HINDALCONSEHindalco Industries Limited· AluminiumHighNeutral
Announced Fri, 22 May · 17:22 IST

Hindalco Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctExceptional ItemEmphasis Of MatterResults View source PDF

HINDALCO · price

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AI summary

Hindalco Industries reported standalone revenue from operations of Rs 112,553 crore for FY26, up 20.6% from Rs 93,309 crore in FY25. Profit after tax surged 57.8% to Rs 10,080 crore from Rs 6,387 crore, with EPS at Rs 45.40 versus Rs 28.76. The Board recommended a final dividend of Rs 5 per share, subject to shareholder approval at the July 23, 2026 AGM. Statutory auditors issued unmodified opinions on both standalone and consolidated results. Notable items include a Rs 161 crore impairment on coal mine relinquishment, a tax write-back of Rs 505 crore due to Section 115BAA regime adoption, and Rs 297 crore tax reversal from an earlier year order. The CBI chargesheet matter regarding a deallocated coal mine remains under court proceedings with no material financial impact determined.

Likely market impact

Strong operational performance with 20%+ revenue growth and 57% PAT growth is positive for shareholders. The company declared dividend and completed key acquisitions (EMMRL coal mine, pending AluChem deal) for future growth. The CBI matter remains a legal risk but auditors did not qualify their opinion.