Hi @harsh.beria93 - its totally ok to share extracts.
In ref to Nalco, I feel the blended margins are not bad for the company. They do make good money by exporting aluminia. I don’t know if Nalco is the lowest cost producer but several reports, credit rating etc say that its one of the lowest cost producer. The numbers were badly impacted in recent quarters due to 1. lower prices 2. issues in coal block impacting their power cost. There used to be articles about additional coal blocks etc which will help the company reduce cost further and also go for an expansion after a long time.
Based on my interaction with some industry people, it is believed that Nalco trades at substantial discount to replacement value and the biggest comfort is that the company is debt free.
Regards,
Ayush
Disc: Invested in family accounts and client accounts.