National Aluminium Co. Ltd.

NSE: NATIONALUM · Metals & Mining

₹325.75-1.59%06 Nov 2026

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Instant answers about National Aluminium Co. Ltd. — computed from its filings, no language model

Market cap₹59,829 cr

Current price₹325.75

High / Low₹442 / ₹231

P/E—

P/B2.40

Book value₹135.5

ROE0.0%

ROCE39.0%

Debt / equity0.00

Dividend yield3.38%

EPS (TTM)₹0.00

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	8,472	8,956	14,181	14,255	13,149	16,788	17,843
EBITDA	489	1,783	4,517	2,448	2,873	7,565	7,947
Operating margin	5.8%	19.9%	31.9%	17.2%	21.8%	45.1%	44.5%
Interest	6	7	23	13	17	59	100
Depreciation	530	606	837	716	750	728	745
Profit before tax	226	1,317	3,955	1,955	2,784	7,135	7,767
Tax	88	17	1,003	410	724	1,810	1,952
Net profit	136	0	2,951	1,435	0	0	5,797
EPS ₹	0.73	6.97	16.07	7.81	10.83	28.68	31.56
Operating cash flow	—	—	3,958	908	2,719	5,806	6,438
Capex	—	—	1,283	1,534	1,657	1,201	2,038
Dividend paid	—	—	1,102	918	735	1,837	2,020
Total assets	14,548	14,709	17,276	17,627	19,235	22,882	26,544
Equity	9,986	10,679	12,552	13,126	14,388	17,805	21,604

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	2,084	2,364	2,088	1,936	1,381	2,375	2,379	2,821	2,475	3,592	3,773	4,341	3,783	3,490	3,290	3,671	3,178	3,043	3,347	3,579	2,856	4,001	4,662	5,268	3,807	4,292	4,731	5,013	5,302	5,419
Operating profit	214	32	34	208	129	276	434	944	581	1,127	1,191	1,619	869	334	460	767	594	397	773	1,108	934	1,549	2,328	2,754	1,492	1,926	2,179	2,349	2,708	2,411
Operating margin	10.3%	1.4%	1.6%	10.8%	9.3%	11.6%	18.2%	33.5%	23.5%	31.4%	31.6%	37.3%	23.0%	9.6%	14.0%	20.9%	18.7%	13.0%	23.1%	30.9%	32.7%	38.7%	49.9%	52.3%	39.2%	44.9%	46.1%	46.9%	51.1%	44.5%
Other income	61	57	48	106	33	24	36	53	32	42	72	151	63	69	66	56	49	69	51	84	61	72	99	126	124	151	194	197	173	248
Interest	2	2	2	1	2	2	2	2	2	2	2	18	4	4	4	1	2	4	2	9	3	4	19	32	8	8	60	24	10	10
Depreciation	126	134	134	135	136	143	170	157	149	152	151	384	150	154	157	255	170	186	154	240	174	180	286	88	178	174	182	211	182	178
Profit before tax	148	-47	-53	179	25	155	299	838	462	1,016	1,109	1,368	778	246	365	566	471	275	668	1,369	817	1,437	2,122	2,760	1,429	1,895	2,132	2,311	2,689	2,471
Tax	50	-19	-19	76	8	48	59	-97	114	268	278	342	199	76	91	44	122	69	180	354	216	374	539	681	365	462	531	594	687	636
Net profit	98	-28	-34	101	0	107	240	0	0	748	831	1,025	558	125	256	495	0	187	0	0	0	0	0	0	0	0	0	0	0	0
EPS ₹	0.52	-0.15	-0.18	0.54	0.09	0.57	1.28	5.03	1.89	4.07	4.52	5.58	3.04	0.68	1.40	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	10.91	9.99
Revenue YoY	—	—	—	—	-33.8%	0.5%	13.9%	45.7%	79.2%	51.3%	58.6%	53.8%	52.9%	-2.9%	-12.8%	-15.4%	-16.0%	-12.8%	1.7%	-2.5%	-10.1%	31.5%	39.3%	47.2%	33.3%	7.3%	1.5%	-4.8%	39.3%	26.3%
Profit YoY	—	—	—	—	-100.0%	—	—	-100.0%	—	597.1%	246.5%	—	—	-83.2%	-69.1%	-51.7%	-100.0%	49.4%	-100.0%	-100.0%	—	-100.0%	—	—	—	—	—	—	—	—

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

National Aluminium Co. Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	5,201	5,158	6,056	6,610	6,916	6,781	7,383	6,816	7,933	9,618	11,499
Operating profit	1,774	1,146	1,585	1,053	907	934	1,706	938	1,080	1,396	2,893
Operating margin	34.1%	22.2%	26.2%	15.9%	13.1%	13.8%	23.1%	13.8%	13.6%	14.5%	25.2%
Other income	430	369	362	549	511	558	673	537	408	301	326
Interest	4	2	—	—	—	—	—	—	3	2	2
Depreciation	273	319	422	467	505	525	414	424	480	480	476
Profit before tax	1,927	1,194	1,525	1,198	905	918	2,113	1,103	965	2,039	2,740
Tax	655	362	455	349	312	275	792	372	296	696	1,008
Net profit	1,272	833	1,069	850	593	642	1,322	731	669	1,342	1,732

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	1,308	1,109	1,406	1,467	1,572	1,036	1,126	935	1,179	1,418	1,626	1,308	1,479	1,443	1,825	1,763	1,614	1,449	1,785	1,748	1,608	1,693	1,867	1,561	1,738	1,644	1,838	1,680	1,996	1,906	1,801	1,491	1,815	1,635	1,874	1,549	1,846	1,988	2,550	1,912	2,455	2,389	2,863	2,973	3,041	2,719	2,766
Operating profit	568	440	567	737	676	266	96	167	142	296	541	394	348	390	454	530	153	64	307	304	-2	183	422	153	268	204	309	276	474	527	428	224	339	136	239	195	172	285	427	228	335	344	490	1,011	851	513	518
Operating margin	43.5%	39.7%	40.3%	50.2%	43.0%	25.6%	8.5%	17.9%	12.0%	20.9%	33.3%	30.1%	23.5%	27.0%	24.9%	30.1%	9.5%	4.4%	17.2%	17.4%	-0.1%	10.8%	22.6%	9.8%	15.4%	12.4%	16.8%	16.5%	23.8%	27.7%	23.8%	15.0%	18.7%	8.3%	12.7%	12.6%	9.3%	14.3%	16.8%	11.9%	13.7%	14.4%	17.1%	34.0%	28.0%	18.9%	18.7%
Other income	164	138	135	126	83	113	108	101	140	62	66	90	85	89	97	127	132	131	159	140	139	113	119	179	123	121	135	190	169	152	162	131	126	124	156	134	137	76	62	86	81	77	57	62	90	76	98
Interest	1	—	—	0	0	1	3	1	1	0	0	0	0	0	—	—	—	0	1	3	4	0	—	—	—	—	—	—	—	—	—	1	—	—	—	1	1	1	1	0	0	1	1	1	1	1	1
Depreciation	68	66	76	68	70	64	71	76	76	79	88	92	95	103	132	102	118	123	123	122	124	123	136	124	129	131	141	96	104	116	98	99	107	105	113	119	135	118	109	117	112	124	127	122	116	118	120
Profit before tax	664	512	626	795	689	314	129	192	205	279	519	392	338	376	419	554	167	71	406	319	9	172	405	207	262	194	254	371	539	562	641	254	358	209	281	209	173	206	377	196	320	1,097	426	1,042	825	470	403
Tax	224	182	217	269	245	95	46	65	45	124	127	108	114	120	114	178	27	20	124	96	5	53	159	48	83	63	82	100	198	208	286	91	132	76	73	74	52	62	108	67	85	375	169	355	315	168	170
Net profit	440	329	409	525	444	219	83	126	159	155	391	284	224	256	305	377	139	51	282	223	5	119	246	160	179	131	172	271	342	354	355	163	226	133	208	135	121	144	268	129	235	722	257	687	510	302	234
EPS ₹	6.82	5.11	6.35	8.15	6.90	3.41	1.29	1.96	2.48	2.41	6.08	4.41	3.48	3.97	1.18	1.46	0.54	0.20	1.09	0.87	0.02	0.46	0.95	0.62	0.70	0.51	0.67	1.05	1.33	1.38	1.38	0.63	0.88	0.52	0.81	0.52	0.63	0.74	1.39	0.67	1.21	3.73	1.33	3.55	2.64	1.58	1.25
Revenue YoY	—	—	—	—	20.1%	-6.6%	-19.9%	-36.3%	-25.0%	36.8%	44.4%	39.9%	25.4%	1.8%	12.3%	34.7%	9.1%	0.4%	-2.2%	-0.8%	-0.3%	16.9%	4.6%	-10.7%	8.1%	-2.9%	-1.6%	7.7%	14.8%	15.9%	-2.0%	-11.2%	-9.0%	-14.2%	4.1%	3.9%	1.7%	21.6%	36.0%	23.4%	33.0%	20.2%	12.3%	55.5%	23.9%	13.8%	-3.4%
Profit YoY	—	—	—	—	1.1%	-33.4%	-79.7%	-75.9%	-64.1%	-29.3%	371.5%	124.6%	40.5%	64.9%	-22.0%	32.7%	-37.8%	-80.0%	-7.6%	-40.8%	-96.6%	132.2%	-12.8%	-28.4%	3648.3%	10.2%	-29.9%	69.7%	90.6%	170.5%	105.8%	-39.7%	-33.8%	-62.3%	-41.4%	-17.4%	-46.4%	7.8%	29.1%	-4.5%	93.5%	401.5%	-4.2%	432.8%	117.4%	-58.2%	-9.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	1.4%	0.4%	1.7%	4.5%	3.2%	3.2%	9.2%	14.8%	20.7%	25.2%	19.6%	15.1%	10.9%	6.7%	7.0%	5.1%	1.3%	1.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
ROCE	2.3%	1.1%	3.1%	6.6%	12.3%	16.4%	24.4%	32.0%	31.6%	34.2%	27.0%	21.3%	14.9%	12.6%	12.5%	14.7%	19.4%	21.8%	27.4%	36.7%	40.1%	43.6%	41.7%	42.0%	36.4%	42.3%	39.0%
Net margin	1.6%	0.5%	2.2%	5.5%	3.9%	3.5%	8.8%	12.5%	18.4%	20.4%	16.5%	13.2%	10.1%	6.4%	7.1%	5.2%	1.4%	1.5%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
EBITDA margin	5.8%	5.2%	8.3%	13.0%	19.9%	22.2%	27.4%	30.3%	31.9%	31.0%	26.1%	22.0%	17.1%	15.8%	16.8%	19.1%	21.8%	25.0%	31.7%	39.2%	45.1%	45.8%	47.1%	46.1%	44.5%	47.4%	47.1%
Debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00
Interest coverage	40.41	18.49	51.06	107.17	186.95	249.37	372.38	476.04	172.06	170.36	128.31	93.45	152.32	146.70	150.73	219.34	162.74	171.46	229.26	161.56	122.00	122.81	122.52	77.03	78.83	90.10	94.68
Asset turnover	0.58	0.53	0.53	0.55	0.61	0.68	0.77	0.86	0.82	0.90	0.87	0.85	0.81	0.77	0.72	0.73	0.68	0.67	0.67	0.74	0.73	0.78	0.72	0.72	0.67	0.73	0.68

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 17 periods

	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	1,289	1,289	966	966	933	933	918	918	918	918	918	918	918	918	918	918	918
Other equity / reserves	11,509	11,906	9,239	9,537	9,552	9,054	9,761	11,634	12,064	12,208	12,544	13,470	14,725	16,887	18,918	20,685	23,976
Total equity	12,797	13,195	10,205	10,504	10,485	9,986	10,679	12,552	12,983	13,126	13,462	14,388	15,643	17,805	19,836	21,604	24,894
Borrowings	—	0	51	45	67	12	46	21	70	48	40	39	91	124	0	0	0
Current liabilities	1,967	1,982	2,652	2,441	2,905	2,720	2,050	3,099	3,065	2,886	3,198	3,178	3,246	3,498	3,679	3,224	3,677
Non-current liabilities	1,413	1,533	1,644	1,668	1,757	1,842	1,980	1,624	1,554	1,615	1,592	1,669	1,636	1,579	1,489	1,716	1,702
Total assets	16,178	16,710	14,501	14,613	15,147	14,548	14,709	17,276	17,601	17,627	18,253	19,235	20,525	22,882	25,005	26,544	30,273
Property, plant & equipment	6,509	6,457	7,019	7,019	7,109	7,175	7,317	7,002	6,938	6,916	7,093	7,020	6,811	6,799	6,667	6,750	6,977
Capital work-in-progress	550	656	515	826	844	1,177	1,181	1,763	2,319	2,745	3,191	3,961	4,232	4,935	5,374	6,296	6,412
Investments	950	1,011	1,260	710	257	331	560	375	809	359	550	342	581	774	561	533	291
Inventories	1,166	1,055	1,156	1,194	1,210	1,697	1,476	1,646	1,737	1,840	2,018	1,830	1,873	1,909	2,022	1,835	1,864
Receivables	121	235	184	258	241	140	147	75	127	91	108	154	358	186	28	215	14
Cash & equivalents	4,629	654	25	25	172	18	214	413	32	63	152	43	92	121	95	153	101

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	845	881	1,436	1,590	2,409	-349	2,199	3,958	908	2,719	5,806	6,438
Cash from investing	5	314	1,550	-490	-532	873	-1,404	-2,619	-334	-2,000	-3,971	-4,200
Cash from financing	-535	-544	-3,616	-1,100	-1,731	-677	-601	-1,140	-924	-739	-1,758	-2,206
Capex	—	599	778	837	768	858	1,219	1,283	1,534	1,657	1,201	2,038
Free cash flow	—	282	658	753	1,641	-1,206	981	2,675	-626	1,063	4,605	4,400
Dividends paid	—	451	686	908	1,033	513	461	1,102	918	735	1,837	2,020

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹6,977 cr23%

CWIP

₹6,412 cr21%

Investments

₹291 cr1%

Inventories

₹1,864 cr6%

Receivables

₹14 cr0%

Cash & equivalents

₹101 cr0%

Other assets

₹14,614 cr48%

Peer comparison

largest in Metals & Mining · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Enterprises Ltd.	3,71,671	2,745.80	64.8	3.79	5.9%
JSW Steel Ltd.	3,31,132	1,357.10	11.6	2.92	25.1%
Hindustan Zinc Ltd.	2,40,022	568.10	—	8.01	0.0%
Tata Steel Ltd.	2,32,398	186.30	21.1	2.27	10.8%
Hindalco Industries Ltd.	2,12,765	958.40	11.1	1.33	12.0%
Vedanta Aluminium Metal Ltd.	1,47,058	376.05	—	6.38	—
Jindal Steel Ltd.	1,18,597	1,165.00	41.5	2.26	5.5%
Vedanta Ltd.	1,02,344	261.75	4.8	8.02	168.7%
Lloyds Metals And Energy Ltd.	1,00,524	1,785.50	19.2	6.20	32.3%
Steel Authority of India Ltd.	70,880	171.60	12.6	1.13	9.0%
National Aluminium Co. Ltd.	59,829	325.75	—	2.40	0.0%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+1.4%

6 months-19.3%

1 year+36.8%

3Y CAGR+50.8%

5Y CAGR+26.6%

10Y CAGR+20.2%

50-day avg₹343.05

200-day avg₹371.96

RSI (14)51

Long-term financials (FY13–FY15)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY15	₹7,383 Cr	₹1,965 Cr	₹1,322 Cr
FY14	₹6,781 Cr	₹967 Cr	₹2 Cr
FY13	₹6,916 Cr	₹905 Cr	₹593 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare National Aluminium Co. Ltd. with

Steel Authority of India vs National Aluminium Co.NMDC vs National Aluminium Co.National Aluminium Co. vs Jindal Stainless National Aluminium Co. vs Hindustan Copper

FAQs

What is the share price of National Aluminium Co. Ltd.?

National Aluminium Co. Ltd. (NATIONALUM) closed at ₹325.75 on NSE on 06 Nov 2026.

What is the market cap of National Aluminium Co. Ltd.?

₹59,829 crore at the latest close.

How fast is National Aluminium Co. Ltd. growing?

National Aluminium Co. Ltd.: revenue has compounded at 7.8% a year over three years; net profit at 59.3% a year. Latest-quarter revenue is up 26.3% year on year.

How profitable is National Aluminium Co. Ltd.?

On a trailing-twelve-month basis return on equity is 0.0%, return on capital employed 39.0%, operating margin 47.1%, net margin 0.0%.

How much debt does National Aluminium Co. Ltd. have?

National Aluminium Co. Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹101 cr (balance sheet of 2026-09-30). Operating profit covers interest 94.7 times.

Financials parsed from National Aluminium Co. Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '15. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.