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National Aluminium Company Ltd

₹ 2660.47%
03 Dec 2:13 p.m. – close price
🔗nalcoindia.com•BSE: 532234•NSE: NATIONALUM
Market Cap₹ 48,900 Cr.
Current Price₹ 266
High / Low₹ 272
Stock P/E7.93
Book Value₹ 109
Dividend Yield3.94 %
ROCE43.7 %
ROE32.6 %
Face Value₹ 5.00
Sales₹ 18,029 Cr.
OPM47.1 %
Mar Cap₹ 48,900 Cr.

ABOUT

Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium[1]

KEY POINTS

Business OverviewThe company is a Navaratna Central Public Sector Enterprise under the Ministry of Mines. It is one of thelargest integrated Bauxite-Alumina-Aluminium-Power Complex in Indiaand one of thelargest integrated primary producers of aluminum in Asia.[1]

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Hindalco Inds.813.6510.32182845.490.614741.0014.2566058.0013.5014.80253570.0013.1317916.874872.941.346.510.56
2.Natl. Aluminium266.257.9348900.333.941433.1734.934292.347.2743.7418029.3347.146158.301433.172.4125.030.00
3.Arfin India59.05140.35996.300.182.45-5.04127.94-14.2013.97570.545.877.102.456.222.910.93
4.Maan Aluminium153.7053.70831.290.005.7712.48191.08-6.9912.13830.223.0615.495.774.456.830.44
5.MMP Industries254.6515.92646.880.777.0120.24187.6829.5914.32762.497.9640.607.012.007.970.54
6.PG Foils182.2530.62214.960.00-8.03-217.0673.55-26.659.40418.571.897.02-8.030.635.680.26
7.Jainik Power129.5016.98185.800.006.1738.03184.5814.4340.18374.964.3310.946.172.4117.320.24
–Median: 8 Co.167.9721.29739.090.245.9713.37186.130.1414.14666.516.9213.215.972.216.670.49

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
3,4903,2973,6713,1793,0433,3483,5792,8564,0014,6625,2683,8074,292
Expenses
3,1552,8322,9042,5842,6472,5742,4721,9222,4522,3352,5142,3152,366
Operating Profit
3344667675953977741,1089341,5492,3282,7541,4921,926
Other Income
696155486950511617299126124151
Profit before tax
2463655664712756681,3698171,4372,1222,7601,4291,895
Tax %
31%25%8%26%25%27%26%26%26%25%25%26%24%
Net Profit
1702745223492064881,0166011,0621,5832,0781,0641,433
EPS in Rs
0.931.492.841.901.122.665.533.275.788.6211.325.797.80

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6,7817,3836,8187,5439,50911,4998,4728,95614,21514,25713,14916,78818,029
Expenses
5,6445,7595,9116,4638,1128,6077,9837,1749,66411,80710,2769,2239,530
Operating Profit
1,1371,6249071,0801,3972,8934891,7824,5502,4502,8737,5658,499
Other Income
5081,0707113681,124326273147264234678357500
Interest
2031673322672313175968
Depreciation
525414426480480476530606837716750728726
Profit before tax
9182,1131,1899652,0392,7402261,3173,9551,9552,7847,1358,206
Net Profit
6421,3227876691,3421,7321381,3002,9521,5442,0605,3256,158
EPS in Rs
2.495.133.053.466.949.290.747.0816.078.4111.2228.9933.53
Dividend Payout %
60%34%65%81%82%62%202%49%40%54%45%36%–

Compounded Sales Growth

10 Years:9%
5 Years:15%
3 Years:6%
TTM:31%

Compounded Profit Growth

10 Years:16%
5 Years:108%
3 Years:22%
TTM:116%

Stock Price CAGR

10 Years:21%
5 Years:44%
3 Years:50%
1 Year:7%

Return on Equity

10 Years:14%
5 Years:20%
3 Years:20%
Last Year:33%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
1,2891,2891,289966966933933918918918918918918
Reserves
10,83411,50911,9069,2399,5389,5529,0559,76211,63612,32013,65317,12719,176
Borrowings
00051456712102771059618256
Other Liabilities
4,4263,3803,5154,2454,0644,5964,5493,9284,8574,3964,7514,8955,112
Total Liabilities
16,54916,17816,71014,50214,61415,14714,55014,71117,48917,73919,41923,12225,263
Fixed Assets
6,7926,6456,5967,1447,1397,2867,4857,6607,3437,3037,3837,7487,592
Gross Block
14,85815,2857,0218,0498,5029,1159,81610,55111,04911,69212,49613,541–
Accumulated Depreciation
8,0668,6394259041,3631,8302,3312,8903,7054,3895,1145,793–
CWIP
7695506885669158831,4271,5752,2353,2694,5734,9365,374
Investments
1,2459511,0101,2617112573325623774715251,015819
Other Assets
7,7438,0318,4165,5315,8496,7225,3064,9137,5346,6966,9389,42411,477
Total Assets
16,54916,17816,71014,50214,61415,14714,55014,71117,48917,73919,41923,12225,263

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
9815208811,4361,5902,409-3492,1994,0509082,7275,806
Cash from Investing Activity
785663141,550-490-532873-1,404-2,736-334-2,000-3,971
Cash from Financing Activity
-515-506-544-3,616-1,100-1,731-677-601-1,114-924-747-1,758
Net Cash Flow
544580651-6301146-153195199-350-2078

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
136139108662244
Inventory Days
382411352389288231463411324213253353
Days Payable
17315521328423224521126228714699137
Cash Conversion Cycle
22226215111466-72581563969157221
Working Capital Days
-60810-24-11-28-911-1544-7
ROCE %
9%16%9%9%12%26%2%13%34%15%17%44%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
51.28%51.28%51.28%51.28%51.28%51.28%51.28%51.28%51.28%51.28%51.28%51.28%
FIIs
15.05%15.95%14.95%13.68%11.56%8.99%10.43%12.08%14.13%15.81%15.06%16.22%
DIIs
12.49%13.30%15.38%17.47%18.80%18.82%19.12%19.29%17.99%15.70%15.76%15.45%
Public
21.17%19.48%18.40%17.57%18.38%20.93%19.16%17.34%16.60%17.21%17.90%17.05%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

NALCO Fined ₹10.86 Lakhs by BSE, NSE for SEBI LODR Non-Compliance in Q2 FY26

28th November 2025, 7:48 PM

NALCO Declares Record ₹1,928.46 Cr Dividend for FY2024-25, Including Highest Ever Government Share of ₹988.88 Cr, Following Stellar Q2/H1 FY26 Performance

12th November 2025, 7:54 PM

Nalco Declares Interim Dividend, Sets November 14th as Record Date

11th November 2025, 7:36 PM

NALCO Clarifies Share Volume Movement, Cites Market Driven Activity and Recent Dividend Disclosure

11th November 2025, 5:00 PM

NALCO Publishes Unaudited Financial Results for Q2 FY26 in Leading Newspapers

10th November 2025, 6:17 PM

Published by Other Websites

External media mentions & references

Stocks making the biggest moves midday: IndiGo, JSW Steel, Hindustan Copper, Adani Enterprises and more

4th December 2025, 8:40 AM

Trade Spotlight: How should you trade Wipro, JK Tyre, Asian Paints, Devyani International, National Aluminium Company, and others on December 4?

4th December 2025, 1:45 AM

3 hated metal stocks with hidden turnaround signals (one just restarted its plant)

3rd December 2025, 12:38 AM

Metal stocks rise for second day; Hind Copper, NALCO rise up to 3%: Here are four reasons behind rally

1st December 2025, 5:46 AM

Emkay favours non-ferrous over steel; sees earnings upgrade in VEDL, Nalco

27th November 2025, 7:28 AM

News Articles

Editorial & research coverage

Trade Spotlight: How should you trade Wipro, JK Tyre, Asian Paints, Devyani International, National Aluminium Company, and others on December 4?
Trade Spotlight: How should you trade Wipro, JK Tyre, Asian Paints, Devyani International, National Aluminium Company, and others on December 4?

4th December 2025, 1:45 AM

3 hated metal stocks with hidden turnaround signals (one just restarted its plant)
3 hated metal stocks with hidden turnaround signals (one just restarted its plant)

3rd December 2025, 12:38 AM

Metal stocks rise for second day; Hind Copper, NALCO rise up to 3%: Here are four reasons behind rally
Metal stocks rise for second day; Hind Copper, NALCO rise up to 3%: Here are four reasons behind rally

1st December 2025, 5:46 AM

Emkay favours non-ferrous over steel; sees earnings upgrade in VEDL, Nalco
Emkay favours non-ferrous over steel; sees earnings upgrade in VEDL, Nalco

27th November 2025, 7:28 AM

BSE, CDSL, BHEL, BPCL, IndiGo, RBL Bank, Canara Bank, NALCO: Top stocks to buy tomorrow
BSE, CDSL, BHEL, BPCL, IndiGo, RBL Bank, Canara Bank, NALCO: Top stocks to buy tomorrow

26th November 2025, 12:57 PM

Documents

Announcements

Imposition Of Fines By BSE And NSE

28 Nov - Nalco fined Rs.5,42,800 each by BSE and NSE on 28 Nov 2025; total Rs.10,85,600.

Announcement under Regulation 30 (LODR)-Press Release / Media Release

12 Nov - NALCO paid ₹988.88cr to GOI; total ₹1,928.46cr dividend; interim ₹4/share (₹734.65cr).

Newspaper Publication Regarding Intimation Of Record Date

11 Nov - Newspaper publication for record date for 1st Interim Dividend for FY 2025-26.

Clarification With Reference To Movement In Volume.

11 Nov - Clarification on volume; Q2 results filed Nov 7, 2025; 1st interim dividend Rs4/share declared.

Clarification sought from National Aluminium Company Ltd

11 Nov - Exchange has sought clarification from National Aluminium Company Ltd on November 11, 2025, with reference to Movement in Volume.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2013

(from nse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

22 Sep 2023 from fitch

Rating update

18 Feb 2021 from fitch

Rating update

5 Mar 2020 from fitch

Rating update

13 Mar 2019 from fitch

Rating update

27 Dec 2017 from fitch

Rating update

13 Sep 2016 from fitch

Concalls

Nov 2025

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Aug 2025

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May 2025

TranscriptPPTRecording

Feb 2025

TranscriptPPT

Dec 2024

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Jun 2023

PPT

Jan 2022

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Jan 2022

Transcript

Jun 2018

PPT

Aug 2017

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