Q4FY22 Preview: Hindalco Industries: Revenues seen at Rs19,236 crore, PAT at Rs2,177 crore

25 May 2022 , 02:51 PM

Result date: 26^th May, 2022
Recommendation: Buy
Target price: Rs666
Source: IIFL Research

For the March 2022 quarter, Hindalco Industries (Hindalco) could report aluminium sales volume of ~325,000 tons (329,000 in Q4FY21 and 325,000 in Q3FY22) and copper volumes of ~100,000 tons (107,000 tons in Q4FY21 and 110,000 tons in Q3FY22) in its domestic business (standalone+Utkal). Consequently, its revenue could grow 33% over the year-ago quarter.

EBITDA margin is estimated at 20.6% (13.0% in Q4FY21 and 20.4% in Q3FY22). Profit After Tax (PAT) could jump 220% over the year-ago quarter.

Important management insights to watch out for:

• Outlook on growth of key business segments across markets
• Key margin drivers

 

Rs Crore	March 2022 estimates	YoY change	QoQ change
Revenue	19,236	33%	4%
EBITDA	4,072	113%	6%
Profit After Tax	2,177	220%	21%

Source: Brokerage Reports