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 ₹ 1,46,541 Cr.
- Current Price ₹ 652
- High / Low ₹ 773 / 496
- Stock P/E 26.1
- Book Value ₹ 303
- Dividend Yield 0.54 %
- ROCE 8.73 %
- ROE 6.06 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 32.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 19.1%
Cons
- Company has a low return on equity of 7.43% 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
Part of Nifty 50 BSE 500 BSE 100 BSE 200 BSE Dollex 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25,960 | 27,851 | 34,525 | 34,271 | 36,937 | 42,809 | 45,749 | 40,242 | 42,701 | 67,653 | 76,878 | 83,009 | 86,846 | |
23,807 | 25,372 | 31,103 | 30,916 | 32,125 | 37,685 | 41,503 | 36,578 | 38,607 | 56,455 | 69,456 | 75,706 | 77,165 | |
Operating Profit | 2,153 | 2,479 | 3,423 | 3,355 | 4,812 | 5,124 | 4,246 | 3,664 | 4,094 | 11,198 | 7,422 | 7,303 | 9,681 |
OPM % | 8% | 9% | 10% | 10% | 13% | 12% | 9% | 9% | 10% | 17% | 10% | 9% | 11% |
1,034 | 741 | 299 | 968 | 1,092 | 623 | 940 | 675 | 657 | 428 | 627 | 921 | 1,292 | |
Interest | 436 | 712 | 1,637 | 2,390 | 2,323 | 1,901 | 1,683 | 1,679 | 1,469 | 1,417 | 1,300 | 1,268 | 1,056 |
Depreciation | 704 | 823 | 837 | 1,282 | 1,428 | 1,617 | 1,693 | 1,708 | 1,708 | 1,752 | 1,874 | 1,961 | 1,981 |
Profit before tax | 2,047 | 1,685 | 1,247 | 651 | 2,153 | 2,229 | 1,810 | 952 | 1,574 | 8,457 | 4,875 | 4,995 | 7,936 |
Tax % | 17% | 16% | 26% | 15% | 28% | 36% | 33% | 35% | 37% | 35% | 32% | 26% | |
1,699 | 1,413 | 925 | 552 | 1,557 | 1,436 | 1,205 | 620 | 993 | 5,507 | 3,326 | 3,697 | 5,612 | |
EPS in Rs | 8.88 | 6.85 | 4.48 | 2.67 | 6.94 | 6.40 | 5.37 | 2.76 | 4.42 | 24.51 | 14.80 | 16.45 | 24.97 |
Dividend Payout % | 16% | 15% | 22% | 37% | 16% | 19% | 22% | 36% | 67% | 16% | 20% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 25% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 33% |
3 Years: | 84% |
TTM: | 103% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 27% |
3 Years: | 13% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 191 | 206 | 207 | 207 | 223 | 223 | 222 | 222 | 222 | 222 | 222 | 222 | 222 |
Reserves | 33,240 | 36,526 | 37,049 | 41,955 | 47,110 | 49,228 | 48,336 | 45,272 | 49,842 | 54,206 | 58,267 | 63,485 | 67,871 |
24,508 | 27,020 | 29,007 | 28,676 | 27,150 | 20,297 | 19,534 | 23,367 | 20,240 | 19,421 | 13,071 | 8,376 | 15,478 | |
8,680 | 10,018 | 9,739 | 9,604 | 12,153 | 12,981 | 13,410 | 11,197 | 17,643 | 25,208 | 25,362 | 24,953 | 23,546 | |
Total Liabilities | 66,619 | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 107,117 |
7,098 | 18,055 | 26,060 | 32,243 | 34,384 | 34,364 | 33,523 | 33,368 | 32,390 | 32,300 | 32,103 | 33,214 | 32,923 | |
CWIP | 23,605 | 17,277 | 10,744 | 3,079 | 712 | 737 | 982 | 1,282 | 1,709 | 1,581 | 2,987 | 4,040 | 6,430 |
Investments | 20,482 | 21,907 | 21,251 | 27,321 | 29,332 | 27,025 | 25,494 | 24,639 | 31,731 | 29,655 | 29,766 | 29,735 | 33,817 |
15,434 | 16,531 | 17,946 | 17,799 | 22,207 | 20,603 | 21,503 | 20,769 | 22,117 | 35,521 | 32,066 | 30,047 | 33,947 | |
Total Assets | 66,619 | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 107,117 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-352 | 2,031 | 1,029 | 3,641 | 5,898 | 4,414 | 3,171 | 2,786 | 5,564 | 5,208 | 4,836 | 8,112 | |
-8,242 | -3,403 | -318 | -1,050 | -1,229 | 2,287 | -811 | -2,244 | -3,486 | -1,937 | -1,433 | 312 | |
8,086 | 1,601 | -842 | -2,931 | -584 | -9,188 | -2,657 | 1,181 | -4,306 | -869 | -6,338 | -8,036 | |
Net Cash Flow | -508 | 230 | -131 | -341 | 4,085 | -2,487 | -297 | 1,723 | -2,228 | 2,402 | -2,935 | 388 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 17 | 19 | 21 | 19 | 15 | 17 | 19 | 14 | 14 | 12 | 11 |
Inventory Days | 163 | 178 | 152 | 158 | 169 | 157 | 153 | 179 | 219 | 189 | 152 | 126 |
Days Payable | 64 | 87 | 63 | 74 | 89 | 81 | 77 | 64 | 121 | 99 | 73 | 59 |
Cash Conversion Cycle | 120 | 107 | 108 | 105 | 98 | 91 | 93 | 135 | 112 | 104 | 91 | 77 |
Working Capital Days | 87 | 77 | 85 | 92 | 7 | 55 | 64 | 75 | 44 | 38 | 38 | 34 |
ROCE % | 4% | 4% | 5% | 4% | 6% | 6% | 4% | 4% | 3% | 14% | 8% | 9% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Nov
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
19 Nov - Intimation of lost share certificates for Hindalco.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Transcript of Q2 FY'25 earnings conference call.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
18 Nov - Intimation of lost share certificates for Hindalco.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Nov
Annual reports
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Financial Year 2024
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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
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]