| Revenue growth | Revenue from ops +26.3% YoY, +2.2% QoQ. |
|---|---|
| Margins | EBITDA margin ~49.1% vs 48.4% YoY, 54.3% QoQ. |
| Demand visibility | Slides cite aluminium deficit, tightness into 2027. |
Growth
Net sales ₹5,380 Cr, +26.2% YoY. EBITDA +28.0% YoY, but margin ~49.1% vs ~54.3% in Q1.
Outlook
No explicit numeric FY27 guidance given. Pipeline: Angul smelter expansion, 1,080 MW CPP, Mulapeta greenfield smelter, refinery expansion.
Risks
LME aluminium down to ~$3,061/t (Oct'26). Gulf/Hormuz disruption, hawkish Fed, and weaker China demand flagged.
Last quarter's promises, checked
Delivered
- Metal 4.75 lakh t FY27 (FY26 4.72) → Q2 metal +16.4% YoY, single qtr (= BEAT)
Partly delivered
- 5th Stream refinery 2 lakh t alumina FY27 → still listed as pipeline, no output disclosed (= PARTIAL)
- 0.5 MT smelter Board approval Oct–Nov'26 → pipeline only, unconfirmed (= PARTIAL)
Missed
- Alumina 16 lakh t FY27 (FY26 14) → alumina seg +0.8% YoY, basis unclear (= MISS)
- Captive coal 4.8 MT FY27 (FY26 4.0) → coal seg -6.3% YoY, basis unclear (= MISS)
Investor Presentation filed with NSE, NSE: NATIONALUM. Summary written with AI assistance from the document.
National Aluminium Company Ltd: key numbers
- Share price
- ₹328.00
- Market cap
- ₹60,242 Cr
- Revenue (annual)
- ₹17,843 Cr
- Net profit (annual)
- ₹5,816 Cr
- P/E (TTM)
- 8.4×Sector 16.8×
- 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.
More from National Aluminium Company Ltd
All →National Aluminium Company Results Update
NALCO reported record H1 FY27 results, with PAT up 54% to Rs.3,837 crore. Q2 net profit rose 28% year-on-year to Rs.1,835 crore.
National Aluminium Company Dividend
National Aluminium declared an interim dividend of Rs 4.5 per equity share on 2 November 2026. The record date is 6 November 2026, with payment proposed by 1 December 2026.
National Aluminium Company Q2 FY27 Results: Net Profit ₹1,835 Cr, Up 28.3% YoY
National Aluminium Company Ltd reported revenue from operations of ₹5,419 Cr (+26.3% YoY) and net profit of ₹1,835 Cr (+28.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,835 Cr · +28.3% YoY
National Aluminium Company Board Meeting Date
National Aluminium Company Ltd has scheduled a board meeting on 02 November 2026 to consider unaudited financial results and an interim dividend for FY 2026-27.
National Aluminium Company Other Announcement
National Aluminium Company Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. This is a routine regulatory disclosure.
National Aluminium Company Legal & Regulatory
NALCO requests a waiver from BSE and NSE for a Rs. 0.14 Crore fine imposed due to non-compliance regarding Independent Director appointments.
- Value
- ₹0.14 Cr