This article provides an in-depth analysis and prediction of NALCO share price target from 2024 to 2030.
National Aluminium Company Limited (NALCO), incorporated in 1981, is a significant player in the Indian aluminum industry.
As a public sector enterprise, NALCO has a robust portfolio, focusing on the production and sale of Alumina and Aluminum.
With a strong market presence and a history of consistent performance, investors are keen on understanding the future share price trajectory of NALCO.
Share Price Prediction from 2024 to 2030
Based on historical data and current market trends, the following table predicts NALCO share price target monthly from 2024 to 2030.
| Year/Month | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| January | 175 | 190 | 210 | 230 | 250 | 270 | 290 |
| February | 178 | 193 | 213 | 233 | 253 | 273 | 293 |
| March | 181 | 196 | 216 | 236 | 256 | 276 | 296 |
| April | 185 | 200 | 220 | 240 | 260 | 280 | 300 |
| May | 188 | 203 | 223 | 243 | 263 | 283 | 303 |
| June | 191 | 206 | 226 | 246 | 266 | 286 | 306 |
| July | 195 | 210 | 230 | 250 | 270 | 290 | 310 |
| August | 198 | 213 | 233 | 253 | 273 | 293 | 313 |
| September | 202 | 217 | 237 | 257 | 277 | 297 | 317 |
| October | 205 | 220 | 240 | 260 | 280 | 300 | 320 |
| November | 209 | 224 | 244 | 264 | 284 | 304 | 324 |
| December | 212 | 227 | 247 | 267 | 287 | 307 | 327 |
These predictions are based on current trends,
Financial Performance
Quarterly Results (Standalone)
NALCO’s financial performance over recent quarters has shown fluctuations in sales and profits. The table below summarizes NALCO’s quarterly financial performance from June 2021 to June 2024.
| Quarter | Sales (INR Crores) | Expenses (INR Crores) | Operating Profit (INR Crores) | OPM (%) | Net Profit (INR Crores) |
|---|---|---|---|---|---|
| Jun 2021 | 2,475 | 1,894 | 581 | 23% | 348 |
| Sep 2021 | 3,592 | 2,465 | 1,127 | 31% | 748 |
| Dec 2021 | 3,773 | 2,583 | 1,191 | 32% | 831 |
| Mar 2022 | 4,351 | 2,724 | 1,627 | 37% | 1,026 |
| Jun 2022 | 3,795 | 2,916 | 880 | 23% | 579 |
| Sep 2022 | 3,490 | 3,155 | 334 | 10% | 170 |
| Dec 2022 | 3,297 | 2,832 | 466 | 14% | 274 |
| Mar 2023 | 3,671 | 2,904 | 767 | 21% | 522 |
| Jun 2023 | 3,179 | 2,584 | 595 | 19% | 349 |
| Sep 2023 | 3,043 | 2,647 | 397 | 13% | 206 |
| Dec 2023 | 3,348 | 2,574 | 774 | 23% | 488 |
| Mar 2024 | 3,579 | 2,472 | 1,108 | 31% | 1,016 |
| Jun 2024 | 2,856 | 1,922 | 934 | 33% | 601 |
The table shows that while NALCO has experienced fluctuations in sales, it has managed to maintain a healthy operating profit margin (OPM), peaking at 37% in March 2022.
Annual Financial Highlights
Profit and Loss (Standalone)
The company’s annual performance further highlights its growth trajectory. NALCO’s sales and profits have seen significant changes over the years.
The table below summarizes NALCO’s annual financial performance from March 2013 to March 2024.
| Year | Sales (INR Crores) | Expenses (INR Crores) | Operating Profit (INR Crores) | OPM (%) | Net Profit (INR Crores) |
|---|---|---|---|---|---|
| Mar 2013 | 6,916 | 5,841 | 1,075 | 16% | 593 |
| Mar 2014 | 6,781 | 5,644 | 1,137 | 17% | 642 |
| Mar 2015 | 7,383 | 5,759 | 1,624 | 22% | 1,322 |
| Mar 2016 | 6,818 | 5,911 | 907 | 13% | 787 |
| Mar 2017 | 7,543 | 6,463 | 1,080 | 14% | 669 |
| Mar 2018 | 9,509 | 8,112 | 1,397 | 15% | 1,342 |
| Mar 2019 | 11,499 | 8,607 | 2,893 | 25% | 1,732 |
| Mar 2020 | 8,472 | 7,983 | 489 | 6% | 138 |
| Mar 2021 | 8,956 | 7,174 | 1,782 | 20% | 1,300 |
| Mar 2022 | 14,215 | 9,664 | 4,550 | 32% | 2,952 |
| Mar 2023 | 14,255 | 11,807 | 2,448 | 17% | 1,544 |
| Mar 2024 | 13,149 | 10,276 | 2,873 | 22% | 2,060 |
NALCO has managed to maintain a steady increase in sales, with a notable spike in 2022. However, profit margins have varied, reflecting the challenges and opportunities in the aluminum market.
market conditions, and historical data, indicating a steady upward trajectory for NALCO’s share price over the next several years.
Growth Analysis
Compounded Sales Growth
- 10 Years: 7%
- 5 Years: 3%
- 3 Years: 14%
- TTM: -6%
Compounded Profit Growth
- 10 Years: 11%
- 5 Years: 0%
- 3 Years: 11%
- TTM: 52%
NALCO has shown resilience in its sales and profit growth, despite market fluctuations. The company’s ability to adapt to changing market dynamics has contributed to its long-term growth.
Stock Price CAGR and Return on Equity
Stock Price CAGR
- 10 Years: 12%
- 5 Years: 35%
- 3 Years: 33%
- 1 Year: 92%
Return on Equity
- 10 Years: 9%
- 5 Years: 8%
- 3 Years: 14%
- TTM: 16%
NALCO’s stock price has shown a healthy compound annual growth rate (CAGR), particularly in recent years.
The company’s return on equity (ROE) has also improved, reflecting its strong financial management.
Conclusion
NALCO share price target is expected to continue its upward trajectory in the coming years, driven by its strong market position, consistent financial performance, and the growing demand for aluminum.
Investors can expect steady returns as the company navigates the challenges and opportunities in the global market.