HINDALCO

Hindalco Industries Share PriceHindalco Industries

₹520.35
4.3 (0.83%)
  • Advice
  • Hold
As on 11 December, 2023 | 01:50 BSE: 500440 NSE: HINDALCOISIN: INE038A01020

Hindalco Industries Performance

Day Range

  • Low 514.00
  • High 525.05
₹ 520.35

52 Week Range

  • Low 381.00
  • High 528.80
₹ 520.35
  • Open Price519.50
  • Previous Close516.05
  • Volume3733998

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Hindalco Industries Share Price

  • Over 1 Month 6.62%
  • Over 3 Month 9.28%
  • Over 6 Month 24.41%
  • Over 1 Year 10.33%

Hindalco Industries Key Statistics

P/E Ratio 13.9
PEG Ratio -0.4
Market Cap Cr 116,934
Price to Book Ratio 1.2
EPS 14.8
Dividend 0.6
Relative Strength Index 65.76
Money Flow Index 66.26
MACD Signal 10.08
Average True Range 10.73

Hindalco Industries Investment Rating

  • Master Rating:
  • Hindalco Industries has an operating revenue of Rs. 216,168.00 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 6% is okay, ROE of 10% is good. The company has a debt to equity of 54%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 16% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 121 indicates it belongs to a poor industry group of Metal Proc & Fabrication and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hindalco Industries Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 20,67619,90419,99518,98318,38219,51818,969
Operating Expenses Qtr Cr 18,92018,34318,22617,63216,94416,58915,707
Operating Profit Qtr Cr 1,7561,5611,7751,3431,3772,9273,264
Depreciation Qtr Cr 489482510464449451449
Interest Qtr Cr 338352336309322333356
Tax Qtr Cr 281340263209248829920
Net Profit Qtr Cr 8476008324985481,4481,601
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 77,46468,188
Operating Expenses Annual Cr 69,45656,455
Operating Profit Annual in Cr 7,42211,198
Depreciation Cr 1,8741,752
Interest Annual Cr 1,3001,417
Tax Annual Cr 1,5492,950
Net Profit Annual Cr 3,3265,507
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 4,8365,208
Cash from Investing Activity Annual Cr -1,481-1,937
Cash from Financing Annual Activity Cr -6,290-869
Net Cash Flow Annual Cr -2,9352,402
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 58,48954,428
Fixed Assets Annual Cr 35,09033,881
Total Non Current Assets Annual Cr 61,86260,190
Total Current Assets Annual Cr 35,06038,867
Total Assets Annual Cr 96,92299,057
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 263245
ROE Annual % 610
ROCE Annual % 814
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1017
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 54,16952,99155,85753,15156,17658,01855,764
Operating Expenses Qtr Cr 48,55747,27750,43449,54250,75649,58548,459
Operating Profit Qtr Cr 5,6125,7145,3273,5485,3628,4297,304
Depreciation Qtr Cr 1,8431,7861,8561,7681,7131,7491,761
Interest Qtr Cr 1,034992986934879847805
Tax Qtr Cr 1,035863428-1488951,969921
Net Profit Qtr Cr 2,1962,4542,4111,3622,2054,1193,851
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 224,459196,195
Operating Expenses Annual Cr 200,536166,712
Operating Profit Annual in Cr 22,66628,347
Depreciation Cr 7,0866,729
Interest Annual Cr 3,6463,768
Tax Annual Cr 3,1445,373
Net Profit Annual Cr 10,09713,730
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 19,20816,838
Cash from Investing Activity Annual Cr -8,121-7,074
Cash from Financing Annual Activity Cr -10,345-6,765
Net Cash Flow Annual Cr 7422,999
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 94,80278,187
Fixed Assets Annual Cr 92,58187,854
Total Non Current Assets Annual Cr 135,506124,519
Total Current Assets Annual Cr 89,31198,543
Total Assets Annual Cr 224,817223,062
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 427352
ROE Annual % 1118
ROCE Annual % 1016
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1115

Hindalco Industries Technicals

EMA & SMA

Current Price
₹520.35
4.3 (0.83%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹507.57
  • 50 Day
  • ₹492.02
  • 100 Day
  • ₹476.59
  • 200 Day
  • ₹460.55
  • 20 Day
  • ₹506.90
  • 50 Day
  • ₹487.42
  • 100 Day
  • ₹474.70
  • 200 Day
  • ₹446.06

Hindalco Industries Resistance and Support

PIVOT
₹519.8
Resistance
First Resistance 525.60
Second Resistance 530.85
Third Resistance 536.65
RSI 65.76
MFI 66.26
MACD Single Line 10.08
MACD 10.47
Support
First Resistance 514.55
Second Resistance 508.75
Third Resistance 503.50

Hindalco Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,802,274 145,703,140 38.32
Week 5,448,171 262,274,952 48.14
1 Month 5,667,459 266,994,009 47.11
6 Month 5,758,941 261,225,549 45.36

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 116,934
Sales 79,558
Shares in Float 146.07
No of funds 1460
Yield 0.58
Book Value 1.98
U/D Vol ratio 1.3
LTDebt / Equity 20
Alpha -0.04
Beta 1.38

Hindalco Industries

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 34.64%34.64%34.64%34.64%
Mutual Funds 11.42%11.13%10.94%11.09%
Insurance Companies 12.39%13.03%13.58%13.97%
Foreign Portfolio Investors 27.01%26.25%26.08%25.66%
Financial Institutions/ Banks 0.2%0.4%0.2%
Individual Investors 4.57%4.89%4.9%4.51%
Others 9.77%9.66%9.66%10.13%

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
2023-11-10 Quarterly Results
2023-08-08 Quarterly Results
2023-05-24 Audited Results & Dividend
2023-02-09 Quarterly Results
2022-11-11 Quarterly Results

Hindalco Industries MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
HDFC Balanced Advantage Fund Growth 63,981
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
ICICI Prudential Balanced Advantage Fund Growth 49,871
UTI Nifty 50 Exchange Traded Fund 42,363

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 Rs 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 ₹520 As on 11 December, 2023 | 01:36

What is the Market Cap of Hindalco Industries ?

The Market Cap of Hindalco Industries is ₹116933.9 Cr As on 11 December, 2023 | 01:36

What is the P/E ratio of Hindalco Industries ?

The P/E ratio of Hindalco Industries is 13.9 As on 11 December, 2023 | 01:36

What is the PB ratio of Hindalco Industries ?

The PB ratio of Hindalco Industries is 1.2 As on 11 December, 2023 | 01:36

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