Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium[1]
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]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market 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 value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Hindalco Inds. | 813.65 | 10.32 | 182845.49 | 0.61 | 4741.00 | 14.25 | 66058.00 | 13.50 | 14.80 | 253570.00 | 13.13 | 17916.87 | 4872.94 | 1.34 | 6.51 | 0.56 |
| 2. | Natl. Aluminium | 266.25 | 7.93 | 48900.33 | 3.94 | 1433.17 | 34.93 | 4292.34 | 7.27 | 43.74 | 18029.33 | 47.14 | 6158.30 | 1433.17 | 2.41 | 25.03 | 0.00 |
| 3. | Arfin India | 59.05 | 140.35 | 996.30 | 0.18 | 2.45 | -5.04 | 127.94 | -14.20 | 13.97 | 570.54 | 5.87 | 7.10 | 2.45 | 6.22 | 2.91 | 0.93 |
| 4. | Maan Aluminium | 153.70 | 53.70 | 831.29 | 0.00 | 5.77 | 12.48 | 191.08 | -6.99 | 12.13 | 830.22 | 3.06 | 15.49 | 5.77 | 4.45 | 6.83 | 0.44 |
| 5. | MMP Industries | 254.65 | 15.92 | 646.88 | 0.77 | 7.01 | 20.24 | 187.68 | 29.59 | 14.32 | 762.49 | 7.96 | 40.60 | 7.01 | 2.00 | 7.97 | 0.54 |
| 6. | PG Foils | 182.25 | 30.62 | 214.96 | 0.00 | -8.03 | -217.06 | 73.55 | -26.65 | 9.40 | 418.57 | 1.89 | 7.02 | -8.03 | 0.63 | 5.68 | 0.26 |
| 7. | Jainik Power | 129.50 | 16.98 | 185.80 | 0.00 | 6.17 | 38.03 | 184.58 | 14.43 | 40.18 | 374.96 | 4.33 | 10.94 | 6.17 | 2.41 | 17.32 | 0.24 |
| – | Median: 8 Co. | 167.97 | 21.29 | 739.09 | 0.24 | 5.97 | 13.37 | 186.13 | 0.14 | 14.14 | 666.51 | 6.92 | 13.21 | 5.97 | 2.21 | 6.67 | 0.49 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 3,490 | 3,297 | 3,671 | 3,179 | 3,043 | 3,348 | 3,579 | 2,856 | 4,001 | 4,662 | 5,268 | 3,807 | 4,292 |
Expenses | 3,155 | 2,832 | 2,904 | 2,584 | 2,647 | 2,574 | 2,472 | 1,922 | 2,452 | 2,335 | 2,514 | 2,315 | 2,366 |
Operating Profit | 334 | 466 | 767 | 595 | 397 | 774 | 1,108 | 934 | 1,549 | 2,328 | 2,754 | 1,492 | 1,926 |
Other Income | 69 | 61 | 55 | 48 | 69 | 50 | 511 | 61 | 72 | 99 | 126 | 124 | 151 |
Profit before tax | 246 | 365 | 566 | 471 | 275 | 668 | 1,369 | 817 | 1,437 | 2,122 | 2,760 | 1,429 | 1,895 |
Tax % | 31% | 25% | 8% | 26% | 25% | 27% | 26% | 26% | 26% | 25% | 25% | 26% | 24% |
Net Profit | 170 | 274 | 522 | 349 | 206 | 488 | 1,016 | 601 | 1,062 | 1,583 | 2,078 | 1,064 | 1,433 |
EPS in Rs | 0.93 | 1.49 | 2.84 | 1.90 | 1.12 | 2.66 | 5.53 | 3.27 | 5.78 | 8.62 | 11.32 | 5.79 | 7.80 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 6,781 | 7,383 | 6,818 | 7,543 | 9,509 | 11,499 | 8,472 | 8,956 | 14,215 | 14,257 | 13,149 | 16,788 | 18,029 |
Expenses | 5,644 | 5,759 | 5,911 | 6,463 | 8,112 | 8,607 | 7,983 | 7,174 | 9,664 | 11,807 | 10,276 | 9,223 | 9,530 |
Operating Profit | 1,137 | 1,624 | 907 | 1,080 | 1,397 | 2,893 | 489 | 1,782 | 4,550 | 2,450 | 2,873 | 7,565 | 8,499 |
Other Income | 508 | 1,070 | 711 | 368 | 1,124 | 326 | 273 | 147 | 264 | 234 | 678 | 357 | 500 |
Interest | 203 | 167 | 3 | 3 | 2 | 2 | 6 | 7 | 23 | 13 | 17 | 59 | 68 |
Depreciation | 525 | 414 | 426 | 480 | 480 | 476 | 530 | 606 | 837 | 716 | 750 | 728 | 726 |
Profit before tax | 918 | 2,113 | 1,189 | 965 | 2,039 | 2,740 | 226 | 1,317 | 3,955 | 1,955 | 2,784 | 7,135 | 8,206 |
Net Profit | 642 | 1,322 | 787 | 669 | 1,342 | 1,732 | 138 | 1,300 | 2,952 | 1,544 | 2,060 | 5,325 | 6,158 |
EPS in Rs | 2.49 | 5.13 | 3.05 | 3.46 | 6.94 | 9.29 | 0.74 | 7.08 | 16.07 | 8.41 | 11.22 | 28.99 | 33.53 |
Dividend Payout % | 60% | 34% | 65% | 81% | 82% | 62% | 202% | 49% | 40% | 54% | 45% | 36% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1,289 | 1,289 | 1,289 | 966 | 966 | 933 | 933 | 918 | 918 | 918 | 918 | 918 | 918 |
Reserves | 10,834 | 11,509 | 11,906 | 9,239 | 9,538 | 9,552 | 9,055 | 9,762 | 11,636 | 12,320 | 13,653 | 17,127 | 19,176 |
Borrowings | 0 | 0 | 0 | 51 | 45 | 67 | 12 | 102 | 77 | 105 | 96 | 182 | 56 |
Other Liabilities | 4,426 | 3,380 | 3,515 | 4,245 | 4,064 | 4,596 | 4,549 | 3,928 | 4,857 | 4,396 | 4,751 | 4,895 | 5,112 |
Total Liabilities | 16,549 | 16,178 | 16,710 | 14,502 | 14,614 | 15,147 | 14,550 | 14,711 | 17,489 | 17,739 | 19,419 | 23,122 | 25,263 |
Fixed Assets | 6,792 | 6,645 | 6,596 | 7,144 | 7,139 | 7,286 | 7,485 | 7,660 | 7,343 | 7,303 | 7,383 | 7,748 | 7,592 |
Gross Block | 14,858 | 15,285 | 7,021 | 8,049 | 8,502 | 9,115 | 9,816 | 10,551 | 11,049 | 11,692 | 12,496 | 13,541 | – |
Accumulated Depreciation | 8,066 | 8,639 | 425 | 904 | 1,363 | 1,830 | 2,331 | 2,890 | 3,705 | 4,389 | 5,114 | 5,793 | – |
CWIP | 769 | 550 | 688 | 566 | 915 | 883 | 1,427 | 1,575 | 2,235 | 3,269 | 4,573 | 4,936 | 5,374 |
Investments | 1,245 | 951 | 1,010 | 1,261 | 711 | 257 | 332 | 562 | 377 | 471 | 525 | 1,015 | 819 |
Other Assets | 7,743 | 8,031 | 8,416 | 5,531 | 5,849 | 6,722 | 5,306 | 4,913 | 7,534 | 6,696 | 6,938 | 9,424 | 11,477 |
Total Assets | 16,549 | 16,178 | 16,710 | 14,502 | 14,614 | 15,147 | 14,550 | 14,711 | 17,489 | 17,739 | 19,419 | 23,122 | 25,263 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 981 | 520 | 881 | 1,436 | 1,590 | 2,409 | -349 | 2,199 | 4,050 | 908 | 2,727 | 5,806 |
Cash from Investing Activity | 78 | 566 | 314 | 1,550 | -490 | -532 | 873 | -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 | 544 | 580 | 651 | -630 | 1 | 146 | -153 | 195 | 199 | -350 | -20 | 78 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13 | 6 | 13 | 9 | 10 | 8 | 6 | 6 | 2 | 2 | 4 | 4 |
Inventory Days | 382 | 411 | 352 | 389 | 288 | 231 | 463 | 411 | 324 | 213 | 253 | 353 |
Days Payable | 173 | 155 | 213 | 284 | 232 | 245 | 211 | 262 | 287 | 146 | 99 | 137 |
Cash Conversion Cycle | 222 | 262 | 151 | 114 | 66 | -7 | 258 | 156 | 39 | 69 | 157 | 221 |
Working Capital Days | -60 | 8 | 10 | -24 | -11 | -28 | -9 | 11 | -15 | 4 | 4 | -7 |
ROCE % | 9% | 16% | 9% | 9% | 12% | 26% | 2% | 13% | 34% | 15% | 17% | 44% |
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