Hindalco Q4 result: Revenue likely to rise aided by higher aluminium prices; key focus on dividend announcement

Aditya Birla Group flagship company Hindalco Industries will announce its March quarter results on Friday May 22, 2026. Along with the result, the company will also announce a final dividend for its shareholders.

Ahead of its earnings, Hindalco shares hit a 52-week high of ₹1,110 on May 21 and have climbed nearly 6% this month. Hindalco’s US subsidiary Novelis reported its quarterly results this week and reported a net loss of $84 million for the fourth quarter, compared with a net profit of $294 million in the corresponding period last year, as fire incidents at its Oswego plant continued to impact operations and cash flows. Meanwhile, quarterly net sales increased 4% YoY to $4.8 billion, driven mainly by higher aluminium prices.

Hindalco Industries revenue of ₹64,890 crore in the same quarter last year and ₹66,521 crore in Q3FY26. Meanwhile, its net profit stood at ₹5,283 crore in Q4FY25 and ₹2,049 crore in the previous quarter.

Experts believe Hindalco Industries could report stable Q4 earnings aided by high demand in Indian business and rise in global aluminium and copper prices.

Ahead of the Q4 result announcement, Hindalco Industries shares closed at ₹1,100. So far this year, Hindalco stock has gained over 24% aided by strong momentum in commodity prices.

Technical outlook

Hindalco is trading with a positive bias, holding well above its key moving averages. The stock has closed around 1,099, while the 20-day EMA near 1,052 is acting as immediate support. The broader trend remains strong as the price is also comfortably above the 50-day EMA near 1,009 and the 200-day EMA near 886.

On the upside, the stock is now testing the recent high zone around 1,100–1,115. A sustained move above this range could open the way for further upside towards 1,140–1,160. On the downside, immediate support is placed around 1,065–1,050. A break below this zone could lead to some profit booking towards the 1,020–1,000 area.

Options outlook

Based on Hindalco's option chain for the 26 May expiry, the at-the-money strike is placed at 1,100. As of 21 May, the combined premium of the call and put at this strike stood at ₹36.

This suggests that the options market is factoring in a possible move of nearly ±3.3% on either side by expiry.

Before evaluating potential options strategies, it is useful to first look at how Hindalco has behaved around its earnings.

Options strategies

If you expect Hindalco to see a sharp move after its earnings, but unsure of the direction, a long straddle can be considered. This involves buying both the ATM call and put options, allowing traders to benefit if the stock moves strongly (±3.3%) on either side.

On the other hand, if you expect Hindalco to remain range-bound (±3.3%) after the results, a short straddle may be suitable. This strategy involves selling the ATM call and put options and benefits if the stock stays within the expected range and volatility cools off.

For traders expecting further bullish momentum to continue, a bull call spread can also be considered.

Disclaimer:

Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop losses. The information is only for educational purposes. We do not recommend any particular stock, securities or strategies for trading. The securities mentioned in this article are purely illustrative and not recommendations. Investors are advised to do their own research before investing.