Narrative Update • Aug 22
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedAug 29, 2026
DataAggregated Company Financials
Companies26
- 7D0.1%
- 3M-7.6%
- 1Y58.8%
- YTDn/a
Over the last 7 days, the Aluminum industry has remained flat, although notably Vedanta Aluminium Metal gained 3.6%. The past year has been better, since the industry has gained 59% in that time. As for the next few years, earnings are expected to grow by 12% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 29 Aug 2026 | ₹3.2t | ₹3.3t | ₹236.2b | 19.7x | 13.4x | 1x |
| Mon, 27 Jul 2026 | ₹2.9t | ₹3.1t | ₹196.1b | 17.8x | 14.5x | 0.9x |
| Wed, 24 Jun 2026 | ₹4.8t | ₹3.1t | ₹195.3b | 15.9x | 24.4x | 1.6x |
| Fri, 22 May 2026 | ₹3.3t | ₹2.9t | ₹220.8b | 18.4x | 14.8x | 1.1x |
| Sun, 19 Apr 2026 | ₹3.2t | ₹2.9t | ₹223.9b | 18.4x | 14.3x | 1.1x |
| Tue, 17 Mar 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 14.9x | 12.6x | 1x |
| Thu, 12 Feb 2026 | ₹2.9t | ₹2.8t | ₹240.8b | 19x | 12.1x | 1x |
| Sat, 10 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 22.5x | 11.3x | 1x |
| Mon, 08 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 21.6x | 9.9x | 0.9x |
| Wed, 05 Nov 2025 | ₹2.3t | ₹2.7t | ₹228.3b | 20.9x | 10.2x | 0.9x |
| Fri, 03 Oct 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.2x | 9.4x | 0.8x |
| Sun, 31 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.1b | 19.6x | 8.6x | 0.7x |
| Tue, 29 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.1x | 9x | 0.7x |
| Thu, 26 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.3b | 18x | 8.8x | 0.7x |
| Sat, 24 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 18.2x | 8.5x | 0.7x |
| Mon, 21 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.6x | 9.2x | 0.7x |
| Wed, 19 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.5x | 10.6x | 0.8x |
| Fri, 14 Feb 2025 | ₹1.7t | ₹2.4t | ₹168.6b | 20.2x | 10.3x | 0.7x |
| Sun, 12 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 23.3x | 10.7x | 0.7x |
| Tue, 10 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 24.9x | 12.7x | 0.8x |
| Thu, 07 Nov 2024 | ₹2.1t | ₹2.4t | ₹134.3b | 24.8x | 15.5x | 0.9x |
| Sat, 05 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.1x | 15.8x | 0.9x |
| Mon, 02 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 27.9x | 14.5x | 0.8x |
| Wed, 31 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.3x | 14.9x | 0.8x |
| Fri, 28 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 21.9x | 15.2x | 0.8x |
| Sun, 26 May 2024 | ₹1.9t | ₹2.4t | ₹119.7b | 20.9x | 15.9x | 0.8x |
| Tue, 23 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.7x | 15.7x | 0.7x |
| Thu, 21 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.1x | 13.2x | 0.6x |
| Sat, 17 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.6x | 13.4x | 0.6x |
| Mon, 15 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 19x | 16.1x | 0.7x |
| Wed, 13 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15.2x | 13.9x | 0.6x |
| Fri, 10 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.3x | 12.9x | 0.5x |
| Sun, 08 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.4x | 12.7x | 0.5x |
| Tue, 05 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 19x | 13.2x | 0.6x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are relatively neutral on the Indian Aluminum industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 12.7x.
- The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 12% 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 | 0.099% | |
| Materials | 1.04% | |
| Metals and Mining | 2.57% | |
| Aluminum | 0.14% | |
| Diversified Metals and Mining | 3.69% | |
| Steel | 3.17% | |
| Copper | -6.78% | |
| Gold | -7.28% | |
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 | |
|---|---|---|---|---|---|
| VAML Vedanta Aluminium Metal | ₹456.15 | 3.6% +₹62.0b | n/a | PE46.4x | |
| CMRGREEN CMR Green Technologies | ₹225.11 | 5.8% +₹2.7b | n/a | PE22.3x | |
| NATIONALUM National Aluminium | ₹394.95 | 0.1% +₹918.3m | 112.1% | PE10.7x | |
| 513307 Belding India | ₹1.04k | 2.5% +₹360.5m | 131.7% | PS5925.8x | |
| BAHETI Baheti Recycling Industries | ₹847.00 | 3.9% +₹330.8m | 50.3% | PE32.5x |