National Aluminium Company Limited intimated the superannuation of its senior management personnel on August 31, 2026.

Shri V. S. Rao Amperayani , who served as Executive Director (PF), retired from the company on this date. The disclosure was made in compliance with Regulation 30 read with Schedule-III of the SEBI (LODR) Regulations, 2015.

Management Change Details

The company notified both the Bombay Stock Exchange and the National Stock Exchange regarding the change in senior management. Shri V. S. Rao Amperayani held a position one level below the Board of Directors.

The intimation was signed by Bharat Kumar Sahu, Company Secretary and Compliance Officer, and digitally authenticated on August 31, 2026.

National Aluminium Company Ltd delivered its highest-ever financial performance in FY26, driven by record operational output and robust market conditions. The company reported a ₹5,816 crore profit after tax (PAT), marking a 9% YoY growth. Revenue from operations also hit a new high of ₹17,843 crore, up 6% YoY.

The strong bottom-line growth was supported by an EBITDA of ₹8,613 crore, which grew 9% YoY. This performance underscores the effectiveness of NALCO's integrated business model, combining bauxite mining, alumina refining, aluminium smelting, and captive power generation.

Operational Highlights

NALCO achieved record production levels across its value chain during FY26. Key operational metrics include:

• Bauxite Excavation: 77.01 lakh tonnes
• Alumina Hydrate Production: 23.00 lakh tonnes
• Calcined Alumina Production: 22.75 lakh tonnes
• Aluminium Cast Metal Production: 4.72 lakh tonnes
• Coal Production: 40.00 lakh tonnes
• Net Power Generation: 6,953 million units

Sales volumes also reached historic highs, with total alumina sales at 14.46 lakh tonnes and aluminium metal sales at 4.74 lakh tonnes. The company successfully supplied its entire coal production of 40 lakh tonnes to its captive power plant at Angul, enhancing fuel security.

Financial Performance and Shareholder Returns

The company maintained a healthy balance sheet while rewarding shareholders generously. An interim dividend of ₹10.50 per equity share was paid in three tranches during the year. Additionally, the board recommended a final dividend of ₹1.00 per share for shareholder approval.

The total dividend payout for FY26 amounts to ₹2,112.12 crore, representing 230% of the paid-up share capital. On a cash basis, the total dividend payout was ₹2,020.29 crore, reflecting a 10% YoY growth.

What the Numbers Show

A significant portion of NALCO's profit generation is tied to its efficient cost structure and vertical integration. With EBITDA at ₹8,613 crore and PAT at ₹5,816 crore, the conversion of operating profit to net profit remains robust. The 9% growth in both EBITDA and PAT, despite only 6% revenue growth, suggests that margin expansion played a key role in driving profitability. This indicates effective cost optimization and potentially favorable input-output price dynamics during the period.

Strategic Expansion and Future Outlook

NALCO is advancing several key expansion projects to sustain long-term growth:

• Alumina Refinery Expansion: The 5th Stream project at Damanjodi will add 1 million tonnes per annum capacity. Trial operations commenced in June 2026, with stabilization expected in Q4 FY27.
• Bauxite Mining: The Pottangi Bauxite Mines (3.5 million tonnes capacity) are scheduled for operationalisation in FY27. An alternative sourcing arrangement from Panchpatmali South Block is 93% complete.
• Smelter Expansion: A proposed 0.5 million tonnes per annum brownfield expansion of the Angul smelter is under preparation, supported by a planned 1,080 MW captive power plant via a joint venture with NLC India Limited.

The company is also diversifying into critical minerals through its joint venture KABIL, exploring lithium assets in Argentina, and developing pilot plants for gallium and rare earth element recovery from industrial by-products like red mud and fly ash.