Narrative Update • Jul 09
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJul 23, 2026
DataAggregated Company Financials
Companies27
- 7D-1.7%
- 3M-12.1%
- 1Y43.1%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 1.7%, driven by Vedanta Aluminium Metal declining 4.1%. Meanwhile, Jainik Power Cables actually outperformed within the industry, gaining 27% in the last week. This takes the industry's 12 month performance to a gain of 43%. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Jul 2026 | ₹2.9t | ₹3.1t | ₹197.6b | 20.6x | 14.7x | 0.9x |
| Sat, 20 Jun 2026 | ₹4.9t | ₹3.1t | ₹195.3b | 15.6x | 24.9x | 1.6x |
| Mon, 18 May 2026 | ₹3.2t | ₹2.9t | ₹220.7b | 18.8x | 14.5x | 1.1x |
| Wed, 15 Apr 2026 | ₹3.0t | ₹2.9t | ₹223.9b | 17x | 13.5x | 1.1x |
| Fri, 13 Mar 2026 | ₹3.0t | ₹2.9t | ₹223.9b | 15.2x | 13.3x | 1x |
| Sun, 08 Feb 2026 | ₹2.8t | ₹2.8t | ₹240.8b | 22.1x | 11.8x | 1x |
| Tue, 06 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 23.4x | 11.4x | 1x |
| Thu, 04 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 22x | 9.8x | 0.8x |
| Sat, 01 Nov 2025 | ₹2.4t | ₹2.7t | ₹228.3b | 21.5x | 10.4x | 0.9x |
| Mon, 29 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.7x | 9.1x | 0.8x |
| Wed, 27 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.2b | 18.6x | 8.6x | 0.7x |
| Fri, 25 Jul 2025 | ₹2.0t | ₹2.6t | ₹214.4b | 19.5x | 9.1x | 0.8x |
| Sun, 22 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 17.5x | 8.5x | 0.7x |
| Tue, 20 May 2025 | ₹1.8t | ₹2.5t | ₹182.5b | 17.6x | 10.1x | 0.7x |
| Thu, 17 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.8x | 9.2x | 0.7x |
| Sat, 15 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.9x | 10.3x | 0.8x |
| Mon, 10 Feb 2025 | ₹1.8t | ₹2.4t | ₹157.7b | 22.1x | 11.2x | 0.7x |
| Wed, 08 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 23.4x | 10.9x | 0.7x |
| Fri, 06 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 23.5x | 12.6x | 0.8x |
| Sun, 03 Nov 2024 | ₹2.0t | ₹2.4t | ₹134.3b | 25.3x | 15x | 0.8x |
| Tue, 01 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 26x | 15.8x | 0.9x |
| Thu, 29 Aug 2024 | ₹2.0t | ₹2.4t | ₹134.2b | 28.6x | 14.6x | 0.8x |
| Sat, 27 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.6x | 15x | 0.8x |
| Mon, 24 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.9x | 15.4x | 0.8x |
| Wed, 22 May 2024 | ₹2.0t | ₹2.3t | ₹112.1b | 21.4x | 17.5x | 0.8x |
| Fri, 19 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 21.6x | 15.6x | 0.7x |
| Sun, 17 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.3x | 13.2x | 0.6x |
| Tue, 13 Feb 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 20.7x | 16.1x | 0.7x |
| Thu, 11 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 18.9x | 16x | 0.7x |
| Sat, 09 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15x | 13.8x | 0.6x |
| Mon, 06 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21x | 12.7x | 0.5x |
| Wed, 04 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.7x | 13.2x | 0.6x |
| Fri, 01 Sep 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15x | 12.4x | 0.5x |
| Sun, 30 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are optimistic on the Indian Aluminum industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 12.6x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 8.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Aluminum compare with similar industries?
| IN Market | -0.43% | |
| Materials | 0.55% | |
| Metals and Mining | -0.12% | |
| Aluminum | -1.66% | |
| Diversified Metals and Mining | 0.86% | |
| Steel | -0.028% | |
| Copper | -0.37% | |
| Gold | -7.12% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 539151 Arfin India | ₹90.90 | 2.7% +₹399.9m | 165.6% | PE99.3x | |
| JAINIK Jainik Power Cables | ₹178.10 | 14.7% +₹327.8m | 81.5% | PE18.2x | |
| 544506 Sharvaya Metals | ₹116.50 | 17.6% +₹174.5m | n/a | PE10x | |
| 544452 Swastika Castal | ₹87.12 | 9.1% +₹59.4m | n/a | PE21.7x | |
| 500083 Century Extrusions | ₹18.98 | 3.5% +₹52.0m | -21.5% | PE13.8x |