National Aluminium Company vs MOIL: Share Price, Comparison and Key Differences

NALCO MCap Rs 69,976 Cr, PE 10.36x, ROE 26.83%, zero debt, Div 2.76%. MOIL MCap Rs 5,759 Cr, PE 18.97x, ROE 9.87%, zero debt, Div 1.88%.

NALCO vs MOIL is a comparison government metal PSU investors look up when evaluating two listed public sector mining companies under the Ministry of Mines. National Aluminium Company (NALCO) is India’s largest bauxite-alumina-aluminium integrated producer, while MOIL (formerly Manganese Ore India Limited) is India’s largest manganese ore producer supplying to ferroalloy companies and steel plants. Both are government-owned, zero-debt companies but in different metal segments with very different market sizes.

This National Aluminium Company vs MOIL article covers reach and market position, key products, latest declared results and stock valuation. The National Aluminium Company vs MOIL data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

National Aluminium Company vs MOIL: Reach and Market Position

On the National Aluminium Company side of the National Aluminium Company vs MOIL comparison, NALCO operates bauxite mines in Odisha, an alumina refinery in Damanjodi and an aluminium smelter in Angul (Odisha). Market capitalisation is Rs 69,976 Cr.

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On the MOIL side of the National Aluminium Company vs MOIL comparison, MOIL operates manganese ore mines in Nagpur, Bhandara and Balaghat districts of Maharashtra and Madhya Pradesh. Market capitalisation is Rs 5,759 Cr.

National Aluminium Company vs MOIL: Key Products and Business Mix

In the National Aluminium Company vs MOIL product comparison, National Aluminium Company offers: NALCO earns from aluminium ingots, alumina (for export) and captive power. EPS is Rs 36.76. PE is 10.36x, ROE 26.83 percent, zero debt. Dividend yield is 2.76 percent.

For MOIL in this National Aluminium Company vs MOIL breakdown: MOIL earns from manganese ore sales to ferroalloy and steel companies. EPS is Rs 14.92. PE is 18.97x, ROE 9.87 percent, zero debt. Dividend yield is 1.88 percent.

National Aluminium Company vs MOIL: Latest Results

The National Aluminium Company vs MOIL results for National Aluminium Company: NALCO has a market cap of Rs 69,976 Cr and PE of 10.36x. ROE is 26.83 percent – exceptionally high for a PSU metal company. Zero debt and a 2.76 percent dividend yield. NALCO is 12 times larger than MOIL by market cap.

The National Aluminium Company vs MOIL results for MOIL: MOIL has a market cap of Rs 5,759 Cr and PE of 18.97x. ROE is 9.87 percent. MOIL is much smaller and has a lower ROE but is zero-debt and pays regular dividends.

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National Aluminium Company vs MOIL: Stock and Valuation

The National Aluminium Company vs MOIL stock comparison uses the latest available market data from Groww. Investors tracking National Aluminium Company vs MOIL should verify current prices on NSE or BSE before trading.

NALCO vs MOIL at current valuations: NALCO trades at Rs 69,976 Cr market cap, PE 10.36x, ROE 26.83 percent, zero debt, Div 2.76 percent. MOIL trades at Rs 5,759 Cr market cap, PE 18.97x, ROE 9.87 percent, zero debt. NALCO is dramatically larger, cheaper on PE, and delivers a much higher ROE and dividend yield. Both are zero-debt government metal PSUs.

National Aluminium Company vs MOIL: Quick Comparison Table

The National Aluminium Company vs MOIL comparison table below summarises the key metrics covered in this article side by side.

Conclusion

The National Aluminium Company vs MOIL comparison above covers the key data points on reach, products, results and valuation. NALCO vs MOIL covers two government-owned metal mining PSUs – an aluminium giant and a manganese ore miner. NALCO is dramatically larger with a higher ROE and lower PE. MOIL is a manganese niche PSU, much smaller but consistently profitable. NALCO vs MOIL investors should review aluminium LME prices for NALCO and manganese ore price trends for MOIL, as both are commodity-sensitive. NALCO vs MOIL both are zero-debt, dividend-paying PSUs – consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does NALCO produce?

Ans. NALCO (National Aluminium Company) is India’s largest integrated aluminium company, mining bauxite in Odisha, refining it to alumina, and smelting it to primary aluminium ingots and aluminium products.

What does MOIL produce?

Ans. MOIL is India’s largest manganese ore producer. It mines various grades of manganese ore from mines in Maharashtra and Madhya Pradesh, supplying to ferroalloy companies that make manganese alloys for steel.

Why is NALCO’s ROE so high for a PSU?

Ans. NALCO’s ROE of 26.83 percent reflects its captive power generation (which reduces energy costs – the largest cost in aluminium smelting), zero debt and integrated production model.

Does NALCO pay dividends?

Ans. Yes. NALCO pays a dividend yield of approximately 2.76 percent – one of the higher yields in the metal PSU space.

What is manganese used for?

Ans. Manganese is used primarily in steel production – manganese alloys (ferromanganase, silico manganese) are added to steel to improve strength, toughness and wear resistance. Approximately 90 percent of manganese is consumed in steel.

Is NALCO in Nifty 50?

Ans. No. NALCO is not in Nifty 50. It is tracked in Nifty Metal and Nifty PSE indices.

Which is larger, NALCO or MOIL?

Ans. NALCO at Rs 69,976 Cr is dramatically larger than MOIL at Rs 5,759 Cr – approximately 12 times larger.