Hindustan Aeronautics Q4 2024 Results: Consolidated PAT increased by 52.19% on a YOY basis reaching ₹4308.68 cr

Tanushree Jaiswal 16th May 2024 - 05:52 pm

Synopsis:

Hindustan Aeronautics Limited (HAL) Limited announced its quarterly results for March 2024 on 16th May. It reported a consolidated PAT of ₹4308.68 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 15.96% on a YOY basis reaching ₹15326.06 cr.

Quarter result performance

The company’s consolidated total revenue for Q4 FY2024 increased by 15.96% on a YOY basis, reaching ₹15326.06 cr from ₹13216.90 cr in Q4 FY2023. The quarterly consolidated revenue was up by 135.027%. HAL reported a consolidated PAT of ₹4308.68 cr for Q4 FY2024 against ₹2831.19 cr in Q4 FY2023, which is a hike of 52.19%. On a quarterly basis, the consolidated PAT was up by 241.55%. The company’s PAT margin stood at 28.11%, up by 31.24% on a YOY basis. While its EBITDA grew at 81.80% while its EBITDA margin was 40.00%.

Hindustan Aeronautics Limited (HAL) Limited
Revenue	Q4 FY24	Q3 FY24	Q4 FY23
Revenue	15,326.06	6,521.26	13,216.90
% Change		135.02%	15.96%
	(Current)	(Q-o-Q)	(Y-o-Y)
PBT	Q4 FY24	Q3 FY24	Q4 FY23
PBT	5,795.00	1,689.43	2,843.66
% Change		243.02%	103.79%
	(Current)	(Q-o-Q)	(Y-o-Y)
PBT M BPS(%)	Q4 FY24	Q3 FY24	Q4 FY23
PBT M BPS(%)	37.81	25.91	21.52
% Change		45.95%	75.74%
	(Current)	(Q-o-Q)	(Y-o-Y)
PAT (₹ Cr)	Q4 FY24	Q3 FY24	Q4 FY23
PAT (₹ Cr)	4,308.68	1,261.51	2,831.19
% Change		241.55%	52.19%
	(Current)	(Q-o-Q)	(Y-o-Y)
PAT M BPS (%)	Q4 FY24	Q3 FY24	Q4 FY23
PAT M BPS (%)	28.11	19.34	21.42
% Change		45.33%	31.24%
	(Current)	(Q-o-Q)	(Y-o-Y)
EPS	Q4 FY24	Q3 FY24	Q4 FY23
EPS	64.43	18.86	42.33
% Change		241.62%	52.21%
	(Current)	(Q-o-Q)	(Y-o-Y)

For the full financial year ending in March 2024, the consolidated PAT stood at ₹7620.95 cr compared to ₹5827.73 cr in FY 2023, up by 30.77%. For FY 2024, its consolidated total revenue stood at ₹32277.68 cr compared to ₹28597.58 cr in FY 2023, up by 12.87%.

Commenting on the quarterly results, Mr. C B Ananthakrishnan, Chairman and Managing Director (additional charge), Hindustan Aeronautics Limited (HAL) said, “Despite the major supply chain challenges arising due to geopolitical issues, the Company has met the expected revenue growth with improved performance for the entire year. As on March 31, 2024, the company’s order book stands in excess of Rs 94,000 crore with additional major orders expected during FY25.”

About Hindustan Aeronautics Limited (HAL) Limited

Hindustan Aeronautics Limited (HAL) is an aerospace and defence company in India. It operates under the administrative control of the Indian Ministry of Defence and is headquartered in Bangalore, Karnataka, India. HAL is one of Asia's largest aerospace companies and has played a significant role in the aerospace and defence sector, particularly in manufacturing and assembling aircraft, navigation, and related communication equipment, and operating airports.

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Tanushree Jaiswal

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