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Non-Energy Minerals

Hindalco Industries Ltd.

  • 218.60 INR
  • +2.35
  • +1.09%
  • India
    Aug 16, 2018
  • Ticker
    BOM(500440)
  • Prev. close
    216.25
  • Market cap (INR)
    485,541.06M
  • Market cap (USD)
    6,907.06M
  • Shares
    2,245.27M

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.

Business Summary

Hindalco Industries Ltd. engages in the production and marketing of aluminium and copper products. It operates through two segments: Aluminium and Copper. The Aluminium segment manufactures and sells hydrate & alumina, aluminium products. The company's aluminium units across the country encompass the gamut of operations from bauxite mining, alumina refining, coal mining, captive power plants and aluminium smelting to downstream rolling, extrusions and foils. The Copper segment produces continuous cast copper rods, copper cathode, sulfuric acid, dystrophin-associated protein & complexes, gold, silver and other precious metals. The company was founded by Ghanshyam Das Birla on December 15, 1958 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2018 INRUSD
Revenue1,151.71B17,865.47M
Gross Profit245,570.70M3,809.30M
Operating income93,141.30M1,444.81M
Income before tax82,821.30M1,284.72M
Net income60,829.20M943.58M
EBITDA138,203.70M2,143.82M
Diluted EPS27.290.42
Dividends Per Share1.200.01
Total Assets1,476.57B22,639.26M
Total liabilities927,967.10M14,227.89M
Total equity548,517.70M8,410.04M
Operating cash flow----
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 872,279.20M 1,035.37B 987,589.10M 1,001.83B 1,151.71B
Gross Profit 124,401.70M 141,143.60M 132,368M 185,241.40M 245,570.70M
Operating income 38,013.20M 44,400.30M 40,968.20M 83,179M 93,141.30M
Income before tax 26,531.20M 3,402.30M -2,140.90M 33,395.30M 82,821.30M
Net income 21,750.10M 8,542.10M -902.20M 18,992.40M 60,829.20M
EBITDA 71,481.50M 79,334.10M 84,430.10M 127,745.80M 138,203.70M
Diluted EPS 10.91 4.13 -1.22 9.21 27.29
Dividends Per Share 1 1 1 1.10 1.20
Total Assets 1,411.98B 1,470.12B 1,489.09B 1,540.06B 1,476.57B
Total liabilities 988,133.40M 1,077.28B 1,079.21B 1,079.41B 927,967.10M
Total equity 400,318.90M 383,285.40M 406,066.30M 460,588.50M 548,517.70M
Operating cash flow 38,102.20M 25,918.30M 72,813.70M 71,081.30M --
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 14,433.52M 16,933.52M 15,084.41M 14,940.07M 17,865.47M
Gross Profit 2,058.46M 2,308.40M 2,021.78M 2,762.44M 3,809.30M
Operating income 629.00M 726.16M 625.74M 1,240.42M 1,444.81M
Income before tax 439.00M 55.64M -32.70M 498.01M 1,284.72M
Net income 359.89M 139.70M -13.78M 283.22M 943.58M
EBITDA 1,182.79M 1,297.50M 1,289.58M 1,905.03M 2,143.82M
Diluted EPS 0.18 0.06 -0.01 0.13 0.42
Dividends Per Share 0.01 0.01 0.01 0.01 0.01
Total Assets 23,642.46M 23,491.50M 22,486.17M 23,717.05M 22,639.26M
Total liabilities 16,545.41M 17,214.12M 16,296.73M 16,623.02M 14,227.89M
Total equity 6,702.98M 6,124.60M 6,131.84M 7,093.07M 8,410.04M
Operating cash flow 630.47M 423.89M 1,112.15M 1,060.01M --

Valuation Measures

Mar 2018
PER7.84
ROA4.03%
ROE12.05%
Operating margin8.08%
Profit margin5.28%

Key executives

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

Shareholders

  • IGH Holdings Pvt Ltd. (15.5%)
  • Aditya Birla Group (10.5%)
  • Life Insurance Corp. of India (7.9%)
  • ICICI Prudential Asset Management Co. Ltd. (4.4%)
  • Grasim Industries Ltd. (3.9%)
  • SBI Funds Management Pvt Ltd. (2.0%)
  • Aditya Birla Sun Life AMC Ltd. (2.0%)
  • Mahindra Asset Management Co. Pvt Ltd. (1.7%)
  • Nomura Asset Management Singapore Ltd. (1.7%)
  • BlackRock Fund Advisors (1.4%)

Contact Details

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

Related Companies

  • 8018243 Canada Ltd.
  • AV Aluminum, Inc.
  • Hindalco Industries Ltd. Series 2004-1
  • Renuka Investment & Finance Ltd.
  • AV Minerals Netherlands BV
  • Dahej Harbour & Infrastructure Ltd.
  • Birla Copper
  • Utkal Alumina International Ltd.
  • Pennar Aluminum Holdings Pvt Ltd. /Aluminium Rolling Ops/
  • Straits Nifty Pty Ltd.
  • Indian Aluminium Co. Ltd.
  • Indo Gulf Corp. Ltd.
  • Novelis, Inc.

Competitors

  • Vedanta Limited
  • Alcoa Corp.
  • Arconic, Inc.
  • Boryszew S.A.
  • Impexmetal SA
  • Vedanta Resources plc
  • Hindustan Copper Ltd
  • Constellium NV Class A
  • Granges AB
Last Updated on 16 Aug, 2018

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