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Earnings Call

National Aluminium Company Earnings Call: Key Takeaways

NALCO achieved record FY26 financials with Revenue of ₹17,843cr (up 6.28%) and PAT of ₹5,816cr (up 9.22%) driven by highest-ever physical production across bauxite and aluminum segments.

Why this was an Alfa AlertNot a filter event. Results exceeded prior year records but did not cite a specific multi-point beat against previously guided upper-end ranges.
Highlights
Revenue growth6.28% YoY growth in FY26.
MarginsHigher metal margins compensating for lower alumina realizations.
Demand visibilityStrong domestic demand; looking for long-term global smelter relationships.
Management confidenceHigh, citing record physical performance and operational efficiencies.

Growth

Revenue grew 6.28% to ₹17,843cr; EBITDA rose 8.72% to ₹8,613cr; PAT increased 9.22% to ₹5,816cr.

Outlook

Commissioning 5th stream refinery (June 2026), adding 2 lakh tons alumina. Major ₹30,000cr capex planned for new smelter and power JV.

Risks

Softening alumina spot prices ($300-$310 range), rising input costs (caustic soda, CP coke), and geopolitical disruptions in Middle East exports.

Source

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

Read the document ↗

National Aluminium Company Ltd: key numbers

Share price
₹358.70
Market cap
₹65,880 Cr
Revenue (annual)
₹17,843 Cr
Net profit (annual)
₹5,797 Cr
P/E (TTM)
9.8×Sector 19.0×
Promoter holding
51.28%+0.00% QoQ
FII holding
21.99%Current quarter

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

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aluminium production capacity
0.5 MTPA