
Hindalco Industries vs Vedanta vs National Aluminium Company: Which Stock Should You Track
Hindalco Industries PE 13.36, mkt cap Rs 2,19,105 crore. Vedanta PE 3.59, mkt cap Rs 1,02,452 crore. National Aluminium Company PE 9.57, mkt cap Rs 64,631 crore.
Updated: 23 Sept 2026 • 12:48 pm
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Quick Answer
Hindalco Industries vs Vedanta vs National Aluminium Company is a side-by-side comparison of three companies from the Non-Ferrous Metals space. On this comparison, Hindalco Industries carries a market capitalisation of about Rs 2,19,105 crore against Rs 1,02,452 crore for Vedanta and Rs 64,631 crore for National Aluminium Company, with return on equity of 12.83%, 9.55% and 26.83% respectively. Each company's numbers are presented here without a declared better pick, since the right stock depends on an investor's own criteria.
Hindalco Industries vs Vedanta vs National Aluminium Company starts with the core numbers most investors compare within the Non-Ferrous Metals segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Non-Ferrous Metals bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Hindalco Industries, Vedanta and National Aluminium Company: Company Overview
Hindalco Industries is a listed Indian company in the Non-Ferrous Metals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Vedanta is a listed Indian company in the Non-Ferrous Metals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
National Aluminium Company is a listed Indian company in the Non-Ferrous Metals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Hindalco Industries vs Vedanta vs National Aluminium Company: Valuation and Profitability Snapshot
| Metric | Hindalco Industries | Vedanta | National Aluminium Company |
|---|---|---|---|
| Market Cap (approx.) | Rs 2,19,105 crore | Rs 1,02,452 crore | Rs 64,631 crore |
| PE Ratio (TTM) | 13.36 | 3.59 | 9.57 |
| PB Ratio | 1.60 | 2.06 | 2.99 |
| Return on Equity (ROE) | 12.83% | 9.55% | 26.83% |
| EPS (TTM, Rs) | 72.98 | 73.03 | 36.76 |
| Dividend Yield | 0.51% | 12.98% | 3.27% |
| Debt to Equity | 0.73 | 0.56 | 0.00 |
| Book Value per Share (Rs) | 607.80 | 126.97 | 117.63 |
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On valuation, Hindalco Industries trades at a PE of 13.36 and a PB of 1.60, Vedanta at a PE of 3.59 and a PB of 2.06, while National Aluminium Company trades at a PE of 9.57 and a PB of 2.99. On return on equity, the three post 12.83%, 9.55% and 26.83% respectively, and on dividend yield they stand at 0.51%, 12.98% and 3.27%.
Hindalco Industries vs Vedanta vs National Aluminium Company: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Hindalco Industries | Rs 85,882.00 crore | Rs 7,013.00 crore | +32.5% | +8.5% |
| Vedanta | Rs 24,747.00 crore | Rs 7,918.00 crore | +53.4% | -1.1% |
| National Aluminium Company | Rs 5,475.68 crore | Rs 2,003.14 crore | +39.3% | +5.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.
Download the Univest iOS App or Univest Android App to track Hindalco Industries, Vedanta and National Aluminium Company live prices.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three non-ferrous metals names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Hindalco Industries vs Vedanta vs National Aluminium Company highlights how differently three companies in the same non-ferrous metals segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Hindalco Industries vs Vedanta vs National Aluminium Company
What is the market cap difference between Hindalco Industries, Vedanta and National Aluminium Company?
Ans. As of September 2026, Hindalco Industries has a market cap of approximately Rs 2,19,105 crore, Vedanta is at approximately Rs 1,02,452 crore, and National Aluminium Company is at approximately Rs 64,631 crore.
Which of the three has the highest PE ratio?
Ans. Among Hindalco Industries, Vedanta and National Aluminium Company, the PE ratios stand at 13.36, 3.59 and 9.57 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Hindalco Industries, Vedanta and National Aluminium Company post ROE of 12.83%, 9.55% and 26.83% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Hindalco Industries, Vedanta and National Aluminium Company carry dividend yields of 0.51%, 12.98% and 3.27% respectively.
What is the debt to equity ratio for Hindalco Industries, Vedanta and National Aluminium Company?
Ans. Hindalco Industries carries a debt to equity of 0.73, Vedanta of 0.56, and National Aluminium Company of 0.00.
Which of the three trades at the highest price to book value?
Ans. Hindalco Industries, Vedanta and National Aluminium Company trade at price to book ratios of 1.60, 2.06 and 2.99 respectively.
Is one of Hindalco Industries, Vedanta or National Aluminium Company better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.
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