More about National Aluminium Company Limited
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:
NATIONALUM is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 3.604000 |
|---|---|
| forwardPE | 11.522398 |
| debtToEquity | 0.277000 |
| earningsGrowth | -0.167000 |
| revenueGrowth | 0.010000 |
| grossMargins | 0.714190 |
| operatingMargins | 0.494700 |
| trailingEps | 33.420000 |
| forwardEps | 37.583320 |
NATIONALUM's current ratio being 3.604 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that NATIONALUM can meet its financial obligations with ease.
National Aluminium Company Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
National Aluminium Company Limited's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
NATIONALUM's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
NATIONALUM's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that NATIONALUM is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
Over time, price projections for National Aluminium Company Limited have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in National Aluminium Company Limited's ability to deliver strong results and achieve higher market value.
Recommendation changes over time:
Analysts' sell bias for National Aluminium Company Limited suggests caution, but investors should base their decisions on a wide range of market indicators. This ensures a more comprehensive view of National Aluminium Company Limited's market potential and provides a better framework for making balanced investment decisions.
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