HAL Shares Surge 3% Despite Missing FY26 Revenue Guidance

• Hindustan Aeronautics Ltd. (HAL) shares gained 3% on Wednesday, April 1, after its FY26 provisional business update.
• HAL reported ₹32,250 crore revenue for FY26, a 4% growth, missing its 8-10% guidance.
• Growth was impacted by supply chain disruptions delaying LCA Mk1A and HTT-40 deliveries, but offset by faster ALH helicopter and engine deliveries.
• The company's order book strengthened to ₹2.54 lakh crore, up from ₹1.89 lakh crore, driven by key Ministry of Defence contracts.
• HAL anticipates stronger growth in FY27 and beyond due to improved manufacturing, stabilizing supply chain, and civil segment diversification.