Hindalco Industries
Market cap ₹1.98 L Cr
- P/E
- 12.02
- Day range
- ₹851.10 – ₹891.65
- 52-week range
- ₹770.15 – ₹1,176.00
- Volume
- 40.52 L
- Open
- ₹862.00
- Prev close
- ₹869.85
Latest results · Q1 FY27(consolidated)Revenue ₹84,825 Cr+32.1%Profit ₹7,013 Cr+75.1%Margin 8.3%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
HINDALCO in NSE indices and F&O
F&O margin for one lot of HINDALCO (700 shares)Research profile
Composite 55 / 100Factor percentiles
Derived metrics
- Earn. yield
- 8.3%
- Graham no.
- ₹1,135.90
- vs Graham
- +28.3%
- ROE ÷ P/B
- 7.2%
- 12-1 mom.
- +28.0%
- Return / vol
- 0.51
- Magic Formula
- #192
- Piotroski
- 1/6
- FCF yield
- -10.2%
Appears in 12 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 27 in Metals| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| JSW SteelJSWSTEEL | ₹3.08 L Cr | 10.83 | 2.56 | 28.4% | 11.0% | 19.0% | 0.62 | +20.7% |
| Tata SteelTATASTEEL | ₹2.12 L Cr | 19.20 | 2.05 | 11.3% | 13.0% | 15.0% | 0.90 | +14.3% |
| Hindustan ZincHINDZINC | ₹2.10 L Cr | 10.08 | 7.00 | 76.9% | 70.0% | 61.0% | 0.22 | +76.5% |
| Hindalco IndustriesHINDALCO | ₹1.98 L Cr | 12.02 | 1.43 | 10.3% | 13.0% | 16.0% | 0.73 | +32.1% |
| Vedanta Aluminium MetalVAML | ₹1.37 L Cr | 35.27 | — | — | — | 48.0% | — | — |
| Jindal Steel & PowerJINDALSTEL | ₹1.06 L Cr | 37.07 | 1.98 | 6.9% | 10.0% | 15.0% | 0.43 | +42.7% |
| Lloyds Metals And EnergyLLOYDSME | ₹1.01 L Cr | 20.96 | 7.24 | 37.7% | 27.0% | 38.0% | 1.49 | +208.5% |
| VedantaVEDL | ₹88,834 Cr | 9.57 | 1.78 | 55.2% | 16.0% | 35.0% | 0.66 | +53.6% |
| Sector median | ₹39,411 Cr | 16.73 | 2.35 | 17.5% | 17.0% | 16.0% | 0.35 | +21.1% |
Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 2d agoHeadlines about Hindalco Industries from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 9.4
- EPS (TTM)
- ₹60.20
- Price / Book
- 1.46
- ROE (FY26)
- 10.3%
- ROCE (latest year)
- 13%
- Dividend yield
- 0.57%
Moving averages (NSE)
- 20-day
- ₹917.59
- Price below
- 50-day
- ₹977.57
- Price below
- 200-day
- ₹981.14
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- FII
- DII
- Public
- Others
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54,169 | 52,808 | 55,994 | 57,013 | 58,203 | 58,390 | 64,890 | 64,232 | 66,058 | 66,521 | 78,133 | 84,825 |
| Expenses | 48,557 | 46,943 | 49,314 | 49,510 | 50,320 | 50,807 | 56,054 | 56,326 | 57,092 | 58,530 | 68,119 | 70,893 |
| Operating Profit | 5,612 | 5,865 | 6,680 | 7,503 | 7,883 | 7,583 | 8,836 | 7,906 | 8,966 | 7,991 | 10,014 | 13,932 |
| OPM % | 10% | 11% | 12% | 13% | 14% | 13% | 14% | 12% | 14% | 12% | 13% | 16% |
| Other Income | 496 | 281 | 362 | 96 | 561 | 469 | 706 | 604 | 532 | -2,061 | -3,146 | -1,236 |
| Interest | 1,034 | 944 | 888 | 859 | 869 | 817 | 874 | 754 | 803 | 881 | 1,042 | 966 |
| Depreciation | 1,843 | 1,874 | 2,018 | 1,892 | 1,932 | 1,939 | 2,118 | 2,080 | 2,155 | 2,220 | 2,375 | 2,337 |
| Profit before tax | 3,231 | 3,328 | 4,136 | 4,848 | 5,643 | 5,296 | 6,550 | 5,676 | 6,540 | 2,829 | 3,451 | 9,393 |
| Tax % | 32% | 30% | 23% | 37% | 31% | 29% | 19% | 29% | 28% | 28% | 25% | 25% |
| Net Profit | 2,196 | 2,331 | 3,174 | 3,074 | 3,909 | 3,735 | 5,284 | 4,004 | 4,741 | 2,049 | 2,597 | 7,013 |
| EPS in Rs | ₹9.77 | ₹10.37 | ₹14.12 | ₹13.68 | ₹17.39 | ₹16.62 | ₹23.51 | ₹17.82 | ₹21.10 | ₹9.12 | ₹11.56 | ₹31.21 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
0 days since Mar 2021
+10 days since Mar 2021
-8 days since Mar 2021
+18 days since Mar 2021
-1 days since Mar 2021
Strengths, risks & growth
Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is also engaged in the manufacturing of aluminium sheet, extrusion and light gauge products for use in packaging markets like beverage and food, can and foil products, etc. [1]
Strengths
- Company has delivered good profit growth of 35.2% CAGR over last 5 years
Risks
- Company has a low return on equity of 12.5% over last 3 years.
- Company might be capitalizing the interest cost
Compounded Sales Growth
- 10 Years
- +11%
- 5 Years
- +16%
- 3 Years
- +7%
- TTM
- +20%
Compounded Profit Growth
- 10 Years
- +78%
- 5 Years
- +35%
- 3 Years
- +19%
- TTM
- +20%
Stock Price CAGR
- 10 Years
- +19%
- 5 Years
- +13%
- 3 Years
- +24%
- 1 Year
- +6%
Return on Equity
- 10 Years
- +11%
- 5 Years
- +13%
- 3 Years
- +13%
- Last Year
- +13%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 34.65% | 34.65% | 34.67% | 34.67% | 0.00 pp |
| FII | 28.16% | 29.96% | 31.41% | 30.17% | -1.24 pp |
| DII | 23.17% | 21.35% | 19.82% | 20.97% | +1.15 pp |
| Government | 0.35% | 0.35% | 0.35% | 0.22% | -0.13 pp |
| Public | 13.16% | 13.21% | 13.26% | 13.46% | +0.20 pp |
| Others | 0.51% | 0.49% | 0.47% | 0.48% | +0.01 pp |
Filed with NSE for Sept 2026: promoters 34.66%, public 64.85% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 10.99% (+0.89 pp)- Promoters34.8%
- Foreign institutions30.3%
- Mutual funds11.0%
- Insurance6.7%
- Other domestic institutions3.3%
- Retail5.0%
- Others8.8%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Kotak Arbitrage Fund | 0.49% | 1.31% | +0.01 pp |
| Mirae Asset Large & Midcap Fund | 0.42% | 1.97% | +1.97 pp |
| ICICI Pru Large & Mid Cap Fund | 0.37% | 2.36% | +0.22 pp |
| Mirae Asset ELSS Tax Saver Fund | 0.29% | 2.40% | +2.40 pp |
| ICICI Pru Balanced Advantage Fund | 0.27% | 0.77% | +0.45 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 28.3%
- Downside volatility
- 31.1%
- Worst 5% of days
- 3.2%
- Average of that tail
- 4.3%
- Max drawdown (1Y)
- 24.3%
- Below its peak
- 24.3%
Against the market
- Beta vs Nifty 50
- 0.82
- Correlation
- 0.38
- Relative strength (3M)
- -3.7%
- ATR (14)
- 2.7%
Return
- Return 1M
- -10.6%
- Return 3M
- -9.0%
- Return 6M
- -16.4%
- Return 1Y
- +14.4%
- vs 200-day average
- -11.3%
Momentum
- RSI (14)
- 32.3
- MACD histogram
- -0.80
- Stochastic %K
- 17.5
- ADX (14)
- 34.4
- +DI / −DI
- 11.3 / 36.1
- Money flow index
- 39.8
Participation
- Delivery (20d avg)
- 57.7%
- vs its 60-day baseline
- +2.1 pts
- Volume vs 20-day
- +3.5σ
- Close vs day's VWAP
- +0.9%
- 52-week position
- 32 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
1 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — failed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- -₹19,846 Cr
- FCF yield
- -10.2%
- Cash conversion
- 0.77
- Accruals ratio
- 0.009
- Net debt
- ₹84,811 Cr
- Net debt / equity
- 0.62
- EV / sales
- 0.95
- Capex intensity
- 10.9%
- Revenue CAGR
- 20.4%
- Profit CAGR
- -50.9%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹875.02
+0.6%
Upper edge (90th percentile)
₹924.19
+6.2%
The marker is the last close, ₹869.85. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹902.62 (+3.8%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹5.00
Dividend - Rs 5 Per Share
10 Jul 2026ex-date - dividend₹5.00
Dividend - Rs 5 Per Share
8 Aug 2025ex-date - dividend₹3.50
Annual General Meeting/Dividend - Rs 3.5 Per Share
9 Aug 2024ex-date - dividend₹3.00
Annual General Meeting/Dividend - Rs 3 Per Share
14 Aug 2023ex-date - dividend₹4.00
Annual General Meeting/Dividend - Rs 4 Per Share
11 Aug 2022ex-date - dividend₹3.00
Annual General Meeting/Dividend - Rs 3 Per Share
12 Aug 2021ex-date - dividendNot available — not reported in this filing
Annual General Meeting/Dividend - Re 1 Per Share
3 Sept 2020ex-date - dividend₹1.20
Annual General Meeting/Dividend - Rs 1.20 Per Share
14 Aug 2019ex-date - dividend₹1.20
Dividend- Rs 1.20 Per Share
12 Sept 2018ex-date - dividend₹1.10
Annual General Meeting/Dividend - Rs 1.10 Per Share
5 Sept 2017ex-date - dividendNot available — not reported in this filing
Dividend - Re 1/- Per Share
6 Sept 2016ex-date - dividendNot available — not reported in this filing
Dividend - Re 1 Per Share
7 Sept 2015ex-date - dividendNot available — not reported in this filing
Annual General Meeting / Dividend - Re 1/- Per Share
8 Sept 2014ex-date - dividend₹1.40
Annual General Meeting And Dividend Rs.1.40 Per Share
30 Aug 2013ex-date - dividend₹1.55
Annual General Meeting/Dividend Rs 1.55 Per Share
31 Aug 2012ex-date - dividend₹1.50
Dividend-Rs.1.50 Per Share
14 Sept 2011ex-date - dividend₹1.35
Dividend-Rs.1.35 Per Share
24 Aug 2010ex-date - dividend₹1.35
Dividend-Rs.1.35 Pr Share
10 Sept 2009ex-date - otherNot available — not reported in this filing
Rhs 3:7@Prem Rs95/Div185%
28 Aug 2008ex-date - otherNot available — not reported in this filing
Agm
23 Jul 2007ex-date
Company announcements
Disclosure regarding ESG Rating of the Company
Newspaper publication of the Public Notice regarding Loss of Share Certificates
Compliance Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
Update on Acquisition
Closure of Trading window for consideration and approval of unaudited standalone and consolidated financial results for the quarter ending September 30, 2026
Hindalco Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Unaudited Standalone and ....
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
Disclosure regarding ESG Rating of the Company.
Intimation regarding investor meeting at the CITIC CLSA 33rd Investor's Forum 2026 to be attended by Company's Representatives
Newspaper Advertisement(s) regarding Notice of Special Window for Re-lodgement of Transfer Requests of Physical Shares
Intimation regarding the investor meeting at the Jefferies 5th India Forum - Investor conference
Intimation regarding the Investor meeting at UBS India Summit 2026- Investor conference to be attended by Hindalco Industries Limited.
Press release enclosed.
Incorporation of UHG Holdings IFSC Private Limited
Newspaper advertisement of public notice regarding the loss of share certificates.
Filed with BSE (scrip 500440); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Rights issue
Hindalco Industries Limited
18 Sept 2008Read on SEBI - Rights issue
Hindalco Industries Limited
25 Nov 2005Read on SEBI - Rights issue
Hindalco Industries Ltd
27 Sept 2005Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- Aug 2026Slides
- May 2026TranscriptSlides
- May 2026Slides
- Feb 2026TranscriptSlides
- Feb 2026Slides
Credit ratings
- Rating update · 12 Oct from care
- Rating update · 2 Apr from crisil
- Rating update · 10 Oct 2025 from care
- Rating update · 2 Jul 2025 from fitch
- Rating update · 2 Apr 2025 from crisil
- Rating update · 10 Oct 2024 from care
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 7 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Hindalco Industries: common questions
Answered from the figures on this page.
