National Aluminium Company Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 29.4%)
- Efficient capital deployment (ROCE 39.6%)
- Attractively valued vs sector (P/E 10.2x vs industry 31.5x)
- Virtually debt-free
- Regular dividends — yield 3.1%
Concerns
Today's Price Action
The stock is trading at ₹374.1, unchanged from the prior session. Trading volume today matches the 20‑day average of 55,15,765 shares, indicating that current participation is in line with recent activity levels.
Valuation Snapshot
National Aluminium Company Limited carries a trailing P/E of 10.8, while the Metals & Mining sector reports a P/E of zero, reflecting the sector’s atypical earnings profile at present. The company’s return on equity stands at 29.4%, suggesting a high earnings yield relative to the capital employed.
Key Levels to Watch
The current price sits close to the upper band of the 52‑week range (₹186–₹445), trailing the recent high of ₹445 by roughly ₹71. Open‑interest‑derived support around ₹355 and resistance near ₹395 have historically acted as inflection points for the stock.
Chart Pattern
In the daily timeframe, a bullish harami formed eight trading days ago, followed by a bearish engulfing candlestick nine days ago. These patterns signal short‑term indecision and a potential shift in the immediate price structure.
Data Summary
The share’s market capitalisation is listed as ₹0 Cr, reflecting a data entry anomaly, while the price‑to‑book multiple sits at 0, an unusually low figure for the sector. The combination of a sub‑10 P/E, robust ROE, and volume aligned with the 20‑day average highlights a stock that is currently trading within its historical price corridor without evident abnormal activity.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,938 | ₹4.0L Cr | 168 | 4.69 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,325 | ₹3.2L Cr | 26.9 | 3.24 | 10.2 | 11 | 1.22 |
| HINDZINC Hindustan Zinc Limited | ₹601 | ₹2.5L Cr | 14.9 | 11.21 | 76.6 | 69.5 | 0.39 |
| TATASTEEL Tata Steel Limited | ₹189 | ₹2.4L Cr | 19.9 | 2.31 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹1,011 | ₹2.3L Cr | 10.9 | 1.66 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹448 −0.33% | ₹1.7L Cr | 10.8 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,165 | ₹1.2L Cr | 38.5 | 2.33 | 8.22 | 9.7 | 0.39 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
NATIONALUM · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 51.28% | 51.28% | 51.28% | 51.28% | 51.28% | 51.28% |
| FII | 11.56% | 8.99% | 10.43% | 12.08% | 14.13% | 15.81% |
| DII | 18.80% | 18.82% | 19.12% | 19.29% | 17.99% | 15.70% |
| Public | 18.38% | 20.93% | 19.16% | 17.34% | 16.60% | 17.21% |
Corporate Events
Dividend - Re 1 Per Share
Notice of Board Meeting to consider Unaudited Financial Results for the quarter ended on 30.06.2026.
Final Dividend for FY 2025-26.
Interim Dividend - Rs 2 Per Share
To consider Audited (Standalone & Consolidated) Financial Results for the quarter and year ended 31.03.2026.
To consider 3rd Interim dividend for FY 2025-26
Interim Dividend - Rs 4.50 Per Share
Interim Dividend - Rs 4 Per Share
Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 4 Per Share
Latest News
All newsIndo-National Limited announces change in management
*Indo-National Limited announces change in management.* The company has informed the stock exchange about a shift in its management structure. Such changes may influence strategic direction and investor sentiment. Further details on the new roles and individuals involved are awaited. 📊 *STOCKS:* INDONATIONAL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
Indo-National reports financial results for Jun 2026 quarter
*Indo-National reports financial results for Jun 2026 quarter.* The company announced its unaudited financial results for the first quarter ended June 30, 2026. No specific revenue or profit figures were highlighted in the filing. Investors await detailed commentary on performance and guidance. 📊 *STOCKS:* $INDONATION | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Indo-National Limited announces acquisition
*Indo-National Limited announces acquisition.* The company has informed the stock exchange about a recent acquisition. Details including the target, value **₹X Cr**, and strategic rationale are awaited. This move could expand its business footprint or verticals. 📊 *STOCKS:* $INDONATIONL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition
Indo-National to hold AGM on September 28, 2026
*Indo-National to hold AGM on September 28, 2026*. The company has informed the exchange about the notice for its Annual General Meeting. No financial outcomes or strategic updates were disclosed. This is a routine compliance event. 📊 *STOCKS:* INDONNAT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
NALCO Chairman to address 45th AGM today
*NALCO Chairman to address 45th AGM today.* The company is set to hold its annual general meeting on August 31, 2026, at 11:00 a.m., where the Chairman will deliver his speech. The event marks a routine corporate update with no major announcements. Shareholders and investors are expected to attend virtually or in person. 📊 *STOCKS:* NALCO | 🏢 *SECTOR:* Metals | #LOWIMPACT #AGM
National Aluminium Company fined by NSE
*National Aluminium Company fined by NSE* for non-compliance. The penalty is part of a routine regulatory action disclosed in a corporate filing. No financial details of the fine were specified. Impact on operations or earnings is likely minimal. 📊 *STOCKS:* NATIONALUM | 🏢 *SECTOR:* Metals | #LOWIMPACT #NSE
NALCO announces addendum to 45th AGM notice
*NALCO announces addendum to 45th AGM notice.* The update pertains to a supplementary notice for the upcoming annual general meeting. No financial or operational details disclosed. Likely procedural in nature. 📊 *STOCKS:* $NATIONALUM | 🏢 *SECTOR:* Metals | #LOWIMPACT #AGM
NaBFID urges doubling infra investment for growth
*NaBFID urges doubling infra investment for growth.* India needs to double its infrastructure spending to sustain long-term economic expansion, according to the National Bank for Financing Infrastructure and Development. Current investment levels are **below required thresholds**, impacting growth momentum. Enhanced funding could boost sectors like construction, energy, and transportation. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #MEDIUMIMPACT #infrastructure
Nalco hosts analyst meet; no major announcements.
*Nalco hosts analyst meet; no major announcements.* National Aluminium Company Limited conducted an analyst and institutional investor meet with no significant financial or operational updates. The session focused on ongoing operations and market outlook without any revision to guidance or strategy. Traders may view this as routine engagement with stakeholders. 📊 *STOCKS:* $NATIONALUM | 🏢 *SECTOR:* Metals | #LOWIMPACT #AnalystMeet
Tata Steel dips on Q1 update; NLC gains on NALCO JV
*Tata Steel dips on Q1 update; NLC gains on NALCO JV* — Tata Steel slipped after its Q1 business update showed flat sequential EBITDA. NLC India rose on plans to form a joint venture with NALCO for coal mining and power. The JV aims to secure fuel supply and boost capacity. **$500 million** investment expected over three years. 📊 *STOCKS:* TATASTEEL, NLCINDIA, NATIONALUMIN | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Earnings
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.7K Cr 10.2% | ₹4.3K Cr 12.7% | ₹3.8K Cr 27.7% | ₹5.3K Cr 13.0% | ₹4.7K Cr 16.5% | ₹4.0K Cr 40.1% | ₹2.9K Cr 20.2% | ₹3.6K Cr |
| Op. Profit | ₹2.2K Cr 13.0% | ₹1.9K Cr 30.1% | ₹1.5K Cr 46.1% | ₹2.7K Cr 18.7% | ₹2.3K Cr 50.8% | ₹1.5K Cr 66.4% | ₹921 Cr 15.3% | ₹1.1K Cr |
| OPM | 46.0% 2.2% | 45.0% 15.4% | 39.0% 25.0% | 52.0% 4.0% | 50.0% 31.6% | 38.0% 18.8% | 32.0% 6.7% | 30.0% |
| Net Profit | ₹1.6K Cr 11.5% | ₹1.4K Cr 36.3% | ₹1.0K Cr 49.3% | ₹2.1K Cr 32.0% | ₹1.6K Cr 49.7% | ₹1.0K Cr 77.9% | ₹588 Cr 41.0% | ₹997 Cr |
| EPS (₹) | 8.69 11.6% | 7.79 36.4% | 5.71 49.3% | 11.26 32.0% | 8.53 49.6% | 5.7 78.1% | 3.2 41.1% | 5.43 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹17.8K Cr 6.3% | ₹16.8K Cr 27.7% | ₹13.1K Cr 7.8% | ₹14.3K Cr 0.5% | ₹14.2K Cr 58.3% | ₹9.0K Cr 5.7% | ₹8.5K Cr 26.3% | ₹11.5K Cr 20.9% | ₹9.5K Cr 26.1% | ₹7.5K Cr |
| Expenses | ₹9.9K Cr 6.8% | ₹9.3K Cr 10.3% | ₹10.3K Cr 13.2% | ₹11.9K Cr 23.3% | ₹9.7K Cr 34.7% | ₹7.2K Cr 10.2% | ₹8.0K Cr 7.2% | ₹8.6K Cr 6.1% | ₹8.1K Cr 25.5% | ₹6.5K Cr |
| Op. Profit | ₹7.9K Cr 5.6% | ₹7.5K Cr 168.0% | ₹2.8K Cr 19.7% | ₹2.3K Cr 48.2% | ₹4.5K Cr 153.4% | ₹1.8K Cr 265.9% | ₹487 Cr 83.2% | ₹2.9K Cr 107.1% | ₹1.4K Cr 29.5% | ₹1.1K Cr |
| OPM | 44.0% 2.2% | 45.0% 114.3% | 21.0% 31.3% | 16.0% 50.0% | 32.0% 60.0% | 20.0% 233.3% | 6.0% 76.0% | 25.0% 66.7% | 15.0% 7.1% | 14.0% |
| Other Income | ₹666 Cr 86.6% | ₹357 Cr 47.3% | ₹678 Cr 189.7% | ₹234 Cr 21.5% | ₹298 Cr 102.7% | ₹147 Cr 46.2% | ₹273 Cr 16.5% | ₹327 Cr 70.9% | ₹1.1K Cr 205.4% | ₹368 Cr |
| Interest | ₹100 Cr 69.5% | ₹59 Cr 247.1% | ₹17 Cr 30.8% | ₹13 Cr 43.5% | ₹23 Cr 228.6% | ₹7 Cr 16.7% | ₹6 Cr 200.0% | ₹2 Cr 0.0% | ₹2 Cr 33.3% | ₹3 Cr |
| Depreciation | ₹745 Cr 2.3% | ₹728 Cr 2.9% | ₹750 Cr 4.7% | ₹716 Cr 14.5% | ₹837 Cr 38.1% | ₹606 Cr 14.3% | ₹530 Cr 11.3% | ₹476 Cr 0.8% | ₹480 Cr 0.0% | ₹480 Cr |
| PBT | ₹7.7K Cr 9.5% | ₹7.1K Cr 161.0% | ₹2.7K Cr 47.0% | ₹1.8K Cr 53.3% | ₹4.0K Cr 200.5% | ₹1.3K Cr 487.5% | ₹224 Cr 91.8% | ₹2.7K Cr 34.4% | ₹2.0K Cr 111.5% | ₹964 Cr |
| Tax % | 25.0% 3.8% | 26.0% 3.7% | 27.0% 22.7% | 22.0% 12.0% | 25.0% 2400.0% | 1.0% 97.4% | 39.0% 5.4% | 37.0% 8.8% | 34.0% 9.7% | 31.0% |
| Net Profit | ₹5.8K Cr 10.0% | ₹5.3K Cr 165.0% | ₹2.0K Cr 38.5% | ₹1.4K Cr 51.4% | ₹3.0K Cr 127.2% | ₹1.3K Cr 855.1% | ₹136 Cr 92.2% | ₹1.7K Cr 29.2% | ₹1.3K Cr 100.9% | ₹668 Cr |
| EPS (₹) | 31.56 10.0% | 28.68 164.8% | 10.83 38.7% | 7.81 51.4% | 16.07 127.3% | 7.07 868.5% | 0.73 92.1% | 9.29 33.9% | 6.94 101.2% | 3.45 |
| Div Payout | 36.0% 2.7% | 37.0% 19.6% | 46.0% 20.7% | 58.0% 45.0% | 40.0% 18.4% | 49.0% 76.1% | 205.0% 230.6% | 62.0% 24.4% | 82.0% 1.2% | 81.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹918 Cr 0.0% | ₹918 Cr 0.0% | ₹918 Cr 0.0% | ₹918 Cr 0.0% | ₹918 Cr 0.0% | ₹918 Cr 1.6% | ₹933 Cr 0.0% | ₹933 Cr 3.4% | ₹966 Cr 0.0% | ₹966 Cr |
| Reserves | ₹18.9K Cr 12.0% | ₹16.9K Cr 25.4% | ₹13.5K Cr 10.3% | ₹12.2K Cr 4.9% | ₹11.6K Cr 19.2% | ₹9.8K Cr 7.8% | ₹9.1K Cr 5.2% | ₹9.6K Cr 0.2% | ₹9.5K Cr 3.2% | ₹9.2K Cr |
| Borrowings | ₹56 Cr 69.2% | ₹182 Cr 89.6% | ₹96 Cr 8.6% | ₹105 Cr 36.4% | ₹77 Cr 24.5% | ₹102 Cr 750.0% | ₹12 Cr 82.1% | ₹67 Cr 48.9% | ₹45 Cr 11.8% | ₹51 Cr |
| Other Liabilities | ₹5.1K Cr 4.4% | ₹4.9K Cr 3.0% | ₹4.8K Cr 8.1% | ₹4.4K Cr 5.4% | ₹4.6K Cr 18.3% | ₹3.9K Cr 13.7% | ₹4.5K Cr 1.0% | ₹4.6K Cr 13.1% | ₹4.1K Cr 4.3% | ₹4.2K Cr |
| Total Liabilities | ₹25.0K Cr 9.3% | ₹22.9K Cr 19.0% | ₹19.2K Cr 9.1% | ₹17.6K Cr 2.0% | ₹17.3K Cr 17.5% | ₹14.7K Cr 1.1% | ₹14.5K Cr 4.0% | ₹15.1K Cr 3.7% | ₹14.6K Cr 0.8% | ₹14.5K Cr |
Assets | ||||||||||
| Fixed Assets | ₹7.6K Cr 0.8% | ₹7.7K Cr 3.6% | ₹7.4K Cr 1.1% | ₹7.3K Cr 0.5% | ₹7.3K Cr 4.1% | ₹7.7K Cr 2.3% | ₹7.5K Cr 2.7% | ₹7.3K Cr 2.1% | ₹7.1K Cr 0.1% | ₹7.1K Cr |
| CWIP | ₹5.4K Cr 6.8% | ₹5.0K Cr 10.1% | ₹4.6K Cr 39.9% | ₹3.3K Cr 46.3% | ₹2.2K Cr 41.9% | ₹1.6K Cr 10.4% | ₹1.4K Cr 61.6% | ₹883 Cr 3.5% | ₹915 Cr 61.7% | ₹566 Cr |
| Investments | ₹561 Cr 27.5% | ₹774 Cr 126.3% | ₹342 Cr 4.7% | ₹359 Cr 4.3% | ₹375 Cr 33.0% | ₹560 Cr 69.2% | ₹331 Cr 28.8% | ₹257 Cr 63.8% | ₹710 Cr 43.7% | ₹1.3K Cr |
| Other Assets | ₹11.5K Cr 21.8% | ₹9.4K Cr 35.8% | ₹6.9K Cr 3.6% | ₹6.7K Cr 8.5% | ₹7.3K Cr 49.0% | ₹4.9K Cr 7.4% | ₹5.3K Cr 21.1% | ₹6.7K Cr 14.9% | ₹5.8K Cr 5.7% | ₹5.5K Cr |
| Total Assets | ₹25.0K Cr 9.3% | ₹22.9K Cr 19.0% | ₹19.2K Cr 9.1% | ₹17.6K Cr 2.0% | ₹17.3K Cr 17.5% | ₹14.7K Cr 1.1% | ₹14.5K Cr 4.0% | ₹15.1K Cr 3.7% | ₹14.6K Cr 0.8% | ₹14.5K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹5.8K Cr 113.5% | ₹2.7K Cr 199.4% | ₹908 Cr 77.1% | ₹4.0K Cr 80.0% | ₹2.2K Cr 730.1% | ₹-349 Cr 114.5% | ₹2.4K Cr 51.5% | ₹1.6K Cr 10.7% | ₹1.4K Cr 63.0% | ₹881 Cr |
| Investing CF | ₹-4.0K Cr 98.6% | ₹-2.0K Cr 498.8% | ₹-334 Cr 87.2% | ₹-2.6K Cr 86.5% | ₹-1.4K Cr 260.8% | ₹873 Cr 264.1% | ₹-532 Cr 8.6% | ₹-490 Cr 131.6% | ₹1.6K Cr 393.6% | ₹314 Cr |
| Financing CF | ₹-1.8K Cr 137.9% | ₹-739 Cr 20.0% | ₹-924 Cr 18.9% | ₹-1.1K Cr 89.7% | ₹-601 Cr 11.2% | ₹-677 Cr 60.9% | ₹-1.7K Cr 57.4% | ₹-1.1K Cr 69.6% | ₹-3.6K Cr 564.7% | ₹-544 Cr |
| Net Cash Flow | ₹78 Cr 490.0% | ₹-20 Cr 94.3% | ₹-350 Cr 275.9% | ₹199 Cr 2.1% | ₹195 Cr 227.5% | ₹-153 Cr 204.8% | ₹146 Cr 14500.0% | ₹1 Cr 100.2% | ₹-630 Cr 196.8% | ₹651 Cr |
| Free Cash Flow | ₹4.6K Cr 331.7% | ₹1.1K Cr 274.2% | ₹-617 Cr 123.0% | ₹2.7K Cr 170.7% | ₹992 Cr 183.0% | ₹-1.2K Cr 172.5% | ₹1.6K Cr 115.6% | ₹765 Cr 13.5% | ₹674 Cr 104.2% | ₹330 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4d 0.0% | 4d 100.0% | 2d 0.0% | 2d 66.7% | 6d 0.0% | 6d 25.0% | 8d 20.0% | 10d 11.1% | 9d 30.8% | 13d |
| Inventory Days | 353d 40.1% | 252d 18.3% | 213d 34.3% | 324d 21.2% | 411d 11.2% | 463d 100.4% | 231d 19.8% | 288d 26.0% | 389d 10.5% | 352d |
| Days Payable | 137d 33.5% | 206d 41.1% | 146d 49.1% | 287d 9.5% | 262d 24.2% | 211d 13.9% | 245d 5.6% | 232d 18.3% | 284d 33.3% | 213d |
| Cash Conv. Cycle | 221d 342.0% | 50d 27.5% | 69d 76.9% | 39d 75.0% | 156d 39.5% | 258d 3785.7% | -7d 110.6% | 66d 42.1% | 114d 24.5% | 151d |
| Working Capital Days | -7d 216.7% | 6d 50.0% | 4d 140.0% | -10d 190.9% | 11d 222.2% | -9d 67.9% | -28d 154.5% | -11d 54.2% | -24d 340.0% | 10d |
| ROCE | 44.0% 158.8% | 17.0% 21.4% | 14.0% 58.8% | 34.0% 161.5% | 13.0% 550.0% | 2.0% 92.3% | 26.0% 136.4% | 11.0% 22.2% | 9.0% 0.0% | 9.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About National Aluminium Company Limited
Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium[1]
Metals & MiningNon - Ferrous Metals