Integrated Filing — IndAS
General information about company
| Scrip Code |
500440 |
| NSE Symbol |
HINDALCO |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE308A01020 |
| Name of company |
HINDALCO INDUSTRIES LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2026 |
| Date of end of financial year |
31-03-2027 |
| Date of board meeting when results were approved |
06-11-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
25-09-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
06-11-2026 12:15:00 |
| End date and time of board meeting |
06-11-2026 13:30:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
91,70,800.00 |
1,76,53,300.00 |
|
Other income |
94,300.00 |
2,00,000.00 |
|
Total income |
92,65,100.00 |
1,78,53,300.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
60,09,000.00 |
1,20,58,900.00 |
| (b) |
Purchases of stock-in-trade |
11,000.00 |
20,900.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
98,700.00 |
(5,89,400.00) |
| (d) |
Employee benefit expense |
4,60,000.00 |
9,32,500.00 |
| (e) |
Finance costs |
93,300.00 |
1,89,900.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
2,52,400.00 |
4,86,100.00 |
| (f) |
Other Expenses |
| 1 |
Power and fuel |
3,94,600.00 |
7,59,500.00 |
| 2 |
Other expenses |
9,14,400.00 |
17,90,600.00 |
| 3 |
Impairment loss/ (reversal) on financial assets (net) |
1,700.00 |
5,700.00 |
| 4 |
Impairment loss/ (reversal) of non-current assets (net) |
0.00 |
0.00 |
|
Total other expenses |
13,10,700.00 |
25,55,800.00 |
|
Total expenses |
82,35,100.00 |
1,56,54,700.00 |
| 3 |
Total profit before exceptional items and tax |
10,30,000.00 |
21,98,600.00 |
| 4 |
Exceptional items |
28,400.00 |
(2,01,500.00) |
| 5 |
Total profit before tax |
10,58,400.00 |
19,97,100.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
2,67,900.00 |
5,27,400.00 |
| 8 |
Deferred tax |
38,200.00 |
16,700.00 |
| 9 |
Total tax expenses |
3,06,100.00 |
5,44,100.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
7,52,300.00 |
14,53,000.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
1,000.00 |
1,600.00 |
| 16 |
Total profit (loss) for period |
7,53,300.00 |
14,54,600.00 |
| 17 |
Other comprehensive income net of taxes |
1,24,700.00 |
9,74,700.00 |
| 18 |
Total Comprehensive Income for the period |
8,78,000.00 |
24,29,300.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
7,53,200.00 |
14,54,500.00 |
|
Total profit or loss, attributable to non-controlling interests |
100.00 |
100.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
1,24,700.00 |
9,74,700.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
0.00 |
0.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
22,200.00 |
22,200.00 |
|
Face value of equity share capital |
1 |
1 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
33.93 |
65.51 |
|
Diluted earnings (loss) per share from continuing operations |
33.85 |
65.36 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
33.93 |
65.51 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
33.85 |
65.36 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2026 |
| Date of end of reporting period |
30-09-2026 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
95,68,300.00 |
|
Capital work-in-progress |
62,91,700.00 |
|
Investment property |
6,000.00 |
|
Goodwill |
30,28,200.00 |
|
Other intangible assets |
6,35,200.00 |
|
Intangible assets under development |
1,95,600.00 |
|
Biological assets other than bearer plants |
|
|
Investments accounted for using equity method |
28,300.00 |
|
Non-current financial assets |
|
|
Non-current investments |
19,29,300.00 |
|
Trade receivables, non-current |
|
|
Loans, non-current |
8,000.00 |
|
Other non-current financial assets |
|
| 1 |
Derivatives |
17,100.00 |
| 2 |
Other Financial Asset |
1,96,500.00 |
|
Total of other non-current financial assets |
2,13,600.00 |
|
Total non-current financial assets |
21,50,900.00 |
|
Deferred tax assets (net) |
2,63,000.00 |
|
Other non-current assets |
|
| 1 |
Other non-current assets |
5,64,000.00 |
|
Total of other non-current assets |
5,64,000.00 |
|
Total non-current assets |
2,27,31,200.00 |
| 2 |
Current assets |
|
|
Inventories |
86,41,300.00 |
|
Current financial asset |
|
|
Current investments |
7,01,300.00 |
|
Trade receivables, current |
28,11,000.00 |
|
Cash and cash equivalents |
13,02,800.00 |
|
Bank balance other than cash and cash equivalents |
1,57,100.00 |
|
Loans, current |
900.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
5,93,500.00 |
|
Total current financial assets |
55,66,600.00 |
|
Current tax assets (net) |
17,600.00 |
|
Other current assets |
|
| 1 |
Other current assets |
9,01,100.00 |
|
Total of other current assets |
9,01,100.00 |
|
Total current assets |
1,51,26,600.00 |
| 3 |
Non-current assets classified as held for sale |
13,500.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
3,78,71,300.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
22,200.00 |
|
Other equity |
1,59,44,400.00 |
|
Total equity attributable to owners of parent |
1,59,66,600.00 |
|
Non controlling interest |
1,300.00 |
|
Total equity |
1,59,67,900.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
81,01,400.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
|
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
|
|
Total Trade payable |
|
|
Other non-current financial liabilities |
|
| 1 |
Lease Liabilities |
2,13,900.00 |
| 2 |
Derivatives |
7,400.00 |
| 3 |
Other Financial Liabilities |
61,600.00 |
|
Total of other non-current financial liabilities |
2,82,900.00 |
|
Total non-current financial liabilities |
83,84,300.00 |
|
Provisions, non-current |
5,56,200.00 |
|
Deferred tax liabilities (net) |
9,56,200.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
2,05,100.00 |
|
Total of other non-current liabilities |
2,05,100.00 |
|
Total non-current liabilities |
1,01,01,800.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
29,51,400.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
31,600.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
58,11,500.00 |
|
Total Trade payable |
58,43,100.00 |
|
Other current financial liabilities |
|
| 1 |
Lease liabilities |
46,200.00 |
| 2 |
Other current financial liabilities |
15,26,200.00 |
|
Total of other current financial liabilities |
15,72,400.00 |
|
Total current financial liabilities |
1,03,66,900.00 |
|
Other current liabilities |
3,61,600.00 |
| 1 |
Other current liabilities |
3,61,600.00 |
|
Total of other current liabilities |
3,61,600.00 |
|
Provisions, current |
4,82,800.00 |
|
Current tax liabilities (Net) |
5,90,300.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
1,18,01,600.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
|
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
|
|
Total liabilities |
2,19,03,400.00 |
|
Total equity and liabilites |
3,78,71,300.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| Date of end of reporting
period |
30-09-2026 |
30-09-2026 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Novelis |
56,79,800.00 |
1,11,56,100.00 |
| 2 |
Aluminium upstream |
13,36,400.00 |
26,76,700.00 |
| 3 |
Aluminium downstream |
5,51,100.00 |
10,40,000.00 |
| 4 |
Copper |
21,37,400.00 |
38,60,600.00 |
|
Total Segment Revenue |
97,04,700.00 |
1,87,33,400.00 |
|
Less: Inter segment revenue |
5,33,900.00 |
10,80,100.00 |
|
Revenue from operations |
91,70,800.00 |
1,76,53,300.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Novelis |
4,85,800.00 |
9,73,200.00 |
| 2 |
Aluminium upstream |
7,00,900.00 |
14,39,900.00 |
| 3 |
Aluminium downstream |
32,900.00 |
62,700.00 |
| 4 |
Copper |
1,67,300.00 |
2,59,100.00 |
|
Total Profit before tax |
13,86,900.00 |
27,34,900.00 |
|
i. Finance cost |
93,300.00 |
1,89,900.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
2,34,200.00 |
5,46,300.00 |
|
Profit before tax |
10,59,400.00 |
19,98,700.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Novelis |
2,20,75,000.00 |
2,20,75,000.00 |
| 2 |
Aluminium upstream |
55,70,400.00 |
55,70,400.00 |
| 3 |
Aluminium downstream |
17,65,000.00 |
17,65,000.00 |
| 4 |
Copper |
38,35,500.00 |
38,35,500.00 |
|
Total Segment Asset |
3,32,45,900.00 |
3,32,45,900.00 |
|
Un-allocable Assets |
46,25,400.00 |
46,25,400.00 |
|
Net Segment Asset |
3,78,71,300.00 |
3,78,71,300.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Novelis |
69,45,900.00 |
69,45,900.00 |
| 2 |
Aluminium upstream |
6,91,000.00 |
6,91,000.00 |
| 3 |
Aluminium downstream |
2,03,400.00 |
2,03,400.00 |
| 4 |
Copper |
19,49,700.00 |
19,49,700.00 |
|
Total Segment Liabilities |
97,90,000.00 |
97,90,000.00 |
|
Un-allocable Liabilities |
1,21,13,400.00 |
1,21,13,400.00 |
|
Net Segment Liabilities |
2,19,03,400.00 |
2,19,03,400.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Remeasurement of defined benefit obligation |
57,100.00 |
88,500.00 |
| 2 |
Change in fair value of equity instruments designated as FVTOCI |
(46,600.00) |
2,09,700.00 |
|
Total Amount of items that will not be reclassified to profit and loss |
10,500.00 |
2,98,200.00 |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
8,000.00 |
45,200.00 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Change in fair value of trade receivables designated as FVTOCI |
(4,900.00) |
(6,400.00) |
| 2 |
Change in fair value of debt instruments designated as FVTOCI |
(5,100.00) |
(3,300.00) |
| 3 |
Effective portion of cash flow hedges |
(52,400.00) |
6,83,700.00 |
| 4 |
Cost of hedging reserve |
200.00 |
2,000.00 |
| 5 |
Foreign currency translation reserve |
1,65,600.00 |
2,17,900.00 |
|
Total Amount of items that will be reclassified to profit and loss |
1,03,400.00 |
8,93,900.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
(18,800.00) |
1,72,200.00 |
| 5 |
Total Other comprehensive income |
1,24,700.00 |
9,74,700.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
19,97,100.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
1,89,900.00 |
|
Adjustments for decrease (increase) in inventories |
(8,27,900.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(15,100.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
0.00 |
|
Adjustments for decrease (increase) in other non-current assets |
0.00 |
|
Adjustments for other financial assets, non-current |
(1,25,700.00) |
|
Adjustments for other financial assets, current |
(55,700.00) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(4,63,400.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
0.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
4,86,100.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
5,700.00 |
|
Adjustments for provisions, current |
0.00 |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(1,81,400.00) |
|
Adjustments for other financial liabilities, non-current |
7,800.00 |
|
Adjustments for unrealised foreign exchange losses gains |
(21,400.00) |
|
Adjustments for dividend income |
6,200.00 |
|
Adjustments for interest income |
72,800.00 |
|
Adjustments for share-based payments |
3,100.00 |
|
Adjustments for fair value losses (gains) |
(8,700.00) |
|
Adjustments for undistributed profits of associates |
1,600.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
1,600.00 |
|
Other adjustments for non-cash items |
(2,41,600.00) |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(13,27,300.00) |
|
Net cash flows from (used in)
operations |
6,69,800.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
3,87,300.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
2,82,500.00 |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
1,000.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
27,800.00 |
|
Purchase of property, plant and equipment |
19,34,400.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
(20,700.00) |
|
Cash advances and loans made to other parties |
46,800.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
2,100.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
6,200.00 |
|
Interest received |
61,200.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
1,28,000.00 |
|
Net cash flows from (used in)
investing activities |
(17,36,200.00) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
0.00 |
|
Proceeds from issuing other equity instruments |
4,100.00 |
|
Payments to acquire or redeem entity's shares |
13,300.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
13,51,700.00 |
|
Repayments of borrowings |
1,64,500.00 |
|
Payments of lease liabilities |
23,100.00 |
|
Dividends paid |
1,11,000.00 |
|
Interest paid |
2,80,400.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
5,24,700.00 |
|
Net cash flows from (used in)
financing activities |
12,88,200.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(1,65,500.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
33,400.00 |
|
Net increase (decrease) in cash
and cash equivalents |
(1,32,100.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
14,34,900.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
13,02,800.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
M/s Price Waterhouse & Co. Chartered Accountants LLP |
Yes |
20-11-2026 |