National Aluminium Company Ltd (NATIONALUM)
₹343.90
Mkt cap
₹63,162 Cr
P/E ratio
10.90
P/B
2.91
Div yield
3.05%
ROE
29.40%
ROCE
39.60%
EPS (TTM)
₹31.55
Book value
₹118
52W range
181–442
Sector
Commodities
Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium [1]
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−22.11% from high₹344
₹181+90.32% from low₹442
Current
₹343.90
Prev close
₹344.60
Day
−0.20%
Price performance
1D
−0.20%
1W
+0.29%
1M
+3.54%
3M
−21.31%
6M
−4.19%
1Y
+81.84%
YTD
+4.12%
Financials
FRevenue, profit & margin
P/E ratio
10.9×
NATIONALUM is 40% below the sector median of 18.2×
NATIONALUM10.9×
Sector median18.2×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,671 | 3,179 | 3,043 | 3,348 | 3,579 | 2,856 | 4,001 | 4,662 | 5,268 | 3,807 | 4,292 | 4,731 | 5,013 | |
| Expenses | 2,931 | 2,600 | 2,666 | 2,592 | 2,491 | 1,935 | 2,469 | 2,351 | 2,525 | 2,329 | 2,370 | 2,558 | 2,663 | |
| Operating Profit | 740 | 579 | 378 | 756 | 1,088 | 921 | 1,533 | 2,311 | 2,743 | 1,478 | 1,923 | 2,173 | 2,349 | |
| OPM % | 20% | 18% | 12% | 23% | 30% | 32% | 38% | 50% | 52% | 39% | 45% | 46% | 47% | |
| Other Income | 55 | 48 | 69 | 50 | 511 | 61 | 72 | 99 | 126 | 124 | 151 | 194 | 202 | |
| Interest | 1 | 2 | 4 | 2 | 9 | 3 | 4 | 19 | 32 | 8 | 8 | 60 | 24 | |
| Depreciation | 255 | 170 | 186 | 154 | 240 | 174 | 180 | 286 | 88 | 178 | 174 | 182 | 211 | |
| Profit before tax | 539 | 455 | 256 | 650 | 1,350 | 804 | 1,420 | 2,105 | 2,748 | 1,415 | 1,892 | 2,126 | 2,316 | |
| Tax % | 8% | 27% | 27% | 28% | 26% | 27% | 26% | 26% | 25% | 26% | 24% | 25% | 26% | |
| Net Profit | 495 | 334 | 187 | 471 | 997 | 588 | 1,046 | 1,566 | 2,067 | 1,049 | 1,430 | 1,595 | 1,722 | |
| EPS in Rs | 2.70 | 1.82 | 1.02 | 2.56 | 5.43 | 3.20 | 5.70 | 8.53 | 11.26 | 5.71 | 7.79 | 8.69 | 9.38 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
31 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.81% · closed higher next day 25 of last 57
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 11 Aug '23◦ | 9 Nov '23◦ | 13 Feb '24◦ | 27 May '24◦ | 12 Aug '24 | 13 Nov '24◦ | 10 Feb '25◦ | 21 May '25◦ | 7 Aug '25 | 7 Nov '25◦ | 30 Jan '26 | 16 May '26◦ |
| Earnings day | −3.87% | +1.00% | +9.83% | −1.52% | −1.72% | +0.08% | −4.05% | +1.76% | +0.60% | +9.64% | −10.12% | −0.78% |
| +1 day | −5.46% | +1.88% | +10.78% | +0.21% | −4.16% | +9.21% | −0.72% | +1.15% | −0.65% | +13.18% | −13.79% | −1.15% |
| +5 days | −5.83% | +2.43% | +10.81% | −18.42% | −2.93% | +14.42% | −6.01% | +1.03% | −0.56% | +11.09% | −17.30% | −0.15% |
| +15 days | +8.64% | +6.47% | +14.83% | −4.87% | +0.80% | +14.05% | −0.92% | +2.92% | +1.68% | +12.38% | −20.44% | −4.88% |
| +30 days | −1.38% | +30.37% | +13.77% | +2.63% | +8.03% | −3.64% | −6.41% | +5.78% | +11.83% | +23.67% | −13.20% | −17.08% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 2 Per Share | 2.00 | 8 May '26 | 8 May '26 |
| dividend Interim Dividend - Rs 4.50 Per Share | 4.50 | 6 Feb '26 | 6 Feb '26 |
Shareholding
Sas of Jun 202651.28%Promoter
Promoters51.28%
FIIs21.99%0.28
DIIs11.22%0.47
Public15.52%0.17
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Hindalco Inds. | ₹942.80 | 12.56 | 2,11,869 | 0.53% | 2,597 | −22.12% | 78,133 | +20.41% | 13.21% |
| Vedanta Aluminium Metal | ₹435.60 | — | 1,71,041 | 0.00% | — | — | — | — | — |
| Natl. Aluminium | ₹343.90 | 10.90 | 63,162 | 3.05% | 1,722 | −16.68% | 5,013 | −4.84% | 39.59% |
| Arfin India | ₹91.99 | 114.12 | 1,552 | 0.12% | 6 | +957.41% | 192 | +24.99% | 13.97% |
| MMP Industries | ₹281.70 | 18.56 | 716 | 0.71% | 18 | +14.36% | 250 | +11.90% | 12.49% |
| Maan Aluminium | ₹114.86 | 52.88 | 689 | 0.00% | 2 | −56.85% | 255 | +3.54% | 7.73% |
| Msafe Equipments | ₹181.95 | 16.56 | 371 | 0.00% | 12 | +91.95% | 54 | +38.86% | 34.11% |
| Median: 10 Co. | ₹177.97 | 18.18 | 702 | 0.06% | 8 | +14.36% | 209 | +11.90% | 13.21% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2013nseFinancial Year 2012bse
Concall transcripts20
Credit ratings6
Announcements5
Update on board meeting 5h - Board meeting on 31 July 2026 may consider FY2025-26 final dividend.Board Meeting Intimation for Notice Of Board Meeting To Consider Unaudited Financial Results For The Quarter Ended On 30.06.2026. 2d - Board to meet on 31 July 2026 for Q1 FY2026-27 unaudited results; trading window closed till 2 August.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jul - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for quarter ended 30th June, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 Jul - NALCO and NLC India sign 50:50 JV for 1,080 MW captive power plant at Anugola.Announcement under Regulation 30 (LODR)-Joint Venture 8 Jul - NALCO signed JV agreement with NLCIL for 1,080 MW captive power plant at Angul, Odisha.

