India · Delayed Price · Currency is INR National Aluminium Company Earnings Call Transcripts
Fiscal Year 2026
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Record operational and financial results in FY 2026 with strong growth in production, sales, and profitability. Alumina prices remain under pressure due to global oversupply, while aluminum prices are elevated but expected to normalize. Major CapEx and expansion projects are on track, with continued focus on cost control and value-added products.
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Record production and profitability were achieved in Q3 and nine months FY 2026, with revenue up 13% and EBITDA margin up 20% year-over-year. Alumina prices declined due to oversupply, but higher volumes and operational efficiencies offset the impact.
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Record H1 and Q2 results with strong growth in revenue, profit, and alumina sales, driven by higher production and efficiency. Major refinery and smelter expansions are on track, with robust cash reserves and disciplined capital allocation.
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Q1 FY26 saw 33% revenue and 77% PAT growth year-over-year, with record production and sales across segments. Expansion projects remain on track, including a new alumina refinery and bauxite mine, while the company maintains a zero-debt position and robust dividend payout.
Fiscal Year 2025
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Record FY 2025 results with highest-ever revenue, profit, and margins, driven by strong alumina and aluminum operations and cost efficiencies. Expansion projects are on track, though some delays are expected, and the company remains zero-debt with robust CapEx plans. Market volatility and raw material costs present ongoing risks.
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Achieved record turnover, PAT, and EBITDA for Q3 and nine months, with PAT up 211% year-over-year. Major expansions in refinery and smelter underway, with future growth supported by strong domestic demand and a planned shift to a leveraged capital structure.