HAL Q3 FY26 Results: Profit Up 29%, Dividend Announced – Is HAL Stock a Long-Term Buy?
Hindustan Aeronautics Limited Q3 FY26 Results: Profit Surges, Dividend Declared, and Long-Term Growth Outlook
Keywords: HAL Q3 FY26 results, HAL dividend 2026, Hindustan Aeronautics stock analysis, HAL earnings, defence stocks India, HAL share outlook
HAL Q3 FY26 Results: Key Highlights
India’s leading defence PSU, Hindustan Aeronautics Limited (HAL), reported strong financial results for the quarter ended 31 December 2025. The company delivered solid revenue growth, a sharp rise in profit, and announced an interim dividend—reinforcing its position as a top defence stock in India.]
Revenue from operations: ₹7,69,887 lakh
Net profit: ₹1,85,172 lakh
Earnings per share (EPS): ₹27.69
On a year-on-year basis:
Revenue growth: ~11%
Net profit growth: ~29%
The profit growth significantly outpaced revenue growth, indicating improved operating efficiency.
HAL Dividend 2026: Interim Payout Announced
HAL also declared an interim dividend of ₹2.50 per share (50% of face value).
Record date: 18 February 2026
This reinforces HAL’s reputation as a consistent dividend-paying defence PSU, attractive for long-term investors seeking income and growth.
Nine-Month Performance (9M FY26)
For the first nine months of FY26, HAL maintained steady growth.
Revenue: ₹19,14,647 lakh
Net profit: ₹4,89,139 lakh
Year-on-year profit growth for the nine-month period was about 12%.
What Drove HAL’s Strong Q3 Results?
1) Rising Defence Production
HAL continues to benefit from:
Indigenous fighter jet programs
Helicopter manufacturing
Maintenance and overhaul contracts
Government-backed defence orders provide strong revenue visibility.
2) Margin Expansion
Profit before tax rose sharply, showing improved operating leverage as production scales.
This indicates better cost control and higher efficiency.
3) Strong Order Book
HAL operates on:
Long-term defence contracts
Multi-year execution cycles
High technological entry barriers
This creates predictable cash flows and stable earnings.
Key Risks Investors Should Watch
Despite strong numbers, a few factors could impact performance:
Employee Cost Pressures
Changes in pension and gratuity provisions increased expenses. hal results and dividend
Dependence on Government Orders
Most of HAL’s revenue comes from defence contracts, making it sensitive to procurement timelines.
Joint Venture Challenges
Some joint ventures face going-concern concerns, though not material at present.
HAL Stock Outlook: Long-Term Defence Growth Story
HAL remains one of the strongest beneficiaries of India’s defence indigenisation push.
Bullish Factors
Rising defence budget
“Make in India” initiatives
Strong order pipeline
High barriers to entry
Future Catalysts
New fighter jet orders
Helicopter contracts
Export opportunities
Conclusion: Is HAL Still a Strong Long-Term Bet?
HAL’s Q3 FY26 results show:
Double-digit revenue growth
Nearly 30% profit growth
Continued dividend payouts
The company remains a core long-term defence stock in India, supported by strong fundamentals and government-backed demand.
Thankyou readers☺
Disclaimer:
The information provided in this article is for educational and informational purposes only and should not be considered as financial, investment, or trading advice. The views expressed are based on publicly available data and personal analysis at the time of writing. Investors should conduct their own research or consult a qualified financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses arising from the use of this information. Stock markets are subject to risks, and past performance does not guarantee future results.