Narrative Update • Aug 22
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedSep 02, 2026
DataAggregated Company Financials
Companies26
- 7D-3.9%
- 3M-11.7%
- 1Y48.9%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 3.9%, driven by a pullback from Hindalco Industries of 3.4%. In contrast, CMR Green Technologies has gained 6.0%. Over the past 12 months, the industry was up 49%. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | ₹3.1t | ₹3.3t | ₹236.2b | 18.8x | 13x | 0.9x |
| Fri, 31 Jul 2026 | ₹2.9t | ₹3.1t | ₹196.1b | 18.5x | 14.9x | 0.9x |
| Sun, 28 Jun 2026 | ₹2.9t | ₹3.1t | ₹195.3b | 15.8x | 14.7x | 0.9x |
| Tue, 26 May 2026 | ₹3.3t | ₹3.0t | ₹193.9b | 18.3x | 16.9x | 1.1x |
| Thu, 23 Apr 2026 | ₹3.2t | ₹2.9t | ₹223.9b | 18.3x | 14.3x | 1.1x |
| Sat, 21 Mar 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 14.6x | 12.1x | 0.9x |
| Mon, 16 Feb 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 16.7x | 12.3x | 1x |
| Wed, 14 Jan 2026 | ₹2.8t | ₹2.8t | ₹240.6b | 22x | 11.7x | 1x |
| Fri, 12 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 20.8x | 9.9x | 0.9x |
| Sun, 09 Nov 2025 | ₹2.2t | ₹2.7t | ₹232.1b | 21.4x | 9.7x | 0.8x |
| Tue, 07 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.3b | 21.2x | 9.5x | 0.8x |
| Thu, 04 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.1b | 19.8x | 9.1x | 0.8x |
| Sat, 02 Aug 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 17.8x | 8.7x | 0.7x |
| Mon, 30 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.6x | 9.1x | 0.7x |
| Wed, 28 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.2x | 8.6x | 0.7x |
| Fri, 25 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.9x | 9.5x | 0.7x |
| Sun, 23 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 17.5x | 10.5x | 0.8x |
| Tue, 18 Feb 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 18.3x | 9.5x | 0.7x |
| Thu, 16 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 22.2x | 10.9x | 0.7x |
| Sat, 14 Dec 2024 | ₹1.9t | ₹2.4t | ₹158.2b | 25.3x | 12.3x | 0.8x |
| Mon, 11 Nov 2024 | ₹1.9t | ₹2.4t | ₹133.9b | 24.8x | 14.5x | 0.8x |
| Wed, 09 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.1x | 15.3x | 0.9x |
| Fri, 06 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.9x | 13.9x | 0.8x |
| Sun, 04 Aug 2024 | ₹1.8t | ₹2.3t | ₹125.6b | 23.5x | 14.6x | 0.8x |
| Tue, 02 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 22.2x | 15.4x | 0.8x |
| Thu, 30 May 2024 | ₹2.0t | ₹2.4t | ₹124.5b | 18.3x | 15.9x | 0.8x |
| Sat, 27 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.9x | 16.4x | 0.8x |
| Mon, 25 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.1x | 13.7x | 0.7x |
| Wed, 21 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.8x | 13.3x | 0.6x |
| Fri, 19 Jan 2024 | ₹1.5t | ₹2.4t | ₹100.3b | 18.9x | 15.2x | 0.6x |
| Sun, 17 Dec 2023 | ₹1.5t | ₹2.4t | ₹100.2b | 16x | 14.8x | 0.6x |
| Tue, 14 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.1b | 20.4x | 13x | 0.6x |
| Thu, 12 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.1x | 13x | 0.5x |
| Sat, 09 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.3x | 12.9x | 0.5x |
Price to Earnings Ratio
12.9x
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 | -1.09% | |
| Materials | -0.41% | |
| Metals and Mining | 0.077% | |
| Aluminum | -3.86% | |
| Steel | 0.93% | |
| Diversified Metals and Mining | 0.23% | |
| Copper | -1.27% | |
| Gold | -4.94% | |
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 | |
|---|---|---|---|---|---|
| CMRGREEN CMR Green Technologies | ₹231.03 | 6.0% +₹2.9b | n/a | PE22.9x | |
| 544452 Swastika Castal | ₹137.40 | 27.6% +₹242.4m | 61.6% | PE34.2x | |
| 539151 Arfin India | ₹85.75 | 1.4% +₹204.2m | 148.4% | PE78.4x | |
| 509567 Goa Carbon | ₹370.00 | 4.3% +₹138.2m | -19.1% | PS0.6x | |
| 513307 Belding India | ₹1.04k | 0.5% +₹67.3m | 131.7% | PS5928.1x |