National Aluminium Company Limited (NATIONALUM) - Net Assets
Based on the latest financial reports, National Aluminium Company Limited (NATIONALUM) has net assets worth Rs198.36 Billion INR (≈ $2.15 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs250.05 Billion ≈ $2.70 Billion USD) and total liabilities (Rs51.68 Billion ≈ $558.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are National Aluminium Company Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs198.36 Billion |
| % of Total Assets | 79.33% |
| Annual Growth Rate | 7.69% |
| 5-Year Change | 66.73% |
| 10-Year Change | 37.4% |
| Growth Volatility | 11.48 |
National Aluminium Company Limited - Net Assets Trend (2004–2025)
This chart illustrates how National Aluminium Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of National Aluminium Company Limited for the complete picture of this company's asset base.
Annual Net Assets for National Aluminium Company Limited (2004–2025)
The table below shows the annual net assets of National Aluminium Company Limited from 2004 to 2025. For live valuation and market cap data, see market value of National Aluminium Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs178.05 Billion ≈ $1.93 Billion |
+23.75% |
| 2024-03-31 | Rs143.88 Billion ≈ $1.56 Billion |
+9.61% |
| 2023-03-31 | Rs131.26 Billion ≈ $1.42 Billion |
+4.57% |
| 2022-03-31 | Rs125.52 Billion ≈ $1.36 Billion |
+17.54% |
| 2021-03-31 | Rs106.79 Billion ≈ $1.15 Billion |
+6.93% |
| 2020-03-31 | Rs99.86 Billion ≈ $1.08 Billion |
-4.75% |
| 2019-03-31 | Rs104.85 Billion ≈ $1.13 Billion |
-0.18% |
| 2018-03-31 | Rs105.04 Billion ≈ $1.14 Billion |
+2.93% |
| 2017-03-31 | Rs102.05 Billion ≈ $1.10 Billion |
-21.25% |
| 2016-03-31 | Rs129.58 Billion ≈ $1.40 Billion |
+1.26% |
| 2015-03-31 | Rs127.97 Billion ≈ $1.38 Billion |
+5.57% |
| 2014-03-31 | Rs121.22 Billion ≈ $1.31 Billion |
+1.59% |
| 2013-03-31 | Rs119.32 Billion ≈ $1.29 Billion |
+1.86% |
| 2012-03-31 | Rs117.15 Billion ≈ $1.27 Billion |
+4.93% |
| 2011-03-31 | Rs111.65 Billion ≈ $1.21 Billion |
+7.40% |
| 2010-03-31 | Rs103.96 Billion ≈ $1.12 Billion |
+6.41% |
| 2009-03-31 | Rs97.70 Billion ≈ $1.06 Billion |
+10.09% |
| 2008-03-31 | Rs88.74 Billion ≈ $959.74 Million |
+15.32% |
| 2007-03-31 | Rs76.95 Billion ≈ $832.21 Million |
+30.59% |
| 2006-03-31 | Rs58.93 Billion ≈ $637.27 Million |
+25.43% |
| 2005-03-31 | Rs46.98 Billion ≈ $508.05 Million |
+25.05% |
| 2004-03-31 | Rs37.57 Billion ≈ $406.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to National Aluminium Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8573840000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs85.74 Billion | 48.15% |
| Common Stock | Rs9.18 Billion | 5.16% |
| Other Comprehensive Income | Rs83.13 Billion | 46.69% |
| Total Equity | Rs178.05 Billion | 100.00% |
National Aluminium Company Limited Competitors by Market Cap
The table below lists competitors of National Aluminium Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akbank TAS
IS:AKBNK
|
$8.23 Billion |
|
Builders FirstSource Inc
NYSE:BLDR
|
$8.24 Billion |
|
Murphy USA Inc
NYSE:MUSA
|
$8.25 Billion |
|
Lotus Bakeries
BR:LOTB
|
$8.25 Billion |
|
Procore Technologies Inc
NYSE:PCOR
|
$8.21 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$8.21 Billion |
|
Shoprite Holdings Ltd
JSE:SHP
|
$8.19 Billion |
|
Sibanye Stillwater Limited
F:47VS
|
$8.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Aluminium Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 143,880,900,000 to 178,054,400,000, a change of 34,173,500,000 (23.8%).
- Net income of 52,679,400,000 contributed positively to equity growth.
- Dividend payments of 18,366,400,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs52.68 Billion | +29.59% |
| Dividends Paid | Rs18.37 Billion | -10.32% |
| Other Changes | Rs-139.50 Million | -0.08% |
| Total Change | Rs- | 23.75% |
Book Value vs Market Value Analysis
This analysis compares National Aluminium Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.37x to 4.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs14.58 | Rs413.60 | x |
| 2005-03-31 | Rs18.23 | Rs413.60 | x |
| 2006-03-31 | Rs22.86 | Rs413.60 | x |
| 2007-03-31 | Rs29.86 | Rs413.60 | x |
| 2008-03-31 | Rs34.43 | Rs413.60 | x |
| 2009-03-31 | Rs37.91 | Rs413.60 | x |
| 2010-03-31 | Rs40.34 | Rs413.60 | x |
| 2011-03-31 | Rs43.33 | Rs413.60 | x |
| 2012-03-31 | Rs45.46 | Rs413.60 | x |
| 2013-03-31 | Rs46.30 | Rs413.60 | x |
| 2014-03-31 | Rs47.04 | Rs413.60 | x |
| 2015-03-31 | Rs50.15 | Rs413.60 | x |
| 2016-03-31 | Rs51.20 | Rs413.60 | x |
| 2017-03-31 | Rs45.41 | Rs413.60 | x |
| 2018-03-31 | Rs54.34 | Rs413.60 | x |
| 2019-03-31 | Rs54.85 | Rs413.60 | x |
| 2020-03-31 | Rs53.53 | Rs413.60 | x |
| 2021-03-31 | Rs57.28 | Rs413.60 | x |
| 2022-03-31 | Rs68.34 | Rs413.60 | x |
| 2023-03-31 | Rs71.47 | Rs413.60 | x |
| 2024-03-31 | Rs78.34 | Rs413.60 | x |
| 2025-03-31 | Rs96.95 | Rs413.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Aluminium Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.38%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.29x
- Recent ROE (29.59%) is above the historical average (14.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 19.63% | 23.49% | 0.53x | 1.57x | Rs3.62 Billion |
| 2005 | 26.29% | 29.98% | 0.67x | 1.31x | Rs7.65 Billion |
| 2006 | 26.51% | 32.14% | 0.65x | 1.27x | Rs9.73 Billion |
| 2007 | 30.95% | 40.01% | 0.62x | 1.24x | Rs16.12 Billion |
| 2008 | 18.38% | 32.50% | 0.46x | 1.24x | Rs7.44 Billion |
| 2009 | 13.02% | 24.84% | 0.42x | 1.26x | Rs2.95 Billion |
| 2010 | 7.83% | 16.03% | 0.38x | 1.28x | Rs-2.25 Billion |
| 2011 | 9.58% | 16.66% | 0.43x | 1.34x | Rs-471.61 Million |
| 2012 | 7.25% | 13.07% | 0.42x | 1.32x | Rs-3.22 Billion |
| 2013 | 4.97% | 8.57% | 0.42x | 1.37x | Rs-6.00 Billion |
| 2014 | 5.30% | 9.47% | 0.41x | 1.37x | Rs-5.70 Billion |
| 2015 | 10.23% | 17.91% | 0.46x | 1.25x | Rs295.27 Million |
| 2016 | 5.97% | 11.55% | 0.41x | 1.27x | Rs-5.32 Billion |
| 2017 | 6.54% | 8.85% | 0.52x | 1.42x | Rs-3.53 Billion |
| 2018 | 12.78% | 14.14% | 0.65x | 1.39x | Rs2.92 Billion |
| 2019 | 16.54% | 15.08% | 0.76x | 1.44x | Rs6.85 Billion |
| 2020 | 1.36% | 1.61% | 0.58x | 1.46x | Rs-8.62 Billion |
| 2021 | 12.17% | 14.51% | 0.61x | 1.38x | Rs2.32 Billion |
| 2022 | 23.51% | 20.76% | 0.82x | 1.38x | Rs16.96 Billion |
| 2023 | 10.93% | 10.06% | 0.81x | 1.34x | Rs1.22 Billion |
| 2024 | 13.82% | 15.12% | 0.68x | 1.34x | Rs5.50 Billion |
| 2025 | 29.59% | 31.38% | 0.73x | 1.29x | Rs34.87 Billion |
Industry Comparison
This section compares National Aluminium Company Limited's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $111,752,431,327
- Average return on equity (ROE) among peers: 10.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Aluminium Company Limited (NATIONALUM) | Rs198.36 Billion | 19.63% | 0.26x | $8.22 Billion |
| Century Extrusions Limited (CENTEXT) | $468.60 Million | 8.60% | 1.66x | $18.60 Million |
| Goyal Aluminiums Limited (GOYALALUM) | $141.47 Million | 5.13% | 0.63x | $10.88 Million |
| Hindalco Industries Limited (HINDALCO) | $665.43 Billion | 5.23% | 1.85x | $25.50 Billion |
| Maan Aluminium Limited (MAANALU) | $843.73 Million | 26.05% | 1.03x | $87.27 Million |
| Manaksia Aluminium Company Limited (MANAKALUCO) | $1.25 Billion | 7.09% | 2.03x | $25.22 Million |
| MMP Industries Limited (MMP) | $2.38 Billion | 12.18% | 0.41x | $78.86 Million |
About National Aluminium Company Limited
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; s… Read more