Hindalco Industries Limited vs National Aluminium Company Limited
An objective side-by-side of HINDALCO and NATIONALUM, both in Aluminium and Aluminium Products: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: HINDALCO Jun 2026 · NATIONALUM Jun 2026
At a glance
- Hindalco Industries Limited is the larger company by market value, about 3.4 times the size of National Aluminium Company Limited.
- On trailing earnings, National Aluminium Company Limited trades at the lower P/E (9.6 against 13.3).
- National Aluminium Company Limited earns the higher return on equity (31.2% against 12.0%).
- Over three years National Aluminium Company Limited has grown profits faster (59% a year against 20%).
- Over the past year the share prices returned +30.2% (HINDALCO) and +62.6% (NATIONALUM).
| Metric | Hindalco Industries HINDALCO |
National Aluminium NATIONALUM |
|---|---|---|
| Size and price | ||
| Market cap | ₹217,810 Cr | ₹64,741 Cr |
| Share price | ₹981.20 | ₹352.50 |
| Valuation | ||
| P/E | 13.28 | 9.59 |
| P/B | 1.59 | 3.00 |
| EV/EBITDA | 7.75 | 7.07 |
| PEG | 0.66 | 0.16 |
| Dividend yield | 0.5% | 3.0% |
| Profitability | ||
| ROE | 12.0% | 31.2% |
| ROCE | 14.0% | 40.0% |
| Operating margin | 13.8% | 47.4% |
| Sales (TTM) | ₹295,537 Cr | ₹19,339 Cr |
| Net profit (TTM) | ₹16,400 Cr | ₹6,750 Cr |
| Growth | ||
| Latest quarter sales YoY | +32.1% | +39.3% |
| Latest quarter profit YoY | +75.1% | +90.9% |
| Sales CAGR 3Y | +7.0% | +8.0% |
| Profit CAGR 3Y | +20.0% | +59.0% |
| Sales CAGR 5Y | +16.0% | +15.0% |
| Profit CAGR 5Y | +36.0% | +35.0% |
| Financial strength | ||
| Debt/Equity | 0.73 | 0.00 |
| Interest cover | 7.49 | 72.00 |
| Ownership | ||
| Promoter holding | 34.7% | 51.3% |
| Promoter change (4 qtrs) | +0.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -4.72% | -8.58% |
| Return 3M | -3.25% | -6.73% |
| Return 1Y | +30.19% | +62.60% |
| Return YTD | +10.66% | +12.15% |
| Technical condition | ||
| Technical score | 41 | 21 |
| RS rating (1-99) | 64.00 | 69.00 |
| % vs 200-DMA | +0.96% | -3.97% |
| RSI (14) | 42.48 | 39.48 |
| % from 52-week high | -16.56% | -20.81% |
