Hindalco targets ₹1,000 crore revenue from aluminium window segment by FY29; shares in focus

Hindalco Industries shares are expected to be in the spotlight on Friday, June 4, as the company on Thursday said it was targeting a revenue of ₹1,000 crore from its engineered system aluminium window business over the next three years.

The business under the brand name ‘Eternia’ has been registering nearly 65% CAGR growth over the last three years, the company said in a statement.

Eternia is a system aluminium windows brand from Hindalco, part of the Aditya Birla Group. “Built on the foundation of advanced material science and engineering, Eternia offers high-performance aluminium window systems designed for modern homes,” the company says.

Key details

The company is eyeing over ₹1,000 crore revenue by FY29, driven by rapid category growth, an expanding nationwide partner network, and enhanced manufacturing capabilities, the Aditya Birla Group firm said.

The windows and facade segment in India represents an estimated ₹40,000 crore market opportunity and remains largely unorganised, with premium segments growing at nearly 15 per cent CAGR, reflecting rising demand for high-performance, design-led offerings, the company added.

What the management said

Satish Pai, Managing Director, Hindalco Industries Limited, said, "The building and construction sector is a critical pillar of India’s growth story, and we see significant opportunity in delivering high-performance, system-driven solutions to this evolving market."

Speaking about the brand, Anjan Putatunda, Business Head & Vice President Eternia, said the company is targeting sectors such as hospitality and new and upcoming real estate projects, especially in the Delhi-NCR region and Southern India, to tap growth opportunities.

Commenting on the durability of the product, Pai said that engineered aluminium windows and doors have in-built tensile strength compared to PVC.

Eternia is backed by Hindalco’s end-to-end integrated aluminium value chain, enabling the delivery of standardised, high-performance window systems at scale.

“This positions Hindalco to move up the value chain, from aluminium production to engineered building solutions. Its products are manufactured and supported through key downstream facilities located at Renukoot, Silvassa, Kuppam, and Alupuram, ensuring consistency, precision, and supply reliability across markets,” the press release added.