NATIONALALUMINIUM / guidance tracker

Keep management guidance in view.

National Aluminium · forward-looking guidance across the available source record.

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Guidance tracker

What management said would happen.

FY27 alumina production target of ~25 lakh tonnes

Management targets alumina production of ~25 lakh tonnes in FY27, including 2 lakh tonnes from the new fifth stream refinery commissioning from June 2026.

growth

FY27 aluminium production target of ~4.73 lakh tonnes

Aluminium production is targeted at ~4.73 lakh tonnes, slightly higher than FY26's 4.71 lakh tonnes, as capacity is near peak.

growth

FY27 capex guidance of ₹1,800-2,000 crore

Capex for FY27 is expected to be ₹1,800-2,000 crore, primarily for the fifth stream refinery and other projects.

capex

FY28 capex to rise to ₹4,000-5,000 crore

Capex in FY28 is expected to increase to ₹4,000-5,000 crore as the new smelter and power plant projects commence.

capex