Hindalco Industries Ltd
Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is also
engaged in the manufacturing of aluminium sheet, extrusion and light gauge products for use in packaging markets like beverage and food, can and foil products, etc. [1]
- Market Cap ₹ 1,49,002 Cr.
- Current Price ₹ 663
- High / Low ₹ 773 / 546
- Stock P/E 23.3
- Book Value ₹ 312
- Dividend Yield 0.53 %
- ROCE 13.4 %
- ROE 9.54 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 19.5%
Cons
- Company has a low return on equity of 7.27% over last 3 years.
- Working capital days have increased from 48.5 days to 73.6 days
* 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
Sector: Non Ferrous Metals Industry: Aluminium and Aluminium Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27,851 | 34,525 | 34,271 | 36,937 | 42,809 | 45,749 | 40,242 | 42,701 | 67,653 | 76,878 | 83,009 | 93,309 | |
25,372 | 31,103 | 30,916 | 32,125 | 37,685 | 41,503 | 36,578 | 38,607 | 56,455 | 69,456 | 75,706 | 82,148 | |
Operating Profit | 2,479 | 3,423 | 3,355 | 4,812 | 5,124 | 4,246 | 3,664 | 4,094 | 11,198 | 7,422 | 7,303 | 11,161 |
OPM % | 9% | 10% | 10% | 13% | 12% | 9% | 9% | 10% | 17% | 10% | 9% | 12% |
741 | 299 | 968 | 1,092 | 623 | 940 | 675 | 657 | 428 | 627 | 921 | 1,329 | |
Interest | 712 | 1,637 | 2,390 | 2,323 | 1,901 | 1,683 | 1,679 | 1,469 | 1,417 | 1,300 | 1,268 | 939 |
Depreciation | 823 | 837 | 1,282 | 1,428 | 1,617 | 1,693 | 1,708 | 1,708 | 1,752 | 1,874 | 1,961 | 2,029 |
Profit before tax | 1,685 | 1,247 | 651 | 2,153 | 2,229 | 1,810 | 952 | 1,574 | 8,457 | 4,875 | 4,995 | 9,522 |
Tax % | 16% | 26% | 15% | 28% | 36% | 33% | 35% | 37% | 35% | 32% | 26% | 33% |
1,413 | 925 | 552 | 1,557 | 1,436 | 1,205 | 620 | 993 | 5,507 | 3,326 | 3,697 | 6,387 | |
EPS in Rs | 6.85 | 4.48 | 2.67 | 6.94 | 6.40 | 5.37 | 2.76 | 4.42 | 24.51 | 14.80 | 16.45 | 28.42 |
Dividend Payout % | 15% | 22% | 37% | 16% | 19% | 22% | 36% | 67% | 16% | 20% | 21% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 18% |
3 Years: | 11% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 60% |
3 Years: | 5% |
TTM: | 73% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 40% |
3 Years: | 16% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 206 | 207 | 207 | 223 | 223 | 222 | 222 | 222 | 222 | 222 | 222 | 222 |
Reserves | 36,526 | 37,049 | 41,955 | 47,110 | 49,228 | 48,336 | 45,272 | 49,842 | 54,206 | 58,267 | 63,485 | 69,984 |
27,020 | 29,007 | 28,676 | 27,150 | 20,297 | 19,534 | 23,367 | 20,240 | 19,421 | 13,071 | 8,376 | 13,616 | |
10,018 | 9,739 | 9,604 | 12,153 | 12,981 | 13,410 | 11,197 | 17,643 | 25,208 | 25,362 | 24,953 | 25,105 | |
Total Liabilities | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 108,927 |
18,055 | 26,060 | 32,243 | 34,384 | 34,364 | 33,523 | 33,368 | 32,390 | 32,300 | 32,103 | 33,214 | 34,113 | |
CWIP | 17,277 | 10,744 | 3,079 | 712 | 737 | 982 | 1,282 | 1,709 | 1,581 | 2,987 | 4,040 | 7,598 |
Investments | 21,907 | 21,251 | 27,321 | 29,332 | 27,025 | 25,494 | 24,639 | 31,731 | 29,655 | 29,766 | 29,735 | 33,991 |
16,531 | 17,946 | 17,799 | 22,207 | 20,603 | 21,503 | 20,769 | 22,117 | 35,521 | 32,066 | 30,047 | 33,225 | |
Total Assets | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 108,927 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,031 | 1,029 | 3,641 | 5,898 | 4,414 | 3,171 | 2,786 | 5,564 | 5,208 | 4,836 | 8,112 | 8,890 | |
-3,403 | -318 | -1,050 | -1,229 | 2,287 | -811 | -2,244 | -3,486 | -1,937 | -1,433 | 312 | -7,432 | |
1,601 | -842 | -2,931 | -584 | -9,188 | -2,657 | 1,181 | -4,306 | -869 | -6,338 | -8,036 | -1,401 | |
Net Cash Flow | 230 | -131 | -341 | 4,085 | -2,487 | -297 | 1,723 | -2,228 | 2,402 | -2,935 | 388 | 57 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17 | 19 | 21 | 19 | 15 | 17 | 19 | 14 | 14 | 12 | 11 | 12 |
Inventory Days | 178 | 152 | 158 | 169 | 157 | 153 | 179 | 219 | 189 | 152 | 126 | 131 |
Days Payable | 87 | 63 | 74 | 89 | 81 | 77 | 64 | 121 | 99 | 73 | 59 | 61 |
Cash Conversion Cycle | 107 | 108 | 105 | 98 | 91 | 93 | 135 | 112 | 104 | 91 | 77 | 82 |
Working Capital Days | 77 | 85 | 92 | 7 | 55 | 64 | 75 | 44 | 38 | 38 | 34 | 74 |
ROCE % | 4% | 5% | 4% | 6% | 6% | 4% | 4% | 3% | 14% | 8% | 9% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17m - Copies of Newspaper publications regarding financial results of quarter and financial year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24h - Audio recording of Q4 and FY 2025 earnings call now available on Hindalco website.
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Appointment Of Secretarial Auditor Of The Company
1d - Appointment of M/s. Dilip Bharadiya & Associates as secretarial auditor for five years from FY 2025-26.
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Announcement under Regulation 30 (LODR)-Acquisition
1d - Hindalco to acquire 100% stake in EMIL Mines holding Bandha coal block with 197MT reserves for fuel security.
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
Annual reports
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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 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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Business Segments
1) Novelis (59% in 9M FY25 vs 65% in FY22): [1] [2] The subsidiary, Novelis is the leading producer of flat-rolled aluminum products and the world’s largest recycler of aluminum. It offers solutions to diverse industries, including beverage cans, automobiles, aerospace, and specialty markets such as foil packaging, transportation products, etc. The segment reported a total shipment of 2,800 KT in 9M FY25 vs 2,722 KT in 9M FY24. [3] [4]