An international business with operations in the copper and aluminium industries is Hindalco Industries Ltd. Hindalco has a long history that dates back to 1958, and since then, it has established itself as a major player in the global metal business by providing a variety of goods and services to clients all over the world.
Investors are usually curious about a company’s future prospects, and for Hindalco Industries, many are curious about what its share price goal would be in the coming few years. In order to provide a thorough analysis of what we may anticipate from Hindalco’s share price from 2024 to 2030, we will examine more closely at the company’s financials, performance, and market developments in this piece.
HINDALCO INDUSTRIES LTD Q4 FY24 Highlight
- Net Profit:
- Doubled to ₹3,851 crore in Q4 FY22, up from ₹1,928 crore in Q4 FY21.
- Increased by 4.8% from ₹3,675 crore in Q3 FY22.
- Revenue:
- Rose by 37.7% YoY to ₹55,764 crore, up from ₹40,507 crore in Q4 FY21.
- Increased by 11% from ₹50,272 crore in Q3 FY22.
Full-Year Performance:
- Net Profit:
- Grew more than three-fold to ₹13,730 crore in FY22, a 294.2% increase from ₹3,483 crore in FY21.
Segment Performance:
- Novelis:
- Shipments of flat rolled products (FRPs): 987 kt, up from 983 kt in Q4 FY21.
- Revenue: $4.8 billion, a 34% YoY increase from $3.6 billion.
- Adjusted EBITDA: $431 million, down 15% YoY from $505 million.
- Net Income: $217 million, up 21% YoY.
- Aluminium:
- Production: 326 kt, compared to 316 kt in Q4 FY21.
- Sales: Increased 2% YoY to 336 kt from 329 kt.
- Revenue: ₹9,847 crore, up from ₹5,969 crore in Q4 FY21.
- EBITDA: ₹4,050 crore, a 123% YoY increase from ₹1,819 crore.
- EBITDA Margin: 41%.
- Copper:
- Copper Cathode Production: 94 kt, down from 97 kt in Q4 FY21.
- Copper Rod Production: 69 kt, down from 76 kt.
- Sales: 105 kt, slightly down from 107 kt in Q4 FY21.
- Revenue: ₹9,787 crore, a 15% YoY increase.
- EBITDA: ₹387 crore, up 20% YoY from ₹322 crore.
Dividend:
- Declared a dividend of 400% (₹4 per share) for FY22, up from 300% (₹3 per share) in FY21.
Hindalco Share Price Target 2024
| When | Maximum Price | Minimum Price |
| July 2024 | 709.10 | 616.61 |
| August 2024 | 737.47 | 641.28 |
| September 2024 | 766.97 | 666.93 |
| October 2024 | 751.93 | 653.85 |
| November 2024 | 782.01 | 680.00 |
| December 2024 | 789.83 | 686.80 |
In 2024, Hindalco’s stock prices are projected to show consistent growth. By July 2024, the maximum price is expected to reach ₹709.10, with a minimum of ₹616.61. In August 2024, the maximum price is anticipated to be ₹737.47, and the minimum price ₹641.28. By September 2024, Hindalco’s maximum price might touch ₹766.97, while the minimum price could be ₹666.93. October 2024 forecasts show a maximum price of ₹751.93 and a minimum of ₹653.85. In November 2024, the maximum price is expected to rise to ₹782.01, with a minimum of ₹680.00. By December 2024, Hindalco’s stock is projected to reach a maximum price of ₹789.83 and a minimum price of ₹686.80.
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Hindalco Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 797.72 | 613.63 |
| February 2025 | 805.78 | 619.83 |
| March 2025 | 822.70 | 632.85 |
| April 2025 | 814.56 | 626.58 |
| May 2025 | 790.83 | 608.33 |
| June 2025 | 826.42 | 635.71 |
| July 2025 | 810.22 | 623.24 |
| August 2025 | 835.27 | 642.52 |
| September 2025 | 845.30 | 650.23 |
| October 2025 | 867.27 | 667.13 |
| November 2025 | 888.96 | 683.81 |
| December 2025 | 928.96 | 714.58 |
In 2025, Hindalco’s stock prices are forecasted to rise steadily. By January, prices are expected to range between ₹613.63 and ₹797.72. February could see prices at ₹619.83 to ₹805.78. March might range from ₹632.85 to ₹822.70. April’s projections range from ₹626.58 to ₹814.56. May anticipates prices between ₹608.33 and ₹790.83. June could see prices from ₹635.71 to ₹826.42. July’s range is forecasted at ₹623.24 to ₹810.22. August might see prices from ₹642.52 to ₹835.27. September could range from ₹650.23 to ₹845.30. October’s forecast is between ₹667.13 and ₹867.27. November might see prices from ₹683.81 to ₹888.96. Finally, December is anticipated to range from ₹714.58 to ₹928.96.
Hindalco Share Price Target 2026 to 2030
| HINDALCO SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹1,119.52 | ₹656.15 |
| 2027 | ₹1,242.94 | ₹799.93 |
| 2028 | ₹1,515.32 | ₹975.23 |
| 2029 | ₹1,847.39 | ₹1,188.94 |
| 2030 | ₹2,052.23 | ₹1,449.49 |
In 2026, Hindalco’s stock prices are expected to range between ₹656.15 and ₹1,119.52. By 2027, projections suggest prices could range from ₹799.93 to ₹1,242.94. Looking ahead to 2028, prices are forecasted to be between ₹975.23 and ₹1,515.32. By 2029, expectations are for prices ranging from ₹1,188.94 to ₹1,847.39. Finally, in 2030, Hindalco’s stock is anticipated to trade between ₹1,449.49 and ₹2,052.23.
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FINANCIAL STRENGTH OF HINDALCO INDUSTRIES LTD (2020 to 2024)
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 118,144 | 131,985 | 195,059 | 223,202 | 215,962 |
| Expenses + | 103,838 | 114,449 | 166,712 | 200,536 | 192,090 |
| Operating Profit | 14,306 | 17,536 | 28,347 | 22,666 | 23,872 |
| OPM % | 12% | 13% | 15% | 10% | 11% |
| Other Income + | 906 | -964 | 1,253 | 1,307 | 1,519 |
| Interest | 4,197 | 3,738 | 3,768 | 3,646 | 3,858 |
| Depreciation | 5,091 | 6,628 | 6,729 | 7,086 | 7,521 |
| Profit before tax | 5,924 | 6,206 | 19,103 | 13,241 | 14,012 |
| Tax % | 36% | 44% | 28% | 24% | 28% |
| Net Profit + | 3,767 | 3,483 | 13,730 | 10,097 | 10,155 |
| EPS in Rs | 16.77 | 15.5 | 61.1 | 44.93 | 45.19 |
| Dividend Payout % | 6% | 19% | 6% | 7% | 8% |
- Sales: Hindalco’s sales have shown significant growth over the years, increasing from ₹118,144 crore in March 2020 to ₹215,962 crore in March 2024. This reflects Strong revenue generation, driven by market demand and strategic expansions.
- Expenses: Operating expenses have also risen consistently, reaching ₹192,090 crore by March 2024. This increase is aligned with the company’s expansion efforts and higher operational costs.
- Operating Profit: The operating profit has fluctuated but generally increased from ₹14,306 crore in March 2020 to ₹23,872 crore in March 2024. This indicates improved operational efficiency despite varying market conditions.
- Other Income: Hindalco’s other income, including non-operational revenue sources, has shown growth, reaching ₹1,519 crore in March 2024. This contributes positively to the company’s overall profitability.
- Interest and Depreciation: Interest expenses have been managed relatively well, while depreciation costs have also increased in line with asset investments and expansions.
- Profit Before Tax: Profit before tax surged to ₹19,103 crore in March 2022, showcasing a significant leap from previous years, though it moderated to ₹14,012 crore by March 2024. This fluctuation reflects varying market conditions and operational challenges.
- Net Profit and EPS: Net profit rose substantially from ₹3,767 crore in March 2020 to ₹10,155 crore in March 2024. Earnings per share (EPS) followed a similar growth trajectory, increasing from ₹16.77 in March 2020 to ₹45.19 in March 2024, indicating improved profitability on a per-share basis.
- Dividend Payout: The dividend payout percentage has been maintained at single digits in recent years, reflecting a balanced approach towards distributing profits while retaining capital for future growth.
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FAQ’s
What is the current Hindalco share price?
Answer: The current share price of Hindalco is approximately Rs. ₹694 per share.
What is the projected maximum and minimum Hindalco share price for 2025?
Answer: The projected maximum Hindalco share price for 2025 is Rs. Rs.928.96, and the minimum is Rs.608.33.
Is investing in Hindalco a good idea?
Answer: Investing in Hindalco is a subjective matter and depends on your risk appetite and the current market conditions.
What is the current market capitalisation of Hindalco?
Answer: The current market capitalisation of Hindalco is approximately Rs. ₹1,55,934 CR.
What is the maximum expected share price of Hindalco in 2030?
Answer: The maximum expected share price of Hindalco in 2030 is ₹2,052.23.
CONCLUSION: HINDALCO INDUSTRIES LTD SHARE PRICE TARGET
According to Hindalco Industries Ltd’s financial statements for the previous five years, the company has consistently increased its revenue, PAT, and profits, with the current fiscal year seeing the largest gain. Additionally, the business has kept both its operating profit margin and net profit margin strong. It’s crucial to keep in mind that past performance does not guarantee future success, and investing in the stock market is always risky. As a result, it’s wise to carry out careful investigation and analysis before making any investing decisions. In spite of this, investors looking for long-term growth potential may find that Hindalco Industries Ltd.’s shares represent a solid investment opportunity given the company’s financial record.
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