Hindalco Industries Limited

Hindalco Industries Limited

HINDALCO.BO
Hindalco Industries LimitedIN flagBombay Stock Exchange
971.20
INR
+1.60
- -
2.17TMarket Cap
Hindalco Industries Limited
HINDALCO.BO
(Bombay Stock Exchange)

Recent

price

971.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
375.18
419.92
416.31
437.47
501.44
479.03
483.41
514.23
581.85
526.72
589.01
871.77
998.42
966.89
1,067.24
1,227.92
1,238.35
Revenue per Share
12.84
17.74
15.81
10.91
4.14
-1.22
9.22
27.3
24.67
16.94
15.66
61.73
45.42
45.71
72.05
60.31
60.31
Basic EPS, GAAP
-8.79
-25.65
-46.45
-7.36
5.64
36.33
47.32
35.45
26.83
26.21
52.45
51.31
42.61
37.49
16.93
-89.38
- -
Free Cash Flow per Basic Share
2.01
2.15
2.08
1.58
1.2
1.25
1.2
1.32
1.45
1.44
1
3
4
3
3.5
5
- -
Dividend per Share
1.08
7.18
15.9
19.37
17.07
13.13
23.04
50.8
72.85
85.56
103.4
166.51
217.91
260.07
328.76
386.71
386.73
Book Value per Share
98.99
98.26
112.05
126.38
97.65
91.18
121.17
149.58
159.16
159.64
167.93
215.85
282.66
334.31
412.1
446
446.03
Tangible Book Value per Share
1,914
1,914
1,915
1,994
2,065
2,049
2,060
2,228
2,228
2,224
2,224
2,224
2,223
2,222
2,221
2,220
2,220
Basic Weighted Avg Shares
718,008
803,930
797,055
872,279
1,035,374
981,376
995,987
1,145,587
1,296,120
1,171,400
1,310,090
1,938,880
2,219,370
2,148,070
2,370,220
2,726,420
2,749,440
Sales/Revenue/Turnover
7.18
6.03
6.13
4.88
5.01
4.26
8.39
8.1
8.52
7.71
8.09
11.78
7
7.78
10.75
10.72
9.59
Operating Margin (%)
27,340
26,452
28,219
33,468
34,934
43,468
44,572
45,062
47,770
50,910
66,280
67,290
70,860
75,210
78,810
88,300
- -
Depreciation Expense
24,564
33,970
30,269
21,750
8,542
-2,507
18,997
60,829
54,960
37,670
34,830
137,300
100,970
101,550
160,010
133,910
133,910
Net Income, GAAP
25.08
18.1
22.66
19.79
75.35
- -
43.22
25.43
32.02
36.41
34.45
27.45
23.74
27.53
28.36
27.6
27.6
Effective Tax Rate (%)
3.42
4.23
3.8
2.49
0.83
-0.26
1.91
5.31
4.24
3.22
2.66
7.08
4.55
4.73
6.75
4.91
4.87
Profit Margin (%)
126,513
127,163
159,628
127,603
101,326
131,398
119,505
172,026
199,980
290,650
191,350
272,060
288,530
229,920
364,430
245,210
245,210
Working Capital
252,532
371,272
498,568
539,441
551,308
579,289
518,553
478,743
480,320
592,540
472,130
526,070
529,250
488,260
578,400
776,660
776,660
LT Debt
312,402
336,204
370,895
423,854
416,703
409,879
460,650
548,604
575,100
583,270
665,430
782,020
948,170
1,061,570
1,237,210
1,365,950
1,365,950
Total Equity
7.16
5.87
4.48
3.4
1.16
- -
4.3
6.31
6.85
4.8
5.53
12.66
8.01
7.52
10.25
9.81
8.86
Return on Invested Capital (%)
7.47
12.1
8.72
6.37
3.39
- -
6.57
13.43
12.01
7.65
7.05
18.57
12.58
11.57
14.64
9.8
9.88
Return on Capital (%)
30.88
430.04
137.02
62.99
23.13
-8.07
51.08
75.73
39.9
21.37
16.58
45.74
23.63
19.12
24.47
16.86
16.86
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
109,430
- -
214,950
LT Borrowings
621,070
- -
755,950
LT Finance Leases
18,280
- -
20,710
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,235
- -
2,236
Market Capitalization
1,691,625
1,967,704
1,963,910

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,164,490
- -
1,410,300
Cash, Cash Equivalents & STI
281,100
- -
227,470
Accounts Receivable, Net
206,490
- -
272,220
Inventories
603,790
- -
755,170
Total Current Liabilities
789,540
- -
1,165,090
Payables & Accruals
- -
- -
- -
ST Debt
109,430
- -
214,950
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.95%
15.54%
10.41%
Free Cash Flow
-62.84%
-142.76%
-627.68%
Net Income, GAAP
-37.65%
61.91%
-16.31%
Sales/Revenue/Turnover
11.65%
16.93%
15.03%
Total Cash Common Dividend
26.19%
53.63%
42.67%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
529,910
541,690
528,080
548,390
2,148,070
2025
570,130
582,030
583,900
648,900
2,370,220
2026
642,320
660,580
665,210
781,330
2,726,420

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.05
9.88
10.5
- -
45.71
2025
13.84
17.59
16.82
23.8
72.05
2026
18.03
21.35
9.23
11.7
60.31

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3.5
2026
- -
- -
- -
- -
5
Business
Hindalco Industries Limited, the metals flagship of the Aditya Birla Group founded in 1958 and headquartered in Mumbai, India, ranks among Asia's largest producers of primary aluminium, excluding China, and operates as an integrated player across the aluminium, copper and chemicals value chains. The company produces primary aluminium, value-added aluminium products including flat rolled products, extrusions, foils, packaging solutions, wire rods and billets; copper cathodes, continuous cast rods, speciality alloy rods, wires, tubes, foils and precious metals; metallurgical and calcined alumina, alumina hydrate; and chemicals and by-products such as di-ammonium phosphate, sulphuric acid and phosphoric acid. Hindalco serves diverse sectors including aerospace and defence, automotive and transport, building and construction, electricals and electronics, beverage and food packaging, consumer durables, pharmaceuticals, EV and renewables, refractories and ceramics; it maintains a global footprint across 10 countries with over 50 manufacturing units, 23 mines and a workforce exceeding 68,500, including its key subsidiary Novelis, the world's largest aluminium recycler. In recent developments, Hindalco acquired US-based AluChem Companies, Inc. for $125 million in June 2025 through a step-down subsidiary to expand its speciality alumina portfolio and gain advanced chemistry capabilities for clean-tech markets. The company plans $10 billion in global investments between FY25 and FY30, including Rs 50,000 crore over three to four years in alumina refineries, aluminium smelters, copper smelting, recycling and a Rs 10,225 crore expansion at its Aditya Aluminium unit in Odisha adding 193 kilotonnes by FY2029. These initiatives follow upstream capacity doublings at Aditya and Mahan smelters, a greenfield 850,000-tonne alumina refinery and advancements in downstream copper tubes and the world's second-largest e-waste recycling facility at Pakhajan, funded largely by internal accruals with targeted four-fold EBITDA growth by FY30.