9APRIL 2026AEROLLOY ADVANCES INDIA'S AEROSPACE MANUFACTURING WITH FORGING SYSTEMHAL FY26 REVENUE RISES 4 PERCENT DESPITE SUPPLY CHALLENGESAerolloy Technologies Limited, a subsidiary of PTC Industries Limited, is advancing India's aerospace manufacturing with installation and commissioning of its new forging system at its Strategic Materials Technology Complex in the Uttar Pradesh Defense Industrial Corridor.The new forging system is an advanced open die forging system. The newly operational 4500/5100 tonne intelligent open die forging system is built to process Titanium, Superalloys, and high-performance materials used in aerospace, defense, and energy sectors.This open die forging system enables the production of complex, high-integrity components critical for aero HAL FY26 revenue is reported at Rs 32,250 crore, marking a 4 percent increase from the previous year, as HAL FY26 Revenue growth remained constrained by ongoing supply chain disruptions.The company said delays in critical deliveries, including the LCA Mk1A fighter jets and HTT-40 trainer aircraft, impacted overall performance. These setbacks were largely driven by global supply bottlenecks, geopolitical pressures, and technical constraints that slowed production timelines.engines, space propulsion, and industrial gas turbines.This development strengthens India's push for self-reliance in aerospace manufacturing. Large-scale open die forging requires deep expertise in metallurgy and precision engineering, a capability limited to a handful of global players. With this milestone, Aerolloy expands its presence in aerospace-grade forging solutions.The system works alongside the company's Vacuum Induction Melting (VIM) and Vacuum Arc Remelting (VAR) facilities, creating a fully integrated ecosystem--from raw material processing to casting and forging. This integration improves efficiency, ensures tighter quality control, and reduces reliance on imports.Sachin Agarwal, Chairman and Managing Director of PTC Industries, described the achievement as a defining moment for both the company and India's aerospace manufacturing sector. He emphasized that the integration of melting, casting, and forging capabilities under one roof positions the group among a select few global players offering such comprehensive solutions.With rising global demand for Titanium and Superalloy components, driven by aviation growth, defense upgrades, and space programs, Aerolloy is well positioned to capture new opportunities while strengthening India's role in the global supply chain. Despite these challenges, HAL managed to sustain growth by ramping up deliveries in other segments. Higher output of ALH helicopters, along with increased production of AL31-FP and RD-33 engines, supported the company's FY26 Revenue performance. Its maintenance, repair, and overhaul services also contributed steadily.A key highlight from the update is HAL's expanding order book, which surged to Rs 2.54 lakh crore from Rs 1.89 lakh crore at the start of the year. Major contracts, including the large LCA Mk1A deal and additional aircraft and helicopter orders, have strengthened long-term revenue visibility for the company.HAL also continues to invest in capacity expansion. New production lines for Tejas aircraft and HTT-40 trainers have been added to meet future demand. The company is also strengthening its supply chain partnerships and exploring opportunities in the civil aviation segment, including progress on the Dhruv NG helicopter.While near-term growth remains modest due to execution hurdles, HAL's strong order pipeline and ongoing expansion efforts position it well for improved performance once supply issues ease.
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