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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:
Revenues for NATIONALUM are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
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 |
NATIONALUM's current ratio, being 2.948, means the company is well-positioned to meet its short-term debt obligations. This reflects NATIONALUM's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
NATIONALUM's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
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 lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.
Price projections:
Price projections for NATIONALUM have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe NATIONALUM is well-positioned for continued success.
Recommendation changes over time:
National Aluminium Company Limited has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as National Aluminium Company Limited is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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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