Hindalco Industries Limited, the Aditya Birla Group’s flagship company, is a global leader in the production of aluminium and copper. Through strategic acquisitions and collaborations over the years, the company has grown its portfolio to become one of the largest players in the metals industry. Hindalco Industries is poised for growth in the coming years, thanks to increased demand for aluminium and copper in various sectors. In this article, we’ll look at the company’s financials and market trends to see if it’s a good stock to buy and what the share price target for Hindalco Industries could be between 2023 and 2030.
From 55,764 crore in Q4FY22, the company’s consolidated revenue from operations was 55,857 crore in the quarter that ended in March. a 5.1% increase sequentially from the 53,517 crores in Q3FY23.Due to higher input costs and unfavorable macroeconomic conditions, the company reported a 23% year-over-year decline in earnings before interest, taxes, depreciation, and amortization (EBITDA), which was partially offset by better operational performance of the Copper Business. The company reported a 37% decline in its consolidated net profit (attributable to owners of the company) in the fiscal’s fourth quarter ended in March (Q4FY23), to 2,411 crore. At the same time last year, the business had declared a profit of 3,851 crore. The combined net profit increased 77% sequentially. The Aditya Birla Group’s metals flagship company’s standalone net profit for Q4FY23 was 832 crore, down 48% from Q4FY22’s net profit of 1,601 crore. From 18,969 crore in Q4FY22 to 19,995 crore during the quarter, the revenue from operations increased by 5.4%. Operating margin decreased by 830 basis points to 8.9%, while earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by roughly 45.6% year over year to 1,775 crores.As of March 31, 2023, the company’s net debt was 33,959 crore, down from 41,716 crore as of December 31, 2022.
Latest news about Hindalco Industries Ltd
➤Even though it has delayed its $350 million investment in China, Hindalco Industries, a member of the Aditya Birla Group, aims to invest 5,000 crores in capex this fiscal as opposed to the 3,000 crores it spent last year. The business, which plans to spend a similar amount on capital expenditures the next fiscal year, will pay for all of the investments using internal accruals and won’t take on any further debt.
➤For the fiscal year that ended in March, the company’s board of directors has proposed a dividend of 3 per equity share of 1 each.
➤The company’s exchange filing states that the India business’s strong operational performance and persistent focus on cost reduction were what drove the sequential rise of 77%.
How to purchase Hindalco Industries Ltd shares?
Below are the trading platforms that you can use to purchase Hindalco Industries Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Hindalco Industries Ltd Share Price Prediction of: 2023 to 2030
Share Price Prediction 2023
| When | Maximum Price | Minimum Price |
| May 2023 | ₹430.50 | ₹313.46 |
| June 2023 | ₹489.01 | ₹376.16 |
| July 2023 | ₹586.81 | ₹451.39 |
| August 2023 | ₹645.49 | ₹496.53 |
| September 2023 | ₹677.76 | ₹521.35 |
| October 2023 | ₹645.49 | ₹496.53 |
| November 2023 | ₹710.04 | ₹546.18 |
| December 2023 | ₹795.24 | ₹611.72 |
The table represents the projected share price of Handalco Industries for the year 2023. The maximum and minimum prices for each month are provided, giving investors an idea of the potential price range. There seems to be an overall upward trend in the share prices, with a few dips in between. The bullish trend in share prices can be attributed to various factors such as positive market sentiment, company performance, and industry trends. Overall, the table suggests a positive outlook for Handalco Industries in 2023.
Share Price Prediction 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹837.09 | ₹643.92 |
| February 2024 | ₹940.56 | ₹783.80 |
| March 2024 | ₹990.06 | ₹804.93 |
| April 2024 | ₹900.05 | ₹692.35 |
| May 2024 | ₹750.04 | ₹576.96 |
| June 2024 | ₹900.05 | ₹692.35 |
| July 2024 | ₹765.04 | ₹593.06 |
| August 2024 | ₹841.55 | ₹667.90 |
| September 2024 | ₹883.63 | ₹679.71 |
| October 2024 | ₹1,039.56 | ₹799.66 |
| November 2024 | ₹1,091.54 | ₹839.65 |
| December 2024 | ₹1,113.37 | ₹856.44 |
The table provides the projected share price target for Hindalco Industries for the year 2024. The maximum and minimum prices for each month are given, which gives an idea of the potential price range. The share prices seem to have a mixed trend, with some months showing a bearish trend and others having an upward trend. The maximum price target for the year is predicted to be in November at ₹1,091.54, while the minimum price target is in May at ₹576.96. This indicates a potential return of around 89% over the year. Overall, the table suggests that Hindalco Industries may have a mixed performance in 2024, with some months showing a bearish trend and others having a potential for growth.
Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,135.64 | ₹873.57 |
| February 2025 | ₹1,195.41 | ₹919.54 |
| March 2025 | ₹1,255.18 | ₹965.52 |
| April 2025 | ₹1,120.69 | ₹862.07 |
| May 2025 | ₹1,018.81 | ₹783.70 |
| June 2025 | ₹1,120.69 | ₹862.07 |
| July 2025 | ₹1,067.33 | ₹821.02 |
| August 2025 | ₹1,111.80 | ₹855.23 |
| September 2025 | ₹1,167.39 | ₹897.99 |
| October 2025 | ₹1,237.43 | ₹951.87 |
| November 2025 | ₹1,324.05 | ₹1,018.50 |
| December 2025 | ₹1,350.54 | ₹1,038.87 |
Based on the data from the table provided above, the Hindalco Industries share price target for 2025 is expected to range from ₹525.41 to ₹681.45, with an average target price of around ₹633.60. This indicates an upside potential of approximately 26% based on the current price of ₹502.40 as of March 21, 2023. It is important to note that these estimates are based on market and analyst projections, and the actual performance of the stock may differ.
Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹795.24 | ₹313.46 |
| 2024 | ₹1,113.37 | ₹643.92 |
| 2025 | ₹1,350.54 | ₹862.07 |
| 2026 | ₹945.37 | ₹661.76 |
| 2027 | ₹803.57 | ₹562.50 |
| 2028 | ₹1,446.42 | ₹1,012.50 |
| 2029 | ₹2,971.18 | ₹2,079.82 |
| 2030 | ₹3,308.81 | ₹2,316.17 |
Based on the available data, it is projected that Hindalco Industries’ share price will experience fluctuations between 2026 and 2030. In 2026, the minimum price target is expected to be around ₹661.76, while the maximum price target is projected to be ₹945.37. In 2027, the minimum and maximum share price targets are expected to be around ₹562.50 and ₹803.57, respectively. By 2028, the share price target is projected to increase significantly, with the minimum and maximum targets estimated to be around ₹1,012.50 and ₹1,446.42, respectively. In 2029, the share price target is expected to rise further, with the minimum and maximum targets estimated to be around ₹2,079.82 and ₹2,971.18, respectively. By 2030, the share price target is projected to increase further, with the minimum and maximum targets estimated to be around ₹2,316.17 and ₹3,308.81, respectively. Investors are advised to take into consideration the potential risks and rewards associated with their investment decisions and seek advice from financial experts before making any investments in Hindalco Industries’ shares.
Financial Condition of Hindalco Industries Ltd: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 1,15,182.80 | 1,30,542.00 | 1,18,144.00 | 1,32,008.00 | 1,95,059.00 |
| Expenses | 1,01,487.52 | 1,15,031.00 | 1,03,838.00 | 1,16,148.00 | 1,67,183.00 |
| Operating Profit | 13,695.28 | 15,511.00 | 14,306.00 | 15,860.00 | 27,876.00 |
| Other Income | 2,878.73 | 1,127.00 | 906 | 712 | 1,724.00 |
| Depreciation | 4,506.24 | 4,777.00 | 5,091.00 | 6,628.00 | 6,729.00 |
| Interest | 3,910.73 | 3,778.00 | 4,197.00 | 3,738.00 | 3,768.00 |
| Profit before tax | 8,157.04 | 8,083.00 | 5,924.00 | 6,206.00 | 19,103.00 |
| Tax | 2,074.17 | 2,588.00 | 2,157.00 | 2,723.00 | 5,373.00 |
| Net profit | 6,082.92 | 5,496.00 | 3,767.00 | 3,483.00 | 13,730.00 |
| EPS | 27.1 | 24.48 | 16.77 | 15.5 | 61.1 |
| Price to earning | 7.92 | 8.4 | 5.71 | 21.08 | 9.32 |
| Price | 214.55 | 205.5 | 95.7 | 326.85 | 569.5 |
| RATIOS: | |||||
| Dividend Payout | 4.40% | 5.09% | 5.89% | 19.12% | 6.47% |
| OPM | 11.89% | 11.88% | 12.11% | 12.01% | 14.29% |
Looking at the profit and loss statement of Hindalco Industries over the last five years, we can see a mixed bag of results. While the company’s revenue grew from ₹1,15,182.80 crore in March 2018 to ₹1,95,059 crore in March 2022, the expenses also increased from ₹1,01,487.52 crore to ₹1,67,183 crore during the same period. The company’s operating profit grew from ₹13,695.28 crore to ₹27,876 crore, and the net profit saw a significant jump from ₹6,082.92 crore to ₹13,730 crore. However, the profit before tax witnessed a fluctuating trend, with a maximum of ₹19,103 crore in March 2022 and a minimum of ₹5,924 crore in March 2020. The dividend payout ratio has remained in the range of 4.40% to 19.12% during this period. The OPM has seen a slight increase from 11.89% in March 2018 to 14.29% in March 2022, indicating a growth in operating efficiency. Overall, Hindalco Industries has witnessed revenue and profit growth over the past five years, despite facing some challenges in the form of rising expenses and fluctuations in profit before tax.
Experts’ target for the share price of Hindalco Industries Ltd
Prabhudas Lilladher on Hindalco Industries Ltd share price target
Prabhudas Lilladher has given a buy call on Hindalco Industries share, According to him, you can continue buying Hindalco Industries with a price target Rs 420.
JM Financial on Hindalco Industries Ltd share price target
JM Financial has given a buy call on Hindalco Industries share, According to him, you can continue buying Hindalco Industries with a price target Rs 530.
CLSA on Hindalco Industries Ltd share price target
CLSA: Purchase | Aim: Rs. 550
Hindalco Industries still has a ‘Buy’ rating from CLSA with a Rs. 550 price objective. For the quarter ending March 31, 2023, it stated that India’s profitability had exceeded expectations and that debt levels had decreased as well.
Nomura on Hindalco Industries Ltd share price target
Nomura sets a buy target of INR540 for Hindalco Industries.
Kotak Equities on Hindalco Industries Ltd share price target
Kotak Equities suggests buying Hindalco Industries Ltd with a predicted price of Rs 455.
Nuvama on Hindalco Industries Ltd share price target
Nuvama has recommended to Hold with a price target of Rs 444.
FAQS
What has been the historical performance of Hindalco’s share price?
Hindalco’s share price has been volatile in the past few years, with highs of ₹1,350.54 and lows of ₹313.46.
What is the revenue growth rate of Hindalco Industries?
The revenue growth rate of Hindalco Industries has been positive over the past five years, with an average growth rate of approximately 7.4%.
What is the profit growth rate of Hindalco Industries?
The profit growth rate of Hindalco Industries has also been positive over the past five years, with an average growth rate of approximately 25.6%.
What is the projected share price target for Hindalco Industries in 2023 to 2030?
Based on past performance and market trends, it is possible for Hindalco Industries to reach a share price target of ₹1,000 by 2030.
What are the factors that can impact Hindalco’s share price in the future?
Factors such as global aluminum prices, demand for aluminum and copper products, and economic conditions can impact Hindalco’s share price in the future.
Is Hindalco Industries a good company to invest in?
Hindalco Industries has a strong market presence and has shown positive growth in both revenue and profits. However, investors should do their own research and analysis before investing.
What is the dividend payout ratio of Hindalco Industries?
The dividend payout ratio of Hindalco Industries has ranged from 4.4% to 19.12% over the past five years.
What is the operating profit margin (OPM) of Hindalco Industries?
The operating profit margin of Hindalco Industries has ranged from 11.89% to 14.29% over the past five years.
What is the price-to-earning (P/E) ratio of Hindalco Industries?
The P/E ratio of Hindalco Industries has ranged from 5.71 to 21.08 over the past five years.
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Conclusion
In conclusion, based on the last five years’ income growth, PAT, revenue growth, and profit growth, HINDALCO INDUSTRIES appears to be a strong contender for long-term investment. From 2018 to 2022, the company experienced consistent growth, with a revenue growth rate of 69% and a PAT growth rate of 126%. Furthermore, profit growth has been consistent, with a 104% increase in operating profit and a 377% increase in net profit over the same time period. While the share price may fluctuate, the company’s performance and growth potential make it a good buy for investors. HINDALCO INDUSTRIES may achieve a maximum target of 3,308.81 and a minimum target of 661.76 for 2030.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
