Hindustan Aeronautics Ltd (HAL) has announced its first interim dividend for FY25 at Rs 25 per equity share of Rs 5 face value. The record date for the dividend has been set as February 18, 2025, with payments scheduled to be completed by March 14, 2025, according to the company’s stock exchange filing.
Strong defence order pipeline supports growth
HAL’s revenue growth has been fueled by the execution of its robust manufacturing order book, alongside steady demand for replacements and spares. The company remains a key supplier to the Ministry of Defence, ensuring a stable business outlook.
The spares and repair segment continues to contribute significantly to HAL’s total sales, as highlighted in its latest annual report. Analysts noted that the strong order inflows in the defence sector have provided a solid foundation for future growth.
Recent orders and market performance
In December, HAL secured a Rs 13,500 crore order from the government for 12 Sukhoi fighter jets, further strengthening its pipeline. However, despite the positive developments, HAL’s stock was trading 1.5 per cent lower at Rs 3,596 on the BSE as of 1:50 PM on February 12.
With a 52-week high of Rs 5,674 and a low of Rs 2,825, HAL’s market capitalisation currently stands at Rs 2.39 lakh crore. Investors will be closely watching the company’s future order execution and dividend policies as it continues to expand its footprint in India’s defence sector.
More to come…
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