Hindustan Aeronautics (HAL) – The Indian Defence PSU

Hindustan Aeronautics Limited (HAL) is a leading defence public sector company in India, with a rich heritage of over 80 years of service to the nation. Established in 1940 as Hindustan Aircraft Limited, HAL has grown into a diversified aerospace company, with core competencies in design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, avionics, and accessories for defence and civil customers.

HAL’s Key Strengths

HAL’s unique strengths lie in its technological expertise, manufacturing capabilities, and customer focus. HAL has a strong portfolio of design and development projects, covering fighter jets, transport aircraft, helicopters, and unmanned aerial vehicles (UAVs), in collaboration with the Indian Air Force, Navy, and Army. HAL’s manufacturing facilities are world-class, with state-of-the-art equipment, processes, and systems, capable of producing complex aerospace systems and sub-systems, conforming to global quality and safety standards.

HAL’s customer focus is evident in its commitment to meeting the operational requirements of the Indian armed forces and other customers, through timely delivery, quality assurance, and after-sales support. HAL has a vast network of customer service centres, logistics depots, and technical support teams, providing round-the-clock service to customers, both in India and abroad.

HAL’s Financial Performance

HAL has a sound financial track record, with a consistent growth trajectory over the years. HAL’s revenues have grown from INR 19,705 crores in 2015-16 to INR 21,438 crores in 2019-20, registering a CAGR of 2.1%. HAL’s profit after tax (PAT) has also grown from INR 2,282 crores in 2015-16