National Aluminium Company Ltd

National Aluminium Company Ltd

₹ 159 -1.64%
23 Feb 4:01 p.m.
About

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

Key Points

Business Overview:[1]
Company is a Navaratna Central Public
Sector Enterprise (CPSE) under Ministry
of Mines, and is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in India and is present in the the entire value chain from bauxite mining, alumina refining, aluminium smelting, power generation to downstream
products

  • Market Cap 29,175 Cr.
  • Current Price 159
  • High / Low 169 / 75.7
  • Stock P/E 18.6
  • Book Value 74.1
  • Dividend Yield 2.83 %
  • ROCE 15.1 %
  • ROE 12.0 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 47.8%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2,379 2,821 2,475 3,592 3,773 4,351 3,795 3,490 3,297 3,671 3,178 3,043 3,347
1,945 1,877 1,894 2,465 2,583 2,724 2,916 3,155 2,832 2,904 2,584 2,647 2,574
Operating Profit 434 944 581 1,127 1,191 1,627 880 334 466 767 594 397 773
OPM % 18% 33% 23% 31% 32% 37% 23% 10% 14% 21% 19% 13% 23%
36 53 32 42 72 142 52 69 61 56 49 69 51
Interest 2 2 2 2 2 16 4 4 4 1 2 4 2
Depreciation 170 157 149 152 151 384 150 154 157 255 170 186 154
Profit before tax 299 838 462 1,016 1,109 1,368 778 246 365 566 471 275 668
Tax % 20% -12% 25% 26% 25% 25% 26% 31% 25% 8% 26% 25% 27%
240 936 348 748 831 1,026 579 170 274 522 349 206 488
EPS in Rs 1.29 5.09 1.89 4.07 4.52 5.58 3.15 0.93 1.49 2.84 1.90 1.12 2.66
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
6,612 6,916 6,781 7,383 6,818 7,543 9,509 11,499 8,472 8,956 14,215 14,255 13,240
5,335 5,841 5,644 5,759 5,911 6,463 8,112 8,607 7,983 7,174 9,664 11,807 10,709
Operating Profit 1,277 1,075 1,137 1,624 907 1,080 1,397 2,893 489 1,782 4,550 2,448 2,530
OPM % 19% 16% 17% 22% 13% 14% 15% 25% 6% 20% 32% 17% 19%
520 511 508 1,070 711 368 1,124 326 273 147 264 236 224
Interest 132 176 203 167 3 3 2 2 6 7 23 13 9
Depreciation 467 505 525 414 426 480 480 476 530 606 837 716 765
Profit before tax 1,198 905 918 2,113 1,189 965 2,039 2,740 226 1,317 3,955 1,955 1,980
Tax % 29% 34% 30% 37% 34% 31% 34% 37% 39% 1% 25% 21%
850 593 642 1,322 787 669 1,342 1,732 138 1,300 2,952 1,544 1,566
EPS in Rs 3.30 2.30 2.49 5.13 3.05 3.46 6.94 9.29 0.74 7.08 16.07 8.41 8.52
Dividend Payout % 30% 54% 60% 34% 65% 81% 82% 62% 202% 49% 40% 54%
Compounded Sales Growth
10 Years: 8%
5 Years: 8%
3 Years: 19%
TTM: -11%
Compounded Profit Growth
10 Years: 11%
5 Years: 17%
3 Years: 124%
TTM: -24%
Stock Price CAGR
10 Years: 17%
5 Years: 27%
3 Years: 42%
1 Year: 94%
Return on Equity
10 Years: 10%
5 Years: 14%
3 Years: 17%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1,289 1,289 1,289 1,289 1,289 966 966 933 933 918 918 918 918
Reserves 10,426 10,644 10,834 11,509 11,906 9,239 9,538 9,552 9,055 9,762 11,636 12,320 12,690
0 0 0 0 0 51 45 67 12 102 77 105 96
3,806 4,400 4,426 3,380 3,515 4,245 4,064 4,596 4,549 3,928 4,857 4,396 4,695
Total Liabilities 15,521 16,333 16,549 16,178 16,710 14,502 14,614 15,147 14,550 14,711 17,489 17,739 18,399
6,612 6,629 6,792 6,645 6,596 7,144 7,139 7,286 7,485 7,660 7,343 7,303 8,057
CWIP 684 1,002 769 550 688 566 915 883 1,427 1,575 2,235 3,269 3,191
Investments 754 1,490 1,245 951 1,010 1,261 711 257 332 562 377 471 697
7,470 7,212 7,743 8,031 8,416 5,531 5,849 6,722 5,306 4,913 7,534 6,696 6,455
Total Assets 15,521 16,333 16,549 16,178 16,710 14,502 14,614 15,147 14,550 14,711 17,489 17,739 18,399

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
887 441 981 520 881 1,436 1,590 2,409 -349 2,199 4,050 908
-82 -877 78 566 314 1,550 -490 -532 873 -1,404 -2,736 -334
-431 -229 -515 -506 -544 -3,616 -1,100 -1,731 -677 -601 -1,114 -924
Net Cash Flow 373 -664 544 580 651 -630 1 146 -153 195 199 -350

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 8 8 13 6 13 9 10 8 6 6 2 2
Inventory Days 422 457 382 411 352 389 288 231 463 411 324 213
Days Payable 150 168 173 155 213 284 232 245 211 262 287 146
Cash Conversion Cycle 280 296 222 262 151 114 66 -7 258 156 39 69
Working Capital Days -32 -54 -60 8 10 -22 -10 -26 -8 13 -15 5
ROCE % 11% 9% 9% 16% 9% 9% 12% 26% 2% 13% 34% 15%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28%
8.38% 8.64% 15.22% 13.30% 18.03% 16.71% 14.69% 15.05% 15.95% 14.95% 13.68% 11.56%
9.64% 11.46% 10.34% 10.39% 8.76% 10.13% 12.58% 12.49% 13.30% 15.38% 17.47% 18.80%
30.70% 28.63% 23.16% 25.03% 21.93% 21.88% 21.45% 21.17% 19.48% 18.40% 17.57% 18.38%
No. of Shareholders 3,05,8823,46,7353,96,0845,80,8745,61,8426,14,8356,77,7846,79,5476,62,3406,44,0396,36,8566,92,122

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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