Financial Performance Highlights

Q2 FY27 Performance:

  • Revenue growth: 59.2% YoY
  • EBITDA growth: 30.5% YoY
  • PAT growth: 25.4% YoY
  • Sales volumes: 119,959 MT (14.4% YoY growth)
  • Aluminium volumes: 98,289 MT (24.0% YoY growth)
  • Billet volumes: 125.9% YoY growth
  • UBC recycling volumes: 169.8% YoY growth
  • EBITDA per kg: ₹12.6

H1 FY27 Performance:

  • Revenue growth: 61.9% YoY
  • EBITDA growth: 28.9% YoY
  • PAT growth: 23.7% YoY
  • Total volumes: 18.7% YoY growth
  • EBITDA per kg: ₹12.5

Operational Highlights

  • Extensive global procurement network of over 1,000 scrap yards
  • Structured LME-linked hedging framework with customer price pass-through mechanisms
  • Credit rating upgrade by CRISIL to AA-/Stable for long-term facilities and A1+ for short-term facilities
  • Two new plants under construction: Shoolagiri, Tamil Nadu and Bawal, Haryana
  • FY27 capex guidance: ~₹200 Cr for greenfield and brownfield expansion

Business Segments and Products

Core Products:

  • Aluminium Ingots (base industry standard)
  • Liquid (Molten) Aluminium (first-mover in India for construction, solar, EVs)
  • Billets & Green Sheet Ingots
  • Used Beverage Can (UBC) recycling
  • Zinc Alloy Ingots

Other Metals Processed:

  • Stainless steel, Copper, Brass, Zinc, Lead, Magnesium

Strategic Initiatives:

  • Focus on expanding non-automotive segments (billets, sheet ingots, UBC recycling)
  • Supplying wrought billets to Hindalco
  • Developing customer-specific alloys

Manufacturing and Capacity

  • Integrated manufacturing capabilities with advanced technology
  • Pioneering liquid metal supply model
  • Long qualification cycles and just-in-time deliveries
  • Deep customer integration creating entry barriers

Sustainability and CSR

Environmental Impact (FY26):

  • 273,724+ carbon credits as of April 2026
  • Near-zero discharge for liquid and solid waste
  • Saved ~80.39 million kgs of GHG emissions
  • Renewable energy share expected to increase to 37% by FY27

CSR Activities (FY26):

  • 60,000+ lives impacted across 34 villages
  • Education: 8,000+ students reached, 3,674 educational assistance
  • Healthcare: 26,000+ lives benefited, 4,000+ health camp beneficiaries
  • Environment: 5,000+ saplings planted
  • Community Development: 17,000+ community members benefited

Human Resources

  • Average workforce age: 31 years
  • 81 campus hires in FY26 across 25 institutes
  • Comprehensive learning & development programs

Management Commentary

Chairman & Managing Director Mr. Mohan Agarwal stated: "We delivered a strong performance in Q2 FY27... This performance was supported by healthy volume growth of 14.4% YoY and disciplined cost management. Our extensive global procurement network... enable us to secure quality raw materials at competitive prices. The recent one notch upgrade in our credit ratings by CRISIL reflects our strengthened financial standing."

Forward Looking Statements

The presentation contains forward-looking statements concerning future business prospects and profitability, subject to risks including fluctuations in earnings, ability to manage growth, competition, economic growth, ability to attract professionals, time and cost overruns, international operations, government policies, and interest costs.