National Aluminium Company Limited
Quality (91/100) does the heavy lifting; financial trend (13/100) is the drag.
Buy zoneOur blended model reads National Aluminium Company Limited as a Buy at 62/100. At ₹350.05 it trades below our blended DCF and relative-multiples fair value of ₹459.24, about 31% upside to that estimate — we read it as undervalued by 31%. On 10.4x trailing earnings it sits cheaper than the Basic Materials median of about 22.2x. The price is about 20% below its 52-week high of ₹439.31 and 102% above the low of ₹172.89. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9. The average analyst target of ₹409.25 implies about 17% upside across 12 analysts. It clears 9 of 13 investability checks, with durability 91, valuation 68 and momentum 35 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹367.4.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-20.32% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Buy62Piotroski F-score 3/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 29.4%
- Pass: Low debt (D/E < 0.5): 0.00x
- Pass: Positive free cash flow
- Fail: Revenue growth > 10%: -5%
- Fail: Earnings growing: -17%
- Pass: Net margin ≥ 10%: 32.5%
- Pass: Current ratio > 1.5: 3.60
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 9.17
- Fail: Piotroski ≥ 7: 3/9
Quarterly results
Annual financials
Shareholding
- Promoter51.3%
- Institutions21.4%
- Public & other27.3%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (29.4%).
- Lightly leveraged balance sheet.
- Healthy profit margin (32.5%).
- Financially solid — Altman Z 9.17.
Opportunities
- Trading in our value buy zone versus sector peers.
- Trades ~31% below our estimated fair value.
Bear case
Weaknesses
- Weak Piotroski score (3/9).
Threats
- Earnings contracting year on year.
About National Aluminium Company Limited
National Aluminium Company Limited manufactures and sells alumina and aluminum products domestically and internationally through two operating segments. The company produces aluminum metal products including ingots, alloy ingots, T-ingots, sows, billets, and wire rods, along with alumina and hydrate products such as calcined alumina and alumina hydrate. It also offers zeolite-A products, specialty alumina and hydrate products, and aluminum rolled and chequered products.
National Aluminium Company Limited — frequently asked questions
Is National Aluminium Company Limited a buy, hold or sell?
StocksWizard currently rates National Aluminium Company Limited (NATIONALUM) a Buy, based on a blended score of 62/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is National Aluminium Company Limited's fair value?
Our blended DCF and relative-valuation model estimates National Aluminium Company Limited's fair value at about ₹459.24, versus a current price of ₹350.05 — roughly 31% upside. On that basis the stock looks undervalued by 31%.
Is National Aluminium Company Limited financially healthy?
National Aluminium Company Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9.
How has National Aluminium Company Limited's share price performed?
National Aluminium Company Limited is down 15% over three months, and last traded at ₹350.05. Past performance doesn't predict future returns.
More in Basic Materials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.