National Aluminium Company Limited (NSE:NATIONALUM), a Navratna Central Public Sector Enterprise, filed its Q1 FY2026-27 earnings call presentation with the exchanges on 3 August 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015. The presentation disclosed consolidated net sales of Rs 5,269 crore and profit after tax of Rs 2,002 crore for the quarter ended 30 June 2026.
Key Highlights
- Net sales for Q1 FY27 stood at Rs 5,269 crore, a 39.17% increase over Rs 3,786 crore reported in Q1 FY26.
- PAT for Q1 FY27 was Rs 2,002 crore, up 88.16% year-on-year from Rs 1,064 crore in Q1 FY26.
- EBITDA (excluding exceptional income) rose 78.39% year-on-year to Rs 2,881 crore in Q1 FY27.
- The company confirmed that no Unpublished Price Sensitive Information was covered in or discussed during the earnings call.
About the Company
National Aluminium Company Limited (NSE:NATIONALUM), headquartered at Nalco Bhawan, Nayapalli, Bhubaneswar, Odisha, is a Government of India enterprise operating an integrated bauxite-alumina-aluminium-power-coal complex. Its key assets include bauxite mines and an alumina refinery at Damanjodi, an aluminium smelter and captive power plant at Angul, and 198 MW of wind power capacity. The Government of India holds 51.28% of the company.
Announcement in Detail
The earnings call presentation, submitted pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, covered physical performance, financials, long-term growth plans, and industry outlook for Q1 FY2026-27. Revenue from operations reached Rs 5,302 crore in Q1 FY27, compared with Rs 3,807 crore in Q1 FY26, a rise of 39.27%. Total income including non-operating income stood at Rs 5,475 crore against Rs 3,930 crore in the year-ago period.
On the operational side, aluminium metal production reached 116,000 tonnes in Q1 FY27, up 0.87% year-on-year. Domestic alumina sales rose sharply by 47.42% to 42,900 tonnes, while alumina exports grew 10.89% to 304,500 tonnes. The company's fifth stream alumina refinery of 1 MTPA capacity commenced pre-commissioning in June 2026. The brownfield smelter expansion of 0.5 MTPA and a new captive power plant of 1,080 MW (4x270 MW) are in pre-project stages.
Impact on Investors
The filing shows a significant year-on-year improvement in profitability, with PAT nearly doubling from Rs 1,064 crore in Q1 FY26 to Rs 2,002 crore in Q1 FY27. Investors will note that operating expenses grew only 12.05% year-on-year against a 39.17% rise in net sales, indicating meaningful operating leverage in the quarter. The disclosed LME aluminium price outlook of approximately USD 3,200-3,300 per tonne for CY2026, as stated in the presentation, is the primary external variable that shareholders will observe in monitoring forward revenue trends.
The filing also indicates that the approach road for the Pottangi Bauxite Mines project (111 million tonne reserve, 3.5 MTPA capacity) remains pending due to local agitation, which investors will note represents a project execution risk for the company's long-term raw material security plans.
Sector / Market Context
According to the Ministry of Mines and industry data cited in the presentation, India's primary aluminium production reached 4.29 million tonnes in FY2025-26, with consumption at 5.5 million tonnes. NITI Aayog projects domestic aluminium demand to grow at approximately 6-8% CAGR through 2030, supported by the electrical, transportation, and construction sectors, which together account for over 75% of Indian aluminium consumption.