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 is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 1.556000
forwardPE 9.209464
debtToEquity 53.056000
earningsGrowth 0.672000
revenueGrowth 0.159000
grossMargins 0.331880
operatingMargins 0.115240
trailingEps 71.880000
forwardEps 0.000000

The current ratio for HINDALCO is 1.556, indicating that the company can service its short-term debt using available cash and assets. This suggests HINDALCO has strong liquidity, with more than enough resources to meet its immediate financial commitments.
Hindalco Industries Limited's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that Hindalco Industries Limited is expected to continue expanding its business and boosting its financial performance in the coming periods.

Price projections:

Price projections for HINDALCO
Price projections for HINDALCO

Hindalco Industries Limited's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect Hindalco Industries Limited to continue delivering solid performance in the future.

Recommendation changes over time:

Recommendations trend for HINDALCO
Recommendations trend for HINDALCO


Analysts have shown a buy bias for HINDALCO, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to HINDALCO, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.