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 13.8x vs industry 32.2x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 2.4%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹3,043 | ₹3.9L Cr | 120 | 4.85 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,287 | ₹3.2L Cr | 35.2 | 3.15 | 10.1 | 10.9 | 1.22 |
| HINDZINC Hindustan Zinc Limited | ₹569 | ₹2.6L Cr | 19.1 | 10.61 | 76.8 | 69.6 | 0.39 |
| TATASTEEL Tata Steel Limited | ₹207 | ₹2.6L Cr | 22.9 | 2.53 | 11.9 | 12.6 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹1,092 | ₹2.6L Cr | 14.7 | 1.8 | 13.5 | 13.7 | 0.56 |
| VEDL Vedanta Limited | ₹317 | ₹1.3L Cr | 15.1 | 2.5 | 19 | 16.5 | 2.12 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,183 | ₹1.2L Cr | 30.5 | 2.37 | 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
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
Interim Dividend - Rs 4 Per Share
Annual General Meeting/Dividend - Rs 2 Per Share
Interim Dividend - Rs 2 Per Share
Latest News
All news →Adani Energy, Nalco, MCX added to MSCI index; RVNL, SBI Card removed
*Adani Energy, Nalco, MCX added to MSCI index; RVNL, SBI Card removed.* MSCI’s quarterly review adds **three** Indian stocks and drops **four**, effective next month. Rebalancing may trigger passive fund flows into Adani Energy, Nalco, and MCX. RVNL, SBI Card, Kalyan Jewellers, and Hyundai out, potentially leading to sell pressure from index funds. 📊 *STOCKS:* ADANIENERG, NATIONALUM, MCX, RVNL, KALYANKJEW, SBICARD | 🏢 *SECTOR:* Indices | #MEDIUMIMPACT #MSCI
MSCI index rejig adds Federal Bank, NALCO, MCX
*MSCI index rejig adds Federal Bank, NALCO, MCX*. MSCI has added Federal Bank, Indian Bank, NALCO, and MCX to its India index, effective August 2023. The move may attract **$100–150 million** in passive inflows. Stocks dropped include Hyundai, Jubilant FoodWorks, Kalyan Jewellers, and RVNL. 📊 *STOCKS:* FEDERALBNK, INDIANB, NATIONALUM, MCX | 🏢 *SECTOR:* Indices | #MEDIUMIMPACT #IndexRebalance
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 | 33.0% ▼10.8% | 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 ▼2.0% | ₹7.7K Cr ▲4.9% | ₹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 ▲8.9% | ₹4.9K Cr ▲7.9% | ₹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 & Mining · Non - Ferrous Metals