💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Hindalco Industries Limited is an India-based metals flagship company. The Company is primarily engaged in the business of manufacturing and distribution of aluminium, copper, and its products across the globe. It operates through four segments: Novelis, Aluminium Upstream,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, priced for perfection.
Hindalco Industries is scored on the commodity / cyclical framework. It keeps a slim 4.8% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.77×) — worth a closer look. Free cash flow is worth about -7.6% of its market value.
Over the last 3 years revenue compounded at 7%/yr and profit at 10%/yr. Book value has grown 13%/yr. Return on equity is a healthy 12.8%. In the latest quarter profit grew 170% versus the prior quarter.
At 16× earnings, the stock sits at the 87th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.12 | 17.59 | better |
| P/B | 1.58 | 3.28 | better |
| EV/EBITDA | 8.43 | 18.71 | better |
| ROE | 12.83 | 18.73 | worse |
| ROCE | 11.85 | 16.82 | worse |
| ROA | 4.33 | 7.56 | worse |
| Quick Ratio | 0.56 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Zinc | 11.5 | 8.0 | 69.5% |
| Vedanta Aluminium Metal | 6.8 | 6.4 | 80.1% |
| Vedanta | 3.3 | 8.0 | 77.5% |
7% CAGR — growing but slowly.
Profit is on a 2-year growth streak.
Operating margins have been stable around 7% — no major structural shift.
ROE at 10% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 8% sequentially — momentum is building. Run-rate stepping up — recent quarters average 23% above earlier ones.
Profit jumped 170% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 34.7% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 2.1pp — foreign money is rotating out. MF stake down 2.3pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.