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's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.556000
forwardPE 9.761703
debtToEquity 53.056000
earningsGrowth 0.672000
revenueGrowth 0.159000
grossMargins 0.331880
operatingMargins 0.120100
trailingEps 71.940000
forwardEps 0.000000

HINDALCO's current ratio being 1.556 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
HINDALCO's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that HINDALCO will continue to grow its operations, driven by increasing profits and revenue.

Price projections:

Price projections for HINDALCO
Price projections for HINDALCO

Hindalco Industries Limited's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on Hindalco Industries Limited's future growth prospects.

Recommendation changes over time:

Recommendations trend for HINDALCO
Recommendations trend for HINDALCO


Analysts have maintained a buy bias for HINDALCO, which could prompt investors to consider the stock as a viable investment. With this positive outlook, HINDALCO is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.