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5004

Hindalco IndustriesBSE:500440 Stock Report

Market Cap

₹1.2t

7D

11.3%

1Y

197.1%

Updated

18 Oct, 2021

Data

Company Financials +
500440 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends4/6

500440 Overview

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally.

Hindalco Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hindalco Industries
Historical stock prices
Current Share Price₹542.95
52 Week High₹165.30
52 Week Low₹551.65
Beta1.27
1 Month Change14.79%
3 Month Change41.62%
1 Year Change197.10%
3 Year Change142.39%
5 Year Change259.69%
Change since IPO737.89%

Recent News & Updates

Shareholder Returns

500440IN Metals and MiningIN Market
7D11.3%11.3%2.8%
1Y197.1%159.3%68.3%

Return vs Industry: 500440 exceeded the Indian Metals and Mining industry which returned 150.3% over the past year.

Return vs Market: 500440 exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 500440's price volatile compared to industry and market?
500440 volatility
500440 Beta1.27
Industry Beta1.22
Market Beta1

Stable Share Price: 500440 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 500440's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195837,500Satish Paihttps://www.hindalco.com

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. It operates through Aluminium, Copper, Novelis, and All Other Segments. The company offers alumina; primary aluminum in the form of ingots, billets, and wire rods; aluminum flat rolled products (FRP); aluminum extrusions; and aluminum foil and packaging solutions for use in the automotive and transport, building and construction, defense, electrical and electronics, pharmaceuticals and packaging, and white goods industries, as well as industrial applications.

Hindalco Industries Fundamentals Summary

How do Hindalco Industries's earnings and revenue compare to its market cap?
500440 fundamental statistics
Market Cap₹1.21t
Earnings (TTM)₹90.05b
Revenue (TTM)₹1.48t

13.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500440 income statement (TTM)
Revenue₹1.48t
Cost of Revenue₹944.60b
Gross Profit₹536.00b
Expenses₹445.95b
Earnings₹90.05b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)40.47
Gross Margin36.20%
Net Profit Margin6.08%
Debt/Equity Ratio101.0%

How did 500440 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

7%

Payout Ratio

Valuation

Is Hindalco Industries undervalued compared to its fair value and its price relative to the market?

13.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500440 (₹542.95) is trading above our estimate of fair value (₹458.8)

Significantly Below Fair Value: 500440 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500440 is poor value based on its PE Ratio (13.4x) compared to the Indian Metals and Mining industry average (12.6x).

PE vs Market: 500440 is good value based on its PE Ratio (13.4x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: 500440's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 500440 is overvalued based on its PB Ratio (1.8x) compared to the IN Metals and Mining industry average (1.7x).


Future Growth

How is Hindalco Industries forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

-1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500440's earnings are forecast to decline over the next 3 years (-1.3% per year).

Earnings vs Market: 500440's earnings are forecast to decline over the next 3 years (-1.3% per year).

High Growth Earnings: 500440's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 500440's revenue (1.8% per year) is forecast to grow slower than the Indian market (12.9% per year).

High Growth Revenue: 500440's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500440's Return on Equity is forecast to be low in 3 years time (14.4%).


Past Performance

How has Hindalco Industries performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500440 has high quality earnings.

Growing Profit Margin: 500440's current net profit margins (6.1%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 500440 has become profitable over the past 5 years, growing earnings by 10% per year.

Accelerating Growth: 500440's earnings growth over the past year (321.8%) exceeds its 5-year average (10% per year).

Earnings vs Industry: 500440 earnings growth over the past year (321.8%) exceeded the Metals and Mining industry 129.5%.


Return on Equity

High ROE: 500440's Return on Equity (13.5%) is considered low.


Financial Health

How is Hindalco Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 500440's short term assets (₹676.3B) exceed its short term liabilities (₹484.9B).

Long Term Liabilities: 500440's short term assets (₹676.3B) do not cover its long term liabilities (₹746.6B).


Debt to Equity History and Analysis

Debt Level: 500440's debt to equity ratio (101%) is considered high.

Reducing Debt: 500440's debt to equity ratio has reduced from 157% to 101% over the past 5 years.

Debt Coverage: 500440's debt is well covered by operating cash flow (25.6%).

Interest Coverage: 500440's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

What is Hindalco Industries's current dividend yield, its reliability and sustainability?

0.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500440's dividend (0.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: 500440's dividend (0.55%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).


Stability and Growth of Payments

Stable Dividend: 500440's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500440's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.4%), 500440's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 500440's dividends in 3 years are forecast to be thoroughly covered by earnings (9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Satish Pai (60 yo)

5.17yrs

Tenure

₹246,316,076

Compensation

Mr. Satish Pai has been the Managing Director of Hindalco Industries Ltd. since August 1, 2016. Mr. Pai has been an Executive Director of Hindalco Industries Ltd.since August 13, 2013. He served as Deputy...


CEO Compensation Analysis

Compensation vs Market: Satish's total compensation ($USD3.28M) is above average for companies of similar size in the Indian market ($USD1.05M).

Compensation vs Earnings: Satish's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500440's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 500440's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 500440 insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hindalco Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hindalco Industries Limited
  • Ticker: 500440
  • Exchange: BSE
  • Founded: 1958
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: ₹1.208t
  • Shares outstanding: 2.23b
  • Website: https://www.hindalco.com

Number of Employees


Location

  • Hindalco Industries Limited
  • Birla Centurion
  • 6th & 7th Floor
  • Mumbai
  • Maharashtra
  • 400030
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.