View ValuationHindalco Industries 향후 성장Future 기준 점검 1/6Hindalco Industries (는) 각각 연간 12% 및 9.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.2% 로 예상됩니다.핵심 정보12.0%이익 성장률11.07%EPS 성장률Metals and Mining 이익 성장17.3%매출 성장률9.4%향후 자기자본이익률12.24%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트분석 기사 • Feb 15Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...분석 기사 • Nov 12Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearLast week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...분석 기사 • Aug 15Hindalco Industries Limited Just Missed Earnings - But Analysts Have Updated Their ModelsHindalco Industries Limited ( NSE:HINDALCO ) came out with its quarterly results last week, and we wanted to see how...Price Target Changed • May 28Price target increased by 10% to ₹729Up from ₹662, the current price target is an average from 23 analysts. New target price is 7.1% above last closing price of ₹681. Stock is up 65% over the past year. The company is forecast to post earnings per share of ₹61.44 for next year compared to ₹45.71 last year.모든 업데이트 보기Recent updates공시 • Mar 23Hindalco Industries Limited to Report Q4, 2026 Results on May 22, 2026Hindalco Industries Limited announced that they will report Q4, 2026 results on May 22, 2026분석 기사 • Feb 15Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...Reported Earnings • Feb 13Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹9.23 (down from ₹16.82 in 3Q 2025). Revenue: ₹665.2b (up 14% from 3Q 2025). Net income: ₹20.5b (down 45% from 3Q 2025). Profit margin: 3.1% (down from 6.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year.분석 기사 • Jan 12Hindalco Industries (NSE:HINDALCO) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...공시 • Dec 29Hindalco Industries Limited to Report Q3, 2026 Results on Feb 12, 2026Hindalco Industries Limited announced that they will report Q3, 2026 results on Feb 12, 2026분석 기사 • Dec 12Do Hindalco Industries' (NSE:HINDALCO) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • Nov 27Earnings Working Against Hindalco Industries Limited's (NSE:HINDALCO) Share PriceWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") above 26x, you may consider...분석 기사 • Nov 12Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearLast week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...New Risk • Nov 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 11Second quarter 2026 earnings: EPS in line with expectations, revenues disappointSecond quarter 2026 results: EPS: ₹21.35 (up from ₹17.59 in 2Q 2025). Revenue: ₹660.6b (up 14% from 2Q 2025). Net income: ₹47.4b (up 21% from 2Q 2025). Profit margin: 7.2% (up from 6.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year.공시 • Oct 20Hindalco Industries Limited Announces Change in ManagementThe Board of Directors of Hindalco Industries Limited, based on the recommendation of the Nomination and Remuneration Committee, considered the following changes to the `Senior Management Personnel' of the Company: Resignation of Mr. Nilesh Koul, CEO Aluminium Downstream (effective from the closing of business hours on October 31, 2025); Appointment of Ms. Kopal Agrawal as CEO Aluminium Downstream [from Chief Procurement Officer] (effective November 1, 2025) and Appointment of Mr. Abhishek Mohla as Chief Procurement Officer (effective November 1, 2025). Nilesh Koul: Resigned from the services of the Company to pursue opportunities outside Aditya Birla Group. Kopal Agrawal: Currently Chief Procurement Officer at Hindalco, will move in the role of CEO Aluminium Downstream. Ms. Agrawal has over 20 years of experience in Operations, Strategy & Planning and Procurement. Prior to joining the Aditya Birla Group, Ms. Agrawal worked with Schlumberger Ltd., where her 15- year tenure was marked by a steady progression across a variety of roles in India and abroad. She is a Chemical Engineer and has completed Masters in Management Studies from BITS Pilani in 2003. Abhishek Mohla: Currently, Chief Sales and Marketing Officer - Copper Business, will assume the role of Chief Procurement Officer. Mr. Mohla joined the Aditya Birla Group at Birla Copper as Area Sales Manager in 2006 and has subsequently taken over various roles in Sales & Marketing in the Copper Business. In his current role, Mr. Mohla spearheads policy advocacy for copper and has been driving downstream expansion across emerging segments like Railways & Metro, Power Transformers, Solar Modules, E-mobility etc. Abhishek completed his Mechanical Engineering degree from MD University.분석 기사 • Oct 15Hindalco Industries (NSE:HINDALCO) Is Experiencing Growth In Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...분석 기사 • Sep 30Is Hindalco Industries (NSE:HINDALCO) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...공시 • Sep 26Hindalco Industries Limited to Report Q2, 2026 Results on Nov 07, 2025Hindalco Industries Limited announced that they will report Q2, 2026 results on Nov 07, 2025분석 기사 • Aug 15Hindalco Industries Limited Just Missed Earnings - But Analysts Have Updated Their ModelsHindalco Industries Limited ( NSE:HINDALCO ) came out with its quarterly results last week, and we wanted to see how...New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 30Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹72.05 (up from ₹45.71 in FY 2024). Revenue: ₹2.38t (up 10% from FY 2024). Net income: ₹160.0b (up 58% from FY 2024). Profit margin: 6.7% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.분석 기사 • Jul 25Hindalco Industries' (NSE:HINDALCO) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Hindalco Industries Limited ( NSE:HINDALCO ) has announced that it will be paying its dividend of ₹5.00 on...Declared Dividend • Jul 24Dividend increased to ₹5.00Dividend of ₹5.00 is 43% higher than last year. Ex-date: 8th August 2025 Payment date: 20th September 2025 Dividend yield will be 0.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jul 23Hindalco Industries Limited, Annual General Meeting, Aug 21, 2025Hindalco Industries Limited, Annual General Meeting, Aug 21, 2025, at 15:00 Indian Standard Time.공시 • Jun 27Hindalco Industries Limited to Report Q1, 2026 Results on Aug 12, 2025Hindalco Industries Limited announced that they will report Q1, 2026 results on Aug 12, 2025Buy Or Sell Opportunity • Jun 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.2% to ₹697. The fair value is estimated to be ₹578, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 1.6% per annum over the same time period.분석 기사 • Jun 25There's Been No Shortage Of Growth Recently For Hindalco Industries' (NSE:HINDALCO) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...분석 기사 • Jun 10Hindalco Industries (NSE:HINDALCO) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 21Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹72.05 (up from ₹45.71 in FY 2024). Revenue: ₹2.38t (up 10% from FY 2024). Net income: ₹160.0b (up 58% from FY 2024). Profit margin: 6.7% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹562, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Metals and Mining industry in India. Negligible returns to shareholders over past three years.공시 • Mar 28Hindalco Industries Limited to Report Q4, 2025 Results on May 20, 2025Hindalco Industries Limited announced that they will report Q4, 2025 results on May 20, 2025공시 • Feb 14Hindalco Industries Limited to Report Q3, 2025 Results on Feb 13, 2025Hindalco Industries Limited announced that they will report Q3, 2025 results on Feb 13, 2025Reported Earnings • Feb 14Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: ₹16.82 (up from ₹10.50 in 3Q 2024). Revenue: ₹583.9b (up 11% from 3Q 2024). Net income: ₹37.4b (up 60% from 3Q 2024). Profit margin: 6.4% (up from 4.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Feb 14Hindalco Industries Limited Announces CFO ChangesHindalco Industries Limited announced that Mr. Praveen Kumar Maheshwari shall relinquish his position as the CFO with effect from closing of business hours on March 31, 2025. The Board at its Meeting held February 13, 2025 based on the recommendation of the Audit Committee and Nomination and Remuneration Committee has appointed Mr. Bharat Goenka [currently CFO-Designate] as the CFO and KMP of the Company with effect from April 1, 2025. Mr. Bharat Goenka, aged 48, joined the Company in September 2024, and has gone through a detailed induction program involving travel to 23 of the Company's manufacturing and mining locations. He is a seasoned finance professional with over 25 years of experience, majority of which was at Hindustan Unilever Ltd. (HUL). His leadership experience includes stints as CFO-Mahindra & Mahindra's Automobile Division, CFO-Vedanta's Aluminium & Power Division and Finance Director-Unilever North America. He is a Chartered Accountant with articleship from Price Waterhouse.Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹17.59 (vs ₹9.88 in 2Q 2024)Second quarter 2025 results: EPS: ₹17.59 (up from ₹9.88 in 2Q 2024). Revenue: ₹582.0b (up 7.4% from 2Q 2024). Net income: ₹39.1b (up 78% from 2Q 2024). Profit margin: 6.7% (up from 4.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Nov 07Now 21% undervaluedOver the last 90 days, the stock has risen 4.0% to ₹648. The fair value is estimated to be ₹820, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.공시 • Oct 17Hindalco Industries Limited Announces Executive ChangesHindalco Industries Limited announced that the Board of Directors, based on the recommendations of Nomination and Remuneration Committee, approved the following additions to the Senior Management Personnel of the Company effective December 1, 2024: Mr. Sameer Nayak [Cluster Head- Renukoot Unit and Renusagar Unit] and Mr. Senthil Nath [Unit Head- Mahan Aluminium]. The aforesaid is consequent to renunciation of office [due to superannuation] by Mr. Narisetty Nagesh, [Head: Renukoot Unit, Renusagar Unit & Mahan Aluminium Unit] by the closing hours of November 30, 2024. Mr. Nagesh Narisetty, currently Head- Renukoot Cluster and Senior Management Personnel of the Company, is moving out due to superannuation. Sameer, a mechanical engineer by qualification, through the Group Manufacturing Leadership Program at Mahan Aluminium. He has worked in multiple roles across Hindalco in power plant operations & maintenance and Unit leadership. He has made significant contributions to the business, across the company's operations including production volume, productivity & purity at Aditya Aluminium. Senthil, a metallurgy engineer by qualification, joined ABG in Renukoot. He has worked in multiple roles in the Renukoot Cluster, including as Plant Head Smelter and in Unit leadership.Buy Or Sell Opportunity • Oct 14Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to ₹743. The fair value is estimated to be ₹931, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.공시 • Sep 27Hindalco Industries Limited to Report Q2, 2025 Results on Nov 11, 2024Hindalco Industries Limited announced that they will report Q2, 2025 results on Nov 11, 2024Buy Or Sell Opportunity • Sep 23Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ₹691. The fair value is estimated to be ₹866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.Buy Or Sell Opportunity • Sep 02Now 21% undervaluedOver the last 90 days, the stock has risen 5.4% to ₹684. The fair value is estimated to be ₹870, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.공시 • Aug 29Hindalco Industries Limited Announces Cessation of Kailash Nath Bhandari as Independent DirectorHindalco Industries Limited announced that Mr. Kailash Nath Bhandari, ceases to be an Independent Director of the Company from the closure of business hours of August 29, 2024, on completion of his second term of five years.공시 • Aug 23Hindalco Industries Limited Announces Askaran Agarwala Declines Re-Election as DirectorHindalco Industries Limited announced that Mr. Askaran Agarwala, a Non-Executive Director of the Company, liable to retire by rotation at 65th Annual General Meeting held on August 22, 2024, has not offered himself for re-appointment. Accordingly, Mr. Askaran Agarwala retires as a Director, effective August 22, 2024.New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Aug 05Upcoming dividend of ₹3.50 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 27 August 2024. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.6%).Reported Earnings • Jul 31Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹45.71 (up from ₹45.42 in FY 2023). Revenue: ₹2.16t (down 3.2% from FY 2023). Net income: ₹101.6b (flat on FY 2023). Profit margin: 4.7% (up from 4.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.공시 • Jul 22Hindalco Industries Limited, Annual General Meeting, Aug 22, 2024Hindalco Industries Limited, Annual General Meeting, Aug 22, 2024, at 15:00 Indian Standard Time.Declared Dividend • Jul 21Dividend increased to ₹3.50Dividend of ₹3.50 is 17% higher than last year. Ex-date: 9th August 2024 Payment date: 27th August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 29Hindalco Industries Limited to Report Q1, 2025 Results on Aug 13, 2024Hindalco Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024Price Target Changed • May 28Price target increased by 10% to ₹729Up from ₹662, the current price target is an average from 23 analysts. New target price is 7.1% above last closing price of ₹681. Stock is up 65% over the past year. The company is forecast to post earnings per share of ₹61.44 for next year compared to ₹45.71 last year.Reported Earnings • May 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹45.71 (up from ₹45.42 in FY 2023). Revenue: ₹2.17t (down 2.6% from FY 2023). Net income: ₹101.6b (flat on FY 2023). Profit margin: 4.7% (up from 4.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.7%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.공시 • May 25Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2024Hindalco Industries Limited recommended a dividend of INR 3.5 per equity share of INR 1 each for the year ended March 31, 2024, subject to the approval of Shareholders at the upcoming Annual General Meeting of the Company.공시 • Mar 21Hindalco Industries Limited Approves Appointment of Arun Adhikari as an Independent DirectorHindalco Industries Limited announced that the shareholders approved appointment of Mr. Arun Adhikari as an independent director.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹10.50 (vs ₹6.13 in 3Q 2023)Third quarter 2024 results: EPS: ₹10.50 (up from ₹6.13 in 3Q 2023). Revenue: ₹528.1b (flat on 3Q 2023). Net income: ₹23.3b (up 71% from 3Q 2023). Profit margin: 4.4% (up from 2.6% in 3Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹9.88 (vs ₹9.92 in 2Q 2023)Second quarter 2024 results: EPS: ₹9.88 (down from ₹9.92 in 2Q 2023). Revenue: ₹546.3b (down 2.7% from 2Q 2023). Net income: ₹22.0b (flat on 2Q 2023). Profit margin: 4.0% (up from 3.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 19Hindalco Industries Limited Announces Resignation of Mr. Anant Maheshwari as DirectorHindalco Industries Limited announced that, Mr. Anant Maheshwari has tendered his resignation as an Independent Director of the Company effective from October 18, 2023, due to personal reasons.Upcoming Dividend • Aug 07Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 14 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (7.4%).Reported Earnings • Jul 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹45.42 (down from ₹63.85 in FY 2022). Revenue: ₹2.23t (up 14% from FY 2022). Net income: ₹101.0b (down 29% from FY 2022). Profit margin: 4.5% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.공시 • Jun 30Hindalco Industries Limited to Report Q1, 2024 Results on Aug 08, 2023Hindalco Industries Limited announced that they will report Q1, 2024 results on Aug 08, 2023Reported Earnings • May 25Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹45.42 (down from ₹63.85 in FY 2022). Revenue: ₹2.24t (up 15% from FY 2022). Net income: ₹101.0b (down 29% from FY 2022). Profit margin: 4.5% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year.공시 • May 25Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2023Hindalco Industries Limited recommended a dividend of INR 3 per equity share of INR 1 each for the year ended March 31, 2023, subject to the approval of Shareholders at the ensuing Annual General Meeting of the Company.공시 • May 13Hindalco Industries Limited to Report Q4, 2023 Results on May 24, 2023Hindalco Industries Limited announced that they will report Q4, 2023 results on May 24, 2023Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: ₹6.13 (vs ₹16.46 in 3Q 2022)Third quarter 2023 results: EPS: ₹6.13 (down from ₹16.46 in 3Q 2022). Revenue: ₹535.2b (up 6.5% from 3Q 2022). Net income: ₹13.6b (down 63% from 3Q 2022). Profit margin: 2.5% (down from 7.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.공시 • Jan 28Hindalco Industries Limited to Report Q3, 2023 Results on Feb 09, 2023Hindalco Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Non Executive Director Anant Maheshwari was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹9.92 (vs ₹15.41 in 2Q 2022)Second quarter 2023 results: EPS: ₹9.92 (down from ₹15.41 in 2Q 2022). Revenue: ₹561.8b (up 18% from 2Q 2022). Net income: ₹22.1b (down 36% from 2Q 2022). Profit margin: 3.9% (down from 7.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 04Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 22 September 2022. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (7.0%).Reported Earnings • Aug 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹63.85 (up from ₹23.30 in FY 2021). Revenue: ₹1.95t (up 48% from FY 2021). Net income: ₹142.0b (up 174% from FY 2021). Profit margin: 7.3% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 4.6% decline forecast for the mining industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹336, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Metals and Mining industry in India. Total returns to shareholders of 76% over the past three years.Reported Earnings • May 28Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹63.85 (up from ₹23.30 in FY 2021). Revenue: ₹1.95t (up 48% from FY 2021). Net income: ₹142.0b (up 174% from FY 2021). Profit margin: 7.3% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 6.3%, compared to a 7.8% growth forecast for the mining industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측NSEI:HINDALCO - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20293,681,727227,62144,002N/A43/31/20283,171,376210,20564,322N/A233/31/20272,978,796196,390-53,775N/A253/31/20262,641,929152,325-57,108N/A2612/31/20252,617,010160,770N/AN/AN/A9/30/20252,535,700177,63026,230250,180N/A6/30/20252,457,150169,310N/AN/AN/A3/31/20252,384,960160,01037,610244,100N/A12/31/20242,296,000138,920N/AN/AN/A9/30/20242,240,180124,88085,430262,550N/A6/30/20242,199,840107,750N/AN/AN/A3/31/20242,159,620101,55083,280240,560N/A12/31/20232,158,25093,920N/AN/AN/A9/30/20232,161,68084,23078,240209,790N/A6/30/20232,181,75084,320N/AN/AN/A3/31/20232,232,020100,97094,710192,080N/A12/31/20222,231,090115,460N/AN/AN/A9/30/20222,202,300138,440101,220167,530N/A6/30/20222,117,190150,660N/AN/AN/A3/31/20221,950,590142,010114,120168,380N/A12/31/20211,798,020122,860N/AN/AN/A9/30/20211,644,880106,470114,840168,290N/A6/30/20211,480,60090,050N/AN/AN/A3/31/20211,320,08051,820116,670172,320N/A12/31/20201,207,96039,060N/AN/AN/A9/30/20201,150,35029,46065,140128,430N/A6/30/20201,134,55021,350N/AN/AN/A3/31/20201,181,44037,67058,280127,450N/A12/31/20191,225,71342,757N/AN/AN/A9/30/20191,265,87346,097N/A117,405N/A6/30/20191,294,36950,839N/AN/AN/A3/31/20191,305,42054,960N/A119,770N/A3/31/20181,151,82860,829N/A108,977N/A3/31/20171,001,83818,997N/A126,875N/A3/31/2016987,589-7,725N/A116,877N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: HINDALCO 의 연간 예상 수익 증가율(12%)이 saving rate(6.9%)보다 높습니다.수익 vs 시장: HINDALCO 의 연간 수익(12%)이 Indian 시장(16.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: HINDALCO 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: HINDALCO 의 수익(연간 9.4%)이 Indian 시장(연간 10.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: HINDALCO 의 수익(연간 9.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: HINDALCO의 자본 수익률은 3년 후 12.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:18종가2026/05/22 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hindalco Industries Limited는 61명의 분석가가 다루고 있습니다. 이 중 25명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rajesh Majumdar360 ONE Capital Market Private LimitedSatyadeep JainAmbit CapitalParthiv JhonsaAnand Rathi Shares and Stock Brokers Limited58명의 분석가 더 보기
분석 기사 • Feb 15Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...
분석 기사 • Nov 12Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearLast week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...
분석 기사 • Aug 15Hindalco Industries Limited Just Missed Earnings - But Analysts Have Updated Their ModelsHindalco Industries Limited ( NSE:HINDALCO ) came out with its quarterly results last week, and we wanted to see how...
Price Target Changed • May 28Price target increased by 10% to ₹729Up from ₹662, the current price target is an average from 23 analysts. New target price is 7.1% above last closing price of ₹681. Stock is up 65% over the past year. The company is forecast to post earnings per share of ₹61.44 for next year compared to ₹45.71 last year.
공시 • Mar 23Hindalco Industries Limited to Report Q4, 2026 Results on May 22, 2026Hindalco Industries Limited announced that they will report Q4, 2026 results on May 22, 2026
분석 기사 • Feb 15Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...
Reported Earnings • Feb 13Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹9.23 (down from ₹16.82 in 3Q 2025). Revenue: ₹665.2b (up 14% from 3Q 2025). Net income: ₹20.5b (down 45% from 3Q 2025). Profit margin: 3.1% (down from 6.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year.
분석 기사 • Jan 12Hindalco Industries (NSE:HINDALCO) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
공시 • Dec 29Hindalco Industries Limited to Report Q3, 2026 Results on Feb 12, 2026Hindalco Industries Limited announced that they will report Q3, 2026 results on Feb 12, 2026
분석 기사 • Dec 12Do Hindalco Industries' (NSE:HINDALCO) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • Nov 27Earnings Working Against Hindalco Industries Limited's (NSE:HINDALCO) Share PriceWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") above 26x, you may consider...
분석 기사 • Nov 12Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearLast week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...
New Risk • Nov 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 11Second quarter 2026 earnings: EPS in line with expectations, revenues disappointSecond quarter 2026 results: EPS: ₹21.35 (up from ₹17.59 in 2Q 2025). Revenue: ₹660.6b (up 14% from 2Q 2025). Net income: ₹47.4b (up 21% from 2Q 2025). Profit margin: 7.2% (up from 6.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year.
공시 • Oct 20Hindalco Industries Limited Announces Change in ManagementThe Board of Directors of Hindalco Industries Limited, based on the recommendation of the Nomination and Remuneration Committee, considered the following changes to the `Senior Management Personnel' of the Company: Resignation of Mr. Nilesh Koul, CEO Aluminium Downstream (effective from the closing of business hours on October 31, 2025); Appointment of Ms. Kopal Agrawal as CEO Aluminium Downstream [from Chief Procurement Officer] (effective November 1, 2025) and Appointment of Mr. Abhishek Mohla as Chief Procurement Officer (effective November 1, 2025). Nilesh Koul: Resigned from the services of the Company to pursue opportunities outside Aditya Birla Group. Kopal Agrawal: Currently Chief Procurement Officer at Hindalco, will move in the role of CEO Aluminium Downstream. Ms. Agrawal has over 20 years of experience in Operations, Strategy & Planning and Procurement. Prior to joining the Aditya Birla Group, Ms. Agrawal worked with Schlumberger Ltd., where her 15- year tenure was marked by a steady progression across a variety of roles in India and abroad. She is a Chemical Engineer and has completed Masters in Management Studies from BITS Pilani in 2003. Abhishek Mohla: Currently, Chief Sales and Marketing Officer - Copper Business, will assume the role of Chief Procurement Officer. Mr. Mohla joined the Aditya Birla Group at Birla Copper as Area Sales Manager in 2006 and has subsequently taken over various roles in Sales & Marketing in the Copper Business. In his current role, Mr. Mohla spearheads policy advocacy for copper and has been driving downstream expansion across emerging segments like Railways & Metro, Power Transformers, Solar Modules, E-mobility etc. Abhishek completed his Mechanical Engineering degree from MD University.
분석 기사 • Oct 15Hindalco Industries (NSE:HINDALCO) Is Experiencing Growth In Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
분석 기사 • Sep 30Is Hindalco Industries (NSE:HINDALCO) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
공시 • Sep 26Hindalco Industries Limited to Report Q2, 2026 Results on Nov 07, 2025Hindalco Industries Limited announced that they will report Q2, 2026 results on Nov 07, 2025
분석 기사 • Aug 15Hindalco Industries Limited Just Missed Earnings - But Analysts Have Updated Their ModelsHindalco Industries Limited ( NSE:HINDALCO ) came out with its quarterly results last week, and we wanted to see how...
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 30Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹72.05 (up from ₹45.71 in FY 2024). Revenue: ₹2.38t (up 10% from FY 2024). Net income: ₹160.0b (up 58% from FY 2024). Profit margin: 6.7% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
분석 기사 • Jul 25Hindalco Industries' (NSE:HINDALCO) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Hindalco Industries Limited ( NSE:HINDALCO ) has announced that it will be paying its dividend of ₹5.00 on...
Declared Dividend • Jul 24Dividend increased to ₹5.00Dividend of ₹5.00 is 43% higher than last year. Ex-date: 8th August 2025 Payment date: 20th September 2025 Dividend yield will be 0.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 23Hindalco Industries Limited, Annual General Meeting, Aug 21, 2025Hindalco Industries Limited, Annual General Meeting, Aug 21, 2025, at 15:00 Indian Standard Time.
공시 • Jun 27Hindalco Industries Limited to Report Q1, 2026 Results on Aug 12, 2025Hindalco Industries Limited announced that they will report Q1, 2026 results on Aug 12, 2025
Buy Or Sell Opportunity • Jun 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.2% to ₹697. The fair value is estimated to be ₹578, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 1.6% per annum over the same time period.
분석 기사 • Jun 25There's Been No Shortage Of Growth Recently For Hindalco Industries' (NSE:HINDALCO) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
분석 기사 • Jun 10Hindalco Industries (NSE:HINDALCO) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 21Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹72.05 (up from ₹45.71 in FY 2024). Revenue: ₹2.38t (up 10% from FY 2024). Net income: ₹160.0b (up 58% from FY 2024). Profit margin: 6.7% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹562, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Metals and Mining industry in India. Negligible returns to shareholders over past three years.
공시 • Mar 28Hindalco Industries Limited to Report Q4, 2025 Results on May 20, 2025Hindalco Industries Limited announced that they will report Q4, 2025 results on May 20, 2025
공시 • Feb 14Hindalco Industries Limited to Report Q3, 2025 Results on Feb 13, 2025Hindalco Industries Limited announced that they will report Q3, 2025 results on Feb 13, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: ₹16.82 (up from ₹10.50 in 3Q 2024). Revenue: ₹583.9b (up 11% from 3Q 2024). Net income: ₹37.4b (up 60% from 3Q 2024). Profit margin: 6.4% (up from 4.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Feb 14Hindalco Industries Limited Announces CFO ChangesHindalco Industries Limited announced that Mr. Praveen Kumar Maheshwari shall relinquish his position as the CFO with effect from closing of business hours on March 31, 2025. The Board at its Meeting held February 13, 2025 based on the recommendation of the Audit Committee and Nomination and Remuneration Committee has appointed Mr. Bharat Goenka [currently CFO-Designate] as the CFO and KMP of the Company with effect from April 1, 2025. Mr. Bharat Goenka, aged 48, joined the Company in September 2024, and has gone through a detailed induction program involving travel to 23 of the Company's manufacturing and mining locations. He is a seasoned finance professional with over 25 years of experience, majority of which was at Hindustan Unilever Ltd. (HUL). His leadership experience includes stints as CFO-Mahindra & Mahindra's Automobile Division, CFO-Vedanta's Aluminium & Power Division and Finance Director-Unilever North America. He is a Chartered Accountant with articleship from Price Waterhouse.
Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹17.59 (vs ₹9.88 in 2Q 2024)Second quarter 2025 results: EPS: ₹17.59 (up from ₹9.88 in 2Q 2024). Revenue: ₹582.0b (up 7.4% from 2Q 2024). Net income: ₹39.1b (up 78% from 2Q 2024). Profit margin: 6.7% (up from 4.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Nov 07Now 21% undervaluedOver the last 90 days, the stock has risen 4.0% to ₹648. The fair value is estimated to be ₹820, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
공시 • Oct 17Hindalco Industries Limited Announces Executive ChangesHindalco Industries Limited announced that the Board of Directors, based on the recommendations of Nomination and Remuneration Committee, approved the following additions to the Senior Management Personnel of the Company effective December 1, 2024: Mr. Sameer Nayak [Cluster Head- Renukoot Unit and Renusagar Unit] and Mr. Senthil Nath [Unit Head- Mahan Aluminium]. The aforesaid is consequent to renunciation of office [due to superannuation] by Mr. Narisetty Nagesh, [Head: Renukoot Unit, Renusagar Unit & Mahan Aluminium Unit] by the closing hours of November 30, 2024. Mr. Nagesh Narisetty, currently Head- Renukoot Cluster and Senior Management Personnel of the Company, is moving out due to superannuation. Sameer, a mechanical engineer by qualification, through the Group Manufacturing Leadership Program at Mahan Aluminium. He has worked in multiple roles across Hindalco in power plant operations & maintenance and Unit leadership. He has made significant contributions to the business, across the company's operations including production volume, productivity & purity at Aditya Aluminium. Senthil, a metallurgy engineer by qualification, joined ABG in Renukoot. He has worked in multiple roles in the Renukoot Cluster, including as Plant Head Smelter and in Unit leadership.
Buy Or Sell Opportunity • Oct 14Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to ₹743. The fair value is estimated to be ₹931, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
공시 • Sep 27Hindalco Industries Limited to Report Q2, 2025 Results on Nov 11, 2024Hindalco Industries Limited announced that they will report Q2, 2025 results on Nov 11, 2024
Buy Or Sell Opportunity • Sep 23Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ₹691. The fair value is estimated to be ₹866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
Buy Or Sell Opportunity • Sep 02Now 21% undervaluedOver the last 90 days, the stock has risen 5.4% to ₹684. The fair value is estimated to be ₹870, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
공시 • Aug 29Hindalco Industries Limited Announces Cessation of Kailash Nath Bhandari as Independent DirectorHindalco Industries Limited announced that Mr. Kailash Nath Bhandari, ceases to be an Independent Director of the Company from the closure of business hours of August 29, 2024, on completion of his second term of five years.
공시 • Aug 23Hindalco Industries Limited Announces Askaran Agarwala Declines Re-Election as DirectorHindalco Industries Limited announced that Mr. Askaran Agarwala, a Non-Executive Director of the Company, liable to retire by rotation at 65th Annual General Meeting held on August 22, 2024, has not offered himself for re-appointment. Accordingly, Mr. Askaran Agarwala retires as a Director, effective August 22, 2024.
New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Aug 05Upcoming dividend of ₹3.50 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 27 August 2024. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.6%).
Reported Earnings • Jul 31Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹45.71 (up from ₹45.42 in FY 2023). Revenue: ₹2.16t (down 3.2% from FY 2023). Net income: ₹101.6b (flat on FY 2023). Profit margin: 4.7% (up from 4.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
공시 • Jul 22Hindalco Industries Limited, Annual General Meeting, Aug 22, 2024Hindalco Industries Limited, Annual General Meeting, Aug 22, 2024, at 15:00 Indian Standard Time.
Declared Dividend • Jul 21Dividend increased to ₹3.50Dividend of ₹3.50 is 17% higher than last year. Ex-date: 9th August 2024 Payment date: 27th August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 29Hindalco Industries Limited to Report Q1, 2025 Results on Aug 13, 2024Hindalco Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024
Price Target Changed • May 28Price target increased by 10% to ₹729Up from ₹662, the current price target is an average from 23 analysts. New target price is 7.1% above last closing price of ₹681. Stock is up 65% over the past year. The company is forecast to post earnings per share of ₹61.44 for next year compared to ₹45.71 last year.
Reported Earnings • May 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹45.71 (up from ₹45.42 in FY 2023). Revenue: ₹2.17t (down 2.6% from FY 2023). Net income: ₹101.6b (flat on FY 2023). Profit margin: 4.7% (up from 4.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.7%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
공시 • May 25Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2024Hindalco Industries Limited recommended a dividend of INR 3.5 per equity share of INR 1 each for the year ended March 31, 2024, subject to the approval of Shareholders at the upcoming Annual General Meeting of the Company.
공시 • Mar 21Hindalco Industries Limited Approves Appointment of Arun Adhikari as an Independent DirectorHindalco Industries Limited announced that the shareholders approved appointment of Mr. Arun Adhikari as an independent director.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹10.50 (vs ₹6.13 in 3Q 2023)Third quarter 2024 results: EPS: ₹10.50 (up from ₹6.13 in 3Q 2023). Revenue: ₹528.1b (flat on 3Q 2023). Net income: ₹23.3b (up 71% from 3Q 2023). Profit margin: 4.4% (up from 2.6% in 3Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹9.88 (vs ₹9.92 in 2Q 2023)Second quarter 2024 results: EPS: ₹9.88 (down from ₹9.92 in 2Q 2023). Revenue: ₹546.3b (down 2.7% from 2Q 2023). Net income: ₹22.0b (flat on 2Q 2023). Profit margin: 4.0% (up from 3.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 19Hindalco Industries Limited Announces Resignation of Mr. Anant Maheshwari as DirectorHindalco Industries Limited announced that, Mr. Anant Maheshwari has tendered his resignation as an Independent Director of the Company effective from October 18, 2023, due to personal reasons.
Upcoming Dividend • Aug 07Upcoming dividend of ₹3.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 14 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (7.4%).
Reported Earnings • Jul 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹45.42 (down from ₹63.85 in FY 2022). Revenue: ₹2.23t (up 14% from FY 2022). Net income: ₹101.0b (down 29% from FY 2022). Profit margin: 4.5% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
공시 • Jun 30Hindalco Industries Limited to Report Q1, 2024 Results on Aug 08, 2023Hindalco Industries Limited announced that they will report Q1, 2024 results on Aug 08, 2023
Reported Earnings • May 25Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹45.42 (down from ₹63.85 in FY 2022). Revenue: ₹2.24t (up 15% from FY 2022). Net income: ₹101.0b (down 29% from FY 2022). Profit margin: 4.5% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year.
공시 • May 25Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2023Hindalco Industries Limited recommended a dividend of INR 3 per equity share of INR 1 each for the year ended March 31, 2023, subject to the approval of Shareholders at the ensuing Annual General Meeting of the Company.
공시 • May 13Hindalco Industries Limited to Report Q4, 2023 Results on May 24, 2023Hindalco Industries Limited announced that they will report Q4, 2023 results on May 24, 2023
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: ₹6.13 (vs ₹16.46 in 3Q 2022)Third quarter 2023 results: EPS: ₹6.13 (down from ₹16.46 in 3Q 2022). Revenue: ₹535.2b (up 6.5% from 3Q 2022). Net income: ₹13.6b (down 63% from 3Q 2022). Profit margin: 2.5% (down from 7.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
공시 • Jan 28Hindalco Industries Limited to Report Q3, 2023 Results on Feb 09, 2023Hindalco Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Non Executive Director Anant Maheshwari was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹9.92 (vs ₹15.41 in 2Q 2022)Second quarter 2023 results: EPS: ₹9.92 (down from ₹15.41 in 2Q 2022). Revenue: ₹561.8b (up 18% from 2Q 2022). Net income: ₹22.1b (down 36% from 2Q 2022). Profit margin: 3.9% (down from 7.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 04Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 22 September 2022. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (7.0%).
Reported Earnings • Aug 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹63.85 (up from ₹23.30 in FY 2021). Revenue: ₹1.95t (up 48% from FY 2021). Net income: ₹142.0b (up 174% from FY 2021). Profit margin: 7.3% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 4.6% decline forecast for the mining industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹336, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Metals and Mining industry in India. Total returns to shareholders of 76% over the past three years.
Reported Earnings • May 28Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹63.85 (up from ₹23.30 in FY 2021). Revenue: ₹1.95t (up 48% from FY 2021). Net income: ₹142.0b (up 174% from FY 2021). Profit margin: 7.3% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 6.3%, compared to a 7.8% growth forecast for the mining industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.