National Aluminium Company Ltd

National Aluminium Company Ltd

₹ 188 2.40%
24 Apr 3:15 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 34,483 Cr.
  • Current Price 188
  • High / Low 191 / 79.2
  • Stock P/E 23.1
  • Book Value 73.3
  • Dividend Yield 2.49 %
  • ROCE 14.4 %
  • ROE 11.2 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 49.2%

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

Consolidated Figures in Rs. Crores / View Standalone

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 2,936 3,200 2,849 2,931 2,600 2,666 2,592
Operating Profit 434 944 581 1,127 1,190 1,627 859 290 448 740 579 378 755
OPM % 18% 33% 23% 31% 32% 37% 23% 8% 14% 20% 18% 12% 23%
36 53 32 43 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 299 838 461 1,016 1,109 1,368 757 201 347 539 455 256 650
Tax % 20% -12% 25% 26% 25% 25% 26% 38% 26% 8% 27% 27% 28%
240 936 347 748 831 1,025 558 125 256 495 334 187 471
EPS in Rs 1.28 5.09 1.89 4.07 4.52 5.58 3.04 0.68 1.40 2.70 1.82 1.02 2.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
7,383 6,817 7,543 9,509 11,499 8,472 8,956 14,215 14,255 13,240
5,510 5,858 6,464 8,113 8,607 7,985 7,174 9,665 11,917 10,788
Operating Profit 1,873 959 1,079 1,397 2,893 487 1,782 4,550 2,338 2,451
OPM % 25% 14% 14% 15% 25% 6% 20% 32% 16% 19%
821 659 368 1,124 327 273 147 264 236 224
Interest 167 3 3 2 2 6 7 23 13 9
Depreciation 414 426 480 480 476 530 606 837 716 765
Profit before tax 2,113 1,189 964 2,039 2,741 224 1,316 3,954 1,845 1,901
Tax % 37% 34% 31% 34% 37% 39% 1% 25% 22%
1,322 787 668 1,342 1,734 136 1,299 2,951 1,435 1,487
EPS in Rs 5.13 3.05 3.45 6.94 9.29 0.73 7.07 16.07 7.81 8.10
Dividend Payout % 34% 65% 81% 82% 62% 205% 49% 40% 58%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 19%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 119%
TTM: -24%
Stock Price CAGR
10 Years: 16%
5 Years: 28%
3 Years: 48%
1 Year: 124%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 16%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1,289 1,289 966 966 933 933 918 918 918 918
Reserves 11,509 11,906 9,239 9,537 9,552 9,054 9,761 11,634 12,208 12,544
0 0 51 45 67 12 102 77 105 96
3,380 3,515 4,245 4,064 4,596 4,549 3,928 4,857 4,396 4,695
Total Liabilities 16,178 16,710 14,501 14,613 15,147 14,548 14,709 17,487 17,627 18,253
6,645 6,596 7,144 7,139 7,286 7,485 7,660 7,343 7,303 8,057
CWIP 550 688 566 915 883 1,427 1,575 2,235 3,269 3,191
Investments 950 1,011 1,260 710 257 331 560 375 359 550
8,032 8,416 5,531 5,849 6,722 5,306 4,913 7,534 6,696 6,455
Total Assets 16,178 16,710 14,501 14,613 15,147 14,548 14,709 17,487 17,627 18,253

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
520 881 1,436 1,590 2,409 -349 2,199 4,050 908
566 314 1,550 -490 -532 873 -1,404 -2,736 -334
-506 -544 -3,616 -1,100 -1,731 -677 -601 -1,114 -924
Net Cash Flow 580 651 -630 1 146 -153 195 199 -350

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 6 13 9 10 8 6 6 2 2
Inventory Days 411 352 389 288 231 463 411 324 213
Days Payable 155 213 284 232 245 211 262 287 146
Cash Conversion Cycle 262 151 114 66 -7 258 156 39 69
Working Capital Days 8 10 -22 -10 -26 -8 13 -15 5
ROCE % 9% 9% 11% 26% 2% 13% 34% 14%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28% 51.28%
8.64% 15.22% 13.30% 18.03% 16.71% 14.69% 15.05% 15.95% 14.95% 13.68% 11.56% 8.99%
11.46% 10.34% 10.39% 8.76% 10.13% 12.58% 12.49% 13.30% 15.38% 17.47% 18.80% 18.82%
28.63% 23.16% 25.03% 21.93% 21.88% 21.45% 21.17% 19.48% 18.40% 17.57% 18.38% 20.93%
No. of Shareholders 3,46,7353,96,0845,80,8745,61,8426,14,8356,77,7846,79,5476,62,3406,44,0396,36,8566,92,1228,76,645

* 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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