pocketful logo
National Aluminium Company Ltd logo

National Aluminium Company Ltd

NSE: NATIONALUM BSE: 532234

369.70

(4.38)%

Mon, 02 Feb 2026, 09:39 pm

Analysis

dividend

thumbs up icon

Pros

  • Dividends per share have increased over the past 10 years.
  • National Aluminium's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • National Aluminium's dividend is above the markets top 25% of dividend payers in India (3.08%).
thumbs up icon

Cons

  • Dividends paid are not well covered by earnings (0.2x coverage).
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

future

thumbs up icon

Pros

  • National Aluminium's earnings are expected to grow significantly at over 20% yearly.
  • National Aluminium's earnings growth is expected to exceed the India market average.
  • National Aluminium's earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • National Aluminium's earnings are expected to exceed the low risk growth rate next year.
  • National Aluminium's net income is expected to increase by more than 50% in 2 years time.
  • An improvement in National Aluminium's performance (ROE) is expected over the next 3 years.
thumbs up icon

Cons

  • Cash flow for National Aluminium is expected to increase but not above the 50% threshold in 2 years time.
  • National Aluminium is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Performance (ROE) is not expected to exceed the current IN Metals and Mining industry average.
  • National Aluminium's revenue is expected to increase but not above the 50% threshold in 2 years time.
  • National Aluminium's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
  • National Aluminium's revenue growth is positive but not above the India market average.

health

thumbs up icon

Pros

  • National Aluminium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • National Aluminium is profitable, therefore cash runway is not a concern.
  • National Aluminium is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (1419.2%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 71x debt.
  • National Aluminium's cash and other short term assets cover its long term commitments.
  • National Aluminium earns more interest than it pays, coverage of interest payments is not a concern.
  • National Aluminium's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).
thumbs up icon

Cons

  • High level of physical assets or inventory.

management

thumbs up icon

Pros

  • Sridhar's remuneration is lower than average for companies of similar size in India.
thumbs up icon

Cons

  • The average tenure for the National Aluminium board of directors is less than 3 years, this suggests a new board.
  • The average tenure for the National Aluminium management team is less than 2 years, this suggests a new team.

misc

thumbs up icon

Pros

    thumbs up icon

    Cons

    • National Aluminium is covered by less than 3 analysts.

    past

    thumbs up icon

    Pros

      thumbs up icon

      Cons

      • National Aluminium's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • National Aluminium's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
      • National Aluminium used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
      • National Aluminium's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • National Aluminium has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • National Aluminium's 1-year earnings growth is negative, it can't be compared to the IN Metals and Mining industry average.

      value

      thumbs up icon

      Pros

      • National Aluminium is good value based on assets compared to the IN Metals and Mining industry average.
      • National Aluminium is good value based on expected growth next year.
      thumbs up icon

      Cons

      • National Aluminium's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • National Aluminium's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • National Aluminium is overvalued based on earnings compared to the IN Metals and Mining industry average.
      • National Aluminium is overvalued based on earnings compared to the India market.
      • 532234 underperformed the Metals and Mining industry which returned -28.6% over the past year.
      • 532234 underperformed the Market in India which returned -14.5% over the past year.
      • BSE:532234 is up 3.8% underperforming the Metals and Mining industry which returned 7.5% over the past month.
      • BSE:532234 is up 3.8% underperforming the market in India which returned 8% over the past month.

      Open Your Free Demat Account Now!

      Step into a world of zero fees and limitless opportunities!

      pocketful logo

      2022-25 Pocketful. All rights reserved, Built with in India

      Version -5.76

      app image 1app image 2

      Explore

      Calculatorsfooter arrow down icon
      Popular Calculatorsfooter arrow down icon
      Group Stocksfooter arrow down icon

      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800