Hindalco Industries Ltd

Aluminium

NSE: HINDALCO Large Cap ISIN: INE038A01020
As on 08 November 2024 at 00:00
As on 08 November 2024 at 00:00
650.45
+2.35
(0.36%)
Over 1 Month
-9.89%
Over 6 Months
2.68%
Over 1 Year
33.28%
Over 3 Years
38.45%
Summary
Close 650.45
Open 654.75
High 660.45
Low 647
Volume 78,86,228
Net Turnover 5,16,48,23,666.20
52 Week High 772.65
52 Week Low 479.55
52Wk High / Low
479.55
772.65
Key Financial Data
Market Cap (in ₹ Cr) 1,46,170.20
EPS 20.22
Book Value (BV) 283.51
Div. Yield 0.53
P/E 32.15
Price/Book Value 2.29
Delivery % 31.25
Face Value 1
Key Ratios
P/E ratio 33.66
P/B ratio 1.95
EV to Sales 1.60
PEG Ratio 3.02
ROA 5.04
ROE 6.05
Debt-Equity 0.18
Net Profit Margin 4.45
Operating Profit Margin 9.91

Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Hindalco Industries Ltd ₹650.15 ₹1,46,102.78
Hindustan Zinc Ltd ₹506.25 ₹2,13,906.77
National Aluminium Company Ltd ₹238.70 ₹43,840.40
Hindustan Copper Ltd ₹281.10 ₹27,183.05
Gravita India Ltd ₹2,231.40 ₹15,405.12
Shivalik Bimetal Controls Ltd ₹616.20 ₹3,549.57

News

Hindalco Industries Ltd Slides 5.73%

Hindalco Industries Ltd has lost 7.59% over last one month compared to 3.62% fall in BSE Metal index and 1.66% drop in the SENSEX

07 Nov 2024

Hindalco Inds slumps after Novelis records 18% YoY fall in net income

Hindalco Industries tumbled 8.35% to Rs 649.10 after the company's subsidiary Novelis Inc. reported 18% drop in net income to $128 million in the second quarter of fiscal year 2025.

07 Nov 2024

Hindalco Industries Ltd Falls 4.79%

Hindalco Industries Ltd has lost 4.86% over last one month compared to 5.21% fall in BSE Metal index and 5.55% drop in the SENSEX

24 Oct 2024

Hindalco Industries Ltd gains for third straight session

Hindalco Industries Ltd is quoting at Rs 752.5, up 2.41% on the day as on 12:49 IST on the NSE. The stock is up 56.79% in last one year as compared to a 26.65% gain in NIFTY and a 43.44% gain in the Nifty Metal index.

18 Oct 2024

Hindalco Industries Ltd gains for third straight session

Hindalco Industries Ltd is quoting at Rs 746.05, up 2.18% on the day as on 12:49 IST on the NSE. The stock is up 54.02% in last one year as compared to a 26.07% jump in NIFTY and a 44.75% jump in the Nifty Metal index.

11 Oct 2024

Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue 83,909 77,464 68,188 43,351 40,981
Total Expenses 78,935 72,630 59,624 41,784 39,965
Profit Before Tax 4,995 4,875 8,457 1,574 952
Profit After Tax 3,697 3,326 5,507 993 620
Operating Profit after Depreciation 6,242 6,134 9,981 3,036 2,695

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets 33,190 32,115 32,300 32,504 33,432
Total Non Current Assets 66,432 61,862 60,190 59,739 55,785
Total Current Assets 30,604 35,060 38,867 28,208 24,273
TOTAL ASSETS 97,036 96,922 99,057 87,947 80,058
Total Shareholder's Fund 63,707 58,489 54,428 50,064 45,494

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities 8,112 4,836 5,208 5,564 2,786
Net Cash used in Investing Activities 312 -1,433 -1,937 -3,486 -2,244
Net Cash used in Financing Activities -8,036 -6,338 -869 -4,306 1,181

Corporate Actions

Hindalco Industries Ltd

₹3.5/Share

Announcement Date 09 Aug 2024
Record Date 09 Aug 2024
Div Yield 350%

About Hindalco Industries Ltd

Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. It is a leading integrated aluminium producer and copper manufacturer. Established in 1958, Hindalco has grown over many years to become a major player in the Metals and Mining sector.
The company is headquartered in Mumbai, Maharashtra. Hindalco operates across the entire aluminium and copper value chain. The company engages in bauxite mining and alumina refining. It also engages in coal mining and captive power plants. The services also include aluminium smelting. The company examines downstream processes such as rolling, extrusions, and foils.

Hindalco’s product portfolio includes a wide range of aluminium products. The prior ones were primary aluminium, flat-rolled extrusions, and foils. The company produces copper cathodes and continuous-cast copper rods. It also produces other copper products in the copper segment.

The Aditya Birla Group is led by Chairman Kumar Mangalam Birla. He is the primary promoter of Hindalco, with a 34.64% stake. Under his leadership, the company has expanded its global footprint. The growth is seen particularly through its subsidiary Novelis. This fact makes it one of Asia's largest producers of primary aluminium (excluding China). It also makes the company the world’s largest recycler of aluminium.

Hindalco’s registered office is located at Century Bhavan, 3rd Floor, Dr. Annie Besant Road, Worli, Mumbai2. The company’s registrar is KFin Technologies Limited, based in Hyderabad. Key management figures include Kumar Mangalam Birla, who is chairman. Satish Pai, who is the managing director of the company.
Here are the top managing promoters:
  • Kumar Mangalam Birla
  • Satish Pai
  • Praveen Kumar Maheshwari
  • Rajashree Birla
  • Askaran Agarwala

The Aditya Birla Group holds a significant stake. Hindalco continues to lead in innovation and sustainability within the metals industry.

History of the Company

Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. It has a rich history that dates back to the early years of independent India. It was founded in 1958 as Hindustan Aluminium Corporation Limited. The company was established by the visionary industrialist GD Birla. The aim was to contribute to India’s industrialization and self-reliance in the aluminium sector.

In 1962, Hindalco commenced production. Its first integrated aluminium facility is in Renukoot, Uttar Pradesh. This facility marked a significant milestone in India’s industrial journey. It produces 20,000 metric tons of aluminium and 40,000 metric tons of alumina annually. Hindalco set up a captive thermal power plant at Renu Sagar in 1967 to support its operations. This ensured a steady supply of power for its aluminium production.

The company underwent a major restructuring in 1989 when it was renamed Hindalco Industries Ltd. This period marked the beginning of its transformation into an integrated aluminium company. It was then under the dynamic leadership of Aditya Vikram Birla. Hindalco expanded its operations and established itself as a leader in the aluminium industry.

In the 1990s, Hindalco diversified into the copper sector by acquiring Birla Copper. This company operates one of the world’s largest single-location custom copper smelters. This strategic move allowed Hindalco to become a significant player in the non-ferrous metals industry.
A landmark moment in Hindalco’s history came in 2007. It was noted with the acquisition of Novelis Inc., the world’s largest aluminium rolling company. This acquisition expanded Hindalco’s global footprint. It also positioned itself as a leading player in the global aluminium industry. Novelis, headquartered in Atlanta, Georgia, operates as an independent subsidiary. It is a major recycler of aluminium cans.

Several key milestones have marked Hindalco’s growth. The company has continuously expanded its production capacities and diversified its product portfolio. It operates captive mines in Jharkhand, Chhattisgarh, Maharashtra, and Odisha. This ensures a steady supply of raw materials for its operations. Hindalco’s aluminium smelters are located in Madhya Pradesh, Uttar Pradesh, and Odisha. They are supported by captive power plants, ensuring energy security.

In addition to its aluminium operations, Hindalco’s copper division has grown significantly. The company’s copper smelter in Dahej, Gujarat, is one of the largest in the world producing high-quality copper cathodes and continuous-cast copper rods. Hindalco has also secured copper reserves in Australia. This further strengthened its position in the global copper market.

Hindalco’s devotion to sustainability and innovation has been a driving force behind its success. The company has implemented several initiatives to reduce its environmental footprint. One initiative is the use of renewable energy sources. The other is the development of energy-efficient technologies. Hindalco’s focus on sustainability has earned it credit as one of India’s best employers among nation-builders.

The company’s leadership has played a crucial role in its growth and success. Kumar Mangalam Birla, the current Chairman, has continued the legacy of his predecessors. He has done this by driving Hindalco’s expansion in the aluminium and copper sectors. Under his guidance, Hindalco has become a global powerhouse in the non-ferrous metals industry.

Hindalco’s journey started as a single aluminium facility in Renukoot. It has now transformed into a global non-ferrous metals powerhouse. This is a testament to its commitment to innovation, sustainability, and excellence. It remains dedicated to contributing to India’s industrial development and global competitiveness.

FAQ’s

What is the share price of Hindalco Industries Ltd today?
Hindalco Industries Ltd share price as on 10 Nov 2024 is ₹650.45
What is the Market Cap of Hindalco Industries Ltd?
The market cap of Hindalco Industries Ltd stock is ₹1,46,170.20 Cr.
What is the PE Ratio of Hindalco Industries Ltd?
The Price to Earnings (P/E) Ratio of Hindalco Industries Ltd is 33.66
What is the PB Ratio of Hindalco Industries Ltd?
The Price to Book (P/B) Ratio of Hindalco Industries Ltd is 1.95
What is the 52 week high of Hindalco Industries Ltd?
The 52 week high of Hindalco Industries Ltd is ₹772.65
What is the 52 week low of Hindalco Industries Ltd?
The 52 week low of Hindalco Industries Ltd is ₹479.55

Get started with us today and
start building your wealth journey