ICRA withdraws Hindustan Aeronautics rating, outlook Stable
Hindustan Aeronautics (BSE: HAL) said ICRA has withdrawn its credit rating at AAA with a stable outlook. The company is valued at about ₹3.34 lakh crore.
What happened
Hindustan Aeronautics (BSE: HAL) informed the stock exchanges on 11 November 2026 at 03:30 PM that ICRA has withdrawn its credit rating at AAA with a stable outlook.
From the filing: "ICRA communication dated 11 th November, 2026 for withdrawal of credit rating, is enclosed. 3."
Company snapshot
Hindustan Aeronautics is a large-cap company in the Capital Goods sector, with a market value of about ₹3.34 lakh crore.
The stock last traded at ₹4,999, against a 52-week range of ₹3,479.1–₹5,149.9 (2.9% below the high).
Before this filing the shares had moved +7.4% over the month and +1.8% over three months. Average daily turnover over the last 20 sessions was about ₹373 crore.
Promoters held 71.64% at the end of Q1 FY27. Foreign institutions owned 9.34% and domestic institutions 11.98%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 4,819 | 1,383.8 | 20.69 |
| Q2 FY26 | 6,629 | 1,669.1 | 24.96 |
| Q3 FY26 | 7,699 | 1,866.7 | 27.91 |
| Q4 FY26 | 13,942 | 4,196 | 62.74 |
| Q1 FY27 | 5,515 | 1,589.7 | 23.77 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Across 99 similar disclosures by other Capital Goods companies, shares moved +0.4% on average the next day and +0.6% over five days; 48% of them rose the next day.
Market-wide, 1,447 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 12 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Trade Spotlight: How should you trade Adani Green Energy, GAIL, Hindustan Aeronautics, Bharat Electronics,...
- Hindustan Aeronautics Limited (HAL.BO) Seasonal returns chart
- Hindustan Aeronautics acquires full ownership of HATSOFF Helicopter Training
- Hindustan Aeronautics Limited credit ratings withdrawn
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.