HAL Share Price Target 2025, 2026, 2030, 2040, 2050
HAL (Hindustan Aeronautics Limited) is India’s biggest aerospace and defense company, owned by the Government of India. They design, manufacture, and repair aircraft, helicopters, engines, and even work with ISRO on space missions. With “Make in India” gaining speed, HAL has become a favorite for many long-term investors.
This blog will provide the details of HAL Share Price targets as far as 25 years from now (2025 – 2050) based on its fundamentals, market position, and growth potential.
What is Hindustan Aeronautics Ltd NSE: HAL?
Hindustan Aeronautics Limited (HAL) is the backbone of India’s aerospace and defense manufacturing sector. Established in 1940, The company has played a pivotal role in boosting India’s self-reliance in the defense domain. The company is engaged in the design, manufacture, and maintenance of aircraft, helicopters, engines, avionics, and aerospace structures. As a government-owned PSU, HAL is at the forefront of India’s ‘Make in India’ and defense export push, partnering with global giants and serving the Indian armed forces, DRDO, ISRO, and civil aviation.
Fundamental Data
| Metric | Value |
|---|---|
| Market Cap (Cr.) | ₹ 3,39,163 |
| Current Price (₹) | ₹ 5,071 |
| High / Low (₹) | ₹ 5,675 / ₹ 3,046 |
| Stock P/E | 40.6 |
| Book Value (₹) | ₹ 523 |
| Dividend Yield (%) | 0.69% |
| ROCE (%) | 33.9% |
| ROE (%) | 26.1% |
| Face Value (₹) | ₹ 5.00 |
| Industry PE | 79.6 |
| Net Cash Flow (Previous Year) | ₹ -186 Cr. |
| EPS (₹) | ₹ 125 |
| Promoter Holding (%) | 71.6% |
| PEG Ratio | 1.66 |
| Net Profit (₹ Cr.) | ₹ 8,364 |
| Debt (₹ Cr.) | ₹ 1.16 |
| Dividend (Last Year, ₹ Cr.) | ₹ 1,672 |
| Current Liabilities (₹ Cr.) | ₹ 44,095 |
| Current Assets (₹ Cr.) | ₹ 90,095 |
| 5 Yr ROE Variance (%) | 3.36% |
| Debt to Equity | 0.00 |
| Price to Book Value | 9.70 |
| PBT (Annual, ₹ Cr.) | ₹ 10,867 |
| Graham Number (₹) | ₹ 1,213 |
Peer Comparison
| Company | P/E | Market Cap (Cr.) | Div Yield (%) | Net Profit Qtr (Cr.) | Qtr Profit Var (%) | Sales Qtr (Cr.) | Qtr Sales Var (%) | ROCE (%) |
|---|---|---|---|---|---|---|---|---|
| Hindustan Aeronautics | 40.57 | 3,39,162.62 | 0.69 | 3,976.63 | -7.71 | 13,699.85 | -7.24 | 33.87 |
| Bharat Electronics | 54.05 | 2,87,639.80 | 0.56 | 2,127.02 | 18.39 | 9,149.59 | 6.84 | 38.99 |
| Bharat Dynamics | 131.29 | 72,163.27 | 0.27 | 272.77 | -5.54 | 1,776.98 | 108.05 | 19.65 |
| Garden Reach Shipbuilders | 73.94 | 39,000.62 | 0.27 | 244.25 | 118.86 | 1,642.04 | 61.66 | 37.28 |
| Zen Technologies | 70.65 | 19,798.90 | 0.05 | 113.75 | 203.34 | 324.97 | 129.84 | 36.71 |
| Data Patterns | 80.08 | 17,760.79 | 0.20 | 114.08 | 60.45 | 396.21 | 117.35 | 21.63 |
| Astra Microwave | 72.96 | 11,199.98 | 0.17 | 73.49 | 35.09 | 407.85 | 15.22 | 19.14 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹4364 |
| Before 6 Months | ₹4627 |
| Before 5 Years | ₹327 |
| All-Time Max | ₹5675 |
The company makes aircraft for India and gets big defense orders. Its business is growing in both making and servicing planes. With more orders coming and strong government support, the company looks solid. So, HAL’s share price may move up tomorrow, as people expect better growth and future earnings from this business. The price may fluctuate tomorrow, but the long-term growth potential remains strong.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| Tomorrow | -105 from today’s price | +125 from today’s price |
HAL Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase HAL and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
By 2025, Hindustan Aeronautics Limited (HAL) is likely to benefit from new defense contracts, successful Tejas fighter and helicopter orders, and rising exports. Despite market fluctuations, its strong fundamentals and continued government support are expected to drive earnings growth, resulting in a positive trend in its share price.
Our analysis shows that the share price is expected to be between Rs 3250 and Rs 6500.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2025 | 3250 | 6500 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 3684 | 4182 |
| February | 3437 | 3979 |
| March | 3322 | 3832 |
| April | 3923 | 4682 |
| May | 4120 | 4569 |
| June | 4076 | 5045 |
| July | 4399 | 5241 |
| August | 4333 | 5329 |
| September | 4407 | 5520 |
| October | 4486 | 5682 |
| November | 4411 | 5791 |
| December | 4560 | 6500 |
The year 2026 could be a significant time for the company, with new aircraft projects, modernization efforts, and international partnerships improving performance. India’s focus on buying locally made products and the possibility of exporting to friendly nations may help HAL increase both revenue and profits.
Our analysis shows that the share price is expected to be between Rs 5275 and Rs 8175.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2026 | 5275 | 8175 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 5275 | 6021 |
| February | 5460 | 6210 |
| March | 5645 | 6395 |
| April | 5830 | 6580 |
| May | 6015 | 6765 |
| June | 6200 | 6950 |
| July | 6385 | 7135 |
| August | 6570 | 7320 |
| September | 6755 | 7505 |
| October | 6940 | 7690 |
| November | 7115 | 7875 |
| December | 7275 | 8175 |
HAL has expertise in making advanced defense equipment and has strong ties with the Indian armed forces. This will likely lead to steady orders and increasing profits. The company is focusing more on unmanned aerial vehicles, next-generation avionics, and technology upgrades, which should support ongoing growth.
Our analysis shows that the share price is expected to be between Rs 7756 and Rs 10,875.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2027 | 7756 | 10875 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 7756 | 8756 |
| February | 7954 | 8954 |
| March | 8151 | 9151 |
| April | 8348 | 9348 |
| May | 8546 | 9546 |
| June | 8743 | 9743 |
| July | 8940 | 9940 |
| August | 9138 | 10138 |
| September | 9335 | 10335 |
| October | 9532 | 10532 |
| November | 9729 | 10729 |
| December | 9915 | 10875 |
India’s defense exports are expected to become a significant source of income, and the ongoing modernization of its defense forces may lead to record orders for HAL. Investments in research and development, digital technologies, and new platforms, such as local engines, are likely to strengthen company’s competitiveness by 2028.
Our analysis shows that the share price is expected to be between Rs 9875 and Rs 12,765.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2028 | 9875 | 12765 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 9875 | 11035 |
| February | 10057 | 11217 |
| March | 10239 | 11399 |
| April | 10421 | 11581 |
| May | 10603 | 11763 |
| June | 10785 | 11945 |
| July | 10967 | 12127 |
| August | 11149 | 12309 |
| September | 11331 | 12491 |
| October | 11513 | 12673 |
| November | 11695 | 12750 |
| December | 11875 | 12765 |
HAL is a leader in the Indian defense sector, thanks to ongoing deliveries of fighter jets, helicopters, and engines, as well as strong contracts for after-sales and maintenance services. Growth in exports and high-margin maintenance, repair, and overhaul (MRO) services can help increase profits.
Our analysis shows that the share price is expected to be between Rs 10,568 and Rs 14,538.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2029 | 10,568 | 14,538 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 10,568 | 12,400 |
| February | 10,768 | 12,600 |
| March | 10,968 | 12,800 |
| April | 11,168 | 13,000 |
| May | 11,368 | 13,200 |
| June | 11,568 | 13,400 |
| July | 11,768 | 13,600 |
| August | 11,968 | 13,800 |
| September | 12,168 | 14,000 |
| October | 12,368 | 14,200 |
| November | 12,568 | 14,400 |
| December | 12,768 | 14,538 |
HAL is likely to grow rapidly if it capitalizes on opportunities in both civil and military aviation, expands its global reach, and explores emerging technologies. Long-term contracts and a strong lineup of homegrown products will be essential for its success in 2030.
Our analysis shows that the share price is expected to be between Rs 12,785 and Rs 16,575.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2030 | 12,785 | 16,575 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 12,785 | 14,450 |
| February | 13,025 | 14,700 |
| March | 13,265 | 14,950 |
| April | 13,505 | 15,200 |
| May | 13,745 | 15,450 |
| June | 13,985 | 15,700 |
| July | 14,225 | 15,950 |
| August | 14,465 | 16,200 |
| September | 14,705 | 16,350 |
| October | 14,945 | 16,450 |
| November | 15,185 | 16,525 |
| December | 15,425 | 16,575 |
If HAL continues to lead in aerospace and pushes for innovative ideas, it could become a major player in both the Indian and global defense markets. HAL’s move into high-tech areas, such as AI, drones, and satellite technology, along with its increasing exports, could make it a global leader.
Our analysis shows that the share price is expected to be between Rs 23,455 and Rs 28,650.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2040 | 23,455 | 28,650 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 23,455 | 25,000 |
| February | 23,755 | 25,400 |
| March | 24,055 | 25,800 |
| April | 24,355 | 26,200 |
| May | 24,655 | 26,600 |
| June | 24,955 | 27,000 |
| July | 25,255 | 27,250 |
| August | 25,555 | 27,500 |
| September | 25,855 | 27,750 |
| October | 26,155 | 28,000 |
| November | 26,455 | 28,300 |
| December | 26,755 | 28,650 |
In 2050, HAL could become a highly profitable stock if it adapts to future defense trends and partners with countries seeking advanced aerospace solutions. Continued government support, successful global expansion, and a focus on innovation are crucial for HAL’s long-term success.
Our analysis shows that the share price is expected to be between Rs 36,554 and Rs 43,845.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2050 | 36,554 | 43,845 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 36,554 | 38,000 |
| February | 36,950 | 38,600 |
| March | 37,346 | 39,200 |
| April | 37,742 | 39,800 |
| May | 38,138 | 40,400 |
| June | 38,534 | 41,000 |
| July | 38,930 | 41,600 |
| August | 39,326 | 42,200 |
| September | 39,722 | 42,600 |
| October | 40,118 | 43,000 |
| November | 40,514 | 43,500 |
| December | 40,910 | 43,845 |
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2025 | 3,250 | 6,500 |
| 2026 | 5,275 | 8,175 |
| 2027 | 7,756 | 10,875 |
| 2028 | 9,875 | 12,765 |
| 2029 | 10,568 | 14,538 |
| 2030 | 12,785 | 16,575 |
| 2040 | 23,455 | 28,650 |
| 2050 | 36,554 | 43,845 |
| Category | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|
| Promoters | 71.64% | 71.64% | 71.64% | 71.64% | 71.64% |
| FIIs | 12.08% | 12.26% | 11.85% | 11.68% | 12.42% |
| DIIs | 8.26% | 8.13% | 8.37% | 8.81% | 9.58% |
| Government | 0.04% | 0.03% | 0.00% | 0.00% | 0.00% |
| Public | 7.97% | 7.95% | 8.13% | 7.86% | 6.36% |
BDL Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy HAL Stock?
The company’s stock looks strong. Promoters still hold most shares, which is a good sign. Foreign investors are also buying more. Public interest is growing too. The number of shareholders keeps rising. This shows people trust the company. If you want steady growth, HAL could be a good choice to consider.
HAL Ltd Earning Results (Financials)
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Sales (₹ Cr.) | 30,981 | 30,381 | 26,927 | 24,620 | 22,882 |
| Expenses (₹ Cr.) | 21,373 | 20,630 | 20,242 | 19,205 | 17,538 |
| Operating Profit (₹ Cr.) | 9,608 | 9,752 | 6,686 | 5,415 | 5,344 |
| OPM % | 31% | 32% | 25% | 22% | 23% |
| Other Income (₹ Cr.) | 2,608 | 1,923 | 1,673 | 985 | 364 |
| Interest (₹ Cr.) | 9 | 43 | 64 | 65 | 267 |
| Depreciation (₹ Cr.) | 1,340 | 1,407 | 1,785 | 1,111 | 1,158 |
| Profit Before Tax (₹ Cr.) | 10,867 | 10,225 | 6,510 | 5,225 | 4,283 |
| Tax % | 23% | 25% | 10% | 3% | 24% |
| Net Profit (₹ Cr.) | 8,364 | 7,621 | 5,828 | 5,080 | 3,246 |
| EPS (₹) | 125.07 | 113.96 | 87.14 | 75.96 | 48.53 |
| Dividend Payout % | 20% | 31% | 32% | 26% | 31% |
Expert Forecasts on The Future of HAL Ltd.
Experts believe HAL Ltd. has a bright future. Its sales and profits have steadily grown over the years. In 2025, it made its highest-ever profit. Expenses are under control, and the company earns well from other sources too. This strong growth shows HAL is doing well and has solid potential ahead.
Is HAL Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- Near-monopoly in Indian aerospace and defence manufacturing
- Regular large orders from Indian armed forces and export clients
- Strong government support and policy tailwinds
- High profitability, low debt, and healthy dividend payout
- Consistent investments in R&D and new technology
Bearish Case:
- High dependence on government contracts and policies
- Execution risks and project delays
- Technology obsolescence risk if HAL doesn’t keep pace globally
- Geopolitical tensions impacting global export opportunities
Conclusion
HAL is a crown jewel of Indian defence manufacturing. If you believe in the long-term growth of India’s defence sector, government policy support, and the company’s focus on innovation, HAL deserves a place in your portfolio. However, as with all stocks, keep an eye on execution and technological progress, and always follow good risk management. If you’re considering an investment, you should read the full article for details about the company’s performance and future stock projections.
GRSE Share Price Target 2025, 2026, 2030, 2040, 2050
