Private company

Novelis

Logo: Unknown author Unknown author, CC BY 2.5, via Wikimedia Commons5

American industrial aluminum smelting company

Novelis Inc. is an American industrial aluminum smelting company, headquartered in Atlanta, Georgia, United States. It produces rolled aluminum and is an aluminum recycler, supplying to sectors including beverage cans, automotive, aerospace, consumer electronics, construction, foil and packaging. Novelis has been an independent subsidiary of Indian multinational aluminum and copper manufacturing company Hindalco Industries since 2007.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

$18.4BRevenue, fiscal 20266
$15.0MNet income, fiscal 20266
2005Founded1
  • Industryaluminium industry1
  • HeadquartersAtlanta1
  • Websitewww.novelis.com
  • Legal formjoint-stock company1
  • Incorporated inOntario, Canada7
  • Business address3550 Peachtree Road, Suite 1100, Atlanta, Ga 303267
  • Filer categoryNon-accelerated filer7
  • LEI549300DP3XIGY7CFV6484
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address204-3 Bridgman Ave, M5R 3V4 Toronto, Canada4
  • Registered withCorporations Canada, 1414571-24

Novelis Inc. is an American industrial aluminum smelting company, headquartered in Atlanta, Georgia, United States. It produces rolled aluminum and is an aluminum recycler, supplying to sectors including beverage cans, automotive, aerospace, consumer electronics, construction, foil and packaging.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

8.9%Operating margin6
0.1%Net margin6
7.5%Revenue growth, 20266
0.3%Return on equity6
1.27×Debt to equity6

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Research and development1¢$93.0M
  • Selling, general and admin4¢$697.0M
  • Other costs94¢$17.4B
  • Interest1¢$265.0M
  • Income tax0¢$1.0M
  • Profit0¢$15.0M

Out of $18.4B in revenue.6

Financial statements

Revenue10111213146$18.4B in 2026+50% since 2019
0$5.0B$10.0B$15.0B$20.0B2019: $12.3B$12.3B20192020: $11.2B$11.2B2020−9%2021: $12.3B$12.3B2021+9%2022: $17.1B$17.1B2022+40%2023: $18.5B$18.5B2023+8%2024: $16.2B$16.2B2024−12%2025: $17.1B$17.1B2025+6%2026: $18.4B$18.4B2026+7%
Operating income146$1.6B in 2026−9% since 2023
0$500.0M$1.0B$1.5B$2.0B2023: $1.8B$1.8B20232024: $1.9B$1.9B2024+3%2025: $1.8B$1.8B2025−4%2026: $1.6B$1.6B2026−9%
Net income10111213146$15.0M in 2026−96% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $420.0M$420.0M20192020: $420.0M$420.0M2020+0%2021: $236.0M$236.0M2021−44%2022: $954.0M$954.0M2022+304%2023: $658.0M$658.0M2023−31%2024: $600.0M$600.0M2024−9%2025: $683.0M$683.0M2025+14%2026: $15.0M$15.0M2026−98%
Fiscal year20192020202120222023202420252026
Revenue$12.3B10$11.2B11$12.3B12$17.1B13$18.5B14$16.2B6$17.1B6$18.4B6
Research and development$72.0M10$84.0M11$83.0M12$92.0M13$95.0M14$98.0M6$102.0M6$93.0M6
Selling, general and admin$502.0M10$498.0M11$551.0M12$631.0M13$679.0M14$717.0M6$695.0M6$697.0M6
Operating expenses$15.8B13$17.7B14$15.4B6$16.3B6$18.4B6
Operating income$1.8B14$1.9B6$1.8B6$1.6B6
Interest$268.0M10$248.0M11$267.0M12$227.0M13$274.0M14$298.0M6$275.0M6$265.0M6
Income before tax$1.3B13$806.0M14$818.0M6$842.0M6$16.0M6
Income tax$202.0M10$178.0M11$238.0M12$281.0M13$147.0M14$218.0M6$159.0M6$1.0M6
Net income$420.0M10$420.0M11$236.0M12$954.0M13$658.0M14$600.0M6$683.0M6$15.0M6
Shares (weighted, basic)1.1K shares131.1K shares131.1K shares13
Shares (weighted, diluted)1.1K shares131.1K shares131.1K shares13

Compare Novelis with another company

Corporate structure

Novelis is part of a group headed by Hindalco Industries. 50 entities, 16 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Hindalco Industries Mumbai, India
    • Novelis Atlanta, Georgia, United States
      • 4260848 Canada Inc. Subsidiary · Canada
      • 4260856 Canada Inc. Subsidiary · Canada
      • 8018227 Canada Inc. Subsidiary · Canada
      • Aleris Asia Pacific Limited Subsidiary · Hong Kong
      • Aleris Switzerland GmbH Subsidiary · Switzerland
      • AluInfra Services SA Subsidiary · Switzerland
      • Aluminium Norf GmbH Subsidiary · Germany
      • Brecha Energetica Ltda Subsidiary · Brazil
      • France Aluminium Recyclage SA Subsidiary · France
      • Logan Aluminum Inc. Subsidiary · United States
      • Novelis (China) Aluminum Products Co., Ltd. Subsidiary · China
      • Novelis (Shanghai) Aluminum Trading Company Subsidiary · China
      • Novelis ALR Aluminum Holdings Corporation Subsidiary · United States
      • Novelis ALR Aluminum-Alabama, LLC Subsidiary · United States
      • Novelis ALR Asset Management Corporation Subsidiary · United States
      • Novelis ALR International, Inc. Subsidiary · United States
      • Novelis ALR Rolled Products, Inc. Subsidiary · United States
      • Novelis Aluminium Holding Unlimited Company Subsidiary · Ireland
      • Novelis Aluminum (Zhenjiang) Co., Ltd. Subsidiary · China
      • Novelis Casthouse Germany GmbH Subsidiary · Germany
      • Novelis de Mexico, S.A. de C.V. Subsidiary · Mexico
      • Novelis Deutschland Holding GmbH Subsidiary · Germany
      • Novelis do Brasil Ltda. Subsidiary · Brazil
      • Novelis Global Employment Organization, Inc. Subsidiary · United States
      • NOVELIS HOLDINGS INC. Subsidiary · Atlanta, Georgia, United States
      • and 10 more
    • AV Minerals (Netherlands) N.V. Subsidiary · 100% · Amsterdam, Netherlands
    • EMIL MINES AND MINERAL RESOURCES LIMITED Subsidiary · 100% · Kolkata, India
    • ALERIS RM, INC. Subsidiary · Cleveland, Ohio, United States
    • HINDALCO-ALMEX AEROSPACE LIMITED Subsidiary · Aurangabad, India
    • NOVELIS CORPORATION Subsidiary · Atlanta, Georgia, United States
    • NOVELIS DEUTSCHLAND GMBH Subsidiary · Gottingen, Germany
      • Novelis Sheet Ingot GmbH Subsidiary · Gottingen, Germany
    • NOVELIS EUROPE HOLDINGS LIMITED Subsidiary · Warrington, United Kingdom
      • NOVELIS AG Subsidiary · Kusnacht, Switzerland
      • NOVELIS UK LTD Subsidiary · Warrington, United Kingdom
    • Novelis Korea Limited (노벨리스코리아) Subsidiary · 서울, South Korea
    • RENUKESHWAR INVESTMENTS AND FINANCE LIMITED Subsidiary · Sonbhadra, India
    • UTKAL ALUMINA INTERNATIONAL LIMITED. Subsidiary · Bhubaneswar, India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Novelis reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$238.0M6 Mar 31, 2026$224.0M6 Mar 31, 2025+6.2%
Buildings and improvements$2.3B6 Mar 31, 2026$2.3B6 Mar 31, 2025+1.1%
Machinery and equipment$7.1B6 Mar 31, 2026$6.7B6 Mar 31, 2025+5.6%
Construction in progress$4.3B6 Mar 31, 2026$2.4B6 Mar 31, 2025+82.0%
Accumulated depreciation$5.1B6 Mar 31, 2026$4.7B6 Mar 31, 2025+8.8%
Property and equipment, net$8.8B6 Mar 31, 2026$6.9B6 Mar 31, 2025+28.6%
Finance-lease assets$35.0M6 Mar 31, 2026$16.0M6 Mar 31, 2025+118.8%
Operating-lease assets (leased space)$116.0M6 Mar 31, 2026$115.0M6 Mar 31, 2025+0.9%

Real estate and locations

ItemLatestA year beforeChange
Countries it operates in96 Mar 31, 2026914 Mar 31, 20250%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.3B6 Mar 31, 2026$1.0B6 Mar 31, 2025+21.0%
Stakes in other companies (equity method)$961.0M6 Mar 31, 2026$912.0M6 Mar 31, 2025+5.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.1B6 Mar 31, 2026$1.1B6 Mar 31, 2025+0.5%
Finite-lived intangibles, gross$1.6B6 Mar 31, 2026$1.6B6 Mar 31, 2025+1.9%
Accumulated amortization$1.2B6 Mar 31, 2026$1.1B6 Mar 31, 2025+8.8%
Finite-lived intangibles, net$442.0M6 Mar 31, 2026$509.0M6 Mar 31, 2025−13.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.4B6 Mar 31, 2026$3.1B6 Mar 31, 2025+44.1%
Raw materials$906.0M6 Mar 31, 2026$722.0M6 Mar 31, 2025+25.5%
Work in process$2.2B6 Mar 31, 2026$1.3B6 Mar 31, 2025+61.3%
Finished goods$1.0B6 Mar 31, 2026$697.0M6 Mar 31, 2025+45.2%
Supplies$307.0M6 Mar 31, 2026$286.0M6 Mar 31, 2025+7.3%

Properties, in its own words

Our global headquarters are located in Atlanta, Georgia. Our global research and technology center, located in Kennesaw, Georgia, contains state-of-the-art R&D capabilities to help us better partner and innovate with our customers. We have a network of Customer Solutions Centers across all four operating regions, allowing us to innovate alongside our customers. We also have a global engineering and technology center in Spokane, Washington, specializing in molten metal processing. Additionally, we have several facilities with R&D operations worldwide, including facilities with specified research in automotive and aerospace technologies. Our regional headquarters are located in Atlanta, Georgia (North America), Küsnacht, Switzerland (Europe), Seoul, South Korea (Asia), and São Paulo, Brazil (South America).

The number of operating facilities by operating segment as of March 31, 2026, is shown in the table below and includes operating facilities we jointly own and operate with third parties.

The rest of Item 2

Operating Facilities · Facilities with Recycling Operations

North America · 13 · 7

Europe · 10 · 5

Asia · 4 · 2

South America · 2 · 1

Total · 29 · 15

The following tables provide information, by operating segment, about the plant locations, processes and major end-use markets or applications for the aluminum rolled products, recycling, and primary metal facilities we owned and operated, including joint ventures, as of March 31, 2026.

Ashville, Ohio · Coating and finishing · Coated coil for building and construction and transportation

Berea, Kentucky · Recycling and sheet ingot casting · Sheet ingot from recycled metal for beverage packaging (can body and can end stock)

Davenport, Iowa(1) · Casting, hot rolling, and recycling · Hot rolled coil from recycled metal for building and construction

Davenport, Iowa(1) · Cold rolling and finishing · Coated and mill finish coil for building and construction

Greensboro, Georgia · Recycling and sheet ingot casting · Sheet ingot from recycled metal for beverage packaging (can body and can end stock)

Guthrie, Kentucky · Pre-treatment, heat treatment, recycling, and sheet ingot casting · Sheet ingot from recycled metal and automotive sheet

Kingston, Ontario · Cold rolling and finishing · Automotive sheet and specialty material

Lincolnshire, Illinois · Cold rolling and finishing · Mill finish coil for building and construction

Oswego, New York · Sheet ingot casting, hot rolling, cold rolling, recycling, pre-treatment, heat treatment, and finishing · Beverage packaging (can body stock), automotive sheet, construction sheet, industrial sheet, and painted sheet

Russellville, Kentucky(2) · Sheet ingot casting, hot rolling, cold rolling, finishing, and recycling · Beverage packaging (can body and end stock) and aluminum sheet and coil for specialties

Terre Haute, Indiana · Cold rolling and finishing · Foil stock for specialties

Uhrichsville, Ohio · Casting, hot rolling, cold rolling, finishing, and recycling · Mill finish coil for building and construction and transportation

Warren, Ohio · Coating and finishing · Coated beverage packaging sheet

(1)The Company operates two separate facilities in Davenport, Iowa, one finishing mill and one casting facility.

(2)Logan, located in Russellville, Kentucky, is operated as a joint venture between Novelis and Tri-Arrows. We own 40% of the outstanding common shares of Logan. See Note 7 – Consolidation for further information about this affiliate.

Bresso, Italy · Coating, embossing, and finishing · Painted sheet, painted construction sheet, and automotive sheet

Göttingen, Germany · Finishing and coating · Can end stock, food can, and painted sheet

Koblenz, Germany · Sheet ingot casting, hot rolling, cold rolling, and finishing · Aerospace plate and sheet, commercial plate, defense plate, and heat exchangers sheet

Latchford, United Kingdom · Recycling and sheet ingot casting · Sheet ingot from recycled metal

Nachterstedt, Germany · Cold rolling, finishing, coating, recycling, sheet ingot casting, and heat treatment · Automotive sheet, can end stock, industrial sheet, construction sheet, and sheet ingot from recycled metal

Neuss, Germany(1) · Recycling, sheet ingot casting, hot rolling, cold rolling, and finishing · Can body stock, foil stock, and feeder stock for finishing operations

Ohle, Germany · Cold rolling, finishing, and converting · Foil, packaging, and flexible tubes

Pieve, Italy · Continuous casting, cold rolling, finishing, and recycling · Coil for finishing operations, industrial sheet, foil stock, and closure stock

Sierre, Switzerland(2) · Sheet ingot casting, hot rolling, cold rolling, finishing, and continuous heat treatment · Automotive sheet and industrial sheet

Voerde, Germany · Casting and recycling · Sheet ingot for automotive and specialties

(1)Alunorf is operated as a 50/50 production joint venture between Novelis and Speira GmbH. See Note 8 – Investment in and Advances to Non-Consolidated Affiliates and Related Party Transactions for further information about this affiliate.

(2)Novelis operates a wholly owned facility in Sierre, Switzerland. In addition to this facility, AluInfra is operated as a 50/50 joint venture between Novelis and Constellium SE and provides utility services to each partner. See Note 8 – Investment in and Advances to Non-Consolidated Affiliates and Related Party Transactions for further information about this affiliate.

Changzhou, China · Heat treatment and finishing · Automotive sheet

Ulsan, South Korea(1) · Sheet ingot casting, hot rolling, cold rolling, recycling, and finishing · Can stock, construction sheet, industrial sheet, electronics, automotive sheet for finishing operations, foil stock, and recycled material

Yeongju, South Korea · Sheet ingot casting, hot rolling, cold rolling, recycling, and finishing · Can stock, construction sheet, industrial sheet, electronics, foil stock, and recycled material

Item 2 of the 10-K filed May 19, 2026.26

The story

The company was incorporated in 2004 after being spun off from Alcan, a Canadian mining and aluminum manufacturer now Rio Tinto Alcan. In 2007 the company was acquired by Hindalco Industries for $6 billion, itself a subsidiary of the Aditya Birla Group.

In May 2024, Novelis filed its registration statement for a proposed IPO, but it withdrew its plans in October of the same year. In March 2025, Novelis announced closure of its operation in Fairmont, West Virginia, at a 100-year old production plant.

From Wikipedia’s article on Novelis, shared under CC BY-SA 4.0.8

Leadership

Who has led Novelis, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (25)

Products and brands

Operations

Novelis is the world's largest producer of rolled aluminum sheet with operations in 11 countries. The company divides its operations into four regions: North America, Europe, Asia, and South America. The regional headquarters are Atlanta, Zurich, Seoul and São Paulo. Novelis also has operations in the United Kingdom, Germany, Italy, France, Canada, China, Malaysia and Vietnam.

The company invested $100 million in its first manufacturing facility in China, which opened in 2014. In response to global demand for aluminum sheet for automotive, electronics and beverage cans, the company has announced capital investments including a $400 million expansion in Asia, a $300 million expansion in Brazil and $200 million expansion in North America. In July 2014, it announced that Reynolds Consumer Products Inc., a subsidiary of the Rank Group of New Zealand, purchased the North American consumer products division of Novelis, for CAD $33.75mn.

Novelis recycles more than 70 billion used beverage cans each year.

In May 2022, Novelis announced plans to invest $2.5 billion in a new, low-carbon, aluminum plant in Bay Minette, Alabama. Once complete, it will be the first fully integrated aluminum mill built for 40 years.

Read the full text

On September 16th, 2025 the Oswego, NY facility suffered a fire in the "hot mill" section. The three-alarm fire brought down part of the factory’s roof, requiring 26 area fire departments to extinguish, according to the Oswego County fire coordinators office.

Production

Packaging

Foil packaging

Closures

Beverage Cans - Novelis produces sheet aluminum that it sells to the following companies to be made into cans

Anheuser-Busch

Ball Corporation

Coca-Cola

GZ Industries Ltd Nigeria

Rexam

Automotive and transportation

Aluminum structures and components for transportation products in automotive, automotive heat exchanger and mass transportation.

Auto sheet customers include:

Audi

BMW

Ferrari

Ford

GM

Hyundai

Jaguar

Mercedes-Benz

Porsche

Range Rover

Volvo

Specialty

Architecture and building

Facade

Roofing

Insulation

Shutters

Lithography and printing

Consumer goods

Smartphones, laptops, TV

Industrial applications

From Wikipedia’s article on Novelis, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Parent company

Subsidiaries (Exhibit 21)

  • 4260848 Canada Inc. Canada9
  • 4260856 Canada Inc. Canada9
  • 8018227 Canada Inc. Canada9
  • Aleris Asia Pacific Limited Hong Kong9
  • Aleris Switzerland GmbH Switzerland9
  • AluInfra Services SA Switzerland9
  • Aluminium Norf GmbH Germany9
  • Brecha Energetica Ltda Brazil9
  • France Aluminium Recyclage SA France9
  • Logan Aluminum Inc. United States, Delaware9
  • Novelis (China) Aluminum Products Co., Ltd. China9
  • Novelis (Shanghai) Aluminum Trading Company China9
  • Novelis AG Switzerland9
  • Novelis ALR Aluminum Holdings Corporation United States, Delaware9
  • Novelis ALR Aluminum-Alabama, LLC United States, Delaware9
  • Novelis ALR Asset Management Corporation United States, Delaware9
  • Novelis ALR International, Inc. United States, Delaware9
  • Novelis ALR Rolled Products, Inc. United States, Delaware9
  • Novelis Aluminium Holding Unlimited Company Ireland9
  • Novelis Aluminum (Zhenjiang) Co., Ltd. China9
  • Novelis Casthouse Germany GmbH Germany9
  • Novelis Corporation United States, Texas9
  • Novelis Deutschland GmbH Germany9
  • Novelis Deutschland Holding GmbH Germany9
All 40 listed subsidiaries
  • Novelis Europe Holdings Limited United Kingdom9
  • Novelis Global Employment Organization, Inc. United States, Delaware9
  • Novelis Holdings Inc. United States, Delaware9
  • Novelis Italia SpA Italy9
  • Novelis Koblenz GmbH Germany9
  • Novelis Korea Limited South Korea9
  • Novelis Netherlands B.V. Netherlands9
  • Novelis Services Limited United Kingdom9
  • Novelis Sheet Ingot GmbH Germany9
  • Novelis Switzerland SA Switzerland9
  • Novelis UK Ltd. United Kingdom9
  • Novelis Ventures LLC United States, Delaware9
  • Novelis Vietnam Company Limited Vietnam9
  • Novelis de Mexico, S.A. de C.V. Mexico9
  • Novelis do Brasil Ltda. Brazil9
  • Ulsan Aluminum Ltd. South Korea9

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

On 15 April 2020, Novelis acquired Aleris Corporation for $2.8 billion. Through this acquisition Novelis entered into the high-end aerospace segment.

From Wikipedia’s article on Novelis, shared under CC BY-SA 4.0.8

Timeline

  1. Aug 26, 20268-K Executive or director change63
  2. Aug 5, 20268-K Results of operations64
  3. Jul 27, 20268-K Entered a material agreement; New debt or obligation65
  4. Jun 18, 20268-K Entered a material agreement; New debt or obligation66
  5. May 19, 20268-K Results of operations67
  6. Mar 10, 20268-K Entered a material agreement; New debt or obligation68
  7. Feb 23, 20268-K Entered a material agreement; New debt or obligation69
  8. Feb 11, 20268-K Results of operations70
  9. Jan 21, 20268-K Executive or director change71
  10. Dec 29, 20258-K Entered a material agreement72
  11. Dec 12, 20258-K Change of auditor73
  12. Nov 4, 20258-K Results of operations74
  13. Sep 1, 2022Parent Directly consolidated by Hindalco Industries4
  14. Jan 3, 2007New chief executive Edward A. Blechschmidt becomes CEO27
  15. Sep 27, 2006New chief executive William T. Monahan becomes CEO29
  16. Mar 9, 2006New chief executive Brian W. Sturgell becomes CEO28
  17. 2005Founded Founded1

Calendar

Coming up

  1. Around Oct 22, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results64
  2. May 19, 2026Reported quarterly or annual results67
  3. Feb 11, 2026Reported quarterly or annual results70
  4. Nov 4, 2025Reported quarterly or annual results74
  5. Aug 11, 2025Reported quarterly or annual results75
  6. May 12, 2025Reported quarterly or annual results76
  7. Feb 10, 2025Reported quarterly or annual results77
  8. Jan 8, 2025Reported quarterly or annual results78

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

90 filings to the SEC since October 2021: 10 annual reports, 15 quarterly reports, 51 major events, 14 other. The latest 20:

  1. Aug 26, 20268-K EDGAR
  2. Aug 5, 202610-Q EDGAR
  3. Aug 5, 20268-K EDGAR
  4. Jul 27, 20268-K EDGAR
  5. Jun 18, 20268-K EDGAR
  6. Jun 17, 202610-K/A EDGAR
  7. May 19, 202610-K EDGAR
  8. May 19, 20268-K EDGAR
  9. Mar 10, 20268-K EDGAR
  10. Feb 23, 20268-K EDGAR
  11. Feb 11, 202610-Q EDGAR
  12. Feb 11, 20268-K EDGAR
  13. Jan 21, 20268-K EDGAR
  14. Dec 29, 20258-K EDGAR
  15. Dec 12, 20258-K EDGAR
  16. Nov 4, 202510-Q EDGAR
  17. Nov 4, 20258-K EDGAR
  18. Sep 18, 20258-K EDGAR
  19. Sep 11, 20258-K EDGAR
  20. Aug 19, 20258-K EDGAR

The 90 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Novelis is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNovelis Inc.2
  • CIK0001304280
  • Employer ID (EIN)98-044298726
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company26
  • Incorporated inCanada26
  • Fiscal year endsMarch 312
  • Industry code (SIC)3350 Rolling Drawing & Extruding of Nonferrous Metals2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address3550 Peachtree Road, Suite 1100, Atlanta, GA 303262
  • Phone404-760-40002
  • Shares outstanding606,333,333 as of Aug 4, 202617
  • Public float$0 as of Sep 30, 202525
  • AuditorPricewaterhouseCoopers LLP, Atlanta, Georgia PCAOB ID 238; no auditor attestation of internal control over financial reporting26
  • On EDGAR sinceSep 28, 20042
  • Filings712 in all: 8-K (265), 4 (185), 10-Q (65), 3 (38), 10-K (22), UPLOAD (17), CORRESP (14), 10-K/A (9)2
    All 45 form types

    8-K/A (8), DEFA14A (8), 10-12B/A (6), SD (6), S-8 POS (5), SC 13G/A (5), DRS/A (4), S-4/A (4), S-8 (4), 3/A (3), EFFECT (3), NT 10-Q (3), S-4 (3), SC 13D/A (3), SC 13G (3), 10-Q/A (2), 4/A (2), 424B3 (2), CT ORDER (2), F-1/A (2), POS AM (2), SC 13D (2), 10-12B (1), 10-QT (1), 15-12B (1), 25-NSE (1), 8-A12B (1), CERT (1), CERTNYS (1), DEF 14A (1), DEFM14A (1), DFAN14A (1), DRS (1), F-1 (1), NTN 10K (1), PREM14A (1), RW (1)

  • Latest filingsAnnual report (10-K) May 19, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Sep 15, 2006
    Latest 8-K (8-K) Aug 26, 2026

Risk factors and legal proceedings

The risks Novelis names in Item 1A of its 10-K filed May 19, 2026: 32 risks under these headings, as written.26

  • Competitive and Strategic Risks
  • Operational Risks
  • Financial Risks
  • Risks Related to Cybersecurity and Data Privacy
  • Risks Related to Intellectual Property
  • Legal and Regulatory Risks
  • While we have long-standing strategic partnerships with global corporations and other customers, certain of our customers are significant to our revenues, and we could be adversely affected by disruptions or changes in the business or financial condition of these significant customers or by the loss of their business or reduction in their requirements.
  • Our operations could be materially and adversely affected by shifts in international trade policies, imposition of new tariffs, or other restrictive trade measures.
  • We face significant price and other forms of competition from other aluminum rolled products producers and potential new market entrants, which may adversely impact our competitive positions in our end-markets and our financial profile.
  • While we have a diversified product portfolio across various end-markets, our end-markets are highly competitive and customers may be willing to accept substitutes for our products, including steel, plastics, composite materials, and glass, and such willingness could adversely affect the demand for certain of our products and our results of operations.
  • We may not realize the anticipated benefits of strategic investments.
  • Our business has been, and may in the future be, adversely affected by increases in the cost or volatility in the availability of primary aluminum, scrap aluminum, sheet ingot, or other raw materials used in the production of our products.
The other 26 risks
  • Our operations are energy-intensive and our profitability and cash flows may decline if energy costs were to rise, or if our energy supplies were disrupted.
  • Downturns in the automotive and ground transportation industries or changes in consumer demand could adversely affect our business.
  • A majority of our facilities are staffed by a unionized workforce, and union disputes and other employee relations issues could materially adversely affect our financial results.
  • The impact of labor disputes and strikes on our customers could have material adverse effects on our business and financial results.
  • Loss of our key management and other personnel, or an inability to attract and retain such management and other personnel, could adversely impact our business.
  • We have in the past, and could in the future be adversely affected by unplanned disruptions at operating facilities, including as a result of adverse weather phenomena, fires or other force majeure events.
  • Our business has been and will continue to be exposed to various economic and political risks associated with our global operations.
  • Our business and operations, and the operations of our suppliers and customers, may be adversely affected by public health crises.
  • We face risks relating to certain joint ventures, subsidiaries and assets that we do not entirely control.
  • Increased freight costs on imported products could decrease earnings and liquidity.
  • Our results and short-term liquidity can be negatively impacted by timing differences between the prices we pay under purchase contracts and metal prices we charge our customers.
  • A deterioration of our financial condition, a downgrade of our ratings by a credit rating agency or other factors could limit our ability to enter into, or increase our costs of, financing and hedging transactions, and our business relationships and financial condition could be adversely affected.
  • Variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase.
  • Adverse changes in currency exchange rates could negatively affect our financial results or cash flows and the competitiveness of our aluminum rolled products relative to other materials.
  • Our results of operations, cash flows and liquidity could be adversely affected if we were unable to transact in derivative instruments, if our exposure to price fluctuations were not adequately hedged under derivative instruments, or if counterparties to our derivative instruments fail to honor their agreements.
  • An adverse decline in the liability discount rate, lower-than-expected investment return on pension assets and other factors could affect our results of operations or amount of pension funding contributions in future periods.
  • Our goodwill, other intangible assets and other long-lived assets could become impaired, which could require us to take non-cash charges against earnings.
  • Additional tax expense, tax liabilities or tax compliance costs could adversely impact our profitability.
  • The covenants in our credit facilities and the indentures governing our Senior Notes impose operating and financial restrictions on us.
  • Security breaches and other disruptions to our information technology networks and systems could interfere with our operations, and could compromise the confidentiality of our proprietary information.
  • Failure to comply with current or future federal, state and foreign laws and regulations and industry standards relating to privacy, data protection, advertising and consumer protection could adversely affect our business, financial condition, or results of operations.
  • If we are unable to protect our intellectual property, the confidentiality of our know-how, trade secrets, technology, and other proprietary information, our business and competitive position could be harmed.
  • Our global operations are subject to increasingly complex and stringent laws and government regulations that may adversely affect our business and operations.
  • We may be affected by global climate change or by legal, regulatory, or market responses to such change.
  • We are subject to a broad range of environmental, health and safety laws and regulations, and we may be exposed to substantial environmental, health and safety costs and liabilities.
  • We may be exposed to significant legal proceedings or investigations.

Legal proceedings

We are a party to legal proceedings incidental to our business from time to time. For additional information regarding litigation to which we are a party, see Note 20 – Commitments and Contingencies to our accompanying consolidated financial statements, which are incorporated by reference into this item.

The opening of Item 3, Legal Proceedings.26

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