NSE NIFTY 50 Constituent
|Headquarters||Mumbai, Maharashtra India|
|Products||Aluminium and copper products|
|Revenue||₹196,195 crore (US$25 billion) (2022)|
|₹19,568 crore (US$2.5 billion) (2022)|
|₹13,724 crore (US$1.7 billion) (2022)|
|Total assets||₹223,062 crore (US$28 billion) (2022)|
|Total equity||₹78,191 crore (US$9.8 billion) (2022)|
Number of employees
|Parent||Aditya Birla Group|
The company has annual sales of US$25 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank. Its market capitalisation by the end of May 2013 was US$3.4 billion. Hindalco is one of the world's largest aluminium rolling companies and one of the biggest producers of primary aluminium in Asia.
The Hindustan Aluminium Corporation Limited was established in 1958 by the Aditya Birla Group. In 1962 the company began production in Renukoot in Uttar Pradesh making 20 thousand metric tons per year of aluminium metal and 40 thousand metric tons per year of alumina. In 1989 the company was restructured and renamed Hindalco. Ramdev Singh was the first trade union leader of Hindalco Industries Limited, Renukoot. 
- Renusagar Power Plant. An 826.57 MW (10 generating units of various capacities) captive power plant which is about 40 km from Renukoot, Sonebhadra district, Uttar Pradesh.
- Hirakud Captive Power Plant. A 467.5 MW captive power plant located at Hirakud, Sambalpur District, Odisha. This plant supplies power to Hirakud smelter of Hindalco Industries.
- Utkal Alumina Captive Power Plant. A 90 MW captive power plant located at Doraguda, Rayagada District, Odisha. This plant supplies power to Utkal Refinery of Hindalco Industries.
- Aditya Captive Power Plant. A 900 MW captive power plant located at Lapanga, Sambalpur District, Odisha. This plant supplies power to Aditya smelter of Hindalco Industries.
- Mahan Hindalco Industries Ltd. a 900 MW captive power plant and alumina smelter located in Bargawa 20 km from Singrauli.
On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer. At 2007 Novelis was the world's largest producer of rolled aluminium and a major recycler of aluminium cans. On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock.
Hindalco, through its wholly owned subsidiary AV Metals Inc., acquired 75,415,536 common shares of Novelis, representing 100 percent of the issued and outstanding common shares. Immediately after closing, AV Metals Inc. transferred the common shares of Novelis to its wholly owned subsidiary AV Aluminum Inc. When Hindalco made this bid in 2007 this became the largest Indian investment in North America and the second-largest overseas investment by an Indian company (behind Tata Steel Europe's purchase of Corus two weeks earlier) to this time.
The day after Hindalco announced the acquisition its stock fell by 13% resulting in a US$600 million drop in market capitalisation. Shareholders criticised the deal but Kumar Mangalam Birla responded that he had offered a fair price for the company and stated, "When you are acquiring a world leader you will have to pay a premium."
In June 2000, acquisition of controlling stake in Indian Aluminium Company Limited (Indal) with 74.6 per cent equity holding.
On 15 April 2020, Hindalco Industries acquired US-based Aluminium rolled products manufacturer Aleris Corporation. Hindalco's Novelis' entry into the high-end aerospace segment, this deal has been closed at an enterprise value of $2.8 billion.
The equity shares of Hindalco are listed on the Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the S&P CNX Nifty. Its Global depository receipts are listed on the Luxembourg Stock Exchange.
Hindalco Industries reported ₹43,351 crores as its total revenue, while its profit was ₹993 crores in the financial year 2021.
During the 2022 Russian invasion of Ukraine, Hindalco Industries refused to join the international community and withdraw from the Russian market. Research from Yale University published on August 10, 2022 identifying how companies were reacting to Russia's invasion identified Hindalco Industries in the worst category of "Digging in", meaning Defying Demands for Exit: companies defying demands for exit/reduction of activities.
- "About us | Overview". Hindalco. 19 August 2009. Retrieved 11 February 2011.
- "Hindalco Industries Ltd. Financial Statements". moneycontrol.com.
- "Annual Report 2012–13" (PDF). Retrieved 29 December 2013.
- "Businesses | Aluminium | Rolled products". Hindalco. 16 November 2007. Retrieved 28 September 2010.
- "Hindalco Industries". Forbes. May 2013. Retrieved 28 December 2013.
- "The World's Biggest Public Companies". Forbes. May 2013. Retrieved 28 December 2013.
- "Hindalco to acquire Novelis for $6.0 Billion". Indiaprwire.com. Archived from the original on 30 December 2013. Retrieved 28 September 2010.
- Kumar, Nirmalya (2009). India's Global Powerhouses. Harvard Business Press. pp. 107–120. ISBN 978-1-4221-4762-7.
- "Labour Day 2022: संघर्ष की मिसाल थे मजदूर नेता बाबू रामदेव सिंह, मजदूर दिवस पर जानिए उनकी प्रेरणाप्रद कहानी". May 2022.
- "Operations | Power | Hindalco.com". Archived from the original on 26 March 2014. Retrieved 26 March 2014.
- "Aleris acquisition makes Hindalco world's largest aluminium products firm". The Economic Times. 15 April 2020.
- "Indian Aluminium Company Ltd". Financialexpress.com. 19 January 2003. Retrieved 28 September 2010.
- Pandey, Piyush (14 April 2020). "Hindalco seals $2.8 billion Aleris deal". The Hindu. ISSN 0971-751X. Retrieved 14 April 2020.
- "Stock Share Price Hindalco Industries Ltd". BSEindia.com. Retrieved 28 December 2013.
- "Scripwise Weightages in S&P BSE SENSEX". BSE India. Retrieved 28 December 2013.
- "Hindalco Industries Limited". NSE India. Retrieved 28 December 2013.
- "Download List of CNX Nifty stocks (.csv)". NSE India. Retrieved 12 October 2013.
- "Hindalco Industries Ltd". Moneycontrol.com. 1 April 2022.
- "Almost 1,000 Companies Have Curtailed Operations in Russia—But Some Remain". Yale School of Management. Retrieved 10 August 2022.