NATIONALUM · NSE

National Aluminium Company Limited

₹350.5

-1.46% (-₹5.2)

Prev. close

₹355.7

Volume

58,09,441

Delivery %

65.5%

As of

18 Sept 2026

Price history

Bullish

Akshay Bhagwat · JM Financial Services · 06 Jul 2026

Bullish on NALCO, which staged a strong reversal from its June downtrend around the 200-day EMA (₹337–338), closing over 4.5% higher on strong volumes. The rise in open interest and RSI emerging from oversold territory indicate a long build-up and exhausted selling momentum. Traders can enter at ₹345–348 for targets of ₹371 and ₹385, with a stop-loss at ₹329.

Entry ₹345–₹348Target ₹371 (+6.6%)Stop ₹329 (-5.5%)R:R 1.2:1Target hit · 04 Aug 2026

Target ₹371HITCall pageClear
₹350.5+₹2.5 (+0.72%) · CALL
06 Jul 202618 Sept 2026
₹420Target ₹371SL ₹329Entry ₹348Entry zone ₹345₹34806 Jul22 Jul14 Aug01 Sept18 SeptCall published 06:00
Akshay Bhagwat's call · 06 Jul 2026

Analyst sentiment

Analysts lean bullish

2 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (2)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on NALCO, which staged a strong reversal from its June downtrend around the 200-day EMA (₹337–338), closing over…Akshay BhagwatJM Financial ServicesNational Aluminium Company LimitedHIT
Bullish on NALCO, which staged a strong reversal from its June downtrend around the 200-day EMA (₹337–338), closing over 4.5% higher on strong volumes. The rise in open interest and RSI emerging from oversold territory indicate a long build-up and exhausted selling momentum. Traders can enter at ₹345–348 for targets of ₹371 and ₹385, with a stop-loss at ₹329.
Trade setupTarget ₹371Track opinion →

How it resolved: National Aluminium Company Limited rose from ₹351.05 to ₹375.20, a +6.88% increase, meeting the ₹371 target. (04 Sept 2026)

Fundamentals

About National Aluminium Company Limited

National Aluminium Company Limited engages in the manufacture and sale of alumina and aluminum products in India and internationally. The company operates through Chemical and Aluminum segments. It offers aluminum metal products, such as ingots, alloy ingots, T-ingots, sows, billets, and wire rods; alumina and hydrate products, including calcined alumina and alumina hydrate; zeolite-A products; specialty alumina and hydrate products; and aluminum rolled and chequered sheets products. The company also owns and operates Coal Mine covering an area of 824.316 hectors situated in Chhendipada Tehsil of Angul District; an opencast mine covering an area of 16 square kilometers on Panchpatmali hills of Koraput district in Odisha; a wind power plant with 50.4 MW of generation capacity in Gandikota, Andhra Pradesh; a wind power plant with 47.6 MW of generation capacity at Jaisalmer, Rajasthan; a wind power plant with 50 MW of generation capacity at Devikot, Rajasthan; a wind power plant with 50.4 MW of generation capacity at Sangli, Maharashtra; and a solar power plants, as well as alumina refinery, aluminum smelter plants, and captive power plant. In addition, it provides testing services. National Aluminium Company Limited was incorporated in 1981 and is based in Bhubaneswar, India.

Details

Sector

Basic Materials

Industry

Aluminum

CEO

Mr. Brijendra Pratap Singh

Headquarters

Bhubaneswar

Employees

4,864

Key stats

Market cap

₹64,373.94 Cr

P/E ratio (TTM)

9.5

Dividend yield

1.12%

EPS (TTM)

₹36.74

Beta (1Y · daily vs NIFTY 50)

0.61

Beta (5Y · monthly vs NIFTY 50)

0.91

Shares float

89.40 Cr

EPS · quarter ended Jun 2026

₹10.91

Upcoming earnings

05 Nov 2026

Financial Performance

01 · Financials

0 Cr5000 Cr10000 Cr15000 Cr20000 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.6% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

010203040FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0246-100%0%100%200%18 Feb 2001 Dec 2022 Mar 2123 Sept 2124 Nov 2117 Feb 2215 Sept 2225 Jan 2321 Mar 2315 Sept 2322 Nov 2323 Feb 2420 Sept 2429 Nov 2414 Feb 2519 Sept 2514 Nov 2506 Feb 2608 May 2624 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2500 Cr0 Cr2500 Cr5000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹8,955.79 Cr₹14,180.81 Cr₹14,254.86 Cr₹13,149.15 Cr₹16,787.63 Cr₹17,843.05 Cr
EBITDA₹1,929.42 Cr₹4,814.58 Cr₹2,565.04 Cr₹3,470.02 Cr₹7,921.65 Cr₹8,612.61 Cr
₹1,299.41 Cr₹2,951.41 Cr₹1,434.66 Cr₹1,988.46 Cr₹5,267.94 Cr₹5,797.01 Cr
Diluted EPS₹6.97₹16.07₹7.81₹10.83₹28.68₹31.56

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹14,708.89 Cr₹17,486.58 Cr₹17,626.61 Cr₹19,235.03 Cr₹22,882.16 Cr₹26,544.40 Cr
₹77.10 Cr₹104.61 Cr₹96.38 Cr₹311.10 Cr₹202.11 Cr
Stockholders' equity₹10,679.01 Cr₹12,552.39 Cr₹13,126.37 Cr₹14,388.09 Cr₹17,805.44 Cr₹21,603.71 Cr

Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2,198.98 Cr₹3,958.35 Cr₹908.24 Cr₹2,719.32 Cr₹5,806.11 Cr₹6,437.97 Cr
Investing cash flow₹-1,403.70 Cr₹-2,619.23 Cr₹-334.25 Cr₹-2,000.47 Cr₹-3,970.54 Cr₹-4,199.92 Cr
₹-600.23 Cr₹-1,139.84 Cr₹-923.50 Cr₹-747.24 Cr₹-1,757.66 Cr₹-2,206.00 Cr
Capital expenditure₹-1,218.82 Cr₹-1,282.87 Cr₹-1,533.99 Cr₹-1,656.78 Cr₹-1,201.29 Cr₹-2,038.47 Cr
End cash position₹213.52 Cr₹412.80 Cr₹63.29 Cr₹43.49 Cr₹121.40 Cr₹153.45 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter51.28%
Public48.72%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
National Aluminium Company Limited₹65,329.00 Cr₹350.59.73.0226.8%0.01+6.4%+63.9%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 29

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

27 indices

Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.

NATIONALUM

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NATIONALUM

National Aluminium Company - 8 midcap stocks clock up to 245% EBITDA growth in June quarter. Do you own any?

National Aluminium Company reported an 81% year-on-year increase in quarterly EBITDA, reaching Rs 2,708 crore in June 2026. This growth reflects improved operational performance for the company. It was among eight midcap stocks with over 80% EBITDA growth in the quarter.