Latest news with #DhruvAdvancedLightHelicopters
Business Upturn
2 days ago
- Business
- Business Upturn
Hindustan Aeronautics shares in focus today as helicopter fleet gets operational clearance post grounding
By Aditya Bhagchandani Published on June 11, 2025, 09:38 IST Shares of Hindustan Aeronautics Limited (HAL) were in focus on June 11, trading 0.47% higher at ₹5,135.90 in early hours, after both its Dhruv Advanced Light Helicopters (ALH) and Prachand Light Combat Helicopters were cleared for flying, as per TOI reports. The clearance comes months after a fatal ALH crash in Porbandar on January 5, which led to a complete grounding of HAL's rotary platforms across the Army, Air Force, Navy, and Coast Guard. The helicopters were cleared following the replacement of specific components, based on findings by a defect investigation committee. This clearance paves the way for resumed operations and deliveries, which HAL management previously said had impacted Q4 FY25 revenues and margins. With operations now restored, Q1 FY26 onwards is expected to reflect positive contributions from the helicopter segment. The Indian Army, which has over 180 ALHs including 60 weaponised versions (Rudra), was the most affected by the grounding. The Indian Air Force operates 75 ALHs, the Navy 24, and the Coast Guard 19. Additionally, the IAF has 10 Prachand choppers while the Army has five. Notably, in March 2025, the Defence Ministry signed a ₹62,700 crore contract for 156 Prachand helicopters, with 90 units allotted to the Army and 66 to the IAF. Brokerage View According to Antique Broking, Hindustan Aeronautics (Rating: Buy, Target Price: ₹6,545) is set to be a key beneficiary of India's long-term air force modernisation strategy. With the Indian Air Force looking to expand from 32 to 42 squadrons, over 300 new aircraft may be required in the coming years. HAL is well-positioned to capture this opportunity with indigenous platforms like the Tejas Mk-1A, Mk-II, and the fifth-generation AMCA. Production challenges due to delays in engine deliveries from GE are also easing. The first engine was delivered in Q1 FY26, and 12 more are expected within the fiscal year. The execution of the 83-aircraft Tejas Mk-1A order is now expected to accelerate, with prospects of a follow-on order for an additional 97 jets. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
30-04-2025
- Business
- Yahoo
Safety fears keep most of India's go-to military helicopters grounded
CHRISTCHURCH, New Zealand — Following a fatal crash in January, India's entire fleet of Dhruv Advanced Light Helicopters – ALH for short – remains grounded, but the military has allowed some to fly after a deadly terrorist attack in Pahalgam, Kashmir, on April 23. The Indian Army, Air Force, Navy and Coast Guard rely heavily on 330-plus of the rotorcraft workhorses in their fleets. No end to their prolonged suspension is in view while an accident investigation unfolds. It was therefore notable that some Dhruvs were recently seen flying, suggesting temporary clearance was granted for counterterrorism operations in Jammu and Kashmir. To date, the ALH fleet manufactured by Hindustan Aeronautics Limited (HAL) has flown 450,000 hours, but the platform has suffered 28 crashes in the past 25 years. According to HAL, preliminary investigations blamed the latest crash on a swashplate fracture – a transmission part that translates pilot inputs into rotor blade motion. D.K Sunil, HAL's chairman and managing director, claimed in February that the ALH design had no fault. 'However, we're working with the Indian Coast Guard to examine their maintenance practices and determine whether any changes are required.' A final Defect Investigation Committee report is due in May, at which point 'we'll further take a call on the clearance,' Sunil said. Depending on any rectification work required, the ALH fleet may end up being grounded at least six months. The measure has already strained the military's fleet and forced the leasing of civilian helicopters as gap fillers. The grounding has also prompted criticism toward the manufacturer. Earlier this year, air force head Air Chief Marshal Amar Preet Singh bluntly said: 'At the moment, I'm just not confident in HAL.' He urged the company to 'alleviate those worries.' HAL lashed out in an April 10 press release, calling out 'speculative stories with malicious intentions' about safety issues. The company's order book backlog has grown to seven years, and it has other helicopter projects on the go. These include the Light Utility Helicopter, which achieved its maiden flight in September 2016. However, serial production is yet to proceed. In the next decade will come more than 300 13-ton-class Indian Multi-Role Helicopters, too. HAL logged its latest helicopter orders on March 28, with two deals for Prachand Light Combat Helicopters (LCH) – 90 for the army and 66 for the air force. The two contracts are reportedly worth an equivalent of over $7 billion. India's Ministry of Defence said the first LCHs would be delivered three years after contract signature, with production continuing five years thereafter. Furthermore, it is 'planned to achieve an overall indigenous content of over 65% during the execution of this procurement,' the government said. HAL previously delivered 15 limited-series production LCHs to India's military, the first of these handed over in 2021. HAL has declared a goal of aircraft exports accounting for 25% of the company's revenue. However, overseas sales currently account for a mere 1%.
