Hindalco Industries Limited

BSE

HINDALCO

Stock

Yield per half year: +6.84%
Dividend yield: 0.4453%
Sector: Materials

Reporting Hindalco Industries Limited

Capitalization

IFRS

Reporting Annual Quarterly

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
Capitalization, bln ₹						440.6							966.11	440.60	0.00
Revenue, bln ₹			1 012.02	1 026.31	1 158.2	1 305.42	1 181.44	1 319.85	1 950.59	2 232.02	2 148.07		2 148.07	1766.39	12.70
Net profit, bln ₹			-2.51	19	60.83	54.96	37.67	34.83	137.3	100.97	101.55		101.55	82.46	21.94
EV, bln ₹						945.18	657.86	1 355.54	1 784.97	1 359.01	1 299.44		1 299.44	1291.36	14.58
EBIT, bln ₹	43.03	53.05	45.87	80.18	94.88	109.06	99.3	111.85	220.89					127.20	18.41
EBITDA, bln ₹					163.92	164.44	144.76	182.71	295.28	239.73			239.73	205.38	7.83
OIBDA ₹							189.95	255.04	393.58	302.38				285.24	12.33
Book value, bln ₹				460.59	548.52	575.01	583.17	665.33	781.91	948.06	1 061.46	1 237.09	1 061.46	938.77	13.21
FCF, bln ₹					78.87	59.74	58.74	116.67	114.12	93.66	83.28		83.28	93.29	7.23
Operating Cash Flow, bln ₹			116.86	126.87	108.98	119.77	127.45	172.32	168.38	192.08	240.56		240.56	180.16	13.55
Operating profit, bln ₹			33.45	82.73	108.79	107.9	82.86	107.16	235.6	163.62	167.49		167.49	151.35	15.11
Operating expenses, bln ₹			941.72	917.85	1 058.2	1 196.51	1 082.32	1 209.65	1 697.36	2 073.62	1 980.58		1 980.58	1608.71	12.85
CAPEX, bln ₹			42.45	29.38	30.01	60.01	69.17	55.65	54.26	98.42	157.28		157.28	86.96	17.86

	2006Q1	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	Average for 5 quarters	CAGR 5
Capitalization, bln ₹					438.23																					438.23	0.00
Revenue, bln ₹																561.76	531.51	558.57	529.91	541.69	528.08	548.39	570.13	582.03	583.9	562.51	2.03
Net profit, bln ₹																22.05	13.62	24.11	24.54	21.96	23.31	31.74	30.74	39.09	37.35	32.45	9.89
EV, bln ₹										1 357.38		1 693.32		1 784.97		1 333.88		1 359.01		1 552.37		1 299.44		2 172.71		1543.48	10.25
EBIT, bln ₹			25.13	23.82	20.92	28.06	3.79	34.04	36.9							37.02	17.96		39.32							33.05	2.93
EBITDA, bln ₹										41.57	53.73	63.33	60.5	50.39	69.35	39.79	21.48	38.25	43.09							42.39	-9.08
Book value, bln ₹						583.17		596.37		665.33		712.58		781.91		908.84		948.06		994.95		1 061.46		1 151.76		1013.01	4.85
Operating Cash Flow, bln ₹	2.65	119.8		37.05		126.65		39.49		172.32		35.46		168.38		34.58		192.08								120.56	2.19
Operating profit, bln ₹																36.49	17.8	34.71	39.16	37.95	41.74	48.33	56.93	60.97	56.62	52.92	6.29
Operating expenses, bln ₹																524.69	513.1	522.49	490.44	503.74	486.34	500.06	513.2	521.06	527.28	509.59	1.63
CAPEX, bln ₹	8.75	60.05		29.51		67.91		25.55		55.65		23.35		54.26		35.37		98.42								53.41	12.08

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Average for 5 years	CAGR 5
Cash, bln ₹			14.93	11.57	11.86	17.64	32.66	55.22	66.44	92.7	118.16	118.16	73.04	29.33
Short-Term Investments ₹			77.8	89.62	39.04	45.11	63.72	105.4	118.51	83.7	63.25	63.25	86.92	-0.15
Long-Term Investments ₹	63.65	58.05	47.49	62.06	68.78	51.57							57.59	-2.34
Accounts Receivable ₹			85.31	92.21	108.78	132.45	93.45	129.59	210.76	162.14	164.04	164.04	152.00	11.91
Total Current Assets ₹			448.49	501.14	499.63	540.34	662.82	676.38	985.43	893.11	823.43	823.43	808.23	4.44
Net assets, bln ₹		685.05	680.31	656.92	658.7	681.6	736.77	808.62	811.97	858.7		858.7	779.53	4.73
Assets, bln ₹			1 419.87	1 469.94	1 478.27	1 528.48	1 695.28	1 897.46	2 230.62	2 248.17	2 319.07	2 319.07	2078.12	6.47
Short-Term Debt ₹			90.22	65.99	34.01	42.29	87.2	62.87	78.82	111.94	71.06	71.06	82.38	-4.01
Long-Term Debt ₹			577.62	517.42	477.98	479.93	583.4	589.85	526.07	529.25	473.95	473.95	540.50	-4.07
Liabilities, bln ₹			1 013.8	1 009.35	929.76	953.47	1 112.11	1 232.13	1 448.71	1 300.11	1 257.5	1 257.5	1270.11	2.49
Net debt, bln ₹					438.97	432.48	459.57	576.42	515.99	454.95	426.85	426.85	486.76	-1.47
Debt, bln ₹			667.83	583.41	511.99	522.22	670.6	652.72	604.89	641.19	545.01	545.01	622.88	-4.06
Interest Income ₹			35.05	40.15	27.48	27.48	27.4	32.52	46.08	36.3			33.96	5.73
Interest Expense, bln ₹				0.0056	0.0057	35.84	34.61	0.01	0.01	0.01	37.77	37.77	14.48	1.76
Net interest income, bln ₹				-44.09	-34.68	-32.23	-33.31	-37.38	-30.61	-36.46	7.86	36.3	-25.9800	-174.92
Goodwill ₹	130.05	131.6	177.35	171.35	178.29	185.75	200.98	233.17	239.65	257.45			223.40	6.75
Cost of production, bln ₹			646.46	607.81	721.67	814.33	711.86	800.69	1 220.07	1 458.61	1 462.23	1 462.23	1130.69	15.48
Inventory ₹			167.87	182.91	216.31	221.94	223.84	306.68	444.83	447.99	408.12	408.12	366.29	12.76

	2005Q2	2005Q3	2005Q4	2006Q1	2019Q1	2019Q3	2020Q1	2020Q3	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	Average for 5 quarters	CAGR 5
Cash, bln ₹							215.69	126.5	88.09		66.51		116.39		117.88		128.4		108.72		118.16		96.45			113.92	-3.93
Short-Term Investments ₹							63.72	85.33	105.06		134.77		75.83		65.53		72.54		82.97		63.25		114.76			79.81	11.86
Long-Term Investments ₹	28.03	28.03	31.63	31.63		51.47																				34.16	12.92
Accounts Receivable ₹								107.57	129.59		165.22		210.76		198.98		162.14		166.28		164.04		180.16		198.34	174.19	4.11
Total Current Assets ₹							662.82	659.23	676.28		803.85		985.43		949.67		893.11		860.39		823.43		940.84			893.49	-0.19
Net assets, bln ₹			94.65	94.65		703.47	736.77	806.08	808.62		803.97		811.97		819.67		858.7									820.59	1.21
Assets, bln ₹							1 695.28	1 844.82	1 896.99		2 037.28		2 230.62		2 241.22		2 248.17		2 247.41		2 319.07		2 522.64			2315.70	2.39
Short-Term Debt ₹							87.17	103.96	62.84		202.13		24.56		43.48		56.35		70.51		71.06		112.9			70.86	21.03
Long-Term Debt ₹							583.79	674.52	589.85		481.03		516.35		509.05		529.25		495.24		473.95		478.31			497.16	-1.24
Liabilities, bln ₹							1 112.11	1 248.45	1 231.66		1 324.7		1 448.71		1 332.38		1 300.11		1 252.35		1 257.5		1 370.77			1302.62	0.57
Net debt, bln ₹								655.71	576.42		608.1		515.99		497.45		454.95		457.03		426.85		494.76			466.21	-0.11
Debt, bln ₹							670.96	778.48	652.69		683.16		540.91		552.53		585.6		565.75		545.01		591.21			568.02	1.36
Interest Income ₹									9.03	8.18	12.91	8.49	8.04	8.44	8.77	9.32	9.84	9.9								9.25	3.24
Interest Expense, bln ₹															8.79	9.34	9.86	9.92	10.34	9.44	8.07	8.59	8.69	8.17		8.59	-2.85
Net interest income, bln ₹											-12.91	-8.52	-0.98	-8.47	-8.79	-9.34	-9.86	-9.92	-10.34	-9.44						-9.7800	0.21
Goodwill ₹					185.75	188.35	200.98	229.9	233.17		235.47		239.65		250.17		257.45		258.8							248.31	1.91
Cost of production, bln ₹															351.67	343.62	358.99	332.41	358.44	341.08	412.44	359.87	377.2	374.05		372.93	1.86
Inventory ₹								269.36	306.68		376.82		444.83		458.42		429.58		425.22		408.12		476.25		488.01	445.44	2.58

Share

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
EPS	2.4	7.9	14.78	16.93	15.65	61.73	45.26	45.73		45.73	37.06	21.99
Share price	273.7	226.1	216.1	240.5	475.6	473.25	614.9	601.7	641.55	641.55	561.40	6.17
Number of shares, mln			2224.18	2230.46	2225.1	2224.34	2230.88	2220.62		2220.62	2226.28	-0.09
FCF/share			26.86	26.34	52.43	51.31	41.98	37.5		37.5	41.91	7.32

	2019Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q3	2025Q1	2025Q2	Average for 5 quarters	CAGR 5
EPS		17.3	18.5	9.9	6.14	10.81	10.97	9.88	10.49	14.29	17.61			12.65	9.93
Share price		540	437.84	401.26	433.72	439.22	420.37	457.35	505.86			691.25	641.55	543.28	8.82
Number of shares, mln	2224.18													2224.18	0.00

	Average for 5 quarters	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
ROE, %		-0.6175	4.12	11.09	9.56	6.46	5.23	18.97	11.67	10.11		10.11	13.89	10.49	9.37
ROA, %		-0.1766	1.29	4.11	3.6	2.22	1.84	6.65	4.51	4.45		4.45	8.15	3.93	14.92
ROIC, %	1.16	0.0047	2.06	6.01	5.3	3.26	2.81	10.54	6.77			6.77	13.61	5.74	5.02
ROS, %			1.85	5.25	4.21	3.19	2.64	7.04	4.52	4.73	4.73	4.73	8.99	4.73	12.37
ROCE, %	13.51	11.3	17.41	17.3	18.97	17.03	16.81	15.15			0	0	11.64	17.05	-2.62
EBIT margin						8.4	8.47	11.32			0	0	7.75	9.40	10.46
EBITDA margin				14.15	12.6	12.25	13.84	15.14	10.74		11.16	11.16	18.54	12.63	-1.85
Net margin		-0.2478	1.85	5.25	4.21	3.19	2.64	7.04	4.52	4.73		4.73	9.27	4.42	8.20
Operational efficiency, %			8.06	9.39	8.27	7.01	8.12	12.08	7.33	7.8	7.8	7.8	12.28	8.63	-0.80
FCF yield, %					13.56									13.56	0.00

	2005Q2	2005Q3	2005Q4	2006Q1	2019Q1	2019Q3	2020Q1	2020Q3	2021Q1	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
ROE, %							1.15	0.6489	2.9	4.8		4.93		2.43		3.5		4.52		4.76		4.46				13.89	3.93	12.91
ROA, %							0.3946	0.2098	1.02	1.68		1.73		0.9838		2.14		1.95		1.39		1.61				8.15	1.61	10.35
ROIC, %		2.1			1.37	1.17	0.7886	0.443	1.63	2.93		3.42		2.12		2.17										13.61	2.45	5.89
ROS, %																4.32	4.63	4.05	4.41	5.79	5.39	6.72	6.4	4.73	4.73	8.99	5.59	-2.58
ROCE, %	5.37	5.37	6.07	6.07	4.36	4.2	4.81	5.71						4.07												11.64	4.63	-1.37
EBIT margin																	7.42									7.75	7.42	0.00
EBITDA margin										13.29	12.03	9.04	11.95	7.08	4.04	6.85	8.13							11.16	11.16	18.54	8.27	22.53
Net margin														3.93	2.56	4.32	4.63	4.05	4.41	5.79	5.39	6.72	6.4			9.27	5.74	7.73
Operational efficiency, %																6.21	7.39	7.01	7.9	8.81	9.99	10.48	9.7	7.8	7.8	12.28	9.15	-4.83

Coefficients

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
P/E			8.02	5.26	22.37	9.24	8.95	8.59		8.59	43.39	10.88	10.31
P/BV			0.7663	0.34	1.17	1.62	0.9536	0.822		0.822	5.17	0.9811	19.31
P/S			0.3375	0.1678	0.5903	0.6506	0.405	0.4062		0.4062	3.90	0.4440	19.34
P/FCF			7.38				10.32	11.6	11.6	11.6	3.77	10.22	11.97
E/P			0.1247				0.1045	0.1051	0.1051	0.1051	0.05	0.1099	-4.18
EV/EBIT				6.62	11.66	8.08		0	0	0	13.72	8.79	6.87
EV/EBITDA			5.75	4.54	7.42	6.05	5.67			5.67	14.27	5.89	-0.28
EV/S			0.724	0.5568	0.9883	0.9151	0.6089	0.6049	0.6049	0.6049	3.86	0.7444	-9.35
EV/FCF			15.82	11.2	11.18	15.64	14.51	15.6	15.6	15.6	0.24	14.51	6.89
Debt/EBITDA		3.12	3.18	4.63	3.57	2.05	2.67	2.27	2.27	2.27	1.68	2.57	-8.66
Netdebt/Ebitda		2.68	2.63	3.17	3.15	1.75	1.9	1.78	1.78	1.78	1.50	2.07	-10.79
Debt/Ratio	0.3969	0.3463	0.3417	0.3956	0.344	0.2712	0.2852	0.235	0.235	0.235	0.14	0.2741	-7.34
Debt/Equity	1.27	0.9334	0.9082	1.15	0.981	0.7736	0.6763	0.5135	1.18	1.18	0.84	0.8249	3.76
Debt/Net Income	30.71	8.42	9.5	17.8	18.74	4.41	6.35	5.37	5.37	5.37	2.88	8.05	-22.12
PEG									0.3104	0.3104	-3.84	0.3104	0.00
Beta							2.9	3.01	-1.01	-1.01	1.68	1.63	-170.36
Altman Index			2.55				2.95	2.9	2.9	2.9	6.27	2.83	3.27

	2019Q4	2020Q1	2020Q3	2021Q1	2021Q3	2022Q1	2022Q3	2023Q1	2023Q3	2024Q1	2024Q3	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
P/E	41.3			40.51	20.27	13.84	7.32	19.62	23.83	11.23	18.09				43.39	16.02	19.84
P/BV	0.7723			1.17	1.52	1.62	0.9203	0.9536	1.1	0.822	1.46				5.17	1.05	9.67
P/S	1.5			1.93	1.23	0.8844	0.4169	0.8085	0.9976	0.5302	1				3.90	0.7506	19.12
P/FCF													11.6	11.6	3.77	11.60	0.00
E/P	0.0242												0.1051	0.1051	0.05	0.0781	63.15
EV/EBITDA						7.83	6.06	7.89							14.27	7.26	0.25
EV/S									2.88	2.37	3.73		0.6049	0.6049	3.86	2.04	-26.81
EV/FCF													15.6	15.6	0.24	15.60	0.00
Debt/EBITDA		32.13	22.87	15.7	10.79	10.73	13.89	14.92					2.27	2.27	1.68	8.82	-26.70
Netdebt/Ebitda			19.26	13.87	9.6	10.24	12.5	11.89					1.78	1.78	1.50	7.64	-29.53
Debt/Ratio				0.3441	0.3353	0.2425	0.2465	0.2605	0.2517	0.235	0.2344		0.235	0.235	0.14	0.2382	-1.36
Debt/Equity				0.981	0.9587	0.6918	0.608	0.6177	0.5686	0.5135	0.5133		1.18	1.18	0.84	0.7911	15.72
Debt/Net Income				33.85	19.99	14.05	25.06	23.67	25.76	17.17	15.12		5.37	5.37	2.88	13.76	-26.92
PEG													0.3104	0.3104	-3.84	0.3104	0.00
Beta												-0.223	-0.5886	-1.01	1.68	-0.6072	65.45
Altman Index												2.9	2.9	2.9	6.27	2.90	0.00

	Industry average	Average for 5 quarters	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
Div. payout, bln	2.49	2.56	2.48	2.94	3.23	3.2	2.22	8.9	6.67			6.67		4.84	15.61
Dividend		1	1.1	1.2	1.2	1	3	4	3	3.5		3.5		2.90	28.47
Dividend yield, %		0.8252	0.5107	0.5154	0.6058	0.5858	0.7633	0.7374	0.8623	0.4453		0.4453	1.37	0.6788	-5.34
Dividends / profit, %		-102.03	13.05	4.83	5.88	8.49	6.37	4.86	8.81	6.57		6.57	32.20	7.02	-5.00
Dividend coverage ratio											15.22	15.22	89.85	15.22	0.00

	2005Q3	2014Q3	2015Q3	2016Q3	2017Q3	2018Q3	2019Q1	2019Q3	2020Q1	2020Q3	2021Q1	2021Q3	2022Q1	2022Q3	2023Q1	2023Q3	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
Div. payout, bln	1.06						3.23	3.18	3.2	2.22	2.22	6.67	6.67	8.9	8.9					6.67	32.01
Dividend		1	1	1	1.1	1.2		1.2		1		3		4		3				2.44	20.11
Dividend yield, %		0.5694	1.08	0.6905	0.4845	0.5338		0.6278		0.5758		0.6895		0.9968		0.656			1.37	0.7092	0.88
Dividends / profit, %	34.99						27.42	32.65	47.83	57.36	11.51	19.52	17.32	40.36	36.91				32.20	25.12	26.24
Dividend coverage ratio																	15.22	15.22	89.85	15.22	0.00

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2020	2021	2022	2023	2024	LTM	CAGR 5
CAPEX/Revenue, %	5.85	4.22	2.78	4.41	7.32	7.32	4.59
Staff, people				22 666	22 666		0.00

	CAGR 5

	CAGR 5