BUILT ON TRUST.

PROVEN IN
PERFORMANCE.

AFORCEFORGOOD

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Our Group Purpose Statement


To enrich lives, by building dynamic and responsible businesses and institutions, that inspire trust

Mr. Aditya Vikram Birla

Mr. Aditya Vikram Birla

14.11.1943 - 01.10.1995

WE LIVE BY HIS VALUES.
INTEGRITY, COMMITMENT, PASSION, SEAMLESSNESS AND SPEED.
Battery enclosure plant
Battery enclosure plant in Chakan, Pune.
The plant marks Hindalco’s foray into the EV components sector
BUILT ON TRUST.

PROVEN IN
PERFORMANCE.

For over six decades, Hindalco earned its place in India's industrial landscape not only through scale, but also through the trust of those it serves. From supporting India’s early industrialisation to enabling the nation’s growing aspirations, we have been playing a pivotal role in building materials that are the backbone of our modern economy.

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HINDALCO AT A GLANCE

Rooted in Legacy, Driven by Progress
Engineered for the Future

Extrusion plant in Silvassa
India’s first fully automated plant, state-of-the-art extrusion plant in Silvassa

Our Mission

To relentlessly pursue the creation of superior shareholder value, by exceeding customer expectation profitably, unleashing employee potential, while being a responsible corporate citizen, adhering to our values.

VISION

To be a premium metals major, global in size and reach, excelling in everything we do, and creating value for its stakeholders.

VALUES

Integrity

Honesty in every action

Seamlessness

Thinking and working together across functional silos, hierarchy levels, businesses, and geographies

Commitment

On the foundation of integrity, doing what it takes to deliver, as promised

Speed

Responding to stakeholders with a sense of urgency

Passion

Missionary zeal arising out of an emotional engagement with work

OUR BUSINESS AT A GLANCE

Driving Progress,
Sustaining the Future

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Aluminium

A market leader in India’s fully integrated aluminium sector and the world’s leading manufacturer of flat‑rolled aluminium, with significant strengths in recycling and Primary Aluminium.

Production Capacity


1.34 million MTAluminium Upstream
(Primary Metal)
0.60 million MTAluminium Downstream (VAP)
4.3 million MTAluminium Flat Rolled Products (Novelis)

Copper

Products known for high purity and quality in domestic as well as global markets.

Production Capacity


0.42 million MTCopper Cathodes
0.54 million MTCopper Continuous Cast Rods (CCR)

Specialty Alumina

Recognised as a prominent global player in specialty alumina and hydrates.

Production Capacity


0.56 million MT
Specialty Alumina
Copper
Aluminium
Kumar Mangalam Birla

Chairman’s Letter
To Shareholders

For the Aditya Birla Group, it has been a year of unprecedented growth and renewal. The Group has been an engine of big bets, moving with conviction across multiple frontiers."

Signature

Kumar Mangalam Birla

Chairman

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Satish Pai

Decades of Trust.
A Future of Value.

Dear Stakeholders

The theme of this Annual Report well expresses Hindalco’s story. For decades your Company has been entrusted to deliver on stakeholder expectations, and we have always risen to meet challenges and prove our capabilities.

Our journey has been unprecedented. Since our inception 65+ years ago, Hindalco has evolved from a single aluminium unit to a global entity with 48 plants across 10 countries.

Signature

Satish Pai

Managing Director
Hindalco Industries Limited

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OUR ESG PERFORMANCE

Tracking Triumphs
Inspiring Tomorrow

Environment
470 MWInstalled renewable capacity till date*
20.33% ReductionIn specific greenhouse emissions (GHGs) for Aluminium operation from base year FY 2011‑12*
16 PlantsOf 19 achieved ZLD*
40Sites in India with Biodiversity Management Plans (BMPs)*
88%Recycling of non‑hazardous and hazardous waste*

*Hindalco India
**Global Operations: Includes Hindalco India Operations and Novelis

Social
85,107Global workforce**
₹48.83 croreInvestment in training and development*
93%Employee engagement score under VIBES survey*
₹226.16 croreTotal Community Spend**
89%Novelis Customer Satisfaction Score

*Hindalco India
**Global Operations: Includes Hindalco India Operations and Novelis

Governance
145Patents Granted**
₹856.56 croreSpent on R&D**
3.78 million MTTotal Alumina Production*
90 KTAluminium Extrusion Production (19.65% Y-o-Y Growth)*
12New products and applications developed*

*Hindalco India
**Global Operations: Includes Hindalco India Operations and Novelis

BUSINESS MODEL

Our Vision and Strategy

Business Model

Consolidated Financial
Performance Highlights

* ROCE is EBIT excl Treasury Income divided by Average Capital Employed (Net Worth + Gross Debt + Net DTL – CWIP - Treasury Investments – Investment in Group Companies)

Financial Capital

Strong Balance Sheet which Aids Growth Capex

Key Highlights


Revenue₹274,944 crore
EBITDA₹38,097 crore
PAT₹13,391 crore
Operating Cash Flow₹10,250 crore
Net Debt / EBITDA1.83
ROCE*20%

* ROCE is EBIT excl Treasury Income divided by Average Capital Employed (Net Worth + Gross Debt + Net DTL – CWIP - Treasury Investments – Investment in Group Companies)

Focus Areas


  • +Preserve Balance Sheet Strength
  • +Re-invest internal accruals into growth capex
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Manufactured Capital

Nimbly Responding to Shifting Demand Levers

Key Highlights


Manufacturing Plants48
Operational Mines*17
Total Alumina Production3.78 million MT
Novelis plants29
Aluminium Extrusion Production (19.65% Y-o-Y Growth)90 KT

* The details provided are for India operations

Focus Areas


  • +Expansions in aluminium, specialty alumina and copper
  • +Driving operational excellence
  • +Process digitalisation
  • +ESG integration across the value chain
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Human Capital

Augmenting Employee Capabilities, Powering Progress with People

Key Highlights


Global workforce85,107
New hires3,349
Investment in training and development for full-time employees (FTEs)*₹48.83 crore
Hours of training provided2.89 million
Employee engagement score under VIBES survey*93%

* The details provided are for India Operations

Focus Areas


  • +Occupational Health & Safety
  • +Human Capital Development
  • +Inclusion, Equal Opportunity & Diversity
  • +Human Rights
  • +Employee Wellbeing
  • +Organisational Effectiveness
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Intellectual Capital

Innovation Anchored in Operational Scale and Value-Creation

Key Highlights


Patents Granted145
New products and applications developed*12
Spent on R&D₹856.56 crore

* The details provided are for India Operations

Focus Areas


  • +Strengthening R&D for value-added products and applications
  • +New technological solutions
  • +Product quality and performance
  • +Digitalisation
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Natural Capital

Expanding and Enhancing The Net Zero Ecosystem

Key Highlights


Installed renewable capacity till date470 MW
Total rainwater harvested18 million m³
Reduction in specific greenhouse emissions (GHGs) for aluminium operation from base year FY 2011-1220.33%
ZWTL certification9 Plants
Reduction in specific water consumption for aluminium operation from FY 2024-254%
Recycling of non-hazardous and hazardous waste88%
Aluminium Stewardship certification46
Recycled content in Novelis products61%
Plants out of 19 achieved ZLD16
Cans recycled in Novelis operations85 billion
Water recycled and reused in aluminium operations30.99%
Saplings planted in FY 2025-268.55 lakh

Focus Areas


  • +Net Zero Emission
  • +Ambient Air Quality-Clean Air to Breathe
  • +Circular Economy, Recycling, Safe & Secured Tailings Management
  • +Product Stewardship
  • +Nature Positivity - No Net Loss and Net Positive Impact on Biodiversity
  • +Sustainable Mining
  • +Water Stewardship (Zero Liquid Discharge, Water Neutrality & Water Positivity)
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Social and Relationship Capital

Engaging, Equipping and Empowering Our Partners

Key Highlights


Lives Touched+2.1 Mn
Total Community Spend₹226.16 crore
Tier-1 Suppliers26,881
Procurement Spend₹129,129 crore
Novelis Customer Satisfaction Score89

Focus Areas


  • +Strengthening ties with communities
  • +Fostering Customer Relationships
  • +Responsible Supply Chain
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OUR STRATEGIC PRIORITIES

Vision for Sustainable Future

RISK AND OPPORTUNITIES

Resilient by Design, Prepared for Change

MATERIALITY ASSESSMENT

Materiality Assessment

Stakeholder Engagement

Scaling Impact through Responsible Partnerships

Our stakeholders are integral to Hindalco’s purpose, progress and ability to create long-term value. They help shape our priorities, strengthen our decision-making and guide our journey towards excellence, sustainability and inclusive growth.

Report cover