Nalco: OPM jumps over 600 bp - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Nalco: OPM jumps over 600 bp

Nov 2, 2000

National Aluminium has posted a 68% rise in net profits for the quarter ended 30th September 2000. The company has benefited from better operating margins and a rise in other income.

(Rs m)2QFY002QFY01Change
Sales 5,243 6,193 18.1%
Other Income 279 397 42.2%
Expenditure 3,187 3,291 3.3%
Operating Profit (EBDIT) 2,056 2,902 41.2%
Operating Profit Margin (%)39.2%46.9% 
Interest 222 238 7.4%
Depreciation 702 714 1.7%
Profit before Tax 1,411 2,346 66.3%
Other Adjustments - -  
Tax 367 596 62.4%
Profit after Tax/(Loss) 1,044 1,750 67.7%
Net profit margin (%)19.9%28.3% 
No. of Shares (eoy) 644.3 644.3  
Diluted Earnings per share* 6.5 10.9 67.7%
*(annualised)   
P/e ratio 6.5 3.9  

We have projected a full year growth of 14% in turnover and 18% in profits. Our bottomline estimates do not seem to be in line mainly due to the fact that Nalco has yet to take into account higher interest and depreciation expenditure on account of the commissioning of its enhanced alumina capacity later this year. Indeed we have projected the depreciation and interest expenditure to rise by 29% and 41% respectively.

At its current price of Rs 42 the stock trades at a P/e multiple of 3.9x on annualised 2QFY01 earnings.

Equitymaster requests your view! Post a comment on "Nalco: OPM jumps over 600 bp". Click here!

  

More Views on News

NALCO 2020-21 Annual Report Analysis (Annual Result Update)

Oct 19, 2021 | Updated on Oct 19, 2021

Here's an analysis of the annual report of NALCO for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of NALCO. Also includes updates on the valuation of NALCO.

NALCO Announces Quarterly Results (1QFY22); Net Profit Up 1991.0% (Quarterly Result Update)

Aug 9, 2021 | Updated on Aug 9, 2021

For the quarter ended June 2021, NALCO has posted a net profit of Rs 3 bn (up 1991.0% YoY). Sales on the other hand came in at Rs 25 bn (up 79.2% YoY). Read on for a complete analysis of NALCO's quarterly results.

Hindalco Q4 Profit Surges 189% as Demand Surpasses Pre-Covid Level (Views On News)

May 24, 2021

A look into the country's leading aluminium and copper manufacturer's stellar Q4 performance.

NALCO 2019-20 Annual Report Analysis (Annual Result Update)

Dec 8, 2020 | Updated on Dec 8, 2020

Here's an analysis of the annual report of NALCO for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of NALCO. Also includes updates on the valuation of NALCO.

NALCO Announces Quarterly Results (3QFY20); Net Profit Down 111.3% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, NALCO has posted a net profit of Rs 340 m (down 111.3% YoY). Sales on the other hand came in at Rs 21 bn (down 23.2% YoY). Read on for a complete analysis of NALCO's quarterly results.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

6 Penny Stocks that Rallied 1,000%+ in One Year (Views On News)

Dec 6, 2021

These penny stocks shed their penny status by surging 1,000% or more in the last one year.

The Biggest Winners and Losers in India's Transition to Electric Vehicles (Profit Hunter)

Nov 26, 2021

How India's EV transition could be a major headwind for the incumbents.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

NALCO SHARE PRICE


Dec 9, 2021 03:37 PM

TRACK NALCO

NALCO - BOTHRA METALS COMPARISON

COMPARE NALCO WITH

MARKET STATS