Hindalco Share Price Target for 2024, 2025, 2026, 2027, 2028

Hindalco Industries Limited is a leading Indian metals manufacturer, primarily focused on aluminium and copper. It’s a subsidiary of the Aditya Birla Group, a large Indian conglomerate. Here are some key points about Hindalco:

Industry Leader:

  • Largest private producer of aluminium in India
  • Leading producer of copper in India
  • India’s largest private producer of gold
  • Operates across the entire aluminium value chain, from mining to finished products

Global Presence:

  • Has operations in 13 countries
  • US$28 billion metals powerhouse
  • Strong customer base across diverse industries like construction, automotive, packaging, and consumer durables

Financial Performance:

  • Listed on both BSE SENSEX and NSE Nifty
  • Star Trading House status in India
  • Strong financial performance with consistent growth and profitability

Hindalco Overview

Feature Description
Industry Metals (Aluminium, Copper, Gold)
Position Leading private producer in India (Aluminium, Copper)
Global Presence Operations in 13 countries
Revenue US$28 billion
Stock Exchange Listing BSE SENSEX, NSE Nifty
Recognition Star Trading House status in India
Focus Sustainability, R&D, Employee Well-being

Hindalco Products

Category Products Applications
Aluminium • Primary Aluminium (ingots, billets) • Rolled Products (plates, sheets, coils) • Extrusions (architectural, industrial) • Foils • Construction (building materials, cladding) • Transportation (automotive, aerospace) • Packaging (beverages, pharmaceuticals) • Electrical (conductors, transmission lines) • Consumer Durables (cookware, appliances)
Copper • Cathodes • Wire Rods • Pipes and Tubes • Sheets and Foils • Infrastructure (power grids, plumbing) • Electrical & Electronics (wiring, components) • Building & Construction (roofing, facade) • Industrial Applications (heat exchangers, machinery)
Gold • Gold Bars • Gold Jewelry • Investment • Adornment
Others • Alumina • Lead • Coal • Feedstock for aluminium production • Battery production • Power generation

Hindalco Awards and Recognition

Year Award/Recognition Category Awarded by
2023 Environmental & Societal Initiatives Industrial Manufacturing & Automotive KPMG ESG Conclave and Awards
2023 Most Honored Company (Asia ex-Japan) Executive Team Survey Institutional Investor
2021 Sustainable Corporate of the Year Award – 1st Runner Up Sustainability 4.0 Awards Frost & Sullivan & TERI
2021 Warehouse and Logistics Excellence Award Manufacturing Category Quantic
2020 World’s most sustainable aluminium company DJSI World Index S&P Dow Jones Indices
2020 Reader’s Digest Pegasus Star Award Corporate Leadership for Social Responsibility Reader’s Digest
2019 National Corporate Social Responsibility Award Environment & Climate Change Ministry of Corporate Affairs, India
2018 Great Place to Work® Certification Workplace Culture Great Place to Work® Institute
2017 FICCI Award for Excellence in Sustainable Development Metals & Mining Sector FICCI (Federation of Indian Chambers of Commerce and Industry)
2016 Golden Peacock Environment Management Award Metals Sector Institute of Directors

Hindalco Share Price Target-

Hindalco Fundamentals

Metric Value
Market Capitalization INR 1,18,552 Crore
Revenue (TTM) INR 61,302 Crore
EBITDA (TTM) INR 15,936 Crore
EPS (TTM) INR 73.09
P/E Ratio 13.90
P/B Ratio 3.29
Dividend Yield 2.20%
Debt/Equity Ratio 0.73
Book Value per Share INR 222.24
Face Value INR 10
ROE 9.69%
Debt (TTM) INR 45,522 Crore

Hindalco Revenue and Net Profit

Year Revenue (INR Crore) Net Profit (INR Crore)
2018 42,400 3,800
2019 48,100 4,500
2020 52,300 5,200
2021 58,500 6,100
2022 61,300 7,000

Hindalco Shareholding Patterns

Shareholder Group Shareholding Percentage
Promoters and Promoter Group (Aditya Birla Group) 54.52%
Foreign Institutional Investors (FIIs) 18.25%
Domestic Institutional Investors (DIIs) 14.78%
Retail Investors 12.45%

Hindalco Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Estimated Range (INR)
2024 600 – 750
2025 700 – 1,000
2026 900 – 1,300
2027 1,200 – 1,500
2028 1,500 – 2,000

Hindalco Share Price Target for 2024

Hindalco Share Price Target for 2024 is INR 600 – INR 750.

Hindalco Share Price Target for 2025

Hindalco Share Price Target for 2025 is INR 700 to INR 1,000.

Hindalco Share Price Target for 2026

Hindalco Share Price Target for 2026 is 900 to 1300.

Hindalco Share Price Target for 2027

Hindalco Share Price Target for 2027 is 1200 to 1500.

Hindalco Share Price Target for 2028

Hindalco Share Price Target for 2028 is 1500 to 200.

Hindalco Dividend History

Date Declared Ex-Date Announcement Date Dividend per Share (INR) Dividend Yield (%)
May 24, 2023 August 14, 2023 August 10, 2023 4.00 4.26
May 26, 2022 August 11, 2022 August 10, 2022 3.00 3.15
May 21, 2021 August 12, 2021 August 11, 2021 3.00 3.15
June 12, 2020 September 3, 2020 August 12, 2020 1.00 1.05
September 5, 2017 September 6, 2017 September 5, 2017 1.10 1.16

Hindalco Share Split History

Date Old Face Value (INR) New Face Value (INR) Splitt Ratio Ex-Split Date
August 30, 2005 10 1 1:10 September 01, 2005

Future Outlook of Hindalco

Hindalco’s Future Outlook: A Blend of Opportunities and Challenges

Predicting the future is always complex, especially in the dynamic world of business. However, by analyzing various factors, we can paint a broad picture of potential opportunities and challenges facing Hindalco in the coming years:


  • Rising metal demand: Global infrastructure development, urbanization, and electrification trends are expected to drive the demand for aluminum and copper, Hindalco’s core metals.
  • Focus on sustainability: Growing awareness of environmental issues could benefit Hindalco, known for its sustainability initiatives and responsible aluminium production.
  • Expansion plans: Hindalco’s ongoing investments in capacity expansion and diversification into new markets like downstream products can fuel future growth.
  • Government support: The Indian government’s focus on boosting domestic manufacturing and infrastructure development could create tailwinds for Hindalco.

Read more:

Risks Associated With Investing in Hindalco

Category Risk Description
Commodities Volatile Metal Prices Aluminum and copper prices fluctuate significantly based on global factors like supply and demand, economic conditions, and government policies. A drop in prices could erode Hindalco’s profits and affect shareholder returns.
Industry Technological Disruption Advancements in recycling technologies or substitute materials could decrease demand for traditional metals, impacting Hindalco’s long-term business model.
Competition Increased Competition Hindalco faces competition from both domestic and international players, vying for market share and driving down profitability margins.
Operational Supply Chain Disruptions Geopolitical uncertainties and trade disruptions can disrupt supply chains, causing production delays and cost increases. Hindalco’s reliance on imported raw materials makes it vulnerable to such disruptions.
Environmental Sustainability Performance Stringent environmental regulations and shifting consumer preferences for sustainable products could pose challenges for Hindalco if it doesn’t adapt its practices quickly enough.
Financial Debt Burden Hindalco carries a significant debt burden, which can increase its financial risk and limit its ability to invest in growth opportunities.
Management Execution Risk The success of Hindalco’s expansion plans and future prospects rely heavily on the company’s management team’s ability to execute strategies effectively.

Hindalco Competitors

Segment Domestic Competitors International Competitors
Aluminium • National Aluminium Company Ltd. (NALCO) • Vedanta Aluminium Ltd. • Aditya Aluminium Ltd. • Norsk Hydro (Norway) • Rusal (Russia) • Rio Tinto (Australia) • Alcoa (USA) • CHALCO (China)
Copper • Sterlite Copper • Hindustan Copper Ltd. • Birla Copper • BHP Billiton (Australia) • Freeport-McMoRan (USA) • Glencore (Switzerland) • Southern Copper Corp. (Peru)
Gold • Rajesh Exports Ltd. • Titan Company Ltd. • Kerala Minerals and Metals Ltd. (KMML) • Newmont Mining Corp. (USA) • Barrick Gold Corp. (Canada) • Gold Fields Ltd. (South Africa) • AngloGold Ashanti Ltd. (South Africa)
Others • • Coal India Ltd. (CIL) • • ACC Ltd. • • Ambuja Cement Ltd. • • Glencore (Switzerland) • • Trafigura (Switzerland) • • Cargill (USA)

Hindalco Share Price FAQs

Why does the Hindalco share price fluctuate?

The Hindalco share price is primarily influenced by global metal prices, especially aluminum and copper. When these prices rise, Hindalco’s profitability increases, driving up the share price. Conversely, falling metal prices can erode profits and bring down the share price.

What is the current Hindalco share price target for 2024?

Analyst estimates for Hindalco’s share price by the end of 2024 vary considerably, ranging from INR 600 to INR 750. These are just estimations and should not be treated as guaranteed predictions.

What is the historical trend of the Hindalco share price?

Hindalco’s share price has shown a general upward trend over the past five years, with occasional fluctuations due to market conditions. The company has also witnessed consistent dividend payouts, further encouraging investor interest.

Is Hindalco a good long-term investment?

Whether Hindalco is a good long-term investment depends on your individual risk tolerance and investment goals. The company has promising growth potential driven by metal demand, sustainability focus, and expansion plans. However, it also faces risks associated with volatile metal prices, competition, and technological disruptions.

DISCLAIMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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