NALCO Share Price, Stock Analysis & Company Profile

National Aluminium Company Limited (NALCO) is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Mines, Government of India. Established in 1981, it is one of the largest integrated bauxite-alumina-aluminium-power complexes in the country.
This page serves as a definitive resource for investors to track the National Aluminium share price, conduct a professional NALCO stock analysis, and stay updated on the NALCO share price performance.

About National Aluminium Company Ltd (NALCO)

Headquartered in Bhubaneswar, Odisha, NALCO operates as a low-cost producer of metallurgical grade alumina and high-quality aluminium metal. The company’s integrated operations encompass bauxite mining, alumina refining, aluminium smelting and casting, and captive power generation.

NALCO is renowned globally for its cost-efficiency in alumina production, largely due to its high-quality captive bauxite mines at Panchpatmali. The company is a key player in India's industrial sector and a significant exporter of alumina and aluminium to the international market.

NALCO Business Model

NALCO’s revenue is driven by a vertically integrated value chain that ensures raw material security and operational stability:

1. Mining & Refinery: The company operates high-capacity bauxite mines that feed its Alumina Refinery in Damanjodi. Alumina is both sold globally and used internally for aluminium production.

2. Aluminium Smelter: Located in Angul, the smelter converts alumina into aluminium metal, including ingots, wire rods, and rolled products.

3. Captive Power Plant (CPP): To meet the energy-intensive requirements of smelting, NALCO operates a massive 1200 MW thermal power plant.

4. Renewable Energy: The company has diversified into green energy with significant wind power capacities across multiple states and ongoing solar projects.

5. Export & Domestic Sales: NALCO maintains a balanced sales mix, leveraging high LME (London Metal Exchange) prices for international exports while catering to domestic industrial demand.

NALCO Listing and IPO Details

NALCO has been a cornerstone of the Indian public sector listings, providing consistent value through various market cycles.

• Incorporation Year: 1981
• Listing Exchanges: NSE and BSE
• NSE Symbol: NATIONALUM
• BSE Scrip Code: 532234
• ISIN: INE139A01034
• Face Value: Rs 5 per share

NALCO Corporate Action History

NALCO is highly regarded as a high-dividend-yielding PSU stock, frequently rewarding its shareholders with payouts and historical bonus issues.

Bonus Share History

The company has historically used bonus issues to reward long-term investors.

• 2011: 1:1 Bonus Issue (1 bonus share for every 1 share held).
• Ex-Date: 15 March 2011

Dividend History

NALCO is one of the most consistent dividend payers in the metal sector, often declaring multiple interim dividends in a single financial year.

• FY 2025-26: Declared a 2nd interim dividend of Rs 4.50 per share (90% of face value) in January 2026. This follows a 1st interim dividend of Rs 4.00 per share declared in November 2025.

• FY 2024-25: Total dividends for the year amounted to Rs 4.50 per share (including a Rs 2.50 final dividend and a Rs 2.00 interim).

• Payout Trend: The company typically pays out a significant portion of its net profit, making it a favourite for income-seeking investors.

Investor Resources Available on This Page

Retail investors can leverage professional-grade data on this page to conduct an end-to-end NALCO stock analysis:

• Price Chart: Track the latest price action and historical trends of the NALCO share price. (data delayed by 15 minutes)

• Company Ratios: Access essential metrics like P/E ratio, ROCE, ROE, and Dividend Yield in our updated tables.

• Quarterly Results: Monitor the latest production volumes, revenue growth, and net profit figures (e.g., the record profit reported in Q3 FY26).

• Balance Sheet: Analyse the company's nearly debt-free status and strong reserve position.

• Cash Flow Statement: Review how the company generates cash and funds its expansion projects like the 5th stream Alumina refinery.

• Shareholding Pattern: Observe stakes held by the Promoter (Government of India holds ~51.28%), FIIs (~19.7%), and DIIs.

• Pros & Cons: A simplified look at the company’s strengths (raw material security) and potential risks (LME price volatility).

• Annual Reports: Download official company filings and investor presentations directly from this page.

Frequently Asked Questions (FAQs)

Q1. What is the latest NALCO share price?
The updated market price is displayed at the top of this page. Note that the price chart and data from the NSE and BSE are subject to a 15-minute delay.

Q2. Who are the promoters of NALCO?
The Government of India (Ministry of Mines) is the primary promoter, holding approximately 51.28% of the company's equity.

Q3. Does NALCO pay regular dividends?
Yes, NALCO is a high-dividend-yielding stock and typically pays dividends multiple times a year. For FY 2025-26, it has already declared two interim dividends.

Q4. When was the last bonus issue by NALCO?
The last bonus issue by NALCO was in March 2011, in the ratio of 1:1.

Q5. What is the face value of NALCO shares?
The face value of each NALCO equity share is Rs 5.

Q6. What makes NALCO a low-cost producer?
NALCO's low cost of production is primarily due to its captive bauxite mines at Panchpatmali, which provide high-quality raw material at a significantly lower cost compared to global peers.

Q7. Where can I find the latest NALCO Annual Report?
You can download the latest Annual Reports and investor presentations from the "Reports" or "Documents" section available on this page.