Nalco shares in focus after Q4 profit doubles to Rs 2,067 crore on strong aluminium prices
Shares of
National Aluminium Company
(Nalco) will be in focus on Thursday after the state-owned firm reported a twofold rise in consolidated net profit to Rs 2,067.23 crore for the March quarter, driven by higher
aluminium prices
and improved operational performance. The company had posted a profit of Rs 996.74 crore in the same period last year.
Revenue from operations jumped 47.2% year-on-year to Rs 5,267.8 crore in Q4FY25, compared to Rs 2,720.4 crore in the year-ago quarter.
For the full year FY25, Nalco's net profit surged to Rs 5,267.94 crore from Rs 1,988.46 crore in FY24. Annual revenue rose to Rs 16,787.63 crore from Rs 13,149.15 crore.
Nalco attributed the strong performance to firm aluminium and alumina prices, enhanced operational efficiency, and momentum in its expansion projects. The company also saw robust growth across all business units.
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In FY25, Nalco achieved its highest-ever bauxite excavation of 76.48 lakh tonnes and record domestic sales of 4.55 lakh tonnes.
The company's growth gained significant momentum in the third and fourth quarters of FY25, which is reflected in the robust financial performance and strong revenue growth, said CMD Brijendra Pratap Singh.
"Enhancing efficiency, cost optimisation, and the unwavering commitment of employees have played a key role in enabling Nalco to maintain competitive pricing in a dynamic market environment. Moreover, Nalco's strategic focus on process improvements has fostered a motivated, performance-driven workforce," he said.
With aluminium prices firming up and demand steadily increasing, the PSU is well-positioned to sustain its growth trajectory.
Looking ahead, Singh underscored the company's commitment to long-term sustainable growth through strategic expansions, including the fifth stream expansion of the alumina refinery, the operationalisation of the Pottangi bauxite mines, and the proposed expansion of the existing smelter plant and captive power plant.
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Nalco share price target
According to Trendlyne, the average target price for Nalco stands at Rs 217, implying an upside of nearly 19% from current levels. Among the 10 analysts covering the stock, the consensus rating is 'Buy'.
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