HINDALCO INDUSTRIES LTD. — Q1FY27 Earnings Call Summary

HINDALCO · Q1FY27 · Filed 13 Aug 2026

Key Takeaways

• Consolidated Q1 FY27 EBITDA up 58% y-y at INR13,481 Cr; PAT up 75% y-y at INR7,013 Cr
• Consolidated net debt/EBITDA at 1.95x; Novelis leverage expected below 4x by Q4 FY27
• Downstream aluminum EBITDA per ton sustainable around $250-$300; downstream EBITDA targeted to quadruple by FY30
• Novelis shipments down 5% y-y; adjusted EBITDA $516M, $563/ton, up 24-30% y-y; cost savings $225M run rate
• Novelis Oswego mill restarted; tariff impact of $70M persists but expected to reduce as supply chain normalizes
• Sustainability: 470 MW renewable capacity, 80% waste recycled, water efficiency improved, biodiversity initiatives ongoing
• Capex progressing: Aditya Alumina refinery and smelter expansions on track; captive coal mines Chakla and Bandha ramping
• India upstream aluminum EBITDA at record INR7,390 Cr, 81% y-y; EBITDA margin 55%, EBITDA per ton USD2,331
• India copper EBITDA up 36% y-y at INR918 Cr despite planned shutdown; EBITDA per ton ~$1,000 excluding shutdown

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.