Shares of Hindustan Aeronautics Ltd. (HAL) rebounded from the day’s lows on Tuesday, August 12, after the defence PSU posted better-than-expected results for the June quarter.

The company’s revenue rose 11% year-on-year to ₹4,819 crore, slightly below the CNBC-TV18 poll projection of ₹4,898 crore. The growth was supported by execution from its ₹1.89 lakh crore order book and a higher share of repairs and overhaul (ROH) business.

EBITDA surged nearly 30% YoY to ₹1,284 crore, outperforming the CNBC-TV18 estimate of ₹1,114 crore. The EBITDA margin expanded sharply to 26.7% compared to 22.8% in the same quarter last year, defying expectations of a slight contraction.

Net profit came in at ₹1,377 crore, down 4% from last year but still above the estimated ₹1,218 crore.

HAL’s FY26 Guidance Highlights

  • Order book target: ₹2.5 lakh crore to ₹2.6 lakh crore

  • Revenue growth guidance: 8%–10% (to be reviewed after H1)

  • Possible double-digit revenue growth starting next year, or even this year

  • Adjusted EBITDA margin: Around 31% over the next 3–4 years

  • Delivery target: 12 LCA Mk1A aircraft in FY26

Following the results, HAL’s stock traded 0.5% higher at ₹4,452.9, recovering from earlier intraday losses.