Hindustan Aeronautics Full Year 2024 Earnings: Beats Expectations

Hindustan Aeronautics (NSE:HAL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹303.8b (up 13% from FY 2023).
• Net income: ₹76.2b (up 31% from FY 2023).
• Profit margin: 25% (up from 22% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ₹114 (up from ₹87.14 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hindustan Aeronautics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in India.

Performance of the Indian Aerospace & Defense industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Hindustan Aeronautics (1 can't be ignored!) that we have uncovered.

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