Unlisted Shares

Market Share

• ​The company is the third-largest aluminium player in the country, with a smelting capacity of 570 KTPA and a primary production volume share of 23% in FY23 as compared to 22% in FY22. It has witnessed sustained operating performance, aided by the utilization of nearly 100% over the past three fiscals. Its capacities are likely to operate at optimum levels going ahead and the company will maintain its healthy market position over the medium term.​​
  

• ​BALCO is a 51% subsidiary of Vedanta and is involved in the mining of bauxite, smelting of aluminium and generation of power. The company is strategically important to the parent’s plans for growing its aluminium business. The company’s existing smelter capacity of 570 KTPA accounts for 25% of the group’s aluminium smelting capacity. BALCO will continue to derive high financial flexibility from being part of the Vedanta group.​
  

Revenue Growth 

• The domestic revenue mix has witnessed a domestic market share of 23% in FY23 as compared to 2% in FY22. The revenue of our value-added product mix has improved at a moderate level, followed by significant revenue growth in our Wire Rods and Primary Foundry Alloy product ranges. Over the last 5 years,  BALCO's revenue has grown by 8% from ₹ 8,954 Cr in FY18 to ₹ 13,059 Cr in FY23.
  

Profitability

• The net profit margin of the company was 0.3% in FY23 which has declined over the last 5 years from 1.9% in FY18 to 0.3% in FY23, demonstrating a decline rate of 24.4% y-o-y.