{"id":299759,"date":"2026-10-09T17:28:07","date_gmt":"2026-10-09T11:58:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299759"},"modified":"2026-10-09T17:28:07","modified_gmt":"2026-10-09T11:58:07","slug":"hindalco-industries-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/","title":{"rendered":"Hindalco Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hindalco Industries share price Rs 897.25 (9 October 2026). Base target Rs 1,026, bull Rs 1,242, downside risk Rs 714. PE 12.24. 52W range Rs 754.45 to Rs 1,176.00.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Hindalco Industries share price target for 2027 is Rs 1,026, about 14.3% above the current price of Rs 897.25. The bull case is Rs 1,242, and the downside risk level, which is not a target, is Rs 714. The base case assumes earnings per share grow 14.8% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 12.24. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Hindalco Industries target price for 2027 should start with where the stock sits today. At Rs 897.25 on 9 October 2026, it is 23.7% below its 52-week high of Rs 1,176.00 and 18.9% above its 52-week low of Rs 754.45. That range spans 56% from low to high, so the entry point matters as much as the Hindalco Industries price forecast itself.<\/p>\n<p>This article builds the Hindalco Industries share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 1,026 base case and the Rs 1,242 bull case were reached, along with a downside risk level of Rs 714.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=hindalco-industries-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Hindalco_Industries_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Hindalco Industries Stock Analysis: Company Overview and Key Stats\">Hindalco Industries Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Why_Is_Hindalco_Industries_Share_Price_Target_Set_at_Rs_1026_for_2027\" title=\"Why Is Hindalco Industries Share Price Target Set at Rs 1,026 for 2027?\">Why Is Hindalco Industries Share Price Target Set at Rs 1,026 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Earnings_Growth_Behind_the_Hindalco_Industries_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Hindalco Industries Target Price: Five Years of Results\">Earnings Growth Behind the Hindalco Industries Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Valuation_Check_for_the_Hindalco_Industries_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Hindalco Industries Stock Target: PE, Price to Book and ROE\">Valuation Check for the Hindalco Industries Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Hindalco_Industries_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Hindalco Industries Share Price Targets for the Short Term and 12 Months\">Hindalco Industries Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Short_Term_Hindalco_Industries_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Hindalco Industries Stock Target Levels: Technical Setup\">Short Term Hindalco Industries Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#12_Month_Hindalco_Industries_Target_Price_for_2027\" title=\"12 Month Hindalco Industries Target Price for 2027\">12 Month Hindalco Industries Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Hindalco_Industries_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Hindalco Industries Target Price\">How EPS Growth and PE Multiple Change the Hindalco Industries Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Hindalco_Industries_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Hindalco Industries Stock Target in 2027\">Bull Case and Downside Risk for Hindalco Industries Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Bull_Case_Rs_1242\" title=\"Bull Case Rs 1,242\">Bull Case Rs 1,242<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Downside_Risk_Level_Rs_714\" title=\"Downside Risk Level Rs 714\">Downside Risk Level Rs 714<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Key_Risks_to_the_Hindalco_Industries_Target_Price_for_2027\" title=\"Key Risks to the Hindalco Industries Target Price for 2027\">Key Risks to the Hindalco Industries Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Hindalco_Industries_Price_Target\" title=\"Growth Slowdown Risk for the Hindalco Industries Price Target\">Growth Slowdown Risk for the Hindalco Industries Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#How_to_Invest_in_Hindalco_Industries\" title=\"How to Invest in Hindalco Industries\">How to Invest in Hindalco Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#FAQs_on_Hindalco_Industries_Share_Price_Target_2027\" title=\"FAQs on Hindalco Industries Share Price Target 2027\">FAQs on Hindalco Industries Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_is_the_Hindalco_Industries_share_price_target_for_2027\" title=\"What is the Hindalco Industries share price target for 2027?\">What is the Hindalco Industries share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_is_the_Hindalco_Industries_share_price_today\" title=\"What is the Hindalco Industries share price today?\">What is the Hindalco Industries share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Is_Hindalco_Industries_a_buy_or_sell_at_the_current_price\" title=\"Is Hindalco Industries a buy or sell at the current price?\">Is Hindalco Industries a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Hindalco_Industries_shares\" title=\"What are the bull case target and downside risk level for Hindalco Industries shares?\">What are the bull case target and downside risk level for Hindalco Industries shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_are_the_main_risks_to_the_Hindalco_Industries_price_target\" title=\"What are the main risks to the Hindalco Industries price target?\">What are the main risks to the Hindalco Industries price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_is_the_PE_ratio_of_Hindalco_Industries_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Hindalco Industries and how does it compare with the industry?\">What is the PE ratio of Hindalco Industries and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#Who_owns_Hindalco_Industries_and_what_is_the_promoter_holding\" title=\"Who owns Hindalco Industries, and what is the promoter holding?\">Who owns Hindalco Industries, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/hindalco-industries-share-price-target-2027\/#What_were_Hindalco_Industries_latest_quarterly_results\" title=\"What were Hindalco Industries&#8217; latest quarterly results?\">What were Hindalco Industries&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Hindalco_Industries_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Hindalco Industries Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hindalco Industries (NSE: HINDALCO) has a market capitalisation of Rs 2,00,722 crore. In FY26 it reported revenue of Rs 2,77,833 crore and net profit of Rs 13,391 crore. The table collects the figures the Hindalco Industries share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/hindalco\/hindalco-industries-ltd-share-price-today\">Hindalco Industries<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>HINDALCO<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 897.25<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 1,176.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 754.45<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 2,00,722 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>12.24<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>12.69<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>1.47<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>12.83%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.73<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 72.98<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.55%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 1,026<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 1,242<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 714<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Hindalco_Industries_Share_Price_Target_Set_at_Rs_1026_for_2027\"><\/span><strong>Why Is Hindalco Industries Share Price Target Set at Rs 1,026 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Hindalco Industries stock target of Rs 1,026 applies a PE multiple of 12.24 to a forward EPS estimate of Rs 83.81. That EPS assumes 14.8% yearly growth, the pace from FY24 to FY26, and puts the target 14.3% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Hindalco_Industries_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Hindalco Industries Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hindalco Industries grew revenue from Rs 1,96,195 crore in FY22 to Rs 2,77,833 crore in FY26, a compound annual growth rate of 9.1%. Net profit grew more slowly, from Rs 14,201 crore to Rs 13,391 crore (-1.5% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>1,96,195.00<\/td>\n<td>14,201.00<\/td>\n<td>61.65<\/td>\n<td>4.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>2,24,459.00<\/td>\n<td>10,097.00<\/td>\n<td>45.36<\/td>\n<td>3.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>2,17,458.00<\/td>\n<td>10,155.00<\/td>\n<td>45.65<\/td>\n<td>3.50<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>2,41,204.00<\/td>\n<td>16,002.00<\/td>\n<td>71.91<\/td>\n<td>5.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>2,77,833.00<\/td>\n<td>13,391.00<\/td>\n<td>60.20<\/td>\n<td>5.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 15.2%, faster than the four-year average of 9.1%, and net profit moved down 16.3%. EPS rose from Rs 45.65 in FY24 to Rs 60.20 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hindalco Industries converted 4.8% of FY26 revenue into net profit, against 6.6% in FY25, within a five-year range of 4.5% to 7.2%. EBITDA margin was 11.1% in FY26 versus 13.9% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 85,882 crore, up 32.5% from the same quarter a year earlier, while net profit of Rs 7,013 crore was up 75.1%. EBITDA came in at Rs 14,989 crore, up 76.2% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.73, and shareholders&#8217; equity grew from Rs 78,202 crore in FY22 to Rs 1,36,595 crore in FY26. Operating cash flow in FY26 was Rs 10,250 crore against capital expenditure of Rs 30,096 crore, leaving negative free cash flow of Rs 19,846 crore. In FY25 free cash flow was Rs 3,761 crore, so cash generation has not been steady year to year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Hindalco_Industries_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Hindalco Industries Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 12.24 against an industry PE of 12.69, Hindalco Industries trades in line with its industry. Price to book is 1.47 on a book value of Rs 607.80 per share, and return on equity is 12.83%. A PE of 12.24 equals an earnings yield of 8.2%, and the FY26 dividend of Rs 5.00 per share gives a yield of 0.55%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 34.66% of Hindalco Industries in June 2026, and promoter holding has stayed near 34.66% since June 2025. Foreign institutional investors (FII) held 35.60% and domestic institutions (DII) held 19.95%, which puts total institutional holding at 55.55%. FII holding rose from 31.39% in June 2025 to 35.60% in June 2026. Public shareholders own the remaining 9.80%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hindalco_Industries_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Hindalco Industries Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Hindalco_Industries_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Hindalco Industries Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 897.25 on 9 October 2026, Hindalco Industries trades below its 50-day simple moving average of Rs 1,000.94 and below its 200-day exponential moving average of Rs 962.92. The 14-day RSI reads 23.6, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 962.92 (200-day exponential moving average) and the nearest support is Rs 754.45 (52-week low). A sustained move above Rs 962.92 would improve the short-term setup, while a close below Rs 754.45 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Hindalco_Industries_Target_Price_for_2027\"><\/span><strong>12 Month Hindalco Industries Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Hindalco Industries is Rs 1,026: forward EPS of Rs 83.81 at a PE of 12.24. That is 14.3% above Rs 897.25. It would still leave the stock 12.8% below its 52-week high of Rs 1,176.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Hindalco_Industries_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Hindalco Industries Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 9.79<\/th>\n<th>PE 12.24<\/th>\n<th>PE 14.08<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 72.98)<\/td>\n<td>Rs 714<\/td>\n<td>Rs 893<\/td>\n<td>Rs 1,028<\/td>\n<\/tr>\n<tr>\n<td>14.8% (EPS Rs 83.81)<\/td>\n<td>Rs 820<\/td>\n<td>Rs 1,026<\/td>\n<td>Rs 1,180<\/td>\n<\/tr>\n<tr>\n<td>20.8% (EPS Rs 88.19)<\/td>\n<td>Rs 863<\/td>\n<td>Rs 1,079<\/td>\n<td>Rs 1,242<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Hindalco Industries price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Hindalco_Industries_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Hindalco Industries Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_1242\"><\/span><strong>Bull Case Rs 1,242<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Hindalco Industries price target needs EPS growth of 20.8%, which lifts forward EPS to Rs 88.19, and a PE multiple that rises 15% to 14.08. That gives Rs 1,242, 38.4% above the current price and above the 52-week high of Rs 1,176.00, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_714\"><\/span><strong>Downside Risk Level Rs 714<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 72.98 and the PE falls 20% to 9.79. That gives Rs 714, 20.4% below the current price and below the 52-week low of Rs 754.45.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>20.8%<\/td>\n<td>14.08<\/td>\n<td>Rs 1,242<\/td>\n<td>+38.4%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>14.8%<\/td>\n<td>12.24<\/td>\n<td>Rs 1,026<\/td>\n<td>+14.3%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>9.79<\/td>\n<td>Rs 714<\/td>\n<td>-20.4%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Hindalco_Industries_Target_Price_for_2027\"><\/span><strong>Key Risks to the Hindalco Industries Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Hindalco_Industries_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Hindalco Industries Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 32.5% year on year, and FY26 revenue growth was 15.2%. If growth slows from here, the EPS estimate behind the Hindalco Industries stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hindalco Industries has a market capitalisation of Rs 2,00,722 crore. Institutional holding is 55.55%, and promoters hold 34.66%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 4.8% in FY26, so a small slip in costs moves profit noticeably. At a PE of 12.24 versus an industry PE of 12.69, a de-rating toward the downside-risk PE of 9.79 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 23.7% below its 52-week high, with an RSI of 23.6 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Hindalco_Industries\"><\/span><strong>How to Invest in Hindalco Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Hindalco Industries share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 897.25 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Hindalco Industries&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Hindalco Industries fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Hindalco Industries target price scenarios with your own view. If you expect EPS growth below 14.8%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Hindalco Industries live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Hindalco Industries share price target for 2027 is Rs 1,026 in the base case, with Rs 1,242 as the bull case. The support for that view is arithmetic you can check: EPS grew 14.8% a year over FY24 to FY26, and the stock trades at a PE of 12.24. The risks are equally concrete, including a stock that sits 23.7% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Hindalco_Industries_Share_Price_Target_2027\"><\/span><strong>FAQs on Hindalco Industries Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Hindalco_Industries_share_price_target_for_2027\"><\/span><strong>What is the Hindalco Industries share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Hindalco Industries share price target for 2027 is Rs 1,026, with Rs 1,242 as the bull case. The downside risk level, which is not a target, is Rs 714. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Hindalco_Industries_share_price_today\"><\/span><strong>What is the Hindalco Industries share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 1:18 PM IST, Hindalco Industries trades at Rs 897.25, up 0.80% on the day. The 52-week range is Rs 754.45 to Rs 1,176.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Hindalco_Industries_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Hindalco Industries a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 14.8% a year over FY24 to FY26, but the stock is 23.7% below its 52-week high. Whether Hindalco Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Hindalco_Industries_shares\"><\/span><strong>What are the bull case target and downside risk level for Hindalco Industries shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 1,242, which assumes 20.8% EPS growth and a PE of 14.08. The downside risk level is Rs 714, which assumes flat EPS and a PE of 9.79. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Hindalco_Industries_price_target\"><\/span><strong>What are the main risks to the Hindalco Industries price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 2,00,722 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Hindalco_Industries_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Hindalco Industries and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Hindalco Industries is 12.24 against an industry PE of 12.69. Price to book is 1.47 and return on equity is 12.83%. The base case in the Hindalco Industries price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Hindalco_Industries_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Hindalco Industries, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 34.66% of Hindalco Industries in June 2026. FII held 35.60%, DII held 19.95% and the public held 9.80%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Hindalco_Industries_latest_quarterly_results\"><\/span><strong>What were Hindalco Industries&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Hindalco Industries reported revenue of Rs 85,882 crore (up 32.5% year on year) and net profit of Rs 7,013 crore (up 75.1%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Hindalco Industries share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Hindalco Industries share price target for 2027 is Rs 1,026, with Rs 1,242 as the bull case. The downside risk level, which is not a target, is Rs 714. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.\"}},{\"@type\":\"Question\",\"name\":\"What is the Hindalco Industries share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 October 2026, 1:18 PM IST, Hindalco Industries trades at Rs 897.25, up 0.80% on the day. The 52-week range is Rs 754.45 to Rs 1,176.00.\"}},{\"@type\":\"Question\",\"name\":\"Is Hindalco Industries a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data is mixed rather than one-sided: EPS has grown 14.8% a year over FY24 to FY26, but the stock is 23.7% below its 52-week high. Whether Hindalco Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.\"}},{\"@type\":\"Question\",\"name\":\"What are the bull case target and downside risk level for Hindalco Industries shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The bull case target is Rs 1,242, which assumes 20.8% EPS growth and a PE of 14.08. The downside risk level is Rs 714, which assumes flat EPS and a PE of 9.79. It marks a risk, not a target.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks to the Hindalco Industries price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are slower revenue growth, a small market capitalisation of Rs 2,00,722 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.\"}},{\"@type\":\"Question\",\"name\":\"What is the PE ratio of Hindalco Industries and how does it compare with the industry?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The PE ratio of Hindalco Industries is 12.24 against an industry PE of 12.69. Price to book is 1.47 and return on equity is 12.83%. The base case in the Hindalco Industries price target holds this PE constant.\"}},{\"@type\":\"Question\",\"name\":\"Who owns Hindalco Industries, and what is the promoter holding?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Promoters held 34.66% of Hindalco Industries in June 2026. FII held 35.60%, DII held 19.95% and the public held 9.80%.\"}},{\"@type\":\"Question\",\"name\":\"What were Hindalco Industries' latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Hindalco Industries reported revenue of Rs 85,882 crore (up 32.5% year on year) and net profit of Rs 7,013 crore (up 75.1%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindalco Industries share price target 2027: base Rs 1,026, bull Rs 1,242, downside risk level Rs 714, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":38,"featured_media":299758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299758"],"rank_math_title":["Hindalco Industries Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Hindalco Industries share price target for 2027 is Rs 1,026 versus Rs 897.25 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Hindalco Industries share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/hindalco-industries-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299759"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299759\/revisions"}],"predecessor-version":[{"id":299760,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299759\/revisions\/299760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299758"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}