Transcript - Q1 FY27 Earnings call

August 13, 2026 BSE Limited National Stock Exchange of India Limited Luxembourg Stock Exchange Scrip Code: 500440 Scrip Code: HINDALCO Scrip Code: US4330641022 Sub: Transcript – Q1 FY27 Earnings Call. Ref: a. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; b. ISIN: INE038A01020 and c. Our Intimation dated July 29, 2026. Pursuant to the above referred, the transcript of the Earnings Conference Call held on August 7, 2026, for the quarter ended June 30, 2026, is enclosed herewith. The same is also available on the website of the Company i.e. www.hindalco.com. This is for your information and record. Sincerely, Hindalco Industries Limited Geetika Anand Company Secretary & Compliance Officer Encl: a/a Hindalco Industries Limited Registered Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India |T: +91 22 69477000 / 69477150 I F: +91 22 69477001/69477090 W: www.hindalco.com |E: hilinvestors@adityabirla.com | Corporate ID No.: L27020MH1958PLC011238 Hindalco Industries Limited “Q1 FY27 Earnings Conference Call” August 07, 2026 MANAGEMENT: MR. SATISH PAI – MANAGING DIRECTOR – HINDALCO INDUSTRIES LIMITED MR. BHARAT GOENKA – CHIEF FINANCIAL OFFICER – HINDALCO INDUSTRIES LIMITED MR. STEVE FISHER – PRESIDENT AND CHIEF EXECUTIVE OFFICER – NOVELIS MR. DEV AHUJA – CHIEF FINANCIAL OFFICER – NOVELIS MR. SUBIR SEN – INVESTOR RELATIONS – HEAD – HINDALCO INDUSTRIES LIMITED Page 1 of 22 Hindalco Industries Limited August 07, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Earnings Conference call of Hindalco Industries First Quarter Results for FY27. As a reminder, all participant lines will be in the listen- only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Subir Sen, Head of Investor Relations at Hindalco. Thank you and over to you, Mr. Sen. Subir Sen: Thank you and a very good morning and evening, everyone. On behalf of Hindalco Industries, I welcome you all to the Earnings call for the first quarter of financial year 2027. In this call, we'll refer to the first quarter financial year '27 investor presentation posted on our company's website. Some of the information on this call may be forward-looking in nature and is covered by the safe harbor language on Slide number 2 of the set presentation. In this presentation, we have covered the key highlights of our consolidated performance for the first quarter of financial year 2027 versus the corresponding period of the prior year. A segment- wise comparative financial analysis of Novelis and Indian aluminium and copper business is also provided. The corresponding segment information of prior periods have also been reinstated accordingly for a comparative analysis. Today we have with us from the call from Hindalco’s management Mr. Satish Pai, Managing Director and Mr. Bharat Goenka, Chief Financial Officer. From Novelis’s management we have Steve Fisher, President and CEO and Mr. Dev Ahuja, Chief Financial Officer. Following this presentation this forum will be open for questions and answers. Post this call and audio replay will also be available on our company website. Now let me turn this call to Mr. Pai to take you through the company’s performance and key highlights in the first quarter of financial year 2027. Satish Pai: Thanks Subir. Good morning and good evening everyone. Thank you for joining Hindalco Earnings Call today. On Slide 5 to 9 of this presentation you can see our achievements and progress across quarterly metrics of Safety and Sustainability for this quarter versus prior period. I will now take you through the key highlights of these initiatives. At Hindalco Safety is always a highest priority and I am pleased to report that there were no fatality this quarter across all our Indian operations. Our LTIFR for this year stands at 0.21 showing significant improvement over the prior period. As a significant step we have strengthened our emergency response capabilities through realistic scenario based mock drill conducted in collaboration with key agencies including NDRF. These exercises help our team sharpen their response, coordination and decision making during critical situations. We also took a proactive step towards preventing incidence by implementing the risk AI advisor which helps us identify potential serious incidence at an early stage. By Page 2 of 22 Hindalco Industries Limited August 07, 2026 combining technology with onground vigilance we are improving our ability to anticipate risk, intervene early and create a safer working place for everyone. At Hindalco we continue to make strong progress on circularity and responsible waste management. This quarter 80% of all total waste generated was recycled the re-use indicating strong waste management performance. We achieved 142% recycling of bauxite residue excluding Utkal, 95% recycling of ash and 127% recycling of copper slag this quarter. Let me briefly touch upon our circularity initiatives. Demand for flyash and bauxite residue remains strong across cement road construction and quarry backfilling applications. Although flyash dispatches were temporarily impacted by the rail rake availability. A key milestone was the Dalla stone quarry backfilling project. The first initiative of its kind in India supporting degraded forest restoration while contribution to the creation of additional carbon sinks. In our copper business recycling of copper slag continues to gain traction driven by demand from the abrasives and ready-mix concrete industries. Together, these initiatives demonstrate how we are turning industrial bioproducts into valuable resources while advancing our sustainability growth. We have made consistent progress in improving water efficiency across our operations through a series of focus interventions such as adoption of zero liquid discharge systems, optimization of cooling tower our operations and reuse practices. These initiatives have helped us significantly reduce dependence on fresh water sources, while improving overall process efficiency. In our aluminium business, higher recycling rates of 29% this quarter, up from 27% a year ago, along with focused optimization initiatives at Aditya and Utkal operations helped us reduce fresh water consumption on a year-on-year basis. Sequentially, water consumption was higher in this quarter, mainly due to the seasonal impacts of the summer months. In our copper business as well, specific water consumption improved year-on-year, largely due to lower freshwater requirements during the planned shutdown. These efforts reflect our continued focus on improving resource efficiency and reducing environmental footprint of our operations. Together, these efforts score our strong commitment to sustainable water stewardship and resource conservation across the value chain. We remain deeply committed to preserving and enhancing our biodiversity in and around our areas of operation. Biodiversity conservation remains an integral part of our sustainability agenda. As of the end of Q1 FY27, our cumulative tree plantation has crossed 6.3 million trees with nearly 80,000 samplings planted during the quarter to strengthen green belt coverage and enhance local biodiversity around our operations. We launched the Madhupalanam initiatives at Baphlimali Bauxite Mines to promote apiculture, support pollinator conservation and further enrich local ecosystems. Page 3 of 22 Hindalco Industries Limited August 07, 2026 In addition, at Aditya Aluminium Biodiversity park, we have created artificial islands within the water body to support Avian conservation and provide a conducive habitat for Bird Life. These initia [Showing first 8,000 characters — download PDF for full document]