HINDALCO

Hindalco Industries

₹692.05
-4.25 (-0.61%)
12 July, 2024 20:38 BSE: 500440 NSE: HINDALCO ISIN: INE038A01020

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Hindalco Industries Performance

Day Range

  • Low 686
  • High 702
₹ 692

52 Week Range

  • Low 422
  • High 715
₹ 692
  • Open Price698
  • Previous Close696
  • Volume3839953

Hindalco Industries Share Price

  • Over 1 Month + 2.84%
  • Over 3 Month + 14.76%
  • Over 6 Month + 19.95%
  • Over 1 Year + 62.97%

Hindalco Industries Key Statistics

P/E Ratio 15.3
PEG Ratio 26.7
Market Cap Cr
Price to Book Ratio 1.5
EPS 16.4
Dividend 0.4
Relative Strength Index 53.44
Money Flow Index 60.09
MACD Signal 7.57
Average True Range 17.49
Hindalco Industries Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 22,14020,28920,67619,90419,995
Operating Expenses Qtr Cr 19,92018,32618,92018,34318,226
Operating Profit Qtr Cr 2,2201,9631,7561,5611,775
Depreciation Qtr Cr 507483489482510
Interest Qtr Cr 261317338352336
Tax Qtr Cr 219458281340263
Net Profit Qtr Cr 1,412838847600832
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 83,71277,464
Operating Expenses Annual Cr 75,50969,456
Operating Profit Annual in Cr 7,5007,422
Depreciation Cr 1,9611,874
Interest Annual Cr 1,2681,300
Tax Annual Cr 1,2981,549
Net Profit Annual Cr 3,6973,326
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 8,1124,836
Cash from Investing Activity Annual Cr 312-1,481
Cash from Financing Annual Activity Cr -8,036-6,290
Net Cash Flow Annual Cr 388-2,935
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 63,70758,489
Fixed Assets Annual Cr 37,25435,090
Total Non Current Assets Annual Cr 66,43261,862
Total Current Assets Annual Cr 30,60435,060
Total Assets Annual Cr 97,03696,922
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 287263
ROE Annual % 66
ROCE Annual % 88
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1010
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 55,99452,80854,16952,99155,857
Operating Expenses Qtr Cr 49,31346,94348,55747,27750,434
Operating Profit Qtr Cr 6,6815,8655,6125,7145,327
Depreciation Qtr Cr 2,0181,8741,8431,7861,856
Interest Qtr Cr 8889441,034992986
Tax Qtr Cr 9629971,035863428
Net Profit Qtr Cr 3,1742,3312,1962,4542,411
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 217,458224,459
Operating Expenses Annual Cr 192,090200,536
Operating Profit Annual in Cr 23,87222,666
Depreciation Cr 7,5217,086
Interest Annual Cr 3,8583,646
Tax Annual Cr 3,8573,144
Net Profit Annual Cr 10,15510,097
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 24,05619,208
Cash from Investing Activity Annual Cr -14,276-8,121
Cash from Financing Annual Activity Cr -10,817-10,345
Net Cash Flow Annual Cr -1,037742
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 106,14694,802
Fixed Assets Annual Cr 100,60292,581
Total Non Current Assets Annual Cr 149,564135,506
Total Current Assets Annual Cr 82,34389,311
Total Assets Annual Cr 231,907224,817
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 478427
ROE Annual % 1011
ROCE Annual % 1010
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1211

Hindalco Industries Technicals

EMA & SMA

Current Price
₹692.05
-4.25 (-0.61%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹689.43
  • 50 Day
  • ₹669.32
  • 100 Day
  • ₹634.83
  • 200 Day
  • ₹586.18
  • 20 Day
  • ₹688.16
  • 50 Day
  • ₹674.60
  • 100 Day
  • ₹617.59
  • 200 Day
  • ₹571.70

Hindalco Industries Resistance and Support

PIVOT
₹693.54
Resistance
First Resistance 700.97
Second Resistance 709.88
Third Resistance 717.32
RSI 53.44
MFI 60.09
MACD Single Line 7.57
MACD 6.97
Support
First Support 684.62
Second Support 677.18
Third Supoort 668.27

Hindalco Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,903,622 180,659,626 46.28
Week 4,945,056 266,390,156 53.87
1 Month 6,426,391 346,768,048 53.96
6 Month 8,698,538 435,796,757 50.1

Hindalco Industries Result Highlights

Hindalco Industries Synopsis

NSE-Metal Proc & Fabrication

Hindalco Indus. is involved in the business activities of Manufacture of aluminium from alumina and by other methods and products of aluminium and alloys. Company’s Total Operating Revenue is Rs. 76878.00 Cr. and Equity Capital is Rs. 222.00 Cr. for the Year ended 31/03/2023. Hindalco Industries Ltd. is a Public Limited Listed company incorporated on 15/12/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27020MH1958PLC011238 and registration number is 011238.
Market Cap 156,474
Sales 83,009
Shares in Float 146.07
No of funds 1016
Yield 0.5
Book Value 2.43
U/D Vol ratio 1.3
LTDebt / Equity 11
Alpha 0.07
Beta 1.1

Hindalco Industries Shareholding Pattern

Owner NameMar-24Dec-23Sep-23
Promoters 34.64%34.64%34.64%
Mutual Funds 13.28%12.86%11.42%
Insurance Companies 10.32%10.28%12.39%
Foreign Portfolio Investors 26.82%27.89%27.01%
Financial Institutions/ Banks 0.21%0.19%0.2%
Individual Investors 5.54%5.15%4.57%
Others 9.19%8.99%9.77%

Hindalco Industries Management

Name Designation
Mr. Kumar Mangalam Birla Non Executive Chairman
Mr. Satish Pai Managing Director
Mr. Praveen Kumar Maheshwari WholeTime Director & CFO
Mrs. Rajashree Birla Non Executive Director
Mr. Askaran Agarwala Non Executive Director
Mr. Kailash Nath Bhandari Independent Director
Mr. Yazdi Piroj Dandiwala Independent Director
Ms. Alka Marezban Bharucha Independent Director
Mr. Vikas Balia Independent Director
Mr. Sudhir Mital Independent Director
Mr. Anant Maheshwari Independent Director

Hindalco Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hindalco Industries Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-24 Audited Results
2024-02-13 Quarterly Results
2023-11-10 Quarterly Results
2023-08-08 Quarterly Results

About Hindalco Industries

Hindalco Industries is an Indian metals and aluminium company that provides customised metals and aluminium solutions. Hindalco Industries is a part of the Aditya Birla Group and makes up its flagship metals company. Excluding China, Hindalco Industries is one of Asia’s largest primary aluminium producers. Hindalco Industries has a subsidiary named Novelis, which makes it a global leader in flat-rolled products and the world’s largest aluminium recycler. 

In India, Hindalco Industries is the biggest aluminium downstream company that provides tailored solutions in flat-rolled products and extruded aluminium solutions. Furthermore, Hindalco Industries contributes significantly to India's domestic refined copper demand as it is India’s largest copper producer. Their copper plant is situated at the port of Dahej, Gujarat and is one of India's largest single-location copper smelters. 

Hindalco’s operations include factors across the value chain, from alumina refining, captive power plants, bauxite mining, and coal mining to foils, extrusions and downstream rolling. The operations of Hindalco Industries serve a host of industries, such as building and construction, aerospace and defence, automotive and transport, etc. The company has 17 manufacturing units and 21 mining operations, with 33 overseas units in 9 countries. It has a cross-culture workforce of over 68,000 people with strategic priorities of value-enhancing growth and strong ESG commitment.
 

Hindalco Industries – History 

Hindalco Industries was incorporated by the Aditya Birla Group in 1958 as the Hindustan Aluminium Corporation Limited. However, the company started operations in 1962 when the late visionary GD Birla set up India's first integrated aluminium facility at Renukoot in the eastern fringe of Uttar Pradesh, India. They boosted operations with the captive thermal power plant at Renusagar in 1967. At this point, the company made 40 thousand metric tons of alumina and 20 thousand metric tons of aluminium metal annually. 

In 1989, the company underwent an internal restructuring and was renamed Hindalco Industries. Under the vision and guidance of Mr Kumar Mangalam Birla, the company’s aluminium and copper segments were consolidated to make Hindalco the non-ferrous metals leader in India. Expanding the business through mergers and acquisitions with companies such as Indal and Birla Copper made the leading position possible. 

The Hindalco shares are listed on the Indian stock exchanges with the NSE code HINDALCO and the BSE code 500440. The Hindalco share price today along with Hindalco share price history, reflects the good investor returns it has provided over time. Hindalco has grown into a major vertically integrated aluminium company in the country and is among Asia’s largest primary producers of aluminium. Today, its copper smelter is one of the world's largest custom smelters at a single location.

Hindalco Industries – Awards 

Hindalco stock price and its steady increase are based on the successful financials of the company and how it has expanded effectively. The company’s success has resulted in achieving numerous awards over the years. Here are the awards received by Hindalco Industries. 

● Environmental & Social Initiatives at KPMG ESG Conclave and Awards '23
● India's Best Annual Report Award in the Mining and Metals Sector by The Free Press Journal & Grant Thornton Bharat LLP
● World's Most Sustainable Aluminium Company by the S&P Dow Jones Sustainability Indices
● Excellent Energy Efficient Unit' in National Award for Excellence in Energy Management by CII
● Renukoot receives CII – Excellent Energy Efficiency Unit Award 2022
● Hindalco-Almex Aerospace Limited received Best Safety Professional Award
● 'India's Best Employers Among Nation Builders' by The Great Place to Work Institute.

Hindalco Industries- Important Facts 

Here are some essential facts about Hindalco's stock price history and the company: 

● Hindalco Industries acquired Alumina Refinery and Bauxite Mines from Novelis. 

● Hindalco Industries attained a financial closure of ₹9,896 crore debt for its smelter project at Lapanga, Odisha, in one of the biggest Indian syndications. 

● Hindalco India has corporate-level Integrated Management Systems certification covering 15 manufacturing locations and a Corporate office covering 17 corporate functions. The IMS scope as of now is ISO 9001, ISO 14001 and ISO 45001.


Hindalco Industries Limited is an Indian multinational company belonging to the Aditya Birla Group. It is the world's largest aluminium rolling company and one of Asia’s biggest primary aluminium producers. The Hindalco stock price today reflects its strong fundamentals and the potential returns it can provide to investors in the future. However, it is always important to make investment decisions after due diligence. 
 

Hindalco Industries FAQs

What is Share Price of Hindalco Industries ?

Hindalco Industries share price is ₹692 As on 12 July, 2024 | 20:24

What is the Market Cap of Hindalco Industries ?

The Market Cap of Hindalco Industries is ₹155518.6 Cr As on 12 July, 2024 | 20:24

What is the P/E ratio of Hindalco Industries ?

The P/E ratio of Hindalco Industries is 15.3 As on 12 July, 2024 | 20:24

What is the PB ratio of Hindalco Industries ?

The PB ratio of Hindalco Industries is 1.5 As on 12 July, 2024 | 20:24

Is Hindalco Industries a good buy now?

As per analysts rating in the last 6 months, the recommendation is to BUY Hindalco Industries. Hindalco Industries has an operating revenue of INR 164,488.00 Cr. on a trailing 12-month basis. Annual revenue growth of 12% is good, Pre-tax margin of 6% is okay. Institutional holding has gone up in the last reported quarter is a positive sign.

Who is the Managing Director of Hindalco Industries Ltd?

Satish Pai is the Managing Director of Hindalco Industries. He took over as the CEO of Hindalco's Aluminium Business in August 2013.

Is Hindalco Industries debt-free?

Hindalco Industries has a debt to equity of 89%, which is a bit higher.

What is the ROE of Hindalco Industries?

Hindalco Industries has an ROE of 5% is fair but needs improvement.

What is the stock price CAGR of Hindalco Industries?

The stock price CAGR of Hindalco Industries for 10 Years is 12%, 5 Years is 19%, 3 Years is 23% and 1 Year is 84%.

How to buy the shares of Hindalco Industries Ltd.?

You can open a Demat account online to start buying shares of Hindalco Industries.

 

Who are other peers of the Hindalco Stock?

In the metals – non-ferrous sector, investors generally compare Hindalco stock with Maan Aluminum Ltd., National Aluminum Company Ltd., Manaksia Aluminum Company Ltd., and MMP Industries Ltd.

Q2FY23
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