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 ₹ 1,48,238 Cr.
- Current Price ₹ 660
- High / Low ₹ 773 / 546
- Stock P/E 8.90
- Book Value ₹ 550
- Dividend Yield 0.53 %
- ROCE 15.2 %
- ROE 14.5 %
- Face Value ₹ 1.00
Pros
Cons
- Company has a low return on equity of 12.2% over last 3 years.
- Dividend payout has been low at 7.06% of profits 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
87,695 | 104,281 | 98,759 | 100,184 | 115,183 | 130,542 | 118,144 | 132,008 | 195,059 | 223,202 | 215,962 | 238,496 | |
79,671 | 95,437 | 90,981 | 87,867 | 101,488 | 115,031 | 103,838 | 114,449 | 166,712 | 200,536 | 192,090 | 206,691 | |
Operating Profit | 8,024 | 8,844 | 7,778 | 12,317 | 13,695 | 15,511 | 14,306 | 17,559 | 28,347 | 22,666 | 23,872 | 31,805 |
OPM % | 9% | 8% | 8% | 12% | 12% | 12% | 12% | 13% | 15% | 10% | 11% | 13% |
677 | -832 | 1,500 | 1,198 | 2,879 | 1,127 | 906 | -987 | 1,253 | 1,307 | 1,519 | 1,832 | |
Interest | 2,702 | 4,178 | 5,134 | 5,742 | 3,911 | 3,778 | 4,197 | 3,738 | 3,768 | 3,646 | 3,858 | 3,419 |
Depreciation | 3,347 | 3,493 | 4,347 | 4,457 | 4,506 | 4,777 | 5,091 | 6,628 | 6,729 | 7,086 | 7,521 | 7,881 |
Profit before tax | 2,653 | 340 | -203 | 3,315 | 8,157 | 8,083 | 5,924 | 6,206 | 19,103 | 13,241 | 14,012 | 22,337 |
Tax % | 20% | 75% | 245% | 43% | 25% | 32% | 36% | 44% | 28% | 24% | 28% | 28% |
2,195 | 259 | -702 | 1,882 | 6,083 | 5,495 | 3,767 | 3,483 | 13,730 | 10,097 | 10,155 | 16,002 | |
EPS in Rs | 10.53 | 4.14 | -1.21 | 8.47 | 27.10 | 24.48 | 16.77 | 15.50 | 61.10 | 44.93 | 45.19 | 71.20 |
Dividend Payout % | 9% | 24% | -82% | 13% | 4% | 5% | 6% | 19% | 6% | 7% | 8% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 7% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 36% |
5 Years: | 34% |
3 Years: | 8% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 40% |
3 Years: | 16% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 40,398 | 38,122 | 40,402 | 45,836 | 54,629 | 57,279 | 58,095 | 66,311 | 77,969 | 94,584 | 105,924 | 123,487 |
64,756 | 68,468 | 67,552 | 63,817 | 52,074 | 52,415 | 68,399 | 67,206 | 64,486 | 60,291 | 56,356 | 63,929 | |
32,621 | 34,950 | 32,986 | 36,268 | 40,088 | 42,056 | 41,902 | 55,083 | 79,178 | 68,392 | 68,221 | 78,353 | |
Total Liabilities | 137,982 | 141,746 | 141,146 | 146,144 | 147,014 | 151,972 | 168,618 | 188,822 | 221,855 | 223,489 | 230,723 | 265,991 |
61,163 | 71,959 | 85,648 | 84,687 | 85,088 | 85,860 | 89,195 | 100,269 | 106,874 | 110,626 | 111,810 | 116,930 | |
CWIP | 23,059 | 14,111 | 4,214 | 1,814 | 2,063 | 4,097 | 7,721 | 10,202 | 4,945 | 7,700 | 14,867 | 27,023 |
Investments | 12,961 | 12,346 | 12,463 | 15,157 | 10,781 | 9,012 | 9,411 | 17,133 | 14,119 | 14,116 | 15,444 | 24,158 |
40,798 | 43,330 | 38,821 | 44,486 | 49,081 | 53,003 | 62,291 | 61,218 | 95,917 | 91,047 | 88,602 | 97,880 | |
Total Assets | 137,982 | 141,746 | 141,146 | 146,144 | 147,014 | 151,972 | 168,618 | 188,822 | 221,855 | 223,489 | 230,723 | 265,991 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7,956 | 7,143 | 11,688 | 12,687 | 10,898 | 11,977 | 12,745 | 17,232 | 16,838 | 19,208 | 24,056 | 24,410 | |
-8,095 | -3,873 | -3,220 | -2,876 | 5,333 | -5,456 | -7,227 | -25,280 | -6,773 | -7,559 | -14,267 | -24,739 | |
1,493 | -2,437 | -8,862 | -5,552 | -16,412 | -5,466 | 6,656 | -4,882 | -6,765 | -10,450 | -10,817 | -1,816 | |
Net Cash Flow | 1,353 | 833 | -394 | 4,259 | -181 | 1,055 | 12,174 | -12,930 | 3,300 | 1,199 | -1,028 | -2,145 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 38 | 32 | 29 | 30 | 32 | 32 | 29 | 36 | 39 | 27 | 28 | 30 |
Inventory Days | 114 | 104 | 103 | 120 | 115 | 103 | 120 | 146 | 138 | 111 | 111 | 123 |
Days Payable | 89 | 87 | 92 | 115 | 108 | 96 | 98 | 135 | 128 | 93 | 94 | 102 |
Cash Conversion Cycle | 64 | 49 | 40 | 36 | 38 | 39 | 51 | 47 | 49 | 45 | 45 | 51 |
Working Capital Days | 44 | 34 | 37 | 7 | 27 | 30 | 32 | 23 | 19 | 25 | 22 | 48 |
ROCE % | 5% | 6% | 4% | 8% | 10% | 11% | 9% | 9% | 17% | 11% | 11% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7h - 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
12h - 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
12h - 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 12h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12h - Hindalco reports record FY25 revenue ₹2.38L Cr, PAT ₹16,002 Cr up 58%, dividend ₹5/share, strong growth and expansions.
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 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
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Financial Year 2011
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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]