Hind Aluminium Industries Ltd

Hind Aluminium Industries Ltd (531979)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-5.51 %
3 Month Return-1.95 %
1 Year Return1.34 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 250
Rank 255
Rank 151
Dividend Yield
Rank 176
Rank 610
Price To Book Ratio
Debt To Asset
Rank 188

Company Information

Incorporated in May 87 as Associated Grills and Profiles to manufacture aluminium grills sections railing etc Associated Profiles and Aluminium commenced commercial production in Sep.88. It was promoted by Lalit Kumar Daga. The companys main product aluminium grills is jointly promoted with Hindalco Industries and is sold under Decogrille brand name. In Dec.94 the company acquired its present name. In Jun.96 the company came out with a public issue to partfinance the diversification project of setting up an unit to manufacture aluminium rods at Khanvel Dadra Nagar Haveli with an installed capacity of 8400 tpa. Aluminium rods are used to manufacture conductors which in turn are used on traction overhead equipment. During the year 199697 the paid up equity capital is increased from Rs 60 lacs to Rs 500 lacs following the public issue and private issue made by the company. The company has set up a new unit at Silvassa Union Territory for manufacturing of All Alloy Aluminium Rods with an installed capacity of 12000 tpa which has commenced its commercial production from Jan97. In 199798 it earned foreign exchange worth Rs 7 lacs.The companys plant HIND ALUMINIUM at Silvassa has been awarded ISO9002 certification i.e. both the divisions of the company are ISO 9002 accredited. The company has launched a new brand of Grill under the brand name Ecogrille and is the only grill manufacturing company in India to achieve ISO9002.During the year 20002001 the Wire Rod Division has expanded its capacity by an additional 10000 MT p.a and this has been financed by way of internal accruals.The Wire Road Division Grill Fabrication Division has achieved ISO 9002 ceritification.
OrganisationHind Aluminium Industries Ltd
IndustryNon Ferrous Metals