HAL Q3 Results 2026 Highlights: Defence PSU’s net profit jumps 30% YoY to ₹1,867 crore; declares ₹35 dividend

HAL Q3 Results 2026 Highlights: Here are key highlights of HAL Q3 Results (YoY)

> Net profit up 30% at ₹1,866.68 crore from ₹1,439.83 crore

> Revenue up 10.7% at ₹7,698.80 crore from ₹6,957.31 crore

> EBITDA up 11.2% At ₹1,871 crore from ₹1,683 crore

> Margin up at 24.3% from 24.2%

> Board declares interim dividend of ₹35 per share

> HAL dividend record date set at February 18

> HAL dividend payment date on March 14

HAL Q3 Results 2026 LIVE: HAL share price ended 1.13% higher at ₹4,179.00 apiece on the BSE on Thursday after the announcement of Q3 results. On NSE, HAL stock price closed with a gain of 1.11% at ₹4,178.80 apiece.

HAL Q3 Results 2026 LIVE: HAL share price has recently seen an underperformance within the defense sector as prices have shown a corrective phase. As of now, there are no signs of trend reversal and hence, it is advisable to keep HAL stock on the watchlist, but wait for trend reversal signs for any contra trades. HAL share price is likely to see resistance on pullback move towards ₹4,280 - ₹4,380, said Ruchit Jain, Head, Equity Technical Research, Wealth Management, Motilal Oswal Financial Services Ltd.

HAL Q3 Results 2026 LIVE: HAL has achieved steady revenue growth and stable margins. The topline grew YoY and sequentially owing to the delivery of two Dornier Do-228 during the quarter and engine order ramp up. The gross margins came in higher YoY and sequentially and can be attributed to a higher share of the ROH segment in the overall mix. While the other expenses came in lower due to lesser provisioning, leading to an expansion in operating margins, the jump in other income and lower tax expense kept the PAT/PBT margins healthy. The performance of the company is in line with the estimates, said Krishna Doshi, Defence Analyst at Ashika Institutional Research.

At the current levels, HAL share price stock trades at an attractive valuation of 24x of FY28E EPS, making it the cheapest in the industry. “While performance has been encouraging, we maintain a ‘Neutral’ stance given intensifying private-sector competition and the risk of a contraction in the company’s long-term order pipeline,” Doshi added.

HAL Q3 Results 2026 LIVE: HAL share price has fallen over 7% in one month and has declined 12% in three months. The PSU defence stock has dropped 5% in six months, but has rallied 16% in one year. HAL share price has jumped 247% in three years and has delivered multibagger returns of 713% in five years.

HAL Q3 Results 2026 LIVE: HAL share price traded higher after the announcement of Q3 results today. HAL shares were trading higher by 0.34% at ₹4,146.00 apiece on the BSE.

HAL Q3 Results 2026 LIVE: HAL dividend record dateand payment date has also been announced. The record date for the payment of the first interim dividend will be Wednesday, 18 February, 2026. The dividend will be paid to all the eligible shareholders on or before 14 March, 2026.

HAL Q3 Results 2026 LIVE: The Board of Directors of Hindustan Aeronautics Ltd has declared the first interim dividend of ₹35 per equity share of ₹5 each fully paid up (700%) for the Financial Year 2025-26.

HAL Q3 Results 2026 LIVE: At the operational level, EBITDA during the December quarter grew 11.2% to ₹1,871 crore from ₹1,683 crore, while EBITDA margin improved by 10 basis points (bps) to 24.3% from 24.2%, YoY.

HAL Q3 Results 2026 LIVE: The defence PSU’s revenue from operations in Q3FY26 increased 10.65% to ₹7,698.80 crore from ₹6,957.31 crore, year-on-year (YoY).

HAL Q3 Results 2026 LIVE: HAL reported a net profit of ₹1,866.68 crore in the third quarter of FY26, registering a growth of 30% from ₹1,439.83 crore in the year-ago period.

HAL Q3 Results 2026 LIVE: According to a recent report by Hindustan Times, HAL has been eliminated from the race to develop India’s fifth-generation stealth fighter jet under the Advanced Multirole Combat Aircraft (AMCA) programme.

HAL issued a clarification, saying that it had not received any official communication in this regard and, therefore, was not in a position to comment on these reports at this stage.

“HAL would like to reiterate that it has a robust confirmed order book, providing strong revenue visibility, and a healthy production and execution pipeline extending up to 2032. HAL is simultaneously advancing multiple strategic programmes, including the Indian Multi Role Helicopter (IMRH), LCA Mk2, and Combat Air Teaming System (CATS), which will further strengthen its technological capabilities and long-term growth prospects. These programmes are expected to enter production post-2032,” HAL said in a regulatory filing on February 4.

HAL is also diversifying its portfolio in the civil aviation segment with platforms such as Dhruv NG, Hindustan 228 and SJ 100, which will enhance revenue and provide sustainable growth in the future. HAL has strong fundamentals and is committed to delivering sustained year on year growth through consistent performance, it added.

HAL Q3 Results 2026 LIVE: Motilal Oswal expects HAL’s revenue growth of 13% YoY, driven by a healthy execution of the opening order book. EBITDA margin is expected to expand ~80 bps YoY as supply chain issues ease out. The execution of a huge order backlog, any major provisions, incremental inflows, and margin will be the key focus areas.

HAL Q3 Results 2026 LIVE: At the operating level, EBITDA during the December quarter is expected to rise 17%, while EBITDA margin is likely to expand by 89 basis points (bps) as supply chain issues ease out for the company.

HAL Q3 Results 2026 LIVE: HAL’s net profit in Q3FY26 is expected to jump nearly 30% year-on-year (YoY), while the company’s revenue is estimated to grow 13% YoY, according to estimates by Motilal Oswal.

HAL Q3 Results 2026 LIVE: HAL, the PSU defence company, is expected to report strong revenue and profit growth in the December quarter, driven by healthy execution of the order book.

HAL Q3 Results 2026 LIVE: Hindustan Aeronautics Ltd. (HAL), the state-run defence company, will announce its Q3 results today, 12 February 2026. HAL is a Maharatna public sector undertaking (PSU) under the Ministry of Defence, which manufactures aircraft, helicopters and jet engines.