Loading current stock analysis…
Loading current stock analysis…
As of 2026-08-25
Hindalco's sales have shown a generally increasing trend, rising from ₹130,542 crore in March 2019 to a projected ₹274,944 crore by March 2026. Net profit has been more volatile, decreasing from ₹5,495 crore in March 2019 to ₹3,767 crore in March 2020, then increasing to ₹13,730 crore in March 2022, before settling at ₹10,155 crore in March 2024 and a projected ₹13,391 crore by March 2026.
Hindalco's borrowings have decreased from ₹68,399 crore in March 2020 to ₹56,356 crore in March 2024. However, borrowings are projected to increase to ₹65,642 crore by March 2025 and further to ₹99,165 crore by March 2026.
As of August 24, 2026, Hindalco's daily trend is described as a moderate uptrend, with the price above its 20-day and 50-day Simple Moving Averages (SMA), and a bullish supertrend indicator. Weekly indicators also show a moderate uptrend. Volatility is currently high, and volume is neutral on a daily basis but showing a low conviction decline on a weekly basis.
In the 30 days leading up to August 24, 2026, there have been 3 positive attention events, including unusually active upward trading sessions on August 24 and August 7, 2026. There were no downside or neutral market events recorded in this period.
Recent official announcements include the incorporation of UHG Holdings IFSC Private Limited on August 20, 2026, as an associate company where Hindalco holds a 50% stake. Additionally, on August 19, 2026, the company published a notice regarding the loss of share certificates for a specific shareholder.
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Upward price movement of 2.59 standard deviations recorded on 2026-07-29.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹84,825 crore | ₹78,133 crore | ₹66,521 crore | ₹66,058 crore | ₹64,232 crore |
| Expenses | PEAK₹74,196 crore | ₹71,532 crore | ₹61,628 crore | ₹60,050 crore | ₹59,160 crore |
| Profit Before Tax | PEAK₹9,387 crore | ₹3,455 crore | ₹2,832 crore | ₹6,539 crore | ₹5,674 crore |
| Profit Loss For Period | PEAK₹7,013 crore | ₹2,597 crore | ₹2,049 crore | ₹4,741 crore | ₹4,004 crore |
| Tax Expense | PEAK₹2,380 crore | ₹854 crore | ₹780 crore | ₹1,799 crore | ₹1,672 crore |
| Finance Costs | ₹966 crore | PEAK₹1,042 crore | ₹881 crore | ₹803 crore | ₹754 crore |
Hindalco reported a sharp increase in profit for the quarter ended June 2026. Revenue rose 8.6% from the previous quarter while expenses grew only 3.7%, widening the gap between the two and supporting a 171.7% jump in pre-tax profit. On a year-over-year basis, revenue grew 32.1% and pre-tax profit rose 65.4%, with the latest quarter’s revenue and profit reaching their highest levels in the five‑quarter record.
Revenue for the quarter stood at ₹84,825 crore, up from ₹78,133 crore in the immediately preceding quarter (Q4 FY2025‑26) and from ₹64,232 crore in the same quarter a year ago. The sequential increase of ₹6,692 crore (8.6%) was the second largest in the five‑quarter period, after the ₹11,612 crore rise in the previous quarter. Year‑over‑year, revenue grew 32.1%.
Expenses amounted to ₹74,196 crore, compared with ₹71,532 crore in Q4 FY2025‑26 and ₹59,160 crore in Q1 FY2025‑26. The sequential increase of ₹2,664 crore (3.7%) was notably smaller than the revenue increase, while the year‑over‑year rise of 25.4% also trailed the revenue growth rate.
The gap between revenue and expenses widened from ₹6,601 crore in Q4 to ₹10,629 crore in the current quarter. This widening gap contributed to the sharp improvement in profitability.
Profit Before Tax (PBT) jumped to ₹9,387 crore from ₹3,455 crore in Q4 FY2025‑26, a sequential increase of ₹5,932 crore (171.7%). Compared with the same quarter last year (₹5,674 crore), PBT rose 65.4%. Net profit (Profit Loss For Period) followed a similar pattern, reaching ₹7,013 crore, up from ₹2,597 crore sequentially (170.0%) and from ₹4,004 crore a year ago (75.2%).
The PBT margin (PBT as a percentage of revenue) rose from 4.4% in Q4 to 11.1% in the current quarter, while the net profit margin increased from 3.3% to 8.3%. Revenue growing faster than expenses was a key factor in the margin expansion.
Earnings per share moved in line with net profit. Basic EPS increased to ₹31.58 from ₹11.70 in the prior quarter and from ₹18.03 a year ago. Diluted EPS was ₹31.51, compared with ₹11.67 and ₹18.00, respectively.
Finance costs were ₹966 crore, a decline of ₹76 crore (7.3%) from the ₹1,042 crore recorded in Q4 FY2025‑26. The sequential decline supported the growth in profit before tax. On a year‑over‑year basis, finance costs rose from ₹754 crore (28.1%).
Tax expense increased from ₹854 crore to ₹2,380 crore sequentially, reflecting the higher pre‑tax profit. The effective tax rate (tax expense as a percentage of PBT) was 25.4% in the current quarter, compared with 24.7% in Q4 and 29.5% in Q1 FY2025‑26. The lower tax rate relative to the year‑ago quarter further boosted net profit growth.
Segment revenue matched total revenue at ₹84,825 crore, and segment profit before tax was ₹9,393 crore, nearly identical to the consolidated PBT of ₹9,387 crore. The small difference indicates that unallocated items had a negligible impact on reported profitability.
Hindalco delivered record Q1 FY27 results with consolidated revenue up 32% YoY to ₹84,825 crore and EBITDA up 73% to ₹14,989 crore, driven by all-time high EBITDA across Aluminium Upstream (₹7,390 crore, +81%), Copper (₹918 crore, +36%), and Novelis (₹4,875 crore, +37%). Management attributed the performance to favorable macro tailwinds, resource security, premium product innovation, and operational excellence. MD Satish Pai stated, "Our pipeline of strategic investments remains robust across upstream and downstream... projects such as Aditya FRP, battery foil, battery enclosure, Inner Grooved Tube are progressing well while the ramp of Novelis’ Oswego plant and Bay Minette plant will mark another milestone."
Looking ahead, Novelis’ Bay Minette commissioning is underway with commercial shipments expected in Q1 FY28, and the long-term $600+/ton EBITDA guidance remains intact. Novelis targets $350-400 million in run-rate cost savings by FY28 exit. Hindalco announced a ₹768 crore capacity expansion at its Kuppam unit (10 KTPA addition, FY29) funded by internal accruals and debt. The proposed acquisition of AluChem Companies, Inc. is under CFIUS review, with finality anticipated by September 2, 2026. Net debt to EBITDA rose to 1.95x from 1.02x a year ago, reflecting increased capital spending and working capital.
The quarter ended June 2026 delivered a strong rebound in profitability. Revenue grew at a faster pace than expenses both sequentially and year‑over‑year, leading to a significant expansion of profit margins. Finance costs declined from the preceding quarter, and the effective tax rate was lower than a year ago, further supporting net profit. The quarter’s revenue and profit before tax were the highest in the five‑quarter series.
Exchange disclosures and regulatory announcements for Hindalco Industries.
On August 20, 2026, Hindalco Industries Limited incorporated UHG Holdings IFSC Private Limited in GIFT City, Gujarat, as an associate company. Hindalco holds 50% (50,000 shares for Rs. 5,00,000), UltraTech Cement holds 41%, and Grasim Industries holds 9%. UHG Holdings will seek IFSCA approval to operate in aircraft, ship, and vessel leasing.
On August 20, 2026, Hindalco Industries Limited jointly incorporated UHG Holdings IFSC Private Limited in GIFT City, Gujarat, alongside UltraTech Cement Limited and Grasim Industries Limited. The new entity, governed by the International Financial Services Centres Authority Act, 2019, was established to acquire and operate aircraft, ships, and other transportation modes, with incorporation subject to IFSCA approval. Hindalco subscribed to 50,000 shares at ₹10 each for a total cash consideration of ₹500,000, resulting in a 0.5% shareholding in the associate company.
Hindalco Industries Limited published a newspaper advertisement on August 19, 2026, regarding the loss of share certificates for shareholder Suryaashvin Daya Nand Alashvin (Folio No. H8021110, Certificate Nos. 11024553, 113308261-113309920). The company requests any objections to the issuance of duplicate certificates to be submitted in writing within 10 days from the date of publication.
Hindalco Industries reported consolidated Q1 FY27 EBITDA of INR13,481 crores, up 58% year-on-year, and profit after tax of INR7,013 crores, up 75%. The India upstream aluminum business achieved a record EBITDA of INR7,390 crores (USD2,331 per ton) with 55% margins, while copper EBITDA hit a record INR918 crores. Novelis recorded adjusted EBITDA of $516 million ($563 per ton) on shipments of 916 KT, down 5% year-on-year, and is targeting a $350-400 million structural cost reduction by FY28 exit. The company announced a brand royalty of 0.25% of revenue (capped at INR225 crores annually) to Birla Group Holdings Private Limited, effective from September 2026.
Hindalco Industries Limited uploaded the transcript of its Q1 FY27 earnings conference call to its website on August 13, 2026, at 11:00 AM. The call concluded on August 7, 2026, at 5:11 PM, following prior intimation to the exchange on July 29, 2026.
Hindalco Industries Limited will participate in the Motilal Oswal 22nd Annual Global Investor Conference on August 17, 2026, in Mumbai, with one-on-one and group meetings from 9:00 a.m. to 4:50 p.m. The company stated no unpublished price-sensitive information will be shared, and the Q1FY27 Earnings Presentation and Investor Day 2025 presentation are available on its website.
DSP Mutual Fund announced an Income Distribution cum Capital Withdrawal (IDCW) for the DSP ELSS Tax Saver Fund, with a record date of August 13, 2026. The per-unit distribution amount is subject to the availability of distributable surplus and may be lower. The record date may shift to the next business day if August 13 is a non-business day. The payout is subject to applicable TDS, and unit holders opting for reinvestment will receive units at the applicable NAV adjusted for stamp duty.
Hindalco Industries Limited announced its participation in the Motilal Oswal 22nd Annual Global Investor Conference scheduled for August 17, 2026, at 09:00 AM in Mumbai. The event will feature group and one-on-one sessions with institutional investors including UTI MF, Aberdeen Asset Management Asia, Bajaj Allianz Life Insurance, and Fidelity International. Subir Sen is designated as the contact person for the meeting, which will be conducted in-person.
Hindalco Industries Limited published newspaper advertisements on August 8, 2026, regarding its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. For the quarter, consolidated revenue from operations was ₹84,825 crore, profit before exceptional items and tax was ₹11,692 crore, and profit for the period was ₹7,013 crore. Basic earnings per share for the quarter were ₹31.58.
On August 7, 2026, Hindalco Industries Limited announced a capacity addition of up to 10 kilo-tonnes per annum for an existing plant with current capacity of up to 20 kilo-tonnes per annum. The company plans to invest INR 7.68 billion, financed through internal accruals and debt, to achieve this expansion by FY2029.
Hindalco Industries' step-down subsidiary Aditya Holdings LLC is acquiring 100% of AluChem Companies, Inc., subject to regulatory approvals. The CFIUS review timeline was tolled due to the partial U.S. federal government shutdown, but the process is progressing and is expected to conclude by September 2, 2026, pending final clearance.
Hindalco Industries Limited announced changes in its Senior Management Personnel (SMP) effective August 7, 2026. Mr. Kailash Pandey has been elevated to the role of CEO - Aluminium Upstream. Mr. Sameer Nayak has ceased to be an SMP due to a change in the organization structure and reporting.
Hindalco Industries Limited's Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, on August 7, 2026. The company also reported that Novelis incurred $8 million in financing fees due to an amendment to its ABL Revolver facility, enhancing the maximum revolving amount to $3.0 billion. Additionally, Novelis recorded $2,299 Crore (US$244 million) in exceptional expenses related to fire incidents at its Oswego, New York plant, partially offset by $447 million in business interruption recoveries.
On August 7, 2026, Hindalco Industries Limited uploaded an audio recording of its Q1 FY27 earnings call to its website, which had been held that day at 5:11 PM, following prior intimation to the exchange on July 29, 2026.
Hindalco Industries Limited reported record Q1 FY27 results with consolidated revenue at ₹84,825 crore, up 32%, and consolidated EBITDA at ₹14,989 crore, up 73%. Consolidated Profit After Tax (PAT) reached ₹7,013 crore, a 75% increase, driven by strong performance across all business segments including record EBITDA from Aluminium Upstream, Copper, and Novelis. The company also highlighted operational achievements such as the restart of Novelis' Oswego plant and progress on the Bay Minette plant commissioning.
Hindalco Industries Limited reported record Q1 FY27 results with consolidated revenue at ₹84,825 crore, up 32%, and consolidated EBITDA at ₹14,989 crore, up 73%. Consolidated Profit After Tax (PAT) reached ₹7,013 crore, a 75% increase, driven by strong performance across all business segments including record EBITDA from Aluminium Upstream, Copper, and Novelis. The company also highlighted operational achievements such as the restart of Novelis' Oswego plant and progress on the Bay Minette plant commissioning.
On August 7, 2026, Hindalco Industries Limited's Board approved two senior management changes effective immediately. Mr. Kailash Pandey transitions from Head - Mining and Sambalpur Cluster to CEO - Aluminium Upstream. Mr. Sameer Nayak ceases as Cluster Head - Renukoot due to a change in reporting structure.
Hindalco Industries published the audio recording of its Q1 FY27 earnings call for the quarter ended June 30, 2026, on its website on August 7, 2026, as a routine disclosure under Regulation 30 of SEBI Listing Regulations.
Hindalco Industries Limited's acquisition of AluChem Companies, Inc. by its subsidiary Aditya Holdings LLC has experienced delays due to a partial U.S. federal government shutdown, which tolled statutory review timelines under the CFIUS framework. The company anticipates the review process will conclude by September 2, 2026, subject to final clearance. This is the fifth update regarding the acquisition.
Hindalco Industries Limited announced a proposed capacity expansion at its Kuppam unit in Andhra Pradesh, India. The expansion will add up to 10 Kilo-Tonnes Per Annum to the existing capacity of 20 Kilo-Tonnes Per Annum. This expansion is planned for completion by FY2029 and requires an investment of ₹768 crores, excluding ₹40 crores for Interest During Construction. The project will be financed through internal accruals and debt, driven by a rationale of growth and expansion.
Novelis Inc. reported Q1 FY27 results with net income of $164 million, a 71% year-over-year increase, and Adjusted EBITDA of $516 million, up 24% year-over-year. Rolled product shipments were 916 kilotonnes, down 5% year-over-year, impacted by an estimated 33 kilotonne reduction due to the Oswego fires. The Oswego hot mill resumed operations in early June, and the Bay Minette plant commissioning is underway, with commercial shipments expected in Q1 FY28. The company anticipates returning to positive free cash flow by the end of FY27.
Novelis Inc. reported Q1 FY27 results with net income of $164 million, a 71% year-over-year increase, and Adjusted EBITDA of $516 million, up 24% year-over-year. Rolled product shipments were 916 kilotonnes, down 5% year-over-year, impacted by an estimated 33 kilotonne reduction due to the Oswego fires. The Oswego hot mill resumed operations in early June, and the Bay Minette plant commissioning is underway, with commercial shipments expected in Q1 FY28. The company anticipates returning to positive free cash flow by the end of FY27.
Hindalco Industries Limited received an ESG rating of "64" from ESG Risk Assessments and Insights Limited on August 3, 2026. The rating agency, which is SEBI registered, independently prepared the ESG report based on publicly available information, and Hindalco did not engage their services for this assessment. This rating reflects the company's performance on Environmental, Social, and Governance parameters.
Hindalco Industries Limited announced that its wholly owned subsidiary, Novelis Inc., will hold an Earnings Conference Call on August 5, 2026, at 16:30 IST. This call follows the announcement of Novelis's financial results for the first quarter ended June 30, 2026 (Q1 FY27). The call will include management discussion, a presentation on Q1-FY27 earnings and performance, and a Q&A session.
Hindalco Industries Limited will hold its Novelis Q1 FY27 Earnings Conference Call on August 5, 2026, at 16:30 IST. The virtual meeting, accessible to all investors, will discuss Q1 FY27 earnings. Contact Subir Sen at 91 22 69477000 or subir.sen@adityabirla.com for details.
Recent market and company developments associated with Hindalco Industries.
The Indian stock market is set to open lower due to weak global cues. The Nifty 50 fell to 24,219.05, while the Sensex declined 171.72 points. The escalating US-Iran tensions and new sanctions could affect market sentiment and energy prices.
Domestic copper demand is surging, driven by EV adoption, renewable power, and massive grid upgrades. Here’s a breakdown of the three key Indian players expanding capacity to capture this growth.
The BSE Sensex rose 628 points to 77,538, while the Nifty gained 154 points to 24,232. The Nifty Bank index advanced 256 points to 57,496, while the Nifty Midcap index gained 263 points to 63,672.
Some Nifty 500 stocks rallied as others slipped on reasons including crude oil's extended rise. Here's a look at today's top gainers and losers at market open
TCS share price, Eternal share price, DLF share price, midcap stocks, Kotak, market news
Market sentiment is likely to remain influenced by the interplay between crude oil prices, equity performance, foreign institutional flows and curren
Stock Market Highlights: Indian equity markets ended mixed on Monday, with the Sensex and Nifty closing 0.3% lower after CAS adjustments, while broader markets outperformed. The Sensex slipped 281 points to 77,728, while the Nifty fell 78 points to 24,288. Nifty Bank, however, closed 7 points higher at 57,498, while the Midcap index gained 35 points to 63,817.
Explore this week's top stocks: Bharti Airtel, Hindalco Industries, and Punjab National Bank, with key insights and strategies.
Allahabad HC Lucknow bench summons UP Chief Secretary and officials over unclear legal authority of power firms to charge Hindalco for Rihand river water.
The Sensex slipped 71 points to 78,009, while the Nifty fell 30 points to 24,366. The Nifty Bank gained 144 points to 57,491, while the Midcap index rose 339 points to 63,782.
Sensex Today | Stock Market Highlights: Indian equity markets ended lower on Friday after failing to hold on to the intraday recovery. The Sensex slipped 71 points to 78,009, while the Nifty declined 30 points to 24,366.
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
The promoter entity will receive a fee equivalent to 0.25% of the standalone revenue of all listed and unlisted group companies using the brand, capped at a maximum of ₹225 crore. The fee will be levied from 1 June 2026.
Sensex Today | Stock Market LIVE Updates: We are in the second half of this Sensex weekly expiry session, and the markets are under pressure again, as the Nifty index falls close to 50 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards.
After their demerger, Vedanta and Vedanta Aluminium Metal have reported robust financial outcomes for the first quarter, primarily due to rising commodity prices. Both companies are eyeing substantial capital investments to propel their growth strategies. With aluminium and base metal prices expected to stay strong in the near future, they are currently valued lower than their industry rivals, indicating potential for upward movement.
Foreign investors snapped a three-session buying streak on Wednesday, but strong domestic institutional purchases helped deliver a combined net inflow of ₹4,839 crore.
Q1 Results Today, 11th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
Titan Company led the gainers, rising 2.78% to ₹5,078.20, with an intraday high of ₹5,122.20
Q1 Results LIVE Updates: Bharat Forge Vodafone Idea, Hindustan Copper, Wockhardt, Info Edge, Zee Entertainment, Linde India, ideaForge, Gland Pharma, Bosch, Astra Micro, AstraZeneca Pharma, are among the companies reporting their earnings today. Earnings reactions will come from stocks like Kaynes Tech, PFC, Delhivery and many other stocks. Watch this space for all the LIVE results updates of the first quarter.
Sensex Today | Stock Market LIVE Updates: We are at the halfway mark of the first day of trade, and the markets are trading in a volatile space, as the Nifty index remains cautious. The index is looking to hold onto the 24,500 mark. The Nifty Bank is also under pressure, down 100 points. SBI, Adani Ports and HDFC Life are the top laggards.
Comprehensive Section Breakdown for Hindalco Industries
Strategic Vision: Indian metals company manufacturing aluminum and copper.
Category: Manufacturing
Produces primary metal ingots, billets, and wire rods, and recycles aluminum into sheets, coils, and foils for packaging and transportation.
Category: Manufacturing
Refines imported concentrate to produce copper cathodes, continuous cast rods, gold, silver, and phosphoric acid.
Key Products & Services: Birla Copper
Core Thesis: Hindalco operates a vertically integrated business model linking bauxite mines, global downstream recycling subsidiaries, and custom coastal copper smelters.
• Upstream Aluminium Sourcing: Operates captive bauxite mines supplying domestic alumina refineries, which then feed integrated aluminum smelters with captive power plants. • Downstream Integration (Novelis): Novelis, a wholly owned subsidiary, recycles aluminum scrap and processes primary metal into flat-rolled products for global markets. • Integrated Birla Copper Complex: Operates a custom copper smelter integrated with a captive jetty, refineries, and by-product recovery for fertilizer plants. • Captive Recycling Closed-Loop: Novelis implements closed-loop recycling programs with automotive partners, capturing and reusing factory scrap.
• Vertically integrated business model
• Captive bauxite mines and alumina refineries
• Integrated aluminum smelters with captive power plants
• Wholly owned downstream subsidiary for recycling and flat-rolled products
• Custom copper smelter integrated with captive marine jetty and by-product recovery