Latest news with #NationalAluminiumCompany
Time of India
27-05-2025
- Business
- Time of India
I-Sec downgrades Nalco to Hold; lowers target price to Rs 190
ICICI Securities has downgraded National Aluminium Company to Hold from Add with a revised target price of Rs 190 (earlier Rs 205). The current market price of National Aluminium Company is Rs 183.85. National Aluminium Company, incorporated in 1981, is a Mid Cap company with a market cap of Rs 33764.64 crore, operating in Metals - Non Ferrous sector. Nalco 's key products/revenue segments include Aluminium, Chemicals, Export Incentives, Wind Power for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 5393.44 crore, up 13.28% from last quarter Total Income of Rs 4761.31 crore and up 47.24% from last year same quarter Total Income of Rs 3663.09 crore. The company has reported net profit after tax of Rs 2078.37 crore in the latest quarter. The company?s top management includes Patra, Dr.B R Ramakrishna, Nath Jha, Kumari Dermal, Upadhyay, Dr.(Ms.)Shatorupa, Mr.Y P Chillio, Narang, Ramanlal Patel, Lohiya, Kumar Sharma, Samantaray, Chandra Joshi, Mahapatro, Arora. Company has Patro & Co. as its auditors. As on 31-03-2025, the company has a total of 184 crore shares outstanding. Investment Rationale Alumina price is well past its peak and ICICI Securities expects it to remain subdued as supplies from China and India ramp up. While there might be intermittent supply disruptions, the brokerage expects the price to stay range-bound between USD 350?400/te. Furthermore, they see only a limited scope of volume growth in the near term. That said, the captive coal might lend some cost advantage. On the whole, I-Sec sees risk-reward balanced at CMP. Taking cognizance of the current underlying commodity prices, the brokerage has lowered FY26E/FY27E EBITDA by 20% each, though they raised the EV/EBITDA multiple to 5.5x (earlier 5x), as there is lower risk to our earnings estimates. The revised target price works out to Rs 190 (earlier Rs 205). They have downgraded NALCO to HOLD (from Add). Promoter/FII Holdings Promoters held 51.28 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.81 per cent, DIIs 15.7 per cent.
Economic Times
27-05-2025
- Business
- Economic Times
I-Sec downgrades Nalco to Hold; lowers target price to Rs 190
ICICI Securities has adjusted its rating for National Aluminium Company. The brokerage firm now recommends a 'Hold' position. The target price has been revised to Rs 190 from Rs 205. This decision reflects expectations of subdued alumina prices. Supplies from China and India are expected to increase. Limited volume growth is also anticipated in the near term. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.) ICICI Securities has downgraded National Aluminium Company to Hold from Add with a revised target price of Rs 190 (earlier Rs 205). The current market price of National Aluminium Company is Rs 183.85. National Aluminium Company, incorporated in 1981, is a Mid Cap company with a market cap of Rs 33764.64 crore, operating in Metals - Non Ferrous sector. Nalco 's key products/revenue segments include Aluminium, Chemicals, Export Incentives, Wind Power for the year ending the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 5393.44 crore, up 13.28% from last quarter Total Income of Rs 4761.31 crore and up 47.24% from last year same quarter Total Income of Rs 3663.09 crore. The company has reported net profit after tax of Rs 2078.37 crore in the latest company?s top management includes Patra, Dr.B R Ramakrishna, Nath Jha, Kumari Dermal, Upadhyay, Dr.(Ms.)Shatorupa, Mr.Y P Chillio, Narang, Ramanlal Patel, Lohiya, Kumar Sharma, Samantaray, Chandra Joshi, Mahapatro, Arora. Company has Patro & Co. as its auditors. As on 31-03-2025, the company has a total of 184 crore shares price is well past its peak and ICICI Securities expects it to remain subdued as supplies from China and India ramp up. While there might be intermittent supply disruptions, the brokerage expects the price to stay range-bound between USD 350?400/te. Furthermore, they see only a limited scope of volume growth in the near term. That said, the captive coal might lend some cost advantage. On the whole, I-Sec sees risk-reward balanced at CMP. Taking cognizance of the current underlying commodity prices, the brokerage has lowered FY26E/FY27E EBITDA by 20% each, though they raised the EV/EBITDA multiple to 5.5x (earlier 5x), as there is lower risk to our earnings estimates. The revised target price works out to Rs 190 (earlier Rs 205). They have downgraded NALCO to HOLD (from Add).Promoters held 51.28 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.81 per cent, DIIs 15.7 per cent.
Business Standard
22-05-2025
- Business
- Business Standard
NALCO gains as Q4 PAT soars 105% YoY to Rs 2,078 crore
National Aluminium Company (NALCO) added 1.84% after the company reported a 104.59% surge in standalone net profit to Rs 2,078.37 crore in Q4 FY25, compared with Rs 1,015.83 crore in Q4 FY24. Revenue from operations jumped 47.18% YoY to Rs 5,267.83 crore in the quarter ended 31st March 2025. Profit before tax stood at Rs 2,759.64 crore in Q4 FY25, up 101.51% as against Rs 1,369.48 crore reported in the same period a year ago. Total expense declined 3.18% year on year to Rs 2,633.80 crore during the quarter. The cost of raw materials consumed stood at Rs 578.51 crore (down 15.01% YoY), while employee benefits expense was at Rs 413.25 crore (down 19.38% YoY) during the period under review. The companys revenue from chemicals was at Rs 2,536.66 crore (up 59.77% YoY) and income from aluminum stood at Rs 3,250.26 crore (up 32.68% YoY) during the period under review. Shri Brijendra Pratap Singh, CMD, stated that the companys growth gained significant momentum in the third and fourth quarters of FY25, as reflected in its robust financial performance and strong revenue growth. Enhancing efficiency, optimizing costs, and the unwavering commitment of our employees have played a pivotal role in enabling NALCO to maintain competitive pricing in a dynamic market environment. Furthermore, our strategic focus on process improvements has fostered a motivated, performance-driven workforce, he said. With aluminium prices firming up and demand steadily increasing, NALCO is well-positioned to sustain its growth trajectory. Looking ahead, Shri Singh reaffirmed the companys commitment to long-term sustainable growth through strategic expansions, including the 5th Stream expansion of the Alumina Refinery, the operationalization of the Pottangi Bauxite Mines, and the proposed expansion of the existing Smelter Plant and Captive Power Plant. These initiatives are expected to provide a strong foundation for sustainable and resilient growth, further strengthening NALCOs position in the global aluminium sector. National Aluminium Company (NALCO) manufactures and sells Alumina and Aluminium.
Business Standard
22-05-2025
- Business
- Business Standard
National Aluminium Company consolidated net profit rises 107.40% in the March 2025 quarter
Sales rise 47.19% to Rs 5267.83 crore Net profit of National Aluminium Company rose 107.40% to Rs 2067.23 crore in the quarter ended March 2025 as against Rs 996.74 crore during the previous quarter ended March 2024. Sales rose 47.19% to Rs 5267.83 crore in the quarter ended March 2025 as against Rs 3579.05 crore during the previous quarter ended March 2024. For the full year,net profit rose 164.93% to Rs 5267.94 crore in the year ended March 2025 as against Rs 1988.46 crore during the previous year ended March 2024. Sales rose 27.67% to Rs 16787.63 crore in the year ended March 2025 as against Rs 13149.15 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 5267.833579.05 47 16787.6313149.15 28 OPM % 52.0730.41 - 44.7221.30 - PBDT 2836.301163.60 144 7805.953034.92 157 PBT 2748.50923.58 198 7078.372285.27 210 NP 2067.23996.74 107 5267.941988.46 165
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)
