Hindalco Industries Ltd Share Price ₹1,022

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Hindalco Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	55,857	52,991	54,169	52,808	55,994	57,013	58,203	58,390	64,890	64,232	66,058	66,521	78,133
Expenses +	50,530	47,277	48,557	46,943	49,314	49,510	50,320	50,807	56,054	56,326	57,092	58,530	68,119
Operating Profit	5,327	5,714	5,612	5,865	6,680	7,503	7,883	7,583	8,836	7,906	8,966	7,991	10,014
OPM %	10%	11%	10%	11%	12%	13%	14%	13%	14%	12%	14%	12%	13%
Other Income +	354	381	496	281	362	96	561	469	706	604	532	-2,061	-3,146
Interest	986	992	1,034	944	888	859	869	817	874	754	803	881	1,042
Depreciation	1,856	1,786	1,843	1,874	2,018	1,892	1,932	1,939	2,118	2,080	2,155	2,220	2,375
Profit before tax	2,839	3,317	3,231	3,328	4,136	4,848	5,643	5,296	6,550	5,676	6,540	2,829	3,451
Tax %	15%	26%	32%	30%	23%	37%	31%	29%	19%	29%	28%	28%	25%
Net Profit +	2,411	2,454	2,196	2,331	3,174	3,074	3,909	3,735	5,284	4,004	4,741	2,049	2,597
EPS in Rs	10.73	10.92	9.77	10.37	14.12	13.68	17.39	16.62	23.51	17.82	21.10	9.12	11.56

Financials of Hindalco Industries Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	104,281	98,759	100,184	115,183	130,542	118,144	132,008	195,059	223,202	215,962	238,496	274,944
Expenses +	95,437	90,981	87,867	101,488	115,031	103,838	114,449	166,712	200,536	192,090	206,691	240,064
Operating Profit	8,844	7,778	12,317	13,695	15,511	14,306	17,559	28,347	22,666	23,872	31,805	34,880
OPM %	8%	8%	12%	12%	12%	12%	13%	15%	10%	11%	13%	13%
Other Income +	-832	1,500	1,198	2,879	1,127	906	-987	1,253	1,307	1,519	1,832	-4,074
Interest	4,178	5,134	5,742	3,911	3,778	4,197	3,738	3,768	3,646	3,858	3,419	3,480
Depreciation	3,493	4,347	4,457	4,506	4,777	5,091	6,628	6,729	7,086	7,521	7,881	8,830
Profit before tax	340	-203	3,315	8,157	8,083	5,924	6,206	19,103	13,241	14,012	22,337	18,496
Tax %	75%	245%	43%	25%	32%	36%	44%	28%	24%	28%	28%	28%
Net Profit +	259	-702	1,882	6,083	5,495	3,767	3,483	13,730	10,097	10,155	16,002	13,391
EPS in Rs	4.14	-1.21	8.47	27.10	24.48	16.77	15.50	61.10	44.93	45.19	71.20	59.59
Dividend Payout %	24%	-82%	13%	4%	5%	6%	19%	6%	7%	8%	7%	8%

Financials of Hindalco Industries Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	207	207	223	223	222	222	222	222	222	222	222	222
Reserves	38,122	40,402	45,836	54,629	57,279	58,095	66,311	77,969	94,584	105,924	123,487	136,361
Borrowings +	68,468	67,552	63,817	52,074	52,415	68,399	67,206	64,486	60,291	56,356	63,929	99,161
Other Liabilities +	34,950	32,986	36,268	40,088	42,056	41,902	55,083	79,178	68,392	68,221	76,662	112,051
Total Liabilities	141,746	141,146	146,144	147,014	151,972	168,618	188,822	221,855	223,489	230,723	264,300	347,795
Fixed Assets +	71,959	85,648	84,687	85,088	85,860	89,195	100,269	106,874	110,626	111,810	116,556	132,208
CWIP	14,111	4,214	1,814	2,063	4,097	7,721	10,202	4,945	7,700	14,867	27,397	47,569
Investments	12,346	12,463	15,157	10,781	9,012	9,411	17,133	14,119	14,116	15,444	24,158	24,958
Other Assets +	43,330	38,821	44,486	49,081	53,003	62,291	61,218	95,917	91,047	88,602	96,189	143,060
Total Assets	141,746	141,146	146,144	147,014	151,972	168,618	188,822	221,855	223,489	230,723	264,300	347,795

Financials of Hindalco Industries Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	7,143	11,688	12,687	10,898	11,977	12,665	17,232	16,838	19,208	24,056	24,410	10,250
Cash from Investing Activity +	-3,873	-3,220	-2,876	5,333	-5,456	-7,101	-25,280	-6,773	-7,559	-14,267	-24,609	-26,583
Cash from Financing Activity +	-2,437	-8,862	-5,552	-16,412	-5,466	6,610	-4,882	-6,765	-10,450	-10,817	-1,816	20,087
Net Cash Flow	833	-394	4,259	-181	1,055	12,174	-12,930	3,300	1,199	-1,028	-2,015	3,754
Free Cash Flow	1,427	7,636	9,818	7,942	6,009	5,933	11,715	11,483	9,571	8,378	4,006	-19,508
CFO/OP	94%	166%	109%	94%	89%	89%	105%	73%	97%	112%	94%	48%

Financials of Hindalco Industries Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	32	29	30	32	32	29	36	39	27	28	30	36
Inventory Days	104	103	120	115	103	120	146	138	111	111	123	156
Days Payable	87	92	115	108	96	98	135	128	93	94	102	127
Cash Conversion Cycle	49	40	36	38	39	51	47	49	45	45	51	65
Working Capital Days	-6	4	-17	17	18	3	3	-3	13	9	23	13
ROCE %	6%	4%	8%	10%	11%	9%	9%	17%	11%	11%	15%	14%