Company Description
National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal and power. The Company registered a record net-profit of Rs 1732 crore in 2018-19, which is the highest in a decade and sales turnover of Rs 11386 crore in financial year 2018-19, which is the highest since inception. The export earning have been recorded at 4,793 crore, also registering an impressive growth of 18 per cent over 2017-18. In matters of profitability, NALCO is ahead of its private sector peers by registering EBIDTA margin of 28 per cent. Presently, Government of India holds 51.5% equity of NALCO.NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep Ports. The Company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 9 operating stockyards at various locations in the Country to facilitate domestic marketing.
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