Narrative Update • Aug 08
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedAug 13, 2026
DataAggregated Company Financials
Companies25
- 7D4.7%
- 3M-1.9%
- 1Y65.1%
- YTDn/a
In the last week, the Aluminum industry is up 4.7%, with Hindalco Industries leading the way, up 3.5%. This takes the industry's 12 month performance to a gain of 65%. 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 |
|---|---|---|---|---|---|---|
| Fri, 14 Aug 2026 | ₹3.3t | ₹3.3t | ₹236.1b | 16.4x | 13.9x | 1x |
| Sun, 12 Jul 2026 | ₹2.9t | ₹3.1t | ₹196.0b | 18.3x | 15x | 0.9x |
| Tue, 09 Jun 2026 | ₹3.1t | ₹3.0t | ₹193.9b | 14x | 16.2x | 1x |
| Thu, 07 May 2026 | ₹3.2t | ₹2.9t | ₹220.6b | 19.5x | 14.3x | 1.1x |
| Sat, 04 Apr 2026 | ₹2.9t | ₹2.9t | ₹223.9b | 13.9x | 12.7x | 1x |
| Mon, 02 Mar 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 16.5x | 12.5x | 1x |
| Wed, 28 Jan 2026 | ₹2.9t | ₹2.8t | ₹240.4b | 21.7x | 12.2x | 1.1x |
| Fri, 26 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 21.8x | 10.5x | 0.9x |
| Sun, 23 Nov 2025 | ₹2.2t | ₹2.8t | ₹240.5b | 19.1x | 9.3x | 0.8x |
| Tue, 21 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.4b | 19.4x | 9.6x | 0.8x |
| Thu, 18 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 21.8x | 9.2x | 0.8x |
| Sat, 16 Aug 2025 | ₹1.9t | ₹2.7t | ₹228.2b | 17.7x | 8.5x | 0.7x |
| Mon, 14 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19.5x | 8.8x | 0.7x |
| Wed, 11 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.2b | 23.9x | 8.7x | 0.7x |
| Fri, 09 May 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.4x | 9.3x | 0.7x |
| Sun, 06 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.9x | 9.1x | 0.7x |
| Tue, 04 Mar 2025 | ₹1.8t | ₹2.5t | ₹182.6b | 15.9x | 9.7x | 0.7x |
| Thu, 30 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 20.8x | 10.7x | 0.7x |
| Sat, 28 Dec 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 23.6x | 11.5x | 0.7x |
| Mon, 25 Nov 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 21.8x | 12.4x | 0.8x |
| Wed, 23 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.4x | 15.3x | 0.9x |
| Fri, 20 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26x | 14.2x | 0.8x |
| Sun, 18 Aug 2024 | ₹1.8t | ₹2.4t | ₹134.1b | 23.4x | 13.1x | 0.7x |
| Tue, 16 Jul 2024 | ₹2.0t | ₹2.3t | ₹125.6b | 23.7x | 15.7x | 0.8x |
| Thu, 13 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.7x | 15x | 0.8x |
| Sat, 11 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 20.6x | 15.7x | 0.7x |
| Mon, 08 Apr 2024 | ₹1.6t | ₹2.3t | ₹112.1b | 21.3x | 14.7x | 0.7x |
| Wed, 06 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.9x | 13.5x | 0.6x |
| Fri, 02 Feb 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 21.2x | 15.9x | 0.7x |
| Sun, 31 Dec 2023 | ₹1.7t | ₹2.4t | ₹100.2b | 19x | 16.8x | 0.7x |
| Tue, 28 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 15.7x | 13.4x | 0.6x |
| Thu, 26 Oct 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 19.4x | 12.4x | 0.5x |
| Sat, 23 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.1x | 12.8x | 0.5x |
| Mon, 21 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15x | 11.8x | 0.5x |
Price to Earnings Ratio
11.8x
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 0.79x.
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 | -0.082% | |
| Materials | -0.69% | |
| Metals and Mining | -0.95% | |
| Aluminum | 4.72% | |
| Gold | 10.73% | |
| Copper | 2.62% | |
| Diversified Metals and Mining | -1.10% | |
| Steel | -2.23% | |
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 | ₹1.05k | 1.9% +₹44.3b | 50.6% | PE14.2x | |
| NATIONALUM National Aluminium | ₹400.50 | 5.1% +₹35.8b | 113.5% | PE10.9x | |
| BAHETI Baheti Recycling Industries | ₹783.25 | 2.6% +₹204.8m | 39.3% | PE30x | |
| MMP MMP Industries | ₹337.90 | 2.3% +₹194.3m | 33.8% | PE17.1x | |
| JAINIK Jainik Power Cables | ₹199.15 | 6.2% +₹167.9m | 62.9% | PE20.4x |