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Fundamentals for National Aluminium Company Limited
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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:
National Aluminium Company Limited is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 2.948000 |
|---|---|
| forwardPE | 13.370247 |
| debtToEquity | 0.282000 |
| earningsGrowth | 0.367000 |
| revenueGrowth | 0.073000 |
| grossMargins | 0.713150 |
| operatingMargins | 0.406530 |
| trailingEps | 33.280000 |
| forwardEps | 27.722000 |
National Aluminium Company Limited's current ratio, being 2.948, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, National Aluminium Company Limited is well-equipped to meet its immediate financial obligations without any difficulties.
National Aluminium Company Limited's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
National Aluminium Company Limited's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
NATIONALUM's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that NATIONALUM may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.
Price projections:
NATIONALUM's price projections have been revised upward over time, suggesting that analysts are becoming more confident in the company's future. This trend points to increased optimism about NATIONALUM's ability to grow.
Recommendation changes over time:
Analysts have shown a buy bias for National Aluminium Company Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to National Aluminium Company Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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