Hindalco Industries
777.70
-22.10(-2.76%)
Market Cap₹1,74,766.81 Cr
PE Ratio10.12
Company Performance:
1D-2.76%
1M-0.92%
6M+17.30%
1Y+20.01%
5Y+256.66%
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More news about Hindalco Industries
07Nov 25
Hindalco Reports Strong Q2 Results, Plans ₹10,225 Crore Expansion, and Sees Increase in Debt Levels
Hindalco Industries Limited reported robust Q2 financial results with a 13% increase in consolidated revenue to ₹66,058.00 crore and a 21% growth in PAT to ₹4,741.00 crore. The company announced plans to expand its Aditya Aluminium unit in Odisha, adding 193 KT capacity with a ₹10,225.00 crore investment. Aluminium Upstream and Downstream segments showed significant growth, while Copper remained resilient. However, consolidated gross debt increased to ₹726.70 billion from ₹591.21 billion year-over-year.
07Nov 25
Hindalco Reports Robust Q2 Results with 13% Revenue Growth and 21.2% Profit Surge
Hindalco Industries Limited has reported impressive financial results for Q2 FY26. The company's consolidated revenue increased by 13% to ₹66,058.00 crore, while net profit rose by 21.2% to ₹4,741.00 crore compared to the same quarter last year. The India Aluminium Upstream segment saw a 22% increase in EBITDA to ₹4,524.00 crore, and the Aluminium Downstream segment's EBITDA surged by 69% to ₹261.00 crore. Managing Director Satish Pai attributed the strong performance to disciplined cost management, operational efficiencies, and the company's integrated business model.
05Nov 25
Hindalco Faces Downgrades After Novelis' Weak Results; Launches Dividend Claim Campaign
Hindalco's subsidiary Novelis reported disappointing results, with EBITDA declining to $422 million from $462 million. The company faced a $54 million impact from tariffs and expects a $100-150 million EBITDA hit from a fire at its Oswego plant. Multiple brokers downgraded Hindalco following these results. Separately, Hindalco launched a '100 Days Campaign - Saksham Niveshak' initiative to help shareholders claim unpaid dividends, running from July 28 to November 6, 2025.
04Nov 25
Novelis Expands Alabama Plant and Plans Oswego Mill Restart Amid Q2 FY26 Performance
Novelis Inc., a subsidiary of Hindalco Industries Limited, reported mixed financial results for Q2 FY26. Net income increased by 27% to $163 million, while Adjusted EBITDA decreased by 9% to $422 million. The company is investing in a greenfield plant in Alabama and plans to restart its Oswego mill by December 2025 following a fire incident. Novelis is implementing cost-reduction initiatives, targeting over $125 million in run-rate savings by the end of FY26. Despite challenges, the company remains optimistic about market fundamentals, particularly in beverage packaging.
04Nov 25
Novelis Reports Mixed Q2 FY2026 Results: Net Income Up 27%, Core Earnings Down
Novelis, a subsidiary of Hindalco Industries, announced its Q2 FY2026 financial results. The company reported a 27% year-over-year increase in net income to $163 million. However, net income excluding special items decreased by 37% to $113 million. This contrast between headline growth and core earnings decline suggests potential operational challenges amid special item benefits.
27Oct 25
Hindalco Shares Soar to Record High Amid Global Metal Price Rally
Hindalco Industries' shares reached a new high of Rs 836.20 on the BSE, driven by rising global metal prices. The stock gained 6.5% over three sessions and has grown over 40% year-to-date. Copper prices hit a 16-month high, with Shanghai Futures Exchange up 1.78% and LME copper rising 0.94%. Aluminum prices also increased by 0.73% on the LME. The company's stock is trading above key moving averages with an RSI of 76.2, indicating overbought conditions. Hindalco is set to announce its quarterly results on November 7.
24Oct 25
Hindalco Seals Agreement to Acquire EMIL Mines and Mineral Resources
Hindalco Industries Limited has signed a Share Purchase Agreement to acquire a 100% stake in EMIL Mines and Mineral Resources Limited (EMMRL) from Essel Mining & Industries Limited. The acquisition is expected to be completed by November 30, 2025, subject to conditions. Upon completion, EMMRL will become a wholly-owned subsidiary of Hindalco. This move aligns with Hindalco's strategy to strengthen its mining operations and enhance raw material security.
24Oct 25
Vedanta, Hindalco & Nalco Shares Surge on Rising Aluminium Prices; Hindalco's Novelis Plant Recovery Update
Major Indian aluminium producers saw significant stock rallies due to soaring global aluminium prices and tight supply-demand dynamics. Hindalco, Nalco, and Vedanta experienced price increases of 4.3%, 5.0%, and 3.5% respectively. The rally was driven by aluminium prices crossing $2,850 per tonne on the London Metals Exchange, production slowdown at Iceland's Century Aluminum, and increased US tariffs on aluminium imports. Vedanta announced plans for expansion in Odisha, while Hindalco provided updates on its AluChem acquisition and Novelis plant fire recovery.
23Oct 25
Hindalco's AluChem Acquisition Review Faces Delay Amid U.S. Government Shutdown
Hindalco Industries' step-down subsidiary, Aditya Holdings LLC, is experiencing delays in its acquisition of AluChem Companies, Inc. due to the ongoing U.S. federal government shutdown. The Committee on Foreign Investment in the United States (CFIUS) review process has been impacted, with statutory deadlines tolled and formal acceptance of the final filing pending. The review is expected to take approximately 105 days post-shutdown. Hindalco submitted a short-form declaration on August 6, 2025, followed by a long-form declaration on September 30, 2025. The company will provide updates upon completion of the review.
19Sept 25
Hindalco's Subsidiary Novelis Secures $100 Million Municipal Bond Agreement and Amends Term Loan Facility
Hindalco Industries Limited's subsidiary, Novelis Inc., has entered into a $100 million municipal bond agreement and amended its existing Term Loan credit facility. These financial moves aim to strengthen Novelis' financial position and flexibility. The company has filed a Form 8-K with the SEC and informed relevant stock exchanges about these developments.
18Sept 25
Hindalco's Novelis Plant in New York Halts Production After Fire Incident
A fire occurred at Hindalco Industries' Novelis plant in Oswego, New York on September 16, 2025, leading to a temporary production suspension. The fire was extinguished by 2:00 a.m. EDT on September 17, with no reported injuries. Hindalco has launched an investigation and is assessing the operational impact. The plant is insured for property damage and business interruption losses. The company has informed relevant stock exchanges in compliance with regulatory requirements.
29Aug 25
Hindalco Industries Executes Block Trade Worth Rs. 59.80 Crores on NSE
Hindalco Industries completed a significant block trade on the National Stock Exchange (NSE). The transaction involved 846,956 shares at Rs. 706.00 per share, totaling Rs. 59.80 crores. This large-scale trade indicates continued interest in Hindalco's shares among institutional investors and major traders. Hindalco, a subsidiary of the Aditya Birla Group, is a leading aluminum and copper manufacturer in India.
18Aug 25
Hindalco Q1: India Business Shines with 13% EBITDA Growth, Novelis Faces Headwinds
Hindalco Industries reported mixed Q1 results. India operations showed robust growth with EBITDA rising 13% YoY to ₹4,982 crores and net profit surging 45% to ₹2,847 crores. The aluminum upstream segment's EBITDA grew 17% YoY to ₹4,080 crores. Downstream aluminum business set records with EBITDA at ₹229 crores, up 108% YoY. Copper segment faced headwinds with EBITDA declining 16% YoY to ₹673 crores. Novelis, the US subsidiary, saw EBITDA decline 17% to $416 million due to high scrap prices and tariffs. Hindalco announced the acquisition of AluChem for $125 million and maintains a strong balance sheet with consolidated net debt-to-EBITDA at 1.02x.
16Aug 25
Hindalco Industries Sees 30% Profit Surge, Eyes Sustained Growth Through FY26
Hindalco Industries has reported strong financial results for the latest quarter. Net profit increased by 30% year-on-year to Rs 4,004.00 crore, while consolidated revenue rose 13% to Rs 64,232.00 crore. The company's aluminium upstream business achieved a 44% Ebitda margin, with Ebitda reaching nearly $1,500.00 per tonne. Managing Director Satish Pai expressed confidence in maintaining strong performance through FY26, contingent on LME aluminium prices staying between $2,400.00-$2,600.00 per tonne. Hindalco plans to commission two new projects in the July-September quarter: Aditya FRP and Copper IGT, expected to enhance production capabilities. The company's shares closed 5.09% higher following the announcement.
12Aug 25
Hindalco Reports Strong Q1 Results with 30% PAT Growth, No Impact from US Tariffs
Hindalco Industries posted strong Q1 FY24 results with a 30% increase in PAT to ₹4,004 crore and a 13% rise in consolidated revenue to ₹64,232 crore. The company's aluminium upstream business maintained 44% margins, while the downstream segment saw a 108% EBITDA growth. Novelis reported 1% growth in shipments and 8% increase in beverage can volumes. The board approved acquisitions of AluChem Companies Inc. for $125 million and EMIL Mines and Mineral Resources Limited. Management stated US tariffs had no impact on Indian operations during Q1.
11Aug 25
Novelis Q1 FY26: Net Income Falls 36% Despite 13% Revenue Growth
Novelis Inc., a subsidiary of Hindalco Industries, reported Q1 FY26 results with 13% YoY revenue growth to $4.70 billion, driven by higher aluminum prices and a 1% increase in shipments. However, net income fell 36% to $96 million, and Adjusted EBITDA decreased 17% to $416 million due to higher scrap prices, unfavorable product mix, and tariff impacts. The company accelerated its cost reduction program, now targeting over $100 million in savings by FY26 end. Novelis continues strategic investments in new facilities and expansions, maintaining $3.00 billion in total liquidity.
11Aug 25
Novelis Reports Q1 FY2026 Results and Launches $750 Million Cash Tender Offer
Novelis Inc., a subsidiary of Hindalco Industries, released its Q1 FY2026 financial results, showing a 36% decrease in net income to $96 million. Net sales increased by 13% to $4.7 billion, while adjusted EBITDA fell 17% to $416 million. The company faced challenges from higher scrap prices but maintained strong demand in key sectors. Novelis has accelerated its cost reduction program, now targeting over $100 million in savings by FY2026 end. The company continues progress on strategic projects, including the Bay Minette plant. Novelis Corporation has also initiated a cash tender offer for its 3.250% Senior Notes due 2026 and plans to issue $750 million in new senior unsecured notes due 2033.
07Aug 25
31 Companies Announce Dividends: MCX, Indian Oil, Hindalco Among Key Players
31 companies have announced dividend payments, with Thursday as the deadline for share purchase to qualify. Key announcements include MCX (Rs 30.00 per share), Indian Oil Corporation (Rs 3.00 per share, total payout Rs 4,236.40 crore), Hindalco Industries (Rs 5.00 per share), and Ceat (Rs 30.00 per share). Other companies include Mankind Pharma, ABB India, Aurobindo Pharma, Paras Defence and Space Technologies, and Quess Corp. The government, holding 51.5% stake in Indian Oil, will receive Rs 2,181.65 crore. Investors must purchase shares before the record date under India's T+1 settlement cycle to be eligible for dividends.
04Jul 25
Copper Wire Rod Imports Face Renewed Duties, Potential Impact on Metal Industry
The Directorate General of Trade Remedies (DGTR) has reimposed five-year duties on copper wire rod imports from four Southeast Asian countries to protect the domestic industry. This decision aims to create a more level playing field for Indian manufacturers. The specific countries affected and exact duty rates were not disclosed. This move could potentially impact major players in the metal industry like Hindalco Industries and alter the competitive landscape for copper wire rod in India.
25Jun 25
Hindalco's Subsidiary Expands into Low-Soda Tabular Alumina Market with $125 Million AluChem Acquisition
Hindalco Industries' subsidiary, Aditya Holdings LLC, has acquired US-based AluChem Companies, Inc. for $125 million. This marks the first entry by an Indian company into the low-soda tabular alumina segment. AluChem has an annual production capacity of 60,000 tonnes and three manufacturing facilities in Ohio and Arkansas, USA. The acquisition strengthens Hindalco's position in the specialty alumina market and expands its footprint in North America.
24Jun 25
Hindalco Industries to Acquire US-Based AluChem for $125 Million, Marking First Indian Entry into Low-Soda Tabular Alumina Segment
Hindalco Industries, through its subsidiary, is acquiring 100% equity in AluChem Companies, Inc. for $125 million. This marks the first entry by an Indian company into the low-soda tabular alumina segment. AluChem has an annual capacity of 60,000 tonnes across three facilities in Ohio and Arkansas, USA. The acquisition aims to expand Hindalco's specialty alumina portfolio, strengthen its presence in North America, and diversify its product range in the aluminum chemicals market.
19Jun 25
Hindalco Expands Global Footprint with Acquisition of Aditya Holdings LLC in U.S.
Hindalco Industries has acquired Aditya Holdings LLC in the United States, marking a significant step in its global expansion strategy. This strategic move aims to strengthen Hindalco's international presence, particularly in the North American market. The acquisition is expected to enhance Hindalco's market position, diversify its product portfolio, and provide access to new technologies and customer bases. While specific details are undisclosed, the move may lead to increased production capacity, market share growth, and potential operational synergies.
21May 25
Hindalco Industries' Q4 Profit Soars 41%, Beats Estimates; Announces Dividend
Hindalco Industries posted impressive Q4 results with net profit up 41% YoY to Rs 5,283.00 crore and revenue growth of 11.1% to Rs 64,890.00 crore. The company declared a dividend of Rs 5.00 per share. Analysts maintain a positive outlook, citing downstream project ramps and captive coal mining operations as key growth drivers. JPMorgan and Citi have raised their target prices for Hindalco stock in response to the strong performance.
21May 25
Hindalco Reaffirms Renewable Energy Goal, Plans to Announce Capital Spending Guidance
Hindalco Industries has restated its target to achieve 300 megawatts of renewable energy capacity by H1 2025. The company also announced plans to provide guidance for next year's capital spending in Q3 of the current year. These initiatives demonstrate Hindalco's commitment to sustainable practices and financial transparency, potentially influencing investor confidence and the company's competitive position in the metals industry.
20May 25
Hindalco Industries Rules Out Immediate IPO Plans for Novelis
Hindalco Industries, a leading aluminum and copper manufacturer, has announced during a recent conference call that it is not currently considering an IPO for its subsidiary, Novelis. The Managing Director of Hindalco explicitly stated this, addressing market speculations. This decision suggests Hindalco sees more value in keeping Novelis fully integrated within its operations. The announcement is expected to impact Hindalco's stock performance and market perception.
20May 25
Hindalco Industries Ltd: Strategic Coal Block Acquisition to Secure Fuel Supply
Hindalco Industries Limited has approved the acquisition of a 100% equity stake in EMIL Mines and Mineral Resources Ltd. (EMMRL) for ₹48.00 lakh, along with assuming ₹1,131.00 crore in net debt. This strategic move secures the Bandha coal block in Madhya Pradesh, which has reserves of 197 million tonnes and a 45-year mine life. The acquisition aims to ensure long-term fuel security for Hindalco's aluminium smelting operations, enhance vertical integration, and potentially reduce dependence on external coal suppliers.
20May 25
Hindalco Industries: Q4 Profit Surges 66% YoY, Revenue Up 16%, Approves Acquisition
Hindalco Industries reported strong Q4 results, surpassing market expectations. Consolidated net profit rose 66.4% to Rs 5,280 crore, while revenue increased 15.9% to Rs 64,900 crore. EBITDA grew 32.2% to Rs 8,836 crore, with margins expanding to 13.62%. The company declared a dividend of Rs 5 per share and approved the acquisition of EMIL Mines and Mineral Resources Limited.
19May 25
Hindalco Industries: Q4 Profit Projected to Surge Up to 55% YoY
Hindalco Industries is expected to report significant growth in its Q4 earnings. Analysts project a 25-55% year-over-year increase in net profit and a 4-12% rise in revenue. The growth is attributed to higher aluminum and alumina prices, improved operational efficiency, and increased market demand. EBITDA is also anticipated to show substantial year-over-year growth, reflecting strong operational performance. This positive outlook may indicate broader improving trends in the aluminum and metals sector.
19May 25
Hindalco Industries Sets Date for Q4 Results, Dividend Announcement
Hindalco Industries will release Q4 and FY 2025 results on May 20, 2025. The board will meet on the same day to approve results and consider dividend recommendation. An earnings call is scheduled for 4:30 PM. The trading window will be closed from April 1 to May 22, 2025, for regulatory compliance.
13May 25
Hindalco's Novelis Reports In-Line Q4 Results; Analysts Maintain Positive Outlook
Hindalco's subsidiary Novelis reported Q4 adjusted EBITDA of $494 per tonne, slightly below expectations but demonstrating resilience. Citi and Bank of America maintain 'buy' ratings on Hindalco, citing long-term potential despite near-term uncertainties. Analysts anticipate volume improvements for Novelis and highlight the copper segment's profitability potential. Near-term challenges include macroeconomic factors and tariff issues.
25Apr 25
Hindalco Enters EV Market: Delivers 10,000 Aluminium Battery Enclosures to Mahindra
Hindalco Industries has successfully delivered 10,000 aluminium battery enclosures to Mahindra & Mahindra from its new ₹500 crore facility in Chakan, Maharashtra. The facility currently produces 80,000 enclosures annually, with plans to double capacity to 160,000. The innovative enclosures offer up to 40% weight reduction, 8-10% improved driving range, and enhanced safety. Over 3,000 Mahindra EVs using these enclosures are already on Indian roads. The facility is expected to create up to 1,000 jobs and features a gender-diverse workforce.
11Apr 25
Hindalco Industries Summoned in Decade-Old Coal Scam Case
A special CBI court in New Delhi has summoned Hindalco Industries Ltd and two of its officials, SK Tamotia and PRS Mani, to appear on May 6 in connection with a coal scam case. The allegations include criminal breach of trust and fraud related to excess coal extraction between 2004-2005 and 2011. This legal challenge could impact Hindalco's reputation, potentially lead to financial consequences, and result in increased operational scrutiny.
01Apr 25
Hindalco Industries: $5.19 Billion Expansion Plan Targets 4x Recycling Growth
Hindalco Industries has unveiled a $5.19 billion investment plan to expand its aluminium and copper production capacity. The strategy aims to quadruple recycling capacity by FY30, reduce CO2 emissions, and target an EBITDA of over $600 per tonne for Novelis. The plan focuses on sustainability, digital transformation, and meeting India's growing demand for aluminium and copper products. This expansion is expected to reinforce Hindalco's market leadership, strengthen the local supply chain, generate employment, and encourage technological advancements in the industry.
21Mar 25
Hindalco Reveals Diversified Revenue Model and Unveils New Brand Identity
Hindalco Industries Limited announced that over 60% of its EBITDA comes from non-commodity linked revenue. The company also unveiled a new brand identity, transitioning from a materials supplier to an engineered solutions provider. Hindalco plans to invest ₹45,000 crore in aluminium, copper, and specialty alumina businesses. The company is expanding into automotive, packaging, energy storage, and aerospace sectors while maintaining a strong focus on sustainability.
21Mar 25
Hindalco Industries Unveils Bold New Identity and ₹45,000 Crore Investment Plan
Hindalco Industries Limited has announced a major strategic shift, transforming from a materials supplier to an engineered solutions provider. The company revealed a new brand identity and plans to invest ₹45,000 crore across its aluminium, copper, and specialty alumina businesses. The investment will focus on developing next-generation high-precision engineered products for industries including electric mobility, renewable energy, energy storage, and semiconductors. Hindalco aims to maintain its sustainability leadership, having been recognized as the World's Most Sustainable Aluminium Company for five consecutive years. The company's new tagline, 'Engineering Better Futures,' reflects its commitment to innovation and sustainable industrial solutions.
20Mar 25
Hindalco Industries Unveils New Identity and Announces ₹45,000 Crore Investment in Next-Gen Solutions
Hindalco Industries Limited has announced a major transformation, including a new brand identity and a ₹45,000 crore investment plan. The company is shifting from a traditional materials supplier to an innovative engineered solutions provider, focusing on sustainability and precision engineering. Key initiatives include collaborations in energy storage solutions, green projects like India's first e-waste recycling plant, and a 100MW renewable energy project in Odisha. Hindalco aims to revolutionize industries such as electric mobility, renewable energy, and high-end electronics.
Hindalco Industries
777.70
-22.10
(-2.76%)
1 Year Returns:+20.01%
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