Rs 1,89,300 Crore Order Book: Aircraft Manufacturer-HAL and UAC Sign MoU in Moscow for Production of SJ-100
DSIJ Intelligence-1 / 28 Oct 2025/ Categories: Multibaggers, Trending

The stock gave multibagger returns of 380 per cent in 3 years and a whopping 1,250 per cent in 5 years.
Hindustan Aeronautics Limited (HAL) and Public Joint Stock Company United Aircraft Corporation (PJSC-UAC), Russia, signed an MoU forthe production of civil commuter aircraft SJ-100 in Moscow, Russia, on October 27, 2025. Shri Prabhat Ranjan, HAL and Mr. Oleg Bogomolov, PJSC UAC, Russia, signed the MoU in the presence of Dr. D. K. Sunil, CMD, HAL and Mr. Vadim Badeka, Director General, PJSC UAC. SJ-1 00 is a twin-engine, narrow-body aircraft. As on date, more than 200 aircraft have been produced and are being operated by more than 16 commercial airline operators. SJ-100 will be the game changer for short-haul connectivity under the UDAN Scheme in India. Under this arrangement, HAL will have the rights to manufacture SJ-100 aircraft for domestic customers.
This collaboration between HAL and UAC is the result of mutual trust between the organisations. This will also be the first instance wherein a complete passenger aircraft will be produced in India. The last such project was HAL's production of AVRO HS748, which started in 1961 and ended in 1988. It is estimated that over the next ten years, the Indian aviation sector will require over 200 jets in this category for regional connectivity and an additional 350 aircraft for the Indian Ocean region to serve nearby international tourist destinations. The manufacturing of the SJ-100 aircraft marks the beginning of a new chapter in the history of the Indian aviation industry. It's a step towards fulfilling the dream of 'Aatmanirbhar Bharat' in the civil aviation sector. Manufacturing will also strengthen the private sector and create direct and indirect jobs in the aviation industry
About the Company
Hindustan Aeronautics Ltd (HAL), a leading Indian Defence company, excels in the design, manufacturing, repair and overhaul of aircraft and helicopters. Organised into three key segments—Manufacturing, Services and other activities—HAL boasts 20 production and overhaul divisions and nine R&D centres across India, prioritising indigenous programs like the HTT-40 Basic Trainer Aircraft and Light Utility Helicopter (LUH). Notably, HAL achieved the prestigious 'Maharatna' status on October 14, 2024, becoming the first Defence Public Sector Undertaking (PSU) to earn this distinction, signifying enhanced operational and financial autonomy.
According to Quarterly Results, the company reported net sales of Rs 4,819 crore and net profit of Rs 1,384 crore in Q1FY26. In its annual results, the net sales increased by 2 per cent to Rs 30,981 crore and net profit increased by 10 per cent to Rs 8,364 crore in FY25 compared to FY24.
The President of India’s portfolio owns the majority of the stake, i.e., 71.64 per cent as of June 2025 and FIIs increased their stake to 12 per cent in September 2025 compared to June 2025. The company has a market cap of over Rs 3 lakh crore and has maintained a healthy dividend payout of 31.4 per cent with a strong Order Book of Rs 1,89,300 crore. The stock gave multibagger returns of 380 per cent in 3 years and a whopping 1,250 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.