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National Aluminium Company Limited (NATIONALUM.NS)

INR364.90 +9.70 (+2.73%)
IN NSE Basic Materials Aluminum
Address NALCO Bhawan 751013
Bhubaneswar, IN
CEO Brijendra Pratap Singh
IPO 1999-04-28
ISIN INE139A01034

Explore sections of this company profile

Also trades on Bombay Stock Exchange · NATIONALUM.BO (INR) National Stock Exchange of India · NATIONALUM.NS (INR)
Description

National Aluminium Company Limited (NALCO) is an Indian enterprise engaged in the domestic and international production and distribution of alumina and aluminum commodities. Its operations are organized into two primary segments: Chemicals and Aluminium. The company's comprehensive product portfolio encompasses various aluminum metal forms such as ingots, alloy ingots, T-ingots, sows, billets, and wire rods. Additionally, it supplies alumina and hydrate products, including calcined alumina, alumina hydrate, specialty alumina, specialty hydrate products, zeolite-A, aluminum rolled products, and chequered sheets. NALCO boasts significant operational assets, including an opencast bauxite mine spanning 16 square kilometers in Odisha's Koraput district. Furthermore, the company has diversified into renewable energy, owning and operating multiple wind power plants across India—a 50.4 MW facility in Gandikota, Andhra Pradesh; a 47.6 MW plant in Jaisalmer, Rajasthan; a 50 MW plant in Devikot, Rajasthan; and another 50.4 MW plant in Jath, Maharashtra. A solar power plant is also located in Bhubaneswar. Complementing its core activities, NALCO manages mechanized storage and ship handling infrastructure essential for the export of alumina and the import of caustic soda. Established in 1981, the company's headquarters are situated in Bhubaneswar, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR364.90 +9.70 (+2.73%)
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Volume Profile
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Liquidity & share structure
Average Volume
13M
Beta
0.61
Float Shares
893.74M
Free Float %
48.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.25% -3.84% -5.50% +6.59% +47.61% +25.37% +133.23% +381.43% +426.10% +814.27% +5,816.67%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
364.90
DCF (Unlevered) 350.44 -4.0%
DCF (Levered) 368.40 +1.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 4 -1
Hold 4 0
Sell 1 -1
Strong Sell 3 0
Quality scores
Altman Z-Score
10.78
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Aluminum: +10.4%
    +6.3% Q1'26: -4.8% (vs Q1'25)
  • EPS growth Aluminum: +10.9%
    +10.0% Q1'26: -16.7% (vs Q1'25)
  • FCF margin FCF growth · Aluminum: +58.0%
    +30.9% Q1'26: +36.4% (vs Q1'25)
  • EBIT margin Aluminum: +5.8%
    +40.3% Q1'26: +42.8% (vs Q1'25)
  • ROIC Aluminum: +5.5%
    +41.5% Q1'26: +49.2% (vs Q1'25)
  • Share dilution Aluminum: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Aluminum: 0.90×
    0.01× Q1'26: 0.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.80) × ERP
WACC = 100% × Ke + 0% × Kd (166.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 347.83 Current price: 364.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2008
actual
Mar 2009
actual
Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
11 Rev. Ana.
9 EPS Ana.
Mar 2027
11 Rev. Ana.
10 EPS Ana.
Mar 2028
12 Rev. Ana.
10 EPS Ana.
Mar 2029
3 Rev. Ana.
3 EPS Ana.
Revenue
50.20B
est: 51.45B (-2.4%)
51.21B
est: 50.46B (+1.5%)
50.80B
est: 49.73B (+2.1%)
64.18B
est: 58.99B (+8.8%)
65.00B
est: 66.76B (-2.6%)
73.83B
est: 75.40B (-2.1%)
68.17B
est: 66.56B (+2.4%)
75.43B
est: 75.65B (-0.3%)
94.89B
est: 94.57B (+0.3%)
114.99B
est: 113.81B (+1.0%)
84.72B
est: 87.92B (-3.6%)
89.56B
est: 87.78B (+2.0%)
142.15B
est: 133.20B (+6.7%)
142.57B
est: 140.34B (+1.6%)
131.49B
est: 128.27B (+2.5%)
167.88B
est: 162.28B (+3.4%)
173.75B
167.96B – 181.80B
+7.1% YoY
192.94B
174.71B – 209.54B
+11.0% YoY
209.78B
189.08B – 233.29B
+8.7% YoY
222.32B
220.89B – 223.76B
+6.0% YoY
EBITDA
27.78B
est: 38.81B (-28.4%)
21.87B
est: 31.00B (-29.4%)
14.61B
est: 24.77B (-41.0%)
19.46B
est: 20.90B (-6.9%)
16.61B
est: 25.47B (-34.8%)
18.96B
est: 28.83B (-34.3%)
11.05B
est: 17.85B (-38.1%)
12.65B
est: 22.50B (-43.8%)
14.25B
est: 22.38B (-36.3%)
29.12B
est: 33.56B (-13.2%)
5.09B
est: 26.58B (-80.9%)
17.90B
est: 7.38B (+142.6%)
45.50B
est: 7.93B (+473.8%)
24.52B
est: 8.12B (+202.0%)
28.58B
est: 41.16B (-30.6%)
75.49B
est: 52.18B (+44.7%)
55.76B
53.90B – 58.34B
+6.9% YoY
61.91B
56.06B – 67.24B
+11.0% YoY
67.31B
60.67B – 74.86B
+8.7% YoY
71.34B
70.88B – 71.80B
+6.0% YoY
EBIT
24.93B
est: 29.67B (-16.0%)
19.14B
est: 19.02B (+0.6%)
11.42B
est: 13.74B (-16.9%)
15.24B
est: 8.03B (+89.7%)
11.99B
est: 12.25B (-2.1%)
14.85B
est: 13.87B (+7.1%)
6.80B
est: 14.61B (-53.4%)
7.86B
est: 6.32B (+24.5%)
9.46B
est: 7.22B (+31.2%)
24.36B
est: 21.25B (+14.6%)
-210.70M
est: 18.46B (-101.1%)
11.88B
est: -401.46M (+3,060.2%)
39.60B
est: -431.32M (+9,280.6%)
18.46B
est: -441.66M (+4,280.0%)
21.29B
est: 35.47B (-40.0%)
68.73B
est: 44.97B (+52.8%)
48.05B
46.45B – 50.27B
+6.9% YoY
53.36B
48.31B – 57.94B
+11.0% YoY
58.01B
52.29B – 64.51B
+8.7% YoY
61.48B
61.08B – 61.88B
+6.0% YoY
Net Income
16.32B
est: 21.90B (-25.5%)
12.72B
est: 16.00B (-20.5%)
8.14B
est: 12.30B (-33.8%)
10.69B
est: 9.66B (+10.7%)
8.50B
est: 12.21B (-30.4%)
13.22B
est: 13.82B (-4.3%)
7.87B
est: 5.58B (+41.1%)
6.68B
est: 8.47B (-21.2%)
13.42B
est: 8.62B (+55.8%)
17.34B
est: 16.38B (+5.8%)
1.36B
est: 13.20B (-89.7%)
12.99B
est: 1.35B (+864.6%)
29.51B
est: 1.45B (+1,939.3%)
14.35B
est: 12.11B (+18.5%)
19.88B
est: 22.43B (-11.4%)
52.68B
est: 49.21B (+7.0%)
57.97B
51.34B – 59.29B
+17.8% YoY
67.99B
50.44B – 78.72B
+17.3% YoY
71.50B
45.14B – 92.67B
+5.2% YoY
70.52B
62.77B – 75.73B
-1.4% YoY
SGA
4.23B
est: 5.17B (-18.1%)
4.38B
est: 9.54B (-54.1%)
5.01B
est: 11.59B (-56.8%)
1.43B
est: 15.69B (-90.9%)
1.90B
est: 18.23B (-89.6%)
13.81B
est: 20.64B (-33.1%)
13.98B
est: 10.13B (+38.1%)
15.37B
est: 24.71B (-37.8%)
22.67B
est: 32.93B (-31.2%)
20.72B
est: 38.73B (-46.5%)
19.94B
est: 23.17B (-14.0%)
19.31B
est: 29.39B (-34.3%)
23.57B
est: 31.58B (-25.4%)
18.33B
est: 32.33B (-43.3%)
20.35B
est: 18.40B (+10.6%)
17.86B
est: 23.32B (-23.4%)
24.92B
24.09B – 26.08B
+6.9% YoY
27.68B
25.06B – 30.06B
+11.0% YoY
30.09B
27.12B – 33.46B
+8.7% YoY
31.89B
31.68B – 32.10B
+6.0% YoY
EPS
6.33
est: 6.70 (-5.5%)
4.94
est: 5.33 (-7.3%)
3.16
est: 3.13 (+0.9%)
4.15
est: 4.57 (-9.2%)
3.30
est: 3.60 (-8.4%)
5.13
est: 4.90 (+4.8%)
3.05
est: 3.09 (-1.4%)
2.97
est: 3.51 (-15.3%)
6.94
est: 5.75 (+20.6%)
9.07
est: 8.96 (+1.3%)
0.73
est: 0.99 (-26.1%)
6.97
est: 5.50 (+26.7%)
16.07
est: 15.91 (+1.0%)
7.81
est: 9.27 (-15.7%)
10.83
est: 12.21 (-11.3%)
28.68
est: 26.74 (+7.2%)
30.38
27.95 – 32.28
+13.6% YoY
35.17
27.46 – 42.86
+15.8% YoY
38.22
24.57 – 50.45
+8.7% YoY
38.16
34.17 – 41.23
-0.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-05-08 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-05-07 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-05-06 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-05-05 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-05-04 A 4/5 4/5 5/5 5/5 3/5 3/5 2/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-15 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
52.22B
OE per share TTM
28.44
Owner's Yield
7.23%
Maintenance CapEx ratio
46.40%
Maint CapEx / Avg PPE
79.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
14.81M
Shares Outstanding
1.84B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tapas Kumar Pattanayak Director of Human Resources & Director 9M
Pankaj Kumar Sharma Director of Production & Director 8M male
Abhay Kumar Behuria Director of Finance & Director 8M
Jagdish Arora Director of Projects & Technical and Director 8M male
Brijendra Pratap Singh Director of Commercial, MD & Chairman of the Board 2M male
Bharat Kumar Sahu Company Secretary & Compliance Officer male
R. S. Das Head of M&R Complex male
Srimanta Panda Chief General Manager of (Fin.) & EPO-ED(Fin.) male
Srinivasa Subrahmanyam Neralla S&P Complex Head male
Pranabjyoti Nath Chief Vigilance Officer male
J. Rajesh Kapoor Executive Director of Marketing & Materials male
A. N. Mohanty General Manager of Admin- I/C
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits