Hindalco Industries Limited

NSEI:HINDALCO Stock Report

Market Cap: ₹2.3t

Hindalco Industries Future Growth

Future criteria checks 1/6

Hindalco Industries is forecast to grow earnings and revenue by 15.4% and 8.1% per annum respectively. EPS is expected to grow by 14.2% per annum. Return on equity is forecast to be 13.8% in 3 years.

Key information

15.4%

Earnings growth rate

14.24%

EPS growth rate

Metals and Mining earnings growth14.8%
Revenue growth rate8.1%
Future return on equity13.85%
Analyst coverage

Good

Last updated25 Aug 2026

Recent future growth updates

Analysis Article • Aug 11

Hindalco Industries Limited Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a good week for Hindalco Industries Limited ( NSE:HINDALCO ) shareholders, because the company has just...
Analysis Article • Feb 15

Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...
Analysis Article • Nov 12

Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...

Recent updates

Analysis Article • Aug 11

Hindalco Industries Limited Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a good week for Hindalco Industries Limited ( NSE:HINDALCO ) shareholders, because the company has just...
Analysis Article • May 30

Investors Can Find Comfort In Hindalco Industries' (NSE:HINDALCO) Earnings Quality

Soft earnings didn't appear to concern Hindalco Industries Limited's ( NSE:HINDALCO ) shareholders over the last week...
Analysis Article • May 27

This Just In: Analysts Are Boosting Their Hindalco Industries Limited (NSE:HINDALCO) Outlook for This Year

Celebrations may be in order for Hindalco Industries Limited ( NSE:HINDALCO ) shareholders, with the analysts...
Analysis Article • Feb 15

Hindalco Industries Limited Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Hindalco Industries Limited ( NSE:HINDALCO ) filed its quarterly result this time...
Analysis Article • Jan 12

Hindalco Industries (NSE:HINDALCO) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Dec 12

Do 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...
Analysis Article • Nov 27

Earnings Working Against Hindalco Industries Limited's (NSE:HINDALCO) Share Price

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 26x, you may consider...
Analysis Article • Nov 12

Hindalco Industries Limited (NSE:HINDALCO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Hindalco Industries Limited ( NSE:HINDALCO ) released its quarterly result to the...
Analysis Article • Oct 15

Hindalco Industries (NSE:HINDALCO) Is Experiencing Growth In Returns On Capital

If 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...
Analysis Article • Sep 30

Is 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...

Earnings and Revenue Growth Forecasts

NSEI:HINDALCO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20293,766,369270,509132,734N/A17
3/31/20283,464,446246,92798,614N/A29
3/31/20273,318,626249,806-26,297N/A28
6/30/20262,955,370164,000N/AN/AN/A
3/31/20262,749,440133,910-198,460102,500N/A
12/31/20252,617,010160,770N/AN/AN/A
9/30/20252,535,700177,63026,230250,180N/A
6/30/20252,457,150169,310N/AN/AN/A
3/31/20252,384,960160,01037,610244,100N/A
12/31/20242,296,000138,920N/AN/AN/A
9/30/20242,240,180124,88085,430262,550N/A
6/30/20242,199,840107,750N/AN/AN/A
3/31/20242,159,620101,55083,280240,560N/A
12/31/20232,158,25093,920N/AN/AN/A
9/30/20232,161,68084,23078,240209,790N/A
6/30/20232,181,75084,320N/AN/AN/A
3/31/20232,232,020100,97094,710192,080N/A
12/31/20222,231,090115,460N/AN/AN/A
9/30/20222,202,300138,440101,220167,530N/A
6/30/20222,117,190150,660N/AN/AN/A
3/31/20221,950,590142,010114,120168,380N/A
12/31/20211,798,020122,860N/AN/AN/A
9/30/20211,644,880106,470114,840168,290N/A
6/30/20211,480,60090,050N/AN/AN/A
3/31/20211,320,08051,820116,670172,320N/A
12/31/20201,207,96039,060N/AN/AN/A
9/30/20201,150,35029,46065,140128,430N/A
6/30/20201,134,55021,350N/AN/AN/A
3/31/20201,181,44037,670N/A127,450N/A
12/31/20191,225,71342,757N/AN/AN/A
9/30/20191,265,87346,097N/A117,405N/A
6/30/20191,294,36950,839N/AN/AN/A
3/31/20191,305,42054,960N/A119,770N/A
3/31/20181,151,82860,829N/A108,977N/A
3/31/20171,001,83818,997N/A126,875N/A
3/31/2016987,589-7,725N/A116,877N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HINDALCO's forecast earnings growth (15.4% per year) is above the savings rate (6.9%).

Earnings vs Market: HINDALCO's earnings (15.4% per year) are forecast to grow slower than the Indian market (16.8% per year).

High Growth Earnings: HINDALCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: HINDALCO's revenue (8.1% per year) is forecast to grow slower than the Indian market (11.3% per year).

High Growth Revenue: HINDALCO's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HINDALCO's Return on Equity is forecast to be low in 3 years time (13.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 11:58
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hindalco Industries Limited is covered by 69 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Rajesh Majumdar360 ONE Capital Market Private Limited
Satyadeep JainAmbit Capital