Latest news with #LCHPrachand
India.com
3 days ago
- Business
- India.com
Operation Sindoor: China SHOCKED by Pakistan's defeat, Beijing to provide its deadliest weapon to Pak army to..., its capable of...
(File) Operation Sindoor: Shocked and stunned by the crushing defeat of Pakistan in its recent military conflict with India, China is now making additional efforts to enhance the offensive and defensive capabilities of its 'all-weather ally'. Beijing recently approved a fresh $3.7 billion loan to Islamabad, which the cash-strapped country will reportedly use to acquire Chinese-made weapons, including one of PLA's most advanced and deadliest weapons, a Z-10ME attack helicopter. Pakistan to acquire Chinese attack helicopters According to reports, the Chinese attack helicopter will be assembled in Pakistan where it will also be augmented with Turkish-made weapons. China plans to deliver at least Z-10ME helicopters to Pakistan, they said. Earlier, Pakistan had attempted to acquire US-made AH-1Z Weaver helicopters, and T129 ATAK helicopters from Turkey, but both countries refused to sell due to export restrictions. Turkey's T129 ATAK's are built using US-supplied components, which bars them from selling these warplanes to a third country without US consent. China's most lethal attack chopper Built to counter India's LCH Prachand attack helicopter, China's Z-10ME attack helicopters are considered by experts as the deadliest attack choppers in PLA's (People Liberation Army of China) arsenal. As per reported, in its efforts to increase self-reliance in defense manufacturing, Pakistan will jointly manufacture the Z-10MEs with China. The helicopter will also be integrated with state-of-the-art weapons from Turkey, which carved a niche as a global leader in manufacture of military helicopters. Reports suggest the Chinese Z-10MEs could be Turkish-made UMTAS anti-tank guided missile, which boasts a firing range of 8 kilometers, and is a 'fire and forget' missile. Additionally, there are also plans to install Turkish laser guided rockets, advanced avionics suite as well as advanced sensors for navigation in the Z-10ME attack helicopter, as per reports. According to experts, Pakistan intends to employ the Z-10MEs to conduct anti-terror operations in Balochistan and Khyber Pakhtunkhwa as well as for surveillance on the Line of Control (LoC) with India. LCH Prachand– India's answer to Chinese Z-10ME Meanwhile, India's answer to the Z-10ME is is the Prachand, an indigenously developed Light Combat Helicopter (LCH), designed for multi-role combat, especially in high-altitude operations. Designed and developed by Hindustan Aeronautics Limited (HAL), the LCH Prachand is built for both ground attack and aerial missions in extreme conditions, such as in high-altitude combat zones like Ladakh and Siachen Glacier. Last year, the Ministry of Defense (MoD) placed a $6.1 billion order with HAL for 156 LCH Prachand helicopters, while several countries including, Nigeria, Argentina and the Philippines have expressed interest in purchasing the Indian-made attack helicopter.
Business Upturn
22-05-2025
- Business
- Business Upturn
HAL shares in focus as order book hits Rs 1.89 lakh crore; management sees double-digit growth ahead
By Aditya Bhagchandani Published on May 22, 2025, 14:26 IST Shares of Hindustan Aeronautics Ltd (HAL) were in focus on Wednesday after the company, during its Q4 FY25 earnings call, revealed that its order book has swelled to ₹1.89 lakh crore, boosted by significant manufacturing and overhaul contracts. The company also projected double-digit revenue growth from the next financial year. HAL stated that it expects to deliver 30 AL-31FP engines annually over the next eight years, further strengthening its long-term revenue visibility. These updates have sparked renewed investor interest, even as the stock has already gained over 17% in the past one month, now trading at ₹5,022.80. Earlier, on May 14, HAL had reported its Q4 FY25 results. While net profit declined 7.8% year-on-year to ₹3,958 crore, it beat street estimates of ₹2,592 crore. Revenue fell 7.2% YoY to ₹13,700 crore, slightly above its own provisional guidance of ₹13,118 crore. The company also delivered a Q4 EBITDA of ₹5,292 crore, well above analyst expectations of ₹3,591 crore, with EBITDA margins of 38.6%, although slightly down by 140 basis points year-on-year. In a provisional update prior to the results, HAL had confirmed new manufacturing contracts worth ₹1.02 lakh crore and RoH (repair and overhaul) contracts worth ₹17,500 crore. A key part of this includes the ₹62,777 crore deal with the Ministry of Defence for the supply of 156 LCH Prachand helicopters. With a current market capitalisation of ₹3.36 trillion, HAL remains one of the leading players in India's defence manufacturing space. Investors are closely monitoring further developments as the company enters a high-execution phase of its record order book. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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.
Business Standard
14-05-2025
- Business
- Business Standard
HAL records over 7% YoY drop in Q4 PAT to Rs 3,976 crore
Hindustan Aeronautics has reported 7.7% fall in consolidated net profit to Rs 3,976.66 crore as revenue from operations declined by 7.3% to Rs 13,699.85 crore in Q4 FY25 as compared with Q4 FY24. Total expenses for the period under aggregated to Rs 9,149.88 crore, down by 4.1% YoY. Profit before tax in Q4 FY25 stood at Rs 5,218.66 crore, down by 9.9% from Rs 5,795.00 crore recorded in Q4 FY24. For FY25, HAL has registered a consolidated net profit of Rs 8,364.13 crore (up 9.8% YoY) and revenue from operations of Rs 30,980.95 crore (Rs 2.0% YoY). In a statement filed with the domestic bourses on 31 March 2025, HAL has stated that its order book stood at Rs 1,84,000 crore as against the opening order book position of Rs 94,129 crore and after adjusting current year liquidation. During the year 2024-25, HAL received new manufacturing contracts of Rs 1,02,000 crore and repair & overhaul (ROH) contracts of Rs 17,500 crore. The company also signed a contract with MoD for supply of 156 LCH Prachand worth Rs. 62,777 crore, making it the single biggest procurement by MoD from HAL till date. With the supply chain issues stabilizing, new orders in hands and enhancement of capacities, the company is gearing up for more robust physical and financial performance in the FY 2025-26, the public sector entity had said in a statement. Hindustan Aeronautics, a defence public sector undertaking (DPSU), undertakes design, development, manufacturing, maintenance, repair, overhaul, and servicing of aircraft, helicopters, engines and other related systems like avionics, instruments, and accessories. Its primary consumers are the Indian defence forces comprising the Indian Air Force, Indian Army, Indian Navy and the Indian Coast Guard. The Government of India (GoI) is HAL's largest shareholder, with a stake of 71.64% as on 31 March 2025. The scrip rose 3.32% to currently trade at Rs 4762 on the BSE.
