NALCO Strengthens Leadership: Appoints New Director of Finance
NALCO has appointed Shri Abhay Kumar Behuria as its new Director of Finance. Behuria brings over 30 years of experience from the Steel Authority of India Limited (SAIL), a MAHARATNA company in the metals and mining sector. This strategic appointment is expected to bring fresh perspectives to NALCO's financial operations, potentially impacting areas such as strategic financial planning, cost optimization, capital allocation, and risk management. The move comes as the aluminum industry faces various challenges and opportunities in the global market.
NALCO Sets Rs 1700 Crore Capex Target for FY27, Aims for Full Capacity Production
National Aluminium Company Limited (NALCO) has announced a capex target of Rs 1700 crore for FY 2026-27 and aims to achieve a production volume of 4 million tonnes, matching its rated capacity, for the current year. This strategic move signals NALCO's focus on growth, operational efficiency, and strengthening its position in the global aluminium market.
National Aluminium Company Ltd: Q4 Profit Doubles, Revenue Surges 47%
National Aluminium Co has announced impressive Q4 financial results, with EBITDA surging to ₹27.50 billion from ₹11.08 billion year-over-year. The company's net profit nearly doubled to ₹20.67 billion, while revenue grew by 47.20% to ₹52.68 billion. The EBITDA margin improved significantly to 52.28% from 30.96%. For the full fiscal year, the company achieved record bauxite excavation and domestic sales, with annual profit reaching ₹52.68 billion.
National Aluminium Company Limited (Nalco) has been criticized by a parliamentary panel for slow capital expenditure in FY 2024-25. The company spent only Rs 879 crore out of a targeted Rs 2,000 crore in the first ten months. Despite this, Nalco's financials show strength with total assets up 9.47% to Rs 19,418.60 crore and current assets rising 15.65% to Rs 6,129.90 crore. Capital expenditure for the year was Rs 1,656.80 crore, an 8.01% increase year-over-year, but still below the target. Nalco is funding its planned outlay through internal resources without government support.
21Mar 25
NALCO Joins FTSE All World Index, Anticipating ₹1.2 Billion Inflow
National Aluminium Company Limited (NALCO) has been included in the FTSE All World Index, a move expected to bring in approximately ₹1.20 billion ($14.00 million) of investment. This inclusion is anticipated to increase NALCO's global visibility, enhance stock liquidity, attract passive investment inflows, and potentially increase analyst coverage. NALCO is one of India's largest integrated bauxite-alumina-aluminium-power complexes with a significant presence in domestic and international markets.