Hindustan AeronauticsNSE:HAL 94 Net Margin % is 30.10% as of Mar. 2026, which is 68% above its 10-year median of 17.88. GuruFocus rates NSE:HAL with a GF Score™ of 94/100 and a GF Value™ of ₹4,701.13 (Fairly Valued). The stock has 3 warning signs investors should review. Among 347 Aerospace & Defense companies, Hindustan Aeronautics ranks better than 94.52% on this metric.
The historical rank and industry rank for Hindustan Aeronautics's Net Margin % or its related term are showing as below:
NSE:HAL'
s Net Margin % Range Over the Past 10 Years
Min: 10.89 Med: 17.88 Max: 27.55
Current: 27.55
NSE:HAL's Net Margin % is ranked better than 94.52% of 347
companies
in the Aerospace & Defense industry
Industry Median: 4.9
vs NSE:HAL: 27.55
Hindustan Aeronautics (NSE:HAL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Hindustan Aeronautics Net Margin % Related Terms
Hindustan Aeronautics Net Margin % Historical Data
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The historical data trend for Hindustan Aeronautics's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, Hindustan Aeronautics's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hindustan Aeronautics Net Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Hindustan Aeronautics's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hindustan Aeronautics's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hindustan Aeronautics (NSE:HAL) has a Net Margin % of 30.10% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hindustan Aeronautics and its competitors. This is 68% above median its historical median of 17.88. Over the past decade, Hindustan Aeronautics' Net Margin % has ranged from 10.89 to 27.55. According to the industry distribution chart, Hindustan Aeronautics ranks #19 out of 347 companies in the Aerospace & Defense industry, placing it in the top 5.5%.
Is Hindustan Aeronautics' Net Margin % too high?
Hindustan Aeronautics' current Net Margin % of 30.10% is 68% above median its 10-year median of 17.88. Over the past 10 years, this metric has ranged from a low of 10.89 to a high of 27.55. The Aerospace & Defense industry median Net Margin % is 4.90. Hindustan Aeronautics' value of 30.10% is 514.3% above this industry median. Based on the distribution chart, Hindustan Aeronautics ranks #19 out of 347 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Aeronautics has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Aeronautics' Net Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Hindustan Aeronautics ranks #19 out of 347 companies for Net Margin %. This places Hindustan Aeronautics in the top 6% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.90. Hindustan Aeronautics' value of 30.10% is 514.3% above this benchmark. Historically, Hindustan Aeronautics' own Net Margin % has ranged from 10.89 to 27.55 over the past decade. While the company's 10-year median is 17.88 vs. the industry median of 4.90, Hindustan Aeronautics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Aerospace & Defense company?
The median Net Margin % among Aerospace & Defense companies is 4.90, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Aeronautics's current Net Margin % of 30.10% is 514.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hindustan Aeronautics and its competitors. For the Aerospace & Defense industry, the median Net Margin % is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Aeronautics's current Net Margin % is 30.10%, which is 68% above median its own 10-year median of 17.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Aeronautics stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Aeronautics (NSE:HAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,701.13, compared to a current price of ₹4,368.70 — trading 7.1% below its estimated fair value. The current Net Margin % is 30.10%, which is 68% above median its 10-year median of 17.88 and 514.3% above the Aerospace & Defense industry median of 4.90. Hindustan Aeronautics' overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hindustan Aeronautics (NSE:HAL), the current Net Margin % is 30.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hindustan Aeronautics (NSE:HAL) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Aeronautics stock appears to be undervalued.
The current stock price of ₹4,368.70 is trading 7.1% below its estimated GF Value™ of ₹4,701.13.
GuruFocus considers Hindustan Aeronautics to be Fairly Valued.
Key valuation signals for NSE:HAL:
Net Margin %: 30.10% (68% above median its 10-year median of 17.88)
GF Value™: ₹4,701.13 vs. price of ₹4,368.70 (7.1% below fair value)
Industry Position: 514.3% above the Aerospace & Defense median (#19 of 347)
No single metric tells the full story. See the NSE:HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.
94GF Score
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