Hindalco: Mettle in numbers - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Hindalco: Mettle in numbers

Jan 23, 2004

A V Birla group flagship company, Hindalco, has declared good results for 3QFY04. The topline of the company has grown by 33% YoY. However, due to higher increase in expenditure, the bottomline saw a growth of only around 11%. The operating profit and net profit margins of company also remained on the lower side as compared to same quarter last year.

(Rs m) 3QFY03 3QFY04 Change 9mFY03 9mFY04 Change
Net sales 12,514 16,589 32.6% 36,552 42,893 17.3%
Other income 581 482 -17.0% 1,616 2,160 33.7%
Expenditure 9,493 12,914 36.0% 26,885 32,315 20.2%
Operating profit (EBDITA) 3,021 3,675 21.6% 9,667 10,578 9.4%
Operating profit margin (%) 24.1% 22.2%   26.4% 24.7%  
Interest 331 371 12.1% 987 1,245 26.1%
Depreciation 671 805 20.0% 1,928 2,300 19.3%
Profit before tax 2,600 2,981 14.7% 8,368 9,193 9.9%
Tax 826 1,021 23.6% 2,693 3,026 12.4%
Profit after tax/(loss) 1,774 1,960 10.5% 5,675 6,167 8.7%
Net profit margin (%) 14.2% 11.8%   15.5% 14.4%  
No. of shares (m) 73.7 92.5   73.9 92.5  
Diluted earnings per share (Rs)* 76.7 84.8   102.4 88.9  
P/E ratio (x)   14.5     13.9  
(* annualised)            

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HINDALCO SHARE PRICE


Nov 26, 2021 (Close)

TRACK HINDALCO

  • Track your investment in HINDALCO with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE HINDALCO WITH

MARKET STATS