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

Investors may react cautiously to news that HINDALCO's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.47500
forwardPE 11.87022
debtToEquity 57.57100
earningsGrowth 0.21400
revenueGrowth 0.13500
grossMargins 0.32225
operatingMargins 0.10318
trailingEps 79.83000
forwardEps 80.05749

With a current ratio of 1.475, 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 Industries Limited's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
Positive earnings and revenue growth for HINDALCO point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
HINDALCO's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that HINDALCO is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for HINDALCO
Price projections for HINDALCO

Over time, price projections for HINDALCO have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in HINDALCO's ability to deliver strong results and achieve higher market value.

Recommendation changes over time:

Recommendations trend for HINDALCO
Recommendations trend for HINDALCO


The recent buy bias for HINDALCO from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see HINDALCO as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.