Asia300

Hindalco Industries Ltd.

India

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Jul 24, 2017
Prev close: 213.85
Jul 24, 2017
Market cap:
Market cap(USD):
479,767.62M
7,457.91M
Shares: 2,243.47M

Currency in INR

Company profile

Market(Ticker): BOM(500440)
Sector:
Industry:
Non-Energy Minerals
Other Metals/Minerals
Full time employees: --

Business summary

Hindalco Industries Ltd. engages in the production and marketing of aluminium and copper products. It operates through the Aluminium and Copper business segments. 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 and 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 2017

  • Local currency
  • US Dollar
Revenue 1,001.83B
Gross profit 230,042.1M
Operating income 79,901.5M
Income before tax 33,395.3M
Net income 18,992.4M
EBITDA 124,473.9M
Diluted EPS 9.21
Dividends per share 1.1
Total assets 1,465.10B
Total liabilities 1,004.45B
Total equity 460,588M
Operating cash flow --

Currency in INR

Revenue 14,940.07M
Gross profit 3,430.54M
Operating income 1,191.54M
Income before tax 498.01M
Net income 283.22M
EBITDA 1,856.23M
Diluted EPS 0.13
Dividends per share 0.01
Total assets 22,562.64M
Total liabilities 15,468.61M
Total equity 7,093.06M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 21.16
ROA 1.29%
ROE 4.49%
Operating margin 7.97%
Profit margin 1.89%

Key executive

  • Managing Director & Executive Director: Satish Pai
  • President, Secretary & Compliance Officer: Anil Kishan Kumar Malik
  • President-Operations: B. Arun Kumar
  • CFO, Director & Head-Investor Relations: Praveen Kumar Maheshwari
  • Chief Technology Officer: Pradip K. Banerjee

Share holders

  • IGH Holdings Pvt Ltd.(15.5%)
  • Aditya Birla Group(10.1%)
  • Life Insurance Corp. of India(8.3%)
  • Grasim Industries Ltd.(3.9%)
  • ICICI Prudential Asset Management Co. Ltd.(3.2%)
  • Birla Sun Life Asset Management Co. Ltd.(1.9%)
  • BlackRock Fund Advisors(1.5%)
  • The Vanguard Group, Inc.(1.3%)
  • Pilani Investment & Industries Corp. Ltd.(1.3%)
  • Dimensional Fund Advisors LP(1.2%)

Address

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

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