Hindalco Industries vs VAML: share price, P/E, ROE and financials compared
Hindalco Industries
Vedanta Aluminium Metal
Hindalco Industries and VAML at a glance
Hindalco Industries and VAML are both listed in Metals & Mining. Hindalco Industries is the larger by market cap, at ₹2.1L Cr against ₹1.5L Cr for VAML (1.5 times as large). On valuation, Hindalco Industries has the lower price-to-book (1.56× against 6.38×). On returns and margins, VAML has the higher operating margin (41.3% against 10.8%). Hindalco Industries carries less debt for its equity, with a debt-to-equity of 0.73× against 1.05×.
Key metrics, side by side
| Metric | Hindalco IndustriesHINDALCO | VAMLVAML |
|---|---|---|
| Price (₹) | 958.40 | 376.05 |
| Market cap (₹ Cr) | 2,14,331 | 1,46,816 |
| P/E | 13.0× | 22.2× |
| P/B | 1.56× (the lower figure, shaded) | 6.38× |
| Dividend yield, trailing | 0.52% | 2.13% (the higher figure, shaded) |
| ROE | 10.3% | 28.8% |
| ROCE | 9.4% | – |
| Operating margin (OPM) | 10.8% | 41.3% (the higher figure, shaded) |
| Net margin (NPM) | 5.5% | 50.1% |
| Sales CAGR 3Y | +7.1% | – |
| Profit CAGR 3Y | +9.9% | – |
| Debt to equity | 0.73× (the lower figure, shaded) | 1.05× |
| Interest cover | 6.6× (the higher figure, shaded) | −5.7× |
| Net profit TTM (₹ Cr) | 16,400 | – |
| 1Y return | +12.8% (the higher figure, shaded) | −23.6% |
| Promoter holding | 34.66% | 56.38% |
Hindalco Industries vs VAML: common questions
Which is bigger, Hindalco Industries or VAML?
By market cap, Hindalco Industries is bigger at ₹2.1L Cr, against ₹1.5L Cr for VAML (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Hindalco Industries or VAML?
Hindalco Industries trades at a P/E of 13.0× and VAML at 22.2×. VAML’s P/E isn’t ranked because its profit includes a one-off gain. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Hindalco Industries or VAML?
Hindalco Industries reports a return on equity of 10.3% and VAML 28.8%. VAML’s ROE isn’t ranked because its profit includes a one-off gain. ROE is net profit as a share of shareholders’ equity.