Hindalco Industries Ltd
HINDALCOHindalco Industries Ltd
HINDALCO
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is overpriced and in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 15.84 | 1.61 | 0.46% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 33.59 | 3.83 | 1.11% |
Forecast & Ratings
Detailed Forecast from 23 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Hindalco Industries Limited is a aluminum rolling company. The Company is a producer of aluminum and copper.
Peers
Compare with peersÂNational Aluminium Co Ltd
Maan Aluminium Ltd
MMP Industries Ltd
Arfin India Ltd
Euro Panel Products Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,00,119.26 | 1,01,438.40 | 1,18,447.99 | 1,31,669.00 | 1,19,359.00 | 1,33,339.00 | 1,97,042.00 | 2,24,509.00 | 2,17,523.00 | 2,21,549.00 | ||||||||||
Raw Materials | 58,269.19 | 58,486.74 | 70,876.04 | 78,301.00 | 68,286.00 | 78,582.00 | 1,27,293.00 | 1,37,529.00 | 1,32,526.00 | 1,94,654.00 | ||||||||||
| Power & Fuel Cost | 9,221.66 | 8,523.07 | 8,614.11 | 9,618.00 | 9,696.00 | 8,667.00 | 11,146.00 | 17,346.00 | 14,476.00 | |||||||||||
| Employee Cost | 8,109.65 | 8,557.55 | 8,658.24 | 9,077.00 | 8,884.00 | 10,919.00 | 11,996.00 | 12,753.00 | 14,547.00 | |||||||||||
| Selling & Administrative Expenses | 4,192.91 | 4,383.42 | 4,561.81 | 5,675.00 | 5,293.00 | 6,029.00 | 8,292.00 | 9,932.00 | 9,364.00 | |||||||||||
| Operating & Other expenses | 11,048.32 | 7,973.05 | 9,163.78 | 12,360.00 | 11,988.00 | 12,570.00 | 8,715.00 | 22,976.00 | 21,219.00 | |||||||||||
EBITDA | 9,277.53 | 13,514.57 | 16,574.01 | 16,638.00 | 15,212.00 | 16,572.00 | 29,600.00 | 23,973.00 | 25,391.00 | 26,895.00 | ||||||||||
| Depreciation/Amortization | 4,346.80 | 4,457.24 | 4,506.24 | 4,777.00 | 5,091.00 | 6,628.00 | 6,729.00 | 7,086.00 | 7,521.00 | 7,627.00 | ||||||||||
| PBIT | 4,930.73 | 9,057.33 | 12,067.77 | 11,861.00 | 10,121.00 | 9,944.00 | 22,871.00 | 16,887.00 | 17,870.00 | 19,268.00 | ||||||||||
| Interest & Other Items | 5,133.80 | 5,742.44 | 3,910.73 | 3,778.00 | 4,197.00 | 3,738.00 | 3,768.00 | 3,646.00 | 3,858.00 | 3,725.00 | ||||||||||
| PBT | -203.07 | 3,314.89 | 8,157.04 | 8,083.00 | 5,924.00 | 6,206.00 | 19,103.00 | 13,241.00 | 14,012.00 | 15,543.00 | ||||||||||
| Taxes & Other Items | 47.67 | 1,415.15 | 2,074.12 | 2,587.00 | 2,157.00 | 2,723.00 | 5,373.00 | 3,144.00 | 3,857.00 | 4,768.00 | ||||||||||
| Net Income | -250.74 | 1,899.74 | 6,082.92 | 5,496.00 | 3,767.00 | 3,483.00 | 13,730.00 | 10,097.00 | 10,155.00 | 10,775.00 | ||||||||||
| EPS | -1.22 | 8.89 | 27.30 | 24.69 | 16.94 | 15.66 | 61.74 | 45.16 | 45.18 | 47.94 | ||||||||||
| DPS | 1.00 | 1.10 | 1.20 | 1.20 | 1.00 | 3.00 | 4.00 | 3.00 | 3.50 | 3.00 | ||||||||||
| Payout ratio | — | 0.12 | 0.04 | 0.05 | 0.06 | 0.19 | 0.06 | 0.07 | 0.08 | 0.06 |
Company Updates
Peers & Comparison
MaterialsMetals - Aluminium
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Hindalco Industries Ltd | 16.81 | 1.61 | 0.46% |
| National Aluminium Co Ltd | 20.71 | 2.86 | 2.23% |
| Maan Aluminium Ltd | 29.74 | 5.97 | — |
| MMP Industries Ltd | 29.87 | 3.27 | — |
Price Comparison
Compare HINDALCO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Hindalco Industries Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Equity Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0273% | Percentage of the fund’s portfolio invested in the stock 2.39% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/90 (-2) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4262% | Percentage of the fund’s portfolio invested in the stock 1.13% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/82 (-1) |
SBI Blue Chip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4102% | Percentage of the fund’s portfolio invested in the stock 1.36% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/60 (+1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Hindalco Industries Ltd
Events
Dividend Trend
No Trend In Dividends
HINDALCO has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.46%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.61 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 9, 2024
Dividend/Share
₹3.50
Ex DateEx Date
Aug 9, 2024
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹4.00
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateAug 12, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Aug 12, 2021
Cash Dividend
Ex DateEx DateSep 3, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Sep 3, 2020
Hindalco Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 761.65, up 1.94% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.09% on the day, quoting at 25894.4. The Sensex is at 84616.24, down 1.12%. Hindalco Industries Ltd has added around 11.37% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has added around 10.09% in last one month and is currently quoting at 10064.6, up 1.8% on the day. The volume in the stock stood at 42.13 lakh shares today, compared to the daily average of 65.18 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 765.3, up 1.59% on the day. Hindalco Industries Ltd is up 58.69% in last one year as compared to a 32.6% gain in NIFTY and a 50.72% gain in the Nifty Metal index.The PE of the stock is 36.96 based on TTM earnings ending June 24.Powered by Capital Market - Live
Hindalco Industries will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live
Hindalco Industries Ltd is up for a third straight session today. The stock is quoting at Rs 730.3, up 1.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 26102.85. The Sensex is at 85511.38, up 0.4%. Hindalco Industries Ltd has gained around 3.81% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 4.98% in last one month and is currently quoting at 9777.15, up 1.28% on the day. The volume in the stock stood at 46.96 lakh shares today, compared to the daily average of 59.11 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 728.85, up 1.67% on the day. Hindalco Industries Ltd is up 53.76% in last one year as compared to a 32.39% jump in NIFTY and a 46.11% jump in the Nifty Metal index.The PE of the stock is 35.51 based on TTM earnings ending June 24.Powered by Capital Market - Live
Hindalco Industries announced the cessation of Kailash Nath Bhandari [DIN: 00026078] as an Independent Director of the company with effect from 29 August 2024. Powered by Capital Market - Live
Hindalco Industries announced the retirement of Askaran Agarwala as a Director of the company effective 22 August 2024.Powered by Capital Market - Live
Hindalco Industries Ltd is up for a fifth straight session today. The stock is quoting at Rs 694.95, up 3.28% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24726.7. The Sensex is at 80745.92, down 0.07%. Hindalco Industries Ltd has gained around 3.37% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 0.44% in last one month and is currently quoting at 9204.65, up 1.14% on the day. The volume in the stock stood at 47.59 lakh shares today, compared to the daily average of 68.11 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 692.65, up 2.97% on the day. Hindalco Industries Ltd is up 54.31% in last one year as compared to a 27.48% jump in NIFTY and a 40.32% jump in the Nifty Metal index.The PE of the stock is 33.26 based on TTM earnings ending June 24.Powered by Capital Market - Live
Hindalco Industries Ltd rose for a third straight session today. The stock is quoting at Rs 654.7, up 3.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 24574.45. The Sensex is at 80465.57, up 0.04%. Hindalco Industries Ltd has dropped around 2.62% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has dropped around 2.68% in last one month and is currently quoting at 8994.1, up 1.18% on the day. The volume in the stock stood at 53.83 lakh shares today, compared to the daily average of 64.86 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 655, up 2.96% on the day. Hindalco Industries Ltd is up 45.68% in last one year as compared to a 26.71% gain in NIFTY and a 38.33% gain in the Nifty Metal index.The PE of the stock is 31.36 based on TTM earnings ending June 24.Powered by Capital Market - Live
The growth in net profit was supported by favourable macros, operational efficiencies and lower input costs. Revenue from operations rose 7.59% year on year (YoY) to Rs 57,013 crore in the quarter ended 30 June 2024. Profit before exceptional item and tax stood at Rs 5,178 crore in the June 2024 quarter, up 55.54% YoY. The firm reported an exceptional loss of Rs 330 crore during the quarter as against exceptional loss of Rs 12 crore posted in Q1 FY24. EBTIDA grew by 30.82% YoY to Rs 7,992 crore in the quarter ended 30 June 2024, driven by lower input costs and higher volumes. Novelis' revenue stood at $4.2 billion in Q1 FY25, up 2% YoY, driven by higher average aluminium prices YoY and higher shipments. Novelis reported an adjusted EBITDA of $500 million in June 2024 quarter, up 19% YoY, supported by higher shipments and favourable product pricing. The firm's adjusted EBITDA per ton, at $540, was up 25% YoY. Novelis' total shipments of flat rolled products were at 951 KT in Q1 FY25 vs 879 KT in Q1 FY24, up 8% YoY, supported by normalised demand for beverage packaging sheet. Aluminium upstream revenue was at Rs 8,839 crore in Q1 FY25, up 9.61% from Rs 8,064 crore in Q1 FY24. Downstream revenue was Rs 2,868 crore in June 2024 quarter, up 17.78% YoY. Sales of Downstream Aluminium stood at 96 KT as compared to 81 KT in Q1 FY24, up 18.52% YoY. Revenue from the copper business stood at Rs 13,292 crore, up 16% YoY, on account of higher shipments and realisation. Copper metal sales were 119 Kt in Q1 FY25 as compared to 118 Kt posted in Q1 FY24. Copper continuous cast rod (CCR) sales were at 100 Kt in the first quarter of FY25; up 2% YoY in line with growing market demand for value added products. Satish Pai, managing director, Hindalco Industries said, 'Our strong Q1 results ride on the back of consistent operational excellence and cost optimization which allowed us to leverage the higher average metal prices. The Copper business achieved its highest quarterly EBITDA driven by high domestic sales (especially downstream products), healthy by-product credits and better operational efficiencies following a successful planned shutdown. The Aluminium India Upstream business recorded an 81% growth in EBITDA over the previous year. At 40%, it has registered the highest EBITDA margins globally. Novelis' EBITDA per tonne at $525, was up 10% YoY, primarily due to increased volumes led by normalized beverage can shipments. Looking ahead, the major capital formation phase of the downstream business is near completion, and from here on, we will explore growth opportunities in the upstream business given our strong cash position.' Hindalco Industries, the metals flagship of the Aditya Birla Group, is the world's largest aluminium rolling and recycling company, a major copper player, and one of Asia's largest producers of primary aluminium. In India, Hindalco's aluminium manufacturing units cover the complete value chain, from bauxite mining, alumina refining, coal mining, captive power generation and aluminium smelting, to downstream value-addition of aluminium rolling, extruding, and foil making. Shares of Hindalco Industries shed 1.33% to close at Rs 621.15 on the BSE. Powered by Capital Market - Live
The Board of Hindalco Industries at its meeting held today, inducted Ananya Birla and Aryaman Vikram Birla as Directors. Ananya Birla and Aryaman Vikram Birla joined the boards of the Group's flagship companies, Grasim Industries and Aditya Birla Fashion and Retail, in 2023. They were also appointed as Directors on the board of Aditya Birla Management Corporation, the apex body responsible for providing strategic direction to the Aditya Birla Group's businesses. Powered by Capital Market - Live
Net profit of Hindalco Industries rose 25.26% to Rs 3074.00 crore in the quarter ended June 2024 as against Rs 2454.00 crore during the previous quarter ended June 2023. Sales rose 7.59% to Rs 57013.00 crore in the quarter ended June 2024 as against Rs 52991.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales57013.0052991.00 8 OPM %13.1610.78 - PBDT7070.005115.00 38 PBT5178.003329.00 56 NP3074.002454.00 25 Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.56%, vs industry avg of 9.99%
Increasing Market Share
Over the last 5 years, market share increased from 90.05% to 92.42%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 13.06%, vs industry avg of 9.51%