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Nalco
4.1
based on 205 Reviews
Company Overview
Company Locations
Working at Nalco
Company Summary
NALCO is integrated in the mining and metallurgy sector, producing aluminum and power while maintaining significant profitability and operational excellence in the industry.
Overall Rating
4.1/5
based on 205 reviews
4% above
industry average
Highly rated for
Job security, Salary, Work-life balance
Work Policy
Work from office
86% employees reported
Monday to Saturday
71% employees reported
Strict timing
63% employees reported
No travel
56% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
12 employees reported
Professional degree assistance
6 employees reported
Office cab/shuttle
6 employees reported
Health insurance
6 employees reported
View all benefits
About Nalco
Founded in1981 (44 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersBhubaneswar, Odisha, India
Office Locations
Ahmedabad
|
New Delhi
|
Pune
|
+2
Websitenalcoindia.com
Primary Industry
Other Industries
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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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Nalco Ratings
based on 205 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
115
4
60
3
14
2
8
1
8
Category Ratings
4.1
Job security
4.1
Salary
4.1
Work-life balance
3.9
Company culture
3.9
Work satisfaction
3.8
Skill development
3.5
Promotions
Nalco is rated 4.1 out of 5 stars on AmbitionBox, based on 205 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Nalco
based on 185 reviews
3.3
Rated by 28 Women
Rated 3.9 for Job security and 3.5 for Company culture
4.3
Rated by 157 Men
Rated 4.3 for Work-life balance and 4.2 for Salary
Work Policy at Nalco
based on 21 reviews in last 6 months
Work from office
86%
Hybrid
10%
Permanent work from home
4%
Nalco Reviews
Top mentions in Nalco Reviews
+ 5 more
Compare Nalco with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 205 reviews | 4.1/5 based on 7k reviews | 4.2/5 based on 2.9k reviews | 3.9/5 based on 415 reviews |
Highly Rated for | Work-life balance Salary Job security | Job security Skill development Work-life balance | Job security Skill development Work-life balance | Salary Job security |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 86% employees reported | Work from office 71% employees reported | Work from office 83% employees reported | Work from office 83% employees reported |
Rating by Women Employees | 3.3 Average rated by 28 women | 4.0 Good rated by 450 women | 4.1 Good rated by 176 women | 3.6 Good rated by 70 women |
Rating by Men Employees | 4.3 Good rated by 157 men | 4.1 Good rated by 6.1k men | 4.2 Good rated by 2.5k men | 3.9 Good rated by 322 men |
Job security | 4.1 Good | 4.2 Good | 4.3 Good | 3.8 Good |
View more
Nalco Salaries
Nalco salaries have received with an average score of 4.1 out of 5 by 205 employees.
Deputy Manager
(38 salaries)
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₹13 L/yr - ₹28 L/yr
Assistant General Manager
(9 salaries)
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₹27 L/yr - ₹42 L/yr
Deputy General Manager
(8 salaries)
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₹24 L/yr - ₹50 L/yr
Graduate Engineer Trainee (Get)
(8 salaries)
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₹7 L/yr - ₹16.8 L/yr
Assistant Manager Finance
(7 salaries)
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₹18 L/yr - ₹24 L/yr
Operations Manager
(7 salaries)
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₹17 L/yr - ₹25 L/yr
Graduate Apprenticeship Trainee
(5 salaries)
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₹1 L/yr - ₹1.6 L/yr
Qualified Trainee
(5 salaries)
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₹3.6 L/yr - ₹7 L/yr
Accountant
(5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr
Assistant General Manager Finance
(5 salaries)
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₹14 L/yr - ₹40 L/yr
Nalco Interview Questions
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Nalco News
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Trading Ideas: Avoid Buying NALCO, Hold On To Zensar Tech, Wipro, Say Stock Market Experts
- Trading experts provide insights on stock market strategies.
- Avoid buying NALCO due to negative news flow from China.
- Hold on to investments in Wipro and Zensar Technologies for the long term.
- Consider buying Aster DM and wait for a correction in Yatharth Hospitals.
Bloomberg Quint | 16 Dec, 2024
Buy, Sell Or Hold: BEL, L&T, Britannia, Voltas, SpiceJet — Ask Profit
- Aditya Arora and Lancelot Dcunha provided expert advice on buying, selling, and holding shares of BEL, L&T, Britannia, Voltas, SpiceJet, Tata Motors, and more on NDTV Profit's Ask Profit show.
- Aditya Arora suggests selling Heritage Foods and holding SpiceJet, while Lancelot Dcunha advises waiting before accumulating Cipla shares.
- Aditya Arora recommends buying Britannia, holding BEL, Voltas, MOIL, and NALCO, and selling Tata Motors on rise.
- Lancelot Dcunha suggests holding L&T and Tata Motors, and adds that Voltas is attempting a breakout.
Bloomberg Quint | 11 Dec, 2024
Stocks To Buy: Tata Steel, Hindalco, Nalco Among Metals And Mining Shares To Bet Recommended By Systematix
- Systematix Institutional Equities has recommended buying shares of Tata Steel, Hindalco, and Nalco among metals and mining stocks.
- Systematix upgraded the rating on Tata Steel and Coal India from Hold to Buy after the recent stock price correction.
- Investors should check the target price set by Systematix for Tata Steel and Coal India shares.
- The recommendation comes after analyzing the potential of the metals and mining sector.
Bloomberg Quint | 25 Nov, 2024
IRFC, BHEL, Other PSU Stocks Surge On Revised Guidelines On Dividend Payments And Share Buybacks
- Several public sector undertakings saw an uptick in stock prices following the finance ministry's announcement of revised norms for dividend payouts, share buybacks, and stock splits.
- Under the new norms, CPSEs are mandated to pay a minimum annual dividend of 30% of their profit after tax or 4% of their net worth.
- Notable gainers included IRFC, BHEL, Cochin Shipyard, and HUDCO, with their stocks rising 2%-6%.
- However, National Aluminium Co. and State Bank of India were among the PSU stocks that declined.
Bloomberg Quint | 19 Nov, 2024
Nalco Share Price Rises After China Scraps Aluminium Export Tax Rebates
- Share price of National Aluminium Co. surged 9.30% after China's Ministry of Finance announced the scrapping of export tax rebates on aluminium and copper products.
- The new policy, set to take effect on Dec. 1, 2024, is expected to reduce China's aluminium exports, which could tighten global supply and push prices higher.
- China's export tax rebates have historically acted as a subsidy, lowering the tax burden on exported aluminium and making Chinese products more competitively priced on the global market.
- By eliminating these rebates, China is effectively reducing the competitiveness of its aluminium exports, which could benefit other aluminium producers outside China.
Bloomberg Quint | 18 Nov, 2024
Hindalco, Vedanta, Nalco May Benefit From China's Latest Move
- China's decision to cancel export tax rebates on aluminium could lead to tighter global supply and rising prices, offering a competitive edge to Indian producers like Hindalco, Vedanta, and NALCO.
- The decision, effective from December 1, 2024, could reduce Chinese aluminium exports and potentially tighten global supply and increase prices.
- Indian aluminium players like Hindalco Industries Ltd., Vedanta Ltd., and National Aluminium Company Ltd. could benefit from higher global demand and potentially higher prices.
- China's elimination of export tax rebates may result in higher global aluminium prices, increased demand for other aluminium producers, and potential domestic production and consumption of aluminium products in China.
Bloomberg Quint | 16 Nov, 2024
Nalco Q2 Results Review - Broad-Based Beat Fueled By Favorable Pricing: Motilal Oswal
- Motilal Oswal reiterates its Neutral rating on Nalco stock with a revised target price of Rs 240.
- The stock's broad-based beat in Q2 results is fueled by favorable pricing.
- Nalco is valued at 7.5x Sep'26 EV/Ebitda.
Bloomberg Quint | 14 Nov, 2024
Nalco Share Price Gains As Q2 Profit Grows Over Five Times
- National Aluminium Co.'s share price climbed 5% on Thursday following strong Q2 earnings.
- The company reported a 31.4% increase in revenue, with EBITDA margin at 38.7%.
- Net profit grew from Rs 187 crore to Rs 1,046 crore.
- The board approved an interim dividend of Rs 4 per share.
Bloomberg Quint | 14 Nov, 2024
Tata Steel To JSW Steel: Over Half Of Nifty Metal Companies See Earnings Downgrades For FY25
- Over half of the Nifty Metal companies have seen earnings downgrades for FY25.
- JSW Steel and APL Apollo Tubes have experienced the most significant cuts in net profit estimates at 43% and 36% respectively.
- Companies such as Jindal Stainless, Jindal Steel & Power Ltd., National Aluminium Co., and NMDC Ltd. also witnessed earnings downgrades.
- The weak pricing environment in China and the country's latest stimulus package have contributed to the downgrades in the metal industry.
Bloomberg Quint | 11 Nov, 2024
What analysts predict for Samvat 2081
- Analysts remain cautious due to hefty valuations, geopolitical tensions, higher interest rates, Q2 performance, and US Presidential election.
- Brokerages recommend Gravita India, National Aluminium Company, Jyothy Labs, NCC, and SBI as 'Diwali Picks'.
- Investors advised to consider systematic investment plans (SIP) in small-cap and mid-cap mutual funds for long-term returns.
- Gravita India, Nalco, Jyothy Labs, NCC, and SBI have target prices set by brokerages due to growth potential and positive prospects.
HinduBusinessLine | 29 Oct, 2024
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Nalco FAQs
When was Nalco founded?
Nalco was founded in 1981. The company has been operating for 44 years primarily in the Metals & Mining sector.
Where is the Nalco headquarters located?
Nalco is headquartered in Bhubaneswar, Odisha. It operates in 4 cities such as New Delhi, Pune, Kolkata, Chennai. To explore all the office locations, visit Nalco locations.
How many employees does Nalco have in India?
Nalco currently has more than 5,500+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Nalco based on the number of reviews submitted on AmbitionBox.
Does Nalco have good work-life balance?
Nalco has a work-life balance rating of 4.1 out of 5 based on 200+ employee reviews on AmbitionBox. 85% employees rated Nalco 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Nalco work-life balance reviews for more details
Is Nalco good for career growth?
Career growth at Nalco is rated fairly well, with a promotions and appraisal rating of 3.5. 85% employees rated Nalco 4 or above, while 15% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Nalco promotions/appraisals reviews for more detailed insights.
What are the pros of working in Nalco?
Working at Nalco offers several advantages that make it an appealing place for employees. The company is highly rated for job security, salary & benefits and work life balance, based on 200+ employee reviews on AmbitionBox.
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