Asia300

Hindalco Industries Ltd.

India

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Mar 24, 2017
Prev close: 194.35
Mar 24, 2017
Market cap:
Market cap(USD):
435,969.81M
6,665.05M
Shares: 2,243.21M

Currency in INR

Company profile

Market(Ticker): BOM(500440)
Sector:
Industry:
Non-Energy Minerals
Aluminum
Full time employees: 24,118

Business summary

Hindalco Industries Ltd. engages in the production and marketing of aluminium and copper products. The company operates it business through the following business segments: Aluminium and Copper. The Aluminium segment provides hydrate and alumina, aluminium and aluminium products. The Copper segment produces continuous cast copper rods, copper cathode, sulfuric acid, dystrophin-associated protein and complexes, and gold & silver. The company was founded by Ghanshyam Das Birla on December 15, 1958 and is headquartered in Mumbai, India.

Company background

Hindalco Industries, a major nonferrous metal producer in India, is the nucleus of the Aditya Birla Group, a principal successor of Birla Group, one of the country's three largest conglomerates. The company's main business is aluminum smelting and the manufacture of aluminum and copper products. With operations in more than 30 countries, most of its sales come from outside India.

Created in 1958, Hindalco opened an aluminum plant in the state of Uttar Pradesh in northern India in 1962. The head and founder of Birla Group, Ghanshyam das Birla, established Hindalco to move into the metals sector. After G.D. Birla died, the group was split into a number of companies, and Hindalco was taken over by one of these, Aditya Birla Group, which inherited the key businesses of its parent. The Aditya Birla Group, which has been led by Kumar Mangalam Birla since 1995, bought Novelis, a major U.S. producer of rolled aluminum products, in 2007 for $6 billion, significantly raising the group's profile in the global market for rolled aluminum.

The founding family and companies it owns control around 40% of Hindalco shares, with K. M. Birla serving as chairman.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 994,195.3M
Gross profit 135,871.7M
Operating income 36,745M
Income before tax 941.7M
Net income 2,033.2M
EBITDA 78,010.60M
Diluted EPS 0.98
Dividends per share 1
Total assets 1,456.98B
Total liabilities 1,068.96B
Total equity 384,138M
Operating cash flow 58,342.9M

Currency in INR

Revenue 15,185.31M
Gross profit 2,075.30M
Operating income 561.24M
Income before tax 14.38M
Net income 31.05M
EBITDA 1,191.53M
Diluted EPS 0.01
Dividends per share 0.01
Total assets 22,001.37M
Total liabilities 16,141.94M
Total equity 5,800.71M
Operating cash flow 891.12M

Currency in USD

Valuation measures

Mar 2016

PER 89.69
ROA 0.13%
ROE 0.52%
Operating margin 3.69%
Profit margin 0.20%

Key executive

  • Managing Director & Executive Director: Satish Pai
  • President, Secretary & Compliance Officer: Anil Kishan Kumar Malik
  • President-Operations: B. Arun Kumar
  • Chief Financial Officer & Head-Investor Relations: Praveen Kumar Maheshwari
  • Chief Marketing Officer-Aluminium: Sachin Yeshawant Satpute

Share holders

  • IGH Holdings Pvt Ltd.(16.9%)
  • Life Insurance Corp. of India(11.2%)
  • Aditya Birla Group(11.0%)
  • Grasim Industries Ltd.(2.6%)
  • Aditya Birla Nuvo Ltd.(1.6%)
  • Dimensional Fund Advisors LP(1.5%)
  • BlackRock Fund Advisors(1.4%)
  • Pilani Investment & Industries Corp. Ltd.(1.4%)
  • GIC Pte Ltd. (Investment Management)(1.3%)
  • The Vanguard Group, Inc.(1.3%)

Address

  • Website: http://www.hindalco.com
  • Address: Century Bhavan, Dr. Annie Besant Road, Mumbai, 400030, India
  • Phone: +91.22.66626666

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