Whalesbook
India Operations Ka Toofani Performance!
Hindalco ki India waali company ne sach mein dhamaka kar diya hai! Latest results mein, March quarter mein sabse zyada revenue aur profit kamaya hai. Profits mein 11% ka jump dekhne ko mila, jo ₹3,549 crore ho gaya. Revenue toh 34% badh kar ₹35,016 crore pahunch gaya. Earnings before interest, tax, depreciation, and amortization (EBITDA) bhi 17% badh kar ₹6,610 crore ho gaya. Poore fiscal year ki baat karein toh India business ka EBITDA ₹22,671 crore ke historic level par pahunch gaya. Yeh sab domestic demand aur company ki strategy ka asar hai.
Consolidated Figures Par Novelis Ka Saya
Ab baat karte hain consolidated numbers ki. March quarter mein net profit 51% gir kar ₹2,597 crore ho gaya. Iska reason hai Novelis ke Oswego plant mein lagi aag, jisse kaafi loss hua. Lekin, ek taraf jahan profit gira, wahi doosri taraf consolidated revenue 20% badh kar ₹78,133 crore par pahunch gaya, jo ki all-time high hai. Consolidated EBITDA bhi 9% badh kar ₹11,197 crore ke record level par pahuncha hai. Poore fiscal year mein consolidated revenue ₹2,74,944 crore aur EBITDA ₹38,097 crore raha, dono hi record hain. Company keh rahi hai ki Novelis plant jald hi start ho jayega.
Valuation aur Market Mein Kya Chal Raha Hai?
Hindalco ka P/E ratio lagbhag 14.6 hai, jo metals sector ke hisaab se theek lag raha hai. Company ki market cap ₹2.47 lakh crore ke aas paas hai. Stock ka performance pichhle ek saal mein 70.76% raha hai, jo Sensex se kaafi achha hai. Lekin haal hi mein kuch analysts ne rating ko 'Buy' se 'Hold' kar diya hai.
Debt Aur Margin Ki Chinta
India operations toh achhi chal rahi hain, par consolidated level par debt thoda badha hai. Net debt to EBITDA ratio 1.8x ho gaya hai, jo pichhle saal 1.1x tha. Isse balance sheet par pressure aa sakta hai. Kuch analysts jaise InCred ne bhi aluminum prices ke outlook ko dekhte hue rating kam ki hai. Novelis ke liye electricity cost bhi zyada hai, jisse unka EBITDA per tonne kam reh sakta hai. Zyada capital expenditure ki wajah se leverage badh sakta hai.
Analysts Kya Keh Rahe Hain?
Analysts ki rai abhi mili-juli hai. Kuch ne aluminum prices aur debt ko dekh kar rating 'Hold' ya 'Reduce' kar diya hai, jabki kuch abhi bhi 'Buy' rating de rahe hain. 18 analysts ka average target price lagbhag ₹963.89 hai, jo current price se thoda kam lag raha hai. Company ko umeed hai ki Oswego plant jaldi start ho jayega aur Bay Minette cold mill 2026 ke second half mein start ho sakta hai.