Mumbai: National Aluminium Company Limited (NALCO) reported its Q4 FY26 standalone net profit at ₹1,718 crore, marking a decline of 17% year-on-year, while maintaining strong annual performance growth for FY26. The company also announced a third interim dividend of ₹2 per share.
Q4 FY26 Financial Performance Declines Year-on-Year
NALCO’s key standalone financial results for the fourth quarter showed a moderate decline:
- Net Profit: ₹1,718 crore (down from ₹2,078 crore in Q4 FY25)
- Revenue from Operations: ₹5,013 crore (down 5% YoY)
- Profit Before Tax: ₹2,311 crore (down 16% YoY)
- Earnings Per Share: ₹9.35 (vs ₹11.32 last year)
Despite the quarterly dip, the company maintained stable margins driven by operational efficiency.
Read also: NALCO India Signs MoU with Union Bank of India in Bhubaneswar to Enhance Employee Salary Benefits
Strong Full-Year FY26 Growth Performance
For the full financial year FY26, NALCO posted solid growth:
- Net Profit: ₹5,816 crore (up 9% YoY)
- Revenue: ₹17,843 crore (up 6% YoY)
- EPS: ₹31.67 (vs ₹28.99 in FY25)
The annual performance reflects steady demand in aluminium and chemical segments.
Third Interim Dividend of ₹2 Per Share Declared
The Board of Directors approved a third interim dividend of ₹2 per equity share (40%).
Key details include:
- Record Date: May 8, 2026
- Payment Date: On or before May 30, 2026
- Total FY26 Dividend: ₹10.50 per share
- Total payout: ₹1,928.46 crore
Earlier dividends of ₹4 and ₹4.50 per share were already paid during FY26.
Segment-Wise Performance
- Aluminium Segment Revenue: ₹3,895 crore
- Chemicals Segment Revenue: ₹1,575 crore
- Profit Before Tax (Aluminium): ₹1,894 crore
- Profit Before Tax (Chemicals): ₹395 crore
Aluminium remained the dominant revenue driver for the company.
Strong Balance Sheet Position
NALCO reported a robust financial position:
- Total Assets: ₹26,803 crore
- Net Worth: ₹21,862 crore
- Cash & Bank Balance: ₹8,254 crore
The strong liquidity position supports future expansion plans.
Key Operational Notes
- Wind power revenue remains unrecognised due to legal dispute in Rajasthan
- ₹20.30 crore provision made for new labour codes impact
- Approval given to wind up unviable JV (Utkarsha Aluminium Dhatu Nigam Ltd.)
- Expansion approvals for KABIL joint venture
Auditors issued an unmodified opinion with emphasis on key matters.
About NALCO
National Aluminium Company Limited (NALCO) is a Navratna CPSE under the Ministry of Mines, specializing in integrated bauxite mining, alumina refining, aluminium smelting, and power generation. With a strong focus on operational efficiency and sustainability, NALCO is a leading player in India’s metals sector, catering to both domestic and international markets.
