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Earnings Call

National Aluminium Company Earnings Call: Key Takeaways

NALCO Q4 FY26 earnings presentation shows a decline in quarterly PAT to ₹1,718 crore. Annual FY26 PAT grew 9.2% to ₹5,816 crore with integrated operations focus.

Why this was an Alfa AlertNot a filter event. Performance was generally in line with targets; no material beat against management's prior guidance was explicitly stated.
Highlights
Revenue growthFY26 revenue up 6.28% YoY; Q4 revenue down 4.82% YoY.
MarginsEBIDTA margin improved to 48.3% for FY26 from 47.2% in FY25.
Demand visibilityPositive; 6.3-7.2% CAGR expected in Indian aluminium demand till 2030.
Management confidenceHigh; focusing on unlocking productivity and cost efficiency.

Growth

FY26 Revenue from Operations up 6.28% to ₹17,843cr; Annual PAT up 9.22% to ₹5,816cr.

Outlook

Major expansions: Pottangi Bauxite (3.5 MTPA) May'26; 5th Stream Alumina (1 MTPA) June'26; Smelter (0.5 MTPA) Aug'30.

Risks

Declining Q4 margins against CPLY; LME price volatility; geopolitical turmoil impacting logistics costs.

Source

Earnings Call filed with BSE, NSE: NATIONALUM. Summary written with AI assistance from the document.

Read the document ↗

National Aluminium Company Ltd: key numbers

Share price
₹328.40
Market cap
₹60,315 Cr
Revenue (annual)
₹17,843 Cr
Net profit (annual)
₹5,797 Cr
P/E (TTM)
8.4×Sector 17.1×
Promoter holding
51.28%+0.00% QoQ
FII holding
21.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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21:06 IST NSE
Capacity Expansion

National Aluminium Company Capacity Expansion

NALCO's proposed Anugola smelter expansion gained key approvals and partnerships. It targets 0.5 MTPA capacity with commissioning planned for 2030-31.

smelting capacity
0.5 MTPA