National Aluminium Company Limited (NALCO) is a government-owned company founded in 1981, based in Bhubaneswar, Odisha. It produces aluminium, a lightweight and strong metal used in airplanes, cars, packaging, and even spacecraft!
NALCO mines bauxite, processes it into alumina, and then converts it into pure aluminium. The company also generates its own power to run its factories and is one of India’s largest aluminium producers, exporting worldwide.
NALCO’s operations include:
- Mining bauxite (the raw material for aluminium).
- Processing bauxite into alumina.
- Converting alumina into pure aluminium.
- Generating its own power to run its factories.
As one of India’s largest aluminium producers, NALCO exports its products worldwide and plays a key role in industries like construction, transportation, and aerospace.
NALCO Share Price Target 2025-2030
| Year | Price Target (₹) |
|---|---|
| 2025 | ₹220.45 – ₹280.75 |
| 2026 | ₹300.30 – ₹350.85 |
| 2027 | ₹360.15 – ₹410.95 |
| 2028 | ₹430.60 – ₹470.25 |
| 2029 | ₹500.10 – ₹580.90 |
| 2030 | ₹600.50 – ₹740.80 |
NALCO Share Price Target (2025-2030)
NALCO Share Price Target 2025: ₹220 – ₹280
NALCO’s stock is expected to grow as demand for aluminium rises in construction, cars, and packaging. Big infrastructure projects will also support growth.
NALCO Share Price Target 2026: ₹300 – ₹350
Higher global aluminium prices and increased exports will boost profits, making NALCO a strong investment.
NALCO Share Price Target 2027: ₹360 – ₹410
Expansion plans, government support, and rising demand from electric vehicles (EVs) will drive growth.
NALCO Share Price Target 2028: ₹430 – ₹470
Government policies promoting local metal production and international partnerships will push the stock higher.
NALCO Share Price Target 2029: ₹500 – ₹580
Growing global demand for aluminium in EVs and renewable energy projects will strengthen NALCO’s market position.
NALCO Share Price Target 2030: ₹600 – ₹740
Advanced technology, green energy focus, and higher exports will sustain long-term growth.
NALCO Fundamental Data
| Parameter | Value |
|---|---|
| Market Cap | ₹35,419 Cr |
| P/E Ratio (TTM) | 8.44 |
| P/B Ratio | 2.26 |
| Industry P/E | 13.79 |
| Debt to Equity | 0.01 |
| ROE (Return on Equity) | 17.81% |
| EPS (TTM) | 22.85 |
| Dividend Yield | 2.59% |
| Book Value | 85.17 |
| Face Value | 5 |
NALCO Financials – December 2024
| Particulars | Dec ‘2024 (₹ Cr) |
|---|---|
| Revenue | 4,761 Cr |
| Expenses | 2,639 Cr |
| EBITDA | 2,427 Cr |
| EBIT | 2,141 Cr |
| Profit Before Tax | 2,122 Cr |
| Net Profit | 1,583 Cr |
Key Financial Ratios (Dec ‘2024)
| Ratio | Value |
|---|---|
| Operating Profit Margin | 52.05% |
| Net Profit Margin | 33.95% |
| Earnings Per Share (EPS) | 8.62 |
| Dividend Per Share | 4.00 |
Read More: NMDC Steel Share Price Target
NALCO Balance Sheet – 2024
| Particulars | 2024 (₹ Cr) |
|---|---|
| Total Assets | 19,235 Cr |
| Current Assets | 6,130 Cr |
| Non-Current Assets | 13,105 Cr |
| Total Liabilities | 4,847 Cr |
| Current Liabilities | 3,178 Cr |
| Non-Current Liabilities | 1,669 Cr |
| Total Equity | 14,388 Cr |
| Common Stock | 918.32 Cr |
| Other Equity Total | 13,470 Cr |
| Total Shares Outstanding | 183.66 Cr |
| Debt to Equity Ratio | 0.01 |
| Book Value per Share | 78.34 |
NALCO Shareholding Pattern – December 2024
| Category | Holding (%) |
|---|---|
| Promoters | 51.28% |
| Retail & Others | 16.60% |
| Foreign Institutions (FIIs) | 14.12% |
| Mutual Funds | 12.03% |
| Other Domestic Institutions | 5.96% |
Conclusion
NALCO is a leading aluminium producer with strong government backing, steady revenue growth, and a solid financial position. The company’s expansion into electric vehicles, renewable energy, and international markets makes it a promising long-term investment.
With rising global demand for aluminium, NALCO’s stock is expected to grow, reaching ₹600 – ₹740 by 2030. Investors looking for a stable and profitable stock in the metal industry should keep an eye on NALCO’s share price target in the coming years.
FAQ
How does NALCO contribute to India’s economy?
NALCO plays a key role in India’s economy by producing aluminium, which is essential for industries like construction, transportation, and packaging. It also generates employment, contributes to exports, and supports infrastructure development.
What are the risks of investing in NALCO?
Fluctuations in global aluminium prices.
Dependence on government policies and regulations.
Competition from other aluminium producers.
What is NALCO’s dividend yield?
As of 2024, NALCO’s dividend yield is 2.59%.
How does NALCO contribute to green energy?
NALCO is focusing on producing high-quality aluminium for renewable energy projects and electric vehicles (EVs), supporting global sustainability efforts.
