Metals & Mining · NIFTY 50

Hindalco Industries Limited

NSEHINDALCO BSE500440 ISININE038A01020 SeriesEQ Listed on NSE · BSE

₹964.00 +1.70 (+0.18%) Updated 12 Nov, 8:49 pm IST

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Price, daily close+15.28% in a year

Today

Open: ₹959.00
Prev close: ₹962.30
Day high: ₹971.00
Day low: ₹953.70
Volume: 1.28 Cr
Value traded: ₹1,232.94 Cr
Upper circuit: ₹991.95
Lower circuit: ₹934.25
52W high: ₹1,176.00
52W low: ₹770.15
1 month: +7.67%
6 months: -6.36%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹214,008 Cr

P/E (TTM)11.18

P/B1.34

Book value / share₹719.22

EPS (TTM)₹86.24

ROE12.0%

Dividend yield0.52%

Dividend (12m)₹5.00 / share

Net margin (TTM)6.0%

Operating margin14.3%

Debt / equity0.69

Current ratio1.28

EV / EBITDA8.66

Sales growth (YoY qtr)+38.83%

Profit growth (YoY qtr)+58.87%

Sales CAGR 3Y+7.20%

Profit CAGR 3Y+9.87%

Shares222.00 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

52,8082,331

Dec 23

55,9943,174

Mar 24

57,0133,074

Jun 24

58,2033,909

Sep 24

58,3903,735

Dec 24

64,8905,283

Mar 25

64,2324,004

Jun 25

66,0584,741

Sep 25

66,5212,049

Dec 25

78,1332,597

Mar 26

84,8257,013

Jun 26

91,7087,532

Sep 26

Revenue · QoQ (vs last quarter)

—+6.0%+1.8%+2.1%+0.3%+11%-1.0%+2.8%+0.7%+17%+8.6%+8.1%

Revenue · YoY (vs a year ago)

————+11%+16%+13%+13%+14%+20%+32%+39%

Net profit · QoQ (vs last quarter)

—+36%-3.2%+27%-4.5%+41%-24%+18%-57%+27%+170%+7.4%

Net profit · YoY (vs a year ago)

————+60%+66%+30%+21%-45%-51%+75%+59%

RevenueNet profitLine = trend

10.49

Dec 23

14.27

Mar 24

13.81

Jun 24

17.56

Sep 24

16.79

Dec 24

23.76

Mar 25

18.00

Jun 25

21.32

Sep 25

9.21

Dec 25

11.67

Mar 26

31.51

Jun 26

33.85

Sep 26

EPS (₹) · YoY (vs a year ago)

————+60%+67%+30%+21%-45%-51%+75%+59%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	52,808	55,994	57,013	58,203	58,390	64,890	64,232	66,058	66,521	78,133	84,825	91,708
Other income	280	362	424	1,075	509	700	602	713	549	1,025	1,057	943
Total income	53,088	56,356	57,437	59,278	58,899	65,590	64,834	66,771	67,070	79,158	85,882	92,651
Raw material	31,373	32,758	35,369	36,333	34,536	39,842	43,543	42,754	47,455	55,890	60,499	60,090
Purchases	704	131	317	626	152	101	486	477	426	89.0	99.0	110
Employee cost	3,845	3,756	3,877	3,799	3,800	3,930	4,253	4,121	4,349	4,425	4,725	4,600
Other expenses	10,864	11,178	11,538	10,733	11,541	12,524	11,124	11,384	11,679	11,687	12,451	13,107
Total expenses	49,761	52,219	52,261	53,121	53,563	59,046	59,160	60,050	61,628	71,532	74,196	82,351
Operating profit	5,865	6,681	7,173	7,369	7,542	8,842	7,906	8,784	5,384	5,847	11,633	13,098
OPM %	11.1%	11.9%	12.6%	12.7%	12.9%	13.6%	12.3%	13.3%	8.1%	7.5%	13.7%	14.3%
Finance cost	944	888	859	869	817	874	754	803	881	1,042	966	933
Depreciation	1,874	2,018	1,892	1,932	1,939	2,118	2,080	2,155	2,220	2,375	2,337	2,524
Exceptional items	—	—	-330	-514	-41.0	6.0	—	-182	-2,610	-4,171	-2,299	284
Profit before tax	3,327	4,137	4,846	5,643	5,295	6,550	5,674	6,539	2,832	3,455	9,387	10,584
Tax	997	962	1,774	1,734	1,561	1,266	1,672	1,799	780	854	2,380	3,061
Net profit	2,331	3,174	3,074	3,909	3,735	5,284	4,004	4,741	2,049	2,597	7,013	7,533
Profit to shareholders	2,331	3,174	3,074	3,909	3,735	5,283	4,004	4,741	2,049	2,597	7,013	7,532
EPS (₹)	10.49	14.27	13.81	17.56	16.79	23.76	18.00	21.32	9.21	11.67	31.51	33.85

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

1.31L15,5115,496

FY19

1.18L14,0223,767

FY20

1.32L17,0443,483

FY21

1.95L28,92913,730

FY22

2.23L22,70710,097

FY23

2.16L23,89310,155

FY24

2.38L30,92616,001

FY25

2.75L27,92113,391

FY26

Revenue · YoY (vs a year ago)

—-9.5%+12%+48%+14%-3.2%+10%+15%

Net profit · YoY (vs a year ago)

—-31%-7.5%+294%-26%+0.6%+58%-16%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	130,542	118,144	131,985	195,059	223,202	215,962	238,496	274,944
Other income	1,127	1,186	1,222	1,136	1,257	1,496	2,708	2,889
Total expenses	123,587	113,126	124,815	177,209	211,268	203,469	217,991	252,370
Employee cost	9,043	8,832	10,782	11,936	13,063	14,778	15,406	17,148
Operating profit	15,511	14,022	17,044	28,929	22,707	23,893	30,926	27,921
OPM %	11.9%	11.9%	12.9%	14.8%	10.2%	11.1%	13.0%	10.2%
Finance cost	3,778	4,197	3,738	3,768	3,646	3,858	3,419	3,480
Depreciation	4,777	5,091	6,628	6,729	7,086	7,521	7,881	8,830
Profit before tax	8,083	5,920	7,900	19,568	13,232	14,010	22,334	18,500
Tax	2,588	2,157	2,723	5,373	3,144	3,857	6,335	5,105
Tax rate %	32.0%	36.4%	34.5%	27.5%	23.8%	27.5%	28.4%	27.6%
Net profit	5,495	3,767	3,483	13,730	10,097	10,155	16,002	13,391
Profit to shareholders	5,496	3,767	—	13,730	10,097	10,155	16,001	13,391
Net margin %	4.2%	3.2%	2.6%	7.0%	4.5%	4.7%	6.7%	4.9%
EPS (₹)	24.66	16.93	15.65	61.65	45.36	45.65	71.91	60.20

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

94,80658,33512,840

Mar 23

1.06L54,50111,816

Mar 24

1.24L61,9319,808

Mar 25

1.37L96,65914,350

Mar 26

1.60L1.11L13,028

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+12%+17%+10%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	94,806	106,146	123,709	136,583	159,666
Long-term borrowings	51,434	47,395	56,217	75,595	81,014
Short-term borrowings	6,901	7,106	5,714	21,064	29,514
Total borrowings	58,335	54,501	61,931	96,659	110,528
Current liabilities	60,457	59,351	65,516	116,509	118,016
Fixed assets (PPE)	78,530	79,698	84,237	94,217	95,683
Inventories	42,958	40,812	48,801	75,517	86,413
Trade receivables	16,214	16,404	19,834	27,222	28,110
Cash & equivalents	12,840	11,816	9,808	14,350	13,028
Current assets	89,260	82,299	101,901	140,871	151,266
Total assets	224,817	231,907	265,991	347,795	378,713
Debt / equity	0.62	0.51	0.50	0.71	0.69

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

16,838-7,074-6,765

FY22

19,208-8,121-10,345

FY23

24,056-14,276-10,817

FY24

24,410-24,739-1,816

FY25

10,250-26,58320,087

FY26

Operations · YoY (vs a year ago)

—+14%+25%+1.5%-58%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	16,838	19,208	24,056	24,410	10,250
Cash from investing	-7,074	-8,121	-14,276	-24,739	-26,583
Cash from financing	-6,765	-10,345	-10,817	-1,816	20,087
Spent on fixed assets	-5,426	-9,842	-15,728	-20,649	-30,096
Free cash flow	11,412	9,366	8,328	3,761	-19,846
Net cash flow	2,999	742	-1,037	-2,145	3,754

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

34.6%Dec 23

34.6%Mar 24

34.6%Jun 24

34.6%Sep 24

34.6%Dec 24

34.6%Mar 25

34.6%Jun 25

34.6%Sep 25

34.6%Dec 25

34.6%Mar 26

34.7%Jun 26

34.7%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

34.7%promoter

Promoter & group: 34.66%
Public (FIIs, mutual funds, retail…): 64.85%
Employee trusts: 0.48%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Rs 5 Per ShareEx 10-Jul-2026
Dividend - Rs 5 Per ShareEx 08-Aug-2025
Annual General Meeting/Dividend - Rs 3.5 Per ShareEx 09-Aug-2024
Annual General Meeting/Dividend - Rs 3 Per ShareEx 14-Aug-2023
Annual General Meeting/Dividend - Rs 4 Per ShareEx 11-Aug-2022
Annual General Meeting/Dividend - Rs 3 Per ShareEx 12-Aug-2021
Annual General Meeting/Dividend - Re 1 Per ShareEx 03-Sep-2020
Annual General Meeting/Dividend - Rs 1.20 Per ShareEx 14-Aug-2019

Board meetings

HINDALCO INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited …06-Nov-2026
the Unaudited Standalone and Consolidated financial results of the Company for the quarter ending September 30, 202606-Nov-2026
HINDALCO INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 07-Aug-2026 to inter-alia consider and approve the Unaudited …07-Aug-2026
the unaudited Standalone and Consolidated financial results for the quarter ending Jun 30, 202607-Aug-2026
the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.22-May-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates12 Nov
Analysts/Institutional Investor Meet/Con. Call Updates11 Nov
Analysts/Institutional Investor Meet/Con. Call Updates11 Nov
Copy of Newspaper Publication7 Nov
Analysts/Institutional Investor Meet/Con. Call Updates6 Nov
Investor Presentation6 Nov
Press Release6 Nov

Latest news

Hindalco shares slip 0.3%; brokerages bullish on realisations after Q2 results, but warn about near-term...Moneycontrol.com · 11 Nov, 9:49 am Hindalco shares near ₹958 as analysts back stock post Q2 beatBusinessLine · 11 Nov, 1:49 pm Hindalco shares: Brokerages stick to 'Buy' calls; Elara, Axis trim targets, Nuvama upgradesBusiness Today · 11 Nov, 10:00 am HINDALCO Outlook for the WeekEquitypandit · 8 Nov, 1:30 pm Hindalco trades near ₹958 as analysts back stock post Q2 beatTradingView · 12 Nov, 7:53 am Hindalco Industries' shares jump 2% post update on aluminium extrusions business; here is what the company saidUpstox · 15 Mar, 12:30 pm Hindalco Industries Limited Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting NextSimply Wall St · 11 Aug, 12:30 pm Hindalco Shares Correct 13% From Peak; InCred Downgrades Stock, Cuts Target PriceNDTV Profit · 17 Feb, 1:30 pm

About

About Hindalco Industries Limited

Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India.

From Wikipedia (CC BY-SA 4.0).

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Company details

Company name: Hindalco Industries Limited
NSE symbol: HINDALCO
BSE scrip code: 500440
ISIN: INE038A01020
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 8 Jan 1997
Face value: ₹1 per share
Market lot: 1 share
Shares issued: 222.00 crore
Index: NIFTY 50, NIFTY 500
Sector (NSE): Metals & Mining
Industry: Other Metals/Minerals
Managing director / CEO: Satish Pai
Chair: Kumar Mangalam Birla
Headquarters: Mumbai, Maharashtra, India
Registered address: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai, Maharashtra- 400013
Founded: 1958
Employees: 64,396
Financial year: April to March
Results basis: Consolidated
Website: hindalco.com

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Hindalco Industries Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers