National Aluminium Company logo

National Aluminium Company share price

NSE: NATIONALUMBSE: 532234Non - Ferrous MetalsMid Cap

Last close ₹301.75down ₹9.15 (2.94%)BSE ₹301.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹310.90.

52-week range of traded prices to 23 Oct 2026
₹227.35Low, 23 Oct 2025₹445.15High, 27 Apr 2026
Market cap
₹55,420 Cr151st largest listed
P/E
8.2
P/B
2.6
Dividend yield
3.81%
ROE
34.3%
ROCE
38.9%
Debt to equity
0.00
Volume, NSE
63,82,39538.0% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+32.2%over a year · Nifty Metal +12.1% · Nifty 500 −9.8%

Results20-session average 49,36,825 shares a day, 46.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹5,302 Crup 5.78%
Net profit
₹2,003 Crup 16.30%
Net margin
37.8%

Revenue by year

Peak revenue ₹17,843 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 10 FebMar 2025Filed 12 JunJun 2025Filed 7 AugSep 2025Filed 7 NovDec 2025Filed 30 JanMar 2026Filed 16 MayJun 2026Filed 31 Jul
Revenue4,0014,6625,2683,8074,2924,7315,0135,302
Net profit1,0461,5662,0671,0491,4301,5951,7222,003
Net margin26.1%33.6%39.2%27.6%33.3%33.7%34.4%37.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Aluminium₹12,945 Crup 16.48%65.9%
  • Chemicals₹6,694 Crdown 12.00%34.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 28% of 2,480 trading days over the last 10 years.

LowestHighest
Its median12.9Industry median19.1
Price to book

At or below today's level on 86% of 1,970 trading days since Nov 2018.

LowestHighest
Its median1.3Industry median1.9
EV to EBITDA5.1

At or below today's level on 45% of 1,970 trading days since Nov 2018.

LowestHighest
Its median5.5Industry median11.3
Dividend yield

At or below today's level on 32% of 2,480 trading days over the last 10 years.

LowestHighest
Its median4.95%Industry median0.46%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+122.9%+10.0%+99.9%3.0%
3 years+74.2%+59.3%+6.8%4.1%
5 years+52.8%+35.3%+9.5%4.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters51.28%
  • Foreign institutions21.97%
  • Indian institutions11.71%
  • Individuals and others15.04%
Holder
PRESIDENT OF INDIAPromoter51.28%
LIFE INSURANCE CORPORATION OF INDIA P&GS FundInsurance companies1.51%
SBI LIFE INSURANCE CO LTDInsurance companies1.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

250 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 141 of the 162 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
7
Bought again
6
Added
82
Cut
80
Held unchanged
74
Sold out
4
Fund
ICICI Prudential Mutual Fund logoBharat 22 ETFICICI Prudential Mutual Fund1,33,16,2754.78%₹455.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund1,23,60,4681.33%₹421.4 Cr
UTI Mutual Fund logoUTI Nifty 200 Momentum 30 Index FundUTI Mutual Fund61,92,8302.65%₹211.1 Cr
SBI Mutual Fund logoSBI PSU FundSBI Mutual Fund45,50,0002.44%₹155.1 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund36,80,6250.17%₹125.5 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund34,00,0000.84%₹115.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Commodities FundICICI Prudential Mutual Fund29,06,9922.40%₹99.1 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund28,99,3360.28%₹98.9 Cr
DSP Mutual Fund logoDSP Natural Resources And New Energy FundDSP Mutual Fund26,68,5343.60%₹91.0 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund24,84,8711.12%₹84.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Aluminium, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to National Aluminium Company in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hindalco Industries logoHindalco IndustriesHINDALCO1,95,47511.91.46.8+20.3%−3.1%12.6%13.6%0.57%
Vedanta Aluminium Metal logoVedanta Aluminium MetalVAML1,34,654–––––––2.32%
Arfin India logoArfin IndiaARFIN1,42077.08.331.0––11.3%15.0%0.14%
MMP Industries logoMMP IndustriesMMP1,111–3.217.7+21.4%––11.5%0.46%
Msafe Equipments logoMsafe EquipmentsMSAFE547–5.6–––––0.00%
Maan Aluminium logoMaan AluminiumMAANALU52937.71.926.6−1.8%−5.5%6.2%3.9%0.00%
Jainik Power Cables logoJainik Power CablesJAINIK22315.92.6–––16.5%–0.00%
P.G.Foils logoP.G.FoilsPGFOILQ215–0.7–−18.6%−114.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹11.50 a share, year to Mar 2026.
Ex-dateTypePer share
24 Aug 2026Final₹1.00
8 May 2026Interim₹2.00
6 Feb 2026Interim₹4.50
14 Nov 2025Interim₹4.00
19 Sep 2025Final₹2.50
14 Feb 2025Interim₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

National Aluminium Company share price by year

Each calendar year to 2025.National Aluminium Company share price history

YearClose at year endChangeHighest closeLowest close
2025314.30+48.5%316.60143.22
2024211.70+60.4%256.85123.75
2023131.95+64.1%131.9576.25
202280.40−20.4%130.0067.10
2021101.00+134.3%121.7043.45
202043.10−1.3%48.2526.90
201943.65−33.7%65.5538.00
201865.80−23.5%88.0557.15
201786.00+31.7%95.7061.60
201665.30+63.5%69.2531.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026303.05303.95293.00301.75297.7563,82,39538.0%
22 Oct 2026307.60311.40303.35310.90308.0438,96,23946.0%
21 Oct 2026318.05319.05307.75312.20311.5937,86,47951.4%
19 Oct 2026324.25324.25316.90318.00319.7528,26,00347.4%
16 Oct 2026318.35326.95317.50324.25324.3951,83,33645.2%
15 Oct 2026315.05318.80310.45318.40315.5544,80,89640.9%
14 Oct 2026321.00327.00319.05323.15323.7651,79,01849.6%
13 Oct 2026314.00321.00310.80321.00316.5748,26,91556.9%
12 Oct 2026316.60319.20310.80310.80314.0635,01,21562.6%
9 Oct 2026314.10317.95309.90315.90315.0729,59,21742.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
15 Mar 2011Bonus0.5000Holders received 1 bonus share for every 1 held.
15 Mar 2011Split0.5000Each share became 2.
24 Oct 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About National Aluminium Company

National Aluminium Company Limited, known as NALCO, mines bauxite, refines it into alumina and smelts aluminium. Bauxite is the ore from which alumina is made, and alumina is the powder from which aluminium metal is produced. It is a Government of India enterprise under the Ministry of Mines. It was incorporated in 1981, and its shares are listed on the BSE and NSE.

The business reports two segments, Chemicals (Alumina) and Metal (Aluminium). The refinery makes alumina hydrate and calcined alumina. The smelter makes ingots, billets, wire rods and rolled products. Its metal products have been registered with the London Metal Exchange since May 1989.

The company operates the Panchpatmali bauxite mines, an alumina refinery at Damanjodi, and, at Anugola, an aluminium smelter of 4.60 lakh tonnes a year, a 1,200 MW captive power plant and the Utkal-D&E coal mines. It also operates 198 MW of wind power projects at locations across India. Its registered office is in Bhubaneswar, and it has regional offices at Delhi, Kolkata, Mumbai and Chennai, seven stockyards, and a bulk shipment facility at Visakhapatnam for alumina exports. It sells in 23 states of India and 11 other countries.

The company holds stakes in four joint ventures. GACL-NALCO Alkalies & Chemicals, formed with Gujarat Alkalies and Chemicals, supplies caustic soda, a raw material for the refinery. Khanij Bidesh India Limited, formed with Hindustan Copper and MECL, explores and develops critical mineral assets overseas. Angul Aluminium Park Private Limited is a joint venture with IDCO, and Utkarsha Aluminium Dhatu Nigam Limited is one with MIDHANI.

Legal name
National Aluminium Company Limited
NSE symbol
NATIONALUM
BSE code
532234
ISIN
INE139A01034
Industry
Non - Ferrous Metals
Listed
Oct 1992 on BSE, Apr 1999 on NSE
Face value
₹5
CIN
L27203OR1981GOI000920
Corporate identity number, the registrar of companies' code for it