₹374.65
+0.19% today
· 30d -1.46%
as of 2026-09-04
Price · Daily Candles
“NALCO's Q4 Profit Surges 1.84% While FIIs trim holdings, DIIs step up.”
National Aluminium Company (NALCO) reported a 1.84% YoY increase in Q4 net profit to ₹1595 Cr, on a 1.47% YoY revenue growth to ₹4731 Cr. The stock trades at an attractive trailing P/E of 10.45 and offers a 2.34% dividend yield, despite a 15.07% price correction over the last three months.
BULL CASE
+Annual net profit grew by 10.04% YoY to ₹5797 Cr for the year ending March 2026, with revenue up 6.29% to ₹17843 Cr.
+The company boasts a strong ROCE of 40.0% and a profit margin of 32.49%, indicating high efficiency.
+Dividend yield stands at 2.34% with a TTM P/E of 10.45, significantly lower than peer ARFIN's 96.68 P/E.
+DIIs increased their stake by 0.46% QoQ to 11.22% as of June 2026.
BEAR CASE
−Q4 operating profit saw a slight decline of 2.2% YoY, with OPM contracting by 2.78%.
−FIIs have reduced their stake by 0.29% QoQ, bringing their holding to 21.99% as of June 2026.
−The stock has seen significant price depreciation, down 15.07% over the last three months and 9.17% in the last month.
−ML predictions show a weak rank for FCF in the recent 2-year (0.268), rolling 4-year (0.072), and stable 7-year (0.095) periods, despite a current FCF of ₹4403 Cr.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹4731 Cr
+1.47% YoY
NET PROFIT
₹1595 Cr
+1.84% YoY
OPM
48.19%
-2.78pp YoY
EPS
₹8.69
PE 10.45
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-30.4%, h2=-34.6%, h3=-31.0% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
NALCO, with a TTM P/E of 10.45 and ROCE of 40.0%, trades at a lower valuation and delivers higher returns on capital compared to sector peer HINDALCO (P/E 13.3, ROCE 16.92%).
PEERPEROCE %
NATIONALUM10.4540.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
80
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
100
Valuation
CHEAP
75
Growth
STEADY
63
Profitability
HIGH
100
Technicals
NEUTRAL
55
Risk
LOW
90
Key Stats
TTM PE
10.45
P/B
2.97
52W HIGH
₹445.15
OFF HIGH
-15.84%
DIV YIELD
2.34%
MKT CAP
₹68554 Cr
◉ Active Signals
MACDNeutral-3.5464
RSI(14)Neutral47.37
Street Consensus
12 analysts₹406.75
mean target
Low ₹340.0Now ₹374.65High ₹480.0
⧉ Strategy Fit 🔒