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Economic Times
22-05-2025
- Business
- Economic Times
Nalco shares surge over 5% after Q4 profit doubles to Rs 2,067 crore on strong aluminium prices
Nalco's Q4FY25 net profit doubled to Rs 2,067.23 crore, driven by higher aluminium prices and improved operations. Revenue surged 47.2% to Rs 5,267.8 crore. FY25 net profit reached Rs 5,267.94 crore, with record bauxite excavation and domestic sales. The company anticipates sustained growth through strategic expansions, with analysts predicting a potential 19% upside for the stock. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Nalco share price target Shares of National Aluminium Company (Nalco) zoomed 5.5% to their day's high of Rs 191.65 on the BSE 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 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 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 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 FY25, Nalco achieved its highest-ever bauxite excavation of 76.48 lakh tonnes and record domestic sales of 4.55 lakh 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 aluminium prices firming up and demand steadily increasing, the PSU is well-positioned to sustain its growth 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 Read: KEC International, PVR INOX among 10 smallcap stocks analysts expect to gain up to 80% 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'.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
22-05-2025
- Business
- Economic Times
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. ADVERTISEMENT 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. Also Read: RIL, SBI among 10 stocks with more than 32 buy calls In FY25, Nalco achieved its highest-ever bauxite excavation of 76.48 lakh tonnes and record domestic sales of 4.55 lakh tonnes. ADVERTISEMENT 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. ADVERTISEMENT With aluminium prices firming up and demand steadily increasing, the PSU is well-positioned to sustain its growth 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. Also Read: KEC International, PVR INOX among 10 smallcap stocks analysts expect to gain up to 80% ADVERTISEMENT 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'. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
