National Aluminium Company (NALCO) NATIONALUM
Power Transmission & Grid: State aluminium and alumina producer selling wire rods and EC-grade metal to conductor makers (also in the critical-minerals sector)
Mapped in 2 themes: Power Transmission & Grid and Critical Minerals & Rare Earths.
Where National Aluminium Company (NALCO) sits in the supply chain
National Aluminium Company (NALCO) appears in 2 supply-chain layers across 2 themes: Power Transmission & Grid and Critical Minerals & Rare Earths.
Power Transmission & Grid › CRGO, copper & aluminium
Indirect supplierState aluminium and alumina producer selling wire rods and EC-grade metal to conductor makers (also in the critical-minerals sector)
Other companies in this layer
Critical Minerals & Rare Earths › Lithium, cobalt & nickel
EnablerState alumina and aluminium maker; KABIL's largest shareholder (40%)
Other companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 14,181 | 14,257 | 13,149 | 16,788 | 17,843 |
| Net profit | 2,951 | 1,435 | 1,988 | 5,268 | 5,797 |
Latest-year revenue ₹17,843 Cr (FY26, company-wide).
Note: Indirect: wire rod for conductors.
Strengths · in Power Transmission & Grid
- Low-cost integrated bauxite-alumina-aluminium chain
- Wire rod sales tie it to conductor demand
Risks · in Power Transmission & Grid
- Grid is a small share of sales; alumina prices drive earnings
- State ownership limits capital allocation choices
Common questions
What does National Aluminium Company (NALCO) do?
In Power Transmission & Grid: State aluminium and alumina producer selling wire rods and EC-grade metal to conductor makers (also in the critical-minerals sector). NextResearch maps it in 2 supply chains: Power Transmission & Grid and Critical Minerals & Rare Earths.
Where does National Aluminium Company (NALCO) sit in the supply chain?
National Aluminium Company (NALCO) (NSE: NATIONALUM) is mapped in 2 supply-chain layers: CRGO, copper & aluminium (Power Transmission & Grid); and Lithium, cobalt & nickel (Critical Minerals & Rare Earths).
Who are National Aluminium Company (NALCO)'s peers?
In the CRGO, copper & aluminium layer of Power Transmission & Grid: Hindalco Industries, Vedanta Aluminium Metal, Hindustan Copper, JSW Steel and Mangal Electrical Industries.
What is National Aluminium Company (NALCO)'s market cap and valuation?
As of 6 Nov 2026: market cap ₹59,919 Cr, P/E 8.4x, ROCE 39.6%, ROE 29.4%, dividend yield 3.53%.