Valuation Hindalco Industries Limited

Equities

HINDALCO

INE038A01020

Aluminum

Market Closed - Bombay S.E. Other stock markets 03:47:41 21/01/2026 pm IST			5-day change	1st Jan Change
939.05 ^INR	+1.17%		+0.32%	+5.96%

02/01	Indian Equities Advance on Friday as Earnings Optimism Lifts Sentiment	MT
30/12	Indian Equities End Marginally Lower on Tuesday Amid Cautious Trading	MT

Company Valuation: Hindalco Industries Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	7,27,072	12,67,378	9,01,200	12,45,452	15,15,249	20,85,107	-	-
Change	-	74.31%	-28.89%	38.2%	21.66%	37.61%	-	-
Enterprise Value (EV) ¹	13,01,402	16,58,338	12,40,790	16,31,922	19,40,759	25,80,366	26,39,567	26,10,660
Change	-	27.43%	-25.18%	31.52%	18.92%	32.96%	2.29%	-1.1%
P/E ratio	20.9x	9.23x	8.93x	12.3x	9.49x	13x	11.8x	11.1x
PBR	1.09x	1.62x	0.95x	1.17x	-	1.51x	1.35x	1.22x
PEG	-	0x	-0.3x	19.24x	0.2x	17.87x	1.25x	1.72x
Capitalization / Revenue	0.55x	0.65x	0.4x	0.58x	0.64x	0.81x	0.76x	0.71x
EV / Revenue	0.99x	0.85x	0.56x	0.76x	0.81x	1.01x	0.97x	0.88x
EV / EBITDA	6.89x	5.52x	5.47x	6.84x	6.1x	7.65x	7.11x	6.34x
EV / EBIT	10.6x	7.16x	7.96x	9.98x	8.11x	10.5x	10.1x	9.26x
EV / FCF	11.2x	14.5x	13.2x	19.6x	51.6x	-99.9x	-69.5x	81.5x
FCF Yield	8.96%	6.88%	7.55%	5.1%	1.94%	-1%	-1.44%	1.23%
Dividend per Share ²	3	4	3	3.5	5	5.287	5.739	5.943
Rate of return	0.92%	0.7%	0.74%	0.62%	0.73%	0.56%	0.61%	0.63%
EPS ²	15.65	61.7	45.36	45.65	71.91	72.43	79.24	84.37
Distribution rate	19.2%	6.48%	6.61%	7.67%	6.95%	7.3%	7.24%	7.04%
Net sales ¹	13,19,850	19,50,590	22,32,020	21,59,620	23,84,960	25,60,990	27,29,574	29,53,511
EBITDA ¹	1,88,960	3,00,560	2,26,660	2,38,720	3,18,050	3,37,514	3,71,228	4,11,482
EBIT ¹	1,22,680	2,31,720	1,55,800	1,63,510	2,39,240	2,45,656	2,61,712	2,81,796
Net income ¹	34,830	1,37,300	1,00,970	1,01,550	1,60,020	1,61,949	1,70,406	1,80,401
Net Debt ¹	5,74,330	3,90,960	3,39,590	3,86,470	4,25,510	4,95,259	5,54,459	5,25,553
Reference price ²	326.85	569.60	405.25	560.45	682.35	939.05	939.05	939.05
Nbr of stocks (in thousands)	22,24,482	22,25,032	22,23,813	22,22,235	22,20,634	22,20,443	-	-
Announcement Date	21/05/21	26/05/22	24/05/23	24/05/24	20/05/25	-	-	-

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	12.81x	1x	7.57x	0.57%	2.26TCr
ALUMINUM CORPORATION OF CHINA LIMITED	13.76x	1.02x	5.8x	2.49%	3.18TCr
NORSK HYDRO ASA	14.54x	0.86x	6.17x	3.55%	1.64TCr
ALCOA CORPORATION	13.62x	1.36x	8.77x	0.64%	1.62TCr
TIANSHAN ALUMINUM GROUP CO.,LTD	18.37x	3.26x	12.78x	2.56%	1.27TCr
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	13.29x	1.81x	7.36x	2.93%	1.01TCr
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	11.89x	-	-	2.96%	957.51Cr
NATIONAL ALUMINIUM COMPANY LIMITED	13.71x	3.6x	8.33x	2.43%	724.37Cr
CHUANGXIN INDUSTRIES HOLDINGS LIMITED	18.35x	-	-	-	675.01Cr
Average	14.48x	1.84x	8.11x	2.26%	1.48TCr
Weighted average by Cap.	14.18x	1.51x	7.65x	2.12%