaazi does not publish a SEBI-registered price target. Its structural read on HAL as of 27 Jun 2026 watches support near 4,146 and 4,582 as the level to clear, against a last referenced 4,364. This is editorial framing of the chart, not a regulated target.

What is BazaarBaazi's Crack Score for HAL?

The BazaarBaazi Crack Score for HAL is 53 out of 100 as of 27 Jun 2026, a range / mixed reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.

What is the F&O view on HAL?

As of 27 Jun 2026, BazaarBaazi reads HAL positioning as a two-way range write, with the writers' cage between 4,146 and 4,582. This is a structural reading of the option chain, not a derivatives recommendation.

What sector is HAL in and which peers does BazaarBaazi track?

HAL sits in Defence PSU (psu), indicative market cap ₹3.15 lakh cr, ISIN INE066F01012. The peers BazaarBaazi reads alongside it are Bharat Electronics Ltd. Order-book disclosures from the MoD pipeline, indigenisation pace, and execution velocity on Tejas, LCH, and the AMCA programme.

How often is the HAL view updated?

This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on HAL is neutral, published in Opening Move on 14 May 2026.

Is HAL a good long-term stock?

What drives this name is a multi-year order book converting into deliveries plus a sticky MRO revenue tail from the existing fleet, and the risk the Crack Score cannot fully capture is execution slippage, because the backlog only becomes earnings at the pace HAL can physically deliver complex platforms. The Crack Score on this page reflects the current read on execution pace and order pipeline health.

What is the HAL share price target for 2030?

The 2030 case turns on the delivery cadence of Tejas serial production, the new helicopter programmes and MRO growth, and since the binding variable is execution speed rather than demand, a fixed price target would overstate the certainty. The Crack Score gives the current structural read on order-book execution and pipeline expansion instead.

Why is HAL share price falling?

The drops that matter are about execution, namely production delays pushing out revenue recognition, while a pause in new order announcements or a defence-sector sentiment swing tends to be the more transient kind. A delivery slip is the real warning, because conversion speed is the whole thesis here.

What was Hindustan Aeronautics Limited's Q4 FY26 net profit?

Hindustan Aeronautics Limited reported a net profit of Rs 4,196 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +5.5% year on year. The figure is from the company's official NSE filing.

What was Hindustan Aeronautics Limited's Q4 FY26 revenue?

Hindustan Aeronautics Limited reported revenue of Rs 13,942 cr for Q4 FY26. That is +1.8% year on year. The figure is from the company's official NSE filing.

How does BazaarBaazi rate Hindustan Aeronautics Limited's Q4 FY26 result?

BazaarBaazi gives Hindustan Aeronautics Limited's Q4 FY26 result a Result Pulse of 68 out of 100, with a verdict of Steady. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.

What has Hindustan Aeronautics Ltd announced recently?

Hindustan Aeronautics Ltd's two most material recent disclosures are an earnings dated 31 Mar 2026, and a dividend dated 18 Feb 2026, "Interim Dividend - Rs 35 Per Share". Both link to the company's own official filing on the BazaarBaazi stock page.

Has Hindustan Aeronautics Ltd declared a dividend recently?

Yes. Hindustan Aeronautics Ltd filed a dividend disclosure on 18 Feb 2026, filed as "Interim Dividend - Rs 35 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.

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