Hindalco sees debt peaking at ₹80,000 crore and targets lower leverage
In short
Hindalco expects its consolidated debt to peak at ₹80,000 crore.
It also wants Novelis leverage to fall to 2.5x by FY31. The company says debt repayment should speed up next quarter as projects finish and cash flow improves.
What the reporting says
Hindalco expects consolidated debt to peak at ₹80,000 crore and aims to bring Novelis leverage to 2.5x by FY31, according to BusinessLine Companies. The company said debt reduction should accelerate next quarter as major projects near completion, EBITDA improves and stronger free cash flow is used for repayment. The update signals a planned balance-sheet improvement over time.
Why it matters
Hindalco said consolidated debt may peak at ₹80,000 crore and that it targets Novelis leverage of 2.5x by FY31. The company expects debt reduction to accelerate next quarter as major projects near completion, EBITDA improves and free cash flow is directed toward repayment. The statement is important for investors focused on leverage, cash generation and capital allocation.