Hindustan Aeronautics Limited (HAL) is a prominent player in India’s aerospace industry, with a wide range of products and services in its portfolio. Its performance on the stock market has been of interest to investors, with many wondering if HAL is a good auto stock to buy.
In this article, we will discuss HAL’s share price target from 2023 to 2030, taking into account recent developments in the company and the wider industry. We’ll also explore the impact of India’s Directorate General of Civil Aviation (DGCA) approval for HAL to use its domestically developed ‘black boxes’ for its aircraft.
So, let’s dive into HAL’s potential as an investment opportunity and its prospects for growth in the coming years.
Stock history of Hindustan Aeronautics
Hindustan Aeronautics Limited (HAL) has a rich stock history, having been listed on the Indian stock market since 1999. HAL is a Navratna public sector undertaking, which means that it is one of the top-performing central public sector enterprises in India.
HAL’s initial public offering (IPO) in 1999 was one of the most successful in Indian history, with the company raising over INR 3,000 crores (approximately $400 million) from the public. The IPO was oversubscribed by more than 41 times, with retail investors alone applying for nearly 17 times the number of shares on offer.
HAL’s stock performance has been relatively stable over the years, with the company’s shares trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). HAL has also been included in various stock market indices, including the BSE Sensex and the NSE Nifty 50.
Over the past five years, HAL’s stock has seen both ups and downs. In early 2018, the company’s shares reached an all-time high driven by strong earnings growth and positive investor sentiment. However, the stock saw a sharp decline in the second half of 2018 as concerns about the global aviation industry and trade tensions weighed on investor confidence.
As of February 2023, HAL’s share price is around INR 2632, with a market capitalization of approximately 882.35 billion INR.
Latest news about Hindustan Aeronautics
➤ India’s Directorate General of Civil Aviation (DGCA) has given approval to HAL to use its domestically developed ‘black boxes’ for its aircraft.
➤Hindustan Aeronautics (NSE: HAL) is negotiating with four nations to export its Tejas fighter jets.
How to buy Hindustan Aeronautics shares?
You can buy Hindustan Aeronautics shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Hindustan Aeronautics: 2023 to 2030
Share Price Target 2023 of Hindustan Aeronautics
| When | Maximum Price | Minimum Price |
| February 2023 | ₹2,665.40 | ₹2,050.31 |
| March 2023 | ₹1,999.05 | ₹1,537.73 |
| April 2023 | ₹2,198.96 | ₹1,691.50 |
| May 2023 | ₹1,832.46 | ₹1,409.59 |
| June 2023 | ₹2,198.96 | ₹1,691.50 |
| July 2023 | ₹2,638.75 | ₹2,029.80 |
| August 2023 | ₹2,902.62 | ₹2,232.79 |
| September 2023 | ₹3,047.75 | ₹2,344.42 |
| October 2023 | ₹2,902.62 | ₹2,232.79 |
| November 2023 | ₹3,192.88 | ₹2,456.06 |
| December 2023 | ₹3,576.03 | ₹2,750.79 |
According to the table provided, the predicted HAL share price range for 2023 is quite wide, with the maximum price being ₹3,576.03 in December 2023 and the minimum price being ₹1,409.59 in May 2023. This indicates that there may be significant volatility in the stock price over the year. However, the growth percentage for the year is estimated to be around 65%, which is a significant increase from current levels.
The table shows that there are some bullish predictions for HAL’s share price in 2023, with an uptrend expected to continue throughout the year. The maximum price of ₹3,576.03 in December 2023 is especially encouraging, as it represents a potential return of around 328% from the current share price. However, investors should also be aware of the potential for downside risk, as the minimum price in May 2023 is significantly lower than current levels.
Overall, the predicted share price range for 2023 suggests that HAL may be a good investment option for investors looking for exposure to India’s aerospace industry.
Share Price Target 2024 of Hindustan Aeronautics
| When | Maximum Price | Minimum Price |
| January 2024 | ₹3,764.24 | ₹2,895.57 |
| February 2024 | ₹4,229.48 | ₹3,524.57 |
| March 2024 | ₹4,452.09 | ₹3,619.58 |
| April 2024 | ₹4,047.35 | ₹3,113.35 |
| May 2024 | ₹3,372.79 | ₹2,594.46 |
| June 2024 | ₹4,047.35 | ₹3,113.35 |
| July 2024 | ₹3,440.25 | ₹2,666.86 |
| August 2024 | ₹3,784.28 | ₹3,003.39 |
| September 2024 | ₹3,973.49 | ₹3,056.53 |
| October 2024 | ₹4,674.69 | ₹3,595.92 |
| November 2024 | ₹4,908.43 | ₹3,775.71 |
| December 2024 | ₹5,006.60 | ₹3,851.23 |
The table provided indicates a bullish trend for HAL’s share price in 2024, with the maximum price of ₹5,006.60 in December 2024 and the minimum price of ₹2,594.46 in May 2024. This represents a significant increase in the stock price, with a growth percentage of around 127% for the year.
The maximum share price target for HAL in 2024 is ₹5,006.60, which represents a potential return of around 359% from the current share price. Meanwhile, the minimum share price target is ₹2,594.46, which is still a significant increase from current levels.
Share Price Target 2025 of Hindustan Aeronautics
| When | Maximum Price | Minimum Price |
| January 2025 | ₹5,106.73 | ₹3,928.25 |
| February 2025 | ₹5,375.50 | ₹4,135.00 |
| March 2025 | ₹5,644.28 | ₹4,341.75 |
| April 2025 | ₹5,039.53 | ₹3,876.56 |
| May 2025 | ₹4,581.39 | ₹3,524.15 |
| June 2025 | ₹5,039.53 | ₹3,876.56 |
| July 2025 | ₹4,799.56 | ₹3,691.97 |
| August 2025 | ₹4,999.54 | ₹3,845.80 |
| September 2025 | ₹5,249.51 | ₹4,038.09 |
| October 2025 | ₹5,564.49 | ₹4,280.37 |
| November 2025 | ₹5,954.00 | ₹4,580.00 |
| December 2025 | ₹6,073.08 | ₹4,671.60 |
According to the data provided for the share price targets for HAL in 2025, there seems to be a bullish trend in the stock. The maximum share price target for January 2025 is predicted to be around ₹5,106.73 and the minimum share price target is around ₹3,928.25.
As we move towards the end of the year, the maximum share price target for December 2025 is predicted to be around ₹6,073.08 and the minimum share price target is around ₹4,671.60. This represents a significant growth percentage, and it is clear that the stock is expected to continue its upward trend.
If HAL maintains its growth trajectory and continues to perform well, investors can expect to see a positive return on investment in the years to come.
Hindustan Aeronautics Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹4,251.16 | ₹2,975.81 |
| 2027 | ₹3,613.48 | ₹2,529.44 |
| 2028 | ₹6,504.27 | ₹4,552.99 |
| 2029 | ₹13,360.77 | ₹9,352.54 |
| 2030 | ₹14,879.04 | ₹10,415.33 |
Based on the given data, the share price of Hindustan Aeronautics Limited (HAL) is expected to experience some fluctuations in the coming years. In 2025, the share price is expected to see a significant uptrend, with the maximum price predicted to be ₹6,073.08, while the minimum is expected to be around ₹3,876.56.
The trend of growth is expected to slow down in 2026, with the maximum share price predicted to be ₹4,251.16 and the minimum price around ₹2,975.81. In 2027, the growth is expected to be even slower, with a maximum share price of ₹3,613.48 and a minimum price of ₹2,529.44. However, the share price is expected to pick up again in 2028, with the maximum share price predicted to be ₹6,504.27 and the minimum price around ₹4,552.99.
The uptrend is expected to continue in 2029 and 2030, with a maximum share price of ₹13,360.77 and ₹14,879.04, respectively, and a minimum price of ₹9,352.54 and ₹10,415.33, respectively. However, investors should always conduct their own research and exercise caution when making investment decisions.
Financial Condition of Hindustan Aeronautics: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 18,519.25 | 20,008.47 | 21,445.37 | 22,882.36 | 24,620.21 |
| Expenses | 15,059.02 | 15,439.68 | 16,565.22 | 17,540.98 | 19,200.39 |
| Operating Profit | 3,460.23 | 4,568.79 | 4,880.15 | 5,341.38 | 5,419.82 |
| Other Income | 761.21 | 375.51 | 414.91 | 359.91 | 986.34 |
| Depreciation | 946.97 | 1,024.47 | 997.63 | 1,157.19 | 1,109.87 |
| Interest | 34.62 | 177.49 | 359.43 | 266.72 | 65.14 |
| Profit before tax | 3,239.85 | 3,742.34 | 3,938.00 | 4,277.38 | 5,231.15 |
| Tax | 1,252.43 | 1,396.28 | 1,095.99 | 1,037.93 | 144.65 |
| Net profit | 1,987.42 | 2,346.06 | 2,842.01 | 3,239.45 | 5,086.50 |
| EPS | 59.43 | 70.16 | 84.99 | 96.87 | 152.11 |
| Price to earning | 19.06 | 10.07 | 6.12 | 10.27 | 9.76 |
| Price | 1,132.85 | 706.45 | 520.30 | 994.95 | 1,484.90 |
| RATIOS: | |||||
| Dividend Payout | 54.13% | 28.22% | 39.12% | 30.97% | 26.30% |
| OPM | 18.68% | 22.83% | 22.76% | 23.34% | 22.01% |
Hindustan Aeronautics Limited (HAL) has shown consistent growth over the past five years, as demonstrated by their financial statement. Their revenue has increased year on year, with sales rising from ₹18,519.25 crores in March 2018 to ₹24,620.21 crores in March 2022, representing a growth rate of approximately 33%. During the same period, their profit after tax (PAT) has more than doubled, from ₹1,987.42 crores in March 2018 to ₹5,086.50 crores in March 2022.
HAL’s operating profit margin (OPM) has remained stable around 22%, indicating effective cost management. The company has maintained a healthy dividend payout ratio, with the percentage fluctuating between 26% and 54% over the five-year period. While HAL’s earnings per share (EPS) have steadily increased over the years, the price to earnings (P/E) ratio has been volatile, ranging from 6.12 to 19.06.
The company’s share price has also fluctuated, with a maximum of ₹1,484.90 and a minimum of ₹520.30 during the five-year period. HAL’s financial statement reflects their continued growth in revenue and profit, and their effective cost management practices, positioning the company for long-term success.
Hindustan Aeronautics share price target by Experts
Hindustan Aeronautics share price target by ICICI Securities
ICICI Securities is recommending buying shares of Hindustan Aeronautics Ltd. with a target price of Rs 3170.
FAQS
Will the share price of Hindustan Aeronautics rise in 2023?
It is anticipated that Hindustan Aeronautics per share price will increase to ₹3,576 by the end of 2023.
Write the share price target 2025 of Hindustan Aeronautics.
The share price target of Hindustan Aeronautics for 2025 could be around ₹6,073. The predicted share price for 2025 suggests that HAL may continue to be a good investment option for investors with a long-term investment horizon and a higher risk tolerance.
Is HAL free from all debts?
Yes, as of February 2023, HAL is free from all debts.
Write the share price target 2030 of Hindustan Aeronautics.
The share price of Hindustan Aeronautics might reach around ₹14,879 by the end of 2030.
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Conclusion
Based on the income growth, PAT, revenue growth, and profit growth over the last five years, HAL has shown consistent financial performance. The company has managed to increase its sales and operating profit, and the net profit has also seen a steady rise. With a favorable outlook for the aerospace industry and the Indian government’s focus on strengthening the country’s defense sector, HAL is poised for further growth in the coming years. The company’s strong financial position, along with its strategic partnerships and collaborations, bode well for its future prospects. However, as with any investment, there are always inherent risks. Investors should carefully evaluate their own investment goals and conduct thorough research before making any investment decisions. Overall, HAL’s steady growth and potential for further expansion make it an attractive option for investors looking to add a well-established aerospace and defense company to their portfolio.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
