As of 6 Nov 2026, Hind Aluminium Industries trades at 14.6× trailing earnings, below the industry P/E of 17.0×, and the shares are 20% below their 52-week high. Sales grew 33% a year over 3 years while net profit fell 5.4%, with ROCE of −1.3% and ROE of 6.5%, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹54 Cr, ranked 17th of 22 Aluminum companies by market cap; the shares fell 13% over the past year.
- ₹88.48
- ₹89.99
- ₹86.00
- ₹88.48
- 1.5K
Health check
- ReturnsBehind
−13.0% over a year, better than 1 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales +32.5%, profit −5.4% a year over 3 years.
- ProfitabilityNegative
ROCE -1.3% vs peer median 16.4%.
- Balance sheetStretched
Debt 0.09× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.
- Red flags4 to check
Return on equity is low at 6.5%.
Small cap
Defensive
Key metrics
- Market cap
- ₹54 Cr
- Small cap
- P/E
- 14.6
- Industry 17.0
- Price to book
- 0.60
- Peers 2.90
- Dividend yield
- 0.00%
- ROE
- 6.5%
- Peers 10.3%
- ROCE
- −1.3%
- Peers 16.4%
- Debt to equity
- 0.09
- Debt ₹7.78 Cr
- EPS (TTM)
- ₹5.88
- Face value ₹10
- OPM (TTM)
- −22.7%
- Net margin 32.2%
- Sales growth
- +405.7%
- Latest quarter vs a year ago
- Profit growth
- −51.0%
- Latest quarter vs a year ago
- Price to sales
- 4.71
- EV/EBITDA −23.7
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 405.7% on a year ago.
Risks to check
- Return on equity is low at 6.5%.
- Quarterly profit down 51.0% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only −13.1×.
About Hind Aluminium Industries
Hind Aluminium Industries Limited manufactures and sells aluminium wire rods and alloy conductors in India. It operates in two segments, Aluminium Products and Power. The company engages in the production and marketing of alloy, EC, and flipped wire rods, as well as aluminium conductors. It is also involved in the operation of wind turbine generators and solar power plants; and engineering, procurement, and construction of electrical sub-station projects.…
- Headquarters
- Mumbai
- Employees
- 3
- Sector
- Basic Materials
- ISIN
- INE227B01019
- Website
- associatedgroup.com
Price range
- Avg volume (3M)
- 2.8K
- 1-year return
- minus 13.0%
- From 52-week high
- minus 19.9%
Peers · Aluminum
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDALCOHindalco Industries | 958.40 | plus 2.19% | 2,12,749 | 11.1 | 9.4 | 9.4% | 9.0% | 0.73 | 7.1% | plus 12.8% |
| VAMLVedanta Aluminium Metal | 376.05 | minus 0.80% | 1,46,816 | 22.2 | – | – | 41.3% | 1.05 | – | minus 24.2% |
| NATIONALUMNational Aluminium Co. | 325.75 | minus 1.59% | 59,828 | 8.4 | 6.5 | 33.3% | 43.8% | 0.00 | 7.8% | plus 41.9% |
| CMRGREENCMR Green Technologies | 218.29 | plus 2.16% | 4,782 | 17.8 | 13.0 | 19.8% | 4.5% | 0.83 | 17.4% | minus 9.5% |
| ARFINArfin India | 94.15 | minus 1.23% | 1,589 | 86.4 | 33.6 | 20.8% | 6.9% | 0.76 | 4.3% | plus 74.7% |
| BELDINGBelding India | 820.05 | minus 2.76% | 1,187 | – | – | 0.3% | −1377.7% | 0.04 | −89.7% | minus 10.8% |
| MMPMMP Industries | 427.35 | plus 0.66% | 1,086 | 21.7 | 19.4 | 12.9% | 8.4% | 0.53 | 15.2% | plus 50.9% |
| HINDALUMIHind Aluminium Industries | 86.13 | minus 2.66% | 54 | 14.6 | – | −1.3% | −22.7% | 0.09 | 32.5% | minus 13.0% |
| Median of 7 peers | – | −0.80% | 4,782 | 19.7 | 13.0 | 16.4% | 8.4% | 0.73 | 7.4% | 12.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1.1 | 2.6 | 2.4 | 1.2 | 5.4 | |
| 1.8 | 3.4 | 3.2 | 2.9 | 4.7 | |
| −0.8 | −0.8 | −0.8 | −1.7 | 0.7 | |
| −72.6% | −28.6% | −35.7% | −144.1% | 12.7% | |
| 5 | 2.1 | 1.8 | 2.9 | 2.2 | |
| 0 | – | 0.1 | 0.1 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 4.1 | 1.3 | 0.8 | 1 | 2.7 | |
| 5.6% | 36.8% | 103.8% | −8.3% | 29.8% | |
| 3.9 | 0.8 | −0 | 1 | 1.9 | |
| 6.19 | 1.25 | -0.05 | 1.65 | 3.03 |
Profit & loss
- Sales CAGR 3Y
- +32.5%
- Profit CAGR 3Y
- −5.4%
- EPS CAGR 3Y
- −5.4%
- ROE
- 6.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | 1.3 | 3.1 | 7.2 | |
| – | minus 57.2% | +131.8% | +134.8% | |
| 10.8 | 3 | 4.8 | 10 | |
| −7.7 | −1.7 | −1.7 | −2.8 | |
| −248.6% | −126.3% | −55.4% | −38.5% | |
| 5.5 | −2.3 | 1.2 | 1.9 | |
| 0.7 | 0 | 0 | 0.2 | |
| 1.4 | 0.5 | 0.3 | 0.4 | |
| −0.4 | 10.4 | 1.2 | 0.1 | |
| −4.7 | 5.9 | 0.3 | −1.4 | |
| 10.0% | −12.4% | 756.9% | −105.9% | |
| 6.7 | 16 | 7.4 | 5.7 | |
| – | +137.3% | minus 53.5% | minus 23.3% | |
| 10.69 | 25.37 | 11.80 | 9.05 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.3 | 6.3 | 6.3 | 6.3 | |
| 59.3 | 70.6 | 78 | 84.6 | |
| 2 | – | – | 7.8 | |
| −0.6 | 0.6 | 0.4 | 2.4 | |
| 67.1 | 77.4 | 84.7 | 101 | |
| 15.6 | 4.9 | 4.6 | 5.5 | |
| 0.7 | 56.7 | 63.8 | 65.6 | |
| 1.7 | 1.7 | 0.2 | 0.1 | |
| 49.1 | 14.1 | 16.2 | 29.9 | |
| 67.1 | 77.4 | 84.7 | 101 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | −3.4 | −3.2 | −16.8 | |
| 21.5 | 5.7 | 2 | 9.1 | |
| −20.3 | −2.3 | −0.3 | 7.5 | |
| 1.1 | −0 | −1.5 | −0.1 | |
| −0 | −0.1 | −0 | −1.6 | |
| −0.1 | −3.5 | −3.2 | −18.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.