Hindalco Share Price

About Hindalco

Core Activities & Products

1. Aluminium:One of the top producers of aluminium in Asia, Hindalco has a pan India presence encompassing multiple operations like alumina refining, bauxite mining, aluminium smelting, downstream rolling, extrusions and converting primary metal into value-added products. Hindalco handles both raw materials and finished products of aluminium. The company has dedicated sources for critical raw materials like coal, power and bauxite. Finished products include alumina and primary aluminium in the form of billets, ingots, wire rods and other value-added products like rolled products, foils and extrusions. Other sources like chemical alumina and hydrates are used in an array of industries for water treatment, fillers in cables and plastics, ceramics and glass, among others.The integrated complex in Renukoot provides an alumina refinery, aluminium smelter and other facilities for value-added products. Hindalco’s new age smelters are state-of-the-art and have yielded high-quality output aiding in expansion and making the process cost-efficient.
2. Copper:Known as Birla Copper, the facility operates as one of the largest custom copper smelters worldwide. The copper smelter located in Dahej (Gujarat) provides three copper smelters, copper refineries, a captive oxygen plant, two rod plants, a di-ammonium phosphate plant, a precious metal recovery plant, captive jetty and other utilities. The company produces copper rods in various sizes, copper cathodes, and precious metals like gold and silver. The 19.6mm diameter copper rods which are used for railway electrification are produced by Hindalco. The co-product, which is sulphuric acid, is used to make fertilisers.

Board of Directors

• Mr. Kumar Mangalam Birla - Non-Executive Chairman
• Mrs. Rajashree Birla - Non-Executive Director
• Mr. Satish Pai - Managing Director
• Mr. Askaran Agarwala - Non-Executive Director
• Mr. Kailash Nath Bhandari - Independent Director
• Mr. Sudhir Mital - Independent Director
• Ms. Alka Marezban Bharucha - Independent Director
• Mr. Praveen Kumar Maheshwari - Whole-Time Director and CFO
• Dr. Vikas Balia - Independent Director
• Mr. Yazdi Piroj Dandiwala - Independent Director
• Mr. Anant Maheshwari - Independent Director

Key Executives

• Mr. Satish Pai - Managing Director
• Mr. Praveen Kumar Maheshwari - Chief Financial Officer
• Mr. Rohit Pathak - CEO - Copper Business
• Mr. Rajesh Kumar Gupta - Head - Mining & Minerals
• Mr. N. Nagesh - Head - Renukoot Cluster
• Mr. Kailash Pandey - Head - Sambalpur Cluster
• Mr. Arun Kumar B - Head - Aluminium Downstream Strategic Projects
• Mr. Mazharullah Beig - Unit Head - Utkal Alumina International Limited
• Mr. Samik Basu - Chief Human Resources Officer
• Mr. Nilesh Koul - Head - Downstream Aluminium Business
• Mr. Devotosh Kumar Das - Chief Marketing Officer - Aluminium
• Mr. Bibhu Prasad Mishra - Head - MCoE
• Mr. Saurabh Khedekar - Head - Chemicals Business
• Mr. Anil Malik - Company Secretary
• Mr. Aniruddha Kulkarni - Chief Strategy Officer
• Mr. Chandan Agrawal - CEO and President - Eternia
• Mr. V. R. Shankar - Head - Legal
• Mr. Jagdish Ramaswamy - Chief Digitisation Officer
• Mr. Vilas Tathavadkar - CTO
• Mr. Sukanta Das - Head - Central Logistics
• Mr. Anil Mathew - President - Policy Advocacy and Chief Risk Officer

Presence

Registered Office:

Strengths:

1. The management of the company is strong and experienced.
2. It has a strong global footprint in the field of aluminium and copper.
3. The product portfolio is very strong and diverse across upstream and downstream segments
4. They have close to 40,000 employees worldwide..
5. The company has been accorded the Star Trading House status. The aluminium business is listed on the London Metal Exchange (LME).
6. A big chunk of sales also comes from its value-added products.
7. The consolidated PAT by the company is at ₹3,851 as of FY22.

CSR and Sustainability

Healthcare
• Medical camps
• Health facilities
• Regular health camps

Education
• Providing primary education to underprivileged children.
• Actively participating in adult education as well to improve rural literacy.
• Offering merit scholarships/schemes.
• Providing educational support like textbooks, stationery, uniforms etc.

Skill training
• The Aditya Birla Rural Technology Park (Mirpur, Uttar Pradesh, India)
• The Yashogami Skills Training Centre (Radhanagari, Tarale, Maharashtra, India)

Women Empowerment
• Self-help groups and programmes that involve over 11,000 women from rural committees around Hindalco units
• Building awareness about important matters like sanitary pads, family planning, literacy drive etc.

Agricultural Support
• Irrigation schemes with the help of better yield and multi-cropping methods
• Watershed development like hydel towers, drainage systems, training farmers with better techniques, horticulture, floriculture etc.

COVID-19 Impact

Future Prospects

1. The Ukraine-Russia war has only bolstered the price of aluminium due to a supply squeeze by the two countries who are major exporters of aluminium and copper.
2. The company has a very strong balance sheet and has reduced its debt as it has generated higher profits and cash flow.
3. The management predicts that production cost is likely to go up by 9-10 percent due to the rising coal prices.

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