Narrative Update • Jul 23
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedAug 06, 2026
DataAggregated Company Financials
Companies26
- 7D8.4%
- 3M-2.7%
- 1Y60.3%
- YTDn/a
The Aluminum industry is up 8.9% in the last week, with Hindalco Industries up 8.0%. In the last 12 months, the industry was up 57%. Earnings are forecast to grow by 16% 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, 06 Aug 2026 | ₹3.1t | ₹3.1t | ₹205.6b | 19.5x | 15.3x | 1x |
| Sat, 04 Jul 2026 | ₹2.9t | ₹3.1t | ₹196.0b | 19.5x | 14.8x | 0.9x |
| Mon, 01 Jun 2026 | ₹3.4t | ₹3.0t | ₹194.0b | 19.4x | 17.4x | 1.1x |
| Wed, 29 Apr 2026 | ₹3.3t | ₹2.9t | ₹223.9b | 19.1x | 14.7x | 1.1x |
| Fri, 27 Mar 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 14.4x | 12x | 0.9x |
| Sun, 22 Feb 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 18.4x | 12.5x | 1x |
| Tue, 20 Jan 2026 | ₹2.9t | ₹2.8t | ₹240.6b | 22.8x | 11.9x | 1x |
| Thu, 18 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 20.6x | 10.2x | 0.9x |
| Sat, 15 Nov 2025 | ₹2.3t | ₹2.8t | ₹240.5b | 21.4x | 9.7x | 0.8x |
| Mon, 13 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.4b | 21x | 9.6x | 0.8x |
| Wed, 10 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.1b | 20.8x | 9.1x | 0.8x |
| Fri, 08 Aug 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.1x | 9x | 0.7x |
| Sun, 06 Jul 2025 | ₹2.0t | ₹2.6t | ₹214.4b | 19.6x | 9.1x | 0.7x |
| Tue, 03 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 17.1x | 8.3x | 0.7x |
| Thu, 01 May 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.7x | 9.4x | 0.7x |
| Sat, 29 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.7x | 10.3x | 0.8x |
| Mon, 24 Feb 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 19.5x | 10.2x | 0.7x |
| Wed, 22 Jan 2025 | ₹1.8t | ₹2.4t | ₹158.2b | 21.8x | 11.3x | 0.7x |
| Fri, 20 Dec 2024 | ₹1.9t | ₹2.4t | ₹158.2b | 24.6x | 11.7x | 0.8x |
| Sun, 17 Nov 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 21.3x | 11.7x | 0.8x |
| Tue, 15 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.4x | 15.8x | 0.9x |
| Thu, 12 Sep 2024 | ₹1.8t | ₹2.4t | ₹134.2b | 26.6x | 13.5x | 0.8x |
| Sat, 10 Aug 2024 | ₹1.8t | ₹2.3t | ₹125.5b | 23.2x | 14x | 0.7x |
| Mon, 08 Jul 2024 | ₹2.0t | ₹2.3t | ₹125.6b | 22.8x | 15.7x | 0.8x |
| Wed, 05 Jun 2024 | ₹1.8t | ₹2.4t | ₹125.5b | 20.8x | 14.1x | 0.8x |
| Fri, 03 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.5x | 16.2x | 0.8x |
| Sun, 31 Mar 2024 | ₹1.6t | ₹2.3t | ₹112.1b | 18.7x | 14x | 0.7x |
| Tue, 27 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.2x | 13.1x | 0.6x |
| Thu, 25 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 19.6x | 15.5x | 0.7x |
| Sat, 23 Dec 2023 | ₹1.5t | ₹2.4t | ₹100.2b | 16.6x | 15.2x | 0.6x |
| Mon, 20 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 15.6x | 13.2x | 0.6x |
| Wed, 18 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.7x | 13x | 0.5x |
| Fri, 15 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.5x | 13.4x | 0.6x |
| Sun, 13 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15.6x | 12.4x | 0.5x |
Price to Earnings Ratio
12.4x
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 14.9x 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 0.79x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | 1.63% | |
| Materials | 2.58% | |
| Metals and Mining | 4.45% | |
| Aluminum | 8.37% | |
| Copper | 10.35% | |
| Diversified Metals and Mining | 8.01% | |
| Gold | 3.56% | |
| Steel | 2.61% | |
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 | |
|---|---|---|---|---|---|
| 500440 Hindalco Industries | ₹1.04k | 8.0% +₹170.4b | 51.7% | PE17.2x | |
| VAML Vedanta Aluminium Metal | ₹467.95 | 6.4% +₹110.9b | n/a | PE47.6x | |
| NATIONALUM National Aluminium | ₹381.00 | 10.5% +₹66.7b | 102.0% | PE10.4x | |
| CMRGREEN CMR Green Technologies | ₹226.88 | 5.5% +₹2.6b | n/a | PE23.4x | |
| MMP MMP Industries | ₹329.35 | 17.6% +₹1.3b | 28.6% | PE27x |