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Fundamentals for National Aluminium Company Limited
Business Operations:
Sector: Basic MaterialsIndustry: Aluminum
National Aluminium Company Limited engages in the manufacture and sale of alumina and aluminum products in India and internationally. The company operates through Chemical and Aluminum segments. It offers aluminum metal products, such as ingots, alloy ingots, T-ingots, sows, billets, and wire rods; alumina and hydrate products, including calcined alumina and alumina hydrate; zeolite-A products; specialty alumina and hydrate products; and aluminum rolled and aluminum chequered sheets products. The company also owns and operates an opencast mine covering an area of 16 square kilometers on Panchpatmali hills of Koraput district in Odisha; a wind power plant with 50.4 MW of generation capacity in Gandikota, Andhra Pradesh; a wind power plant with 47.6 MW of generation capacity at Jaisalmer, Rajasthan; a wind power plant with 50 MW of generation capacity at Devikot, Rajasthan; a wind power plant with 50.4 MW of generation capacity at Jath, Maharashtra; and a solar power plant in Bhubaneswar, as well as alumina refinery and aluminum smelter plants and captive power plant. In addition, it owns and operates mechanized storage and ship handling facilities for exporting alumina and importing caustic soda. National Aluminium Company Limited was incorporated in 1981 and is based in Bhubaneswar, India.
Revenue projections:
Investors are expected to be cautious with NATIONALUM, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 3.604000 |
|---|---|
| forwardPE | 8.811906 |
| debtToEquity | 0.277000 |
| earningsGrowth | -0.167000 |
| revenueGrowth | -0.048000 |
| grossMargins | 0.703520 |
| operatingMargins | 0.427580 |
| trailingEps | 33.430000 |
| forwardEps | 37.693320 |
With a current ratio of 3.604, NATIONALUM has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that NATIONALUM is in a strong position to meet its immediate financial obligations without difficulty.
NATIONALUM's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
Positive gross and operating margins for NATIONALUM demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.
NATIONALUM's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The price of NATIONALUM currently aligns with projections, offering no clear risks or opportunities. This situation suggests stability in the stock's performance, leading investors to await further developments before making strategic decisions.
Recommendation changes over time:
A recent sell bias for NATIONALUM from analysts suggests caution for investors. However, decisions should be grounded in a diverse set of market indicators, ensuring that a wider perspective is considered before making any moves regarding the stock's performance and potential risks.
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