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Non-Energy Minerals

Hindalco Industries Ltd.

  • 193.00 INR
  • -2.80
  • -1.43%
  • India
    May 24, 2019
  • Ticker
    BOM(500440)
  • Prev. close
    195.80
  • Market cap (INR)
    439,686M
  • Market cap (USD)
    6,323.46M
  • Shares
    2,245.59M

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 the Aluminium and Copper segments. The Aluminium segment manufactures and sells hydrate and alumina, and aluminium products. The Copper segment is the manufacture and sale of copper cathode, continuous cast copper rods, sulphuric acid, DAP and 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 2019 INRUSD
Revenue1,305.42B18,664.17M
Gross Profit284,146.80M4,062.56M
Operating income107,335.40M1,534.61M
Income before tax80,826.10M1,155.60M
Net income54,956.70M785.73M
EBITDA155,105.20M2,217.60M
Diluted EPS24.660.35
Dividends Per Share----
Total Assets1,526.31B22,032.72M
Total liabilities951,204.80M13,730.85M
Total equity575,017.30M8,300.50M
Operating cash flow----
Currency in INRCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,035.37B 987,589.10M 998,956.20M 1,148.55B 1,305.42B
Gross Profit 141,143.60M 132,368M 180,772.40M 198,522.50M 284,146.80M
Operating income 44,400.30M 40,968.20M 79,251.50M 89,818.60M 107,335.40M
Income before tax 3,402.30M -2,140.90M 33,400.30M 82,821.30M 80,826.10M
Net income 8,542.10M -902.20M 18,997.40M 60,829.20M 54,956.70M
EBITDA 79,334.10M 84,430.10M 123,823.90M 134,875.30M 155,105.20M
Diluted EPS 4.13 -1.22 9.21 27.29 24.66
Dividends Per Share 1 1 1.10 1.20 --
Total Assets 1,470.12B 1,489.09B 1,538.75B 1,542.86B 1,526.31B
Total liabilities 1,077.28B 1,079.21B 1,078.10B 994,257.50M 951,204.80M
Total equity 383,285.40M 406,065.80M 460,588M 548,517.70M 575,017.30M
Operating cash flow 25,918.30M 72,813.70M 71,081.30M 75,419.60M --
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 16,933.52M 15,084.41M 14,897.10M 17,816.47M 18,664.17M
Gross Profit 2,308.40M 2,021.78M 2,695.79M 3,079.48M 4,062.56M
Operating income 726.16M 625.74M 1,181.85M 1,393.26M 1,534.61M
Income before tax 55.64M -32.70M 498.08M 1,284.72M 1,155.60M
Net income 139.70M -13.78M 283.30M 943.58M 785.73M
EBITDA 1,297.50M 1,289.58M 1,846.54M 2,092.19M 2,217.60M
Diluted EPS 0.06 -0.01 0.13 0.42 0.35
Dividends Per Share 0.01 0.01 0.01 0.01 --
Total Assets 23,491.50M 22,486.16M 23,696.86M 23,655.65M 22,032.72M
Total liabilities 17,214.12M 16,296.73M 16,602.84M 15,244.27M 13,730.85M
Total equity 6,124.60M 6,131.83M 7,093.06M 8,410.04M 8,300.50M
Operating cash flow 423.89M 1,112.15M 1,060.01M 1,169.91M --

Valuation Measures

Mar 2019
PER8.32
ROA3.58%
ROE9.78%
Operating margin8.22%
Profit margin4.20%

Key executives

  • Managing Director & Executive Director: Satish Pai
  • President, Secretary & Compliance Officer: Anil Kishan Kumar Malik
  • Chief Financial Officer & Executive Director: 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. (6.9%)
  • Grasim Industries Ltd. (3.9%)
  • SBI Funds Management Pvt Ltd. (1.8%)
  • BlackRock Fund Advisors (1.6%)
  • Nomura Asset Management Singapore Ltd. (1.5%)
  • Aditya Birla Sun Life AMC Ltd. (1.5%)
  • The Vanguard Group, Inc. (1.4%)

Contact Details

  • Website:http://www.hindalco.com
  • Address: Century Bhavan, 7th Floor, Pandurang Budhkar 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
  • Hindustan Copper Ltd
  • Constellium NV Class A
  • Granges AB
Last Updated on 24 May, 2019

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