Valuation Hindalco Industries Limited

Equities

500440

INE038A01020

Aluminum

Market Closed - Bombay S.E. Other stock markets 06:28:53 2026-05-15 am EDT			5-day change	1st Jan Change
1,067.25 ^INR	-3.27%		+1.11%	+20.42%

May. 02	Stars Align for Constellium SE
Apr. 30	India's NALCO posts quarterly profit drop on alumina softness	RE

Company Valuation: Hindalco Industries Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	727,072	1,267,378	901,200	1,245,452	1,515,249	2,369,768	-	-
Change	-	74.31%	-28.89%	38.2%	21.66%	56.39%	-	-
Enterprise Value (EV) ¹	1,301,402	1,658,338	1,240,790	1,631,922	1,940,759	2,897,036	2,997,158	2,958,917
Change	-	27.43%	-25.18%	31.52%	18.92%	49.27%	3.46%	-1.28%
P/E ratio	20.9x	9.23x	8.93x	12.3x	9.49x	15.2x	12.3x	11.7x
PBR	1.09x	1.62x	0.95x	1.17x	1.22x	1.73x	1.52x	1.34x
PEG	-	0x	-0.3x	19.24x	0.2x	-6.42x	0.5x	2.12x
Capitalization / Revenue	0.55x	0.65x	0.4x	0.58x	0.64x	0.9x	0.8x	0.75x
EV / Revenue	0.99x	0.85x	0.56x	0.76x	0.81x	1.1x	1.02x	0.94x
EV / EBITDA	6.89x	5.52x	5.47x	6.84x	6.1x	8.58x	7.52x	6.95x
EV / EBIT	10.6x	7.16x	7.96x	9.98x	8.11x	11.8x	10.2x	9.57x
EV / FCF	11.2x	14.5x	13.2x	19.6x	51.6x	-50.9x	-66.1x	46.1x
FCF Yield	8.96%	6.88%	7.55%	5.1%	1.94%	-1.97%	-1.51%	2.17%
Dividend per Share ²	3	4	3	3.5	5	5.707	5.984	6.26
Rate of return	0.92%	0.7%	0.74%	0.62%	0.73%	0.53%	0.56%	0.59%
EPS ²	15.65	61.7	45.36	45.65	71.91	70.21	86.66	91.44
Distribution rate	19.2%	6.48%	6.61%	7.67%	6.95%	8.13%	6.91%	6.85%
Net sales ¹	1,319,850	1,950,590	2,232,020	2,159,620	2,384,960	2,636,493	2,951,054	3,145,804
EBITDA ¹	188,960	300,560	226,660	238,720	318,050	337,599	398,395	425,499
EBIT ¹	122,680	231,720	155,800	163,510	239,240	245,180	293,432	309,202
Net income ¹	34,830	137,300	100,970	101,550	160,020	154,229	189,591	201,315
Net Debt ¹	574,330	390,960	339,590	386,470	425,510	527,268	627,390	589,149
Reference price ²	326.85	569.60	405.25	560.45	682.35	1,067.25	1,067.25	1,067.25
Nbr of stocks (in thousands)	2,224,482	2,225,032	2,223,813	2,222,235	2,220,634	2,220,443	-	-
Announcement Date	5/21/21	5/26/22	5/24/23	5/24/24	5/20/25	-	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
HINDALCO INDUSTRIES LIMITED	15.71x	1.13x	8.82x	0.52%	25.62B
SHANDONG HONGQIAO ALUMINUM INDUSTRY HOLDING COMPANY LIMITED	9.09x	1.55x	5.69x	-	42.89B
ALUMINUM CORPORATION OF CHINA LIMITED	6.92x	0.73x	3.05x	6.03%	28.35B
NORSK HYDRO ASA	11.89x	1.02x	5.79x	4.85%	22.73B
ALCOA CORPORATION	8.83x	1.16x	5.39x	0.61%	17.42B
TIANSHAN ALUMINUM GROUP CO.,LTD	8.38x	2.05x	5.88x	6.04%	11.24B
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	8.6x	1.55x	4.55x	5.95%	10.53B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	10.82x	-	-	2.92%	10.59B
NATIONAL ALUMINIUM COMPANY LIMITED	11.24x	3.27x	7.05x	3.05%	8B
CHUANGXIN INDUSTRIES HOLDINGS LIMITED	8.23x	2.2x	5.51x	6.37%	5.81B
Average	9.97x	1.63x	5.75x	4.04%	18.32B
Weighted average by Cap.	10.10x	1.38x	5.70x	3.76%