Narrative Update • Jul 23
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJul 29, 2026
DataAggregated Company Financials
Companies26
- 7D-1.8%
- 3M-14.8%
- 1Y42.5%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 1.8%, driven by declines in Vedanta Aluminium Metal and Hindalco Industries of 2.1% and 1.5%, respectively. Over the past 12 months, the industry was up 42%. 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 |
|---|---|---|---|---|---|---|
| Wed, 29 Jul 2026 | ₹2.8t | ₹3.1t | ₹196.1b | 18.4x | 14.4x | 0.9x |
| Fri, 26 Jun 2026 | ₹2.9t | ₹3.1t | ₹195.3b | 15.8x | 14.7x | 0.9x |
| Sun, 24 May 2026 | ₹3.3t | ₹3.0t | ₹193.9b | 18.4x | 17x | 1.1x |
| Tue, 21 Apr 2026 | ₹3.1t | ₹2.9t | ₹223.9b | 18.2x | 13.9x | 1.1x |
| Thu, 19 Mar 2026 | ₹2.9t | ₹2.9t | ₹223.9b | 15.1x | 12.8x | 1x |
| Sat, 14 Feb 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 17x | 12.3x | 1x |
| Mon, 12 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 22.5x | 11.3x | 1x |
| Wed, 10 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 20.7x | 9.8x | 0.8x |
| Fri, 07 Nov 2025 | ₹2.2t | ₹2.7t | ₹228.3b | 21.2x | 9.8x | 0.8x |
| Sun, 05 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.3b | 20.8x | 9.6x | 0.8x |
| Tue, 02 Sep 2025 | ₹2.0t | ₹2.7t | ₹228.1b | 19.6x | 8.8x | 0.7x |
| Thu, 31 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.7x | 9x | 0.7x |
| Sat, 28 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19.1x | 9.1x | 0.7x |
| Mon, 26 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.8x | 8.5x | 0.7x |
| Wed, 23 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.2x | 9.4x | 0.7x |
| Fri, 21 Mar 2025 | ₹2.0t | ₹2.5t | ₹182.6b | 17x | 10.7x | 0.8x |
| Sun, 16 Feb 2025 | ₹1.7t | ₹2.5t | ₹182.7b | 18.9x | 9.4x | 0.7x |
| Tue, 14 Jan 2025 | ₹1.6t | ₹2.4t | ₹158.2b | 21.3x | 10.4x | 0.7x |
| Thu, 12 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 25.1x | 12.6x | 0.8x |
| Sat, 09 Nov 2024 | ₹1.9t | ₹2.4t | ₹134.3b | 24.8x | 14.4x | 0.8x |
| Mon, 07 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.1x | 15.8x | 0.9x |
| Wed, 04 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.8x | 14.1x | 0.8x |
| Fri, 02 Aug 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.6x | 15.1x | 0.8x |
| Sun, 30 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 21.9x | 15.4x | 0.8x |
| Tue, 28 May 2024 | ₹1.9t | ₹2.3t | ₹119.7b | 20.3x | 16x | 0.8x |
| Thu, 25 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.9x | 16.2x | 0.8x |
| Sat, 23 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.1x | 13.7x | 0.7x |
| Mon, 19 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.6x | 13.4x | 0.6x |
| Wed, 17 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 20x | 16.2x | 0.7x |
| Fri, 15 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15.7x | 14.4x | 0.6x |
| Sun, 12 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.1b | 20.1x | 12.8x | 0.5x |
| Tue, 10 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.6x | 12.6x | 0.5x |
| Thu, 07 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.2x | 12.9x | 0.5x |
| Sat, 05 Aug 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.4x | 0.5x |
Price to Earnings Ratio
10.4x
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 14.4x 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 18% per year over the last three years.
- Revenues for these companies have grown 8.2% 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 | -1.12% | |
| Materials | -1.39% | |
| Metals and Mining | -1.18% | |
| Aluminum | -1.75% | |
| Gold | 1.57% | |
| Steel | -0.86% | |
| Diversified Metals and Mining | -1.65% | |
| Copper | -3.91% | |
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 | ₹439.60 | 1.9% +₹32.8b | n/a | PE-4696739.3x | |
| 500440 Hindalco Industries | ₹962.25 | 1.3% +₹27.1b | 39.7% | PE16x | |
| NATIONALUM National Aluminium | ₹344.70 | 0.7% +₹4.2b | 84.2% | PE10.9x | |
| MAANALU Maan Aluminium | ₹119.53 | 4.0% +₹278.9m | -1.0% | PE55x | |
| 509567 Goa Carbon | ₹391.60 | 6.7% +₹224.7m | -16.7% | PS0.6x |