National Aluminium Company (NATIONALUM)₹329.00+0.95%Aluminium
In the Jun 2026 quarter (consolidated), National Aluminium Company reported sales of ₹5,288 Cr, up 39.2% from Jun 2025, and net profit of ₹2,007 Cr, up 91.0% year on year. For the year to Mar 2026, sales were ₹17,782 Cr and net profit ₹5,808 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,034 | 3,339 | 3,568 | 2,850 | 3,987 | 4,653 | 5,257 | 3,798 | 4,280 | 4,722 | 4,996 | 5,288 |
| Expenses | 2,662 | 2,587 | 2,485 | 1,931 | 2,463 | 2,346 | 2,522 | 2,325 | 2,364 | 2,553 | 2,657 | 2,589 |
| Operating Profit | 377 | 755 | 1,085 | 919 | 1,530 | 2,306 | 2,739 | 1,475 | 1,921 | 2,171 | 2,346 | 2,702 |
| OPM % | 12.0% | 23.0% | 30.0% | 31.9% | 37.9% | 49.9% | 52.0% | 39.0% | 44.9% | 46.0% | 46.9% | 51.0% |
| Other Income | 68.74 | 49.86 | 509 | 60.74 | 71.80 | 98.69 | 126 | 124 | 150 | 193 | 201 | 173 |
| Interest | 4.01 | 2.01 | 9.01 | 3.01 | 4.01 | 19.01 | 32.05 | 8.01 | 8.01 | 60.07 | 24.01 | 10.01 |
| Depreciation | 187 | 154 | 241 | 174 | 180 | 286 | 88.12 | 178 | 174 | 183 | 211 | 182 |
| Profit before tax | 255 | 648 | 1,346 | 802 | 1,417 | 2,099 | 2,741 | 1,412 | 1,888 | 2,120 | 2,308 | 2,682 |
| Tax % | 27.0% | 28.0% | 26.0% | 27.0% | 26.0% | 26.0% | 25.0% | 26.0% | 24.0% | 25.0% | 26.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 314 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 187 | 471 | 998 | 589 | 1,047 | 1,569 | 2,069 | 1,051 | 1,431 | 1,598 | 1,725 | 2,007 |
| EPS (Rs) | 1.03 | 2.57 | 5.44 | 3.21 | 5.71 | 8.54 | 11.27 | 5.72 | 7.80 | 8.70 | 9.39 | 10.92 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,804 | 7,525 | 9,478 | 11,462 | 8,449 | 8,930 | 14,136 | 14,210 | 13,108 | 16,754 | 17,782 | 19,286 |
| Expenses | 5,847 | 6,454 | 8,097 | 8,591 | 7,965 | 7,163 | 9,649 | 11,895 | 10,325 | 9,267 | 9,894 | 10,164 |
| Operating Profit | 958 | 1,077 | 1,395 | 2,887 | 486 | 1,780 | 4,508 | 2,337 | 2,794 | 7,497 | 7,918 | 9,140 |
| OPM % | 14.0% | 14.0% | 15.0% | 24.9% | 6.0% | 20.0% | 32.0% | 15.9% | 21.0% | 45.0% | 43.9% | 47.4% |
| Other Income | 657 | 367 | 1,121 | 326 | 272 | 146 | 297 | 233 | 676 | 356 | 664 | 718 |
| Interest | 3.01 | 3.01 | 2.01 | 2.01 | 6.01 | 7.01 | 23.01 | 13.01 | 17.02 | 59.10 | 100 | 102 |
| Depreciation | 427 | 481 | 481 | 477 | 531 | 608 | 839 | 717 | 752 | 729 | 746 | 751 |
| Profit before tax | 1,187 | 962 | 2,033 | 2,735 | 223 | 1,313 | 3,945 | 1,841 | 2,705 | 7,060 | 7,724 | 8,999 |
| Tax % | 34.0% | 31.0% | 34.0% | 37.0% | 39.0% | 1.0% | 25.0% | 22.0% | 27.0% | 26.0% | 25.0% | — |
| Exceptional items | 38.93 | −21.93 | 647 | 0.00 | 0.00 | 0.99 | 0.00 | 1.99 | 306 | 0.99 | 0.00 | 0.00 |
| Net Profit | 788 | 669 | 1,345 | 1,737 | 136 | 1,300 | 2,956 | 1,437 | 1,989 | 5,273 | 5,808 | 6,761 |
| EPS (Rs) | 3.06 | 3.46 | 6.95 | 9.30 | 0.74 | 7.08 | 16.08 | 7.82 | 10.84 | 28.71 | 31.57 | 36.81 |
| Dividend payout % | 64.9% | 81.0% | 81.9% | 61.9% | 204.9% | 48.9% | 39.9% | 57.9% | 46.0% | 37.0% | 35.9% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,293 | 1,293 | 969 | 969 | 935 | 936 | 920 | 920 | 920 | 920 | 921 | 921 |
| Reserves | 11,505 | 11,902 | 9,239 | 9,528 | 9,549 | 9,044 | 9,748 | 11,617 | 12,205 | 13,467 | 16,884 | 20,670 |
| Borrowings | 0.00 | 0.00 | 51.03 | 45.01 | 67.08 | 12.01 | 102 | 77.07 | 105 | 96.11 | 182 | 60.10 |
| Other Liabilities | 3,385 | 3,523 | 4,236 | 4,068 | 4,597 | 4,545 | 3,932 | 4,659 | 4,392 | 4,742 | 4,893 | 4,904 |
| Total Liabilities | 16,184 | 16,717 | 14,494 | 14,611 | 15,147 | 14,537 | 14,702 | 17,274 | 17,622 | 19,225 | 22,880 | 26,555 |
| Fixed Assets | 6,638 | 6,587 | 7,129 | 7,126 | 7,271 | 7,469 | 7,645 | 7,331 | 7,288 | 7,367 | 7,642 | 7,541 |
| CWIP | 550 | 687 | 566 | 913 | 882 | 1,425 | 1,572 | 2,231 | 3,266 | 4,567 | 5,026 | 6,387 |
| Investments | 952 | 1,013 | 1,261 | 711 | 257 | 331 | 561 | 376 | 360 | 342 | 775 | 534 |
| Other Assets | 8,043 | 8,431 | 5,538 | 5,861 | 6,738 | 5,314 | 4,923 | 7,335 | 6,708 | 6,950 | 9,437 | 12,093 |
| Inventories | 1,164 | 1,052 | 1,154 | 1,192 | 1,208 | 1,695 | 1,472 | 1,643 | 1,836 | 1,826 | 1,906 | 1,831 |
| Trade receivables | 121 | 235 | 184 | 258 | 241 | 140 | 147 | 74.96 | 91.01 | 154 | 186 | 215 |
| Cash & equivalents | 4,636 | 5,109 | 2,291 | 2,775 | 3,503 | 1,985 | 1,752 | 3,715 | 2,123 | 2,581 | 5,436 | 8,417 |
| Total Assets | 16,184 | 16,717 | 14,494 | 14,611 | 15,147 | 14,537 | 14,702 | 17,274 | 17,622 | 19,225 | 22,880 | 26,555 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 521 | 883 | 1,439 | 1,592 | 2,414 | −349 | 2,204 | 3,964 | 909 | 2,723 | 5,815 | 6,446 |
| Cash from investing activity | 568 | 315 | 1,555 | −492 | −534 | 875 | −1,408 | −2,630 | −335 | −2,007 | −3,983 | −4,215 |
| Cash from financing activity | −508 | −546 | −3,626 | −1,104 | −1,736 | −679 | −603 | −1,144 | −927 | −742 | −1,764 | −2,213 |
| Net cash flow | 582 | 654 | −632 | 1.01 | 147 | −154 | 196 | 200 | −352 | −20.07 | 78.32 | 32.11 |
| Capex | 302 | 553 | 775 | 834 | 766 | 855 | 1,216 | 1,279 | 1,529 | 1,652 | 1,197 | 2,032 |
| Free cash flow | 218 | 331 | 676 | 768 | 1,654 | −1,198 | 995 | 2,693 | −619 | 1,079 | 4,655 | 4,427 |
| CFO / OP % | 54.0% | 129.0% | 153.1% | 148.1% | 119.0% | −50.9% | 129.0% | 104.1% | 71.0% | 120.1% | 100.0% | 105.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 6 | 13 | 9 | 10 | 8 | 6 | 6 | 2 | 2 | 4 | 4 | 4 |
| Inventory days | 410 | 351 | 388 | 287 | 230 | 462 | 410 | 323 | 212 | 251 | 352 | 260 |
| Days payable | 154 | 212 | 283 | 231 | 244 | 210 | 261 | 286 | 145 | 205 | 136 | 113 |
| Cash conversion cycle | 261 | 150 | 113 | 65 | −8 | 257 | 155 | 38 | 68 | 49 | 220 | 151 |
| Working capital days | 8 | 10 | −24 | −11 | −28 | −9 | 11 | −10 | 4 | 6 | −7 | −6 |
| ROCE % | — | 9.0% | 9.0% | 11.0% | 26.0% | 2.0% | 13.0% | 34.0% | 14.0% | 17.0% | 44.0% | 40.0% |
For the Jun 2026 quarter, National Aluminium Company reported sales of ₹5,288 Cr, up 39.2% year on year and net profit of ₹2,007 Cr, up 91.0% year on year. The operating margin was 51.0%.
National Aluminium Company's sales for the year to Mar 2026 were ₹17,782 Cr; over the last twelve months they were ₹19,286 Cr.
Net profit for the year to Mar 2026 was ₹5,808 Cr, and ₹6,761 Cr over the last twelve months. Earnings per share over the same trailing period were ₹36.81.
National Aluminium Company reported borrowings of ₹60.10 Cr at Mar 2026, against cash and equivalents of ₹8,417 Cr.
Cash from operations was ₹6,446 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹4,427 Cr.