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 ₹ 107,641 Cr.
- Current Price ₹ 479
- High / Low ₹ 636 / 309
- Stock P/E 21.4
- Book Value ₹ 257
- Dividend Yield 0.84 %
- ROCE 13.5 %
- ROE 10.4 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 39.7%
- Company's working capital requirements have reduced from 53.7 days to 38.2 days
Cons
- Company has a low return on equity of 4.50% over last 3 years.
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23,859 | 26,597 | 25,960 | 27,851 | 34,525 | 34,271 | 36,937 | 42,809 | 45,749 | 40,242 | 42,701 | 67,653 | 74,965 | |
20,705 | 23,492 | 23,807 | 25,372 | 31,103 | 30,916 | 32,125 | 37,685 | 41,503 | 36,578 | 38,607 | 56,455 | 64,597 | |
Operating Profit | 3,155 | 3,105 | 2,153 | 2,479 | 3,423 | 3,355 | 4,812 | 5,124 | 4,246 | 3,664 | 4,094 | 11,198 | 10,368 |
OPM % | 13% | 12% | 8% | 9% | 10% | 10% | 13% | 12% | 9% | 9% | 10% | 17% | 14% |
347 | 616 | 1,034 | 741 | 299 | 968 | 1,092 | 623 | 940 | 675 | 657 | 428 | 488 | |
Interest | 220 | 294 | 436 | 712 | 1,637 | 2,390 | 2,323 | 1,901 | 1,683 | 1,679 | 1,469 | 1,417 | 1,382 |
Depreciation | 687 | 690 | 704 | 823 | 837 | 1,282 | 1,428 | 1,617 | 1,693 | 1,708 | 1,708 | 1,752 | 1,786 |
Profit before tax | 2,595 | 2,737 | 2,047 | 1,685 | 1,247 | 651 | 2,153 | 2,229 | 1,810 | 952 | 1,574 | 8,457 | 7,688 |
Tax % | 18% | 18% | 17% | 16% | 26% | 15% | 28% | 36% | 33% | 35% | 37% | 35% | |
Net Profit | 2,137 | 2,237 | 1,699 | 1,413 | 925 | 552 | 1,557 | 1,436 | 1,205 | 620 | 993 | 5,507 | 4,985 |
EPS in Rs | 11.16 | 11.69 | 8.88 | 6.85 | 4.48 | 2.67 | 6.94 | 6.40 | 5.37 | 2.76 | 4.42 | 24.51 | 22.18 |
Dividend Payout % | 13% | 13% | 16% | 15% | 22% | 37% | 16% | 19% | 22% | 36% | 67% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 14% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 29% |
3 Years: | 82% |
TTM: | 49% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 34% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
191 | 191 | 191 | 206 | 207 | 205 | 223 | 223 | 222 | 222 | 222 | 222 | 222 | |
Reserves | 29,509 | 31,300 | 33,240 | 36,526 | 37,049 | 41,955 | 47,110 | 49,228 | 48,459 | 45,402 | 49,971 | 54,405 | 57,562 |
9,040 | 14,573 | 24,508 | 27,020 | 29,007 | 28,676 | 27,150 | 20,297 | 19,534 | 23,367 | 20,240 | 19,421 | 19,928 | |
7,796 | 9,583 | 8,680 | 10,018 | 9,739 | 9,604 | 12,153 | 12,981 | 13,287 | 11,067 | 17,514 | 25,009 | 16,397 | |
Total Liabilities | 46,536 | 55,648 | 66,619 | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 94,109 |
7,584 | 7,150 | 7,098 | 18,055 | 26,060 | 32,243 | 34,384 | 34,364 | 33,523 | 33,368 | 32,390 | 32,300 | 32,295 | |
CWIP | 6,030 | 16,257 | 23,605 | 17,277 | 10,744 | 3,079 | 712 | 737 | 982 | 1,282 | 1,709 | 1,581 | 1,968 |
Investments | 18,247 | 18,087 | 20,482 | 21,907 | 21,251 | 27,321 | 29,332 | 27,025 | 25,494 | 24,639 | 31,731 | 29,655 | 28,735 |
14,675 | 14,153 | 15,434 | 16,531 | 17,946 | 17,799 | 22,207 | 20,603 | 21,503 | 20,769 | 22,117 | 35,521 | 31,111 | |
Total Assets | 46,536 | 55,648 | 66,619 | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 94,109 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,257 | 2,122 | -352 | 2,031 | 1,029 | 3,641 | 5,898 | 4,414 | 3,171 | 2,786 | 5,564 | 5,208 | |
-2,164 | -6,367 | -8,242 | -3,403 | -318 | -1,050 | -1,229 | 2,287 | -811 | -2,244 | -3,486 | -1,937 | |
-0 | 4,734 | 8,086 | 1,601 | -842 | -2,931 | -584 | -9,188 | -2,657 | 1,181 | -4,306 | -869 | |
Net Cash Flow | 93 | 489 | -508 | 230 | -131 | -341 | 4,085 | -2,487 | -297 | 1,723 | -2,228 | 2,402 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 19 | 20 | 21 | 17 | 19 | 21 | 19 | 15 | 17 | 19 | 14 | 14 |
Inventory Days | 178 | 160 | 163 | 178 | 152 | 158 | 169 | 157 | 153 | 179 | 221 | 189 |
Days Payable | 95 | 96 | 64 | 87 | 63 | 74 | 89 | 81 | 77 | 64 | 121 | 99 |
Cash Conversion Cycle | 102 | 83 | 120 | 107 | 108 | 105 | 98 | 91 | 93 | 135 | 113 | 104 |
Working Capital Days | 70 | 63 | 87 | 77 | 85 | 92 | 7 | 55 | 64 | 75 | 48 | 38 |
ROCE % | 8% | 7% | 4% | 4% | 5% | 4% | 6% | 6% | 4% | 4% | 3% | 14% |
Documents
Announcements
- Board Meeting Intimation for Regulation 29 Of The Securities Exchange Board Of India (LODR) Regulations, 2015 ('Listing Regulations') 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Announcement under Regulation 30 (LODR)-Allotment
18 Jan - The Capital Raising Committee of the Board of the Company has today approved allotment of 70,000 - 7.60% p.a., Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Jan
-
Announcement under Regulation 30 (LODR)-Issue of Securities
11 Jan - Ref: Intimation dated November 11, 2022 w.r.t. Board approval for Borrowing of amount of upto Rs. 1000 Crore ISIN: INE038A01020 Dear Sir, Pursuant to the …
Annual reports
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Financial Year 2022
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Business Segments
Aluminum: The Co. ranks among the top global five aluminium producers based on shipments and is an integrated producer with a low-cost base and a strong presence across the value chain. [1]
Copper: The Co’s copper division operates one of the world's largest single-location customs copper smelters. Hindalco produces copper cathodes, and continuous cast copper rods in various sizes. [2]
Chemicals: The Co. is also engaged in the manufacturing of Calcined alumina (used in grinding media, wear-resistant ceramic components, etc.) and Alumina hydrates (used in the manufacture of water treatment chemicals like aluminium sulphate, zeolite, etc.) [3]