Hindalco is a subsidiary of Aditya Birla Group. It is an Indian\u00a0aluminum\u00a0and\u00a0copper\u00a0manufacturing company. It was incorporated in the year 1958. The headquarter is located in Mumbai, Maharashtra India. As per data Hindalco is one of the world’s largest aluminum rolling companies and one of the biggest producers of primary aluminum in Asia.\u00a0 Renukut unit was set up in 1962 and \u00a0the company began production of 20 thousand metric tons per year of aluminum metal and 40 thousand metric tons per year of alumina. In 1989 the company was restructured and renamed Hindalco.<\/p>\n\n\n\n
Key Financial Highlights<\/u><\/strong><\/p>\n\n\n\n Consolidated PAT increased by 96% YOY to\u20b93,675 crore.<\/p>\n\n\n\n Consolidated EBITDA increased 38% YOY to \u20b97,624 crore.<\/p>\n\n\n\n Novelis Adjusted EBITDA at $506* million and EBITDA per ton at $544*, both up by 1% YoY.<\/p>\n\n\n\n Novelis Net Income from continuing operations increased 33% YoY to $259 million.<\/p>\n\n\n\n Aluminium India EBITDA at \u20b93,376 crore, increased 131% YoY. EBITDA margins of 41%.<\/p>\n\n\n\n Novelis<\/u><\/strong><\/p>\n\n\n\n Novelis quarterly adjusted EBITDA increased 1%YOY to $506 million driven by strong product pricing and mix as well as favourable metal benefits. Adjusted EBITDA per ton is $544 in Q3 FY22, increased by 1% YoY. Novelis\u2019 Net Income increased by 33% YoY to $4.3 billion driven by higher global aluminium prices.<\/p>\n\n\n\n Aluminium India<\/u><\/strong><\/p>\n\n\n\n EBITDA increased 131% YoY to \u20b93,376 crore. EBITDA margins were at 41% and continue to be the best in the industry. Total Revenue from aluminium business is \u20b98,243. Aluminium metal sales incr eased 3% YoY at 325 Kt. Aluminium VAP increased by 8% Y-O-Y to 86 Kt. VAP sales, as a percentage of total metal sales, were 27% this quarter.<\/p>\n\n\n\n Copper<\/u><\/strong><\/p>\n\n\n\n Copper Cathode production increased by 99% to 102 Kt in Q3 FY22. Copper Continuous Cast Rod (CCR) sales in Q3 FY22 were up 9% YoY, at 71 Kt. EBITDA for the business stood at \u20b9390 crore in Q3 FY22 increased 63% Y-O-Y. Revenue from the Copper Business was \u20b910,255 crore this quarter, increased by 67% Y-O-Y.<\/p>\n\n\n\n Conference Call Highlights:<\/u><\/strong><\/p>\n\n\n\n Management Updates<\/u><\/strong><\/p>\n\n\n\n The company has achieved 81% of total recycling and re-use of all waste generated in the 9M-FY22.<\/p>\n\n\n\n Novelis recorded quarterly shipments of 930 Kt in Q3 FY2022.<\/p>\n\n\n\n Hindalco has successfully renewed its 5.35 million tons of coal linkages with Coal India to ensure resource security.<\/p>\n\n\n\n Consolidated Net Debt to EBITDA was at a strong 1.62x on Q3 FY 2022.<\/p>\n\n\n\n $375 million investment made to expand its rolling and recycling capabilities in Zhenjiang, China.<\/p>\n\n\n\n Business Updates<\/u><\/strong><\/p>\n\n\n\n Hindalco acquired Hydro\u2019s 15 Kt high-end extrusions facility at Kuppam.<\/p>\n\n\n\n Hindalco retained its position as the world\u2019s most sustainable aluminium company in the Dow Jones Sustainability Index 2021.<\/p>\n\n\n\n Hindalco retains position as the world\u2019s most sustainable aluminium company in DJSI 2021.<\/p>\n","protected":false},"excerpt":{"rendered":" Hindalco is a subsidiary of Aditya Birla Group. It is an Indian\u00a0aluminum\u00a0and\u00a0copper\u00a0manufacturing company. It was incorporated in the year 1958. The headquarter is located in Mumbai, Maharashtra India. As per data Hindalco is one of the world’s largest aluminum rolling companies and one of the biggest producers of primary aluminum in Asia.\u00a0 Renukut unit was […]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[9162],"class_list":["post-128258","post","type-post","status-publish","format-standard","hentry","category-research-summary","category-research-tear-sheet","tag-aluminum"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":131151,"url":"https:\/\/alphastreet.com\/india\/hindalco-q4-fy-2022-research-summary\/","url_meta":{"origin":128258,"position":0},"title":"Hindalco Q4 FY 2022 Research Summary","author":"sreerupa","date":"July 14, 2022","format":false,"excerpt":"Hindalco is a subsidiary of Aditya Birla Group. It is an Indian\u00a0aluminium\u00a0and\u00a0copper\u00a0manufacturing company. It was incorporated in the year 1958. The headquarters is located in Mumbai, Maharashtra India. As per data Hindalco is one of the world's largest aluminium rolling companies and one of the biggest producers of primary aluminium\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"Research Summary","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128231,"url":"https:\/\/alphastreet.com\/india\/hindalco-industries-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128258,"position":1},"title":"Hindalco Industries Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 11, 2022","format":false,"excerpt":"https:\/\/youtu.be\/iNpS-1Rfks0 Key highlights from Hindalco Industries Ltd (HINDALCO) Q3 FY22 Earnings Concall Management Update: HINDALCO commented it reached its FY22 target of 100 megawatts of renewable capacity in 3Q. Also identified nearly 69 megawatts of renewable projects and targeting to reach 200 megawatts by the end of FY '25. HINDALCO\u2019s\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140947,"url":"https:\/\/alphastreet.com\/india\/hindalco-industries-limited-q3-fy23-net-profit-down-by-63\/","url_meta":{"origin":128258,"position":2},"title":"Hindalco Industries Limited Q3 FY23; Net Profit Down By 63%","author":"Hardik Bhandare","date":"February 10, 2023","format":false,"excerpt":"Hindalco Industries Limited (NSE: HINDALCO) reported Revenue from Operations for Q3 FY23 of \u20b953,151 Crore up from \u20b950,272 Crore year on year, a growth of 6%. The Revenue was driven by Novelis segment which increased by 8% up to \u20b934,685 Crore. Consolidated Net Profit of \u20b91,362 Crore, down 63% from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/cf5c1e86-a3ff-40a7-a61f-6e1e4f174683-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154491,"url":"https:\/\/alphastreet.com\/india\/hindalco-industries-worlds-largest-aluminum-recycling-company\/","url_meta":{"origin":128258,"position":3},"title":"Hindalco Industries – World’s Largest Aluminum Recycling Company","author":"Chirag Gupta","date":"August 30, 2023","format":false,"excerpt":"FY24 has started on a promising note. Our focus on expanding our value-added portfolio and operational efficiencies has enabled us to deliver a sustained performance in the face of continued macroeconomic pressures. An enhanced product mix saw the Aluminium India Downstream Business generating higher value, with Q1 EBITDA increasing by\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1448587397.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1448587397.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1448587397.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":166997,"url":"https:\/\/alphastreet.com\/india\/hindalco-q3-2024-2025-call-highlights-coal-strategy-alumina-expansion-strategic-expansion-plans\/","url_meta":{"origin":128258,"position":4},"title":"HINDALCO Q3 2024-2025 Call Highlights: Coal Strategy, Alumina Expansion & Strategic Expansion Plans!","author":"Praveen","date":"February 20, 2025","format":false,"excerpt":"Hindalco Industries Ltd., an Indian aluminium and copper manufacturing company, and a subsidiary of the Aditya Birla Group, in its Q3 earnings call outlined major expansion plans including the Meenakshi mine acquisition, potentially reducing coal costs by 30%, INR40,000 crore investment in India, and Novelis's $6 billion three-year CapEx. Key\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":160232,"url":"https:\/\/alphastreet.com\/india\/hindalco-industries-ltd-q3fy24-71-rise-in-profits\/","url_meta":{"origin":128258,"position":5},"title":"Hindalco Industries Ltd Q3FY24; 71% rise in Profits","author":"Divyansh_Kasana","date":"March 27, 2024","format":false,"excerpt":"Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is alsoengaged in the manufacturing of aluminium sheet, extrusion and light gauge products for use in packaging markets like\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-266.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1796"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128258"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128258\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}(\u20b9 Crore)<\/td> Q3 FY21<\/td> Q3 FY 22<\/td><\/tr> Revenue from Operations<\/td> 34,958<\/td> 50,272<\/td><\/tr> EBITDA<\/td> 5,521<\/td> 7,624<\/td><\/tr> Profit\/ (Loss) After Tax<\/td> 1,877<\/td> 3,675<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n