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Indian (NIFTY) Aluminum Industry Analysis
UpdatedMar 15, 2026
DataAggregated Company Financials
Companies24
- 7D-4.3%
- 3M13.1%
- 1Y48.4%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 4.3%, driven by a pullback from Hindalco Industries of 5.1%. Meanwhile, Belding India actually outperformed within the industry, gaining 6.6% in the last week. In the past year, the industry has gained 48%. Looking forward, earnings are forecast to grow by 8.9% 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 |
|---|---|---|---|---|---|---|
| Sun, 15 Mar 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 14.9x | 12.6x | 1x |
| Tue, 10 Feb 2026 | ₹2.9t | ₹2.8t | ₹240.8b | 21x | 12.1x | 1x |
| Thu, 08 Jan 2026 | ₹2.8t | ₹2.8t | ₹240.6b | 23.7x | 11.7x | 1x |
| Sat, 06 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 21.6x | 9.9x | 0.9x |
| Mon, 03 Nov 2025 | ₹2.4t | ₹2.7t | ₹228.3b | 21.5x | 10.4x | 0.9x |
| Wed, 01 Oct 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.3x | 9.4x | 0.8x |
| Fri, 29 Aug 2025 | ₹1.9t | ₹2.7t | ₹228.1b | 19.3x | 8.5x | 0.7x |
| Sun, 27 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19x | 9.1x | 0.7x |
| Tue, 24 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.3b | 17.2x | 8.7x | 0.7x |
| Thu, 22 May 2025 | ₹1.8t | ₹2.6t | ₹203.6b | 17.4x | 9.1x | 0.7x |
| Sat, 19 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.6x | 9.2x | 0.7x |
| Mon, 17 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.9x | 10.3x | 0.8x |
| Wed, 12 Feb 2025 | ₹1.7t | ₹2.4t | ₹168.6b | 21.1x | 10.1x | 0.7x |
| Fri, 10 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 23x | 10.9x | 0.7x |
| Sun, 08 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 24.3x | 12.6x | 0.8x |
| Tue, 05 Nov 2024 | ₹2.0t | ₹2.4t | ₹134.3b | 24.3x | 14.7x | 0.8x |
| Thu, 03 Oct 2024 | ₹2.2t | ₹2.4t | ₹134.2b | 25.9x | 16.1x | 0.9x |
| Sat, 31 Aug 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 27.9x | 14.5x | 0.8x |
| Mon, 29 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.6x | 15x | 0.8x |
| Wed, 26 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 22.7x | 15.3x | 0.8x |
| Fri, 24 May 2024 | ₹1.9t | ₹2.3t | ₹112.1b | 21.2x | 17x | 0.8x |
| Sun, 21 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.7x | 15.7x | 0.7x |
| Tue, 19 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.2x | 13.2x | 0.6x |
| Thu, 15 Feb 2024 | ₹1.5t | ₹2.3t | ₹109.9b | 21.2x | 13.4x | 0.6x |
| Sat, 13 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 19x | 16.1x | 0.7x |
| Mon, 11 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15x | 13.8x | 0.6x |
| Wed, 08 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.7x | 13x | 0.5x |
| Fri, 06 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.3x | 13.2x | 0.6x |
| Sun, 03 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 15.8x | 12.8x | 0.5x |
| Tue, 01 Aug 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.6x | 10.5x | 0.5x |
| Thu, 29 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.4x | 9.4x | 0.5x |
| Sat, 27 May 2023 | ₹1.1t | ₹2.4t | ₹118.7b | 10.8x | 9.3x | 0.5x |
| Mon, 24 Apr 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 10.6x | 8.1x | 0.5x |
| Wed, 22 Mar 2023 | ₹1.0t | ₹2.4t | ₹138.6b | 9.2x | 7.5x | 0.4x |
Price to Earnings Ratio
7.5x
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 11.8x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 5.6% 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 | -4.42% | |
| Materials | -5.01% | |
| Metals and Mining | -5.30% | |
| Aluminum | -4.31% | |
| Diversified Metals and Mining | -4.90% | |
| Steel | -5.43% | |
| Copper | -11.11% | |
| Gold | -13.78% | |
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 | |
|---|---|---|---|---|---|
| 513307 Belding India | ₹1.83k | 6.6% +₹1.6b | 669.5% | PE2701x | |
| 512425 Nirav Commercials | ₹628.00 | 2.8% +₹6.7m | 4.7% | PS2.4x | |
| 544559 Om Metallogic | ₹15.08 | 0.2% +₹235.9k | n/a | PE3.7x |
