Hindalco Industries Schedules Q4, FY26 Earnings Call for May 22

Hindalco Industries Limited has announced an Earnings Conference Call to discuss the financial results for the quarter and full year ended March 31, 2026. The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call is scheduled for Friday, May 22, 2026.

Conference Call Details

The earnings call is set to commence at 19:00 HRS IST (India Standard Time). The session will begin with a brief management discussion and presentation on Q4 and FY26 earnings performance, followed by an interactive question and answer session. Presentation materials will be made available online following the formal announcement of results.

The key scheduling details for the conference call are as follows:

Parameter:	Details
Date:	Friday, May 22, 2026
Time:	19:00 HRS IST
Coverage:	Q4 & Full Year ended March 31, 2026
Format:	Management presentation followed by Q&A

Access Information

Participants can join the conference call using the following dial-in numbers or via the pre-registration link provided by the company.

Region	Access Number
India (Primary)	(+) 91 22 6280 1303
India (Secondary)	(+) 91 22 7115 8204
USA	(+) 1 866 746 2133
UK	(+) 080 810 11573
Singapore	(+) 800 101 2045
Hong Kong	(+) 800 964 448

Investor Relations Contact

For further information regarding the earnings call, investors and analysts may reach out to the designated contact:

Contact Details:	Information
Name:	Subir Sen
Designation:	Head - Investor Relations, Hindalco Industries Ltd.
Board:	+91 22 6947 7000 / 69477122
Email:	subir.sen@adityabirla.com

The intimation was submitted by Geetika Anand, Company Secretary & Compliance Officer of Hindalco Industries Limited, on May 13, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.39%	+2.09%	+8.53%	+35.54%	+65.15%	+169.98%

Hindalco Industries has received a Buy rating from HSBC with a target price of ₹1,310, as the global investment bank identifies multiple catalysts that could drive the stock's performance in the coming period.

Key Investment Rationale

HSBC's investment thesis centers on several key factors that position the company for potential upside. The brokerage expects positive newsflow from Novelis operations, particularly from the Oswego and Bay Minette facilities during CY26. This anticipated development forms a cornerstone of their bullish outlook on the stock.

Investment Highlights:	Details
Target Price:	₹1,310
Rating:	Buy
Key Catalyst Period:	CY26
Focus Facilities:	Oswego & Bay Minette

Performance Analysis and Upgrade Potential

The brokerage notes that Hindalco Industries has experienced prior underperformance compared to its industry peers, creating a potential opportunity for catch-up growth. HSBC anticipates likely earnings upgrades that could provide fundamental support for the stock's upward movement.

Bull Case Scenario

HSBC has outlined an optimistic bull case scenario with a significantly higher target price of ₹1,670. This upside case is built on three primary drivers:

Higher LME Prices: Improved aluminum pricing on the London Metal Exchange
Stronger Novelis Performance: Enhanced operational efficiency and financial results from the subsidiary
Multiple Expansion: Potential revaluation of the company's market multiples

Market Positioning

The investment recommendation reflects HSBC's confidence in the company's strategic positioning within the aluminum and downstream processing sectors. The focus on Novelis operations, particularly the specified facilities, suggests expectations of operational improvements and enhanced contribution to overall group performance.