National Aluminium Co. Ltd.

National Aluminium Co. Ltd.

310.90
INR
-1.30
(-0.42%)
36.77EPS
9.24P/E
623.72BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
25.8
28.18
26.01
33.05
48.61
59.56
45.16
47.57
76.55
77.16
71.16
90.72
96.53
104.71
Basic EPS, GAAP
2.49
5.13
3.05
2.97
6.94
9.07
0.73
6.97
16.07
7.81
10.83
28.68
31.56
36.77
Free Cash Flow per Basic Share
1.41
0.84
1.1
2.93
3.26
8.01
-6.47
5.26
15.06
-3.41
5.83
25.07
23.95
- -
Dividend per Share
2
1.97
1.75
3.05
4.7
5.4
2.75
2.47
6
5
4
10
11
- -
Book Value per Share
47.04
50.15
51.2
52.8
54.34
56.2
53.53
58.14
68.34
71.47
78.34
96.95
117.63
- -
Tangible Book Value per Share
46.98
50.02
50.98
52.56
54
55.79
53.14
57.78
67.99
71.14
78.03
96.65
117.33
- -
Basic Weighted Avg Shares
2,577
2,577
2,577
2,247
1,933
1,912
1,866
1,864
1,837
1,837
1,837
1,837
1,837
1,836
Sales/Revenue/Turnover
66,488
72,619
67,043
74,260
93,963
113,863
84,258
88,693
140,590
141,709
130,701
166,622
177,292
192,247
Operating Margin (%)
9.75
20.59
8.2
8.57
10.17
21.5
-0.06
13.53
28.18
13.05
16.33
41.29
40.68
43.82
Depreciation Expense
5,247
4,137
4,261
4,804
4,804
4,761
5,298
6,058
8,366
7,158
7,497
7,276
7,454
- -
Net Income, GAAP
6,424
13,219
7,872
6,677
13,422
17,337
1,362
12,994
29,514
14,347
19,885
52,679
57,970
67,507
Effective Tax Rate (%)
30.01
37.45
33.78
30.73
34.16
36.75
39.25
1.29
25.36
22.25
26.68
25.58
25.19
25.19
Profit Margin (%)
9.66
18.2
11.74
8.99
14.28
15.23
1.62
14.65
20.99
10.12
15.21
31.62
32.7
35.11
Working Capital
41,835
61,557
53,617
30,039
30,686
26,956
18,378
22,565
31,699
24,149
28,919
56,411
83,961
- -
LT Debt
- -
- -
- -
- -
- -
- -
503
505
509
510
510
1,803
1,947
- -
Total Equity
121,225
129,237
131,949
102,052
105,040
104,849
99,865
106,790
125,524
131,264
143,881
178,054
216,037
- -
Return on Invested Capital (%)
2.19
7.29
2.99
3.33
11.04
14.47
-0.12
11.22
23.04
10.12
13.31
30.89
26.57
- -
Return on Capital (%)
5.34
10.56
6.04
5.71
12.91
16.45
1.35
12.51
25.29
11.12
14.39
32.51
29.13
- -
Return on Common Equity (%)
5.34
10.56
6.03
5.71
12.96
16.52
1.33
12.58
25.41
11.17
14.45
32.73
29.42
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
74
- -
LT Borrowings
- -
1,423
- -
LT Finance Leases
- -
524
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,837
1,837
1,837
Market Capitalization
577,253
709,124
623,720

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
116,203
- -
Cash, Cash Equivalents & STI
- -
84,822
- -
Accounts Receivable, Net
- -
2,147
- -
Inventories
- -
18,349
- -
Total Current Liabilities
- -
32,242
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
74
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.91%
15.36%
21.33%
Free Cash Flow
2.56%
22.72%
-4.46%
Net Income, GAAP
116.6%
57.86%
10.04%
Sales/Revenue/Turnover
12.32%
17.08%
6.4%
Total Cash Common Dividend
30.02%
52.51%
10%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
28,561
40,015
46,622
51,424
166,622
2026
38,069
42,923
47,310
48,990
177,292
2027
53,024
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.2
5.7
8.53
11.26
28.68
2026
5.71
7.79
8.69
9.38
31.56
2027
10.91
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
10
2026
- -
- -
- -
- -
11
2027
- -
- -
- -
- -
- -

Company Description

CEO
Brijendra Pratap Singh
Full Time Employees
21,586
Sector
Non-energy minerals
Industry
Aluminum
Address
NALCO Bhawan Bhubaneswar OR India 751013
IPO Date
Nov 3, 1994
Business
National Aluminium Company Limited (NALCO), a Navratna public sector enterprise under India's Ministry of Mines, engages in integrated operations spanning bauxite mining, alumina refining, aluminium smelting, power generation, and related activities; its core products include aluminium metal such as ingots, alloy ingots, T-ingots, sows, billets, wire rods, and cast strips; alumina and hydrate comprising calcined alumina and alumina hydrate; rolled products like aluminium rolled products and chequered sheets; and power from thermal, co-generation, wind, and solar sources. Founded in 1981 and headquartered in Bhubaneswar, Odisha, the company operates primary facilities including the Panchpatmali bauxite mines and Damanjodi alumina refinery in Koraput district, along with the Angul smelter, captive power plant, and coal mines; it maintains regional sales offices in Delhi, Kolkata, Mumbai, and Chennai, stockyards across India, and port facilities at Visakhapatnam and Paradip, serving domestic and export markets that account for significant revenue. NALCO, recognized as the world's lowest-cost producer of metallurgical-grade alumina and bauxite, pursues expansions including a Rs 30,000 crore investment over four to five years for doubling smelting capacity to one million tonnes per annum by FY30, adding a one million tonne per annum alumina refinery stream by FY27, new wire rod mill and rolled product capacity enhancements, entry into aluminium foil production, and brownfield smelter developments following unsuccessful Rio Tinto talks; it advances critical minerals via Khanij Bidesh India Ltd (KABIL) joint ventures for lithium exploration in Argentina and potential Australian refining partnerships.