Hindustan Aeronautics Limited vs Mtar Technologies Limited
An objective side-by-side of HAL and MTARTECH, both in Engineering: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-30 close
Latest results: HAL Jun 2026 · MTARTECH Jun 2026
At a glance
- Hindustan Aeronautics Limited is the larger company by market value, about 13.0 times the size of Mtar Technologies Limited.
- On trailing earnings, Hindustan Aeronautics Limited trades at the lower P/E (33.5 against 179.0).
- Hindustan Aeronautics Limited earns the higher return on equity (22.7% against 16.3%).
- Over three years Hindustan Aeronautics Limited has grown profits faster (16% a year against -2%).
- Over the past year the share prices returned -1.2% (HAL) and +304.2% (MTARTECH).
| Metric | Hindustan Aeronautics HAL |
Mtar Technologies MTARTECH |
|---|---|---|
| Size and price | ||
| Market cap | ₹312,184 Cr | ₹23,983 Cr |
| Share price | ₹4,668 | ₹7,797 |
| Valuation | ||
| P/E | 33.49 | 179.01 |
| P/B | 7.61 | 29.14 |
| EV/EBITDA | 31.17 | 107.01 |
| PEG | 2.09 | — |
| Dividend yield | 0.9% | 0.0% |
| Profitability | ||
| ROE | 22.7% | 16.3% |
| ROCE | 32.0% | 15.0% |
| Operating margin | 29.6% | 21.1% |
| Sales (TTM) | ₹33,785 Cr | ₹1,080 Cr |
| Net profit (TTM) | ₹9,321 Cr | ₹134 Cr |
| Growth | ||
| Latest quarter sales YoY | +14.4% | +130.4% |
| Latest quarter profit YoY | +14.9% | +364.5% |
| Sales CAGR 3Y | +7.0% | +15.0% |
| Profit CAGR 3Y | +16.0% | -2.0% |
| Sales CAGR 5Y | +8.0% | +29.0% |
| Profit CAGR 5Y | +23.0% | +16.0% |
| Financial strength | ||
| Debt/Equity | 0.00 | 0.46 |
| Interest cover | 1,486.85 | 4.64 |
| Ownership | ||
| Promoter holding | 71.6% | 30.4% |
| Promoter change (4 qtrs) | +0.00 pp | -1.21 pp |
| Price performance | ||
| Return 1M | -2.78% | +10.70% |
| Return 3M | +5.28% | +5.36% |
| Return 1Y | -1.18% | +304.16% |
| Return YTD | +6.36% | +222.63% |
| Technical condition | ||
| Technical score | 45 | 75 |
| RS rating (1-99) | 66.00 | 98.00 |
| % vs 200-DMA | +5.94% | +47.14% |
| RSI (14) | 42.70 | 62.45 |
| % from 52-week high | -9.36% | -10.52% |
