High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Smart Money: Smart money has been increasing their position in the stock.
Past Returns: Outperforming stock! In past three years, the stock has provided 33% return compared to 7.9% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Size: It is among the top 200 market size companies of india.
Growth: Good revenue growth. With 36.1% growth over past three years, the company is going strong.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 2.38 LCr |
| Price/Earnings (Trailing) | 14.33 |
| Price/Sales (Trailing) | 0.8 |
| EV/EBITDA | 9.15 |
| Price/Free Cashflow | -11.99 |
| MarketCap/EBT | 10.71 |
| Enterprise Value | 3.2 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 2.99 LCr |
| Rev. Growth (Yr) | 32.5% |
| Earnings (TTM) | 16.4 kCr |
| Earnings Growth (Yr) | 75.1% |
Profitability | |
|---|---|
| Operating Margin | 11% |
| EBT Margin | 7% |
| Return on Equity | 12.01% |
| Return on Assets | 4.72% |
| Free Cashflow Yield | -8.34% |
Growth & Returns | |
|---|---|
| Price Change 1W | 0.80% |
| Price Change 1M | 12.3% |
| Price Change 6M | 12.9% |
| Price Change 1Y | 50.3% |
| 3Y Cumulative Return | 33% |
| 5Y Cumulative Return | 19.7% |
| 7Y Cumulative Return | 28.9% |
| 10Y Cumulative Return | 21.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -26.58 kCr |
| Cash Flow from Operations (TTM) | 10.25 kCr |
| Cash Flow from Financing (TTM) | 20.09 kCr |
| Cash & Equivalents | 14.35 kCr |
| Free Cash Flow (TTM) | -19.85 kCr |
| Free Cash Flow/Share (TTM) | -88.31 |
Balance Sheet | |
|---|---|
| Total Assets | 3.48 LCr |
| Total Liabilities | 2.11 LCr |
| Shareholder Equity | 1.37 LCr |
| Current Assets | 1.41 LCr |
| Current Liabilities | 1.17 LCr |
| Net PPE | 94.22 kCr |
| Inventory | 75.52 kCr |
| Goodwill | 29.55 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.28 |
| Debt/Equity | 0.71 |
| Interest Coverage | 5.02 |
| Interest/Cashflow Ops | 3.78 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 5 |
| Dividend Yield | 0.47% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Smart Money: Smart money has been increasing their position in the stock.
Past Returns: Outperforming stock! In past three years, the stock has provided 33% return compared to 7.9% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Size: It is among the top 200 market size companies of india.
Growth: Good revenue growth. With 36.1% growth over past three years, the company is going strong.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 0.47% |
| Dividend/Share (TTM) | 5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 73.86 |
Financial Health | |
|---|---|
| Current Ratio | 1.21 |
| Debt/Equity | 0.71 |
Technical Indicators | |
|---|---|
| RSI (14d) | 58.61 |
| RSI (5d) | 58.83 |
| RSI (21d) | 68.16 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Hindalco Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q4 FY2025-26 earnings call for Hindalco Industries, management provided an optimistic outlook, underscoring the resilience of the business despite global challenges. Key forward-looking points included:
Aluminum Market Dynamics: The aluminum market is expected to experience a significant supply deficit projected at 1.5 million tons for calendar 2026, dramatically improving from an earlier estimate of a 0.3 million-ton deficit. This situation is expected to support prices.
EBITDA Projections: The consolidated EBITDA for the quarter was reported at INR 10,812 crores, up 11% year-on-year. Adjusted for exceptional items, the PAT was INR 5,796 crores, showcasing a 10% year-on-year growth.
Hedging Strategy: For FY27, management stated that they have hedged approximately 29% of aluminum at $3,013 per ton and 14% of currency at INR 90.13, indicating a strategic approach to mitigate price volatility.
Renewable Energy Initiatives: Hindalco reported a renewable energy capacity of 470 MW, with plans to increase this by another 53 MW soon. By end of Q1 FY27, the capacity is anticipated to reach 523 MW, reaffirming the commitment to clean energy.
Cost Reduction Goals: The company aims for a long-term cost reduction of $350 to $400 million by FY28. The current cost structure remains effective, with significant savings initiatives underway.
Future Growth Investments: A capital expenditure of INR 31,619 crores was made in FY26, with plans for around INR 12,000 crores in India and approximately $2.3 billion to $2.4 billion at Novelis in FY27.
Overall, while acknowledging short-term challenges from geopolitical tensions and market fluctuations, Hindalco remains focused on operational excellence, sustainability, and strategic investments aimed at long-term growth and value creation.
Question 1: "In FY27, is 29% of aluminum hedged at $3,013 per ton and 14% currency at INR90.13 fixed for both?"
Answer: Yes, for FY27, we have 29% hedged at $3,013 per ton and 14% hedged on the currency at INR90.13. These hedges are managed separately"”commodity and currency do not overlap.
Question 2: "What is the outlook for aluminum production costs in the coming quarters, and when will coal from the mines start?"
Answer: We expect aluminum production costs to increase by approximately 5% in Q1 FY27 compared to Q4 FY26, primarily driven by higher furnace oil prices. Coal volumes from our mines will be minimal in FY27, with meaningful supply expected only in FY28.
Question 3: "For the Aditya Refinery, are margins linked entirely to index prices, and what are current specialty alumina margins?"
Answer: The margins for Aditya Refinery are partly index-linked. Around 50% of our specialty alumina products are tied to the index, while the rest are value-added and not linked to it, so margin expectations vary based on product type.
Question 4: "Is the jump in sulfuric acid prices expected to continue, and will Q4 reflect the surge?"
Answer: Q4 prices are currently elevated due to geopolitical factors but may stabilize if the Strait of Hormuz opens. Higher prices should continue for Q1, with regional supply disruptions persisting.
Question 5: "What is the capex outlook for next 3 years for India and Novelis?"
Answer: For FY27, India's capex is expected to be around INR12,000 crores, while Novelis will be between $2.3 billion to $2.4 billion. As we approach FY28, Novelis' capex should significantly decrease while India's may increase due to ongoing expansions.
Question 6: "What is the peak net debt forecast?"
Answer: Our projected consolidated net debt peak should range between INR80,000 crores and INR90,000 crores over the next two years.
Question 7: "Could you provide an update on scrap sourcing from landfills?"
Answer: We are developing initiatives to source more scrap from municipal recycling facilities and end-of-life automotive vehicles. These collaborations aim to enhance our scrap input and improve margins significantly.
Question 8: "When can we expect first coal from Meenakshi mine?"
Answer: Given Meenakshi's favorable strip ratio, we anticipate substantial volumes of coal starting in FY29, which will ramp up quickly.
This summary encapsulates essential Q&A highlights from the earnings call while staying within the requested character limits.
Analysis of Hindalco Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2026
| Description | Share | Value |
|---|---|---|
| Novelis | 60.7% | 54.8 kCr |
| Copper | 19.1% | 17.2 kCr |
| Aluminium upstream | 14.8% | 13.4 kCr |
| Aluminium downstream | 5.4% | 4.9 kCr |
| Total | 90.3 kCr |
Understand Hindalco Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Igh Holdings Private Limited | 15.58% |
| Birla Group Holdings Private Limited | 11.38% |
| Morgan Guaranty Trust Company Of New York, Asdepositary | 4.18% |
| Grasim Industries Ltd | 3.92% |
| Government Of Singapore | 2.65% |
| Nps Trust- A/C Sbi Pension Fund Scheme - State Govt | 2.52% |
| Sbi Nifty 50 Etf | 2.29% |
| Icici Prudential Large & Mid Cap Fund | 1.35% |
| Pilani Investment And Industries | 1.33% |
| Aditya Birla Sun Life Trustee Private Limited A/C - Aditya Birla Sun Life Large Cap Fund | 1.11% |
| Birla Institute Of Technology And Science | 0.96% |
| TRUSTEE HOLDING SHARES UNDER THE SCHEME OF MERGER OF HIL/IGCL/IGFL ON BEHALF OF HINDALCO | 0.73% |
| PT Indo Bharat Rayon | 0.43% |
| P T Sunrise Bumi Textiles | 0.13% |
| PT Elegant Textile Industry | 0.08% |
| Kumar Mangalam Birla | 0.06% |
| Rajashree Birla | 0.03% |
| Aditya Vikram Kumarmangalam Birla Huf. | 0.03% |
| Neerja Birla | 0.01% |
| Vasavadatta Bajaj | 0.01% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Hindalco Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| JSWSTEEL | JSW Steel | 3.25 LCr | 1.91 LCr | +7.00% | +25.80% | 13.07 | 1.7 | - | - |
| HINDZINC | Hindustan Zinc | 2.55 LCr | 47.95 kCr | +13.50% | +42.20% | 14.95 | 5.32 | - | - |
| TATASTEEL | TATA STEEL | 2.33 LCr | 2.41 LCr | +2.00% | +17.50% | 21.05 | 0.96 | - | - |
| VEDL | Vedanta | 1.08 LCr | 1.14 LCr | +4.70% | -37.60% | 5.5 | 0.95 | - | - |
| NATIONALUM | National Aluminium Co. | 74.07 kCr | 20.05 kCr | +17.30% | +113.50% | 10.97 | 3.69 | - | - |
| HINDCOPPER | Hindustan Copper | 55.52 kCr | 3.58 kCr | +18.80% | +141.30% | 48.91 | 15.52 | - | - |
Comprehensive comparison against sector averages
HINDALCO metrics compared to Non
| Category | HINDALCO | Non |
|---|---|---|
| PE | 14.33 | 15.07 |
| PS | 0.80 | 1.67 |
| Growth | 20.2 % | 22 % |
Hindalco Industries is a leading company in the aluminum sector, with its stock ticker listed as HINDALCO. It boasts a substantial market capitalization of Rs. 141,272.1 Crores and operates on a global scale, producing and selling aluminum and copper products.
The company consists of several segments: Novelis, Aluminium Upstream, Aluminium Downstream, and Copper. Its wide range of aluminum products includes:
These products serve various industries, including automotive, construction, aerospace, electrical, pharmaceuticals, and consumer durables.
In addition to aluminum, Hindalco produces copper products like copper cathodes and continuous cast copper rods. These products cater to industries such as agrochemical, automotive, and electric vehicle sectors.
Hindalco also has a diverse range of other offerings, including:
Founded in 1958 and based in Mumbai, India, Hindalco has reported a trailing 12-month revenue of Rs. 231,970 Crores, with a remarkable revenue growth of 28.3% over the past three years.
The company is committed to delivering value to its investors, offering a dividend yield of 1.01% per year, with a distribution of Rs. 6.5 per share in the last 12 months. Hindalco has also established several brand names for its products, including Hindalco Extrusions, Everlast, Freshwrapp, and Birla Balwan, among others.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
HINDALCO vs Non (2021 - 2026)