About
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.
Key Metrics
as of Sep 2026Market Cap68,800 Cr
P/E10.20
Div Yield3.07 %
Book Value₹118.00
52w High₹445.00
52w Low₹199.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,302.00 | 5,013.00 | 4,731.00 | 4,292.00 | 3,807.00 | 5,268.00 | 4,662.00 | 4,001.00 | 2,856.00 | 3,579.00 | 3,348.00 | 3,043.00 | 3,179.00 |
| Expenses | 2,595.00 | 2,663.00 | 2,552.00 | 2,366.00 | 2,315.00 | 2,514.00 | 2,335.00 | 2,452.00 | 1,922.00 | 2,472.00 | 2,574.00 | 2,647.00 | 2,584.00 |
| Operating Profit | 2,708.00 | 2,349.00 | 2,179.00 | 1,926.00 | 1,492.00 | 2,754.00 | 2,328.00 | 1,549.00 | 934.00 | 1,108.00 | 774.00 | 397.00 | 595.00 |
| OPM % | 51.00 | 47.00 | 46.00 | 45.00 | 39.00 | 52.00 | 50.00 | 39.00 | 33.00 | 31.00 | 23.00 | 13.00 | 19.00 |
| Other Income | 173.00 | 197.00 | 194.00 | 151.00 | 124.00 | 126.00 | 99.00 | 72.00 | 61.00 | 511.00 | 50.00 | 69.00 | 48.00 |
| Depreciation | 182.00 | 211.00 | 182.00 | 174.00 | 178.00 | 88.00 | 286.00 | 180.00 | 174.00 | 240.00 | 154.00 | 186.00 | 170.00 |
| Interest | 10.00 | 24.00 | 60.00 | 8.00 | 8.00 | 32.00 | 19.00 | 4.00 | 3.00 | 9.00 | 2.00 | 4.00 | 2.00 |
| Profit before tax | 2,689.00 | 2,311.00 | 2,132.00 | 1,895.00 | 1,429.00 | 2,760.00 | 2,122.00 | 1,437.00 | 817.00 | 1,369.00 | 668.00 | 275.00 | 471.00 |
| Tax % | 26.00 | 26.00 | 25.00 | 24.00 | 26.00 | 25.00 | 25.00 | 26.00 | 26.00 | 26.00 | 27.00 | 25.00 | 26.00 |
| Net Profit | 2,002.00 | 1,718.00 | 1,601.00 | 1,433.00 | 1,064.00 | 2,078.00 | 1,583.00 | 1,062.00 | 601.00 | 1,016.00 | 488.00 | 206.00 | 349.00 |
| EPS in Rs | 10.90 | 9.35 | 8.72 | 7.80 | 5.79 | 11.32 | 8.62 | 5.78 | 3.27 | 5.53 | 2.66 | 1.12 | 1.90 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17,843.00 | 16,788.00 | 13,149.00 | 14,257.00 | 14,215.00 | 8,956.00 | 8,472.00 | 11,499.00 | 9,509.00 | 7,543.00 | 6,818.00 | 7,383.00 |
| Expenses | 9,896.00 | 9,223.00 | 10,276.00 | 11,807.00 | 9,664.00 | 7,173.00 | 7,983.00 | 8,607.00 | 8,112.00 | 6,463.00 | 5,911.00 | 5,759.00 |
| Operating Profit | 7,947.00 | 7,565.00 | 2,873.00 | 2,450.00 | 4,550.00 | 1,783.00 | 489.00 | 2,893.00 | 1,397.00 | 1,080.00 | 907.00 | 1,624.00 |
| OPM % | 45.00 | 45.00 | 22.00 | 17.00 | 32.00 | 20.00 | 6.00 | 25.00 | 15.00 | 14.00 | 13.00 | 22.00 |
| Other Income | 666.00 | 357.00 | 678.00 | 234.00 | 264.00 | 147.00 | 273.00 | 326.00 | 1,124.00 | 368.00 | 711.00 | 1,070.00 |
| Interest | 100.00 | 59.00 | 17.00 | 13.00 | 23.00 | 7.00 | 6.00 | 2.00 | 2.00 | 3.00 | 3.00 | 167.00 |
| Depreciation | 745.00 | 728.00 | 750.00 | 716.00 | 837.00 | 606.00 | 530.00 | 476.00 | 480.00 | 480.00 | 426.00 | 414.00 |
| Profit before tax | 7,767.00 | 7,135.00 | 2,784.00 | 1,955.00 | 3,955.00 | 1,317.00 | 226.00 | 2,740.00 | 2,039.00 | 965.00 | 1,189.00 | 2,113.00 |
| Tax % | 25.00 | 25.00 | 26.00 | 21.00 | 25.00 | 1.00 | 39.00 | 37.00 | 34.00 | 31.00 | 34.00 | 37.00 |
| Net Profit | 5,816.00 | 5,325.00 | 2,060.00 | 1,544.00 | 2,952.00 | 1,300.00 | 138.00 | 1,732.00 | 1,342.00 | 669.00 | 787.00 | 1,322.00 |
| EPS in Rs | 31.67 | 28.99 | 11.22 | 8.41 | 16.07 | 7.08 | 0.74 | 9.29 | 6.94 | 3.46 | 3.05 | 5.13 |
| Dividend Payout % | 36.00 | 36.00 | 45.00 | 54.00 | 40.00 | 49.00 | 202.00 | 62.00 | 82.00 | 81.00 | 65.00 | 34.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 918.00 | 918.00 | 918.00 | 918.00 | 918.00 | 918.00 | 933.00 | 933.00 | 966.00 | 966.00 | 1,289.00 | 1,289.00 |
| Reserves | 20,944.00 | 17,127.00 | 13,653.00 | 12,320.00 | 11,636.00 | 9,762.00 | 9,055.00 | 9,552.00 | 9,538.00 | 9,239.00 | 11,906.00 | 11,509.00 |
| Borrowings | 60.00 | 182.00 | 96.00 | 105.00 | 77.00 | 46.00 | 12.00 | 67.00 | 45.00 | 51.00 | 0.00 | 0.00 |
| Other Liabilities | 4,881.00 | 4,895.00 | 4,751.00 | 4,396.00 | 4,857.00 | 3,984.00 | 4,549.00 | 4,596.00 | 4,064.00 | 4,245.00 | 3,515.00 | 3,380.00 |
| Total Liabilities | 26,803.00 | 23,122.00 | 19,419.00 | 17,739.00 | 17,489.00 | 14,711.00 | 14,550.00 | 15,147.00 | 14,614.00 | 14,502.00 | 16,710.00 | 16,178.00 |
| Fixed Assets | 7,551.00 | 7,651.00 | 7,383.00 | 7,303.00 | 7,343.00 | 7,660.00 | 7,485.00 | 7,286.00 | 7,139.00 | 7,144.00 | 6,596.00 | 6,645.00 |
| CWIP | 6,395.00 | 5,033.00 | 4,573.00 | 3,269.00 | 2,235.00 | 1,575.00 | 1,427.00 | 883.00 | 915.00 | 566.00 | 688.00 | 550.00 |
| Investments | 793.00 | 1,015.00 | 525.00 | 471.00 | 377.00 | 562.00 | 332.00 | 257.00 | 711.00 | 1,261.00 | 1,010.00 | 951.00 |
| Other Assets | 12,065.00 | 9,424.00 | 6,938.00 | 6,696.00 | 7,534.00 | 4,913.00 | 5,306.00 | 6,722.00 | 5,849.00 | 5,531.00 | 8,416.00 | 8,031.00 |
| Total Assets | 26,803.00 | 23,122.00 | 19,419.00 | 17,739.00 | 17,489.00 | 14,711.00 | 14,550.00 | 15,147.00 | 14,614.00 | 14,502.00 | 16,710.00 | 16,178.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6,438.00 | 5,806.00 | 2,727.00 | 908.00 | 4,050.00 | 2,199.00 | -349.00 | 2,409.00 | 1,590.00 | 1,436.00 | 881.00 | 520.00 |
| Cash from Investing Activity | -4,200.00 | -3,971.00 | -2,000.00 | -334.00 | -2,736.00 | -1,404.00 | 873.00 | -532.00 | -490.00 | 1,550.00 | 314.00 | 566.00 |
| Cash from Financing Activity | -2,206.00 | -1,758.00 | -747.00 | -924.00 | -1,114.00 | -600.00 | -677.00 | -1,731.00 | -1,100.00 | -3,616.00 | -544.00 | -506.00 |
| Net Cash Flow | 32.00 | 78.00 | -20.00 | -350.00 | 199.00 | 195.00 | -153.00 | 146.00 | 1.00 | -630.00 | 651.00 | 580.00 |
| Free Cash Flow | 4,413.00 | 4,641.00 | 1,083.00 | -617.00 | 2,774.00 | 992.00 | -1,195.00 | 1,649.00 | 765.00 | 674.00 | 330.00 | 217.00 |
| CFO/OP % | 105.00 | 99.00 | 117.00 | 68.00 | 106.00 | 129.00 | -51.00 | 119.00 | 148.00 | 153.00 | 137.00 | 62.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 | 6.00 | 6.00 | 8.00 | 10.00 | 9.00 | 13.00 | 6.00 |
| Inventory Days | 261.00 | 353.00 | 253.00 | 213.00 | 324.00 | 411.00 | 463.00 | 231.00 | 288.00 | 389.00 | 352.00 | 411.00 |
| Days Payable | 114.00 | 137.00 | 99.00 | 146.00 | 287.00 | 262.00 | 211.00 | 245.00 | 232.00 | 284.00 | 213.00 | 155.00 |
| Cash Conversion Cycle | 152.00 | 221.00 | 157.00 | 69.00 | 39.00 | 156.00 | 258.00 | -7.00 | 66.00 | 114.00 | 151.00 | 262.00 |
| Working Capital Days | -6.00 | -7.00 | 4.00 | 4.00 | -15.00 | 11.00 | -9.00 | -28.00 | -11.00 | -24.00 | 10.00 | 8.00 |
| ROCE % | 39.00 | 44.00 | 17.00 | 15.00 | 34.00 | 13.00 | 2.00 | 26.00 | 12.00 | 9.00 | 9.00 | 16.00 |
Corporate Actions
50 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 24 Aug 2026 | 24 Aug 2026 | — | 1.00 | |
| Dividend | 08 May 2026 | 08 May 2026 | — | 2.00 | |
| Dividend | 06 Feb 2026 | 06 Feb 2026 | — | 4.50 | |
| Dividend | 14 Nov 2025 | 14 Nov 2025 | — | 4.00 | |
| Dividend | 19 Sep 2025 | 19 Sep 2025 | — | 2.50 | |
| Dividend | 14 Feb 2025 | 14 Feb 2025 | — | 4.00 | |
| Dividend | 29 Nov 2024 | 29 Nov 2024 | — | 4.00 | |
| Dividend | 20 Sep 2024 | — | — | 2.00 | |
| Dividend | 23 Feb 2024 | 23 Feb 2024 | — | 2.00 | |
| Dividend | 22 Nov 2023 | 22 Nov 2023 | — | 1.00 | |
| Dividend | 15 Sep 2023 | — | — | 1.00 | |
| Dividend | 21 Mar 2023 | 21 Mar 2023 | — | 2.50 | |
| Dividend | 25 Jan 2023 | 27 Jan 2023 | — | 1.00 | |
| Dividend | 15 Sep 2022 | — | — | 1.50 | |
| Dividend | 17 Feb 2022 | 18 Feb 2022 | — | 3.00 | |
| Dividend | 24 Nov 2021 | 25 Nov 2021 | — | 2.00 | |
| Dividend | 23 Sep 2021 | — | — | 1.00 | |
| Dividend | 22 Mar 2021 | 23 Mar 2021 | — | 2.00 | |
| Other | 05 Feb 2021 | 08 Feb 2021 | — | — | Buy Back of Shares |
| Other | 05 Feb 2021 | 08 Feb 2021 | — | — | Buyback |
| Dividend | 01 Dec 2020 | 02 Dec 2020 | — | 0.50 | |
| Other | 24 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 18 Feb 2020 | 20 Feb 2020 | — | 1.50 | |
| Dividend | 11 Sep 2019 | — | — | 1.25 | |
| Dividend | 11 Mar 2019 | 12 Mar 2019 | — | 4.50 | |
| Other | 25 Oct 2018 | 26 Oct 2018 | — | — | Buy Back of Shares |
| Other | 25 Oct 2018 | 26 Oct 2018 | — | — | Buy Back |
| Dividend | 23 Aug 2018 | — | — | 1.00 | |
| Dividend | 16 Feb 2018 | 20 Feb 2018 | — | 4.70 | |
| Other | 18 Sep 2017 | — | — | — | Annual General Meeting |
| Dividend | 09 Mar 2017 | 10 Mar 2017 | — | 2.80 | |
| Dividend | 27 Sep 2016 | — | — | 0.75 | |
| Other | 28 Jul 2016 | 29 Jul 2016 | — | — | Buy Back of Shares |
| Other | 28 Jul 2016 | 29 Jul 2016 | — | — | Buy Back |
| Dividend | 23 Mar 2016 | 28 Mar 2016 | — | 1.25 | |
| Dividend | 18 Sep 2015 | — | — | 0.50 | |
| Dividend | 18 Mar 2015 | 19 Mar 2015 | — | 1.25 | |
| Dividend | 12 Sep 2014 | — | — | 0.40 | |
| Dividend | 05 Mar 2014 | 06 Mar 2014 | — | 1.10 | |
| Dividend | 20 Sep 2013 | — | — | 0.50 | |
| Dividend | 26 Mar 2013 | 28 Mar 2013 | — | 0.75 | |
| Dividend | 03 Aug 2012 | — | — | 0.10 | |
| Dividend | 22 Mar 2012 | 26 Mar 2012 | — | 0.90 | |
| Dividend | 16 Sep 2011 | — | — | 0.50 | |
| Split | 15 Mar 2011 | 16 Mar 2011 | 10:5 | — | |
| Bonus | 15 Mar 2011 | 16 Mar 2011 | 1:1 | — | |
| Dividend | 07 Feb 2011 | 08 Feb 2011 | — | 2.00 | |
| Dividend | 27 Aug 2010 | — | — | 1.00 | |
| Dividend | 23 Mar 2010 | 25 Mar 2010 | — | 1.50 | |
| Dividend | 04 Sep 2009 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update4 Nov 2025 from fitch
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Rating update8 Aug 2024 from fitch
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Rating update22 Sep 2023 from fitch
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Rating update24 Jul 2023 from fitch
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Rating update10 May 2022 from fitch
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Rating update18 Feb 2021 from fitch