Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Aluminum

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. The company operates through Novelis, Aluminium Upstream, Aluminium Downstream, and Copper segments. It offers fine and reactive alumina; primary aluminum in the form of ingots, billets, and wire rods; aluminum flat rolled products (FRP), including sheets, stocks, plates, coils, and circles; aluminum extrusions; and aluminum foil and packaging solutions for use in the automotive and transport, building and construction, aerospace and defense, electrical and electronics, pharmaceuticals and packaging, consumer durables and kitchenware, and white goods industries, as well as industrial applications. The company also provides coarse alumina hydrate for use in alum, poly aluminum chloride, zeolites, aluminum fluoride, sodium aluminate, glass, catalysts, and aluminum hydroxide gel; fine alumina hydrates; and calcined alumina for use in ceramics, refractories, polishing, and flame retardants. In addition, it offers copper products, including copper cathodes and continuous cast copper rods that are used in the agrochemical, automotive and transport, consumer durable, electrical equipment, railway, wire and cable, and electric vehicle and renewables industries; and precious metals comprising gold and silver bars, as well as selenium powder. Further, the company operates an all-weather jetty in the Gulf of Khambhat on the west coast of India; produces di-ammonium phosphate and nitrogen phosphorus potassium complexes; and offers phosphoric acid, phosphogypsum, sulfuric acid, copper slag, and aluminum fluoride. It offers its aluminum extrusion products under the Hindalco extrusions, Maxloader, Eternia, and Totalis brands; aluminum FRP under the Everlast brand; aluminum foils under the Freshwrapp and Superwrap brands; and copper products under the Birla Balwan brand. The company was incorporated in 1958 and is based in Mumbai, India.

Revenue projections:

Revenue projections for HINDALCO
Revenue projections for HINDALCO

Hindalco Industries Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 1.556000
forwardPE 9.003752
debtToEquity 53.056000
earningsGrowth 0.672000
revenueGrowth 0.159000
grossMargins 0.331880
operatingMargins 0.115240
trailingEps 71.900000
forwardEps 0.000000

With a current ratio of 1.556, HINDALCO has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that HINDALCO is in a strong position to meet its immediate financial obligations without difficulty.
HINDALCO's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.

Price projections:

Price projections for HINDALCO
Price projections for HINDALCO

Over time, price projections for Hindalco Industries Limited have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for Hindalco Industries Limited's continued growth.

Recommendation changes over time:

Recommendations trend for HINDALCO
Recommendations trend for HINDALCO


With analysts showing a buy bias for Hindalco Industries Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Hindalco Industries Limited as a safe and profitable place for investors to allocate their funds and seek growth.