Rs 1,89,300 Order Book: Defence Company Signs Small Satellite Launch Vehicle Technology Transfer Agreement with ISRO, IN-SPACe & NSIL

DSIJ Intelligence-1 / 10 Sep 2025/ Categories: Multibaggers, Trending

Rs 1,89,300 Order Book: Defence Company Signs Small Satellite Launch Vehicle Technology Transfer Agreement with ISRO, IN-SPACe & NSIL

The stock gave multibagger returns of 275 per cent in 3 years and a whopping 955 per cent in 5 years.

Hindustan Aeronautics Limited (HAL) has signed a crucial technology transfer agreement with the Indian Space Research Organisation (ISRO), the Indian National Space Promotion and Authorisation Centre (IN-SPACe), and NewSpace India Limited (NSIL). This agreement, signed in Bengaluru on September 10, 2025, grants HAL the technology for the Small Satellite Launch Vehicle (SSLV). This will allow HAL to take a leading role in India's growing space sector.

The SSLV is a three-stage rocket designed to launch satellites under 500 kg into Low Earth Orbit (LEO). Under the terms of the contract, HAL will absorb the technology over the next two years, followed by a decade-long production phase. The agreement gives HAL a non-exclusive, non-transferable license to the technology, covering everything from design and manufacturing to launch operations and post-flight analysis.

This strategic move will allow HAL to transition from simply being a component supplier to a full-fledged launch service provider. The company will be responsible for the mass production of SSLVs to meet both domestic and international demand. This initiative is expected to boost India's indigenous manufacturing capabilities and create new opportunities for MSMEs, startups, and other players in the wider industrial ecosystem. This aligns with HAL's long-term goal of establishing its own dedicated space vertical.

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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 DIIs increased their stake to 8.67 per cent in June 2025 compared to March 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 275 per cent in 3 years and a whopping 955 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.