National Aluminium

    NATIONALUM
    Metals
    ₹361.00
    price as of 11/9/2026, 5:27:59 pm

    Market cap ₹66,302 Cr

    P/E
    9.82
    Day range
    ₹352.35 – ₹365.00
    52-week range
    ₹198.68 – ₹445.15
    Volume
    65.59 L
    Open
    ₹365.00
    Prev close
    ₹373.35
    Promoters pledged 4.0% of their shares
    52-week range, adjusted for splits and bonuses
    ₹198.68₹445.15
    26 Sept 202527 Apr 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY METALF&O lot 1,875

    Price history

    6M change -9.24%RSI (14) 41.3 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 36.7% today vs 42.6% average · BSE close ₹361.4

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹330₹360₹390₹420₹4500%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Long unwinding
    Near-month future
    ₹362.1
    Change
    -3.00%
    Basis over spot
    +₹1.10
    Futures OI (shares)
    4.02 Cr
    OI change
    -1.01%
    Put-call ratio
    0.66
    Max pain
    ₹380
    Resistance (call OI)
    ₹400
    Support (put OI)
    ₹370
    Lot size
    1,875

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    280300310320330340350360370380390400410420430440450460480015.0 L30.0 L45.0 L60.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    10.1
    EPS (TTM)
    ₹36.76
    ROE (FY26)
    29.4%
    ROCE (latest year)
    40%
    Dividend yield
    3.09%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +7.8%
    Profit 3Y CAGR
    +59.3%
    Revenue YoY (Jun 2026)
    +39.3%
    Profit YoY (Jun 2026)
    +90.9%
    Operating margin
    51.0%
    Net margin
    37.8%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0%15%30%45%60%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • Public
    • DII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-7.0K Cr-3.5K Cr0 Cr3.5K Cr7.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%9%18%27%36%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr5.5K Cr11.0K Cr16.5K Cr22.0K Cr0.0x0.0x0.0x0.0x0.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales3,0433,3483,5792,8564,0014,6625,2683,8074,2924,7315,0135,302
    Expenses2,6662,5922,4911,9352,4692,3512,5252,3292,3702,5582,6632,595
    Operating Profit3787561,0889211,5332,3112,7431,4781,9232,1732,3492,708
    OPM %12%23%30%32%38%50%52%39%45%46%47%51%
    Other Income6950511617299126124151194202174
    Interest42934193288602410
    Depreciation18615424017418028688178174182211182
    Profit before tax2566501,3508041,4202,1052,7481,4151,8922,1262,3162,690
    Tax %27%28%26%27%26%26%25%26%24%25%26%26%
    Net Profit1874719975881,0461,5662,0671,0491,4301,5951,7222,003
    EPS in Rs₹1.02₹2.56₹5.43₹3.20₹5.70₹8.53₹11.26₹5.71₹7.79₹8.69₹9.38₹10.91

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Incorporated in 1981, National Aluminium Company Limited (NALCO) manufactures and sells Alumina and Aluminium [1]

    Strengths

    • Company has reduced debt.
    • Company is almost debt free.
    • Stock is providing a good dividend yield of 3.19%.
    • Company has delivered good profit growth of 34.9% CAGR over last 5 years
    • Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
    • Company has been maintaining a healthy dividend payout of 39.7%

    Risks

    None flagged by the checklist.

    Compounded Sales Growth

    10 Years
    +10%
    5 Years
    +15%
    3 Years
    +8%
    TTM
    +9%

    Compounded Profit Growth

    10 Years
    +23%
    5 Years
    +35%
    3 Years
    +59%
    TTM
    +18%

    Stock Price CAGR

    10 Years
    +23%
    5 Years
    +30%
    3 Years
    +56%
    1 Year
    +68%

    Return on Equity

    10 Years
    +17%
    5 Years
    +23%
    3 Years
    +26%
    Last Year
    +29%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter51.28%51.28%51.28%51.28%0.00 pp
    FII16.22%19.67%22.27%21.99%-0.28 pp
    DII15.45%12.35%10.75%11.22%+0.47 pp
    Public17.05%16.70%15.69%15.52%-0.17 pp

    Filed with NSE for Jun 2026: promoters 51.28%, public 48.72% · XBRL filing

    Analysts & fund holdings

    80%
    80% recommend buy
    10 analysts cover the stock
    Valuation vs Metals & Mining
    P/E9.8 vs 24.9
    Sector P/B3.12
    Beta0.82

    Who holds the shares, quarter by quarter

    Mutual funds 6.68% (+0.44 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters51.3%
    • Foreign institutions22.0%
    • Mutual funds6.7%
    • Insurance4.3%
    • Other domestic institutions0.3%
    • Retail10.9%
    • Others4.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Large & Mid Cap Fund0.65%1.40%+0.67 pp
    Kotak Arbitrage Fund0.34%0.34%-0.20 pp
    UTI Nifty200 Momentum 30 Index Fund0.33%2.79%+0.27 pp
    Sundaram Large and Mid Cap Fund0.31%3.01%-0.15 pp
    SBI PSU Fund0.24%2.59%+0.05 pp

    Scorecard

    Performance
    High
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      24 Aug 2026
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      8 May 2026
      ex-date
    • dividend
      ₹4.50

      Interim Dividend - Rs 4.50 Per Share

      6 Feb 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      14 Nov 2025
      ex-date
    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      19 Sept 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      14 Feb 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      29 Nov 2024
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend - Rs 2 Per Share

      20 Sept 2024
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      23 Feb 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      22 Nov 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      15 Sept 2023
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      21 Mar 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      25 Jan 2023
      ex-date
    • dividend
      ₹1.50

      Annual General Meeting/Dividend - Rs 1.50 Per Share

      15 Sept 2022
      ex-date
    • dividend
      ₹3.00

      Interim Dividend - Rs 3 Per Share

      17 Feb 2022
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      24 Nov 2021
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      23 Sept 2021
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      22 Mar 2021
      ex-date
    • buyback
      Not available — not reported in this filing

      Buyback

      5 Feb 2021
      ex-date
    • dividend
      ₹0.50

      Interim Dividend - Rs 0.50 Per Share

      1 Dec 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      24 Sept 2020
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation about Investors' Meet schedule to be held on 16.09.2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    NALCO Signs Technology Partnership Agreement with Emirates Global Aluminium.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Press Release

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting Result of 45th AGM

    Company Update
    Change In Senior Management

    Change in Senior Management

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    AGM Proceedings

    AGM/EGMPrice-sensitive
    Chairman's Speech For The 45Th Annual General Meeting Of The Company Scheduled Today I.E. Monday, The 31St August, 2026 At 11:00 A.M.

    Chairman Speech

    Company Update
    Imposition Of Fine By NSE

    Imposition of Fine by NSE

    Company Update
    Imposition Of Fine By BSE

    Imposition of fine by BSE

    AGM/EGMPrice-sensitive
    Newspaper Publication: Addendum To The Notice Of The 45Th Annual General Meeting.

    Newspaper publication: Addendum to the notice of 45th AGM

    AGM/EGMPrice-sensitive
    Addendum To The Notice Of The 45Th Annual General Meeting

    Addendum to the Notice of the 45th AGM scheduled to be held on 31/08/2026

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Brief profile of Shri Neeraj, Independent Director

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Appointment of Shri Neeraj as Independent Director on the Board of NALCO

    Others
    Rumour verification - Regulation 30(11)

    Intimation under Regulation 30(11).

    AGM/EGMPrice-sensitive
    Newspaper Publication For Dispatach Of Notice For 45Th Annual General Meeting

    Newspaper publication for dispatch of Notice for 45th AGM

    Filed with BSE (scrip 532234); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 10 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.