Hindalco Industries stock
HINDALCO.NSNSEHindalco Industries Limited, Basic MaterialsISIN INE038A01020
62Score 62 out of 100, Neutral
Price and trend
53 / 100
Price history
+21% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 1.7% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 88).
The price is 16% below its 52-week high. Largest decline in 20 years: 81% (January 2008 to March 2009).
Chart figures for advanced users
- SMA 50$10.04
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$10.43
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)88
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$8.23
- The lowest closing price of the last twelve months.
- Resistance$12.22
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Hindalco Industries Limited belongs to the Aluminum industry (India) and, with a market value of $23.03B, is number 2 of 18 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $29.22B (up 16% year on year) and earnings of $1.42B (down 16.3%).
- For fiscal 2027, analysts expect on average revenue of $35.93B (up 22.9%) and adjusted earnings per share of $1.21 (up 89.2%).
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- MEQIRI Score 62 out of 100 (Neutral): rank 171 of 461 in Basic Materials, median 57.
- The P/E is 11.2 (Aluminum median 7.1, own median of recent years 9.2).
- Our model puts fair value at $11.86, with the price 14% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2017 to 2026.Fundamentals 69
Weaknesses
- Negative free cash flowFree cash flow −$2.49B over the last 12 months.Fundamentals 69
- Richly valuedP/E 11.2, Aluminum median 7.1, own median 9.2.
Its standout strength is valuation.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 61 to 62.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $8.47 and expensive above $19.77 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $17.23 (cash-flow model) and $6.50 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 15.5%. At 16.5% the fair value would be $10.81, at 14.5% it would be $13.21.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (7.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 27.4% on the twelve months before. Revenue has grown solidly since 2008, at about 9% per year. From 2008 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 21%, operating 10%, net 5%. From 2008 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 14 Feb 2027in 93 days
- Last reported
- 6 Nov 2026EPS reported $0.36 (expected $0.29)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 3.3% since 22 Oct 2026.
- Earnings per share
- $1.21+3.3%
- Revenue
- $35.93B+1.3%
- Earnings per share
- $1.17−0.3%
- Revenue
- $37.25B+0.6%
MEQIRI has stored the estimates since 22 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Hindalco Industries
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
461 rated companies in Basic Materials
- This company
- 62
- Sector median
- 57
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Aluminum
The next larger and next smaller companies by market value
- China Hongqiao Group1378.HK $24.56B69
- Aluminum Corporation of China601600.SS $19.83B68
- Vedanta Aluminium MetalVAML.NS $15.87B41
- Norsk HydroNHY.OL $14.3B62
- Yunnan Aluminium000807.SZ $12.12B68
- AlcoaAA $10.68B61
- Guangdong Hec Technologyholding600673.SS $10.62B31
- Henan Shenhuo Coal Industry and Electricity Power000933.SZ $8.2B70
ETFs that hold Hindalco Industries
Held by 18 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Edge MSCI EM Value Factor UCITS ETF5MVL | 1.02% | 0.40% | €1.51B |
| iShares MSCI India UCITS ETFQDV5 | 0.91% | 0.65% | €4.98B |
| iShares MSCI EM Asia UCITS ETFCEBL | 0.14% | 0.20% | €7.14B |
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| iShares MSCI EM UCITS ETF USD (Dist)IQQE | 0.12% | 0.18% | €8.51B |
| Amundi Core MSCI Emerging Markets UCITS ETF EUR DistAEMD | 0.12% | 0.18% | €9.52B |
| iShares MSCI EM IMI Screened UCITS ETF USD (Acc)AYEM | 0.11% | 0.18% | €5.26B |
| iShares Core MSCI EM IMI UCITS ETFIS3N | 0.11% | 0.18% | €37.98B |
| iShares Dow Jones Global Leaders Screened UCITS ETF USD (Acc)IUSL | 0.08% | 0.60% | €2.04B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 12 Jun 2026)
- Valuation signal Fairly valued since 13 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.