NSE ScannerComparison · NSE · data 2026-10-31
Hindalco Industries Limited vs National Aluminium Co. Ltd.
In plain words
Size: Hindalco Industries Limited is about 3.5 times the market value of National Aluminium Co. Ltd..
Valuation (P/E): Hindalco Industries Limited 12 vs National Aluminium Co. Ltd. 8.6.
Return on equity: National Aluminium Co. Ltd. 29.4% vs Hindalco Industries Limited 10.3%.
Profit growth over 3 years: National Aluminium Co. Ltd. 59.3% a year vs Hindalco Industries Limited 9.9% a year.
Debt to equity: Hindalco Industries Limited 0.73 vs National Aluminium Co. Ltd. 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDALCO | NATIONALUM | |
|---|---|---|
| Price | ₹884.7 | ₹314.55 |
| Market cap | ₹2,00,677 cr | ₹57,780 cr |
| P/E | 12 | 8.6 |
| P/B | — | — |
| ROE | 10.3% | 29.4% |
| ROCE | 11.7% | 33.5% |
| Debt / equity | 0.73 | 0.01 |
| Operating margin | 10.9% | 43.5% |
| Dividend yield | 0.56% | 3.66% |
| Sales growth, 3 years (yearly) | 7.1% | 7.8% |
| Profit growth, 3 years (yearly) | 9.9% | 59.3% |
| 1-year return | 3.8% | 32.4% |
| Revenue, last 12 months | ₹2,95,537 cr | ₹19,338 cr |
| Net profit, last 12 months | ₹16,400 cr | ₹6,751 cr |
| Latest quarter | Dec 2023 | Dec 2025 |
| Quarter net profit | ₹2,331 cr | ₹1,595 cr |
| Quarter profit vs a year earlier | — | +1.8% |
| Promoter holding | 34.64% | 51.28% |
| Health check | Strong (6.6/10) | Strong (8.7/10) |
Common questions
Which has a higher P/E, Hindalco Industries Limited or National Aluminium Co. Ltd.?
Hindalco Industries Limited trades at the higher P/E (12 against 8.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
National Aluminium Co. Ltd. (29.4% against 10.3%).
Which carries more debt?
Hindalco Industries Limited has the higher debt-to-equity ratio (0.73 against 0.01).