| Revenue growth | India Upstream revenue up 6% YoY. |
|---|---|
| Margins | Upstream aluminum EBITDA margins at 45%; Novelis cost reduction on track. |
| Demand visibility | Strong Indian aluminum demand (9% growth); resilient domestic copper demand. |
| Management confidence | Confident in 2.0x leverage target and Q4 copper strength. |
Growth
India Upstream EBITDA up 14% YoY; Downstream EBITDA up 55%. Novelis shipments declined 3% due to Oswego fire.
Outlook
Consolidated net debt to EBITDA target below 2x; Bay Minette facility completion in FY26; ₹10k-12k crore India capex.
Risks
Oswego plant fire impacts on volumes/EBITDA; rising CP Coke prices; high LME prices impacting working capital.
Earnings Call filed with NSE, NSE: HINDALCO. Summary written with AI assistance from the document.
Hindalco Industries Ltd: key numbers
- Share price
- ₹918.10
- Market cap
- ₹2,06,318 Cr
- Revenue (annual)
- ₹2,74,944 Cr
- Net profit (annual)
- ₹13,391 Cr
- P/E (TTM)
- 12.6×Sector 18.4×
- Promoter holding
- 34.66%+0.02% QoQ
- FII holding
- 31.41%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hindalco Industries Ltd
All →Hindalco Industries Board Meeting Date
Hindalco Industries scheduled a board meeting on November 6, 2026, to approve its Q2 FY27 unaudited financial results. The trading window remains closed starting October 1, 2026.
Hindalco Industries Capital Structure Change
LIC reduced its shareholding in Hindalco Industries by 45.35 million shares through market sales. This divestment lowers the institutional investor's stake to 4.33%.
- Execution
- 16.01.2024-21.09.2026
Hindalco Industries Other Announcement
Hindalco disclosed an independent ESG rating of 67 by Niche Ninety Nine. The score reflects the company's environmental, social and governance performance.
Hindalco Industries Production Started
Hindalco Industries commissioned India's first greenfield Superfine PPT ATH plant in Belagavi, Karnataka. The facility has an initial annual production capacity of 30,000 tonnes.
Hindalco Industries Merger & Restructuring Worth ₹0.05 Cr
Hindalco Industries Limited has incorporated UHG Holdings IFSC Private Limited as an associate company. Hindalco invested ₹0.05 Crore to acquire a 50% stake in the entity.
- Value
- ₹0.05 Cr
Hindalco Industries Merger & Restructuring
Hindalco provides an update on the acquisition of AluChem Companies, Inc. The CFIUS review timeline is now extended to September 2, 2026, due to U.S. government shutdowns.