Some observations from HAL Annual Report 2018-19. Not much interesting stuff which was not already known. And I am disappointed to see any real details on LCA Mk1A. But whatever I find interesting, here it is.
- Total Sale 19704Cr (+7.8% from last year) (Export - 405 Cr)
- Profit Before Tax is 3627 Cr (+12%)
- Profit After Tax is 2282 Cr (+14.5%).
- Order book at end of FY 18-19 = 58588 Cr (~3yr worth production, not v good)
- Dividend paid + Tax - 798 Cr
- Production - 41 Aircrafts (Fighters + Helis) & 102 Aero Engines &Accessories.
- R&D Expenditure - 1464 Cr (~2/3rd of PAT..!!)
- Cash at hand = 112 Cr (huge reduction frm ~6500Cr last yr and ~17700Cr from 14-15. Currently key concern)
- Operating Margin - 17.1% (comparable
- LCA MK1/MK1A
- NLCA
- HTT-40
- LCH
- LUH
- Upgrades - M2K, Jag DARIN-3, Hawk-i
- HTFE-25/HTSE-1200
- Do-228
No updates on ALH, WSI, Su30MKI, IMRH, NUH, RUAV, LCA MK2, status of NP5.
HTT-40 recently completed 6 turn spin test
No order yet, but product specific dev (e.g. for IJT or Jaguar) would take another 5yr, which is what I had expected too.