VAML vs National Aluminium: share price, P/E, ROE and financials compared
Vedanta Aluminium Metal
National Aluminium Co.
VAML and National Aluminium at a glance
VAML and National Aluminium are both listed in Metals & Mining. VAML is the larger by market cap, at ₹1.5L Cr against ₹59,828 Cr for National Aluminium (2.5 times as large). On valuation, National Aluminium has the lower price-to-book (2.40× against 6.38×). On returns and margins, National Aluminium has the higher operating margin (43.8% against 41.3%). National Aluminium carries less debt for its equity, with a debt-to-equity of 0.00× against 1.05×.
Key metrics, side by side
| Metric | VAMLVAML | National AluminiumNATIONALUM |
|---|---|---|
| Price (₹) | 376.05 | 325.75 |
| Market cap (₹ Cr) | 1,46,816 | 59,828 |
| P/E | 22.2× | 8.4× |
| P/B | 6.38× | 2.40× (the lower figure, shaded) |
| Dividend yield, trailing | 2.13% | 3.53% (the higher figure, shaded) |
| ROE | 28.8% | 32.0% |
| ROCE | – | 33.3% |
| Operating margin (OPM) | 41.3% | 43.8% (the higher figure, shaded) |
| Net margin (NPM) | 50.1% | 35.0% |
| Sales CAGR 3Y | – | +7.8% |
| Profit CAGR 3Y | – | +59.3% |
| Debt to equity | 1.05× | 0.00× (the lower figure, shaded) |
| Interest cover | −5.7× | 341.3× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | – | 6,751 |
| 1Y return | −23.6% | +41.9% (the higher figure, shaded) |
| Promoter holding | 56.38% | 51.28% |
VAML vs National Aluminium: common questions
Which is bigger, VAML or National Aluminium?
By market cap, VAML is bigger at ₹1.5L Cr, against ₹59,828 Cr for National Aluminium (prices as of 6 Nov 2026).
Which has a lower P/E ratio, VAML or National Aluminium?
VAML trades at a P/E of 22.2× and National Aluminium at 8.4×. VAML’s P/E isn’t ranked because its profit includes a one-off gain. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, VAML or National Aluminium?
VAML reports a return on equity of 28.8% and National Aluminium 32.0%. VAML’s ROE isn’t ranked because its profit includes a one-off gain. ROE is net profit as a share of shareholders’ equity.