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Earnings Call

Hindalco Industries Earnings Call: Key Takeaways

Hindalco delivered solid Q4 FY26 performance with consolidated EBITDA at ₹10,812 Cr (up 11% YoY). Strategy focuses on massive upstream and downstream expansion while maintaining net debt/EBITDA under 2x.

Highlights
Revenue growthIndia upstream revenue up 11% YoY.
MarginsRecord copper EBITDA; Novelis margins supported by cost efficiency.
Demand visibilityStrong Indian demand (9% growth); global aluminum moved to deficit.
Management confidenceHigh; citing solid India footing and Novelis recovery year in FY27.

Growth

Upstream aluminum EBITDA $1,756/t; consolidated PAT at ₹2,597 Cr (impacted by Oswego fire exceptional item).

Outlook

FY27 capex ₹12k Cr (India) and $2.3-2.4B (Novelis). Target $600/t EBITDA for Novelis long-term.

Risks

Input cost inflation (5% guided for Q1), geopolitical conflict in West Asia, and tight global copper concentrate market.

Source

Earnings Call filed with NSE, NSE: HINDALCO. Summary written with AI assistance from the document.

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Hindalco Industries Ltd: key numbers

Share price
₹977.00
Market cap
₹2,19,554 Cr
Revenue (annual)
₹2,74,944 Cr
Net profit (annual)
₹13,391 Cr
P/E (TTM)
13.4×Sector 19.0×
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

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15:20 IST BSE
Board Meeting Date

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.

17:37 IST BSE
Capital Structure Change

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
14:46 IST NSE
Other Announcement

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.

14:39 IST BSE
Financial Results

Hindalco Industries Q1 FY27 Results: Net Profit ₹7,013 Cr, Up 75.1% YoY

Hindalco Industries Ltd reported revenue from operations of ₹84,825 Cr (+32.1% YoY) and net profit of ₹7,013 Cr (+75.1% YoY) for Q1 FY27.

Key figure
Net profit ₹7,013 Cr · +75.1% YoY