Hindalco Industries
- Market cap
- ₹ 1,93,374 Cr.
- P/E
- 9.6x
- P/B
- 1.45x
- 52-week range
- 770.15 – 1,176
- ROE
- 13%
- ROCE
- 13%
- Dividend yield
- 0.6%
- Debt / equity
- 0.73
- Sector
- Non - Ferrous Metals
- Industry
- Aluminium
- Listed on
- NSE, BSE
About
Hindalco Industries Limited is an India-based metals flagship company. The Company is primarily engaged in the business of manufacturing and distribution of aluminium, copper, and its products across the globe. It operates through four segments: Novelis, Aluminium Upstream, Aluminium Downstream and Copper. The Novelis segment is engaged in producing and selling aluminium sheet and light gauge products and operating in four continents: North America, South America, Europe, and Asia. The Aluminium Upstream segment is engaged in bauxite and coal mining, alumina specials, refineries, metal, and power. The Aluminium Downstream segment includes aluminium value-added products, such as flat rolled products, extrusion, and foils. The Copper segment includes copper cathode, copper rods, precious metals, and di-ammonium phosphate. Its brands include Hindalco PrizTec, Hindalco Ecoedge C, Hindalco Ecoedge G, Hindalco Everlast, Eternia, Freshwrapp, FUSALOX and Totalis.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aluminium: 18 companies →Hindalco Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.6 against a typical 20.8: cheaper than most peers (1st = cheapest).4th of 17
- Sales growth+32.1% against a typical +27.3% from a year earlier.5th of 13
- Profit growth+75.1% against a typical +82.7% from a year earlier.7th of 11
- Share price, 3 months−7.1% against a typical −6.6%.9th of 16
- Size₹ 1,93,373.8 Cr. market value against a typical ₹ 214.7 Cr. (1st = largest).1st of 15
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA+ | Stable | 12 Oct 2026 |
| CRISIL | — | — | 2 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 12 Oct 2026 | Reaffirmed | CARE AA+ | — | CARE | ₹ 57,507.97 Cr. | |
| 2 Apr 2026 | Reaffirmed | — | — | CRISIL | ₹ 2,000 Cr. | |
| 10 Oct 2025 | Reaffirmed | CARE AA+ | — | CARE | ₹ 44,536.63 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Nov 2026Upcoming | Financial Results | To consider and approve the Unaudited Standalone and Consolidated financial results of the Company for the quarter ending September 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the unaudited Standalone and Consolidated financial results for the quarter ending Jun 30, 2026 |
| 22 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and recommend dividend, if any. |
| 12 Feb 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated financial results of the Company for the quarter and nine-months ending December 31, 2025 |
| 7 Nov 2025 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025 |
| 12 Aug 2025 | Other business matters | To consider and approve the Unaudited Standalone and Consolidated financial results of the Company for the quarter ended June 30, 2025. |
| 20 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and recommend dividend if any for the financial year ending March 31, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 21.1 | 9.12 | 11.56 | 31.21 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 16%
- 3 Years
- 7%
- TTM
- 20%
- 10 Years
- 78%
- 5 Years
- 35%
- 3 Years
- 19%
- TTM
- 20%
- 10 Years
- 21%
- 5 Years
- 21%
- 3 Years
- 32%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hindalco Industries | ₹ 893.75 | ₹ 1,93,374 Cr. | 9.6x | 1.5x | 13% | — |
| Hindustan Zinc | ₹ 497.00 | ₹ 2,09,998 Cr. | 15.9x | 9.7x | 76.9% | 33.9% |
| Vedanta | ₹ 226.00 | ₹ 88,375 Cr. | 21.3x | 2x | 22.4% | 14.9% |
| NMDC | ₹ 66.30 | ₹ 58,290 Cr. | 9.8x | 2.2x | 23.4% | 23.1% |
| Hindustan Copper | ₹ 399.40 | ₹ 38,623 Cr. | 47.5x | 14.1x | 30.6% | 29.9% |
| Central Mine Planning & Design Institute Ltd | ₹ 186.90 | ₹ 13,326 Cr. | 29.7x | 8x | — | 26.5% |
Management
- Bharat Goenka
- Chief Financial Officer
- Geetika Anand Talwar
- Compliance Officer, Company Secretary
- Satish Pai
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.