Hindalco Industries Limited — PPTs, 12-08-2025: Investor Presentation

**1. Financial Highlights:**

Hindalco's Q1 FY26 consolidated revenue grew 13% YoY to 64,232 Cr; PAT surged 30% to 4,004 Cr. Consolidated EBITDA remained flat. Novelis EBITDA dipped 17% to $416Mn due to tariffs and higher scrap prices. India's Aluminum Downstream EBITDA impressively jumped 108% to 229 Cr, achieving a record Q1 performance. Net Debt to EBITDA improved to 1.02x.

**2. Strategic Initiatives & Growth Drivers:**

Novelis's Bay Minette plant is on track for H2 CY26 completion, targeting $300Mn in cost savings by FY28. India operations plan significant capacity doubling via new captive coal mines, an alumina refinery, and aluminum/copper smelters. Sustainability efforts prioritize 75% recycled content across products.

**3. Business Developments:**

Hindalco acquired US-based AluChem for $125Mn, enhancing its Specialty Alumina portfolio. Commissioning began for Aditya Flat Rolled Products (FRP), Copper Indium Gallium Telluride (IGT), and Aluminum Air Conditioning (AC) fins. A new copper E-Waste & Recycling facility is also planned for FY27.

**4. Market Position & Competitive Advantage:**

India Aluminum Upstream maintains global industry-leading margins and a first-quartile cost position. Downstream achieved record quarterly EBITDA due to a favorable product mix. Novelis continues to lead in advanced aluminum circular solutions, emphasizing recycling.

**5. Investor Implications:**

India's strong performance, especially in Aluminum Downstream, suggests positive growth potential. Novelis faces near-term headwinds, but strategic expansions and cost efficiencies are vital. Significant Capex warrants execution risk monitoring.