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 2026-11-05 close
Latest results: HINDALCO Jun 2026 · NATIONALUM Sep 2026
At a glance
- Hindalco Industries Limited is the larger company by market value, about 3.5 times the size of National Aluminium Company Limited.
- On trailing earnings, National Aluminium Company Limited trades at the lower P/E (8.5 against 12.8).
- National Aluminium Company Limited earns the higher return on equity (28.7% 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 +8.9% (HINDALCO) and +39.0% (NATIONALUM).
| Metric | Hindalco Industries HINDALCO |
National Aluminium NATIONALUM |
|---|---|---|
| Size and price | ||
| Market cap | ₹209,735 Cr | ₹60,793 Cr |
| Share price | ₹937.85 | ₹331.00 |
| Valuation | ||
| P/E | 12.79 | 8.50 |
| P/B | 1.54 | 2.44 |
| EV/EBITDA | 7.55 | 6.31 |
| PEG | 0.64 | 0.14 |
| Dividend yield | 0.5% | 3.1% |
| Profitability | ||
| ROE | 12.0% | 28.7% |
| ROCE | 14.0% | 40.0% |
| Operating margin | 13.8% | 47.1% |
| Sales (TTM) | ₹295,537 Cr | ₹20,466 Cr |
| Net profit (TTM) | ₹16,400 Cr | ₹7,155 Cr |
| Growth | ||
| Latest quarter sales YoY | +32.1% | +26.3% |
| Latest quarter profit YoY | +75.1% | +28.3% |
| 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) | +0.01 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -0.28% | -1.85% |
| Return 3M | -9.82% | -13.12% |
| Return 1Y | +8.88% | +39.03% |
| Return YTD | +5.77% | +5.31% |
| Technical condition | ||
| Technical score | 59 | 40 |
| RS rating (1-99) | 52.00 | 53.00 |
| % vs 200-DMA | -4.36% | -11.05% |
| RSI (14) | 56.72 | 52.08 |
| % from 52-week high | -20.25% | -25.64% |
