Hello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought a stock which is ready to fly in blue sky after 35% of correction from all time high. Stock name is Hindustan Aeronautics and it is engaged in the business of Manufacture of Aircraft and Helicopters and Repair, Maintenance of Aircraft and Helicopters.
Stock is really giving long term investing opportunity at the current price, as stock has already corrected almost 35% from all time high, so it is another opportunity to get this GEM on discounted price. I will recommend all of you to do SIP in this on regularly basis. I have a feeling and expectation that it is going to be added in NIFTY one day surely. Think for long term only. For short term i have already given levels on chart. No doubt if we can see this stock giving more than 1000% returns in next 7-10 years.
Clientele:- The company plays a strategic role in India’s defense program as it is the core equipment supplier to the Indian Defense Services, including the Indian Air Force, Indian Navy, Indian Army, and Indian Coast Guard. It is highly dependent on contracts from Ministry of Defense.
Order Book:- As of FY24, the order book stood at Rs 94,000 Cr compared to Rs. 82,000 Cr in FY22, with additional major orders expected during FY25. In FY24, the Company received manufacturing contracts of over Rs. 19,000 Cr and ROH Contracts of over Rs. 15,000 Cr. In September 2024, it received a new major contract from MoD for supply of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force for Rs. 26,000 Cr.
Manifacturing & R&D:- The company has 20 production and overhaul divisions and 9 R&D centers across India. It inaugurated a new Design and Test facility at Aero Engine Research & Development Centre in Bangalore in December 2023, to accelerate R&D of aero-engines. It spends 7% to 8% of the total revenue on R&D, it has also created an R&D Reserve, an annual contribution of 15% of the operating PAT, is transferred into this reserve.
Market Cap ₹ 3,02,715 Cr. Current Price ₹ 4,525 High / Low ₹ 5,675 / 1,768 Stock P/E 36.8 Book Value ₹ 434 Dividend Yield 0.77 % ROCE 38.9 % ROE 28.9 % Face Value ₹ 5.00 Industry PE 71.6 Debt ₹ 49.4 Cr. EPS ₹ 123 Promoter holding 71.6 % Intrinsic Value ₹ 1,509 Pledged percentage 0.00 % EVEBITDA 22.9 Change in Prom Hold 0.00 % Profit Var 5Yrs 26.5 % Sales growth 5Years 8.71 % Return over 5years 66.4 % Debt to equity 0.00 Net profit ₹ 8,216 Cr. ROE 5Yr 26.6 % Profit growth 36.5 % Earnings yield 3.88 % PEG Ratio 1.39
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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