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Hind Aluminium Industries Ltd (531979)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531979 NSE: Aluminium & Aluminium Products | Small Cap | Hind Aluminium Inds. Share Price

₹97.90 -0.25 (-0.25%)

As on 02-Jul'26 16:59

Hind Aluminium Industries Ltd (531979)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531979 NSE: Aluminium & Aluminium Products | Small Cap | Hind Aluminium Inds. Share Price

₹97.90 -0.25 (-0.25%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹62 Cr.
Current Price
₹97.9
52-Week Low / High
₹57 / 163
TTM EPS
₹6.6
TTM Sales
₹7.2 Cr.
Book Value per Share
₹117.5
P/E Ratio
14.76
Higher than its 5-year historical median
Industry PE
11.1
Price to Book (P/B)
0.83
Higher than its 5-year historical median
Price to Sales (P/S)
8.55
Lower than its 5-year historical median
EV/EBITDA
10.80
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
2.94%
Underperforms industry median
Return on Capital Employed (ROCE)
7.16%
Underperforms industry median
Return on Assets (ROA)
2.86%
Operating Profit Margin
-60.1%
Net Profit Margin
65.1%
Gross Profit Margin
160.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
130.83%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-78.43%
Asset Quality
Promoter Holding
66.47%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹68 Cr.
Equity
₹6.3 Cr.
Face Value
₹10
All Time Low / High
₹2.55 / 174.90

Hind Aluminium Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Hind Aluminium Industries Ltd a good quality company?
Hind Aluminium Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Hind Aluminium Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Hind Aluminium Industries Ltd vs industry peers?
Hind Aluminium Industries Ltd revenue CAGR is -62.03%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Hind Aluminium Industries Ltd?
Promoters hold 66.47% of the Hind Aluminium Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Hind Aluminium Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 2.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hind Aluminium Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.1%10.5%13.1%9.4%1.6%-6.9%1.6%-6.1%13.9%7.2%-
Value Creation
Index
0.2-0.3-0.1-0.3-0.9-1.5-0.9-1.40.0-0.5-

Growth Parameters

Sales 72149866054238985.323.62.41.33.17
Sales YoY Gr.--30.9%32.5%-18%-28.2%-78.1%-72.4%-89.9%-44.1%130.8%-
Adj EPS 14.39.612.56-7.6-21.1-2-15.56.63.26.6
YoY Gr.--32.8%30.1%-52.3%-227.2%NANANANA-51%-
BVPS (₹) 112.8122.7133.3130.6120.7100.499.491.4106.2109.4117.5
Adj Net
Profit
96.17.93.8-4.8-13.3-1.3-9.84.124
Cash Flow from Ops. 19.224.7-39.261.917.266.711.62.40.6-3.2-
Debt/CF from Ops. 4.33.2-3.21.35.70.51.60.900-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -45.5%-62%-49.3%130.8%
Adj EPS -15.3%NANA-51%
BVPS-0.3%-2%3.2%3%
Share Price 1.5% 19% 39.5% 42.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
13.48.29.84.5-6-19.1-2-16.36.635.8
Op. Profit
Mgn %
3.53.63.52.70.1-125.5-598.1-1128.9-60.1-56.3
Net Profit
Mgn %
1.31.21.20.7-1.2-15.6-5.3-411.6311.265.957.9
Debt to
Equity
1.211.511.30.50.30000
Working Cap
Days
891291071271394378516,0266,2071,801578
Cash Conv.
Cycle
49726786952653081,13223185393

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales720.82498.17660.21541.53388.8485.3123.582.381.333.07
Operating Expenses + 695.83480.14636.89527.19388.6395.5322.2918.7419.055
Manufacturing Costs25.1219.7722.4618.7012.646.425.783.361.231.42
Material Costs656.65447.17598.33487.90358.4480.3712.080.0200.98
Employee Cost 5.376.086.777.506.823.881.750.720.570.78
Other Costs 8.697.119.3413.0910.734.872.6914.6417.251.82
Operating Profit 24.9918.0323.3214.340.21-10.211.29-16.36-17.73-1.93
Operating Profit Margin (%) 3.5%3.6%3.5%2.6%0.1%-12.0%5.5%-688.0%-1,337.7%-62.9%
Other Income + 2.281.203.6165.313.301.7613.0127.047.13
Exceptional Items 0000000000
Interest 10.467.6512.9112.5710.698.3240.610.240.26
Depreciation 3.303.013.013.012.802.391.630.970.540.33
Profit Before Tax 13.518.5611.014.76-7.96-17.62-2.57-4.938.534.60
Tax 4.502.093.141-3.19-4.30-1.800.11-0.732.60
Profit After Tax 9.016.477.873.76-4.77-13.32-0.77-5.059.272
PAT Margin (%) 1.3%1.3%1.2%0.7%-1.2%-15.6%-3.3%-212.0%699.4%65.1%
Adjusted EPS (₹)14.310.312.56.0-7.6-21.1-1.2-8.014.73.2
Dividend Payout Ratio (%)11.20%15.60%12.80%8.40%0%0%0%0%0%0%

Valuation of Hind Aluminium Inds. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 71.0677.3183.9782.2576.0763.2762.6557.6166.9368.94
Share Capital 6.306.306.306.306.306.306.306.306.306.30
Reserves 64.7671.0177.6775.9569.7756.9756.3551.3160.6362.64
Debt +82.2678.54124.7778.3897.4329.8215.642.0300
Long Term Debt5.327.605.724.732.271.766.19000
Short Term Debt76.9470.94119.0573.6595.1528.069.452.0300
Minority Interest0000000000
Trade Payables56.6235.8039.8424.524.620.360000
Others Liabilities 20.9516.0410.867.859.435.31-1.04-5.070.863.34
Total Liabilities 230.90207.69259.44193.01187.5598.7577.2554.5867.7972.28

Fixed Assets

Net Fixed Assets +26.8324.0621.1818.5216.2113.7312.199.584.914.60
Gross Block53.1547.7247.3747.5647.9747.6147.0335.2917.2017.22
Accumulated Depreciation26.3323.6626.1929.0431.7733.8734.8325.7112.2912.63
CWIP 0000000000
Investments 11.3713.5213.5613.8514.9217.0613.4811.8546.8348.46
Inventories38.2237.5232.4646.9230.5710.313.050.6500
Trade Receivables126.0191.12159.2782.8071.0516.4610.340.710.321.10
Cash Equivalents 7.512.104.385.1314.9154.611.632.492.49
Others Assets 20.9539.3828.5725.7839.8936.1933.5730.1513.2415.64
Total Assets 230.90207.69259.44193.01187.5598.7577.2554.5867.7972.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 19.2424.69-39.1561.8717.1766.6711.602.380.57-3.19
PBT 13.518.5611.014.76-7.96-17.62-2.57-4.938.534.60
Adjustment 9.518.3815.9015.5213.4510.755.68-8.60-25.81-5.49
Changes in Working Capital 0.3111.16-63.0449.0513.1673.68.7816.1818.01-2.14
Tax Paid -4.08-3.42-2.94-3.10-0.51-0.06-0.29-0.27-0.17-0.15
Cash Flow From Investing Activity + -13.13-14.147.53-2.51-16.74-0.334.2515.931.892
Capex -8.12-0.41-0.14-0.34-0.480.04-0.179.1114.190.03
Net Investments -0.05-2.15-0.05-0.29-1.06-2.143.581.63-34.11-0.20
Others -4.97-11.587.72-1.87-15.191.770.845.1921.822.17
Cash Flow From Financing Activity + -6.44-15.9332.11-60.179.15-75.93-16.22-17.34-2.27-0.26
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -6.19-5.42-12.91-12.57-10.69-8.32-4-0.61-0.24-0.26
Dividend Paid -0.95-1.01-1.01-1.01-0.3200000
Others 0.69-9.5046.02-46.5920.16-67.61-12.22-16.73-2.040
Net Cash Flow -0.33-5.370.48-0.819.59-9.59-0.380.970.18-1.46

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)13.418.729.764.52-6.03-19.12-1.23-8.3914.882.94
ROCE (%)16.0910.4913.129.381.63-6.921.63-6.1313.867.16
Asset Turnover Ratio3.272.272.832.392.040.60.270.040.020.04
PAT to CFO Conversion(x)2.143.82-4.9716.45N/AN/AN/AN/A0.06-1.6
Working Capital Days
Receivable Days57.5079.5069.2081.6072.20187.20207.40848.40142.4084.60
Inventory Days2027.8019.3026.8036.4087.50103.4028400
Payable Days30.2037.7023.1024.1014.8011.300000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Hind Aluminium Industries Ltd FAQs

The current trading price of Hind Aluminium Inds. on 02-Jul-2026 16:59 is ₹97.90.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Hind Aluminium Inds. stood at ₹61.68 Cr

The latest P/E ratio of Hind Aluminium Inds. as of 01-Jul-2026 is 14.76.

The latest P/B ratio of Hind Aluminium Inds. as of 01-Jul-2026 is 0.83.

The 52-week high of Hind Aluminium Inds. is ₹162.6 and the 52-week low is ₹57.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hind Aluminium Inds. is ₹7.21 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hind Aluminium Industries Ltd is a average quality company.

The key valuation ratios of Hind Aluminium Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hind Aluminium Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Hind Aluminium Industries Ltd

Hind Aluminium Industries Limited formerly known as Associated Profiles & Aluminium Limited, the Associated Group of companies began operations in 1973.  The company's principal activity is to manufacture aluminium and power generation. It operates in three segments namely Aluminium Product, Minerals and Power. Its product includes aluminium wire rod and bauxite. They are leading secondary manufacturer ofAluminium Wire Rods in the country. They have an installed capacity of 25000 MT.

Its first manufacturing unit an aluminium rolling mill, was set up at Taloja in the state of Maharashtra. After developing a loyal customer base in the aluminium market for over a decade, in 1987, it expanded its activities further by setting up a facility for the manufacture of aluminium security grills in the union territory of Daman. In addition, this unit also took up complete fabrication jobs which included setting up door and window frames.

Today its brand Decogrille is the most widely used aluminium security grill throughout the country. It has also succeeded in exporting this product to neighbouring countries.

In 1996, it entered into a collaboration with Focchi Spa, an Italian company which undertook curtain walling jobs. This part of their business, also situated at Daman, is equipped with the technology to design and execute a complete curtain-wall job, which involves a complete glass exterior for building structures.

In 1996, one of its group companies, Associated Profiles and Aluminium Ltd. made its Initial Public Offering in the capital markets. A unit, Hind Aluminium, was set up in Silvassa (union territory Dadra & Nagar Haveli) to manufacture aluminium alloy and electrical grade wire rods. This product is used by conductor manufacturers for power transmission.

In 1997, Associated Aluminium Industries (P) Ltd. also set up another rolling mill operation in Silvassa. In addition to the above manufacturing activities, their indenting division is also active in non-ferrous metals like aluminium, copper, zinc and nickel. It also import minerals like sulphur, rock phosphate and coal.

Product range of the company includes:

  • Alloy Ingots
  • EC Wire Rods
  • Flipped Wire Rod
  • Aluminium Grills
  • Aluminium Floorings
  • Aluminium Frames
  • Surface Coatings
  • Structural Glazings
  • Curtain Wall Systems

Achievements/ recognition:-

  • They are an ISO 9001:2000 accredited company.
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