Hind Aluminium Industries Ltd
Incorporated in 1993, Hind Aluminium Industries Ltd is in the business of Aluminium Products, Power, and Treasury Operations.[1]
- Market Cap ₹ 39.6 Cr.
- Current Price ₹ 62.9
- High / Low ₹ 83.8 / 57.2
- Stock P/E 4.56
- Book Value ₹ 141
- Dividend Yield 0.00 %
- ROCE -1.04 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.45 times its book value
- Company has delivered good profit growth of 24.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -62.2% over past five years.
- Company has a low return on equity of 6.47% over last 3 years.
- Earnings include an other income of Rs.14.0 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 498.17 | 705.56 | 555.40 | 398.12 | 95.68 | 24.30 | 3.10 | 1.33 | 3.07 | 6.14 | |
| 480.21 | 678.23 | 541.53 | 401.57 | 104.15 | 26.53 | 18.71 | 6.38 | 5.00 | 8.91 | |
| Operating Profit | 17.96 | 27.33 | 13.87 | -3.45 | -8.47 | -2.23 | -15.61 | -5.05 | -1.93 | -2.77 |
| OPM % | 3.61% | 3.87% | 2.50% | -0.87% | -8.85% | -9.18% | -503.55% | -379.70% | -62.87% | -45.11% |
| 1.20 | 4.48 | 4.16 | 3.62 | 1.26 | 1.36 | 13.04 | 11.73 | 2.87 | 13.97 | |
| Interest | 7.65 | 15.38 | 13.76 | 10.84 | 8.94 | 5.61 | 0.77 | 0.24 | 0.26 | 0.24 |
| Depreciation | 3.01 | 3.79 | 3.82 | 3.50 | 2.98 | 2.17 | 1.39 | 0.54 | 0.33 | 0.35 |
| Profit before tax | 8.50 | 12.64 | 0.45 | -14.17 | -19.13 | -8.65 | -4.73 | 5.90 | 0.35 | 10.61 |
| Tax % | 24.71% | 34.02% | 151.11% | -24.91% | -24.05% | -9.02% | -9.94% | -12.37% | 745.71% | |
| 5.31 | 8.76 | 2.38 | -10.60 | -14.64 | -3.33 | 5.20 | 15.99 | 7.43 | 8.70 | |
| EPS in Rs | 8.43 | 13.65 | 6.00 | -13.56 | -22.55 | -1.35 | 10.70 | 25.38 | 11.79 | 13.80 |
| Dividend Payout % | 18.98% | 11.72% | 8.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -62% |
| 3 Years: | -50% |
| TTM: | 469% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 128% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 10% |
| 3 Years: | 15% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 6% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 | 6.30 |
| Reserves | 69.86 | 77.24 | 74.57 | 64.82 | 50.63 | 51.01 | 59.29 | 70.57 | 78.01 | 82.71 |
| 92.55 | 137.29 | 89.50 | 103.27 | 31.73 | 21.53 | 2.04 | 0.00 | 0.00 | 0.77 | |
| 47.71 | 56.21 | 34.03 | 14.95 | 7.28 | 0.39 | -0.57 | 0.58 | 0.42 | 0.48 | |
| Total Liabilities | 216.42 | 277.04 | 204.40 | 189.34 | 95.94 | 79.23 | 67.06 | 77.45 | 84.73 | 90.26 |
| 26.45 | 30.26 | 26.83 | 23.74 | 20.67 | 18.60 | 15.57 | 4.91 | 4.60 | 5.23 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10.22 | 10.70 | 13.61 | 14.72 | 16.76 | 17.73 | 24.99 | 56.71 | 63.78 | 68.34 |
| 179.75 | 236.08 | 163.96 | 150.88 | 58.51 | 42.90 | 26.50 | 15.83 | 16.35 | 16.69 | |
| Total Assets | 216.42 | 277.04 | 204.40 | 189.34 | 95.94 | 79.23 | 67.06 | 77.45 | 84.73 | 90.26 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 17.20 | -38.81 | 63.13 | 18.60 | 70.58 | 12.67 | -0.10 | -3.44 | -3.19 | |
| -21.61 | 11.93 | -2.11 | -11.88 | -0.26 | 3.73 | 21.51 | 5.67 | 2.00 | |
| -0.75 | 28.14 | -62.77 | 3.72 | -80.48 | -16.99 | -20.26 | -2.27 | -0.26 | |
| Net Cash Flow | -5.16 | 1.27 | -1.75 | 10.44 | -10.16 | -0.59 | 1.14 | -0.04 | -1.45 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 61.13 | 82.79 | 51.78 | 63.67 | 43.87 | 113.71 | 171.90 | 87.82 | 130.78 |
| Inventory Days | 37.77 | 26.13 | 42.50 | 225.94 | 778.67 | ||||
| Days Payable | 24.93 | 24.36 | 18.75 | 8.76 | 655.26 | ||||
| Cash Conversion Cycle | 73.97 | 84.56 | 75.53 | 63.67 | 261.05 | 237.11 | 171.90 | 87.82 | 130.78 |
| Working Capital Days | 26.02 | 22.56 | 23.17 | -0.89 | -30.86 | 158.17 | 1,289.27 | 1,547.82 | 1,008.21 |
| ROCE % | 14.30% | 7.24% | -1.94% | -7.88% | -3.91% | -16.68% | -5.58% | -1.04% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Newspaper Publication of Unaudited Financial Results for the quarter and half year ended 30th September, 2025
- Financials For The Quarter And Half Year Ended 30Th September 2025 14 Nov
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Board Meeting Outcome for Outcome For The Board Meeting Held Today On 14Th November, 2025
14 Nov - Board approved unaudited standalone and consolidated Q2/H1 results; limited review qualified, Sept 30, 2025.
-
Board Meeting Intimation for For The Meeting To Be Held On Friday, 14Th November, 2025
11 Nov - Board meeting on 14 Nov 2025 to approve Q2/H1 (30 Sep 2025) unaudited results; trading window closed.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Reg 74(5) certificate confirming dematerialisation processing for quarter ended 30 Sep 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1][2]
HAIL is a part of the Associated Group. The business is carried out by its two companies viz. the flagship company, Hind Aluminium Industries Limited (HAIL), and Associated Aluminium
Industries Private Limited. The co. is engaged in the manufacturing
of Wire Rods & Conductors. It is also in the business of mining &
power generation.