Hindalco Industries will participate in the Motilal Oswal 22nd Annual Global Investor Conference on August 17, 2026, in Mumbai. The event, scheduled from 9:00 a.m. to 4:50 p.m., will feature both one-on-one and group interactions with investors. This engagement provides stakeholders an opportunity to discuss the company’s strategic outlook and operational performance directly with management representatives.

The participation is disclosed pursuant to Regulation 30 (read with Schedule III- Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during these interactions.

Conference Details

The meeting is organized by Motilal Oswal as part of its annual global investor outreach. The schedule is subject to change based on exigencies from either the organizer or the company.

Available Presentations

Investors attending the sessions will have access to specific corporate presentations. Hindalco Industries will make available its Q1FY27 Earnings Presentation and the Investor Day 2025 deck, dated April 1, 2025. These documents are also accessible on the company’s official website at www.hindalco.com for broader stakeholder review.

Regulatory Compliance

The disclosure was signed by Geetika Anand, Company Secretary & Compliance Officer of Hindalco Industries Limited, on August 11, 2026. The notification was submitted to BSE Limited, National Stock Exchange of India Limited, and Luxembourg Stock Exchange, citing ISIN INE038A01020 for reference.

Hindalco Industries subsidiary Novelis Inc. reported a 71% year-over-year surge in net income to $164 million for Q1FY27, driven primarily by favorable metal price lag and operational cost efficiencies. The results, released on August 5, 2026, highlight strong underlying profitability despite a 5% decline in rolled product shipments to 916 kilotonnes, largely due to production disruptions at the Oswego plant following fires in late 2025. Hindalco has further stated that Novelis' net debt will substantially come down and EBITDA per tonne will improve going forward.

Novelис' Adjusted EBITDA rose 24% to $516 million, with Adjusted EBITDA per tonne increasing 30% to $563. This margin expansion occurred even as total shipments fell, indicating improved pricing power and cost discipline. The earnings call, scheduled for August 5 at 4:30 PM IST (7:00 AM EST), discussed these results alongside the ongoing commissioning of the Bay Minette greenfield plant.

Financial Performance Highlights

Novelis' financial performance in Q1FY27 was characterized by robust top-line growth and significant margin improvement, offsetting volume declines. Net sales increased 23% to $5.8 billion, primarily due to higher average aluminum prices. The 5% drop in shipments to 916 kilotonnes was largely attributed to an estimated 33 kilotonne negative impact from the Oswego production disruption. Despite this, Adjusted EBITDA per tonne shipped rose to $563, up from $432 in the prior year period.

Operational Updates and Cash Flow

The Oswego hot mill resumed operations in early June 2026, with production ramping up to meet pent-up demand. The company recognized $300 million in insurance recoveries through the end of Q1FY27 related to the September and November 2025 fires. In Q1FY27, the estimated impact from the Oswego fires resulted in an $18 million net benefit to Adjusted EBITDA, as favorable insurance timing offset production interruptions.

Cash flow remained under pressure due to working capital requirements and capital expenditures. Net cash used in operating activities was an outflow of $455 million, compared to an inflow of $105 million in the prior year, driven by rising aluminum prices impacting working capital and the Oswego fire impacts. Adjusted free cash flow saw an outflow of $1.1 billion, primarily due to lower operating cash flow and higher capital expenditures for the Bay Minette plant in Alabama, which has begun its commissioning process.

Key Metrics at a Glance

The divergence between declining volumes and expanding margins underscores Novelis' pricing power and efficiency gains. While shipments fell 5%, Adjusted EBITDA per tonne jumped 30%, suggesting that favorable scrap prices and cost efficiencies more than compensated for lower throughput.

The net leverage ratio stood at 4.5x at the end of Q1FY27, elevated temporarily due to the timing of fire impacts and Bay Minette capital expenditure. Total liquidity stood at $2.1 billion as of June 30, 2026. The company entered into a $500 million unsecured term loan facility in July 2026, maturing in July 2028.

Forward Outlook

Novelis anticipates beginning to deleverage as capital spending normalizes following the Bay Minette startup. FY27 capital expenditures are expected to range between $2.1 billion and $2.4 billion, including approximately $350 million for maintenance capex. Management expects to return to positive free cash flow by Q4FY27 as capital spending normalizes post-Bay Minette startup. Hindalco has stated that Novelis' net debt will substantially come down and EBITDA per tonne will improve, reinforcing confidence in the company's financial trajectory as operational headwinds from Oswego subside.