Novelis Inc. (NVL)

Novelis was planning to go public, but the IPO was withdrawn on Oct 8, 2024.

IPO Price Range

$18.00 - $21.00

Shares Offered

45,000,000

Deal Size

$877.50M

Novelis Financials Overview

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '24 Mar 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	16,210	16,210	18,486	17,149
Revenue Growth	-	-12.31%	7.80%	-
Gross Profit	2,506	2,506	2,490	2,795
Operating Income	818	818	806	1,299
Net Income	600	600	658	954

Cash & Debt

Fiscal Year	Current	FY 2024	FY 2023	FY 2022
Period Ending	Mar '24 Mar 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	1,354	1,354	1,643	0
Total Debt	5,658	5,658	5,640	0
Net Cash (Debt)	-4,304	-4,304	-3,997	0
Net Cash Growth	-	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '24 Mar 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	1,315	1,315	1,208	1,143
Capital Expenditures	-1,358	-1,358	-786	-446
Free Cash Flow	-43	-43	422	697
Free Cash Flow Growth	-	-	-39.45%	-

Margins

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '24 Mar 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	15.46%	15.46%	13.47%	16.30%
Operating Margin	5.05%	5.05%	4.36%	7.58%
Pretax Margin	5.05%	5.05%	4.35%	7.20%
Profit Margin	3.70%	3.70%	3.56%	5.56%
FCF Margin	-0.27%	-0.27%	2.28%	4.06%