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HAL announces final dividend of Rs 10 for FY26. Check record date and other details

by TheAdviserMagazine
3 hours ago
in Business
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HAL announces final dividend of Rs 10 for FY26. Check record date and other details
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State-run aerospace and defence major Hindustan Aeronautics Ltd (HAL) has declared a final dividend of Rs 10 per equity share (200%) for FY26, subject to shareholders’ approval at the upcoming AGM.

If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days. The company has also set Friday, August 14, 2026 as the record date for determining eligibility for the payout.

Also Read |Hexaware Technologies shares jump 8% after securing Anthropic authorised reseller status for Amazon Bedrock

HAL is India’s premier aerospace and defence company. It operates under the administrative control of the Ministry of Defence and plays a crucial role in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, and related systems.

The company is a key supplier to the Indian Armed Forces and has been at the forefront of India’s defence indigenisation efforts.

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Over the past three months, HAL shares have gained 20.63%, while rising 0.63% in the last one month. However, the stock is down 11.62% over the past year and 17.77% over the last two years.In Q4 results, the company reported a consolidated net profit of Rs 4,196 crore for the March-ended quarter, marking a 6% year-on-year (YoY) rise from the Rs 3,977 crore profit reported in the year-ago periodThe defence major’s revenue from operations rose 2% YoY to Rs 13,942 crore in Q4FY26, from Rs 13,700 crore reported in the corresponding quarter of the previous financial year.

For the full financial year 2026, the company reported a nearly 9% rise in net profit to Rs 9,116 crore, compared with Rs 8,364 crore in FY25. The company’s revenue grew around 7% to Rs 33,089 crore in FY26 from Rs 30,981 crore in the previous financial year.

The PSU’s net profit more than doubled from Rs 1,867 crore reported in the third quarter of FY26. Revenue from operations surged over 81% quarter-on-quarter (QoQ) from Rs 7,699 crore in the December quarter.

Also Read | Zerodha now wants to enter investment banking space, seeks Sebi nod

Hindustan Aeronautics Limited’s earnings per share (EPS) rose nearly 6% to Rs 62.57 during the fourth quarter and more than 9% to Rs 135.71 for the financial year ended March 31, 2026. Its overall net worth, meanwhile, jumped 17% to Rs 40,862 crore in FY26.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on [email protected] alongwith your age, risk profile, and twitter handle



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