āagman

Not investment advice. Data and computed figures, for information only.

National Aluminium Company Ltd

NSE: NATIONALUMF&O
₹318.40
−₹4.75 (−1.47%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹58,019 Cr
CMP
₹318.40
52-wk High / Low
₹445 / 223
P/E
8.6
P/B
2.7
Book Value
₹118.0
Div Yield
3.64%
ROCE
40.0%
ROE
29.4%
Face Value
₹5
D/E
0.00

Price+42.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹289
√(22.5 × EPS × book value per share)
ROIC
24.8%
vs 10.6% sector median
Cash flow to profit
1.11
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+1,225
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
20.2%
ROE × earnings retention ratio
ROE stability
7.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.28DII +0.47
Latest quarter vs the previous one
Cash-accrual divergence
−2.6%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 6.0pp over the last year
+PE of 8.6x is below the sector median of 19.8x
Watch-outs
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,1793,0433,3483,5792,8564,0014,6625,2683,8074,2924,7315,0135,302
Expenses2,6002,6662,5922,4911,9352,4692,3512,5252,3292,3702,5582,6632,595
Operating Profit5793787561,0889211,5332,3112,7431,4781,9232,1732,3492,708
OPM %18.2%12.4%22.6%30.4%32.2%38.3%49.6%52.1%38.8%44.8%45.9%46.9%51.1%
Other Income486950511617299126124151194202174
Interest242934193288602410
Depreciation17018615424017418028688178174182211182
Profit before tax4552566501,3508041,4202,1052,7481,4151,8922,1262,3162,690
Net Profit3341874719975881,0461,5662,0671,0491,4301,5951,7222,003
EPS (₹)1.821.022.565.433.205.708.5311.265.717.798.699.3810.91

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7,3836,8177,5439,50911,4998,4728,95614,18114,25713,14916,78817,84319,338
Expenses5,5105,8586,4648,1138,6077,9857,1749,66511,91710,3489,2809,91510,185
Operating Profit1,8739591,0791,3972,8934871,7824,5162,3402,8017,5087,9289,153
OPM %25.4%14.1%14.3%14.7%25.2%5.7%19.9%31.8%16.4%21.3%44.7%44.4%47.3%
Other Income8216593681,124327273147298234678357666721
Interest16733226723131759100101
Depreciation414426480480476530606837716750728745749
Profit before tax2,1131,1899642,0392,7412241,3163,9541,8452,7127,0787,7499,023
Net Profit1,3227876681,3421,7341361,2992,9511,4351,9885,2685,7976,751
EPS (₹)5.133.053.456.949.290.737.0716.077.8110.8328.6831.5636.77

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital1,2891,289966966933933918918918918918918—
Reserves11,50911,9069,2399,5379,5529,0549,76111,63412,20813,47016,88720,685—
Borrowings0051456712102771059618260—
Other Liabilities3,3803,5154,2454,0644,5964,5493,9284,6464,3964,7514,8954,881—
Total Liabilities16,17816,71014,50114,61315,14714,54814,70917,27617,62719,23522,88226,544—
Fixed Assets6,6456,5967,1447,1397,2867,4857,6607,3437,3037,3837,6517,551—
CWIP5506885669158831,4271,5752,2353,2694,5735,0336,395—
Investments9501,0111,260710257331560375359342774533—
Other Assets8,0328,4165,5315,8496,7225,3064,9137,3226,6966,9389,42412,065—
Total Assets16,17816,71014,50114,61315,14714,54814,70917,27617,62719,23522,88226,544—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5208811,4361,5902,409−3492,1993,9589082,7195,8066,438
Cash from Investing Activity5663141,550−490−532873−1,404−2,619−334−2,000−3,971−4,200
Cash from Financing Activity−506−544−3,616−1,100−1,731−677−601−1,140−924−739−1,758−2,206
Net Cash Flow580651−6301146−153195199−350−207832

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—9.09.011.026.02.013.034.014.017.044.040.0
ROE %———————————29.4
EPS (₹)5.133.053.456.949.290.737.0716.077.8110.8328.6831.56
Book Value (₹)———————————118.0
Face Value (₹)———————————5
P/E———————————8.6
Div Yield %———————————3.64
NPM %16.110.58.412.614.71.614.320.49.914.430.731.3
OPM %25.014.014.015.025.06.020.032.016.021.045.044.0
D/E0.000.000.000.000.010.000.010.010.010.010.010.00
P/B———————————2.7

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+10.0%
5 years+15.0%
3 years+8.0%
TTM+9.0%
Compounded profit growth
10 years+23.0%
5 years+35.0%
3 years+59.0%
TTM+18.0%
Stock price CAGR
10 years+20.0%
5 years+26.0%
3 years+47.0%
Last year+41.0%
Return on equity
10 years17.0%
5 years23.0%
3 years26.0%
Last year29.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.58%74.58%60.20%52.00%51.50%51.28%51.28%51.28%51.28%51.28%51.28%51.28%
FIIs4.00%4.00%6.41%11.92%11.30%8.38%18.03%15.95%8.99%15.81%22.27%21.99%
DIIs13.16%13.16%21.21%19.73%14.20%9.64%8.76%13.30%18.82%15.70%10.75%11.22%
Government————————————
Public8.27%8.27%12.17%16.35%23.00%30.70%21.93%19.48%20.93%17.21%15.69%15.52%
No. of shareholders78,94978,9491,29,3671,89,9362,41,4923,05,8825,61,8426,62,3408,76,6459,27,0969,69,0589,48,915
Change since Jun 2023 (pp)
Promoters −23.30FIIs +17.99DIIs −1.94Public +7.25

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Regarding Change In Senior ManagementAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Change in ManagementClosure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026PPTAug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPT

Corporate actions

As of 24 Aug 2026
24 Aug 2026DIVIDENDDividend - Re 1 Per Share—
8 May 2026DIVIDENDInterim Dividend - Rs 2 Per Share—
6 Feb 2026DIVIDENDInterim Dividend - Rs 4.50 Per Share—
14 Nov 2025DIVIDENDInterim Dividend - Rs 4 Per Share—
19 Sep 2025DIVIDENDDividend - Rs 2.50 Per Share—
14 Feb 2025DIVIDENDInterim Dividend - Rs 4 Per Share—
29 Nov 2024DIVIDENDInterim Dividend - Rs 4 Per Share—
20 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Rs 2 Per Share—
23 Feb 2024DIVIDENDInterim Dividend - Rs 2 Per Share—
22 Nov 2023DIVIDENDInterim Dividend - Re 1 Per Share—
15 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 1 Per Share—
21 Mar 2023DIVIDENDInterim Dividend - Rs 2.50 Per Share—
25 Jan 2023DIVIDENDInterim Dividend - Re 1 Per Share—
15 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 1.50 Per Share—
17 Feb 2022DIVIDENDInterim Dividend - Rs 3 Per Share—
24 Nov 2021DIVIDEND Interim Dividend - Rs 2 Per Share—
23 Sep 2021DIVIDEND Annual General Meeting/Dividend - Re 1 Per Share—
22 Mar 2021DIVIDEND Interim Dividend - Rs 2 Per Share—
1 Dec 2020DIVIDEND Interim Dividend - Rs 0.50 Per Share—
18 Feb 2020DIVIDEND Interim Dividend - Rs 1.5 Per Share—
11 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 1.25 Per Share—
11 Mar 2019DIVIDEND Interim Dividend - Rs 4.50 Per Share—
23 Aug 2018DIVIDEND Annual General Meeting/Dividend- Re 1 Per Share—
16 Feb 2018DIVIDEND Interim Dividend - Rs 4.70 Per Share (Purpose Revised)—
9 Mar 2017DIVIDEND Interim Dividend Rs 2.80 Per Share (Purpose Revised)—
27 Sep 2016DIVIDEND Dividend - Re 0.75 Per Share—
23 Mar 2016DIVIDEND Interim Dividend - Rs 1.25/- Per Share (Purpose Revised)—
18 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.50/- Per Share—
18 Mar 2015DIVIDENDInterim Dividend - Rs 1.25/- Per Share (Purpose Revised)—
12 Sep 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 0.40/- Per Share—
5 Mar 2014DIVIDENDInterim Dividend - Rs 1.10/- Per Share (Purpose Revised)—
20 Sep 2013DIVIDENDAnnual General Meeting And Dividend Re.0.50 Per Share—
26 Mar 2013DIVIDENDInterim Dividend Re.0.75 Per Share (Purpose Revised)—
3 Aug 2012DIVIDENDAnnual General Meeting/ Dividend Rs. 0.10 Per Share—
22 Mar 2012DIVIDENDInterim Dividend Re.0.90 Per Share (Purpose Revised)—
16 Sep 2011DIVIDENDDividend-Re.0.50 Per Share—
15 Mar 2011SPLITBonus 1:1 And Face Value Split From Rs.10/- To Rs.5/-—
7 Feb 2011DIVIDENDInterim Dividend-Rs.2/- Per Share (Purpose Revised)—
27 Aug 2010DIVIDENDAnnual General Meeting And Final Dividend Re.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman