Novelis is the world’s premier producer of rolled aluminum and the global leader in aluminum recycling. We deliver sustainable solutions for the most technologically demanding applications, including automobiles, beverage cans, architecture and consumer electronics. Novelis enjoys long-standing customer relationships with some of the world’s premier companies and most well-known brands including The Coca-Cola Company, Ford, Jaguar Land Rover, Samsung, LG and many others. Much of Novelis aluminum is made from recycled material, saving natural resources and allowing for the creation of consumer products that have a lower environmental footprint. Through our recycling leadership, what would have otherwise been discarded becomes the material for new creation. Headquartered in Atlanta, Georgia, USA, Novelis has 25 operating facilities on four continents. The company is part of the Aditya Birla Group, a $40 billion multinational conglomerate based in Mumbai, India.
Company Growth (employees)
Type
Private
HQ
Atlanta, US
Founded
2005
Size (employees)
4,152 (est)
Novelis was founded in 2005 and is headquartered in Atlanta, US

Key People at Novelis

Tom Carter

Tom Carter

CIO, North America
Karen Renner

Karen Renner

VP & CIO

Novelis Office Locations

Novelis has an office in Atlanta
Atlanta, US (HQ)
2000 3560 Lenox Rd Ne

Novelis Data and Metrics

Summary Metrics

Founding Date

2005

Novelis Financial Metrics

Novelis's revenue was reported to be $9.6 b in FY, 2017
USD

Revenue (FY, 2017)

9.6 b

Gross profit (FY, 2017)

1.6 b

Gross profit margin (FY, 2017), %

16%

Net income (FY, 2017)

46 m

Cash (31-Mar-2017)

594 m
USDFY, 2017

Revenue

9.6 b

Cost of goods sold

8 b

Gross profit

1.6 b

Gross profit Margin, %

16%

R&D expense

58 m

General and administrative expense

421 m

Operating expense total

9.4 b

Pre tax profit

197 m

Income tax expense

151 m

Net Income

46 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

2.7 b2.8 b2.8 b2.6 b2.5 b2.4 b2.3 b2.4 b2.3 b

Cost of goods sold

2.3 b2.5 b2.5 b2.4 b2.2 b2.1 b1.9 b2 b1.9 b

Gross profit

351 m348 m349 m234 m241 m303 m366 m381 m389 m

Gross profit Margin, %

13%12%12%9%10%13%16%16%17%

R&D expense

12 m12 m14 m13 m13 m13 m13 m14 m14 m

General and administrative expense

108 m103 m108 m100 m100 m104 m92 m108 m103 m

Operating expense total

120 m115 m122 m113 m113 m117 m105 m122 m117 m

Pre tax profit

59 m36 m49 m(45 m)(16 m)22 m60 m(62 m)111 m

Income tax expense

24 m(2 m)3 m15 m(3 m)16 m36 m27 m47 m

Net Income

35 m38 m46 m(60 m)(13 m)6 m24 m(89 m)64 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

509 m628 m556 m594 m

Accounts Receivable

106.7 m

Inventories

1.2 b1.4 b1.2 b1.3 b

Current Assets

3.5 b3.7 b3 b3.3 b

PP&E

3.5 b3.5 b3.5 b3.4 b

Goodwill

611 m607 m607 m607 m

Total Assets

9.1 b9.1 b8.3 b8.3 b

Accounts Payable

113.7 m

Current Liabilities

3.2 b3.6 b2.8 b2.9 b

Total Liabilities

8.4 b

Retained Earnings

(1.1 b)(925 m)(963 m)(918 m)

Total Equity

268 m

Financial Leverage

34 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

337 m326 m387 m456 m462 m457 m457 m473 m505 m

Inventories

1.3 b1.5 b1.5 b1.5 b1.3 b1.3 b1.2 b1.3 b1.3 b

Current Assets

3.6 b3.8 b3.8 b3.8 b3.3 b3.2 b3 b3.1 b3.1 b

PP&E

3.6 b3.5 b3.5 b3.6 b3.5 b3.5 b3.4 b3.4 b3.3 b

Goodwill

608 m608 m607 m607 m607 m607 m607 m607 m607 m

Total Assets

9.3 b9.3 b9.3 b9.2 b8.6 b8.5 b8.2 b8.3 b8.1 b

Current Liabilities

3.3 b3.5 b3.6 b3.6 b3.2 b3 b2.8 b2.8 b2.7 b

Additional Paid-in Capital

1.4 b

Retained Earnings

(1 b)(1 b)(954 m)(985 m)(998 m)(992 m)(939 m)(1 b)(965 m)

Total Equity

335 m237 m213 m

Financial Leverage

27.8 x39.3 x43.6 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

104 m148 m(38 m)46 m

Depreciation and Amortization

87 m86 m89 m360 m

Accounts Receivable

106 m(54 m)336 m(154 m)

Inventories

17 m(390 m)268 m(193 m)

Accounts Payable

159 m578 m(327 m)253 m

Cash From Operating Activities

702 m604 m541 m575 m

Capital Expenditures

(717 m)(518 m)(370 m)(224 m)

Cash From Investing Activities

(702 m)(416 m)(378 m)(212 m)

Cash From Financing Activities

205 m(56 m)(245 m)(325 m)

Free Cash Flow

1.4 b1.1 b911 m351 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

35 m38 m46 m(60 m)(13 m)6 m24 m(89 m)64 m

Depreciation and Amortization

89 m90 m87 m87 m89 m88 m89 m90 m88 m

Inventories

1.5 b1.3 b1.3 b1.2 b1.3 b1.3 b
USDY, 2017

Revenue/Employee

2.5 m

Novelis Median Salaries

Source: 31 public H-1B filings from Novelis

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Novelis Company Life and Culture

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