New Order General Industrials NSE: HAL ·

HAL and Safran Ink Contract for 4000 shp Aravalli Engine to Power 13-Ton Helicopters

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HAL and Safran Ink Contract for 4000 shp Aravalli Engine to Power 13-Ton Helicopters

Hindustan Aeronautics Ltd — New Order · HAL

Engine Power

4000 shp

Max Capacity

Market Cap

₹3,27,699 Cr

General Industrials

TTM Net Profit

₹9,321.5 Cr

12.1% EPS Growth

PE Ratio

35.16

Sector PE 57.75

! Key Highlights

  • Final contract signed for the design, development, and production of the Aravalli engine
  • Engine targets the 3,500 to 4,000 shp power class for heavy-lift rotorcraft
  • Powerplant selected for the 13-ton Indian Multi-Role Helicopter (IMRH) and DBMRH
  • Collaboration includes SAFHAL, a joint venture between HAL and Safran Helicopter Engines
  • Contract covers complete lifecycle support, including manufacturing and MRO capabilities

Hindustan Aeronautics (HAL) and Safran Helicopter Engines have formalized their partnership via SAFHAL to develop and produce the high-power Aravalli engine. This 3,500 to 4,000 shp class powerplant is designed for India's upcoming 13-ton Indian Multi-Role Helicopter and its naval variant.

Strategic Development of the Aravalli Engine

Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines have signed a definitive contract with their joint venture, SAFHAL Helicopter Engines Pvt. Ltd., to initiate the development of the Aravalli engine. This high-power turboshaft engine, named after the ancient mountain range, is engineered for the 3,500 to 4,000 shp power class.

It will serve as the primary powerplant for HAL’s upcoming 13-ton Indian Multi-Role Helicopter and its naval variant, the Deck-Based Multi-Role Helicopter. The agreement covers the entire value chain, including design, manufacturing, supply, and long-term lifecycle support for these critical propulsion systems.

Key Project Objectives

  • Strengthening indigenous capabilities for future-generation military rotorcraft programmes
  • Establishing a domestic aerospace industrial ecosystem for critical propulsion technologies
  • Jointly developing world-class turboshaft engines for India and global markets
  • Catalysing the growth of local Maintenance, Repair, and Overhaul (MRO) capabilities
  • Leveraging complementary expertise of HAL and Safran for state-of-the-art manufacturing

HAL Business and Market Position

Hindustan Aeronautics is India’s premier aerospace and defense entity, specializing in the design and manufacture of aircraft, helicopters, and aero-engines. The company’s portfolio includes the Tejas Light Combat Aircraft and the Advanced Light Helicopter Dhruv. HAL currently maintains a robust financial profile with a TTM net profit of 9,321.51 crore and a valuation of 327,699.75 crore.

The company reported a 14.45% year-on-year growth in quarterly revenue, reaching 5,515.17 crore. With a price-to-earnings ratio of 35.16, HAL is positioned as a significant player in the aerospace sector with a focus on defense indigenization.

Industry Context and Civil Potential

The Aravalli engine programme aligns with the Atmanirbhar Bharat initiative, focusing on self-reliance in high-technology aero-engine domains. Beyond its immediate military applications for the IMRH and DBMRH, the engine offers substantial potential for the civil aviation market. This includes utility missions, offshore transportation, and VVIP transport, expanding HAL’s addressable market.

The collaboration further reflects the strategic defense relationship between India and France, combining European technical expertise with Indian manufacturing. As the Indian military seeks to replace aging heavy-lift fleets, domestic engine development remains a critical pillar for long-term operational readiness.

Management Perspective

The Aravalli engine programme will not only support the operational requirements of the IMRH and DBMRH but will also contribute meaningfully to the development of a robust domestic aerospace industrial ecosystem.

— Mr. Ravi K, Chairman and Managing Director, HAL

Hindustan Aeronautics Ltd — Financial Snapshot

BSE: 541154 · NSE: HAL · General Industrials

Current Market Price ₹4900 per share
Market Capitalisation ₹3.28L Cr BSE Listed
Revenue (Annual) ₹33,088.82 Cr Operating
Net Profit (Annual) ₹9,115.60 Cr Consolidated
P/E Ratio (TTM) 35.16× Sector: 57.75×
Promoter Holding 71.64% 0.00% QoQ
FII Holding 9.34% Current Qtr

"The signing of this contract marks a significant step forward in India's pursuit of self-reliance in aero-engine technologies."

— Mr. Ravi K, Chairman and Managing Director, HAL

"The Aravalli engine programme represents a new chapter in the strategic relationship between France and India, combining the expertise of our teams to develop world-class propulsion systems."

— Mr. Cédric Goubet, Chief Executive Officer, Safran Helicopter Engines

Source Verified

Exchange filing by Hindustan Aeronautics Limited announcing a contract signing for the development and production of the Aravalli engine. Financial metrics from Trendlyne.

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