Non - Ferrous Metals
Valuation | |
|---|---|
| Market Cap | 66.96 kCr |
| Price/Earnings (Trailing) | 10.95 |
| Price/Sales (Trailing) | 3.61 |
| EV/EBITDA | 7.43 |
| Price/Free Cashflow | 8.98 |
| MarketCap/EBT | 8.16 |
| Enterprise Value | 66.87 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -2.4% |
| Price Change 1M | 25.7% |
| Price Change 6M | 88.3% |
| Price Change 1Y | 79.2% |
| 3Y Cumulative Return | 62.8% |
| 5Y Cumulative Return | 50.9% |
| 7Y Cumulative Return | 28.8% |
| 10Y Cumulative Return | 26.5% |
| Revenue (TTM) |
| 18.53 kCr |
| Rev. Growth (Yr) | 9.1% |
| Earnings (TTM) | 6.11 kCr |
| Earnings Growth (Yr) | 36.7% |
Profitability | |
|---|---|
| Operating Margin | 44% |
| EBT Margin | 44% |
| Return on Equity | 30.82% |
| Return on Assets | 24.45% |
| Free Cashflow Yield | 11.14% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -3.97 kCr |
| Cash Flow from Operations (TTM) | 5.81 kCr |
| Cash Flow from Financing (TTM) | -1.76 kCr |
| Cash & Equivalents | 95.36 Cr |
| Free Cash Flow (TTM) | 4.63 kCr |
| Free Cash Flow/Share (TTM) | 25.21 |
Balance Sheet | |
|---|---|
| Total Assets | 25 kCr |
| Total Liabilities | 5.17 kCr |
| Shareholder Equity | 19.84 kCr |
| Current Assets | 10.85 kCr |
| Current Liabilities | 3.68 kCr |
| Net PPE | 6.67 kCr |
| Inventory | 2.02 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 120.52 |
| Interest/Cashflow Ops | 92.29 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10.5 |
| Dividend Yield | 2.88% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 62.8% return compared to 11.8% by NIFTY 50.
Dividend: Dividend paying stock. Dividend yield of 2.88%.
Profitability: Very strong Profitability. One year profit margin are 33%.
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 62.8% return compared to 11.8% by NIFTY 50.
Dividend: Dividend paying stock. Dividend yield of 2.88%.
Profitability: Very strong Profitability. One year profit margin are 33%.
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Investor Care | |
|---|---|
| Dividend Yield | 2.88% |
| Dividend/Share (TTM) | 10.5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 33.29 |
Financial Health | |
|---|---|
| Current Ratio | 2.95 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 64.81 |
| RSI (5d) | 36.97 |
| RSI (21d) | 71.59 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Sell |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Updated May 5, 2025
Fluctuating aluminium prices have negatively impacted NATIONALUM's profit margins.
The rise in raw material costs has further strained the company's financial performance.
NATIONALUM's stock has seen a decline due to market volatility and investor concerns over its growth trajectory.
Summary of National Aluminium Co.'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the recent earnings conference call held on November 7, 2025, National Aluminium Company Limited (NALCO) management provided an optimistic outlook for the second half of FY '26, highlighting strong performance in both production and profitability. The management noted that they recorded the best ever Q2 and H1 performance in terms of both production and financial metrics.
Key highlights include:
Overall, management expresses strong confidence in continuing to improve operational efficiencies and increase production volumes, aiming for a robust financial performance into the future.
Understand National Aluminium Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| LIFE INSURANCE CORPORATION OF INDIA- P&GS Fund | 2.6% |
| ICICI PRUDENTIAL S&P BSE 500 ETF | 2.17% |
| SBI PSU FUND | 1.39% |
| SBI LIFE INSURANCE CO. LTD | 1.06% |
Distribution across major stakeholders
Detailed comparison of National Aluminium Co. against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| HINDZINC | Hindustan Zinc | 2.82 LCr | 37.42 kCr | +9.60% | +42.40% | 23.92 | 7.54 | - | - |
| VEDL | Vedanta | 2.65 LCr | 1.6 LCr |
Comprehensive comparison against sector averages
NATIONALUM metrics compared to Non
| Category | NATIONALUM | Non |
|---|---|---|
| PE | 10.95 | 16.93 |
| PS | 3.61 | 1.93 |
| Growth | 31.9 % | 11.2 % |
National Aluminium Co. is a prominent aluminum company based in India, officially known as National Aluminium Company Limited. It operates under the stock ticker NATIONALUM and has a significant market capitalization of Rs. 29,362.2 Crores.
The company specializes in the manufacture and sale of both alumina and aluminum products, serving markets in India and internationally. Its operations are divided into two main segments: Chemical and Aluminum. They offer a diverse range of products, including:
In terms of infrastructure, National Aluminium Co. owns an opencast mine located on the Panchpatmali hills of Koraput district in Odisha, covering an area of 16 square kilometers. The company is also involved in renewable energy, operating several wind power plants with a total generation capacity exceeding 200 MW across different states, along with a solar power plant in Bhubaneswar. Additionally, it runs an alumina refinery, aluminum smelter plants, and mechanical storage and ship handling facilities to facilitate the export of alumina and import of caustic soda.
Incorporated in 1981 and headquartered in Bhubaneswar, India, National Aluminium Co. has shown financial strength, reporting revenue of Rs. 15,414.3 Crores over the past 12 months. The company has a strong dividend policy, yielding 7.51% annually, with a recent distribution of Rs. 12 per share. With a profit of Rs. 4,197.4 Crores reported in the last four quarters and a revenue growth of 19.9% over the past three years, it is recognized as a profitable enterprise.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
NATIONALUM vs Non (2021 - 2026)
NATIONALUM has made strides in reducing operational costs to enhance its competitiveness.
General • 21 Jan 2026 Newsapaper advertisement regarding intimation of Electronic Payment of Dividend. |
General • 08 Jan 2026 Report on special window for re-lodgement of transfer requests of physical securities of NALCO. |
Change in Management • 07 Jan 2026 Appointment of Shri Anil Kumar Singh as Director (Commercial) on the Board of Nalco. |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 06 Jan 2026 Certificate under Regulation 74(5) of SEBI(DP) Regulations 2018. |
Change in Directorate • 05 Jan 2026 Appointment of Shri Anil Kumar Singh as Director(Commercial) on the Board of NALCO. |
General • 30 Dec 2025 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Question by Amit Lahoti: "Are we on track to achieve commissioning in early FY '27 as per the previously guided plan?"
Answer: "Yes, initially scheduled for September '25, it's been revised to June '26 due to slight delays. We are now on track to meet the June 2026 target for commissioning."
Question by Amit Lahoti: "What is our inventory management strategy? Could we see more sales volumes in Q3?"
Answer: "We sell about 50% of our alumina production to the smelter, with the rest going to domestic and export markets. Our Vizag silos can hold around 75 lakh tons, so we aim for four to five shipments monthly, anticipating around 10,000 to 12,000 tons in domestic sales."
Question by Aditya Welekar: "How much are we targeting for FY '27 in terms of alumina production?"
Answer: "Our target for FY '27 remains at five to six lakh tons of alumina from the new refinery, with a full ramp-up expected in FY '28."
Question by Vikas Singh: "How should we look at the second half's total alumina sales compared to annual guidance?"
Answer: "For H2, we anticipate alumina sales of around 6 to 6.5 lakh tons, given our annual plan of 12 to 12.5 lakh tons."
Question by Pallav Agarwal: "Why are alumina prices weak right now despite rising aluminum prices?"
Answer: "Weak alumina prices stem from increased supply, particularly from refineries in Indonesia and reduced smelting in some areas, which has led to more availability in the market."
Distribution across major institutional holders
| +15.60% |
| +50.10% |
| 22.03 |
| 1.65 |
| - |
| - |
| HINDALCO | Hindalco Industries | 2.12 LCr | 2.56 LCr | +9.30% | +54.00% | 11.81 | 0.83 | - | - |
| HINDCOPPER | Hindustan Copper | 51.45 kCr | 2.38 kCr | +30.50% | +119.80% | 90.64 | 21.65 | - | - |
| GMDCLTD | Gujarat Mineral Development Corpora | 17.15 kCr | 3.12 kCr | +2.10% | +72.70% | 17.09 | 5.5 | - | - |
| MAHSEAMLES | Maharashtra Seamless | 6.94 kCr | 5.41 kCr | -7.20% | -17.60% | 8.85 | 1.28 | - | - |
| MAITHANALL | Maithan Alloys | 2.97 kCr | 2.57 kCr | +6.10% | +2.70% | 6.67 | 1.16 | - | - |
| 32.6% |
| 1,895 |
| 1,429 |
| 2,760 |
| 2,122 |
| 1,437 |
| 817 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 32.6% | 1,895 | 1,429 | 2,760 | 2,122 | 1,437 | 817 |
| Current tax | 30.1% | 490 | 377 | 720 | 560 | 369 | 212 |
| Deferred tax | -128.9% | -28.23 | -11.77 | -38.58 | -20.5 | 4.94 | 3.86 |
| Total tax | 26.6% | 462 | 365 | 681 | 539 | 374 | 216 |
| Total profit (loss) for period | 36.4% | 1,430 | 1,049 | 2,067 | 1,566 | 1,046 | 588 |
| Other comp. income net of taxes | 389.5% | 14 | -3.49 | 3.82 | -5.92 | -13.83 | 1.98 |
| Total Comprehensive Income | 38.1% | 1,444 | 1,046 | 2,071 | 1,560 | 1,032 | 590 |
| Earnings Per Share, Basic | 44.2% | 7.79 | 5.71 | 11.26 | 8.53 | 5.7 | 3.2 |
| Earnings Per Share, Diluted | 44.2% | 7.79 | 5.71 | 11.26 | 8.53 | 5.7 | 3.2 |
| 262.5% |
| 59 |
| 17 |
| 13 |
| 23 |
| 7.08 |
| 5.74 |
| Depreciation and Amortization | -2.9% | 728 | 750 | 716 | 837 | 606 | 530 |
| Other expenses | -2.4% | 5,463 | 5,596 | 6,819 | 5,454 | 3,933 | 4,651 |
| Total Expenses | -9.4% | 10,010 | 11,043 | 12,536 | 10,523 | 7,786 | 8,518 |
| Profit Before exceptional items and Tax | 202.8% | 7,135 | 2,357 | 1,955 | 3,955 | 1,317 | 226 |
| Exceptional items before tax | -100.2% | 0 | 427 | 0 | 0 | 0 | 0 |
| Total profit before tax | 156.3% | 7,135 | 2,784 | 1,955 | 3,955 | 1,317 | 226 |
| Current tax | 121.7% | 1,861 | 840 | 294 | 1,052 | 178 | 151 |
| Deferred tax | 56.2% | -50.28 | -116.09 | 116 | -48.85 | -160.71 | -63.39 |
| Total tax | 150.2% | 1,810 | 724 | 410 | 1,003 | 17 | 88 |
| Total profit (loss) for period | 158.6% | 5,325 | 2,060 | 1,544 | 2,952 | 1,300 | 138 |
| Other comp. income net of taxes | -316.1% | -13.93 | 7.91 | 58 | 24 | 24 | -16.17 |
| Total Comprehensive Income | 156.9% | 5,311 | 2,068 | 1,602 | 2,976 | 1,323 | 122 |
| Earnings Per Share, Basic | 173.9% | 28.99 | 11.22 | 8.41 | 16.07 | 6.97 | 0.74 |
| Earnings Per Share, Diluted | 173.9% | 28.99 | 11.22 | 8.41 | 16.07 | 6.97 | 0.74 |
| -1.9% |
| 6,667 |
| 6,799 |
| 6,811 |
| 7,020 |
| 7,093 |
| 6,916 |
| Capital work-in-progress | 8.9% | 5,374 | 4,935 | 4,232 | 3,961 | 3,191 | 2,745 |
| Non-current investments | 0% | 500 | 500 | 352 | 352 | 352 | 325 |
| Loans, non-current | 5% | 85 | 81 | 79 | 79 | 82 | 82 |
| Total non-current financial assets | 1.3% | 608 | 600 | 453 | 449 | 450 | 429 |
| Total non-current assets | 3.1% | 14,416 | 13,983 | 13,286 | 13,287 | 12,962 | 12,442 |
| Total assets | 9.3% | 25,263 | 23,122 | 20,738 | 19,419 | 18,399 | 17,739 |
| Borrowings, non-current | - | 0 | 0 | 49 | 0 | 0 | 0 |
| Total non-current financial liabilities | -18.1% | 250 | 305 | 320 | 356 | 310 | 242 |
| Provisions, non-current | 2.4% | 258 | 252 | 176 | 171 | 100 | 101 |
| Total non-current liabilities | -5.7% | 1,489 | 1,579 | 1,636 | 1,669 | 1,592 | 1,615 |
| Borrowings, current | -100.8% | 0 | 124 | 42 | 39 | 40 | 48 |
| Total current financial liabilities | 4.6% | 2,709 | 2,590 | 2,352 | 2,277 | 2,299 | 1,937 |
| Provisions, current | 23.4% | 291 | 236 | 173 | 173 | 163 | 147 |
| Current tax liabilities | 420.5% | 204 | 40 | 70 | 54 | 32 | 32 |
| Total current liabilities | 5.2% | 3,679 | 3,498 | 3,246 | 3,178 | 3,198 | 2,886 |
| Total liabilities | 1.8% | 5,168 | 5,077 | 4,882 | 4,847 | 4,791 | 4,500 |
| Equity share capital | 0% | 918 | 918 | 918 | 918 | 918 | 918 |
| Total equity | 11.3% | 20,094 | 18,046 | 15,856 | 14,572 | 13,609 | 13,238 |
| Total equity and liabilities | 9.3% | 25,263 | 23,122 | 20,738 | 19,419 | 18,399 | 17,739 |
| 124.4% |
| 7,525 |
| 3,354 |
| 1,655 |
| 4,714 |
| - |
| - |
| Income taxes paid (refund) | 171% | 1,719 | 635 | 747 | 756 | - | - |
| Net Cashflows From Operating Activities | 113.6% | 5,806 | 2,719 | 908 | 3,958 | - | - |
| Proceeds from sales of PPE | 218.2% | 36 | 12 | 9.15 | 9.35 | - | - |
| Purchase of property, plant and equipment | -24.7% | 1,176 | 1,561 | 1,305 | 927 | - | - |
| Purchase of intangible assets | -73.7% | 26 | 96 | 229 | 356 | - | - |
| Dividends received | 22.2% | 23 | 19 | 17 | 14 | - | - |
| Interest received | 15.4% | 211 | 183 | 54 | 210 | - | - |
| Other inflows (outflows) of cash | -471.6% | -3,039.01 | -530.87 | 1,131 | -1,569.98 | - | - |
| Net Cashflows From Investing Activities | -98.4% | -3,970.54 | -2,000.47 | -334.25 | -2,619.23 | - | - |
| Proceeds from borrowings | - | 85 | 0 | 0 | 0 | - | - |
| Repayments of borrowings | - | 0 | 0 | 0 | 25 | - | - |
| Payments of lease liabilities | 2.2% | 3.78 | 3.72 | 3.65 | 4.23 | - | - |
| Dividends paid | 150.1% | 1,837 | 735 | 918 | 1,102 | - | - |
| Interest paid | 280.6% | 2.3 | 0.28 | 1.53 | 8.19 | - | - |
| Net Cashflows from Financing Activities | -137.8% | -1,757.66 | -738.65 | -923.5 | -1,139.84 | - | - |
| Net change in cash and cash eq. | 470.2% | 78 | -19.8 | -349.51 | 199 | - | - |
General • 15 Dec 2025 Newspaper publication regarding transfer of shares to IEPF. |
Analysis of National Aluminium Co.'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Aluminium | 67.6% | 3.5 kCr |
| Chemicals | 32.4% | 1.7 kCr |
| Total | 5.1 kCr |