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 8.2x vs industry 29.4x)
- Virtually debt-free
- Regular dividends — yield 3.8%
Concerns
Today's Price Action
The stock closed at ₹323.5, matching the previous close and showing flat price movement. Trading activity registered 58,19,677 shares, exactly equal to the 20‑day average volume, indicating that participation remains typical for the instrument.
Valuation Snapshot
The trailing twelve‑month price‑to‑earnings multiple stands at 8.21, while the Metals & Mining sector average is not disclosed (shown as zero). A price‑to‑book ratio of 0.0 together with a return on equity of 29.4 % signals that earnings generation is strong relative to the book value base.
Key Levels to Watch
The 52‑week range spans ₹228 at the low end and ₹445 at the high, placing the current price roughly midway between the extremes. Open‑interest data are not provided, so the analysis relies on the historical swing points as reference zones for potential support or resistance.
Chart Pattern
Within the last ten trading days the daily chart displayed a bullish engulfing candle three sessions ago and a hammer six sessions ago, preceded by a bearish engulfing candle ten sessions ago. These formations describe short‑term reversal dynamics without implying a directional bias.
Data Summary
Key metrics include a flat closing price of ₹323.5, a volume that exactly mirrors the 20‑day average of 58,19,677 shares, a P/E of 8.21, a price‑to‑book of 0.0, and an ROE of 29.4 %. The stock sits at the midpoint of its 52‑week range of ₹228‑₹445, with no additional open‑interest information supplied.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
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
To consider and approve the Unaudited (Standalone & Consolidated) Financial Results for the quarter and half year ended 30.09.2026 and Interim Dividend for FY 2026-27.
Dividend - Re 1 Per Share
Final Dividend for FY 2025-26.
Notice of Board Meeting to consider Unaudited Financial Results for the quarter ended on 30.06.2026.
Interim Dividend - Rs 2 Per Share
To consider 3rd Interim dividend for FY 2025-26
To consider Audited (Standalone & Consolidated) Financial Results for the quarter and year ended 31.03.2026.
Interim Dividend - Rs 4.50 Per Share
Interim Dividend - Rs 4 Per Share
Dividend - Rs 2.50 Per Share
Latest News
All newsIndo-National Limited announces acquisition
*Indo-National Limited announces acquisition.* The company has informed the stock exchange about a corporate acquisition, though specific details such as the target, value, and terms remain undisclosed. This move could signal strategic expansion or diversification. Further updates are awaited from the company. 📊 *STOCKS:* INDONATIONLTD | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Acquisition
Indo-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
NALCO signs tech pact with Emirates Global Aluminium
*NALCO signs tech pact with Emirates Global Aluminium.* The agreement focuses on technology exchange and innovation in aluminium production. This collaboration aims to enhance operational efficiency and sustainability. No financial details were disclosed. 📊 *STOCKS:* $NALCO | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Partnership
Nalco hosts analyst and investor meet
*Nalco hosts analyst and investor meet* to discuss business updates and strategy. The event is part of routine investor outreach with no major announcements. **No financial figures or guidance changes** were disclosed. 📊 *STOCKS:* $NATIONALUM | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
NALCO hosts investor meet, shares update.
*NALCO hosts investor meet, shares update.* The company conducted an analyst and institutional investor meet to discuss performance and strategy. No major financial announcements or guidance changes were disclosed. The event was part of routine investor engagement. 📊 *STOCKS:* NATIONALUM | 🏢 *SECTOR:* Metals | #LOWIMPACT #InvestorMeet
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
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