| Revenue growth | 39.27% YoY for Q1 FY26-27. |
|---|---|
| Margins | EBITDA margin improved significantly YoY to 54.3% in Q1 FY26-27. |
| Demand visibility | Strong domestic demand projected at 6-8% CAGR through 2030. |
| Management confidence | High, citing global cost leadership in bauxite and alumina production. |
Growth
Revenue grew 39.27% YoY and PAT surged 88.16% YoY compared to Q1 FY25-26. EBITDA increased 78.39% YoY.
Outlook
Ongoing 1 MTPA Alumina Refinery expansion (pre-commissioning started June '26) and 0.5 MTPA Smelter brownfield expansion with 1080MW CPP.
Risks
Exposed to LME price volatility, geopolitical tensions in the Gulf, and local agitation affecting Pottangi Bauxite mine access.
Last quarter's promises, checked
Delivered
- Guided 5th stream refinery commissioning start June '26 → delivered Started June '26 (= BEAT)
- Guided FY26 capex ~₹2,000 Cr → delivered ~₹2,000 Cr (= BEAT)
- Guided alumina production growth → delivered 23 lakh tons vs 20.75 lakh tons YoY (= BEAT)
Partly delivered
- Guided coal production 4.8 MT (FY27) → delivered 4.8 MT target remains pending EC clearance (= PARTIAL)
Investor Presentation filed with NSE, NSE: NATIONALUM. Summary written with AI assistance from 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.
More from National Aluminium Company Ltd
All →National Aluminium Company Management Change
National Aluminium Company (NALCO) has promoted five executives, including Shri Srimanta Panda and Shri Siddhartha Das, to the position of Executive Director (Senior Management).
National Aluminium Company Management Change
National Aluminium Company Limited appointed M/s. B M Chatrath & Co. LLP and M/s. SRB & Associates as statutory auditors for a 12-month term.
National Aluminium Company Other Announcement
National Aluminium Company Limited has appointed M/s. B M Chatrath & Co. LLP and M/s. SRB & Associates as Joint Statutory Auditors for the financial year 2026-27.
National Aluminium Company Investor Presentation: Key Takeaways
NALCO reported a strong start to FY27 with Q1 revenue of ₹5,302 crore and PAT of ₹2,002 crore. The company focuses on integrated operations and lowest-cost bauxite/alumina production.
National Aluminium Company Annual General Meeting
National Aluminium Company Limited submitted the minutes of its 45th Annual General Meeting held on August 31, 2026. The meeting included shareholder approval of financial statements and dividends.
National Aluminium Company Partnership
NALCO signed a Technology Partnership Agreement with Emirates Global Aluminium for DX+ Ultra smelting technology. The deal supports a 0.5 MTPA brownfield expansion at Anugola, Odisha.
- aluminium production capacity
- 0.5 MTPA