National Aluminium Co. Ltd.

BSE: NATIONALUM532234ISIN INE139A01034

Commodities
Aluminium
BSE 500

Share price

₹326.00+8.10 (+2.55%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹445.10
52W low: ₹227.55
Off 52W high: -26.76%
1M return: -3.79%
3M return: -13.98%
6M return: -19.82%
1Y return: +39.76%
20D avg volume: 1,93,322
50 DMA: ₹345.89
200 DMA: ₹372.17

Key ratios Consolidated

Market cap: ₹59,874 Cr
Current price: ₹326.00
52W high / low: ₹445.10 / ₹227.55
Face value: ₹5.00
P/E: 8.37
P/B: 2.41
EPS (TTM): ₹38.96
Book value / share: ₹135.54
ROE: —
ROCE: 33.70%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-153.45 Cr
Interest cover: 78.83
Dividend yield: 3.53%
Dividend / share (TTM): ₹11.50
Payout: 29.52%
Cash conversion cycle: 25.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	5,419	5,302	5,013	4,731	4,292	3,807	5,268	4,662	4,001	2,856	3,579	3,347
	248.08	173.30	196.79	194.06	151.47	123.51	125.61	99.09	71.79	60.52	84.04	50.97
	5,668	5,476	5,210	4,925	4,444	3,930	5,393	4,761	4,073	2,917	3,663	3,398
	3,196	2,787	2,898	2,793	2,549	2,501	2,634	2,639	2,637	2,100	2,720	2,730
	808.36	728.54	666.46	604.59	564.91	551.79	578.51	506.32	491.29	487.20	680.75	649.32
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	407.85	395.48	466.27	369.14	440.35	445.44	413.25	429.79	476.39	466.67	512.47	439.06
	9.56	9.55	23.79	59.61	8.36	8.04	32.05	19.08	4.43	3.41	8.86	2.10
	177.74	182.35	211.18	182.09	173.75	178.34	87.80	285.65	179.83	174.30	240.02	153.79
	1,735	1,619	1,455	1,386	1,337	1,436	1,493	551.37	520.62	575.34	525.05	579.53
	2,471	2,689	2,311	2,132	1,895	1,429	2,760	2,122	1,437	817.01	942.67	668.21
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	426.81	0.00
	2,471	2,689	2,311	2,132	1,895	1,429	2,760	2,122	1,437	817.01	1,369	668.21
	636.25	686.52	593.60	530.62	462.06	365.41	681.27	539.00	374.37	215.79	353.65	179.74
	1,835	2,003	1,722	1,595	1,430	1,049	2,067	1,566	1,046	588.42	996.74	470.61
	9.99	10.91	9.38	8.69	7.79	5.71	11.26	8.53	5.70	3.20	5.43	2.56
Key metrics
	2,659	2,881	2,546	2,373	2,077	1,616	2,879	2,427	1,621	994.72	1,618	824.10
	49.10%	54.30%	50.80%	50.20%	48.40%	42.40%	54.70%	52.00%	40.50%	34.80%	45.20%	24.60%
	33.90%	37.80%	34.40%	33.70%	33.30%	27.60%	39.20%	33.60%	26.10%	20.60%	27.80%	14.10%
	9.30%	—	10.00%	—	8.90%	—	14.40%	—	—	—	—	—
	26.30%	39.30%	-4.80%	1.50%	7.30%	33.30%	47.20%	39.30%	—	—	—	—
	28.30%	90.90%	-16.70%	1.80%	36.70%	78.40%	107.40%	232.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	20,466	17,843	16,788	13,149	14,255	14,181	8,956	8,472	11,499	9,618
	812.23	665.83	357.01	250.71	235.63	297.42	146.60	272.58	325.87	299.65
	21,278	18,509	17,145	13,400	14,490	14,478	9,102	8,744	11,825	9,918
	11,675	10,741	10,010	11,043	12,536	10,523	7,786	8,518	9,085	8,703
	2,808	2,388	2,063	2,792	3,172	1,971	1,315	1,702	1,920	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	1,639	1,721	1,786	2,034	1,832	2,356	1,930	1,994	2,072	2,261
	102.51	99.80	58.97	17.21	12.92	23.12	7.08	5.74	2.38	1.95
	753.36	745.36	727.58	749.65	715.80	836.59	605.82	529.83	476.10	—
	6,196	5,614	5,463	2,049	2,126	2,065	1,295	1,687	1,693	1,699
	9,603	7,767	7,135	2,357	1,955	3,955	1,317	226.24	2,740	1,215
	0.00	0.00	0.00	426.81	0.00	0.00	0.00	0.00	0.00	824.08
	9,603	7,767	7,135	2,784	1,955	3,955	1,317	226.24	2,740	2,039
	2,447	1,952	1,810	723.62	410.50	1,003	16.99	88.01	1,008	696.42
	7,156	5,797	5,268	1,988	1,435	2,951	1,299	136.23	1,734	1,342
	38.97	31.56	28.68	10.83	7.81	16.07	6.97	0.73	9.07	—
Key metrics
	10,459	8,613	7,922	3,550	2,684	4,815	1,929	761.81	3,218	2,041
	51.11%	48.30%	47.20%	27.00%	18.80%	34.00%	21.50%	9.00%	28.00%	21.20%
	34.96%	32.50%	31.40%	15.10%	10.10%	20.80%	14.50%	1.60%	15.10%	14.00%
	—	33.70%	37.10%	—	—	—	—	—	—	—
	13.51%	6.30%	27.70%	-7.80%	0.50%	58.30%	5.70%	-26.30%	19.60%	—
	17.06%	10.00%	164.90%	38.60%	-51.40%	127.10%	853.80%	-92.10%	29.20%	—
	—	4,403	4,631	—	—	—	—	—	—	—
	—	1.11	1.10	—	—	—	—	—	—	—
	—	0.00	0.01	—	—	—	—	—	—	—
	—	-153.45	2.82	—	—	—	—	—	—	—
	—	25.6	29.6	—	—	—	—	—	—	—
Balance sheet
	—	26,544	22,882	—	—	—	—	—	—	—
	—	11,620	9,139	—	—	—	—	—	—	—
	—	153.45	121.40	—	—	—	—	—	—	—
	—	214.68	186.39	—	—	—	—	—	—	—
	—	1,835	1,909	—	—	—	—	—	—	—
	—	798.51	855.85	—	—	—	—	—	—	—
	—	6,750	6,799	—	—	—	—	—	—	—
	—	797.28	738.10	—	—	—	—	—	—	—
	—	3,224	3,498	—	—	—	—	—	—	—
	—	0.00	124.22	—	—	—	—	—	—	—
	—	0.00	124.22	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	21,604	17,805	—	—	—	—	—	—	—
Cash flow
	—	6,438	5,806	—	—	—	—	—	—	—
	—	-4,200	-3,971	—	—	—	—	—	—	—
	—	-2,206	-1,758	—	—	—	—	—	—	—
	—	2,035	1,176	—	—	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	5,419	5,302	5,013	4,731	4,292	3,807	5,268	4,662	4,001	2,856	3,579	3,347
	248.08	173.30	196.79	194.06	151.47	123.51	125.61	99.09	71.79	60.52	84.04	50.97
	5,668	5,476	5,210	4,925	4,444	3,930	5,393	4,761	4,073	2,917	3,663	3,398
	3,196	2,787	2,898	2,793	2,549	2,501	2,634	2,639	2,637	2,100	2,720	2,730
	808.36	728.54	666.46	604.59	564.91	551.79	578.51	506.32	491.29	487.20	680.75	649.32
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	407.85	395.48	466.27	369.14	440.35	445.44	413.25	429.79	476.39	466.67	512.47	439.06
	9.56	9.55	23.79	59.61	8.36	8.04	32.05	19.08	4.43	3.41	8.86	2.10
	177.74	182.35	211.18	182.09	173.75	178.34	87.80	285.65	179.83	174.30	240.02	153.79
	1,735	1,619	1,455	1,386	1,337	1,436	1,493	551.37	520.62	575.34	525.05	579.53
	2,471	2,689	2,311	2,132	1,895	1,429	2,760	2,122	1,437	817.01	942.67	668.21
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	426.81	—
	2,471	2,689	2,311	2,132	1,895	1,429	2,760	2,122	1,437	817.01	1,369	668.21
	636.25	686.52	593.60	530.62	462.06	365.41	681.27	539.00	374.37	215.79	353.65	179.74
	1,835	2,002	1,718	1,601	1,433	1,064	2,078	1,583	1,062	601.22	1,016	488.47
	9.99	10.90	9.35	8.72	7.80	5.79	11.32	8.62	5.78	3.27	5.53	2.66
Key metrics
	2,659	2,881	2,546	2,373	2,077	1,616	2,879	2,427	1,621	994.72	1,618	824.10
	49.10%	54.30%	50.80%	50.20%	48.40%	42.40%	54.70%	52.00%	40.50%	34.80%	45.20%	24.60%
	33.90%	37.80%	34.30%	33.80%	33.40%	27.90%	39.50%	34.00%	26.50%	21.10%	28.40%	14.60%
	9.20%	—	9.90%	—	8.80%	—	14.20%	—	—	—	—	—
	26.30%	39.30%	-4.80%	1.50%	7.30%	33.30%	47.20%	39.30%	—	—	—	—
	28.00%	88.20%	-17.40%	1.10%	34.90%	77.00%	104.60%	224.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	20,466	17,843	16,788	13,149	14,255	14,181	8,956	8,472	11,499	9,618
	812.23	665.83	357.01	250.71	235.63	297.42	146.60	272.58	325.87	299.65
	21,278	18,509	17,145	13,400	14,490	14,478	9,102	8,744	11,825	9,918
	11,675	10,741	10,010	11,043	12,536	10,523	7,786	8,518	9,085	8,703
	2,808	2,388	2,063	2,792	3,172	1,971	1,315	1,702	1,920	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	1,639	1,721	1,786	2,034	1,832	2,356	1,930	1,994	2,072	2,261
	102.51	99.80	58.97	17.21	12.92	23.12	7.08	5.74	2.38	1.95
	753.36	745.36	727.58	749.65	715.80	836.59	605.82	529.83	476.10	480.40
	6,196	5,614	5,463	2,049	2,126	2,065	1,295	1,687	1,693	1,699
	9,603	7,767	7,135	2,357	1,955	3,955	1,317	226.24	2,740	1,215
	0.00	0.00	0.00	426.81	—	—	—	—	—	824.08
	9,603	7,767	7,135	2,784	1,955	3,955	1,317	226.24	2,740	2,039
	2,447	1,952	1,810	723.62	410.50	1,003	16.99	88.01	1,008	696.42
	7,156	5,816	5,325	2,060	1,544	2,952	1,300	138.23	1,732	1,342
	38.96	31.67	28.99	11.22	8.41	16.07	6.97	0.74	9.06	—
Key metrics
	10,459	8,613	7,922	3,550	2,684	4,815	1,929	761.81	3,218	2,521
	51.11%	48.30%	47.20%	27.00%	18.80%	34.00%	21.50%	9.00%	28.00%	26.20%
	34.97%	32.60%	31.70%	15.70%	10.80%	20.80%	14.50%	1.60%	15.10%	14.00%
	—	33.40%	36.70%	—	—	—	—	—	—	—
	13.51%	6.30%	27.70%	-7.80%	0.50%	58.30%	5.70%	-26.30%	19.60%	—
	16.20%	9.20%	158.50%	33.40%	-47.70%	127.20%	840.10%	-92.00%	29.10%	—
	—	4,403	4,631	—	—	—	—	—	—	—
	—	1.11	1.09	—	—	—	—	—	—	—
	—	0.00	0.01	—	—	—	—	—	—	—
	—	-153.45	2.82	—	—	—	—	—	—	—
	—	25.6	29.6	—	—	—	—	—	—	—
Balance sheet
	—	26,803	23,122	—	—	—	—	—	—	—
	—	11,620	9,139	—	—	—	—	—	—	—
	—	153.45	121.40	—	—	—	—	—	—	—
	—	214.68	186.39	—	—	—	—	—	—	—
	—	1,835	1,909	—	—	—	—	—	—	—
	—	698.62	855.85	—	—	—	—	—	—	—
	—	6,750	6,799	—	—	—	—	—	—	—
	—	797.28	738.10	—	—	—	—	—	—	—
	—	3,224	3,498	—	—	—	—	—	—	—
	—	0.00	124.22	—	—	—	—	—	—	—
	—	0.00	124.22	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	21,863	18,046	—	—	—	—	—	—	—
Cash flow
	—	6,438	5,806	—	—	—	—	—	—	—
	—	-4,200	-3,971	—	—	—	—	—	—	—
	—	-2,206	-1,758	—	—	—	—	—	—	—
	—	2,035	1,176	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +7.77%
Sales CAGR 5Y: +14.78%
Profit CAGR 3Y: +55.58%
Profit CAGR 5Y: +34.95%
Sales YoY (TTM): +13.51%
Profit YoY (TTM): +16.20%

Consolidated

Sales CAGR 3Y: +7.77%
Sales CAGR 5Y: +14.78%
Profit CAGR 3Y: +59.28%
Profit CAGR 5Y: +34.86%
Sales YoY (TTM): +13.51%
Profit YoY (TTM): +17.06%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.28%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	51.28%	—	—
ICICI PRUDENTIAL S&P BSE 500 ETF	Public	1.95%	—	—
LIFE INSURANCE CORPORATION OF INDIA P&GS Fund	Public	1.51%	—	—
SBI LIFE INSURANCE CO LTD	Public	1.09%	—	—
PROPRIETORY FIRM	Public	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hindalco Industries Ltd.	2,09,442	932.00	12.77	9.50%	+20.28% TTM	-3.14% TTM	+12.16%
Vedanta Aluminium Metal Limited	1,47,324	376.75	—	—	—	—	—
National Aluminium Co. Ltd.	59,874	326.00	8.37	33.70%	+13.51% TTM	+17.06% TTM	+39.76%
Arfin India Limited S	1,590	94.22	80.53	20.50%	+54.53% TTM	+196.39% TTM	+71.34%
MAAN ALUMINIUM LIMITED S	585	97.47	41.65	8.00%	-1.80% TTM	-5.52% TTM	-33.78%
Msafe Equipments Limited S	580	284.30	20.95	30.30%	—	—	—
P.G.Foils Ltd. S	234	198.65	-73.30	1.10%	-18.64% TTM	-114.61% TTM	-15.03%
Manaksia Aluminium Company Ltd S	197	30.11	22.30	17.00%	+1.29% TTM	+28.26% TTM	+7.54%
Palco Metals Limited	89	221.85	11.19	37.00%	+9.81% TTM	+174.74% TTM	+52.16%
HIND ALUMINIUM INDUSTRIES LTD.	55	87.41	14.84	-1.20%	+196.65% TTM	-58.69% TTM	+34.04%
Sacheta Metals Ltd. S	45	3.60	22.50	7.40%	-0.42% TTM	-7.41% TTM	-22.08%
Jivial Industries Limited S	36	76.50	—	35.60%	—	—	—
Sudal Industries Limited S	34	46.02	21.40	16.90%	+19.09% TTM	-58.85% TTM	-50.52%
KANISHK ALUMINIUM INDIA LIMITED S	33	24.80	—	12.50%	—	—	—
Maitri Enterprises Limited	14	31.06	16.31	20.20%	+13.01% TTM	+223.53% TTM	-11.48%
Bothra Metals & Alloys Limited S	11	5.75	38.33	4.90%	—	—	-26.84%

Filings & corporate actions

Recent announcements

enclosed4 Nov 2026 · Company Update / Press Release / Media Release
Newspaper publication regarding financial result of quarter and half year ended 30.09.2026.4 Nov 2026 · Company Update / Newspaper Publication
Audio recording of the Earnings Conference Call held on 03.11.2026.3 Nov 2026 · Company Update / Analyst / Investor Meet
Newspaper publication regarding Notice of Record Date for Interim Dividend for FY 2026-27.3 Nov 2026 · Company Update / Newspaper Publication
Investor Presentation for the Earnings Call scheduled to be held today i.e. 03.11.2026.3 Nov 2026 · Company Update / Investor Presentation
NALCO scripts history with Best-ever Half-yearly Financial Results since Inception.3 Nov 2026 · Company Update / Press Release / Media Release
Record date for Interim Dividend for FY 2026-27.2 Nov 2026 · Corp. Action / Record Date
Declaration of Interim Dividend for the Financial year 2026-27.2 Nov 2026 · Corp. Action / Dividend
Unaudited Financial Results (Standalone & Consolidated) for the 2nd quarter and half year ended 30th September, 2026.2 Nov 2026 · Result / Financial Results
Outcome of the meeting of the Board of Directors held on 02.11.2026.2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation about Earnings Conference Call on 03.11.202628 Oct 2026 · Company Update / Analyst / Investor Meet
National Aluminium Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve Unaudited (Standalone ....22 Oct 2026 · Board Meeting / Board Meeting
Comments by the Board on the fine levied by the Exchanges13 Oct 2026 · Company Update / General
Certificate under Reg.74(5)8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding change in Senior Management30 Sep 2026 · Company Update / General
Press Release28 Sep 2026 · Company Update / Press Release / Media Release
Intimation regarding change in Management25 Sep 2026 · Company Update / Change in Management
Intimation regarding closure of Trading Window23 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Appointment of Joint Statutory Auditors for F.Y. 2026-2714 Sep 2026 · Company Update / Change in Management
Copy of presentation proposed to be made during the Investors' Meet - 2026 hosted by Antique Stock Broking scheduled to be held on Wednesday, 16th September, 202614 Sep 2026 · Company Update / Analyst / Investor Meet
Minutes of 45th AGM of the Company14 Sep 2026 · AGM/EGM / AGM
Intimation about Investors'' Meet schedule to be held on 16.09.2026.8 Sep 2026 · Company Update / Analyst / Investor Meet
NALCO Signs Technology Partnership Agreement with Emirates Global Aluminium.7 Sep 2026 · Company Update / Press Release / Media Release
Press Release31 Aug 2026 · Company Update / Press Release / Media Release
Voting Result of 45th AGM31 Aug 2026 · AGM/EGM / AGM
Change in Senior Management31 Aug 2026 · Company Update / General
AGM Proceedings31 Aug 2026 · AGM/EGM / AGM
Chairman Speech31 Aug 2026 · AGM/EGM / AGM
Imposition of Fine by NSE26 Aug 2026 · Company Update / General
Imposition of fine by BSE25 Aug 2026 · Company Update / General
Newspaper publication: Addendum to the notice of 45th AGM24 Aug 2026 · AGM/EGM / AGM
Addendum to the Notice of the 45th AGM scheduled to be held on 31/08/202618 Aug 2026 · AGM/EGM / AGM
Brief profile of Shri Neeraj, Independent Director18 Aug 2026 · Company Update / Change in Management
Appointment of Shri Neeraj as Independent Director on the Board of NALCO14 Aug 2026 · Company Update / Change in Management
Intimation under Regulation 30(11).12 Aug 2026 · Others
Newspaper publication for dispatch of Notice for 45th AGM10 Aug 2026 · AGM/EGM / AGM
Annual Report for FY 2025-26 to shareholders whose email IDs are not registered.10 Aug 2026 · AGM/EGM / AGM
BRSR for the FY 2025-26.7 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for the Financial Year 2025-267 Aug 2026 · Others / Reg. 34 (1) Annual Report
45th AGM Notice and Annual Report for FY 2025-26.7 Aug 2026 · AGM/EGM / AGM

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 4.5000	6 Nov 2026	6 Nov 2026	—
Final Dividend - Rs. - 1.0000	24 Aug 2026	24 Aug 2026	—
Interim Dividend - Rs. - 2.0000	8 May 2026	8 May 2026	—
Interim Dividend - Rs. - 4.5000	6 Feb 2026	6 Feb 2026	—
Interim Dividend - Rs. - 4.0000	14 Nov 2025	14 Nov 2025	—
Final Dividend - Rs. - 2.5000	19 Sep 2025	19 Sep 2025	—
Interim Dividend - Rs. - 4.0000	14 Feb 2025	14 Feb 2025	—
Interim Dividend - Rs. - 4.0000	29 Nov 2024	29 Nov 2024	—
Final Dividend - Rs. - 2.0000	20 Sep 2024	—	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results