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Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is alsoengaged in the manufacturing of aluminium sheet, extrusion and light gauge products for use in packaging markets like beverage and food, can and foil products, etc.[1]
Business Segments1) Novelis (59% in 9M FY25 vs 65% in FY22):[1][2]The subsidiary, Novelis is theleading producer of flat-rolled aluminum products and the world’s largest recycler of aluminum. It offers solutions to diverse industries, including beverage cans, automobiles, aerospace, and specialty markets such as foil packaging, transportation products, etc. The segment reported a total shipment of 2,800 KT in 9M FY25 vs 2,722 KT in 9M FY24.[3][4]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Hindalco Inds. | 810.80 | 25.46 | 182082.44 | 0.62 | 2266.00 | 19.83 | 24780.00 | 11.31 | 12.87 | 97936.00 | 12.81 | 7152.00 | 2266.00 | 2.49 | 5.84 | 0.18 |
| 2. | Natl. Aluminium | 269.25 | 8.09 | 49460.59 | 3.90 | 1429.94 | 36.71 | 4292.34 | 7.27 | 43.96 | 18029.33 | 46.89 | 6112.97 | 1429.94 | 2.49 | 25.01 | 0.00 |
| 3. | Arfin India | 59.71 | 141.89 | 1007.44 | 0.18 | 2.45 | -5.04 | 127.94 | -14.20 | 13.97 | 570.54 | 5.87 | 7.10 | 2.45 | 6.30 | 2.91 | 0.93 |
| 4. | Maan Aluminium | 153.55 | 53.66 | 831.22 | 0.00 | 5.77 | 12.48 | 191.08 | -6.99 | 12.13 | 830.22 | 3.06 | 15.49 | 5.77 | 4.44 | 6.83 | 0.44 |
| 5. | MMP Industries | 254.65 | 15.93 | 646.88 | 0.79 | 7.01 | 20.24 | 187.68 | 29.59 | 14.32 | 762.49 | 7.96 | 40.60 | 7.01 | 2.02 | 7.97 | 0.54 |
| 6. | PG Foils | 179.20 | 30.11 | 211.36 | 0.00 | -8.03 | -217.06 | 73.55 | -26.65 | 9.40 | 418.57 | 1.89 | 7.02 | -8.03 | 0.62 | 5.68 | 0.26 |
| 7. | Jainik Power | 130.00 | 17.05 | 186.52 | 0.00 | 6.17 | 38.03 | 184.58 | 14.43 | 40.18 | 374.96 | 4.33 | 10.94 | 6.17 | 2.42 | 17.32 | 0.24 |
| – | Median: 8 Co. | 166.38 | 25.14 | 739.05 | 0.23 | 5.97 | 16.16 | 186.13 | 0.14 | 13.42 | 666.51 | 6.92 | 13.21 | 5.97 | 2.46 | 6.33 | 0.35 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 18,382 | 18,983 | 19,995 | 19,904 | 20,676 | 20,289 | 22,140 | 22,155 | 22,262 | 23,776 | 25,116 | 24,264 | 24,780 |
Expenses | 17,005 | 17,640 | 18,220 | 18,343 | 18,920 | 18,326 | 19,920 | 19,406 | 19,513 | 21,112 | 22,117 | 21,126 | 21,040 |
Operating Profit | 1,377 | 1,343 | 1,775 | 1,561 | 1,756 | 1,963 | 2,220 | 2,749 | 2,749 | 2,664 | 2,999 | 3,138 | 3,740 |
Other Income | 190 | 137 | 166 | 213 | 199 | 133 | 179 | 155 | 825 | 140 | 209 | 313 | 250 |
Profit before tax | 796 | 707 | 1,095 | 940 | 1,128 | 1,296 | 1,631 | 2,161 | 2,848 | 2,064 | 2,449 | 2,724 | 3,252 |
Tax % | 31% | 30% | 24% | 36% | 25% | 35% | 13% | 32% | 34% | 29% | 36% | 32% | 30% |
Net Profit | 548 | 498 | 832 | 600 | 847 | 838 | 1,412 | 1,471 | 1,891 | 1,463 | 1,561 | 1,862 | 2,266 |
EPS in Rs | 2.44 | 2.22 | 3.70 | 2.67 | 3.77 | 3.73 | 6.28 | 6.55 | 8.41 | 6.51 | 6.95 | 8.29 | 10.08 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 27,851 | 34,525 | 34,271 | 36,937 | 42,809 | 45,749 | 40,242 | 42,701 | 67,653 | 76,878 | 83,009 | 93,309 | 97,936 |
Expenses | 25,372 | 31,103 | 30,916 | 32,125 | 37,685 | 41,503 | 36,578 | 38,607 | 56,455 | 69,456 | 75,509 | 82,148 | 85,395 |
Operating Profit | 2,479 | 3,423 | 3,355 | 4,812 | 5,124 | 4,246 | 3,664 | 4,094 | 11,198 | 7,422 | 7,500 | 11,161 | 12,541 |
Other Income | 741 | 299 | 968 | 1,092 | 623 | 940 | 675 | 657 | 428 | 627 | 724 | 1,329 | 912 |
Interest | 712 | 1,637 | 2,390 | 2,323 | 1,901 | 1,683 | 1,679 | 1,469 | 1,417 | 1,300 | 1,268 | 939 | 820 |
Depreciation | 823 | 837 | 1,282 | 1,428 | 1,617 | 1,693 | 1,708 | 1,708 | 1,752 | 1,874 | 1,961 | 2,029 | 2,144 |
Profit before tax | 1,685 | 1,247 | 651 | 2,153 | 2,229 | 1,810 | 952 | 1,574 | 8,457 | 4,875 | 4,995 | 9,522 | 10,489 |
Net Profit | 1,413 | 925 | 552 | 1,557 | 1,436 | 1,205 | 620 | 993 | 5,507 | 3,326 | 3,697 | 6,387 | 7,152 |
EPS in Rs | 6.85 | 4.48 | 2.67 | 6.94 | 6.40 | 5.37 | 2.76 | 4.42 | 24.51 | 14.80 | 16.45 | 28.42 | 31.83 |
Dividend Payout % | 15% | 22% | 37% | 16% | 19% | 22% | 36% | 67% | 16% | 20% | 21% | 17% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 206 | 207 | 207 | 223 | 223 | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 222 |
Reserves | 36,526 | 37,049 | 41,955 | 47,110 | 49,228 | 48,336 | 45,272 | 49,842 | 54,206 | 58,267 | 63,485 | 69,984 | 73,054 |
Borrowings | 27,020 | 29,007 | 28,676 | 27,150 | 20,297 | 19,534 | 23,367 | 20,240 | 19,421 | 13,071 | 8,376 | 11,903 | 12,841 |
Other Liabilities | 10,018 | 9,739 | 9,604 | 12,153 | 12,981 | 13,410 | 11,197 | 17,643 | 25,208 | 25,362 | 24,953 | 26,818 | 32,546 |
Total Liabilities | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 108,927 | 118,663 |
Fixed Assets | 18,055 | 26,060 | 32,243 | 34,384 | 34,364 | 33,523 | 33,368 | 32,390 | 32,300 | 32,103 | 33,214 | 34,036 | 35,573 |
Gross Block | 26,804 | 35,434 | 43,303 | 46,742 | 48,264 | 48,839 | 50,257 | 51,041 | 52,507 | 53,703 | 56,422 | 58,933 | – |
Accumulated Depreciation | 8,749 | 9,374 | 11,060 | 12,358 | 13,900 | 15,316 | 16,889 | 18,651 | 20,207 | 21,600 | 23,208 | 24,897 | – |
CWIP | 17,277 | 10,744 | 3,079 | 712 | 737 | 982 | 1,282 | 1,709 | 1,581 | 2,987 | 4,040 | 7,675 | 7,020 |
Investments | 21,907 | 21,251 | 27,321 | 29,332 | 27,025 | 25,494 | 24,639 | 31,731 | 29,655 | 29,766 | 29,735 | 33,991 | 34,411 |
Other Assets | 16,531 | 17,946 | 17,799 | 22,207 | 20,603 | 21,503 | 20,769 | 22,117 | 35,521 | 32,066 | 30,047 | 33,225 | 41,659 |
Total Assets | 73,770 | 76,001 | 80,442 | 86,635 | 82,729 | 81,502 | 80,058 | 87,947 | 99,057 | 96,922 | 97,036 | 108,927 | 118,663 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 2,031 | 1,029 | 3,641 | 5,898 | 4,414 | 3,171 | 2,786 | 5,564 | 5,208 | 4,836 | 8,112 | 8,890 |
Cash from Investing Activity | -3,403 | -318 | -1,050 | -1,229 | 2,287 | -811 | -2,244 | -3,486 | -1,937 | -1,481 | 312 | -7,432 |
Cash from Financing Activity | 1,601 | -842 | -2,931 | -584 | -9,188 | -2,657 | 1,181 | -4,306 | -869 | -6,290 | -8,036 | -1,401 |
Net Cash Flow | 230 | -131 | -341 | 4,085 | -2,487 | -297 | 1,723 | -2,228 | 2,402 | -2,935 | 388 | 57 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17 | 19 | 21 | 19 | 15 | 17 | 19 | 14 | 14 | 12 | 11 | 12 |
Inventory Days | 178 | 152 | 158 | 169 | 157 | 153 | 179 | 219 | 189 | 152 | 126 | 131 |
Days Payable | 87 | 63 | 74 | 89 | 81 | 77 | 64 | 121 | 99 | 73 | 57 | 61 |
Cash Conversion Cycle | 107 | 108 | 105 | 98 | 91 | 93 | 135 | 112 | 104 | 91 | 79 | 82 |
Working Capital Days | 21 | 25 | 44 | -35 | 28 | 33 | 7 | 6 | -2 | 34 | 34 | 27 |
ROCE % | 4% | 5% | 4% | 6% | 6% | 4% | 4% | 3% | 14% | 8% | 9% | 13% |
Direct from BSE filings, auto-summarised
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