In this study, an analysis of fiber reinforced and symmetrically laminated hybrid composite plates containing a circular hole is carried out by the uniaxial tensile test using extensometer method. The lamina used in various specimens is carbon/epoxy and E-glass/epoxy with orientation of 00, 450 and 900. Initially, the stress state of a specimen of specified orientation without hole is studied followed by the stress concentration around a circular hole of the same specimen. When the fibers are loaded unidirectional and composite lie at an angle to the stress axis, the effective strength of the composite is reduced. A composite plate with central hole has found wide spread applications in various fields of engineering such as aerospace, marine, automobile and mechanical. It is helpful to investigate the crack propagation and failure of the composites which would help in damage analysis and damage resistance