National Aluminium Company (NATIONALUM) investor relations material

Executive summary

• Q1 FY 2027 delivered record revenue and profitability, driven by higher production volumes, operational efficiency, and robust sales growth.

• Maintained leadership in low-cost bauxite and alumina production with integrated operations across mining, refining, smelting, and power.

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 were approved by the Board of Directors on 31 July 2026.

• Continued focus on sustainability, environmental stewardship, and robust CSR initiatives.

• The 45th Annual General Meeting is scheduled for 31 August 2026 via video conferencing.

Financial highlights

• Total income for Q1 FY 2027 grew 39% year-over-year to INR 5,400 crore, with standalone revenue at ₹5,302.38 crore and consolidated net profit at ₹2,008.52 crore.

• Profit before tax increased by 88% year-over-year to ₹2,688.90 crore; EBITDA rose by 78%.

• PAT for Q1 FY 2027 was ₹2,007.76 crore, up from ₹1,060.37 crore in Q1 FY 2026.

• Operating expenses grew 12.05% year-over-year, reflecting cost control amid higher volumes.

• Net cash as of June 30, 2026, stood at INR 10,500 crore.

Outlook and guidance

• FY 2027 alumina production guidance is 2.5 million tons, with sales targeted at 1.6 million tons, up from 1.4 million last year.

• Fifth stream refinery commissioning is underway, targeting 200,000 tons of alumina production in FY 2027 and full 1 million ton run-rate from FY 2028.

• LME aluminium prices expected to average $3,200–3,300/T in CY 2026, with a projected global deficit in H2-2026 before balancing in 2027.

• Indian aluminium demand projected to grow at 6–8% CAGR through 2030, supported by strong GDP growth and sectoral demand.

• The company continues to pursue joint ventures, including a 1,080 MW thermal captive power plant with NLC India Limited.