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 ₹ 64.1 Cr.
- Current Price ₹ 102
- High / Low ₹ 163 / 57.2
- Stock P/E 7.37
- 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 0.72 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: | 3% |
| 5 Years: | 21% |
| 3 Years: | 39% |
| 1 Year: | 53% |
| 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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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
5m - Postal ballot to approve acquisition of Nirav Commercials’ Elesar Focchi aluminium business for up to Rs.1.25 Crore.
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Pursuant To Regulation 30 Of The SEBI(LODR) Regulations, 2015 Intimation For Approval Of Shareholders Is Sought For Acquisition Of Undertaking From Nirav Commercials Limited Which Is In The Nature Of A Material Related Party Transaction
9m - Hind Aluminium to acquire Nirav Commercials' 'Elesar Focchi' aluminium business for Rs 1.25 Crore; completion by Mar 31, 2026.
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Board Meeting Outcome for For The Meeting Held Today On Wednesday, 4Th February, 2026
4h - Board approved BTA to acquire Nirav Commercials' Elesar Focchi aluminium business for Rs1.25 crore; postal ballot by Mar 31, 2026.
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Board Meeting Intimation for For The Meeting To Be Held On Wednesday, 4Th February, 2026
30 Jan - Board meeting on 4 Feb 2026 to consider acquiring part of Nirav Commercials' aluminium business.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - In accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith the confirmation certificate received from M/s Bigshare Services …
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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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
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
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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.