Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

14 AUGUST 2020 AL CIRCLE

Hindalco Q1 Results: Report industry-high EBITDA margin at 19.3% from India Aluminium Business

EDITED BY : DEBANJALI SENGUPTA 3MINS READ

Hindalco Industries Limited has announced financial results for the first quarter of 2020 ended June 30, mentioning steady quarterly results driven by a strong performance by India Aluminium Business. Hindalco’s Aluminium India Business EBITDA stood at INR 856 crore versus INR 853 crore during the same period last year. Despite the COVID-19 pandemic, Hindalco has reported the EBITDA margin of 19.3 per cent in Q1, one of the best in the industry.

Hindalco Q1FY21 Results: Report best EBITDA margin in industry at 19.3% from India Aluminium Business

{alcircleadd}

Revenue from the India Aluminium Business, however, edged lower at INR 4,436 crore compared to INR 5,490 crore in Q1FY20. India Aluminium Business achieved aluminium metal production of 291 Kt, while sales at 303 Kt, down by 5 per cent year-on-year due to subdued domestic market, but partially offset by higher exports. Sales of value added products in Q1FY21 were at 35 Kt versus 77 Kt during the same quarter last year.

Commenting on the results, Mr. Satish Pai, Managing Director of Hindalco Industries Ltd., said: “I am pleased at our ability to forge ahead despite the weak post-COVID market scenario. All our Aluminium India smelters operated at more than 90% capacity during the lockdown. We maintained our sales volumes, with exports accounting for nearly 80% of sales. This performance led to our Indian Aluminium Business recording an industry-high EBITDA margin.”

Hindalco’s consolidated business EBITDA was at INR 2,813 crore in the first quarter of fiscal 2021 compared to INR 3,730 crore during Q1FY20. Revenue stood at INR 25,283 crore, down from INR 29,972 crore year-on-year. Company’s profit before tax (after exception item) also edged lower from INR 1,556 crore during Q1FY20 to INR 600 crore during Q1FY21. Net loss reported was INR 709 crore as against the net profit of INR 1063 crore a year ago.

Hindalco’s US arm Novelis reported a quarterly adjusted EBITDA of $253 million in Q1FY21 versus $372 million in the year-ago quarter, impacted by lower shipments and unfavourable product mix, but partially offset by good cost control and EBITDA contribution from the acquired Aleris business. Novelis reported a net income (excluding tax-effected special items1) of $22 million in Q1FY21 and revenue at $2.4 billion.

Hindalco has been mitigating the impacts of the COVID-19 pandemic through planned initiatives and with some strict actions to protect employees and operations. All its aluminium smelters and major refineries operated at near full-scale, while its downstream plants operated at optimal capacity to meet existing market demand. The company’s Indian aluminium operations exported nearly 80 per cent of their productions to maintain sales volume.

Tagged with: