National Aluminium Company Limited
National Aluminium Company Limited operates in Aluminium, part of the Metals & Mining sector. It booked ₹5,419 cr of revenue in its latest quarter (Q2 FY27) and kept 33.9% of sales as profit. It is the 3rd largest of 6 Aluminium companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Aluminium | 6,263 | 10,157 | 10,229 | 9,557 | 11,113 | 12,945 | 61% → 66% |
| Chemicals | 3,182 | 5,377 | 5,579 | 2,832 | 7,607 | 6,694 | 31% → 34% |
| Chemical | 769 | — | — | 2,583 | — | — | — |
| Total | 10,214 | 15,535 | 15,808 | 14,972 | 18,721 | 19,639 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is engaged in the business of manufacturing and selling of Alumina and Aluminium.”
Healthier than 77% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 13–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 45
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest · highest in its sector on what we could measure
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in NATIONALUM?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹5,419 cr |
| Other Income | ₹248 cr |
| Total Income | ₹5,668 cr |
| Cost of Materials | ₹808 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹57 cr |
| Employee Benefit Expense | ₹408 cr |
| Finance Costs | ₹10 cr |
| Depreciation & Amortisation | ₹178 cr |
| Other Expenses | ₹1,735 cr |
| Total Expenses | ₹3,196 cr |
| Profit before Tax | ₹2,471 cr |
| Tax Expense | ₹636 cr |
| Share of JV / Associates | ₹-4 L |
| Net Profit | ₹1,835 cr |
| Net margin on total income | 32.4% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 5,013 cr | 5,302 cr | 5,419 cr |
| Total income | 5,210 cr | 5,476 cr | 5,668 cr |
| Expenses | 2,898 cr | 2,787 cr | 3,196 cr |
| Profit before tax | 2,311 cr | 2,689 cr | 2,471 cr |
| Tax | 594 cr | 687 cr | 636 cr |
| Net profit (owners' share) | 1,722 cr | 2,003 cr | 1,835 cr |
| Net margin (owners' share, on revenue) | 34.4% | 37.8% | 33.9% |
| EPS (₹) | 9.38 | 10.91 | 9.99 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Hindalco Industries Limited | ₹916 | ₹2.03 L cr | 7.2 | 20.5% | 8.3% | — |
| Vedanta Aluminium Metal Limited | ₹360 | ₹1.41 L cr | 6.8 | 89.6% | 23.1% | — |
| National Aluminium Company Limitedthis company | ₹318 | ₹58,323 cr | 7.9 | 29.5% | 33.9% | — |
| Arfin India Limited | ₹96 | ₹1,616 cr | 68.4 | 13.4% | 2.1% | — |
| Maan Aluminium Limited | ₹90 | ₹538 cr | 36.2 | 5.4% | 1.6% | — |
| Manaksia Aluminium Company Limited | ₹29 | ₹191 cr | 17.0 | 8.0% | 2.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1 / share | 24 Aug 2026 |
| Dividend | ₹2 / share | 8 May 2026 |
| Dividend | ₹4.5 / share | 6 Feb 2026 |
| Dividend | ₹4 / share | 14 Nov 2025 |
| Dividend | ₹2.5 / share | 19 Sep 2025 |
| Dividend | ₹4 / share | 14 Feb 2025 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.