Hindalco Industries Limited, incorporated in 1958, is the metals flagship company of the Aditya Birla Group. A $26 billion metals powerhouse, Hindalco is the world's largest aluminium company by revenues, and the world's second largest Copper rods manufacturer (outside China). Its headquarters are at Mumbai, Maharashtra, India, and the company is listed in the Forbes Global 2000 (2023) at 661st rank.
The company has established itself as a dominant force in the global metals industry through strategic acquisitions and organic growth. On 11 February 2007, the company entered into an agreement to acquire the American company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer. This acquisition marked a significant milestone, representing the largest Indian investment in North America and the second-largest overseas investment by an Indian company to this time.
Hindalco operates through four segments: Novelis, Aluminium Upstream, Aluminium Downstream and Copper.
**Novelis Operations:** The subsidiary, Novelis is the leading producer of flat-rolled aluminum products and the world's largest recycler of aluminum. The Novelis Segment is engaged in producing and selling aluminium sheet and light gauge products and operating in four continents: North America, South America, Europe, and Asia. It offers solutions to diverse industries, including beverage cans, automobiles, aerospace, and specialty markets such as foil packaging, transportation products, etc.
**Aluminium Upstream Business:** Hindalco operates across the value chain, from bauxite mining, alumina refining, coal mining, captive power plants and aluminium smelting to downstream rolling, extrusions, and foils. The company operates 27 bauxite mines across Jharkhand, Odisha, Chhattisgarh, and Maharashtra which are fueled by four captive coal mines. Once bauxite is mined, it is processed into alumina at state-of-the-art alumina refineries in Utkal, Renukoot, Muri, and Belagavi. The company extracts aluminium from alumina at its smelters, which have a combined annual production capacity of 1.3 million MT.
**Aluminium Downstream Business:** Its aluminium downstream business includes aluminium value-added products, such as flat rolled products, extrusion, and foils. Along with its subsidiary Novelis, the company leads the world in flat-rolled aluminium products, serving diverse markets from construction to cookware.
**Copper Business:** Hindalco is India's largest copper producer, serving more than half the country's copper requirements. Its copper facility in Gujarat, India, comprises a world-class copper smelter and refinery complex, downstream facilities, and a captive jetty. The Copper Segment includes copper cathode, copper rods, precious metals, and di-ammonium phosphate.
As of the latest data, Hindalco has a market cap of ₹1,57,182 crore (up 0.04% in 1 year). The company has delivered exceptional financial performance in recent quarters.
**FY2025 Performance:**
Hindalco Industries Limited announced its financial results for the fourth quarter and full year ended March 31, 2025, posting highest-ever revenue, profit after tax (PAT), and EBITDA. In the last quarter of the financial year 2025, Hindalco's revenue stood at INR 64,890 crore (USD 7.6 billion), bringing the full-year's revenue to INR 238,496 crore (USD 27.86 billion). While the company's Q4 revenue grew 16 per cent Y-o-Y, the full-year's revenue rose 10 per cent.
**Q4 FY2025 Highlights:**
- Net profit jumped 66.45% since last year same period to ₹5,283Cr in the Q4 2024-2025
- Revenue jumped 16.4% since last year same period to ₹65,596.00Cr in the Q4 2024-2025
- Net profit margin jumped 43% since last year same period to 8.05% in the Q4 2024-2025
**Full Year FY2025 Performance:**
- Hindalco's PAT amounted to INR 16,002 crore, compared to INR 10,155 crore (USD 1.9 billion), reflecting a surge of 58 per cent
- Hindalco announced a capital expenditure target of ₹7,500-₹8,000 crore for the current fiscal year
**Copper Business Excellence:** The Copper business has grown to become the 2nd largest in the world for Copper rods (excluding China). It achieved its best ever performance with sales crossing 500,000 tonnes for the first time, and an all-time high EBITDA for the quarter and the year. Copper Business delivered a new record-breaking performance in Q4, with EBITDA at an all-time high of Rs.776 crore, up 30% YoY, backed by record sales.
**Aluminium Upstream Strength:** The Aluminium India Upstream Business reported industry-best quarterly EBITDA margins of 32%, driven by higher volumes and cost optimisation. Aluminium Upstream EBITDA stood at Rs.2,709 crore in Q4 FY24, compared with Rs.2,192 crore for Q4 FY23, up 24% YoY. Upstream EBITDA margins, at 32%, were the best in the global industry.
**Novelis Performance:** Novelis demonstrated an improved EBITDA per tonne driven by lower operating costs, favourable metal benefits and market recovery. Novelis' adjusted EBITDA per tonne at $540 was up 25% YoY, and up 8% sequentially.
Guided by its purpose of building a Greener, Stronger, Smarter world, Hindalco has made sustainability the backbone of its operations and strategy. Some key initiatives include global-first circular economy solutions that utilise bauxite residue as an industry input rather than waste and pioneering responsible mining through developing India's first Sustainable Mining Charter.
Initiatives for carbon neutrality, water positivity, biodiversity, and zero waste to landfill have contributed to Hindalco being recognised as the world's most sustainable aluminium company by the Dow Jones Sustainability Indices in 2020 and 2021. Hindalco featured among the top 1 per cent in the aluminium industry for the fourth consecutive year globally - 2020, 2021, 2022, and 2023, in S&P Global's Corporate Sustainability Assessment 2024 Yearbook.
The equity shares of Hindalco are listed on the Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the S&P CNX Nifty. As on 31 March 2022, the promoters Aditya Birla Group held around 34.64% equity shares in Hindalco.
The company's brands include Eternia, Maxloader, Hindalco Extrusions, Hindalco Everlast, Freshwrapp, Superwrap, Birla Copper, Birla Copper-II, and Birla Balwan. These brands serve various industrial segments and consumer markets across the aluminium and copper value chains.
The company continues to maintain its leadership position in the global metals industry through operational excellence, strategic investments, and sustainable business practices, making it a key player in India's industrial growth story.
