1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Aluminum
National Aluminium Co. Ltd.

National Aluminium Co. Ltd.

301.75
INR
-9.15
(-2.94%)
36.77EPS
9.24P/E
623.72BMarket Cap
Nov 06Next Earn
National Aluminium Co. Ltd.
NSE:NATIONALUM
(National Stock Exchange of India)

Recent

price

301.75

P/E

ratio

9.24

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
23.13
25.22
26.42
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
Revenue per Share
4.15
3.3
2.3
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
Basic EPS, GAAP
3.09
0.5
-0.81
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
- -
Free Cash Flow per Basic Share
0.87
1.61
0.86
2
1.97
1.75
3.05
4.7
5.4
2.75
2.47
6
5
4
10
11
- -
Dividend per Share
43.32
45.46
46.3
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
- -
Book Value per Share
43.3
45.39
46.24
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
- -
Tangible Book Value per Share
2,577
2,577
2,577
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
Basic Weighted Avg Shares
59,590
65,003
68,095
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
Sales/Revenue/Turnover
21.33
12.64
8.86
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
Operating Margin (%)
4,217
4,666
5,054
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
- -
Depreciation Expense
10,693
8,495
5,928
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
Net Income, GAAP
29.83
29.08
34.5
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
Effective Tax Rate (%)
17.94
13.07
8.71
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
Profit Margin (%)
39,839
43,563
38,126
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
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
503
505
509
510
510
1,803
1,947
- -
LT Debt
111,646
117,151
119,325
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
- -
Total Equity
7.59
4.12
2.32
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 Invested Capital (%)
9.91
7.43
5.03
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 Capital (%)
9.92
7.43
5.01
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.