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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 1.556000
forwardPE 9.920972
debtToEquity 53.056000
earningsGrowth 0.672000
revenueGrowth 0.159000
grossMargins 0.331880
operatingMargins 0.115240
trailingEps 71.930000
forwardEps 0.000000

HINDALCO's current ratio being 1.556 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Hindalco Industries Limited's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning Hindalco Industries Limited for continued success in the market.

Price projections:

Price projections for HINDALCO
Price projections for HINDALCO

Over time, HINDALCO's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.

Recommendation changes over time:

Recommendations trend for HINDALCO
Recommendations trend for HINDALCO


HINDALCO has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see HINDALCO as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.