Hindalco Industries Limited · NSE:HINDALCO
Hindalco Industries — Q3 FY2025 Earnings Presentation
40 slides from Hindalco Industries's earnings presentation, Feb 13, 2025
Slide 1: Exchange filing letter: Investor Presentation of Board Meeting
February 13, 2025 BSE Limited National Stock Exchange of India Limited Luxembourg Stock Exchange Scrip Code: 500440 Scrip Code: HINDALCO Scrip Code: US4330641022 Sub: Investor Presentation of the Board Meeting of Hindalco Industries Limited [“the Company”] Ref: a. Regulation 30 (read with schedule I
Slide 2: Earnings Presentation 13 Feb 2025
I N D U S T R I E S L I M I T E D EARNINGS 13 Feb 2025 PRESENTATION 1
Slide 3: Safe Harbour
SAFE Harbour Certain statements in this report may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the company’s operations incl
Slide 4: Sustainability Updates
Q3 FY25 EARNINGS SUSTAINABILITY Updates 3
Slide 5: Recycling of industrial wastes for a circular economy
Recycling of industrial wastes for a Sustainability updates circular economy Hindalco Sustainability Initiatives Aditya, Mahan, and Renusagar 109% of bauxite residue 79% of total waste achieved Zero Waste to Landfill (excluding Utkal) and 101% recycled and reused in certification during Q3 FY25, of
Slide 6: Initiatives to conserve precious water resources
Hindalco has taken various initiatives to Sustainability updates Hindalco Sustainability Initiatives conserve precious Water Resources Zero Liquid Water Recycling: 14.37 Water Positivity: Discharge Projects: million m³ of Certification assessment of (16/19 sites are wastewater recycled five units (A
Slide 7: Protecting Biodiversity
Sustainability updates Hindalco Sustainability Initiatives At Hindalco, our unwavering commitment to Protecting Biodiversity is intricately woven into our sustainability targets. GREENBELT AND BIODIVERSITY A pilot project for the Assessments for developing Cumulative Trees removal of invasive Biodiv
Slide 8: Shift to Green Energy across Hindalco
We are rapidly making the shift to Sustainability updates Hindalco Sustainability Initiatives Green Energy across Hindalco GREEN ENERGY & EMISSIONS CONTROL 189 MW 9 MW 100 MW ~300 MW Total renewable 9MW of Solar is 100 MW Target to capacity stands at underway Hybrid reach 300 MW 189 MW (largely New
Slide 9: Health and Safety of Hindalco's workforce
Sustainability updates Health and Safety of Hindalco’s workforce is Hindalco Sustainability Initiatives crucial to fostering a thriving and successful organisation A strong focus on strengthening the contractor In Q3 FY25 there were no safety management program through tailored fatalities training,
Slide 10: Quarterly Financial Snapshot
Q3 FY25 EARNINGS QUARTERLY Financial Snapshot 9
Slide 11: Financial Snapshot YoY (Q3 FY25 vs Q3 FY24)
Financial Snapshot Consolidated Financial Performance YoY (Q3 FY25 vs Q3 FY24 ) Novelis, Aluminium and Copper Businesses Change Particulars UOM Q3 FY24 Q3 FY25 All Businesses Consolidated (₹ Crore) YoY Shipments KT 910 904 -1% Revenue $ Billion 3.94 4.10 4% Q3 FY25 Business Segment EBITDA $ Million
Slide 12: Economy & Industry Updates
Q3 FY25 EARNINGS ECONOMY & Industry Updates 11
Slide 13: Global Economy
Global Economy Economy & Industry Updates Global GDP GDP Growth (% YoY) 6.50 5.42 4.28 3.83 3.58 3.34 3.35 3.50 3.40 3.25 3.50 3.32 3.23 3.3 2.90 Global GDP steady at 3.3% in 2025 and 2026 vs 3.2% in 2024 (IMF, Jan 2025) CY09 CY10 CY11 CY12 CY13 CY14 CY15 CY16 CY17 CY18 CY19 CY20 CY21 CY22 CY23 CY24
Slide 14: Indian Economy
Indian Economy Economy & Industry Updates Domestic GDP GDP Growth (% YoY) 9.7 8.5 8.5 8.0 8.3 8.2 7.4 7.0 6.4 6.8 6.5 6.4 5.2 5.5 GDP growth to 3.9 3.9 moderate to 6.4 % in FY25. (RBI) FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25F -5.8 Outlook Risks RBI projec
Slide 15: Global Aluminium Demand & Supply Balance
Global Aluminium Demand Economy & Industry Updates & Supply Balance Global Aluminium Industry ( In Million Tons) Production Consumption Balance 3% 3% 80.0 80.0 72.7 72.5 70.7 70.1 70.0 70.0 60.0 60.0 50.0 50.0 40.0 40.0 45.0 0.6 0.3 43.1 42.9 41.6 30.0 2% 30.0 4% 2.1 1.9 0.2 -0.2 29.1 29.6 0.7 18.4
Slide 16: Industry demand for Domestic Aluminium
Industry demand Economy & Industry Updates for Domestic Aluminium Domestic Aluminium Industry ( In Kilo Tons) 1433 1335 1319 1403 In Q3 FY25, 1266 1220 the domestic 1163 1130 1147 344 337 demand is likely 263 278 266 to reach 1,403 196 266 213 211 Kt (11% growth YoY) primarily 504 468 450 led by str
Slide 17: Aluminium Flat Rolled Products
Industry demand Economy & Industry Updates Aluminium Flat Rolled Products Aluminum FRP Industry Global FRP Demand is estimated to grow by 5% in CY25 (ex-China) Beverage Packaging Automobile Specialty Aerospace CAGR 4% - CY23-31 (Ex China) CAGR 6% (CY25-28) Growth Rate @Global GDP% CAGR 5% (CY23-30)
Slide 18: Global Refined Copper Demand & Supply
Global Refined Copper Demand & Supply Economy & Industry Updates ( In Million Tons) Global Copper Industry Production Consumption Balance 30.0 3% 30.0 3% 26.6 26.4 25.8 25.6 25.0 25.0 20.0 20.0 14.3 14.6 0.2 15.0 15.0 15.3 0.2 14.6 12.0 3.3 3.4 11.5 3% 11.0 11.1 5% 0 -0.1 10.0 10.0 0.9 0.9 6.6 6.8 6
Slide 19: Domestic Refined Copper Demand
Domestic Refined Copper Demand Economy & Industry Updates (In Kilo Tons) Domestic Copper Industry 225 218 206 In Q3 FY25, 196 201 198 201 market demand 190 194 increased by 67 ~4% YoY at 82 50 54 56 54 206 kt vs 198 49 57 64 KT in Q3 FY24 while share of domestic suppliers increased to 76% from 67% 1
Slide 20: Consolidated Financial Performance
Q3 FY25 EARNINGS Consolidated Financial Performance 19
Slide 21: Consolidated Key Metrics
Consolidated Key Metrics Consolidated Financial Performance Revenue (₹ Crore) EBITDA (₹ Crore) 1,73,606 25,200 1,59,968 18,527 58,203 58,390 9,100 52,808 8,108 6,322 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 PBT after Exceptional Items (₹ Crore) Profit after Tax
Slide 22: Debt & Leverage: Net Debt to EBITDA
Debt & Leverage Consolidated Financial Performance Consolidated Debt (₹ Crore) Particulars (Consolidated) 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 Gross Debt 53,402 54,501 54,019 59,121 63,696 Treasury Balance 18,566 22,965 18,489 23,088 21,879 Net Debt 34,835 31,536 35,530 36,033 41,818 TT
Slide 23: Novelis Performance
Q3 FY25 EARNINGS Novelis Performance 22
Slide 24: Novelis Operational Performance
Operational Performance Novelis Expansion projects on track* Developing technologies Sierre Plant is now fully Continued growth in & partnerships to expand operational. beverage packaging availability of recycled shipments offsetting 100 Kt Recycling muted specialty and inputs; cost and expansion at
Slide 25: Novelis Financial Performance
Financial Performance Novelis Adjusted EBITDA ($ Million) Adjusted EBITDA per tonne ($/tonne) In Q3 FY25, down 19% YoY, due to significantly higher scrap prices and less Q3 FY25, down 19% YoY favorable product mix 1359 1329 499 489 499 454 462 475 406 367 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Q3 F
Slide 26: Aluminium Upstream Performance
Q3 FY25 EARNINGS Aluminium Upstream Performance 25
Slide 27: Aluminium: Upstream
Aluminium: Upstream Operational and Financial Performance Shipments (KT) Revenue (₹ Crore) In Q3 FY25 up 1% YoY In Q3 FY25 up 25% YoY due higher average aluminium prices 27,957 1,008 995 23,913 9,993 333 328 338 9,125 7,971 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M F
Slide 28: Aluminium Downstream Performance
Q3 FY25 EARNINGS Aluminium Downstream Performance 27
Slide 29: Aluminium: Downstream
Aluminium: Downstream # Operational and Financial Performance # includes Flat Rolled Products, Foils & Extrusions Shipments (KT) Revenue (₹ Crore) In Q3 FY25, up 25% YoY on account of higher volumes In Q3 FY25, up 10% YoY on account of market recovery 298 9,224 265 7,611 103 99 3,195 3,161 90 2,547
Slide 30: Copper Performance
Q3 FY25 EARNINGS Copper Performance 29
Slide 31: Copper Performance
Copper Performance Operational and Financial Performance Shipments: Metal (KT) Shipments: CC Rods (KT) In Q3 FY25 metal shipments was up 1% YoY In Q3 FY25, up 1% YoY 371 356 291 285 119 120 117 93 95 90 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Revenue (₹ Crore)
Slide 32: Key Takeaways
Q3 FY25 EARNINGS Key Takeaways 31
Slide 33: Key Takeaways Q3 FY25
Key Takeaways Q3 FY25 India Business ➢ India Business continue to deliver strong results on back of strong market conditions and better cost control. ➢ Record Aluminum quarterly EBITDA in Q3 FY25 along with a consistent performance of downstream business ➢ Hindalco secures Meenakshi coal mine alloca
Slide 34: Thank You
I N D U S T R I E S L I M I T E D For Further Queries Please Contact : Registered Office Thank Subir Sen, Investor Relations 21st Floor, One Unity Centre, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013 You Telephone +91 22 6662 6666 E mail: hilinvestors@adityabirla.com Website: www.hindalco.com Te
Slide 35: Consolidated: Key Financials
Consolidated : Key Financials Financial Analysis Change QoQ Change Particulars (₹ Crore) Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 YoY % Change % YoY % Revenue from Operations 52,808 58,203 58,390 11% 0% 1,59,968 1,73,606 9% Earning Before Interest, Tax, Depreciation & Amortisation (EBITDA) Novelis* 3
Slide 36: Hindalco (India) Business: Key Financials
Hindalco (India) Business : Key Financials Financial Analysis YOY QoQ Particulars (₹ Crore) Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Change % Change % Change% Revenue from Operations 20,766 23,135 24,618 19% 6% 62,099 70,503 14% EBITDA Aluminium - Upstream 2,443 3,709 4,222 73% 14% 6,452 11,424 77% A
Slide 37: Aluminium (India) Business: EBITDA and Sales Reconciliation
Aluminium (India) Business : EBITDA and Sales Reconciliation Financial Analysis Aluminium Business EBITDA Particulars (in Rs Cr) Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 EBITDA - Upstream 2,443 3,709 4,222 6,452 11,424 EBITDA - Downstream 110 154 150 401 414 Intersegment Profit /(Loss) Elimination (N
Slide 38: Production Trends
Operational Performance Production Trends Hindalco (India) Business Aluminium Upstream (KT)* Aluminium Downstream# (KT)* In Q3 FY25, flat YoY In Q3 FY24, up 15% YoY 999 993 306 267 334 329 334 104 101 89 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Copper Cathode (
Slide 39: Production Trends: Alumina
Operational Performance Production Trends Hindalco (India) Business Alumina* (KT) 2,906 2,699 961 964 979 Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 • Total Alumina production was up 2% YoY • Of this production at Utkal Alumina refinery was at 653 KT in Q3 FY25, flat YoY *Hydrate as Alumina 38
Slide 40: Q3 FY25 Earnings Concall
Q3 FY25 : Earnings Concall Earnings Conference Call is scheduled at 4:00 PM (IST) on February 14, 2025. The dial in numbers for the call are given below Location: ACCESS NUMBER Universal Access (India) Primary Number (+) 91 22 6280 1303 Secondary Number (+) 91 22 7115 8204 International TollFree Num
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