National Aluminium Company Ltd

National Aluminium is engaged in the business of manufacturing and selling of Alumina and Aluminium.

Pros:
Company is virtually debt free.
Stock is trading at 0.81 times its book value
Stock is providing a good dividend yield of 12.91%.
Company has been maintaining a healthy dividend payout of 76.17%
Cons:
Promoter's stake has decreased
The company has delivered a poor growth of 6.57% over past five years.
Company has a low return on equity of 6.18% for last 3 years.

Peer Comparison Sector: Non Ferrous Metals // Industry: Aluminium and Aluminium Products

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019
1,530 1,846 1,988 2,550 1,803 2,455 2,389 2,863 2,973 3,041 2,719 2,766
1,335 1,674 1,703 2,122 1,575 2,119 2,045 2,373 1,962 2,190 2,206 2,249
Operating Profit 195 172 285 427 228 335 344 490 1,011 851 513 518
OPM % 13% 9% 14% 17% 13% 14% 14% 17% 34% 28% 19% 19%
Other Income 134 137 39 59 86 97 878 64 153 90 76 7
Interest 1 1 1 1 0 0 1 1 1 1 1 1
Depreciation 119 135 118 109 117 112 124 127 122 116 118 120
Profit before tax 209 173 206 377 196 320 1,097 426 1,042 825 470 403
Tax % 35% 30% 30% 29% 34% 27% 34% 40% 34% 38% 36% 42%
Net Profit 135 121 144 268 129 235 722 257 687 510 302 234
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
5,943 4,990 5,095 5,056 6,057 6,612 6,916 6,781 7,383 6,818 7,543 9,509 11,499
2,363 2,737 3,326 3,976 4,364 5,475 5,841 5,693 5,510 5,858 6,463 8,158 8,607
Operating Profit 3,580 2,253 1,769 1,079 1,693 1,136 1,075 1,087 1,873 960 1,080 1,351 2,893
OPM % 60% 45% 35% 21% 28% 17% 16% 16% 25% 14% 14% 14% 25%
Other Income 403 557 513 480 353 660 511 558 821 658 368 1,170 326
Interest 46 62 82 85 101 132 176 203 167 3 3 2 2
Depreciation 317 281 272 319 422 467 505 525 414 426 480 480 476
Profit before tax 3,620 2,467 1,927 1,155 1,524 1,198 905 918 2,113 1,189 965 2,039 2,740
Tax % 34% 34% 34% 30% 30% 29% 34% 30% 37% 34% 31% 34%
Net Profit 2,381 1,632 1,272 814 1,069 850 593 642 1,322 787 669 1,342 1,732
EPS in Rs 8.96 6.08 4.73 3.05 3.98 3.14 2.09 2.24 4.78 2.80 2.89 5.99
Dividend Payout % 20% 24% 25% 20% 36% 30% 54% 60% 34% 65% 81% 82%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:6.66%
5 Years:6.57%
3 Years:8.80%
TTM:20.93%
Compounded Profit Growth
10 Years:-7.87%
5 Years:5.41%
3 Years:-14.83%
TTM:29.05%
Return on Equity
10 Years:7.40%
5 Years:6.60%
3 Years:6.18%
Last Year:6.94%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
644 644 644 644 1,289 1,289 1,289 1,289 1,289 1,289 966 966 933
Reserves 7,051 8,230 9,126 9,751 9,876 10,426 10,644 10,834 11,509 11,906 9,239 9,538 9,552
Borrowings 0 0 0 9 15 0 0 0 0 0 51 45 67
1,899 2,148 2,630 2,996 3,938 3,994 4,618 4,681 3,550 3,752 4,505 4,414 4,596
Total Liabilities 9,594 11,023 12,400 13,400 15,117 15,709 16,551 16,804 16,347 16,947 14,762 14,964 15,147
3,712 3,532 4,032 4,836 5,494 6,612 6,629 6,792 6,645 6,596 7,144 7,139 7,325
CWIP 840 2,335 2,837 2,243 1,707 684 1,002 769 550 688 566 915 844
Investments 0 115 896 987 1,332 754 1,490 1,245 951 1,010 1,261 711 257
5,042 5,041 4,636 5,333 6,585 7,658 7,430 7,998 8,201 8,653 5,791 6,199 6,722
Total Assets 9,594 11,023 12,400 13,400 15,117 15,709 16,551 16,804 16,347 16,947 14,762 14,964 15,147

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
2,724 1,902 1,938 1,172 1,630 887 441 981 520 881 1,436 1,467
-642 -1,544 -2,198 -593 -768 -82 -877 78 566 314 1,550 -366
-589 -528 -388 -295 -219 -431 -229 -515 -506 -544 -3,616 -1,100
Net Cash Flow 1,493 -170 -647 283 643 373 -664 544 580 651 -630 1

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 54% 31% 22% 12% 15% 11% 9% 9% 16% 9% 9% 12%
Debtor Days 2 4 2 13 7 8 8 13 6 13 9 10
Inventory Turnover 9.70 7.55 6.53 5.56 6.01 5.83 5.37 5.31 6.31 6.14 6.82 8.09