State-run defense company Hindustan Aeronautics Limited (HAL) has declared a dividend of Rs 15 per equity share for the financial year 2024–25 (FY25).
This is a 300% dividend on shares with a face value of Rs 5. The record date for this dividend has also been announced.
The final approval will be given in the Annual General Meeting (AGM). Once approved, the dividend amount will be credited directly to shareholders’ accounts within 30 days from the AGM.
Second Dividend of FY25, After Rs 25 in February
This is the second dividend announced by HAL in FY25. Earlier in February, the company had paid a dividend of Rs 25 per equity share. In the previous financial year (FY24), HAL had given a final dividend of Rs 13 per share.
Government’s Share and Company Performance
The Government of India holds a 71.64% stake in HAL. From this new dividend, the government is set to receive Rs 718.6 crore.
In terms of financial performance, HAL’s net profit for the fourth quarter of the last financial year fell to Rs 3,977 crore, compared to Rs 4,309 crore in the same quarter the previous year.
Analysts had earlier warned that HAL’s revenue could drop due to delays in the delivery of the Tejas Mk 1A light combat aircraft, although the defense order pipeline remained steady during the quarter.
New ISRO Contract and Stock Performance
Recently, HAL became the top bidder for the design and manufacturing of ISRO’s Small Satellite Launch Vehicle (SSLV).
With this, it became the first Indian company to receive full technology transfer for a satellite launch vehicle.
On the stock market, HAL shares closed at ₹4,894.7 on the NSE on Friday, rising by 1.61%. However, the stock had dropped 1.51% last week and 1.53% since the start of June. Despite this, HAL shares have delivered a 17.37% return so far in 2025.
