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Hindalco Industries Ltd Performance

Today's Low
501.45
arrowIcon
Today's High
507.20
52 Wk Low
381.00
arrowIcon
52 Wk High
620.50


Open

506.5

Traded Value (Cr)

223.67 Cr

Prev. Close

504.4

VWAP

507.63

Volume

44,06,098

Face Value

1

Hindalco Industries Ltd Fundamentals

Market Cap
₹ 1,13,203 Cr
P/E Ratio (TTM)
36.53
P/B Ratio
1.87
Debt to Equity
0.29
ROE
4.59 %
EPS (TTM)
13.79
Dividend Yield
0.59%
Book Value
269.35

Click here to know more about Fundamentals

Hindalco Industries Ltd F&O

Hindalco Industries Ltd Option Chain

Hindalco Industries Ltd Financials

*All Values are in Rs. Cr

Consolidated
Standalone
ParticularsFY 2023FY 2022FY 2021
Total Revenue Annual2,23,2021,95,0591,31,985
Operating Expenses Annual1,97,2951,77,1951,18,913
Operating Profit Annual23,97329,60016,572
Interest Annual3,6463,7683,738
Depreciation7,0866,7296,628
Net Profit Annual10,09713,7303,483
Tax Annual3144.005373.002723.00
ParticularsMAR 2023MAR 2022MAR 2021
Cash Flow at the Beginning11,6398,33921,269
Cash Flow from Operations19,20816,83817,232
Cash Flow from Investing-7,664-6,773-25,280
Cash Flow from Financing-10,345-6,765-4,882
Cash Flow at the End12,83811,6398,339
ParticularsMAR 2021MAR 2022MAR 2023
PBDIT Margin (%)13.6315.1710.74
PBIT Margin (%)8.6111.737.57
PBT Margin (%)5.9910.035.93
Net PROFIT Margin (%)2.527.044.52
Return On Networth / Equity (%)5.2417.5610.65
Return On Networth /Employed(%)7.3115.4910.05
Return On Assets (%)2.469.416.14
Total Debt / Equity(X)1.010.860.70
Asset Turnover Ratio (%)0.931.341.36
ParticularsMAR 2023MAR 2022MAR 2021
Fixed Assets Annual1,10,6261,06,8741,00,269
Total Current Assets Annual83,45493,09158,211
Non Current Assets Annual38200.0033604.0041119.00
Total Shareholders Funds Annual94,80678,19166,533
Total Assets Annual1,63,0761,51,9741,44,006
Consolidated
Standalone
Particulars

Total Revenue Annual

Operating Expenses Annual

Operating Profit Annual

Interest Annual

Depreciation

Net Profit Annual

Tax Annual

Particulars

Cash Flow at the Beginning

Cash Flow from Operations

Cash Flow from Investing

Cash Flow from Financing

Cash Flow at the End

Particulars

PBDIT Margin (%)

PBIT Margin (%)

PBT Margin (%)

Net PROFIT Margin (%)

Return On Networth / Equity (%)

Return On Networth /Employed(%)

Return On Assets (%)

Total Debt / Equity(X)

Asset Turnover Ratio (%)

Particulars

Fixed Assets Annual

Total Current Assets Annual

Non Current Assets Annual

Total Shareholders Funds Annual

Total Assets Annual

Hindalco Industries Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 34.64 % 34.64 % 34.64 % 34.64 %
FII 27.89 % 27.01 % 26.25 % 26.08 %
Others 19.46 % 22.36 % 23.09 % 23.43 %
Mutual Funds 12.86 % 11.42 % 11.13 % 10.94 %
Retail 5.15 % 4.57 % 4.89 % 4.91 %

Promoters

34.64%

FII

27.89%

Others

19.46%

Mutual Funds

12.86%

Retail

5.15%

Promoters

34.64%

FII

27.01%

Others

22.36%

Mutual Funds

11.42%

Retail

4.57%

Promoters

34.64%

FII

26.25%

Others

23.09%

Mutual Funds

11.13%

Retail

4.89%

Promoters

34.64%

FII

26.08%

Others

23.43%

Mutual Funds

10.94%

Retail

4.91%

Resistance and Support

₹508.85

PIVOT

resistance-arrow
Resistance
First Resistance₹513.000
Second Resistance₹516.350
Third Resistance₹520.500
support-arrow
Support
First Resistance₹505.500
Second Resistance₹501.350
Third Resistance₹498.000
RSI15.638
MACD-34.097
ADX27.296
CCI-68.538

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day4,406,0981,922,27043.63
Week6,785,2543,428,37750.60
1 Month9,572,2734,452,72148.18
6 Months6,741,2064,261,51563.22

About Hindalco Industries Ltd

Hindalco Industries Limited, 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. Hindalco's copper division in India comprises, among other facilities, a world-class custom copper smelter and captive jetty with capability to manufacture copper rods. Hindalco is one of the largest suppliers of copper to the Indian Railways and meets more than half of the country's copper requirements. Hindalco Industries Limited was incorporated in December 15th, 1958. In year 1962, the Company commenced production with an initial capacity of 20,000 mtpa of aluminium metal and 40,000 mtpa of alumina at Renukoot (Uttar Pradesh). In the year 1965, they commissioned downstream capacities in Rolling and Extrusion Mills at Renukoot. In the year 1968, the Company commissioned Renusagar Power Plant. In the year 1994, the Company made a huge expansion, modernisation and diversification programme in their working areas. In the year 1998, foil plant of the company came to existence at Silvassa. Also, the company attained ISO 14001 EMS certification during the year. In the year 1999, the company commenced aluminium alloy wheels production at Silvassa. Also, they expanded the metal capacity at Renukoot to 242,000 tpa. In the year 2000, the company acquired the controlling stake in Indian Aluminium Company Ltd (Indal) with 74.6 per cent equity holding. The company entered 'The Asia Top 25' list of the CFO Asia Annual Report Survey, the only Indian company in 2001. In the year 2002, the company commissioned the ninth potline at an outlay of Rs 1, 800 crore. They made a major corporate restructuring to create a non-ferrous metals powerhouse. During the year, Indo Gulf Corporation Ltd's copper business, Birla Copper, was amalgamated with the company with effect from April 1, 2002. In the year 2003, the company through Aditya Birla Minerals Ltd (ABML) acquired Nifty Copper Mine. Also, in November 2003, ABML acquired the Mt Gordon copper mines. The company divested 8.6% holding in Indo Gulf Fertilizers Ltd. Also, they made brownfield expansion of aluminium smelter at Renukoot to 345,000 tpa. In the year 2004, the company expanded the copper smelter to 250,000 tpa. In the year 2005, all business of Indal, expect for the Kollu Foil plant in Andhra Pradesh, merged with the company. They commissioned copper III expansion, taking total capacity to 500,000 tpa. Also, the company signed a MoU with state governments of Orissa and Jharkhand for setting up Greenfield alumina, refining, smelting and power plants. In the year 2006, the company made a joint venture with Almex USA for manufacture of high strength aluminium alloys. The company singed an MoU with government of Madhya Pradesh for a Greenfield aluminium smelter in Siddhi. In March 2006, the company acquired an aluminium rolling mill and wire rods facility situated at Mauda (Nagpur), from Asset Reconstruction Company (India) Ltd (ARCIL), belonging to Pennar Aluminium Company Ltd. In May 2006, the company entered into a joint venture with Essar Power (M.P.) Ltd to develop and operate mines at Mahan, Madhya Pradesh. In 2007, Hindalco created history in the Indian aluminium industry by acquiring Novelis Inc., a global leader in aluminium rolling and can recycling. In May 2007, Novelis became a subsidiary of Hindalco with the completion of acquisition process. The company acquired Alcon's 45% equity stake in Utkal Alumina project, makes the company, the 100% project owner. In the year 2008, the company expanded the alumina at Muri. During the year 2009-10, the company completed the Muri Alumina Refinery from 110,000 tpa to 450,000 tpa. They completed the expansion Hirakud smelter from 143,000 tpa to 155,000 tpa. In October 5, 2009, the company incorporated a wholly-owned subsidiary by the name Mauda Energy Ltd for generation of power to be used captively. During the year 2010-11, the company completed the Smelter expansion at Hirakud from 155 KTPA to 161 KTPA. In March 4, 2011, the company dissolved the Indal Exports Ltd. Also, A V Aluminium in Canada was merged with Novelis Inc. In 2011, Hindalco refinanced US$4 billion debt to finance its acquisition of Novelis to enable strategic flexibility for growth. Hindalco achieved financial closure of two projects through debt financing in 2011 viz. Utkal Alumina for Rs 4906 crore and Mahan aluminium for Rs 7875 crore. On 10 April 2012, Hindalco's US subsidiary Novelis Inc announced that it had signed an agreement with the Changzhou National Hi-Tech district to build the company's first automotive sheet manufacturing facility in China. On 17 September 2012, Hindalco Industries announced that it had achieved financial closure for its Rs 13195 crore greenfield aluminium smelter project at Lapanga in Odisha. Hindalco's Utkal Alumina Refinery became operational in 2013. The company also commissioned Hirakud Flat Rolled Products plant in 2013. On 11 August 2015, Hindalco Industries announced that credit rating agency CRISIL has downgraded Long-Term rating of the company's bank facilities and Non Convertible Debentures from AA/Negative to AA-/Stable. Hindalco's Mahan Aluminium and Aditya Aluminium smelters and Utkal refinery became operational in 2015. The company acquired the Gare Palma Coal mines in Chhattisgarh and the Kathautia and Dumri Coal mines in Jharkhand through auction in 2015. On 14 September 2016, Novelis Inc. announced the completion of the previously announced offering of $1.5 billion aggregate principal amount of 5.875% senior notes due 2026 by Novelis Corporation, an indirect wholly-owned subsidiary of Novelis. Hindalco's greenfield projects - Mahan Aluminium, Aditya Aluminium and Utkal Alumina ramped up to full capacity in 2016. Hindalco successfully raised USD 500 million through Qualified Institutional Placement (QIP) in March 2017. There was a strong participation from FIIs and long- only investors, generating demand in excess of USD 1.5 billion (3x subscription). The QIP was priced at zero discount to the previous day's closing share price. Accordingly the company Issued and allotted 17,68,27,659 equity shares of Re 1 each at the issue price of Rs 189.45 per equity share on 09th March, 2017 vide Qualified Institutional Placement. Novelis entered into a joint venture agreement in May 2017 with Kobe Steel, Japan to sell 50 per cent of its ownership interest in its Ulsan, South Korea facility, for USD 315 million. Located in the industrial hub of Korea, Novelis' Ulsan facility focuses on the production of rolled aluminum sheet for a variety of markets in Asia. In FY 2017, Hindalco divested Aditya Birla Minerals Limited, Australia for Rs 367 crore. With the new coal linkage in FY 2017, coal security improved to over 60 per cent of the annual requirement of Hindalco's domestic aluminium business. In FY 2017, Gare Palma IV/4 Coal Mines and Gare Palma IV/5 Coal Mines reached their peak capacity. The operations at Kathautia Mines commenced in February 2017. During the fiscal year 2018, the company's subsidiary Novelis Inc completed JV to establish Ulsan Aluminium in South Korea, by selling approximately 50% its ownership to Kobe Steel for US$ 314 million which have helped to unlock the value. Novelis with its objective to invest in world class assets and technical capabilities to position itself to meet the increasing global demand for aluminium from the Automotive market, announced its plans to setup a 200 Kt automotive finishing facility in Guthrie, Kentucky, US which is expected to be commissioned in CY 2020. Novelis has agreed to acquire the operating facilities and manufacturing assets at its plant in Sierre, Switzerland, that has been historically leased. Aditya Birla Nuvo Ltd. got amalgamated with Grasim Industries Ltd. Upon amalgamation, financial service business got de-merged from Grasim Industries Ltd. and transferred to Aditya Birla Financial Services Ltd. Pursuant to the scheme of amalgamation between Aditya Birla Nuvo Limited (ABNL) and Grasim Industries Limited (Grasim), having record date of 6th July, 2017, the Company received 12,975,618 shares of Grasim in exchange of 8,650,412 equity shares it held of ABNL as at record date, making total equity shares held in Grasim to 28,222,468. Further, pursuant to the scheme of demerger of Aditya Birla Capital Limited (ABCL) (formerly Aditya Birla Financial Services Limited) from Grasim, having record date of 20th July, 2017, the Company received 39,511,455 equity shares of ABCL for 28,222,468 equity shares it held of Grasim as at record date. During the year 2017-18,the company spent towards capital expenditure relating to Aluminium and Copper segments amounting to Rs 1,388.07 crore and Rs 236.50 crore, respectively. The company bagged India Manufacturing Excellence Awards 2017-18, Silver Certificate for Manufacturing Effectiveness-Mahan facility. During the FY2019,the company spent capital expenditure relating to Aluminium and Copper segments amounting to Rs 911.75 Crore and Rs 205.98 Crore, respectively The company's subsidiary Novelis signed a definitive agreement to purchase Aleris Corp for US $2.6 billion in July 2018. This will strengthen its leadership position in the fastest growing automotive segment, thereby enhancing its Asia operations with full metal chain integration in China, further diversifying its portfolio with its entry into the aerospace segment. This transaction is expected to close in FY20 post all the pending regulatory approvals. The Board of Directors in their meeting on 09th August 2019, had approved the issuance of Commercial Papers for an amount not exceeding Rs 900 Crore. Further, on 22nd November 2019, the Company allotted 18,000 securities at Rs 900 Crore issue size, maturing on 20th February 2020 on Private Placement. On 14th April 2020, Novelis completed the acquisition of US-Based Aleris Corp. The integration process has commenced while driving synergies and unlock value. Divestment procedures for automotive assets in Lewisport in the US and Duffel in Europe is underway. During the year ended 31/03/2020, capital expenditure relating to Novelis, Aluminium, Copper and All Other Segments are Rs 4,462 Crore, Rs 1,987 Crore, Rs 109 Crore and Rs 32 Crore, respectively. The company recognised as Aluminium Industry Leader for its sustainability performance in the 2020 edition of the S&P Dow Jones. In April 2020, Novelis availed short-term loan to the tune of Rs 8,363 Crore (USD1.1 billion) for the purpose of funding a portion of the consideration payable in connection with the acquisition of Aleris. This loan has been prepaid in full during the year ended 31 March 2021. On 30 September 2020, the Group has completed the sale of its assets at Duffel, Belgium to ALVANCE, the international aluminum business of the GFG Alliance at a consideration of Rs 2,675 Crore (EURO 310 million as of 30 September 2020). Divestiture of Duffel was a precondition to the acquisition of Aleris as determined by the European Commission and Chinese State Administration for Market Regulation (SAMR). At the transaction date the Group has received Rs 1,812 Crore (EURO 210 million) in cash. Both the parties have agreed to a post-closing arbitration process on the remaining Rs 863 Crore (EURO 100 million as of 30 September 2020). On November 8, 2020, the Group entered into a definitive agreement with American Industrial Partners (AIP) for the sale of Lewisport which got completed on 30 November 2020. The Company commissioned 5,00,000 tonne Utkal's Alumina refinery brownfield capacity expansion project in FY 2022. It acquired two facilities, aluminium extrusions business in Kuppam, Andhra Pradesh, costing $79 million to enhance capabilities in extrusions and a fabricated solutions and Ryker's 2,25,000 tonne copper rod facility in Gujarat. It increased downstream capacities in the Flat Rolled Products, Extrusions and other flat rolled products. It got into two new segments, Cu-Mg Alloy rods for railways, and Inner Groove Tubes for ACs. In FY2021-22, the business diversified its product offering with multiple new high-tech products for applications into wire and cables, refractories and abrasives segments. During the year 2023, the Company commissioned a new line to augment circle blanking capacity by ~8 KTPA and a new degreasing line of 24 KT capacity in Renukoot. It installed manufacturing facility having capacity of 5 KTPA, in manufacturing various copper alloy rods, including Copper Magnesium. It commissioned a biomass power plant at Belagavi, having a 4 MW extraction-cum-back pressure steam turbine, 33 TPH boiler, 67.0 kg/ cm2 working pressure, water tube, patented lambion grate technology with heat recovery systems and Electrostatic Precipitator (ESP). It commissioned a Circulating Fluid Bed Scrubber (CFBS) technology based Semi-Dry flue gas desulphurisation (FGD) system at CPP plants in Mahan and Aditya. It introduced the first aluminium rake in FY 2022-23 in Odisha.

Managing Director

Satish Pai

Founded

1958

NSE Symbol

HINDALCO

Hindalco Industries Ltd Management

NameDesignation
Kumar Mangalam BirlaChairman (Non-Executive)
Rajashree BirlaNon Executive Director
Alka BharuchaIndependent Non Exe. Director
Anant MaheshwariIndependent Non Exe. Director
A K AgarwalaNon Executive Director
K N BhandariIndependent Non Exe. Director
Praveen Kumar MahehswariExecutive Director / Whole Tim
Satish PaiExecutive Director & MD
Sudhir MitalIndependent Non Exe. Director
VIKAS BALIAIndependent Non Exe. Director
Y P DandiwalaIndependent Non Exe. Director
Anant MaheshwariIndependent Director
Geetika AnandCompany Sec. & Compli. Officer

Hindalco Industries Ltd News

Hindalco Inds gains as Novelis files for US IPO
Hindalco Industries added 2.03% to Rs 522.20 after its fully owned subsidiary, Novelis Inc. announced that it has confidentially submitted a filing for initial public offering (IPO) with the US Securities and Exchange Commission (SEC).
Hindalco Industries Ltd Surges 2.72%, S&P BSE Metal index Gains 1.14%
Hindalco Industries Ltd has lost 6.25% over last one month compared to 4.79% gain in S&P BSE Metal index and 2.32% rise in the SENSEX
Hindalco, ZEEL, ONGC, Ramkrishna Forgings in spotlight
Hindalco Inds Q3 PAT climbs 71% YoY to Rs 2,331 cr
The Aditya Birla Group company’s consolidated net profit climbed 71.14% to Rs 2,331 crore in Q3 FY24 as against with Rs 1,362 crore posted in Q3 FY23.
Hindalco Industries Ltd leads losers in 'A' group
ISGEC Heavy Engineering Ltd, One 97 Communications Ltd, Elgi Equipments Ltd and Arvind Fashions Ltd are among the other losers in the BSE's 'A' group today, 13 February 2024.
Hindalco Industries consolidated net profit rises 71.15% in the December 2023 quarter
Sales decline 0.65% to Rs 52808.00 crore
Volumes soar at Hindalco Industries Ltd counter
Hindalco Industries Ltd clocked volume of 395.79 lakh shares by 14:14 IST on NSE, a 6.34 times surge over two-week average daily volume of 62.40 lakh shares
Hindalco Inds drops on worries over Novelis' Bay Minette project costs
Hindalco Industries tumbled 14.27% to Rs 499.25 as concerns arise over cost overruns in Novelis Inc's Bay Minette project.
Hindalco Industries Ltd Falls 9.99%, S&P BSE Metal index Drops 1.86%
Hindalco Industries Ltd has lost 9.85% over last one month compared to 0.2% gain in S&P BSE Metal index and 1.75% drop in the SENSEX
Hindalco Industries Ltd rises for third consecutive session
Hindalco Industries Ltd is quoting at Rs 603.7, up 1.93% on the day as on 12:49 IST on the NSE. The stock is up 35.8% in last one year as compared to a 21.84% spurt in NIFTY and a 40.54% spurt in the Nifty Metal index.

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Hindalco Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Hindalco Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Hindalco Industries Ltd's share price is ₹505.40 as of February 29, 2024

Hindalco Industries Ltd's P/E ratio is 36.53 times as of February 29, 2024.

Hindalco Industries Ltd's most recent financial reports indicate a price-to-book ratio of 1.87, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Hindalco Industries Ltd's market is 113,204 Cr as on February 29, 2024.

The current financial records of Hindalco Industries Ltd show a 4.59% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Hindalco Industries Ltd's most recent financial filings, the company has a total asset value of ₹ Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Hindalco Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Hindalco Industries Ltd's 52-week high and low as of February 29, 2024 are ₹507.2 and ₹501.45 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Hindalco Industries Ltd stands at 34.64%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 27.01% to 27.89%.