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Sumangal Nivatya

Analyst

Kotak Securities

Equibles does not estimate personal net worth.

About Sumangal Nivatya

Sumangal Nivatya is recorded as Analyst at Kotak Securities. Sumangal Nivatya has spoken on 5 earnings calls across 4 companies, most recently for Vedanta Aluminium Metal Limited on October 28, 2026. Those appearances were for National Aluminium Company Limited, Vedanta Aluminium Metal Limited, Vedanta Iron and Steel Limited and Hindalco Industries Limited. The companies whose calls Sumangal Nivatya spoke on are classified in the Basic Materials sector.

Sumangal Nivatya on recent calls

“So, first, continuing on CGMRI, can you share what is the likely cost delivered at the refinery versus external box site, and what could be the cost saving once the mine ramps up?”
Analyst — Kotak Securities, Earnings Call for the Quarter Ended September 30, 2026 ·
“So just continuing on the previous question. So one on the CapEx, can you share 1Q how much we spent? And then for the expansion, I just want to know the power CapEx will happen in the JV?”
Analyst — Kotak Securities, Earnings Call for the Quarter Ended June 30, 2026 ·
“First question is to Ajay on the overall capital allocation. So one is, at the VRL level, can we assume that a large part of deleveraging is behind now, given that we've refinanced, and going forward, the focus would be more on growth, or are we expecting further deleveraging from $4.5 billion debt?”
Analyst — Kotak Securities, Earnings Call for the Quarter Ended June 30, 2026 ·
“First one, I just want to understand the hedges better. We understand the aluminum part.”
Analyst — Kotak Securities, Earnings Call for the Quarter Ended March 31, 2026 ·
“For a chance, I got disconnected, so please excuse if it's already discussed. My first question is on coal. Can you just remind us what was the captive coal production for Fi26?”
Analyst — Kotak Securities, Earnings Call for the Quarter Ended March 31, 2026 ·

Affiliation history

  • Kotak Securities

    Analyst

    Transcript header (unverified)

    Current

Company network

National Aluminium Company Limited

Aluminum · Basic Materials

2 appearances Latest appearance 2026-08-03

Vedanta Aluminium Metal Limited

Aluminum · Basic Materials

1 appearance Latest appearance 2026-10-28

Vedanta Iron and Steel Limited

Steel · Basic Materials

1 appearance Latest appearance 2026-07-30

Hindalco Industries Limited

Aluminum · Basic Materials

1 appearance Latest appearance 2026-05-22

Recent activity

  • Earnings call

    Earnings Call for the Quarter Ended September 30, 2026

    Vedanta Aluminium Metal Limited

  • Earnings call

    Earnings Call for the Quarter Ended June 30, 2026

    National Aluminium Company Limited

  • Earnings call

    Earnings Call for the Quarter Ended June 30, 2026

    Vedanta Iron and Steel Limited

  • Earnings call

    Earnings Call for the Quarter Ended March 31, 2026

    Hindalco Industries Limited

  • Earnings call

    Earnings Call for the Quarter Ended March 31, 2026

    National Aluminium Company Limited