Hindalco Industries Q1 Results: Earnings Call Scheduled for August 5 2 days ago
Hindalco Industries has scheduled its Q1 earnings call for August 5 at 4:30 PM. The call will offer investors and analysts an opportunity to review the company's quarterly financial performance. Stakeholders are advised to mark the date for the latest updates from the company.
Hindalco Industries Records ₹62.51 Crore Block Trade on BSE at ₹941.50 Per Share
Hindalco Industries recorded a block trade on the BSE involving approximately 663892 shares at ₹941.50 per share. The total transaction value stood at ₹62.51 crore. Such large block deals are generally associated with institutional activity and are executed to limit price disruption in the open market.
16Jul 26
Kotak Securities Upgrades Hindalco to Buy, Raises Target Price to ₹1,120
Kotak Securities has upgraded Hindalco Industries to Buy, raising its target price to ₹1,120, citing the end of operational disruptions and improved earnings visibility. Growth projects and business normalization are expected to drive performance, with the India business set to accelerate from FY28. Aluminium market tightness is anticipated to persist despite easing deficits, and a healthy balance sheet supports the company's ongoing capital expenditure plans.
14Jul 26
Hindalco Industries Records Block Trades on NSE and BSE Exchanges
Hindalco Industries saw significant institutional block trade activity across two exchanges. On the NSE, a trade worth ₹23.86 crores was executed for approximately 2,48,562 shares at ₹959.85 per share, while on the BSE, a trade of ₹19.92 crores was recorded for approximately 2,01,962 shares at ₹986.50 per share.
Hindalco Industries to Consider Q1 Results on August 7
Hindalco Industries has announced a board meeting scheduled for August 7 to consider its Q1 financial results. The meeting represents a key event in the company's financial calendar and is expected to be closely monitored by investors and market participants. This follows standard corporate governance procedures for the disclosure of quarterly financial performance.
25Jun 26
InCred Flags 30–40% Valuation Downside for Indian Aluminium Producers Amid Bearish Metal Outlook
InCred has maintained a negative outlook on aluminium, arguing that scrap and secondary supply in China are offsetting primary metal tightness. The brokerage warns that the fading Middle East risk premium could drive aluminium prices down by approximately $800/t. As a result, InCred sees a 30–40% downside risk to the valuations of National Aluminium Company, Vedanta Aluminium, and Hindalco Industries.
Hindalco Arm Novelis Yet to Recover Bulk of Losses From Oswego Impact, Hit Seen at Rs.15000 Crs
Hindalco Industries' arm Novelis is yet to recover the bulk of losses from the Oswego impact, with the financial hit seen at Rs.15000 Crs, as reported by Moneycontrol. The recovery of these losses remains pending, reflecting the ongoing financial strain on the subsidiary. The development is a key monitorable for Hindalco Industries given the material scale of the impact.
Hindalco Industries Records ₹59.99 Crore Block Trade on NSE at ₹1050.90 Per Share
Hindalco Industries recorded a block trade on the NSE involving approximately 570,818 shares at ₹1050.90 per share. The total transaction value amounted to ₹59.99 crores. Such block trades are generally associated with institutional investor activity and are executed to limit broader market disruption.
Morgan Stanley Maintains Overweight on Hindalco Industries with Target Price of ₹1,325
Morgan Stanley has maintained an Overweight rating on Hindalco Industries with a target price of ₹1,325. The brokerage cites expected power cost moderation of approximately 30%, leading to a 12–13% total cost reduction, and supportive LME aluminium prices driven by supply constraints and inventory drawdown. EBITDAS recovery is anticipated from FY27, with the Oswego restart projected to turn cash positive by FY27-end. Insurance recoveries are estimated at approximately US$1.2–1.3bn, accounting for 70–75% of losses.
Hindalco Expects Q1FY27 Aluminium EBITDA/t to Rise; Brokerages Stay Mixed
Hindalco Industries expects Q1FY27 aluminium EBITDA per tonne to improve over Q4FY26, per CNBC TV18. Six brokerages hold divergent ratings ranging from HSBC's Buy at ₹1430 to Jefferies' Hold at ₹890 and Kotak's Reduce at ₹1100, with key debates centred on the Oswego restart, Bay Minette expansion within a USD 5 billion capex plan, rising net debt, and back-ended growth drivers.
Hindalco Industries Records Two NSE Block Trades Totalling Rs. 144.93 Crores
Hindalco Industries recorded two NSE block trades at Rs. 1086.00 per share. The first trade involved approximately 947,735 shares worth Rs. 102.92 crores, while the second covered approximately 386,811 shares valued at Rs. 42.01 crores. Both transactions were executed at an identical per-share price, reflecting significant institutional participation in the stock.
Hindalco Industries Plans $2.1 Billion to $2.4 Billion Capital Spending for FY27, Including About $350 Million for Maintenance
Hindalco Industries has announced a capital expenditure plan of $2.1 billion to $2.4 billion for FY27. Approximately $350 million of the total planned spending is earmarked for maintenance expenditures. The announcement reflects the company's significant investment commitment for the upcoming fiscal year, covering both growth-oriented and maintenance-related capital allocation.
27Apr 26
HSBC Issues Buy Rating for Hindalco Industries with ₹1,310 Target Price
HSBC has assigned a Buy rating to Hindalco Industries with a target price of ₹1,310, citing expected positive Novelis newsflow from Oswego and Bay Minette facilities in CY26. The brokerage believes the company's prior underperformance versus peers and anticipated earnings upgrades support upside potential. HSBC also presents a bull case scenario with a ₹1,670 target, driven by higher LME prices, stronger Novelis performance, and multiple expansion opportunities.
15Apr 26
HSBC Raises Hindalco Industries Target Price to ₹1,310 on Aluminium Supply Disruptions
HSBC has maintained its Buy rating on Hindalco Industries while raising the target price to ₹1,310, citing Middle East supply disruptions supporting aluminium prices. The brokerage increased LME aluminium forecasts by 10%/8% for CY26/27 to $3,524/$3,500 per tonne, with prices expected to average ~$3,300 per tonne through CY30.
JPMorgan Upgrades Hindalco Industries to Overweight with Target Price of ₹1,125
JPMorgan has upgraded Hindalco Industries to Overweight with a target price increase to ₹1,125 from ₹875. The upgrade is based on strong earnings upside from higher LME aluminium prices, INR depreciation benefits, Middle East supply disruptions, and smelter outages. Additional positive factors include improving Novelis outlook with Oswego restart and better scrap spreads, enhanced copper earnings from higher sulphuric acid prices, and attractive valuations with commodity tailwinds expected to ease debt concerns.
Hindalco Industries Executes Rs. 37.35 Crore Block Trade on NSE
Hindalco Industries completed a major NSE block trade worth Rs. 37.35 crores involving approximately 407,765 shares at Rs. 915.95 per share. This significant institutional transaction demonstrates active trading interest in the aluminum and copper manufacturer's stock through off-market channels.
Kotak Maintains SELL Rating on Hindalco Industries with Rs 800 Target Price Amid US Market Challenges
Kotak Institutional Equities maintains SELL rating on Hindalco Industries with Rs 800 target price due to rising US scrap spreads and Novelis production constraints. Scrap now comprises ~47% of P1020 versus 70% last year, while plant outages limit gains. Margins expected to bottom in Q3 FY26 with normalization only in 2H FY27E. Despite India business benefiting from commodity tailwinds, rich valuations support the negative rating.
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.
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.
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.